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PUBLISHER: KBV Research | PRODUCT CODE: 1405283
PUBLISHER: KBV Research | PRODUCT CODE: 1405283
Europe Industrial Services Market Size, Share & Trends Analysis Report By End User, By Type (Operational Improvement & Maintenance, Installation & Commissioning, and Engineering & Consulting), By Application, By Country and Growth Forecast, 2023 - 2030
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The Europe Industrial Services Market would witness market growth of 8.0% CAGR during the forecast period (2023-2030).
AR and VR technologies are finding applications in training, maintenance, and troubleshooting within the market. Remote assistance using AR enables technicians to receive real-time guidance from experts, reducing downtime and improving efficiency. VR is employed for immersive training experiences, allowing workers to simulate complex procedures and enhance their skills.
Moreover, predictive maintenance has emerged as a cornerstone application in the market. Service providers can predict equipment failures by leveraging sensors and data analytics before they occur, enabling proactive maintenance. This approach minimizes downtime, extends equipment lifespan, and reduces maintenance costs. Condition monitoring involves real-time tracking of equipment performance parameters. IoT-enabled sensors gather data on factors like temperature, vibration, and pressure. Service providers use this data to monitor equipment health, detect anomalies, and schedule maintenance activities based on actual conditions rather than fixed intervals.
Europe has been a key proponent of Industry 4.0, which focuses on integrating smart technologies into manufacturing and industrial processes. According to Germany Trade and Invest, IT infrastructure advancements are anticipated to fuel additional market expansion. Strong growth is anticipated for 5G networks in 2021 (86.5 percent of Germany covered commercial launches of SA stand-alone networks). By 2024, eighty percent of all manufacturing companies intend to have implemented digital transformations throughout their value chains. Moreover, As per the Germany Trade and Invest, German OEMs were responsible for internal R&D investments of almost EUR 28.3 billion in 2021. Germany's automotive sector is the country's most innovative industry, accounting for 34.1 percent of total German industry R&D expenditure of around EUR 71 billion in 2020. Thus, the growing adoption of Industry 4.0 technologies and rising automotive R&D investments in Europe will fuel the growth of the regional market.
The Germany market dominated the Europe Industrial Services Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,199.7 million by 2030. The UK market is exhibiting a CAGR of 7% during (2023 - 2030). Additionally, The France market would experience a CAGR of 8.8% during (2023 - 2030).
Based on End User, the market is segmented into Automotive, Aerospace, Metal & Mining, Energy & Power, Food & Beverages, Chemical, Healthcare & Pharmaceuticals, Oil & Gas, Semiconductor, Pulp & Paper, and Others. Based on Type, the market is segmented into Operational Improvement & Maintenance, Installation & Commissioning, and Engineering & Consulting. Based on Application, the market is segmented into Manufacturing Execution System (MES), Distribution Control System (DCS), Industrial Robotics & PC, Motor & Drives, PLC & SCADA, Industrial 3D Printing, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Honeywell International, Inc., Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, General Electric Company, Emerson Electric Co., Yokogawa Electric Corporation, Mitsubishi Electric Corporation and Samson AG
Scope of the Study
Market Segments covered in the Report:
By End User
- Automotive
- Aerospace
- Metal & Mining
- Energy & Power
- Food & Beverages
- Chemical
- Healthcare & Pharmaceuticals
- Oil & Gas
- Semiconductor
- Pulp & Paper
- Others
By Type
- Operational Improvement & Maintenance
- Installation & Commissioning
- Engineering & Consulting
By Application
- Manufacturing Execution System (MES)
- Distribution Control System (DCS)
- Industrial Robotics & PC
- Motor & Drives
- PLC & SCADA
- Industrial 3D Printing
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Companies Profiled
- ABB Group
- Honeywell International, Inc.
- Rockwell Automation, Inc.
- Schneider Electric SE
- Siemens AG
- General Electric Company
- Emerson Electric Co.
