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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 2013

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
$674bn
Annual Growth 08-13
2.3%
Annual Growth 13-18
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Profit
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Employment ('000)
3,714
Businesses
682,000
Industry Analysis & Industry Trends

The Global Engineering Services industry provides surveys, feasibility and technical studies, geo-technical investigation and environmental impact studies for transportation, building, energy, industrial, mining and water and sewage industries. Typical industry projects involve the design and construction of new factories, healthcare facilities, hotels and housing; the building of highways, bridges, railways and sewage treatment facilities; and analysis and planning related to drilling, mining, energy transmission and storage. This industry's performance is principally driven by trends in construction, manufacturing and mining developments and increasingly from work in the fields of technological development and sustainability... read more

Industry Key Buyers

The industry has a low degree of market share concentration, with the four largest companies contributing to less than 5.0% of annual global industry revenue. The industry has a fragmented structure and contains many small-scale establishments that confine their operations to national, regional or even local markets, or to the delivery of a narrow range of specialized services. The bulk of firms employ fewer than five people (60.0% of all establishments), while few firms employ more than 100 people (less than 5.0%).

Despite this low concentration, there has been a trend over the past decade toward consolidation of operations of many of the world's leading consulting engineering firms, through mergers or strategic alliances... 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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