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Engineering Services in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Engineering Services Market Research Report | Jul 2015

The Engineering Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$29bn
Annual Growth 10-15
5.6%
Annual Growth 15-20
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Profit
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Employment
550,132
Businesses
67,838
Industry Analysis & Industry Trends

China's rapid economic growth in recent decades created a major market for engineering services, while reforms in the science and technology system promoted the commercialization of technology. As a result, engineering consultancy firms have become vitally important to modern economic development.

In 2015, revenue for the Engineering Services industry is estimated to reach $28.9 billion, up 4.1% over 2014. Revenue growth is expected to slow compared with previous years due to the slow building and civil engineering construction output value during the year. In the five years through 2015, industry revenue has been increasing at an annualized rate of 5.6%.

China's construction and civil engineering industries grew consistently over the past several years.... purchase to read more

Industry Report - Industry Analysis Chapter

Revenue for the Engineering Services industry has been increasing at an annualized rate of 5.6%, from $22.0 billion in 2010 to $28.9 billion in 2015. This steady growth is due to China's booming real estate market, with investment in commercial projects and domestic real-estate projects rising considerably in recent years. Powered by the housing reform program and rising personal incomes, demand for homeownership has increased significantly and will continue to be strong.

Total output value of the building and civil engineering construction segment in China has been increasing significantly between 2010 and 2015 at an annualized rate of 17.1%. The Chinese government reported annual growth rates for housing in the range of 20.0% in recent years... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Engineering Services Industry?

The Engineering Services industry provides engineering services and management, engineering and graphic design services, and project planning management. Firms in this industry have technical capabilities and professional qualifications in overall project contracting, construction supervision and consulting.

Industry Products
Engineering and graphic design Project planning managementEngineering services and management
 
Industry Activities
Construction and engineering project management service provision Environmental project management service provision Construction and engineering project engineering and designCity planning and project planning


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