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Global Perforating Gun Market 2019-2023

Global Perforating Gun Market 2019-2023

About Perforating Gun

A perforating gun is used for punching holes in the well casting and cement sheath to create a flow path between the well and reservoir so that hydrocarbons can flow from the reservoir into the well.

Technavio’s analysts forecast the global perforating gun market to grow at a CAGR of 5.07% during the period 2019-2023.

Covered in this report

The report covers the present scenario and the growth prospects of the global perforating gun market for 2019-2023. To calculate the market size, the report considers the revenue generated from the use of agricultural films in different applications

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Perforating Gun Market 2019-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AECOM
  • Babcock International Group
  • Bechtel
  • Holtec International
  • Orano
Market driver
  • Rise in energy demand
  • For a full, detailed list, view our report
Market challenge
  • Increase in renewable energy investments
  • For a full, detailed list, view our report
Market trend
  • Innovation in perforation technology
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2023 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Perforating Gun Market 2019-2023

Technavio recognizes the following companies as the key players in the global perforating gun market: AECOM, Babcock International Group, Bechtel, Holtec International, Orano.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the increase in upstream oil and gas investments. Owing to the increase in investments, the activities in the upstream oil and gas segment are proliferating. This increase in upstream oil and gas investments is likely to boost the growth of the global perforating gun market during the forecast period.

According to the report, one of the major drivers for this market is the rise in oil and gas E&P activities. E&P is an upstream oil and gas activity that is performed to find and produce underlying oil and gas resources.

Further, the report states that one of the major factors hindering the growth of this market is the fluctuation in crude oil. The fluctuation of crude oil prices has pressurized many oil and gas companies which led to postpone E&P projects as the production of crude oil at low cost generation.

Companies Mentioned

AECOM

Babcock International Group

Bechtel

Holtec International

Orano

  • Executive summary
  • Scope of the report
  • Market landscape
    • Market ecosystem
      • Table Global oilfield equipment and services market
      • Table Segments of global oilfield equipment and services market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Onshore - Market size and forecast 2018-2023
      • Table Onshore - Market size and forecast 2018-2023 ($ millions)
      • Table Onshore - Year-over-year growth 2019-2023 (%)
    • Offshore - Market size and forecast 2018-2023
      • Table Offshore - Market size and forecast 2018-2023 ($ millions)
      • Table Offshore - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Increasing applications of IoT in oil and gas industry
    • Increase in upstream oil and gas investments
    • Innovation in perforation technology
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Baker Hughes
      • Table Baker Hughes - Vendor overview
      • Table Baker Hughes - Business segments
      • Table Baker Hughes - Organizational developments
      • Table Baker Hughes - Geographic focus
      • Table Baker Hughes - Segment focus
      • Table Baker Hughes - Key offerings
    • Halliburton
      • Table Halliburton - Vendor overview
      • Table Halliburton - Business segments
      • Table Halliburton - Organizational developments
      • Table Halliburton - Geographic focus
      • Table Halliburton - Segment focus
      • Table Halliburton - Key offerings
    • Hunting
      • Table Hunting - Vendor overview
      • Table Hunting - Organizational developments
      • Table Hunting - Segment focus
      • Table Hunting - Key offerings
    • National Oilwell Varco
      • Table National Oilwell Varco - Vendor overview
      • Table National Oilwell Varco - Business segments
      • Table National Oilwell Varco - Organizational developments
      • Table National Oilwell Varco - Geographic focus
      • Table National Oilwell Varco - Segment focus
      • Table National Oilwell Varco - Key offerings
    • Schlumberger
      • Table Schlumberger - Vendor overview
      • Table Schlumberger - Business segments
      • Table Schlumberger - Organizational developments
      • Table Schlumberger - Geographic focus
      • Table Schlumberger - Segment focus
      • Table Schlumberger - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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