Global Industrial Services Market Size, Share & Forecast, by Type (Engineering & Consulting, Installation & Commissioning, Operational Improvement & Maintenance), by Application, by End-Use, and Regional Forecasts 2025-2035

Description

The Global Industrial Services Market is valued approximately at USD 34.77 billion in 2024 and is anticipated to grow with a CAGR of more than 6.50% over the forecast period 2025-2035. Industrial services encompass a broad spectrum of specialized support activities that enable industries to optimize operations, enhance efficiency, and ensure equipment reliability. These services include engineering and consulting, installation and commissioning, and operational improvement and maintenance, each tailored to meet specific operational objectives. The market is driven by increasing industrialization, expansion of manufacturing facilities, and the growing need for expertise in maintaining complex machinery and technological systems. Additionally, evolving regulatory frameworks, safety compliance standards, and the demand for sustainable and energy-efficient operations further propel market growth.

The rising focus on efficiency and cost optimization has significantly augmented the demand for industrial services globally. Industries are increasingly relying on third-party service providers to execute complex projects, implement innovative process improvements, and extend the operational life of machinery. For instance, as companies integrate Industry 4.0 solutions and adopt digital twin technologies, the need for engineering consulting and operational optimization services has surged. Moreover, predictive maintenance and continuous monitoring services are increasingly sought after to minimize downtime and reduce unexpected failures, ultimately boosting profitability. However, the reliance on skilled labor and the high operational costs of specialized services may pose growth constraints over the forecast period.

The detailed segments and sub-segments included in the report are:

By Type:

Engineering & Consulting
Installation & Commissioning
Operational Improvement & Maintenance

By Application:

[Segment-specific subcategories may vary depending on the industry application]

By End-Use:

[Segment-specific subcategories may vary depending on the industry vertical]

By Region:

North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Australia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa
Engineering & Consulting Expected to Dominate the Market
Engineering and consulting services are projected to maintain the largest market share during the forecast period, owing to the critical role they play in designing, planning, and optimizing industrial operations. Companies are increasingly leveraging these services to ensure compliance with safety and environmental regulations, implement innovative process improvements, and minimize operational risks. The demand is particularly high in sectors such as energy, chemicals, and manufacturing, where technical expertise and strategic guidance are essential to navigate complex project requirements. The integration of advanced digital tools and data analytics in consulting services has further enhanced their value proposition, allowing firms to streamline operations and achieve measurable efficiency gains.
Operational Improvement & Maintenance Lead in Revenue Contribution
Among service types, operational improvement and maintenance services currently generate the highest revenue contribution. These services are pivotal for ensuring uninterrupted production, extending equipment longevity, and reducing operational costs. The growing emphasis on predictive and preventive maintenance, coupled with advanced monitoring technologies, has increased the adoption of these services across industries. While operational improvement and maintenance dominate revenue contribution, installation and commissioning services are witnessing rapid adoption, particularly in emerging economies where new industrial facilities are being established. The confluence of modernization initiatives and digital transformation across industries continues to elevate the importance of specialized service providers in driving operational excellence.
The key regions considered for the Global Industrial Services Market study include Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. North America currently dominates the market, underpinned by a mature industrial ecosystem, advanced technological infrastructure, and high outsourcing adoption for specialized industrial services. In contrast, Asia Pacific is expected to exhibit the fastest growth during 2025-2035, fueled by rapid industrialization, government-led infrastructure projects, and increasing investments in manufacturing and energy sectors. Europe maintains a steady market position, with sustainability-driven industrial practices and regulatory compliance shaping service adoption. Latin America and the Middle East & Africa present emerging opportunities, supported by industrial expansion, foreign investments, and the adoption of modern service solutions to enhance operational efficiency.

