穿孔治具市場 – 2030年までの世界予測

Perforating Gun Market - Global Forecast To 2030

穿孔治具市場 - 治具タイプ(スルーチュービング中空キャリア&露出、ワイヤーライン搬送ケーシング、TCP)、坑井タイプ(水平、垂直)、深度(最大3,000フィート、3,001~8,000フィート、8,000フィート以上)、圧力、用途、地域別 - 2030年までの世界予測
Perforating Gun Market by Gun Type (Through Tubing Hollow Carrier & Exposed, Wireline Conveyed Casing, TCP), Well Type (Horizontal, Vertical), Depth (Up to 3,000 ft, 3,001–8,000 ft, above 8,000 ft), Pressure, Application, Region - Global Forecast to 2030

商品番号 : SMB-12758

出版社MarketsandMarkets
出版年月2025年5月
ページ数233
図表数307
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本レポートは、様々な地域における掘削坑井の種類、圧力、深度、用途、そしてガンの種類別に、穿孔治具市場を定義、解説、そして予測しています。また、市場の詳細な定性・定量分析も提供しています。主要な市場推進要因、制約要因、機会、そして課題について包括的な分析を提供しています。さらに、市場の様々な重要な側面を網羅しており、競争環境、市場ダイナミクス、市場規模予測、そして掘削ガン市場の将来動向など、様々な側面を網羅しています。

The perforating gun market is estimated to reach USD 1.48 billion by 2030 from an estimated value of USD 1.19 billion in 2025, at a CAGR of 4.5% during the forecast period. The accelerating global demand for energy—driven by industrial growth, expanding transportation networks, and rising urbanization—continues to place significant pressure on oil and gas producers to ramp up supply.

穿孔(パーフォレーション)治具市場は、2025年の推定11億9,000万米ドルから2030年には14億8,000万米ドルに達すると予測されており、予測期間中の年平均成長率(CAGR)は4.5%です。産業の成長、輸送網の拡大、都市化の進展を背景に、世界的なエネルギー需要は加速しており、石油・ガス生産者には供給増強を迫る大きな圧力がかかっています。

穿孔治具市場 - 2030年までの世界予測
perforating-gun-market

“By application, the onshore segment is projected to be the fastest growing market during the forecast period.”

By application, the perforating gun market is segmented into two categories: offshore and onshore. Modern perforating technologies have fundamentally transformed the efficiency, accuracy, and performance levels in well completion operations of onshore oil fields. Modern reservoir targeting technology allows operators to reach reservoirs more effectively with WCP and TCP systems for perforating applications. The production in shale and tight oil unconventional onshore formations reaches its maximum level through methods that limit formation damage to achieve better reservoir interaction. Operational flexibility has increased through two recent developments in perforating systems, which feature wireless technology and electronic firing components. These technologies enable remote activation and monitoring to decrease both operational dangers and financial expenses affected by onshore procedures.

“By pressure, the high-pressure well segment is anticipated to garner the largest market share during the forecast period.”

Based on pressure, the perforating gun market has been segmented into high and low-pressure segments. High-pressure reservoirs contain substantial volumes of hydrocarbons confined by substantial pressure, creating important production prospects for successful and effective access. High-performance perforating guns are the operators’ primary way of accessing high-pressure reserves by delivering precise perforations even in extreme conditions. The accurate punching of reservoirs at high pressure produces excellent well perforation conditions, which minimizes geological damage to formations and generates superior well penetration rates. Initial production rates become optimal while reservoir drainage improves and long-term recovery extends because of these implementation outcomes.

“Asia Pacific is expected to be the second fastest region in the perforating gun market.”

Asia Pacific is expected to be the second-fastest region in the perforating gun market between 2025–2030. The proactive implementation of government programs and beneficial policy formats stimulate upstream oil & gas activities, resulting in increased perforating gun market demand. The Hydrocarbon Exploration and Licensing Policy (HELP) from India and China’s open acreage licensing policy boosts exploration and development activities by enabling domestic and international operators to access prospective blocks. The programs lower market entry restrictions to drilling simultaneously across land and marine areas while boosting investor trust and encouraging petroleum operations.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess future market prospects. The distribution of primary interviews is as follows:

  • By Company Type: Tier 1- 65%, Tier 2- 24%, and Tier 3- 11%
  • By Designation: C-level Executives- 30%, Managers- 25%, and Others- 45%
  • By Region: North America- 27%, Europe- 20%, Asia Pacific- 33%, South America- 12%, Middle East & Africa- 8%

Note: Others include product engineers, product specialists, and engineering leads.

Note: The tiers of the companies are defined based on their total revenues as of 2023. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million

The perforating gun market is dominated by a few major players that have a wide regional presence. The leading players in the perforating gun market are SLB (US), Baker Hughes (US), Halliburton (US), NOV (US), and Weatherford (US).

Research Coverage:

The report defines, describes, and forecasts the perforating gun market, by well type, pressure, depth, application, and gun type for various regions. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the perforating gun market.

Key Benefits of Buying the Report

  • The perforating gun market is driven by factors such as supporting government policies and mandates for corporate strategies and initiatives towards sustainability and increasing awareness of climate change. Opportunities include the growing need to maximize the production potential of mature oil and gas fields through re-perforation. A few challenges this market faces include a lack of standardization.
  • Product Development/ Innovation: DynaEnergetics, a business segment of DMC Global, has launched DS Gravity 2.0, the industry’s most compact, self-orienting perforating gun, designed to boost efficiency and productivity by eliminating the need for orienting subs and weight bars. This upgraded system offers improved bearings and simplified internals and supports the full charge portfolio, including the new Oriented FracTune (OFT), designed specifically for oriented perforating.
  • Market Development: After a competitive tender, Weatherford announced it was awarded a five-year deal with Petróleo Brasileiro S.A. in Brazil to provide Drill Pipe Riser (DPR) ultra-deepwater offshore intervention systems and services. This new seven-system contract will commence operations in March 2025 and will replace a current six-system contract that began in November 2020.
  • Market Diversification: Baker Hughes Company inaugurated a regional oilfield services hub (OFS) in King Salman Energy Park (SPARK). The new facility will support ongoing customer activities for three OFS product lines, ensuring high-quality service delivery and positioning BHGE for future growth in the region.
  • Competitive Assessment: Assessment of rankings of some of the key players, including SLB (US), Baker Hughes (US), Halliburton (US), NOV (US), and Weatherford (US).