- Yokogawa Electric Corporation
- Mitsubishi Electric Corporation
- Samson AG
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Industrial Services Market, by End User
- 1.4.2 Europe Industrial Services Market, by Type
- 1.4.3 Europe Industrial Services Market, by Application
- 1.4.4 Europe Industrial Services Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market At a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
- 4.1 Market Share Analysis, 2022
- 4.2 Strategies Deployed in Industrial Services Market
- 4.3 Porter's Five Forces Analysis
Chapter 5. Europe Industrial Services Market by End User
- 5.1 Europe Automotive Market by Country
- 5.2 Europe Aerospace Market by Country
- 5.3 Europe Metal & Mining Market by Country
- 5.4 Europe Energy & Power Market by Country
- 5.5 Europe Food & Beverages Market by Country
- 5.6 Europe Chemical Market by Country
- 5.7 Europe Healthcare & Pharmaceuticals Market by Country
- 5.8 Europe Oil & Gas Market by Country
- 5.9 Europe Semiconductor Market by Country
- 5.1 Europe Pulp & Paper Market by Country
- 5.11 Europe Others Market by Country
Chapter 6. Europe Industrial Services Market by Type
- 6.1 Europe Operational Improvement & Maintenance Market by Country
- 6.2 Europe Installation & Commissioning Market by Country
- 6.3 Europe Engineering & Consulting Market by Country
Chapter 7. Europe Industrial Services Market by Application
- 7.1 Europe Manufacturing Execution System (MES) Market by Country
- 7.2 Europe Distribution Control System (DCS) Market by Country
- 7.3 Europe Industrial Robotics & PC Market by Country
- 7.4 Europe Motor & Drives Market by Country
- 7.5 Europe PLC & SCADA Market by Country
- 7.6 Europe Industrial 3D Printing Market by Country
- 7.7 Europe Others Market by Country
Chapter 8. Europe Industrial Services Market by Country
- 8.1 Germany Industrial Services Market
- 8.1.1 Germany Industrial Services Market by End User
- 8.1.2 Germany Industrial Services Market by Type
- 8.1.3 Germany Industrial Services Market by Application
- 8.2 UK Industrial Services Market
- 8.2.1 UK Industrial Services Market by End User
- 8.2.2 UK Industrial Services Market by Type
- 8.2.3 UK Industrial Services Market by Application
- 8.3 France Industrial Services Market
- 8.3.1 France Industrial Services Market by End User
- 8.3.2 France Industrial Services Market by Type
- 8.3.3 France Industrial Services Market by Application
- 8.4 Russia Industrial Services Market
- 8.4.1 Russia Industrial Services Market by End User
- 8.4.2 Russia Industrial Services Market by Type
- 8.4.3 Russia Industrial Services Market by Application
- 8.5 Spain Industrial Services Market
- 8.5.1 Spain Industrial Services Market by End User
- 8.5.2 Spain Industrial Services Market by Type
- 8.5.3 Spain Industrial Services Market by Application
- 8.6 Italy Industrial Services Market
- 8.6.1 Italy Industrial Services Market by End User
- 8.6.2 Italy Industrial Services Market by Type
- 8.6.3 Italy Industrial Services Market by Application
- 8.7 Rest of Europe Industrial Services Market
- 8.7.1 Rest of Europe Industrial Services Market by End User
- 8.7.2 Rest of Europe Industrial Services Market by Type
- 8.7.3 Rest of Europe Industrial Services Market by Application
Chapter 9. Company Profiles
- 9.1 ABB Group
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expense
- 9.1.5 Recent strategies and developments:
- 9.1.5.1 Geographical Expansions:
- 9.1.6 SWOT Analysis
- 9.2 Honeywell International, Inc.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expenses
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Product Launches and Product Expansions:
- 9.2.5.2 Acquisition and Mergers:
- 9.2.6 SWOT Analysis
- 9.3 Rockwell Automation, Inc.
