Mining and Oil and Gas Field Machinery Manufacturing - Market Size, Financial Statistics, Industry Trends

Industry Overview

This industry comprises establishments primarily engaged in manufacturing oil and gas field and underground mining machinery and equipment. Illustrative Examples: Coal breakers, cutters, and pulverizers manufacturing Core drills, underground mining-type, manufacturing Mineral processing and beneficiating machinery manufacturing Mining cars manufacturing Oil and gas field-type derricks manufacturing Oil and gas field-type drilling machinery and equipment (except offshore floating platforms) manufacturing Stationary rock crushing machinery manufacturing Water well drilling machinery manufacturing Cross-References. Establishments primarily engaged in--
Source: U.S. Census Bureau

Mining and Oil and Gas Field Machinery Manufacturing Market Size

This report includes historical and forecasted market sizes and industry trends for Mining and Oil and Gas Field Machinery Manufacturing. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Mining and Oil and Gas Field Machinery Manufacturing industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)	Included in Report
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Mining and Oil and Gas Field Machinery Manufacturing industry.

Geographic Breakdown by U.S. State

Mining and Oil and Gas Field Machinery Manufacturing market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Mining and Oil and Gas Field Machinery Manufacturing companies in the United States.

Distribution by Company Size

Company Size	All Industries	Mining and Oil and Gas Field Machinery Manufacturing
Small Business (< 5 Employees)	Included
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" Mining and Oil and Gas Field Machinery Manufacturing company (both public and private companies are included).

	Industry Average	Percent of Sales
Total Revenue	Included
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios	Included
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Products and Services Mix

Product lines and services in the Mining and Oil and Gas Field Machinery Manufacturing industry accounting for the largest revenue sources.

Product Description	Description	Revenue ($ Millions)
Mining machinery and equipment manufacturing	Included
Underground mining machinery (excluding parts sold separately)
Crushing, pulverizing, and screening machinery
Drills and other mining machinery (excl pts sold separately)
Mining machinery and equipment manufacturing, nsk, total
Mining machinery & equip mfg, nsk, nonadministrative-records
Mining machinery & equip mfg, nsk, administrative-records
Oil and gas field machinery and equipment
Rotary oil and gas field drilling machinery and equipment
Rotary oil & gas field drilling machinery/equip, exc parts

Compensation and Salary Surveys

Salary information for employees working in the Mining and Oil and Gas Field Machinery Manufacturing industry.

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	7%	Included
Chief Executives	0%
General and Operations Managers	2%
Architecture and Engineering Occupations	10%
Engineers	7%
Office and Administrative Support Occupations	10%
Production Occupations	52%
Assemblers and Fabricators	17%
Assemblers and Fabricators, All Other, Including Team Assemblers	12%
Metal Workers and Plastic Workers	26%
Machinists	7%
Machinists	7%
Welding, Soldering, and Brazing Workers	6%
Welders, Cutters, Solderers, and Brazers	6%
Other Production Occupations	6%

Government Contracts

The federal government spent an annual total of $10,091,817 on the Mining and Oil and Gas Field Machinery Manufacturing industry. It has awarded 199 contracts to 76 companies, with an average value of $132,787 per company.

Top Companies in Mining and Oil and Gas Field Machinery Manufacturing and Adjacent Industries

Company	Address	Revenue ($ Millions)
Included