North America Market Forecast
North America industry is predicted to dominate majority revenue share of 30% by 2037, backed by the presence of large oil and gas reserves and oilfield services in this region. Further, the government in this region is influencing the use of mobile offshore drilling by its various initiatives, which is further set to dominate the market.
APAC Market Statistics
The mobile offshore drilling unit market in Asia Pacific region is poised to have significant growth over the forecast period. The surge in oil imports in this region is responsible for the market expansion since it is the highest consumer. In the year 2021, the Asia-Pacific daily oil consumption was about 35 million barrels. In Asia Pacific region, China has the highest energy consumer.
Author Credits: Dhruv Bhatia
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