Global Engineering Services Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Engineering Disciplines;

Civil, Mechanical, Electrical and Piping, and Structural Engineering.

By Delivery Model;

Offshore, and Onsite.

By Services;

Product Engineering, Process Engineering, Automation Related Services, and Asset Management Related Services.

By Industries;

Aerospace and Defense, Automotive, Chemical and Petrochemical, Electric Power Generation, Municipal Utility Projects, Mining, Oil and Gas, Pharmaceuticals, Transportation, Telecommunications, Nuclear Projects, and Other.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn837550347 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Engineering Services Market (USD Million), 2021 - 2031

In the year 2024, the Global Engineering Services Market was valued at USD 1,727.98 million. The size of this market is expected to increase to USD 3,000.06 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.2%.

The Global Engineering Services Market stands as a dynamic and pivotal sector driving innovation, development, and progress across diverse industries worldwide. This expansive market encompasses a wide array of specialized services offered by engineering firms, consulting companies, and technology providers, catering to the unique needs and challenges of organizations seeking engineering expertise and solutions.

At its core, the Global Engineering Services Market serves as a catalyst for transformative change, leveraging cutting-edge technologies, interdisciplinary collaboration, and strategic insights to address complex engineering problems and drive sustainable growth. From designing advanced infrastructure and optimizing manufacturing processes to developing innovative products and implementing renewable energy solutions, engineering services play a fundamental role in shaping the future of industries and economies globally.

The scope of the Global Engineering Services Market is vast, covering a broad spectrum of disciplines, including civil engineering, mechanical engineering, electrical engineering, software engineering, and more. Engineering firms offer a range of services, from conceptualization and design to implementation, testing, and maintenance, tailored to meet the diverse needs of clients across sectors such as construction, automotive, aerospace, energy, healthcare, and telecommunications.

Key drivers fueling the growth of the Global Engineering Services Market include rapid urbanization, technological advancements, increasing infrastructure investment, and the growing demand for sustainable solutions. As societies and economies evolve, there is a growing need for innovative engineering services to address emerging challenges such as climate change, urbanization, digital transformation, and resource scarcity.

Globalization and digitalization have opened up new opportunities for engineering services providers to collaborate, innovate, and compete on a global scale. Cross-border partnerships, joint ventures, and international expansion enable firms to access new markets, tap into diverse talent pools, and deliver value-added services to clients worldwide.

Despite its vast potential, the Global Engineering Services Market also faces challenges, including fierce competition, talent shortages, and evolving regulatory landscapes. Engineering firms must stay abreast of technological trends, invest in talent development, and adapt to changing market dynamics to remain competitive and sustain growth in a rapidly evolving business environment.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Engineering Disciplines
    2. Market Snapshot, By Delivery Model
    3. Market Snapshot, By Services
    4. Market Snapshot, By Industries
    5. Market Snapshot, By Region
  4. Global Engineering Services Market Trends
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements
        2. Urbanization
        3. Infrastructure investment
        4. Sustainability
      2. Restraints
        1. Talent shortages
        2. Fierce competition
        3. Evolving regulatory landscapes
        4. Economic uncertainty
      3. Opportunities
        1. Emerging markets
        2. Technological innovation
        3. Digitalization
        4. Sustainable development goals
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Engineering Services Market, By Engineering Disciplines, 2021 - 2031 (USD Million)
      1. Civil
      2. Mechanical
      3. Electrical
      4. Piping and Structural Engineering
    2. Global Engineering Services Market, By Delivery Model, 2021 - 2031 (USD Million)
      1. Offshore
      2. Onsite
    3. Global Engineering Services Market, By Services, 2021 - 2031 (USD Million)
      1. Product Engineering
      2. Process Engineering
      3. Automation Related Services
      4. Asset Management Related Services
    4. Global Engineering Services Market, By Industries, 2021 - 2031 (USD Million)
      1. Aerospace and Defense
      2. Automotive
      3. Chemical and Petrochemical
      4. Electric Power Generation
      5. Municipal Utility Projects
      6. Mining
      7. Oil and Gas
      8. Pharmaceuticals
      9. Transportation
      10. Telecommunications
      11. Nuclear Projects
      12. Other
    5. Global Engineering Services Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AECOM Engineering company
      2. Bechtel Corporation
      3. Nintendo Co Ltd
      4. Kiewit Corporation
      5. WSP Global Inc
      6. STRABAG SE
      7. NV5 Global
      8. Barton Malow
      9. Gilbane Building Company
      10. Jones Lang LaSalle Incorporated
      11. Balfour Beatty US
      12. Brasfield & Gorrie, LLC
      13. New York Engineers
      14. Trylon Engineering Pty Ltd
  7. Analyst Views
  8. Future Outlook of the Market