Jordan Industrial Services Market (2024-2030) | Companies, Revenue, Value, Analysis, Size, Share, Outlook, Trends, Forecast, Growth & Industry

Jordan Industrial Services Market Highlights

Report Name	Jordan Industrial Services Market
Forecast Period	2024-2030
Market Size	USD 1.5Billion –  USD 2.1Billion
CAGR	5.6%
Growing Sector	Power Generation

Topics Covered in the Jordan Industrial Services Market Report

The Jordan Industrial Services market report thoroughly covers the market by type and by application. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Jordan Industrial Services Market Size & Analysis

In 2024, the Jordan Industrial Services market is valued at approximately $ 1.5billion, with a projected compound annual growth rate (CAGR) of 5.6% over the next five years. Additionally, by 2030, the market is expected to reach around $ 2.1billion. Thepower generation sector holds significant position in the overall market.

Jordan Industrial Services Market Synopsis

The Jordan industrial services market is characterized by steady growth, driven by its strategic location, expanding manufacturing base, and government initiatives to attract foreign investment. The market spans sectors such as energy, construction, pharmaceuticals, and mining, with industrial services playing a crucial role in enhancing operational efficiency and sustainability. Jordan's emphasis on renewable energy, particularly solar and wind, has increased demand for specialized services in energy project development and maintenance. Additionally, the government's focus on advancing infrastructure and industrial modernization under initiatives like Jordan Vision 2025 is fostering the adoption of innovative technologies and consulting services.

According to 6Wresearch, Jordan Industrial Services marke tsize is projected to grow at a CAGR of 5.6% during 2024-2030. The growth of the Jordan industrial services market is driven by several factors, including the country’s strategic initiatives like Jordan Vision 2025, which emphasize industrial modernization, foreign investment, and renewable energy expansion. The rise of the renewable energy sector, particularly solar and wind projects, has spurred demand for specialized industrial services such as installation, maintenance, and consulting. Additionally, the construction and infrastructure sectors are growing due to urbanization and government-backed infrastructure development projects. Jordan’s strategic location as a trade and logistics hub also enhances its industrial prospects, attracting regional and international players. However, the Jordan Industrial Services industryfaces challenges such as limited natural resources, reliance on energy imports, and regional political instability, which can impact investment flows and operational continuity. Addressing these challenges through policy reforms, investment in workforce development, and technology adoption will be critical for sustained growth.

Jordan Industrial Services Market Trends

Rising Renewable Energy Investments - Increased focus on solar and wind energy projects is driving demand for installation, maintenance, and consulting services.

Infrastructure Development - Expansion of urbanization and large-scale construction projects are fueling growth in industrial services related to construction and engineering.

Digital Transformation - Adoption of smart technologies, IoT, and automation is gaining traction across sectors, improving operational efficiency.

Foreign Direct Investments (FDI) - Government initiatives to attract FDI, particularly in energy, manufacturing, and logistics, are boosting market opportunities.

Sustainability Focus - Growing emphasis on eco-friendly practices and energy efficiency is shaping demand for innovative industrial services.

Investment Opportunities in the Jordan Industrial Services Market

Renewable Energy Services - Opportunities in installation, maintenance, and consulting for solar and wind energy projects, driven by Jordan's focus on sustainability.

Infrastructure Development - Investments in construction-related industrial services for roads, housing, and urban development projects.

Energy Efficiency Solutions - Growing demand for retrofitting, energy audits, and efficient systems in manufacturing and commercial sectors.

Digitalization in Industry - Potential in IoT, automation, and AI-driven services for optimizing industrial processes.

Logistics and Trade Services - Investment opportunities in logistics consulting and operational services, leveraging Jordan's position as a regional trade hub.

Key Players in the Jordan Industrial Services Market

The Jordan industrial services market features a mix of local and international players providing diverse solutions across sectors. Key companies include Arabian Industrial Services and Jordan Advanced Maintenance Company, known for their expertise in maintenance and engineering solutions. Multinational corporations like Siemens, Schneider Electric, and ABB play a significant role in offering advanced technologies and consulting services, particularly in energy and automation. Local firms such as Aqaba Logistics Village and Jordan Industrial Estates Corporation contribute to the logistics and infrastructure sectors. Additionally, some of these players hold majority of the Jordan Industrial Services market share. Moreover, these companies are instrumental in driving innovation, enhancing operational efficiency, and supporting the country’s strategic focus on industrial modernization and renewable energy development.

Government Regulationsin the Jordan Industrial Services Market

The Jordan government has implemented a range of regulations and initiatives to support the industrial services market, focusing on sustainability, energy efficiency, and foreign investment. Policies under Jordan Vision 2025 aim to modernize industries, promote renewable energy adoption, and attract international investors through tax incentives and streamlined procedures. The Renewable Energy and Energy Efficiency Law encourages investment in solar and wind energy, creating opportunities for specialized industrial services. Further, these initiatives have further boosted the Jordan Industrial Services market revenues. Furthermore, strict environmental regulations mandate the adoption of eco-friendly practices, driving demand for energy audits and sustainable solutions. Industrial zones and free trade agreements further facilitate growth by providing infrastructure and reducing trade barriers, ensuring a conducive environment for industrial service providers.

