5 Facts about Industrial Services

5 Facts About Industrial Services

  1. The market is expected to grow at a CAGR of 5.4% between 2017 and 2023.
  2. Due to, the impact of reduced oil prices has created a higher demand for the industry.
  3. So several AMI performs are; Sheet metal fabrication, Concrete & Machine Foundations, New Machinery/Equipment Installation, Plant Relocation, and many more.
  4. The main factors of growth in the market are development strategies; service contracts and agreements, product developments, and company expansions.
  5. The operational improvement and maintenance services are expected to hold the largest share in the overall industrial services market. (Business Wire)