Market Overview:
The global IGaaS market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of XX%. The growth of the market can be attributed to the increasing demand for industrial intermediates and final industrial products from large enterprises and SMEs. Moreover, the growing adoption of IGaaS by various end-users in different regions is also contributing to the growth of the market. However, lack of awareness about IGaaS among end-users may restrain the growth of this market during the forecast period. The global IGaaS market can be segmented on the basis of type, application, and region. On basis if type, it can be classified into industrial intermediates and final industrial product. By application, it can be divided into large enterprises and SMEs. Geographically speaking, North America is anticipated to lead this market during forecast period owing to technological advancements in this region coupled with rising demand for advanced manufacturing processes from various industries such as automotive & transportation and chemicals & petrochemicals. Asia Pacific is projected second largest regional segment due high adoption rate for Industrial Goods-as-a-Service (IGaaS) solutions among small & medium businesses (SMBs).
 Industry Outlook.svg)
Product Definition:
Industrial Goods-as-a-Service (IGaaS) is a term used to describe the offering of industrial goods and components as a service. This can include products such as machinery, tools, or other equipment. The importance of IGaaS lies in its ability to provide businesses with an alternative to purchasing or leasing industrial goods outright. By renting or subscribing to these services, businesses can save money and have access to the latest technology without having to make a large capital investment.
Industrial Intermediates:
Industrial intermediates are a group of chemicals that are used as raw materials for other chemicals or processes. They have applications in various industries such as pharmaceuticals, plastics, rubber processing, and textiles. Industrial intermediates can be segmented into polymer resins & synthetic fibers, pigments & additives and lubricants & greases.
Final Industrial Product:
The final industrial product is the output of an industrial process and can be defined as any tangible or intangible result of a manufacturing operation. It can be classified under different heads such as chemicals, food & beverages, minerals, oil & gas and others. The key difference between FIPs and IIPs is that whereas IIPs are manufactured goods (for example; steel) FIPs are raw materials (for example; iron ore).
Application Insights:
The large enterprises segment dominated the global industry, accounting for over 60% of the total revenue share in 2017. The growth can be attributed to factors such as increasing demand for advanced machinery and equipment from manufacturing sectors across the globe. Furthermore, technological advancements in automation have led to a substantial reduction in operating costs which has resulted in increased adoption of industrial goods-as-a-service among large enterprises.
The small and mediumsized enterprises (SMEs) segment is expected to witness significant growth over the forecast period owing to increasing penetration of digital technologies resulting in cost savings & time optimization. SMEs especially engaged with electronic components, medical devices & pharmaceuticals are increasingly adopting cloud services thereby driving demand for industrial goods-as-a service within this sector.
Regional Analysis:
The Asia Pacific region dominated the global industry in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing investments by governments of developing countries such as China, India, and Japan for improving industrial infrastructure. Moreover, rising awareness among enterprises regarding benefits of automation is anticipated to drive demand for industrial goods-as-a-service in this region.
North America accounted for a significant market share owing to presence of numerous manufacturing companies offering various products including semiconductors & electronics; pharmaceuticals; machinery & equipment etc. Furthermore, growing adoption of cloud computing services by SMEs located within this region will propel market growth over the next eight years.
Growth Factors:
- Increased demand for cloud-based industrial goods solutions from small and medium-sized businesses (SMBs) due to the lower cost and increased efficiency of these solutions.
- The growing trend of Industry 4.0, or the fourth industrial revolution, which is characterized by increased automation, data exchange between physical objects, and the use of cyber-physical systems in manufacturing processes. IGaaS offerings that enable companies to take advantage of Industry 4.0 will see strong growth in demand.
- The increasing popularity of Internet of Things (IoT) applications among industrial companies, as IoT allows for greater efficiency and productivity through the collection and analysis of data from connected devices/machines. IGaaS providers that offer IoT integration capabilities will see higher growth rates than those that do not offer such capabilities.
- , A rise in outsourcing by industrial companies as they seek to reduce costs and improve efficiencies by partnering with third-party service providers who can manage specific aspects or all aspects their operations remotely 5 Increased focus on sustainability among industrial companies as they strive to reduce their environmental impact
Scope Of The Report
Report Attributes
Report Details
Report Title
IGaaS (Industrial Goods-as-a-Service) Market Research Report
By Type
Industrial Intermediates, Final Industrial Product
By Application
Large Enterprises, Small and Medium-sized Enterprises (SMEs)
By Companies
GLASSIG SA, GfK, Russell Reynolds, Industrial Goods GmbH, Fact.MR
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global IGaaS (Industrial Goods-as-a-Service) Market Report Segments:
The global IGaaS (Industrial Goods-as-a-Service) market is segmented on the basis of:
Types
Industrial Intermediates, Final Industrial Product
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises, Small and Medium-sized Enterprises (SMEs)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GLASSIG SA
- GfK
- Russell Reynolds
- Industrial Goods GmbH
- Fact.MR
 Market Overview.svg)
Highlights of The IGaaS (Industrial Goods-as-a-Service) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Industrial Intermediates
- Final Industrial Product
- By Application:
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the IGaaS (Industrial Goods-as-a-Service) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial Goods-as-a-Service (IGaaS) is a model for delivering industrial goods and services over the internet. It enables customers to access products and services from a variety of providers, with the ability to manage their inventory and orders online. IGaaS can be used for everything from manufacturing supplies to maintenance contracts.
