Oil & Gas Equipment & Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Drillships
Overview
Market size
$18.5B
global, USD
CAGR
4.5%
base to forecast
Buyer power
-2.6
supplier-favoured
Suppliers
5
tracked players
Signals
12
1 high severity
Market outlook
2031$23.1B
What changed
Demand by region
Latin America demand40%
North America demand25%
Middle East & Africa demand15%
Asia Pacific demand10%
Rest of world demand10%
share of global demandtotal 100%
Cost drivers
Heavy rotating diesel-electric power systems30%
Marine grade structural steel plate and hardware25%
Labor and specialized shipyard engineering20%
Upstream oilfield services and OCTG tubing15%
Marine fuel oil and operational overhead10%
share of delivered cost (analyst estimate)