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expenses
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.3.5.2 Acquisition and Mergers:
- 9.3.6 SWOT Analysis
- 9.4 Schneider Electric SE
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expense
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Partnerships, Collaborations, and Agreements:
- 9.4.6 SWOT Analysis
- 9.5 Siemens AG
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 Recent strategies and developments:
- 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.6 SWOT Analysis
- 9.6 General Electric Company
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expense
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Partnerships, Collaborations, and Agreements:
- 9.6.6 SWOT Analysis
- 9.7 Emerson Electric Co.
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 Recent strategies and developments:
- 9.7.5.1 Partnerships, Collaborations, and Agreements:
- 9.7.5.2 Acquisition and Mergers:
- 9.7.6 SWOT Analysis
- 9.8 Yokogawa Electric Corporation
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expenses
- 9.8.5 SWOT Analysis
- 9.9 Mitsubishi Electric Corporation
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expense
- 9.9.5 Recent strategies and developments:
- 9.9.5.1 Partnerships, Collaborations, and Agreements:
- 9.9.6 SWOT Analysis
- 9.10. Samson AG
- 9.10.1 Company Overview
- 9.10.2 SWOT Analysis
LIST OF TABLES
- TABLE 1 Europe Industrial Services Market, 2019 - 2022, USD Million
- TABLE 2 Europe Industrial Services Market, 2023 - 2030, USD Million
- TABLE 3 Europe Industrial Services Market by End User, 2019 - 2022, USD Million
- TABLE 4 Europe Industrial Services Market by End User, 2023 - 2030, USD Million
- TABLE 5 Europe Automotive Market by Country, 2019 - 2022, USD Million
- TABLE 6 Europe Automotive Market by Country, 2023 - 2030, USD Million
- TABLE 7 Europe Aerospace Market by Country, 2019 - 2022, USD Million
- TABLE 8 Europe Aerospace Market by Country, 2023 - 2030, USD Million
- TABLE 9 Europe Metal & Mining Market by Country, 2019 - 2022, USD Million
- TABLE 10 Europe Metal & Mining Market by Country, 2023 - 2030, USD Million
- TABLE 11 Europe Energy & Power Market by Country, 2019 - 2022, USD Million
- TABLE 12 Europe Energy & Power Market by Country, 2023 - 2030, USD Million
- TABLE 13 Europe Food & Beverages Market by Country, 2019 - 2022, USD Million
- TABLE 14 Europe Food & Beverages Market by Country, 2023 - 2030, USD Million
- TABLE 15 Europe Chemical Market by Country, 2019 - 2022, USD Million
- TABLE 16 Europe Chemical Market by Country, 2023 - 2030, USD Million
- TABLE 17 Europe Healthcare & Pharmaceuticals Market by Country, 2019 - 2022, USD Million
- TABLE 18 Europe Healthcare & Pharmaceuticals Market by Country, 2023 - 2030, USD Million
- TABLE 19 Europe Oil & Gas Market by Country, 2019 - 2022, USD Million
- TABLE 20 Europe Oil & Gas Market by Country, 2023 - 2030, USD Million
- TABLE 21 Europe Semiconductor Market by Country, 2019 - 2022, USD Million
- TABLE 22 Europe Semiconductor Market by Country, 2023 - 2030, USD Million
- TABLE 23 Europe Pulp & Paper Market by Country, 2019 - 2022, USD Million
- TABLE 24 Europe Pulp & Paper Market by Country, 2023 - 2030, USD Million
- TABLE 25 Europe Others Market by Country, 2019 - 2022, USD Million
- TABLE 26 Europe Others Market by Country, 2023 - 2030, USD Million
- TABLE 27 Europe Industrial Services Market by Type, 2019 - 2022, USD Million
- TABLE 28 Europe Industrial Services Market by Type, 2023 - 2030, USD Million
