‘Oil and Gas’ Static and Rotating Equipment Market is Expected to Cross US$37.00 Billion by the End of 2023 – by Market Research Engine

Florida, May 3: Market Research Engine has published a new report titled as “Oil and Gas Static and Rotating Equipment Market by Static (Valves, Boilers, Furnaces, and Heat Exchangers) and Rotating Equipment (Compressors, Turbines, and Pumps) – Global Industry Analysis, Trends and Forecast 2015 – 2023”

Browse Full Report here: http://www.marketresearchengine.com/reportdetails/static-and-rotating-equipment-market

The major operations in the oil and gas industry depend upon the quality and reliability of static and rotating equipment and therefore, these machines form an important part of oil and gas infrastructure.

The report provides a complete overview of the global static and rotating equipment market. The business sector for oil and gas static equipment involves boilers, valves, heaters, and heat exchangers. The oil and gas pivoting gear fragment incorporates pumps, compressors, and turbines. Provincially, the global static and rotating equipment business sector is isolated into Asia Pacific, North America, South and Central America, the Middle East and Africa, Europe, and Rest of South and Central America.

The global static and rotating equipment market, which remained at US$28.6 billion in 2015, is expected to reach US$37.12 billion before the end of 2023. The business sector will thus display a moderate yet positive CAGR of 3.70% somewhere around 2014 and 2023. Static and rotating equipment are made by OEMs around the globe, who additionally supply the same to E&P organizations either specifically or through EPC contractual workers.

Among the key local portions, North America held the biggest offer in the general business sector in 2013. The area is additionally anticipated that would hold its position as the business sector pioneer through the forecasts period. The reviving of E&P exercises in the Gulf of Mexico, new oil sand ventures in Canada, and privatization of the hydrocarbon division in Mexico are the essential components boosting the static and rotating equipment market in North America. In Europe, notwithstanding, the business sector will show drowsy development because of the high cost of the raw materials. Asia Pacific nations are foreseen to put resources into fortifying its downstream segment, while further updates are normal in Russian refineries. Subsequently, these developing locales will likewise end up being lucrative markets for static and rotating equipment producers.

Companies mentioned in the research report are as below

Companies studied in the report include General Electric Company, Mitsubishi Heavy Industries Ltd., Flowserve Corporation, Sulzer Limited, Metso Oyj, Alfa Laval AB, Siemens AG, FMC Technologies Inc., Pentair plc, Atlas Copco AB, Technip SA, Tenaris SA, Doosan Group, OAOTMK, and Wärtsilä.

Oil and Gas Static and Rotating Equipment Market: by Product Type Analysis
• Oil and Gas Static Equipment
• Valves
• Boilers
• Heat Exchangers
• Shell and Tube
• Air Cooled
• Oil and Gas Rotating Equipment
• Compressors
• Turbines
• Pumps

Oil and Gas Static and Rotating Equipment Market: by Regional Analysis
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South and Central America

This report gives you access to decisive data such as:
• Market growth drivers
• Factors limiting market growth
• Current market trends
• Market structure
• Market projections for the coming years

Key Highlights of this Report are as below:
• Synopsis of vital market forces propelling and restraining market growth
• Tactical analysis of major players in this market
• Current analysis of market trends and technological improvements
• Detail analysis of market competition to offer you a competitive edge
• An array of graphics and SWOT analysis of major industry segments
• Detailed analysis of current and future industry trends
• A well-defined technological growth chart with an impact-analysis

About Us:
Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.

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