Industrial Services - Global Strategic Business Report

Global Industrial Services Market to Reach $65.1 Billion by 2030

The global market for Industrial Services estimated at US$35.2 Billion in the year 2022, is projected to reach a revised size of US$65.1 Billion by 2030, growing at a CAGR of 8% over the analysis period 2022-2030. Operational Improvement & Maintenance, one of the segments analyzed in the report, is projected to record 9.4% CAGR and reach US$32.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Installation & Commissioning segment is readjusted to a revised 6.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $9.6 Billion, While China is Forecast to Grow at 13.1% CAGR

The Industrial Services market in the U.S. is estimated at US$9.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$15.8 Billion by the year 2030 trailing a CAGR of 13.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 6.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.6% CAGR.

Select Competitors (Total 147 Featured) -

• ABB
• ATS Automation
• Dynamysk Automation Ltd
• Emerson Electric
• General Electric
• Honeywell International Inc.
• Intech Process Automation
• Key Innovators
• Metso Corporation
• Prime Controls LP
• Rockwell Automation
• Samson AG
• Schneider Electric
• Siemens AG
• SKF AB
• Wood Group Mustang
• Wunderlich-Malec Engineering

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year