산업 서비스 시장 규모, 점유율, 성장 및 세계 산업 분석 : 유형별, 용도별, 지역별 인사이트 및 예측(2024-2032년)

Growth Factors of industrial services Market

The global industrial services market is entering a transformative phase driven by rapid digitalization, predictive maintenance requirements, and next-generation automation. According to the report, the global industrial services market size was valued at USD 43.83 billion in 2024, is expected to increase to USD 46.54 billion in 2025, and is projected to reach USD 78.19 billion by 2032, registering a strong CAGR of 7.7% during the forecast period. The Asia Pacific region led the global market in 2024 with a share of 32.81%, propelled by a strong manufacturing ecosystem, rapid industrial expansion, and heavy technology investments.

Industrial services have evolved significantly as modern manufacturing demands higher productivity, sustainability, and operational efficiency. Predictive maintenance, digital twin technology, AI-driven analytics, and intelligent automation are becoming core strategic tools for manufacturers worldwide. Industrial service providers, including global leaders such as ABB, Siemens, Honeywell, and Schneider Electric, are integrating AI, IoT, VR, and ML technologies to strengthen factory operations, increase equipment uptime, and optimize large-scale industrial processes.

Impact of Tariffs

Tariff fluctuations continue to influence the global industrial services landscape, particularly affecting raw material prices and supply chain planning. Higher tariffs increase import costs for industrial components, electronics, and machinery. In April 2025, the U.S. raised tariffs to 104%, prompting China to impose retaliatory tariffs on industrial components and systems. This shift resulted in 25%-30% additional cost increases for manufacturers relying on imported metals. Companies are now revising pricing strategies, reevaluating sourcing networks, and adopting cost-optimization tools to remain competitive under fluctuating tariff regimes.

Market Trends

A defining market trend is the rapid adoption of virtual reality (VR), augmented reality (AR), and Industry 4.0 technologies. These tools enhance inspection, training, and maintenance operations while reducing material waste and improving design accuracy. Manufacturers are using digital twin technology to simulate operations, predict failures, and optimize production flows in real time. In March 2025, Siemens and Audi accelerated transformation in automotive manufacturing through AI-powered automation and virtual hardware integration, setting a new benchmark for digital industrial innovation.

Market Drivers

A major driver of market growth is the widespread shift toward automation and digital transformation. OEMs and industrial facilities are integrating AI-based predictive analytics to elevate Overall Equipment Efficiency (OEE) and reduce unplanned downtime. Technologies such as Microsoft HoloLens are enhancing field operations; for example, ThyssenKrupp technicians use HoloLens for remote diagnostics and visualization of elevator systems. As industries prioritize cost savings, safety, and productivity, demand for modern industrial services continues to accelerate.

Market Challenges

The industrial services sector faces several challenges, including a persistent shortage of skilled workers, limited cash flow among small enterprises, and the complexity of international safety and environmental standards such as ISO, IEC, and OSHA. Integrating advanced automation systems requires technical expertise, and many regions lack the workforce needed to support rapid modernization. Compliance barriers also add complexity, especially for multinational service providers operating across diverse regulatory landscapes.

Market Opportunities

Predictive maintenance and digital twin technologies present major growth opportunities. Companies are modernizing factories with advanced monitoring solutions that reduce downtime and ensure continuous performance. In June 2024, Regal Rexnord introduced a unified predictive maintenance system built on next-generation technologies, enabling industries to upgrade legacy systems into intelligent monitoring platforms. As digital twins gain traction, industries in energy, mining, automotive, and manufacturing are expected to increase investments in real-time data solutions.

Segmentation Overview

By Services

• Maintenance dominates the market due to widespread usage across automotive, manufacturing, and heavy industries.
• Repair & inspection is growing rapidly as industries require emergency and scheduled maintenance for complex machinery.
• Consulting, installation, and operational improvement services enhance the overall service ecosystem and support modernization efforts.

By Provider Type

• In-house teams lead due to technology integration and upskilling initiatives.
• OEM service providers are expanding their annual maintenance service (AMS) portfolios.
• Third-party providers remain strong in emerging markets with competitive pricing.

By Industry

• Manufacturing & mining is the largest segment, driven by modernization of industrial facilities.
• Construction, energy & power, IT & networking also contribute significantly due to rising automation needs.

Regional Insights

Asia Pacific

Valued at USD 14.38 billion in 2024, Asia Pacific remains the largest regional market. China, India, Japan, and South Korea continue to attract major FDI and lead in EPC and industrial automation projects.

North America

Growth is driven by strong digital transformation initiatives and a robust manufacturing base, especially in the U.S.

Europe

The second-largest region, supported by strong industrial activity and rapid adoption of AI and Industry 4.0.

South America

Growth is primarily driven by mining expansion and renewable energy infrastructure investments.

Middle East & Africa

EPC projects, oilfield automation, and government-backed industrial diversification fuel demand.

Conclusion

With the global industrial services market rising from USD 43.83 billion in 2024 to USD 46.54 billion in 2025, and projected to reach USD 78.19 billion by 2032, the industry is poised for strong long-term growth. Predictive maintenance, AI-driven automation, digital twins, and VR-enabled operations will remain the core technologies shaping the future of industrial services.

Segmentation By Services

• Consulting & Engineering
• Maintenance
• Repair & Inspection
• Installation
• Operational Improvement

By Provider Type

• Original Equipment Manufacturers (OEM)
• Third Party Services
• In-House Teams

By Industry

• Automotive & Mobility
• IT & Networking
• Manufacturing & Mining
• Construction & Infrastructure
• Energy & Power
• Others (Chemicals, etc.)

By Region

• North America (By Services, By Provider Type, By Industry, and By Country)
  • U.S. (By Industry)
  • Canada (By Industry)
  • Mexico (By Industry)
• South America (By Services, By Provider Type, By Industry, and By Country)
  • Brazil (By Industry)
  • Argentina (By Industry)
  • Rest of South America
• Europe (By Services, By Provider Type, By Industry, and By Country)
  • U.K. (By Industry)
  • Germany (By Industry)
  • France (By Industry)
  • Italy (By Industry)
  • Spain (By Industry)
  • Russia (By Industry)
  • Rest of Europe
• Asia Pacific (By Services, By Provider Type, By Industry, and By Country)
  • China (By Industry)
  • Japan (By Industry)
  • India (By Industry)
  • South Korea (By Industry)
  • ASEAN (By Industry)
  • Oceania (By Industry)
  • Rest of APAC
• Middle East & Africa (By Services, By Provider Type, By Industry, and By Country)
  • GCC (By Industry)
  • North Africa (By Industry)
  • South Africa (By Industry)
  • Rest of MEA

Companies Profiled in the Report ABB Ltd. (Switzerland), Siemens AG (Germany), GE Digital (General Electric) (U.S.), Schneider Electric SE (France), Rockwell Automation Inc. (U.S.), Mitsubishi Electric Corporation (Japan), Hitachi, Ltd. (Japan), Emerson Electric Co. (U.S.), Honeywell International Inc. (U.S.), Bosch Rexroth AG (Germany)

Table of Content

1. Introduction

• 1.1. Definition, By Segment
• 1.2. Research Methodology/Approach
• 1.3. Data Sources

2. Executive Summary

3. Market Dynamics

• 3.1. Macro and Micro Economic Indicators
• 3.2. Drivers, Restraints, Opportunities, and Trends
• 3.3. Impact of Reciprocal Tariffs

4. Competition Landscape

• 4.1. Business Strategies Adopted by Key Players
• 4.2. Consolidated SWOT Analysis of Key Players
• 4.3. Global Industrial Services Key Players (Top 3 - 5) Market Share/Ranking, 2024

