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Industrial Services Market by Type (Engineering and Consulting, Installation and Commissioning and Operational Improvement and Maintenance), Application (PLC, SCADA, HMI, DCS, MES, Electric Motors & Drives, Valves & Actuators, and Safety Systems), Industr

Industrial Services Market by Type (Engineering and Consulting, Installation and Commissioning and Operational Improvement and Maintenance), Application (PLC, SCADA, HMI, DCS, MES, Electric Motors & Drives, Valves & Actuators, and Safety Systems), Industry, and Region - Global Forecast to 2023

“Industrial services market expected to grow at a significant rate between 2017 and 2023”
The industrial services market is expected to grow at a CAGR of 5.4% between 2017 and 2023 and would be worth USD 35.41 billion by 2023. The key factors driving the growth of the industrial services market are the development strategies, such as service contracts and service agreements, product developments, partnerships, and expansions, implemented by the players operating in the industrial services; growing demand for operational excellence; increasing demand for maintenance as a service; and increasing equipment complexity. However, the major restraining factors for the growth of this market are varying compliances across regions and lack of skilled personnel.

“Operational improvement and maintenance services expected to hold the largest share of the industrial services market, based on type, during the forecast period”
The operational improvement and maintenance services is expected to hold the largest share in the overall industrial services market. The growing need for operational excellence has driven the use of ad-hoc and emergency maintenance. Moreover, the demand for predictive maintenance services and increasing equipment complexity would help in the growth of the industrial services market for operational improvement and maintenance services.

“The oil & gas industry expected to hold the largest share of the overall industrial services market in 2017”
The impact of reduced oil prices has created a demand for industrial services. There is a need for operational efficiency in the oil & gas industry. Modern services such as remote monitoring and predictive maintenance can reduce the unexpected downtime. Owing to these factors, the oil & gas industry is expected to hold the largest share of the overall industrial services market.

Moreover, the industrial services market for the automotive industry is expected to grow at the highest CAGR during the forecast period. In the automotive industry, there are processes such as welding, cleaning, and assembly, which are time-consuming and hence need to be automated. The use of micro PLC helps in monitoring the production processes, thereby reducing the time required for production and resulting in increased efficiency. The growing demand for micro and nano PLCs in the automotive industry is driving the growth of the industrial services market.

“Industrial services market in Asia Pacific expected to grow at the fastest rate during the forecast period”
The industrial services market in Asia Pacific (APAC) is expected to grow at the fastest rate between 2017 and 2023.
With the growing trend of cloud connectivity in the APAC, industries would adopt Industrial Internet of Things (IIoT)-based remote monitoring and predictive maintenance services in this region. Adoption of these services would help the APAC region to grow at the fastest rate during the forecast period. The emerging economies such as China and India are supporting the growth of the industrial services market. The governments of these countries are encouraging investments from foreign players in the process and discrete industries.

The break-up of the profiles of primary participants for the report has been given below.
• By Company: Tier 1 – 45%, Tier 2 – 30%, and Tier 3 – 25%
• By Designation: C-Level Executives – 40% and Managers – 60%
• By Region: Americas – 30%, Europe – 20%, APAC – 35%, and RoW – 15%.

The key players operating in the industrial services market are ABB (Switzerland), Emerson Electric (US), General Electric (US), Honeywell International Inc. (US), and Rockwell Automation (US), Schneider Electric (France), Voith (Germany), Wood Group Mustang (US), Yaskawa (Japan), Mitsubishi Electric (Japan), and SKF AB (Sweden), ATS Automation (Canada), Dynamysk Automation Ltd (Canada), and INTECH Process Automation (US), Danfoss (Denmark), Fuji Electric (Japan), Iconics (US), Metso Corporation (Sweden), Samson AG (Germany), Prime Controls LP (US), Tesco Controls Inc. (US), Velan Inc. (Canada), WEG (Brazil), Wunderlich-Malec Engineering (US), and Samson AG (Germany).

