Rotating equipment industry event - ME RoTIC – in Dubai draws 500 industry professionals
Dubai exhibition was held against backdrop of sustained growth in demand for industrial ma
Dubai: More than 500 industry professionals turned up at the fifth Middle East Rotating Machinery Technology & Innovation Conference (ME RoTIC), held last week in Dubai. More than 90 companies had taken part in the exhibition.
“Rotating equipment plays an important part in most operations - critical to process plants, they are often managed separately from fixed equipment as they have different design and maintenance requirements,” said Benedict Samuel, Executive Director, Aldrich International.
“Rotating machinery - such as compressors, pumps, engines, compressors, generators, steam turbines, gas turbines, turbo-expanders and more - play a vital role in increasing productivity in the industrial world.”
The global static and rotating equipment market is projected to grow from $29.84 billion in 2021 to $38.90 billion in 2028 at a CAGR of 3.9 per cent in the 2021-28 period. The rise is attributable to the market’s demand and growth, development in the exploration and exploration of crude oil and other hydrocarbons.
