US NAICS OD4724|Statistics

Oil & Gas Drilling Equipment Manufacturing in the US - Market Size (2021-2031)

Name: Oil & Gas Drilling Equipment Manufacturing in the US
Creator: IBISWorld
License: https://www.ibisworld.com/about/termsofuse/

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The market size of the Oil & Gas Drilling Equipment Manufacturing industry in the US is $xx.xx, which is expected to decline at xx% over the next five years. Operators in this industry manufacture oil and gas drilling machinery and equipment to sell to extractors.

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Market Size

Total value ($) and annual change from 2012 – 2030.

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Revenue

$XX

2021-2026 XX%

2026-2031 XX%

Employees

XX

2021-2026 XX%

2026-2031 XX%

Businesses

XX

2021-2026 XX%

2026-2031 XX%

Profit

$XX

2021-2026 XX%

Profit Margin

XX%

2021-2026 XX%

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Industries related to this market

Explore industries with similar markets, supply chains, and economic drivers to gain broader context and insights.

Related Industries

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Industry	Sector	Last 5-yr CAGR	Forecast 5-year CAGR	Revenue
Oil Drilling & Gas Extraction in the US	Specialist Engineering, Infrastructure and Contractors	XX%	XX%	$XX
Construction Machinery Manufacturing in the US	Specialist Engineering, Infrastructure and Contractors	XX%	XX%	$XX
Mining, Oil & Gas Machinery Manufacturing in the US	Specialist Engineering, Infrastructure and Contractors	XX%	XX%	$XX
Oil & Gas Pipeline Construction in the US	Specialist Engineering, Infrastructure and Contractors	XX%	XX%	$XX
Mining, Oil & Gas Machinery Manufacturing in Canada	Specialist Engineering, Infrastructure and Contractors in Canada	XX%	XX%	$XX
Mining & Construction Machinery Manufacturing in Australia	Specialist Engineering, Infrastructure and Contractors in Australia	XX%	XX%	$XX
Mining, Quarrying & Construction Machinery Manufacturing in the UK	Specialist Engineering, Infrastructure and Contractors in the UK	XX%	XX%	$XX
Mining, Quarrying & Construction Machinery Manufacturing in Ireland	Specialist Engineering, Infrastructure and Contractors in Ireland	XX%	XX%	$XX
Mining Equipment Manufacturing in China	Specialist Engineering, Infrastructure and Contractors in China	XX%	XX%	$XX

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Frequently Asked Questions

What was the market size of the Oil & Gas Drilling Equipment Manufacturing in the US in 2026?

The market size of the Oil & Gas Drilling Equipment Manufacturing in the US is $11.3bn in 2026.

What is the growth rate of the Oil & Gas Drilling Equipment Manufacturing in the US in 2026?

The market size of the Oil & Gas Drilling Equipment Manufacturing in the US decreased -7.0% in 2026.

Has the Oil & Gas Drilling Equipment Manufacturing in the US grown or declined over the past 5 years?

The market size of the Oil & Gas Drilling Equipment Manufacturing in the US has declined at a -1.8% CAGR between 2021 and 2026.

Is the Oil & Gas Drilling Equipment Manufacturing in the US expected to grow or decline over the next five years?

See our full analysis of the Oil & Gas Drilling Equipment Manufacturing in the US to understand if the industry market size is expected to grow or decline over the next five years.

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