As per a report by P&S Intelligence, the perforating gun market generated a value of USD 1,112 million in 2022, and it will advance at a 5.70% CAGR, to touch USD 1,733 million, by 2030.
The growth of the industry is mainly due to the increasing oil and gas profits and earnings, growing average well depth over time, increasing activities of E&P, rising shale gas exploration, and...
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