Asia Pacific Industrial Services Market Size, Share & Trends Analysis Report By End User, By Type, By Application, By Country and Growth Forecast, 2023

List of Tables

The Asia Pacific Industrial Services Market would witness market growth of 8.4% CAGR during the forecast period (2023-2030).

Remote monitoring enables industrial service providers to assess equipment health and diagnose issues from a centralized location. Because of this, there is less of a need for visits to the location, and it is possible to have faster response times when dealing with any issues. Remote diagnostics enhance overall operational efficiency and contribute to cost savings. With a growing emphasis on sustainability, industrial service providers are offering energy management services. This involves optimizing energy consumption, implementing energy-efficient technologies, and providing solutions to reduce the environmental impact of industrial operations.

Comprehensive asset lifecycle management services encompass the entire lifespan of industrial assets, from planning and procurement to maintenance and disposal. This approach ensures that assets are utilized efficiently, downtime is minimized, and the total cost of ownership is optimized over the asset's lifecycle. AR and VR technologies are increasingly used for training purposes in the market. Simulation-based training allows workers to familiarize themselves with complex equipment and procedures in a risk-free virtual environment. This not only enhances skills but also contributes to improved safety outcomes.

The Chinese government has actively promoted, developed, and adopted robotics and automation technologies. Various initiatives and policies have been implemented to support research and development in the field. According to data from the State Council of China, the country's robotics sector is anticipated to reach $17.4 billion by 2022. Industrial robot production in China reached a record 366,000 units in 2022, an increase of 68 percent year-over-year. Moreover, Indian industries are increasingly adopting smart manufacturing practices, incorporating automation, robotics, and IoT technologies. As per the International Trade Administration, Smart Advanced Manufacturing and Rapid Transformation Hubs or SAMARTH Udyog Bharat 4.0 is one of the Government of India's Ministry for Heavy Industries & Public Enterprises initiatives to enhance competitiveness in the capital goods industry. Therefore, growth in the robotic sector and increasing Industry 4.0 initiatives in the Asia Pacific will contribute to increased demand for these services in the region.

The China market dominated the Asia Pacific Industrial Services Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $6,891.1 million by 2030. The Japan market is registering a CAGR of 7.6% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 9% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

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

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Asia Pacific Industrial Services Market, by End User
- 1.4.2 Asia Pacific Industrial Services Market, by Type
- 1.4.3 Asia Pacific Industrial Services Market, by Application
- 1.4.4 Asia Pacific 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
3.2 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. Asia Pacific Industrial Services Market by End User

5.1 Asia Pacific Automotive Market by Country
5.2 Asia Pacific Aerospace Market by Country
5.3 Asia Pacific Metal & Mining Market by Country
5.4 Asia Pacific Energy & Power Market by Country
5.5 Asia Pacific Food & Beverages Market by Country
5.6 Asia Pacific Chemical Market by Country
5.7 Asia Pacific Healthcare & Pharmaceuticals Market by Country
5.8 Asia Pacific Oil & Gas Market by Country
5.9 Asia Pacific Semiconductor Market by Country
5.1 Asia Pacific Pulp & Paper Market by Country
5.11 Asia Pacific Others Market by Country

Chapter 6. Asia Pacific Industrial Services Market by Type

6.1 Asia Pacific Operational Improvement & Maintenance Market by Country
6.2 Asia Pacific Installation & Commissioning Market by Country
6.3 Asia Pacific Engineering & Consulting Market by Country

Chapter 7. Asia Pacific Industrial Services Market by Application

7.1 Asia Pacific Manufacturing Execution System (MES) Market by Country
7.2 Asia Pacific Distribution Control System (DCS) Market by Country
7.3 Asia Pacific Industrial Robotics & PC Market by Country
7.4 Asia Pacific Motor & Drives Market by Country
7.5 Asia Pacific PLC & SCADA Market by Country
7.6 Asia Pacific Industrial 3D Printing Market by Country
7.7 Asia Pacific Others Market by Country

