Industrial Services Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Japan, India, Germany - Size and Forecast 2024-2028

Published: Nov 2023 Pages: 184 SKU: IRTNTR73391

Industrial Services Market Forecast 2024-2028

The industrial services market size is estimated to grow at a CAGR of 6.06% between 2023 and 2028. The market size is forecast to increase by USD 14.58 billion. The growth of the market depends on several factors, such as the lack of technical expertise, the increasing industrial plant complexities, and the caters to a wide range of industrial services applications. Our report examines historical data from 2018 - 2022, besides analyzing the current market scenario.

What will be the size of the Market During the Forecast Period?

Industrial Services Market Forecast 2024-2028

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Market Dynamics

In today's business landscape, advanced technologies drive innovation and shape the competitive environment. With growing demand for cutting-edge solutions, industries have become highly competitive, prompting companies to prioritize increasing adoption of these technologies. Amidst this competition, ensuring robust cybersecurity measures is paramount to safeguard sensitive data. Additionally, offering specialized services tailored to specific needs further strengthens market positioning. Effective market research and growth strategies facilitate informed decision-making and enable businesses to anticipate shifts in demand. By leveraging market forecasting insights, organizations can stay ahead of trends and capitalize on emerging opportunities.

Driver - Caters to a wide range of industrial services applications

Industrial services provide a broad range of applications, including programmable logic controllers, distributed control systems, human-machine interfaces, manufacturing execution systems, as well as industrial robotics applications, to end-users. In addition, these applications help in improving every aspect of the manufacturing facility besides enhancing the life of equipment and systems in the manufacturing industry.

For instance, the use of distributed control systems minimizes installation costs and increases reliability for end-users by localizing control functions close to the process plant and facilitating remote supervision and monitoring. Moreover, distributed control systems enable centralized control of the system, as well as monitoring and reporting from a central individual component. Furthermore, this improves the overall efficiency of equipment and systems in the manufacturing facility. Hence, such factors are driving the market growth during the forecast period.

Trends - Delegation of ancillary tasks allows industries to focus on core competencies

Industrial services including engineering and consulting services provide support to various complex projects across industries. In addition, this helps end-user industries in assigning their enterprise resources to core tasks for better operational efficiency. In addition, this provides opportunities and flexibility to end-users in using resources such as engineering and sourcing only if and when the need arises.

Moreover, this further optimizes the overall investments of end-users. As a result, buyers can focus on their core competencies rather than on other ancillary tasks, which may not result in optimal productivity and returns on investment (ROI). In addition, the inherent flexibility that provides helps end-user industries in sourcing knowledge and technicians from across the globe to improve the quality and efficiency of tasks. Hence, such factors are positively impacting the market. Therefore, it is expected to drive the market growth during the forecast period.

Challenge - Lack of end-to-end quality and process control

The lack of end-to-end processes and quality control while delegating critical business processes and tasks to industrial services providers is one of the significant challenges that hinder global market growth. In addition, with the deployment of industrial services, end-users fear losing sight of business processes and control across the value chain.

Moreover, the lack of quality control and assurance and compliance and quality issues related to industrial services is a crucial challenge for the overall market. In addition, industrial services, including engineering services, may comprise the management, implementation, and maintenance of important business functions, applications, and data. However, low-quality products may eventually result in the infringement of the rights of concerned stakeholders, such as customers of the buyers/end-users in the market. Hence, such factors are hindering the market growth during the forecast period.

Market Segmentation by Type, End-user and Geography

In the industrial sector, predictive maintenance has emerged as a game-changer, with service providers offering innovative solutions to optimize operations. As businesses transition to digital platforms, the landscape has become highly competitive, driving the increasing adoption of predictive maintenance technologies. Ensuring robust cybersecurity measures is essential to protect sensitive data and maintain trust. Monitoring market trends and conducting thorough market growth analysis enables companies to stay agile and responsive. By leveraging insights from market growth and forecasting, organizations can capitalize on emerging opportunities and stay ahead in the dynamic market.

Type Segment Analysis: 

The engineering and consulting segment is estimated to witness significant growth during the forecast period. This segment is helping end-users including the automotive industry to enhance the efficiency and quality of products and services, as well as developing the necessary infrastructure that facilitates to running of manufacturing processes efficiently.  In addition, to enhance the quality and improve the efficiency of the process to increase the value of the product and reduce the overhead costs, industrial services such as engineering services help companies in the industries, including the oil and gas sector, to use technical expertise.

