Static and Rotating Equipment Market Report 2026

The static and rotating equipment market size has grown strongly in recent years. It will grow from $28.57 billion in 2025 to $30.25 billion in 2026 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to expansion of oil and gas production, growth in refinery capacity, increase in pipeline infrastructure, demand for process efficiency, replacement of aging equipment.

The static and rotating equipment market size is expected to see strong growth in the next few years. It will grow to $37.99 billion in 2030 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to digital transformation of oil and gas operations, demand for energy efficient machinery, expansion of LNG infrastructure, growth in downstream petrochemical projects, increasing focus on asset integrity management. Major trends in the forecast period include integration of predictive maintenance systems, rising demand for high efficiency rotating equipment, adoption of condition monitoring solutions, increased focus on equipment reliability and uptime, growth in modular and skid mounted equipment.

The growing popularity and adoption of renewable energy sources to minimize carbon footprints are expected to drive the growth of the static and rotating equipment market in the future. Renewable energy refers to energy generated from naturally replenished sources, such as solar and wind. Static and rotating equipment plays a crucial role in renewable energy by optimizing the use of wind and solar energy while minimizing fossil fuel consumption, including natural gas. For example, in October 2024, the International Energy Agency, an autonomous intergovernmental organization based in France, reported that renewable capacity will increase from 666 GW in 2024 to 935 GW by 2030, primarily driven by solar PV and wind energy. Hydropower is projected to add 20-30 GW annually, while bioenergy will contribute 12 GW per year. Consequently, the rising popularity and adoption of renewable energy sources to reduce carbon footprints are propelling the growth of the static and rotating equipment markets.

Key players in the static and rotating equipment market are launching innovative products, such as smart rotating equipment monitoring systems, to meet various critical demands. Smart Rotating Equipment Monitoring refers to a system that continuously assesses the performance of rotating machinery, like pumps and motors, by tracking key parameters. For instance, in June 2024, Henkel, a Germany-based chemicals company, launched Henkel's Loctite Pulse Smart Rotating Equipment Monitoring. This system offers a plug-and-play sensor solution that monitors six essential data parameters to enhance equipment reliability. Additionally, the Smart Pipes and Tanks Leak Detection utilizes carbon nanotube sensors for early hydrocarbon leak detection, thereby improving safety and sustainability.

In July 2025, Baker Hughes, a US-based oilfield services company, completed the acquisition of Chart Industries, Inc. for $13.6 billion. Through this acquisition, Baker Hughes seeks to broaden its energy transition technology portfolio, enhance its industrial gas and cryogenic solutions offerings, reinforce its position in oilfield and energy services, and generate synergies to support long-term growth. Chart Industries, Inc. is a US-based company specializing in the design and manufacture of cryogenic equipment for industrial gas, energy, and specialty applications.

Major companies operating in the static and rotating equipment market are Alfa Laval AB, Atlas Copco AB, Pentair PLC, General Electric Company, Metso Oyj, Siemens AG, Sulzer Limited, TechnipFMC Inc., OAO TMK Group, Technip SA, Flowserve Corporation, Doosan Group, Wärtsilä Corporation, Mitsubishi Heavy Industries Ltd., Tenaris S.A., Ingersoll Rand Inc., Gardner Denver Inc., Dresser-Rand Group Inc., Weir Group PLC, KSB SE & Co. KGaA, SPX FLOW Inc., John Crane PLC, ITT Inc., Ebara Corporation, Kobe Steel Ltd., Voith GmbH & Co. KGaA, Baker Hughes Company, National Oilwell Varco Inc., Aker Solutions ASA, Cameron International Corporation, Schlumberger Limited, Emerson Electric Co., Honeywell International Inc., Parker Hannifin Corporation, Danfoss A/S, Swagelok Company, Spirax-Sarco Engineering PLC, Armstrong International Inc.

North America was the largest region in the static and rotating equipment market in 2025. The regions covered in the static and rotating equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the static and rotating equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The static and rotating equipment market consists of sales of pressure vessels, heat exchangers, tanks and filters, and separators. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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