Blowout Preventer Global Market Report 2025

Name: Blowout Preventer Global Market Report 2025
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Blowout Preventer Market Size and growth rate 2025 to 2029: Graph

Blowout Preventer Global Market Report 2025 - By Type (Annular Blowout Preventers, Ram Blowout Preventers, Hybrid Blowout Preventers), By Control Mechanism (Hydraulic Control, Manual Control, Electronic Control), By Application (Offshore Drilling, Onshore Drilling, Well Testing), By End Use (Oil And Gas Industry, Geothermal Industry, Mining Industry) - Market Size, Trends, And Global Forecast 2025-2034

Blowout Preventer Global Market Report 2025

Report Price : $4490.00 | Pages : 200 | Published : June 2025 | Delivery Time: 2-3 business days Info | Format : pdf

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Blowout Preventer Global Market Report 2025

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What Is Covered Under Blowout Preventer Market?

A blowout preventer refers to a critical safety device used in oil and gas drilling operations to control and seal a well in case of unexpected pressure surges. It prevents the uncontrolled release of crude oil, natural gas, and drilling fluids from the wellbore, reducing the risk of blowouts. Installed at the wellhead, it is essential for protecting workers, equipment, and the environment during drilling and well maintenance activities.

The main types of blowout preventers are annular blowout preventers, ram blowout preventers, and hybrid blowout preventers. Annular blowout preventers are safety devices used in oil and gas drilling to seal the wellbore around various equipment or even open holes by compressing a rubber element to prevent blowouts. The various control mechanisms include hydraulic control, manual control, and electronic control, and several applications, including Offshore Drilling, onshore drilling, and well testing. The different end uses encompass the oil and gas industry, geothermal industry, and mining industry.

What Is The Blowout Preventer Market Size 2025 And Growth Rate?

The blowout preventer market size has grown strongly in recent years. It will grow from $33.98 billion in 2024 to $35.73 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to offshore drilling expansion, increased shale gas exploration, stricter safety regulations post-macondo incident, rising global energy demand, and growing investments in deepwater oilfields.

What Is The Blowout Preventer Market Growth Forecast?

The blowout preventer market size is expected to see steady growth in the next few years. It will grow to $43.07 billion in 2029 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to increasing deepwater and ultra-deepwater projects, advancements in well control technology, rising demand for remote-operated BOP systems, a focus on environmental risk mitigation, and a global push for oil production efficiency. Major trends in the forecast period include integration of digital monitoring in BOP systems, adoption of smart preventive maintenance, rising use of hybrid BOP designs, growing demand for subsea BOP systems, and use of AI for predictive failure analysis.

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How Is The Blowout Preventer Market Segmented?

The blowout preventer market covered in this report is segmented –

1) By Type: Annular Blowout Preventers, Ram Blowout Preventers, Hybrid Blowout Preventers

2) By Control Mechanism: Hydraulic Control, Manual Control, Electronic Control

3) By Application: Offshore Drilling, Onshore Drilling, Well Testing

4) By End Use: Oil And Gas Industry, Geothermal Industry, Mining Industry

Subsegments:

1) By Annular Blowout Preventers: Spherical-Shaped Annular Preventers, Surface-Mounted Annular Preventers, Subsea Annular Preventers

2) By Ram Blowout Preventers: Pipe Ram Preventers, Blind Shear Ram Preventers, Variable Bore Ram Preventers

3) By Hybrid Blowout Preventers: Integrated Annular And Ram Preventers, Digitally Controlled Hybrid Preventers, Modular Hybrid Preventers

What Is Driving The Blowout Preventer Market? Increasing Demand For Offshore And Deepwater Exploration Activities Is Fueling The Growth Of The Market Due To The Need For Enhanced Well Control And Safety In High-Pressure Environments

The increasing demand for offshore and deepwater exploration activities is expected to propel the growth of the blowout preventers market going forward. Offshore and deepwater exploration activities refer to the processes involved in searching for and evaluating underwater oil and natural gas reserves beneath the seabed. Offshore and deepwater exploration activities are rising due to increasing global energy demand, which is pushing companies to tap into harder-to-reach reserves beneath the ocean floor. Blowout preventers enhance offshore and deepwater exploration activities by providing critical pressure control and emergency shutoff capabilities, ensuring safety during high-risk drilling operations in deep and unstable subsea environments. For instance, in March 2025, according to the Global Energy Monitor, a US-based non-governmental organization, in 2024, 19 offshore projects commenced production, representing 71% (approximately 6.5 billion barrels of oil equivalent) of the reserves that started up during the year. Therefore, the increasing demand for offshore and deepwater exploration activities is driving the growth of the blowout preventers market.

