Static Equipment Market Witness Highest Growth AT a CAGR of 2.5% by 2030

0
227

Global Quick Overview of the Static Equipment Market Analysis

The Global Static Equipment Market Analysis, research report provides an in-depth market study with qualitative and quantitative research of the continuing industry trends, opportunities, growth areas, drivers, and challenges, which would enable stakeholders to align their market strategies according to the present & future market dynamics.

Detailed Analysis of Static Equipment Industry (2024-30): Reveals Further Growth &Market Expansion

According to the most recent study, the Global Static Equipment Market is projected to grow at a CAGR of around 2.5% during the forecast period, i.e., 2024-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, regional landscape, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024-30.

In case you missed it, we are currently revising our reports. Click on the "request sample report" button to get the latest research data with forecast for the years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn't take long for the team to deliver the most recent version of the report.

Static Equipment Market Possible Restraint:

Higher Maintenance Costs and Dependability Events or Failures - Due to the sheer number of equipment parts and quantity of stored fluid, the risks related to fixed equipment are higher than those of other equipment types. In a typical refinery or petrochemical facility, fixed equipment accounts for a sizable share of the capital/maintenance costs and dependability events or failures. A sizable portion of business accidents regarding property damage or injury has also involved static equipment. Further, since fixed equipment does not have complex sensors to monitor for corrosion and deterioration in real time, they require frequent inspection and a reliability plan.

Static Equipment Market Segmentation Analysis

-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
  • 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 Companies

  • Competition Characteristics
  • Market Share

Explore Our Comprehensive Study:  https://www.marknteladvisors.com/research-library/static-equipment-market.html

Geographical Analysis:

-By Region

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia Pacific

Here, Asia-Pacific is envisioned to acquire a leading position in the market during the forecast period. It primarily attributes to vast population, favorable government regulations, and the availability of low-cost labor enticing global players to set up their base across the region. As such global players like Atlas Copco, Siemens AG, Metso Oyj, and Sulzer Ltd have already set their eyes on countries like India, China, Taiwan, etc. For instance,

According to the Department for Promotion of Industry and Internal Trade (DPIIT), the total foreign direct investment (FDI) obtained by India in the financial years 2021-22 amounted to USD 83.57 billion. The FDI received by the drug and pharmaceutical industry amounted to USD 19.41 billion, the automotive industry received USD 32.84 billion, and the chemical manufacturing sector received USD 19.45 billion. Likewise, in September 2022, The Malaysian Investment Development Authority (MIDA) revealed that the government has enticed approved investment worth USD 27.5 billion in its manufacturing, services, and primary sectors in the first half of 2022.

Key Players and Competitive Strategies in the Static Equipment Market

The report provides a study that looks at the requirements for manufacturing and processing, project expenses, finance, and economics, as well as projected profit margins and returns on investment. This also helps in identifying the major market players in the market such as:

  • 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

Customization of Reports Available - https://www.marknteladvisors.com/query/request-customization/static-equipment-market.html

Static Equipment Industry Recent Developments

  • 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.
  • March 2022 - AVK Group unveiled a new line of premium 100 gate valves. The valves make a perfect fit for places where longer shelf life is required while ensuring safety and also where the excavation is unattainable. These places might include public and tourist attractions, busy roads, coastal areas, or areas contaminated with oil or gasoline.

Key Report Highlights

  • Market Dimensions & Projections
  • Pricing Evaluation,
  • Recent Strategic Moves by Companies,
  • Competitive Landscape Assessment,
  • Emerging Opportunities,
  • Market Trends and Indicators

Key Questions Answered in the Research Report

  1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
  2. What are the trends influencing the current scenario of the market?
  3. What key factors would propel and impede the industry across the globe?
  4. How has the industry been evolving in terms of geography and product adoption?
  5. How has the competition been shaping up across various regions?
  6. How have buying behaviour, customer inclination, and expectations from product manufacturers been evolving during 2024-30?
  7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

More Trending Reports

Why choose MarkNtel?

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging Video Analytics geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.

For Media Inquiries, Please Contact:

Call: +1 628 895 8081 | +91 120 4278433

Email: sales@marknteladvisors.com

Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India

Commandité
Rechercher
Catégories
Lire la suite
Autre
Market Trends and Forecast Analysis of the Hospital Electronic Medical Records (EMR) System Market Forecast 2023-28
As per the recent report by MarkNtel Advisors, Hospital Electronic Medical Records (EMR)...
Par sonukumar276 il y a un an 0 2KB
Music
Global E-bikes Market In-Depth Analysis 2032
The Winning Report [Growth Rate, Demands, Status, and Forecast 2032], published by Econ Market...
Par amelia33 il y a 6 mois 0 2KB
Wellness
How to Be Single—on Purpose. Being happy while being single is definitely possible. Reviewed by Michelle Quirk
KEY POINTS- While single, take the time to reflect on who you are and who you want to...
Par Ikeji il y a un an 0 2KB
Autre
investigating token distribution across various blockchains using all blockchain explorer
In the dynamic world of cryptocurrencies, understanding token distribution is paramount for...
Par wwwyyy il y a 2 mois 0 423
News
A Fully Funded NATO Would Terrify Russia & Discourage Its Adventurism. But 20 European Nations ‘Must Pay’
The dream of peace and security for all of Europe is within reach by correcting an ongoing and...
Par Ikeji il y a 5 mois 0 667