Construction & Manufacturing

Global Subsea BOP Market 2015-2019

  • TEC222265
  • 62 Pages
  • April 2015
  • Construction & Manufacturing
About subsea BOP
BOP is a high pressure mechanical safety valve system at the top of a well head, which prevents uncontrolled fluid flow in the well bore. This device is essential in the oil and gas industry as it monitors and controls pressure while drilling and is the last line of defense to prevent any subsea leakages or surface explosions. A BOP stack consists of two types of BOPs, annular BOP and ram BOP. An annular BOP is placed at the very top of the stack and then two, three, or four ram BOPs are placed below the annular BOP. BOP stack contains the wellbore fluids either in the annular space amid casing and tubing or in an exposed hole during drilling, completion, and testing operations.
Technavio's analysts forecast the global subsea BOP market to grow at a CAGR of 6.5% over the period 2014-2019.
Covered in this report
The global subsea BOP market can be segmented into two: annular BOP and ram BOP.
Technavio's report, the Global Subsea BOP Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA; it also covers the global subsea BOP market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key regions
Americas
APAC
EMEA
Key vendors
Cameron
GE energy
National Oilwell Varco
Rongsheng Machinery Manufacture
Other prominent vendors

Proserv
Tenaris
Uztel

Market driver
Growing global oil and gas consumption
For a full, detailed list, view our report
Market challenge
Uncertainty associated with subsea production
For a full, detailed list, view our report
Market trend
Technological innovation
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the Key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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