Perforating Gun Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
|
A07263
|
Pages: NA
|
Sep 2020 |
36 Views
|
|
|
|
Author(s) :
NA
|
Tables: NA
|
Charts: NA
|
Formats*:
|
|
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Perforating Gun Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
Request Now !A perforating gun is a device used to perforate or punch holes in the casing or liner of oil & gas wells during the preparation for production. These perforations are created for enabling the flow of oil & gas into the wellbore. These guns are designed to hold several explosive charges, and are lowered into the wells and triggered. As these explosives create holes in the walls of the reservoir, channels are created through which the reservoir fluid flows into the wellbore, and is finally removed for further processing. This device is widely used as it provides higher economic benefits than conventional methods and reduces environmental pollution as well as enhances operational safety & efficiency.
Market scope and structure analysis
|
Report Metric |
Details |
|
Market size available for years |
2019–2027 |
|
Base year considered |
2019 |
|
Forecast period |
2020–2027 |
|
Forecast unit |
Value (USD) |
|
Segments covered |
Gun Type, Well Type, Well Pressure, Depth, and Region |
|
Regions covered |
North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), and Latin America (Brazil, Mexico, and the Rest of LATAM), and the Middle East &Africa |
|
Companies covered |
Baker Hughes Co., Schlumberger Ltd., Weatherford International Ltd., G&H Diversefield Manufacturing LP, DMC Global Inc., National Oilwell Varco Inc., Halliburton Company, and Hunting Plc. |
COVID-19 scenario analysis
The outbreak of the novel coronavirus pandemic has affected the perforating gun market to a notable extent.
- Owing to the nationwide lockdown imposed across several countries, the transportation has almost come to a halt. This has further resulted in a steep decline in the demand for fuel for vehicles as well as industries. This has severely affected the oilfields, which, in turn, has negatively impacted the growth of the perforating gun market, globally.
Top impacting factors: market scenario analysis, trends, drivers, and impact analysis
Rapid urbanization and large-scale industrialization across the world have surged the demand for oil & gas in the market. This has increased the production in different oilfields and boosted the exploration of shale gas in the reservoirs. In addition, technological developments are being made in firing systems to increase the efficiency of perforating guns. Thus, all these factors collectively contribute toward the growth of the global perforating gun market.
In addition, increase in complexities of the reservoirs with newer concepts such as horizontal wells, the demand for perforating guns is expected to grow in the global market. In case of drilling in shale reservoirs, horizontal or directional drilling is performed. With the growing trend of horizontal drilling and more innovations such as multi-stage hydraulic fracturing technologies for opening up tight hydrocarbon resources, the global perforating gun market is expected witness growth at a steady rate. However, recent fluctuations in oil prices has affected the drilling activities negatively, which is likely to act as a restraining factor of the perforating gun market.
Presently, the North America region holds the largest share in the market, due to increase in shale gas exploration and offshore drilling activities. The market in the Asia-Pacific region is expected to grow with a significant rate, due to surge in demand for energy in the emerging economies such as India and China.
Key segments covered
|
Segment |
Subsegment |
|
Gun Type |
|
|
Well Type |
|
|
Well Pressure |
|
Key benefits of the report
- This study presents the analytical depiction of the global perforating gun industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global perforating gun market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global perforating gun market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years.
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
REQUEST TOC/SAMPLE
Purchase Full Report of
Perforating Gun Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.