Rotating Equipment Market - Top Companies and Manufacturers

Companies Dominating the Rotating Equipment Landscape

Honeywell International Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Doosan Corporation.
Siemens
General Electric
Flowserve Corporation

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Rotating Equipment Market Size & Share, Growth Forecasts 2037

In the News

With its industry-leading monitoring system for AC motors and rotating machinery based on electrical signature analysis (ESA) technology, Samotics joins the Siemens Xcelerator partner ecosystem. NXpower Monitor now incorporates ESA technology to provide asset health and energy efficiency insights for equipment that is powered by electricity. To provide an end-to-end asset monitoring service for the complete energy distribution system, ESA will increase NXpower Monitor's capabilities.
GE Power Conversion and Statkraft are happy to be collaborating to decarbonize the UK electricity sector. At Statkraft's facility in Keith, Moray, GE Power Conversion will produce and install two Rotating Stabilizer synchronous machines to assist in delivering this ground-breaking and globally competitive way to managing grid stability.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of venous access devices is assessed at USD 30.3 billion.

The rotating equipment market size was valued at USD 29.34 billion in 2024 and is expected to reach USD 49.47 billion by 2037, expanding at around 4.1% CAGR during the forecast period i.e., between 2025-2037. Increasing technological advancements, increasing demand in the power generation sector, and increasing utilization of rotating equipments in the oil and gas industry will drive the market growth.

North America industry is likely to account for largest revenue share of 36% by 2037, due to growing need for rotating equipment and services in the region.

The major players in the market are Honeywell International Inc., Doosan Corporation., Siemens, General Electric, Flowserve Corporation

Rotating Equipment Market - Top Companies and Manufacturers

Companies Dominating the Rotating Equipment Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How much is the rotating equipment market worth?

Why is the demand for rotating equipment growing?

Which region dominated the majority of rotating equipment industry share?

Who are the top rotating equipment companies?