According to our (Global Info Research) latest study, the global Perforating Equipment market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Perforation is a key technology in the process of oil and gas extraction. It forms channels on the casing and cement ring of the wellbore by using special perforating equipment, thereby establishing a connection between the formation and the wellbore, so that the reservoir fluid can flow smoothly into the wellbore. Perforation is a process before oil testing. The perforating gun is lowered to a predetermined depth, and the casing and cement ring of the target layer are shot open by perforating bullets to form a connecting channel from the formation to the wellbore, so as to facilitate oil and gas production. Perforating equipment is divided into two categories: pyrotechnics and non-pyrotechnics. Pyrotechnics refer to components that can explode under the stimulation of external energy to achieve a predetermined function. They include perforating bullets, detonating cords, and boosters; non-pyrotechnics include perforating guns, tubing, shock absorbers, etc. The technical specifications and quality evaluation system of perforating equipment are crucial to ensure the safety and efficiency of perforating operations. In practical applications, the selection of perforating equipment and the design of perforating technology need to comprehensively consider geological conditions, completion strategies, and production requirements to achieve the best perforating effect and production efficiency of oil and gas wells.
This report is a detailed and comprehensive analysis for global Perforating Equipment market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Perforating Equipment market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Perforating Equipment market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Perforating Equipment market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Perforating Equipment market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Perforating Equipment
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Perforating Equipment market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SLB, Core Laboratories, Halliburton, Hunting PLC, Baker Hughes, Weatherford, National Oilwell Varco, Promperforator, Hunt and Hunt Ltd, DMC Global Inc., etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Perforating Equipment market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Explosives Products
Non-explosive Products
Market segment by Application
Vertical Well
Horizontal Well
Major players covered
SLB
Core Laboratories
Halliburton
Hunting PLC
Baker Hughes
Weatherford
National Oilwell Varco
Promperforator
Hunt and Hunt Ltd
DMC Global Inc.
Daqing Oilfield Engineering Co., Ltd.
Xi'an Fangyuan Energy Engineering Co., Ltd.
CNPC Logging
Yingkou Shuanglong Perforating Equipment Co., Ltd.
Shandong Shengli Weiye Petroleum Engineering Technology Service Co., Ltd.
Shanghai Aerospace Energy Co., Ltd.
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Perforating Equipment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Perforating Equipment, with price, sales quantity, revenue, and global market share of Perforating Equipment from 2020 to 2025.
Chapter 3, the Perforating Equipment competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Perforating Equipment breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Perforating Equipment market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Perforating Equipment.
Chapter 14 and 15, to describe Perforating Equipment sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Perforating Equipment. Industry analysis & Market Report on Perforating Equipment is a syndicated market report, published as Global Perforating Equipment Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Perforating Equipment market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.