Global Industrial Services Market


Posted March 19, 2018 by Steveblade

According to Goldstein Research, global industrial services market is expected to reach USD 42.6 billion by 2024, growing at a CAGR of 5.8% over the forecast period 2016-2024

 
According to Goldstein Research, global industrial services market is expected to reach USD 42.6 billion by 2024, growing at a CAGR of 5.8% over the forecast period 2016-2024. With the advent of globalization, large IT firms are multiplying their business in various regions of the world, thus, driving the growth of the market. Global industrial services market segmentation has been done on the basis of type, industry, application, end-user and geography. Oil and gas industry has the largest application of industrial services owing to huge complex processes and requirement of operational efficiency to level up the falling oil prices. Global industrial services market is largely dominated by Asia-Pacific region acquiring 43.2% market share in 2016 on the back of increasing automation services and adoption of cloud connectivity. Asia-Pacific is followed by North America market share of 29.1% in 2016 on account of the huge investments to provide quality industrial services.
Market Segmentation
On the basis of our in-depth analysis, Global Industrial ServicesMarket can be segmented as follows:
• By Type
o Engineering & Consulting
o Operational Improvement & Maintenance
o Installation & Commissioning

• By Industry
o Chemicals
o Aerospace & Defense
o Automotive
o Pharmaceuticals
o Metals & Mining

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


• By End User
o IT and Telecom
o Transportation
o Metals & Mining
o Food & Beverages
o Oil & Gas

• By Region
o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}


“Global Industrial Services Market Industry Analysis” contains detailed overview of the global industrial services market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by type, industry, application and end-user.
Further, for the in-depth analysis, Global Industrial Services Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such asABB, Emerson Electric, General Electric, Honeywell International Inc., Metso Corporation, Rockwell Automation, Samson AG, Schneider Electric, Siemens AG and SKF AB, Wood Group Mustang, Key Innovators, ATS Automation, Dynamysk Automation Ltd, Intech Process Automation, IBM, Prime Controls LP and Wunderlich-Malec Engineering,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global industrial services market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on hardware and ICT reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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Categories Services
Tags Industrial Services Market Analysis , Industrial Services Market Size , Industrial Services Market Share , Industrial Services Industry analysis
Last Updated March 19, 2018