Some of the major companies in the igaas (industrial goods-as-a-service) market are GLASSIG SA, GfK, Russell Reynolds, Industrial Goods GmbH, Fact.MR.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. IGaaS (Industrial Goods-as-a-Service) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. IGaaS (Industrial Goods-as-a-Service) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. IGaaS (Industrial Goods-as-a-Service) Market - Supply Chain
4.5. Global IGaaS (Industrial Goods-as-a-Service) Market Forecast
4.5.1. IGaaS (Industrial Goods-as-a-Service) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. IGaaS (Industrial Goods-as-a-Service) Market Size (000 Units) and Y-o-Y Growth
4.5.3. IGaaS (Industrial Goods-as-a-Service) Market Absolute $ Opportunity
5. Global IGaaS (Industrial Goods-as-a-Service) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. IGaaS (Industrial Goods-as-a-Service) Market Size and Volume Forecast by Type
5.3.1. Industrial Intermediates
5.3.2. Final Industrial Product
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global IGaaS (Industrial Goods-as-a-Service) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. IGaaS (Industrial Goods-as-a-Service) Market Size and Volume Forecast by Application
6.3.1. Large Enterprises
6.3.2. Small and Medium-sized Enterprises (SMEs)
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global IGaaS (Industrial Goods-as-a-Service) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. IGaaS (Industrial Goods-as-a-Service) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global IGaaS (Industrial Goods-as-a-Service) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. IGaaS (Industrial Goods-as-a-Service) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global IGaaS (Industrial Goods-as-a-Service) Demand Share Forecast, 2019-2026
9. North America IGaaS (Industrial Goods-as-a-Service) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America IGaaS (Industrial Goods-as-a-Service) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America IGaaS (Industrial Goods-as-a-Service) Market Size and Volume Forecast by Application
9.4.1. Large Enterprises
9.4.2. Small and Medium-sized Enterprises (SMEs)
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America IGaaS (Industrial Goods-as-a-Service) Market Size and Volume Forecast by Type
9.7.1. Industrial Intermediates
9.7.2. Final Industrial Product
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America IGaaS (Industrial Goods-as-a-Service) Demand Share Forecast, 2019-2026
10. Latin America IGaaS (Industrial Goods-as-a-Service) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America IGaaS (Industrial Goods-as-a-Service) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America IGaaS (Industrial Goods-as-a-Service) Market Size and Volume Forecast by Application
10.4.1. Large Enterprises
10.4.2. Small and Medium-sized Enterprises (SMEs)
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America IGaaS (Industrial Goods-as-a-Service) Market Size and Volume Forecast by Type
10.7.1. Industrial Intermediates
10.7.2. Final Industrial Product
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America IGaaS (Industrial Goods-as-a-Service) Demand Share Forecast, 2019-2026
11. Europe IGaaS (Industrial Goods-as-a-Service) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe IGaaS (Industrial Goods-as-a-Service) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe IGaaS (Industrial Goods-as-a-Service) Market Size and Volume Forecast by Application
11.4.1. Large Enterprises
11.4.2. Small and Medium-sized Enterprises (SMEs)
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe IGaaS (Industrial Goods-as-a-Service) Market Size and Volume Forecast by Type
11.7.1. Industrial Intermediates
11.7.2. Final Industrial Product
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe IGaaS (Industrial Goods-as-a-Service) Demand Share, 2019-2026
12. Asia Pacific IGaaS (Industrial Goods-as-a-Service) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific IGaaS (Industrial Goods-as-a-Service) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific IGaaS (Industrial Goods-as-a-Service) Market Size and Volume Forecast by Application
12.4.1. Large Enterprises
12.4.2. Small and Medium-sized Enterprises (SMEs)
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific IGaaS (Industrial Goods-as-a-Service) Market Size and Volume Forecast by Type
12.7.1. Industrial Intermediates
12.7.2. Final Industrial Product
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific IGaaS (Industrial Goods-as-a-Service) Demand Share, 2019-2026
13. Middle East & Africa IGaaS (Industrial Goods-as-a-Service) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa IGaaS (Industrial Goods-as-a-Service) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa IGaaS (Industrial Goods-as-a-Service) Market Size and Volume Forecast by Application
13.4.1. Large Enterprises
13.4.2. Small and Medium-sized Enterprises (SMEs)
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa IGaaS (Industrial Goods-as-a-Service) Market Size and Volume Forecast by Type
13.7.1. Industrial Intermediates
13.7.2. Final Industrial Product
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa IGaaS (Industrial Goods-as-a-Service) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global IGaaS (Industrial Goods-as-a-Service) Market: Market Share Analysis
14.2. IGaaS (Industrial Goods-as-a-Service) Distributors and Customers
14.3. IGaaS (Industrial Goods-as-a-Service) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GLASSIG SA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GfK
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Russell Reynolds
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Industrial Goods GmbH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fact.MR
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
