Architecture, engineering consultants and other related services comprise activities that provide support to 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 as architectural firms or engineering consultancy firms.
The top five companies covered are Bechtel Corporation, AECOM, Jacobs Engineering Group Inc., Gensler and CH2M HILL Inc. Bechtel was the largest company in the architecture, engineering consultants and other related services market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The global architectural, engineering consultants and related services market was valued at around $1 trillion in 2017. Western Europe was the largest region in the architectural, engineering consultants and related services market in 2017, accounting for 30% market share. The USA was the largest country in the market in 2017, accounting for 21% market share.
Rising costs and increasing competition among the architectural, engineering firms is expected to drive architecture, engineering and related service companies’ consolidation and restructuring in the forecast period. According to a survey of architecture and interior design firms by Zweig Group 2015, 68% of the firms said that they are considering either merger or acquisition in the next five years, thereby indicating high merger activity over the next five years in the architecture and engineering services industry.
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