The report for Blowout Preventer Market of
Market Research Future comprises of extensive primary research along with the
detailed analysis of qualitative as well as quantitative aspects by various
industry experts, key opinion leaders to gain the deeper insight of the market
and industry performance. The report gives the clear picture of current market
scenario which includes historical and projected market size in terms of value
and volume, technological advancement, macro economical and governing factors
in the market.
Industry
Highlights
Increasing demand in the oil and gas
industry has resulted in an increase in exploration of unconventional sources
for Oil and Gas drilling. High demand in the oil and gas industry and rapid
increase in offshore exploration activities have significantly contributed to
the growth and development of the Blowout Preventer market. Increasing standard for safety is also
expected to push the demand in the Blowout Preventer market.
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Segments
The Blowout Preventer market has been
segmented on the basis of type as Annular BOP and RAM.
On the basis of Well type the market has
been segmented on the basis of Land and Offshore.
Regional
Analysis of Blowout Preventer Market:
Middle East is expected to dominate the
Blowout Preventer market mainly due to the increasing onshore drilling
activities in this region. Asia-Pacific is the other leading region registering
high growth in the Blowout Preventer market mainly due to the immense scope for
hydrocarbon in this region.
Key
Players
Some of the key players in the Blowout
Preventer market are Aker Solutions (Norway), Weatherford International Limited
(U.S.), FMC Technologies (U.S.), Cameron International Corporation (U.S.),
National Oil Well Verco Inc., Proserve (U.K.), Uztel Ltd. (Romania) etc.
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