Global Industrial Services Market – Industry Trends and Forecast to 2028

  • Semiconductors and Electronics
  • Upcoming Report
  • Jun 2021
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Industrial Services Market, By  Type (Engineering and Consulting, Installation and Commissioning, Operational Improvement and Maintenance), Application (Distributed Control System, Programmable Logic Controller, Supervisory Control and Data Acquisition, Electric Motors and Drives, Valves and Actuators,  Human Machine Interface, Manufacturing Execution System, Safety Systems, Industrial PC, Industrial 3D Printing, Industrial Robotics), End User (Oil and Gas, Healthcare and Pharmaceuticals Chemicals, Automotive, Water and Wastewater, Chemicals, Food and Beverages, Energy and Power, Semiconductor and Electronics, Paper and Pulp, Metals and Mining, Aerospace, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Industrial Services Market Market Analysis and Insights : Global Industrial Services Market        

Industrial services market size is valued at USD 51.59 billion by 2028 is expected to grow at a compound annual growth rate of 5.37% in the forecast period of 2021 to 2028. Data Bridge Market Research report on industrial services provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

Industrial Services are the type of services provided by the companies for the industries as needed. This contains engineering and consulting services, installation and commissioning and the operational improvement and maintenance. These types of services are traded among organizations for further facilitation of final goods or services.

The rapid rise in the need for operational excellence is expected to influence the growth of industrial services market over the forecast period of 2021 to 2028. Also the rise in demand for maintenance-as-a-service and rise in equipment complexity are also anticipated to flourish the growth of the industrial services market. Furthermore, the rise in the deployment of strategies such as service contracts and agreements, product developments and expansions along with increase in the need for operational quality are also likely to positively impact the growth of the market. Moreover, the operational excellence and the high adoption of cloud connectivity are also expected create a huge demand for industrial services as well as lifting the growth of the industrial services market.

However, the varying compliances and dearth of skilled personnel are expected to act as the major limitations for the growth of industrial services in the above mentioned forecasted period, whereas the high demand for integration of services and supply chain disruptions amid COVID-19 pandemic can challenge the industrial services market growth in the forecast period of 2021 to 2028.

Likewise, the collaboration of industrial services providers with OEMs, predictive maintenance services and rapid development of the Internet of Things (IoT) are expected to create various new opportunities that will lead to the growth of the industrial services market in the above mentioned forecasted period.

This industrial services market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on industrial services market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Industrial Services Market Scope and Market Size

Industrial services market is segmented on the basis of type, application and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • On the basis of type, the industrial services market is segmented into engineering and consulting, installation and commissioning and operational improvement and maintenance. Engineering and consulting has further been segmented into system configuration, compliances and infrastructure audit. Installation and commissioning has further been segmented into training and testing and certification. Operational improvement and maintenance has further been segmented into AD-HOC and emergency maintenance, scheduled maintenance, mechanical and predictive maintenance.
  • The application segment of the industrial services market is segmented into distributed control system, programmable logic controller, supervisory control and data acquisition, electric motors and drives, valves and actuators, human machine interface, manufacturing execution system, safety systems, industrial PC, industrial 3D printing and industrial robotics. Safety systems have further been segmented into burner management system (BMS), emergency shutdown system (ESD), fire and gas monitoring and control, high-integrity pressure protection system (HIPPS) and turbomachinery control (TMC).
  • Based on end user, the industrial services market is segmented into oil and gas, healthcare and pharmaceuticals chemicals, automotive, water and wastewater, chemicals, food and beverages, energy and power, semiconductor and electronics, paper and pulp, metals and mining, aerospace and others.

Industrial Services Market Country Level Analysis

Industrial services market is analyzed and market size, volume information is provided by country, type, application and end user as referenced above.

The countries covered in the industrial services market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).

Asia-Pacific leads the industrial services market due to the rise in the industrial automation and related services in emerging countries such as India, China and Japan along with the rise in the trend of cloud connectivity. North America is expected to expand at a significant growth rate of over the forecast period of 2021 to 2028 owing to the rapid development and rise in the mechanical technology.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Industrial Services Market Share Analysis

Industrial services market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to industrial services market.

The major players covered in the industrial services market report are General Electric, Siemens, Metso Corporation, John Wood Group PLC, Honeywell International Inc, ABB, Emerson Electric Co., Rockwell Automation, Inc., SAMSON AG, Schneider Electric, ATS Automation Tooling Systems Inc., INTECH, SKF, Dynamysk Automation Ltd., Wunderlich-Malec Engineering, Inc., Yaskawa America, Inc., Fuji Electric Co., Ltd., Genpact, ICONICS, Inc., and Mitsubishi Electric Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Customization Available : Global Industrial Services Market

Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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