Global M&A trends in industrials and services: 2025 outlook
M&A activity in industrials and services looks set to be a growth story in 2025, as companies step up efforts to expand, consolidate and refine portfolios.

Capturing value in the new manufacturing domain of growth
AI, robotics, IoT and 3D printing are revolutionising how we make things—and this is just the start.
Manufacturing is undergoing a major change. Powered by technology, players are collaborating to unlock innovative ways of working and new opportunities. Replacing traditional industry silos, this new domain of growth is the future of manufacturing.
PwC is ready to help you get ahead.
This is a modal window.
Playback of this video is not currently available
AI, robotics, additive manufacturing, material science and clean energy are unlocking new levels of efficiency, productivity and value creation.
Manufacturers are joining forces with robotics firms to build faster, more agile assembly lines. AI-driven insights are optimising maintenance and forecasting demand with unprecedented accuracy. The future isn’t approaching—it’s here.
A reconfiguration of the global economy means the value of the Make domain could reach up to US$36.8 trillion in 2035. We’ve mapped the value in motion from now to 2035, so you can build a future-ready business to capture it.
See the shifts. Seize the value. Stay ahead.
Industries are reshaping around fundamental human needs, creating value through collaboration across interconnected domains that now replace traditional value chains.
M&A activity in industrials and services looks set to be a growth story in 2025, as companies step up efforts to expand, consolidate and refine portfolios.
While some companies are ahead of the curve in embracing circularity and its economic dividends, there is an opportunity for many more across manufacturing sectors to release the potential it offers. So how can you get started?
John B. Riggs, CTO and SVP of Applied Technology Solutions at HSB (Hartford Steam Boiler), describes how the company is using technology to build new ventures and create new business models in the historically risk-averse insurance sector.
The future of control testing automation in the manufacturing sector is characterised by continued innovation and advancement.
Industrial manufacturing deal activity is expected to increase with continued focus in the mid-market space.
Strong frontline leadership in manufacturing can improve employee experience, boost engagement and reduce turnover. Investing in leaders makes a difference.
Get ready for AI, climate change and other megatrends to shift value pools, reconfigure industries and redefine the top management agenda.
A decade of value in motion, marked by reconfiguration and innovation, awaits. Seize the moment to extend your lead—or to catch up to rivals.
Marching towards a resilient, sustainable and human-centric future
By leveraging AWS's cloud solutions and PwC's experience, manufacturers are able to improve productivity, bolster security and foster sustainable growth.