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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 | Jun 2014

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
$27bn
Annual Growth 09-14
5.6%
Annual Growth 14-19
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Profit
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Employment
543,608
Businesses
67,500
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 2014, revenue for the Engineering Services industry is estimated at $27 billion – up 4.8% due to the steady growth of macro-economy and expected rapid growth of building and civil engineering construction output value during the year. In the five years through 2014, 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 Investment Chapter

For every dollar spent on labor (including wages and contract labor), only 19 cents are invested in capital in this industry. The industry's principal end-product is the provision of professional engineering design, assessment and management services, therefore, it has a highly labor-intensive cost structure and very low capital intensity.

Technology and systems are continually advancing in this industry. Industry participants require capital to research and develop technology and software to meet client demands. The adoption of new technologies, notably computer-aided design (CAD) facilities, has significantly enhanced labor productivity over the past decade and the large-scale firms have invested heavily into a wide range of design, measurement and monitoring equipment... 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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