The Engineering Services Global Market Report 2021-31 by The Business Research Company describes and explains the global engineering services market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The Engineering Services Global Market Report 2022 covers engineering services market drivers, engineering services market trends, engineering services market segments, engineering services market growth rate, engineering services market major players, and engineering services market size.
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The engineering services market report provides in-depth analysis of the impact of COVID-19 on the global engineering services industry along with revised market numbers due to the effects of the coronavirus and the expected engineering services market growth numbers for 2022-2031.
The global engineering services market is expected to grow from $0.99 trillion in 2021 to $1.07 trillion in 2022 at a compound annual growth rate (CAGR) of 8.1%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The engineering services market is expected to reach $1.38 trillion in 2026 at a CAGR of 6.6%.
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Engineering Services Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
TBRC’s report covers the engineering services market segments-
1) By Type: Civil Engineering Services, Environmental Engineering Services, Construction Engineering Services, Mechanical Engineering Services, Others Engineering Services
2) By End User: Automotive, Industrial Manufacturing, Healthcare Sector, Aerospace, Telecommunications, Information Technology, Energy & Utilities, Others
3) By Engineering Disciplines: Civil, Mechanical, Electrical, Piping and Structural Engineering
4) By Delivery Model: Offshore, Onsite
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