Industrial Services Market

Industrial Services Market with COVID-19 Impact by Type (Engineering & Consulting, Installation & Commissioning, Operational Improvement & Maintenance), Application (MES, Motors & Drives, DCS, HMI, PLC), Industry, and Region - Global Forecast to 2025

Report Code: SE 5408 Dec, 2020, by marketsandmarkets.com

[223 Pages Report] The overall industrial services market is expected to be valued at USD 33.6 billion in 2020 and is expected to reach USD 44.1 billion by 2025, at a CAGR of 5.6% between 2020 and 2025. Key factors driving the demand for industrial services include the growing need for operational excellence, increasing demand for maintenance-as-a-service, and increasing equipment complexity.

Industrial Services Market

To know about the assumptions considered for the study, Request for Free Sample Report

COVID-19 impact on the industrial services market

Due to the impact of COVID-19, the industrial services market is expected to take a huge hit. In the current situation, manufacturers are gradually realizing the importance of industrial automation. However, due to lockdowns across countries, companies are facing severe cash flow issues and are deferring new projects related to the implementation of industrial automation services. However, a few technologies, such as artificial intelligence, machine learning, and cloud computing, are in high demand, as they are essential for the smooth running of digital manufacturing facilities amid the lockdown.

Medical devices and pharmaceuticals industries are striving to yield maximum output to cater to the needs of patients in various regions. Pharmaceuticals and food & beverage are the industries that manufacture essential goods and their manufacturing facilities cannot be shut. During this pandemic, these are the 2 industries providing essential items to people. Thus, it is expected that these industries will generate more demand for industrial services solutions.

Restraint: Varying compliances across regions

Government bodies are key stakeholders in deciding the compliances in any region. The compliances are made in accordance with the regional environmental conditions. These compliances vary with the regions and industries. Local regulations and compliances may create hurdles for companies that want to set up their business operations in the region. The hurdles can be import and export duties, mandatory certifications, investment regulations, and industry-specific mandates. The aforesaid is a critical factor restraining the growth of the industrial services market

Opportunity: Predictive maintenance services

Industrial services providers are competing against each other to be leaders in the market. To capture more market share, players should frequently upgrade their industrial services portfolio. A customized service portfolio can help the service provider to become more customer-centric and flexible in the market. In predictive maintenance services, the equipment and systems are continuously monitored to check their condition and provide solutions in the case of a failure. With the evolution of the Internet of Things (IoT), the demand for predictive maintenance services would increase in the future.

Challenge: Supply chain disruptions due to COVID-19 pandemic

The major challenge for the market players in the current situation is the disruption in the supply chain due to the outbreak of the COVID-19 pandemic. Worldwide, governments have imposed various rules and regulations to curb the spread of the virus, e.g., restrictions on the export and import of products and raw materials. This has led to a major disruption in the supply chain throughout the world, resulting in a shortage of raw materials used in various industries.

The MES application is projected to to hold largest market share of industrial services market from 2020 to 2025.

MES helps to maintain the updated data pertaining to the product life cycle, product quality, order execution and dispatch, resource scheduling, downtime management for overall equipment effectiveness (OEE), and production analysis. Moreover, MES helps maintain all the data related to the manufacturing process, such as raw material converted into finished goods and related documentation, and data from robots and employees. These factors owing to the largest market share of MES in industrial services market during forecasted period.

The automotive industry is projected to to hold largest market share of industrial services market from 2020 to 2025.

The automotive industry deals with the design, development, and manufacturing of vehicles. In this industry, automation plays a vital role in inventory management, performance analysis, design process, and supply chain management. In an assembling process, automation helps companies to reduce production time and increase productivity. Major companies offering industrial services to the automotive industry are Rockwell Automation (US), Emerson Electric (US), General Electric (US), ABB (Switzerland), and Siemens AG (Germany).

The industrial services market in APAC is projected to hold the largest market share of industrial services during the forecast period.

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. According to the National Bureau of Statistics, the growing labor cost and high-volume demand in China are the critical factors. The demand for industrial automation in China is growing. This trend would boost the need for industrial services provider for automation products such as PLC, SCADA, HMI, and DCS.

Industrial Services Market by Region

To know about the assumptions considered for the study, download the pdf brochure

Key Market Players

The industrial services players have implemented various types of organic as well as inorganic growth strategies, such as new product launches, contracts, partnerships and, business expansions, to strengthen their offerings in the market. The major players are  ABB Ltd. (Switzerland), Emerson Electric Co. (US), Honeywell International Inc. (US), Schneider Electric SE (France), Rockwell Automation, Inc. (US), Siemens AG (Germany), General Electric Co. (US), Yokogawa Electric Corp. (Japan), Mitsubishi Electric Corporation (Japan), Metso Corporation (Finland), and Samson AG (Germany) were the major players in the industrial services market.

The study includes an in-depth competitive analysis of these key players in the industrial services market with their company profiles, recent developments, and key market strategies.

Report Scope:

Report Metric

Details

Years considered

2016–2025

Base year considered

2019

Forecast period

2020–2025

Forecast units

Value (USD million/billion)

Segments covered

Type, Application, and Industry

Regions covered

North America, APAC, Europe, and RoW

Companies covered

ABB Ltd. (Switzerland), Emerson Electric Co. (US), General Electric Co. (US), Honeywell International Inc. (US), Schneider Electric SE (France), Rockwell Automation, Inc. (US), Siemens AG (Germany), Yokogawa Electric Corp. (Japan), Mitsubishi Electric Corporation (Japan), are among the few major players in the industrial services market. A total of 25 companies are covered in this study.

In this report, the overall industrial services market has been segmented on the basis of type, application, industry, and region.

By Type

  • Engineering & Consulting
  • Installation & Commissioning
  • Operational Improvement & Maintenance

By Application

  • Motors and Drives
  • Distributed Control System (DCS)
  • Programmable Logic Controller (PLC)
  • Supervisory Control and Data Acquisition (SCADA)
  • Human Machine Interface (HMI)
  • Safety Systems
  • Manufacturing Execution System (MES)
  • Industrial Robotics
  • Industrial 3D Printing
  • Industrial PC

By Industry

  • Oil & Gas 
  • Energy & Power
  • Chemicals
  • Food & Beverages
  • Aerospace
  • Automotive
  • Healthcare & Pharmaceuticals
  • Metal & Mining
  • Water & Wastewater
  • Semiconductor
  • Paper & Pulp
  •  Others (Telecommunication, and Marine)

By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • Japan
    • India
    • South Korea
    • Rest of APAC
  • Rest of the World (RoW)
    • South America
    • Middle East
    • Africa

