Global Blowout Preventer Market by Size, by Type, by Application, by Region, History and Forecast 2020-2031

Summary

Blowout Preventer (BOP) is a safety device used to prevent the uncontrolled flow of liquids and gases during well drilling operations.

Blowout preventers are large, high-pressure valves that are capable of being remotely controlled. When the driller closes the valve, a pressure-tight seal is formed at the top of the well, preventing the fluids from escaping. There are two major types of Blowout Preventers, Annular BOP and Ram BOP. Annular BOPs are usually mounted to the very top of the BOP stack. The drilling crew then mounts two, three, or four RAM BOPs below the Annular preventer. If a kick is detected, the annular is usually closed first and then the RAM is used as a backup if the Annular should fail.

Blowout preventers are used on land wells, offshore rigs, and subsea wells. Land and subsea BOPs are secured to the top of the wellbore, known as the wellhead. BOPs on offshore rigs are mounted below the rig deck. Subsea BOPs are connected to the offshore rig above by a drilling riser that provides a continuous pathway for the drill string and fluids emanating from the wellbore.

According to APO Research, The global Blowout Preventer market is projected to grow from US$ million in 2025 to US$ million by 2031, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Blowout Preventer is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Asia-Pacific market for Blowout Preventer is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The China market for Blowout Preventer is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

Europe market for Blowout Preventer is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.

The major global manufacturers of Blowout Preventer include GE Oil & Gas, Cameron, National Oilwell Varco, Uztel, Rongsheng Machinery, Halliburton, OJSC NaftaGaz, MSP/DRILEX and Jiangsu Xinde, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Blowout Preventer production, growth rate, market share by manufacturers and by region (region level and country level), from 2020 to 2025, and forecast to 2031.

In terms of consumption side, this report focuses on the sales of Blowout Preventer by region (region level and country level), by company, by type and by application. from 2020 to 2025 and forecast to 2031.

This report presents an overview of global market for Blowout Preventer, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2020 - 2024, estimates for 2025, and projections of CAGR through 2031.

This report researches the key producers of Blowout Preventer, also provides the consumption of main regions and countries. Of the upcoming market potential for Blowout Preventer, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Blowout Preventer sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Blowout Preventer market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by type and by application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for Blowout Preventer sales, projected growth trends, production technology, application and end-user industry.


Blowout Preventer Segment by Company

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

Blowout Preventer Segment by Type

Annular BOP
Ram BOP

Blowout Preventer Segment by Application

Onshore Wells
Offshore Wells

Blowout Preventer Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Blowout Preventer market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Blowout Preventer and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Blowout Preventer.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Blowout Preventer market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2020-2031).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Blowout Preventer industry.
Chapter 3: Detailed analysis of Blowout Preventer market competition landscape. Including Blowout Preventer manufacturers' output value, output and average price from 2020 to 2025, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Blowout Preventer by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Blowout Preventer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.

