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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 | May 2013

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
$25bn
Annual Growth 08-13
5.8%
Annual Growth 13-18
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Profit
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Employment
541,880
Businesses
67,631
Industry Analysis & Industry Trends

China's rapid economic development 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 2013, revenue for the Engineering Services industry is estimated at $24.9 billion – up 5.5% due to the recovery of macro-economy and expected rapid growth of building and civil engineering construction output value during the year. In the five years through 2013, industry revenue has been increasing at an annualized rate of 5.8%.

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 2013. 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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