Recent Developments

  • In October 2020, Schneider Electric and Semiotic Labs partnered together to expand EcoStruxure Asset Advisor digital service to include condition-based monitoring and predictive maintenance of rotating equipment
  • In December 2019, ABB has signed a new frame agreement to deliver safety and automation systems across Equinor’s installed base and greenfield projects worldwide, helping minimize cost, schedule, and risk.
  • In July 2019, Emerson has completed its USD 48 million contract for automation systems and cloud engineering software-as-a-service for the Shah Deniz 2 project in Azerbaijan and is fulfilling an ongoing five-year services contract to help ensure reliable, safe operations.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 32)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION AND SCOPE
           1.2.1 INCLUSIONS & EXCLUSIONS
    1.3 STUDY SCOPE
           1.3.1 MARKETS COVERED
                 FIGURE 1 INDUSTRIAL SERVICES MARKET SEGMENTATION
           1.3.2 YEARS CONSIDERED FOR THE STUDY
    1.4 CURRENCY
    1.5 LIMITATIONS
    1.6 MARKET STAKEHOLDERS
    1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 36)
    2.1 RESEARCH DATA
        FIGURE 2 INDUSTRIAL SERVICES MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY & PRIMARY RESEARCH
           2.1.2 SECONDARY DATA
                    2.1.2.1 Major secondary sources
                    2.1.2.2 Key data from secondary sources
           2.1.3 PRIMARY DATA
                    2.1.3.1 Primary interviews with experts
                    2.1.3.2 Key data from secondary and primary sources
                    2.1.3.3 Key industry insights
                    2.1.3.4 Breakdown of primaries
    2.2 MARKET SIZE ESTIMATION
        FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH (SUPPLY SIDE): REVENUE OF INDUSTRIAL SERVICES MARKET SIZE
           2.2.1 BOTTOM-UP APPROACH
                    2.2.1.1 Approach for arriving at market share by bottom-up analysis (demand side)
                            FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    2.2.2.1 Approach for capturing market share by top-down analysis (supply side)
                            FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
    2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
        FIGURE 6 DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS
        FIGURE 7 ASSUMPTIONS OF THE RESEARCH STUDY

3 EXECUTIVE SUMMARY (Page No. - 47)
    3.1 PRE-COVID-19
    3.2 REALISTIC SCENARIO
    3.3 PESSIMISTIC SCENARIO
    3.4 OPTIMISTIC SCENARIO
        FIGURE 8 PRE- AND POST-COVID-19 ANALYSIS OF INDUSTRIAL SERVICES MARKET
        FIGURE 9 OPERATIONAL IMPROVEMENT & MAINTENANCE SERVICE TO HOLD THE LARGEST MARKET SHARE DURING FORECAST PERIOD
        FIGURE 10 INDUSTRIAL SERVICES MARKET FOR INDUSTRIAL 3D PRINTING TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
        FIGURE 11 FOOD & BEVERAGES EXPECTED TO BE FASTEST-GROWING APPLICATION IN INDUSTRIAL SERVICES MARKET DURING FORECAST PERIOD
        FIGURE 12 APAC TO BE THE FASTEST-GROWING MARKET FOR INDUSTRIAL SERVICES DURING FORECAST PERIOD

4 PREMIUM INSIGHTS (Page No. - 52)
    4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE OVERALL INDUSTRIAL SERVICES MARKET
        FIGURE 13 DEMAND FOR OPERATIONAL EXCELLENCE TO DRIVE GROWTH OF INDUSTRIAL SERVICES MARKET
    4.2 INDUSTRIAL SERVICES MARKET, BY TYPE
        FIGURE 14 OPERATIONAL IMPROVEMENT & MAINTENANCE SERVICES TO LEAD INDUSTRIAL SERVICES MARKET DURING FORECAST PERIOD
    4.3 INDUSTRIAL SERVICES MARKET, BY APPLICATION
        FIGURE 15 MES APPLICATION IS EXPECTED TO HOLD LARGEST SHARE OF INDUSTRIAL SERVICES MARKET BY 2025
    4.4 GEOGRAPHIC ANALYSIS OF INDUSTRIAL SERVICES MARKET
        FIGURE 16 APAC EXPECTED TO WITNESS HIGHEST CAGR IN INDUSTRIAL SERVICES MARKET BY 2025

5 MARKET OVERVIEW (Page No. - 54)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
        FIGURE 17 HIGH REQUIREMENT FOR OPERATIONAL EXCELLENCE TO DRIVE INDUSTRIAL SERVICE MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Fiscal policy steps taken by regional financial institutions to sustain manufacturing facilities amid COVID-19 crisis
                            FIGURE 18 BREAK-UP OF CARES ACT PACKAGE
                    5.2.1.2 Growing need for operational excellence
                    5.2.1.3 Increasing demand for maintenance-as-a-service
                    5.2.1.4 Increasing equipment complexity
           5.2.2 RESTRAINTS
                    5.2.2.1 Varying compliances across regions
                    5.2.2.2 Lack of skilled personnel
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Predictive maintenance services
                    5.2.3.2 Collaboration of industrial services providers with OEMs
           5.2.4 CHALLENGES
                    5.2.4.1 Supply chain disruptions due to COVID-19 pandemic
                    5.2.4.2 Demand for integration of services
    5.3 VALUE CHAIN ANALYSIS
        FIGURE 19 VALUE CHAIN ANALYSIS OF INDUSTRIAL SERVICES MARKET
    5.4 ECOSYSTEM: INDUSTRIAL SERVICES MARKET
    5.5 PORTER’S FIVE FORCE ANALYSIS
        TABLE 1 IMPACT OF EACH FORCE ON THE INDUSTRIAL SERVICES MARKET
    5.6 CASE STUDY
           5.6.1 USE CASE 1: ENEL GREEN POWER S.P.A
           5.6.2 USE CASE 2: SIEMENS
    5.7 TECHNOLOGY ANALYSIS
    5.8 PRICING ANALYSIS
    5.9 TRADE ANALYSIS
           5.9.1 INDUSTRIAL ROBOTICS
                 TABLE 2 INDUSTRIAL ROBOTS EXPORT DATA, 2015–2019 (USD MILLION)
                 TABLE 3 INDUSTRIAL ROBOTS IMPORT DATA, 2015–2019 (USD MILLION)
           5.9.2 3D PRINTER
                 TABLE 4 PRINTING MACHINERY EXPORT DATA, 2015–2019 (USD BILLION)
                 TABLE 5 PRINTING MACHINERY IMPORT DATA, 2015–2019 (USD BILLION)
    5.10 PATENT ANALYSIS
    5.11 INDUSTRIAL SAFETY STANDARDS & REGULATIONS
           5.11.1 PROCESS INDUSTRY
                    5.11.1.1 I EC 61508
                    5.11.1.2 I EC 61511
           5.11.2 MACHINERY
                    5.11.2.1 IEC 62061

