Press release
Driving Industrial Maintenance Services Market Growth in 2025: The Role of Increasing Aerospace Sector Fuels Industrial Maintenance Services Market Growth
Industrial Maintenance Services
Industrial Maintenance Services Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been significant growth in the industrial maintenance services market. The market is set to expand from $54.47 billion in 2024 to $58.04 billion in 2025, with a compound annual growth rate (CAGR) of 6.5%. This advancement during the historical period is credited to the expansion of the oil and gas sector, increased demand for maintenance services, economic development, and urbanization trends.
How Will the Industrial Maintenance Services Market Size Evolve and Grow by 2029?
Over the coming years, the industrial maintenance services market is anticipated to witness robust growth, with an estimation to reach $76.96 billion in 2029, growing at a Compound Annual Growth Rate (CAGR) of 7.3%. This expected growth for the forecast period is due to factors such as the rising use of predictive maintenance and remote monitoring, an increasing need for dependable, economical, and secure infrastructure connectivity, high demand for specialized services, worries about ageing infrastructure, and a concentrate on preventative maintenance. The prevalent trends during the forecast period encompass the implementation of Industry 4.0, the aerospace and defense industry's expansion along with AI, undertakings of mergers and acquisitions, and advancements in technology.
View the full report here:
https://www.thebusinessresearchcompany.com/report/industrial-maintenance-services-global-market-report
What Drivers Are Propelling the Growth of Industrial Maintenance Services Market Forward?
The surge in the aerospace sector is predicted to boost the market for industrial maintenance services. This sector comprises businesses that handle modifications, conversions, repairs, part replacements, and comprehensive overhauls and rebuilds of commercial aircrafts. It includes manufacturers of a variety of aircrafts ranging from gliders, helicopters, drones, ultra-light aircrafts, passenger aircrafts, to private jets. Maintenance support provided by companies in the aerospace sector is primarily aimed at corporate, commercial, and military aircrafts. For example, the Airspace Industries Association (AIA), a trade association based in the USA, announced in September 2023 that the aerospace and defense (A&D) industry earned $952 billion in aggregate sales in 2022, indicating a 6.7 percent rise from 2021. The same report highlighted that exports from this sector increased by 4.4 percent, amounting to $104.8 billion. As such, the flourishing aerospace sector is fueling the expansion of the industrial maintenance services market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8920&type=smp
Which Emerging Trends Are Transforming the Industrial Maintenance Services Market in 2025?
The trend of product innovation is highly notable in the industrial maintenance services market. To bolster their market position, major firms in this sector are concentrating on the development of innovative solutions. For instance, Valmet, a company based in Finland known for its technology advancements, automation systems, and services for the pulp, paper, and energy sectors, introduced the Valmet Mobile Maintenance (VMM) program in May 2022. This program, aimed at streamlining maintenance operations in mills and granting easy access to maintenance data, is compatible with both iOS and Android mobile devices. It is designed to enhance the efficiency of production and maintenance operators, allowing them to save time and raise productivity by creating defect alerts and monitoring work orders in real time.
What Are the Key Segments in the Industrial Maintenance Services Market?
The industrial maintenance services market covered in this report is segmented -
1) By Service: Repair, Inspection, Maintenance
2) By Location: On Shore, Off Shore
3) By End-User: Oil And Gas, Industry, Power Generation, Other End-User
Subsegments:
1) By Repair: Equipment Repair, Machinery Repair, System Repair
2) By Inspection: Routine Inspections, Condition Monitoring, Safety Inspections
3) By Maintenance: Preventive Maintenance, Predictive Maintenance, Corrective Maintenance
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=8920&type=smp
Who Are the Key Players Shaping the Industrial Maintenance Services Market's Competitive Landscape?
Major companies operating in the industrial maintenance services market include Siemens AG, Honeywell International Inc., Mitsubishi Heavy Industries Ltd., Asea Brown Boveri Ltd., Johnson Controls International plc, Baker Hughes Company, Emerson Electric Co., Parker-Hannifin Corporation, Atlas Copco AB, SKF Group, Rockwell Automation Inc., TechnipFMC plc, Wärtsilä Corporation, Metso Outotec, Voith Group, Royal Boskalis Westminster N.V., Yokogawa Electric Corporation, Sulzer AG, Konecranes Plc, Flowserve Corporation, Petrofac Limited, Fugro N.V., Oceaneering International Inc., Sapura Energy Berhad, James Fisher and Sons plc, STRATEC SE, Advanced Technology Services Inc., Bluestream Offshore B.V., Doosan Heavy Industries & Construction Co. Ltd., Aker Solutions ASA, Gardner Denver Holdings Inc., National Oilwell Varco Inc., Ingersoll Rand Inc.
