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Report

Oceania Rotating Equipment Market Report and Forecast 2023-2028

Market Report I 2023-07-14 I 93 Pages I EMR Inc.

Oceania Rotating Equipment Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the Oceania rotating equipment market reached a value of USD 3,336.2 Million in 2022. Aided by the expansion of oil and gas and power generation sectors and rising demand for high-performance equipment, the market is projected to further grow at a CAGR of 11.6% between 2023 and 2028 to reach a value of USD 7,218 Million by 2028.
Rotating equipment, which primarily encompasses turbines, pumps, and compressors, is pivotal in a myriad of industrial operations, providing the essential means to convert energy into useful mechanical work. These instruments are integral for sectors such as oil and gas, power generation, mining, and water treatment, among others. The precise engineering and energy efficiency of these devices make them indispensable in modern industrial scenarios.
The robust industrial growth in the Oceania region is a significant catalyst propelling the Oceania rotating equipment market demand. As countries such as Australia and New Zealand continue to bolster their industrial infrastructures, there's an amplified demand for advanced machinery that can optimise operations, reduce energy consumption, and elevate productivity. With industries expanding, the need for efficient equipment for fluid handling and power generation has seen a marked uptick, driving the market forward.
The integration of cutting-edge technologies, such as IoT (Internet of Things) and AI (Artificial Intelligence), with rotating equipment has additionally opened new avenues for the Oceania rotating equipment market expansion. Smart equipment, enabled with sensors and connectivity, allows operators to predict maintenance requirements, enhance operational efficiency, and minimise downtimes. Such advancements not only ensure operational efficiency but also extend the longevity of the equipment.
Rotating equipment's multifaceted applications across various sectors also significantly augment the Oceania rotating equipment market growth. For instance, in the mining industry, a dominant sector in parts of Oceania, these tools are essential for operations like extraction, separation, and slurry transportation. Similarly, in the energy sector, turbines play a vital role in power generation, while compressors are fundamental for oil and gas extraction and refining processes.
Moreover, the increasing focus on sustainable and environmentally friendly operations in Oceania has heightened the demand for energy-efficient rotating equipment, thus aiding the Oceania rotating equipment market development. As industries grapple with the twin challenges of maximising productivity while minimising their carbon footprint, energy-efficient rotating devices have come to the forefront as a sustainable solution. They not only reduce energy consumption but also decrease operational costs, providing a win-win for industries.
Market Segmentation
The market can be divided based on product type, voltage, end use and country.
Market Breakup by Product Type
- Pumps
- Compressors
- Turbines
- Agitators and Mixers
- Others
Market Breakup by Voltage
- Low
- Medium
- High
Market Breakup by End Use
- Oil and Gas
- Power Generation
- Mining
- HVAC
- Water
- Wastewater Treatment
- Others
Market Breakup by Country
- Australia
- New Zealand
- Papua New Guinea
- Fiji
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the Oceania rotating equipment companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Siemens AG
- General Electric Company
- Mitsubishi Heavy Industries, Ltd.
- Hitachi Industrial Equipment Systems Co., Ltd.
- Ebara Corporation
- Sulzer Ltd.
- Ingersoll Rand
- Atlas Copco
- The Weir Group PLC
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.







1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Rotating Equipment Market Overview
8.1 Key Industry Highlights
8.2 Global Rotating Equipment Historical Market (2018-2022)
8.3 Global Rotating Equipment Market Forecast (2023-2028)
9 Oceania Rotating Equipment Market Overview
9.1 Key Industry Highlights
9.2 Oceania Rotating Equipment Historical Market (2018-2022)
9.3 Oceania Rotating Equipment Market Forecast (2023-2028)
10 Oceania Rotating Equipment Market by Product Type
10.1 Pumps
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Compressors
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 Turbines
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Agitators and Mixers
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Oceania Rotating Equipment Market by Voltage
11.1 Low
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Medium
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 High
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
12 Oceania Rotating Equipment Market by End Use
12.1 Oil and Gas
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Power Generation
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mining
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 HVAC
12.4.1 Historical Trend (2018-2022)
12.4.2 Forecast Trend (2023-2028)
12.5 Water
12.5.1 Historical Trend (2018-2022)
12.5.2 Forecast Trend (2023-2028)
12.6 Wastewater Treatment
12.6.1 Historical Trend (2018-2022)
12.6.2 Forecast Trend (2023-2028)
12.7 Others
13 Oceania Rotating Equipment Market by Country
13.1 Australia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 New Zealand
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Papua New Guinea
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 Fiji
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Siemens AG
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 General Electric Company
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Mitsubishi Heavy Industries, Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Hitachi Industrial Equipment Systems Co., Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Ebara Corporation
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Sulzer Ltd.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Ingersoll Rand
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Atlas Copco
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 The Weir Group PLC
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Others
16 Key Trends and Developments in the Market

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