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Global Subsea Well Access and Blowout Preventer System Market 2019-2023 - Product Image

Global Subsea Well Access and Blowout Preventer System Market 2019-2023

  • ID: 4770405
  • Report
  • Region: Global
  • 127 pages
  • TechNavio
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FEATURED COMPANIES

  • Halliburton Co.
  • Schlumberger Ltd.
  • TechnipFMC Plc
  • MORE
About this market

Safety and environmental concerns associated with subsea E&P activities will drive the global subsea well access and blowout preventer system market. As subsea oil and gas E&P activities are conducted under the seabed, many safety issues arise due to complexities involved in operations. Reliable and safety installation of subsea equipment is a key factor involved in the development of subsea oil and gas wells. The analysts have predicted that the subsea well access and blowout preventer system market will register a CAGR of over 5% by 2023.

Market Overview

Growing demand for oil and natural gas


Owing to improvements in global economic growth and strong cooling and heating requirement in several regions, the global demand for energy will grow. The rise in adoption of subsea oil and gas production will increase the need for subsea well access system and blowout preventer.

Complexities involved in subsea oil and gas production

Carrying out subsea drilling requires the utilization of oil rigs to extract crude oil. maintenance activities of subsea equipment involve high capital cost and are time consuming. The complexities involved in subsea oil and gas production will impede the global subsea well access and blowout preventer system market.

For the detailed list of factors that will drive and challenge the growth of the subsea well access and blowout preventer system market during the 2019-2023, view the full report.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several companies including TechnipFMC Plc, and Weatherford International Plc, the competitive environment is quite intense. Factors such as the safety and environmental concerns associated with subsea E&P activities and growing demand for oil and natural gas, will provide considerable growth opportunities to subsea well access and blowout preventer system manufactures. Baker Hughes, a GE Co. LLC, Halliburton Co., Oceaneering International Inc., Schlumberger Ltd., TechnipFMC Plc, and Weatherford International Plc, are some of the major companies covered in this report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Halliburton Co.
  • Schlumberger Ltd.
  • TechnipFMC Plc
  • 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 PRODUCT
  • Market segmentation by product
  • Comparison by product
  • Subsea blowout preventers - Market size and forecast 2018-2023
  • Subsea well access systems - Market size and forecast 2018-2023
  • Market opportunity by product
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • MEA - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • North America - 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
  • Advances in subsea processing
  • Declining cost of offshore drilling projects
  • Advances in blowout preventers
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Baker Hughes, a GE Co. LLC
  • Halliburton Co.
  • Oceaneering International Inc.
  • Schlumberger Ltd.
  • TechnipFMC Plc
  • Weatherford International Plc
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of vendors classification
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: Product - Market share 2018-2023 (%)
Exhibit 18: Comparison by product
Exhibit 19: Subsea blowout preventers - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: Subsea blowout preventers - Year-over-year growth 2019-2023 (%)
Exhibit 21: Subsea well access systems - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: Subsea well access systems - Year-over-year growth 2019-2023 (%)
Exhibit 23: Market opportunity by product
Exhibit 24: Customer landscape
Exhibit 25: Market share by geography 2018-2023 (%)
Exhibit 26: Geographic comparison
Exhibit 27: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 28: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 29: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 30: APAC - 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: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 34: North America - 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: Baker Hughes, a GE Co. LLC - Vendor overview
Exhibit 46: Baker Hughes, a GE Co. LLC - Business segments
Exhibit 47: Baker Hughes, a GE Co. LLC - Organizational developments
Exhibit 48: Baker Hughes, a GE Co. LLC - Geographic focus
Exhibit 49: Baker Hughes, a GE Co. LLC - Segment focus
Exhibit 50: Baker Hughes, a GE Co. LLC - Key offerings
Exhibit 51: Halliburton Co. - Vendor overview
Exhibit 52: Halliburton Co. - Business segments
Exhibit 53: Halliburton Co. - Organizational developments
Exhibit 54: Halliburton Co. - Geographic focus
Exhibit 55: Halliburton Co. - Segment focus
Exhibit 56: Halliburton Co. - Key offerings
Exhibit 57: Oceaneering International Inc. - Vendor overview
Exhibit 58: Oceaneering International Inc. - Business segments
Exhibit 59: Oceaneering International Inc. - Organizational developments
Exhibit 60: Oceaneering International Inc. - Geographic focus
Exhibit 61: Oceaneering International Inc. - Segment focus
Exhibit 62: Oceaneering International Inc. - Key offerings
Exhibit 63: Schlumberger Ltd. - Vendor overview
Exhibit 64: Schlumberger Ltd. - Business segments
Exhibit 65: Schlumberger Ltd. - Organizational developments
Exhibit 66: Schlumberger Ltd. - Geographic focus
Exhibit 67: Schlumberger Ltd. - Segment focus
Exhibit 68: Schlumberger Ltd. - Key offerings
Exhibit 69: TechnipFMC Plc - Vendor overview
Exhibit 70: TechnipFMC Plc - Business segments
Exhibit 71: TechnipFMC Plc - Organizational developments
Exhibit 72: TechnipFMC Plc - Geographic focus
Exhibit 73: TechnipFMC Plc - Segment focus
Exhibit 74: TechnipFMC Plc - Key offerings
Exhibit 75: Weatherford International Plc - Vendor overview
Exhibit 76: Weatherford International Plc - Business segments
Exhibit 77: Weatherford International Plc - Organizational developments
Exhibit 78: Weatherford International Plc - Segment focus
Exhibit 79: Weatherford International Plc - Key offerings
Exhibit 80: Validation techniques employed for market sizing
Exhibit 81: Definition of vendors classification
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Halliburton Co.
  • Schlumberger Ltd.
  • TechnipFMC Plc
  • MORE
Global Subsea Well Access and Blowout Preventer System Market 2019-2023

The author of the report recognizes the following companies as the key players in the global subsea well access and blowout preventer system market: Baker Hughes, a GE Co. LLC, Halliburton Co., Oceaneering International Inc., Schlumberger Ltd., TechnipFMC Plc, and Weatherford International Plc.

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

According to the report, one of the major drivers for this market is the growing demand for oil and natural gas.

Further, the report states that one of the major factors hindering the growth of this market is the complexities involved in subsea oil and gas production.

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
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  • Baker Hughes, a GE Co. LLC
  • Halliburton Co.
  • Oceaneering International Inc.
  • Schlumberger Ltd.
  • TechnipFMC Plc
  • Weatherford International Plc
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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