According
to a recent market study released by Transparency Market Research
(TMR), the global static and rotating equipment market will be valued
at US$35.8 bn in 2022, increasing from its valuation of US$26.5 bn in
2013, to display a modest 3.7% CAGR from 2014 to 2022.
In-depth
research report on Static and Rotating Equipment Market
with Full TOC at :
http://www.transparencymarketresearch.com/oil-gas-static-rotating-equipment-market.html
The
research report provides an in-depth analysis of the various factors
that will have an impact on this market both positively and
negatively for the forecast period. Static and rotating equipment is
an integral part of the infrastructure needed for operations in oil
and gas exploration activities. The report states that the growing
use of new technologies for oil production from unconventional
sources will be one of the major reasons driving demand for essential
apparatus such as static and rotating equipment.
In
the U.S., the shale gas boom has been the reason for large-scale
commercial activities for utilizing natural gas trapped within shale
formations. This has led to a consistently increasing demand for
static and rotating equipment for exploration of these resources. Due
to the proven economic and environmental benefits associated with
natural gas for energy purposes, countries such as China and
Argentina are likely to follow suit for utilization of shale.
In
the Middle East and Asia Pacific, state-led initiatives for the
development of robust infrastructure for LNG exploration, combined
with large investments in the refining sector for fractional
distillation of petroleum and natural gas to their optimal level, are
benefitting this market.However, due to the recent drop in oil
prices, companies involved in E&P (exploration and production) of
oil and gas have cut expenditures for the said activities, which will
in turn have an adverse impact on the static and rotating equipment
market.
Get
Inquiry About Report :
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3060
The
global market for static and rotating equipment is divided on the
basis of product type and geography. Both static equipment and
rotating equipment are sub-segmented into critical products that are
widely used in the oil and gas sector. Whilst static equipment
comprises boilers, heat exchangers, valves, and furnaces, rotating
equipment comprises pumps, turbines, and compressors that are
deployed in the oil and gas industry.
The
report says that in the oil and gas industry, static and rotating
equipment is often customized as per the requirement of specific
operating units. For instance, reinjection compressors are suitable
for product enhancement and artificial lifting. Hence, these
compressors are increasingly utilized in underground storage
facilities of natural gas.Gas turbines, particularly aero-derivative
gas turbines, are utilized in both offshore and onshore oil and gas
facilities for power generation purposes.
However,
in 2013, static equipment held 52.79% of the global market. Amongst
all static equipment, valves will exhibit strong demand, driven
largely by unconventional E&P activities.
Browse
TMR Blog Energy Reports :
http://www.tmrblog.com/search/label/Energy
The
Global Market for Oil and Gas Rotating and Static Equipment Market
has been segmented as follows:
Oil
and Gas Static and Rotating Equipment Market: Product Type Analysis
Oil
and Gas Static Equipment
- Valves
- Boilers
- FurnacesHeat Exchangers
- Shell and Tube
- Air Cooled
- Others
Others
Oil
and Gas Rotating Equipment
- Compressors
- Turbines
- Pumps
- Others
Oil
and Gas Static and Rotating Equipment Market: Regional Analysis
North
America
- U.S.
- Rest of North America
Europe
- Norway
- U.K.
- Rest of Europe
Asia
Pacific
- China
- Australia
- Rest of Asia Pacific
Middle
East and Africa
- GCC Countries
- Nigeria
- Algeria
- Rest of Middle East and Africa
South
and Central America
- Brazil
Rest
of South and Central America
About
Us
Transparency
Market Research (TMR) is a global market intelligence company
providing business information reports and services. The company’s
exclusive blend of quantitative forecasting and trend analysis
provides forward-looking insights for decision makers. TMR’s
experienced team of analysts, researchers, and consultants use
proprietary data sources and various tools and techniques to gather
and analyze information.
TMR’s
data repository is continuously updated and revised by a team of
research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities, TMR
employs rigorous primary and secondary research techniques to develop
distinctive data sets and research material for business reports.
Contacts
Mr.
Nachiket Ghumare
90
State Street Suite 700
Albany
NY 12207
Tel:
+1-518-618-1030
USA
– Canada Toll Free: 866-552-3453
No comments:
Post a Comment