This Global Industrial Services Market Research Report is a resource, which offers current as well as upcoming technical and financial details of the ABC industry for the specific forecast period. The report exhibits important product developments and tracks recent acquisitions, mergers and research in the ABC industry by the key players. Global Industrial Services Market Report is a precise study of the ABC industry which explains what the market definition, classifications, applications, engagements, and global industry trends are. This Global Industrial Services Market Report is sure to help businesses for the long lasting accomplishments in terms of better decision making, revenue generation, prioritizing market goals and profitable business.
The Global Industrial Services Market accounted to USD 25.60 billion in 2016 growing at a CAGR of 5.68 % during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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The Industrial Services are the services which are provided by companies to the industries according to their need. The services includes in this are engineering and consulting, installation and commissioning and operational improvement and maintenance. The major driving factors which contribute the growth of the markets are increase in the POS devices and services, increase use in patient health monitoring devices and technological advancements. The industrial services used in various applications are PLC, SCADA, HMI, DCS, MES, Electric Motors & Drives, Valves, Actuators, and Safety Systems will grow the market further.
Major Market Drivers and Restraints:
- Growing Point of Sale (PoS) Devices and Services
- Increasing Patient Health Monitoring Devices
- Technological Advancements
- Government Initiatives
- Increasing demand for maintenance
Competitive Analysis: Global Industrial Services Market
Industrial Services market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Industrial Services market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors:
Some of the major players operating in industrial services market are
- AT&T Inc.
- Cisco Systems Inc.
- Commsolid GmbH
- Fanstel Corporation
- Vodafone Group PLC
- Murata Manufacturing Co. Ltd.
- U-blox Holding AG
- Gemalto N.V.
- Intel Corporation
- Texas Instruments Incorporated
- NXP Semiconductors N.V. among others.
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Market Segmentation:Global Industrial Services Market
By type the industrial services market is segmented into engineering and consulting, installation and commissioning and operational improvement and maintenance.
On the basis of application the market is segmented into Programmable logic controller (PLC), Supervisory control and data acquisition (SCADA), human machine interface (HMI), distributed control system (DCS), Manufacturing execution system (MES), electric motors & drives, valves, actuators and safety systems.
By end user the industrial services market is segmented into automotive, transportation and others.
On the basis of geography, industrial services market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Products of the report
- Historical and current market size and projection up to 2026.
- Competitive landscape
- Potential and niche segments/regions exhibiting promising growth
- The study provides an in-depth analysis of the global order management software market and current & future trends to elucidate imminent investment pockets.
- Analyze and forecast Global Industrial Services Market on the basis of type, function and application.
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.
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