Oil & Gas Equipment & Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Offshore Drilling Rigs - Jackup
Overview
Market size
$12.5B
global, USD
CAGR
4.2%
base to forecast
Buyer power
-2.8
supplier-favoured
Suppliers
6
tracked players
Signals
12
monitored
Market outlook
2031$15.4B
What changed
Demand by region
Middle East demand31%
Asia Pacific demand28%
North America demand18%
Europe demand15%
Rest of world demand8%
share of global demandtotal 100%
Cost drivers
Crew and Labor Costs35%
Maintenance, Sustaining Capex and Spares25%
Fuel and Power Generation15%
Catering, Logistics and Support Vessels15%
Insurance and Regulatory Compliance10%
share of delivered cost (analyst estimate)