Oct 9, 2020   SOURCE: BusinessWire

Global Blowout Preventer Market 2020-2024 - ResearchAndMarkets.com

The "Global Blowout Preventer Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

The blowout preventer market is poised to grow by $ 492.19 mn during 2020-2024, progressing at a CAGR of 2% during the forecast period.

The reports on blowout preventer market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising number of deep and ultra-deepwater drilling projects and environmental norms and increased safety concerns. In addition, rising number of deep and ultra-deepwater drilling projects is anticipated to boost the growth of the market as well.

This study identifies the rise in unconventional oil and gas resources as one of the prime reasons driving the blowout preventer market growth during the next few years.

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading blowout preventer market vendors that include AXON Pressure Products Inc., Control Flow Inc., General Electric Co., National Oilwell Varco Inc., Schlumberger Ltd., The Weir Group Plc, UZTEL SA, Weatherford International Plc, Worldwide Oilfield Machine, and Yantai Jereh Oilfield Services Group Co. Ltd.

Also, the blowout preventer market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Key Topics Covered:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Annular blowout preventer - Market size and forecast 2019-2024
  • Ram blowout preventer - Market size and forecast 2019-2024
  • Market opportunity by Type

Market Segmentation by Location

  • Market segments
  • Comparison by Location
  • Onshore - Market size and forecast 2019-2024
  • Offshore - Market size and forecast 2019-2024
  • Market opportunity by Location

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption
  • Industry risks

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • AXON Pressure Products Inc.
  • Control Flow Inc.
  • General Electric Co.
  • National Oilwell Varco Inc.
  • Schlumberger Ltd.
  • The Weir Group Plc
  • UZTEL SA
  • Weatherford International Plc
  • Worldwide Oilfield Machine
  • Yantai Jereh Oilfield Services Group Co. Ltd.

Appendix

For more information about this report visit https://www.researchandmarkets.com/r/n4i9r0