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Global Offshore Oil and Gas Rigs Market, Forecast 2027

The Global Offshore Oil & Gas Rig Market valued at USD14735.78 million in 2021 and is anticipated to project robust growth in the forecast period with a CAGR of 5.69% owing to blooming demand for oil and gas, oilfield facilities etc. https://bit.ly/3wdPJGg

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Global Offshore Oil and Gas Rigs Market, Forecast 2027

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  1. 2017 – 2027 GLOBAL OFFSHORE OIL & GAS RIG MARKET FORECAST AND OPPORTUNITIES www.techsciresearch.com 1 MARKET INTELLIGENCE . CONSULTING

  2. Table of Contents S. No. Contents 1. Product Overview 2. Research Methodology 3. Executive Summary 4. Impact of COVID-19 on Global Offshore Oil & Gas Rig Market 5. Voice of Customer 5.1. Brand Awareness 5.2. Factors Considered For Choosing Offshore Oil & Gas Rig Vendor 5.3. Major Challenges Related to Offshore Oil & Gas Rig 6. Global Offshore Oil & Gas Rig Market Outlook 6.1. Market Size & Forecast 6.1.1. By Value & Volume 6.2. Market Share & Forecast 6.2.1. By Type (Jackups, Semisubmersibles, Drill Ships, and Others) 6.2.2. By Water Depth (Shallow Water, Deepwater and Ultra-deepwater) 6.2.3. By Region (Asia-Pacific, Europe, North America, Middle East & Africa, South America) 6.2.4. By Company (2021) 6.3. Market Map 7. Asia-Pacific Offshore Oil & Gas Rig Market Outlook 7.1. Market Size & Forecast 7.1.1. By Value & Volume 7.2. Market Share & Forecast 7.2.1. By Type 7.2.2. By Water Depth 7.2.3. By Country 2 2 © TechSci Research

  3. Table of Contents S. No. Contents 7.3. Asia-Pacific: Country Analysis 7.3.1. China Offshore Oil & Gas Rig Market Outlook 7.3.1.1. Market Size & Forecast 7.3.1.1.1. By Value & Volume 7.3.1.2. Market Share & Forecast 7.3.1.2.1. By Type 7.3.1.2.2. By Water Depth 7.3.2. India Offshore Oil & Gas Rig Market Outlook 7.3.2.1. Market Size & Forecast 7.3.2.1.1. By Value & Volume 7.3.2.2. Market Share & Forecast 7.3.2.2.1. By Type 7.3.2.2.2. By Water Depth 7.3.3. Malaysia Offshore Oil & Gas Rig Market Outlook 7.3.3.1. Market Size & Forecast 7.3.3.1.1. By Value & Volume 7.3.3.2. Market Share & Forecast 7.3.3.2.1. By Type 7.3.3.2.2. By Water Depth 7.3.4. Singapore Offshore Oil & Gas Rig Market Outlook 7.3.4.1. Market Size & Forecast 7.3.4.1.1. By Value & Volume 7.3.4.2. Market Share & Forecast 7.3.4.2.1. By Type 7.3.4.2.2. By Water Depth 7.3.5. Indonesia Offshore Oil & Gas Rig Market Outlook 3 3 © TechSci Research

  4. Table of Contents S. No. Contents 7.3.5.1. Market Share & Forecast 7.3.5.1.1. By Value & Volume 7.3.5.2. Market Share & Forecast 7.3.5.2.1. By Type 7.3.5.2.2. By Water Depth 7.3.6. South Korea Offshore Oil & Gas Rig Market Outlook 7.3.6.1. Market Size & Forecast 7.3.6.1.1. By Value & Volume 7.3.6.2. Market Share & Forecast 7.3.6.2.1. By Type 7.3.6.2.2. By Water Depth 7.3.7. Australia Offshore Oil & Gas Rig Market Outlook 7.3.7.1. Market Size & Forecast 7.3.7.1.1. By Value & Volume 7.3.7.2. Market Share & Forecast 7.3.7.2.1. By Type 7.3.7.2.2. By Water Depth 8. Middle East & Africa Offshore Oil & Gas Rig Market Outlook 8.1. Market Size & Forecast 8.1.1. By Value & Volume 8.2. Market Share & Forecast 8.2.1. By Type 8.2.2. By Water Depth 8.2.3. By Country 8.3. Middle East & Africa: Country Analysis 8.3.1. Saudi Arabia Offshore Oil & Gas Rig Market Outlook 4 4 © TechSci Research