Who Are The Major Players In The Global Blowout Preventer Market?

Major companies operating in the blowout preventer market are Schlumberger Ltd., Rongsheng Machinery, Baker Hughes Company, Halliburton Company, Parker Hannifin Corporation, Tenaris S.A., NOV Inc., TechnipFMC plc, FMC Technologies Inc., Weatherford International plc, Axon Enterprise Inc., Aker Solutions, Dril-Quip Inc., Parveen Industries Pvt. Ltd., Control Flow Inc., Shanghai SK Petrlm & Chemcl Eqp Corp Ltd, Fountain Petro LLC, Uztel S.A., Greenes Energy Group LLC, MSP/DRILEX (Shanghai) Co. Ltd.

What Are The Key Trends Of The Global Blowout Preventer Market? Innovative Hydraulic Automatic Locking Blowout Preventers Drive Safety And Efficiency In Oil And Gas Drilling

Major companies operating in the blowout preventers market are focusing on developing innovative products, such as hydraulic automatic locking structures, to enhance operational safety, reduce maintenance time, and improve the reliability of pressure control during high-risk drilling activities. Hydraulic automatic locking structures are mechanical systems that use hydraulic pressure to engage and secure critical components automatically, without manual intervention. For instance, in August 2024, INTLEF Oil and Gas Group Co. Ltd., a China-based equipment manufacturing company for the oil and gas industry, launched the QL-type new-generation blowout preventer with a boltless bonnet composite structure, enabling rapid opening and closing without the need for bolts, significantly reducing maintenance time. The hydraulic locking system ensures secure sealing under high-pressure conditions while also allowing remote activation for improved operator safety. This innovation also offers enhanced structural integrity and leak resistance, making it ideal for high-demand drilling environments.

What Are Latest Mergers And Acquisitions In The Blowout Preventer Market? Meyer Oilfield Services Inc. Acquired Fabritech To Enhance Well Control Solutions With Advanced BOP Manufacturing Capabilities

In December 2023, Meyer Oilfield Services Inc., a US-based equipment manufacturing company for the oil and gas industry, acquired Fabritech Manufacture and Solutions Inc. for an undisclosed amount. Through this acquisition, Meyer aims to enhance its portfolio of well control solutions by integrating Fabritech Manufacture and Solutions Inc.’s advanced manufacturing capabilities, particularly in the fabrication of American Petroleum Institute standard (API) 16A-compliant annular and ram blowout preventers (BOP). Fabritech Manufacture and Solutions Inc. is a US-based company specializing in blowout preventer (BOP) solutions, including manufacturing, monogramming, remanufacturing, and custom work within the oil and gas industry.

What Is The Regional Outlook For The Global Blowout Preventer Market?

North America was the largest region in the blowout preventer market in 2024, and it is expected to be the fastest-growing region in the forecast period. The regions covered in the blowout preventer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the blowout preventer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Blowout Preventer Market?

The blowout preventer market consists of sales of high-pressure annular preventers, low-profile annular preventers, and dual-seal annular preventers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Blowout Preventer Industry?

The blowout preventer market research report is one of a series of new reports from The Business Research Company that provides blowout preventer market statistics, including blowout preventer industry global market size, regional shares, competitors with a blowout preventer market share, detailed blowout preventer market segments, market trends and opportunities, and any further data you may need to thrive in the blowout preventer industry. This blowout preventer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Blowout Preventer Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$35.73 billion
Revenue Forecast In 2034	$43.07 billion
Growth Rate	CAGR of 4.8% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	The blowout preventer market covered in this report is segmented – 1) By Type: Annular Blowout Preventers, Ram Blowout Preventers, Hybrid Blowout Preventers 2) By Control Mechanism: Hydraulic Control, Manual Control, Electronic Control 3) By Application: Offshore Drilling, Onshore Drilling, Well Testing 4) By End Use: Oil And Gas Industry, Geothermal Industry, Mining Industry Subsegments: 1) By Annular Blowout Preventers: Spherical-Shaped Annular Preventers, Surface-Mounted Annular Preventers, Subsea Annular Preventers 2) By Ram Blowout Preventers: Pipe Ram Preventers, Blind Shear Ram Preventers, Variable Bore Ram Preventers 3) By Hybrid Blowout Preventers: Integrated Annular And Ram Preventers, Digitally Controlled Hybrid Preventers, Modular Hybrid Preventers
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Schlumberger Ltd., Rongsheng Machinery, Baker Hughes Company, Halliburton Company, Parker Hannifin Corporation, Tenaris S.A., NOV Inc., TechnipFMC plc, FMC Technologies Inc., Weatherford International plc, Axon Enterprise Inc., Aker Solutions, Dril-Quip Inc., Parveen Industries Pvt. Ltd., Control Flow Inc., Shanghai SK Petrlm & Chemcl Eqp Corp Ltd, Fountain Petro LLC, Uztel S.A., Greenes Energy Group LLC, MSP/DRILEX (Shanghai) Co. Ltd.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Blowout Preventer Market Characteristics

