Global Engineering Services Market is valued approximately USD 232.9 Billion in 2018 and is anticipated to grow with a healthy growth rate of more than 4.40% over the forecast period 2019-2026. The Engineering Services market is on the surging trend considering the global scenario. The Engineering services market precisely includes a wide spectrum of engineering, analytical services and consulting to support and help companies with composite questions and concerns. These services include design elements of products or service, equipment, infrastructure and processes involved in manufacturing, maintaining or delivering. In the present scenario, the organizations indulged in offering engineering services precisely apply physical laws & principals of engineering in the development, design & utility of instruments, materials, structures, processes and systems. The Engineering services primarily consists technical applications of engineering in the aspects of product designs & innovations in the sectors such as mining, power and energy, construction and automotive. The Engineering Services market is primarily driven owing to escalating construction sector in both developed and developing countries, surging production of vehicles, escalating adoption and utility in consumer electronics, growing adoption of Internet of things and initiatives taken by the private organizations on the global scenario. For instance, according to Statista, around 23.5 million passenger cars along with 4.3 million commercial vehicles were produced in China by the automotive manufacturing organizations which was one of the highest productions on the global scenario. The engineering services hold utmost importance as they are need in the assembly line operations further fueling the utility and adoption of engineering services market. However, lack of skilled professionals is acting as restraining factor considering the growth and development of engineering services market.

The regional analysis of global Engineering Services Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing acceptance of Engineering Services products due to the surge in the activities of shale energy exploration along with surging adoption of Internet of Things. However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Owing to the escalating construction sector in both urban and semi-urban provinces along with escalating production of vehicles which would create lucrative growth opportunities for engineering services in the Asia-Pacific region.
Major market player included in this report are:
Tata Consulting Services (TCS)
Infosys
WorleyParsons
Deaton Engineering Inc
Aricent Group
Aecom
Bechtol
Fluor
SNC-Lavalin
Jacobs

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Civil Engineering Services
Environmental Engineering Services
Construction Engineering Services
Mechanical Engineering Services
Others Engineering Services

By End-User:
Automotive
Industrial Manufacturing
Healthcare Sector
Aerospace
Telecommunications
Information Technology
Energy & Utilities
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the Global Engineering ServicesMarket in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers