As the global economy mends, the 2021 growth of Rotating Equipment MRO will have significant change from previous year. According to our (LP Information) latest study, the global Rotating Equipment MRO market size is USD million in 2022 from USD million in 2021, with a change of % between 2021 and 2022. The global Rotating Equipment MRO market size will reach USD million in 2028, growing at a CAGR of % over the analysis period.
The United States Rotating Equipment MRO market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Rotating Equipment MRO market, reaching US$ million by the year 2028. As for the Europe Rotating Equipment MRO landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Rotating Equipment MRO players cover Siemens, General Electric, Sulzer, and MAN Energy Solutions, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Rotating Equipment MRO market by product type, application, key players and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
Pump MRO
Compressor MRO
Turbine MRO
Motor MRO
Others
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
Oil & Gas
Power Generation
Mining
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
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 report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
Siemens
General Electric
Sulzer
MAN Energy Solutions
MHPS
Ansaldo Energia
KSB
ABB
Dongfang Turbine
Grundfos
Shanghai Electric
Elliot
Atlas Copco
Arcline
Wolong
EthosEnergy
Kawasaki Heavy Industries
Toshiba Energy
Stork
Hangzhou Steam Turbine
Flowserve
Kobelco
Howden
Conhagen Rotating Equipment Specialists
Houghton International