3. Blowout Preventer Market Trends And Strategies

4. Blowout Preventer Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

5. Global Blowout Preventer Growth Analysis And Strategic Analysis Framework

5.1. Global Blowout Preventer PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Blowout Preventer Market Growth Rate Analysis

5.4. Global Blowout Preventer Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Blowout Preventer Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Blowout Preventer Total Addressable Market (TAM)

6. Blowout Preventer Market Segmentation

6.1. Global Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Annular Blowout Preventers

Ram Blowout Preventers

Hybrid Blowout Preventers

6.2. Global Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Hydraulic Control

Manual Control

Electronic Control

6.3. Global Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Offshore Drilling

Onshore Drilling

Well Testing

6.4. Global Blowout Preventer Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Oil And Gas Industry

Geothermal Industry

Mining Industry

6.5. Global Blowout Preventer Market, Sub-Segmentation Of Annular Blowout Preventers, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Spherical-Shaped Annular Preventers

Surface-Mounted Annular Preventers

Subsea Annular Preventers

6.6. Global Blowout Preventer Market, Sub-Segmentation Of Ram Blowout Preventers, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Pipe Ram Preventers

Blind Shear Ram Preventers

Variable Bore Ram Preventers

6.7. Global Blowout Preventer Market, Sub-Segmentation Of Hybrid Blowout Preventers, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Integrated Annular And Ram Preventers

Digitally Controlled Hybrid Preventers

Modular Hybrid Preventers

7. Blowout Preventer Market Regional And Country Analysis

7.1. Global Blowout Preventer Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Blowout Preventer Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Blowout Preventer Market

8.1. Asia-Pacific Blowout Preventer Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Blowout Preventer Market

9.1. China Blowout Preventer Market Overview

9.2. China Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Blowout Preventer Market

10.1. India Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Blowout Preventer Market

11.1. Japan Blowout Preventer Market Overview

11.2. Japan Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Blowout Preventer Market

12.1. Australia Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Blowout Preventer Market

13.1. Indonesia Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Blowout Preventer Market

14.1. South Korea Blowout Preventer Market Overview

14.2. South Korea Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Blowout Preventer Market

15.1. Western Europe Blowout Preventer Market Overview

15.2. Western Europe Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Blowout Preventer Market

16.1. UK Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Blowout Preventer Market

17.1. Germany Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Blowout Preventer Market

18.1. France Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Blowout Preventer Market

19.1. Italy Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Blowout Preventer Market

20.1. Spain Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Blowout Preventer Market

21.1. Eastern Europe Blowout Preventer Market Overview

21.2. Eastern Europe Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Blowout Preventer Market

22.1. Russia Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Blowout Preventer Market

23.1. North America Blowout Preventer Market Overview

23.2. North America Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Blowout Preventer Market

24.1. USA Blowout Preventer Market Overview

24.2. USA Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Blowout Preventer Market

25.1. Canada Blowout Preventer Market Overview

25.2. Canada Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Blowout Preventer Market

26.1. South America Blowout Preventer Market Overview

26.2. South America Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Blowout Preventer Market

27.1. Brazil Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Blowout Preventer Market

28.1. Middle East Blowout Preventer Market Overview

28.2. Middle East Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Blowout Preventer Market

29.1. Africa Blowout Preventer Market Overview

29.2. Africa Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Blowout Preventer Market Competitive Landscape And Company Profiles