Table of Contents

1               INTRODUCTION              24

1.1           STUDY OBJECTIVES       24

1.2           MARKET DEFINITION   24

1.3           STUDY SCOPE   25

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      25

1.3.2        INCLUSIONS AND EXCLUSIONS 26

1.3.3        YEARS CONSIDERED      27

1.4           CURRENCY CONSIDERED            27

1.5           RESEARCH LIMITATIONS             27

1.6           STAKEHOLDERS               28

1.7           SUMMARY OF CHANGES               28

2               RESEARCH METHODOLOGY       29

2.1           RESEARCH DATA              29

2.1.1        SECONDARY DATA          30

2.1.1.1    List of major secondary sources         31

2.1.1.2    Key data from secondary sources       31

2.1.2        PRIMARY DATA 31

2.1.2.1    List of primary interview participants               32

2.1.2.2    Key industry insights           32

2.1.2.3    Breakdown of primaries      33

2.1.2.4    Key data from primary sources           33

2.2           MARKET BREAKDOWN AND DATA TRIANGULATION                 34

2.3           MARKET SIZE ESTIMATION         35

2.3.1        BOTTOM-UP APPROACH              35

2.3.2        TOP-DOWN APPROACH                36

2.3.3        DEMAND-SIDE ANALYSIS             37

2.3.3.1    Assumptions for demand-side analysis             37

2.3.3.2    Calculations for demand-side analysis              37

2.3.4        SUPPLY-SIDE ANALYSIS                 38

2.3.4.1    Assumptions for supply-side analysis                39

2.3.4.2    Calculations for supply-side analysis 39

2.4           FORECAST ASSUMPTIONS           40

2.5           KEY INFLUENCING FACTORS/DRIVERS 40

2.5.1        WELL COUNT    40

2.5.2        RIG COUNT        41

2.5.3        IMPACT OF FLUCTUATING CRUDE OIL PRICES ON OIL & GAS INDUSTRY             42

2.6           RISK ASSUMPTIONS        43

2.7           LIMITATIONS    43

3               EXECUTIVE SUMMARY  44

4               PREMIUM INSIGHTS       48

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN PERFORATING  GUN MARKET  48

4.2           PERFORATING GUN MARKET, BY REGION            49

4.3           PERFORATING GUN MARKET, BY WELL TYPE    49

4.4           PERFORATING GUN MARKET, BY APPLICATION                 50

4.5           PERFORATING GUN MARKET, BY PRESSURE       50

4.6           PERFORATING GUN MARKET, BY DEPTH              50

4.7           PERFORATING GUN MARKET, BY GUN TYPE       51

5               MARKET OVERVIEW       52

5.1           INTRODUCTION              52

5.2           MARKET DYNAMICS       52

5.2.1        DRIVERS               53

5.2.1.1    Surging industrialization, urbanization, and rising living standards in emerging economies      53

5.2.1.2    Growing need for maximizing production potential of mature oil and gas fields through re-perforation                 53

5.2.2        RESTRAINTS      54

5.2.2.1    Fluctuating oil prices            54

5.2.2.2    Lack of standardization       54

5.2.3        OPPORTUNITIES              55

5.2.3.1    Re-perforation of old wells 55

5.2.3.2    Digitalization and automation            55

5.2.4        CHALLENGES    56

5.2.4.1    Safety risks associated with handling, transporting, and deploying explosive charges in oil & gas wells   56

5.2.4.2    High operational costs         56

5.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            57

5.4           SUPPLY CHAIN ANALYSIS             57

5.5           ECOSYSTEM ANALYSIS  58

5.6           TECHNOLOGY ANALYSIS             59

5.6.1        KEY TECHNOLOGIES     59

5.6.1.1    Wireline-conveyed perforating           59

5.6.1.2    Laser-based perforating       59

5.6.2        COMPLEMENTARY TECHNOLOGIES       60

5.6.2.1    Tubing-conveyed perforating systems              60

5.6.3        ADJACENT TECHNOLOGIES       60

5.6.3.1    Smart perforating systems  60

5.6.3.2    Non-explosive perforating technology               60

5.7           CASE STUDY ANALYSIS 61

5.7.1        HUNTING TITAN INTRODUCED H-4 INTERNAL ORIENTING PERFORATING SYSTEM THAT ENSURED RELIABILITY AND ACCURACY IN HORIZONTAL WELL COMPLETIONS 61

5.7.2        EXPRO’S ARGENTINA TEAM INTRODUCED GRAVITY-ASSISTED, SELF-ORIENTING GUN SYSTEM TO ACHIEVE RELIABLE 0° ORIENTATION      61

5.7.3        GR ENERGY SERVICES PARTNERED WITH WELLMATICS TO DESIGN AND DEPLOY CUSTOM-ENGINEERED PERFORATING GUN SYSTEM THAT MINIMIZED HUMAN ERROR RISKS AND SIGNIFICANTLY REDUCED MISFIRE OCCURRENCES                 62

5.8           PATENT ANALYSIS          63

5.9           KEY CONFERENCES AND EVENTS, 2025–2026        64

5.10         REGULATORY LANDSCAPE         65

5.10.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             65

5.10.2      REGULATIONS  67

5.11         IMPACT OF 2025 US TARIFF – OVERVIEW              68

5.11.1      INTRODUCTION              68

5.11.2      KEY TARIFF RATES          68

5.11.3      IMPACT ON COUNTRY/REGION                70

5.11.3.1  The US  70

5.11.3.2  Europe   71

5.11.3.3  APAC     72

5.11.4      IMPACT ON END USE INDUSTRIES          72

5.12         PORTER’S FIVE FORCES ANALYSIS            73

5.12.1      THREAT OF SUBSTITUTES          74

5.12.2      BARGAINING POWER OF SUPPLIERS       74

5.12.3      BARGAINING POWER OF BUYERS             75

5.12.4      THREAT OF NEW ENTRANTS      75

5.12.5      INTENSITY OF COMPETITIVE RIVALRY 75

6               PERFORATING GUN MARKET, BY APPLICATION                 76

6.1           INTRODUCTION              77

6.2           ONSHORE            78

6.2.1        INCREASING INVESTMENTS IN ONSHORE EXPLORATION AND RE-EXPLORATION TO FUEL MARKET GROWTH             78

6.3           OFFSHORE          79

6.3.1        GROWING NUMBER OF AGING SUBSEA WELLS TO FUEL MARKET GROWTH          79

7               PERFORATING GUN MARKET, BY DEPTH              80

7.1           INTRODUCTION              81

7.2           UP TO 3,000 FT. 82

7.2.1        GROWING EXPLORATION ACTIVITIES TARGETING SHALLOW WELLS TO DRIVE MARKET    82

7.3           3,001–8,000 FT.   83

7.3.1        ONGOING TECHNOLOGICAL INNOVATIONS AIMED AT IMPROVING OPERATIONAL EFFICIENCY TO FUEL MARKET GROWTH             83

7.4           ABOVE 8,000 FT.                84

7.4.1        RISING DEMAND FOR EQUIPMENT TO TACKLE HOSTILE ENVIRONMENTS TO SUPPORT MARKET GROWTH                 84

8               TYPES OF EXPLOSIVES USED IN PERFORATING GUNS                 85

8.1           INTRODUCTION              85

8.2           CYCLOTRIMETHYLENE TRINITRAMINE (RDX)   85

8.3           CYCLOTETRAMETHYLENE TRINITRAMINE (HMX)                 85

8.4           HEXANITROSILBENE (HNS)         86

9               PERFORATING GUN MARKET, BY WELL TYPE    87

9.1           INTRODUCTION              88

9.2           HORIZONTAL WELL       89

9.2.1        ENHANCED PRODUCTION RATES DUE TO EXTENDED WELLBORE LENGTHS AND REDUCED PRESSURE DROPS NEAR WELLBORE TO DRIVE MARKET 89

9.3           VERTICAL WELL               90

9.3.1        INCREASING INVESTMENTS IN EXPLORATION AND PRODUCTION  OF UNCONVENTIONAL RESOURCES TO FUEL MARKET GROWTH          90

10            TYPES OF PERFORATING GUNS USED IN WELL OPERATIONS     91

10.1         INTRODUCTION              91

10.2         EXPENDABLE    91

10.3         SEMI-EXPENDABLE        91

10.4         RETRIEVABLE   92

11            PERFORATING GUN MARKET, BY GUN TYPE       93

11.1         INTRODUCTION              94

11.2         THROUGH TUBING HOLLOW CARRIER GUN SYSTEM                 95

11.2.1      EXPLORATION OF NEW OFFSHORE WELLS AND WELL INTERVENTION TO FUEL MARKET GROWTH     95

11.3         WIRELINE CONVEYED CASING GUN SYSTEM      96

11.3.1      INCREASING NUMBER OF DEEPWATER AND ULTRA-DEEPWATER EXPLORATION PROJECTS TO DRIVE MARKET                 96

11.4         THROUGH TUBING EXPOSED GUN SYSTEM        97

11.4.1      RISING RE-PERFORATION ACTIVITIES IN MATURE OIL & GAS WELLS TO FUEL MARKET GROWTH               97

11.5         TUBING CONVEYED PERFORATION SYSTEM      98

11.5.1      APPLICATION IN CHALLENGING RESERVOIR ENVIRONMENTS, COMPLEX GEOLOGIES, AND HOSTILE CONDITIONS TO BOOST DEMAND         98

12            PERFORATING GUN MARKET, BY PRESSURE       100

12.1         INTRODUCTION              101

12.2         HIGH-PRESSURE               102

12.2.1      ONGOING TECHNOLOGICAL ADVANCEMENTS IN PERFORATION SYSTEMS AND SERVICES TO DRIVE MARKET                 102

12.3         LOW-PRESSURE                103

12.3.1      RISING DEMAND FOR COST-EFFECTIVE ALTERNATIVE FOR OIL & GAS OPERATORS TO DRIVE MARKET                103

13            TYPES OF ORIENTATIONS IN PERFORATING GUNS                 104

13.1         INTRODUCTION              104

13.2         INTERNAL           104

13.3         EXTERNAL          104

14            PERFORATING GUN MARKET, BY REGION            105

14.1         INTRODUCTION              106

14.2         NORTH AMERICA             107

14.2.1      US           111

14.2.1.1  Emphasis on transitioning to cleaner energy solutions to fuel market growth       111

14.2.2      CANADA               113

14.2.2.1  Presence of oil sands reserves to offer lucrative growth opportunities         113

14.2.3      MEXICO                114

14.2.3.1  Growing energy demands and need to reduce reliance on imports to drive market      114

14.3         EUROPE               115

14.3.1      UK          119

14.3.1.1  New discoveries in West of Shetland, Northern North Sea, Central North Sea, and Southern North Sea to offer lucrative growth opportunities         119

14.3.2      RUSSIA 120

14.3.2.1  Ongoing field developments and new drilling activities to fuel market growth       120

14.3.3      NORWAY              122

14.3.3.1  Surging investment in oil & gas industry to fuel market growth                 122

14.3.4      REST OF EUROPE             123

14.4         SOUTH AMERICA             124

14.4.1      BRAZIL 128

14.4.1.1  Dominance in deepwater extraction to support market growth                 128

14.4.2      ARGENTINA       129

14.4.2.1  Robust shale development to foster market growth        129

14.4.3      VENEZUELA       130

14.4.3.1  Government-led policies to attract foreign investments in exploration activities to drive market                 130

14.4.4      REST OF SOUTH AMERICA           131

14.5         MIDDLE EAST & AFRICA                133

14.5.1      SAUDI ARABIA  136

14.5.1.1  Rise in exploration and production activities to foster market growth    136

14.5.2      UAE        138

14.5.2.1  Emphasis on increasing crude oil production capacity to fuel market growth       138

14.5.3      ALGERIA              139

14.5.3.1  Presence of major oil & gas reserves to offer lucrative growth opportunities         139

14.5.4      NIGERIA               140

14.5.4.1  Exploration shift toward deepwater and ultra-deepwater offshore fields to support market growth         140

14.5.5      REST OF MIDDLE EAST & AFRICA             142

14.6         ASIA PACIFIC     143

14.6.1      CHINA  147

14.6.1.1  Rising emphasis on increasing shale gas production to boost demand  147

14.6.2      INDIA    148

14.6.2.1  Focus on offshore exploration and revitalizing legacy oilfields to fuel market growth                148

14.6.3      AUSTRALIA         150

14.6.3.1  Government-led policies supporting oil exploration and production to support market growth                150

14.6.4      MALAYSIA           151

14.6.4.1  Growing focus on optimizing mature fields and expanding deepwater exploration to support market growth            151

