Global Rotating Equipment Repair Market Growth (Status and Outlook) 2023-2029

Global Rotating Equipment Repair Market Growth (Status and Outlook) 2023-2029

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.
LPI (LP Information)' newest research report, the “Rotating Equipment Repair Industry Forecast” looks at past sales and reviews total world Rotating Equipment Repair sales in 2022, providing a comprehensive analysis by region and market sector of projected Rotating Equipment Repair sales for 2023 through 2029. With Rotating Equipment Repair sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Rotating Equipment Repair industry.
This Insight Report provides a comprehensive analysis of the global Rotating Equipment Repair landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Rotating Equipment Repair portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Rotating Equipment Repair market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rotating Equipment Repair and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Rotating Equipment Repair.
The global Rotating Equipment Repair market size is projected to grow from US$ 11130 million in 2022 to US$ 16760 million in 2029; it is expected to grow at a CAGR of 6.0% from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Rotating Equipment Repair market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Pump Repair
Compressor Repair
Turbine Repair
Motor Repair
Others
Segmentation by application
Oil & Gas
Power Generation
Mining
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Please note: The report will take approximately 2 business days to prepare and deliver.