30.1. Blowout Preventer Market Competitive Landscape

30.2. Blowout Preventer Market Company Profiles

30.2.1. Schlumberger Ltd. Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Rongsheng Machinery Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Baker Hughes Company Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Halliburton Company Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Parker Hannifin Corporation Overview, Products and Services, Strategy and Financial Analysis

31. Blowout Preventer Market Other Major And Innovative Companies

31.1. Tenaris S.A.

31.2. NOV Inc.

31.3. TechnipFMC plc

31.4. FMC Technologies Inc.

31.5. Weatherford International plc

31.6. Axon Enterprise Inc.

31.7. Aker Solutions

31.8. Dril-Quip Inc.

31.9. Parveen Industries Pvt. Ltd.

31.10. Control Flow Inc.

31.11. Shanghai SK Petrlm & Chemcl Eqp Corp Ltd

31.12. Fountain Petro LLC

31.13. Uztel S.A.

31.14. Greenes Energy Group LLC

31.15. MSP/DRILEX (Shanghai) Co. Ltd.

32. Global Blowout Preventer Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Blowout Preventer Market

34. Recent Developments In The Blowout Preventer Market

35. Blowout Preventer Market High Potential Countries, Segments and Strategies

35.1 Blowout Preventer Market In 2029 - Countries Offering Most New Opportunities

35.2 Blowout Preventer Market In 2029 - Segments Offering Most New Opportunities

35.3 Blowout Preventer Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Blowout Preventer Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Blowout Preventer Market, Sub-Segmentation Of Annular Blowout Preventers, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Blowout Preventer Market, Sub-Segmentation Of Ram Blowout Preventers, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Blowout Preventer Market, Sub-Segmentation Of Hybrid Blowout Preventers, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Blowout Preventer Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Blowout Preventer Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Asia-Pacific, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Asia-Pacific, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: China, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: China, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: India, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: India, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: Japan, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Japan, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Australia, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Australia, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Indonesia, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Indonesia, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: South Korea, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: South Korea, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: Western Europe, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: Western Europe, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: UK, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: UK, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: Germany, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: Germany, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: France, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: France, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: Italy, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Italy, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Spain, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Spain, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Eastern Europe, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Eastern Europe, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Russia, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Russia, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: North America, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: North America, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: USA, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: USA, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: Canada, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: Canada, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: South America, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: South America, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: Brazil, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Brazil, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Middle East, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Middle East, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Africa, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Africa, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Schlumberger Ltd. Financial Performance

Table 79: Rongsheng Machinery Financial Performance

Table 80: Baker Hughes Company Financial Performance

Table 81: Halliburton Company Financial Performance

Table 82: Parker Hannifin Corporation Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Blowout Preventer Market, Segmentation By End Use, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Blowout Preventer Market, Sub-Segmentation Of Annular Blowout Preventers, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Blowout Preventer Market, Sub-Segmentation Of Ram Blowout Preventers, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Blowout Preventer Market, Sub-Segmentation Of Hybrid Blowout Preventers, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Blowout Preventer Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Blowout Preventer Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Asia-Pacific, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Asia-Pacific, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: China, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: China, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: India, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: India, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: Japan, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Japan, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Australia, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Australia, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Indonesia, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Indonesia, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: South Korea, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: South Korea, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: Western Europe, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: Western Europe, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: UK, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: UK, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: Germany, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: Germany, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: France, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: France, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: Italy, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Italy, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Spain, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Spain, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Eastern Europe, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Eastern Europe, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Russia, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Russia, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: North America, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: North America, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: USA, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: USA, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: Canada, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: Canada, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: South America, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: South America, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: Brazil, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Brazil, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Middle East, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Middle East, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Africa, Blowout Preventer Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Africa, Blowout Preventer Market, Segmentation By Control Mechanism, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Blowout Preventer Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Schlumberger Ltd. Financial Performance

Figure 79: Rongsheng Machinery Financial Performance

Figure 80: Baker Hughes Company Financial Performance

Figure 81: Halliburton Company Financial Performance

Figure 82: Parker Hannifin Corporation Financial Performance

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Frequently Asked Questions

What is the definition of the Blowout Preventer market?

How will the Blowout Preventer market drivers and restraints affect the market dynamics? What forces will shape the Blowout Preventer industry going forward?

The Blowout Preventer market major growth driver - Increasing Demand For Offshore And Deepwater Exploration Activities Is Fueling The Growth Of The Market Due To The Need For Enhanced Well Control And Safety In High-Pressure Environments. For further insights on the Blowout Preventer market, request a sample here

What is the forecast market size or the forecast market value of the Blowout Preventer market?

