The Market Reports

Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com

Subsea Blowout Preventer (BOP)-Global Market Insights and Sales Trends 2025

Subsea Blowout Preventer (BOP)-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1855144

No of Pages : 116

Synopsis
BOP is a high pressure mechanical safety valve system at the top of a well head, which prevents uncontrolled fluid flow in the well bore. This device is essential in the oil and gas industry as it monitors and controls pressure while drilling and is the last line of defense to prevent any subsea leakages or surface explosions. A BOP stack consists of two types of BOPs, annular BOP and ram BOP. An annular BOP is placed at the very top of the stack and then two, three, or four ram BOPs are placed below the annular BOP. BOP stack contains the wellbore fluids either in the annular space amid casing and tubing or in an exposed hole during drilling, completion, and testing operations.
The global Subsea Blowout Preventer (BOP) market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Subsea Blowout Preventer (BOP) in various end use industries. The expanding demands from the Oil Industry and Gas Industry, are propelling Subsea Blowout Preventer (BOP) market. Annular Blowout Preventer, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Ram Blowout Preventer segment is estimated at % CAGR for the next seven-year period.
Rising subsea drilling activities and the necessity for effective oil and gas production propel the demand for blowout preventers systems. Growing demand for hydrocarbons accelerates the drilling activities, which in turn leads to the increasing demand for blowout preventers and drilling equipment. In order to optimize the extra expenditures and costs, efficient production of oil and gas is utmost important at the onshore and offshore fields. Growing number of safety regulations and attention towards the efficiency of the end-products play a vital role in the growth of the blowout preventers. The aforementioned reasons are expected to boost the demand for blowout preventers and thus in turn pushing the growth of the global blowout preventers market.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Subsea Blowout Preventer (BOP), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Subsea Blowout Preventer (BOP) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Subsea Blowout Preventer (BOP) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Subsea Blowout Preventer (BOP) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Subsea Blowout Preventer (BOP) covered in this report include GE Oil & Gas, Cameron, National Oilwell Varco, Uztel, Rongsheng Machinery, Halliburton, OJSC NaftaGaz, MSP/DRILEX and Jiangsu Xinde, etc.
The global Subsea Blowout Preventer (BOP) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Yantai Jereh Petroleum Equipment & Technologies
Global Subsea Blowout Preventer (BOP) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Subsea Blowout Preventer (BOP) market, Segment by Type:
Annular Blowout Preventer
Ram Blowout Preventer
Global Subsea Blowout Preventer (BOP) market, by Application
Oil Industry
Gas Industry
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Subsea Blowout Preventer (BOP) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Subsea Blowout Preventer (BOP) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Subsea Blowout Preventer (BOP) Market Overview
1.1 Subsea Blowout Preventer (BOP) Product Overview
1.2 Subsea Blowout Preventer (BOP) Market Segment by Type
1.2.1 Annular Blowout Preventer
1.2.2 Ram Blowout Preventer
1.3 Global Subsea Blowout Preventer (BOP) Market Size by Type
1.3.1 Global Subsea Blowout Preventer (BOP) Market Size Overview by Type (2018-2029)
1.3.2 Global Subsea Blowout Preventer (BOP) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Subsea Blowout Preventer (BOP) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Subsea Blowout Preventer (BOP) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Subsea Blowout Preventer (BOP) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Subsea Blowout Preventer (BOP) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Subsea Blowout Preventer (BOP) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Subsea Blowout Preventer (BOP) Sales Breakdown by Type (2018-2023)
