|
Forecast Period
|
2026-2030
|
|
Market Size (2024)
|
USD 29.16 Billion
|
|
Market Size (2030)
|
USD 37.73 Billion
|
|
CAGR (2025-2030)
|
4.23%
|
|
Fastest Growing Segment
|
Turbines
|
|
Largest Market
|
North America
|
Market Overview
The Global
Rotating
Equipment Market was
valued at USD 29.16 Billion in 2024 and is expected to reach USD 37.73 Billion by
2030 with a CAGR of 4.23% during the forecast period.
The global
rotating equipment market is a vital component of industrial infrastructure,
encompassing machinery that converts energy into motion, including pumps,
compressors, turbines, motors, and generators. These machines are critical to
the functioning of industries such as oil and gas, power generation, chemical
processing, water and wastewater treatment, and manufacturing. The market is
witnessing substantial growth, driven by increasing industrialization, rising
energy demand, and expanding infrastructure projects across emerging economies.
As developing nations invest in utilities, refineries, and industrial
facilities, the demand for efficient and durable rotating machinery continues
to rise. In mature markets, growth is supported by the need for modernization,
efficiency upgrades, and predictive maintenance practices.
Technological
advancements are transforming the rotating equipment landscape. The integration
of Industrial Internet of Things (IIoT), smart sensors, and
condition-monitoring systems is enabling predictive maintenance and reducing
downtime. Companies are increasingly adopting advanced materials and digital
control technologies to improve equipment performance, energy efficiency, and
lifecycle cost management. Furthermore, the shift toward sustainable energy
sources has influenced the demand for energy-efficient solutions, especially in
wind turbines and gas turbines, further stimulating innovation within the
market. Environmental regulations and carbon reduction commitments are also
prompting industries to invest in upgraded rotating equipment to meet compliance
requirements while optimizing operational efficiency.
The market is
highly competitive, with major players including Siemens AG, General Electric,
Flowserve Corporation, Atlas Copco, Sulzer Ltd, and Mitsubishi Heavy
Industries. These companies are focusing on strategic mergers, technological
innovation, and aftermarket services to strengthen their positions. Despite
growth opportunities, the market faces challenges such as high capital
investment, maintenance costs, and supply chain disruptions. However, the
increasing emphasis on operational reliability and energy efficiency is
expected to offset these concerns. Overall, the rotating equipment market is
poised for steady growth, supported by global industrial development,
technological transformation, and the ongoing shift toward sustainable
industrial operations.
Key
Market Drivers
Industrial Automation and
Operational Precision
The growing trend toward
industrial automation is a major driver for rotating equipment demand.
Automated systems across manufacturing, oil & gas, and process industries
rely heavily on precision equipment like pumps, compressors, turbines, and
motors. These systems ensure continuous operations and reduce human
intervention, thus boosting reliability and output efficiency.
- Advanced control systems enhance rotating
equipment performance by up to 20%.
- In electronic and precision manufacturing,
accurate motors can reduce production defects by 15–25%.
- Pumps integrated with variable frequency
drives (VFDs) can achieve energy savings of 10–30%.
- Approximately 60% of industrial electricity
consumption is linked to electric motors.
- Smart factories report downtime reductions of 18–22%
through automated monitoring.
With automation becoming
integral to global production systems, rotating equipment designed for
intelligent environments is in high demand. Modern machinery is expected not
only to operate reliably but also to communicate performance data for
maintenance and optimization.
Integration of IIoT and
Smart Monitoring
Digital transformation
through the Industrial Internet of Things (IIoT) has redefined the rotating
equipment landscape. Equipment is now embedded with sensors that track
temperature, vibration, load, and speed, providing real-time analytics that
support predictive maintenance and enhance operational efficiency.
- Predictive maintenance reduces scheduled
repairs by 12% and overall maintenance costs by 30%.
- Equipment failure incidents can be cut by 70%
with IIoT integration.
- Over 60% of modern systems now include
temperature monitoring, while 46% include vibration sensors.
- Smart platforms reduce unplanned downtime by 15–20%
weekly in critical operations.
- Cloud-based IIoT solutions improve diagnostics
and can extend machinery life by 25%.
