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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Study Objectives of Blowout Preventer
- To provide detailed analysis of
the market structure along with forecast for the next 5 years of the
various segments and sub-segments of the global Blowout Preventer market
- To provide insights about factors
affecting the market growth
- To Analyze the Blowout Preventer
market based on various factors- price analysis, supply chain analysis,
Porters five force analysis.
- To provide historical and forecast
revenue of the market segments and sub-segments with respect to six main
geographies and their countries- North America, Europe, Asia-Pacific,
South America, Middle East, and Africa
- To provide country level analysis
of the market with respect to the current market size and future prospective
- To provide country level analysis
of the market for segment by Type, by Well Type, and by region as well as
its sub segments
- To provide strategic profiling of
key players in the market, comprehensively analyzing their core
competencies, and drawing a competitive landscape for the market
- To track and analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, and new product developments in the global Blowout Preventer
market
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.
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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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