Europe Industrial Services Market Size Worth USD 14.45 Billion by 2034 | CAGR: 6.58%

The europe industrial services market size is expected to reach USD 14.45 billion by 2034, according to a new study by Polaris Market Research. The report “Europe Industrial Services Market Share, Size, Trends, Industry Analysis Report By Type (Engineering & Consulting, Installation & Commissioning, Operational Improvement & Maintenance), By Application, By End Use, By Country; Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Industrial services encompass a wide range of support functions essential for the efficient operation and maintenance of industrial facilities. These services include equipment maintenance, repair, and overhaul (MRO), engineering solutions, inspection, safety compliance, and technical consulting. These services ensure machinery operates reliably, reduce downtime, enhance productivity, and extend asset life. Industrial services are used across sectors such as manufacturing, energy, and transportation. These services play a critical role in optimizing processes, improving safety, and meeting regulatory standards.

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Stringent regulations, technological innovation, and a strong emphasis on sustainability are driving Europe’s industrial services market. Countries such as Germany, France, and the UK are leading in providing engineering, maintenance, and digitalization services across manufacturing, energy, and infrastructure. The region also benefitted from a skilled workforce, robust industrial base, and widespread adoption of Industry 4.0 technologies such as IoT and predictive maintenance. European firms are now prioritizing energy efficiency and environmental compliance, which is increasing the need for specialized industrial services. Additionally, increasing demand for automation and smart factories is fueling growth of the Europe industrial services market.

Europe Industrial Services Market Report Highlights

• In terms of type, the engineering & consulting services segment held the largest revenue share in 2024 due to the rapid adoption of digital twins, smart factories, and Industry 4.0 technologies.
• Based on application, the distributed control system (DCS) segment accounted for a major revenue share in 2024 due to strict EU regulatory frameworks for industrial safety and emissions compliance.
• In terms of end use, the oil & gas sector faced constant pressure to modernize infrastructure, enhance energy efficiency, and align with the European Union’s decarbonization targets.
• Germany accounted for the largest Europe industrial services market share in 2024. This is attributed to its strong industrial base across automotive, chemicals, and machinery, which consistently demanded advanced consulting, automation, and maintenance services.
• The market in the UK is expected to grow at a robust CAGR from 2025 to 2034, owing to digital transformation and infrastructure modernization.
• A few key market players include ABB, Alstom SA, Emerson Electric Co., Honeywell International Inc., Rockwell Automation Inc., Samson AG, Schneider Electric SE, Siemens AG, Sonepar SA, and Yokogawa Electric Corporation.

Polaris Market Research has segmented the market report on the basis of type, application, end use, and country:

By Type Outlook (Revenue, USD Billion, 2020–2034)

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

By Application Outlook (Revenue, USD Billion, 2020–2034)

• Distributed Control System (DCS)
• Programmable Controller Logic (PLC)
• Supervisory Control and Data Acquisition (SCADA)
• Electric Motors & Drives
• Valves & Actuators
• Manufacturing Execution System
• Others

By End Use Outlook (Revenue, USD Billion, 2020–2034)

• Oil and Gas
• Chemicals
• Automotive
• Pharmaceuticals
• Others

By Country Outlook (Revenue, USD Billion, 2020–2034)

• Germany
• France
• UK
• Italy
• Spain
• Netherlands
• Russia
• Rest of Europe