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The engineering and consulting segment was the largest segment and was valued at USD 16.40 billion in 2018. Moreover, due to the fact that infrastructure projects are often big and complex in view of adding value for their customers, there has been an increasing demand for engineering service providers services when designing, planning, or executing urban infrastructure projects. Furthermore, innovation in the engineering services sector has been stimulated as suppliers develop new and more effective methods of designing and building infrastructures due to the growing demand for building infrastructure. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.

End-user Segment Analysis: 

Based on the end-user, the segment is classified into oil and gas, chemicals, aerospace, automotive, food and beverages, and others. In the oil and gas segment, the increasing need to minimize unanticipated downtime is expected to increase the demand. In addition, the demand for this is expected to increase further as companies operating in the oil and gas segment are facing the significant challenges of frequent fluctuations in global oil prices. Moreover, in the oil and gas industry, there is a tremendous need for optimizing operational efficiency, which, in turn, is expected to fuel the demand for industrial services in this segment. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.

Market Analyst Overview

The market encompasses a wide range of essential offerings tailored to support various industries. From maintenance and repair to equipment installation and industrial cleaning, these services ensure smooth operations and optimal functionality. Facility management and technical support further enhance efficiency, while asset management and industrial automation streamline processes. Providers also offer calibration services and plant optimization to maintain peak performance levels. Additionally, engineering solutions and inspection services ensure quality and compliance, while energy management and supply chain logistics drive sustainability and cost-effectiveness. Industrial training, environmental services, and waste management are vital for safety and environmental compliance. Overall, the market plays a crucial role in maintaining quality, efficiency, and compliance across various industries.

Regional Analysis

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APAC is estimated to contribute 39% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period.  There is an increasing preference by several manufacturers in APAC to simplify complex production processes and improve operational efficiency. As a result, these factors are significantly contributing to the growth of the market in APAC. In addition, with the increase in the scale of operations across industries, the supply chain becomes more complex.

Hence, established market players are collaborating with system integrators to provide automation services to increase their market reach and, in turn, consolidate the highly fragmented industrial automation services market in APAC. Furthermore, the automotive industry in APAC is expected to contribute substantially to the growing demand for industrial services including project engineering and consulting. Hence, such factors are fuelling the growth of the market in APAC during the forecast period.

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

AB SKF: The company offers a wide range of products such as bearings and units, seals, lubrication solutions, and maintenance services for industries worldwide.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

ABB Ltd., Bilfinger SE, Eaton Corp. Plc, EMCOR Group Inc., Emerson Electric Co., General Electric Co., Honeywell International Inc., Intech Environmental Ltd., John Wood Group PLC, Leadec Holding BV and Co. KG, Metso Outotec Corp., Mitsubishi Heavy Industries Ltd., Rockwell Automation Inc., SAMSON AG, Schneider Electric SE, Siemens AG, USES Group, Worley, and Yokogawa Electric Corp

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Type Outlook 
    • Engineering and consulting
    • Installation and commissioning
    • Operational improvement and maintenance
  • End-user Outlook 
    • Oil and gas
    • Chemicals
    • Aerospace
    • Automotive
    • Food and beverages
    • Others
  • Geography Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Scope