The Blowout Preventer market size has grown strongly in recent years. The blowout preventer market size has grown strongly in recent years. It will grow from $33.98 billion in 2024 to $35.73 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to offshore drilling expansion, increased shale gas exploration, stricter safety regulations post-macondo incident, rising global energy demand, and growing investments in deepwater oilfields. The blowout preventer market size is expected to see steady growth in the next few years. It will grow to $43.07 billion in 2029 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to increasing deepwater and ultra-deepwater projects, advancements in well control technology, rising demand for remote-operated BOP systems, a focus on environmental risk mitigation, and a global push for oil production efficiency. Major trends in the forecast period include integration of digital monitoring in BOP systems, adoption of smart preventive maintenance, rising use of hybrid BOP designs, growing demand for subsea BOP systems, and use of AI for predictive failure analysis. For further insights on the Blowout Preventer market, request a sample here

How is the Blowout Preventer market segmented?

The blowout preventer market covered in this report is segmented –
1) By Type: Annular Blowout Preventers, Ram Blowout Preventers, Hybrid Blowout Preventers
2) By Control Mechanism: Hydraulic Control, Manual Control, Electronic Control
3) By Application: Offshore Drilling, Onshore Drilling, Well Testing
4) By End Use: Oil And Gas Industry, Geothermal Industry, Mining Industry

Subsegments:
1) By Annular Blowout Preventers: Spherical-Shaped Annular Preventers, Surface-Mounted Annular Preventers, Subsea Annular Preventers
2) By Ram Blowout Preventers: Pipe Ram Preventers, Blind Shear Ram Preventers, Variable Bore Ram Preventers
3) By Hybrid Blowout Preventers: Integrated Annular And Ram Preventers, Digitally Controlled Hybrid Preventers, Modular Hybrid Preventers For further insights on the Blowout Preventer market, request a sample here

Which region has the largest share of the Blowout Preventer market? What are the other regions covered in the report?

Who are the major players in the Blowout Preventer market?

What are the key trends in the Blowout Preventer market?

Major trends in the Blowout Preventer market include Innovative Hydraulic Automatic Locking Blowout Preventers Drive Safety And Efficiency In Oil And Gas Drilling. For further insights on the Blowout Preventer market, request a sample here.

What are the major opportunities in the Blowout Preventer market? What are the strategies for the Blowout Preventer market?

For detailed insights on the major opportunities and strategies in the Blowout Preventer market, request a sample here.

How does the Blowout Preventer market relate to the overall economy and other similar markets?

For detailed insights on Blowout Preventer's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the Blowout Preventer industry?

For detailed insights on the mergers and acquisitions in the Blowout Preventer industry, request a sample here.

What are the key dynamics influencing the Blowout Preventer market growth? SWOT analysis of the Blowout Preventer market.

For detailed insights on the key dynamics influencing the Blowout Preventer market growth and SWOT analysis of the Blowout Preventer industry, request a sample here.

Blowout Preventer Global Market Report 2025

Blowout Preventer Global Market Report 2025

Market Insights

Related Reports

What Is Covered Under Blowout Preventer Market?

What Is The Blowout Preventer Market Size 2025 And Growth Rate?

What Is The Blowout Preventer Market Growth Forecast?

How Is The Blowout Preventer Market Segmented?

What Is Driving The Blowout Preventer Market? Increasing Demand For Offshore And Deepwater Exploration Activities Is Fueling The Growth Of The Market Due To The Need For Enhanced Well Control And Safety In High-Pressure Environments

Who Are The Major Players In The Global Blowout Preventer Market?

What Are The Key Trends Of The Global Blowout Preventer Market? Innovative Hydraulic Automatic Locking Blowout Preventers Drive Safety And Efficiency In Oil And Gas Drilling

What Are Latest Mergers And Acquisitions In The Blowout Preventer Market? Meyer Oilfield Services Inc. Acquired Fabritech To Enhance Well Control Solutions With Advanced BOP Manufacturing Capabilities

What Is The Regional Outlook For The Global Blowout Preventer Market?

What Defines the Blowout Preventer Market?

How is Market Value Defined and Measured?

What is the Market Assessment and Strategic Outlook for the Blowout Preventer Industry?

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