Market Overview: Static Equipment Market FY2024-2030
This reports provides an essential and dependable overview of the Static Equipment Market, serving as a guide for stakeholders navigating the industry's future trajectory. It covers critical aspects, guiding through challenges and opportunities, shedding light on the market landscape, key insights, driving forces, major competitors, regulatory framework, potential growth, ongoing trends, supply chain dynamics, evolving policies, segments and prominent players.
Static Equipment Market Report Coverage Details:
- Base Year: 2023
- Historical Data:2019-22
- Forecast Period: 2024-2030
- CAGR: 2.5% (2024-2030)
The Global Static Equipment Market is projected to grow at a CAGR of around 2.5% during the forecast period, i.e., 2024-30.
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Static Equipment Market Driver:
Expanding Oil & Gas Refineries and Plant Facilities Worldwide - The rising global burden and migrating population from rural to urban areas have put forth the need for more energy resources in almost every application sector. Since renewable resources are in their crawling stage, the dependency for energy and power generation is still on oil and gas, which is why the procurement of static equipment has become crucial. This is likely to boost the global demand for static equipment to even higher levels during the forecast period.
Static Equipment Market Segmentation Analysis – FY2024-2030
Discover a comprehensive evaluation of every segment and its subdivisions, allowing our clients to gain a deep understanding of the Static Equipment Market (2024-2030). We prioritize uncovering the pivotal factors that presently drive and will shape the industry's growth moving forward. Our goal is to empower our esteemed clients by optimizing their end-user positioning and revenue generation through a thorough analysis of market size, share and all the latest market scope across diverse segmentation categories.
The Static Equipment Market segmentation is enlisted below:
By Type of Equipment
- Heat Exchangers- Market Size & Forecast 2019-2030, USD Million
- Valves- Market Size & Forecast 2019-2030, USD Million
- Boilers- Market Size & Forecast 2019-2030, USD Million
- Furnaces- Market Size & Forecast 2019-2030, USD Million
- Others- Market Size & Forecast 2019-2030, USD Million
By Industry
- Oil & Gas- Market Size & Forecast 2019-2030, USD Million
- By Application- Market Size & Forecast 2019-2030, USD Million
- Upstream- Market Size & Forecast 2019-2030, USD Million
- Midstream- Market Size & Forecast 2019-2030, USD Million
- Downstream- Market Size & Forecast 2019-2030, USD Million
- By Location- Market Size & Forecast 2019-2030, USD Million
- Onshore- Market Size & Forecast 2019-2030, USD Million
- Offshore- Market Size & Forecast 2019-2030, USD Million
- Power- Market Size & Forecast 2019-2030, USD Million
- Chemicals- Market Size & Forecast 2019-2030, USD Million
- Others- Market Size & Forecast 2019-2030, USD Million
- By Application- Market Size & Forecast 2019-2030, USD Million
By Companies
- Competition Characteristics
- Market Share
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By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia Pacific
Static Equipment Market Competitive Landscape
Technip, Alfa Laval, Atlas Copco, General Electric, Siemens AG, Metso Oyj, Sulzer Ltd, Pentair Plc, Flowserve Corporation, Wartsila Oyj, OAO TMK, Doosan Group, Mitsubishi Heavy Industries, Others.
Static Equipment Industry News:
- July 2022 - Alfa Laval, in partnership with a global Swedish steel company SSAB, seeks to develop and commercialize the world’s first heat exchanger based on fossil-free steel. In this regard, the company expects its first hydrogen-reduced steel unit by 2023. The partnership shall bring Alfa Laval one step closer to achieving carbon neutrality by 2030.
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Key Report Highlights
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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