‘Oil and Gas’ Static and Rotating Equipment Market Is Expected to Cross Us$37.00 Billion by the End of 2023

„Oil and Gas‟ Static and Rotating Equipment Market is Expected to Cross US$37.00

Billion by the End of 2023 – by Market Research Engine

Summary:

The global static and rotating ‘Oil and Gas’ equipment market, which remained at US$28.6

billion in 2015, is expected to reach US$37.12 billion before the end of 2023. The business

sector will thus display a moderate yet positive CAGR of 3.70% somewhere around 2014

and 2023.

PR Body:

Florida, Feb 26: Market Research Engine has published a new report titled as “Oil and

Gas Static and Rotating Equipment Market by Static (Valves, Boilers, Furnaces, and

Heat Exchangers) and Rotating Equipment (Compressors, Turbines, and Pumps) –

Global Industry Analysis, Trends and Forecast 2015 – 2023”

Browse Full Report here:

http://www.marketresearchengine.com/reportdetails/static-and-rotatingequipment-market

The major operations in the oil and gas industry depend upon the quality and reliability of

static and rotating equipment and therefore, these machines form an important part of oil

and gas infrastructure.

The report provides a complete overview of the global static and rotating equipment

market. The business sector for oil and gas static equipment involves boilers, valves,

heaters, and heat exchangers. The oil and gas pivoting gear fragment incorporates pumps,

compressors, and turbines. Provincially, the global static and rotating equipment business

sector is isolated into Asia Pacific, North America, South and Central America, the Middle

East and Africa, Europe, and Rest of South and Central America.

The global static and rotating equipment market, which remained at US$28.6

billion in 2015, is expected to reach US$37.12 billion before the end of 2023. The

business sector will thus display a moderate yet positive CAGR of 3.70%

somewhere around 2014 and 2023. Static and rotating equipment are made by OEMs

around the globe, who additionally supply the same to E&P organizations either specifically

or through...