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The Oilfield Equipment Industry has experienced significant growth, with a valuation of USD 120 billion in 2022. Projections indicate a substantial expansion, estimating the industry to reach USD 163 billion by 2030, reflecting a steady Compound Annual Growth Rate (CAGR) of 3.9% during the forecast period from 2023 to 2030. Oilfield equipment comprises a set of tools utilized for oil or gas extraction and drilling purposes. This equipment includes various types of machinery such as well control equipment, solid control equ... more