North America Perforating Gun Market Size & Outlook
The perforating gun market in North America is expected to reach a projected revenue of US$ 647.1 million by 2030. A compound annual growth rate of 6.6% is expected of North America perforating gun market from 2024 to 2030.
Revenue, 2023 (US$M)
$413.7
Forecast, 2030 (US$M)
$647.1
CAGR, 2024 - 2030
6.6%
Report Coverage
North America
North America perforating gun market, 2018-2030 (US$M)
North America perforating gun market highlights
- The North America perforating gun market generated a revenue of USD 413.7 million in 2023.
- The market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, through tubing hollow carrier system was the largest revenue generating type in 2023.
- Through Tubing Hollow Carrier System is the most lucrative type segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 413.7 million |
| Market revenue in 2030 | USD 647.1 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 |
| Key market players worldwide | Teijin Ltd, Toray Industries Inc, PPG Industries Inc, SGL Group, Hexcel Corp, Compagnie de Saint-Gobain SA, Cytec Industries, Unitech Aerospace, Gurit |
Other key industry trends
- In terms of revenue, North America region accounted for 35.3% of the global perforating gun market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 544.1 million by 2030.
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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 |
|---|
North America perforating gun market
Related regional statistics
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