Industrial Services Market 2027 By Size, Share, Growth, Trends and Forecast

Report Description

Global industrial services market is growing at a brisk CAGR in value terms owing to growing need for operational quality, increasing equipment complication, product developments and increasing demand for maintenance as a service. APAC region is predicted to hold the largest market share over the next five years due to the growing industrial automation and related services in countries like India, China, and Japan. Moreover, the growing trend of cloud connectivity in Asia-Pacific countries would contribute to need for industrial internet of things (IIoT) and predictive maintenance services which will further drive the industrial services market in the region.

Global industrial services market is segmented by type, by application, by industry and by region. By industry, it is further segmented into chemicals, aerospace & defence, automotive, pharmaceuticals, metals & mining, and others. Based on industry, in 2021, oil & gas industry held the largest market share and is expected to maintain its dominance during the next five years as well due to growing demand for minimizing the unanticipated downtime and to increase the usage of industrial services.

Some of the leading players in the global industrial services market include General Electric, Metso Corporation, Siemens AG, Wood Group Mustang, Honeywell International Inc., ABB, Emerson Electric, Rockwell Automation, Samson AG, Schneider Electric, among others.

Objective of the Study:

To analyse and forecast the market size of Industrial Services, in terms of value.
To classify and forecast global Industrial Services based on type, application, industry, and regional distribution.
To identify drivers and challenges for global Industrial Services.
To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global Industrial Services.
To conduct the pricing analysis for Industrial Services.
To identify and analyse the profile of leading players involved in the manufacturing of global Industrial Services.

Click here to download the sample

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of collaboration manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturers across the globe.

TechSci Research calculated the market size of Global Industrial Services using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

Component manufacturers
Original equipment manufacturers (OEMs)
Original design manufacturers (ODMs)
Raw material and manufacturing equipment suppliers
Research organizations and consulting companies.
Research Institutes
Industry associations
Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute	Details
Base Year	2021
Historical Years	2017 – 2020
Estimated Year	2022
Forecast Period	2023 – 2027
Quantitative Units	Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027
Report Coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments Covered	· Type · Application · Industry
Regional Scope	North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa
Country Scope	United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt
Key Companies Profiled	General Electric, Metso Corporation, Siemens AG, Wood Group Mustang, Honeywell International Inc., ABB, Emerson Electric, Rockwell Automation, Samson AG, Schneider Electric.
Customization Scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Global Industrial Services market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Global Industrial Services Market, By Type:

Engineering & Consulting
Operational Improvement & Maintenance
Installation & Commissioning

Global Industrial Services Market, By Application:

Distributed Control System (DCS)
Supervisory Control and Data Acquisition (SCADA)
Valves & Actuators
Electric Motors & Drives
Manufacturing Execution System (MES)
Others

Global Industrial Services Market, By Industry:

Chemicals
Aerospace & Défense
Automotive
Pharmaceuticals
Metals & Mining
Others

Global Industrial Services Market, by Region:

Asia Pacific

§ China

§ India

§ Japan

§ South Korea

Australia
Singapore
Malaysia

Europe & CIS

§ France

§ Germany

§ United Kingdom

§ Italy

§ Spain

North America

§ United States

§ Mexico

§ Canada

South America

§ Brazil

§ Argentina

§ Colombia

Middle East and Africa

§ South Africa

§ Saudi Arabia

§ UAE

§ Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Industrial Services.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Industrial Services Market

4. Executive Summary

5. Voice of Customers

6. Global Industrial Services Market Landscape

7. Global Industrial Services Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Type (Engineering & Consulting, Operational Improvement & Maintenance and Installation & Commissioning)

7.2.2. By Application (Distributed Control System (DCS), Supervisory Control and Data Acquisition (SCADA), Valves & Actuators, Electric Motors & Drives, Manufacturing Execution System (MES) and Others)

