1	INTRODUCTION	34 
1.1	STUDY OBJECTIVES	34 
1.2	MARKET DEFINITION	34 
1.2.1	PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE: INCLUSIONS AND EXCLUSIONS	34 
1.2.2	PRESSURE CONTROL EQUIPMENT MARKET, BY COMPONENT: INCLUSIONS AND EXCLUSIONS	35 
1.2.3	PRESSURE CONTROL EQUIPMENT MARKET, BY SALES TYPE: INCLUSIONS AND EXCLUSIONS	35 
1.2.4	PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION: INCLUSIONS AND EXCLUSIONS	36 
1.2.5	PRESSURE CONTROL EQUIPMENT MARKET, BY PRESSURE: INCLUSIONS AND EXCLUSIONS	36 
1.2.6	PRESSURE CONTROL EQUIPMENT MARKET, BY REGION: INCLUSIONS AND EXCLUSIONS	36 
1.3	MARKET SCOPE	37 
1.3.1	MARKET SEGMENTATION	37 
1.3.2	REGIONAL SCOPE	37 
1.3.3	YEARS CONSIDERED	38 
1.4	CURRENCY CONSIDERED	38 
1.5	LIMITATIONS	38 
1.6	STAKEHOLDERS	38 
1.7	SUMMARY OF CHANGES	39 
1.7.1	RECESSION IMPACT	39 
2	RESEARCH METHODOLOGY	40 
2.1	RESEARCH DATA	40 
FIGURE 1	PRESSURE CONTROL EQUIPMENT MARKET: RESEARCH DESIGN	41 
2.2	MARKET BREAKDOWN AND DATA TRIANGULATION	42 
FIGURE 2	DATA TRIANGULATION METHODOLOGY	42 
2.2.1	SECONDARY DATA	43 
2.2.1.1	Key data from secondary sources	43 
2.2.2	PRIMARY DATA	43 
2.2.2.1	Key data from primary sources	44 
2.2.2.2	Breakdown of primaries	44 
2.3	RESEARCH SCOPE	45 
FIGURE 3	MAIN METRICS CONSIDERED WHILE CONSTRUCTING AND ASSESSING DEMAND FOR PRESSURE CONTROL EQUIPMENT	46 
2.4	MARKET SIZE ESTIMATION	46 
2.4.1	BOTTOM-UP APPROACH	46 
FIGURE 4	MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH	47 
2.4.2	TOP-DOWN APPROACH	48 
FIGURE 5	MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH	48 
2.4.3	DEMAND-SIDE ANALYSIS	49 
2.4.3.1	Regional analysis	49 
2.4.3.2	Country analysis	50 
2.4.3.3	Assumptions for demand side	50 
2.4.3.4	Calculations for demand side	50 
2.4.4	SUPPLY-SIDE ANALYSIS	51 
FIGURE 6	KEY STEPS CONSIDERED FOR ASSESSING SUPPLY OF PRESSURE CONTROL EQUIPMENT MARKET	51 
FIGURE 7	PRESSURE CONTROL EQUIPMENT MARKET: SUPPLY-SIDE ANALYSIS	52 
2.4.4.1	Assumptions for supply side	52 
2.4.4.2	Calculations for supply side	52 
FIGURE 8	COMPANY REVENUE ANALYSIS, 2021	53 
2.4.5	RESEARCH FORECAST	53 
3	EXECUTIVE SUMMARY	54 
TABLE 1	PRESSURE CONTROL EQUIPMENT MARKET SNAPSHOT	54 
FIGURE 9	NORTH AMERICA LED PRESSURE CONTROL EQUIPMENT MARKET IN 2021	55 
FIGURE 10	COILED TUBING PRESSURE CONTROL EQUIPMENT TO BE FASTEST-GROWING MARKET, BY TYPE, DURING 2022–2027	56 
FIGURE 11	WELLHEAD EQUIPMENT TO ACCOUNT FOR LARGEST SHARE OF PRESSURE CONTROL EQUIPMENT MARKET, BY COMPONENT, IN 2022–2027	56 
FIGURE 12	HIGH PRESSURE (ABOVE 10,000 PSI) SEGMENT TO HOLD LARGEST MARKET SHARE OF PRESSURE CONTROL EQUIPMENT MARKET, BY PRESSURE TYPE, IN 2022–2027	57 
FIGURE 13	OFFSHORE APPLICATIONS TO BE FASTEST-GROWING PRESSURE CONTROL EQUIPMENT END USER, BY APPLICATION, DURING FORECAST PERIOD	57 
FIGURE 14	RENTAL SALES TYPE TO HOLD LARGEST SHARE OF PRESSURE CONTROL EQUIPMENT MARKET, BY SALES TYPE, IN 2027	58 
4	PREMIUM INSIGHTS	59 
4.1	ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PRESSURE CONTROL EQUIPMENT MARKET	59 
FIGURE 15	INCREASING INVESTMENTS IN OFFSHORE WELL INTERVENTION IN OIL & GAS SECTOR TO DRIVE MARKET	59 
4.2	PRESSURE CONTROL EQUIPMENT MARKET, BY REGION	60 
FIGURE 16	NORTH AMERICA TO BE FASTEST-GROWING PRESSURE EQUIPMENT MARKET DURING FORECAST PERIOD	60 
4.3	PRESSURE CONTROL EQUIPMENT MARKET IN NORTH AMERICA, BY TYPE & COUNTRY	60 
FIGURE 17	WIRELINE PRESSURE CONTROL EQUIPMENT AND US DOMINATED GLOBAL PRESSURE CONTROL EQUIPMENT MARKET IN 2021	60 
4.4	PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE	61 
FIGURE 18	INCREASING DRILLING ACTIVITIES TO CREATE DEMAND FOR WIRELINE PRESSURE CONTROL EQUIPMENT IN 2027	61 
  
4.5	PRESSURE CONTROL EQUIPMENT MARKET, BY COMPONENT	61 
FIGURE 19	WELLHEAD EQUIPMENT TO HOLD LARGEST MARKET SHARE IN 2027	61 
4.6	PRESSURE CONTROL EQUIPMENT MARKET, BY PRESSURE TYPE	62 
FIGURE 20	HIGH PRESSURE (ABOVE 10,000 PSI) SEGMENT TO HOLD LARGEST MARKET SHARE, BY PRESSURE TYPE, IN 2027	62 
4.7	PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION	62 
FIGURE 21	INCREASING INVESTMENTS IN UNCONVENTIONAL RESOURCES TO DRIVE MARKET FOR ONSHORE APPLICATIONS IN 2027	62 
4.8	PRESSURE CONTROL EQUIPMENT MARKET, BY SALES TYPE	62 
FIGURE 22	LOW EQUIPMENT COST AND REDUCED CAPITAL COST TO DRIVE MARKET FOR RENTAL SEGMENT, BY SALES TYPE, IN 2027	62 
5	MARKET OVERVIEW	63 
5.1	INTRODUCTION	63 
5.2	MARKET DYNAMICS	63 
