Global Perforating Gun Market Growth 2023-2029

Global Perforating Gun Market Growth 2023-2029

A perforating gun for perforating earth formations, primarily in oil and gas wells. The gun includes a straight metal tube in which explosive jet charges are carried.

LPI (LP Information)' newest research report, the “Perforating Gun Industry Forecast” looks at past sales and reviews total world Perforating Gun sales in 2022, providing a comprehensive analysis by region and market sector of projected Perforating Gun sales for 2023 through 2029. With Perforating Gun sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Perforating Gun industry.

This Insight Report provides a comprehensive analysis of the global Perforating Gun landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Perforating Gun portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Perforating Gun market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Perforating Gun and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Perforating Gun.

The global Perforating Gun market size is projected to grow from US$ 2046.5 million in 2022 to US$ 3457.7 million in 2029; it is expected to grow at a CAGR of 3457.7 from 2023 to 2029.

Global Perforating Gun key players include Schlumberger, Core Laboratories, Halliburton, Hunting PLC, etc. Global top four manufacturers hold a share over 35%.

Mideast & Africa is the largest market, with a share about 33%, followed by North America and Europe, both have a share about 55 percent.

In terms of product, WCP Type is the largest segment, with a share over 70%. And in terms of application, the largest application is Horizontal Well, followed by Vertical Well.

This report presents a comprehensive overview, market shares, and growth opportunities of Perforating Gun market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

WCP Type

TCP Type

Segmentation by application

Vertical Well

Horizontal Well

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Schlumberger

Core Laboratories

Halliburton

Hunting PLC

GE(Baker Hughes)

Weatherford

National Oilwell Varco

CNPC

Dynaenergetics

Sinopec

Promperforator

Zao Ntf Perfotech

Key Questions Addressed in this Report

What is the 10-year outlook for the global Perforating Gun market?

What factors are driving Perforating Gun market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Perforating Gun market opportunities vary by end market size?

How does Perforating Gun break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.