Progress in rotating machinery discussed

The 5th Annual Middle East Rotating Machinery Technology & Innovation Conference and Showcase (ME RoTIC 2022) discussed latest technological advancements in Rotating Machinery across various industries.

The event that held recently witnessed the participation of key players in the industry and featured technologies from the GCC and the world over, that will aid Oil & Gas producers, Power Generators, Aviation Industry, and more to enhance their productivity and be better efficient in today’s challenging environment, all while effectively addressing machinery maintenance and reliability concerns.

The event across all three days will saw the presence of 500+ individuals from 95+ plus companies, across 20+ countries including United Arab Emirates, Saudi Arabia, Kuwait, Oman, United States of America, Europe, Africa.

“It is a pleasure to host the 5th edition of the ME RoTIC conference. 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.

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.

We are glad that this conference will serve as a robust forum for experts to share best practices and strengthen connections,” said Benedict Samuel, Executive Director, Aldrich International — the organisers of the event.

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 2021-2028 period.

The rise in CAGR is attributable to the market’s demand and growth, development in the exploration and exploration of crude oil and other hydrocarbons.