Mining, Oil & Gas Machinery Manufacturing in Canada
Canada is one of the world's largest energy producers, and the country's standing in global energy markets has greatly benefited the Mining, Oil and Gas Machinery Manufacturing industry. The mining sector in Canada is significant; however, the oil and gas sectors are the primary drivers of industry performance. Vast oil and gas reserves in Canada became increasingly economical as technology improved. The environmental impact of unconventional oil and gas extraction techniques, which require the use of this industry's products, has been widely debated, and this debate is expected to continue through the next five years.
This 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.
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.