Mining, Oil & Gas Machinery Wholesaling in Canada - Industry Market Research Report

Gold mine: Industry profit is expected to recover alongside industry demand conditions

The Mining, Oil and Gas Machinery Wholesaling industry in Canada has experienced mixed results in recent years. Domestic oil and gas extraction activity has grown for most of the past decade, driven in the years leading up to the current period by high prices for both goods in the years following the peak of the COVID-19 pandemic. The price of these goods and numerous metals, such as copper and nickel, have all been highly volatile in recent years. This has resulted in fluctuating capital expenditure budgets by most downstream industries, causing volatile demand.

The Mining, Oil and Gas Machinery Wholesaling industry in Canada comprises operators primarily engaged in wholesaling new and used mining, oil and gas equipment, as well as machinery. This industry does not include wholesalers of pumps, oil refining equipment or pipeline equipment, which are included in the Industrial Machinery and Equipment Wholesaling industry in Canada (report 41723CA).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.