Companies Dominating the Rotating Equipment Landscape
- Honeywell International Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Doosan Corporation.
- Siemens
- General Electric
- Flowserve Corporation
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of venous access devices is assessed at USD 30.3 billion.
The rotating equipment market size was valued at USD 29.34 billion in 2024 and is expected to reach USD 49.47 billion by 2037, expanding at around 4.1% CAGR during the forecast period i.e., between 2025-2037. Increasing technological advancements, increasing demand in the power generation sector, and increasing utilization of rotating equipments in the oil and gas industry will drive the market growth.
North America industry is likely to account for largest revenue share of 36% by 2037, due to growing need for rotating equipment and services in the region.
The major players in the market are Honeywell International Inc., Doosan Corporation., Siemens, General Electric, Flowserve Corporation