  5. Table of Contents S. No. Contents 8.3.1.1. Market Size & Forecast 8.3.1.1.1. By Value & Volume 8.3.1.2. Market Share & Forecast 8.3.1.2.1. By Type 8.3.1.2.2. By Water Depth 8.3.2. UAE Offshore Oil & Gas Rig Market Outlook 8.3.2.1. Market Size & Forecast 8.3.2.1.1. By Value & Volume 8.3.2.2. Market Share & Forecast 8.3.2.2.1. By Type 8.3.2.2.2. By Water Depth 8.3.3. Qatar Offshore Oil & Gas Rig Market Outlook 8.3.3.1. Market Size & Forecast 8.3.3.1.1. By Value & Volume 8.3.3.2. Market Share & Forecast 8.3.3.2.1. By Type 8.3.3.2.2. By Water Depth 8.3.4. Iran Offshore Oil & Gas Rig Market Outlook 8.3.4.1. Market Size & Forecast 8.3.4.1.1. By Value & Volume 8.3.4.2. Market Share & Forecast 8.3.4.2.1. By Type 8.3.4.2.2. By Water Depth 5 5 © TechSci Research

  6. Table of Contents Contents S. No. 8.3.5. Egypt Offshore Oil & Gas Rig Market Outlook Market Share & Forecast 8.3.5.1. 8.3.5.1.1. By Value & Volume 8.3.5.2. Market Share & Forecast 8.3.5.2.1. By Type 8.3.5.2.2. By Water Depth 8.3.6. Bahrain Offshore Oil & Gas Rig Market Outlook 8.3.6.1. Market Size & Forecast 8.3.6.1.1. By Value & Volume 8.3.6.2. Market Share & Forecast 8.3.6.2.1. By Type 8.3.6.2.2. By Water Depth 9. Europe Offshore Oil & Gas Rig Market Outlook 9.1. Market Size & Forecast 9.1.1. By Value & Volume 9.2. Market Share & Forecast 9.2.1. By Type 9.2.2. By Water Depth 9.2.3. By Country 9.3. Europe: Country Analysis 9.3.1. Norway Offshore Oil & Gas Rig Market Outlook 9.3.1.1. Market Size & Forecast 9.3.1.1.1. By Value & Volume 9.3.1.2. Market Share & Forecast 9.3.1.2.1. By Type 6 6 © TechSci Research

  7. Table of Contents S. No. Contents 9.3.1.2.2. By Water Depth 9.3.2. United Kingdom Offshore Oil & Gas Rig Market Outlook 9.3.2.1. Market Size & Forecast 9.3.2.1.1. By Value & Volume 9.3.2.2. Market Share & Forecast 9.3.2.2.1. By Type 9.3.2.2.2. By Water Depth 9.3.3. Spain Offshore Oil & Gas Rig Market Outlook 9.3.3.1. Market Size & Forecast 9.3.3.1.1. By Value & Volume 9.3.3.2. Market Share & Forecast 9.3.3.2.1. By Type 9.3.3.2.2. By Water Depth 9.3.4. Azerbaijan Offshore Oil & Gas Rig Market Outlook 9.3.4.1. Market Size & Forecast 9.3.4.1.1. By Value & Volume 9.3.4.2. Market Share & Forecast 9.3.4.2.1. By Type 9.3.4.2.2. By Water Depth 9.3.5. Turkey Offshore Oil & Gas Rig Market Outlook 9.3.5.1. Market Size & Forecast 9.3.5.1.1. By Value & Volume 9.3.5.2. Market Share & Forecast 9.3.5.2.1. By Type 9.3.5.2.2. By Water Depth 7 7 © TechSci Research