Research Coverage:
The research report on the industrial services market is segmented on the basis of type, application, industry, and geography. The market has been segmented based on type into engineering and consulting, installation and commissioning, and operational improvement and maintenance services. Based on applications, the industrial services market has been classified into PLC, SCADA, HMI, DCS, MES, electric motors and drives, valves and actuators, and safety systems. The market has been segmented based on industry into chemicals, pharmaceuticals, oil & gas, automotive, aerospace & defense, water & wastewater, metals & mining, food & beverage, and energy & power.

Key Benefits of Buying the Report:
Illustrative segmentation, analysis, and forecast for the market based on type, application, industry, and geography have been conducted to present an overall view of the industrial services market.
The value chain analysis is provided, which offers an in-depth insight into the industrial services market.
The major drivers, restraints, opportunities, and challenges for the industrial services market have been detailed in this report.
The report includes a detailed competitive landscape, in-depth DIVE analysis, and revenue of the key players.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • GEOGRAPHIC SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • MARKET STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
      • MARKET SHARE ESTIMATION
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE OVERALL INDUSTRIAL SERVICES MARKET
    • INDUSTRIAL SERVICES MARKET, BY TYPE
    • INDUSTRIAL SERVICE MARKET, BY APPLICATION AND TYPE
    • GEOGRAPHIC ANALYSIS OF INDUSTRIAL SERVICES MARKET
    • INDUSTRIAL SERVICES MARKET IN APAC, BY COUNTRY
    • INDUSTRIAL SERVICES MARKET, BY APPLICATION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGE
    • VALUE CHAIN ANALYSIS
  • INDUSTRIAL SERVICES MARKET, BY TYPE
    • INTRODUCTION
      • Table INDUSTRIAL SERVICES MARKET, BY TYPE, 2014 2023 (USD BILLION)
    • ENGINEERING & CONSULTING
      • Table INDUSTRIAL SERVICES MARKET FOR ENGINEERING & CONSULTING, BY APPLICATION, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR ENGINEERING & CONSULTING SERVICES, BY INDUSTRY, 2014-2023 (USD MILLION)
      • SYSTEM CONFIGURATION
      • COMPLIANCES
      • INFRASTRUCTURE AUDIT
    • INSTALLATION & COMMISSIONING
      • Table INDUSTRIAL SERVICES MARKET FOR INSTALLATION & COMMISSIONING SERVICES, BY APPLICATION, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR INSTALLATION & COMMISSIONING SERVICES, BY INDUSTRY, 2014 2023 (USD MILLION)
      • TRAINING
      • TESTING & CERTIFICATION
    • OPERATIONAL IMPROVEMENT & MAINTENANCE
      • Table INDUSTRIAL SERVICES MARKET FOR OPERATIONAL IMPROVEMENT & MAINTENANCE SERVICES, BY APPLICATION, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR OPERATIONAL IMPROVEMENT & MAINTENANCE SERVICES, BY INDUSTRY, 2014 2023 (USD MILLION)
      • AD-HOC AND EMERGENCY MAINTENANCE
      • SCHEDULED MAINTENANCE
      • MECHANICAL
      • PREDICTIVE MAINTENANCE
  • INDUSTRIAL SERVICES MARKET, BY APPLICATION
    • INTRODUCTION
      • Table INDUSTRIAL SERVICES MARKET, BY APPLICATION, 2014-2023 (USD BILLION)
    • DISTRIBUTED CONTROL SYSTEM (DCS)
      • Table INDUSTRIAL SERVICES MARKET FOR DCS, BY TYPE, 2014-2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR DCS, BY INDUSTRY, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR DCS, BY REGION, 2014 2023 (USD MILLION)
    • PROGRAMMABLE CONTROLLER LOGIC (PLC)
      • Table INDUSTRIAL SERVICES MARKET FOR PLC, BY TYPE, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR PLC, BY INDUSTRY, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR PLC, BY REGION, 2014 2023, (USD MILLION)
    • SUPERVISORY CONTROL AND DATA ACQUISITION (SCADA)
