Global Perforating Gun Market Trends and Forecast to 2022

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Perforating Gun Market by Gun Type, Depth, Well
Type, Well Pressure, and Region - Global Forecast
to 2022
www.MarketsandMarkets.com
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According to the new market research report 
"Perforating Gun Market by Gun Type (Wireline
Conveyed, Tubing Hollow Carrier, Tubing Strip,
Tubing Conveyed), Depth (Up to 3000ft,
30008000ft, Above 8000ft), Well Type
(Horizontal, Vertical), Well Pressure (High,
Low), and Region - Global Forecast to 2022",
published by MarketsandMarkets, 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.   Request for Free Sample
Report _at_  https//www.marketsandmarkets.com/reques
tsampleNew.asp?id135152126
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The perforating gun market is mainly driven by
the increase in the average well depth over the
years. The conventional oil gas reservoirs are
depleting. The new reservoirs are found deep
below the earths surface. The various methods
such as reperforation, drilling of unconventional
oil wells, and increasing oil production in
hostile reservoir environments with the help of
advanced technologies are carried out to meet the
oil gas demand. Thus, the need for technically
efficient and advanced perforating guns is
increasing to meet the requirements of drilling
operators.   Browse and in-depth TOC on
"Perforating Gun Market"   77 - Tables  38 -
Figures   149 - Pages     View more detailed TOC
_at_   https//www.marketsandmarkets.com/Market-Repor
ts/perforating-gun-market-135152126.html

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Increasing shale gas exploration and production
will drive the global perforating gun demand
close to USD 879 million by 2022 Perforating guns
are designed to hold an array of explosive
charges and are lowered into the well to the
depth where the connection to the reservoir is
made. The gun is then fired to make multiple
holes in the casing. The multiple fractures made
by the perforating gun act as channels through
which reservoir fluids, in the form of
hydrocarbons, flow from the formation into the
wellbore and up to the surface Don't miss
out on business opportunities in Perforating Gun
Market. Download PDF Brochure and gain crucial
industry insights that will help your business
grow https//www.marketsandmarkets.com/pdfdownloa
dNew.asp?id135152126
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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. North America is projected
to dominate the global perforating gun market by
2022 due to increasing oil gas activities in
the region. The market in North America is also
expected to grow at the highest CAGR from 2017 to
2022. This growth is attributed to increased
investments in the upstream oil gas sector,
especially in the US. This will ultimately create
an opportunity for the perforating gun
market. Speak to analyst _at_
https//www.marketsandmarkets.com/speaktoanalystNe
w.asp?id135152126
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• Target Audience
• 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

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• Key players -
• To enable an in-depth understanding of the
  competitive landscape, the report includes the
  profiles of some of the top players in the
  perforating gun market. These include 
• Schlumberger (US),
• Weatherford (US),
• Baker Hughes (US),
• Halliburton (US),
• DynaEnergetics (US), etc.
• Buy Now -
• https//www.marketsandmarkets.com/Purchase/purchas
  e_reportNew.asp?id135152126

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