Engineering Services Market by Delivery Model (Offshore, Onsite), Services (Asset Management Related Services, Automation Related Services, Process Engineering), Industries - Global Forecast 2024-2030

Engineering Services Market by Delivery Model (Offshore, Onsite), Services (Asset Management Related Services, Automation Related Services, Process Engineering), Industries - Global Forecast 2024-2030


The Engineering Services Market size was estimated at USD 1.62 trillion in 2023 and expected to reach USD 1.71 trillion in 2024, at a CAGR 5.67% to reach USD 2.39 trillion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Engineering Services Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Engineering Services Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Engineering Services Market, highlighting leading vendors and their innovative profiles. These include Alten Group, Barton Malow Holdings LLC, Bechtel Corporation, Brasfield & Gorrie, LLC, Capgemini Engineering, Entelect Software (Pty) Ltd., Gilbane Building Company, HCL Technologies Limited, Infosys Limited, Kiewit Corporation, New York Engineers, Strabag SE, Tata Consultancy Services Limited, Tech Mahindra Limited, and Wipro Limited.

Market Segmentation & Coverage

This research report categorizes the Engineering Services Market to forecast the revenues and analyze trends in each of the following sub-markets:

Delivery Model
Offshore

Onsite
Services
Asset Management Related Services

Automation Related Services

Process Engineering

Product Engineering
Industries
Aerospace & Defense

Automotive

Chemical & Petrochemical

Electric Power Generation

Mining

Municipal Utility Projects

Nuclear Projects

Oil & Gas

Pharmaceuticals

Telecommunications

Transportation
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas

Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam

Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Engineering Services Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Engineering Services Market?
3. What are the technology trends and regulatory frameworks in the Engineering Services Market?
4. What is the market share of the leading vendors in the Engineering Services Market?
5. Which modes and strategic moves are suitable for entering the Engineering Services Market?PDF E-mail From Publisher (2-5)Users License


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Engineering Services Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Inclination towards the adoption of industry 4.0
5.1.1.2. Rising development of healthcare sector
5.1.1.3. Growing demand of outsourced engineering services
5.1.2. Restraints
5.1.2.1. Lack of quality control and safety concerns of engineering firms
5.1.3. Opportunities
5.1.3.1. Emerging innovations and advancements in industrial sector
5.1.3.2. Introduction of holistic engineering services
5.1.4. Challenges
5.1.4.1. Dearth of skilled and experienced workforce
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Engineering Services Market, by Delivery Model
6.1. Introduction
6.2. Offshore
6.3. Onsite
7. Engineering Services Market, by Services
7.1. Introduction
7.2. Asset Management Related Services
7.3. Automation Related Services
7.4. Process Engineering
7.5. Product Engineering
8. Engineering Services Market, by Industries
8.1. Introduction
8.2. Aerospace & Defense
8.3. Automotive
8.4. Chemical & Petrochemical
8.5. Electric Power Generation
8.6. Mining
8.7. Municipal Utility Projects
8.8. Nuclear Projects
8.9. Oil & Gas
8.10. Pharmaceuticals
8.11. Telecommunications
8.12. Transportation
9. Americas Engineering Services Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Engineering Services Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Engineering Services Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Alten Group
13.1.2. Barton Malow Holdings LLC
13.1.3. Bechtel Corporation
13.1.4. Brasfield & Gorrie, LLC
13.1.5. Capgemini Engineering
13.1.6. Entelect Software (Pty) Ltd.
13.1.7. Gilbane Building Company
13.1.8. HCL Technologies Limited
13.1.9. Infosys Limited
13.1.10. Kiewit Corporation
13.1.11. New York Engineers
13.1.12. Strabag SE
13.1.13. Tata Consultancy Services Limited
13.1.14. Tech Mahindra Limited
13.1.15. Wipro Limited
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. ENGINEERING SERVICES MARKET RESEARCH PROCESS
FIGURE 2. ENGINEERING SERVICES MARKET SIZE, 2023 VS 2030
FIGURE 3. ENGINEERING SERVICES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. ENGINEERING SERVICES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. ENGINEERING SERVICES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. ENGINEERING SERVICES MARKET DYNAMICS
FIGURE 7. ENGINEERING SERVICES MARKET SIZE, BY DELIVERY MODEL, 2023 VS 2030 (%)
FIGURE 8. ENGINEERING SERVICES MARKET SIZE, BY DELIVERY MODEL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. ENGINEERING SERVICES MARKET SIZE, BY SERVICES, 2023 VS 2030 (%)
FIGURE 10. ENGINEERING SERVICES MARKET SIZE, BY SERVICES, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. ENGINEERING SERVICES MARKET SIZE, BY INDUSTRIES, 2023 VS 2030 (%)
FIGURE 12. ENGINEERING SERVICES MARKET SIZE, BY INDUSTRIES, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS ENGINEERING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS ENGINEERING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES ENGINEERING SERVICES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES ENGINEERING SERVICES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC ENGINEERING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC ENGINEERING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA ENGINEERING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA ENGINEERING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. ENGINEERING SERVICES MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. ENGINEERING SERVICES MARKET SHARE, BY KEY PLAYER, 2023

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