Engineering Services Market 2021-2025 | Deployment of overhead-reducing engineering services to drive growth

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NEW YORK, May 20, 2022 /PRNewswire/ — The Engineering Services Market the size should increase by $910.35 billion at a CAGR of 10.15% over the forecast period, according to Technavio. The report offers up-to-date analysis and helps to know the exact growth variance and YOY growth rate Request a sample report.

Technavio has announced its latest market research report titled Engineering Services Market by End User and Geography – Forecast and Analysis 2021-2025

Deploying engineering services reduces overhead, increasing industrial automation and delegating ancillary tasks to focus on core competencies will provide immense opportunities for growth. However, shortage of expertise and skilled manpower, regulatory influence, and lack of end-to-end quality and process control will test the growth of market players.

To make the most of the opportunities, sellers in the market should focus more on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Engineering Services Market 2021-2025: Segmentation

Learn about additional trends impacting the future of the market and the positive and negative consequences for businesses. Download a sample report.

Engineering Services Market 2021-2025: Scope
Technavio presents a detailed picture of the market through study, synthesis and summation of data from multiple sources. Our Engineering Services Market report covers the following areas:

This study identifies the proliferation of advanced technologies as one of the main reasons for the growth of the engineering services market over the next few years.

Engineering Services Market 2021-2025: Vendor Analysis
The report analyzes the competitive landscape of the market and offers information about several vendors in the market including:

  • AECOM

  • AKKA Technologies SE

  • Altran Technologies

  • Arcadis S.A.

  • Babcock International Plc Group

  • Bechtel Corp.

  • Fluor Corp.

  • infosys ltd.

  • Jacobs Engineering Group Inc.

  • Tata Consultancy Services Ltd.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read our sample report.

Geographical analysis of the market
APAC will account for 34% of market growth. In APAC, China and Japan are the most important markets for engineering services. The market in this region will grow faster than the market in other regions.

During the projection period, the engineering services market in the APAC region would benefit from rising economic activity in emerging markets and increasing urbanization.

In addition, countries like the United States, China, GermanyUK and Japan are expected to become leading markets for the engineering services market over the forecast period.

Learn more about the geographical distribution of this market along with a detailed analysis of major regions. Download a sample detailed report.

Engineering Services Market 2021-2025: Key Highlights

  • Market CAGR over the forecast period 2021-2025

  • In-depth information on factors that will contribute to the growth of the Engineering Services Market over the next five years

  • Estimation of the engineering services market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the engineering services market

  • Market Competitive Landscape Analysis and Detailed Vendor Information

  • Comprehensive details of the factors that will challenge the growth of the Engineering Services Market vendors

Contact our analysts for more personalized reports according to your needs. Talk to our analyst now!

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Scope of the Engineering Services Market

Report cover

Details

Page number

120

base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 10.15%

Market Growth 2021-2025

$910.35 billion

Market structure

Fragmented

Annual growth (%)

3.45

Regional analysis

North America, Europe, APAC, South America and MEA

Successful market contribution

APAC at 34%

Main consumer countries

United States, China, Germany, United Kingdom and Japan

Competitive landscape

Leading Companies, Competitive Strategies, Consumer Engagement Reach

Profiled Key Companies

AECOM, AKKA Technologies SE, Altran Technologies, Arcadis NV, Babcock International Group Plc, Bechtel Corp., Fluor Corp., Infosys Ltd., Jacobs Engineering Group Inc. and Tata Consultancy Services Ltd.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Recovery Analysis and Future Consumer Dynamics, Market Status Analysis for the forecast period

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Contents :

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by End User

6 Customer Landscape

7 Geographic landscape

8 drivers, challenges and trends

9 Supplier landscape

10 Vendor Analysis

11 Appendix

About Us
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

Contact
Technavio Research
Jesse Maida
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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