Perforating Guns - Global Strategic Business Report

Global Perforating Guns Market to Reach $1.6 Billion by 2030

The global market for Perforating Guns estimated at US$1.1 Billion in the year 2022, is projected to reach a revised size of US$1.6 Billion by 2030, growing at a CAGR of 5.6% over the analysis period 2022-2030. Tubing Conveyed Perforating, one of the segments analyzed in the report, is projected to record 6.3% CAGR and reach US$701.7 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Through Tubing Hollow Carrier segment is readjusted to a revised 4.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $286.5 Million, While China is Forecast to Grow at 9.1% CAGR

The Perforating Guns market in the U.S. is estimated at US$286.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$371.5 Million by the year 2030 trailing a CAGR of 9.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 4.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.

Select Competitors (Total 22 Featured) -

• Baker Hughes, a GE company
• CJSC NTF PerfoTech
• Core Laboratories
• DYNAenergetics GmbH & Co. KG
• FHE USA LLC
• Halliburton
• Hunting Plc
• National Oilwell Varco, Inc.
• Oiltech Services Pte Ltd.
• Promperforator OOO
• Schlumberger Ltd.
• Shaanxi FYPE Rigid Machinery Co., Ltd.
• Tassaroli S.A.
• Weatherford International Ltd.
• Yellow Jacket Oil Tool

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
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