Oil & Gas Static And Rotating Equipment Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented, By Application (Upstream, Midstream, and Downstream), By Type (Static and Rotating), By Region, By Competition, 2020-2030F

Description

The Oil & Gas Static and Rotating Equipment Market was valued at USD 25.36 Billion in 2024 and is projected to reach USD 30.68 Billion by 2030, growing at a CAGR of 3.07% during the forecast period. This market segment includes critical mechanical components that support upstream, midstream, and downstream oil and gas operations. Static equipment-such as pressure vessels, heat exchangers, separators, and tanks-remains fixed and provides essential process functions, while rotating equipment-including pumps, compressors, turbines, and motors-enables fluid movement, compression, and energy transfer. Demand is driven by continued investment in energy infrastructure, increasing global energy consumption, and the expansion of exploration activities, particularly in offshore and remote environments. As operators aim to enhance operational reliability and efficiency, the integration of digital technologies and a focus on energy efficiency are becoming central to the market's evolution.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 25.36 Billion
Market Size 2030	USD 30.68 Billion
CAGR 2025-2030	3.07%
Fastest Growing Segment	Midstream
Largest Market	North America

Key Market Drivers

Increased Upstream Oil & Gas Exploration and Production Activities

Rising global energy demand has led to increased upstream investment, particularly in regions developing deep-water and unconventional shale reserves. Countries such as the U.S., Brazil, and Saudi Arabia are spearheading exploration projects, requiring robust and efficient static and rotating equipment to support high-performance operations. Static components like heat exchangers and separators are essential for fluid processing, while rotating machinery ensures uninterrupted flow and compression. Harsh environments in offshore and remote sites further drive the need for durable, high-tech solutions. Growing collaborations between national and international oil companies to tap unexplored reserves are expected to further boost equipment demand across upstream projects.

Key Market Challenges

Volatility in Crude Oil Prices and Capital Expenditure Constraints

Fluctuations in global crude oil prices pose a major challenge for the static and rotating equipment market, directly impacting capital investment decisions across the oil and gas value chain. When prices drop, companies typically delay infrastructure expansion and defer equipment procurement. Conversely, rapid price increases can strain supply chains and inflate equipment costs. This volatility often leads to inconsistent demand for new installations and affects aftermarket service revenues. Budget constraints, especially in emerging markets, push operators to prioritize cost optimization over technological upgrades, limiting the pace of equipment modernization and affecting overall market stability.

Key Market Trends

Growing Integration of Digitalization and Predictive Maintenance Technologies

The market is witnessing increased adoption of digital tools to enhance performance, reliability, and lifecycle management of static and rotating equipment. Technologies such as Industrial IoT (IIoT), machine learning, and advanced analytics are enabling real-time monitoring and predictive maintenance. These tools help anticipate equipment failures, optimize maintenance schedules, and improve asset utilization. In offshore and remote sites, where equipment failure can result in significant downtime and safety risks, these solutions are proving particularly valuable. OEMs are embedding smart sensors and cloud-based diagnostics into their product offerings, enabling oil and gas operators to move from reactive to predictive maintenance strategies and enhance cost efficiency.

Key Market Players

Alfa Laval AB
Atlas Copco AB
General Electric Company
Baker Hughes Company
Pentair PLC
Mitsubishi Heavy Industries
TechnipFMC
Siemens AG

Report Scope:

In this report, the Global Oil & Gas Static and Rotating Equipment Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Oil & Gas Static and Rotating Equipment Market, By Application:

Upstream
Midstream
Downstream

Oil & Gas Static and Rotating Equipment Market, By Type:

Static
Rotating

Oil & Gas Static and Rotating Equipment Market, By Region:

North America
United States
Canada
Mexico
Europe
France
United Kingdom
Italy
Germany
Spain
Asia-Pacific
China
India
Japan
Australia
South Korea
South America
Brazil
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE
Kuwait
Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Oil & Gas Static and Rotating Equipment Market.