FIGURE 23	PRESSURE CONTROL EQUIPMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES	63 
5.2.1	DRIVERS	64 
5.2.1.1	Rising exploration and production of unconventional oil & gas resources	64 
FIGURE 24	PROVEN RESERVES OF CRUDE OIL IN US, 2015–2020	64 
FIGURE 25	RECOVERABLE SHALE GAS RESOURCES IN US, 2015–2020 (BCF)	65 
5.2.1.2	Increasing global oil demand	65 
FIGURE 26	GLOBAL OIL DEMAND, 2019–2026 (BCF)	66 
TABLE 2	GLOBAL OIL DEMAND (OECD VS. NON-OECD), 2019–2026	66 
5.2.2	RESTRAINTS	66 
5.2.2.1	Decline in capital expenditure of oilfield operators and service providers	66 
FIGURE 27	CAPITAL EXPENDITURE OF OIL & GAS SERVICE PROVIDERS, 2016–2021	67 
5.2.2.2	Introduction of stringent government regulations on upstream activities	67 
5.2.3	OPPORTUNITIES	68 
5.2.3.1	Growth in oilfield discoveries	68 
FIGURE 28	GLOBAL OIL & GAS DISCOVERIES, 2016–2020 (MILLION BOE)	68 
5.2.3.2	Emerging offshore opportunities	69 
FIGURE 29	GLOBAL OFFSHORE NATURAL GAS PRODUCTION, 2000–2040 (MILLION BCM)	69 
5.2.4	CHALLENGES	69 
5.2.4.1	Transition toward adoption of renewable energy sources	69 
FIGURE 30	RENEWABLE NET CAPACITY ADDITION, 2019 – 2021 (MW)	70 
5.2.4.2	Lesser success rate of exploration	70 
5.3	TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS	71 
5.3.1	REVENUE SHIFTS AND NEW REVENUE POCKETS FOR PRESSURE CONTROL EQUIPMENT PROVIDERS	71 
FIGURE 31	REVENUE SHIFT FOR PRESSURE CONTROL EQUIPMENT	71 
5.3.2	MARKET MAP	72 
FIGURE 32	MARKET MAP: PRESSURE CONTROL EQUIPMENT MARKET	72 
5.3.3	WELL INTERVENTION	72 
5.3.4	DRILLING SERVICES	72 
5.3.5	OILFIELD SERVICES	72 
5.4	SUPPLY CHAIN ANALYSIS	73 
FIGURE 33	SUPPLY CHAIN ANALYSIS: PRESSURE CONTROL EQUIPMENT MARKET	73 
TABLE 3	PRESSURE CONTROL EQUIPMENT MARKET: SUPPLY CHAIN	73 
5.4.1	RAW MATERIAL SUPPLIERS	74 
5.4.2	PRESSURE CONTROL EQUIPMENT MANUFACTURERS	74 
5.4.3	PRESSURE CONTROL EQUIPMENT SERVICE PROVIDERS	74 
5.4.4	OILFIELD OPERATORS	74 
5.4.5	TRADE DATA	74 
FIGURE 34	IMPORT AND EXPORT SCENARIO FOR HS CODE: 843041, 2017–2021 (USD MILLION)	75 
TABLE 4	TRADE DATA FOR HS CODE: 843041, 2017–2021 (USD MILLION)	75 
5.5	KEY CONFERENCES AND EVENTS, 2022–2023	75 
TABLE 5	PRESSURE CONTROL EQUIPMENT MARKET: LIST OF CONFERENCES AND EVENTS, 2022–2023	75 
5.6	CODES AND REGULATIONS	77 
5.6.1	REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	77 
TABLE 6	GLOBAL: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	77 
TABLE 7	NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	77 
TABLE 8	EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	77 
TABLE 9	ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	78 
TABLE 10	REST OF WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	78 
5.7	PATENT ANALYSIS	78 
TABLE 11	PRESSURE CONTROL EQUIPMENT: INNOVATIONS AND PATENT REGISTRATIONS	78 
5.8	PORTER’S FIVE FORCES ANALYSIS	81 
FIGURE 35	PRESSURE CONTROL EQUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS	81 
TABLE 12	PRESSURE CONTROL EQUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS	82 
5.8.1	THREAT OF SUBSTITUTES	82 
5.8.2	BARGAINING POWER OF SUPPLIERS	82 
5.8.3	BARGAINING POWER OF BUYERS	82 
5.8.4	THREAT OF NEW ENTRANTS	83 
5.8.5	INTENSITY OF COMPETITIVE RIVALRY	83 
5.9	KEY STAKEHOLDERS AND BUYING CRITERIA	83 
5.9.1	KEY STAKEHOLDERS IN BUYING PROCESS	83 
FIGURE 36	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY TYPE	83 
TABLE 13	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER (%)	84 
5.10	BUYING CRITERIA	84 
FIGURE 37	KEY BUYING CRITERIA FOR PRESSURE CONTROL EQUIPMENT, BY TYPE	84 
TABLE 14	KEY BUYING CRITERIA, BY TYPE	84 
5.11	AVERAGE SELLING PRICE TREND	85 
FIGURE 38	AVERAGE SELLING PRICE OF DIFFERENT TYPES OF PRESSURE CONTROL EQUIPMENT, BY KEY PLAYERS (USD)	85 
TABLE 15	AVERAGE SELLING PRICE OF DIFFERENT TYPES OF PRESSURE CONTROL EQUIPMENT, BY KEY PLAYERS (USD)	85 
5.12	CASE STUDY ANALYSIS	86 
5.12.1	MWD SYSTEM ABLE TO IDENTIFY LOSSES AT EARLY STAGES AND MAINTAIN CONSTANT BOTTOM HOLE PRESSURE	86 
5.12.1.1	Problem statement	86 
5.12.1.2	Solution	86 
5.12.2	PERFORMING PRESSURE TEST TO OBTAIN HIGH VOLUME OF SAMPLING DATA DESPITE CHALLENGING GEOLOGICAL CONDITIONS	86 
5.12.2.1	Problem statement	86 
5.12.2.2	Solution	86 
5.13	TECHNOLOGY ANALYSIS	87 
6	PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE	88 
6.1	INTRODUCTION	89 
FIGURE 39	PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2021	89 
TABLE 16	PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	89 
6.2	WIRELINE PRESSURE CONTROL EQUIPMENT	90 
6.2.1	INCREASE IN DRILLING ACTIVITIES IN SHALE BASINS TO DRIVE MARKET	90 
TABLE 17	WIRELINE PRESSURE CONTROL EQUIPMENT: PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	90 
6.3	COILED TUBING PRESSURE CONTROL EQUIPMENT	90 
6.3.1	INCREASE IN HORIZONTAL DRILLING TO CREATE DEMAND FOR PRESSURE CONTROL EQUIPMENT	90 
TABLE 18	COILED TUBING PRESSURE CONTROL EQUIPMENT: PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	91 
7	PRESSURE CONTROL EQUIPMENT MARKET, BY COMPONENT	92 
7.1	INTRODUCTION	93 
FIGURE 40	PRESSURE CONTROL EQUIPMENT MARKET, BY COMPONENT, 2021	93 
TABLE 19	PRESSURE CONTROL EQUIPMENT MARKET, BY COMPONENT, 2020–2027 (USD MILLION)	94 
  
7.2	FLOW CONTROL VALVES	94 
7.2.1	KEY PRESSURE CONTROL DEVICES FOR ISOLATION AND THROTTLING FUNCTIONS TO PROPEL MARKET	94 
7.2.2	PLUG VALVES	94 
7.2.3	CHECK VALVES	95 
7.2.4	GATE VALVES	95 
7.2.5	GLOBE VALVES	95 
7.2.6	BALL VALVES	95 
TABLE 20	FLOW CONTROL VALVES: PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	95 
TABLE 21	FLOW CONTROL VALVES: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	96 
7.3	FLOW CONTROL TREATING IRON	96 
7.3.1	EXACT SPECIFICATIONS AND RIGOROUS QUALITY STANDARDS TO DRIVE MARKET	96 
7.3.2	PUP JOINT TREATING IRON	96 
7.3.3	ELBOWS TREATING IRON	96 
7.3.4	TEE TREATING IRON	97 
TABLE 22	FLOW CONTROL TREATING IRON: PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	97 
TABLE 23	FLOW CONTROL TREATING IRON: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	97 
7.4	FLOW CONTROL ADAPTERS & FLANGES	97 
7.4.1	NORTH AMERICA TO HOLD LARGEST SHARE OF PRESSURE CONTROL MARKET FOR ADAPTER FLANGES DURING FORECAST PERIOD	97 
TABLE 24	FLOW CONTROL ADAPTERS & FLANGES: PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	98 
7.5	FLOW CONTROL SURFACE CROSSOVERS	98 
7.5.1	WIDE APPLICATIONS IN OIL & GAS INDUSTRY TO INCREASE USAGE OF SURFACE CROSSOVERS	98 
TABLE 25	FLOW CONTROL SURFACE CROSSOVERS: PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	98 
7.6	FLOW CONTROL FLEXIBLE HOSES	99 
7.6.1	DIFFERENT TYPES OF FLEXIBLE HOSES FOR WELL DRILLING APPLICATIONS TO DRIVE MARKET	99 
TABLE 26	FLOW CONTROL FLEXIBLE HOSES: PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	99 
7.7	WELLHEAD EQUIPMENT	99 
7.7.1	WELLHEAD EQUIPMENT TO HOLD LARGEST MARKET SHARE FOR PRESSURE CONTROL EQUIPMENT	99 
7.7.2	DRILLING BOP WELLHEAD EQUIPMENT	100 
7.7.3	SURFACE WELLHEAD EQUIPMENT	100 
7.7.4	FRAC HEAD WELLHEAD EQUIPMENT	100 
7.7.5	FLOW HEAD WELLHEAD EQUIPMENT	100 
7.7.6	CEMENT HEAD WELLHEAD EQUIPMENT	100 
TABLE 27	WELLHEAD EQUIPMENT: PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	101 
TABLE 28	WELLHEAD EQUIPMENT: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	101 
7.8	CONTROL HEADS	101 
7.8.1	REDUCED DRILLING COSTS AND INCREASED WELL PRODUCTION TO BOOST MARKET	101 
TABLE 29	CONTROL HEADS: PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	102 
7.9	CHRISTMAS TREES (FLOW TEES)	102 
7.9.1	USED TO CONTROL FLOW OF WELL FLUIDS OR GAS DURING PRODUCTION	102 
TABLE 30	CHRISTMAS TREES (FLOW TEES): PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	102 
7.10	QUICK UNIONS	103 
7.10.1	MARKET FOR QUICK UNIONS IN AFRICA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD	103 
TABLE 31	QUICK UNIONS: PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	103 
7.11	COILED TUBING WPCE	103 
7.11.1	RISE IN USE OF COILED TUBING WPCE IN HIGH-PRESSURE WELLS TO DRIVE MARKET	103 
TABLE 32	COILED TUBING WPCE: PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	104 
7.12	OTHERS	104 
TABLE 33	OTHERS: PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	104 
8	PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION	105 
8.1	INTRODUCTION	106 
FIGURE 41	PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2021	106 
TABLE 34	PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	106 
8.2	ONSHORE	106 
8.2.1	PRESENCE OF MASSIVE ONSHORE SHALE RESERVES IN DIFFERENT REGIONS TO DRIVE MARKET	106 
TABLE 35	ONSHORE: PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	107 
8.3	OFFSHORE	107 
8.3.1	OFFSHORE APPLICATIONS TO WITNESS HIGHER CAGR DURING FORECAST PERIOD	107 
TABLE 36	OFFSHORE: PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	107 
  
9	PRESSURE CONTROL EQUIPMENT MARKET, BY SALES TYPE	108 
9.1	INTRODUCTION	109 
FIGURE 42	PRESSURE CONTROL EQUIPMENT MARKET, BY SALES TYPE, 2021	109 
TABLE 37	PRESSURE CONTROL EQUIPMENT MARKET, BY SALES TYPE, 2020–2027 (USD MILLION)	109 
9.2	NEW PURCHASES	109 
9.2.1	EQUIPMENT COST LESS OVER TIME	109 
TABLE 38	NEW PURCHASES: PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	110 
9.3	RENTAL	110 
9.3.1	LOWER UP-FRONT COSTS AND NO MAINTENANCE	110 
TABLE 39	RENTAL: PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	110 
9.4	SERVICES	111 
9.4.1	BETTER MONITORING AND CONTROL OVER WELL INTERVENTION PROCESSES	111 
TABLE 40	SERVICES: PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	111 
9.5	SPARES	111 
9.5.1	AVAILABILITY OF SPARES DURING EQUIPMENT FAILURES CAN SAVE TIME AND COST	111 
TABLE 41	SPARES: PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	111 
10	PRESSURE CONTROL EQUIPMENT MARKET, BY PRESSURE TYPE	112 
10.1	INTRODUCTION	113 
FIGURE 43	PRESSURE CONTROL EQUIPMENT MARKET, BY PRESSURE TYPE, 2021	113 
TABLE 42	PRESSURE CONTROL EQUIPMENT MARKET, BY PRESSURE TYPE, 2020–2027 (USD MILLION)	113 
10.2	HIGH PRESSURE (ABOVE 10,000 PSI)	114 
10.2.1	CUSTOMIZED PRESSURE EQUIPMENT USED SPECIALLY FOR HIGH-PRESSURE WELL INTERVENTION PROCESSES	114 
TABLE 43	HIGH PRESSURE: PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	114 
10.3	LOW PRESSURE (BELOW 10,000 PSI)	114 
10.3.1	NEW LOW-PRESSURE OIL FIELD DEVELOPMENTS IN AFRICAN AND EUROPEAN ECONOMIES	114 
TABLE 44	LOW PRESSURE: PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	115 
11	PRESSURE CONTROL EQUIPMENT MARKET, BY REGION	116 
11.1	INTRODUCTION	117 
FIGURE 44	PRESSURE CONTROL EQUIPMENT MARKET REGIONAL SNAPSHOT	117 
TABLE 45	PRESSURE CONTROL EQUIPMENT MARKET, BY REGION, 2020–2027 (USD MILLION)	117 
TABLE 46	PRESSURE CONTROL EQUIPMENT MARKET, BY REGION: VOLUME, 2020–2027 (THOUSAND UNITS)	118 
11.2	NORTH AMERICA	118 
FIGURE 45	NORTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET SNAPSHOT	119 
11.2.1	NORTH AMERICA: RECESSION IMPACT	119 
TABLE 47	NORTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	120 
TABLE 48	NORTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY COMPONENT, 2020–2027 (USD MILLION)	120 
TABLE 49	NORTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY FLOW CONTROL VALVES, 2020–2027 (USD MILLION)	121 
TABLE 50	NORTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY FLOW CONTROL TREATING IRON, 2020–2027 (USD MILLION)	121 
TABLE 51	NORTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY WELLHEAD EQUIPMENT, 2020–2027 (USD MILLION)	121 
TABLE 52	NORTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	122 
TABLE 53	NORTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY SALES TYPE, 2020–2027 (USD MILLION)	122 
TABLE 54	NORTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY NEW PURCHASE, COMPONENT, 2020–2027 (USD MILLION)	122 
TABLE 55	NORTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY RENTAL, COMPONENT, 2020–2027 (USD MILLION)	123 
TABLE 56	NORTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY SERVICE, COMPONENT, 2020–2027 (USD MILLION)	123 
TABLE 57	NORTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY SPARE, COMPONENT, 2020–2027 (USD MILLION)	124 
TABLE 58	NORTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY PRESSURE, 2020–2027 (USD MILLION)	124 
11.2.2	BY COUNTRY	125 
TABLE 59	NORTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY COUNTRY, 2020–2027 (USD MILLION)	125 
11.2.2.1	US	125 
11.2.2.1.1	Increasing exploration and production of shale and tight oil reserves to drive market	125 
TABLE 60	US: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	126 
TABLE 61	US: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	126 
11.2.2.2	Canada	126 
11.2.2.2.1	Increasing oil sands and offshore well exploration and drilling to provide lucrative growth opportunities	126 
TABLE 62	CANADA: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	127 
TABLE 63	CANADA: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	127 
11.2.2.3	Mexico	127 
11.2.2.3.1	Development of unconventional shale resources and increasing focus on redeveloping mature fields to propel market	127 
TABLE 64	MEXICO: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	128 
TABLE 65	MEXICO: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	128 
11.3	ASIA PACIFIC	128 
FIGURE 46	ASIA PACIFIC: PRESSURE CONTROL EQUIPMENT MARKET SNAPSHOT	129 
TABLE 66	ASIA PACIFIC: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	129 
