According to our (Global Info Research) latest study, the global Oil Well Blowout Preventers market size was valued at US$ 9915 million in 2024 and is forecast to a readjusted size of USD 12860 million by 2031 with a CAGR of 3.8% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Oil Well Blowout Preventers are safety equipment used on oil and gas drilling platforms to quickly close the wellhead in an emergency, cut off the flow of fluids downhole, and prevent blowout accidents. BOP equipment is usually installed above the wellhead to control the pressure in the well and close the wellhead when necessary to cut off the flow of fluids downhole, thereby protecting personnel safety, equipment and the environment.
This report is a detailed and comprehensive analysis for global Oil Well Blowout Preventers market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Oil Well Blowout Preventers market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global Oil Well Blowout Preventers market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global Oil Well Blowout Preventers market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2020-2031
Global Oil Well Blowout Preventers market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Oil Well Blowout Preventers
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Oil Well Blowout Preventers market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GE Oil & Gas, Cameron (SLB), National Oilwell Varco (NOV), Uztel, Rongsheng Machinery, Halliburton, AXON Energy, MSP/Drilex, Jiangsu Xinde Petroleum Machinery, Fountain Petro, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Oil Well Blowout Preventers market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Annular BOP
Ram BOP
Market segment by Application
Onshore Wells
Offshore Wells
Major players covered
GE Oil & Gas
Cameron (SLB)
National Oilwell Varco (NOV)
Uztel
Rongsheng Machinery
Halliburton
AXON Energy
MSP/Drilex
Jiangsu Xinde Petroleum Machinery
Fountain Petro
Control Flow
Loran Gulf Coast
TSC
Integrated Equipment
Jiangsu Jinshi Machinery
Shanghai Shenkai Petroleum & Chemical Equipment
Yantai Jereh Petroleum Equipment & Technologies
Qingdao Hengwang Machinery Equipment
Baoji Xinrui Petroleum Equipment
BOVE Flow Control Technology
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Oil Well Blowout Preventers product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Oil Well Blowout Preventers, with price, sales quantity, revenue, and global market share of Oil Well Blowout Preventers from 2020 to 2025.
Chapter 3, the Oil Well Blowout Preventers competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Oil Well Blowout Preventers breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Oil Well Blowout Preventers market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Oil Well Blowout Preventers.
Chapter 14 and 15, to describe Oil Well Blowout Preventers sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Oil Well Blowout Preventers. Industry analysis & Market Report on Oil Well Blowout Preventers is a syndicated market report, published as Global Oil Well Blowout Preventers Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Oil Well Blowout Preventers market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.