Available Customizations:

Global Oil & Gas Static and Rotating Equipment Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
1.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Formulation of the Scope
2.4. Assumptions and Limitations
2.5. Sources of Research
- 2.5.1. Secondary Research
- 2.5.2. Primary Research
2.6. Approach for the Market Study
- 2.6.1. The Bottom-Up Approach
- 2.6.2. The Top-Down Approach
2.7. Methodology Followed for Calculation of Market Size & Market Shares
2.8. Forecasting Methodology
- 2.8.1. Data Triangulation & Validation

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends

4. Voice of Customer

5. Global Oil & Gas Static And Rotating Equipment Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Application (Upstream, Midstream, and Downstream)
- 5.2.2. By Type (Static and Rotating)
- 5.2.3. By Region
5.3. By Company (2024)
5.4. Market Map

6. North America Oil & Gas Static And Rotating Equipment Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Application
- 6.2.2. By Type
- 6.2.3. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Oil & Gas Static And Rotating Equipment Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Application
    - 6.3.1.2.2. By Type
- 6.3.2. Canada Oil & Gas Static And Rotating Equipment Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Application
    - 6.3.2.2.2. By Type
- 6.3.3. Mexico Oil & Gas Static And Rotating Equipment Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Application
    - 6.3.3.2.2. By Type

7. Europe Oil & Gas Static And Rotating Equipment Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Application
- 7.2.2. By Type
- 7.2.3. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Oil & Gas Static And Rotating Equipment Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Application
    - 7.3.1.2.2. By Type
- 7.3.2. United Kingdom Oil & Gas Static And Rotating Equipment Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Application
    - 7.3.2.2.2. By Type
- 7.3.3. Italy Oil & Gas Static And Rotating Equipment Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Application
    - 7.3.3.2.2. By Type
- 7.3.4. France Oil & Gas Static And Rotating Equipment Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Application
    - 7.3.4.2.2. By Type
- 7.3.5. Spain Oil & Gas Static And Rotating Equipment Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Application
    - 7.3.5.2.2. By Type

8. Asia-Pacific Oil & Gas Static And Rotating Equipment Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Application
- 8.2.2. By Type
- 8.2.3. By Country
8.3. Asia-Pacific: Country Analysis
- 8.3.1. China Oil & Gas Static And Rotating Equipment Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Application
    - 8.3.1.2.2. By Type
- 8.3.2. India Oil & Gas Static And Rotating Equipment Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Application
    - 8.3.2.2.2. By Type
- 8.3.3. Japan Oil & Gas Static And Rotating Equipment Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Application
    - 8.3.3.2.2. By Type
- 8.3.4. South Korea Oil & Gas Static And Rotating Equipment Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Application
    - 8.3.4.2.2. By Type
- 8.3.5. Australia Oil & Gas Static And Rotating Equipment Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Application
    - 8.3.5.2.2. By Type

9. South America Oil & Gas Static And Rotating Equipment Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Application
- 9.2.2. By Type
- 9.2.3. By Country
9.3. South America: Country Analysis
- 9.3.1. Brazil Oil & Gas Static And Rotating Equipment Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Application
    - 9.3.1.2.2. By Type
- 9.3.2. Argentina Oil & Gas Static And Rotating Equipment Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Application
    - 9.3.2.2.2. By Type
- 9.3.3. Colombia Oil & Gas Static And Rotating Equipment Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Application
    - 9.3.3.2.2. By Type

10. Middle East and Africa Oil & Gas Static And Rotating Equipment Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Application
- 10.2.2. By Type
- 10.2.3. By Country
10.3. Middle East and Africa: Country Analysis
- 10.3.1. South Africa Oil & Gas Static And Rotating Equipment Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Application
    - 10.3.1.2.2. By Type
- 10.3.2. Saudi Arabia Oil & Gas Static And Rotating Equipment Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Application
    - 10.3.2.2.2. By Type
- 10.3.3. UAE Oil & Gas Static And Rotating Equipment Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Application
    - 10.3.3.2.2. By Type
- 10.3.4. Kuwait Oil & Gas Static And Rotating Equipment Market Outlook
  - 10.3.4.1. Market Size & Forecast
    - 10.3.4.1.1. By Value
  - 10.3.4.2. Market Share & Forecast
    - 10.3.4.2.1. By Application
    - 10.3.4.2.2. By Type
- 10.3.5. Turkey Oil & Gas Static And Rotating Equipment Market Outlook
  - 10.3.5.1. Market Size & Forecast
    - 10.3.5.1.1. By Value
  - 10.3.5.2. Market Share & Forecast
    - 10.3.5.2.1. By Application
    - 10.3.5.2.2. By Type

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Company Profiles

13.1. Alfa Laval AB
- 13.1.1. Business Overview
- 13.1.2. Key Revenue and Financials
- 13.1.3. Recent Developments
- 13.1.4. Key Personnel/Key Contact Person
- 13.1.5. Key Product/Services Offered
13.2. Atlas Copco AB
13.3. General Electric Company
13.4. Baker Hughes Company
13.5. Pentair PLC
13.6. Mitsubishi Heavy Industries
13.7. TechnipFMC
13.8. Siemens AG