Major market players included in this report are:

Fluor Corporation
SNC-Lavalin Group Inc.
Jacobs Engineering Group Inc.
Bechtel Corporation
AECOM
KBR, Inc.
Saipem S.p.A.
TechnipFMC
Worley Limited
McDermott International, Inc.
Wood Group
Black & Veatch Corporation
Tetra Tech, Inc.
Chiyoda Corporation
Exyte AG

Global Industrial Services Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of the competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Industrial Services Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. key Findings

Chapter 3. Global Industrial Services Market Forces Analysis

3.1. Market Forces Shaping The Global Industrial Services Market (2024-2035)
3.2. Drivers
- 3.2.1. increasing industrialization
- 3.2.2. expansion of manufacturing facilities
3.3. Restraints
- 3.3.1. Shortage Of Skilled Professionals
3.4. Opportunities
- 3.4.1. growing need for expertise in maintaining complex machinery and technological systems

Chapter 4. Global Industrial Services Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis And Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Industrial Services Market Size & Forecasts by Type 2025-2035

5.1. Market Overview
5.2. Global Industrial Services Market Performance - Potential Analysis (2025)
5.3. Engineering & Consulting
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
5.4. Installation & Commissioning
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035
5.5. Operational Improvement & Maintenance
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market size analysis, by region, 2025-2035

Chapter 6. Global Industrial Services Market Size & Forecasts by Application 2025-2035

6.1. Market Overview
6.2. Global Industrial Services Market Performance - Potential Analysis (2025)
6.3. Sub Segment 1
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
6.4. Sub Segment 2
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035

Chapter 7. Global Industrial Services Market Size & Forecasts by End User 2025-2035

7.1. Market Overview
7.2. Global Industrial Services Market Performance - Potential Analysis (2025)
7.3. Sub Segment 1
- 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.3.2. Market size analysis, by region, 2025-2035
7.4. Sub Segment 2
- 7.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.4.2. Market size analysis, by region, 2025-2035

Chapter 8. Global Industrial Services Market Size & Forecasts by Region 2025-2035

