How big is the Industrial Static Equipment Market?

The Industrial Static Equipment Market size is expected to reach USD 171.96 billion in 2024 and grow at a CAGR of 4.44% to reach USD 213.67 billion by 2029. Read More

What is the current Industrial Static Equipment Market size?

In 2024, the Industrial Static Equipment Market size is expected to reach USD 171.96 billion. Read More

Who are the key players in Industrial Static Equipment Market?

Schlumberger Limited, Ako Armaturen & Separationstecchink Gmbh, AVK Group, EG Valves Manufacturing Co., Ltd. and Leser GmbH & Co. KG are the major companies operating in the Industrial Static Equipment Market. Read More

Which is the fastest growing region in Industrial Static Equipment Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Industrial Static Equipment Market?

In 2024, the Asia-Pacific accounts for the largest market share in Industrial Static Equipment Market. Read More

What years does this Industrial Static Equipment Market cover, and what was the market size in 2023?

In 2023, the Industrial Static Equipment Market size was estimated at USD 164.65 billion. The report covers the Industrial Static Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Industrial Static Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Industrial Static Equipment Market - Size, Share & Companies

Industrial Static Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Industrial Static Equipment Market Overview and it is segmented by Type (Valves (Gate, Globe, & Check, Ball, Butterfly, Plug, Pressure Relief), Furnaces/Boilers, Heat Exchangers, Pressure Vessels) by End-User Industry (Oil & Gas, Power Generation, Chemicals & Petrochemicals, Water & Wastewater) and by Geography.

Industrial Static Equipment Industry Overview

Industrial Static Equipment Market is expected to be moderately high and remains the same over the forecast period. Major companies like Schlumberger Limited, AKO Armaturen& Separationstecchink GMBH, AVK Group, EG Valves LeserGMBH & CO. KG are also making partnerships and launching new products to retain their market position.

July 2022 - Alfa Laval collaborated with SSAB, the global Swedish steel company, on developing and commercializing the world's first heat exchanger made of fossil-free steel. The goal is to have the first hydrogen-reduced steel unit ready by 2023. The collaboration is also a significant step toward Alfa Laval's goal of becoming carbon neutral by 2030.
March 2022 - AVK Group launched a new line of premium 100 gate valves. Premium 100 gate valves offer corrosion and wear resistance. They are ideal for installation in locations where excavation is not feasible and where long life and maximum safety are required. This could include busy roads, public and tourist attractions, coastal areas, or areas contaminated with oil or gasoline.