The Engineering Services by Indian Global Service Providers market research study delivers current market analysis plus a five year market and technology forecast. The study is available in multiple editions including worldwide, all regions, and most major countries
IoT and Digital Transformation Will Drive Engineering Services Market
Engineering services refer to the development of an altogether new product, process, or service. These services include design elements of the product or service itself, infrastructure, and equipment and processes involved in manufacturing them, maintaining them, or delivering them.
ARC groups engineering services into four major categories: product engineering, process engineering, automation-related services, and asset management-related services.
In recent years, global service providers have been considered for more strategic roles like co-innovation and joint development projects, which are based on a risk-sharing model.
Due to the maturity of services, especially the Internet of Things (IoT) services, the service industry is poised for transformation. Many suppliers have built specific capabilities around IoT and digital transformation, which are being received well by the end user community.
The engineering services market witnessed strong growth in 2018 with a majority of suppliers reporting an increase in their sales. ARC believes that the engineering services market will continue to grow at a good pace during the forecast period. The major growth drivers include new technology trends such as IoT, digital twins, cloud-enabled platforms, analytics, connected enterprises, simulation and advanced modeling, artificial intelligence, robotics, AR/VR and 3D printing, and smart products and services.
Engineering Services Strategic Issues
Engineering services suppliers in India face significant issues related to the changing outsourcing requirements and geo-political issues. This report attempts to answer key questions:
- What are the key trends in the engineering services market?
- What are some of the contributing and inhibiting factors?
- Which strategies can help suppliers increase their value proposition?
- Which suppliers are growing particularly fast? How is their growth changing the market dynamics?
Engineering Services Market Study Formats and Editions Available
This market study may be purchased as an Excel Workbook and/or as a PDF File. The Workbook has some unique features such as the ability to view data in local currency. Regional studies include country and industry market data. Country studies include market trends and industry data. Studies and formats available are listed below:
|MIRA Workbook||PDF File|
|Worldwide (includes regional data)||Yes||Yes|
|North America (includes country data)||Yes||No|
|Latin America (includes country data)||Yes||No|
|Europe, Middle East, Africa (includes country data)||Yes||No|
|Asia (includes country data)||Yes||No|
|Country Profiles (includes country data)||No||Yes|
Table of contents for these studies is shown in the following paragraphs.
Worldwide Research Focus Areas
Regional Research Focus Areas
- Leading Suppliers in Region
- Industry Shares in Region
- Country Shares in Region
- Leading Suppliers by Industry
Market History & Forecast Analysis
- Market History & Forecast by Country
- Market History & Forecast by Industry
List of countries & currencies included in each region:MIRA-Country.pdf