Business Description
Perforating Gun Market is expected to reach USD 1158.4 Million by 2026 from USD 786.4 Million in 2016 at a CAGR of 3.95% (Detailed analysis of the market CAGR is provided in the report). The primary objective of a perforating gun is to provide an effective flow of communication between a cased wellbore and a productive reservoirPerforating Gun MarketPerforating gun is used for perforation of oil and gas wells for the preparation of production. It contains several shapes of explosive charges, perforating guns are available in a different range of sizes and configurations. The diameter of the gun is determined by the presence of wellbore restrictions or limitations imposed by the surface equipment. The amount of the distortion is a function of the size of the gun and the type and size of the charge used. The following are the factors in gun distortion:
• Gun diameter
• Charge size
• Shot phasing
• Gun wall thickness
• Shot density
• Well pressure
Geographically, Perforating Gun Market has been segmented into Asia-Pacific, North America, Europe, Middle-East & Africa, and Latin America. North America has formed one of the largest markets for perforating gun. Rising oil and gas production and increasing investments are some of the factors driving the perforating gun market in this region for overall Perforating Gun Market growth
Key Highlights:
• Perforating Gun Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Perforating Gun Market.
• Perforating Gun Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Perforating Gun Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of the study.
• Perforating Gun Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Perforating Gun Market are also profiled.
Research Methodology
Bloomberg, Factiva, and Hoovers are some of the sites that are being referred to gain insights about Perforating Gun Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Perforating Gun market globally.
Some of the key players operating in the Perforating Gun Market include
• Hunting (UK)
• Baker Hughes (US)
• National Oilwell Varco (US)
• Schlumberger (US)
• Yellow Jacket Oil Tools (US)
• DynaEnergetics (US)
• Halliburton (US)
• Weatherford (US)
Key Target Audience:
• Equipment or component asset management system providers
• Investors and financial community professionals
• Current or voltage measurement device manufacturers and integrators
• Market research and consulting firms
• Government agencies
• Electric utilities
• Government and research organizations
Years considered to estimate the market size of the Perforating Gun Market have been mentioned below:
• Base year-2016
• Estimated year-2017
• Forecast year- 2017 to 2026
The scope of the Perforating Gun Market Report:
The Research report segments the Perforating Gun Market based on gun type, well type, well pressure, depth, and geography.
Perforating Gun Market, By Gun Type:
• Wireline Conveyed Casing
• Through Tubing Hollow Carrier
• Through Tubing Strip
• Tubing Conveyed Perforating
Perforating Gun Market, By Well Type:
• Vertical
• Horizontal
Perforating Gun Market, By Well Pressure:
• High Pressure
• Low Pressure
Perforating Gun Market, By Depth:
• Up to 3,000 ft.
• 3,000–8,000 ft.
• Above 8,000 ft.
Perforating Gun Market, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Geographic Analysis
• Breakdown of North America Perforating Gun Market
• Breakdown of Europe Perforating Gun Market
• Breakdown of Asia Pacific Perforating Gun Market
• Breakdown of Middle East & Africa Perforating Gun Market
• Breakdown of Latin America Perforating Gun Market
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