Blowout Preventers Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-2299 | Report Format : | Status : Upcoming |

Abstract

Blowout Preventers Market: Overview

The blowout preventers are specialized valves that are huge in size or can also be defined as mechanical devices that are installed on the stacks in order to monitor, control, and seal the fluid leakage from the oil and gas wells which helps in preventing a blowout. Blowout preventers are used as a defense and are used at the onshore and offshore wells.

Blowout Preventers Market: Facts

ENSCO DS-7 will be attached with a second blowout preventer. Coupled with the rig’s dual derricks and the technical advancements this development that is made will make ENSCO DS-7 the most component possession in the global fleet. After the upgradation of the ENSCO DS-7, it will be shifted to the Mediterranean Sea.

Blowout Preventers Market: Segmentation

The global market for the blowout preventers is fragmented into its type and location. On the basis of the type, the global market is fragmented into RAM blowout preventer and annular blowout preventer. On the basis of the location, the market is categorized into offshore and onshore.

Blowout Preventers Market: Growth Factors

The key factors that are driving the blowout preventers market are the increasing requirement for the effective production of the oil and gas and the growing subsea drilling activities. There is an increase in the drilling activities owing to the growing demand for the hydrocarbons which, in turn, triggers the demand for the blowout preventers and the drilling tools. In order to minimize the additional costs and expenditures efficient oil and gas production should be done in the offshore and the onshore fields. The increased safety regulations and norms for the products efficiency act as a supporting factor for the growth of the blowout preventers market. All these factors are expected to propel the demand of the blowout preventers market in the coming years.

Blowout Preventers Market: Regional Analysis

The regions that have a large scale of extraction of oil and gas activities mainly contribute a huge share in the blowout preventers market. The region that is contributing the maximum share in the blowout preventers market is the Middle East and Africa due to the increasing onshore and offshore and the drilling activities. Asia Pacific is following the Middle East and Africa owing to the increased installations of the blowout preventers. Asia Pacific region is having a huge number of opportunities in the blow preventers market as the nations such as China and Malaysia are the chief producers of the hydrocarbons. North America is having an average rate of market growth. The countries such as the U.S., Gulf of Mexico, and Brazil are the main countries in the blow preventers market owing to the growing offshore and onshore drilling activities.

Blowout Preventers Market: Competitive Players

The key market players that are involved in the blowout preventers market include National Oilwell Varco, General Electric Oil and Gas, Uztel S.A., Greenes Energy Group, LLC, Rigmanufacturer, Cameron International Corporation, Control Flow Inc., Proserv Group Inc., Rongsheng Machinery Manufacture Ltd., and others.

Blowout Preventers Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Emission Monitoring Systems Market by Product (Continuous Emission Monitoring System and Predictive Emissions Monitoring System), by Offering (Hardware, Software, and Services), by End-Use Industry (Power Generation, Oil & Gas, Chemicals & Fertilizers, Cement, Pulp & Paper, Pharmaceuticals, Metal & Mining, Marine & Shipping, Waste Incineration, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Jun-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-4246 | Report Format:

The report for emission monitoring systems market provides a comprehensive glance on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The complete study covers the key drivers and restraints of...Read More

Heat Meter Market by Type (Mechanical, Static, Vortex, and Others), by Connectivity (Wired and Wireless), and by End-Use Industry (Residential, Commercial & Public, and Industrial): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Jun-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-4235 | Report Format:

The report covers a forecast and an analysis of the heat meter market on a global and regional level. The study provides historical information from 2016 to 2018 with a forecast from 2019 to 2025 based on both volume (K Units) and revenue (USD Million). The complete study covers the key drivers an...Read More

Energy Efficient Motor Market By Efficiency Level (IE1, IE2, IE3, and IE4), By Motor Type (AC and DC), By Application (HVAC, Fans, Pumps, Compressors, Refrigeration, Material Handling, and Material Processing), and By Vertical (Industrial, Commercial Building, Residential, Automotive, Aerospace & Defense, Agriculture, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Jun-2019 | Price : $ 4899.00 | Pages: 138 | Report Code: ZMR-4213 | Report Format:

The report covers a forecast and an analysis of the energy efficient motor market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The study includes drivers and restraints of the ene...Read More

Armored Cable Market By Material Type (Aluminum, Stainless Steel, and Others), By Armored Type (Interlocked and Continuously Corrugated Welded), By Core Type (Multi-Core and Single Core), and By End-User (Construction Industry, Gas & Oil Industry, Manufacturing Industry, Mining Industry, Communication Industry, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

May-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-4154 | Report Format:

The report covers a forecast and an analysis of the armored cable market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes the drivers and restraints of the armored cable m...Read More

Mining Automation Market by Type (Equipment, Software, and Communication System), by Technique (Underground Mining and Surface Mining), and by Application (Metal Mining, Mineral Mining, and Coal Mining): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

May-2019 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-4119 | Report Format:

The report covers a forecast and an analysis of the mining automation market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The study includes drivers and restraints of the mining automati...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.