14.6.5      INDONESIA        152

14.6.5.1  Revitalization of aging fields to drive market   152

14.6.6      REST OF ASIA PACIFIC   154

15            COMPETITIVE LANDSCAPE         156

15.1         OVERVIEW          156

15.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2025                 156

15.3         MARKET SHARE ANALYSIS, 2024                 158

15.4         REVENUE ANALYSIS, 2020–2024  161

15.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 161

15.5.1      STARS   161

15.5.2      EMERGING LEADERS     161

15.5.3      PERVASIVE PLAYERS      162

15.5.4      PARTICIPANTS 162

15.5.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         163

15.5.5.1  Company footprint               163

15.5.5.2  Region footprint   165

15.5.5.3  Gun type footprint                166

15.5.5.4  Well pressure type footprint                167

15.5.5.5  Well type footprint                168

15.5.5.6  Application footprint            169

15.6         COMPETITIVE SCENARIO             170

15.6.1      PRODUCT LAUNCHES   170

15.6.2      DEALS  171

15.6.3      EXPANSIONS     172

15.6.4      OTHER DEVELOPMENTS              173

16            COMPANY PROFILES      174

16.1         KEY COMPANIES              174

16.1.1      SLB         174

16.1.1.1  Business and financial overview         174

16.1.1.2  Products/Services offered   175

16.1.1.3  Recent developments           176

16.1.1.3.1                Deals      176

16.1.1.3.2                Other developments             177

16.1.1.3.3                Product launches  178

16.1.1.4  MnM view              178

16.1.1.4.1                Key strengths/Right to win 178

16.1.1.4.2                Strategic choices   178

16.1.1.4.3                Weaknesses/Competitive threats       179

16.1.2      WEATHERFORD                180

16.1.2.1  Business and financial overview         180

16.1.2.2  Products/Services offered   181

16.1.2.3  Recent developments           182

16.1.2.3.1                Deals      182

16.1.2.3.2                Other developments             182

16.1.2.4  MnM view              183

16.1.2.4.1                Key strengths/Right to win 183

16.1.2.4.2                Strategic choices   183

16.1.2.4.3                Weaknesses/Competitive threats       183

16.1.3      BAKER HUGHES COMPANY         184

16.1.3.1  Business and financial overview         184

16.1.3.2  Products/Services offered   185

16.1.3.3  Recent developments           186

16.1.3.3.1                Deals      186

16.1.3.3.2                Other developments             187

16.1.3.4  MnM view              187

16.1.3.4.1                Key strengths/Right to win 187

16.1.3.4.2                Strategic choices   187

16.1.3.4.3                Weaknesses/Competitive threats       188

16.1.4      HALLIBURTON 189

16.1.4.1  Business and financial overview         189

16.1.4.2  Products/Services offered   190

16.1.4.3  Recent developments           191

16.1.4.3.1                Deals      191

16.1.4.4  MnM view              192

16.1.4.4.1                Key strengths/Right to win 192

16.1.4.4.2                Strategic choices   192

16.1.4.4.3                Weaknesses/Competitive threats       192

16.1.5      NOV       193

16.1.5.1  Business and financial overview         193

16.1.5.2  Products/Services offered   194

16.1.5.3  Recent developments           195

16.1.5.3.1                Other developments             195

16.1.5.4  MnM view              195

16.1.5.4.1                Key strengths/Right to win 195

16.1.5.4.2                Strategic choices   196

16.1.5.4.3                Weaknesses/Competitive threats       196

16.1.6      CORE LABORATORIES   197

16.1.6.1  Business and financial overview         197

16.1.6.2  Products/Services offered   198

16.1.6.3  Recent developments           199

16.1.6.3.1                Deals      199

16.1.7      EXPRO GROUP  200

16.1.7.1  Business and financial overview         200

16.1.7.2  Products/Services offered   201

16.1.7.3  Recent developments           202

16.1.7.3.1                Deals      202

16.1.8      XI’AN ZZ TOP OIL TOOLS CO., LTD          204

16.1.8.1  Business and financial overview         204

16.1.8.2  Products/Services offered   204

16.1.9      LLC “PROMPERFORATOR”           205

16.1.9.1  Business and financial overview         205

16.1.9.2  Products/Services offered   205

16.1.10   G&H DIVERSIFIED MANUFACTURING, L.P.           207

16.1.10.1                 Business and financial overview         207

16.1.10.2                 Products/Services offered   207

16.1.11   REPEAT PRECISION        208

16.1.11.1                 Business and financial overview         208

16.1.11.2                 Products/Services offered   208

16.1.12   OSO PERFORATING        209

16.1.12.1                 Business and financial overview         209

16.1.12.2                 Products/Services offered   209

16.1.13   WELLMATICS    210

16.1.13.1                 Business and financial overview         210

16.1.13.2                 Products/Services offered   210

16.1.14   DMC GLOBAL.   211

16.1.14.1                 Business and financial overview         211

16.1.14.2                 Products/Services offered   213

16.1.14.3                 Recent developments           213

16.1.14.3.1             Product launches  213

16.1.15   GEODYNAMICS 215

16.1.15.1                 Business and financial overview         215

16.1.15.2                 Products/Services offered   215

16.1.15.3                 Recent developments           216

16.1.15.3.1             Product launches  216

16.2         OTHER PLAYERS              217

16.2.1      SHAANXI FYPE RIGID MACHINERY CO., LTD       217

16.2.2      HUNTING            218

16.2.3      STEELHAUS TECHNOLOGIES INC.            219

16.2.4      HUNT & HUNT LTD.       219

16.2.5      SWM TECHNOLOGIES   220

16.2.6      LANDSEA TECHNICAL SERVICES PTE. LTD.         221

16.2.7      CHINA VIGOR DRILLING OIL TOOLS AND EQUIPMENT CO., LTD              222

16.2.8      PENGO WIRELINE OF CALIFORNIA          222

16.2.9      FHE USA LLC      223

16.2.10   RENEGADE SERVICES    223

17            APPENDIX           224

17.1         INSIGHTS FROM INDUSTRY EXPERTS     224

17.2         DISCUSSION GUIDE        225

17.3         KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL                229

17.4         CUSTOMIZATION OPTIONS        231

17.5         RELATED REPORTS         231

17.6         AUTHOR DETAILS           232

LIST OF TABLES

TABLE 1                PERFORATING GUN MARKET SNAPSHOT                 44

TABLE 2                OIL DEMAND GROWTH RATES IN KEY EMERGING ECONOMIES               53

TABLE 3                ROLE OF COMPANIES IN PERFORATING GUN ECOSYSTEM       58

TABLE 4                LIST OF KEY PATENTS, 2021–2023              64

TABLE 5                KEY CONFERENCES AND EVENTS, 2025–2026                 64

TABLE 6                NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  65

TABLE 7                ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  66

TABLE 8                EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           66

TABLE 9                MIDDLE EAST & AFRICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  67

TABLE 10              SOUTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 67

TABLE 11              US-ADJUSTED RECIPROCAL TARIFF RATES, 2024 (USD BILLION) 68

TABLE 12              EXPECTED CHANGE IN PRICES AND LIKELY IMPACT ON END USE MARKET

DUE TO TARIFF IMPACT               69

TABLE 13              PORTER’S FIVE FORCES ANALYSIS            73

TABLE 14              PERFORATING GUN MARKET, BY APPLICATION, 2021–2024 (USD MILLION)            77

TABLE 15              PERFORATING GUN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)            77

TABLE 16              ONSHORE: PERFORATING GUN MARKET, BY REGION, 2021–2024 (USD MILLION)          78

TABLE 17              ONSHORE: PERFORATING GUN MARKET, BY REGION, 2025–2030 (USD MILLION)          78

TABLE 18              OFFSHORE: PERFORATING GUN MARKET, BY REGION, 2021–2024 (USD MILLION)          79

TABLE 19              OFFSHORE: PERFORATING GUN MARKET, BY REGION, 2025–2030 (USD MILLION)          79

TABLE 20              PERFORATING GUN MARKET, BY DEPTH, 2021–2024 (USD MILLION)       81

TABLE 21              PERFORATING GUN MARKET, BY DEPTH, 2025–2030 (USD MILLION)       81

TABLE 22              UP TO 3,000 FT.: PERFORATING GUN MARKET, BY REGION,

2021–2024 (USD MILLION)            82

TABLE 23              UP TO 3,000 FT.: PERFORATING GUN MARKET, BY REGION,

2025–2030 (USD MILLION)            82

TABLE 24              3,001–8,000 FT.: PERFORATING GUN MARKET, BY REGION,

2021–2024 (USD MILLION)            83

TABLE 25              3,001–8,000 FT.: PERFORATING GUN MARKET, BY REGION,

2025–2030 (USD MILLION)            83

TABLE 26              ABOVE 8,000 FT.: PERFORATING GUN MARKET, BY REGION,

2021–2024 (USD MILLION)            84

TABLE 27              ABOVE 8,000 FT.: PERFORATING GUN MARKET, BY REGION,

2025–2030 (USD MILLION)            84

TABLE 28              AVERAGE HOLE SIZE, RDX VS. HMX         86

TABLE 29              PERFORATING GUN MARKET, BY WELL TYPE, 2021–2024 (USD MILLION)            88

TABLE 30              PERFORATING GUN MARKET, BY WELL TYPE, 2025–2030 (USD MILLION)            88

TABLE 31              HORIZONTAL WELL: PERFORATING GUN MARKET, BY REGION,

2021–2024 (USD MILLION)            89

TABLE 32              HORIZONTAL WELL: PERFORATING GUN MARKET, BY REGION,

2025–2030 (USD MILLION)            89

TABLE 33              VERTICAL WELL: PERFORATING GUN MARKET, BY REGION,

2021–2024 (USD MILLION)            90

TABLE 34              VERTICAL WELL: PERFORATING GUN MARKET, BY REGION,

2025–2030 (USD MILLION)            90

TABLE 35              PERFORATING GUN MARKET, BY GUN TYPE, 2021–2024 (USD MILLION)            94

TABLE 36              PERFORATING GUN MARKET, BY GUN TYPE, 2025–2030 (USD MILLION)            95

TABLE 37              THROUGH TUBING HOLLOW CARRIER GUN SYSTEM: PERFORATING GUN MARKET,  BY REGION, 2021–2024 (USD MILLION) 95

