Industrial Services Market Size, Share & Trends Analysis Report By Type (Engineering & Consulting, Installation & Commissioning, Operational Improvement & Maintenance), By Application, By End-use, By Region, And Segment Forecasts, 2024 - 2030

Industrial Services Market Size, Share & Trends Analysis Report By Type (Engineering & Consulting, Installation & Commissioning, Operational Improvement & Maintenance), By Application, By End-use, By Region, And Segment Forecasts, 2024 - 2030


Industrial Services Market Size & Trends

The global industrial services market size was estimated at USD 32.65 billion in 2023 and is projected to grow at a CAGR of 6.5% from 2024 to 2030. This growth can be attributed to the rapid progress in industrial automation, IoT, and AI significantly boosting demand for sophisticated industrial services. Companies are increasingly integrating these technologies to improve operational efficiency, reduce downtime, and enhance productivity. This technological integration not only optimizes processes but also enables the development of more advanced and reliable industrial services.

There is also a growing emphasis on predictive maintenance, which relies on data analytics and real-time monitoring to anticipate equipment failures and optimize maintenance schedules. The adoption of predictive maintenance solutions helps industries reduce operational costs and extend the lifespan of machinery, thus driving demand for these services. Increasing industrialization, especially in emerging economies, contributes to the expanding market. Regions such as Asia-Pacific are experiencing significant growth in manufacturing and production activities, leading to higher demand for industrial services. This industrial expansion in emerging markets is a key factor in overall market growth.

Stringent regulatory requirements also play a crucial role. Compliance with safety and environmental regulations necessitates regular maintenance and servicing of industrial equipment, ensuring a steady demand for industrial services to maintain compliance and avoid penalties. These regulatory pressures drive the need for ongoing maintenance and upgrades.

Industries are focusing on energy efficiency to reduce operational costs and meet sustainability goals. Industrial services that focus on energy audits, optimization, and efficient energy management are in high demand. This focus on energy efficiency aligns with broader environmental and economic objectives, further driving market growth.

Outsourcing trends are also influencing the global market, with companies increasingly outsourcing industrial services to specialized providers. This allows businesses to focus on their core competencies while leveraging the expertise of service providers for maintenance, repair, and operational support. The complexity of modern machinery, which requires specialized skills and knowledge, further drives demand for comprehensive industrial service solutions.

Global Industrial Services Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global industrial services market report based on type, application, end-use, and region.
  • Type Outlook (Revenue, USD Million, 2017 - 2030)
  • Engineering & Consulting
  • Installation & Commissioning
  • Operational Improvement & Maintenance
  • Application Outlook (Revenue, USD Million, 2017 - 2030)
  • Distributed Control System (DCS)
  • Programmable Controller Logic (PLC)
  • Supervisory Control and Data Acquisition (SCADA)
  • Electric Motors & Drives
  • Valves & Actuators
  • Manufacturing Execution System
  • Others
  • End Use Outlook (Revenue, USD Million, 2017 - 2030)
  • Oil and Gas
  • Chemicals
  • Automotive
  • Pharmaceuticals
  • Others
  • Regional Outlook (Revenue, USD Million, 2017 - 2030)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Latin America
  • Brazil
  • Middle East and Africa (MEA)
  • KSA
  • UAE
  • South Africa
Please note The report will be delivered in 4-8 business days upon order notification.


Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definitions
1.3. Information Procurement
1.4. Information Analysis
1.4.1. Market Formulation & Data Visualization
1.4.2. Data Validation & Publishing
1.5. Research Scope and Assumptions
1.6. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Impact Analysis
3.3.2. Market Restraint Impact Analysis
3.3.3. Market Opportunity Impact Analysis
3.4. Industry Analysis Tools
3.4.1. Porter’s Analysis
3.4.2. PESTEL Analysis
Chapter 4. Vessel Traffic Management System Market: Offering Estimates & Trend Analysis
4.1. Offering Movement Analysis & Market Share, 2023 & 2030
4.2. Vessel Traffic Management System Market Estimates & Forecast, By Offering
4.2.1. Hardware
4.2.1.1. Communication
4.2.1.2. Surveillance & Monitoring
4.2.1.3. Navigation
4.2.2. Software
4.2.3. Service
4.2.3.1. Maintenance Service
4.2.3.2. Operation Service
Chapter 5. Vessel Traffic Management System Market: Type Estimates & Trend Analysis
5.1. Type Movement Analysis & Market Share, 2023 & 2030
5.2. Vessel Traffic Management System Market Estimates & Forecast, By Type
5.2.1. A to N Management & Health Monitoring Systems
5.2.2. Global Maritime Distress Safety Systems
5.2.3. Port Management Information Systems
5.2.4. River Information Systems
Chapter 6. Vessel Traffic Management System Market: End Use Estimates & Trend Analysis
6.1. End Use Movement Analysis & Market Share, 2023 & 2030
6.2. Vessel Traffic Management System Market Estimates & Forecast, By End Use
6.2.1. Commercial
6.2.2. Defense
Chapter 7. Vessel Traffic Management System Market: Regional Estimates & Trend Analysis
7.1. Vessel Traffic Management System Market: Regional Outlook
7.2. North America
7.2.1. North America Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
7.2.2. U.S.
7.2.2.1. U.S. Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
7.2.3. Canada
7.2.3.1. Canada Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
7.2.4. Mexico
7.2.4.1. Mexico Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
7.3. Europe
7.3.1. Europe Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
7.3.2. Germany
7.3.2.1. Germany Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
7.3.3. Germany
7.3.3.1. Germany Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
7.3.4. U.K.
7.3.4.1. U.K. Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
7.3.5. France
7.3.5.1. France Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
7.4. Asia Pacific
7.4.1. Asia Pacific Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
7.4.2. China
7.4.2.1. China Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
7.4.3. India
7.4.3.1. India Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
7.4.4. Japan
7.4.4.1. Japan Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
7.4.5. Australia
7.4.5.1. Australia Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
7.4.6. South Korea
7.4.6.1. South Korea Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
7.5. Latin America
7.5.1. Latin America Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
7.5.2. Brazil
7.5.2.1. Brazil Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
7.6. Middle East and Africa (MEA)
7.6.1. Middle East and Africa (MEA) Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
7.6.2. United Arab Emirates (UAE)
7.6.2.1. United Arab Emirates (UAE) Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
7.6.3. Kingdom of Saudi Arabia (KSA)
7.6.3.1. Kingdom of Saudi Arabia (KSA) Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
7.6.4. South Africa
7.6.4.1. South Africa Vessel Traffic Management System market estimates & forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
8.1. Company Categorization
8.2. Financial Performance
8.3. Product Benchmarking
8.4. Company Market Share Analysis, 2023
8.5. Strategy Mapping
8.5.1. Expansion
8.5.2. Collaborations
8.5.3. Mergers & Acquisitions
8.5.4. Product Launches
8.5.5. Partnerships
8.5.6. Others
8.6. Company List
8.6.1. Hanwha Systems Co., Ltd.
8.6.2. HENSOLDT AG
8.6.3. Japan Radio Co.
8.6.4. Kongsberg Gruppen
8.6.5. Leonardo S.p.A.
8.6.6. Rohde & Schwarz
8.6.7. Saab AB
8.6.8. ST Engineering
8.6.9. Thales Group
8.6.10. Wärtsilä

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings