Global Oil Drilling Blowout Preventer Market Growth 2023-2029

Global Oil Drilling Blowout Preventer Market Growth 2023-2029

The global Oil Drilling Blowout Preventer market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Oil Drilling Blowout Preventer is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Oil Drilling Blowout Preventer is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Oil Drilling Blowout Preventer is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Oil Drilling Blowout Preventer players cover GE Oil & Gas, Cameron, National Oilwell Varco, Uztel, Baker Hughes, Rongsheng Machinery, Halliburton, OJSC NaftaGaz and MSP/DRILEX, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

Blowout Preventer. One or more valves installed at the wellhead to prevent the escape of pressure either in the annular space between the casing and the drill pipe or in open hole (for example, hole with no drill pipe) during drilling or completion operations.

LPI (LP Information)' newest research report, the “Oil Drilling Blowout Preventer Industry Forecast” looks at past sales and reviews total world Oil Drilling Blowout Preventer sales in 2022, providing a comprehensive analysis by region and market sector of projected Oil Drilling Blowout Preventer sales for 2023 through 2029. With Oil Drilling Blowout Preventer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Oil Drilling Blowout Preventer industry.

This Insight Report provides a comprehensive analysis of the global Oil Drilling Blowout Preventer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Oil Drilling Blowout Preventer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Oil Drilling Blowout Preventer market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oil Drilling Blowout Preventer and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Oil Drilling Blowout Preventer.

This report presents a comprehensive overview, market shares, and growth opportunities of Oil Drilling Blowout Preventer market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Annular BOP
Ram BOP

Segmentation by application
Onshore Wells
Offshore Wells

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GE Oil & Gas
Cameron
National Oilwell Varco
Uztel
Baker Hughes
Rongsheng Machinery
Halliburton
OJSC NaftaGaz
MSP/DRILEX
Jiangsu Xinde
Fountain Petro
Control Flow
GCOP
Jiangsu Jinshi
Well Control
Shenkai
NETS

Key Questions Addressed in this Report

What is the 10-year outlook for the global Oil Drilling Blowout Preventer market?

What factors are driving Oil Drilling Blowout Preventer market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Oil Drilling Blowout Preventer market opportunities vary by end market size?

How does Oil Drilling Blowout Preventer break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.