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Published Date: 2015-08-07Number of Pages: 117

Blowout Preventer (BOP) Market By Configuration (Annular BOP and Ram BOP) and By Location (Onshore and Offshore) - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2014 - 2022

A blowout preventer (BOP) is a large valve installed in stacks to seal and control the seepage of fluids from wells. Bulky, heavy, and designed for redundancy, BOPs are the last line of defense against a runaway well. After the major oil spill incidents, namely Deepwater-Horizon oil spill and Exxon Valdez oil spill, exploration companies have started focusing more on safety equipment. Hydrocarbon agencies and safety organizations are developing stringent norms to develop safe operating standards in the exploration and production sector. BOPs are installed to control erratic pressures and uncontrolled flow from wells during drilling operations. In addition to controlling erratic pressures and flow, a blowout preventer also prevents drilling fluids and tubing from being blown out of the well (during blowouts). BOPs are vital for the safety of a rig, crew, and the environment. BOPs can be used by closing the valve, which is generally operated by a remote control through the hydraulic actuators. BOPs are used for various purpose and are available in different styles, sizes and pressure ratings. It is attached to the well head using flanged or collet connectors and is attached to BOP control system to ensure that the hydraulic pressure is conveyed to right place, at a right pressure as quickly as possible. 

Blowout preventers can be classified on the basis of configuration into ram and annular BOP. Ram type blowout preventers use a pair of steel plunger rams that can extend up to the center of the wellbore to restrict the flow. The top and inner faces of rams are fitted with elastomeric elements that clamp together with a great force to seal the wellbore. Annular BOPs are designed to seal the annular space between the wellbore and the drill pipes. They are usually installed above the ram BOP. They are also known as spherical blowout preventers and utilize a hemispherical rubber as a seal. Annular BOPs are usually not as effective as ram BOPs. Annular BOPs accounted for 68.2% of the global BOP market in 2013. BOPs can be used in both onshore and offshore wells. In terms of location, onshore BOPs accounted for 67.6% of the global BOP market in 2013.

Blowout preventers can be used at onshore wells and offshore wells. Oil spill incidents result in the degradation of surroundings that can be aquatic life at offshore or soil degradation at onshore locations. Therefore, pre-oil spill is found to be important in oil and gas drilling activities. Various practices involved in pre-oil spill management primarily include the utilization of blowout preventers for drilling and completion. BOP installation during the drilling activity has become a primary requirement for any onshore and offshore oil and gas field.

The market for BOP is segmented geographically into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America. Middle East & Africa was the largest consumer of BOP, accounting for 28.69% of the overall market share, in 2013. Middle East & Africa is likely to remain the largest market for BOP throughout forecast period, primarily due to an increasing number of onshore wells and drilling activities in the region. Asia Pacific ranked second in terms of market share, accounting for 24.06% of the global market for BOP, in 2013. Australia, Malaysia, and the South China Sea are the major hydrocarbon producers from offshore fields. This would make Asia Pacific one of the most attractive markets for BOP installations in the near future. North America ranked third in the global BOP market in 2013. Rapidly increasing shale oil production in the U.S. and production from oil sand in Canada are anticipated to be the primary drivers of the BOP market in North America during the forecast period. The Gulf of Mexico is the major hydrocarbon field in the U.S. and is expected to drive the BOP market in the country. The BOP markets in South & Central America and Europe are expected to grow significantly in the near future due to the increasing drilling activities in the regions.

 

blowout-preventer-market

 

 

Chapter 1 Preface

1.1 Report Description

1.2 Research Scope

1.3 Market Segmentation

1.4 Research Methodology

 

Chapter 2 Executive Summary

2.1 Global Blowout Preventer Market

 

Chapter 3 Blowout Preventer Market – Industry Analysis

3.1 Introduction

3.2 Value Chain Analysis: Blowout Preventer Market

3.3 Market Drivers

    3.3.1 Stringent Norms and Regulations mandating Higher Investments towards Oil Spill Avoidance and Management

                  3.3.1.1 U.S. (North America)

                  3.3.1.2 Brazil and Venezuela (Latin America)

                  3.3.1.3 Russia and Norway (Europe)

                  3.3.1.4 China and Malaysia (Asia Pacific)

      3.3.2 Growing Volume Of Seaborne Trade Is Expected To Result In Higher Expenditures On Offshore Oil Spill Management

                  3.3.2.1 Strategic Choke Points and Major Ports globally

      3.4.1 Uncertainty in Crude Oil Prices would Impact Investments of Offshore Operators and thus Restrain BOP Market Growth

3.5 Market Opportunities

3.6 New Developments in Blowout Preventer Market Technology can Reduce Costs and Increase Efficiency of Market Players

3.7 Porter’s Five Forces Analysis: Blowout Preventer Market

       3.7.1 Bargaining power of suppliers

       3.7.2 Bargaining power of buyers

       3.7.3 Threat of new entrants

       3.7.4 Degree of competition

       3.7.5 Threat of substitutes

3.8 Market Attractiveness Analysis

      3.8.1 Market Attractiveness Analysis of Global Blowout Preventer Market, by Region, 2013

 

Chapter 4 Blowout Preventer Market: Configuration Analysis

4.1 Blowout Preventer Market: Configuration Overview

      4.1.1 Global Blowout Preventer Market, Revenue Share by Configuration, 2013 and 2022

4.2 Annular Blowout Preventers

      4.2.1 Global Annular Blowout Preventer Market Estimates and Forecast, 2013 – 2022 (USD Million)

      4.2.2 Global Annular Blowout Preventer Market Estimate and Forecast, by Region, 2013 – 2022 (USD Million)

4.3 Ram Blowout Preventers

      4.3.1 Global Ram Blowout Preventer Market Estimates and Forecast, 2013 – 2022 (USD Million)

      4.3.2 Global  Ram Blowout Preventer Market Estimate and Forecast, by Region, 2013 – 2022 (USD Million)

 

Chapter 5 Blowout Preventer Market: Location wise Analysis

5.1 Global Blowout Preventer Market: Location Wise overview

      5.1.1 Global Blowout Preventer Market, Revenue Share by Location 2013 and 2022

5.2 Onshore

      5.2.1 Global Onshore Blowout Preventer Market Estimates and Forecast, 2013 – 2022 (USD Million)

      5.2.2 Global Onshore Blowout Preventer Market Estimate and Forecast, by Region, 2013 – 2022 (USD Million)

5.3 Offshore

      5.3.1 Global Offshore Blowout Preventer Market Estimates and Forecast, 2013 – 2022 (USD Million)

      5.3.2 Global Offshore Blowout Preventer Market Estimate and Forecast, by Region, 2013 – 2022 (USD Million)

 

Chapter 6 Blowout Preventer Market: Regional Analysis

6.1 Blowout Preventer Market: Regional overview

       6.1.1 Global Blowout Preventer Market, Revenue Share by Region, 2013 and 2022

6.2 North America

      6.2.1 North America Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

       6.2.2 U.S.

              6.2.2.1 U.S. Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

                6.2.2.2 U.S. Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

             6.2.2.3 U.S. BOPs Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

        6.2.3 Rest of North America

             6.2.3.1 Rest of North America Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

             6.2.3.2 Rest of North America Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

             6.2.3.3 Rest of North America Blowout Preventer Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

            6.2.3.4 North America Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

                6.2.3.5 North America Blowout Preventer Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

6.3 South and Central America

    6.3.1 South and Central America Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

       6.3.2 Brazil

             6.3.2.1 Brazil Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

               6.3.2.2 Brazil Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

            6.3.2.3 Brazil Blowout Preventer Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

        6.3.3 Venezuela

                6.3.3.1 Venezuela Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

               6.3.3.2 Venezuela Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

               6.3.3.3 Venezuela Blowout Preventer Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

       6.3.4 Rest of South and Central America (SCA)

           6.3.4.1 Rest of South & Central America Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

            6.3.4.2 Rest of South & Central America Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

            6.3.4.3 Rest of South & Central America Blowout Preventer Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

                6.3.4.4 South & Central America Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

                6.3.4.5 South & Central America Blowout Preventer Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

6.4 Europe

      6.4.1 Europe Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

      6.4.2 Russia

            6.4.2.1 Russia Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

              6.4.2.2 Russia Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

          6.4.2.3 Russia Blowout Preventer Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

      6.4.3 Kazakhstan

             6.4.3.1 Kazakhstan Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

           6.4.3.2 Kazakhstan Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

             6.4.3.3 Kazakhstan Blowout Preventer Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

      6.4.4 Norway

            6.4.4.1 Norway Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

            6.4.4.2 Norway Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

           6.4.4.3 Norway Blowout Preventer Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

      6.4.5 Rest of Europe

           6.4.5.1 Rest of Europe Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

          6.4.5.2 Rest of Europe Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

          6.4.5.3 Rest of Europe Blowout Preventer Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

            6.4.5.4 Europe Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

          6.4.5.5 Europe Blowout Preventer Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

6.5 Asia Pacific

      6.5.1 Asia Pacific Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

      6.5.2 China

            6.5.2.1 China Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

             6.5.2.2 China Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

            6.5.2.3 China Blowout Preventer Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

      6.5.3 Indonesia

              6.5.3.1 Indonesia Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

            6.5.3.2 Indonesia Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

              6.5.3.3 Indonesia Blowout Preventer Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

      6.5.4 Australia

               6.5.4.1 Australia Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

              6.5.4.2 Australia Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

                6.5.4.3 Australia Blowout Preventer Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

      6.5.5 Rest of Asia Pacific

           6.5.5.1 Rest of Asia Pacific Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

           6.5.5.2 Rest of Asia Pacific Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

            6.5.5.3 Rest of Asia Pacific Blowout Preventer Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

             6.5.5.4 Asia Pacific Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

               6.5.5.5 Asia Pacific Blowout Preventer Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

6.6 Middle East and Africa (MEA)

      6.6.1 MEA Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

      6.6.2 Saudi Arabia

            6.6.2.1 Saudi Arabia Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

            6.6.2.2 Saudi Arabia Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

            6.6.2.3 Saudi Arabia Blowout Preventer Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

      6.6.3 Nigeria

           6.6.3.1 Nigeria Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

             6.6.3.2 Nigeria Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

           6.6.3.3 Nigeria Blowout Preventer Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

      6.6.4 Rest of Middle East and Africa

             6.6.4.1 Rest of Middle East & Africa Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

              6.6.4.2 Rest of Middle East & Africa Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

             6.6.4.3 Rest of Middle East & Africa Blowout Preventer Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

          6.6.4.4 Middle East & Africa Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 – 2022, (USD Million)

            6.6.4.5 Middle East & Africa Blowout Preventer Market Estimates and Forecast, by Location, 2013 – 2022, (USD Million)

 

Chapter 7 Company Profiles

7.1 Cameron International Corporation

       7.1.1 Company overview

       7.1.2 Product Portfolio

       7.1.3 Financial overview

       7.1.4 Business strategy

       7.1.5 Recent developments

7.2 National Oilwell Varco

       7.2.1 Company overview

       7.2.2 Product portfolio

       7.2.3 Financial overview

       7.2.4 Business strategy

       7.2.5 Recent developments

7.3 Control Flow Inc.

       7.3.1 Company overview

       7.3.2 Product portfolio

       7.3.3 Financial overview

       7.3.4 Business strategy

       7.3.5 Recent developments

7.4 GE Oil & Gas

       7.4.1 Company overview

       7.4.2 Product portfolio

       7.4.3 Financial overview

       7.4.4 Business strategy

       7.4.5 Recent developments

7.5 Proserv Group Inc. (Proserv)

       7.5.1 Company overview

       7.5.2 Product portfolio

       7.5.3 Financial overview

       7.5.4 Business strategy

       7.5.5 Recent developments

7.6 Uztel S.A.

       7.6.1 Company overview

       7.6.2 Product portfolio

       7.6.3 Financial overview

       7.6.4 Business strategy

       7.6.5 Recent developments

7.7 Rongsheng Machinery Manufacture Ltd.

       7.7.1 Company overview

       7.7.2 Product portfolio

       7.7.3 Financial overview

       7.7.4 Business strategy

       7.7.5 Recent developments

7.8 Greenes Energy Group, LLC, LLC

1.1 Report Description

1.2 Research Scope

1.3 Market Segmentation

1.4 Research Methodology

List of Figures 

 

FIG. 1 Blowout Preventer Market: Market Segmentation

FIG. 3 Value Chain Analysis of Blowout Preventer Market

FIG. 4 Positioning of Strategic Trade Choke Points with Major Ports alongside

FIG. 5 Crude Oil Prices Trend from 2007 to 2015

FIG. 6 Porter’s Five Forces Analysis: Blowout Preventers Market

FIG. 7 Market Attractiveness Analysis of Global Blowout Preventer Market, by Region, 2013

FIG. 8 Global Blowout Preventer Market Estimates and Forecast, by Configuration, 2013 & 2022 (USD Million)

FIG. 9 Global Annular Blowout Preventer Market Revenue, 2013 – 2022 (USD Million)

FIG. 10 Global Ram Blowout Preventer Market Revenue, 2013 – 2022 (USD Million)

FIG. 11 Global Blowout Preventer Market, Revenue Share by Location, 2013 and 2022

FIG. 12 Global Onshore Blowout Preventer Market Revenue, 2013 - 2022 (USD Million)

FIG. 13 Global Offshore Blowout Preventer Market Volume and Revenue, 2013 - 2022 (USD Million)

FIG. 14 Global Blowout Preventer Market, Revenue Share by Region, 2013 and 2022 (USD Million)

FIG. 15 North America Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

FIG. 16 U.S. Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

FIG. 17 Rest of North America Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

FIG. 18 South and Central America Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

FIG. 19 Brazil Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

FIG. 20 Venezuela Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

FIG. 21 Rest of South & Central America Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

FIG. 22 Europe Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

FIG. 23 Russia Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

FIG. 24 Kazakhstan Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

FIG. 25 Norway Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

FIG. 26 Rest of Europe Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

FIG. 27 Asia Pacific Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

FIG. 28 China Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

FIG. 29 Indonesia Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

FIG. 30 Australia Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

FIG. 31 Rest of Asia Pacific Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

FIG. 32 MEA Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

FIG. 33 Saudi Arabia Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

FIG. 34 Nigeria BOPs Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

FIG. 35 Rest of Middle East & Africa Blowout Preventer Market Estimates and Forecast, By Revenue, 2013 – 2022 (USD Million)

List of Tables

 

TABLE 1 Global Blowout Preventer Market Snapshot

TABLE 2 Blowout Preventers Ratings

TABLE 3 Drivers of Blowout Preventer Market: Impact Analysis

TABLE 1 Trade of Crude Oil Through Major Trade Choke Points, 2009 – 2013 (Million Barrels/Day)

TABLE 4 Restraints of Blowout Preventer Market: Impact Analysis

TABLE 5 Major Oil and Gas Reservoirs in World

TABLE 6 Opportunities of Blowout Preventer Market: Impact Analysis

TABLE 7 Global Annular Blowout Preventer Market Revenue and Forecast, by Region, 2013 - 2022 (USD Million)

TABLE 8 Global Ram Blowout Preventer Market Revenue and Forecast, by Region, 2013 - 2022 (USD Million)

TABLE 9 Global Onshore Blowout Preventer Market Revenue and Forecast, by Region, 2013 - 2022 (USD Million)

TABLE 10 Global Offshore Blowout Preventer Market Revenue and Forecast, by Region, 2013 - 2022 (USD Million)

TABLE 11 U.S. Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 12 U.S. BOPs Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

TABLE 13 Rest of North America Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 14 Rest of North America Blowout Preventer Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

TABLE 15 North America Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 16 North America Blowout Preventer Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

TABLE 17 Brazil Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 18 Brazil Blowout Preventer Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

TABLE 19 Venezuela Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 20 Venezuela Blowout Preventer Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

TABLE 21 Rest of South & Central America Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 22 Rest of South & Central America Blowout Preventer Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

TABLE 23 South & Central America Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 24 South & Central America Blowout Preventer Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

TABLE 25 Russia Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 26 Russia Blowout Preventer Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

TABLE 27 Kazakhstan Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 28 Kazakhstan Blowout Preventer Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

TABLE 29 Norway Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 30 Norway Blowout Preventer Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

TABLE 31 Rest of Europe Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 32 Rest of Europe Blowout Preventer Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

TABLE 33 Europe Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 34 Europe Blowout Preventer Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

TABLE 35 China Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 36 China Blowout Preventer Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

TABLE 37 Indonesia Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 38 Indonesia Blowout Preventer Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

TABLE 39 Australia Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 40 Australia Blowout Preventer Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

TABLE 41 Rest of Asia Pacific Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 42 Rest of Asia Pacific Blowout Preventer Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

TABLE 43 Asia Pacific Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 44 Asia Pacific Blowout Preventer Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

TABLE 45 Saudi Arabia Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 46 Saudi Arabia Blowout Preventer Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

TABLE 47 Nigeria Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 48 Nigeria Blowout Preventer Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

TABLE 49 Rest of Middle East & Africa Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 50 Rest of Middle East & Africa Blowout Preventer Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

TABLE 51 Middle East & Africa Blowout Preventer Market Revenue and Forecast, by Configuration, 2013 - 2022 (USD Million)

TABLE 52 Middle East & Africa Blowout Preventer Market Revenue and Forecast, by Location, 2013 - 2022 (USD Million)

 

This research study analyzes the market for blowout preventer (BOP) in terms of revenue (USD Million). The BOP market has been segmented on the basis of configuration, location, and geography. The regional segment has been further divided into 16 sub-segments that comprise 11 countries which are major players in the global BOP market. For the research, 2013 has been taken as the base year while all forecasts have been given for the 2014–2022 period. Market data for all the segments has been provided at the regional as well as country-specific level for the 2013–2022 period. The report provides a broad competitive analysis of companies engaged in the BOP manufacturing and installation business. 

 

The report also includes the key market dynamics such as drivers, restraints, and opportunities affecting the global BOP market. These market dynamics were analyzed in detail and are illustrated in the report with the help of supporting graphs and tables. The report also provides a comprehensive industry analysis of the global BOP market with the help of Porter’s Five Forces model. This analysis helps in understanding the five major forces that affect the market structure and profitability of the global BOP market. The forces analyzed are the bargaining power of buyers, bargaining power of suppliers, threat of new entrants, threat of substitutes, and degree of competition. 

 

The report provides detailed insights into the BOP business globally. There are currently numerous drivers for the ESP market. One of the most prominent drivers is the stringent norms and regulations, mandating higher investments towards oil spill avoidance and management. Apart from this, growing volume of seaborne trade is also expected to result in higher expenditures on offshore oil spill management and hence on BOP installations. Market attractiveness analysis was carried out for the BOP market on the basis of geography. Market attractiveness was estimated on the basis of common parameters that directly impact the market in different regions.  

 

The BOP market was segmented on the basis of configuration (annular BOP and ram BOP) and location (onshore and offshore). The configuration of BOP systems is different for both onshore and offshore oilfields, depending on the requirements. In onshore oilfields, the complexity of surroundings is low as compared to offshore oilfields. The installation of BOP in onshore fields would be low cost and easier due to less adverse conditions unlike in offshore fields. The BOP market was analyzed across five geographies: North America, South & Central America, Europe, Asia Pacific, and Middle East & Africa. Regional data has been provided for each sub-segment of the ESP market. Key market participants in the BOP market include Cameron International Corporation, National Oilwell Varco (NOV), Control Flow Inc., GE Oil & Gas, and Uztel S.A. The report provides an overview of these companies, followed by their financial details, business strategies, and recent developments.

 

BOP Market: By Configuration

  • Annular BOP
  • Ram BOP

BOP Market: By Location

  • Onshore
  • Offshore

BOP Market: By Region

  • North America
    • U.S.
    • Rest of North America
  • South & Central America 
    • Brazil
    • Venezuela
    • Rest of South & Central America
  • Europe
    • Russia
    • Kazakhstan
    • Norway
    • Rest of Europe
  • Asia Pacific
    • China
    • Indonesia
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa
    • Saudi Arabia
    • Nigeria
    • Rest of Middle East & Africa