Report Coverage

Details

Page number

184

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.06%

Market Growth 2024-2028

USD 14.58 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

5.67

Regional analysis

APAC, North America, Europe, South America, and the Middle East and Africa

Performing market contribution

APAC at 39%

Key countries

US, China, Japan, India, and Germany

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

AB SKF, ABB Ltd., Bilfinger SE, Eaton Corp. Plc, EMCOR Group Inc., Emerson Electric Co., General Electric Co., Honeywell International Inc., Intech Environmental Ltd., John Wood Group PLC, Leadec Holding BV and Co. KG, Metso Outotec Corp., Mitsubishi Heavy Industries Ltd., Rockwell Automation Inc., SAMSON AG, Schneider Electric SE, Siemens AG, USES Group, Worley, and Yokogawa Electric Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across APAC, North America, Europe, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global industrial services market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global industrial services market 2018 - 2022 ($ million)
    • 4.2 Type Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Type Segment 2018 - 2022 ($ million)
    • 4.3 End-user Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – End-user Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Engineering and consulting - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Engineering and consulting - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Engineering and consulting - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Engineering and consulting - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Engineering and consulting - Year-over-year growth 2023-2028 (%)
    • 6.4 Installation and commissioning - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Installation and commissioning - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Installation and commissioning - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Installation and commissioning - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Installation and commissioning - Year-over-year growth 2023-2028 (%)
    • 6.5 Operational improvement and maintenance - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Operational improvement and maintenance - Market size and forecast 2023-2028 ($ million)
      • Exhibit 43: Data Table on Operational improvement and maintenance - Market size and forecast 2023-2028 ($ million)
      • Exhibit 44: Chart on Operational improvement and maintenance - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Operational improvement and maintenance - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Type
      • Exhibit 46: Market opportunity by Type ($ million)
      • Exhibit 47: Data Table on Market opportunity by Type ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 48: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on End-user - Market share 2023-2028 (%)
    • 7.2 Comparison by End-user
      • Exhibit 50: Chart on Comparison by End-user
      • Exhibit 51: Data Table on Comparison by End-user
    • 7.3 Oil and gas - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Oil and gas - Market size and forecast 2023-2028 ($ million)
      • Exhibit 53: Data Table on Oil and gas - Market size and forecast 2023-2028 ($ million)
      • Exhibit 54: Chart on Oil and gas - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Oil and gas - Year-over-year growth 2023-2028 (%)
    • 7.4 Chemicals - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Chemicals - Market size and forecast 2023-2028 ($ million)
      • Exhibit 57: Data Table on Chemicals - Market size and forecast 2023-2028 ($ million)
      • Exhibit 58: Chart on Chemicals - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Chemicals - Year-over-year growth 2023-2028 (%)
    • 7.5 Aerospace - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Aerospace - Market size and forecast 2023-2028 ($ million)
      • Exhibit 61: Data Table on Aerospace - Market size and forecast 2023-2028 ($ million)
      • Exhibit 62: Chart on Aerospace - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Aerospace - Year-over-year growth 2023-2028 (%)
    • 7.6 Automotive - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Automotive - Market size and forecast 2023-2028 ($ million)
      • Exhibit 65: Data Table on Automotive - Market size and forecast 2023-2028 ($ million)
      • Exhibit 66: Chart on Automotive - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Automotive - Year-over-year growth 2023-2028 (%)
    • 7.7 Food and beverages and others - Market size and forecast 2023-2028
      • Exhibit 68: Chart on Food and beverages and others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 69: Data Table on Food and beverages and others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 70: Chart on Food and beverages and others - Year-over-year growth 2023-2028 (%)
      • Exhibit 71: Data Table on Food and beverages and others - Year-over-year growth 2023-2028 (%)
    • 7.8 Market opportunity by End-user
      • Exhibit 72: Market opportunity by End-user ($ million)
      • Exhibit 73: Data Table on Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 75: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 76: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 77: Chart on Geographic comparison
      • Exhibit 78: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 103: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 104: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 105: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 Japan - Market size and forecast 2023-2028
      • Exhibit 111: Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 112: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Exhibit 113: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.12 India - Market size and forecast 2023-2028