Chapter 8. Asia Pacific Industrial Services Market by Country

8.1 China Industrial Services Market
- 8.1.1 China Industrial Services Market by End User
- 8.1.2 China Industrial Services Market by Type
- 8.1.3 China Industrial Services Market by Application
8.2 Japan Industrial Services Market
- 8.2.1 Japan Industrial Services Market by End User
- 8.2.2 Japan Industrial Services Market by Type
- 8.2.3 Japan Industrial Services Market by Application
8.3 India Industrial Services Market
- 8.3.1 India Industrial Services Market by End User
- 8.3.2 India Industrial Services Market by Type
- 8.3.3 India Industrial Services Market by Application
8.4 South Korea Industrial Services Market
- 8.4.1 South Korea Industrial Services Market by End User
- 8.4.2 South Korea Industrial Services Market by Type
- 8.4.3 South Korea Industrial Services Market by Application
8.5 Singapore Industrial Services Market
- 8.5.1 Singapore Industrial Services Market by End User
- 8.5.2 Singapore Industrial Services Market by Type
- 8.5.3 Singapore Industrial Services Market by Application
8.6 Malaysia Industrial Services Market
- 8.6.1 Malaysia Industrial Services Market by End User
- 8.6.2 Malaysia Industrial Services Market by Type
- 8.6.3 Malaysia Industrial Services Market by Application
8.7 Rest of Asia Pacific Industrial Services Market
- 8.7.1 Rest of Asia Pacific Industrial Services Market by End User
- 8.7.2 Rest of Asia Pacific Industrial Services Market by Type
- 8.7.3 Rest of Asia Pacific 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 Asia Pacific Industrial Services Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Industrial Services Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Industrial Services Market by End User, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Industrial Services Market by End User, 2023 - 2030, USD Million
TABLE 5 Asia Pacific Automotive Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Automotive Market by Country, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Aerospace Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Aerospace Market by Country, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Metal & Mining Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Metal & Mining Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Energy & Power Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Energy & Power Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Food & Beverages Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Food & Beverages Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Chemical Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Chemical Market by Country, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Healthcare & Pharmaceuticals Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Healthcare & Pharmaceuticals Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Oil & Gas Market by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific Semiconductor Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Semiconductor Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Pulp & Paper Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Pulp & Paper Market by Country, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Industrial Services Market by Type, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Industrial Services Market by Type, 2023 - 2030, USD Million
TABLE 29 Asia Pacific Operational Improvement & Maintenance Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Operational Improvement & Maintenance Market by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Installation & Commissioning Market by Country, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Installation & Commissioning Market by Country, 2023 - 2030, USD Million
TABLE 33 Asia Pacific Engineering & Consulting Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Engineering & Consulting Market by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Industrial Services Market by Application, 2019 - 2022, USD Million
TABLE 36 Asia Pacific Industrial Services Market by Application, 2023 - 2030, USD Million
TABLE 37 Asia Pacific Manufacturing Execution System (MES) Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Manufacturing Execution System (MES) Market by Country, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Distribution Control System (DCS) Market by Country, 2019 - 2022, USD Million
TABLE 40 Asia Pacific Distribution Control System (DCS) Market by Country, 2023 - 2030, USD Million
TABLE 41 Asia Pacific Industrial Robotics & PC Market by Country, 2019 - 2022, USD Million
TABLE 42 Asia Pacific Industrial Robotics & PC Market by Country, 2023 - 2030, USD Million
TABLE 43 Asia Pacific Motor & Drives Market by Country, 2019 - 2022, USD Million
TABLE 44 Asia Pacific Motor & Drives Market by Country, 2023 - 2030, USD Million
TABLE 45 Asia Pacific PLC & SCADA Market by Country, 2019 - 2022, USD Million
TABLE 46 Asia Pacific PLC & SCADA Market by Country, 2023 - 2030, USD Million
TABLE 47 Asia Pacific Industrial 3D Printing Market by Country, 2019 - 2022, USD Million