TABLE 38              THROUGH TUBING HOLLOW CARRIER GUN SYSTEM: PERFORATING GUN MARKET,  BY REGION, 2025–2030 (USD MILLION) 96

TABLE 39              WIRELINE CONVEYED CASING GUN SYSTEM: PERFORATING GUN MARKET,

BY REGION, 2021–2024 (USD MILLION)   96

TABLE 40              WIRELINE CONVEYED CASING GUN SYSTEM: PERFORATING GUN MARKET,

BY REGION, 2025–2030 (USD MILLION)   97

TABLE 41              THROUGH TUBING EXPOSED GUN SYSTEM: PERFORATING GUN MARKET,

BY REGION, 2021–2024 (USD MILLION)   97

TABLE 42              THROUGH TUBING EXPOSED GUN SYSTEM: PERFORATING GUN MARKET,

BY REGION, 2025–2030 (USD MILLION)   98

TABLE 43              TUBING CONVEYED PERFORATION SYSTEM: PERFORATING GUN MARKET,

BY REGION, 2021–2024 (USD MILLION)   98

TABLE 44              TUBING CONVEYED PERFORATION SYSTEM: PERFORATING GUN MARKET,

BY REGION, 2025–2030 (USD MILLION)   99

TABLE 45              PERFORATING GUN MARKET, BY PRESSURE, 2021–2024 (USD MILLION)            101

TABLE 46              PERFORATING GUN MARKET, BY PRESSURE, 2025–2030 (USD MILLION)            101

TABLE 47              HIGH-PRESSURE: PERFORATING GUN MARKET, BY REGION,

2021–2024 (USD MILLION)            102

TABLE 48              HIGH-PRESSURE: PERFORATING GUN MARKET, BY REGION,

2025–2030 (USD MILLION)            102

TABLE 49              LOW-PRESSURE: PERFORATING GUN MARKET, BY REGION,

2021–2024 (USD MILLION)            103

TABLE 50              LOW-PRESSURE: PERFORATING GUN MARKET, BY REGION,

2025–2030 (USD MILLION)            103

TABLE 51              PERFORATING GUN MARKET, BY REGION, 2021–2024 (USD MILLION)       107

TABLE 52              PERFORATING GUN MARKET, BY REGION, 2025–2030 (USD MILLION)       107

TABLE 53             NORTH AMERICA: PERFORATING GUN MARKET, BY GUN TYPE,

2021–2024 (USD MILLION)            108

TABLE 54             NORTH AMERICA: PERFORATING GUN MARKET, BY GUN TYPE,

2025–2030 (USD MILLION)            109

TABLE 55             NORTH AMERICA: PERFORATING GUN MARKET, BY DEPTH,

2021–2024 (USD MILLION)            109

TABLE 56             NORTH AMERICA: PERFORATING GUN MARKET, BY DEPTH,

2025–2030 (USD MILLION)            109

TABLE 57             NORTH AMERICA: PERFORATING GUN MARKET, BY PRESSURE,

2021–2024 (USD MILLION)            109

TABLE 58             NORTH AMERICA: PERFORATING GUN MARKET, BY PRESSURE,

2025–2030 (USD MILLION)            110

TABLE 59             NORTH AMERICA: PERFORATING GUN MARKET, BY WELL TYPE,

2021–2024 (USD MILLION)            110

TABLE 60             NORTH AMERICA: PERFORATING GUN MARKET, BY WELL TYPE,

2025–2030 (USD MILLION)            110

TABLE 61             NORTH AMERICA: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)          110

TABLE 62             NORTH AMERICA: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            111

TABLE 63             NORTH AMERICA: PERFORATING GUN MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            111

TABLE 64             NORTH AMERICA: PERFORATING GUN MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            111

TABLE 65              US: PERFORATING GUN MARKET, BY WELL TYPE, 2021–2024 (USD MILLION)                112

TABLE 66              US: PERFORATING GUN MARKET, BY WELL TYPE, 2025–2030 (USD MILLION)                112

TABLE 67              US: PERFORATING GUN MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              112

TABLE 68              US: PERFORATING GUN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              112

TABLE 69              CANADA: PERFORATING GUN MARKET, BY WELL TYPE, 2021–2024 (USD MILLION)  113

TABLE 70              CANADA: PERFORATING GUN MARKET, BY WELL TYPE, 2025–2030 (USD MILLION)  113

TABLE 71              CANADA: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            114

TABLE 72              CANADA: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            114

TABLE 73              MEXICO: PERFORATING GUN MARKET, BY WELL TYPE, 2021–2024 (USD MILLION)  114

TABLE 74              MEXICO: PERFORATING GUN MARKET, BY WELL TYPE, 2025–2030 (USD MILLION)  115

TABLE 75              MEXICO: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            115

TABLE 76              MEXICO: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            115

TABLE 77              EUROPE: PERFORATING GUN MARKET, BY GUN TYPE, 2021–2024 (USD MILLION)                116

TABLE 78              EUROPE: PERFORATING GUN MARKET, BY GUN TYPE, 2025–2030 (USD MILLION)                116

TABLE 79              EUROPE: PERFORATING GUN MARKET, BY DEPTH, 2021–2024 (USD MILLION)            116

TABLE 80              EUROPE: PERFORATING GUN MARKET, BY DEPTH, 2025–2030 (USD MILLION)            116

TABLE 81              EUROPE: PERFORATING GUN MARKET, BY PRESSURE, 2021–2024 (USD MILLION)     117

TABLE 82              EUROPE: PERFORATING GUN MARKET, BY PRESSURE, 2025–2030 (USD MILLION)     117

TABLE 83              EUROPE: PERFORATING GUN MARKET, BY WELL TYPE, 2021–2024 (USD MILLION)  117

TABLE 84              EUROPE: PERFORATING GUN MARKET, BY WELL TYPE, 2025–2030 (USD MILLION)  117

TABLE 85              EUROPE: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            118

TABLE 86              EUROPE: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            118

TABLE 87              EUROPE: PERFORATING GUN MARKET, BY COUNTRY, 2021–2024 (USD MILLION)     118

TABLE 88              EUROPE: PERFORATING GUN MARKET, BY COUNTRY, 2025–2030 (USD MILLION)     118

TABLE 89              UK: PERFORATING GUN MARKET, BY WELL TYPE, 2021–2024 (USD MILLION)                119

TABLE 90              UK: PERFORATING GUN MARKET, BY WELL TYPE, 2025–2030 (USD MILLION)                119

TABLE 91              UK: PERFORATING GUN MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              120

TABLE 92              UK: PERFORATING GUN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              120

TABLE 93              RUSSIA: PERFORATING GUN MARKET, BY WELL TYPE, 2021–2024 (USD MILLION)                121

TABLE 94              RUSSIA: PERFORATING GUN MARKET, BY WELL TYPE, 2025–2030 (USD MILLION)                121

TABLE 95              RUSSIA: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            121

TABLE 96              RUSSIA: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            121