  8. Table of Contents S. No. Contents 9.3.6. Russia Offshore Oil & Gas Rig Market Outlook 9.3.6.1. Market Size & Forecast 9.3.6.1.1. By Value & Volume 9.3.6.2. Market Share & Forecast 9.3.6.2.1. By Type 9.3.6.2.2. By Water Depth 9.3.7. Netherlands Offshore Oil & Gas Rig Market Outlook 9.3.7.1. Market Size & Forecast 9.3.7.1.1. By Value & Volume 9.3.7.2. Market Share & Forecast 9.3.7.2.1. By Type 9.3.7.2.2. By Water Depth 10. North America Offshore Oil & Gas Rig Market Outlook 10.1. Market Size & Forecast 10.1.1. By Value & Volume 10.2. Market Share & Forecast 10.2.1. By Type 10.2.2. By Water Depth 10.2.3. By Country 10.3. North America: Country Analysis 10.3.1. United States Offshore Oil & Gas Rig Market Outlook 10.3.1.1. Market Size & Forecast 10.3.1.1.1. By Value & Volume 10.3.1.2. Market Share & Forecast 10.3.1.2.1. By Type 10.3.1.2.2. By Water Depth 8 8 © TechSci Research

  9. Table of Contents S. No. Contents 10.3.2. Mexico Offshore Oil & Gas Rig Market Outlook 10.3.2.1. Market Size & Forecast 10.3.2.1.1. By Value & Volume 10.3.2.2. Market Share & Forecast 10.3.2.2.1. By Type 10.3.2.2.2. By Water Depth 10.3.3. Canada Offshore Oil & Gas Rig Market Outlook 10.3.3.1. Market Size & Forecast 10.3.3.1.1. By Value & Volume 10.3.3.2. Market Share & Forecast 10.3.3.2.1. By Type 10.3.3.2.2. By Water Depth 11. South America Offshore Oil & Gas Rig Market Outlook 11.1. Market Size & Forecast 11.1.1. By Value & Volume 11.2. Market Share & Forecast 11.2.1. By Type 11.2.2. By Water Depth 11.2.3. By Country 11.3. South America: Country Analysis 11.3.1. Brazil Offshore Oil & Gas Rig Market Outlook 11.3.1.1. Market Size & Forecast 11.3.1.1.1. By Value & Volume 11.3.1.2. Market Share & Forecast 11.3.1.2.1. By Type 11.3.1.2.2. By Water Depth 9 9 © TechSci Research

  10. Table of Contents S. No. Contents 11.3.2. Trinidad Offshore Oil & Gas Rig Market Outlook 11.3.2.1. Market Size & Forecast 11.3.2.1.1. By Value & Volume 11.3.2.2. Market Share & Forecast 11.3.2.2.1. By Type 11.3.2.2.2. By Water Depth 11.3.3. Colombia Offshore Oil & Gas Rig Market Outlook 11.3.3.1. Market Size & Forecast 11.3.3.1.1. By Value & Volume 11.3.3.2. Market Share & Forecast 11.3.3.2.1. By Type 11.3.3.2.2. By Water Depth 12. Market Dynamics 12.1. Drivers 12.2. Challenges 13. Market Trends and Developments 14. Policy and Regulatory Landscape 15. O&G Construction and Service/Refurbishment 16. Digital Solutions and Innovations for Oil & Gas Industry 17. Global Energy Consumption, By Region and By Segment 18. Overview on Repair, Modification and Upgradation of Offshore Rigs 19. Company Profiles 19.1. Global Company Profiles 19.1.1. Halliburton Co. 19.1.2. Valaris Limited 19.1.3. Baker Hughes Company 10 10 © TechSci Research