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1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Blowout Preventer Production Value Estimates and Forecasts (2020-2031)
1.2.2 Global Blowout Preventer Production Capacity Estimates and Forecasts (2020-2031)
1.2.3 Global Blowout Preventer Production Estimates and Forecasts (2020-2031)
1.2.4 Global Blowout Preventer Market Average Price (2020-2031)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives
2 Global Blowout Preventer Market Dynamics
2.1 Blowout Preventer Industry Trends
2.2 Blowout Preventer Industry Drivers
2.3 Blowout Preventer Industry Opportunities and Challenges
2.4 Blowout Preventer Industry Restraints
3 Blowout Preventer Market by Manufacturers
3.1 Global Blowout Preventer Production Value by Manufacturers (2020-2025)
3.2 Global Blowout Preventer Production by Manufacturers (2020-2025)
3.3 Global Blowout Preventer Average Price by Manufacturers (2020-2025)
3.4 Global Blowout Preventer Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
3.5 Global Blowout Preventer Key Manufacturers Manufacturing Sites & Headquarters
3.6 Global Blowout Preventer Manufacturers, Product Type & Application
3.7 Global Blowout Preventer Manufacturers Established Date
3.8 Market Competitive Analysis
3.8.1 Global Blowout Preventer Market CR5 and HHI
3.8.2 Global Top 5 and 10 Blowout Preventer Players Market Share by Production Value in 2024
3.8.3 2024 Blowout Preventer Tier 1, Tier 2, and Tier 3
4 Blowout Preventer Market by Type
4.1 Blowout Preventer Type Introduction
4.1.1 Annular BOP
4.1.2 Ram BOP
4.2 Global Blowout Preventer Production by Type
4.2.1 Global Blowout Preventer Production by Type (2020 VS 2024 VS 2031)
4.2.2 Global Blowout Preventer Production by Type (2020-2031)
4.2.3 Global Blowout Preventer Production Market Share by Type (2020-2031)
4.3 Global Blowout Preventer Production Value by Type
4.3.1 Global Blowout Preventer Production Value by Type (2020 VS 2024 VS 2031)
4.3.2 Global Blowout Preventer Production Value by Type (2020-2031)
4.3.3 Global Blowout Preventer Production Value Market Share by Type (2020-2031)
5 Blowout Preventer Market by Application
5.1 Blowout Preventer Application Introduction
5.1.1 Onshore Wells
5.1.2 Offshore Wells
5.2 Global Blowout Preventer Production by Application
5.2.1 Global Blowout Preventer Production by Application (2020 VS 2024 VS 2031)
5.2.2 Global Blowout Preventer Production by Application (2020-2031)
5.2.3 Global Blowout Preventer Production Market Share by Application (2020-2031)
5.3 Global Blowout Preventer Production Value by Application
5.3.1 Global Blowout Preventer Production Value by Application (2020 VS 2024 VS 2031)
5.3.2 Global Blowout Preventer Production Value by Application (2020-2031)
5.3.3 Global Blowout Preventer Production Value Market Share by Application (2020-2031)
6 Company Profiles
6.1 GE Oil & Gas
6.1.1 GE Oil & Gas Comapny Information
6.1.2 GE Oil & Gas Business Overview
6.1.3 GE Oil & Gas Blowout Preventer Production, Value and Gross Margin (2020-2025)
6.1.4 GE Oil & Gas Blowout Preventer Product Portfolio
6.1.5 GE Oil & Gas Recent Developments
6.2 Cameron
6.2.1 Cameron Comapny Information
6.2.2 Cameron Business Overview
6.2.3 Cameron Blowout Preventer Production, Value and Gross Margin (2020-2025)
6.2.4 Cameron Blowout Preventer Product Portfolio
6.2.5 Cameron Recent Developments
6.3 National Oilwell Varco
6.3.1 National Oilwell Varco Comapny Information
6.3.2 National Oilwell Varco Business Overview
6.3.3 National Oilwell Varco Blowout Preventer Production, Value and Gross Margin (2020-2025)
6.3.4 National Oilwell Varco Blowout Preventer Product Portfolio
6.3.5 National Oilwell Varco Recent Developments
6.4 Uztel
6.4.1 Uztel Comapny Information
6.4.2 Uztel Business Overview
6.4.3 Uztel Blowout Preventer Production, Value and Gross Margin (2020-2025)
6.4.4 Uztel Blowout Preventer Product Portfolio
6.4.5 Uztel Recent Developments
6.5 Rongsheng Machinery
6.5.1 Rongsheng Machinery Comapny Information
6.5.2 Rongsheng Machinery Business Overview
6.5.3 Rongsheng Machinery Blowout Preventer Production, Value and Gross Margin (2020-2025)
6.5.4 Rongsheng Machinery Blowout Preventer Product Portfolio
6.5.5 Rongsheng Machinery Recent Developments
6.6 Halliburton
6.6.1 Halliburton Comapny Information
6.6.2 Halliburton Business Overview
6.6.3 Halliburton Blowout Preventer Production, Value and Gross Margin (2020-2025)
6.6.4 Halliburton Blowout Preventer Product Portfolio
6.6.5 Halliburton Recent Developments
6.7 OJSC NaftaGaz
6.7.1 OJSC NaftaGaz Comapny Information
6.7.2 OJSC NaftaGaz Business Overview
6.7.3 OJSC NaftaGaz Blowout Preventer Production, Value and Gross Margin (2020-2025)
6.7.4 OJSC NaftaGaz Blowout Preventer Product Portfolio
6.7.5 OJSC NaftaGaz Recent Developments
6.8 MSP/DRILEX
6.8.1 MSP/DRILEX Comapny Information
6.8.2 MSP/DRILEX Business Overview
6.8.3 MSP/DRILEX Blowout Preventer Production, Value and Gross Margin (2020-2025)
6.8.4 MSP/DRILEX Blowout Preventer Product Portfolio
6.8.5 MSP/DRILEX Recent Developments
6.9 Jiangsu Xinde
6.9.1 Jiangsu Xinde Comapny Information
6.9.2 Jiangsu Xinde Business Overview
