THE GLOBAL INDUSTRIAL SERVICES MARKET WAS VALUED AT USD 24.25 BILLION IN 2016 AND IS PROJECTED TO REACH USD 38.83 BILLION BY 2025, GROWING AT A CAGR OF 5.37% FROM 2017 TO 2025 TOP KEY PLAYERS ARE EMERSON ELECTRIC , GENERAL ELECTRIC , HONEYWELL INTERNATION

The global Industrial Services Market was valued at USD 24.25 billion in 2016 and is projected to reach USD 38.83 billion by 2025, growing at a CAGR of 5.37% from 2017 to 2025. Service industry companies are involved in retail, transport, distribution, food services, as well as other service-dominated businesses. It is also called service sector, tertiary sector of industry.

Request For Free Sample- https://www.kennethresearch.com/sample-request-10059713

Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing need for operational Excellence
1.2 Growing demand for maintenance services
1.3 Increasing technical level of equipment

2. Market Restraints
2.1 Lack of skilled technicians
2.2 Varying Compliances Across Regions

Market Segmentation:
1. Global Industrial Services Market, by Application:
1.1 Distributed Control System (DCS)
1.2 Programmable Controller Logic (PLC)
1.3 Supervisory Control and Data Acquisition (SCADA)
1.4 Electric Motors & Drives
1.5 Valves & Actuators
1.6 Human-Machine Interface (HMI)
1.7 Manufacturing Execution System (MES)
1.8 Safety Systems
1.8.1 Burner Management System (BMS)
1.8.2 Emergency Shutdown System (ESD)
1.8.3 Fire & Gas Monitoring & Control
1.8.4 High-Integrity Pressure Protection Systems (HIPPS)
1.8.5 Turbomachinery Control (TMC)

2. Global Industrial Services Market, by Industry:
2.1 Oil and Gas
2.2 Chemicals
2.3 Automotive
2.4 Pharmaceuticals
2.5 Metals & Mining

Buy Now- https://www.kennethresearch.com/report-purchase-id-10059713

2.6 Food & Beverages
2.7 Energy & Power
2.8 Aerospace & Defense
2.9 Water and Wastewater
2.10 Others

3. Global Industrial Services Market, by Type:
3.1 Engineering & Consulting
3.1.1 System Configuration
3.1.2 Compliances
3.1.3 Infrastructure Audit
3.2 Installation & Commissioning
3.2.1 Training
3.2.2 Testing & Certification
3.3 Operational Improvement & Maintenance
3.3.1 Ad-Hoc and Emergency Maintenance
3.3.2 Scheduled Maintenance
3.3.3 Mechanical
3.3.4 Predictive Maintenance

4. Global Industrial Services Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. ABB
2. Emerson Electric
3. General Electric
4. Honeywell International Inc.
5. Metso Corporation
6. Rockwell Automation
7. Samson AG
8. Schneider Electric
9. Siemens AG
10. SKF AB
11. Wood Group Mustang

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Read More- https://www.kennethresearch.com/report-details/global-industrial-services-market/10059713

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

1412 Broadway,
21st Floor Suite MA111,
New York, NY 10018

Name:David
Email:sales@kennethresearch.com
Phone: +1 313 462 0609

This release was published on openPR.