Global Pressure Control Equipment Market Size, Trends and Growth opportunity, By Component (Valves, Control Head, Wellhead Flange), By Type (High Pressure (Above 10,000 PSI), Low Pressure (Below 10,000 PSI), By Application (Offshore, Onshore), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027. 
Global Pressure Control Equipment Market 
Global Pressure Control Equipment Market was valued at USD 6.7 billion in 2021 and is expected to reach USD 8.11 billion by 2027, at a CAGR 2.73% from 2022-2027.
Pressure Control Equipment is equipment which helps in maintaining the optimal pressure levels inside a wellbore when any well intervention operations are performed by an operator in any arduous and easy conditions. Pressure regulators are those valves that work by cutting off the flow of a gas or liquid when it hits a certain pressure. Control equipment can be general ventilation, extraction systems such as enclosure, local exhaust ventilation, and where the air cannot be cleaned, refuges and respiratory protective equipment. 
Market Drivers
The increase in demand for new advanced technology, tools, and equipment to improve the efficiency of production and exploration activities in onshore and offshore areas is expected to grow the pressure control equipment market.
Furthermore, rising adoption of pressure control equipment in the oil & gas industry for drilling operation is another major driving factor for the global pressure control equipment market.
Market Restraints
Various declining drilling activities and rig counts can hamper the growth of the pressure control equipment market. Also, the volatile oil prices over a few years, owing to the supply-demand gap, geopolitics, and many other factors, have been restraining the demand for the pressure control equipment market.
Market Segmentation
The Global Pressure Control Equipment Market is segmented into component, type, application, and region.
Based on component, the global pressure control equipment market can be segmented into: Wireline Valves, Control Heads, Quick Unions, Flow Tree, Wellhead Flanges, and Adapter Flanges.
Regional Analysis
The Global Pressure Control Equipment Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The Asia-Pacific region is expected to dominate the Pressure Control Equipment market. The region is primarily driven by the demand for oil in developing nations, which is anticipated to surpass industrialized nations soon, primarily due to strong demand from China, India, and other developing economies throughout Asia, which are continuing to experience strong economic growth. The market is expected to expand as more wells are dug due to increased efforts to find coal seam gas and shale gas and favorable oil and gas prices in the region.
Key Players
Various key players are discussed in the Global Pressure Control Equipment Market Report including: Control Systems Ltd., Baker Hughes, Schlumberger Limited, National Oilwell Varco, The Weir Group PLC, Lee Specialties, Brace Tool, Emerson Electric, Co. Weatherford International, PLC, and FHE USA LLC.
Market Taxonomy
By Component
•    Valves
•    Control Head
•    Wellhead Flange
•    Christmas Tree (Flow Tee)
•    Adapter Flange
•    Quick Unions
•    Others
By Type
•    High Pressure (Above 10,000 PSI)
•    Low Pressure (Below 10,000 PSI)
By Application
•    Offshore
•    Onshore
By Region
•    North America
•    Latin America
•    Europe
•    Asia Pacific
•    Middle East & Africa

Global Pressure Control Equipment Market
1 Introduction    
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Pressure Control Equipment Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Pressure Control Equipment Market, By Component
5.1 Y-o-Y Growth Comparison, By Component
5.2 Global Pressure Control Equipment Market Share Analysis, By Component
5.3 Global Pressure Control Equipment Market Size and Forecast, By Component
5.3.1 Valves
5.3.2 Control Head
5.3.3 Wellhead Flange
5.3.4 Christmas Tree (Flow Tee)
5.3.5 Adapter Flange
5.3.6 Quick Unions
5.3.7 Others
6 Global Pressure Control Equipment Market, By Type
6.1 Y-o-Y Growth Comparison, By Type
6.2 Global Pressure Control Equipment Market Share Analysis, By Type
6.3 Global Pressure Control Equipment Market Size and Forecast, By Type
6.3.1 High Pressure (Above 10,000 PSI)
6.3.2 Low Pressure (Below 10,000 PSI)
7 Global Pressure Control Equipment Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Pressure Control Equipment Market Share Analysis, By Application
7.3 Global Pressure Control Equipment Market Size and Forecast, By Application
7.3.1 Offshore
7.3.2 Onshore
8 Global Pressure Control Equipment Market, By Region
8.1 Global Pressure Control Equipment Market Share Analysis, By Region
8.2 Global Pressure Control Equipment Market Share Analysis, By Region
8.3 Global Pressure Control Equipment Market Size and Forecast, By Region
9 North America Pressure Control Equipment Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Pressure Control Equipment Market Share Analysis, By Component
9.3 North America Pressure Control Equipment Market Share Analysis, By Type
9.4 North America Pressure Control Equipment Market Size and Forecast, By Application
9.5 North America Pressure Control Equipment Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Pressure Control Equipment Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Pressure Control Equipment Market Share Analysis, By Component
10.3 Europe Pressure Control Equipment Market Share Analysis, By Type
10.4 Europe Pressure Control Equipment Market Size and Forecast, By Application
10.5 Europe Pressure Control Equipment Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Pressure Control Equipment Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Pressure Control Equipment Market Share Analysis, By Component
11.3 Asia Pacific Pressure Control Equipment Market Share Analysis, By Type
11.4 Asia Pacific Pressure Control Equipment Market Size and Forecast, By Application
11.5 Asia Pacific Pressure Control Equipment Market Size and Forecast, By Country
11.5.1 China    
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Pressure Control Equipment Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Pressure Control Equipment Market Share Analysis, By Component
12.3 Latin America Pressure Control Equipment Market Share Analysis, By Type
12.4 Latin America Pressure Control Equipment Market Size and Forecast, By Application
12.5 Latin America Pressure Control Equipment Market Size and Forecast, Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Pressure Control Equipment Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Pressure Control Equipment Market Share Analysis, By Component
13.3 Middle East Pressure Control Equipment Market Share Analysis, By Type
13.4 Middle East Pressure Control Equipment Market Size and Forecast, By Application
13.5 Middle East Pressure Control Equipment Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Control Systems Ltd.
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Baker Hughes
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.25 Key Market Developments
15.2.6 Key Strategies
15.3 Schlumberger Limited
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 National Oilwell Varco
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 The Weir Group PLC
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Lee Specialties
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Brace Tool
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies    
15.8 Emerson Electric, Co.
15. 8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Weatherford International, PLC,
15.9.1 Overview
15.9.2 Offerings
15.4.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 FHE USA LLC.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies