Perforating Gun Market to Surpass $898.7 Million by 2022
The global perforating
gun market is projected to reach $898.7 million by 2022, at a CAGR of
3.71%, from 2017 to 2022. The North American market is estimated to be the
largest for perforating guns, followed by Asia Pacific in 2017.
The increase in oil & gas production, increased shale
exploration, growing complexity of reservoir conditions, and increase in
average well depth over the years...