This trend is leading to
higher adoption of smart pumps, digital compressors, and connected turbines
across industries, with a strong focus on reliability, real-time diagnostics,
and lifecycle extension.
Rising Energy Costs and
Efficiency Standards
With global electricity
prices on the rise and increasing regulatory pressure, industries are investing
in energy-efficient rotating equipment. Efficiency upgrades reduce operational
costs and carbon emissions, aligning with both financial and environmental
goals.
- Rotating equipment accounts for nearly 60% of
industrial electricity consumption.
- High-efficiency equipment can lower energy
bills by up to 30%.
- New equipment designs reach energy efficiency
levels above 90%, reducing long-term costs.
- Nearly 45% of facility maintenance spending is
now directed toward efficiency optimization.
- Replacing outdated motors and compressors can
reduce carbon footprints by 15–25%.
Energy conservation
programs across industrial nations are accelerating the transition toward
next-generation equipment. As energy-intensive sectors modernize, this trend
continues to bolster market growth.
Renewable Energy Expansion
and Infrastructure Investment
The transition to renewable
energy is creating new demand for specialized rotating equipment. Wind
turbines, hydro plants, and utility-scale solar systems require motors,
generators, and compressors suited to renewable integration. Simultaneously,
infrastructure investments in water treatment and utilities are reinforcing
demand.
- Renewable energy is expected to make up 95% of
global power capacity additions by 2026.
- Wind energy currently contributes to around 7%
of global power generation.
- Desalination plants, which rely heavily on
pumps and turbines, are growing rapidly in arid regions.
- Asia-Pacific infrastructure investments are
projected to reach USD 26 trillion by 2030.
- Renewable-friendly turbines now make up over 50%
of new turbine installations.
As global infrastructure
expands to meet urbanization and energy needs, the rotating equipment market is
seeing new use cases emerge in clean energy, smart grids, and water systems.
Emphasis on Predictive
Maintenance and Lifecycle Management
There is a rising shift
from reactive to predictive maintenance in industries that depend on rotating
equipment. Companies are leveraging sensors, AI analytics, and real-time
monitoring to prevent failures, reduce costs, and extend equipment life.
- Over 50% of pump failures result from
detectable bearing or seal issues.
- Predictive maintenance can reduce costs by 25%
and failure rates by 70%.
- Scheduled maintenance now represents 45% of
total service activities.
- Connected diagnostics systems can reduce
downtime by 15 hours per week.
- Equipment lifespan can increase by 20–30%
through condition-based monitoring.
This focus on uptime and
reliability is driving companies to invest in rotating equipment that is not
only durable but also digitally enabled for performance tracking and predictive
analytics—further strengthening aftermarket demand.

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Key
Market Challenges
High
Capital and Maintenance Costs
One of the foremost
challenges in the rotating equipment market is the significant capital
investment required for procurement, installation, and operation. Pumps,
compressors, turbines, and motors are highly engineered products that require
substantial upfront expenditure, particularly for high-performance or
specialized applications such as offshore oil rigs, power plants, or
petrochemical refineries.
In addition to procurement
costs, rotating equipment requires continuous monitoring, regular maintenance,
and periodic overhauls, which adds to lifecycle costs. Components like seals,
bearings, and couplings are prone to wear and need frequent replacement to
prevent equipment failure. In many industrial settings, downtime caused by
unplanned maintenance can result in massive production losses. This makes users
cautious about investing in new or advanced systems, especially in
cost-sensitive markets such as water utilities or municipal services.
Furthermore, small- and
medium-sized enterprises (SMEs) often find it difficult to absorb such high
investments or justify returns in the short term. In industries where margins
are tight, such as textiles, paper, or metal fabrication, even essential upgrades
may be delayed. For end users, the total cost of ownership often outweighs
perceived performance benefits, especially when ROI is unclear.
As a result, many
industries continue to operate aging equipment beyond its optimal lifespan,
leading to reduced operational efficiency and a higher risk of failure. The
capital-intensive nature of the market thus acts as a barrier to widespread
modernization and adoption of energy-efficient technologies. Overcoming this
challenge requires greater access to financing models, leasing programs, and
service-based contracts, but these alternatives are still in early stages in
many parts of the world.
