Global Subsea BOP Market 2015-2019

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Transcript of Global Subsea BOP Market 2015-2019

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Global Subsea BOP Market 2015-2019

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.

Global Subsea BOP Market 2015-2019

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Market Overview• 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.

• Technavio's analysts forecast the global subsea BOP market to grow at a CAGR of 6.5% over the period 2014-2019.

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2015-2019,please mail us at

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Key Vendors and Regions

• Cameron

• GE energy

• National Oilwell Varco

• Rongsheng Machinery Manufacture

• Proserv

• Tenaris

• Uztel

View Our Report: Global Subsea BOP Market 2015-2019

• Americas

• APAC

• EMEA

Vendors Regions

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Key Findings

• Technological innovation• The subsea environment has harsh climatic conditions, and much of the

innovation in offshore production is designed to overcome these challenges, including the need to provide very large production facilities.

• Increasing demand for subsea-well intervention• The production capacity of subsea wells has been considerably lower than

platform-based wells due to a lack of intervention.

• Increase in deep-water exploration and production• In response to dipping production from onshore and shallow offshore oil

wells, the oil industry is moving toward deeper waters, which hold greater promise.

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Key Questions Answered in Our 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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