RAM, is one of the types of subsea blowout preventer market. The primary function of blowout preventers are to confine well fluid to the wellbore, provides means to add fluid to the wellbore, and allow controlled volume of fluid to be withdraw from the wellbore. The RAM extends towards the center of the wellbore to either restrict the flow, or to permit the flow. This equipment is majorly used in offshore and onshore drilling. There are three types of RAM-BOP, namely pipe RAM, blind RAM, and Shear RAM.
The report, “RAM-BOP market Forecast 2014-2019” analyzed on the basis of geographical segmentation into regions such as North America, South America, Asia Pacific, Europe, Middle East and Africa. This market is also segmented with respect to application and usage. In terms of application, this market is categorized into onshore and offshore. According to usage, this market is classified into upstream oil & gas.
The increasing oil & gas exploration and production activities across the globe satisfying the growing energy consumption demands are considered to be one of the most significant driving factors influencing the growth of RAM-BOP market. The growing concerns for the safety of oil & gas exploration companies are also playing an important role in the progress of this market. The demand for blowout preventers is increasing in offshore as well as offshore drilling activities.
This market report offers a comprehensive analysis of market share, value chain analysis, and varied market dynamics, including drivers, restraints, and upcoming opportunities. It also presents competitive landscaping of key companies operating in RAM-BOP market that constitutes of FMC technology (U.S.), Schlumberger (U.S.), Aker solutions (Norway), and Halliburton (U.S.) among others.
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Product benchmarking outlook
• New technology launches in subsea RAM-BOP systems.
• Upcoming research and development activities in subsea RAM-BOP market
Customer segment outlook
• Key players (country wise)
• Region wise company profiling
• Significant activities driving the market growth
• Upcoming oil & gas projects (region wise)
• Challenges of the subsea RAM-BOP market
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