Industry Analysis & Industry Trends
Downstream volatility has rocked the Mining, Oil and Gas Machinery Manufacturing industry over the past five years. Booming global energy demand promoted strong growth early in the period, but falling oil prices and appreciation of the US dollar has caused declines over the past two years. Over the next five years, the industry is expected to begin to rebound from this downturn, as a recovery in commodity prices will encourage downstream investment in productive capacity. Still, the continued appreciation of the dollar will dampen export volumes and present a challenge to the industry... purchase to read more
Industry Report - Industry Products Chapter
The Mining, Oil and Gas Machinery Manufacturing industry provides machinery and equipment for extracting raw materials from the earth. This industry produces drills and bits that bore holes to make desired materials accessible; however, a host of other equipment is needed to regulate pressure at wellheads, separate materials on site and power large machines in remote areas. Additionally, the industry produces machinery for both underground and surface mining operations.
Oil and gas machinery and equipment
Oil and gas machinery and equipment includes rotary drilling machinery, field production equipment, portable drilling rigs, and field derricks, surveying machinery and various parts and components for these products... purchase to read more