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Global oil and gas equipment market 2002-2020

This statistic outlines the market size of the total oil and gas equipment industry worldwide from 2002 to 2015, with projections to 2020. In 2015, the global oil and gas equipment market was worth some 168 billion U.S. dollars. It is projected that by 2020, it will be worth some 205 billion U.S. dollars.

Market for oil and gas equipment worldwide from 2002 to 2020

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Release date

May 2017



Survey time period

2002 to 2015

Supplementary notes

Figures for 2010-2013 were restated in the 2016 edition of the report.

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