| Product Code: ETC7473608 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Hong Kong blowout preventer (BOP) import market experienced significant growth in 2024, with top exporting countries being China, Switzerland, Germany, Belgium, and the USA. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), increased from high to very high in just one year, indicating a more consolidated market. The impressive Compound Annual Growth Rate (CAGR) of 19.65% from 2020 to 2024 highlights the strong demand for BOPs in Hong Kong. The exceptional growth rate of 274.84% from 2023 to 2024 suggests a rapid expansion in import volumes during that period.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hong Kong Blowout Preventer (BOP) Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Blowout Preventer (BOP) Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Blowout Preventer (BOP) Market - Industry Life Cycle |
3.4 Hong Kong Blowout Preventer (BOP) Market - Porter's Five Forces |
3.5 Hong Kong Blowout Preventer (BOP) Market Revenues & Volume Share, By Configuration, 2021 & 2031F |
3.6 Hong Kong Blowout Preventer (BOP) Market Revenues & Volume Share, By Location, 2021 & 2031F |
4 Hong Kong Blowout Preventer (BOP) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing offshore drilling activities in Hong Kong |
4.2.2 Stringent safety regulations and standards in the oil and gas industry |
4.2.3 Growing investments in oil and gas exploration and production in the region |
4.3 Market Restraints |
4.3.1 Volatility in oil prices impacting exploration and production activities |
4.3.2 Environmental concerns leading to stricter regulations on offshore drilling |
4.3.3 Competition from alternative technologies for well control and blowout prevention |
5 Hong Kong Blowout Preventer (BOP) Market Trends |
6 Hong Kong Blowout Preventer (BOP) Market, By Types |
6.1 Hong Kong Blowout Preventer (BOP) Market, By Configuration |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Blowout Preventer (BOP) Market Revenues & Volume, By Configuration, 2021- 2031F |
6.1.3 Hong Kong Blowout Preventer (BOP) Market Revenues & Volume, By Annular BOP, 2021- 2031F |
6.1.4 Hong Kong Blowout Preventer (BOP) Market Revenues & Volume, By Ram BOP, 2021- 2031F |
6.2 Hong Kong Blowout Preventer (BOP) Market, By Location |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Blowout Preventer (BOP) Market Revenues & Volume, By Onshore, 2021- 2031F |
6.2.3 Hong Kong Blowout Preventer (BOP) Market Revenues & Volume, By Offshore, 2021- 2031F |
7 Hong Kong Blowout Preventer (BOP) Market Import-Export Trade Statistics |
7.1 Hong Kong Blowout Preventer (BOP) Market Export to Major Countries |
7.2 Hong Kong Blowout Preventer (BOP) Market Imports from Major Countries |
8 Hong Kong Blowout Preventer (BOP) Market Key Performance Indicators |
8.1 Number of new offshore drilling projects in Hong Kong |
8.2 Adoption rate of advanced blowout preventer technologies in the region |
8.3 Frequency of safety incidents or blowouts in offshore drilling operations |
8.4 Utilization rate of blowout preventers in drilling activities |
8.5 Rate of compliance with safety regulations related to blowout preventers |
9 Hong Kong Blowout Preventer (BOP) Market - Opportunity Assessment |
9.1 Hong Kong Blowout Preventer (BOP) Market Opportunity Assessment, By Configuration, 2021 & 2031F |
9.2 Hong Kong Blowout Preventer (BOP) Market Opportunity Assessment, By Location, 2021 & 2031F |
10 Hong Kong Blowout Preventer (BOP) Market - Competitive Landscape |
10.1 Hong Kong Blowout Preventer (BOP) Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Blowout Preventer (BOP) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |