Offshore Drilling Equipment Market to Cross $113 Billion by 2030: Increasing Adoption of Digitalization and Automation in Offshore Drilling Operations

The market offers opportunities driven by rising global energy demand, the shift to offshore oil and gas exploration due to depleted onshore reserves, and technological innovations in subsea systems. The market is evolving with increased digitalization and a focus on renewable applications.

The market offers opportunities driven by rising global energy demand, the shift to offshore oil and gas exploration due to depleted onshore reserves, and technological innovations in subsea systems. The market is evolving with increased digitalization and a focus on renewable applications.

Source: https://www.globenewswire.com/news-release/2025/06/11/3097341/28124/en/Offshore-Drilling-Equipment-Market-to-Cross-113-Billion-by-2030-Increasing-Adoption-of-Digitalization-and-Automation-in-Offshore-Drilling-Operations.html