Rotating Equipment Market Size & Share, by Product Type (Pumps, Compressors, Turbines, Mixers); Voltage (Low Voltage, Medium Voltage, High Voltage); Application (Upstream, Downstream, Midstream); End User (Mining, Oil & Gas, Power) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5353
  • Published Date: Oct 31, 2023
  • Report Format: PDF, PPT

Companies Dominating the Rotating Equipment Landscape

top-features-companies
    • 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 Market Insights with Data Illustration:

In-the-news

In The News

  • With its industry-leading monitoring system for AC motors and rotating machinery based on electrical signature analysis (ESA) technology, Samotics joins the Siemens Xcelerator partner ecosystem. NXpower Monitor now incorporates ESA technology to provide asset health and energy efficiency insights for equipment that is powered by electricity. To provide an end-to-end asset monitoring service for the complete energy distribution system, ESA will increase NXpower Monitor's capabilities.
  • GE Power Conversion and Statkraft are happy to be collaborating to decarbonize the UK electricity sector. At Statkraft's facility in Keith, Moray, GE Power Conversion will produce and install two Rotating Stabilizer synchronous machines to assist in delivering this ground-breaking and globally competitive way to managing grid stability.

Author Credits:  Payel Roy, Dhruv Bhatia


  • Report ID: 5353
  • Published Date: Oct 31, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing technological advancements, increasing demand in the power generation sector, and increasing utilization of rotating equipments in the oil and gas industry are some of the factors driving the market growth.

The market size of rotating equipments is anticipated to attain a CAGR of 4% over the forecast period, i.e., 2024-2036.

The major players in the market are Honeywell International Inc., Doosan Corporation, Siemens, General Electric, Flowserve Corporation, Japan Radio Co., Ltd., NSK Corporation, Oki Electric Industry Co., Ltd., IHI Corporation, CHUWA MACHINERY CO., LTD, and others.

The oil & gas segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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