TABLE 67	ASIA PACIFIC: PRESSURE CONTROL EQUIPMENT MARKET, BY COMPONENT, 2020–2027 (USD MILLION)	130 
TABLE 68	ASIA PACIFIC: PRESSURE CONTROL EQUIPMENT MARKET, BY FLOW CONTROL VALVES, 2020–2027 (USD MILLION)	130 
TABLE 69	ASIA PACIFIC: PRESSURE CONTROL EQUIPMENT MARKET, BY FLOW CONTROL TREATING IRON, 2020–2027 (USD MILLION)	131 
TABLE 70	ASIA PACIFIC: PRESSURE CONTROL EQUIPMENT MARKET, BY WELLHEAD EQUIPMENT, 2020–2027 (USD MILLION)	131 
TABLE 71	ASIA PACIFIC: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	131 
TABLE 72	ASIA PACIFIC: PRESSURE CONTROL EQUIPMENT MARKET, BY SALES TYPE, 2020–2027 (USD MILLION)	132 
TABLE 73	ASIA PACIFIC: PRESSURE CONTROL EQUIPMENT MARKET, BY NEW PURCHASE, COMPONENT, 2020–2027 (USD MILLION)	132 
TABLE 74	ASIA PACIFIC: PRESSURE CONTROL EQUIPMENT MARKET, BY RENTAL, COMPONENT, 2020–2027 (USD MILLION)	133 
TABLE 75	ASIA PACIFIC: PRESSURE CONTROL EQUIPMENT MARKET, BY SERVICE, COMPONENT, 2020–2027 (USD MILLION)	133 
TABLE 76	ASIA PACIFIC: PRESSURE CONTROL EQUIPMENT MARKET, BY SPARE, COMPONENT, 2020–2027 (USD MILLION)	134 
TABLE 77	ASIA PACIFIC: PRESSURE CONTROL EQUIPMENT MARKET, BY PRESSURE, 2020–2027 (USD MILLION)	134 
11.3.1	BY COUNTRY	135 
TABLE 78	ASIA PACIFIC: PRESSURE CONTROL EQUIPMENT MARKET, BY COUNTRY, 2020–2027 (USD MILLION)	135 
11.3.1.1	China	135 
11.3.1.1.1	Government initiatives to increase oil production from unconventional resources to drive market	135 
TABLE 79	CHINA: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	136 
TABLE 80	CHINA: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	136 
11.3.1.2	India	136 
11.3.1.2.1	Redevelopment of legacy oilfields and government initiatives to improve exploration activities to augment market	136 
TABLE 81	INDIA: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	137 
TABLE 82	INDIA: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	137 
  
11.3.1.3	Australia	137 
11.3.1.3.1	Development of unconventional shale resources and rising focus on redeveloping mature fields to create growth opportunities	137 
TABLE 83	AUSTRALIA: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	138 
TABLE 84	AUSTRALIA: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	138 
11.3.1.4	Japan	138 
11.3.1.4.1	Japanese LNG projects to drive growth of pressure control equipment market	138 
TABLE 85	JAPAN: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	139 
TABLE 86	JAPAN: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	139 
11.3.1.5	Indonesia	139 
11.3.1.5.1	Increasing exploration and production activities in offshore regions to propel market	139 
TABLE 87	INDONESIA: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	140 
TABLE 88	INDONESIA: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	140 
11.3.1.6	Rest of Asia Pacific	140 
TABLE 89	REST OF ASIA PACIFIC: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	141 
TABLE 90	REST OF ASIA PACIFIC: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	141 
11.4	MIDDLE EAST & AFRICA	141 
TABLE 91	MIDDLE EAST & AFRICA: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	142 
TABLE 92	MIDDLE EAST & AFRICA: PRESSURE CONTROL EQUIPMENT MARKET, BY COMPONENT, 2020–2027 (USD MILLION)	142 
TABLE 93	MIDDLE EAST & AFRICA: PRESSURE CONTROL EQUIPMENT MARKET, BY FLOW CONTROL VALVES, 2020–2027 (USD MILLION)	143 
TABLE 94	MIDDLE EAST & AFRICA: PRESSURE CONTROL EQUIPMENT MARKET, BY FLOW CONTROL TREATING IRON, 2020–2027 (USD MILLION)	143 
TABLE 95	MIDDLE EAST & AFRICA: PRESSURE CONTROL EQUIPMENT MARKET, BY WELLHEAD EQUIPMENT, 2020–2027 (USD MILLION)	143 
TABLE 96	MIDDLE EAST & AFRICA: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	144 
TABLE 97	MIDDLE EAST & AFRICA: PRESSURE CONTROL EQUIPMENT MARKET, BY SALES TYPE, 2020–2027 (USD MILLION)	144 
TABLE 98	MIDDLE EAST & AFRICA: PRESSURE CONTROL EQUIPMENT MARKET, BY NEW PURCHASE, COMPONENT, 2020–2027 (USD MILLION)	144 
TABLE 99	MIDDLE EAST & AFRICA: PRESSURE CONTROL EQUIPMENT MARKET, BY RENTAL, COMPONENT, 2020–2027 (USD MILLION)	145 
TABLE 100	MIDDLE EAST & AFRICA: PRESSURE CONTROL EQUIPMENT MARKET, BY SERVICE, COMPONENT, 2020–2027 (USD MILLION)	145 
TABLE 101	MIDDLE EAST & AFRICA: PRESSURE CONTROL EQUIPMENT MARKET, BY SPARE, COMPONENT, 2020–2027 (USD MILLION)	146 
TABLE 102	MIDDLE EAST & AFRICA: PRESSURE CONTROL EQUIPMENT MARKET, BY PRESSURE, 2020–2027 (USD MILLION)	146 
11.4.1	BY COUNTRY	147 
