Engineering Services in China - Industry Market Research Report

Engineering Services in China - Industry Market Research Report

Engineering Services in China

China's steady economic growth created a major market for engineering services in recent decades. Meanwhile, government reforms promoted the commercialization of related technology. In 2022, revenue for the Engineering Services industry is estimated to total $1.1 billion, up 7.0% from 2021. Revenue growth is expected to slow compared with previous years due to slower growth in building and civil engineering construction output value over the year. Industry revenue has increased at an annualized rate of 7.5% over the five years through 2022.

The Engineering Services industry provides engineering services and management for building and civil engineering construction works of all kinds, pre-construction engineering and computer-aided design (CAD) services, and project planning management. Firms in this industry have technical capabilities and professional qualifications in overall project contracting, construction supervision and consulting.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.