7.2.3. By Industry (Chemicals, Aerospace & Défense, Automotive, Pharmaceuticals, Metals & Mining and Others)

7.2.4. By Company

7.2.5. By Region

7.3. Product Market Map

8. Asia-Pacific Industrial Services Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Type

8.2.2. By Application

8.2.3. By Country

8.3. Product Market Map

8.4. Asia-Pacific: Country Analysis

8.4.1. China Industrial Services Market Outlook

8.4.1.1. Market Size & Forecast

8.4.1.1.1. By Value

8.4.1.2. Market Share & Forecast

8.4.1.2.1. By Type

8.4.2. India Industrial Services Market Outlook

8.4.2.1. Market Size & Forecast

8.4.2.1.1. By Value

8.4.2.2. Market Share & Forecast

8.4.2.2.1. By Type

8.4.3. Japan Industrial Services Market Outlook

8.4.3.1. Market Size & Forecast

8.4.3.1.1. By Value

8.4.3.2. Market Share & Forecast

8.4.3.2.1. By Type

8.4.4. South Korea Industrial Services Market Outlook

8.4.4.1. Market Size & Forecast

8.4.4.1.1. By Value

8.4.4.2. Market Share & Forecast

8.4.4.2.1. By Type

8.4.5. Australia Industrial Services Market Outlook

8.4.5.1. Market Size & Forecast

8.4.5.1.1. By Value

8.4.5.2. Market Share & Forecast

8.4.5.2.1. By Type

8.4.6. Singapore Industrial Services Market Outlook

8.4.6.1. Market Size & Forecast

8.4.6.1.1. By Value

8.4.6.2. Market Share & Forecast

8.4.6.2.1. By Type

8.4.7. Malaysia Industrial Services Market Outlook

8.4.7.1. Market Size & Forecast

8.4.7.1.1. By Value

8.4.7.2. Market Share & Forecast

8.4.7.2.1. By Type

9. Europe & CIS Industrial Services Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Type

9.2.2. By Application

9.2.3. By Country

9.3. Product Market Map

9.4. Europe: Country Analysis

9.4.1. France Industrial Services Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Value

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Type

9.4.2. Germany Industrial Services Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Value

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Type

9.4.3. United Kingdom Industrial Services Market Outlook

9.4.3.1. Market Size & Forecast

9.4.3.1.1. By Value

9.4.3.2. Market Share & Forecast

9.4.3.2.1. By Type

9.4.4. Italy Industrial Services Market Outlook

9.4.4.1. Market Size & Forecast

9.4.4.1.1. By Value

9.4.4.2. Market Share & Forecast

9.4.4.2.1. By Type

9.4.5. Spain Industrial Services Market Outlook

9.4.5.1. Market Size & Forecast

9.4.5.1.1. By Value

9.4.5.2. Market Share & Forecast

9.4.5.2.1. By Type

10. North America Industrial Services Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Type

10.2.2. By Application

10.2.3. By Country

10.3. Product Market Map

10.4. North America: Country Analysis

10.4.1. United States Industrial Services Market Outlook

10.4.1.1. Market Size & Forecast

10.4.1.1.1. By Value

10.4.1.2. Market Share & Forecast

10.4.1.2.1. By Type

10.4.2. Mexico Industrial Services Market Outlook

10.4.2.1. Market Size & Forecast

10.4.2.1.1. By Value

10.4.2.2. Market Share & Forecast

10.4.2.2.1. By Type

10.4.3. Canada Industrial Services Market Outlook

10.4.3.1. Market Size & Forecast

10.4.3.1.1. By Value

10.4.3.2. Market Share & Forecast

10.4.3.2.1. By Type

11. South America Industrial Services Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Type

11.2.2. By Application

11.2.3. By Country

11.3. Product Market Map

11.4. South America: Country Analysis

11.4.1. Brazil Industrial Services Market Outlook

11.4.1.1. Market Size & Forecast

11.4.1.1.1. By Value

11.4.1.2. Market Share & Forecast

11.4.1.2.1. By Type

11.4.2. Argentina Industrial Services Market Outlook

11.4.2.1. Market Size & Forecast

11.4.2.1.1. By Value

11.4.2.2. Market Share & Forecast

11.4.2.2.1. By Type

11.4.3. Colombia Industrial Services Market Outlook

11.4.3.1. Market Size & Forecast

11.4.3.1.1. By Value

11.4.3.2. Market Share & Forecast

11.4.3.2.1. By Type

12. Middle East and Africa Industrial Services Market Outlook

12.1. Market Size & Forecast

12.1.1. By Value

12.2. Market Share & Forecast

12.2.1. By Type

12.2.2. By Application

12.2.3. By Country

12.3. Product Market Map

12.4. MEA: Country Analysis

12.4.1. South Africa Industrial Services Market Outlook

12.4.1.1. Market Size & Forecast

12.4.1.1.1. By Value

12.4.1.2. Market Share & Forecast

12.4.1.2.1. By Type

12.4.2. Saudi Arabia Industrial Services Market Outlook

12.4.2.1. Market Size & Forecast

12.4.2.1.1. By Value

12.4.2.2. Market Share & Forecast

12.4.2.2.1. By Type

12.4.3. UAE Industrial Services Market Outlook

12.4.3.1. Market Size & Forecast

12.4.3.1.1. By Value

12.4.3.2. Market Share & Forecast

12.4.3.2.1. By Type

12.4.4. Qatar Industrial Services Market Outlook

12.4.4.1. Market Size & Forecast

12.4.4.1.1. By Value

12.4.4.2. Market Share & Forecast

12.4.4.2.1. By Type

13. Market Dynamics

13.1. Drivers

13.2. Challenges

14. Market Trends & Developments

15. Supply Chain Analysis

16. Policy & Regulatory

17. Competitive Landscape

17.1. General Electric

17.2. Metso Corporation

17.3. Siemens AG

17.4. Wood Group Mustang

17.5. Honeywell International Inc.

17.6. ABB

17.7. Emerson Electric

17.8. Rockwell Automation

17.9. Schneider Electric

18. Strategic Recommendations

Figures and Tables

Frequently asked questions

What are the leading operating market players in the global industrial services market?

General Electric, Metso Corporation, Siemens AG, Wood Group Mustang, Honeywell International Inc., ABB, Emerson Electric, Rockwell Automation, Samson AG, Schneider Electric are the major market players operating in the global industrial services market.

What industry is expected to dominate the global industrial services market in the forecast period?

Based on industry, the market is divided into Chemicals, Aerospace & Défense, Automotive, Pharmaceuticals, Metals & Mining, and Others. The automotive segment is expected to hold the largest market share due to the growing adoption of automation technology to lower production time and boost productivity.

Which region is expected to lead the global industrial services market?

Asia-pacific is expected to dominate the market throughout the forecast period as several developing countries like China and India are encouraging foreign direct investment in industries and actively adopting automation technology to increase efficiency and output.

What are the major drivers of the global industrial services market?

The growing need for operational quality, increasing equipment complications, product developments, and increasing demand for maintenance as a service in industries are driving the demand for the global industrial services market.

Buy Now