Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Ram Blowout Preventer Market by Type (Flanged Ram Blowout Preventer, Studded Ram Blowout Preventer), By Application (Onshore, Offshore) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Ram Blowout Preventer Market by Type (Flanged Ram Blowout Preventer, Studded Ram Blowout Preventer), By Application (Onshore, Offshore) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 158058 3300 Machinery & Equipment 377 233 Pages 4.6 (40)

Market Overview:

The global ram blowout preventer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for oil and gas across the globe. In addition, the increasing investment in exploration and production activities is also propelling the demand for ram blowout preventers. Based on type, the global ram blowout preventer market can be segmented into flanged ram blowout preventers and studded ram blowout preventers. Flanged Ram Blow-Out Preventers (FRBOPs) are more popular than studded Ram Blow-Out Preventers (SRBOPs), as they are easier to install and have a longer life span than SRBOPs. FRBOPs accounted for a larger share of the global RAM BOP market in 2017 and this trend is expected to continue during the forecast period as well). Based on application,the global RAM BOPmarket can be divided into onshoreand offshore applications.

Global Ram Blowout Preventer Industry Outlook

Product Definition:

Ram Blowout Preventer is a device used to prevent the uncontrolled release of gas or oil from an oil or gas well. It is a large, cylindrical steel valve that can be quickly activated to close off the well.

Flanged Ram Blowout Preventer:

Flanged Ram Blowout Preventer (BRBP) is a device that prevents the high pressure gas turbine exhaust from blowing out of the combustion chamber. It works by sealing one or more holes in the combustion chamber wall caused by an earlier leak. The BRBP was developed to prevent gas turbine engine failures, which are responsible for significant maintenance costs and loss of life in industries such as oil & gas, power generation, and aerospace.

Studded Ram Blowout Preventer:

The global studded ram blowout preventer market size was valued at USD 1.6 billion in 2015 and is expected to witness significant growth over the forecast period owing to its widespread usage in various applications including upstream oil & gas, LNG, and chemical processing industries. The growing energy demand across the globe coupled with increasing focus on developing alternative sources of energy is anticipated to have a positive impact on industry growth over the next seven years.

Application Insights:

Onshore application dominated the global market in 2017, accounting for over 75% of the overall revenue share. The growth can be attributed to factors such as extensive usage of onshore platforms in Middle East and Africa region. Onshore applications are also used across various regions including North America, Latin America and Europe.

The offshore segment is expected to witness significant growth over the forecast period owing to increasing use of blowout preventers (BOP) at oil & gas production facilities globally. Increasing exploration activities for hydrocarbon deposits beneath the surface of oceans is one of the key drivers fueling demand for BOPs at offshore oil & gas production facilities globally.

Offshore applications include deepwater horizon drilling rig platform supply ships.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a significant number of drilling activities owing to growing energy demand as well as offshore projects due to availability of hydrocarbon reserves. Furthermore, increasing government spending on infrastructure development coupled with rising exploration and production activities in countries such as China, India, Vietnam, Thailand are anticipated to drive the regional market growth over the forecast period.

North America accounted for a major share in terms of revenue generation owing to high penetration rates of Ram blowout preventers across U.S., Canada and Mexico regions coupled with extensive drilling operations taking place along their coastlines resulting into offshore basins such as Gulf Of Mexico (GOM), Mississippi Sound (MSC) and Hudson Bay (HBC).

Growth Factors:

  • Increasing demand for oil and gas due to population growth and industrialization in developing countries
  • Rising investment in upstream oil and gas sector
  • Proliferation of new exploration and production technologies
  • Stringent safety regulations for blowout preventers by regulatory authorities
  • Growing awareness about the benefits of Ram Blowout Preventers among end users

Scope Of The Report

Report Attributes

Report Details

Report Title

Ram Blowout Preventer Market Research Report

By Type

Flanged Ram Blowout Preventer, Studded Ram Blowout Preventer

By Application

Onshore, Offshore

By Companies

Axon, BHGE, Control Flow, National Oilwell Varco, Schlumberger, Weir Group, Uztel, Weatherford International, Worldwide Oilfield Machine, Jereh Group, BOP Products, Sunnda Corporation

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Ram Blowout Preventer Market Report Segments:

The global Ram Blowout Preventer market is segmented on the basis of:


Flanged Ram Blowout Preventer, Studded Ram Blowout Preventer

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Onshore, Offshore

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Axon
  2. BHGE
  3. Control Flow
  4. National Oilwell Varco
  5. Schlumberger
  6. Weir Group
  7. Uztel
  8. Weatherford International
  9. Worldwide Oilfield Machine
  10. Jereh Group
  11. BOP Products
  12. Sunnda Corporation

Global Ram Blowout Preventer Market Overview

Highlights of The Ram Blowout Preventer Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Flanged Ram Blowout Preventer
    2. Studded Ram Blowout Preventer
  1. By Application:

    1. Onshore
    2. Offshore
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Ram Blowout Preventer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

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Global Ram Blowout Preventer Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Ram blowout preventer is a device that is installed on the ram of a vehicle to help prevent air from entering the engine during an accident.

