Global Drilling Blowout Prevention System Market Growth (Status and Outlook) 2025-2031

The global Drilling Blowout Prevention System market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

A blowout preventer (BOP) is a large, specialized valve used to seal, control and monitor oil and gas wells.

United States market for Drilling Blowout Prevention System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Drilling Blowout Prevention System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Drilling Blowout Prevention System is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Drilling Blowout Prevention System players cover Schlumberger, National Oilwell Varco, Baker Hughes, Uztel, Halliburton, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Drilling Blowout Prevention System Industry Forecast” looks at past sales and reviews total world Drilling Blowout Prevention System sales in 2024, providing a comprehensive analysis by region and market sector of projected Drilling Blowout Prevention System sales for 2025 through 2031. With Drilling Blowout Prevention System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Drilling Blowout Prevention System industry.

This Insight Report provides a comprehensive analysis of the global Drilling Blowout Prevention System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Drilling Blowout Prevention System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Drilling Blowout Prevention System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Drilling Blowout Prevention System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Drilling Blowout Prevention System.

This report presents a comprehensive overview, market shares, and growth opportunities of Drilling Blowout Prevention System market by product type, application, key players and key regions and countries.

Segmentation by Type:

Annular BOP

Ram BOP

Segmentation by Application:

Onshore Wells

Offshore Wells

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Schlumberger

National Oilwell Varco

Baker Hughes

Uztel

Halliburton

AP Industries

CANSCO Control Technology

BOP Products

Control Flow

NXL Technologies

RONG SHENG Machinery

Shanghai SK Petroleum and Chemical Equipment Corporation

Jiangsu Xinde Petroleum Machinery

Jiangsu Jinshi Machinery

Suzhou Douson Drilling&Production Equipment

Yantai Jereh Petroleum Equipment & Technologies

Please note: The report will take approximately 2 business days to prepare and deliver.