Product Code: ETC036089 | Publication Date: Jun 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The United Kintgdom (UK) industrial services market is expected to grow at a compound annual growth rate of 3.7% from 2020 to 2026, reaching a value of ?74 billion in 2026. This market primarily consists of the provision of maintenance and repair (M&R) services for industrial equipment and machinery, as well as installation and engineering services for new or upgraded equipment. Outsourcing these activities to third-party service providers has become increasingly popular among companies across various industries due to cost savings, access to specialized expertise, improved quality assurance standards, and more efficient use of resources.
In the wake of COVID-19 pandemic there was considerable decrease in demand for many products in 2020 but some firms have been able to benefit from increased demand from eCommerce sector which helped them remain profitable during this period. Many manufacturers are shifting their focus towards providing digital solutions such as predictive maintenance software and remote monitoring systems that can reduce downtime and increase productivity by identifying potential problems before they arise while working remotely taking advantage accelerated adoption rates due pandemic restrictions on people?s movement around country . As result , UK industrial services industry is projected experience healthy growth over coming years with increasing number customers opting innovative solutions provided by contract based service providers.
Additionally , introduction green initiatives also expected fuel demand UK Industrial Services Market over foreseeable future with government encouraging businesses adopt energy efficient technologies like LED lighting systems , renewable sources power generation etc . Thus , this would further lead high investments research development Department Energy Conservation leading innovation sustainable techniques production processes thereby creating numerous opportunities professional engineers provide necessary support implementation those technologies.
Going forward , strong emphasis being placed tailored customer experiences offered by technologically advanced solutions will continue accelerate pace technological advancements within industry helping it reach higher level maturity . Moreover , availability skilled workforce along ample funding sources venture capital firms make perfect environment encourage start ? up culture which ultimately stimulate economic activity create job opportunities within field contributing towards overall GDP nation.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Kingdom (UK) Industrial Services Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Industrial Services Market Revenues & Volume, 2019 & 2026F |
3.3 United Kingdom (UK) Industrial Services Market - Industry Life Cycle |
3.4 United Kingdom (UK) Industrial Services Market - Porter's Five Forces |
3.5 United Kingdom (UK) Industrial Services Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 United Kingdom (UK) Industrial Services Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 United Kingdom (UK) Industrial Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Kingdom (UK) Industrial Services Market Trends |
6 United Kingdom (UK) Industrial Services Market, By Types |
6.1 United Kingdom (UK) Industrial Services Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Industrial Services Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 United Kingdom (UK) Industrial Services Market Revenues & Volume, By Engineering and Consulting, 2016 - 2026F |
6.1.4 United Kingdom (UK) Industrial Services Market Revenues & Volume, By Installation and Commissioning, 2016 - 2026F |
6.1.5 United Kingdom (UK) Industrial Services Market Revenues & Volume, By Operational Improvement and Maintenance, 2016 - 2026F |
6.2 United Kingdom (UK) Industrial Services Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Industrial Services Market Revenues & Volume, By Distributed Control System (DCS), 2016 - 2026F |
6.2.3 United Kingdom (UK) Industrial Services Market Revenues & Volume, By Programmable Logic Controller (PLC), 2016 - 2026F |
6.2.4 United Kingdom (UK) Industrial Services Market Revenues & Volume, By Supervisory Control and Data Acquisition (SCADA), 2016 - 2026F |
6.2.5 United Kingdom (UK) Industrial Services Market Revenues & Volume, By Electric Motors and Drives, 2016 - 2026F |
6.2.6 United Kingdom (UK) Industrial Services Market Revenues & Volume, By Valves and Actuators, 2016 - 2026F |
6.2.7 United Kingdom (UK) Industrial Services Market Revenues & Volume, By Human Machine Interface (HMI), 2016 - 2026F |
6.2.8 United Kingdom (UK) Industrial Services Market Revenues & Volume, By Safety Systems, 2016 - 2026F |
6.2.9 United Kingdom (UK) Industrial Services Market Revenues & Volume, By Safety Systems, 2016 - 2026F |
7 United Kingdom (UK) Industrial Services Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Industrial Services Market Export to Major Countries |
7.2 United Kingdom (UK) Industrial Services Market Imports from Major Countries |
8 United Kingdom (UK) Industrial Services Market Key Performance Indicators |
9 United Kingdom (UK) Industrial Services Market - Opportunity Assessment |
9.1 United Kingdom (UK) Industrial Services Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 United Kingdom (UK) Industrial Services Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 United Kingdom (UK) Industrial Services Market - Competitive Landscape |
10.1 United Kingdom (UK) Industrial Services Market Revenue Share, By Companies, 2019 |
10.2 United Kingdom (UK) Industrial Services Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |