Industrial Services Market worth $44 1 billion by 2025 newyorktelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newyorktelegraph.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ According to the new market research report "Industrial Services Market with COVID-19 Impact by Type (Engineering & Consulting, Installation &.
Industrial Services Market worth $44.1 billion by 2025 - Exclusive Report by MarketsandMarkets
CHICAGO, Dec. 11, 2020 /PRNewswire/ According to the new market research report Industrial Services Market with COVID-19 Impact by Type (Engineering & Consulting, Installation & Commissioning, Operational Improvement & Maintenance), Application (MES, Motors & Drives, DCS, HMI, PLC), Industry, and Region - Global Forecast to 2025 , published by MarketsandMarkets, the Industrial Services Market is expected to be valued at USD 33.6 billion in 2020 and is expected to reach USD 44.1 billion by 2025, at a CAGR of 5.6% between 2020 and 2025. Key factors driving the adoption of industrial services include growing need for operational excellence, and increase in demand for maintenance-as-a-service. Moreover, adoption of digital technology to minimize the impact of COVID-19 and elevate organization safety.