8.1. Growth Industrial Services Market, Regional Market Snapshot
8.2. Top Leading & Emerging Countries
8.3. North America Industrial Services Market
- 8.3.1. U.S. Industrial Services Market
  - 8.3.1.1. Type breakdown size & forecasts, 2025-2035
  - 8.3.1.2. Application breakdown size & forecasts, 2025-2035
  - 8.3.1.3. End Use breakdown size & forecasts, 2025-2035
- 8.3.2. Canada Industrial Services Market
  - 8.3.2.1. Type breakdown size & forecasts, 2025-2035
  - 8.3.2.2. Application breakdown size & forecasts, 2025-2035
  - 8.3.2.3. End Use breakdown size & forecasts, 2025-2035
8.4. Europe Industrial Services Market
- 8.4.1. UK Industrial Services Market
  - 8.4.1.1. Type breakdown size & forecasts, 2025-2035
  - 8.4.1.2. Application breakdown size & forecasts, 2025-2035
  - 8.4.1.3. End Use breakdown size & forecasts, 2025-2035
- 8.4.2. Germany Industrial Services Market
  - 8.4.2.1. Type breakdown size & forecasts, 2025-2035
  - 8.4.2.2. Application breakdown size & forecasts, 2025-2035
  - 8.4.2.3. End Use breakdown size & forecasts, 2025-2035
- 8.4.3. France Industrial Services Market
  - 8.4.3.1. Type breakdown size & forecasts, 2025-2035
  - 8.4.3.2. Application breakdown size & forecasts, 2025-2035
  - 8.4.3.3. End Use breakdown size & forecasts, 2025-2035
- 8.4.4. Spain Industrial Services Market
  - 8.4.4.1. Type breakdown size & forecasts, 2025-2035
  - 8.4.4.2. Application breakdown size & forecasts, 2025-2035
  - 8.4.4.3. End Use breakdown size & forecasts, 2025-2035
- 8.4.5. Italy Industrial Services Market
  - 8.4.5.1. Type breakdown size & forecasts, 2025-2035
  - 8.4.5.2. Application breakdown size & forecasts, 2025-2035
  - 8.4.5.3. End Use breakdown size & forecasts, 2025-2035
- 8.4.6. Rest of Europe Industrial Services Market
  - 8.4.6.1. Type breakdown size & forecasts, 2025-2035
  - 8.4.6.2. Application breakdown size & forecasts, 2025-2035
  - 8.4.6.3. End Use breakdown size & forecasts, 2025-2035
8.5. Asia Pacific Industrial Services Market
- 8.5.1. China Industrial Services Market
  - 8.5.1.1. Type breakdown size & forecasts, 2025-2035
  - 8.5.1.2. Application breakdown size & forecasts, 2025-2035
  - 8.5.1.3. End Use breakdown size & forecasts, 2025-2035
- 8.5.2. India Industrial Services Market
  - 8.5.2.1. Type breakdown size & forecasts, 2025-2035
  - 8.5.2.2. Application breakdown size & forecasts, 2025-2035
  - 8.5.2.3. End Use breakdown size & forecasts, 2025-2035
- 8.5.3. Japan Industrial Services Market
  - 8.5.3.1. Type breakdown size & forecasts, 2025-2035
  - 8.5.3.2. Application breakdown size & forecasts, 2025-2035
  - 8.5.3.3. End Use breakdown size & forecasts, 2025-2035
- 8.5.4. Australia Industrial Services Market
  - 8.5.4.1. Type breakdown size & forecasts, 2025-2035
  - 8.5.4.2. Application breakdown size & forecasts, 2025-2035
  - 8.5.4.3. End Use breakdown size & forecasts, 2025-2035
- 8.5.5. South Korea Industrial Services Market
  - 8.5.5.1. Type breakdown size & forecasts, 2025-2035
  - 8.5.5.2. Application breakdown size & forecasts, 2025-2035
  - 8.5.5.3. End Use breakdown size & forecasts, 2025-2035
- 8.5.6. Rest of APAC Industrial Services Market
  - 8.5.6.1. Type breakdown size & forecasts, 2025-2035
  - 8.5.6.2. Application breakdown size & forecasts, 2025-2035
  - 8.5.6.3. End Use breakdown size & forecasts, 2025-2035
8.6. Latin America Industrial Services Market
- 8.6.1. Brazil Industrial Services Market
  - 8.6.1.1. Type breakdown size & forecasts, 2025-2035
  - 8.6.1.2. Application breakdown size & forecasts, 2025-2035
  - 8.6.1.3. End Use breakdown size & forecasts, 2025-2035
- 8.6.2. Mexico Industrial Services Market
  - 8.6.2.1. Type breakdown size & forecasts, 2025-2035
  - 8.6.2.2. Application breakdown size & forecasts, 2025-2035
  - 8.6.2.3. End Use breakdown size & forecasts, 2025-2035
8.7. Middle East and Africa Industrial Services Market
- 8.7.1. UAE Industrial Services Market
  - 8.7.1.1. Type breakdown size & forecasts, 2025-2035
  - 8.7.1.2. Application breakdown size & forecasts, 2025-2035
  - 8.7.1.3. End Use breakdown size & forecasts, 2025-2035
- 8.7.2. Saudi Arabia (KSA) Industrial Services Market
  - 8.7.2.1. Type breakdown size & forecasts, 2025-2035
  - 8.7.2.2. Application breakdown size & forecasts, 2025-2035
  - 8.7.2.3. End Use breakdown size & forecasts, 2025-2035
- 8.7.3. South Africa Industrial Services Market
  - 8.7.3.1. Type breakdown size & forecasts, 2025-2035
  - 8.7.3.2. Application breakdown size & forecasts, 2025-2035
  - 8.7.3.3. End Use breakdown size & forecasts, 2025-2035

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Fluor Corporation
- 9.2.1. Company Overview
- 9.2.2. Key Executives
- 9.2.3. Company Snapshot
- 9.2.4. Financial Performance (Subject to Data Availability)
- 9.2.5. Product/Services Port
- 9.2.6. Recent Development
- 9.2.7. Market Strategies
- 9.2.8. SWOT Analysis
9.3. SNC-Lavalin Group Inc.
9.4. Jacobs Engineering Group Inc.
9.5. Bechtel Corporation
9.6. AECOM
9.7. KBR, Inc.
9.8. Saipem S.p.A.
9.9. TechnipFMC
9.10. Worley Limited
9.11. McDermott International, Inc.
9.12. Wood Group
9.13. Black & Veatch Corporation
9.14. Tetra Tech, Inc.
9.15. Chiyoda Corporation
9.16. Exyte AG