What Geographic Markets Are Powering Growth in the Industrial Maintenance Services Market?
Asia-Pacific was the largest region in the industrial maintenance services market share in 2024. The regions covered in the industrial maintenance services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8920
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe - +44 7882 955267,
Asia: +91 88972 63534,
Americas - +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Driving Industrial Maintenance Services Market Growth in 2025: The Role of Increasing Aerospace Sector Fuels Industrial Maintenance Services Market Growth here
News-ID: 4111927 • Views: …
More Releases from The Business Research Company
Kombucha Tea Industry Outlook 2025-2029: Market Set to Cross $7.93 Billion Miles …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Kombucha Tea Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, there's been a substantial expansion in the size of the kombucha tea market. The market, valued at $3.36 billion in 2024, is estimated to escalate to $4.04 billion in 2025, with a…
Top Market Shifts Transforming the Juice Concentrates Market Landscape: Key Insi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Juice Concentrates Market Size By 2025?
In the past few years, the juice concentrates market has been successful in experiencing considerable growth. The market, which is expected to rise from $64.11 billion in 2024 to $67.8 billion in 2025, is predicted to have a compound…
Cloud Computing Surge Ignites IT Consulting Market Growth: The Driving Engine Be …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the IT Consulting Market Through 2025?
In recent times, we have witnessed a swift expansion in the size of the IT consulting market. It is projected to escalate from $102.32 billion in 2024 to $113.25 billion in 2025, sustaining a compound annual growth…
2025-2034 IoT Security Market Outlook: Key Drivers, Emerging Challenges, and Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
IoT Security Market Size Growth Forecast: What to Expect by 2025?
The IoT security market has seen an extraordinary expansion in its size over recent years. The market is predicted to surge from $8.7 billion in 2024 to an impressive $11.36 billion in 2025, exhibiting a compound annual growth…
More Releases for Maintenance
Maintenance software Wartungsplaner optimizes your maintenance
Master maintenance management with digital maintenance planner
The maintenance planner from Hoppe Unternehmensberatung has been used in the manufacturing industry for many years to keep machines and equipment running smoothly.
The wartungsplaner https://www.Wartungsplaner.de/ optimally organizes interlinked processes, from inspection to predictive maintenance to servicing.
The recurring maintenance dates need to be controlled and monitored.
It is not always easy to keep track of inspection regulations and inspection deadlines. Regardless of whether you are…
Predictive Maintenance Market 2031: Proactive Maintenance Advances
Predictive Maintenance Market Market Scope:
Global Predictive Maintenance Market size was valued at USD 5.77 Billion in 2022 and is poised to grow from USD 7.57 Billion in 2023 to USD 66.46 Billion by 2031, at a CAGR of 31.2% over the forecast period (2024-2031).
Access the full 2024 Predictive Maintenance Market report for a comprehensive understanding @https://www.skyquestt.com/report/predictive-maintenance-market
The study of the global Predictive Maintenance Market is presented in the report, which is…
Building Maintenance Service Market Massive Growth Opportunity Ahead | Pacific M …
The latest study released on the Global Building Maintenance Service Market by HTF MI Research evaluates market size, trend, and forecast to 2030. The Building Maintenance Service market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analysed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the…
Maintenance planner - Planning maintenance becomes easy with these tips
Have you had enough of chaotic maintenance schedules and inefficient processes?
Then the deluxe maintenance planner https://www.Wartungsplaner.de is just the thing for you! With this tool, you can organize and plan your maintenance work optimally. Find out why efficient organization is so important and the benefits of using the maintenance planner. You will also receive valuable tips for optimal use and effective planning of maintenance work.
Why Maintenance Planner?
The efficiency and…
Preventive Maintenance Software Market Real-time Monitoring and Remote Maintenan …
Preventive maintenance software lowers operating costs and promotes operational efficiencies that increase profitability. The downtime for unexpected breakdowns is dramatically reduced, and expensive vendor fixes are eliminated by effective preventive maintenance. Longer equipment lifecycles lower inventories. The overall plant efficiency increases labor and equipment productivity significantly, thus, raising profitability.
Unplanned downtime can result in idle employees, uncertainty in the production line, missed deadlines, and long-term damage to the company's reputation.…
DOCUFY Maintenance Manager simplifies maintenance
DOCUFY presents a new cornerstone of its software suite in the form of DOCUFY Maintenance Manager (DMM), allowing companies to integrate their information and sustainably boost their success through intelligent knowledge utilisation. Through digital integration of periodic maintenance tasks with machine data, the DOCUFY Maintenance Manager opens the door to forward-looking, resource-optimised maintenance. In practical terms, this means that service representatives can access a display of the precise machine variant…