2 Global Subsea Blowout Preventer (BOP) Market Competition by Company
2.1 Global Top Players by Subsea Blowout Preventer (BOP) Sales (2018-2023)
2.2 Global Top Players by Subsea Blowout Preventer (BOP) Revenue (2018-2023)
2.3 Global Top Players by Subsea Blowout Preventer (BOP) Price (2018-2023)
2.4 Global Top Manufacturers Subsea Blowout Preventer (BOP) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Subsea Blowout Preventer (BOP) Market Competitive Situation and Trends
2.5.1 Subsea Blowout Preventer (BOP) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Subsea Blowout Preventer (BOP) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Subsea Blowout Preventer (BOP) as of 2022)
2.7 Date of Key Manufacturers Enter into Subsea Blowout Preventer (BOP) Market
2.8 Key Manufacturers Subsea Blowout Preventer (BOP) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Subsea Blowout Preventer (BOP) Status and Outlook by Region
3.1 Global Subsea Blowout Preventer (BOP) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Subsea Blowout Preventer (BOP) Historic Market Size by Region
3.2.1 Global Subsea Blowout Preventer (BOP) Sales in Volume by Region (2018-2023)
3.2.2 Global Subsea Blowout Preventer (BOP) Sales in Value by Region (2018-2023)
3.2.3 Global Subsea Blowout Preventer (BOP) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Subsea Blowout Preventer (BOP) Forecasted Market Size by Region
3.3.1 Global Subsea Blowout Preventer (BOP) Sales in Volume by Region (2024-2029)
3.3.2 Global Subsea Blowout Preventer (BOP) Sales in Value by Region (2024-2029)
3.3.3 Global Subsea Blowout Preventer (BOP) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Subsea Blowout Preventer (BOP) by Application
4.1 Subsea Blowout Preventer (BOP) Market Segment by Application
4.1.1 Oil Industry
4.1.2 Gas Industry
4.2 Global Subsea Blowout Preventer (BOP) Market Size by Application
4.2.1 Global Subsea Blowout Preventer (BOP) Market Size Overview by Application (2018-2029)
4.2.2 Global Subsea Blowout Preventer (BOP) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Subsea Blowout Preventer (BOP) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Subsea Blowout Preventer (BOP) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Subsea Blowout Preventer (BOP) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Subsea Blowout Preventer (BOP) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Subsea Blowout Preventer (BOP) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Subsea Blowout Preventer (BOP) Sales Breakdown by Application (2018-2023)
5 North America Subsea Blowout Preventer (BOP) by Country
5.1 North America Subsea Blowout Preventer (BOP) Historic Market Size by Country
5.1.1 North America Subsea Blowout Preventer (BOP) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Subsea Blowout Preventer (BOP) Sales in Volume by Country (2018-2023)
5.1.3 North America Subsea Blowout Preventer (BOP) Sales in Value by Country (2018-2023)
5.2 North America Subsea Blowout Preventer (BOP) Forecasted Market Size by Country
5.2.1 North America Subsea Blowout Preventer (BOP) Sales in Volume by Country (2024-2029)
5.2.2 North America Subsea Blowout Preventer (BOP) Sales in Value by Country (2024-2029)
6 Europe Subsea Blowout Preventer (BOP) by Country
6.1 Europe Subsea Blowout Preventer (BOP) Historic Market Size by Country
6.1.1 Europe Subsea Blowout Preventer (BOP) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Subsea Blowout Preventer (BOP) Sales in Volume by Country (2018-2023)
6.1.3 Europe Subsea Blowout Preventer (BOP) Sales in Value by Country (2018-2023)
6.2 Europe Subsea Blowout Preventer (BOP) Forecasted Market Size by Country
6.2.1 Europe Subsea Blowout Preventer (BOP) Sales in Volume by Country (2024-2029)
6.2.2 Europe Subsea Blowout Preventer (BOP) Sales in Value by Country (2024-2029)
