Freedonia Focus Reports World Collection

World

Oilfield Equipment
October 2012
FU ICK LL TO O R E RD P O ER R T

World Overview and Forecasts Demand by Product | Production Trends

FU ICK LL TO O R E RD P O ER R T

Industry Structure Industry Composition | Industry Leaders | Additional Companies Cited Resources www.freedoniafocus.com

BR O

Regional Trends and Forecasts Regional Demand Overview | North America | Central and South America | Europe Africa/Mideast | Asia/Pacific

CH UR E

Highlights

WORLD OILFIELD EQUIPMENT

ABOUT THIS REPORT

Sources
World Oilfield Equipment is based on a comprehensive industry study published by The Freedonia Group in October 2012. Reported findings represent the synthesis and analysis of data from various primary, secondary, macroeconomic, and demographic sources including: firms participating in the industry government/public agencies national, regional, and international non-governmental organizations trade associations and their publications the business and trade press The Freedonia Group Consensus Forecasts dated June 2012 the findings of other industry studies by The Freedonia Group. Specific sources are listed in the Resources section of this publication for reference and to facilitate further research.

Scope & Method

The product scope of World Oilfield Equipment is defined as equipment used for both oil and gas exploration and production activities. Total product demand and shipments are provided in US dollars at the manufacturers level, and demand is segmented by equipment type in terms of: drilling equipment oilfield production machinery pumps and valves other equipment and machinery types such as derricks and surveying equipment. Excluded from the scope of this report are pipeline pipe, pressure pumping equipment, most types of analytical and measuring instruments, power generation systems (engines, turbines, etc.), oilfield chemicals, and oilfield services. Additionally, total demand and the various segments are provided by region: North America Central and South America Europe Africa/Mideast

2012 by The Freedonia Group, Inc.

WORLD OILFIELD EQUIPMENT Asia/Pacific.

Total demand, the various segments, and shipments are sized at five-year intervals for historical years 2006 and 2011 with a forecast to 2016. Forecasts emanate from the identification and analysis of pertinent statistical relationships and other historical trends/events as well as their expected progression/impact over the forecast period. Five-year compound annual growth rates (CAGRs) are provided to illustrate product trends between reported years and to facilitate comparisons among the various segments. Demand forecasts are the illustration of underlying trends extrapolated to a particular year. To recognize such trends and for the sake of brevity, CAGRs may be expressed as annual growth in the narrative of this report. However, as historical trends may demonstrate, demand in any given year, including a forecast year, may exhibit volatility and depart from the underlying trend. Demand in US dollars reflects local-currency inflation from reported year to reported year, but rates of exchange between local currencies and the US dollar are held constant in all reported periods, that is, at an average-annual exchange rate calculated for the base year of 2011.

The topic of this report is related to the following industry codes: NAICS/SCIAN 2007
North American Industry Classification System
333132 Oil and Gas Field Machinery and Equipment Manufacturing

SIC
Standard Industry Codes
3533 Oil and Gas Field Machinery and Equipment

Copyright and Licensing

The full report is protected by copyright laws of the United States of America and international treaties. The entire contents of the publication are copyrighted by The Freedonia Group, Inc.

2012 by The Freedonia Group, Inc.