Global Engineering Design Outsourcing Market Growth (Status and Outlook) 2024-2030

Global Engineering Design Outsourcing Market Growth (Status and Outlook) 2024-2030

The definition of engineering design outsourcing is to outsource design tasks and projects to professional design companies or individual designers to complete engineering design work. This outsourcing method usually occurs when enterprises, organizations or individuals lack the necessary expertise, skills or resources in the field of engineering design, and adopt a strategy to obtain high-quality design results.

The global Engineering Design Outsourcing market size is projected to grow from US$ 514 million in 2024 to US$ 706 million in 2030; it is expected to grow at a CAGR of 5.4% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Engineering Design Outsourcing Industry Forecast” looks at past sales and reviews total world Engineering Design Outsourcing sales in 2022, providing a comprehensive analysis by region and market sector of projected Engineering Design Outsourcing sales for 2023 through 2029. With Engineering Design Outsourcing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Engineering Design Outsourcing industry.

This Insight Report provides a comprehensive analysis of the global Engineering Design Outsourcing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Engineering Design Outsourcing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Engineering Design Outsourcing market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Engineering Design Outsourcing and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Engineering Design Outsourcing.

United States market for Engineering Design Outsourcing is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Engineering Design Outsourcing is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Engineering Design Outsourcing is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Engineering Design Outsourcing players cover Nova-Design, Leedeo Engineering, Bennett Engineering, RCO Engineering, Owens Design, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Engineering Design Outsourcing market by product type, application, key players and key regions and countries.

Segmentation by Type:
Independent Contractor
Joint Contractor

Segmentation by Application:
Aerospace
Automotive
Construction
Semiconductors
Pharmaceuticals

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Independent Contractor
Joint Contractor

Segmentation by Application:
Aerospace
Automotive
Construction
Semiconductors
Pharmaceuticals

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Nova-Design
Leedeo Engineering
Bennett Engineering
RCO Engineering
Owens Design
Tapecon
Chemionix
Indovance
Gsource Technologies
Stamod
TrueCADD
Backoffice Pro

Please note: The report will take approximately 2 business days to prepare and deliver.