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Perforating Gun Market by Gun Type (Wireline Conveyed, Tubing Hollow Carrier, Tubing Strip, Tubing Conveyed), Depth (Up to 3000ft, 3000–8000ft, Above 8000ft), Well Type (Horizontal, Vertical), Well Pressure (High, Low), and Region - Global Forecast to 202

Perforating Gun Market by Gun Type (Wireline Conveyed, Tubing Hollow Carrier, Tubing Strip, Tubing Conveyed), Depth (Up to 3000ft, 3000–8000ft, Above 8000ft), Well Type (Horizontal, Vertical), Well Pressure (High, Low), and Region - Global Forecast to 2022

“The perforating gun market is projected to grow at a CAGR of 3.71%, from 2017 to 2022.”
The perforating gun market is projected to reach USD 898.7 million by 2022, at a CAGR of 3.71%, from 2017 to 2022. The increase in oil & gas production, increased shale exploration, growing complexity of reservoir conditions, and increase in average well depth over the years are the major drivers of the perforating gun market.

The increase in demand for oil and scarcity of supply due to a drop in oil production by OPEC and non-OPEC countries to stabilize oil prices has led to investments in the upstream oil & gas activities. The major oil & gas companies see the increasing demand as an opportunity for their upstream businesses, which will ultimately drive the perforating gun market. Increasing focus on renewable energy resources for producing electricity could hinder the oil & gas industry, which could impact the market for perforating guns.

“The wireline conveyed casing sub-segment of the gun type segment is expected to grow at the highest CAGR, from 2017 to 2022.”
The wireline conveyed casing gun sub-segment is estimated to be the largest gun type market during the forecast period.

There are various advantages of wireline conveyed casing guns over other wireline guns which make them the preferred choice in most well formations. These include high charge performance, low cost of the gun, high pressure and temperature ratings, high electrical and mechanical reliability, minimal casing damage, and minimal debris. These guns provide functions such as instant shot detection, multi-phasing, and variable shot densities of 1 to 12 shots per foot. These factors are expected to drive the wireline conveyed casing gun market.

“North America: The fastest growing market for perforating guns.”
The market in North America is expected to be the fastest-growing market for perforating guns, closely followed by the Middle East. The US, Canadian, and Mexican governments are looking to invest heavily in the upstream oil & gas industry to reduce imports and move toward self-sustainability.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 60%, Tier 2- 27%, Tier 3- 13%
By Designation: C-Level- 35%, Manager Level- 25%, Others- 40%
By Region: North America- 60%, Europe- 30%, Asia-Pacific- 10%

Note: The tier of the companies has been defined on the basis of their total revenue; as of 2015: Tier 1 = >USD 20 billion, Tier 2 = USD 10 billion to USD 20 billion, and Tier 3 = <USD 10 billion.

The leading players in the perforating gun market include Baker Hughes (US), Schlumberger (US), Halliburton (US), Weatherford (US), National Oilwell Varco (US), DynaEnergetics (Germany), Hunting (UK), and Yellow Jacket Oil Tools (US).

Research Coverage:
The report defines, describes, and forecasts the global perforating gun market by gun type, well type, well depth, well pressure, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, challenges, and key issues. It also covers various important aspects of the market.

