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Global Blowout Preventer Market Research Report 2025
Synopsis
Blowout Preventer (BOP) is a safety device used to "prevent" the uncontrolled flow of liquids and gases during well drilling operations.
Blowout preventers are large, high-pressure valves that are capable of being remotely controlled. When the driller closes the valve, a pressure-tight seal is formed at the top of the well, preventing the fluids from escaping. There are two major types of Blowout Preventers, Annular BOP and Ram BOP. Annular BOPs are usually mounted to the very top of the BOP stack. The drilling crew then mounts two, three, or four RAM BOPs below the Annular preventer. If a kick is detected, the annular is usually closed first and then the RAM is used as a backup if the Annular should fail.
Blowout preventers are used on land wells, offshore rigs, and subsea wells. Land and subsea BOPs are secured to the top of the wellbore, known as the wellhead. BOPs on offshore rigs are mounted below the rig deck. Subsea BOPs are connected to the offshore rig above by a drilling riser that provides a continuous pathway for the drill string and fluids emanating from the wellbore.
The global Blowout Preventer market was valued at US$ 9064.9 million in 2023 and is anticipated to reach US$ 9795.4 million by 2030, witnessing a CAGR of 1.1% during the forecast period 2024-2030.
The top three players of global Blowout Preventer include GE Oil & Gas, Cameron and National Oilwell Varco with about 48% market shares. North America is the largest consumption place, with a consumption market share nearly 42%. Following North America, Europe is the second largest consumption place with the consumption market share of 17%.
This report aims to provide a comprehensive presentation of the global market for Blowout Preventer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Blowout Preventer.
Report Scope
The Blowout Preventer market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Blowout Preventer market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Blowout Preventer manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Annular BOP
Ram BOP
Segment by Application
Onshore Wells
Offshore Wells
Production by Region
North America
Europe
Middle East & Africa
Japan
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Blowout Preventer manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Blowout Preventer by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Blowout Preventer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Blowout Preventer (BOP) is a safety device used to "prevent" the uncontrolled flow of liquids and gases during well drilling operations.
Blowout preventers are large, high-pressure valves that are capable of being remotely controlled. When the driller closes the valve, a pressure-tight seal is formed at the top of the well, preventing the fluids from escaping. There are two major types of Blowout Preventers, Annular BOP and Ram BOP. Annular BOPs are usually mounted to the very top of the BOP stack. The drilling crew then mounts two, three, or four RAM BOPs below the Annular preventer. If a kick is detected, the annular is usually closed first and then the RAM is used as a backup if the Annular should fail.
Blowout preventers are used on land wells, offshore rigs, and subsea wells. Land and subsea BOPs are secured to the top of the wellbore, known as the wellhead. BOPs on offshore rigs are mounted below the rig deck. Subsea BOPs are connected to the offshore rig above by a drilling riser that provides a continuous pathway for the drill string and fluids emanating from the wellbore.
The global Blowout Preventer market was valued at US$ 9064.9 million in 2023 and is anticipated to reach US$ 9795.4 million by 2030, witnessing a CAGR of 1.1% during the forecast period 2024-2030.
The top three players of global Blowout Preventer include GE Oil & Gas, Cameron and National Oilwell Varco with about 48% market shares. North America is the largest consumption place, with a consumption market share nearly 42%. Following North America, Europe is the second largest consumption place with the consumption market share of 17%.
This report aims to provide a comprehensive presentation of the global market for Blowout Preventer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Blowout Preventer.
Report Scope
The Blowout Preventer market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Blowout Preventer market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Blowout Preventer manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
Segment by Type
Annular BOP
Ram BOP
Segment by Application
Onshore Wells
Offshore Wells
Production by Region
North America
Europe
Middle East & Africa
Japan
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Blowout Preventer manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Blowout Preventer by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Blowout Preventer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Blowout Preventer Market Overview
1.1 Product Definition
1.2 Blowout Preventer Segment by Type
1.2.1 Global Blowout Preventer Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Annular BOP
1.2.3 Ram BOP
1.3 Blowout Preventer Segment by Application
1.3.1 Global Blowout Preventer Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Onshore Wells
1.3.3 Offshore Wells
1.4 Global Market Growth Prospects
1.4.1 Global Blowout Preventer Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Blowout Preventer Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Blowout Preventer Production Estimates and Forecasts (2019-2030)
1.4.4 Global Blowout Preventer Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Blowout Preventer Production Market Share by Manufacturers (2019-2024)
2.2 Global Blowout Preventer Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Blowout Preventer, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Blowout Preventer Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Blowout Preventer Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Blowout Preventer, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Blowout Preventer, Product Offered and Application
2.8 Global Key Manufacturers of Blowout Preventer, Date of Enter into This Industry
2.9 Blowout Preventer Market Competitive Situation and Trends
2.9.1 Blowout Preventer Market Concentration Rate
2.9.2 Global 5 and 10 Largest Blowout Preventer Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Blowout Preventer Production by Region
3.1 Global Blowout Preventer Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Blowout Preventer Production Value by Region (2019-2030)
3.2.1 Global Blowout Preventer Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Blowout Preventer by Region (2025-2030)
3.3 Global Blowout Preventer Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Blowout Preventer Production by Region (2019-2030)
3.4.1 Global Blowout Preventer Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Blowout Preventer by Region (2025-2030)
3.5 Global Blowout Preventer Market Price Analysis by Region (2019-2024)
3.6 Global Blowout Preventer Production and Value, Year-over-Year Growth
3.6.1 North America Blowout Preventer Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Blowout Preventer Production Value Estimates and Forecasts (2019-2030)
3.6.3 Middle East & Africa Blowout Preventer Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Blowout Preventer Production Value Estimates and Forecasts (2019-2030)
3.6.5 China Blowout Preventer Production Value Estimates and Forecasts (2019-2030)
4 Blowout Preventer Consumption by Region
4.1 Global Blowout Preventer Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Blowout Preventer Consumption by Region (2019-2030)
4.2.1 Global Blowout Preventer Consumption by Region (2019-2024)
4.2.2 Global Blowout Preventer Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Blowout Preventer Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Blowout Preventer Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Blowout Preventer Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Blowout Preventer Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Blowout Preventer Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Blowout Preventer Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Blowout Preventer Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Blowout Preventer Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Blowout Preventer Production by Type (2019-2030)
5.1.1 Global Blowout Preventer Production by Type (2019-2024)
5.1.2 Global Blowout Preventer Production by Type (2025-2030)
5.1.3 Global Blowout Preventer Production Market Share by Type (2019-2030)
5.2 Global Blowout Preventer Production Value by Type (2019-2030)
5.2.1 Global Blowout Preventer Production Value by Type (2019-2024)
5.2.2 Global Blowout Preventer Production Value by Type (2025-2030)
5.2.3 Global Blowout Preventer Production Value Market Share by Type (2019-2030)
5.3 Global Blowout Preventer Price by Type (2019-2030)
6 Segment by Application
6.1 Global Blowout Preventer Production by Application (2019-2030)
6.1.1 Global Blowout Preventer Production by Application (2019-2024)
6.1.2 Global Blowout Preventer Production by Application (2025-2030)
6.1.3 Global Blowout Preventer Production Market Share by Application (2019-2030)
6.2 Global Blowout Preventer Production Value by Application (2019-2030)
6.2.1 Global Blowout Preventer Production Value by Application (2019-2024)
6.2.2 Global Blowout Preventer Production Value by Application (2025-2030)
6.2.3 Global Blowout Preventer Production Value Market Share by Application (2019-2030)
6.3 Global Blowout Preventer Price by Application (2019-2030)
7 Key Companies Profiled
7.1 GE Oil & Gas
7.1.1 GE Oil & Gas Blowout Preventer Corporation Information