TABLE 97              NORWAY: PERFORATING GUN MARKET, BY WELL TYPE,

2021–2024 (USD MILLION)            122

TABLE 98              NORWAY: PERFORATING GUN MARKET, BY WELL TYPE,

2025–2030 (USD MILLION)            122

TABLE 99              NORWAY: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            123

TABLE 100            NORWAY: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)          123

TABLE 101            REST OF EUROPE: PERFORATING GUN MARKET, BY WELL TYPE,

2021–2024 (USD MILLION)            123

TABLE 102            REST OF EUROPE: PERFORATING GUN MARKET, BY WELL TYPE,

2025–2030 (USD MILLION)            124

TABLE 103            REST OF EUROPE: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            124

TABLE 104            REST OF EUROPE: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            124

TABLE 105            SOUTH AMERICA: PERFORATING GUN MARKET, BY GUN TYPE,

2021–2024 (USD MILLION)            125

TABLE 106            SOUTH AMERICA: PERFORATING GUN MARKET, BY GUN TYPE,

2025–2030 (USD MILLION)            125

TABLE 107            SOUTH AMERICA: PERFORATING GUN MARKET, BY DEPTH,

2021–2024 (USD MILLION)            125

TABLE 108            SOUTH AMERICA: PERFORATING GUN MARKET, BY DEPTH,

2025–2030 (USD MILLION)            125

TABLE 109            SOUTH AMERICA: PERFORATING GUN MARKET, BY PRESSURE,

2021–2024 (USD MILLION)            126

TABLE 110            SOUTH AMERICA: PERFORATING GUN MARKET, BY PRESSURE,

2025–2030 (USD MILLION)            126

TABLE 111            SOUTH AMERICA: PERFORATING GUN MARKET, BY WELL TYPE,

2021–2024 (USD MILLION)            126

TABLE 112            SOUTH AMERICA: PERFORATING GUN MARKET, BY WELL TYPE,

2025–2030 (USD MILLION)            126

TABLE 113            SOUTH AMERICA: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            127

TABLE 114            SOUTH AMERICA: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            127

TABLE 115            SOUTH AMERICA: PERFORATING GUN MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            127

TABLE 116            SOUTH AMERICA: PERFORATING GUN MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            127

TABLE 117            BRAZIL: PERFORATING GUN MARKET, BY WELL TYPE, 2021–2024 (USD MILLION)                128

TABLE 118            BRAZIL: PERFORATING GUN MARKET, BY WELL TYPE, 2025–2030 (USD MILLION)                128

TABLE 119            BRAZIL: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            128

TABLE 120            BRAZIL: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            129

TABLE 121            ARGENTINA: PERFORATING GUN MARKET, BY WELL TYPE,

2021–2024 (USD MILLION)            129

TABLE 122            ARGENTINA: PERFORATING GUN MARKET, BY WELL TYPE,

2025–2030 (USD MILLION)            129

TABLE 123            ARGENTINA: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            130

TABLE 124            ARGENTINA: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            130

TABLE 125            VENEZUELA: PERFORATING GUN MARKET, BY WELL TYPE,

2021–2024 (USD MILLION)            130

TABLE 126            VENEZUELA: PERFORATING GUN MARKET, BY WELL TYPE,

2025–2030 (USD MILLION)            131

TABLE 127            VENEZUELA: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)          131

TABLE 128            VENEZUELA: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            131

TABLE 129            REST OF SOUTH AMERICA: PERFORATING GUN MARKET, BY WELL TYPE,

2021–2024 (USD MILLION)            132

TABLE 130            REST OF SOUTH AMERICA: PERFORATING GUN MARKET, BY WELL TYPE,

2025–2030 (USD MILLION)            132

TABLE 131            REST OF SOUTH AMERICA: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            132

TABLE 132            REST OF SOUTH AMERICA: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            132

TABLE 133            MIDDLE EAST & AFRICA: PERFORATING GUN MARKET, BY GUN TYPE,

2021–2024 (USD MILLION)            133

TABLE 134            MIDDLE EAST & AFRICA: PERFORATING GUN MARKET, BY GUN TYPE,

2025–2030 (USD MILLION)            133

TABLE 135            MIDDLE EAST & AFRICA: PERFORATING GUN MARKET, BY DEPTH,

2021–2024 (USD MILLION)          134

TABLE 136            MIDDLE EAST & AFRICA: PERFORATING GUN MARKET, BY DEPTH,

2025–2030 (USD MILLION)            134

TABLE 137            MIDDLE EAST & AFRICA: PERFORATING GUN MARKET, BY PRESSURE,

2021–2024 (USD MILLION)            134

TABLE 138            MIDDLE EAST & AFRICA: PERFORATING GUN MARKET, BY PRESSURE,

2025–2030 (USD MILLION)            134

TABLE 139            MIDDLE EAST & AFRICA: PERFORATING GUN MARKET, BY WELL TYPE,

2021–2024 (USD MILLION)            135

TABLE 140            MIDDLE EAST & AFRICA: PERFORATING GUN MARKET, BY WELL TYPE,

2025–2030 (USD MILLION)            135

TABLE 141            MIDDLE EAST & AFRICA: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)          135

TABLE 142            MIDDLE EAST & AFRICA: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            135

TABLE 143            MIDDLE EAST & AFRICA: PERFORATING GUN MARKET, BY COUNTRY,

2021–2024 (USD MILLION)          136

TABLE 144            MIDDLE EAST & AFRICA: PERFORATING GUN MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            136

TABLE 145            SAUDI ARABIA: PERFORATING GUN MARKET, BY WELL TYPE,

2021–2024 (USD MILLION)            137

TABLE 146            SAUDI ARABIA: PERFORATING GUN MARKET, BY WELL TYPE,

2025–2030 (USD MILLION)            137

TABLE 147            SAUDI ARABIA: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            137

TABLE 148            SAUDI ARABIA: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            137

TABLE 149            UAE: PERFORATING GUN MARKET, BY WELL TYPE, 2021–2024 (USD MILLION)                138

TABLE 150            UAE: PERFORATING GUN MARKET, BY WELL TYPE, 2025–2030 (USD MILLION)                138

TABLE 151            UAE: PERFORATING GUN MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              138

TABLE 152            UAE: PERFORATING GUN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              139

TABLE 153            ALGERIA: PERFORATING GUN MARKET, BY WELL TYPE, 2021–2024 (USD MILLION)  139

TABLE 154            ALGERIA: PERFORATING GUN MARKET, BY WELL TYPE, 2025–2030 (USD MILLION)  140

TABLE 155            ALGERIA: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            140

TABLE 156            ALGERIA: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            140

TABLE 157            NIGERIA: PERFORATING GUN MARKET, BY WELL TYPE, 2021–2024 (USD MILLION)  141

TABLE 158            NIGERIA: PERFORATING GUN MARKET, BY WELL TYPE, 2025–2030 (USD MILLION)  141

TABLE 159            NIGERIA: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            141

TABLE 160            NIGERIA: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            141

