Global Blowout Preventer Market 2017-2021

  • ID: 4380333
  • Report
  • Region: Global
  • 73 pages
  • TechNavio
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FEATURED COMPANIES

  • Axon
  • BOP Technologies
  • Control Flow
  • GE Oil & Gas
  • National Oilwell Varco
  • Rongsheng Machinery
  • MORE
About Blowout Preventer

Blowout results in a loss of life. This along with the oil spillage has a long-term impact on the environment. Animals in the vicinity of the explosions might be exposed to hydrocarbons that are released, especially in offshore wells. Blowout preventers are a type of valves used on top of a well to control the outflow of the formation fluid in case the drilling crew loses the control. It is basically a safety equipment that seals the well under abnormal pressure conditions, thus preventing a blowout.

The analysts forecast the global blowout preventer market to grow at a CAGR of 3.62% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global blowout preventer market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Blowout Preventer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Axon
  • Cameron
  • National Oilwell Varco
  • UZTEL
Other prominent vendors
  • B.O.P Products
  • BOP Technologies
  • Control Flow
  • Fountain Petro
  • GE Oil & Gas
  • MSP/DRILEX
  • Parveen Industries
  • Rongsheng Machinery
  • Shenkai
Market drivers
  • Rising deep and ultra-deepwater drilling projects
  • For a full, detailed list, view the full report
Market challenges
  • Increasing investments in renewable sources of energy
  • For a full, detailed list, view the full report
Market trends
  • Next generation of blowout preventers
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Axon
  • BOP Technologies
  • Control Flow
  • GE Oil & Gas
  • National Oilwell Varco
  • Rongsheng Machinery
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by type
  • Global blowout preventer market by type
  • Global annular blowout preventer market
  • Global ram blowout preventer market
PART 07: Market segmentation by location
  • Global blowout preventer market by location
  • Global blowout preventer market by onshore
  • Global blowout preventer market by offshore
PART 08: Geographical segmentation
  • Global blowout preventer market by geography
  • Blowout preventer market in the Americas
  • Blowout preventer market in EMEA
  • Blowout preventer market in APAC
PART 09: Decision Framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Next generation of blowout preventers
  • Technological innovations
  • Upcoming blowout manufacturing companies
PART 12: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 13: Key vendor analysis
  • Axon
  • Cameron
  • National Oilwell Varco
  • UZTEL
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: : Stages in petroleum upstream activities
Exhibit 02: Segmentation of the global blowout preventer market
Exhibit 03: Global blowout preventer market 2017-2021 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global blowout preventer market by type 2016 and 2021 (%)
Exhibit 06: Global blowout preventer market by type 2016-2021 ($ millions)
Exhibit 07: Global annular blowout preventer market 2016-2021 ($ millions)
Exhibit 08: Global ram blowout preventer market 2016-2021 ($ millions)
Exhibit 09: Global blowout preventer market by location 2016 and 2021 (%)
Exhibit 10: Global blowout preventer market 2016-2021 by location ($ millions)
Exhibit 11: Global blowout preventer market by onshore 2016-2021 ($ millions)
Exhibit 12: Global blowout preventer market by offshore 2016-2021 ($ millions)
Exhibit 13: Global blowout preventer market by geography 2016 and 2021 (%)
Exhibit 14: Global blowout preventer market by geography 2016-2021 ($ millions)
Exhibit 15: Blowout preventer market in the Americas 2016-2021 ($ millions)
Exhibit 16: Blowout preventer market in EMEA 2016-2021 ($ millions)
Exhibit 17: Blowout preventer market in APAC 2016-2021 ($ millions)
Exhibit 18: Global crude oil price 2012-2017 ($/bbl)
Exhibit 19: Key vendor offerings
Exhibit 20: Recent developments
Exhibit 21: Key vendor offerings
Exhibit 22: Recent developments
Exhibit 23: Key vendor offerings
Exhibit 24: Recent developments
Exhibit 25: Key vendor offerings
Exhibit 26: Recent developments
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FEATURED COMPANIES

  • Axon
  • BOP Technologies
  • Control Flow
  • GE Oil & Gas
  • National Oilwell Varco
  • Rongsheng Machinery
  • MORE
New Report Released: - Global Blowout Preventer Market 2017-2021

The author of the report recognizes the following companies as the key players in the global blowout preventer market: Axon, Cameron, National Oilwell Varco, and UZTEL.

Other Prominent Vendors in the market are: B.O.P Products, BOP Technologies, Control Flow, Fountain Petro, GE Oil & Gas, MSP/DRILEX, Parveen Industries, Rongsheng Machinery, and Shenkai.

Commenting on the report, an analyst from the research team said: “One trend in the market is next generation of blowout preventers. As blowout preventers are considered to be the last line of defence, it becomes crucial that they ensure safety at the highest level of pressure situations. Exploration and drilling operations are expanding in deep and ultradeep waters where environmental conditions are becoming more challenging.”

According to the report, one driver in the market is rising deep and ultra-deepwater drilling projects. As per the US Energy Information Administration (EIA), a decline in oil prices as low as $27/bbl was witnessed in January 2016, which was the lowest since 2003. Oil prices have surged over 100% since then and was hovering around $53-55/bbl mark as of March 2017.Though the offshore deepwater/ultra-deepwater projects on an average require oil prices to stay above the $60/bbl mark, regions having large resources, such as the Gulf of Mexico and Brazil, have started to resume their operations.

Further, the report states that one challenge in the market is increasing investments in renewable sources of energy. Rising environmental awareness has resulted in increased investments in the field of renewables. The year 2015 had witnessed growth despite the fluctuating exchange rates and fall in oil and gas prices. The production from renewable sources of energy in the European Union was over 190 Mtoe (tonnes of oil equivalent), which is about 25% share of the total energy production. Renewable sources of energy are now cost competitive and compete with conventional sources as well.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Axon
  • Cameron
  • National Oilwell Varco
  • UZTEL
  • B.O.P Products
  • BOP Technologies
  • Control Flow
  • Fountain Petro
  • GE Oil & Gas
  • MSP/DRILEX
  • Parveen Industries
  • Rongsheng Machinery
  • Shenkai
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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