Static and Rotating Equipment (Oil and Gas) Market Forecast 2017 - 2025 : Mitsubishi Heavy Industries Ltd., Technip SA, Tenaris SA, Wartsila, OAO TMK
Static and rotating equipment play a vital role in the oil and gas industry as midstream, upstream, and downstream activities depend on the quality and reliability of these equipment. Some of the static equipment used in oil and gas industry are furnaces, valves, heat exchangers, and boilers. The rotating equipment used by the oil and gas industry include pumps, turbines, and compressors. Static and rotating equipment are thus widely deployed in the oil and gas industry. These equipment include pumps, turbines, and compressors. The investment of static and rotating equipment is dependent on exploration and production budget of oil and gas companies. Also, the investment of these equipment depend on specific country’s outlooks for the hydrocarbon industry.
Request Sample Copy of the Report @
Global Static and Rotating Equipment Market: Key Trends
Some of the factors boosting the global demand for static and rotating equipment include, oil production from unconventional sources, shale gas boom, and LNG infrastructure. In addition to this, extensive investments in the refining sector in countries of the Middle East will also drive the market for static and rotating equipment. Static and rotating equipment are manufactured by OEMs across the world, who supply to E&P companies and EPC contractors. Few countries such as China, Canada, the U.S., and GCC countries have high demand for static and rotating equipment on account of their developed hydrocarbons sector.
Global Static and Rotating Market: Market Potential
The growth of the static and rotating equipment market is cemented by the discovery of new oil sands in countries such as Canada. There is also a re-opening of offshore exploration and production activities in the Gulf of Mexico, which will create a positive market outlook. The privatization of the hydrocarbons sector in Mexico will also boost the growth of the market. In addition to this, the ever increasing focus on the drilling of shale wells will push the market towards growth. The development of LNG industry is also anticipated to create growth opportunities in the market.
While the overall outlook for the global static and rotating equipment market looks positive, it is possible that some of the hostile macroeconomic factors will impede the demand for these useful equipment. The pricing factor is becoming a major issue for manufacturers and is restraining the growth of the global static and rotating equipment market.
Request TOC of the Report @
Global Static and Rotating Market: Regional Outlook
On the basis of geography, the global static and rotating equipment market is segmented into Asia Pacific, Europe, North America, the Middle East and Africa, and South and Central America. Of these, North America is expected to continue to lead in the market throughout the forecast period, after being the regional segment even in the past. In contrast to this, Europe is expected to witness a sluggish growth as operators are faced with the challenge of maintaining the margins within this expensive industry. The market condition in Asia Pacific is expected to improve. This is because several steps are expected to be taken to improve the infrastructure and enhance the exploration of LNG. Similarly, improvement in infrastructure is predicted in the Middle East and Africa, and thus the region will bode well for the static and rotating equipment market in the future.
Global Static and Rotating Market: Competitive Landscape
Some of the key vendors operating in the global static and rotating equipment market are Pentair plc, Sulzer Limited, Metso Oyj, Alfa Laval AB, Siemens AG, FMC Technologies Inc., Atlas Copco AB, General Electric Company, Flowserve Corporation, Mitsubishi Heavy Industries Ltd., Technip SA, Tenaris SA, Wartsila, OAO TMK, and Doosan Group.
Read Comprehensive Overview of Report @
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Static and Rotating Equipment (Oil and Gas) Market Forecast 2017 - 2025 : Mitsubishi Heavy Industries Ltd., Technip SA, Tenaris SA, Wartsila, OAO TMK here
News-ID: 1272603 • Views: 80
More Releases from TMR Research
KEY OPINION LEADER MANAGEMENT MARKET SCOPE, SEGMENTATION, DEVELOPMENT AND OPPORT …
Global Key Opinion Leader Management Market: Snapshot Key opinion leaders (KOLs) are trustworthy, influential, and experts of a particular field in the healthcare industry. Relationships of a firm with these KOLs is of great importance to manage and build a strong healthcare profile. These key opinion leaders go a long way towards educating the scientific and medical communities as well as help in increasing awareness pertaining to the recent developments in
SMART WATER GRID MARKET NEWER SEGMENTS OF APPLICATION 2025
Global Smart Water Grid Market – Snapshot The global smart water grid market is foreseen to experience its development prodded on the back of the prerequisite of managing old infrastructure, rise in information and communication technology (ICT), gap between supply and demand, water shortage, and several other factors. So as to guarantee smooth supply of water and keep a tab on its equal supply, smart water grid technology is expected to
DIGITAL UTILITY MARKET EXPANSION PROJECTED TO GAIN AN UPTICK DURING 2025
Global Digital Utility Market: Snapshot In the midst of surging demand for quick digitalization and green energy in the energy segment, the interest for digital utility system is rising notably. Penetration of digital innovations in the vitality sector and programs in nations, for example, India and China expected to fulfil local needs are foreseen to feed the demand for digital utility solutions. Get Exclusive PDF Sample Copy Of This Report: https://www.tmrresearch.com/sample/sample?flag=B&rep_id=3398 Rise in
WEB CONTENT MANAGEMENT MARKET VALUE PROJECTED TO EXPAND BY 2025
Global Web Content Management Market: Snapshot The global web content management market is anticipated to gain impetus due to the need for organizing and appropriately using content across various marketing channels such as social media and mobile, and not just the web. Web content management allows users to have a seamless web experience while helping organizations to digitally market their products and services. It helps both technical and non-technical users to
More Releases for Static
Global Static Var Compensator Market Research Report
This report studies the global Static Var Compensator market status and forecast, categorizes the global Static Var Compensator market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions. Get sample copy of the report: https://www.marketdensity.com/contact?ref=Sample&reportid=54769 Table of Contents: Table of Contents Global Static Var Compensator Market Research Report 2018 1 Static Var Compensator Market Overview
Global Static Relays Market Data Survey Report
The global Static Relays market will reach Volume Million USD in 2018 with CAGR xx% 2018-2025. The main contents of the report including: Global market size and forecast Regional market size, production data and export & import Key manufacturers (manufacturing sites, capacity and production, product specifications etc.) Major Application Major Type Key manufacturers are included based on manufacturing sites, capacity and production, product specifications. Get sample copy of the report: www.marketdensity.com/contact?ref=Sample&reportid=57637 Table of
Global Anti-static Jacket Industry Market Analysis & Forecast 2018-2023
Global Anti-static Jacket Industry Market saw a great CAGR in the imminent period because of development in a number of work environment dangers, ascend in a number of defensive dress assembling bases and increment in work security conventions. What's more, the market is foreseen to observe a few open doors in the type of production of different variations for the working environment and outrageous climate conditions combined with additional highlights
Global Static Eliminator Market 2018 : Keyence, Exair, NRD, Streamtek, Fraser-an …
The Global Static Eliminator Market research report conveys an essential review of the market including its definition, applications and technology. The report investigates the international major players in detail. The market report gives key insights and existing status of the manufacturers and is an important source of direction and heading for companies and people inspired by the Industry. The report presents a complete assessment of the market and contains future
Static Compression Therapy Market | MarketResearchReports.biz
Latest industry research report on: Static Compression Therapy Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Future Market Insights offers a 10-year forecast of the static compression therapy market in India between 2015 and 2025. In terms of value, the market is expected to register a CAGR of 7.2% during the forecast period. This study demonstrates market dynamics and trends in India that are expected
Global Static Var Compensator and Static Var Generator Market - ABB, Siemens, Hi …
The Market N Reports report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Static Var Compensator and Static Var Generator market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other