TABLE 161            REST OF MIDDLE EAST & AFRICA: PERFORATING GUN MARKET,

BY WELL TYPE,  2021–2024 (USD MILLION)         142

TABLE 162            REST OF MIDDLE EAST & AFRICA: PERFORATING GUN MARKET,

BY WELL TYPE,  2025–2030 (USD MILLION)         142

TABLE 163            REST OF MIDDLE EAST & AFRICA: PERFORATING GUN MARKET,

BY APPLICATION,  2021–2024 (USD MILLION)    143

TABLE 164            REST OF MIDDLE EAST & AFRICA: PERFORATING GUN MARKET,

BY APPLICATION,  2025–2030 (USD MILLION)    143

TABLE 165            ASIA PACIFIC: PERFORATING GUN MARKET, BY GUN TYPE,

2021–2024 (USD MILLION)            144

TABLE 166            ASIA PACIFIC: PERFORATING GUN MARKET, BY GUN TYPE,

2025–2030 (USD MILLION)            144

TABLE 167            ASIA PACIFIC: PERFORATING GUN MARKET, BY DEPTH, 2021–2024 (USD MILLION)            144

TABLE 168            ASIA PACIFIC: PERFORATING GUN MARKET, BY DEPTH, 2025–2030 (USD MILLION)            144

TABLE 169            ASIA PACIFIC: PERFORATING GUN MARKET, BY PRESSURE,

2021–2024 (USD MILLION)            145

TABLE 170            ASIA PACIFIC: PERFORATING GUN MARKET, BY PRESSURE,

2025–2030 (USD MILLION)            145

TABLE 171            ASIA PACIFIC: PERFORATING GUN MARKET, BY WELL TYPE,

2021–2024 (USD MILLION)            145

TABLE 172            ASIA PACIFIC: PERFORATING GUN MARKET, BY WELL TYPE,

2025–2030 (USD MILLION)            145

TABLE 173            ASIA PACIFIC: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            146

TABLE 174            ASIA PACIFIC: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            146

TABLE 175            ASIA PACIFIC: PERFORATING GUN MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            146

TABLE 176            ASIA PACIFIC: PERFORATING GUN MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            147

TABLE 177            CHINA: PERFORATING GUN MARKET, BY WELL TYPE, 2021–2024 (USD MILLION)                147

TABLE 178            CHINA: PERFORATING GUN MARKET, BY WELL TYPE, 2025–2030 (USD MILLION)                148

TABLE 179            CHINA: PERFORATING GUN MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              148

TABLE 180            CHINA: PERFORATING GUN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              148

TABLE 181            INDIA: PERFORATING GUN MARKET, BY WELL TYPE, 2021–2024 (USD MILLION)                149

TABLE 182            INDIA: PERFORATING GUN MARKET, BY WELL TYPE, 2025–2030 (USD MILLION)                149

TABLE 183            INDIA: PERFORATING GUN MARKET, BY APPLICATION, 2021–2024 (USD MILLION)              149

TABLE 184            INDIA: PERFORATING GUN MARKET, BY APPLICATION, 2025–2030 (USD MILLION)              149

TABLE 185            AUSTRALIA: PERFORATING GUN MARKET, BY WELL TYPE,

2021–2024 (USD MILLION)            150

TABLE 186            AUSTRALIA: PERFORATING GUN MARKET, BY WELL TYPE,

2025–2030 (USD MILLION)            150

TABLE 187            AUSTRALIA: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            151

TABLE 188            AUSTRALIA: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            151

TABLE 189            MALAYSIA: PERFORATING GUN MARKET, BY WELL TYPE,

2021–2024 (USD MILLION)            151

TABLE 190            MALAYSIA: PERFORATING GUN MARKET, BY WELL TYPE,

2025–2030 (USD MILLION)            152

TABLE 191            MALAYSIA: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            152

TABLE 192            MALAYSIA: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            152

TABLE 193            INDONESIA: PERFORATING GUN MARKET, BY WELL TYPE,

2021–2024 (USD MILLION)            153

TABLE 194            INDONESIA: PERFORATING GUN MARKET, BY WELL TYPE,

2025–2030 (USD MILLION)            153

TABLE 195            INDONESIA: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            153

TABLE 196            INDONESIA: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            153