  11. Table of Contents S. No. Contents 19.1.4. Sembcorp Marine Ltd 19.1.5. Schlumberger Limited 19.1.6. China Oilfield Services Limited 19.2. Asia-Pacific Company Profiles 19.2.1. Samsung Heavy Industries Co. Ltd 19.2.2. Jindal Drilling & Industries Limited 19.2.3. Keppel Offshore & Marine 19.3. Middle East & Africa Company Profiles 19.3.1. ADNOC Drilling 19.3.2. Arabian Drilling Company 19.3.3. Shelf Drilling, Ltd 19.4. Europe Company Profiles 19.4.1. Saipem S.p.A. 19.4.2. Maersk Drilling A/S 19.4.3. Transocean Ltd 19.5. North America Company Profiles 19.5.1. Scientific Drilling International 19.5.2. Leam Drilling Systems, Inc. 19.5.3. Nov Inc. 19.5. South America Company Profiles 19.5.1. Petróleo Brasileiro S.A. 19.5.2. Nabors Industries Ltd. 19.5.3. Seadrill Limited 20. Strategic Recommendations 21. About Us Disclaimer 11 11 © TechSci Research

  12. Product Overview

  13. Product Overview Scope of Report: Offshore Oil & Gas Rig A massive structure with facilities to extract and process petroleum and natural gas that lies in rock formations beneath the seabed is known as an offshore oil & gas rig platform. It is a large structure on or in the water with facilities for drilling wells, extracting and processing oil and natural gas and temporarily storing the product until it can be refined and marketed. Market Segmentation GLOBAL OFFSHORE OIL & GAS RIG MARKET GLOBAL OFFSHORE OIL & GAS RIG MARKET Year Range BY TYPE BY REGION Jackups • Europe • Review Period Semisubmersibles • North America • 2017 – 2020 Drill Ships • Asia-Pacific • Others • South America Base Year • Middle East & Africa • 2021 BY WATER DEPTH Estimated Year Shallow Water • Deep Water • 2022 Ultra-deep Water • Forecast Period 2023 – 2027 13 13 © TechSci Research

  14. Research Methodology

  15. Research Methodology Data Analysis Market Profiling Developing List of Respondents Formulating Questionnaire Data Collection Data Validation In-depth secondary research was conducted to determine overall market size, segmental market size and top companies in the Global Offshore Oil & Gas Rig Market. The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about Global Offshore Oil & Gas Rig Market. Data obtained as a result of primary and secondary research was validated through rigorous triangulation. TechSci conducted interviews with industry experts and leading companiesfor data collection and verification. In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide. List of top companies and industry specialists was developed. Desk Research Company Analysis Primary Research ✓ ✓ Recent Developments Market Changing Aspects/Dynamics Government Policies Conclusion ✓ ✓ Market Participants Key Strengths ✓ Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews Data Filter & Analysis Research & Intelligence Actionable Insights Business Solution Data Collection ✓ ✓ ✓ ✓ Primary Research Secondary Research Paid Sources ✓ ✓ ✓ ✓ ✓ ✓ LinkedIn TechSci Internal Database Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Factiva Hoovers ✓ ✓ ✓ ✓ 15 15 © TechSci Research

  16. Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of the global offshore oil & gas rig market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as increasing investments in renewable energy, growing initiatives by government and companies to reduce carbon emissions, etc., and speculated a robust growth during the forecast period. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the global offshore oil & gas rig market. Methodology Followed for Calculation of Market Size: Market Size by Value: Market size, in terms of value, for the year 2021 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders and industry experts. The team interviewed more than 10 companies, 20 industry experts and other value chain stakeholders in the global offshore oil & gas rig market to obtain the overall market size during 2017-2021, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data for 2017-2021. 16 16 © TechSci Research

  17. Research Methodology Respondents were asked about the current and future market growth rates, as well as market shares by type, by water depth, by region and by company. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders depending upon the component. Methodology Followed for Calculation of Market Shares: Market shares by type, by water depth, by region and by company were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares of the leading offshore oil & gas rig companies. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Moreover, respondents were asked about the leading companies operating in the Global Offshore Oil & Gas Rig Market. Methodology Followed for Forecasting: TechSci Research performed periodical checks on data collected through the surveys with logical checks and analyzed the survey results. 17 17 © TechSci Research

