Rotating equipment repair vendors are looking at a future that can be described as both exciting and challenging. As predictive maintenance (PdM) makes deeper inroads, vendors have been forced to rethink their legacy repair offerings.
Rotating equipment repair vendors are looking at a future that can be described as both exciting and challenging (FIG. 1). As predictive maintenance (PdM) makes deeper inroads, vendors have been forced to rethink their legacy repair offerings. The integration of technology, along with a growing preference for full-service providers among end users, are among the key factors influencing the global rotating equipment repair market, valued at more than $16 B in 2018.
FIG. 1. Rotating equipment repair market growth projection by service, 2018–2028.
Operators’ expectations from their repair and maintenance providers continue to evolve. As the oil an
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