- TABLE 29 Europe Operational Improvement & Maintenance Market by Country, 2019 - 2022, USD Million
- TABLE 30 Europe Operational Improvement & Maintenance Market by Country, 2023 - 2030, USD Million
- TABLE 31 Europe Installation & Commissioning Market by Country, 2019 - 2022, USD Million
- TABLE 32 Europe Installation & Commissioning Market by Country, 2023 - 2030, USD Million
- TABLE 33 Europe Engineering & Consulting Market by Country, 2019 - 2022, USD Million
- TABLE 34 Europe Engineering & Consulting Market by Country, 2023 - 2030, USD Million
- TABLE 35 Europe Industrial Services Market by Application, 2019 - 2022, USD Million
- TABLE 36 Europe Industrial Services Market by Application, 2023 - 2030, USD Million
- TABLE 37 Europe Manufacturing Execution System (MES) Market by Country, 2019 - 2022, USD Million
- TABLE 38 Europe Manufacturing Execution System (MES) Market by Country, 2023 - 2030, USD Million
- TABLE 39 Europe Distribution Control System (DCS) Market by Country, 2019 - 2022, USD Million
- TABLE 40 Europe Distribution Control System (DCS) Market by Country, 2023 - 2030, USD Million
- TABLE 41 Europe Industrial Robotics & PC Market by Country, 2019 - 2022, USD Million
- TABLE 42 Europe Industrial Robotics & PC Market by Country, 2023 - 2030, USD Million
- TABLE 43 Europe Motor & Drives Market by Country, 2019 - 2022, USD Million
- TABLE 44 Europe Motor & Drives Market by Country, 2023 - 2030, USD Million
- TABLE 45 Europe PLC & SCADA Market by Country, 2019 - 2022, USD Million
- TABLE 46 Europe PLC & SCADA Market by Country, 2023 - 2030, USD Million
- TABLE 47 Europe Industrial 3D Printing Market by Country, 2019 - 2022, USD Million
- TABLE 48 Europe Industrial 3D Printing Market by Country, 2023 - 2030, USD Million
- TABLE 49 Europe Others Market by Country, 2019 - 2022, USD Million
- TABLE 50 Europe Others Market by Country, 2023 - 2030, USD Million
- TABLE 51 Europe Industrial Services Market by Country, 2019 - 2022, USD Million
- TABLE 52 Europe Industrial Services Market by Country, 2023 - 2030, USD Million
- TABLE 53 Germany Industrial Services Market, 2019 - 2022, USD Million
- TABLE 54 Germany Industrial Services Market, 2023 - 2030, USD Million
- TABLE 55 Germany Industrial Services Market by End User, 2019 - 2022, USD Million
- TABLE 56 Germany Industrial Services Market by End User, 2023 - 2030, USD Million
- TABLE 57 Germany Industrial Services Market by Type, 2019 - 2022, USD Million
- TABLE 58 Germany Industrial Services Market by Type, 2023 - 2030, USD Million
- TABLE 59 Germany Industrial Services Market by Application, 2019 - 2022, USD Million
- TABLE 60 Germany Industrial Services Market by Application, 2023 - 2030, USD Million
- TABLE 61 UK Industrial Services Market, 2019 - 2022, USD Million
- TABLE 62 UK Industrial Services Market, 2023 - 2030, USD Million
- TABLE 63 UK Industrial Services Market by End User, 2019 - 2022, USD Million
- TABLE 64 UK Industrial Services Market by End User, 2023 - 2030, USD Million
- TABLE 65 UK Industrial Services Market by Type, 2019 - 2022, USD Million
- TABLE 66 UK Industrial Services Market by Type, 2023 - 2030, USD Million
- TABLE 67 UK Industrial Services Market by Application, 2019 - 2022, USD Million
- TABLE 68 UK Industrial Services Market by Application, 2023 - 2030, USD Million
- TABLE 69 France Industrial Services Market, 2019 - 2022, USD Million
- TABLE 70 France Industrial Services Market, 2023 - 2030, USD Million
- TABLE 71 France Industrial Services Market by End User, 2019 - 2022, USD Million