6.9.3 Jiangsu Xinde Blowout Preventer Production, Value and Gross Margin (2020-2025)
6.9.4 Jiangsu Xinde Blowout Preventer Product Portfolio
6.9.5 Jiangsu Xinde Recent Developments
6.10 Fountain Petro
6.10.1 Fountain Petro Comapny Information
6.10.2 Fountain Petro Business Overview
6.10.3 Fountain Petro Blowout Preventer Production, Value and Gross Margin (2020-2025)
6.10.4 Fountain Petro Blowout Preventer Product Portfolio
6.10.5 Fountain Petro Recent Developments
6.11 Control Flow
6.11.1 Control Flow Comapny Information
6.11.2 Control Flow Business Overview
6.11.3 Control Flow Blowout Preventer Production, Value and Gross Margin (2020-2025)
6.11.4 Control Flow Blowout Preventer Product Portfolio
6.11.5 Control Flow Recent Developments
6.12 GCOP
6.12.1 GCOP Comapny Information
6.12.2 GCOP Business Overview
6.12.3 GCOP Blowout Preventer Production, Value and Gross Margin (2020-2025)
6.12.4 GCOP Blowout Preventer Product Portfolio
6.12.5 GCOP Recent Developments
6.13 Jiangsu Jinshi
6.13.1 Jiangsu Jinshi Comapny Information
6.13.2 Jiangsu Jinshi Business Overview
6.13.3 Jiangsu Jinshi Blowout Preventer Production, Value and Gross Margin (2020-2025)
6.13.4 Jiangsu Jinshi Blowout Preventer Product Portfolio
6.13.5 Jiangsu Jinshi Recent Developments
6.14 Well Control
6.14.1 Well Control Comapny Information
6.14.2 Well Control Business Overview
6.14.3 Well Control Blowout Preventer Production, Value and Gross Margin (2020-2025)
6.14.4 Well Control Blowout Preventer Product Portfolio
6.14.5 Well Control Recent Developments
6.15 Shenkai
6.15.1 Shenkai Comapny Information
6.15.2 Shenkai Business Overview
6.15.3 Shenkai Blowout Preventer Production, Value and Gross Margin (2020-2025)
6.15.4 Shenkai Blowout Preventer Product Portfolio
6.15.5 Shenkai Recent Developments
6.16 NETS
6.16.1 NETS Comapny Information
6.16.2 NETS Business Overview
6.16.3 NETS Blowout Preventer Production, Value and Gross Margin (2020-2025)
6.16.4 NETS Blowout Preventer Product Portfolio
6.16.5 NETS Recent Developments
7 Global Blowout Preventer Production by Region
7.1 Global Blowout Preventer Production by Region: 2020 VS 2024 VS 2031
7.2 Global Blowout Preventer Production by Region (2020-2031)
7.2.1 Global Blowout Preventer Production by Region: 2020-2025
7.2.2 Global Blowout Preventer Production Forecast by Region: 2026-2031
7.3 Global Blowout Preventer Production by Region: 2020 VS 2024 VS 2031
7.4 Global Blowout Preventer Production Value by Region (2020-2031)
7.4.1 Global Blowout Preventer Production Value by Region: 2020-2025
7.4.2 Global Blowout Preventer Production Value by Region (2026-2031)
7.5 Global Blowout Preventer Market Price Analysis by Region (2020-2031)
7.6 Regional Production Value Trends (2020-2031)
7.6.1 North America Blowout Preventer Production Value (2020-2031)
7.6.2 Europe Blowout Preventer Production Value (2020-2031)
7.6.3 Asia-Pacific Blowout Preventer Production Value (2020-2031)
7.6.4 South America Blowout Preventer Production Value (2020-2031)
7.6.5 Middle East & Africa Blowout Preventer Production Value (2020-2031)
8 Global Blowout Preventer Consumption by Region
8.1 Global Blowout Preventer Consumption by Region: 2020 VS 2024 VS 2031
8.2 Global Blowout Preventer Consumption by Region (2020-2031)
8.2.1 Global Blowout Preventer Consumption by Region (2020-2025)
8.2.2 Global Blowout Preventer Consumption by Region (2026-2031)
8.3 North America
8.3.1 North America Blowout Preventer Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.3.2 North America Blowout Preventer Consumption by Country (2020-2031)
8.3.3 U.S.
8.3.4 Canada
8.3.5 Mexico
8.4 Europe
8.4.1 Europe Blowout Preventer Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.4.2 Europe Blowout Preventer Consumption by Country (2020-2031)
8.4.3 Germany
8.4.4 France
8.4.5 U.K.
8.4.6 Italy
8.4.7 Netherlands
8.5 Asia Pacific
8.5.1 Asia Pacific Blowout Preventer Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.5.2 Asia Pacific Blowout Preventer Consumption by Country (2020-2031)
8.5.3 China
8.5.4 Japan
8.5.5 South Korea
8.5.6 Southeast Asia
8.5.7 India
8.5.8 Australia
8.6 South America
8.6.1 South America Blowout Preventer Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.6.2 South America Blowout Preventer Consumption by Country (2020-2031)
8.6.3 Brazil
8.6.4 Argentina
8.6.5 Chile
8.6.6 Colombia
8.7 Middle East & Africa
8.7.1 Middle East & Africa Blowout Preventer Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
8.7.2 Middle East & Africa Blowout Preventer Consumption by Country (2020-2031)
8.7.3 Egypt
8.7.4 South Africa
8.7.5 Israel
8.7.6 Türkiye
8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
9.1 Blowout Preventer Value Chain Analysis
9.1.1 Blowout Preventer Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Manufacturing Cost Structure
9.1.4 Blowout Preventer Production Mode & Process
9.2 Blowout Preventer Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Blowout Preventer Distributors
9.2.3 Blowout Preventer Customers
10 Concluding Insights
11 Appendix
11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
11.5.1 Secondary Sources
11.5.2 Primary Sources
11.6 Disclaimer

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