Skilled
Labor Shortage and Training Gaps
The operation, maintenance,
and troubleshooting of rotating equipment require highly skilled technicians,
engineers, and operators. However, there is a growing shortage of such
professionals globally, particularly in emerging markets and remote industrial
locations. As older technicians retire, the inflow of trained talent has not
kept pace with the increasing complexity of modern equipment, which now
integrates sensors, analytics, and automated control systems.
Many companies struggle to
find maintenance personnel who are well-versed in both mechanical fundamentals
and digital technologies. The skill gap is particularly acute in industries
like oil & gas, power generation, and water treatment, where rotating
equipment is mission-critical. Without trained personnel, regular maintenance
schedules are often skipped or improperly executed, increasing the risk of
breakdowns and reducing equipment efficiency.
In addition, the
integration of Industrial Internet of Things (IIoT), predictive analytics, and
cloud-based monitoring requires operators to understand both IT systems and
traditional mechanical components—a blend of expertise that remains rare. Many
vocational training centers have yet to update their curricula to include
modern technologies, leaving new entrants underprepared for field conditions.
As companies deploy smarter
rotating equipment, the need for upskilled labor becomes even more urgent.
However, the cost of training, combined with employee turnover, discourages
many firms from investing heavily in workforce development. This lack of skilled
labor not only hampers equipment performance but also affects the after-sales
service quality offered by manufacturers and distributors.
Bridging the skills gap
will require a concerted effort from educational institutions, OEMs, and
industrial users. Without resolving this challenge, the rotating equipment
market may face operational inefficiencies, service backlogs, and customer
dissatisfaction—despite technological advancements.
Complexity
in Retrofitting and Integration with Legacy Systems
Many industrial facilities,
particularly in older plants, still operate legacy systems that were designed
decades ago with minimal consideration for digital integration or modular
upgrades. Retrofitting new rotating equipment into such environments presents a
complex challenge, both technically and economically.
Compatibility issues arise
when modern motors, pumps, or turbines with advanced automation features must
be connected to outdated control systems, power supplies, or piping networks.
Modifying the infrastructure to accommodate new equipment often involves
re-engineering of layouts, recalibration of system parameters, and prolonged
downtime—all of which add to project costs and risks. In many cases, the cost
of retrofitting surpasses the price of the equipment itself.
Additionally, legacy
systems lack standardized interfaces, making it difficult to achieve seamless
integration. Even if physical installation is possible, achieving optimal
performance through digital connectivity and analytics may remain out of reach.
This undermines the full value proposition of modern rotating equipment, which
is increasingly designed to work within smart, interconnected industrial
ecosystems.
Moreover, older facilities
may not have the necessary space, structural integrity, or electrical capacity
to support newer, larger, or more advanced units. Customization of equipment
for retrofitting purposes increases lead times, engineering costs, and complexity.
These constraints often discourage industries from upgrading, especially in
low-margin sectors or regions with limited technical support.
As a result, many companies
are caught in a dilemma—continue using inefficient, aging equipment or invest
heavily in infrastructure modernization. The complexity and cost of
retrofitting serve as major roadblocks to the broader adoption of
new-generation rotating equipment, especially in brownfield projects.
Volatile
Raw Material Prices and Supply Chain Disruptions
The production of rotating
equipment depends heavily on materials such as steel, aluminum, copper, and
high-performance alloys. Price volatility in these raw materials poses a major
challenge for manufacturers, impacting cost structures and profit margins.
Global geopolitical events, trade restrictions, energy crises, and natural
disasters can cause sudden spikes in material costs, leading to pricing
uncertainty for both OEMs and customers.
For example, copper—used
extensively in motors and generators—has experienced significant price
fluctuations in recent years. These cost pressures are often passed down to end
users or absorbed by manufacturers, squeezing margins and reducing competitiveness.
In addition, rare earth materials used in specialized bearings or
high-efficiency motors are subject to limited supply and export controls.
The rotating equipment
industry is also highly sensitive to global logistics and shipping conditions.
Disruptions such as port closures, container shortages, and long customs
clearance times can delay deliveries and extend lead times. COVID-19 and subsequent
geopolitical tensions exposed vulnerabilities in global supply chains,
particularly for OEMs dependent on multi-country component sourcing.
