| Product Code: ETC10346621 | Publication Date: Apr 2025 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Armenia import trend for rotating equipment in 2024 experienced a significant decline, with a growth rate of -57.07% compared to the previous year. The compound annual growth rate (CAGR) for the period 2020-2024 stood at -2.34%. This sharp decrease in imports can be attributed to shifts in demand dynamics or changes in trade policies impacting the market`s stability.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Rotating Equipment Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Rotating Equipment Market Revenues & Volume, 2022 & 2032F |
3.3 Armenia Rotating Equipment Market - Industry Life Cycle |
3.4 Armenia Rotating Equipment Market - Porter's Five Forces |
3.5 Armenia Rotating Equipment Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Armenia Rotating Equipment Market Revenues & Volume Share, By Drive Type, 2022 & 2032F |
3.7 Armenia Rotating Equipment Market Revenues & Volume Share, By End User, 2022 & 2032F |
3.8 Armenia Rotating Equipment Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Armenia Rotating Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing industrial sector in Armenia leading to increased demand for rotating equipment |
4.2.2 Government initiatives towards infrastructure development driving the need for rotating equipment |
4.2.3 Technological advancements in rotating equipment improving efficiency and performance |
4.3 Market Restraints |
4.3.1 High initial investment required for purchasing rotating equipment |
4.3.2 Fluctuating raw material prices impacting manufacturing costs |
4.3.3 Lack of skilled workforce for the operation and maintenance of rotating equipment |
5 Armenia Rotating Equipment Market Trends |
6 Armenia Rotating Equipment Market, By Types |
6.1 Armenia Rotating Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Rotating Equipment Market Revenues & Volume, By Type, 2022 - 2032F |
6.1.3 Armenia Rotating Equipment Market Revenues & Volume, By Compressors, 2022 - 2032F |
6.1.4 Armenia Rotating Equipment Market Revenues & Volume, By Turbines, 2022 - 2032F |
6.1.5 Armenia Rotating Equipment Market Revenues & Volume, By Pumps, 2022 - 2032F |
6.1.6 Armenia Rotating Equipment Market Revenues & Volume, By Others, 2022 - 2032F |
6.2 Armenia Rotating Equipment Market, By Drive Type |
6.2.1 Overview and Analysis |
6.2.2 Armenia Rotating Equipment Market Revenues & Volume, By Electric, 2022 - 2032F |
6.2.3 Armenia Rotating Equipment Market Revenues & Volume, By Mechanical, 2022 - 2032F |
6.2.4 Armenia Rotating Equipment Market Revenues & Volume, By Hybrid, 2022 - 2032F |
6.2.5 Armenia Rotating Equipment Market Revenues & Volume, By Others, 2022 - 2032F |
6.3 Armenia Rotating Equipment Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Armenia Rotating Equipment Market Revenues & Volume, By Oil & Gas, 2022 - 2032F |
6.3.3 Armenia Rotating Equipment Market Revenues & Volume, By Manufacturing, 2022 - 2032F |
6.3.4 Armenia Rotating Equipment Market Revenues & Volume, By Chemicals, 2022 - 2032F |
6.3.5 Armenia Rotating Equipment Market Revenues & Volume, By Others, 2022 - 2032F |
6.4 Armenia Rotating Equipment Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Armenia Rotating Equipment Market Revenues & Volume, By Fluid Handling, 2022 - 2032F |
6.4.3 Armenia Rotating Equipment Market Revenues & Volume, By Power Generation, 2022 - 2032F |
6.4.4 Armenia Rotating Equipment Market Revenues & Volume, By Processing, 2022 - 2032F |
6.4.5 Armenia Rotating Equipment Market Revenues & Volume, By Others, 2022 - 2032F |
7 Armenia Rotating Equipment Market Import-Export Trade Statistics |
7.1 Armenia Rotating Equipment Market Export to Major Countries |
7.2 Armenia Rotating Equipment Market Imports from Major Countries |
8 Armenia Rotating Equipment Market Key Performance Indicators |
8.1 Energy efficiency improvements in rotating equipment |
8.2 Adoption rate of advanced technologies in rotating equipment |
8.3 Maintenance and downtime reduction in rotating equipment operations |
9 Armenia Rotating Equipment Market - Opportunity Assessment |
9.1 Armenia Rotating Equipment Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Armenia Rotating Equipment Market Opportunity Assessment, By Drive Type, 2022 & 2032F |
9.3 Armenia Rotating Equipment Market Opportunity Assessment, By End User, 2022 & 2032F |
9.4 Armenia Rotating Equipment Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Armenia Rotating Equipment Market - Competitive Landscape |
10.1 Armenia Rotating Equipment Market Revenue Share, By Companies, 2025 |
10.2 Armenia Rotating Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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