Global Subsea Blowout Preventer (BOP) Market 2015-2019

  • Published: Apr 2015
  • Pages: 62
  • SKU: IRTNTR5828

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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 subsea blowout preventer industry analysis forecasts that the market will grow at a CAGR of 6.5% over the period 2014-2019.

Covered in this report
The global subsea blowout preventer 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.


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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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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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