5. Global Industrial Services Market Size Estimates and Forecasts, By Segments, 2019-2032

• 5.1. Key Findings
• 5.2. By Services (USD)
  • 5.2.1. Consulting & Engineering
  • 5.2.2. Maintenance
  • 5.2.3. Repair & Inspection
  • 5.2.4. Installation
  • 5.2.5. Operational Improvement
• 5.3. By Provider Type (USD)
  • 5.3.1. Original Equipment Manufacturers (OEM)
  • 5.3.2. Third Party Services
  • 5.3.3. In-House Teams
• 5.4. By Industry (USD)
  • 5.4.1. Automotive & Mobility
  • 5.4.2. IT & Networking
  • 5.4.3. Manufacturing & Mining
  • 5.4.4. Construction & Infrastructure
  • 5.4.5. Energy & Power
  • 5.4.6. Others (Chemical, etc.)
• 5.5. By Region (USD)
  • 5.5.1. North America
  • 5.5.2. South America
  • 5.5.3. Europe
  • 5.5.4. Asia Pacific
  • 5.5.5. Middle East & Africa

6. North America Industrial Services Market Size Estimates and Forecasts, By Segments, 2019-2032

• 6.1. Key Findings
• 6.2. By Services (USD)
  • 6.2.1. Consulting & Engineering
  • 6.2.2. Maintenance
  • 6.2.3. Repair & Inspection
  • 6.2.4. Installation
  • 6.2.5. Operational Improvement
• 6.3. By Provider Type (USD)
  • 6.3.1. Original Equipment Manufacturers (OEM)
  • 6.3.2. Third Party Services
  • 6.3.3. In-House Teams
• 6.4. By Industry (USD)
  • 6.4.1. Automotive & Mobility
  • 6.4.2. IT & Networking
  • 6.4.3. Manufacturing & Mining
  • 6.4.4. Construction & Infrastructure
  • 6.4.5. Energy & Power
  • 6.4.6. Others (Chemical, etc.)
• 6.5. By Country (USD)
  • 6.5.1. United States
    • 6.5.1.1. By Industry
  • 6.5.2. Canada
    • 6.5.2.1. By Industry
  • 6.5.3. Mexico
    • 6.5.3.1. By Industry

7. South America Industrial Services Market Size Estimates and Forecasts, By Segments, 2019-2032

• 7.1. Key Findings
• 7.2. By Services (USD)
  • 7.2.1. Consulting & Engineering
  • 7.2.2. Maintenance
  • 7.2.3. Repair & Inspection
  • 7.2.4. Installation
  • 7.2.5. Operational Improvement
• 7.3. By Provider Type (USD)
  • 7.3.1. Original Equipment Manufacturers (OEM)
  • 7.3.2. Third Party Services
  • 7.3.3. In-House Teams
• 7.4. By Industry (USD)
  • 7.4.1. Automotive & Mobility
  • 7.4.2. IT & Networking
  • 7.4.3. Manufacturing & Mining
  • 7.4.4. Construction & Infrastructure
  • 7.4.5. Energy & Power
  • 7.4.6. Others (Chemical, etc.)
• 7.5. By Country (USD)
  • 7.5.1. Brazil
    • 7.5.1.1. By Industry
  • 7.5.2. Argentina
    • 7.5.2.1. By Industry
  • 7.5.3. Rest of South America

8. Europe Industrial Services Market Size Estimates and Forecasts, By Segments, 2019-2032

• 8.1. Key Findings
• 8.2. By Services (USD)
  • 8.2.1. Consulting & Engineering
  • 8.2.2. Maintenance
  • 8.2.3. Repair & Inspection
  • 8.2.4. Installation
  • 8.2.5. Operational Improvement
• 8.3. By Provider Type (USD)
  • 8.3.1. Original Equipment Manufacturers (OEM)
  • 8.3.2. Third Party Services
  • 8.3.3. In-House Teams
• 8.4. By Industry (USD)
  • 8.4.1. Automotive & Mobility
  • 8.4.2. IT & Networking
  • 8.4.3. Manufacturing & Mining
  • 8.4.4. Construction & Infrastructure
  • 8.4.5. Energy & Power
  • 8.4.6. Others (Chemical, etc.)
• 8.5. By Country (USD)
  • 8.5.1. United Kingdom
    • 8.5.1.1. By Industry
  • 8.5.2. Germany
    • 8.5.2.1. By Industry
  • 8.5.3. France
    • 8.5.3.1. By Industry
  • 8.5.4. Italy
    • 8.5.4.1. By Industry
  • 8.5.5. Spain
    • 8.5.5.1. By Industry
  • 8.5.6. Russia
    • 8.5.6.1. By Industry
  • 8.5.7. Rest of Europe

