Global Perforating Gun Market Size & Outlook, 2023-2030
The perforating gun industry worldwide is expected to reach a projected revenue of US$ 1,833.1 million by 2030. A compound annual growth rate of 6.6% is expected of the worldwide perforating gun industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,171.9
Forecast, 2030 (US$M)
$1,833.1
CAGR, 2024 - 2030
6.6%
Report Coverage
Worldwide
Global perforating gun market, 2018-2030 (US$M)
Global perforating gun market highlights
- The global perforating gun market generated a revenue of USD 1,171.9 million in 2023 and is expected to reach USD 1,833.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.6% by 2030.
- In terms of segment, through tubing hollow carrier system accounted for a revenue of USD 1,171.9 million in 2023.
- Through Tubing Hollow Carrier System is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 1,171.9 million |
| Market revenue in 2030 | USD 1,833.1 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Through tubing hollow carrier system |
| Fastest growing segment | Through Tubing Hollow Carrier System |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Through Tubing Hollow Carrier System |
Other key industry trends
- In terms of revenue, the North America accounted for 35.3% of the global perforating gun market in 2023.
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Perforating Gun Market Scope
Perforating gun market segmentation & scope
Through Tubing Hollow Carrier System
Wireline Conveyed Casing System
Through Tubing Exposed Gun System
Tubing Conveyed The Perforation System
Application
Onshore
Offshore
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
China
India
Japan
South Korea
Argentina
Brazil
Perforating Gun Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global perforating gun market size, by regions, 2018-2030 (US$M)
Related regional statistics
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