MRO Specialty Services & Outsourced O&M · Indirect
Monitoring · monthlyProcurement Category Intelligence
Industrial Rigging Services
Overview
Market size
$28.5B
global, USD
CAGR
4.2%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
4
tracked players
Signals
12
3 high severity
Market outlook
2031$35.0B
What changed
Demand by region
North America demand35%
Asia Pacific demand30%
Europe demand20%
Latin America demand10%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Skilled Labor and Field Engineering45%
Heavy Lift Crane and Transport Equipment Capital25%
Steel and Synthetic Polymer Consumables15%
Fuel and Mobilization Logistics10%
Insurance and Regulatory Compliance5%
share of delivered cost (analyst estimate)