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
Chapter 1 Research Objective
1.1 Need of the Research Report
1.2 Client Objectives
1.3 Offered Solutions
Chapter 2 Recommendations
2.1 Executive Summary
2.1.1 Market Overview
2.1.2 Competitive Insights
2.1.3 Segmental Analysis
2.1.4 Geographical Market Details
2.2 Lead Generation
2.3 Consultant
2.4 Return on Investment
Chapter 3 Research Methodology
3.1 Chromatus Database
3.2 Paid Sources
3.3 Primary Data Collection
3.3.1 Email Surveys
3.3.2 Telephonic Interviews
3.3.3 Face to Face Interviews
3.4 Secondary Data Collection
3.4.1 Annual Reports
3.4.2 Government Publications
3.4.3 Trade Data
3.4.4 Association Data
3.4.5 Research Papers/ Blogs/ News Articles
3.5 Expert Advisory Panel
3.6 Data Analytics Model
Chapter 4 Engineering Services Outsourcing Market Overview
4.1 Parent Market Overview
4.2 Patent Analysis
4.3 PESTEL Analysis
4.3.1 Political
4.3.2 Economical
4.3.3 Social
4.3.4 Technological
4.3.5 Legal
4.4 SWOT Analysis
4.4.1 Strengths
4.4.2 Weakness
4.4.3 Opportunities
4.4.4 Threats
4.5 Regulations
4.6 Value Chain/ Supply Chain Analysis
4.7 Procurement & Vendor Analysis
4.8 Porters Five Analysis
4.8.1 Threat of new entrants
4.8.2 Bargaining power of suppliers
4.8.3 Bargaining power of buyers
4.8.4 Threat of substitutes
4.8.5 Competitive rivalry
Chapter 5 Regional Analysis Global Engineering Services Outsourcing Market Estimation and Forecast, 2017 - 2025 (USD Billion)
