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Global Engineering Services: Market Research Report

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

Global Engineering Services Market Research Report | Jun 2014

The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Engineering Services global market research report offers insightful industry analysis and research into the market at an international level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Forecast
Revenue
$725bn
Annual Growth 09-14
4.2%
Annual Growth 14-19
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Profit
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Employment ('000)
3,878
Businesses
708,000
Industry Analysis & Industry Trends

The Global Engineering Services industry's revenue increased over the past five years, primarily due to strong investments in infrastructure, building and industrial construction in developing economies across the globe. In the next five years, stronger global economic growth and construction activity is forecast to benefit the industry.


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Industry Analysis

Global Engineering Services industry revenue increased during the five years to 2014, aided by a rise in global construction spending and an improvement in the world economy. Industry revenue has grown from a depressed base as the recession ushered in a decline in engineering activities related to residential and commercial construction in developed economies like the United States, Japan and the European Union... read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Global Engineering Services Industry?

Establishments in this industry apply physical laws and principles of engineering in the design, development and use of machines, materials, instruments, structures, processes and systems. The assignments may involve the provision of advice, preparation of feasibility studies, preparation of preliminary and final plans and designs, the provision of technical services on construction and project evaluation. Operators may also provide inspection and evaluation services.

Industry Products
Design services on building and infrastructure projectsDesign services on industrial processes and industrial equipmentDesign services on environmental projectsConstruction management of projectsAsset management and operation of industrial processes
 
Industry Activities
Project design and management servicesAdvice on procurement and funding of projectsProcess managementAsset managementFeasibility studiesQuality management assessment and accreditation Procurement of contractors and suppliersAdministration of contract, and supervision of construction and plant installation


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