Static and rotating equipment form an essential part of the oil and gas infrastructure. Upstream, midstream, and downstream activities depend on the reliability and quality of these equipment. However, on account of the recent drop in oil prices, expenditure on E&P activities is expected to reduce in the near future, which is likely to have an adverse impact on demand for these equipment.
Albany, NY -- (SBWIRE) -- 06/16/2016 -- The research study is designed to analyze and estimate the market for oil and gas static and rotating equipment globally in terms of revenue (USD Million). The global market for oil and gas static and rotating equipment has been broadly segmented on the basis of product type and geography. The market report categorizes oil and gas equipment under two broad classifications: static equipment and rotating equipment. Oil and gas static equipment comprise valves, boilers, furnaces, heat exchangers, and others. Oil and gas rotating equipment comprise turbines, pumps, compressors, and others. In this research study, the oil and gas static and rotating equipment market has been segmented at a granular level, geographically.
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The global market has been segmented geographically into North America, Europe, Asia Pacific, Middle East and Africa, and South & Central America. Each of these regional segments has been further sub-divided into its constituent country-wise segments. A total of 14 sub-segments have been drawn from five regions which comprise eight unique country-specific analysis. The report features a detailed regional segmentation with market growth forecast for the 2014-2022 period. Similar detailed projections have also been provided for the product segments. For this market study, 2013 has been taken as the base year, while all forecasts are for the 2014-2022 period.
This report includes key market dynamics affecting the demand for oil and gas static and rotating equipment globally. As a part of our market dynamics analysis, we have analyzed the market drivers, market restraints, and market opportunities. The report also provides a detailed analysis of the global oil and gas static and rotating equipment market with the help of Porter's Five Forces model. The Porter's Five Forces analysis aids in understanding the five major forces that affect the industry structure and demand for oil and gas static and rotating equipment globally. The forces analyzed are the bargaining power of buyers, bargaining power of suppliers, threat of new entrants, threat of substitutes, and degree of competition. The report also includes a glimpse of the global oil and gas static and rotating equipment value chain.
The interaction and roles of various stakeholders in the value chain starting from technology development and manufacturing to the deployment and final end-use have been elucidated in detail. The market attractiveness analysis involves benchmarking and ranking of each region on the basis of numerous parameters. The parameters selected are likely to have a pronounced effect on the demand for oil and gas static and rotating equipment market in that region, both currently and in the near future. Raw material supply and demand outlook have been analyzed in detail considering two of the critical materials required for manufacturing the equipment: steel and copper. Regional demand balances and future market trends have been analyzed for both copper and steel, with forward looking analysis on prices of such commodities. Labor price outlook and the general scenario for aftermarket services have also been analyzed in depth.
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Key players in the oil and gas static and rotating market include Alfa Laval AB, Atlas Copco AB, Pentair plc, General Electric Company, Metso Oyj, Siemens AG, Tenaris SA, Sulzer Limited, FMC Technologies Inc., OAO TMK, Technip SA, Flowserve Corporation, Doosan Group, Wärtsilä, and Mitsubishi Heavy Industries Ltd. This report provides an overview of these companies, followed by their financial revenues, business strategies, recent developments, and recent major supplies to the oil and gas industry.
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