      • Table INDUSTRIAL SERVICES MARKET FOR SCADA, BY TYPE, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR SCADA, BY INDUSTRY, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR SCADA, BY REGION, 2014 2023, (USD MILLION)
    • ELECTRIC MOTORS & DRIVES
      • Table INDUSTRIAL SERVICES MARKET FOR ELECTRIC MOTORS & DRIVES, BY TYPE, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR ELECTRIC MOTORS & DRIVES, BY INDUSTRY, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR ELECTRIC MOTORS & DRIVES, BY REGION, 2014 2023 (USD MILLION)
    • VALVES & ACTUATORS
      • Table INDUSTRIAL SERVICES MARKET FOR VALVES & ACTUATORS, BY TYPE, 2014-2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR VALVES & ACTUATORS, BY INDUSTRY, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR VALVES & ACTUATORS, BY REGION, 2014 2023 (USD MILLION)
    • HUMAN-MACHINE INTERFACE (HMI)
      • Table INDUSTRIAL SERVICES MARKET FOR HMI, BY SERVICE TYPE, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR HMI, BY INDUSTRY, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR HMI, BY REGION, 2014 2023 (USD MILLION)
    • MANUFACTURING EXECUTION SYSTEM (MES)
      • Table INDUSTRIAL SERVICES MARKET FOR MES, BY TYPE, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR MES, BY INDUSTRY, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR MES, BY REGION, 2014 2023 (USD MILLION)
    • SAFETY SYSTEMS
      • BURNER MANAGEMENT SYSTEM (BMS)
      • EMERGENCY SHUTDOWN SYSTEM (ESD)
      • FIRE & GAS MONITORING & CONTROL
      • HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS (HIPPS)
      • TURBOMACHINERY CONTROL (TMC)
        • Table INDUSTRIAL SERVICES MARKET FOR SAFETY SYSTEMS, BY TYPE, 2014 2023 (USD MILLION)
        • Table INDUSTRIAL SERVICES MARKET FOR SAFETY SYSTEMS, BY INDUSTRY, 2014 2023 (USD MILLION)
        • Table INDUSTRIAL SERVICES MARKET FOR SAFETY SYSTEMS, BY REGION, 2014 2023 (USD MILLION)
  • INDUSTRIAL SERVICES MARKET, BY INDUSTRY
    • INTRODUCTION
      • Table INDUSTRIAL SERVICES MARKET, BY INDUSTRY, 2014 2023 (USD BILLION)
    • OIL AND GAS
      • Table INDUSTRIAL SERVICES MARKET FOR OIL & GAS, BY TYPE, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR OIL & GAS, BY APPLICATION, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR OIL & GAS, BY REGION, 2014 2023 (USD MILLION)
    • CHEMICALS
      • Table INDUSTRIAL SERVICES MARKET FOR CHEMICALS, BY TYPE, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR CHEMICALS, BY APPLICATION, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR CHEMICALS, BY REGION, 2014 2023 (USD MILLION)
    • AUTOMOTIVE
      • Table INDUSTRIAL SERVICES MARKET FOR AUTOMOTIVE, BY TYPE, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR AUTOMOTIVE, BY APPLICATION, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR AUTOMOTIVE, BY REGION, 2014-2023 (USD MILLION)
    • PHARMACEUTICALS
      • Table INDUSTRIAL SERVICES MARKET FOR PHARMACEUTICALS, BY TYPE, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR PHARMACEUTICALS, BY APPLICATION, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR PHARMACEUTICALS, BY REGION, 2014 2023 (USD MILLION)
    • METALS & MINING
      • Table INDUSTRIAL SERVICES MARKET FOR METALS & MINING, BY TYPE, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICE MARKET FOR METALS & MINING, BY APPLICATION, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR METALS & MINING, BY REGION, 2014 2023 (USD MILLION)
    • FOOD & BEVERAGES
      • Table INDUSTRIAL SERVICES MARKET FOR FOOD & BEVERAGES, BY TYPE, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR FOOD & BEVERAGES, BY APPLICATION, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR FOOD & BEVERAGES, BY REGION, 2014 2023 (USD MILLION)
    • ENERGY & POWER