TABLE 197            REST OF ASIA PACIFIC: PERFORATING GUN MARKET, BY WELL TYPE,

2021–2024 (USD MILLION)            154

TABLE 198            REST OF ASIA PACIFIC: PERFORATING GUN MARKET, BY WELL TYPE,

2025–2030 (USD MILLION)            154

TABLE 199            REST OF ASIA PACIFIC: PERFORATING GUN MARKET, BY APPLICATION,

2021–2024 (USD MILLION)            155

TABLE 200            REST OF ASIA PACIFIC: PERFORATING GUN MARKET, BY APPLICATION,

2025–2030 (USD MILLION)            155

TABLE 201            PERFORATING GUN MARKET: OVERVIEW OF STRATEGIES ADOPTED

BY KEY PLAYERS, 2021–2025          156

TABLE 202            PERFORATING GUN MARKET: DEGREE OF COMPETITION, 2024       158

TABLE 203            PERFORATING GUN MARKET: REGION FOOTPRINT       165

TABLE 204            PERFORATING GUN MARKET: GUN TYPE FOOTPRINT       166

TABLE 205            PERFORATING GUN MARKET: WELL PRESSURE TYPE FOOTPRINT            167

TABLE 206            PERFORATING GUN MARKET: WELL TYPE FOOTPRINT       168

TABLE 207            PERFORATING GUN MARKET: APPLICATION FOOTPRINT       169

TABLE 208            PERFORATING GUN MARKET: PRODUCT LAUNCHES, JANUARY 2020–

JANUARY 2025    170

TABLE 209            PERFORATING GUN MARKET: DEALS, JANUARY 2020–JANUARY 2025         171

TABLE 210            PERFORATING GUN MARKET: EXPANSION, JANUARY 2020–JANUARY 2025     172

TABLE 211            PERFORATING GUN MARKET: OTHER DEVELOPMENTS, JANUARY 2020–

JANUARY 2025    173

TABLE 212            SLB: COMPANY OVERVIEW          174

TABLE 213            SLB: PRODUCTS/SERVICES OFFERED     175

TABLE 214            SLB: DEALS         176

TABLE 215            SLB: OTHER DEVELOPMENTS   177

TABLE 216            SLB: PRODUCT LAUNCHES          178

TABLE 217            WEATHERFORD: COMPANY OVERVIEW 180

TABLE 218            WEATHERFORD: PRODUCTS/SERVICES OFFERED             181

TABLE 219            WEATHERFORD: DEALS                182

TABLE 220            WEATHERFORD: OTHER DEVELOPMENTS                 182

TABLE 221            BAKER HUGHES COMPANY: COMPANY OVERVIEW          184

TABLE 222            BAKER HUGHES COMPANY: PRODUCTS/SERVICES OFFERED               185

TABLE 223            BAKER HUGHES COMPANY: DEALS         186

TABLE 224            BAKER HUGHES COMPANY: OTHER DEVELOPMENTS              187

TABLE 225            HALLIBURTON: COMPANY OVERVIEW  189

TABLE 226            HALLIBURTON: PRODUCTS/SERVICES OFFERED             190

TABLE 227            HALLIBURTON: DEALS 191

TABLE 228            NOV: COMPANY  OVERVIEW    193

TABLE 229            NOV: PRODUCTS/SERVICES OFFERED   194

TABLE 230            NOV: DEALS       195

TABLE 231            NOV: OTHER DEVELOPMENTS 195

TABLE 232            CORE LABORATORIES: COMPANY OVERVIEW                 197

TABLE 233            CORE LABORATORIES: PRODUCTS/SERVICES OFFERED             198

TABLE 234            CORE LABORATORIES: DEALS   199

TABLE 235            EXPRO GROUP: COMPANY OVERVIEW  200

TABLE 236            EXPRO GROUP: PRODUCTS/SERVICES OFFERED                 201

TABLE 237            EXPRO GROUP: DEALS  202

TABLE 238            XI’AN ZZ TOP OIL TOOLS CO., LTD: COMPANY OVERVIEW          204

TABLE 239            XI’AN ZZ TOP OIL TOOLS CO., LTD: PRODUCTS/SERVICES OFFERED               204

TABLE 240            LLC “PROMPERFORATOR”: COMPANY OVERVIEW          205

TABLE 241            LLC “PROMPERFORATOR”: PRODUCTS/SERVICES OFFERED               205

TABLE 242            G&H DIVERSIFIED MANUFACTURING, L.P.: COMPANY OVERVIEW   207

TABLE 243            G&H DIVERSIFIED MANUFACTURING, L.P.: PRODUCTS/SERVICES OFFERED               207

TABLE 244            REPEAT PRECISION: COMPANY OVERVIEW                 208

TABLE 245            REPEAT PRECISION: PRODUCTS/SERVICES OFFERED             208

TABLE 246            OSO PERFORATING: COMPANY OVERVIEW                 209

TABLE 247            OSO PERFORATING: PRODUCTS/SERVICES OFFERED             209

TABLE 248            WELLMATICS: COMPANY OVERVIEW     210

TABLE 249            WELLMATICS: PRODUCTS/SERVICES OFFERED                 210

TABLE 250            DMC GLOBAL: COMPANY OVERVIEW    211

TABLE 251            DMC GLOBAL: PRODUCTS/SERVICES OFFERED                 213

TABLE 252            DMC GLOBAL: PRODUCT LAUNCHES     213

TABLE 253            GEODYNAMICS.: COMPANY OVERVIEW 215

TABLE 254            GEODYNAMICS: PRODUCTS/SERVICES OFFERED             215

TABLE 255            GEODYNAMICS: PRODUCT LAUNCHES 216

LIST OF FIGURES

FIGURE 1              PERFORATING GUN MARKET SEGMENTATION  AND REGIONAL SCOPE 25

FIGURE 2              PERFORATING GUN MARKET: RESEARCH DESIGN                30

FIGURE 3              PERFORATING GUN MARKET: DATA TRIANGULATION             34

FIGURE 4              PERFORATING GUN MARKET: BOTTOM-UP APPROACH         35

FIGURE 5              PERFORATING GUN MARKET: TOP-DOWN APPROACH         36

FIGURE 6              PERFORATING GUN MARKET: DEMAND-SIDE ANALYSIS            37

FIGURE 7              KEY METRICS CONSIDERED FOR ASSESSING SUPPLY OF

PERFORATING GUN MARKET     38

FIGURE 8              PERFORATING GUN MARKET: SUPPLY-SIDE ANALYSIS            39

FIGURE 9              MARKET SHARE ANALYSIS OF PERFORATING GUN MARKET, 2024         40

FIGURE 10            CRUDE OIL PRICE VS. RIG COUNT, 2020–2024                 41

FIGURE 11            CRUDE OIL PRICE TREND, 2020–2025       42

FIGURE 12            NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE IN 2025 45

FIGURE 13            HORIZONTAL WELL TO LEAD MARKET IN 2025                 45

FIGURE 14            ONSHORE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030             46

FIGURE 15            HIGH-PRESSURE SEGMENT TO LEAD MARKET IN 2030  46

FIGURE 16            3,001–8,000 SEGMENT TO GARNER LARGEST MARKET SHARE IN 2030 47

FIGURE 17            TUBING CONVEYED PERFORATION SYSTEM SEGMENT TO LEAD MARKET IN 2025      47

FIGURE 18            RISING EMPHASIS ON PROMOTING LOCAL ENERGY PRODUCTION TO

FOSTER MARKET GROWTH         48

FIGURE 19            MIDDLE EAST & AFRICA TO WITNESS HIGHEST GROWTH DURING

FORECAST PERIOD         49

FIGURE 20            HORIZONTAL WELL TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030             49

FIGURE 21            ONSHORE SEGMENT TO LEAD MARKET IN 2030                 50

FIGURE 22            LOW-PRESSURE SEGMENT TO DOMINATE MARKET IN 2030                50

FIGURE 23            3,001–8,000 FT SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2030             50

FIGURE 24            TUBING CONVEYED PERFORATION SYSTEM SEGMENT TO DOMINATE

MARKET  IN 2030             51

FIGURE 25            PERFORATING GUN MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES          52

FIGURE 26            EUROPEAN OIL PRICES, 2016–2023            54

FIGURE 27            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS   57

FIGURE 28            PERFORATING GUN MARKET: SUPPLY CHAIN ANALYSIS            57

FIGURE 29            PERFORATING GUN ECOSYSTEM             59

FIGURE 30            PATENT APPLIED AND GRANTED, 2015–2024                 63

FIGURE 31            PORTER’S FIVE FORCES ANALYSIS            74

FIGURE 32            PERFORATING GUN MARKET SHARE, BY APPLICATION, 2024         77

FIGURE 33           PERFORATING GUN MARKET SHARE, BY DEPTH, 2024        81

FIGURE 34            PERFORATING GUN MARKET SHARE, BY WELL TYPE, 2024           88

FIGURE 35            PERFORATING GUN MARKET SHARE, BY GUN TYPE, 2024           94

FIGURE 36            PERFORATING GUN MARKET SHARE, BY PRESSURE, 2024 101

FIGURE 37            PERFORATING GUN MARKET SHARE, BY REGION, 2024     106

FIGURE 38            ASIA PACIFIC TO REGISTER HIGHEST CAGR IN GLOBAL PERFORATING GUN MARKET DURING FORECAST PERIOD                106

FIGURE 39            NORTH AMERICA: PERFORATING GUN MARKET SNAPSHOT          108

FIGURE 40            MARKET SHARE ANALYSIS OF KEY PLAYERS OFFERING PERFORATING GUN MODELS, 2024   159

FIGURE 41            PERFORATING GUN MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS,

2020–2024              161

FIGURE 42            PERFORATING GUN MARKET: COMPANY EVALUATION MATRIX, 2024         162

FIGURE 43            PERFORATING GUN MARKET: MARKET FOOTPRINT       163

FIGURE 44            PERFORATING GUN MARKET: COMPANY FOOTPRINT       164

FIGURE 45            SLB: COMPANY SNAPSHOT         175

FIGURE 46            WEATHERFORD: COMPANY SNAPSHOT                 181

FIGURE 47            BAKER HUGHES COMPANY: COMPANY SNAPSHOT          185

FIGURE 48            HALLIBURTON: COMPANY SNAPSHOT  190

FIGURE 49            NOV: COMPANY SNAPSHOT       194

FIGURE 50            CORE LABORATORIES: COMPANY SNAPSHOT                 198

FIGURE 51            EXPRO GROUP: COMPANY SNAPSHOT  201

FIGURE 52            DMC GLOBAL: COMPANY SNAPSHOT    212