Rotating Equipment and Service Market - Forecast(2022 - 2027)

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Rotating Equipment and Service Market Forecast
(2022 - 2027)
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
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• Rotating Equipment Market size is projected
  to reach 90.1 billion by 2026 and it is
  estimated to grow at a CAGR 3.61 during the
  forecast period 2021-2026 and Service market size
  is estimated to reach 26.2 billion by 2026
  growing at around a CAGR 4.2 between 2021 and
  2026. 
• The burgeoning demand for rotating equipment
  including pumps, turbines and compressors in oil
  gas, Food beverage or power generation sector
  to move fluid, gases and other process materials
  utilizing kinetic energy are bolstering the
  market growth.

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• Key Takeaways
• Motor and drives are estimated to witness the
  fastest growth with a CAGR of 5.0 during the
  forecast period 2021-2026 due to rising
  integration with IoTs to develop smarter
  solutions
• North America is estimated to dominate the market
  with a CAGR 2.9 during 2021-2026 owing to
  increasing demand for electricity and rising
  government investments towards new oil gas
  refineries.
• Increasing demand for advanced rotating equipment
  in power generation sector and growing
  integration with IoTs are the major factors
  driving the market.

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• By Distribution Channel- Segment Analysis
• By Equipment Type, Rotating Equipment and
  Services Market is segmented into Pumps,
  Compressors, Turbines, Agitators Mixers, Fans
  Blowers, Motors Drives, Gearboxes, Engine and
  Others.
• Turbines dominated the market in 2020 acquiring a
  share of 25.62 and is estimated to grow at a
  CAGR 3.50 during the forecast period 2021-2026
  due to high speed operating capabilities in harsh
  industrial environment.

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• Rotating Equipment and Services Market 
•  
• General Electric Company
• Atlas Copco Group
• Grundfos
• Siemens AG
• Flowserve Corporation
• Sulzer Ltd
• Ingersoll Rand Inc
• Weir Group
• ITT Inc.
• Mitsubishi Electric Corporation 

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Rotating Equipment and Services Market  Learn
More About the Report _at_ https//5kaj.short.gy/s
3AWvp
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_
• https//5kaj.short.gy/BN4E6a

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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
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