About Rotating Equipment Market for Oil and Gas

Rotating equipment are devices that store energy by compressing a fluid and then convert the energy into usable power by fluid expansion. In the oil and gas industry, pumps, turbines, and compressors are the part of rotating equipment. Crude oil and natural gas are the mixtures of compounds composed primarily of carbon and hydrogen in varying proportions, along with inorganic compounds such as nitrogen, sulfur, and metals such as vanadium and mercury.

Technavio’s analysts forecast the global rotating equipment market for oil and gas industry to grow at a CAGR of 5.74% during the period 2017-2021.

Covered in this Report
The report covers the present scenario and the growth prospects of the global rotating equipment market for oil and gas industry for 2017-2021. To calculate the market size, the report considers new installations.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Technavio’s report, Global Rotating Equipment Market for Oil and Gas Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

  • Atlas Copco
  • Flowserve
  • General Electric (GE)
  • Grundfos
  • Siemens
  • Sulzer

Other Prominent Vendors

  • Ansaldo Energia
  • Busch
  • ClydeUnion Pumps
  • Doosan Portable Power
  • Elgi Equipments
  • Gardner Denver
  • Ingersoll-Rand
  • ITT
  • Kawasaki Gas Turbines
  • Kirloskar Brothers
  • KSB Aktiengesellschaft
  • MAN Diesel & Turbo
  • Mitsubishi Hitachi Power Systems
  • Niigata Power Systems
  • Pfeiffer Vacuum
  • Solar Turbines
  • The Weir Group

Market Driver

  • Growth of global petrochemical industry
  • For a full, detailed list, view our report

Market Challenge

  • Uncertainties associated with low crude oil prices
  • For a full, detailed list, view our report

Market Trend

  • Development of oil-free compressor systems
  • For a full, detailed list, view our report

Key Questions Answered in this Report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.