  18. Research Methodology Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast the Global Offshore Oil & Gas Rig Market, TechSci Research used various forecast techniques such as: Moving Average o Time Series Analysis o Regression Analysis o Econometric and Judgmental Analysis o TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate and analyze market demand scenario. Halliburton Co., Valaris Limited, Baker Hughes Company, Sembcorp Marine Ltd, Schlumberger Limited, China Oilfield Services Limited, Samsung Heavy Industries Co. Ltd, Jindal Drilling & Industries Limited, Keppel Offshore & Marine, ADNOC Drilling, Arabian Partial List of Companies Interviewed Drilling Company, Shelf Drilling, Ltd, Saipem S.p.A., Maersk Drilling A/S, Transocean Ltd, Scientific Drilling International, Leam Drilling Systems, Inc., Nov Inc., Petróleo Brasileiro S.A., Nabors Industries Ltd., Seadrill Limited, among others. US Oil & Gas Association, International Association of Oil & Gas Producers, ARPEL, Latin American Oil & Gas Association, Company Annual Reports, Press Releases, Industry Partial List of Secondary Sources Magazines, Industry Reports, Company Websites, TechSci Research Proprietary Database & Knowledge Repository, etc. Note: (a): Sum of some shares may not be 100% due to round off till two decimal places. 18 18 © TechSci Research

  19. Industry Brief Increasing investments and oilfield services concepts to drive the global offshore oil and gas rig market growth in the forecast period, 2023-2027. According to TechSci Research report, “Offshore Oil & Gas Rig Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027”, the global offshore oil and gas rig market was valued at USD14735.78 million in 2021 and is expected to grow at a CAGR of 5.69% to reach USD22522.64 million by 2027. The demand for oil & gas is rising rapidly owing to the strong economic activities and growth of prominent industry verticals, including the automotive, construction, and manufacturing industries across the globe. The growing oilfield services industry can provide assets, labor, technology, and project management services. They help the exploration and production operators by enabling them to explore, drill and develop oil & gas fields. Also, the market players are making high-end investments in research and development activities to find innovative solutions to make the oil exploration activity profitable, which is expected to create lucrative growth opportunities for the market players in the next five years. Setting up a rig and digging wells to extract oil and gas is a costly process which is major reason organizations are not willing to spend a significant amount of money and effort in an ineffective location. The advent of 3-D seismic imaging technology is one of the significant advancements in oil exploration activities. The 3-D seismic imaging bounces and travels differently based on the material it goes through. In this procedure, an energy source is used to send sound waves deep through the earth's surface. Geophones are placed on the earth's surface that receives the noises that bounce back up and transfer the data to recorder trucks. Engineers and geophysicists study the data obtained and, with that data, are able to create a 3-D structure of the contents inside the surface. The information gained is useful and used by the oil & gas market players to make informed decisions. Similarly, the advent of different techniques and offshore drilling procedures that can help with the oil exploration and production process is expected to influence the market demand positively. However, unstable oil prices and the high operational costs may hinder the global offshore oil & gas rig market growth in the forecast period. The global offshore oil & gas rig market is segmented into type, water depth, regional distribution, and company. Based on water depth, the market is divided into shallow water, deepwater, and ultra-deepwater. Shallow water depth dominated the market in 2021 and captured 64.67% of the overall market share. Jackups have 82% utilization, followed by drills at around 79% and semi-drills at around 64%, covering a large percentage in shallow water. Jackups are used in shallow and intermediate water depth as they have limitations on leg length. The growing Jackups market is expected to fuel the segment demand over the next five years. Major market players operating in the global offshore oil & gas rig market are Halliburton Co., Valaris Limited, Sembcorp Marine Ltd, Schlumberger Limited, China Oilfield Services Limited, Samsung Heavy Industries Co. Ltd, Jindal Drilling & Industries Limited, Keppel Offshore & Marine, ADNOC Drilling, Arabian Drilling Company, Shelf Drilling, Ltd. “Asia-pacific dominated the market in 2021 and captured 33.17% of the total market share. The market is expected to grow at a CAGR of 5.20% in the Asia-pacific region over the forecast period. There is a rise in the number of offshore development projects to support the growth of the developing economies across the region. China, India, Japan, Indonesia, and Thailand are developing at a significant rate, increasing energy resource consumption. The government of the emerging economies is investing substantial amounts in offshore exploration and production and promoting the non-conventional energy resources across their country. The surge in demand for offshore gas and oil rigs, along with growing exploration and production activities, are expected to propel the global offshore oil & gas rig market growth till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. Baker Hughes Company, 19 19 © TechSci Research

