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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

IBISWorld’s Engineering Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 Key Buyers Chapter

The Engineering Services industry has a low concentration level. This is due to the large number of small and medium-sized enterprises. The top four firms that operate in the industry account for about 12.5% of industry revenue in 2014. Industry revenue is spread across a large number of industry participants.

Many engineering services firms operate on a small scale and are privately owned due to low-to-moderate barriers to enter the industry. However, the majority of these companies service narrow fields and lack advanced technologies and highly skilled employees.

The low concentration level also reflects the diverse nature of the industry's services. Firms tend to focus on particular professional services or markets... 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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