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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 | Mar 2016

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
$773bn
Annual Growth 11-16
3.3%
Annual Growth 16-21
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Profit
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Employment ('000)
4,081
Businesses
747,000
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

Industry Investment

The industry has a low level of capital intensity and high labor intensity. The ratio of wages to capital depreciation charges is indicative of an industry's relative labor or capital intensity, as this shows the amount of revenue absorbed by labor and capital inputs into production. IBISWorld estimates that industry operators will spend $0.04 on capital for every $1.00 spent on wages in 2016.

This is a knowledge-based industry and the principal end product is the provision of professional engineering design, assessment and management services... 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
TransportationEnergy and powerBuilding constructionWater, sewer and wasteIndustrial and manufacturingOther services
 
Industry Activities
Providing design and management services for construction and engineering infrastructure projectsProviding design and management services for environmental projectsProviding design and management services for industrial processes and equipment Providing construction management servicesProcess management (e.g. assessing engineering and product problems)Project planning and economic assessmentsFeasibility studies, including environmental impact assessment and community consultationProviding quality management assessment and accreditation services


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