Rotating Equipment Trends 2026: Digitalisation and the Energy Transition

The global rotating equipment industry is entering a new growth phase shaped by digital technologies and sustainability initiatives. While oil and gas remain critical, fresh opportunities in renewable energy, specifically hydrogen, and advanced manufacturing are reshaping the market.

In this article, we explore the latest market trends and technological innovations shaping the industry and how businesses can adapt their talent strategies for long-term success.

Contact CSG Talent for support securing the senior-level talent needed to stay ahead in the rotating equipment industry.

Global Rotating Equipment Market Forecast and Regional Outlook

The rotating equipment market is expected to grow from $50.41 billion in 2025 to $70.84 billion by 2034 at a CAGR of 3.85%. Demand is being driven by both traditional industries, such as oil and gas, and emerging opportunities linked to renewable energy and advanced manufacturing.

North American Dominance

North America is expected to remain the largest market, projected to hold around 36% of global revenue by 2037. This dominance is mainly due to the region’s advanced industrial infrastructure and early adoption of digital solutions that improve equipment performance and efficiency. Leading companies in the U.S market include Honeywell, General Electric, and Flowserve Corporation.

Growth in the Asia Pacific Region

Asia Pacific is set to be the fastest-growing region, accounting for approximately 27% of revenue share by 2037, driven by rapid industrialisation and significant investment in oil and gas projects in China, India, and other developing markets.

Oil and Gas Continues to Dominate

The oil and gas sector remains crucial within the rotating equipment industry, with it predicted to make up almost half of the overall market by 2037. Pumps will remain the most widely used type of rotating equipment, representing around 40% of the market due to their critical role across energy, water, food production, and pharmaceuticals.

Digitalisation Trends in the Rotating Equipment Industry

Predictive and Prescriptive Maintenance in Rotating Equipment

Predictive maintenance already helps companies anticipate failures, but the industry is moving further towards prescriptive and autonomous maintenance. Instead of just predicting issues, they identify the root causes and take actions to correct them without human intervention.

By adopting these solutions, businesses can reduce maintenance costs by up to 40% and cut downtime by 50%, shifting the focus from simply avoiding disruption to maximising operational efficiency.

The Role of Digital Twins in Rotating Equipment Optimisation

Digital twins allow businesses to test potential scenarios, optimise energy use, and train staff in virtual environments. They also support lifecycle optimisation, delivering both resilience and efficiency benefits that are becoming increasingly accessible across a wider range of equipment.

IT and OT Convergence for Smart Rotating Equipment Systems

Historically, Information Technology (IT) and Operational Technology (OT) worked in separate silos, but their integration now offers a more holistic, data-driven view of operations. In many industries, rotating equipment is key to this integration and ultimately crucial for smart factory development.

Sustainability and Energy Transition in Rotating Equipment

Energy Efficiency as a Competitive Edge

Energy efficiency has shifted from being a regulatory requirement to a core value proposition and a top focus for both businesses and professionals in this space. Manufacturers that can guarantee long-term energy and cost savings gain a significant advantage, as they are able to offer solutions that align with both ESG priorities and financial performance.

Rotating Equipment Applications in Hydrogen and Renewable Energy

The global shift to cleaner energy represents a massive opportunity within the rotating equipment industry. Advanced compressors and pumps are essential to hydrogen projects, while offshore wind requires efficient turbines and drivetrains. Companies that traditionally focused on oil and gas need to pivot investment and R&D to avoid falling behind.

Manufacturing Innovation and Supply Chain Resilience in Rotating Equipment

Regionalised Supply Chains for Rotating Equipment Stability

Supply chain issues are pushing the rotating equipment industry towards regionalised networks that reduce risk and shorten component lead times. It moves manufacturers away from an over-reliance on a single source, favouring long-term stability over short-term cost savings and strengthening the ability of businesses to manage supply chain disruptions.

Additive Manufacturing and 3D Printing in Rotating Equipment

Additive manufacturing and 3D printing are transforming spare parts management for rotating equipment. By enabling the on-demand production of new components, this technology dramatically reduces inventory costs and delivery timelines.

It gives customers access to a virtual spare parts library, allowing them to get critical parts faster and keep their operations running smoothly. For the rotating equipment market, this improves customer service and creates new opportunities for agile, service-based business models.

Talent Development in the Rotating Equipment Industry

Technology is only as effective as the people operating it, so smart equipment requires a new generation of talent skilled in engineering, IT, and data science. Companies that invest in developing these multi-skilled professionals will be best positioned to extract the most value from their digital transformation initiatives.

By actively closing skill gaps and reskilling existing teams, businesses maximise their return on technology investments and build a more adaptable and future-proofed organisation. This forward-thinking approach ensures long-term success by creating a workforce that can confidently navigate market changes and technological shifts.

Rotating Equipment Recruitment Experts at CSG Talent

At CSG Talent, we support organisations across the global rotating equipment industry through specialist executive search recruitment. From sourcing leaders driving digital transformation to connecting businesses with sustainability experts and technical innovators, we help companies secure the talent they need to stay ahead in the evolving rotating equipment market.

Contact our rotating equipment recruitment expert to access top industry talent and ensure your organisation is equipped for future growth.