6 INDUSTRIAL SERVICES MARKET, BY TYPE (Page No. - 70)
    6.1 INTRODUCTION
        FIGURE 20 INDUSTRIAL SERVICES MARKET, BY TYPE
        FIGURE 21 OPERATIONAL IMPROVEMENT & MAINTENANCE SERVICES EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
        TABLE 6 INDUSTRIAL SERVICES MARKET, BY TYPE, 2016–2019 (USD MILLION)
        TABLE 7 INDUSTRIAL SERVICES MARKET, BY TYPE, 2020–2025 (USD MILLION)
    6.2 ENGINEERING & CONSULTING
        TABLE 8 INDUSTRIAL SERVICES MARKET FOR ENGINEERING & CONSULTING, BY APPLICATION, 2016–2019 (USD MILLION)
        TABLE 9 INDUSTRIAL SERVICES MARKET FOR ENGINEERING & CONSULTING, BY APPLICATION, 2020–2025 (USD MILLION)
           6.2.1 SYSTEM CONFIGURATION
                    6.2.1.1 Industrial services providers help end users select appropriate configuration of automation devices and systems
           6.2.2 COMPLIANCES
                    6.2.2.1 Growing number of compliances and need for safe working environment in industries lead to widespread adoption of industrial services
           6.2.3 INFRASTRUCTURE AUDIT
                    6.2.3.1 Audit reports assist in presales discussion of automation systems such as DSC, SCADA, and MES
    6.3 INSTALLATION & COMMISSIONING
        TABLE 10 INDUSTRIAL SERVICES MARKET FOR INSTALLATION & COMMISSIONING, BY APPLICATION, 2016–2019 (USD MILLION)
        TABLE 11 INDUSTRIAL SERVICES MARKET FOR INSTALLATION & COMMISSIONING, BY APPLICATION, 2020–2025 (USD MILLION)
           6.3.1 TRAINING
                    6.3.1.1 Training service is a vital part of establishment of industrial systems
           6.3.2 TESTING & CERTIFICATION
                    6.3.2.1 Certification services help demonstrate compliance with national or international standards
    6.4 OPERATIONAL IMPROVEMENT & MAINTENANCE
        TABLE 12 INDUSTRIAL SERVICES MARKET FOR OPERATIONAL IMPROVEMENT & MAINTENANCE, BY APPLICATION, 2016–2019 (USD MILLION)
        TABLE 13 INDUSTRIAL SERVICES MARKET FOR OPERATIONAL IMPROVEMENT & MAINTENANCE, BY APPLICATION, 2020–2025 (USD MILLION)
           6.4.1 AD-HOC AND EMERGENCY MAINTENANCE
                    6.4.1.1 Ad-hoc and emergency maintenance services help end users reduce unplanned downtime
           6.4.2 SCHEDULED MAINTENANCE
                    6.4.2.1 Scheduled maintenance services provide up-to-date maintenance of filed devices, software, and plant
           6.4.3 MECHANICAL
                    6.4.3.1 Electric motors and drives are require mechanical services throughout their lifecycle
           6.4.4 PREDICTIVE MAINTENANCE
                    6.4.4.1 Predictive maintenance services are used to improve reliability and life of devices

7 INDUSTRIAL SERVICES MARKET, BY APPLICATION (Page No. - 79)
    7.1 INTRODUCTION
        FIGURE 22 INDUSTRIAL 3D PRINTING EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
        TABLE 14 INDUSTRIAL SERVICES MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
        TABLE 15 INDUSTRIAL SERVICES MARKET, BY APPLICATION, 2020–2025 (USD MILLION)
    7.2 DISTRIBUTED CONTROL SYSTEM (DCS)
        TABLE 16 INDUSTRIAL SERVICES MARKET FOR DCS, BY TYPE, 2016–2019 (USD MILLION)
        TABLE 17 INDUSTRIAL SERVICES MARKET FOR DCS, BY TYPE, 2020–2025 (USD MILLION)
        TABLE 18 INDUSTRIAL SERVICES MARKET FOR DCS, BY INDUSTRY, 2016–2019 (USD MILLION)
        TABLE 19 INDUSTRIAL SERVICES MARKET FOR DCS, BY INDUSTRY, 2020–2025 (USD MILLION)
        TABLE 20 INDUSTRIAL SERVICES MARKET FOR DCS, BY REGION, 2016–2025 (USD MILLION)
        TABLE 21 INDUSTRIAL SERVICES MARKET FOR DCS, BY REGION, 2020–2025 (USD MILLION)
    7.3 PROGRAMMABLE CONTROLLER LOGIC (PLC)
        TABLE 22 INDUSTRIAL SERVICES MARKET FOR PLC, BY TYPE, 2016–2019 (USD MILLION)
        TABLE 23 INDUSTRIAL SERVICES MARKET FOR PLC, BY TYPE, 2020–2025 (USD MILLION)
        TABLE 24 INDUSTRIAL SERVICES MARKET FOR PLC, BY INDUSTRY, 2016–2019 (USD MILLION)
        TABLE 25 INDUSTRIAL SERVICES MARKET FOR PLC, BY INDUSTRY, 2020–2025 (USD MILLION)
        TABLE 26 INDUSTRIAL SERVICES MARKET FOR PLC, BY REGION, 2016–2019 (USD MILLION)
        TABLE 27 INDUSTRIAL SERVICES MARKET FOR PLC, BY REGION, 2020–2025 (USD MILLION)
    7.4 SUPERVISORY CONTROL AND DATA ACQUISITION (SCADA)
        TABLE 28 INDUSTRIAL SERVICES MARKET FOR SCADA, BY TYPE, 2016–2019 (USD MILLION)
        TABLE 29 INDUSTRIAL SERVICES MARKET FOR SCADA, BY TYPE, 2020–2025 (USD MILLION)
        TABLE 30 INDUSTRIAL SERVICES MARKET FOR SCADA, BY INDUSTRY, 2016–2019 (USD MILLION)
        TABLE 31 INDUSTRIAL SERVICES MARKET FOR SCADA, BY INDUSTRY, 2020–2025 (USD MILLION)
        TABLE 32 INDUSTRIAL SERVICES MARKET FOR SCADA, BY REGION, 2016–2019 (USD MILLION)
        TABLE 33 INDUSTRIAL SERVICES MARKET FOR SCADA, BY REGION, 2020–2025 (USD MILLION)
    7.5 MOTORS & DRIVES
           7.5.1 DIGITIZATION SCENARIO
                    7.5.1.1 Artificial intelligence
                    7.5.1.2 Smart sensor
                    7.5.1.3 Connectivity
           7.5.2 OTHER SERVICES
                    7.5.2.1 Repair and maintenance
                    7.5.2.2 Parts Replacement
                            TABLE 34 INDUSTRIAL SERVICES MARKET FOR MOTORS & DRIVES, BY TYPE, 2016–2019 (USD MILLION)
                            TABLE 35 INDUSTRIAL SERVICES MARKET FOR MOTORS & DRIVES, BY TYPE, 2020–2025 (USD MILLION)
                            TABLE 36 INDUSTRIAL SERVICES MARKET FOR MOTORS & DRIVES, BY INDUSTRY, 2016–2019 (USD MILLION)
                            TABLE 37 INDUSTRIAL SERVICES MARKET FOR MOTORS & DRIVES, BY INDUSTRY, 2020–2025 (USD MILLION)
                            TABLE 38 INDUSTRIAL SERVICES MARKET FOR MOTORS & DRIVES, BY REGION, 2016–2019 (USD MILLION)
                            TABLE 39 INDUSTRIAL SERVICES MARKET FOR MOTORS & DRIVES, BY REGION, 2020–2025 (USD MILLION)
    7.6 HUMAN MACHINE INTERFACE (HMI)
        TABLE 40 INDUSTRIAL SERVICE MARKET FOR HMI, BY TYPE, 2016–2019 (USD MILLION)
        TABLE 41 INDUSTRIAL SERVICES MARKET FOR HMI, BY TYPE, 2020–2025 (USD MILLION)
        TABLE 42 INDUSTRIAL SERVICES MARKET FOR HMI, BY INDUSTRY, 2016–2019 (USD MILLION)
        TABLE 43 INDUSTRIAL SERVICES MARKET FOR HMI, BY INDUSTRY, 2020–2025 (USD MILLION)
        TABLE 44 INDUSTRIAL SERVICES MARKET FOR HMI, BY REGION, 2016–2019 (USD MILLION)
        TABLE 45 INDUSTRIAL SERVICES MARKET FOR HMI, BY REGION, 2020–2025 (USD MILLION)
    7.7 MANUFACTURING EXECUTION SYSTEM (MES)
        TABLE 46 INDUSTRIAL SERVICES MARKET FOR MES, BY TYPE, 2016–2019 (USD MILLION)
        TABLE 47 INDUSTRIAL SERVICES MARKET FOR MES, BY TYPE, 2020–2025 (USD MILLION)
        TABLE 48 INDUSTRIAL SERVICES MARKET FOR MES, BY INDUSTRY, 2016–2019 (USD MILLION)
        TABLE 49 INDUSTRIAL SERVICES MARKET FOR MES, BY INDUSTRY, 2020–2025 (USD MILLION)
        TABLE 50 INDUSTRIAL SERVICES MARKET FOR MES, BY REGION, 2016–2019 (USD MILLION)
        TABLE 51 INDUSTRIAL SERVICES MARKET FOR MES, BY REGION, 2020–2025 (USD MILLION)
    7.8 SAFETY SYSTEMS
           7.8.1 BURNER MANAGEMENT SYSTEM (BMS)
           7.8.2 EMERGENCY SHUTDOWN SYSTEM (ESD)
           7.8.3 FIRE & GAS MONITORING & CONTROL
           7.8.4 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS (HIPPS)
           7.8.5 TURBOMACHINERY CONTROL (TMC)
                 TABLE 52 INDUSTRIAL SERVICES MARKET FOR SAFETY SYSTEM, BY TYPE, 2016–2019 (USD MILLION)
                 TABLE 53 INDUSTRIAL SERVICES MARKET FOR SAFETY SYSTEM, BY TYPE, 2020–2025 (USD MILLION)
                 TABLE 54 INDUSTRIAL SERVICES MARKET FOR SAFETY SYSTEM, BY INDUSTRY, 2016–2019 (USD MILLION)
                 TABLE 55 INDUSTRIAL SERVICES MARKET FOR SAFETY SYSTEM, BY INDUSTRY, 2020–2025 (USD MILLION)
                 TABLE 56 INDUSTRIAL SERVICES MARKET FOR SAFETY SYSTEM, BY REGION, 2016–2019 (USD MILLION)
                 TABLE 57 INDUSTRIAL SERVICES MARKET FOR SAFETY SYSTEM, BY REGION, 2020–2025 (USD MILLION)
    7.9 INDUSTRIAL PC
        TABLE 58 INDUSTRIAL SERVICES MARKET FOR INDUSTRIAL PC, BY TYPE, 2016–2019 (USD MILLION)
        TABLE 59 INDUSTRIAL SERVICES MARKET FOR INDUSTRIAL PC, BY TYPE, 2020–2025 (USD MILLION)
        TABLE 60 INDUSTRIAL SERVICES MARKET FOR INDUSTRIAL PC, BY INDUSTRY, 2016–2019 (USD MILLION)
        TABLE 61 INDUSTRIAL SERVICES MARKET FOR INDUSTRIAL PC, BY INDUSTRY, 2020–2025 (USD MILLION)
        TABLE 62 INDUSTRIAL SERVICES MARKET FOR INDUSTRIAL PC, BY REGION, 2016–2019 (USD MILLION)
        TABLE 63 INDUSTRIAL SERVICES MARKET FOR INDUSTRIAL PC, BY REGION, 2020–2025 (USD MILLION)
    7.10 INDUSTRIAL 3D PRINTING
         TABLE 64 INDUSTRIAL SERVICES MARKET FOR INDUSTRIAL 3D PRINTING, BY TYPE, 2016–2019 (USD MILLION)
         TABLE 65 INDUSTRIAL SERVICES MARKET FOR INDUSTRIAL 3D PRINTING, BY TYPE, 2020–2025 (USD MILLION)
         TABLE 66 INDUSTRIAL SERVICES MARKET FOR INDUSTRIAL 3D PRINTING, BY INDUSTRY, 2016–2019 (USD MILLION)
         TABLE 67 INDUSTRIAL SERVICES MARKET FOR INDUSTRIAL 3D PRINTING, BY INDUSTRY, 2020–2025 (USD MILLION)
         TABLE 68 INDUSTRIAL SERVICES MARKET FOR INDUSTRIAL 3D PRINTING, BY REGION, 2016–2019 (USD MILLION)
         TABLE 69 INDUSTRIAL SERVICES MARKET FOR INDUSTRIAL 3D PRINTING, BY REGION, 2020–2025 (USD MILLION)
    7.11 INDUSTRIAL ROBOTICS
         TABLE 70 INDUSTRIAL SERVICES MARKET FOR INDUSTRIAL ROBOTICS, BY TYPE, 2016–2019 (USD MILLION)
         TABLE 71 INDUSTRIAL SERVICES MARKET FOR INDUSTRIAL ROBOTICS, BY TYPE, 2020–2025 (USD MILLION)
         TABLE 72 INDUSTRIAL SERVICES FOR INDUSTRIAL ROBOTICS MARKET, BY INDUSTRY, 2016–2019 (USD MILLION)
         TABLE 73 INDUSTRIAL SERVICES MARKET FOR INDUSTRIAL ROBOTICS, BY INDUSTRY, 2020–2025 (USD MILLION)
         TABLE 74 INDUSTRIAL SERVICES MARKET FOR INDUSTRIAL ROBOTICS, BY REGION, 2016–2019 (USD MILLION)
         TABLE 75 INDUSTRIAL SERVICES MARKET FOR INDUSTRIAL ROBOTICS, BY REGION, 2020–2025 (USD MILLION)