7 Asia-Pacific Subsea Blowout Preventer (BOP) by Region
7.1 Asia-Pacific Subsea Blowout Preventer (BOP) Historic Market Size by Region
7.1.1 Asia-Pacific Subsea Blowout Preventer (BOP) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Subsea Blowout Preventer (BOP) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Subsea Blowout Preventer (BOP) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Subsea Blowout Preventer (BOP) Forecasted Market Size by Region
7.2.1 Asia-Pacific Subsea Blowout Preventer (BOP) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Subsea Blowout Preventer (BOP) Sales in Value by Region (2024-2029)
8 Latin America Subsea Blowout Preventer (BOP) by Country
8.1 Latin America Subsea Blowout Preventer (BOP) Historic Market Size by Country
8.1.1 Latin America Subsea Blowout Preventer (BOP) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Subsea Blowout Preventer (BOP) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Subsea Blowout Preventer (BOP) Sales in Value by Country (2018-2023)
8.2 Latin America Subsea Blowout Preventer (BOP) Forecasted Market Size by Country
8.2.1 Latin America Subsea Blowout Preventer (BOP) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Subsea Blowout Preventer (BOP) Sales in Value by Country (2024-2029)
9 Middle East and Africa Subsea Blowout Preventer (BOP) by Country
9.1 Middle East and Africa Subsea Blowout Preventer (BOP) Historic Market Size by Country
9.1.1 Middle East and Africa Subsea Blowout Preventer (BOP) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Subsea Blowout Preventer (BOP) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Subsea Blowout Preventer (BOP) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Subsea Blowout Preventer (BOP) Forecasted Market Size by Country
9.2.1 Middle East and Africa Subsea Blowout Preventer (BOP) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Subsea Blowout Preventer (BOP) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 GE Oil & Gas
10.1.1 GE Oil & Gas Company Information
10.1.2 GE Oil & Gas Introduction and Business Overview
10.1.3 GE Oil & Gas Subsea Blowout Preventer (BOP) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 GE Oil & Gas Subsea Blowout Preventer (BOP) Products Offered
10.1.5 GE Oil & Gas Recent Development
10.2 Cameron
10.2.1 Cameron Company Information
10.2.2 Cameron Introduction and Business Overview
10.2.3 Cameron Subsea Blowout Preventer (BOP) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Cameron Subsea Blowout Preventer (BOP) Products Offered
10.2.5 Cameron Recent Development
10.3 National Oilwell Varco
10.3.1 National Oilwell Varco Company Information
10.3.2 National Oilwell Varco Introduction and Business Overview
10.3.3 National Oilwell Varco Subsea Blowout Preventer (BOP) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 National Oilwell Varco Subsea Blowout Preventer (BOP) Products Offered
10.3.5 National Oilwell Varco Recent Development
10.4 Uztel
10.4.1 Uztel Company Information
10.4.2 Uztel Introduction and Business Overview
10.4.3 Uztel Subsea Blowout Preventer (BOP) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Uztel Subsea Blowout Preventer (BOP) Products Offered
10.4.5 Uztel Recent Development
10.5 Rongsheng Machinery
10.5.1 Rongsheng Machinery Company Information
10.5.2 Rongsheng Machinery Introduction and Business Overview
10.5.3 Rongsheng Machinery Subsea Blowout Preventer (BOP) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Rongsheng Machinery Subsea Blowout Preventer (BOP) Products Offered
10.5.5 Rongsheng Machinery Recent Development
10.6 Halliburton
10.6.1 Halliburton Company Information
10.6.2 Halliburton Introduction and Business Overview
10.6.3 Halliburton Subsea Blowout Preventer (BOP) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Halliburton Subsea Blowout Preventer (BOP) Products Offered
10.6.5 Halliburton Recent Development
10.7 OJSC NaftaGaz
10.7.1 OJSC NaftaGaz Company Information
10.7.2 OJSC NaftaGaz Introduction and Business Overview
