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Engineering Services Market Report 2024

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5939659
The engineering services market size has grown steadily in recent years. It will grow from $1.14 trillion in 2023 to $1.18 trillion in 2024 at a compound annual growth rate (CAGR) of 3.6%. The expansion witnessed in the historical period can be ascribed to the heightened demand for industrial robots, the surge in industrial automation, and the implementation of Industry 4.0. Challenges that impeded growth during this period included deficiencies in quality control and safety concerns among engineering firms.

The engineering services market size is expected to see steady growth in the next few years. It will grow to $1.36 trillion in 2028 at a compound annual growth rate (CAGR) of 3.6%. The anticipated growth in the upcoming period can be linked to the growing trend of digitalization, increasing demand for IoT (Internet of Things) solutions for smart manufacturing, the growing significance of robots in the construction industry, government investments in the aviation sector, ongoing advancements in smart cities, and the swift adoption of advanced technologies. Key trends projected for the forecast period encompass an emphasis on partnerships and collaborations, the adoption of artificial intelligence, utilization of blockchain, investments in the development of smart cities, focus on low-code development, an emphasis on environment-friendly building services, and the adoption of Industry 4.0.

The increasing adoption of artificial intelligence is anticipated to drive the expansion of the engineering services market in the future. Engineering services encompass any service or creative work that necessitates engineering education, training, and expertise in applying specialized knowledge of mathematical, physical, and engineering sciences. The integration of artificial intelligence can enhance the efficiency, productivity, and profitability of engineering services, leading to the creation of new job roles and opportunities. For instance, Stanford University's AI Index Report 2023 reveals that the proportion of companies adopting AI doubled between 2016 and 2022, plateauing in recent years at 50% to 60%. This growing adoption of artificial intelligence is a key driver for the engineering services market.

Steady economic growth in developed and developing countries is expected to be a favorable factor for the engineering services market. The International Monetary Fund (IMF) projects a global real GDP growth of 3.6% from 2021 to 2023, with a focus on Asia and Africa driving this trend. The report highlights that Asia is anticipated to constitute 66% of the global middle-class population by 2030. Consequently, the sustained economic growth in developed and developing nations is contributing to the growth of the engineering services market.

Leading companies in the engineering services market are introducing innovative products to address industry challenges. An example is Ricoh USA Inc., a US-based software company, which launched RICOH Remote Patient Monitoring (RPM) Enablement in October 2023. This end-to-end managed services offering for health systems aims to streamline remote patient monitoring workflows, addressing healthcare staffing challenges amid a significant industry burnout crisis. The service supports the integration of remote patient monitoring devices into existing virtual care programs, covering inventory tracking, logistics, and device returns. This launch coincides with the healthcare industry's shift to virtual care delivery and a shortage of healthcare workers.

The latest trend in the engineering services market is the widespread adoption of the Internet of Things (IoT) globally. IoT is a system of interconnected devices that facilitate data transmission across various networks. It enables continuous innovation in real-time data analytics, product design, and development, fostering faster business growth. Engineering service providers are increasingly leveraging industrial IoT to optimize production processes by improving energy usage, resource allocation, and asset management. As an example, PureSoftware, an engineering service company, has successfully integrated IoT into its services, creating a robust IoT platform to enhance the speed and accuracy of data retrieval.

In June 2023, UES, a US-based engineering and consulting company, acquired Riner Engineering for an undisclosed amount, aiming to expand its geotechnical expertise. The acquisition was expected to bolster UES's capabilities in geotechnical engineering, construction materials testing, and environmental consulting. Additionally, it provided Riner Engineering with access to UES's resources and expertise, enabling the firm to extend its services and geographic reach. Riner Engineering, a US-based geotechnical engineering and construction materials testing firm, was the subject of this strategic acquisition.

Major companies operating in the engineering services market report are AECOM, WorleyParsons Limited, SNC-Lavalin, Babcock International, Fluor Corporation, Bechtel Corporation, Kiewit Corporation, WSP Global Inc., John Wood Group PLC, NV5 Global Inc., Arup Group, DNV, SGS S.A, ICS Engineering Services, Engineers India Limited, Laserbond, Cyient, Wipro, Samsung Engineering, Porsche Engineering (Shanghai) Co Ltd., Hyundai Engineering (HEC), UGL, Cybage Software Pvt. Ltd., China Overseas Engineering Group, China Engineering Consultants, Inc. (CECI), China International Engineering Consulting Corporation, SMEC, ALTEN Group, JLL engineering services, Dyson UK, Stork, SNC Lavalin, J. Murphy & Sons Limited, Arcadis, Alstom, Areva, Artelia, llc aecon, 10Clouds, Techno Engineering & Associates, GT Ground Engineering & Construction Services, International Business Machines Corporation, Capgemini, AKTIAS tech, Oracle, Deaton Engineering, Inc., Aricent Group, EPAM Systems, Inc., GlobalLogic, Jensen Hughes, Henderson Engineers, Thermal Specialties, MCW Group of Companies, McElhanney, Quasar Consulting Group, Accenture SRL, Globant, Cognizant Technology Solutions Corporation, Saudi Engineering Group International (SEGI), HRS Engineering Ltd., Oiltek Engineering Co. Ltd., Mugesan Engineering & Marine Specialist Co. Inc., Al Mostaqbal Consulting Engineering, Aroma International Building Contracting LLC, Al Baha Engineering Consultants, Smartcities Building Contracting LLC, Thelo DB, Dorman Long Engineering Limited, Decagon, Advanced Engineering Consultants (ACE), CDR Engineering Consultancy Nigeria Limited, ILF Engineers Nigeria Limited, Africa Engineering Consulting Services (AECS), Ingplan Consulting Engineers.

