Offshore Drilling Rigs Market Global Industry Trends, Market Size, and Forecasts to 2032 The offshore drilling rigs market is expected to grow from USD 75.4 billion in 2023 to USD 127.6 billion by 2032, registering a CAGR of 6.80% during the forecast period.
Offshore drilling rigs are used to explore and produce oil and gas from beneath the seabed. They are complex and expensive machines, but they are essential for meeting the world's growing energy demand.
Offshore drilling...