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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 | Sep 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 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
$717bn
Annual Growth 11-16
1.8%
Annual Growth 16-21
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Profit
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Employment ('000)
3,879
Businesses
725,000
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 are forecast to benefit the industry... 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.

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. For example, Jacobs Engineering, one of the industry's largest operators, has engaged in a series of strategic acquisitions and joint-ventures since 2011. The.. 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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