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Slow dig: As commodity prices increase, demand will follow suit



Abstract

Oil and Gas Drilling Equipment Manufacturing

The Oil and Gas Drilling Equipment Manufacturing industry has greatly benefited from a resurgence in the oil and gas extraction sector in the United States especially in the first-half of the five-year period. The emergence of hydraulic fracturing technology and horizontal drilling techniques significantly boosted demand for industry products during that period. However, the decline in oil prices beginning late 2014 impacted the industry significantly. Demand is expected to recover over the next five years, as the United States continues to emphasize on energy self-sufficiency. Trade plays an important role in the industry, with exports accounting for nearly one-third of industry revenue. Over the next five years, as global oil and gas companies rebound from the downturn and explore for and develop resources, demand for industry exports is anticipated to increase.


This industry manufactures oil and gas drilling 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.



Related Reports

Oil Drilling & Gas Extraction in the US

Construction Machinery Manufacturing in the US

Mining, Oil & Gas Machinery Manufacturing in the US

Oil & Gas Pipeline Construction in the US

Table Of Contents

Oil and Gas Drilling Equipment Manufacturing - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY



MAJOR COMPANIES

Baker Hughes Inc.

Schlumberger Ltd.

National Oilwell Varco Inc.

Halliburton Company

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