10.7.3 OJSC NaftaGaz Subsea Blowout Preventer (BOP) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 OJSC NaftaGaz Subsea Blowout Preventer (BOP) Products Offered
10.7.5 OJSC NaftaGaz Recent Development
10.8 MSP/DRILEX
10.8.1 MSP/DRILEX Company Information
10.8.2 MSP/DRILEX Introduction and Business Overview
10.8.3 MSP/DRILEX Subsea Blowout Preventer (BOP) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 MSP/DRILEX Subsea Blowout Preventer (BOP) Products Offered
10.8.5 MSP/DRILEX Recent Development
10.9 Jiangsu Xinde
10.9.1 Jiangsu Xinde Company Information
10.9.2 Jiangsu Xinde Introduction and Business Overview
10.9.3 Jiangsu Xinde Subsea Blowout Preventer (BOP) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Jiangsu Xinde Subsea Blowout Preventer (BOP) Products Offered
10.9.5 Jiangsu Xinde Recent Development
10.10 Fountain Petro
10.10.1 Fountain Petro Company Information
10.10.2 Fountain Petro Introduction and Business Overview
10.10.3 Fountain Petro Subsea Blowout Preventer (BOP) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Fountain Petro Subsea Blowout Preventer (BOP) Products Offered
10.10.5 Fountain Petro Recent Development
10.11 Control Flow
10.11.1 Control Flow Company Information
10.11.2 Control Flow Introduction and Business Overview
10.11.3 Control Flow Subsea Blowout Preventer (BOP) Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Control Flow Subsea Blowout Preventer (BOP) Products Offered
10.11.5 Control Flow Recent Development
10.12 GCOP
10.12.1 GCOP Company Information
10.12.2 GCOP Introduction and Business Overview
10.12.3 GCOP Subsea Blowout Preventer (BOP) Sales, Revenue and Gross Margin (2018-2023)
10.12.4 GCOP Subsea Blowout Preventer (BOP) Products Offered
10.12.5 GCOP Recent Development
10.13 Jiangsu Jinshi
10.13.1 Jiangsu Jinshi Company Information
10.13.2 Jiangsu Jinshi Introduction and Business Overview
10.13.3 Jiangsu Jinshi Subsea Blowout Preventer (BOP) Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Jiangsu Jinshi Subsea Blowout Preventer (BOP) Products Offered
10.13.5 Jiangsu Jinshi Recent Development
10.14 Well Control
10.14.1 Well Control Company Information
10.14.2 Well Control Introduction and Business Overview
10.14.3 Well Control Subsea Blowout Preventer (BOP) Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Well Control Subsea Blowout Preventer (BOP) Products Offered
10.14.5 Well Control Recent Development
10.15 Shenkai
10.15.1 Shenkai Company Information
10.15.2 Shenkai Introduction and Business Overview
10.15.3 Shenkai Subsea Blowout Preventer (BOP) Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Shenkai Subsea Blowout Preventer (BOP) Products Offered
10.15.5 Shenkai Recent Development
10.16 NETS
10.16.1 NETS Company Information
10.16.2 NETS Introduction and Business Overview
10.16.3 NETS Subsea Blowout Preventer (BOP) Sales, Revenue and Gross Margin (2018-2023)
10.16.4 NETS Subsea Blowout Preventer (BOP) Products Offered
10.16.5 NETS Recent Development
10.17 Yantai Jereh Petroleum Equipment & Technologies
10.17.1 Yantai Jereh Petroleum Equipment & Technologies Company Information
10.17.2 Yantai Jereh Petroleum Equipment & Technologies Introduction and Business Overview
10.17.3 Yantai Jereh Petroleum Equipment & Technologies Subsea Blowout Preventer (BOP) Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Yantai Jereh Petroleum Equipment & Technologies Subsea Blowout Preventer (BOP) Products Offered
10.17.5 Yantai Jereh Petroleum Equipment & Technologies Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Subsea Blowout Preventer (BOP) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Subsea Blowout Preventer (BOP) Industrial Chain Analysis
11.4 Subsea Blowout Preventer (BOP) Market Dynamics
11.4.1 Subsea Blowout Preventer (BOP) Industry Trends
11.4.2 Subsea Blowout Preventer (BOP) Market Drivers
11.4.3 Subsea Blowout Preventer (BOP) Market Challenges
11.4.4 Subsea Blowout Preventer (BOP) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Subsea Blowout Preventer (BOP) Distributors
12.3 Subsea Blowout Preventer (BOP) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

Why ‘The Market Reports’