Global Outsourcing Engineering Services Market Growth (Status and Outlook) 2024-2030
Outsourcing engineering services refers to an economic activity in which an enterprise entrusts part or all of the work of an engineering project to an external professional construction unit or team through a contract. This service model allows enterprises to hand over engineering links that they are not good at or have limited resources to more professional and cost-effective external organizations to perform, thereby optimizing resource allocation and improving engineering quality and efficiency.
The global Outsourcing Engineering Services market size is projected to grow from US$ 910 million in 2024 to US$ 1125 million in 2030; it is expected to grow at a CAGR of 3.6% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Outsourcing Engineering Services Industry Forecast” looks at past sales and reviews total world Outsourcing Engineering Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Outsourcing Engineering Services sales for 2023 through 2029. With Outsourcing Engineering Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Outsourcing Engineering Services industry.
This Insight Report provides a comprehensive analysis of the global Outsourcing Engineering Services 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 Outsourcing Engineering Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Outsourcing Engineering Services market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Outsourcing Engineering Services 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 Outsourcing Engineering Services.
United States market for Outsourcing Engineering Services 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 Outsourcing Engineering Services 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 Outsourcing Engineering Services is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Outsourcing Engineering Services players cover RCO Engineering, Leedeo Engineering, Outsource UK, Sterling Engineering, Rad Hires, 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 Outsourcing Engineering Services market by product type, application, key players and key regions and countries.
Segmentation by Type:
Information Technology Outsourcing (ITO)
Business Process Outsourcing (BPO)
Knowledge Process Outsourcing (KPO)
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:
Information Technology Outsourcing (ITO)
Business Process Outsourcing (BPO)
Knowledge Process Outsourcing (KPO)
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.
RCO Engineering
Leedeo Engineering
Outsource UK
Sterling Engineering
Rad Hires
Connext
TriMech
Infosys
Technologies
Luxoft
QuEST Global Services
Please note: The report will take approximately 2 business days to prepare and deliver.