Additionally, regional
imbalances in manufacturing capacities lead to overdependence on certain
countries for key components. This concentration risk has driven some
manufacturers to reconsider global sourcing strategies, but establishing
alternative suppliers or localizing production is time-consuming and expensive.
These supply chain and
pricing uncertainties affect not only production planning but also contract
pricing, customer delivery schedules, and aftermarket support. Managing this
volatility is critical, but few companies have sufficient control or flexibility
to mitigate these risks entirely.
Environmental
Regulations and Emission Compliance Burdens
Stringent environmental
regulations are placing increasing pressure on manufacturers and users of
rotating equipment to minimize emissions, reduce noise, and enhance energy
efficiency. While such measures are essential for sustainability, they present
operational and technical challenges for the industry.
Complying with new emission
norms often requires redesigning equipment to use eco-friendly lubricants,
reduce fugitive emissions, or incorporate noise suppression technologies. These
design modifications increase R&D costs, certification requirements, and
manufacturing complexity. For users, regulatory compliance may mean upgrading
older equipment that does not meet new efficiency or pollution standards—often
at considerable expense.
Industries like oil &
gas and chemicals face particularly rigorous standards due to their
environmental impact, and failure to comply can lead to fines, operational
shutdowns, or loss of licenses. Rotating equipment in such settings must meet
stringent tolerances for leak-proof operations and energy usage, which can be
difficult with legacy systems or budget constraints.
Moreover, regulatory
frameworks are evolving rapidly, and staying compliant requires ongoing
monitoring, reporting, and audits. Smaller manufacturers often struggle to keep
pace with these requirements due to limited technical and financial resources.
Even large OEMs may find it challenging to align product development cycles
with shifting regulatory landscapes.
As global focus on
decarbonization and net-zero goals intensifies, rotating equipment
manufacturers must innovate continuously while balancing performance, cost, and
compliance. However, the burden of regulatory adaptation, especially for legacy
operations and equipment, remains a persistent obstacle for market growth.
Key
Market Trends
Rising Demand for
Energy-Efficient Equipment
Energy efficiency has
emerged as a major purchasing criterion in the rotating equipment industry.
With global energy prices rising and regulatory frameworks becoming more
stringent, industries are seeking motors, pumps, compressors, and turbines that
consume less power while delivering high output. This has led to significant
innovation in design, materials, and control systems.
Manufacturers are now
producing equipment that meets or exceeds international energy efficiency
standards. This includes the use of premium-efficiency motors (IE3/IE4),
magnetic bearings, optimized impeller designs, and variable frequency drives
(VFDs) that allow dynamic speed control based on load conditions. These
advancements result in substantial energy savings over the lifecycle of the
equipment.
Additionally, industries
are now evaluating total cost of ownership (TCO) rather than just initial
capital expenditure. This shift in mindset is encouraging end-users to invest
in high-efficiency equipment that offers long-term benefits through reduced utility
bills and maintenance costs.
Energy efficiency is also
being driven by sustainability goals. Many large corporations have committed to
carbon neutrality or emission reduction targets. Upgrading to efficient
rotating equipment is one of the most immediate and measurable actions toward
these goals.
This trend is especially
strong in regions like Europe and North America, where energy regulations are
more advanced. However, developing economies are also catching up, particularly
in industrial clusters where energy use is a major operational cost. As such,
the push for energy-efficient rotating machinery is becoming a global movement.
Integration of Smart and
Connected Equipment
Digital transformation is
reshaping the rotating equipment market through the integration of smart,
connected features. Modern equipment is no longer limited to mechanical
performance; it also serves as a node in a broader industrial automation and
data analytics ecosystem.
Connected rotating
equipment includes embedded sensors, edge computing capabilities, and
compatibility with cloud-based platforms. This allows the equipment to
communicate with control systems, deliver real-time performance data, and
integrate with enterprise resource planning (ERP) systems for seamless
operational visibility.
Smart equipment can
self-regulate under variable conditions, automatically adjust operating
parameters, and trigger maintenance alerts before problems occur. This level of
automation reduces the need for constant human oversight and improves
operational accuracy.
