The total industrial production in January rose 0.8% from its year-earlier level. Also, manufacturing output increased by 1%, and mining output rose by 2% after two months of substantial decreases for each sector.
Increasing demand for operational excellence across the industrial sectors and the rising adoption of various technologies should help the global industrial services market thrive in the coming years. It is expected to reach an estimated value of $34 billion approximately by 2035, expanding at a CAGR of 9%.
