1 / 8

Perforating Gun Market by Gun Type, Depth, Well Type, Well Pressure, and Region - Global Forecast to 2022

The global perforating gun market was valued at USD 724.3 Million in 2016 and is expected to reach USD 898.7 Million by 2022 at a CAGR of 3.71%, from 2017 to 2022. Rising oil and gas production, increase in the average well depth over the years, growing complexity of reservoir conditions, and increased shale gas exploration are the major factors driving the perforating gun market.

ankitsingh93
Download Presentation

Perforating Gun Market by Gun Type, Depth, Well Type, Well Pressure, and Region - Global Forecast to 2022

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Perforating Gun Market by Gun Type, Depth, Well Type, Well Pressure, and Region - Global Forecast to 2022 www.MarketsandMarkets.com

  2. The vertical well segment is expected to hold the largest share of the perforating gun market, by well type, during the forecast period. Most oil & gas companies across the globe are investing in the upstream oil & gas sector. The vertical well segment led the perforating gun market in 2016 and is expected to dominate the market during the forecast period. The growth of this segment is primarily driven by the advanced techniques in the upstream sector and the increasing demand for oil & gas. In some cases, oil & gas operators still rely on vertical drill wells where the oil/gas reserves are available at a short depth from the surface. Furthermore, vertical wells are the most preferred form of wells as they can be further fractured and converted into unconventional wells once oil production starts decreasing. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=135152126

  3. The low pressure segment is expected to be the fastest-growing segment of the perforating gun market, by well pressure. The well pressure segment has been divided into high and low well pressure. The high-pressure wells are hostile in nature. Despite recent developments in well technology, the regular instruments are unable to sustain the high pressure and high temperatures in these wells. High pressure and high temperature wells require special instruments and materials. They also require extra preventive measures and experience as they are considered volatile reservoir environments. Thus, the need for instruments for high pressure environments provides companies the opportunity to customize perforating guns using special materials. Regions such as North America and Asia Pacific are expected to drive the market for perforating guns mostly due to ongoing investments in shale gas exploration. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=%20135152126

  4. Browse >> 77 market data tables 38figures 149 pagesand in-depth TOC on “Perforating Gun Market by Gun Type, Depth, Well Type, Well Pressure, and Region - Global Forecast to 2022” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  5. North America: The leading market for perforating guns. In this report, the perforating gun market has been analyzed with respect to 6 regions, namely, North America, Europe, Asia Pacific, the Middle East, South America, and Africa. The market in North America is expected to dominate the global perforating gun market. The EIA has revised the US oil productivity by 460,000 bps. Such a sudden rise in production clearly indicates that the country is moving toward becoming an independent oil country. Hence, the US presents an opportunity for the perforating gun market. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=%20135152126

  6. Target Audience: • The target audience of this report includes: • Equipment/component asset management system providers • Electric utilities • Current/voltagemeasurement device manufacturers and integrators • Government agencies • Investors and financial community professionals • Market research and consulting firms • Government and research organizations. • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=135152126

  7. Key players - • To provide an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the Perforating Gun Market , namely: • National Oilwell Varco (US), • DynaEnergetics(US), • Hunting (UK), • Yellow Jacket Oil Tools (US), • Baker Hughes (US), • Schlumberger (US), • Halliburton (US), • Weatherford (US). • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=135152126

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 UK : 44-800-368-9399Email: sales@marketsandmarkets.com

More Related