TABLE 103	MIDDLE EAST & AFRICA: PRESSURE CONTROL EQUIPMENT MARKET, BY COUNTRY, 2020–2027 (USD MILLION)	147 
11.4.1.1	Saudi Arabia	147 
11.4.1.1.1	Increased crude production from onshore fields and surge in offshore exploration to drive market	147 
TABLE 104	SAUDI ARABIA: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	148 
TABLE 105	SAUDI ARABIA: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	148 
11.4.1.2	UAE	148 
11.4.1.2.1	Discoveries of unconventional resources to fuel demand for pressure control equipment	148 
TABLE 106	UAE: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	149 
TABLE 107	UAE: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	149 
11.4.1.3	South Africa	149 
11.4.1.3.1	Presence of large shale gas reserves in Karoo Basin to drive market	149 
TABLE 108	SOUTH AFRICA: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	150 
TABLE 109	SOUTH AFRICA: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	150 
11.4.1.4	Oman	150 
11.4.1.4.1	Rise in upstream activities corresponding to exploration and production of total oil reserves expected to increase demand	150 
TABLE 110	OMAN: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	151 
TABLE 111	OMAN: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	151 
11.4.1.5	Kuwait	151 
11.4.1.5.1	Upcoming and recent investments in oilfields likely to boost market growth	151 
TABLE 112	KUWAIT: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	152 
TABLE 113	KUWAIT: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	152 
11.4.1.6	Algeria	152 
11.4.1.6.1	Initiatives proposed and executed by upstream oilfield operators to drive demand for pressure control equipment	152 
TABLE 114	ALGERIA: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	153 
TABLE 115	ALGERIA: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	153 
11.4.1.7	Nigeria	153 
11.4.1.7.1	Rise in exploration activities and developments in mature oil and gas fields to boost market growth	153 
TABLE 116	NIGERIA: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	154 
TABLE 117	NIGERIA: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	154 
11.4.1.8	Egypt	154 
11.4.1.8.1	Upcoming and recent investments in oilfields likely to propel market growth	154 
TABLE 118	EGYPT: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	155 
TABLE 119	EGYPT: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	155 
11.4.1.9	Rest of Middle East &Africa	155 
TABLE 120	REST OF MIDDLE EAST & AFRICA: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	156 
TABLE 121	REST OF MIDDLE EAST & AFRICA: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	156 
11.5	EUROPE	156 
TABLE 122	EUROPE: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	157 
TABLE 123	EUROPE: PRESSURE CONTROL EQUIPMENT MARKET, BY COMPONENT, 2020–2027 (USD MILLION)	157 
TABLE 124	EUROPE: PRESSURE CONTROL EQUIPMENT MARKET, BY FLOW CONTROL VALVES, 2020–2027 (USD MILLION)	158 
TABLE 125	EUROPE: PRESSURE CONTROL EQUIPMENT MARKET, BY FLOW CONTROL TREATING IRON, 2020–2027 (USD MILLION)	158 
TABLE 126	EUROPE: PRESSURE CONTROL EQUIPMENT MARKET, BY WELLHEAD EQUIPMENT, 2020–2027 (USD MILLION)	158 
TABLE 127	EUROPE: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	159 
TABLE 128	EUROPE: PRESSURE CONTROL EQUIPMENT MARKET, BY SALES TYPE, 2020–2027 (USD MILLION)	159 
TABLE 129	EUROPE: PRESSURE CONTROL EQUIPMENT MARKET, BY NEW PURCHASE, COMPONENT, 2020–2027 (USD MILLION)	159 
TABLE 130	EUROPE: PRESSURE CONTROL EQUIPMENT MARKET, BY RENTAL, COMPONENT, 2020–2027 (USD MILLION)	160 
TABLE 131	EUROPE: PRESSURE CONTROL EQUIPMENT MARKET, BY SERVICE, COMPONENT, 2020–2027 (USD MILLION)	160 
TABLE 132	EUROPE: PRESSURE CONTROL EQUIPMENT MARKET, BY SPARE, COMPONENT, 2020–2027 (USD MILLION)	161 
TABLE 133	EUROPE: PRESSURE CONTROL EQUIPMENT MARKET, BY PRESSURE, 2020–2027 (USD MILLION)	161 
  
11.5.1	BY COUNTRY	162 
TABLE 134	EUROPE: PRESSURE CONTROL EQUIPMENT MARKET, BY COUNTRY, 2020–2027 (USD MILLION)	162 
11.5.1.1	UK	162 
11.5.1.1.1	Rising focus on increasing production from mature fields to drive market	162 
TABLE 135	UK: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	162 
TABLE 136	UK: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	163 
11.5.1.2	Russia	163 
11.5.1.2.1	Increasing exploration and production activities in Russia’s Far East region to boost market	163 
TABLE 137	RUSSIA: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	163 