The trend is also driving
the growth of digital twin technology in the rotating equipment space. Digital
twins simulate real-world equipment behavior using live data, enabling
performance optimization, design testing, and failure prediction without physical
intervention.
Industries such as
chemicals, pharmaceuticals, and power generation—where process precision is
vital—are particularly benefiting from smart rotating equipment. Manufacturers,
in response, are investing heavily in R&D to enhance software compatibility,
cybersecurity, and remote diagnostics capabilities.
This trend is set to
redefine the competitive landscape of the rotating equipment market. Companies
that offer not just hardware but integrated digital solutions are becoming
preferred vendors. The adoption of Industry 4.0 principles is thus catalyzing a
long-term evolution in how rotating equipment is manufactured, sold, and
maintained.
Growing Popularity of
Modular and Customizable Designs
Flexibility in design is
becoming an important trend in the global rotating equipment market. Industries
today demand modular equipment that can be easily installed, upgraded, or
scaled depending on process needs. This is a departure from traditional one-size-fits-all
machinery and has reshaped product development strategies.
Modular rotating equipment
allows for faster assembly, simplified integration with existing systems, and
quicker replacement of faulty components. This design approach minimizes
downtime during installation or repairs, significantly boosting operational uptime.
It is especially popular in remote or offshore installations, where
transporting and servicing large, complex machinery is both time-consuming and
expensive.
Customization is also in
high demand, particularly in niche sectors such as pharmaceuticals,
desalination, food processing, and advanced manufacturing. These industries
often have unique process conditions—like corrosive fluids, high pressures, or
hygienic requirements—which necessitate specially designed pumps, motors, or
turbines.
To meet this need,
manufacturers are offering configuration tools that allow end-users to select
performance parameters, materials, and connectivity features according to their
specific applications. This customization extends to software as well, where control
interfaces and alerts are tailored to customer preferences.
This trend is helping
manufacturers differentiate themselves in a competitive market by offering
value beyond standard product lines. It also supports greater lifecycle
flexibility, as customers can adapt or upgrade individual modules rather than
replacing entire systems. As industrial operations grow more complex and
diverse, modular and customizable rotating equipment is becoming a market norm
rather than an exception.
Expansion of Aftermarket
Services and Lifecycle Management
Another key trend in the
rotating equipment market is the rising importance of aftermarket services,
including maintenance contracts, performance optimization, spare parts supply,
and equipment upgrades. As competition intensifies, original equipment manufacturers
(OEMs) are focusing not only on sales but also on building long-term service
relationships with clients.
Customers are increasingly
looking for full-service providers who can manage their rotating equipment
assets throughout their lifecycle. This includes initial installation,
commissioning, periodic health assessments, condition monitoring, remote
diagnostics, and end-of-life recycling or replacement.
Service-based business
models, such as Equipment-as-a-Service (EaaS), are gaining traction. These
models allow customers to pay for equipment use and performance rather than own
the machinery outright. Such arrangements reduce upfront capital expenditure
and transfer the responsibility for maintenance and uptime to the OEM or
service provider.
Digital technologies are
playing a major role in enabling this trend. Remote monitoring tools and
cloud-based dashboards provide OEMs with real-time data, allowing them to offer
proactive services and reduce response time in case of faults. AI-based analytics
are also being used to fine-tune performance and predict component wear.
The aftermarket segment has
become a significant revenue stream for many companies, often surpassing
initial equipment sales in profitability. This shift reflects a broader trend
toward solution-oriented offerings, where rotating equipment is part of an integrated
performance management system.
As the focus on uptime,
efficiency, and total cost of ownership increases, aftermarket services will
continue to expand, offering new business opportunities and customer engagement
strategies for players across the value chain.
Segmental
Insights
Type Insights
Pumps segment dominates
in the Global Rotating Equipment market in 2024 due to its widespread
application across multiple industries, evolving technological innovations, and
increasing demand driven by global infrastructure development and water
management needs. Pumps are indispensable components in sectors such as oil
& gas, water and wastewater treatment, power generation, chemical
processing, pharmaceuticals, and food & beverages, making them the most
extensively used rotating equipment globally.