9. Asia Pacific Industrial Services Market Size Estimates and Forecasts, By Segments, 2019-2032

• 9.1. Key Findings
• 9.2. By Services (USD)
  • 9.2.1. Consulting & Engineering
  • 9.2.2. Maintenance
  • 9.2.3. Repair & Inspection
  • 9.2.4. Installation
  • 9.2.5. Operational Improvement
• 9.3. By Provider Type (USD)
  • 9.3.1. Original Equipment Manufacturers (OEM)
  • 9.3.2. Third Party Services
  • 9.3.3. In-House Teams
• 9.4. By Industry (USD)
  • 9.4.1. Automotive & Mobility
  • 9.4.2. IT & Networking
  • 9.4.3. Manufacturing & Mining
  • 9.4.4. Construction & Infrastructure
  • 9.4.5. Energy & Power
  • 9.4.6. Others (Chemical, etc.)
• 9.5. By Country (USD)
  • 9.5.1. China
    • 9.5.1.1. By Industry
  • 9.5.2. Japan
    • 9.5.2.1. By Industry
  • 9.5.3. India
    • 9.5.3.1. By Industry
  • 9.5.4. South Korea
    • 9.5.4.1. By Industry
  • 9.5.5. ASEAN
    • 9.5.5.1. By Industry
  • 9.5.6. Oceania
    • 9.5.6.1. By Industry
  • 9.5.7. Rest of Asia Pacific

10. Middle East & Africa Industrial Services Market Size Estimates and Forecasts, By Segments, 2019-2032

• 10.1. Key Findings
• 10.2. By Services (USD)
  • 10.2.1. Consulting & Engineering
  • 10.2.2. Maintenance
  • 10.2.3. Repair & Inspection
  • 10.2.4. Installation
  • 10.2.5. Operational Improvement
• 10.3. By Provider Type (USD)
  • 10.3.1. Original Equipment Manufacturers (OEM)
  • 10.3.2. Third Party Services
  • 10.3.3. In-House Teams
• 10.4. By Industry (USD)
  • 10.4.1. Automotive & Mobility
  • 10.4.2. IT & Networking
  • 10.4.3. Manufacturing & Mining
  • 10.4.4. Construction & Infrastructure
  • 10.4.5. Energy & Power
  • 10.4.6. Others (Chemical, etc.)
• 10.5. By Country (USD)
  • 10.5.1. GCC
    • 10.5.1.1. By Industry
  • 10.5.2. North Africa
    • 10.5.2.1. By Industry
  • 10.5.3. South Africa
    • 10.5.3.1. By Industry
  • 10.5.4. Rest of MEA