Engineering services play a vital role in offering extensive consultation to companies seeking expert advice and solutions. These firms can undertake projects, engaging in tasks such as evaluating, designing, simulating, and testing the product.

The primary categories of engineering services include civil engineering services, environmental engineering services, construction engineering services, mechanical engineering services, and other engineering services. Civil engineering services cover a broad spectrum of activities, ranging from the planning, design, and construction of commercial and residential structures to the development of transportation infrastructure such as roads, bridges, and railways. Additionally, these services extend to water distribution systems, such as dams, sewers, and sewage treatment, as well as environmental infrastructure, including landscaping, urban planning, and parks. Industrial infrastructure, construction management, construction technology, and more are also part of civil engineering services. Various engineering disciplines, such as civil, mechanical, electrical, piping, and structural engineering, are delivered through both offshore and onsite models. These services find applications across diverse sectors, including automotive, industrial manufacturing, healthcare, aerospace, telecommunications, information technology, energy and utilities, among others.

The engineering services market research report is one of a series of new reports that provides engineering services market statistics, including engineering services industry global market size, regional shares, competitors with an engineering services market share, detailed engineering services market segments, market trends and opportunities, and any further data you may need to thrive in the engineering services industry. This engineering services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

North America was the largest region in the engineering services market in 2023. Western Europe was the second largest region in the global engineering services market share. The regions covered in the engineering services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the engineering services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The engineering services market consists of revenue earned by entities that advise, prepare feasibility studies, prepare preliminary and final plans and designs, provide technical services during the construction or installation phase, and inspect and evaluate engineering projects. Engineering services’ companies apply physical laws and principles of engineering in the design, development, and utilization of machines, materials, instruments, structures, processes, and systems. Engineering services include technical application of engineering in product designing, innovations and others in industries such as building construction, mining, power and energy, transportation, manufacturing and others. The engineering services market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Engineering Services Market Characteristics3. Engineering Services Market Trends and Strategies
4. Engineering Services Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Engineering Services Market Size and Growth
5.1. Global Engineering Services Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Engineering Services Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Engineering Services Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Engineering Services Market Segmentation
6.1. Global Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Civil Engineering Services
  • Environmental Engineering Services
  • Construction Engineering Services
  • Mechanical Engineering Services
  • Other Engineering Services
6.2. Global Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Civil
  • Mechanical
  • Electrical
  • Piping and Structural Engineering
6.3. Global Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Automotive
  • Industrial Manufacturing
  • Healthcare Sector
  • Aerospace
  • Telecommunications
  • Information Technology
  • Energy & Utilities
  • Other End Users
7. Engineering Services Market Regional and Country Analysis
7.1. Global Engineering Services Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Engineering Services Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Engineering Services Market
8.1. Asia-Pacific Engineering Services Market Overview
(Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
8.2. Asia-Pacific Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Engineering Services Market
9.1. China Engineering Services Market Overview
9.2. China Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Engineering Services Market
10.1. India Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Engineering Services Market
11.1. Japan Engineering Services Market Overview
11.2. Japan Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Engineering Services Market
12.1. Australia Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Engineering Services Market
13.1. Indonesia Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Engineering Services Market
14.1. South Korea Engineering Services Market Overview
14.2. South Korea Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Engineering Services Market
15.1. Western Europe Engineering Services Market Overview
15.2. Western Europe Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Engineering Services Market
16.1. UK Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Engineering Services Market
17.1. Germany Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Engineering Services Market
18.1. France Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Engineering Services Market
19.1. Italy Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Engineering Services Market
20.1. Spain Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Engineering Services Market
21.1. Eastern Europe Engineering Services Market Overview
21.2. Eastern Europe Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Engineering Services Market
22.1. Russia Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Engineering Services Market
23.1. North America Engineering Services Market Overview
23.2. North America Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Engineering Services Market
24.1. USA Engineering Services Market Overview
24.2. USA Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Engineering Services Market
25.1. Canada Engineering Services Market Overview
25.2. Canada Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Engineering Services Market
26.1. South America Engineering Services Market Overview
26.2. South America Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Engineering Services Market
27.1. Brazil Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Engineering Services Market
28.1. Middle East Engineering Services Market Overview
28.2. Middle East Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Engineering Services Market
29.1. Africa Engineering Services Market Overview
29.2. Africa Engineering Services Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Engineering Services Market, Segmentation by Engineering Disciplines, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Engineering Services Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Engineering Services Market Competitive Landscape and Company Profiles
30.1. Engineering Services Market Competitive Landscape
30.2. Engineering Services Market Company Profiles
30.2.1. AECOM
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. WorleyParsons Limited
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. SNC-Lavalin
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Babcock International
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Fluor Corporation
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Engineering Services Market Other Major and Innovative Companies
31.1. Bechtel Corporation
31.2. Kiewit Corporation
31.3. WSP Global Inc
31.4. John Wood Group PLC
31.5. NV5 Global Inc
31.6. Arup Group
31.7. DNV
31.8. SGS S.a
31.9. ICS Engineering Services
31.10. Engineers India Limited
31.11. Laserbond
31.12. Cyient
31.13. Wipro
31.14. Samsung Engineering
31.15. Porsche Engineering (Shanghai) Co Ltd
32. Global Engineering Services Market Competitive Benchmarking33. Global Engineering Services Market Competitive Dashboard34. Key Mergers and Acquisitions in the Engineering Services Market
35. Engineering Services Market Future Outlook and Potential Analysis
35.1 Engineering Services Market in 2028 - Countries Offering Most New Opportunities
35.2 Engineering Services Market in 2028 - Segments Offering Most New Opportunities
35.3 Engineering Services Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Engineering Services Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on engineering services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for engineering services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Type: Civil Engineering Services, Electrical Engineering Services, Mechanical Engineering Services, Others Engineering Services
3) By Engineering Disciplines: Civil, Mechanical, Electrical, Piping and Structural Engineering, Other Engineering Disciplines
2) By End-User: Transportation Infrastructure, Other Infrastructure, Automotive, Industrial Manufacturing, Healthcare Sector, Aerospace, Telecommunications, Information Technology, Oil And Gas, Energy And Utilities, Other End-Users

