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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 | Nov 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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report focuses on industry performance in key regions around the world and identifies the leading companies globally.

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
709,000
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... read more

Starting a New Business

This industry is considered to have medium barriers to the entry of new competitors, although more stringent barriers may apply on an individual country basis. Potential entrants into this industry are generally required to hold academic qualifications in engineering or an aligned field, and typically also hold membership in an appropriate professional association. The most significant barrier to new entrants is their capacity to compete with existing players holding strong relationships and secure contracts with potential clients.

Appropriate tertiary qualifications for entry into this industry include a Bachelor of Engineering, or an Associate Diploma of Engineering... 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 managementFeasibility studiesQuality management assessment and accreditation Procurement of contractors and suppliersAdministration of contract, and supervision of construction and plant installation


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