Global Subsea Well Access and Blowout Preventer System Market 2022-2026

Global Subsea Well Access And Blowout Preventer System Market 2022-2026

Technavio has been monitoring the subsea well access and blowout preventer system market and it is poised to grow by $ 3.69 bn during 2022-2026, accelerating at a CAGR of 6.65% during the forecast period. Our report on the subsea well access and blowout preventer system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by a Rise in deepwater and ultra-deepwater E&P activities, Growing demand for oil and natural gas, and Safety and environmental concerns associated with subsea E&P activities.

The subsea well access and blowout preventer system market analysis includes Product and Geography.

Technavio's subsea well access and blowout preventer system market is segmented as below:

By Product

  • Subsea BOP
  • Subsea WAS
By Geographical Landscape
  • Middle East and Africa
  • APAC
  • Europe
  • North America
  • South America
This study identifies the advances in subsea processing as one of the prime reasons driving the subsea well access and blowout preventer system market growth during the next few years. Also, the declining cost of offshore drilling projects and advances in blowout preventers will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the subsea well access and blowout preventer system market covers the following areas:
  • Subsea well access and blowout preventer system market sizing
  • Subsea well access and blowout preventer system market forecast
  • Subsea well access and blowout preventer system market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading subsea well access and blowout preventer system market vendors that include 4Subsea, Aker Solutions ASA, Baker Hughes Co., Dril Quip Inc., Eaton Corp. Plc, Halliburton Co., Helix Energy Solutions Group Inc., KOSO Kent Introl Ltd., NOV Inc., Oceaneering International Inc., Optime Subsea, RMZ Oilfield Engineering Pte Ltd., Schlumberger Ltd., Subsea 7 SA, TechnipFMC plc, Total Marine Technology Pty Ltd., Trendsetter Engineering Inc., Weatherford International Plc, and Worldwide Oilfield Machine Inc. Also, the subsea well access and blowout preventer system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Chart on Market Overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Chart on Global Market Characteristics
      • Table Executive Summary - Chart on Market by Geography
      • Table Executive Summary - Chart on Market Segmentation by Product
      • Table Executive Summary - Chart on Incremental Growth
      • Table Executive Summary - Data Table on Incremental Growth
      • Table Executive Summary - Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2021
    • Market outlook: Forecast for 2021-2026
      • Table Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Table Data Table on Global Market: Year-over-year growth 2021-2026 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2021 and 2026
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers - Impact of key factors in 2021 and 2026
    • Threat of new entrants
      • Table Threat of new entrants - Impact of key factors in 2021 and 2026
    • Threat of substitutes
      • Table Threat of substitutes - Impact of key factors in 2021 and 2026
    • Threat of rivalry
      • Table Threat of rivalry - Impact of key factors in 2021 and 2026
    • Market condition
      • Table Chart on Market condition - Five forces 2021 and 2026
  • Market Segmentation by Product
    • Market segments
      • Table Chart on Product - Market share 2021-2026 (%)
      • Table Data Table on Product - Market share 2021-2026 (%)
    • Comparison by Product
      • Table Chart on Comparison by Product
      • Table Data Table on Comparison by Product
    • Subsea BOP - Market size and forecast 2021-2026
      • Table Chart on Subsea BOP - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Subsea BOP - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Subsea BOP - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Subsea BOP - Year-over-year growth 2021-2026 (%)
    • Subsea WAS - Market size and forecast 2021-2026
      • Table Chart on Subsea WAS - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Subsea WAS - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Subsea WAS - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Subsea WAS - Year-over-year growth 2021-2026 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product ($ billion)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2021-2026 (%)
      • Table Data Table on Market share by geography 2021-2026 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • Middle East and Africa - Market size and forecast 2021- 2026
      • Table Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • APAC - Market size and forecast 2021-2026
      • Table Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Table Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • Europe - Market size and forecast 2021-2026
      • Table Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • North America - Market size and forecast 2021-2026
      • Table Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on North America - Year-over-year growth 2021-2026 (%)
