Perforating Gun Market Create High Revenue Pockets for the Global Oil & Gas Industry from 2017 to 2022
The perforating gun market is expected to grow at a CAGR of 3.71%, from 2017 to 2022, to reach a market size of USD 898.7 million by 2022. Rising oil and gas production, increase in the average well depth over the years, growing complexity of the reservoir condition and increased shale gas exploration are the major factors driving the perforating gun market.
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