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Rotating Equipment Repair Market, Global Outlook and Forecast 2023-2029

Rotating Equipment Repair Market, Global Outlook and Forecast 2023-2029

  • Published on : 03 April 2023
  • Pages :117
  • Report Code:SMR-7627789

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Report overview

Rotating equipment is a term generally used to describe mechanical components that use kinetic energy to move fluids, gases, and other process materials. These mainly include compressors, turbines, pumps, blowers, and gearboxes, etc. The report focuses on rotating equipment repair market.
This report aims to provide a comprehensive presentation of the global market for Rotating Equipment Repair, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Rotating Equipment Repair. This report contains market size and forecasts of Rotating Equipment Repair in global, including the following market information:
Global Rotating Equipment Repair Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Rotating Equipment Repair market was valued at US$ 11710 million in 2022 and is projected to reach US$ 17090 million by 2029, at a CAGR of 5.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Globally, the market concentration of the rotating equipment repair industry market is low. The main suppliers are Siemens, General Electric, Sulzer, etc. The Asia-Pacific region occupies the largest market, with a market share of more than 40%. At the same time, the demand for rotating equipment repairing in North America and Europe is also increasing. Repairable rotating equipment includes pumps, compressors, turbines, motors, etc. This technology is widely used in oil and gas, power generation, mining and other fields.
We surveyed the Rotating Equipment Repair companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Rotating Equipment Repair Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Rotating Equipment Repair Market Segment Percentages, by Type, 2022 (%)
Pump Repair
Compressor Repair
Turbine Repair
Motor Repair
Others
Global Rotating Equipment Repair Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Rotating Equipment Repair Market Segment Percentages, by Application, 2022 (%)
Oil & Gas
Power Generation
Mining
Others
Global Rotating Equipment Repair Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Rotating Equipment Repair Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Rotating Equipment Repair revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Rotating Equipment Repair revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Siemens
General Electric
Sulzer
MAN Energy Solutions
Mitsubishi Hitachi Power Systems
Ansaldo Energia
KSB
ABB
Dongfang Turbine
Grundfos
Shanghai Electric
Elliot Group
Atlas Copco
Arcline
Wolong
EthosEnergy
Kawasaki Heavy Industries
Toshiba Energy Systems & Solutions Corporation
Stork
Hangzhou Steam Turbine
Flowserve
Kobelco
Howden
Conhagen Rotating Equipment Specialists
Houghton International
Outline of Major Chapters:
Chapter 1: Introduces the definition of Rotating Equipment Repair, market overview.
Chapter 2: Global Rotating Equipment Repair market size in revenue.
Chapter 3: Detailed analysis of Rotating Equipment Repair company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Rotating Equipment Repair in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.