Subsurface safety valve is a downhole tool installed in oil and gas Wells, which can be shut down in case of fire alarm in production facilities, pipeline rupture or irresistible natural disasters.
This report contains market size and forecasts of Subsurface Safety Valves in global, including the following market information:
Global Subsurface Safety Valves Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Subsurface Safety Valves Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Subsurface Safety Valves companies in 2021 (%)
The global Subsurface Safety Valves market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Ground Control Safety Valves Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Subsurface Safety Valves include Halliburton, Schlumberger, GE(Baker Hughes), Tejas, American Completion Tools and SUNRY, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Subsurface Safety Valves manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Subsurface Safety Valves Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Subsurface Safety Valves Market Segment Percentages, by Type, 2021 (%)
Ground Control Safety Valves
Subsurface Control Safety Valves
Global Subsurface Safety Valves Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Subsurface Safety Valves Market Segment Percentages, by Application, 2021 (%)
Oil
Gas
Other
Global Subsurface Safety Valves Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Subsurface Safety Valves Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Subsurface Safety Valves revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Subsurface Safety Valves revenues share in global market, 2021 (%)
Key companies Subsurface Safety Valves sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Subsurface Safety Valves sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Halliburton
Schlumberger
GE(Baker Hughes)
Tejas
American Completion Tools
SUNRY