SEARCH   
MEMBER LOGIN    

Mining, Oil & Gas Machinery Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Mining, Oil & Gas Machinery Manufacturing Market Research Report | NAICS 33313 | Apr 2015

Digging deep: Global efforts to discover oil and gas reserves will spur demand for machinery

The Mining, Oil & Gas Machinery Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$27bn
Annual Growth 10-15
3.3%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
59,241
Businesses
866
Industry Analysis & Industry Trends

Underpinned by booming global demand for mineral and energy commodities, the Mining, Oil and Gas Machinery Manufacturing industry's revenue is estimated to grow. Rising resource prices led mining and oil industries to expand existing production and increase exploration, resulting in strong demand for machinery and equipment. In the next five years, rising commodity prices and economic recovery will encourage customers in downstream sectors to spend on machinery and equipment. Additionally, heightened global efforts to discover new oil and gas reserves will further stimulate industry sales... purchase to read more

Industry Report - Industry Investment Chapter

The Mining, Oil and Gas Machinery Manufacturing industry exhibits a low level of capital intensity. IBISWorld estimates that for every $1.00 spent on wages, industry operators will spend about $0.09 in capital investment. High levels of trade make it lucrative for countries to produce equipment abroad through the use of labor in low wage-cost countries. Instead of dominating the market through product volume and price, firms rely on mergers and acquisitions to expand their respective shares. Also, the willingness and ability to develop niche products for location-specific purposes has the effect of increasing the value of production while lowering the volume... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Mining, Oil & Gas Machinery Manufacturing Industry?

Companies in this industry manufacture oil and gas field equipment and underground mining machinery. Products include rotary and portable drilling rigs and parts; crushing, pulverizing, screening and mineral processing machinery; and derricks, substructures and related accessories. Parts are included, but support services are excluded.

Industry Products
Oil and gas field machineryRotary oil and gas field drilling machineryOther oil and gas field drilling machineryPortable drilling rigs and partsUnderground mining machinery Drills and other mining machineryCrushing, pulverizing and screening machineryMineral processing machinery
 
Industry Activities
Manufacturing oil and gas field machinery and equipmentManufacturing rotary oil and gas field drilling machinery and equipmentManufacturing other oil and gas field drilling machinery and equipmentManufacturing portable drilling rigs and partsManufacturing underground mining machinery and equipmentManufacturing crushing, pulverizing and screening machinery and equipmentManufacturing drills and other mining machineryManufacturing mineral processing machinery


View Sample
Quote
Select Clients