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Architectural, Engineering Consultants And Related Services Global Market Report 2019

Starting Price : $ 4000.00 | Pages : 300 | Published : January 2019 | SKU CODE : 5310 | Format :


Architectural, Engineering Consultants And Other Related Services Market Characteristics

The architecture, engineering consultants and other related services (A,EC & related services) market consists of the sales of A,EC & related services goods and services by entities (organizations, sole traders and partnerships) that provide support to the planning and designing of construction related businesses of all sizes across all industries. Business entities that are engaged in providing architecture, engineering consultants and other related services are generally referred to as architectural firms or engineering consultancy firms. Architecture, engineering consultancy and related services undertake processes where human capital is the major input. They make available the knowledge and skills of their employees, often on an assignment basis, where an individual or team is responsible for the delivery of services to the client.

Competitive Landscape of the Architectural, Engineering Consultants And Other Related Services Market

Major players in the global architecture, engineering consultants and other related services market include Bechtel Corporation, AECOM, Jacobs Engineering Group Inc, Gensler, CH2M HILL Inc

Architectural, Engineering Consultants And Other Related Services Market Size

The architecture, engineering consultants and other related services market size is expected to reach $1.7 trillion by 2022, significantly growing at a CAGR of around 6% during the forecast period. The growth in the architecture, engineering consultants and other related services market is due to increase in smart cities, rising demand for environmentally friendly building and technology development

However, the market for architecture, engineering consultants and other related services is expected to face certain restraints from several factors such as increasing penetration of DIY tools and reduction in free trade

Architectural, Engineering Consultants And Other Related Services Market Segmentation

The global architectural, engineering consultants and other related services market is further segmented based on type and geography.
By Type - The architecture, engineering consultants and other related services market is segmented into engineering services, architectural services, laboratory testing services, surveying & mapping services, building inspection services, geophysical services, drafting services among these segments, the engineering services market accounts for the largest share in the global Architecture, Engineering Consultants And Other Related Services market.
By Geography - The global architecture, engineering consultants and other related services is segmented into north america, south america, asia-pacific, eastern europe, western europe, middle east and africa. among these regions, western europe was the largest region in the global architectural, engineering consultants and related services market.
Trends in the Architectural, Engineering Consultants And Other Related Services Market
Architectural/Engineering services landscape is changing rapidly due to the global sourcing opportunities and increasing internet penetration. Online crowd sourcing enables customers to submit requirements online and architectural, engineering service providers to send design ideas and plans to customers directly. Once the customer select a plan and design, they receive further customization based on their specific requirements. For instance, Arcbazar and competition line offers architectural services to customers online through its crowd sourcing platform. Potential Opportunities in the Architectural, Engineering Consultants And Other Related Services Market With increase in economic growth, rapid urbanization and globalization, the scope and potential for the global architecture, engineering consultants and other related services market is expected to significantly rise in the forecast period.

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