Mining and Oil & Gas Field Machinery Manufacturing Market to Rise at 5.2% CAGR to 2020, Says BCC Research in Study Available at MarketPublishers.com
14 Dec 2017 • by Natalie Aster
LONDON – As of the year 2016, the world’s market for mining and oil and gas field machinery manufacturing was evaluated at appr. USD 265 billion. Furthermore, through to 2020, the value of this market is foreast to increase at a 5.2% CAGR to climb to USD 324.1 billion.
The highest growth rates are anticipated in the APAC region: the APAC mining and oil and gas field machinery manufacturing market will likely enjoy sustained growth at a 5.7% CAGR over the period 2017-2022 to go beyond USD 74.8 billion in value terms by the end of the projected period.
New research study “Mining and Oil & Gas Field Machinery Manufacturing: Global Markets to 2020” drawn up by BCC Research gives access to a detailed market analysis as well as reliable market performance data. This report traces light on the historical background of the mining and oil and gas field machinery manufacturing market, provides a clear picture of the actual market scenario, explores the market dynamics and reviews the major factors responsible for the market growth and development. Moreover, this publication comprises a profound analysis of the key market segments, estimates their shares and uncovers historical and projected growth rates. In-depth insights into the competitive environment along with comprehensive profiles of the top market players are also at hand in this report. Besides, this report offers extensive analyses of the major regional markets for mining and oil and gas field machinery manufacturing. Future forecast through 2020 can also be found in this topical report.
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