  20. Sample Data - Snapshot Global Offshore Oil & Gas Rig Market Size, By Value (USD Million), 2017-2027F CAGR 2017-2021 By Value: xx% CAGR 2022E-2027F By Value: xx% 2017 2018 2019 2020 2021 2022E 2023F 2024F 2025F 2026F 2027F Value (USD Million) Asia-Pacific Offshore Oil & Gas Rig Market Share, By Type, By Value, 2017-2027F 2017 10.00% 20.00% 30.00% 40.00% 2018 10.00% 20.00% 30.00% 40.00% 2019 10.00% 20.00% 30.00% 40.00% 2020 10.00% 20.00% 30.00% 40.00% 2021 10.00% 20.00% 30.00% 40.00% 2022E 10.00% 20.00% 30.00% 40.00% 2023F 10.00% 20.00% 30.00% 40.00% 2024F 10.00% 20.00% 30.00% 40.00% 2025F 10.00% 20.00% 30.00% 40.00% 2026F 10.00% 20.00% 30.00% 40.00% 2027F 10.00% 20.00% 30.00% 40.00% Jackups Semisubmersibles Drill Ships Others China Offshore Oil & Gas Rig Market Share, By Water Depth, By Value, 2017-2027F 2017 20.00% 30.00% 50.00% 2018 20.00% 30.00% 50.00% 2019 20.00% 30.00% 50.00% 2020 20.00% 30.00% 50.00% 2021 20.00% 30.00% 50.00% 2022E 20.00% 30.00% 50.00% 2023F 20.00% 30.00% 50.00% 2024F 20.00% 30.00% 50.00% 2025F 20.00% 30.00% 50.00% 2026F 20.00% 30.00% 50.00% 2027F 20.00% 30.00% 50.00% Shallow Water Deepwater Ultra-deepwater 20 20 © TechSci Research

  21. Industry Brief Report Name: GLOBAL OFFSHORE OIL & GAS RIG MARKET FORECAST AND OPPORTUNITIES 2017 – 2027 License Type Single User License Price $4900 Multi-User License Custom Research License $5900 $8900 To View Sample OR Purchase Report 21 21 © TechSci Research

  22. Table of Contents About Us & Disclaimer TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the market. Related Reports Global Drilling Tools Market, Forecast and Opportunities, 2027 • Global Oil and Gas Drill Bits Market, Forecast and Opportunities, 2027 • Global Oil Country Tubular Goods Market, Forecast and Opportunities, 2027 • Global Oilfield Services Market, Forecast and Opportunities, 2027 • Global Oil & Gas Storage Services Market, Forecast and Opportunities, 2027 • Global Drill Pipe Market, Forecast and Opportunities, 2027 • Global Oil & Gas Accumulator Market, Forecast and Opportunities, 2027 Global Directional Drilling Market, Forecast and Opportunities, 2027 • • TechSci Research – North America 708 Third Avenue, Manhattan, New York, United States Tel: +1- 646- 360- 1656 Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Europe 54, Old brook, Bretton, Peterborough, United Kingdom Email: sales@techsciresearch.com www.techsciresearch.com TechSci Research – Asia-Pacific B – 44, Sector – 57, Noida, National Capital Region, U.P. - India Tel: +91-120-4523900 Email: sales@techsciresearch.com www.techsciresearch.com Disclaimer The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

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