One of the key
reasons behind this dominance is the escalating global focus on water and
wastewater infrastructure, particularly in urban and industrial areas.
Countries facing water scarcity or pollution are investing in large-scale
desalination and treatment plants, all of which rely heavily on different types
of pumps (centrifugal, submersible, and diaphragm pumps). Moreover, municipal
and industrial water systems require continuous pumping operations, resulting
in substantial demand for reliable, energy-efficient pump solutions.
In the oil &
gas sector, pumps are critical for fluid transfer, circulation, injection, and
refining operations. With upstream and midstream investments rebounding
post-pandemic, the segment has experienced renewed growth. Additionally, chemical
and pharmaceutical industries require specialized pumps for handling corrosive,
volatile, or high-viscosity fluids with precision, pushing demand for
customized and high-performance solutions.
Technological
advancements also support this trend. The integration of smart pumps with
real-time monitoring, variable frequency drives (VFDs), and predictive
maintenance features has significantly enhanced pump efficiency and reduced
operating costs. This has encouraged industries to replace outdated units with
newer, digitally enabled models.
Furthermore, as
energy efficiency becomes a top priority, high-efficiency pumps are
increasingly preferred, supported by global regulations like the EU Ecodesign
Directive. The combination of regulatory compliance, essential process roles,
and evolving technology has placed pumps at the forefront of the rotating
equipment market in 2024, making them the most dominant and fastest-adopted
segment worldwide.
Application Insights
Onshore segment dominated the Global Rotating Equipment market in
2024 due to the
widespread presence of industrial facilities, power plants, manufacturing
units, and water treatment infrastructure located onshore. Onshore operations
offer easier equipment installation, maintenance, and scalability compared to
offshore environments, reducing operational complexity and cost. Additionally, rapid
industrialization in emerging economies, along with significant investments in
oil refining, chemical processing, and renewable energy projects on land, have
accelerated equipment demand. The availability of skilled labor, established
supply chains, and robust regulatory frameworks further supported the dominance
of onshore applications across multiple end-use industries.

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Regional
Insights
Largest Region
North America dominates the Global Rotating
Equipment market in 2024 due
to its well-established industrial base, advanced technological infrastructure,
and strong presence of leading equipment manufacturers. The region’s dominance
is primarily driven by robust activity in key sectors such as oil & gas,
power generation, water treatment, chemicals, and manufacturing, all of which
require high-performance rotating machinery including pumps, compressors,
turbines, and motors.
The United
States, in particular, continues to invest heavily in energy infrastructure,
including both conventional and renewable power generation. The expansion of
shale oil and gas exploration in the U.S. has maintained high demand for
rotating equipment in drilling, production, and refining operations.
Additionally, Canada’s oil sands and resource extraction industries contribute
significantly to regional demand, especially for heavy-duty and high-pressure
machinery.
Technological
leadership further reinforces North America’s dominance. The region is at the
forefront of integrating Industrial Internet of Things (IIoT), smart sensors,
and predictive maintenance solutions into rotating equipment. This digital
transformation enhances efficiency, reliability, and lifecycle performance,
driving widespread upgrades and replacements of older systems. North American
industries are also early adopters of energy-efficient and low-emission
equipment, aligning with stringent regulatory requirements related to
environmental sustainability and carbon reduction.
Moreover, North
America is home to several global market leaders such as General Electric,
Flowserve Corporation, and Ingersoll Rand, which have robust R&D
capabilities, strong service networks, and a broad customer base. These
companies not only cater to domestic demand but also export equipment and
solutions globally.
Government
support for industrial modernization, coupled with a high level of automation
and skilled labor availability, further boosts equipment deployment across the
region. Collectively, these factors make North America the most mature and
innovation-driven market for rotating equipment in 2024, solidifying its
position at the top of the global landscape.
Emerging Region
Europe is the emerging region in the Global Rotating
Equipment market in the coming period due to its strong push toward energy efficiency,
decarbonization, and industrial modernization. The region’s ambitious climate
goals and regulatory mandates, such as the EU Ecodesign Directive, are driving
demand for advanced, low-emission pumps, compressors, and turbines.
