+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Global Choke and Kill Manifold Market 2019-2023 - Product Image

Global Choke and Kill Manifold Market 2019-2023

  • ID: 4749662
  • Report
  • Region: Global
  • 115 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 4

FEATURED COMPANIES

  • Jereh Group
  • National Oilwell Varco
  • Schlumberger
  • TechnipFMC
  • MORE
Advances in pressure control systems to drive market growth. Blowout preventers (BOPS) are crucial pressure control equipment in deepwater oil rigs. Their main function is to prevent the unexpected release of oil and gas from the wellhead. A BOP is equipped with a shear ram and a safety valve that cuts into the oil and gas conductor pipe to shut off the sudden oil and gas flow and prevents explosions. Federal regulations are being enforced to prevent such unexpected problems. These regulations require oil and gas production sites to be equipped with BOPS to eliminate the threat of unexpected explosions. Choke and kill manifolds are the main equipment used in BOPS to cut off the flow, control the pressure build-up in the reserve, and kill the well by allowing the injection of cement slurry into the well. The analysts have predicted that the choke and kill manifold market will register a CAGR of close to 8% by 2023.

Market Overview

Rise in consumption of oil and gas

The global liquid fuel consumption is predicted to grow steadily during the forecast period. It will be driven by the increase in industrialization and urbanization in developing countries. The major oil and gas companies have resorted to E&P projects to meet the demand for oil and gas.

Fluctuations in global crude oil prices

Crude oil prices have encountered large variations over the years. The rapid decline affected the profitability of many upstream companies and impacted their revenue generation. Several oil and gas companies stopped or postponed their E&P projects as the low revenue made it difficult for them to sustain in the market.

For the detailed list of factors that will drive and challenge the growth of the choke and kill manifold market during the 2019-2023, view this report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Schlumberger and TechnipFMC, the competitive environment is quite intense. Factors such as the advances in pressure control systems and the rise in consumption of oil and gas, will provide considerable growth opportunities to choke and kill manifold manufacturers. Jereh Group, National Oilwell Varco, Schlumberger, TechnipFMC, and Worldwide Oilfield Machine are some of the major companies covered in this report.
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Jereh Group
  • National Oilwell Varco
  • Schlumberger
  • TechnipFMC
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
  • Market segmentation by application
  • Comparison by application
  • Onshore - Market size and forecast 2018-2023
  • Offshore - Market size and forecast 2018-2023
  • Market opportunity by application
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Middle East and Africa - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Increasing investments in oil and gas upstream activities
  • Increase in deepwater and ultra-deepwater upstream projects
  • Advances in pressure control systems
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Jereh Group
  • National Oilwell Varco
  • Schlumberger
  • TechnipFMC
  • Worldwide Oilfield Machine
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Global oilfield equipment and services market
Exhibit 02: Segments of global oilfield equipment and services market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: Application - Market share 2018-2023 (%)
Exhibit 18: Comparison by application
Exhibit 19: Onshore - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: Onshore - Year-over-year growth 2019-2023 (%)
Exhibit 21: Offshore - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: Offshore - Year-over-year growth 2019-2023 (%)
Exhibit 23: Market opportunity by application
Exhibit 24: Customer landscape
Exhibit 25: Market share by geography 2018-2023 (%)
Exhibit 26: Geographic comparison
Exhibit 27: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 28: North America - Year-over-year growth 2019-2023 (%)
Exhibit 29: Middle East and Africa - Market size and forecast 2018-2023 ($ millions)
Exhibit 30: Middle East and Africa - Year-over-year growth 2019-2023 (%)
Exhibit 31: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 32: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 33: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 35: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 36: South America - Year-over-year growth 2019-2023 (%)
Exhibit 37: Key leading countries
Exhibit 38: Market opportunity
Exhibit 39: Impact of drivers and challenges
Exhibit 40: Vendor landscape
Exhibit 41: Landscape disruption
Exhibit 42: Vendors covered
Exhibit 43: Vendor classification
Exhibit 44: Market positioning of vendors
Exhibit 45: Jereh Group - Vendor overview
Exhibit 46: Jereh Group - Business segments
Exhibit 47: Jereh Group - Organizational developments
Exhibit 48: Jereh Group - Geographic focus
Exhibit 49: Jereh Group - Segment focus
Exhibit 50: Jereh Group - Key offerings
Exhibit 51: National Oilwell Varco - Vendor overview
Exhibit 52: National Oilwell Varco - Business segments
Exhibit 53: National Oilwell Varco - Organizational developments
Exhibit 54: National Oilwell Varco - Geographic focus
Exhibit 55: National Oilwell Varco - Segment focus
Exhibit 56: National Oilwell Varco - Key offerings
Exhibit 57: Schlumberger - Vendor overview
Exhibit 58: Schlumberger - Business segments
Exhibit 59: Schlumberger - Organizational developments
Exhibit 60: Schlumberger - Geographic focus
Exhibit 61: Schlumberger - Segment focus
Exhibit 62: Schlumberger - Key offerings
Exhibit 63: TechnipFMC - Vendor overview
Exhibit 64: TechnipFMC - Business segments
Exhibit 65: TechnipFMC - Organizational developments
Exhibit 66: TechnipFMC - Geographic focus
Exhibit 67: TechnipFMC - Segment focus
Exhibit 68: TechnipFMC - Key offerings
Exhibit 69: Worldwide Oilfield Machine - Vendor overview
Exhibit 70: Worldwide Oilfield Machine - Key offerings
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4

FEATURED COMPANIES

  • Jereh Group
  • National Oilwell Varco
  • Schlumberger
  • TechnipFMC
  • MORE
Global Choke and Kill Manifold Market 2019-2023

The analyst recognizes the following companies as the key players in the global choke and kill manifold market: Jereh Group, National Oilwell Varco, Schlumberger, TechnipFMC, and Worldwide Oilfield Machine.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the advances in pressure control systems.”

According to the report, one of the major drivers for this market is the rise in consumption of oil and gas.

Further, the report states that one of the major factors hindering the growth of this market is the fluctuations in global crude oil prices.

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.
Note: Product cover images may vary from those shown
5 of 4
  • Jereh Group
  • National Oilwell Varco
  • Schlumberger
  • TechnipFMC
  • Worldwide Oilfield Machine
Note: Product cover images may vary from those shown
Adroll
adroll