TABLE 138	RUSSIA: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	164 
11.5.1.3	Germany	164 
11.5.1.3.1	New discoveries and upstream operations to drive market	164 
TABLE 139	GERMANY: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	164 
TABLE 140	GERMANY: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	164 
11.5.1.4	Norway	165 
11.5.1.4.1	Rapidly declining production from mature oil & gas fields and increase in exploration activities to fuel demand	165 
TABLE 141	NORWAY: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	165 
TABLE 142	NORWAY: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	165 
11.5.1.5	Rest of Europe	166 
TABLE 143	REST OF EUROPE: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	166 
TABLE 144	REST OF EUROPE: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	166 
11.6	SOUTH AMERICA	166 
TABLE 145	SOUTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	167 
TABLE 146	SOUTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY COMPONENT, 2020–2027 (USD MILLION)	167 
TABLE 147	SOUTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY FLOW CONTROL VALVES, 2020–2027 (USD MILLION)	168 
TABLE 148	SOUTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY FLOW CONTROL TREATING IRON, 2020–2027 (USD MILLION)	168 
TABLE 149	SOUTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY WELLHEAD EQUIPMENT, 2020–2027 (USD MILLION)	168 
TABLE 150	SOUTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	169 
TABLE 151	SOUTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY SALES TYPE, 2020–2027 (USD MILLION)	169 
TABLE 152	SOUTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY NEW PURCHASE, COMPONENT, 2020–2027 (USD MILLION)	169 
TABLE 153	SOUTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY RENTAL, COMPONENT, 2020–2027 (USD MILLION)	170 
TABLE 154	SOUTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY SERVICE, COMPONENT, 2020–2027 (USD MILLION)	170 
TABLE 155	SOUTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY SPARE, COMPONENT, 2020–2027 (USD MILLION)	171 
TABLE 156	SOUTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY PRESSURE, 2020–2027 (USD MILLION)	171 
11.6.1	BY COUNTRY	172 
TABLE 157	SOUTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY COUNTRY, 2020–2027 (USD MILLION)	172 
11.6.1.1	Brazil	172 
11.6.1.1.1	Increasing offshore exploration and production activities to boost market growth	172 
TABLE 158	BRAZIL: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	172 
TABLE 159	BRAZIL: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	173 
11.6.1.2	Argentina	173 
11.6.1.2.1	Shale developments to create high demand for pressure control equipment in Argentina	173 
TABLE 160	ARGENTINA: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	173 
TABLE 161	ARGENTINA: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	174 
11.6.1.3	Venezuela	174 
11.6.1.3.1	Lucrative government laws for exploration and production activities to boost market	174 
TABLE 162	VENEZUELA: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	174 
TABLE 163	VENEZUELA: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	174 
11.6.1.4	Rest of South America	175 
TABLE 164	REST OF SOUTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY TYPE, 2020–2027 (USD MILLION)	175 
TABLE 165	REST OF SOUTH AMERICA: PRESSURE CONTROL EQUIPMENT MARKET, BY APPLICATION, 2020–2027 (USD MILLION)	175 
12	COMPETITIVE LANDSCAPE	176 
12.1	KEY PLAYERS’ STRATEGIES	176 
TABLE 166	OVERVIEW OF KEY STRATEGIES ADOPTED BY TOP PLAYERS, 2018–2022	176 
12.2	MARKET SHARE ANALYSIS OF TOP 5 PLAYERS	178 
TABLE 167	PRESSURE CONTROL EQUIPMENT MARKET: DEGREE OF COMPETITION	178 
FIGURE 47	PRESSURE CONTROL EQUIPMENT MARKET SHARE ANALYSIS, 2021	179 
12.3	REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS	180 
FIGURE 48	TOP PLAYERS IN PRESSURE CONTROL EQUIPMENT MARKET FROM 2017 TO 2021	180 
12.4	COMPANY EVALUATION QUADRANT	181 
12.4.1	STARS	181 
12.4.2	PERVASIVE PLAYERS	181 
12.4.3	EMERGING LEADERS	181 
12.4.4	PARTICIPANTS	181 
FIGURE 49	PRESSURE CONTROL EQUIPMENT MARKET (GLOBAL) COMPANY EVALUATION MATRIX, 2021	182 
12.5	START-UP/SME EVALUATION QUADRANT, 2021	183 
12.5.1	PROGRESSIVE COMPANIES	183 
12.5.2	RESPONSIVE COMPANIES	183 
12.5.3	DYNAMIC COMPANIES	183 
12.5.4	STARTING BLOCKS	183 
FIGURE 50	PRESSURE CONTROL EQUIPMENT MARKET: START-UP/SME EVALUATION QUADRANT, 2021	184 