Additionally, significant investments in renewable energy, water
infrastructure, and smart manufacturing are fueling market growth. European
industries are also adopting digital solutions and predictive maintenance at a
rapid pace. With strong engineering capabilities, innovation-driven OEMs, and
sustainability-focused policies, Europe is poised to be a major growth hub in
the coming years.
Recent
Developments
- In January 2025, Arcline
Investment Management acquired Rotating Machinery Services, Inc. (RMS), a
premier OEM and global third-party service provider for critical
turbomachinery. Founded in 1998, RMS has redefined aftermarket support through
comprehensive offerings that include parts manufacturing, component repair,
metrology, and engineering services for both OEM and non-OEM systems. The
acquisition strengthens Arcline’s presence in high-performance rotating
equipment, supporting RMS’s continued innovation and expansion across key
industrial and energy sectors.
- In May 2025, Westpower
announced a strategic partnership with Summit Pump, Inc., a leading U.S.
manufacturer of centrifugal and positive displacement pumps. This alliance
expands Westpower’s end-to-end rotating equipment solutions, from supply and
installation to lifecycle maintenance. With over 40 years of manufacturing
experience and rapid delivery capabilities, Summit Pump enhances Westpower’s
ability to reduce lead times, optimize client uptime, and deliver reliable,
cost-effective pump systems to critical infrastructure and process industries.
- In April 2025, Sulzer
entered a 10-year strategic service partnership with Manweir WLL to enhance
rotating equipment repair services in Qatar. Based at Manweir’s Ras Laffan
facility, Sulzer will provide localized support across oil & gas, power,
water, and industrial sectors. This initiative shortens repair cycles, boosts
equipment reliability, and aligns with Qatar’s In-Country Value targets and
Vision 2030 sustainability objectives, strengthening domestic capabilities and
infrastructure resilience.
- In April 2025, CG Pumps
unveiled SmartSENSE, India’s first cordless, float-free automatic water pump
controller. Designed for residential use, the system uses advanced sensors to
monitor water levels at both inlet and tank points, enabling fully automated
pump operation without manual wiring or float switches. This innovation
enhances water efficiency, eliminates overflow, and simplifies
installation—offering a modern, intelligent solution for household water
management in India’s evolving urban landscape.
Key
Market Players
- Siemens AG
- General
Electric
- Atlas
Copco AB
- Flowserve
Corporation
- Sulzer
Ltd
- Mitsubishi
Heavy Industries
- Grundfos
- Ingersoll
Rand Inc.
- Ebara
Corporation
- Ansaldo
Energia
|
By Type
|
By Application
|
By End-User
|
By Region
|
- Pumps
- Compressors
- Turbines
- Motors
- Generators
- Others
|
- Onshore
- Offshore
- Industrial
Processing
- Energy
Production
- Others
|
- Oil &
Gas
- Power
Generation
- Water &
Wastewater Treatment
- Chemicals
& Petrochemicals
- Others
|
- North
America
- Europe
- South
America
- Middle East
& Africa
- Asia Pacific
|
Report Scope:
In this report, the Global Rotating Equipment
Market has been segmented into the following categories, in addition to the
industry trends which have also been detailed below:
- Rotating Equipment Market, By Type:
o Pumps
o Compressors
o Turbines
o Motors
o Generators
o Others
- Rotating Equipment Market, By Application:
o Onshore
o Offshore
o Industrial Processing
o Energy Production
o Others
- Rotating Equipment Market, By End-User:
o Oil & Gas
o Power Generation
o Water & Wastewater Treatment
o Chemicals & Petrochemicals
o Others
- Rotating Equipment Market,
By Region:
o North America
§
United
States
§
Canada
§
Mexico
o Europe
§
Germany
§
France
§
United
Kingdom
§
Italy
§
Spain
o South America
§
Brazil
§
Argentina
§
Colombia
o Asia-Pacific
§
China
§
India
§
Japan
§
South
Korea
§
Australia
o Middle East & Africa
§
Saudi
Arabia
§
UAE
§
South
Africa
Competitive Landscape
Company Profiles: Detailed analysis of the major companies
present in the Global Rotating Equipment Market.
Available Customizations:
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profiling of additional market players (up to five).
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