TABLE 48 Asia Pacific Industrial 3D Printing Market by Country, 2023 - 2030, USD Million
TABLE 49 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 50 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 51 Asia Pacific Industrial Services Market by Country, 2019 - 2022, USD Million
TABLE 52 Asia Pacific Industrial Services Market by Country, 2023 - 2030, USD Million
TABLE 53 China Industrial Services Market, 2019 - 2022, USD Million
TABLE 54 China Industrial Services Market, 2023 - 2030, USD Million
TABLE 55 China Industrial Services Market by End User, 2019 - 2022, USD Million
TABLE 56 China Industrial Services Market by End User, 2023 - 2030, USD Million
TABLE 57 China Industrial Services Market by Type, 2019 - 2022, USD Million
TABLE 58 China Industrial Services Market by Type, 2023 - 2030, USD Million
TABLE 59 China Industrial Services Market by Application, 2019 - 2022, USD Million
TABLE 60 China Industrial Services Market by Application, 2023 - 2030, USD Million
TABLE 61 Japan Industrial Services Market, 2019 - 2022, USD Million
TABLE 62 Japan Industrial Services Market, 2023 - 2030, USD Million
TABLE 63 Japan Industrial Services Market by End User, 2019 - 2022, USD Million
TABLE 64 Japan Industrial Services Market by End User, 2023 - 2030, USD Million
TABLE 65 Japan Industrial Services Market by Type, 2019 - 2022, USD Million
TABLE 66 Japan Industrial Services Market by Type, 2023 - 2030, USD Million
TABLE 67 Japan Industrial Services Market by Application, 2019 - 2022, USD Million
TABLE 68 Japan Industrial Services Market by Application, 2023 - 2030, USD Million
TABLE 69 India Industrial Services Market, 2019 - 2022, USD Million
TABLE 70 India Industrial Services Market, 2023 - 2030, USD Million
TABLE 71 India Industrial Services Market by End User, 2019 - 2022, USD Million
TABLE 72 India Industrial Services Market by End User, 2023 - 2030, USD Million
TABLE 73 India Industrial Services Market by Type, 2019 - 2022, USD Million
TABLE 74 India Industrial Services Market by Type, 2023 - 2030, USD Million
TABLE 75 India Industrial Services Market by Application, 2019 - 2022, USD Million
TABLE 76 India Industrial Services Market by Application, 2023 - 2030, USD Million
TABLE 77 South Korea Industrial Services Market, 2019 - 2022, USD Million
TABLE 78 South Korea Industrial Services Market, 2023 - 2030, USD Million
TABLE 79 South Korea Industrial Services Market by End User, 2019 - 2022, USD Million
TABLE 80 South Korea Industrial Services Market by End User, 2023 - 2030, USD Million
TABLE 81 South Korea Industrial Services Market by Type, 2019 - 2022, USD Million
TABLE 82 South Korea Industrial Services Market by Type, 2023 - 2030, USD Million
TABLE 83 South Korea Industrial Services Market by Application, 2019 - 2022, USD Million
TABLE 84 South Korea Industrial Services Market by Application, 2023 - 2030, USD Million
TABLE 85 Singapore Industrial Services Market, 2019 - 2022, USD Million
TABLE 86 Singapore Industrial Services Market, 2023 - 2030, USD Million
TABLE 87 Singapore Industrial Services Market by End User, 2019 - 2022, USD Million
TABLE 88 Singapore Industrial Services Market by End User, 2023 - 2030, USD Million
TABLE 89 Singapore Industrial Services Market by Type, 2019 - 2022, USD Million
TABLE 90 Singapore Industrial Services Market by Type, 2023 - 2030, USD Million
TABLE 91 Singapore Industrial Services Market by Application, 2019 - 2022, USD Million
TABLE 92 Singapore Industrial Services Market by Application, 2023 - 2030, USD Million
TABLE 93 Malaysia Industrial Services Market, 2019 - 2022, USD Million
TABLE 94 Malaysia Industrial Services Market, 2023 - 2030, USD Million
TABLE 95 Malaysia Industrial Services Market by End User, 2019 - 2022, USD Million
TABLE 96 Malaysia Industrial Services Market by End User, 2023 - 2030, USD Million
TABLE 97 Malaysia Industrial Services Market by Type, 2019 - 2022, USD Million
TABLE 98 Malaysia Industrial Services Market by Type, 2023 - 2030, USD Million
TABLE 99 Malaysia Industrial Services Market by Application, 2019 - 2022, USD Million
TABLE 100 Malaysia Industrial Services Market by Application, 2023 - 2030, USD Million
TABLE 101 Rest of Asia Pacific Industrial Services Market, 2019 - 2022, USD Million
TABLE 102 Rest of Asia Pacific Industrial Services Market, 2023 - 2030, USD Million
TABLE 103 Rest of Asia Pacific Industrial Services Market by End User, 2019 - 2022, USD Million
TABLE 104 Rest of Asia Pacific Industrial Services Market by End User, 2023 - 2030, USD Million
TABLE 105 Rest of Asia Pacific Industrial Services Market by Type, 2019 - 2022, USD Million
TABLE 106 Rest of Asia Pacific Industrial Services Market by Type, 2023 - 2030, USD Million
TABLE 107 Rest of Asia Pacific Industrial Services Market by Application, 2019 - 2022, USD Million
TABLE 108 Rest of Asia Pacific 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

Asia Pacific Industrial Services Market Size, Share & Trends Analysis Report By End User, By Type, By Application, By Country and Growth Forecast, 2023 - 2030

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