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Global Rotating Equipment Market for Oil and Gas Industry 2017-2021

Global Rotating Equipment Market for Oil and Gas Industry 2017-2021

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
  • EBARA
  • Elgi Equipments
  • Gardner Denver
  • Ingersoll-Rand
  • ITT
  • Kawasaki Gas Turbines
  • Kirloskar Brothers
  • KSB Aktiengesellschaft
  • MAN Diesel & Turbo
  • Mitsubishi Hitachi Power Systems
  • MOTOR SICH
  • 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Rotating Equipment Market for Oil and Gas Industry 2017-2021

Technavio recognizes the following companies as the key players in the global rotating equipment market for oil and gas industry: Atlas Copco, Flowserve, General Electric (GE), Grundfos, Siemens, and Sulzer.

Other Prominent Vendors in the market are: Ansaldo Energia, Busch, ClydeUnion Pumps, Doosan Portable Power, EBARA, Elgi Equipments, Gardner Denver, Ingersoll-Rand, ITT, Kawasaki Gas Turbines, Kirloskar Brothers, KSB Aktiengesellschaft, MAN Diesel & Turbo, Mitsubishi Hitachi Power Systems, MOTOR SICH, Niigata Power Systems, Pfeiffer Vacuum, Solar Turbines, and The Weir Group.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is development of oil-free compressor systems. The rising awareness about the environment has led to the formulation of stringent regulations for the improvement of air quality. Also, the demand for low-maintenance has led to the development of oil-free compressor systems.”

According to the report, one driver in the market is growth of global petrochemical industry. With the increasing demand for petrochemicals, new projects are being planned in the oil and gas downstream. This will lead to the growth of the global rotating equipment market for oil and gas industry in the petrochemical sector. As the demand rises in the petrochemical industry, more new installations of this equipment are expected to be made.

Further, the report states that one challenge in the market is uncertainties associated with low crude oil prices. Crude oil is always an unstable commodity whose price is hard to predict. This is because of the complex value chain and supply chain involved in the oil and gas industry. The price of crude oil has seen several crests and troughs in the past decades. The rise and fall in the crude prices have vaguely followed a trend over the past few years, which is now identified as the crude oil price cycle.

Companies Mentioned

Atlas Copco, Flowserve, General Electric (GE), Grundfos, Siemens, and Sulzer.Other Prominent Vendors in the market are: Ansaldo Energia, Busch, ClydeUnion Pumps, Doosan Portable Power, EBARA, Elgi Equipments, Gardner Denver, Ingersoll-Rand, ITT, Kawasaki Gas Turbines, Kirloskar Brothers, KSB Aktiengesellschaft, MAN Diesel & Turbo, Mitsubishi Hitachi Power Systems, MOTOR SICH, Niigata Power Systems, Pfeiffer Vacuum, Solar Turbines, and The Weir Group.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Oil and gas technological overview
    • Rotating equipment: An overview
    • Pipelines in oil and gas business
      • Table Oil and gas pipeline classifications
    • Types of pipelines
  • Market landscape
    • Market overview
      • Table Global rotating equipment market for oil and gas industry
      • Table Global rotating equipment market for oil and gas industry 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global rotating equipment market for oil and gas industry by application
      • Table Global rotating equipment market for oil and gas industry by application 2016 and 2021 (%)
      • Table Global rotating equipment market for oil and gas industry by application 2016-2021 ($ billions)
    • Global rotating equipment market for oil and gas industry by downstream segment
      • Table Global rotating equipment market for oil and gas industry by downstream segment 2016-2021 ($ billions)
    • Global rotating equipment market for oil and gas industry by upstream segment
      • Table Global rotating equipment market for oil and gas industry by upstream segment 2016-2021 ($ billions)
    • Global rotating equipment market for oil and gas industry by midstream segment
      • Table Global rotating equipment market for oil and gas industry by midstream segment 2016-2021 ($ billions)
  • Market segmentation by product
    • Global rotating equipment market for oil and gas industry by product
      • Table Global rotating equipment market for oil and gas industry by product 2016 and 2021 (%)
      • Table Global rotating equipment market for oil and gas industry by product 2016-2021 ($ billions)
    • Global rotating equipment market for oil and gas industry by pumps
      • Table Global rotating equipment market for oil and gas industry by pumps segment 2016-2021 ($ billions)
      • Table Applications of pumps in oil and gas value chain
    • Global rotating equipment market for oil and gas industry by compressors
      • Table Global rotating equipment market for oil and gas industry by compressors segment 2016-2021 ($ billions)
      • Table Applications of centrifugal compressors in oil and gas industry value chain
      • Table Applications of reciprocating compressors in oil and gas industry value chain
    • Global rotating equipment market for oil and gas industry by turbines
      • Table Global rotating equipment market for oil and gas industry by turbines segment 2016-2021 ($ billions)
  • Geographical segmentation
    • Global rotating equipment market for oil and gas industry by geography
      • Table Global rotating equipment market for oil and gas industry by geography 2016 and 2021 (%)
      • Table Global rotating equipment market for oil and gas industry by geography 2016-2021 ($ billions)
    • Rotating equipment market for oil and gas industry in Americas
      • Table Rotating equipment market for oil and gas industry in Americas 2016-2021 ($ billions)
      • Table Major liquefaction plants under construction in Americas
    • Rotating equipment market for oil and gas industry in APAC
      • Table Rotating equipment market for oil and gas industry in APAC 2016-2021 ($ billions)
      • Table Major liquefaction plants under construction in APAC
    • Rotating equipment market for oil and gas industry in EMEA
      • Table Rotating equipment market for oil and gas industry in EMEA 2016-2021 ($ billions)
      • Table Major liquefaction plants under construction in EMEA
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Main feedstocks of petrochemical industry 2015
      • Table Petrochemical production by region and countries 2015
      • Table World natural gas consumption 2012-2040 (trillion cubic feet)
      • Table Global increase in natural gas production by country grouping 2012-40 (TCF)
      • Table Global capacity requirements by process type 2015-2040
    • Market challenges
      • Table Global crude oil price volatility over last decade 2007-2016 ($ per barrel)
      • Table Global renewable energy installed capacity 2011-2015 (GW)
  • Market trends
    • Stringent emission standards
    • Next-generation industrial automation
    • Development of oil-free compressor systems
      • Table Advantages of oil free compressors
  • Vendor landscape
    • Competitive landscape
      • Table Some of the major M&A activities in global rotating equipment market for oil and gas industry
    • Other prominent vendors
      • Table Other prominent vendors (Indicative list)
  • Key vendor analysis
    • Atlas Copco
      • Table Atlas Copco: Key product offerings
      • Table Atlas Copco: Key news
    • Flowserve
      • Table Flowserve: Key product offerings
      • Table Flowserve: Key news
    • General Electric (GE)
      • Table General Electric: Key product offerings
      • Table General Electric: Key news
    • Grundfos
      • Table Grundfos: Key product offerings
    • Siemens
      • Table Siemens: Product offerings
    • Sulzer
      • Table Sulzer: Product offerings
      • Table Sulzer: Key news
  • Appendix
    • List of abbreviations
  • Explore Technavio

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