Industrial Services Industry

The report "Industrial Services Market by SCADA, DCS, MES, Robotics, PLC, Safety System, Industrial PC, 3D Printing, Motor & Drive, PLC, HMI, Service Type (Engineering & Consulting, Installation & Commissioning, Improvement & Maintenance) - Global Forecast to 2030" The industrial services market is projected to grow from USD 34.41 billion in 2025 to USD 54.69 billion by 2030, registering a CAGR of 9.7%. Industrial services are critical in enhancing operational efficiency, particularly in sectors adopting automation, digitalization, and advanced manufacturing frameworks. As industries move toward smart operations, industrial service solutions provide essential equipment maintenance, process optimization, and systems integration support. These services facilitate predictive maintenance, minimize downtime, and ensure the smooth operation of complex machinery and infrastructure. Technological advancements such as artificial intelligence (AI), the Internet of Things (IoT), and robotics are transforming industrial services by enabling remote diagnostics, real-time monitoring, and data-driven decision-making. The value of these services lies in their ability to improve productivity, reduce costs, and extend the lifespan of assets. Consequently, industrial services are becoming essential for driving sustainable growth and enhancing operational resilience across critical sectors, including manufacturing, energy, utilities, and transportation.

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Manufacturing execution systems to capture prominent market share in the industrial services market during the forecast period.

Manufacturing execution systems are expected to hold the largest market share in the industrial services market due to their critical role in improving operational efficiency, production visibility, and real-time decision-making. As manufacturers increasingly adopt digital technologies, the demand for MES rises to ensure seamless coordination between shop floor activities and enterprise planning systems. Industrial service providers support the implementation, customization, and integration of MES with ERP systems, driving their adoption in the industrial services market. Compliance requirements and the need for optimized workflows further boost the demand for MES-focused industrial services.

Pharmaceuticals to be the fastest-growing end-use industry in the industrial services market during the forecast period.

The pharmaceuticals industry is projected to exhibit the fastest CAGR in the industrial services market due to rising regulatory demands, technological advancements, and the need for highly controlled manufacturing environments. Industrial services are vital in ensuring compliance with Good Manufacturing Practices (GMPs), maintaining sterile conditions, and supporting automation in production processes. As pharmaceutical companies invest in advanced robotics, cleanroom technologies, and digital technologies such as blockchain for supply chain transparency, the demand for specialized industrial services is rising. These services are crucial for maintaining consistent product quality, minimizing risks, and addressing the complex operational needs of pharmaceutical manufacturing facilities.

US dominates industrial services market in North America during forecast period.

The US is expected to dominate the industrial services market in North America due to its strong manufacturing base, rising investments in advanced industrial infrastructure, and widespread adoption of predictive maintenance and automation technologies. Industrial service providers are key in enhancing efficiency, reducing downtime, and ensuring compliance across manufacturing, energy, and healthcare sectors. Significant investments by companies like Siemens and ABB in new service facilities further drive demand for industrial services, supporting the country’s position as a leader in operational innovation and industrial service deployment.

Key players

The industrial services market includes significant Tier I and II players such as ABB (Switzerland), Honeywell International Inc. (US), Rockwell Automation (US), Schneider Electric (France), Siemens (Germany), GE Vernova (US), Emerson Electric Co. (US), Yokogawa Electric Corporation (Japan), Eaton (Ireland), Mitsubishi Electric Corporation (Japan), ATS Corporation (sCanada), Metso (Finland), Yaskawa Electric Corporation (Japan), SKF (Sweden), and Atlas Copco AB (Sweden).

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