8 INDUSTRIAL SERVICES MARKET, BY INDUSTRY (Page No. - 106)
    8.1 INTRODUCTION
        FIGURE 23 INDUSTRIAL SERVICES MARKET, BY INDUSTRY
        FIGURE 24 INDUSTRIAL SERVICES MARKET FOR FOOD & BEVERAGES INDUSTRY EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
        TABLE 76 INDUSTRIAL SERVICES MARKET, BY INDUSTRY, 2016–2019 (USD MILLION)
        TABLE 77 INDUSTRIAL SERVICES MARKET, BY INDUSTRY, 2020–2025 (USD MILLION)
    8.2 AUTOMOTIVE
        TABLE 78 INDUSTRIAL SERVICES MARKET FOR AUTOMOTIVE, BY APPLICATION, 2016–2019 (USD MILLION)
        TABLE 79 INDUSTRIAL SERVICES MARKET FOR AUTOMOTIVE, BY APPLICATION, 2020–2025 (USD MILLION)
           8.2.1 IMPACT OF COVID-19 ON AUTOMOTIVE INDUSTRY
    8.3 AEROSPACE
        TABLE 80 INDUSTRIAL SERVICES MARKET FOR AEROSPACE, BY APPLICATION, 2016–2019 (USD MILLION)
        TABLE 81 INDUSTRIAL SERVICES MARKET FOR AEROSPACE, BY APPLICATION, 2020–2025 (USD MILLION)
           8.3.1 IMPACT OF COVID-19 ON AEROSPACE INDUSTRY
    8.4 CHEMICALS
        TABLE 82 INDUSTRIAL SERVICES MARKET FOR CHEMICAL, BY APPLICATION, 2016–2019 (USD MILLION)
        TABLE 83 INDUSTRIAL SERVICES MARKET FOR CHEMICAL, BY APPLICATION, 2020–2025 (USD MILLION)
           8.4.1 IMPACT OF COVID-19 ON CHEMICALS INDUSTRY
    8.5 FOOD & BEVERAGES
        TABLE 84 INDUSTRIAL SERVICES MARKET FOR FOOD & BEVERAGE, BY APPLICATION, 2016–2019 (USD MILLION)
        TABLE 85 INDUSTRIAL SERVICES MARKET FOR FOOD & BEVERAGE, BY APPLICATION, 2020–2025 (USD MILLION)
           8.5.1 IMPACT OF COVID-19 ON FOOD & BEVERAGES INDUSTRY
    8.6 HEALTHCARE & PHARMACEUTICALS
        TABLE 86 INDUSTRIAL SERVICES MARKET FOR HEALTHCARE & PHARMACEUTICALS, BY APPLICATION, 2016–2019 (USD MILLION)
        TABLE 87 INDUSTRIAL SERVICES MARKET FOR HEALTHCARE & PHARMACEUTICALS, BY APPLICATION, 2020–2025 (USD MILLION)
           8.6.1 IMPACT OF COVID-19 ON HEALTHCARE & PHARMACEUTICAL INDUSTRY
    8.7 OIL & GAS
        TABLE 88 INDUSTRIAL SERVICES MARKET FOR OIL & GAS, BY APPLICATION, 2016–2019 (USD MILLION)
        TABLE 89 INDUSTRIAL SERVICES MARKET FOR OIL & GAS, BY APPLICATION, 2020–2025 (USD MILLION)
           8.7.1 IMPACT OF COVID-19 ON OIL & GAS INDUSTRY
    8.8 METALS & MINING
        TABLE 90 INDUSTRIAL SERVICES MARKET FOR METAL & MINING, BY APPLICATION, 2016–2019 (USD MILLION)
        TABLE 91 INDUSTRIAL SERVICES MARKET FOR METAL & MINING, BY APPLICATION, 2020–2025 (USD MILLION)
           8.8.1 IMPACT OF COVID-19 ON METAL & MINING INDUSTRY
    8.9 ENERGY & POWER
        TABLE 92 INDUSTRIAL SERVICES MARKET FOR ENERGY & POWER, BY APPLICATION, 2016–2019 (USD MILLION)
        TABLE 93 INDUSTRIAL SERVICES MARKET FOR ENERGY & POWER, BY APPLICATION, 2020–2025 (USD MILLION)
           8.9.1 IMPACT OF COVID-19 ON ENERGY & POWER INDUSTRY
    8.10 SEMICONDUCTOR & ELECTRONICS
         TABLE 94 INDUSTRIAL SERVICES MARKET FOR SEMICONDUCTOR & ELECTRONICS, BY APPLICATION, 2016–2019 (USD MILLION)
         TABLE 95 INDUSTRIAL SERVICES MARKET FOR SEMICONDUCTOR & ELECTRONICS, BY APPLICATION, 2020–2025 (USD MILLION)
           8.10.1 IMPACT OF COVID-19 ON SEMICONDUCTOR & ELECTRONICS INDUSTRY
    8.11 WATER & WASTEWATER
         TABLE 96 INDUSTRIAL SERVICES MARKET FOR WATER & WASTEWATER, BY APPLICATION, 2016–2019 (USD MILLION)
         TABLE 97 INDUSTRIAL SERVICES MARKET FOR WATER & WASTEWATER, BY APPLICATION, 2020–2025 (USD MILLION)
    8.12 OTHERS
         TABLE 98 INDUSTRIAL SERVICES MARKET FOR PAPER & PULP, BY APPLICATION, 2016–2019 (USD MILLION)
         TABLE 99 INDUSTRIAL SERVICES MARKET FOR PAPER & PULP, BY APPLICATION, 2020–2025 (USD MILLION)
         TABLE 100 INDUSTRIAL SERVICES MARKET FOR OTHERS, BY APPLICATION, 2016–2019 (USD MILLION)
         TABLE 101 INDUSTRIAL SERVICES MARKET FOR OTHERS, BY APPLICATION, 2020–2025 (USD MILLION)

9 GEOGRAPHIC ANALYSIS (Page No. - 125)
    9.1 INTRODUCTION
        FIGURE 25 INDUSTRIAL SERVICES MARKET: BY GEOGRAPHY
        FIGURE 26 INDUSTRIAL SERVICES MARKET IN APAC IS EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
        TABLE 102 INDUSTRIAL SERVICES MARKET, BY REGION, 2016–2019 (USD MILLION)
        TABLE 103 INDUSTRIAL SERVICES MARKET, BY REGION, 2020–2025 (USD MILLION)
    9.2 NORTH AMERICA
        TABLE 104 INDUSTRIAL SERVICES MARKET IN NORTH AMERICA, BY APPLICATION, 2016–2019 (USD MILLION)
        TABLE 105 INDUSTRIAL SERVICES MARKET IN NORTH AMERICA, BY APPLICATION, 2020–2025 (USD MILLION)
        TABLE 106 INDUSTRIAL SERVICES MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
        TABLE 107 INDUSTRIAL SERVICES MARKET IN NORTH AMERICA, BY COUNTRY, 2020–2025 (USD MILLION)
           9.2.1 COVID-19 IMPACT FOR INDUSTRIAL SERVICES IN NORTH AMERICA
                 FIGURE 27 SNAPSHOT: INDUSTRIAL SERVICES IN NORTH AMERICA
           9.2.2 US
                    9.2.2.1 Increasing adoption of innovative industrial services to increase productivity drives the market in US
           9.2.3 CANADA
                    9.2.3.1 Industrial services for the energy & power industry have a huge revenue potential in Canada
           9.2.4 MEXICO
                    9.2.4.1 Industries such as electronics, chemical, food & beverages, and mining play a vital role in growth of industrial services market in Mexico
    9.3 EUROPE
        TABLE 108 INDUSTRIAL SERVICES MARKET IN EUROPE, BY APPLICATION, 2016–2019 (USD MILLION)
        TABLE 109 INDUSTRIAL SERVICES MARKET IN EUROPE, BY APPLICATION, 2020–2025 (USD MILLION)
        TABLE 110 INDUSTRIAL SERVICES MARKET IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
        TABLE 111 INDUSTRIAL SERVICES MARKET IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION)
           9.3.1 IMPACT OF COVID-19 ON INDUSTRIAL SERVICES MARKET IN EUROPE
                 FIGURE 28 SNAPSHOT: INDUSTRIAL SERVICES MARKET IN EUROPE
           9.3.2 UK
                    9.3.2.1 Growing base of automation equipment would drive the growth of the industrial services market in the coming years in UK
           9.3.3 FRANCE
                    9.3.3.1 Increasing focus of the French government toward a reduction in energy usage and emission of greenhouse gases is expected to increase the demand of industrial services market
           9.3.4 GERMANY
                    9.3.4.1 Stringent government regulations are expected to boost the industrial services market in Germany
           9.3.5 REST OF EUROPE
    9.4 ASIA PACIFIC
        TABLE 112 INDUSTRIAL SERVICES MARKET IN APAC, BY APPLICATION, 2016–2019 (USD MILLION)
        TABLE 113 INDUSTRIAL SERVICES MARKET IN APAC, BY APPLICATION, 2020–2025 (USD MILLION)
        TABLE 114 INDUSTRIAL SERVICES MARKET IN APAC, BY COUNTRY, 2016–2019 (USD MILLION)
        TABLE 115 INDUSTRIAL SERVICES MARKET IN APAC, BY COUNTRY, 2020–2025 (USD MILLION)
           9.4.1 COVID-19 IMPACT FOR INDUSTRIAL SERVICES IN APAC
                 FIGURE 29 SNAPSHOT: INDUSTRIAL SERVICES MARKET IN APAC
           9.4.2 CHINA
                    9.4.2.1 Heightened demand from oil & gas and chemicals industries driving industrial services market growth in China
           9.4.3 INDIA
                    9.4.3.1 Increase in adoption of automation solutions in the manufacturing industries in India drives the industrial services market
           9.4.4 JAPAN
                    9.4.4.1 Industrial Internet of Things (IIoT)-based services such as remote monitoring and predictive maintenance would drive the growth of the industrial services market in Japan
           9.4.5 REST OF APAC
    9.5 REST OF THE WORLD (ROW)
        TABLE 116 INDUSTRIAL SERVICES MARKET IN ROW, BY APPLICATION, 2016–2019 (USD MILLION)
        TABLE 117 INDUSTRIAL SERVICES MARKET IN ROW, BY APPLICATION, 2020–2025 (USD MILLION)
        TABLE 118 INDUSTRIAL SERVICES MARKET IN ROW, BY COUNTRY, 2016–2019 (USD MILLION)
        TABLE 119 INDUSTRIAL SERVICES MARKET IN ROW, BY COUNTRY, 2020–2025 (USD MILLION)
           9.5.1 IMPACT OF COVID-19 ON MARKET IN ROW
           9.5.2 SOUTH AMERICA
                    9.5.2.1 Rising mechanization and increasing inclination of organizations toward adopting safety measures are driving the growth of the industrial services market in South America
           9.5.3 MIDDLE EAST
                    9.5.3.1 Oil and gas industry offers huge scope for the industrial services market in Middle East
           9.5.4 AFRICA
                    9.5.4.1 Industrial developments by African government to drive the industrial services market

10 COMPETITIVE LANDSCAPE (Page No. - 142)
     10.1 OVERVIEW
     10.2 TOP 5 COMPANY REVENUE ANALYSIS
          FIGURE 30 REVENUE ANALYSIS OF TOP 5 KEY PLAYERS IN INDUSTRIAL SERVICES MARKET, 2016–2019
     10.3 MARKET SHARE ANALYSIS: INDUSTRIAL SERVICES MARKET
          TABLE 120 MARKET SHARE OF TOP 5 KEY PLAYERS IN INDUSTRIAL SERVICES MARKET, 2019
     10.4 COMPANY EVALUATION QUADRANT
             10.4.1 STAR
             10.4.2 EMERGING
             10.4.3 PERVASIVE
             10.4.4 PARTICIPANT
                    FIGURE 31 INDUSTRIAL SERVICES MARKET (GLOBAL) COMPANY EVALUATION QUADRANT, 2019
     10.5 STRENGTH OF PRODUCT PORTFOLIO
          FIGURE 32 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN INDUSTRIAL SERVICES MARKET
     10.6 BUSINESS STRATEGY EXCELLENCE
          FIGURE 33 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN INDUSTRIAL SERVICES MARKET
     10.7 STARTUP/SME EVALUATION QUADRANT
             10.7.1 PROGRESSIVE COMPANIES
             10.7.2 RESPONSIVE COMPANIES
             10.7.3 DYNAMIC COMPANIES
             10.7.4 STARTING BLOCKS
                    FIGURE 34 START-UP: INDUSTRIAL SERVICES MARKET (GLOBAL) COMPANY EVALUATION QUADRANT, 2019
     10.8 COMPETITIVE SITUATION & TRENDS
             10.8.1 CONTRACTS, AGREEMENTS, AND PARTNERSHIPS
                    TABLE 121 CONTRACTS, AGREEMENTS, AND PARTNERSHIPS, 2018–2020
             10.8.2 PRODUCT LAUNCHES & DEVELOPMENTS
                    TABLE 122 PRODUCT LAUNCHES AND DEVELOPMENTS, 2018–2020
             10.8.3 OTHERS
                    TABLE 123 OTHERS, 2017–2019

11 COMPANY PROFILES (Page No. - 151)
(Business Overview, Products/ Services Offered, Recent Developments, SWOT Analysis, MnM view and COVID-19-related developments/strategies)*
     11.1 INTRODUCTION
     11.2 KEY PLAYERS
             11.2.1 ABB
                    FIGURE 35 ABB: COMPANY SNAPSHOT
             11.2.2 HONEYWELL INTERNATIONAL
                    FIGURE 36 HONEYWELL INTERNATIONAL : COMPANY SNAPSHOT
             11.2.3 ROCKWELL AUTOMATION
                    FIGURE 37 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
             11.2.4 SCHNEIDER ELECTRIC
                    FIGURE 38 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
             11.2.5 SIEMENS AG
                    FIGURE 39 SIEMENS AG: COMPANY SNAPSHOT
             11.2.6 GENERAL ELECTRIC
                    FIGURE 40 GENERAL ELECTRIC: COMPANY SNAPSHOT
             11.2.7 EMERSON ELECTRIC
                    FIGURE 41 EMERSON ELECTRIC: COMPANY SNAPSHOT
             11.2.8 YOKOGAWA
                    FIGURE 42 YOKOGAWA: COMPANY SNAPSHOT
     11.3 OTHER PROMINENT PLAYERS
             11.3.1 ATS AUTOMATION
             11.3.2 METSO CORPORATION
             11.3.3 MITSUBISHI
             11.3.4 YASKAWA ELECTRIC CORPORATION
             11.3.5 DYNAMYSK AUTOMATION LTD
             11.3.6 INTECH PROCESS AUTOMATION
             11.3.7 PRIME CONTROLS LP
             11.3.8 WUNDERLICH-MALEC ENGINEERING
             11.3.9 WOOD GROUP MUSTANG
             11.3.10 SKF AB
             11.3.11 SAMSON

*Details on Business Overview, Products/ Services Offered, Recent Developments, SWOT Analysis, MnM view and COVID-19-related developments/strategies might not be captured in case of unlisted companies.

12 ADJACENT & RELATED MARKETS (Page No. - 179)
     12.1 INTRODUCTION
     12.2 LIMITATIONS
     12.3 INDUSTRIAL SAFETY MARKET, BY COMPONENT
          TABLE 124 INDUSTRIAL SAFETY MARKET, BY COMPONENT, 2016–2019 (USD MILLION)
          TABLE 125 INDUSTRIAL SAFETY MARKET BY COMPONENT, 2020–2025 (USD MILLION)
     12.4 INDUSTRIAL SAFETY MARKET, BY SYSTEM
          TABLE 126 INDUSTRIAL SAFETY MARKET, BY SYSTEM, 2016–2019 (USD MILLION)
          TABLE 127 INDUSTRIAL SAFETY MARKET, BY SYSTEM, 2020–2025 (USD MILLION)
     12.5 EMERGENCY SHUTDOWN SYSTEMS
             12.5.1 EMERGENCY SHUTDOWN SYSTEMS HELD LARGEST SIZE OF INDUSTRIAL SAFETY MARKET IN 2019
                    TABLE 128 INDUSTRIAL SAFETY MARKET FOR EMERGENCY SHUTDOWN SYSTEM, BY COMPONENT, 2016–2019 (USD MILLION)
                    TABLE 129 INDUSTRIAL SAFETY MARKET FOR EMERGENCY SHUTDOWN SYSTEM, BY COMPONENT, 2020–2025 (USD MILLION)
                    TABLE 130 EMERGENCY SHUTDOWN SYSTEM MARKET FOR OIL & GAS, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 131 EMERGENCY SHUTDOWN SYSTEM MARKET FOR OIL & GAS, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 132 EMERGENCY SHUTDOWN SYSTEM MARKET FOR ENERGY & POWER, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 133 EMERGENCY SHUTDOWN SYSTEM MARKET FOR ENERGY & POWER, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 134 EMERGENCY SHUTDOWN SYSTEM MARKET FOR CHEMICAL, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 135 EMERGENCY SHUTDOWN SYSTEM MARKET FOR CHEMICAL, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 136 EMERGENCY SHUTDOWN SYSTEM MARKET FOR FOOD & BEVERAGES, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 137 EMERGENCY SHUTDOWN SYSTEM MARKET FOR FOOD & BEVERAGES, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 138 EMERGENCY SHUTDOWN SYSTEM MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 139 EMERGENCY SHUTDOWN SYSTEM MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 140 EMERGENCY SHUTDOWN SYSTEM MARKET FOR AUTOMOTIVE, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 141 EMERGENCY SHUTDOWN SYSTEM MARKET FOR AUTOMOTIVE, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 142 EMERGENCY SHUTDOWN SYSTEM MARKET FOR SEMICONDUCTOR, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 143 EMERGENCY SHUTDOWN SYSTEM MARKET FOR SEMICONDUCTOR, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 144 EMERGENCY SHUTDOWN SYSTEM MARKET FOR HEALTHCARE & PHARMACEUTICALS, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 145 EMERGENCY SHUTDOWN SYSTEM MARKET FOR HEALTHCARE & PHARMACEUTICALS, BY REGION, 2020–2025 (USD MILLION)
             12.5.2 IMPACT OF COVID-19 ON EMERGENCY SHUTDOWN SYSTEMS
     12.6 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS
             12.6.1 RISING DEMAND FOR RELIABLE SAFETY SOLUTIONS FOR PERSONNEL AND ASSET PROTECTION IN HIGH-PRESSURE ENVIRONMENTS SPURS MARKET GROWTH
                    TABLE 146 INDUSTRIAL SAFETY MARKET FOR HIGH-INTEGRITY PRESSURE PROTECTION SYSTEM, BY COMPONENT, 2016–2019 (USD MILLION)
                    TABLE 147 INDUSTRIAL SAFETY MARKET FOR HIGH-INTEGRITY PRESSURE PROTECTION SYSTEM, BY COMPONENT, 2020–2025 (USD MILLION)
                    TABLE 148 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEM MARKET FOR OIL & GAS, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 149 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEM MARKET FOR OIL & GAS, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 150 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEM MARKET FOR ENERGY & POWER, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 151 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEM MARKET FOR ENERGY & POWER, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 152 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEM MARKET FOR CHEMICAL, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 153 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEM MARKET FOR CHEMICAL, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 154 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEM MARKET FOR FOOD & BEVERAGES, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 155 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEM MARKET FOR FOOD & BEVERAGES, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 156 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEM MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 157 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEM MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 158 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEM MARKET FOR AUTOMOTIVE, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 159 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEM MARKET FOR AUTOMOTIVE, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 160 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEM MARKET FOR SEMICONDUCTOR, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 161 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEM MARKET FOR SEMICONDUCTOR, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 162 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEM MARKET FOR HEALTHCARE & PHARMACEUTICALS, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 163 HIGH-INTEGRITY PRESSURE PROTECTION SYSTEM MARKET FOR HEALTHCARE & PHARMACEUTICALS, BY REGION, 2020–2025 (USD MILLION)
             12.6.2 IMPACT OF COVID-19 ON MARKET FOR HIGH-INTEGRITY PRESSURE PROTECTION SYSTEMS
     12.7 BURNER MANAGEMENT SYSTEMS
             12.7.1 BMS HELPS IN RELIABLE MONITORING, OPERATIONS, AND MAINTENANCE OF ALL ASSETS IN PLANTS
                    TABLE 164 INDUSTRIAL SAFETY MARKET FOR BURNER MANAGEMENT SYSTEM, BY COMPONENT, 2016–2019 (USD MILLION)
                    TABLE 165 INDUSTRIAL SAFETY MARKET FOR BURNER MANAGEMENT SYSTEM, BY COMPONENT, 2020–2025 (USD MILLION)
                    TABLE 166 BURNER MANAGEMENT SYSTEM MARKET FOR OIL & GAS, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 167 BURNER MANAGEMENT SYSTEM MARKET FOR OIL & GAS, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 168 BURNER MANAGEMENT SYSTEM MARKET FOR ENERGY & POWER, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 169 BURNER MANAGEMENT SYSTEM MARKET FOR ENERGY & POWER, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 170 BURNER MANAGEMENT SYSTEM MARKET FOR CHEMICAL, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 171 BURNER MANAGEMENT SYSTEM MARKET FOR CHEMICAL, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 172 BURNER MANAGEMENT SYSTEM MARKET FOR FOOD & BEVERAGES, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 173 BURNER MANAGEMENT SYSTEM MARKET FOR FOOD & BEVERAGES, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 174 BURNER MANAGEMENT SYSTEM MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 175 BURNER MANAGEMENT SYSTEM MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 176 BURNER MANAGEMENT SYSTEM MARKET FOR AUTOMOTIVE, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 177 BURNER MANAGEMENT SYSTEM MARKET FOR AUTOMOTIVE, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 178 BURNER MANAGEMENT SYSTEM MARKET FOR SEMICONDUCTOR, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 179 BURNER MANAGEMENT SYSTEM MARKET FOR SEMICONDUCTOR, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 180 BURNER MANAGEMENT SYSTEM MARKET FOR HEALTHCARE & PHARMACEUTICALS, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 181 BURNER MANAGEMENT SYSTEM MARKET FOR HEALTHCARE & PHARMACEUTICALS, BY REGION, 2020–2025 (USD MILLION)
             12.7.2 IMPACT OF COVID-19 ON MARKET FOR BURNER MANAGEMENT SYSTEMS
     12.8 FIRE & GAS MONITORING SYSTEM
             12.8.1 FIRE & GAS MONITORING SYSTEMS MAINLY USED TO PREVENT AND LOWER AFTER-EFFECTS OF FIRE ACCIDENTS
                    TABLE 182 INDUSTRIAL SAFETY MARKET FOR FIRE & GAS MONITORING SYSTEM, BY COMPONENT, 2016–2019 (USD MILLION)
                    TABLE 183 INDUSTRIAL SAFETY MARKET FOR FIRE & GAS MONITORING SYSTEM, BY COMPONENT, 2020–2025 (USD MILLION)
                    TABLE 184 FIRE & GAS MONITORING SYSTEM MARKET FOR OIL & GAS, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 185 FIRE & GAS MONITORING SYSTEM MARKET FOR OIL & GAS, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 186 FIRE & GAS MONITORING SYSTEM MARKET FOR ENERGY & POWER, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 187 FIRE & GAS MONITORING SYSTEM MARKET FOR ENERGY & POWER, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 188 FIRE & GAS MONITORING SYSTEM MARKET FOR CHEMICAL, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 189 FIRE & GAS MONITORING SYSTEM MARKET FOR CHEMICAL, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 190 FIRE & GAS MONITORING SYSTEM MARKET FOR FOOD & BEVERAGES, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 191 FIRE & GAS MONITORING SYSTEM MARKET FOR FOOD & BEVERAGES, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 192 FIRE & GAS MONITORING SYSTEM MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 193 FIRE & GAS MONITORING SYSTEM MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 194 FIRE & GAS MONITORING SYSTEM MARKET FOR AUTOMOTIVE, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 195 FIRE & GAS MONITORING SYSTEM MARKET FOR AUTOMOTIVE, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 196 FIRE & GAS MONITORING SYSTEM MARKET FOR SEMICONDUCTOR, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 197 FIRE & GAS MONITORING SYSTEM MARKET FOR SEMICONDUCTOR, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 198 FIRE & GAS MONITORING SYSTEM MARKET FOR HEALTHCARE & PHARMACEUTICAL, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 199 FIRE & GAS MONITORING SYSTEM MARKET FOR HEALTHCARE & PHARMACEUTICAL, BY REGION, 2020–2025 (USD MILLION)
             12.8.2 IMPACT OF COVID-19 ON FIRE & GAS MONITORING SYSTEM
     12.9 TURBOMACHINERY CONTROL SYSTEM
             12.9.1 TMC PROVIDES TIGHT CONTROL OVER SPEED OF STEAM, HYDRO, AND GAS TURBINES
                    TABLE 200 INDUSTRIAL SAFETY MARKET FOR TURBOMACHINERY CONTROL SYSTEM, BY COMPONENT, 2016–2019 (USD MILLION)
                    TABLE 201 INDUSTRIAL SAFETY MARKET FOR TURBOMACHINERY CONTROL SYSTEM, BY COMPONENT, 2020–2025 (USD MILLION)
                    TABLE 202 TURBOMACHINERY CONTROL SYSTEM MARKET FOR OIL & GAS, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 203 TURBOMACHINERY CONTROL SYSTEM MARKET FOR OIL & GAS, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 204 TURBOMACHINERY CONTROL SYSTEM MARKET FOR ENERGY & POWER, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 205 TURBOMACHINERY CONTROL SYSTEM MARKET FOR ENERGY & POWER, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 206 TURBOMACHINERY CONTROL SYSTEM MARKET FOR CHEMICAL, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 207 TURBOMACHINERY CONTROL SYSTEM MARKET FOR CHEMICAL, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 208 TURBOMACHINERY CONTROL SYSTEM MARKET FOR FOOD & BEVERAGES, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 209 TURBOMACHINERY CONTROL SYSTEM MARKET FOR FOOD & BEVERAGES, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 210 TURBOMACHINERY CONTROL SYSTEM MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 211 TURBOMACHINERY CONTROL SYSTEM MARKET FOR AEROSPACE & DEFENSE, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 212 TURBOMACHINERY CONTROL SYSTEM MARKET FOR AUTOMOTIVE, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 213 TURBOMACHINERY CONTROL SYSTEM MARKET FOR AUTOMOTIVE, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 214 TURBOMACHINERY CONTROL SYSTEM MARKET FOR SEMICONDUCTOR, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 215 TURBOMACHINERY CONTROL SYSTEM MARKET FOR SEMICONDUCTOR, BY REGION, 2020–2025 (USD MILLION)
                    TABLE 216 TURBOMACHINERY CONTROL SYSTEM MARKET FOR HEALTHCARE & PHARMACEUTICALS, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 217 TURBOMACHINERY CONTROL SYSTEM MARKET FOR HEALTHCARE & PHARMACEUTICALS, BY REGION, 2020–2025 (USD MILLION)
             12.9.2 IMPACT OF COVID-19 ON MARKET FOR TURBOMACHINERY CONTROL SYSTEM

