June 11, 2019
5 Facts About Industrial Services
- The market is expected to grow at a CAGR of 5.4% between 2017 and 2023.
- Due to, the impact of reduced oil prices has created a higher demand for the industry.
- So several AMI performs are; Sheet metal fabrication, Concrete & Machine Foundations, New Machinery/Equipment Installation, Plant Relocation, and many more.
- The main factors of growth in the market are development strategies; service contracts and agreements, product developments, and company expansions.
- The operational improvement and maintenance services are expected to hold the largest share in the overall industrial services market. (Business Wire)