Global Engineering Services Outsourcing Market - Market Size, Share & Industry Trends, Growth Analysis Report By Product Type, By Consumption and Forecast 2019 - 2025


DescriptionTable of ContentList of TablesList of Figures
Introduction

Engineering Services Outsourcing Market was valued at USD X.X Billion in 2018 and is projected to reach USD X.X billion by 2025, at a CAGR of X.X % from 2019-2025. Rising level of technical complexities for product development and manufacturing across industries, need to reduce costs, shorter product lifecycles, and increasing number of tie-ups between Original Equipment Manufacturers (OEMs) and Engineering Service Providers (ESPs) is expected to boost the growth. ESPs were traditionally categorized as third-party vendors.
However, the changing industrial scenario for product development and manufacturing has helped elevate their status to key stakeholders in the product development cycle. 

Geographical Overview

At a global level, North America region was holding the highest market share in 2018. Whereas, Asia Pacific region is considered as the fastest growing region with key players adopting expansion strategy in this region to gain maximum market share in the coming years. China and India are offering ample opportunities for the growth of Engineering Services Outsourcing Market with its high population base. Europe is also expected to witness a decent growth over the forecast period. 

Segmental Overview
Engineering Services Outsourcing Market is segmented as per below specifications -  

By Product Type: 
• Onshore
• Offshore

By Consumption: 
• Aerospace
• Automotive

 By Distribution Channel: 
• Type A
• Type B


Competitor Analysis
Engineering Services Outsourcing Market has presence of some of the key major players across globe which includes
• RLE International Group 
• Altair Engineering, Inc. 
• Aricent Group
• Cybage Software Pvt. Ltd.
• Pactera Technology International Ltd. 
• PM Group
• EPAM Systems, Inc. 
• GlobalLogic
• Deaton Engineering; Inc. 
• Cyient Ltd. 
• Fareva SA. 

These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.  

By Geographical Locations: 
• North America
o U.S.
o Canada
• Europe
o U.K.
o France
o Italy
o Germany
o Spain
o Russia & CIS
o Rest of Europe
• Asia-Pacific
o China 
o India
o Japan
o South Korea
o ASEAN
o Rest of Asia Pacific 
• Latin America
o Brazil
o Argentina
o Rest of LATAM
• Middle East & Africa
o UAE
o South Africa
o Rest of MEA

Highlights of the report
What is Engineering Services Outsourcing Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrant?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation 
Market size projection based on Historical & current market trends 
Market share analysis and key strategies adopted by leading Players
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations