Blowout Preventer Market (Updated Version Available)

Blowout Preventer (BOP) is a safety device used to prevent the uncontrolled flow of liquids and gases during well drilling operations.
Blowout Preventer industry concentration is relatively high. The largest producer is GE Oil & Gas, accounting for 18.6% percent market share in value in 2015, followed by Cameron, National Oilwell Varco, Uztel and Rongsheng Machinery, these five Manufacturers accounting for 64% of total market revenue in 2015. The industry competitive landscape is relatively stable.
The Blowout Preventer market scale is likely to continue to increase in the next few years. Although sales of Blowout Preventer brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not enter into the Blowout Preventer field abruptly.

The report offers detailed coverage of Blowout Preventer industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Blowout Preventer by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Blowout Preventer market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Blowout Preventer market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
GE Oil & Gas
Cameron
National Oilwell Varco
Uztel
Rongsheng Machinery
Halliburton
OJSC NaftaGaz
MSP/DRILEX
Jiangsu Xinde
Fountain Petro
Control Flow
GCOP
Jiangsu Jinshi
Well Control
Shenkai
NETS

At the same time, we classify Blowout Preventer according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Annular BOP
Ram BOP
Market by Application
Onshore Wells
Offshore Wells

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Blowout Preventer market for the forecast period 2021 - 2025?
• What are the driving forces in the Blowout Preventer market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Blowout Preventer industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?