7.1.2 GE Oil & Gas Blowout Preventer Product Portfolio
7.1.3 GE Oil & Gas Blowout Preventer Production, Value, Price and Gross Margin (2019-2024)
7.1.4 GE Oil & Gas Main Business and Markets Served
7.1.5 GE Oil & Gas Recent Developments/Updates
7.2 Cameron
7.2.1 Cameron Blowout Preventer Corporation Information
7.2.2 Cameron Blowout Preventer Product Portfolio
7.2.3 Cameron Blowout Preventer Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Cameron Main Business and Markets Served
7.2.5 Cameron Recent Developments/Updates
7.3 National Oilwell Varco
7.3.1 National Oilwell Varco Blowout Preventer Corporation Information
7.3.2 National Oilwell Varco Blowout Preventer Product Portfolio
7.3.3 National Oilwell Varco Blowout Preventer Production, Value, Price and Gross Margin (2019-2024)
7.3.4 National Oilwell Varco Main Business and Markets Served
7.3.5 National Oilwell Varco Recent Developments/Updates
7.4 Uztel
7.4.1 Uztel Blowout Preventer Corporation Information
7.4.2 Uztel Blowout Preventer Product Portfolio
7.4.3 Uztel Blowout Preventer Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Uztel Main Business and Markets Served
7.4.5 Uztel Recent Developments/Updates
7.5 Rongsheng Machinery
7.5.1 Rongsheng Machinery Blowout Preventer Corporation Information
7.5.2 Rongsheng Machinery Blowout Preventer Product Portfolio
7.5.3 Rongsheng Machinery Blowout Preventer Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Rongsheng Machinery Main Business and Markets Served
7.5.5 Rongsheng Machinery Recent Developments/Updates
7.6 Halliburton
7.6.1 Halliburton Blowout Preventer Corporation Information
7.6.2 Halliburton Blowout Preventer Product Portfolio
7.6.3 Halliburton Blowout Preventer Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Halliburton Main Business and Markets Served
7.6.5 Halliburton Recent Developments/Updates
7.7 OJSC NaftaGaz
7.7.1 OJSC NaftaGaz Blowout Preventer Corporation Information
7.7.2 OJSC NaftaGaz Blowout Preventer Product Portfolio
7.7.3 OJSC NaftaGaz Blowout Preventer Production, Value, Price and Gross Margin (2019-2024)
7.7.4 OJSC NaftaGaz Main Business and Markets Served
7.7.5 OJSC NaftaGaz Recent Developments/Updates
7.8 MSP/DRILEX
7.8.1 MSP/DRILEX Blowout Preventer Corporation Information
7.8.2 MSP/DRILEX Blowout Preventer Product Portfolio
7.8.3 MSP/DRILEX Blowout Preventer Production, Value, Price and Gross Margin (2019-2024)
7.8.4 MSP/DRILEX Main Business and Markets Served
7.7.5 MSP/DRILEX Recent Developments/Updates
7.9 Jiangsu Xinde
7.9.1 Jiangsu Xinde Blowout Preventer Corporation Information
7.9.2 Jiangsu Xinde Blowout Preventer Product Portfolio
7.9.3 Jiangsu Xinde Blowout Preventer Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Jiangsu Xinde Main Business and Markets Served
7.9.5 Jiangsu Xinde Recent Developments/Updates
7.10 Fountain Petro
7.10.1 Fountain Petro Blowout Preventer Corporation Information
7.10.2 Fountain Petro Blowout Preventer Product Portfolio
7.10.3 Fountain Petro Blowout Preventer Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Fountain Petro Main Business and Markets Served
7.10.5 Fountain Petro Recent Developments/Updates
7.11 Control Flow
7.11.1 Control Flow Blowout Preventer Corporation Information
7.11.2 Control Flow Blowout Preventer Product Portfolio
7.11.3 Control Flow Blowout Preventer Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Control Flow Main Business and Markets Served
7.11.5 Control Flow Recent Developments/Updates
7.12 GCOP
7.12.1 GCOP Blowout Preventer Corporation Information
7.12.2 GCOP Blowout Preventer Product Portfolio
7.12.3 GCOP Blowout Preventer Production, Value, Price and Gross Margin (2019-2024)
7.12.4 GCOP Main Business and Markets Served
7.12.5 GCOP Recent Developments/Updates
7.13 Jiangsu Jinshi
7.13.1 Jiangsu Jinshi Blowout Preventer Corporation Information
7.13.2 Jiangsu Jinshi Blowout Preventer Product Portfolio
7.13.3 Jiangsu Jinshi Blowout Preventer Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Jiangsu Jinshi Main Business and Markets Served
7.13.5 Jiangsu Jinshi Recent Developments/Updates
7.14 Well Control
7.14.1 Well Control Blowout Preventer Corporation Information
7.14.2 Well Control Blowout Preventer Product Portfolio
7.14.3 Well Control Blowout Preventer Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Well Control Main Business and Markets Served
7.14.5 Well Control Recent Developments/Updates
7.15 Shenkai
7.15.1 Shenkai Blowout Preventer Corporation Information
7.15.2 Shenkai Blowout Preventer Product Portfolio
7.15.3 Shenkai Blowout Preventer Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Shenkai Main Business and Markets Served
7.15.5 Shenkai Recent Developments/Updates
7.16 NETS
7.16.1 NETS Blowout Preventer Corporation Information
7.16.2 NETS Blowout Preventer Product Portfolio
7.16.3 NETS Blowout Preventer Production, Value, Price and Gross Margin (2019-2024)
7.16.4 NETS Main Business and Markets Served
7.16.5 NETS Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Blowout Preventer Industry Chain Analysis
8.2 Blowout Preventer Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Blowout Preventer Production Mode & Process
8.4 Blowout Preventer Sales and Marketing
8.4.1 Blowout Preventer Sales Channels
8.4.2 Blowout Preventer Distributors
8.5 Blowout Preventer Customers
9 Blowout Preventer Market Dynamics
9.1 Blowout Preventer Industry Trends
9.2 Blowout Preventer Market Drivers
9.3 Blowout Preventer Market Challenges
9.4 Blowout Preventer Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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