13 APPENDIX (Page No. - 217)
     13.1 DISCUSSION GUIDE—INDUSTRIAL SERVICE MARKET
     13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     13.3 AVAILABLE CUSTOMIZATIONS
     13.4 RELATED REPORTS
     13.5 AUTHOR DETAILS

The study involves four major activities for estimating the size of the industrial services market. Exhaustive secondary research has been conducted to collect information related to the market. The next step has been the validation of these findings, assumptions, and sizing with the industry experts across the value chain through primary research. Both top-down and bottom-up approaches have been employed to estimate the overall size of the industrial services market. After that, market breakdown and data triangulation procedures have been used to determine the extent of different segments and subsegments of the market. The impact and implication of COVID-19 on manufacturing industries and solutions have also been discussed in this section. Primary sources from the supply side include experts such as CEOs, vice presidents, marketing directors, business development executives, OEMs, component manufacturers, and solution providers, and related executives from various key companies and organizations operating in the industrial services ecosystem.

Secondary Research

In the secondary research process, various secondary sources have been referred to for identifying and collecting information important for this study. The secondary sources used for this research study include government sources; corporate filings (such as annual reports, investor presentations, and financial statements); and trade, business, and professional associations. The secondary data have been sourced from associations such as  International Electrotechnical Commission, International Organization for Standardization, Occupational Safety and Health Administration, American National Standards Institute, National Fire Protection Association, National Institute of Standards and Technology, International Safety Equipment Association, Asia Industrial Gases Association, US Oil & Gas Association, and European Automobile Manufacturers' Association among others.

Primary Research

In the primary research process, primary sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information important for this report. Primary sources, such as experts from related industries and suppliers, have been interviewed to obtain and verify critical information, as well as assess prospects. Key players such as such as ABB Ltd. (Switzerland), Emerson Electric Co. (US), General Electric Co. (US), Honeywell International Inc. (US), Schneider Electric SE (France), Rockwell Automation, Inc. (US), Siemens AG (Germany), Yokogawa Electric Corp. (Japan), Mitsubishi Electric Corporation (Japan), and Metso Corporation (Finland) in the industrial services market have been identified through secondary research, and their respective market rankings have been determined through primary and secondary research. This research includes the study of annual reports of the top market players and interviews with key opinion leaders, such as chief executive officers (CEOs), directors, and marketing personnel.

Industrial Services Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

In the complete market engineering process, both top-down and bottom-up approaches have been implemented, along with several data triangulation methods, to estimate and validate the size of the industrial services market and other dependent submarkets listed in this report.

  • Identifying different applications currently provided or expected to be offered by service providers
  • Analyzing the market penetration of each application through secondary and primary research for both pre- and post-COVID-19 scenarios
  • Identifying the ratio for various industrial services type demanded by end-user industries, and the anticipated change in the demand in the post-COVID-19 scenario
  • Conducting multiple discussion sessions with key opinion leaders to understand various type of industrial services and applications in various industries, which would help in analyzing the breakup of the scope of work carried out by each major company; the discussion also includes the impact of COVID-19 on the ecosystem of the market
  • Estimating the size of the industrial services market based on the demand-side scenario
  • Tracking ongoing and upcoming product launches by companies, and forecasting market based on these developments and other critical parameters
  • Conducting multiple discussions with key opinion leaders to understand the demand for industrial service, and analyzing the break-up of the scope of work carried out by each major company.
  • Arriving at market estimates by analyzing revenues generated by manufacturers, based on their locations (countries), and then combining country-based data to get a market estimate based on region
  • Verifying and crosschecking estimates at every level by discussing with key opinion leaders, including CEOs, directors, operation managers, and then finally with domain experts at MarketsandMarkets

Data Triangulation

After arriving at the overall market size, the total market has been split into several segments. To complete the overall market engineering process and arrive at exact statistics for all segments, the market breakdown and data triangulation procedures have been employed wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.

Study Objectives:

  • To describe and forecast the industrial services market size, by type, application, and industry, in terms of value
  • To describe and forecast the market size for regions, namely, North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW), in terms of value
  • To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the market growth
  • To provide a detailed overview of the value chain and ecosystem of the industrial services market
  • To analyze opportunities for stakeholders in the industrial services market by identifying its high-growth segments
  • To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to a company’s specific need. The following customization options are available for the report.

Company information

  • Detailed analysis and profiling of additional market players (up to 5)
  • Market share analysis of top 5 suppliers
COVID-19

Get in-depth analysis of the COVID-19 impact on the Industrial Services Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Industrial Services Market

Request For Special Pricing
Report Code
SE 5408
Published ON
Dec, 2020
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Industrial Services Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2021 MarketsandMarkets Research Private Ltd. All rights reserved