      • Table Data Table on North America - Year-over-year growth 2021-2026 (%)
    • South America - Market size and forecast 2021-2026
      • Table Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on South America - Year-over-year growth 2021-2026 (%)
      • Table Data Table on South America - Year-over-year growth 2021-2026 (%)
    • Brazil - Market size and forecast 2021-2026
      • Table Chart on Brazil - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Brazil - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Brazil - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Brazil - Year-over-year growth 2021-2026 (%)
    • Angola - Market size and forecast 2021-2026
      • Table Chart on Angola - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Angola - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Angola - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Angola - Year-over-year growth 2021-2026 (%)
    • Norway - Market size and forecast 2021-2026
      • Table Chart on Norway - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Norway - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Norway - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Norway - Year-over-year growth 2021-2026 (%)
    • US - Market size and forecast 2021-2026
      • Table Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on US - Year-over-year growth 2021-2026 (%)
      • Table Data Table on US - Year-over-year growth 2021-2026 (%)
    • UK - Market size and forecast 2021-2026
      • Table Chart on UK - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on UK - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on UK - Year-over-year growth 2021-2026 (%)
      • Table Data Table on UK - Year-over-year growth 2021-2026 (%)
    • Saudi Arabia - Market size and forecast 2021-2026
      • Table Chart on Saudi Arabia - Market size and forecast 2021-2026 ($ billion)
      • Table Data Table on Saudi Arabia - Market size and forecast 2021-2026 ($ billion)
      • Table Chart on Saudi Arabia - Year-over-year growth 2021-2026 (%)
      • Table Data Table on Saudi Arabia - Year-over-year growth 2021-2026 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Rise in deepwater and ultra deepwater E activities
      • Growing demand for oil and natural gas
      • Safety and environmental concerns associated with subsea E activities
    • Market challenges
      • Complexities involved in subsea oil and gas production
      • Fluctuations in the price of crude oil
      • Rise in adoption of renewable energy
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2021 and 2026
    • Market trends
      • Advances in subsea processing
      • Declining cost of offshore drilling projects
      • Advances in blowout preventers
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Aker Solutions ASA
      • Table Aker Solutions ASA - Overview
      • Table Aker Solutions ASA - Business segments
      • Table Aker Solutions ASA - Key offerings
      • Table Aker Solutions ASA - Segment focus
    • Baker Hughes Co.
      • Table Baker Hughes Co. - Overview
      • Table Baker Hughes Co. - Business segments
      • Table Baker Hughes Co. - Key news
      • Table Baker Hughes Co. - Key offerings
      • Table Baker Hughes Co. - Segment focus
    • Dril Quip Inc.
      • Table Dril Quip Inc. - Overview
      • Table Dril Quip Inc. - Business segments
      • Table Dril Quip Inc. - Key offerings
      • Table Dril Quip Inc. - Segment focus
    • Eaton Corp. Plc
      • Table Eaton Corp. Plc - Overview
      • Table Eaton Corp. Plc - Business segments
      • Table Eaton Corp. Plc - Key news
      • Table Eaton Corp. Plc - Key offerings
      • Table Eaton Corp. Plc - Segment focus
    • Halliburton Co.
      • Table Halliburton Co. - Overview
      • Table Halliburton Co. - Business segments
      • Table Halliburton Co. - Key news
      • Table Halliburton Co. - Key offerings
      • Table Halliburton Co. - Segment focus
    • NOV Inc.
      • Table NOV Inc. - Overview
      • Table NOV Inc. - Business segments
      • Table NOV Inc. - Key news
      • Table NOV Inc. - Key offerings
      • Table NOV Inc. - Segment focus
    • Oceaneering International Inc.
      • Table Oceaneering International Inc. - Overview
      • Table Oceaneering International Inc. - Business segments
      • Table Oceaneering International Inc. - Key offerings
      • Table Oceaneering International Inc. - Segment focus
    • Schlumberger Ltd.
      • Table Schlumberger Ltd. - Overview
      • Table Schlumberger Ltd. - Business segments
      • Table Schlumberger Ltd. - Key offerings
      • Table Schlumberger Ltd. - Segment focus
    • TechnipFMC plc
      • Table TechnipFMC plc - Overview
      • Table TechnipFMC plc - Business segments
      • Table TechnipFMC plc - Key offerings
    • Weatherford International Plc
      • Table Weatherford International Plc - Overview
      • Table Weatherford International Plc - Business segments
      • Table Weatherford International Plc - Key news
      • Table Weatherford International Plc - Key offerings
      • Table Weatherford International Plc - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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