The global mining and oil & gas field machinery manufacturing market should reach $324.1 billion by 2020 from $265 billion in 2016 at a compound annual growth rate (CAGR) of 5.2%, from 2016 to 2020.
Report Includes
An overview of the global market for mining and oil and gas field machinery manufacturing
Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2020
Detailed analyses of the market's drivers, restraints, opportunities, and future developments to help develop strategies
Breakdowns of the market by region and country, including the size of the market by region, and their historic and forecast market growth
Comprehensive profiles of leading companies in the industry
Report Scope
This research report categorizes the mining and oil & gas field machinery manufacturing market by type. Product type include oil & gas field machinery and equipment, mining machinery and equipment, and others.
Analyst Credentials
BCC Research analysts craft reference reports with a unique end noted referencing methodology, which allows users to cross reference and trace market numbers back to their source. These individuals are experts in secondary research and primary forecasting - compiling and layering existing data with their original research and analysis. The team has decades of combined experience covering a wide range of industries, including healthcare, advanced materials and emerging technologies
Mining and Oil & Gas Field Machinery Manufacturing: Global Markets to 2020
The global market for deep sea mining should grow from $650.0 million in 2020 to $15.3 billion by 2030 at a compound annual growth rate (CAGR) of 37.1% from 2020 to 2030.
The global market for automated mining equipment should grow from $6.2 billion in 2018 to $19.6 billion by 2023 at a compound annual growth rate (CAGR) of 25.6% for the period of 2018-2023.
The global market for drill pipes will grow from $1.7 billion in 2017 to $1.9 billion by 2022, at a compound annual growth rate (CAGR) of 2.1% for the period of 2017-2022.
The global market for advanced exploration and downhole technology reached $163.2 billion in 2015. This market is estimated to reach $233.4 billion in 2021 from $175.8 billion in 2016 at a compound annual growth rate (CAGR) of 5.8% for 2016-2021.
The North American market for produced water treatment equipment reached $1.0 billion in 2014. This market is expected to reach $1.1 billion in 2015 and $1.6 billion in 2020, increasing at a compound annual growth (CAGR) of 8.2% over the next five years.
Nana Lapham | Aug 2015
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