Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Engineering Services Market Overview
• Engineering Services market size has reached to $1110.15 billion in 2024
• Expected to grow to $1318.58 billion in 2029 at a compound annual growth rate (CAGR) of 3.7%
• Growth Driver: Elevating Engineering Services With Artificial Intelligence
• Market Trend: Ricoh's Ricoh Remote Patient Monitoring (RPM) Enablement Addresses Burnout Crisis And Streamlines Patient Care
• North America was the largest region in 2024 and Western Europe is the fastest growing region.
What Is Covered Under Engineering Services Market?
Engineering services can provide extensive consultation to a company needing expert advice and solutions. Engineering services firms can accept the project and work on evaluating, designing, simulating, and testing the product.
The main types of engineering services are civil engineering services, environmental engineering services, construction engineering services, mechanical engineering services, and other engineering services. Civil engineering services encompass a wide range of activities, including the planning, design, and construction of commercial and residential structures, transportation infrastructure, such as roads, bridges, and railways, water distribution systems, such as dams, sewers, and sewage treatment, environmental infrastructure, such as landscaping, urban planning, and parks, industrial infrastructure construction management, construction technology, and more. The various engineering disciplines include civil, mechanical, electrical, piping, and structural engineering and are delivered through offshore and onsite models. The services are used by automotive, industrial manufacturing, healthcare sector, aerospace, telecommunications, information technology, energy & utilities, and others.