About the Mining, Oil & Gas Machinery Manufacturing in Newfoundland Market Research Report
What’s Included in the Mining, Oil & Gas Machinery Manufacturing in Newfoundland Market Research Report
Definition of the Mining, Oil & Gas Machinery Manufacturing in Newfoundland?
The industry manufactures 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. The following are excluded: machinery with dual construction and mining uses, conveyors for coal and ore, underground mining locomotives and offshore drilling production platforms.
What’s included in the Mining, Oil & Gas Machinery Manufacturing in Newfoundland?
The Mining, Oil & Gas Machinery Manufacturing in Newfoundland includes manufacturing oil and gas derricks, manufacturing mineral- and stone-beneficiating machinery, manufacturing mining cars, manufacturing oil and gas field drilling machinery and equipment, except offshore floating platforms, manufacturing ore crushing, washing, screening and loading machinery and manufacturing water well drilling machinery. Related terms covered in the Mining, Oil & Gas Machinery Manufacturing in Newfoundland industry report includes motors, connectors and other equipment that perform their functions within a borehole, an organic compound found mostly in crude oil that, when processed, acts as a significant energy source and an area of a manufacturing plant in which similar products are grouped together for isolated assembly, testing and quality control, usually by a single employee.
Industry Performance of the Mining, Oil & Gas Machinery Manufacturing industry in Newfoundland
Benchmark the Mining, Oil & Gas Machinery Manufacturing in Newfoundland industry performance with all NL Census Metropolitan Area and national performance.
Mining, Oil & Gas Machinery Manufacturing in Newfoundland
#8 in Highest Revenue 0.4% of province's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Mining, Oil & Gas Machinery Manufacturing in Canada
Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)
For the full list of industry drivers, see report purchase options.
Key Drivers of the Mining, Oil & Gas Machinery Manufacturing industry in Newfoundland
See how key industry drivers, such as median houshold income, private investment in non-residential construction, gross domestic product, canadian effective exchange rate index, world price of natural gas and world price of copper are impacting Mining, Oil & Gas Machinery Manufacturing in Newfoundland
Newfoundland Economic Indicators
Median Houshold Income
Private Investment in Non-Residential Construction
Gross Domestic Product
View more economic information in NL State Economic profile
Canada Key External Drivers
Canadian effective exchange rate index
World price of natural gas
World price of copper
For the full list of industry drivers, see report purchase options.
Census Metropolitan Area Data of the Mining, Oil & Gas Machinery Manufacturing industry in Newfoundland
Access proprietary data on Census Metropolitan Area in the Mining, Oil & Gas Machinery Manufacturing in Newfoundland, such as St. John's. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.
Key Statistics of the Mining, Oil & Gas Machinery Manufacturing industry in Newfoundland
Download 18 years of historical data and 5 years of projected performance.