12.6	COMPETITIVE BENCHMARKING	185 
TABLE 168	PRESSURE CONTROL EQUIPMENT MARKET: DETAILED LIST OF KEY START-UPS/SMES	185 
TABLE 169	PRESSURE CONTROL EQUIPMENT MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES	186 
12.7	PRESSURE CONTROL EQUIPMENT MARKET: COMPANY FOOTPRINT	187 
TABLE 170	BY TYPE: COMPANY FOOTPRINT	187 
TABLE 171	BY APPLICATION: COMPANY FOOTPRINT	188 
TABLE 172	BY COMPONENT: COMPANY FOOTPRINT	189 
TABLE 173	BY SALES TYPE: COMPANY FOOTPRINT	190 
TABLE 174	BY PRESSURE: COMPANY FOOTPRINT	191 
TABLE 175	BY REGION: COMPANY FOOTPRINT	192 
TABLE 176	COMPANY FOOTPRINT	193 
12.8	COMPETITIVE SCENARIO	194 
TABLE 177	PRESSURE CONTROL EQUIPMENT MARKET: PRODUCT LAUNCHES, JANUARY 2019–OCTOBER 2022	194 
TABLE 178	PRESSURE CONTROL EQUIPMENT MARKET: DEALS, JANUARY 2019–OCTOBER 2022	194 
TABLE 179	PRESSURE CONTROL EQUIPMENT MARKET: OTHERS, JANUARY 2019–OCTOBER 2022	195 
13	COMPANY PROFILES	196 
(Business and financial overview, Products/Services/Solutions offered, Recent Developments, MNM view)* 
13.1	KEY PLAYERS	196 
13.1.1	SLB	196 
TABLE 180	SLB: COMPANY OVERVIEW	196 
FIGURE 51	SLB: COMPANY SNAPSHOT, 2021	197 
TABLE 181	SLB: PRODUCTS/SERVICES/SOLUTIONS OFFERED	197 
TABLE 182	SLB: DEALS	198 
TABLE 183	SLB: OTHERS	199 
13.1.2	WEATHERFORD	201 
TABLE 184	WEATHERFORD: COMPANY OVERVIEW	201 
FIGURE 52	WEATHERFORD: COMPANY SNAPSHOT, 2021	202 
TABLE 185	WEATHERFORD: PRODUCTS/SERVICES/SOLUTIONS OFFERED	202 
TABLE 186	WEATHERFORD: PRODUCT LAUNCHES	203 
TABLE 187	WEATHERFORD: OTHERS	203 
13.1.3	NOV INC	206 
TABLE 188	NOV INC: COMPANY OVERVIEW	206 
FIGURE 53	NOV INC: COMPANY SNAPSHOT, 2021	207 
TABLE 189	NOV INC: PRODUCTS/SERVICES/SOLUTIONS OFFERED	207 
TABLE 190	NOV INC: DEALS	208 
13.1.4	BAKER HUGHES COMPANY	210 
TABLE 191	BAKER HUGHES COMPANY: COMPANY OVERVIEW	210 
FIGURE 54	BAKER HUGHES COMPANY: COMPANY SNAPSHOT, 2021	211 
TABLE 192	BAKER HUGHES COMPANY: PRODUCTS/SERVICES/SOLUTIONS OFFERED	211 
TABLE 193	BAKER HUGHES COMPANY: PRODUCT LAUNCHES	212 
TABLE 194	BAKER HUGHES COMPANY: DEALS	212 
TABLE 195	BAKER HUGHES COMPANY: OTHERS	213 
13.1.5	THE WEIR GROUP PLC	215 
TABLE 196	THE WEIR GROUP PLC: COMPANY OVERVIEW	215 
FIGURE 55	THE WEIR GROUP PLC: COMPANY SNAPSHOT, 2021	216 
TABLE 197	THE WEIR GROUP PLC: PRODUCTS/SERVICES/SOLUTIONS OFFERED	216 
TABLE 198	THE WEIR GROUP PLC: PRODUCT LAUNCHES	217 
TABLE 199	THE WEIR GROUP PLC: OTHERS	218 
13.1.6	HUNTING	220 
TABLE 200	HUNTING: COMPANY OVERVIEW	220 
FIGURE 56	HUNTING: COMPANY SNAPSHOT, 2021	220 
TABLE 201	HUNTING: PRODUCTS/SERVICES/SOLUTIONS OFFERED	221 
TABLE 202	HUNTING: DEALS	223 
13.1.7	EMERSON ELECTRIC CO.	224 
TABLE 203	EMERSON ELECTRIC CO.: COMPANY OVERVIEW	224 
FIGURE 57	EMERSON ELECTRIC CO.: COMPANY SNAPSHOT, 2021	225 
TABLE 204	EMERSON ELECTRIC CO.: PRODUCTS/SERVICES/SOLUTIONS OFFERED	225 
TABLE 205	EMERSON ELECTRIC CO.: PRODUCT LAUNCHES	226 
TABLE 206	EMERSON ELECTRIC CO.: DEALS	227 
TABLE 207	EMERSON ELECTRIC CO.: OTHERS	228 
  
13.1.8	FLOWSERVE	229 
TABLE 208	FLOWSERVE: COMPANY OVERVIEW	229 
FIGURE 58	FLOWSERVE: COMPANY SNAPSHOT, 2021	230 
TABLE 209	FLOWSERVE: PRODUCTS/SERVICES/SOLUTIONS OFFERED	230 
TABLE 210	FLOWSERVE.: DEALS	231 
TABLE 211	FLOWSERVE: OTHERS	232 
13.1.9	IKM PRESSURE CONTROL AS	233 
TABLE 212	IKM PRESSURE CONTROL AS: COMPANY OVERVIEW	233 
TABLE 213	IKM PRESSURE CONTROL AS: PRODUCTS/SERVICES/SOLUTIONS OFFERED	233 
TABLE 214	IKM PRESSURE CONTROL AS: DEALS	234 
TABLE 215	IKM PRESSURE CONTROL AS: OTHERS	234 
13.1.10	CONTROL FLOW	235 
TABLE 216	CONTROL FLOW: COMPANY OVERVIEW	235 
TABLE 217	CONTROL FLOW: PRODUCTS/SERVICES/SOLUTIONS OFFERED	235 
TABLE 218	CONTROL FLOW: PRODUCT LAUNCHES	236 
13.2	OTHER PLAYERS	237 
13.2.1	BRACE TOOL	237 
13.2.2	SUNNDA CORPORATION	238 
13.2.3	GKD INDUSTRIES LTD.	239 
13.2.4	TIS MANUFACTURING	240 
13.2.5	NXL TECHNOLOGIES	241 
13.3	FHE	241 
13.3.1	IOT GROUP	242 
13.3.2	INTEGRATED EQUIPMENT	243 
13.4	OMEGA PRESSURE CONTROL EQUIPMENT	244 
13.4.1	ALLIED VALVE INC	245 
*Details on Business and financial overview, Products/Services/Solutions offered, Recent Developments, MNM view might not be captured in case of unlisted companies. 
14	APPENDIX	246 
14.1	INSIGHTS OF INDUSTRY EXPERTS	246 
14.2	DISCUSSION GUIDE	247 
14.3	KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL	252 
14.4	CUSTOMIZATION OPTIONS	254 
14.5	RELATED REPORTS	254 
14.6	AUTHOR DETAILS	255 |