Why Buy this Report?
The report identifies and addresses key solution operators for perforating guns which would help solution providers review the growth in the demand for services.
The report helps solution providers understand the pulse of the market and provides insights into drivers, restraints, and challenges.
The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • PERFORATING GUNS MARKET: MARKET SEGMENTATION
      • REGIONAL SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
      • ASSUMPTIONS OF THE RESEARCH STUDY
  • EXECUTIVE SUMMARY
    • Table PERFORATING GUN MARKET SNAPSHOT
  • PREMIUM INSIGHTS
    • PERFORATING GUN MARKET, BY COUNTRY
    • PERFORATING GUN MARKET, BY WELL TYPE
    • PERFORATING GUN MARKET, BY WELL PRESSURE
    • PERFORATING GUN MARKET, BY GUN TYPE
    • NORTH AMERICAN PERFORATING GUN MARKET
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • PERFORATING GUN MARKET ECOSYSTEM
      • EQUIPMENT MANUFACTURERS
      • SYSTEMS PROVIDERS
      • OILFIELD OPERATORS
  • PERFORATING GUN MARKET, BY GUN TYPE
    • INTRODUCTION
      • Table PERFORATING GUN MARKET SIZE, BY GUN TYPE, 2015-2022 (USD MILLION)
    • THROUGH TUBING HOLLOW CARRIER
      • Table THROUGH TUBING HOLLOW CARRIER: PERFORATING GUN MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • WIRELINE CONVEYED CASING
      • Table WIRELINE CONVEYED CASING: PERFORATING GUN MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • THROUGH TUBING STRIP
      • Table THROUGH TUBING STRIP: PERFORATING GUN MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • TUBING CONVEYED PERFORATING
      • Table TUBING CONVEYED PERFORATING: PERFORATING GUN MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • PERFORATING GUN MARKET, BY DEPTH
    • INTRODUCTION
      • Table PERFORATING GUN MARKET SIZE, BY DEPTH, 2015-2022 (USD MILLION)
    • UP TO 3,000 FT.
      • Table UP TO 3,000 FT.: PERFORATING GUN MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • 3,000-8,000 FT.
      • Table 3,000-8,000 FT.: PERFORATING GUN MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • ABOVE 8,000 FT.
      • Table ABOVE 8,000 FT.: PERFORATING GUN MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • PERFORATING GUN MARKET, BY WELL TYPE
    • INTRODUCTION
      • Table THE VERTICAL WELL SEGMENT IS EXPECTED TO HOLD THE LARGEST MARKET SHARE DURING THE FORECAST PERIOD
      • Table PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
    • HORIZONTAL
      • Table HORIZONTAL: PERFORATING GUN MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • VERTICAL
      • Table VERTICAL: PERFORATING GUN MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • PERFORATING GUN MARKET, BY WELL PRESSURE
    • INTRODUCTION
      • Table PERFORATING GUN MARKET SIZE, BY WELL PRESSURE, 2015-2022 (USD MILLION)
    • HIGH PRESSURE
      • Table HIGH PRESSURE: PERFORATING GUN MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • LOW PRESSURE
      • Table LOW PRESSURE: PERFORATING GUN MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • PERFORATING GUN MARKET, BY REGION
    • INTRODUCTION
      • Table PERFORATING GUN MARKET, BY REGION, 2015-2022 (USD MILLION)
    • NORTH AMERICA
      • BY GUN TYPE
        • Table NORTH AMERICA: PERFORATING GUN MARKET SIZE, BY GUN TYPE, 2015-2022 (USD MILLION)
      • BY WELL TYPE
        • Table NORTH AMERICA: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
      • BY WELL PRESSURE
        • Table NORTH AMERICA: PERFORATING GUN MARKET SIZE, BY WELL PRESSURE, 2015-2022 (USD MILLION)
      • BY DEPTH
        • Table NORTH AMERICA: PERFORATING GUN MARKET SIZE, BY DEPTH, 2015-2022 (USD MILLION)
      • BY COUNTRY
        • Table NORTH AMERICA: PERFORATING GUN MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
        • Table US: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table CANADA: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table MEXICO: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
    • SOUTH AMERICA
      • BY GUN TYPE
        • Table SOUTH AMERICA: PERFORATING GUN MARKET SIZE, BY GUN TYPE, 2015-2022 (USD MILLION)
      • BY WELL TYPE
        • Table SOUTH AMERICA: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
      • BY WELL PRESSURE
        • Table SOUTH AMERICA: PERFORATING GUN MARKET SIZE, BY WELL PRESSURE, 2015-2022 (USD MILLION)
      • BY DEPTH
        • Table SOUTH AMERICA: PERFORATING GUN MARKET SIZE, BY DEPTH, 2015-2022 (USD MILLION)
      • BY COUNTRY
        • Table SOUTH AMERICA: PERFORATING GUN MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
        • Table VENEZUELA: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table BRAZIL: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table ECUADOR: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table ARGENTINA: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table REST OF SOUTH AMERICA: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
    • EUROPE
      • BY WELL TYPE
        • Table EUROPE: PERFORATING GUN MARKET SIZE, BY GUN TYPE, 2015-2022 (USD MILLION)
      • BY WELL TYPE
        • Table EUROPE: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
      • BY WELL PRESSURE