Some of the key players operating in the ram blowout preventer market are Axon, BHGE, Control Flow, National Oilwell Varco, Schlumberger, Weir Group, Uztel, Weatherford International, Worldwide Oilfield Machine, Jereh Group, BOP Products, Sunnda Corporation.

The ram blowout preventer market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Ram Blowout Preventer Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Ram Blowout Preventer Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Ram Blowout Preventer Market - Supply Chain
   4.5. Global Ram Blowout Preventer Market Forecast
      4.5.1. Ram Blowout Preventer Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Ram Blowout Preventer Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Ram Blowout Preventer Market Absolute $ Opportunity

5. Global Ram Blowout Preventer Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Ram Blowout Preventer Market Size and Volume Forecast by Type
      5.3.1. Flanged Ram Blowout Preventer
      5.3.2. Studded Ram Blowout Preventer
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Ram Blowout Preventer Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Ram Blowout Preventer Market Size and Volume Forecast by Application
      6.3.1. Onshore
      6.3.2. Offshore
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Ram Blowout Preventer Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Ram Blowout Preventer Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Ram Blowout Preventer Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Ram Blowout Preventer Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Ram Blowout Preventer Demand Share Forecast, 2019-2026

9. North America Ram Blowout Preventer Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Ram Blowout Preventer Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Ram Blowout Preventer Market Size and Volume Forecast by Application
      9.4.1. Onshore
      9.4.2. Offshore
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Ram Blowout Preventer Market Size and Volume Forecast by Type
      9.7.1. Flanged Ram Blowout Preventer
      9.7.2. Studded Ram Blowout Preventer
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Ram Blowout Preventer Demand Share Forecast, 2019-2026

10. Latin America Ram Blowout Preventer Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Ram Blowout Preventer Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Ram Blowout Preventer Market Size and Volume Forecast by Application
      10.4.1. Onshore
      10.4.2. Offshore
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Ram Blowout Preventer Market Size and Volume Forecast by Type
      10.7.1. Flanged Ram Blowout Preventer
      10.7.2. Studded Ram Blowout Preventer
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Ram Blowout Preventer Demand Share Forecast, 2019-2026

11. Europe Ram Blowout Preventer Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Ram Blowout Preventer Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Ram Blowout Preventer Market Size and Volume Forecast by Application
      11.4.1. Onshore
      11.4.2. Offshore
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Ram Blowout Preventer Market Size and Volume Forecast by Type
      11.7.1. Flanged Ram Blowout Preventer
      11.7.2. Studded Ram Blowout Preventer
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market ttractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Ram Blowout Preventer Demand Share, 2019-2026

12. Asia Pacific Ram Blowout Preventer Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Ram Blowout Preventer Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Ram Blowout Preventer Market Size and Volume Forecast by Application
      12.4.1. Onshore
      12.4.2. Offshore
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Ram Blowout Preventer Market Size and Volume Forecast by Type
      12.7.1. Flanged Ram Blowout Preventer
      12.7.2. Studded Ram Blowout Preventer
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Ram Blowout Preventer Demand Share, 2019-2026

13. Middle East & Africa Ram Blowout Preventer Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Ram Blowout Preventer Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Ram Blowout Preventer Market Size and Volume Forecast by Application
      13.4.1. Onshore
      13.4.2. Offshore
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Ram Blowout Preventer Market Size and Volume Forecast by Type
      13.7.1. Flanged Ram Blowout Preventer
      13.7.2. Studded Ram Blowout Preventer
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Ram Blowout Preventer Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Ram Blowout Preventer Market: Market Share Analysis
   14.2. Ram Blowout Preventer Distributors and Customers
   14.3. Ram Blowout Preventer Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Axon Overview Financials Developments Strategic Outlook
      14.4.2. BHGE Overview Financials Developments Strategic Outlook
      14.4.3. Control Flow Overview Financials Developments Strategic Outlook
      14.4.4. National Oilwell Varco Overview Financials Developments Strategic Outlook
      14.4.5. Schlumberger Overview Financials Developments Strategic Outlook
      14.4.6. Weir Group Overview Financials Developments Strategic Outlook
      14.4.7. Uztel Overview Financials Developments Strategic Outlook
      14.4.8. Weatherford International Overview Financials Developments Strategic Outlook
      14.4.9. Worldwide Oilfield Machine Overview Financials Developments Strategic Outlook
      14.4.10. Jereh Group Overview Financials Developments Strategic Outlook
      14.4.11. BOP Products Overview Financials Developments Strategic Outlook
      14.4.12. Sunnda Corporation Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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