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The global rotating equipment market for oil and gas industry is poised to grow by $5.93 bn during 2020-2024 progressing at a CAGR of 3% during the forecast period.Speak directly to the analyst to clarify any post sales queries you may have.
This report on the rotating equipment market for oil and gas industry provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.
The market is driven by the rise in world refining capacity and increase in oil and gas E&P activities. In addition, Rise in world refining capacity is anticipated to boost the growth of the market as well.
The rotating equipment market for oil and gas industry analysis includes product segment and geographical landscapes.
The industry is segmented as below:
By Product
- Pumps
- Compressors
- Turbines
By Geography
- North America
- APAC
- MEA
- Europe
- South America
This study identifies the growing demand for natural gas as one of the prime reasons driving the rotating equipment market for oil and gas industry growth during the next few years.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The report covers the following areas:
- Rotating equipment market for oil and gas industry sizing
- Rotating equipment market for oil and gas industry forecast
- Rotating equipment market for oil and gas industry industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading rotating equipment market for oil and gas industry vendors that include Atlas Copco AB, Flowserve Corp., General Electric Co., Grundfos Holding AS, KSB SE & Co. KGaA, Mitsubishi Heavy Industries Ltd., Siemens AG, Sulzer Ltd., TechnipFMC Plc, and The Weir Group Plc. Also, the rotating equipment market for oil and gas industry analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Application
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global rotating equipment market for oil and gas industry: Atlas Copco AB, Flowserve Corp., General Electric Co., Grundfos Holding AS, KSB SE & Co. KGaA, Mitsubishi Heavy Industries Ltd., Siemens AG, Sulzer Ltd., TechnipFMC Plc, and The Weir Group Plc.Commenting on the report, an analyst said: According to the report, one of the major drivers for this market is the rise in world refining capacity.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Atlas Copco AB
- Flowserve Corp.
- General Electric Co.
- Grundfos Holding AS
- KSB SE & Co. KGaA
- Mitsubishi Heavy Industries Ltd.
- Siemens AG
- Sulzer Ltd.
- TechnipFMC PLC
- The Weir Group PLC