Future Insights of the Jordan Industrial Services Market

The future of the Jordan industrial services market looks promising, driven by sustained investments in renewable energy, infrastructure, and industrial modernization. The growing adoption of digital technologies, such as IoT and automation, is expected to revolutionize industrial operations, enhancing efficiency and reducing costs. As Jordan continues to position itself as a regional trade and logistics hub, demand for specialized consulting, maintenance, and engineering services is set to increase. Government initiatives like Jordan Vision 2025 and policies promoting sustainability will further attract foreign investments and bolster industrial growth. Despite challenges like resource constraints and geopolitical factors, the market is poised for steady expansion, with a focus on energy efficiency, digital transformation, and tailored industrial solutions.

Engineering and Consulting Servicesto Dominate the Market - By Type

According to Ravi Bhandari, Research Head, 6Wresearch, the engineering and consulting services segment in the Jordan industrial services market is experiencing robust growth, driven by the country’s focus on infrastructure development, renewable energy projects, and industrial modernization. With initiatives like Jordan Vision 2025, demand for specialized engineering solutions and expert consulting has surged, particularly in sectors such as construction, energy, and manufacturing. Renewable energy projects, including solar and wind installations, require advanced engineering and tailored consulting to optimize design, implementation, and maintenance. Furthermore, the adoption of smart technologies and sustainable practices is fueling the need for expert guidance in process optimization and compliance with environmental regulations.

Electric Motors and Drives to Dominate the Market – By Application

The application of electric motors and drives in the Jordan industrial services market is seeing significant growth, driven by the increasing demand for energy-efficient and automated systems across various sectors. Industries such as manufacturing, mining, and agriculture are increasingly adopting electric motors and drives to enhance operational efficiency, reduce energy consumption, and meet sustainability goals. The expansion of renewable energy projects, particularly in solar and wind power, further drives this growth, as electric motors and drives are crucial components in these systems. Additionally, the growing trend of industrial automation, where electric motors and drives play a key role in robotics and automated machinery, is accelerating their adoption.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2020to 2023.
• Base Year 2023.
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Jordan Industrial Services Market Overview
• Jordan Industrial Services Market Outlook
• Market Size of Jordan Industrial Services Market, 2023
• Forecast of Jordan Industrial Services Market, 2030
• Historical Data and Forecast of Jordan Industrial Services Revenues & Volume for the Period 2020-2030
• Jordan Industrial Services Market Trend Evolution
• Jordan Industrial Services Market Drivers and Challenges
• Jordan Industrial ServicesMarket -Price Trends
• Jordan Industrial ServicesMarket -Porter's Five Forces
• Jordan Industrial Services Industry Life Cycle
• Historical Data and Forecast of Jordan Industrial Services Market Revenues & Volume, By Type for the Period 2020-2030
• Historical Data and Forecast of Jordan Industrial Services Market Revenues & Volume, By Engineering and Consulting for the Period 2020-2030
• Historical Data and Forecast of Jordan Industrial Services Market Revenues & Volume, By Installation and Commissioning for the Period 2020-2030
• Historical Data and Forecast of Jordan Industrial Services Market Revenues & Volume, By Operational Improvement and Maintenance for the Period 2020-2030
• Historical Data and Forecast of Jordan Industrial Services Market Revenues & Volume, By Applications for the Period 2020-2030
• Historical Data and Forecast of Jordan Industrial Services Market Revenues & Volume, By Distributed Control System (DCS) for the Period 2020-2030
• Historical Data and Forecast of Jordan Industrial Services Market Revenues & Volume, By Programmable Logic Controller (PLC) for the Period 2020-2030
• Historical Data and Forecast of Jordan Industrial Services Market Revenues & Volume, By Supervisory Control and Data Acquisition (SCADA) for the Period 2020-2030
• Historical Data and Forecast of Jordan Industrial Services Market Revenues & Volume, By Electric Motors and Drives for the Period 2020-2030
• Historical Data and Forecast of Jordan Industrial Services Market Revenues & Volume, By Valves and Actuators for the Period 2020-2030
• Historical Data and Forecast of Jordan Industrial Services Market Revenues & Volume, By Human Machine Interface (HMI) for the Period 2020-2030
• Historical Data and Forecast of Jordan Industrial Services Market Revenues & Volume, By Manufacturing Execution System (MES) for the Period 2020-2030
• Historical Data and Forecast of Jordan Industrial Services Market Revenues & Volume, By Safety Systems for the Period 2020-2030
• Jordan Industrial Services Import Export Trade Statistics
• Market Opportunity Assessment, By Type
• Market Opportunity Assessment, By Applications
• Jordan Industrial ServicesMarket -Top Companies Market Share
• Jordan Industrial ServicesMarket -Competitive Benchmarking, By Technical and Operational Parameters
• Jordan Industrial ServicesMarket -Company Profiles
• Jordan Industrial ServicesMarket - Key Strategic Recommendations

Markets Covered

The Jordan Industrial Services market report provides a detailed analysis of the following market segments 

By Type

• Engineering and Consulting
• Installation and Commissioning
• Operational Improvement and Maintenance

By Application

• Distributed Control System (DCS)
• Programmable Logic Controller (PLC)
• Supervisory Control and Data Acquisition (SCADA)
• Electric Motors and Drives
• Valves and Actuators
• Human Machine Interface (HMI)
• Manufacturing Execution System (MES)
• Safety Systems