      • Table INDUSTRIAL SERVICES MARKET FOR ENERGY & POWER, BY TYPE, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR ENERGY & POWER, BY APPLICATION, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR ENERGY & POWER, BY REGION, 2014 2023 (USD MILLION)
    • AEROSPACE & DEFENSE
      • Table INDUSTRIAL SERVICES MARKET FOR AEROSPACE & DEFENSE, BY TYPE, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR AEROSPACE & DEFENSE, BY APPLICATION, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2014 2023 (USD MILLION)
    • WATER AND WASTEWATER
      • Table INDUSTRIAL SERVICES MARKET FOR WATER & WASTEWATER, BY TYPE, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR WATER & WASTEWATER, BY APPLICATION, 2014 2023 (USD MILLION)
      • Table INDUSTRIAL SERVICES MARKET FOR WATER & WASTEWATER, BY REGION, 2014 2023 (USD MILLION)
    • OTHERS
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table INDUSTRIAL SERVICES MARKET, BY REGION, 2014 2023 (USD BILLION)
    • ASIA PACIFIC
      • Table INDUSTRIAL SERVICES MARKET IN APAC, BY COUNTRY, 2014 2023 (USD MILLION)
      • CHINA
      • INDIA
      • JAPAN
      • REST OF APAC
    • AMERICAS
      • Table INDUSTRIAL SERVICES MARKET IN AMERICAS, BY COUNTRY, 2014 2023 (USD MILLION)
      • NORTH AMERICA
      • SOUTH AMERICA
    • EUROPE
      • Table INDUSTRIAL SERVICES MARKET IN EUROPE, BY COUNTRY, 2014 2023 (USD MILLION)
      • UK
      • FRANCE
      • GERMANY
      • REST OF EUROPE
    • REST OF THE WORLD (ROW)
      • Table INDUSTRIAL SERVICES MARKET IN ROW, BY REGION, 2014 2023 (USD MILLION)
      • MIDDLE EAST
      • AFRICA
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • MARKET RANK ANALYSIS
      • Table TOP 5 PLAYERS IN THE INDUSTRIAL SERVICES MARKET, 2016
    • COMPETITIVE SCENARIO
    • INDUSTRIAL SERVICES MARKET(GLOBAL): COMPETITIVE LEADERSHIP MAPPING,2017
      • VISIONARY LEADERS
      • DYNAMIC DIFFERENTIATORS
      • INNOVATORS
      • EMERGING COMPANIES
    • BUSINESS STRATEGY EXCELLENCE
    • STRENGTH OF SERVICE PORTFOLIO
  • COMPANY PROFILES
    • INTRODUCTION
    • ABB
      • OVERVIEW
      • SERVICES OFFERED
      • STRENGTH OF SERVICE PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • EMERSON ELECTRIC
      • OVERVIEW
      • SERVICES OFFERED
      • STRENGTH OF SERVICE PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • GENERAL ELECTRIC
      • OVERVIEW
      • SERVICES OFFERED
      • STRENGTH OF SERVICE PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • HONEYWELL INTERNATIONAL INC.
      • OVERVIEW
      • SERVICES OFFERED
      • STRENGTH OF SERVICE PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • METSO CORPORATION
      • OVERVIEW
      • SERVICES OFFERED
      • STRENGTH OF SERVICE PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • ROCKWELL AUTOMATION
      • OVERVIEW
      • SERVICES OFFERED
      • STRENGTH OF SERVICE PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • SAMSON AG
      • OVERVIEW
      • SERVICES OFFERED
      • STRENGTH OF SERVICE PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • SCHNEIDER ELECTRIC
      • OVERVIEW
      • SERVICES OFFERED
      • STRENGTH OF SERVICE PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • SIEMENS AG
      • OVERVIEW
      • SERVICES OFFERED
      • STRENGTH OF SERVICE PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • SKF AB
      • OVERVIEW
      • SERVICES OFFERED
      • STRENGTH OF SERVICE PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • WOOD GROUP MUSTANG
      • OVERVIEW
      • SERVICES OFFERED
      • STRENGTH OF SERVICE PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • KEY INNOVATORS
      • ATS AUTOMATION
      • DYNAMYSK AUTOMATION LTD
      • INTECH PROCESS AUTOMATION
      • PRIME CONTROLS LP
      • WUNDERLICH-MALEC ENGINEERING
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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