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Ram Blowout Preventer Market 2019-2023 | Increasing Upstream Investment to Boost Growth | Technavio

February 14, 2020 GMT
Ram Blowout Preventer Market 2019-2023 | Increasing Upstream Investment to Boost Growth | Technavio
Ram Blowout Preventer Market 2019-2023 | Increasing Upstream Investment to Boost Growth | Technavio

LONDON--(BUSINESS WIRE)--Feb 14, 2020--

Technavio has been monitoring the ram blowout preventer market and it is poised to grow by USD 89.24 million during 2019-2023, progressing at a CAGR of 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled global ram blowout preventer market 2019-2023 (Graphic: Business Wire)

Increasing upstream investment has been instrumental in driving the growth of the market. However, volatility in oil and gas prices might hamper market growth. Request a free sample report

Ram Blowout Preventer Market 2019-2023: Segmentation

Ram Blowout Preventer Market is segmented as below:

Application

Geographic segmentation

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR32143

Ram Blowout Preventer Market 2019-2023: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our ram blowout preventer market report covers the following areas:

This study identifies declining cost of raw materials as one of the prime reasons driving the ram blowout preventer market growth during the next few years.

Ram Blowout Preventer Market 2019-2023: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the ram blowout preventer market, including some of the vendors such as AXON Pressure Products Inc., Baker Hughes, a GE Co. LLC, Control Flow Inc., National Oilwell Varco Inc., Schlumberger Ltd., The Weir Group Plc, Uztel SA, Weatherford International Plc, Worldwide Oilfield Machine Inc. and Yantai Jereh Oilfield Services Group Co. Ltd. Backed with competitive intelligence and benchmarking, our research reports on the ram blowout preventer market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Ram Blowout Preventer Market 2019-2023: Key Highlights

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200214005289/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

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UK: +44 203 893 3200

Email:media@technavio.com

Website:www.technavio.com/

KEYWORD:

INDUSTRY KEYWORD: OIL/GAS ENERGY

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 02/14/2020 03:00 PM/DISC: 02/14/2020 03:00 PM

http://www.businesswire.com/news/home/20200214005289/en