      • Exhibit 115: Chart on India - Market size and forecast 2023-2028 ($ million)
      • Exhibit 116: Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Exhibit 117: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 118: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 119: Market opportunity by geography ($ million)
      • Exhibit 120: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 121: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 123: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 124: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 125: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 126: Matrix on vendor position and classification
            • 12.3 AB SKF
              • Exhibit 127: AB SKF - Overview
              • Exhibit 128: AB SKF - Business segments
              • Exhibit 129: AB SKF - Key news
              • Exhibit 130: AB SKF - Key offerings
              • Exhibit 131: AB SKF - Segment focus
            • 12.4 ABB Ltd.
              • Exhibit 132: ABB Ltd. - Overview
              • Exhibit 133: ABB Ltd. - Business segments
              • Exhibit 134: ABB Ltd. - Key offerings
              • Exhibit 135: ABB Ltd. - Segment focus
            • 12.5 Bilfinger SE
              • Exhibit 136: Bilfinger SE - Overview
              • Exhibit 137: Bilfinger SE - Business segments
              • Exhibit 138: Bilfinger SE - Key offerings
              • Exhibit 139: Bilfinger SE - Segment focus
            • 12.6 Eaton Corp. Plc
              • Exhibit 140: Eaton Corp. Plc - Overview
              • Exhibit 141: Eaton Corp. Plc - Business segments
              • Exhibit 142: Eaton Corp. Plc - Key news
              • Exhibit 143: Eaton Corp. Plc - Key offerings
              • Exhibit 144: Eaton Corp. Plc - Segment focus
            • 12.7 EMCOR Group Inc.
              • Exhibit 145: EMCOR Group Inc. - Overview
              • Exhibit 146: EMCOR Group Inc. - Business segments
              • Exhibit 147: EMCOR Group Inc. - Key offerings
              • Exhibit 148: EMCOR Group Inc. - Segment focus
            • 12.8 Emerson Electric Co.
              • Exhibit 149: Emerson Electric Co. - Overview
              • Exhibit 150: Emerson Electric Co. - Business segments
              • Exhibit 151: Emerson Electric Co. - Key news
              • Exhibit 152: Emerson Electric Co. - Key offerings
              • Exhibit 153: Emerson Electric Co. - Segment focus
            • 12.9 General Electric Co.
              • Exhibit 154: General Electric Co. - Overview
              • Exhibit 155: General Electric Co. - Business segments
              • Exhibit 156: General Electric Co. - Key news
              • Exhibit 157: General Electric Co. - Key offerings
              • Exhibit 158: General Electric Co. - Segment focus
            • 12.10 Honeywell International Inc.
              • Exhibit 159: Honeywell International Inc. - Overview
              • Exhibit 160: Honeywell International Inc. - Business segments
              • Exhibit 161: Honeywell International Inc. - Key news
              • Exhibit 162: Honeywell International Inc. - Key offerings
              • Exhibit 163: Honeywell International Inc. - Segment focus
            • 12.11 Intech Environmental Ltd.
              • Exhibit 164: Intech Environmental Ltd. - Overview
              • Exhibit 165: Intech Environmental Ltd. - Product / Service
              • Exhibit 166: Intech Environmental Ltd. - Key offerings
            • 12.12 John Wood Group PLC
              • Exhibit 167: John Wood Group PLC - Overview
              • Exhibit 168: John Wood Group PLC - Business segments
              • Exhibit 169: John Wood Group PLC - Key offerings
              • Exhibit 170: John Wood Group PLC - Segment focus
            • 12.13 Leadec Holding BV and Co. KG
              • Exhibit 171: Leadec Holding BV and Co. KG - Overview
              • Exhibit 172: Leadec Holding BV and Co. KG - Product / Service
              • Exhibit 173: Leadec Holding BV and Co. KG - Key offerings
            • 12.14 Metso Outotec Corp.
              • Exhibit 174: Metso Outotec Corp. - Overview
              • Exhibit 175: Metso Outotec Corp. - Business segments
              • Exhibit 176: Metso Outotec Corp. - Key offerings
              • Exhibit 177: Metso Outotec Corp. - Segment focus
            • 12.15 Mitsubishi Heavy Industries Ltd.
              • Exhibit 178: Mitsubishi Heavy Industries Ltd. - Overview
              • Exhibit 179: Mitsubishi Heavy Industries Ltd. - Business segments
              • Exhibit 180: Mitsubishi Heavy Industries Ltd. - Key news
              • Exhibit 181: Mitsubishi Heavy Industries Ltd. - Key offerings
              • Exhibit 182: Mitsubishi Heavy Industries Ltd. - Segment focus
            • 12.16 Rockwell Automation Inc.
              • Exhibit 183: Rockwell Automation Inc. - Overview
              • Exhibit 184: Rockwell Automation Inc. - Business segments
              • Exhibit 185: Rockwell Automation Inc. - Key news
              • Exhibit 186: Rockwell Automation Inc. - Key offerings
              • Exhibit 187: Rockwell Automation Inc. - Segment focus
            • 12.17 SAMSON AG
              • Exhibit 188: SAMSON AG - Overview
              • Exhibit 189: SAMSON AG - Product / Service
              • Exhibit 190: SAMSON AG - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 191: Inclusions checklist
                • Exhibit 192: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 193: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 194: Research methodology
                • Exhibit 195: Validation techniques employed for market sizing
                • Exhibit 196: Information sources
              • 13.5 List of abbreviations
                • Exhibit 197: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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