- TABLE 72 France Industrial Services Market by End User, 2023 - 2030, USD Million
- TABLE 73 France Industrial Services Market by Type, 2019 - 2022, USD Million
- TABLE 74 France Industrial Services Market by Type, 2023 - 2030, USD Million
- TABLE 75 France Industrial Services Market by Application, 2019 - 2022, USD Million
- TABLE 76 France Industrial Services Market by Application, 2023 - 2030, USD Million
- TABLE 77 Russia Industrial Services Market, 2019 - 2022, USD Million
- TABLE 78 Russia Industrial Services Market, 2023 - 2030, USD Million
- TABLE 79 Russia Industrial Services Market by End User, 2019 - 2022, USD Million
- TABLE 80 Russia Industrial Services Market by End User, 2023 - 2030, USD Million
- TABLE 81 Russia Industrial Services Market by Type, 2019 - 2022, USD Million
- TABLE 82 Russia Industrial Services Market by Type, 2023 - 2030, USD Million
- TABLE 83 Russia Industrial Services Market by Application, 2019 - 2022, USD Million
- TABLE 84 Russia Industrial Services Market by Application, 2023 - 2030, USD Million
- TABLE 85 Spain Industrial Services Market, 2019 - 2022, USD Million
- TABLE 86 Spain Industrial Services Market, 2023 - 2030, USD Million
- TABLE 87 Spain Industrial Services Market by End User, 2019 - 2022, USD Million
- TABLE 88 Spain Industrial Services Market by End User, 2023 - 2030, USD Million
- TABLE 89 Spain Industrial Services Market by Type, 2019 - 2022, USD Million
- TABLE 90 Spain Industrial Services Market by Type, 2023 - 2030, USD Million
- TABLE 91 Spain Industrial Services Market by Application, 2019 - 2022, USD Million
- TABLE 92 Spain Industrial Services Market by Application, 2023 - 2030, USD Million
- TABLE 93 Italy Industrial Services Market, 2019 - 2022, USD Million
- TABLE 94 Italy Industrial Services Market, 2023 - 2030, USD Million
- TABLE 95 Italy Industrial Services Market by End User, 2019 - 2022, USD Million
- TABLE 96 Italy Industrial Services Market by End User, 2023 - 2030, USD Million
- TABLE 97 Italy Industrial Services Market by Type, 2019 - 2022, USD Million
- TABLE 98 Italy Industrial Services Market by Type, 2023 - 2030, USD Million
- TABLE 99 Italy Industrial Services Market by Application, 2019 - 2022, USD Million
- TABLE 100 Italy Industrial Services Market by Application, 2023 - 2030, USD Million
- TABLE 101 Rest of Europe Industrial Services Market, 2019 - 2022, USD Million
- TABLE 102 Rest of Europe Industrial Services Market, 2023 - 2030, USD Million
- TABLE 103 Rest of Europe Industrial Services Market by End User, 2019 - 2022, USD Million
- TABLE 104 Rest of Europe Industrial Services Market by End User, 2023 - 2030, USD Million
- TABLE 105 Rest of Europe Industrial Services Market by Type, 2019 - 2022, USD Million
- TABLE 106 Rest of Europe Industrial Services Market by Type, 2023 - 2030, USD Million
- TABLE 107 Rest of Europe Industrial Services Market by Application, 2019 - 2022, USD Million
- TABLE 108 Rest of Europe Industrial Services Market by Application, 2023 - 2030, USD Million
- TABLE 109 Key Information - ABB Group
- TABLE 110 Key Information - Honeywell International, Inc.
- TABLE 111 Key Information - Rockwell Automation, Inc.
- TABLE 112 Key Information - Schneider Electric SE
- TABLE 113 Key Information - Siemens AG
- TABLE 114 Key Information - General Electric Company
- TABLE 115 Key Information - Emerson Electric Co.
- TABLE 116 Key Information - Yokogawa Electric Corporation
- TABLE 117 Key Information - Mitsubishi Electric Corporation
- TABLE 118 Key Information - Samson AG
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