Please Wait.....
Report
Oil & Gas Static And Rotating Equipment - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-04-28 I 125 Pages I Mordor Intelligence
The Oil & Gas Static And Rotating Equipment Market size is estimated at USD 24.11 billion in 2025, and is expected to reach USD 29.20 billion by 2030, at a CAGR of 3.91% during the forecast period (2025-2030).
Key Highlights
- The oil and gas static and rotating equipment market is expected to grow during the forecast period due to increasing global energy demand and the need for static rotating equipment from increased offshore exploration activities.
- On the other hand, the rising adoption of renewable and cleaner energy sources is expected to hamper the market growth in the future.
- However, there is an opportunity for significant market growth through technological advancements to improve equipment efficiency during the forecast period.
- Asia-Pacific is expected to witness significant growth in the market during the forecast period.
Oil & Gas Static And Rotating Equipment Market Trends
The Rotating Equipment Segment is Expected to Have a Significant Demand
- Rotating equipment plays a significant role in the oil and gas industry. The rotating components of this equipment may consist of engines, compressors, turbines, and industrial valves. Most of the rotating equipment is used to transport substances from one area to another, or it may be used to force materials to rotate, such as by making a propeller turn.
- Rotating equipment is used in industries, including upstream, downstream, and downstream. Pumps and compressors are examples of rotating equipment that have several uses in the production and storage of oil and gas.
- In several oil and gas projects, agreements and contracts are made with other companies to install rotating equipment. For example, in May 2024, Larsen & Toubro (L&T), L&T Energy Hydrocarbon (LTEH), got a contract from ONGC for the engineering, procurement, construction, installation, and commissioning of new process gas compressor (PGC) modules at ONGC's Mumbai High and Tapti offshore locations.
- Further, increasing gas production is expected to create demand for rotating equipment like compressors and pumps. According to the Statistical Review of World Energy Data, in 2023, global gas production accounted for 4059.2 billion cubic meters. Gas production has increased continuously since 2010, with a slight drop in 2020.
- Moreover, companies are making efforts to improve the efficiency of rotating equipment by investing more and more in research and development, which, in turn, will create opportunities for these equipment in the future.
- For instance, in May 2024, John Crane, a global leader in rotating equipment solutions and energy transition technologies, secured a five-year contract in Alberta, Canada. The contract involves providing industrial seal support services for a major complex. As part of this agreement, John Crane is implementing a managed reliability program (MRP) to enhance the longevity of critical site assets. This includes rotating equipment like centrifugal pumps and industrial seals. Such programs are expected to improve rotating equipment efficiency, driving future demand.
- Thus, owing to the use and demand for rotating equipment in the oil and gas industry, the segment is expected to have a significant demand during the forecast period.
Asia-Pacific is Expected to Have a Significant Growth in the Market
- Asia-Pacific is home to over half of the world's population, giving it the potential to influence the future of global energy significantly. The region includes developing countries like India, China, and Japan, which are experiencing rapid urbanization and industrialization.
- Thus, the region's energy demand is increasing continuously, which, in turn, demands production and exploration activities in the oil and gas industry. With the upcoming oil and gas projects, the demand for static and rotating equipment is expected to grow in the region.
- For example, in October 2022, SENEX Energy announced the construction of a new gas compression facility adjacent to its Atlas project in southwest Queensland. The gas plant will be constructed using production license PL209. With increasing oil and gas production, demand for this equipment is expected to grow during the forecast period.
- According to Statistical Review of World Energy Data, in 2023, Asia-Pacific total gas production accounted for 691.8 billion cubic meters, an annual growth rate of 0.6% compared to the previous year.
- Further, the development of downstream projects is expected to drive the market in the region. In the petrochemical industry, static and rotating equipment are used in refining. In March 2023, Indian Oil Corporation Ltd announced it would invest USD 742 million in building a petrochemical complex at Paradip in Odisha. Such new projects are expected to increase the demand for equipment, thereby driving the market.
- The increasing demand for natural gas production in the region is expected to surge the need for oil and gas starting and rotating equipment. For instance, according to the Gas Exporting Countries Forum, natural gas is projected to account for 36% of Southeast Asia's total generation mix by 2050. In summary, Asia-Pacific's demand for natural gas is expected to grow significantly, with estimates reaching 710 bcm by 2050.
- Due to the development of the oil and gas industry and the increasing energy demand, Asia-Pacific is expected to grow significantly.
Oil & Gas Static And Rotating Equipment Industry Overview
The oil and gas static and rotating equipment market is semi-fragmented. The key players in the market (in no particular order) include Alfa Laval AB, Atlas Copco AB, General Electric Co, Baker Hughes Co., and Pentair PLC.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Scope of the Study
1.2 Market Definition
1.3 Study Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
4 MARKET OVERVIEW
4.1 Introduction
4.2 Market Size and Demand Forecast in USD billion, till 2029
4.3 Recent Trends and Developments
4.4 Government Policies and Regulations
4.5 Market Dynamics
4.5.1 Drivers
4.5.1.1 Increasing Energy Demand
4.5.1.2 More Offshore Exploration Activities
4.5.2 Restraints
4.5.2.1 Rising Adoption of Renewable and Cleaner Energy Sources
4.6 Supply Chain Analysis
4.7 Industry Attractiveness - Porter's Five Forces Analysis
4.7.1 Bargaining Power of Suppliers
4.7.2 Bargaining Power of Consumers
4.7.3 Threat of New Entrants
4.7.4 Threat of Substitutes Products and Services
4.7.5 Intensity of Competitive Rivalry
4.8 Investment Analysis
5 MARKET SEGMENTATION
5.1 Application
5.1.1 Upstream
5.1.2 Midstream
5.1.3 Downstream
5.2 Type
5.2.1 Static
5.2.2 Rotating
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Rest of North America
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 France
5.3.2.3 United Kingdom
5.3.2.4 Spain
5.3.2.5 Russia
5.3.2.6 NORDIC
5.3.2.7 Italy
5.3.2.8 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 India
5.3.3.3 Australia
5.3.3.4 Japan
5.3.3.5 Malaysia
5.3.3.6 Thailand
5.3.3.7 Indonesia
5.3.3.8 Vietnam
5.3.3.9 Rest of Asia-Pacific
5.3.4 Middle East and Africa
5.3.4.1 Saudi Arabia
5.3.4.2 United Arab Emirates
5.3.4.3 Egypt
5.3.4.4 Qatar
5.3.4.5 Nigeria
5.3.4.6 South Africa
5.3.4.7 Rest of Middle East and Africa
5.3.5 South America
5.3.5.1 Brazil
5.3.5.2 Argentina
5.3.5.3 Colombia
5.3.5.4 Rest of South America
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
6.3.1 Alfa Laval AB
6.3.2 Atlas Copco AB
6.3.3 General Electric Co
6.3.4 Baker Hughes Co.
6.3.5 Pentair PLC
6.3.6 Siemens AG
6.3.7 Sulzer Limited
6.3.8 FMC Technologies Inc.
6.3.9 Flowserve Corporation
6.3.10 Mitsubishi heavy Industries Ltd
6.3.11 Doosan Group
6.4 List of Other Prominent Companies
6.5 Market RankingAnalysis
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Technological Advancement to Increase the Efficiency
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security