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Global Perforating Gun Market Expected to Witness a Sustainable Growth over 2025 -  QY Research
The global Perforating Gun market was million US$ in 2017 and is expected to million US$ by the end of 2025, growing at a CAGR of % between 2018 and 2025.

BriefingWire.com, 7/13/2018 - This report studies the Perforating Gun market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

A perforating gun for perforating earth formations, primarily in oil and gas wells. The gun includes a straight metal tube in which explosive jet charges are carried.

First, for industry structure analysis, the Perforating Gun industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 53 % of the revenue market. Regionally, Middle East & Africa is the biggest revenue area of valves, also the leader in the whole Perforating Gun industry.

Second, the production of Perforating Gun decreased from 1796 Km in 2012 to 1673 Km in 2016 with an average growth rate of -1.76%.

Third, Middle East & Africa occupied 31.20% of the sales market in 2016. It is followed by North America and Europe, which respectively account for around 21.62% and 19.97% of the global total industry. Other countries have a smaller amount of sales. Geographically, North America was the largest production market in the world, which took about 26.61% of the global production volume in 2016.

The global Perforating Gun market was million US$ in 2017 and is expected to million US$ by the end of 2025, growing at a CAGR of % between 2018 and 2025.

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.

The leading players include following list:

Schlumberger

Core Laboratories

Halliburton

Hunting PLC

Baker Hughes

Weatherford

National Oilwell Varco

CNPC

Dynaenergetics

Sinopec

Promperforator

Zao Ntf Perfotech

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Rest of Middle East & Africa

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