        • Table EUROPE: PERFORATING GUN MARKET SIZE, BY WELL PRESSURE, 2015-2022 (USD MILLION)
      • BY DEPTH
        • Table EUROPE: PERFORATING GUN MARKET SIZE, BY DEPTH, 2015-2022 (USD MILLION)
      • BY COUNTRY
        • Table EUROPE: PERFORATING GUN MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
        • Table RUSSIA: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table UK: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table NORWAY: PERFORATING GUN MARKET, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table KAZAKHSTAN: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table REST OF EUROPE: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
    • ASIA PACIFIC
      • BY GUN TYPE
        • Table ASIA PACIFIC: PERFORATING GUN MARKET SIZE, BY GUN TYPE, 2015-2022 (USD MILLION)
      • BY WELL TYPE
        • Table ASIA PACIFIC: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
      • BY WELL PRESSURE
        • Table ASIA PACIFIC: PERFORATING GUN MARKET SIZE, BY WELL PRESSURE, 2015-2022 (USD MILLION)
      • BY DEPTH
        • Table ASIA PACIFIC: PERFORATING GUN MARKET SIZE, BY DEPTH, 2015-2022 (USD MILLION)
      • BY COUNTRY
        • Table ASIA PACIFIC: PERFORATING GUN MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
        • Table AUSTRALIA: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table INDIA: PERFORATING GUN MARKET, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table MALAYSIA: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table CHINA: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table INDONESIA: PERFORATING GUN MARKET, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table REST OF ASIA PACIFIC: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
    • MIDDLE EAST
      • BY GUN TYPE
        • Table MIDDLE EAST: PERFORATING GUN MARKET SIZE, BY GUN TYPE, 2015-2022 (USD MILLION)
      • BY WELL TYPE
        • Table MIDDLE EAST: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
      • BY WELL PRESSURE
        • Table MIDDLE EAST: PERFORATING GUN MARKET SIZE, BY WELL PRESSURE, 2015-2022 (USD MILLION)
      • BY DEPTH
        • Table MIDDLE EAST: PERFORATING GUN MARKET SIZE, BY DEPTH, 2015-2022 (USD MILLION)
      • BY COUNTRY
        • Table MIDDLE EAST: PERFORATING GUN MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
        • Table SAUDI ARABIA: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table IRAQ & KURDISTAN: PERFORATING GUN MARKET, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table IRAN: PERFORATING GUN MARKET, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table UAE: PERFORATING GUN MARKET, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table REST OF THE MIDDLE EAST: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
    • AFRICA
      • BY GUN TYPE
        • Table AFRICA: PERFORATING GUN MARKET SIZE, BY GUN TYPE, 2015-2022 (USD MILLION)
      • BY WELL TYPE
        • Table AFRICA: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
      • BY WELL PRESSURE
        • Table AFRICA: PERFORATING GUN MARKET SIZE, BY WELL PRESSURE, 2015-2022 (USD MILLION)
      • BY DEPTH
        • Table AFRICA: PERFORATING GUN MARKET SIZE, BY DEPTH, 2015-2022 (USD MILLION)
      • BY COUNTRY
        • Table AFRICA: PERFORATING GUN MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
        • Table ALGERIA: PERFORATING GUN MARKET, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table LIBYA: PERFORATING GUN MARKET, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table NIGERIA: PERFORATING GUN MARKET, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table ANGOLA: PERFORATING GUN MARKET, BY WELL TYPE, 2015-2022 (USD MILLION)
        • Table REST OF AFRICA: PERFORATING GUN MARKET SIZE, BY WELL TYPE, 2015-2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
      • KEY COMPANY FOCUS AREA
    • MARKET RANKING ANALYSIS
      • GLOBAL MARKET SCENARIO
    • COMPETITIVE SITUATIONS & TRENDS
      • CONTRACTS & AGREEMENTS, 2015-2017
      • NEW PRODUCT DEVELOPMENTS
      • INVESTMENTS & EXPANSIONS
      • MERGERS & ACQUISITIONS
  • COMPANY PROFILES
    • BAKER HUGHES
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • SCHLUMBERGER
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • WEATHERFORD
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • HALLIBURTON
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • NATIONAL OILWELL VARCO
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • DYNAENERGETICS
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • HUNTING PLC
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • YELLOW JACKET OIL TOOL
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • PROMPERFORATOR
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • CORE LABORATORIES
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • SHAANXI FYPE RIGID MACHINERY
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • ZAO NTF PERFOTECH
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • TASSAROLI
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • FHE USA
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • OILTECH SERVICE
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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