Key Companies Mentioned: AECOM; WorleyParsons Limited; SNC-Lavalin; Babcock International; Fluor Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • AECOM
  • WorleyParsons Limited
  • SNC-Lavalin
  • Babcock International
  • Fluor Corporation
  • Bechtel Corporation
  • Kiewit Corporation
  • WSP Global Inc
  • John Wood Group PLC
  • NV5 Global Inc
  • Arup Group
  • DNV
  • SGS S.A
  • ICS Engineering Services
  • Engineers India Limited
  • Laserbond
  • Cyient
  • Wipro
  • Samsung Engineering
  • Porsche Engineering (Shanghai) Co Ltd
  • Hyundai Engineering (HEC)
  • UGL
  • Cybage Software Pvt. Ltd
  • China Overseas Engineering Group
  • China Engineering Consultants, Inc. (CECI)
  • China International Engineering Consulting Corporation
  • SMEC
  • ALTEN Group
  • JLL engineering services
  • Dyson UK
  • Stork
  • SNC Lavalin
  • J. Murphy & Sons Limited
  • Arcadis
  • Alstom
  • Areva
  • Artelia
  • llc aecon
  • 10Clouds
  • Techno Engineering & Associates
  • GT Ground Engineering & Construction Services
  • International Business Machines Corporation
  • Capgemini
  • AKTIAS tech
  • Oracle
  • Deaton Engineering, Inc
  • Aricent Group
  • EPAM Systems, Inc
  • GlobalLogic
  • Jensen Hughes
  • Henderson Engineers
  • Thermal Specialties
  • MCW Group of Companies
  • McElhanney
  • Quasar Consulting Group
  • Accenture SRL
  • Globant
  • Cognizant Technology Solutions Corporation
  • Saudi Engineering Group International (SEGI)
  • HRS Engineering Ltd
  • Oiltek Engineering Co. Ltd
  • Mugesan Engineering & Marine Specialist Co. Inc
  • Al Mostaqbal Consulting Engineering
  • Aroma International Building Contracting LLC
  • Al Baha Engineering Consultants
  • Smartcities Building Contracting LLC
  • Thelo DB
  • Dorman Long Engineering Limited
  • Decagon
  • Advanced Engineering Consultants (ACE)
  • CDR Engineering Consultancy Nigeria Limited
  • ILF Engineers Nigeria Limited
  • Africa Engineering Consulting Services (AECS)
  • Ingplan Consulting Engineers

Methodology

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Table Information