The Business Research Company’s Engineering Services Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Engineering Services Global Market Report 2023 evaluates engineering services market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global engineering services market is expected to grow from $1,313.13 billion in 2027 at a rate 3.6%. The market is then expected to grow at a CAGR of 4.8% from 2027 and reach $1,656.21 billion in 2032.
The engineering services market is expected to be supported by rapid growth in digitalization in the forecast period. Digitalization refers to the use of digital technologies that help to change the business model and provide new revenue and value. With the help of digitalization in engineering services, various industries are able to build successful products, manufacturing operations and services in an increasingly connected world. For instance, according to the World Economic Forum, a Switzerland-based international non-governmental and lobbying organization, $100 trillion is going to be added to the world economy through digital transformation by 2025. Moreover, by 2025, interactions driven by platforms are expected to enable roughly two-thirds of the $100 trillion value at stake from digitalization.
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The engineering services market segments in the report are:
1) By Type: Civil Engineering Services; Electrical Engineering Services; Mechanical Engineering Services; Other Engineering Services
2) By End User: Automotive; Industrial Manufacturing; Construction; Aerospace; Telecommunications; Information Technology; Energy & Utilities; Other End-Users
3) By Engineering Discipline: Civil; Mechanical; Electrical And Piping; Structural Engineering; Other Engineering Disciplines
4) By Delivery Model: Offshore; Onsite
The table of contents in TBRC’s engineering services market report includes:
- Executive Summary
- Table Of Contents
- List Of Figures
- List Of Tables
- Report Structure
- Introduction and Market Characteristics
- Major Market Trends
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- Engineering Services Market, Conclusions And Recommendations
- Appendix
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