1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Market Trends

Oil and Gas Drilling Equipment Manufacturing - Industry Market Research Report

  • November 2016
  • 38 pages
  • Ibisworld
Report ID: 2253152

Summary

Table of Contents

Search Inside

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

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Amrita helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Oilfield Services Market by Application, Service, and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • May 2017
  • by MarketsandMarkets

“The oilfield services market is projected to grow at a CAGR of 3.35%, from 2017 to 2022.” The oilfield services market is projected to reach USD 125.51 billion by 2022, at a CAGR of 3.35%, from 2017 ...

Offshore Decommissioning Market by Service, Depth, Structure, Removal, and Region – Global Forecast to 2025

  • $ 5650
  • Industry report
  • May 2017
  • by MarketsandMarkets

“The offshore decommissioning market is projected to grow at a CAGR of 5.05%, from 2017 to 2025.” The offshore decommissioning market is projected to reach USD 8.76 billion by 2025, growing at a CAGR ...

Wireless Gas Detection Market by Technology, Type, Software, Services, and Geography - Global Forecast to 2023

  • $ 5650
  • Industry report
  • June 2017
  • by MarketsandMarkets

The wireless gas detection market is projected to grow at a CAGR of 16.03% during the forecast period The wireless gas detection market is expected to reach USD 3.01 billion by 2023, at a CAGR of 16.03% ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.