Mining, Oil & Gas Machinery Manufacturing in the US

Technology Shifts Up a Gear

Additional and more complex equipment may be required by the oil and gas industry as they continue to seek more innovative and technologically-efficient means to extract hydrocarbons from existing fields. In addition, many new oil and gas fields produce lower quality or contaminated hydrocarbon streams that require more complex production equipment. While for the mining sector, machinery purchases will be promoted by recent rises in mineral commodity demand and prices.

This industry comprises establishments primarily engaged in manufacturing oil and gas field and underground mining machinery and equipment. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.