The Global Perforating Gun Market was valued at USD 732.42 million in 2016 and is projected to reach USD 1014.83 million by 2025, growing at a CAGR of 3.69% from 2017 to 2025.
Perforating Gun is a device that is used to perforate oil and gas wells in preparation for production. The main objective of a perforating gun is to provide effective flow communication between a cased wellbore and a productive reservoir. Benefits of using Perforating Gun include - enhanced operational efficiency, safer, flexible options, cleaner, reduced completion costs, and providing a safer work environment.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Advances in perforation technology
1.2 Reperforation of old wells
1.3 Rising in the average well depth over the years
1.4 Increasing oil & gas production
1.5 Increasing complexity of reservoir conditions
2. Market Restraints
2.1 Rising usage of renewable energy
2.2 Reduction in the number of newly drilled wells
2.3 Success rate of exploration
Market Segmentation:
The Global Perforating Gun Market is segmented on the well type, gun type, depth, well pressure, and region.
1. Well Type:
1.1 Horizontal
1.2 Vertical
2. By Gun Type:
2.1 Through Tubing Strip
2.2 Tubing Conveyed Perforating
2.3 Wireline Conveyed Casing
2.4 Through Tubing Hollow Carrier
3. By Depth:
3.1 Up to 3,000 ft.
3.2 3,000-8,000 ft.
3.3 Above 8,000 ft.
4. By Well Pressure:
4.1 Low Pressure
4.2 High Pressure
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Schlumberger
2. Halliburton
3. Dynaenergetics
4. Yellow Jacket Oil Tool
5. Core Laboratories
6. Zao Ntf Perfotech
7. Fhe USA
8. Oiltech Service
9. Baker Hughes
10. Weatherford
11. National Oilwell Varco
12. Hunting PLC
13. Promperforator
14. Shaanxi Fype Rigid Machinery
15. Tassaroli
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Perforating Gun Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL PERFORATING GUN MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL PERFORATING GUN 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
4.5 Regulatory Framework
5 GLOBAL PERFORATING GUN MARKET , BY WELL TYPE
5.1 Overview
5.2 Horizontal
5.3 Vertical
6 GLOBAL PERFORATING GUN MARKET , BY GUN TYPE
6.1 Overview
6.2 Through Tubing Strip
6.3 Tubing Conveyed Perforating
6.4 Wireline Conveyed Casing
6.5 Through Tubing Hollow Carrier
7 GLOBAL PERFORATING GUN MARKET , BY DEPTH
7.1 Overview
7.2 Up to 3,000 ft.
7.3 3,000-8,000 ft.
7.4 Above 8,000 ft.
8 GLOBAL PERFORATING GUN MARKET , BY WELL PRESSURE
8.1 Overview
8.2 Low Pressure
8.3 High Pressure
9 GLOBAL PERFORATING GUN MARKET , BY GEOGRAPHY
9.1 Overview
9.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
9.3.1 Germany
9.3.2 U.K.
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
9.5.1 Brazil
9.5.2 Argentina
9.6 Rest of the World Regional Market Estimates and Forecasts, 2012 - 2025
10 GLOBAL PERFORATING GUN MARKET COMPETITIVE LANDSCAPE
10.1 Overview
10.2 Company Market Share
10.3 Vendor Landscape
10.4 Key Development Strategies
11 COMPANY PROFILES
11.1 Schlumberger
11.1.1 Overview
11.1.2 Financial Performance
11.1.3 Product Outlook
11.1.4 Key Developments
11.2 Halliburton
11.2.1 Overview
11.2.2 Financial Performance
11.2.3 Product Outlook
11.2.4 Key Developments
11.3 Dynaenergetics
11.3.1 Overview
11.3.2 Financial Performance
11.3.3 Product Outlook
11.3.4 Key Developments
11.4 Yellow Jacket Oil Tool
11.4.1 Overview
11.4.2 Financial Performance
11.4.3 Product Outlook
11.4.4 Key Developments
11.5 Core Laboratories
11.5.1 Overview
11.5.2 Financial Performance
11.5.3 Product Outlook
11.5.4 Key Developments
11.6 Zao Ntf Perfotech
11.6.1 Overview
11.6.2 Financial Performance
11.6.3 Product Outlook
11.6.4 Key Developments
11.7 Fhe USA
11.7.1 Overview
11.7.2 Financial Performance
11.7.3 Product Outlook
11.7.4 Key Developments
11.8 Oiltech Service
11.8.1 Overview
11.8.2 Financial Performance
11.8.3 Product Outlook
11.8.4 Key Developments
11.9 Baker Hughes
11.9.1 Overview
11.9.2 Financial Performance
11.9.3 Product Outlook
11.9.4 Key Developments
11.10 Weatherford
11.10.1 Overview
11.10.2 Financial Performance
11.10.3 Product Outlook
11.10.4 Key Developments
11.11 National Oilwell Varco
11.11.1 Overview
11.11.2 Financial Performance
11.11.3 Product Outlook
11.11.4 Key Developments
11.12 Hunting PLC
11.12.1 Overview
11.12.2 Financial Performance
11.12.3 Product Outlook
11.12.4 Key Developments
11.13 Promperforator
11.13.1 Overview
11.13.2 Financial Performance
11.13.3 Product Outlook
11.13.4 Key Developments
11.14 Shaanxi Fype Rigid Machinery
11.14.1 Overview
11.14.2 Financial Performance
11.14.3 Product Outlook
11.14.4 Key Developments
11.15 Tassaroli
11.15.1 Overview
11.15.2 Financial Performance
11.15.3 Product Outlook
11.15.4 Key Developments
12 Appendix
12.1 Related Reports
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Summary
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Snapshot
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Summary
HeyReport estimates that the Perforating Gun market size will grow from xxx Million USD in 2020 to xxxx Million USD by 2025, and with a CAGR of xx%. The base year considered for this report is 2019, and the market forecast is projected from 2021 to 2025.
In this rep...