| Product Code: ETC6659265 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Canada jackup rigs market experienced a significant decline with a CAGR of -91.04% from 2020 to 2024. However, there was a notable increase in imports in 2024, with a year-on-year growth rate of 3400.00% compared to 2023. This surge in imports in 2024 contributed to the overall uptick in the market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Jackup Rigs Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Jackup Rigs Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Jackup Rigs Market - Industry Life Cycle |
3.4 Canada Jackup Rigs Market - Porter's Five Forces |
3.5 Canada Jackup Rigs Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Canada Jackup Rigs Market Revenues & Volume Share, By Operation Depth, 2022 & 2032F |
3.7 Canada Jackup Rigs Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Canada Jackup Rigs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for oil and gas exploration and production activities in Canada. |
4.2.2 Technological advancements in jackup rigs leading to improved efficiency and safety. |
4.2.3 Favorable government policies and regulations supporting offshore drilling activities. |
4.3 Market Restraints |
4.3.1 Fluctuating oil prices impacting investment decisions in the oil and gas sector. |
4.3.2 Environmental concerns and regulations limiting offshore drilling operations. |
4.3.3 Competition from other types of drilling rigs such as semi-submersibles and drillships. |
5 Canada Jackup Rigs Market Trends |
6 Canada Jackup Rigs Market, By Types |
6.1 Canada Jackup Rigs Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Jackup Rigs Market Revenues & Volume, By Type, 2022-2032F |
6.1.3 Canada Jackup Rigs Market Revenues & Volume, By Independent legged-jackup, 2022-2032F |
6.1.4 Canada Jackup Rigs Market Revenues & Volume, By Mat-supported jackup, 2022-2032F |
6.2 Canada Jackup Rigs Market, By Operation Depth |
6.2.1 Overview and Analysis |
6.2.2 Canada Jackup Rigs Market Revenues & Volume, By Shallow Water, 2022-2032F |
6.2.3 Canada Jackup Rigs Market Revenues & Volume, By Deep Water, 2022-2032F |
6.2.4 Canada Jackup Rigs Market Revenues & Volume, By Ultra-deep Water, 2022-2032F |
6.3 Canada Jackup Rigs Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Canada Jackup Rigs Market Revenues & Volume, By Oil & Gas, 2022-2032F |
6.3.3 Canada Jackup Rigs Market Revenues & Volume, By Offshore Wind Turbine Installations, 2022-2032F |
7 Canada Jackup Rigs Market Import-Export Trade Statistics |
7.1 Canada Jackup Rigs Market Export to Major Countries |
7.2 Canada Jackup Rigs Market Imports from Major Countries |
8 Canada Jackup Rigs Market Key Performance Indicators |
8.1 Average day rates for jackup rigs in Canada. |
8.2 Utilization rates of jackup rigs in Canadian waters. |
8.3 Number of new offshore drilling projects awarded in Canada. |
8.4 Average age of the jackup rig fleet in Canada. |
8.5 Percentage of operational downtime for jackup rigs in Canadian waters. |
9 Canada Jackup Rigs Market - Opportunity Assessment |
9.1 Canada Jackup Rigs Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Canada Jackup Rigs Market Opportunity Assessment, By Operation Depth, 2022 & 2032F |
9.3 Canada Jackup Rigs Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Canada Jackup Rigs Market - Competitive Landscape |
10.1 Canada Jackup Rigs Market Revenue Share, By Companies, 2025 |
10.2 Canada Jackup Rigs Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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