Press release
Blowout Preventer Market will reach 8930 million US$ by the end of 2025- QY Research, Inc.
Blowout Preventer (BOP) is a safety device used to "prevent" the uncontrolled flow of liquids and gases during well drilling operations.
Blowout Preventer industry concentration is relatively high. The largest producer is GE Oil & Gas, accounting for 18.6% percent market share in value in 2015, followed by Cameron, National Oilwell Varco, Uztel and Rongsheng Machinery, these five Manufacturers accounting for 64% of total market revenue in 2015. The industry competitive landscape is relatively stable.
The Blowout Preventer market scale is likely to continue to increase in the next few years. Although sales of Blowout Preventer brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not enter into the Blowout Preventer field abruptly.
The global Blowout Preventer market is valued at 9170 million US$ in 2017 and will reach 8930 million US$ by the end of 2025, growing at a CAGR of -0.3% during 2018-2025.
Request Sample Copy of the Report @ https://www.qyresearch.com/sample-form/form/512606/global-blowout-preventer-market
The major manufacturers covered in this report
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
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Annular BOP
Ram BOP
By Application, the market can be split into
Onshore Wells
Offshore Wells
Request to view and Download Table of Contents@ https://www.qyresearch.com/index/toc/512606/global-blowout-preventer-market
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
QY Research, INC.
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