11. Company Profiles for Top 10 (Based on data availability in public domain and/or on paid databases)

• 11.1. ABB Ltd.
  • 11.1.1. Overview
    • 11.1.1.1. Key Management
    • 11.1.1.2. Headquarters
    • 11.1.1.3. Offerings/Business Segments
  • 11.1.2. Key Details (Key details are consolidated data and not Product/service specific)
    • 11.1.2.1. Employee Size
    • 11.1.2.2. Past and Current Revenue
    • 11.1.2.3. Geographical Share
    • 11.1.2.4. Business Segment Share
    • 11.1.2.5. Recent Developments
• 11.2. Siemens AG
  • 11.2.1. Overview
    • 11.2.1.1. Key Management
    • 11.2.1.2. Headquarters
    • 11.2.1.3. Offerings/Business Segments
  • 11.2.2. Key Details (Key details are consolidated data and not Product/service specific)
    • 11.2.2.1. Employee Size
    • 11.2.2.2. Past and Current Revenue
    • 11.2.2.3. Geographical Share
    • 11.2.2.4. Business Segment Share
    • 11.2.2.5. Recent Developments
• 11.3. GE Digital (General Electric)
  • 11.3.1. Overview
    • 11.3.1.1. Key Management
    • 11.3.1.2. Headquarters
    • 11.3.1.3. Offerings/Business Segments
  • 11.3.2. Key Details (Key details are consolidated data and not Product/service specific)
    • 11.3.2.1. Employee Size
    • 11.3.2.2. Past and Current Revenue
    • 11.3.2.3. Geographical Share
    • 11.3.2.4. Business Segment Share
    • 11.3.2.5. Recent Developments
• 11.4. Schneider Electric SE
  • 11.4.1. Overview
    • 11.4.1.1. Key Management
    • 11.4.1.2. Headquarters
    • 11.4.1.3. Offerings/Business Segments
  • 11.4.2. Key Details (Key details are consolidated data and not Product/service specific)
    • 11.4.2.1. Employee Size
    • 11.4.2.2. Past and Current Revenue
    • 11.4.2.3. Geographical Share
    • 11.4.2.4. Business Segment Share
    • 11.4.2.5. Recent Developments
• 11.5. Rockwell Automation Inc.
  • 11.5.1. Overview
    • 11.5.1.1. Key Management
    • 11.5.1.2. Headquarters
    • 11.5.1.3. Offerings/Business Segments
  • 11.5.2. Key Details (Key details are consolidated data and not Product/service specific)
    • 11.5.2.1. Employee Size
    • 11.5.2.2. Past and Current Revenue
    • 11.5.2.3. Geographical Share
    • 11.5.2.4. Business Segment Share
    • 11.5.2.5. Recent Developments
• 11.6. Mitsubishi Electric Corporation
  • 11.6.1. Overview
    • 11.6.1.1. Key Management
    • 11.6.1.2. Headquarters
    • 11.6.1.3. Offerings/Business Segments
  • 11.6.2. Key Details (Key details are consolidated data and not Product/service specific)
    • 11.6.2.1. Employee Size
    • 11.6.2.2. Past and Current Revenue
    • 11.6.2.3. Geographical Share
    • 11.6.2.4. Business Segment Share
    • 11.6.2.5. Recent Developments
• 11.7. Emerson Electric Co.
  • 11.7.1. Overview
    • 11.7.1.1. Key Management
    • 11.7.1.2. Headquarters
    • 11.7.1.3. Offerings/Business Segments
  • 11.7.2. Key Details (Key details are consolidated data and not Product/service specific)
    • 11.7.2.1. Employee Size
    • 11.7.2.2. Past and Current Revenue
    • 11.7.2.3. Geographical Share
    • 11.7.2.4. Business Segment Share
    • 11.7.2.5. Recent Developments
• 11.8. Honeywell International Inc.
  • 11.8.1. Overview
    • 11.8.1.1. Key Management
    • 11.8.1.2. Headquarters
    • 11.8.1.3. Offerings/Business Segments
  • 11.8.2. Key Details (Key details are consolidated data and not Product/service specific)
    • 11.8.2.1. Employee Size
    • 11.8.2.2. Past and Current Revenue
    • 11.8.2.3. Geographical Share
    • 11.8.2.4. Business Segment Share
    • 11.8.2.5. Recent Developments
• 11.9. Hitachi, Ltd.
  • 11.9.1. Overview
    • 11.9.1.1. Key Management
    • 11.9.1.2. Headquarters
    • 11.9.1.3. Offerings/Business Segments
  • 11.9.2. Key Details (Key details are consolidated data and not Product/service specific)
    • 11.9.2.1. Employee Size
    • 11.9.2.2. Past and Current Revenue
    • 11.9.2.3. Geographical Share
    • 11.9.2.4. Business Segment Share
    • 11.9.2.5. Recent Developments
• 11.10. Bosch Rexroth AG
  • 11.10.1. Overview
    • 11.10.1.1. Key Management
    • 11.10.1.2. Headquarters
    • 11.10.1.3. Offerings/Business Segments
  • 11.10.2. Key Details (Key details are consolidated data and not Product/service specific)
    • 11.10.2.1. Employee Size
    • 11.10.2.2. Past and Current Revenue
    • 11.10.2.3. Geographical Share
    • 11.10.2.4. Business Segment Share
    • 11.10.2.5. Recent Developments

12. Key Takeaways