5.1 North America Market
5.1.1 U.S.
5.1.1 Canada
5.2 Europe Market
5.2.1 UK
5.2.2 Germany
5.2.3 France
5.2.4 Spain
5.2.5 Italy
5.2.6 Russia & CIS
5.2.7 Rest of Europe
5.3 Asia Pacific Market
5.3.1 China
5.3.2 Japan
5.3.3 India
5.3.4 South Korea
5.3.5 ASEAN
5.3.6 Rest of Asia Pacific
5.4 Rest of the World
5.4.1 Latin America
5.4.1.1 Brazil
5.4.1.2 Argentina
5.4.1.3 Rest of Latin America
5.4.2 Middle East
5.4.3 Africa
Chapter 6 Company Profile
6.1 RLE International Group
6.1.1 Introduction
6.1.2 Financial Overview
6.1.3 Product Portfolio
6.1.4 Recent Developments
6.1.5 SWOT Analysis
6.2 Altair Engineering, Inc.
6.3 Aricent Group
6.4 Cybage Software Pvt. Ltd.
6.5 Pactera Technology International Ltd.
6.6 PM Group
6.7 EPAM Systems, Inc.
6.8 GlobalLogic
6.9 Deaton Engineering; Inc.
6.10 Cyient Ltd.
6.11 Fareva SA.
Chapter 7 Competitor Analysis
7.1 Company Ranking
7.2 Key Innovators
7.3 Market Leader
7.4 Emerging Players
7.5 Strategic Alliances
7.6 Competitive Matrix of 12 Companies
Chapter 8 Global Engineering Services Outsourcing Market by Product Type Estimation and Forecast, 2017 - 2025 (USD Billion)
8.1 Onshore
8.2 Offshore
Chapter 9 Global Engineering Services Outsourcing Market by Consumption Type Estimation and Forecast, 2017 - 2025 (USD Billion)
9.1 Aerospace
9.2 Automotive
Chapter 10 Global Engineering Services Outsourcing Market by Distribution Channel Estimation and Forecast, 2017 - 2025 (USD Billion)
10.1 Type A
10.2 Type B
Chapter 11 Appendix
11.1 Data Sources
11.2 Abbreviations
11.3 About US
11.4 Disclaimer
11.5 Key Notes
List of Tables
Table 1 Global Engineering Services Outsourcing Market, by Region, 2017 - 2025 (USD Billion)
Table 2 Global Engineering Services Outsourcing Market, by Product Type, 2017 - 2025 (USD Billion)
Table 3 Global Engineering Services Outsourcing Market, by Consumption Type, 2017 - 2025 (USD Billion)
Table 4 Global Engineering Services Outsourcing Market, by Distribution Type, 2017 - 2025 (USD Billion)
Table 5 North America Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 6 North America Engineering Services Outsourcing Market by Product Type 2017 - 2025 (USD Billion)
Table 7 North America Engineering Services Outsourcing Market by Consumption Type 2017 - 2025 (USD Billion)
Table 8 North America Engineering Services Outsourcing Market by Distribution Type 2017 - 2025 (USD Billion)
Table 9 US Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 10 Canada Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 11 Europe Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 12 Europe Engineering Services Outsourcing Market by Product Type 2017 - 2025 (USD Billion)
Table 13 Europe Engineering Services Outsourcing Market by Consumption Type 2017 - 2025 (USD Billion)
Table 14 Europe Engineering Services Outsourcing Market by Distribution Type 2017 - 2025 (USD Billion)
Table 15 UK Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 16 Germany Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 17 France Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 18 Spain Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 19 Italy Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 20 Russia & CIS Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 21 Rest of Europe Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 22 Asia Pacific Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 23 Asia Pacific Engineering Services Outsourcing Market by Product Type 2017 - 2025 (USD Billion)
Table 24 Asia Pacific Engineering Services Outsourcing Market by Consumption Type 2017 - 2025 (USD Billion)
Table 25 Asia Pacific Engineering Services Outsourcing Market by Distribution Type 2017 - 2025 (USD Billion)
Table 26 China Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 27 Japan Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 28 India Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 29 South Korea Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 30 ASEAN Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 31 Rest of Asia Pacific Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 32 Latin America Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 33 Latin America Engineering Services Outsourcing Market by Product Type 2017 - 2025 (USD Billion)
Table 34 Latin America Engineering Services Outsourcing Market by Consumption Type 2017 - 2025 (USD Billion)
Table 35 Latin America Engineering Services Outsourcing Market by Distribution Type 2017 - 2025 (USD Billion)
Table 36 Brazil Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 37 Argentina Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 38 Rest of Latin America Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 39 Middle East Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 40 Middle East Engineering Services Outsourcing Market by Product Type 2017 - 2025 (USD Billion)
Table 41 Middle East Engineering Services Outsourcing Market by Consumption Type 2017 - 2025 (USD Billion)
Table 42 Middle East Engineering Services Outsourcing Market by Distribution Type 2017 - 2025 (USD Billion)
Table 43 Africa Engineering Services Outsourcing Market 2017 - 2025 (USD Billion)
Table 44 Africa Engineering Services Outsourcing Market by Product Type 2017 - 2025 (USD Billion)
Table 45 Africa Engineering Services Outsourcing Market by Consumption Type 2017 - 2025 (USD Billion)
Table 46 Africa Engineering Services Outsourcing Market by Distribution Type 2017 - 2025 (USD Billion)
List of Figures
Fig. 1 Primary Research Method
Fig. 2 Secondary Research Method
Fig. 3 Value chain analysis
Fig. 4 PESTEL Analysis
Fig. 5 SWOT Analysis
Fig. 6 Porters Five forces analysis
Fig. 7 Engineering Services Outsourcing Market: Penetration & growth prospect mapping
Fig. 8 Engineering Services Outsourcing Market: Competitive snapshot
Fig. 9 Engineering Services Outsourcing Market: Segmental snapshot
Fig. 10 Market Overview
Fig. 11 Engineering Services Outsourcing Market: Product Analysis, 2017 - 2025
Fig. 12 Engineering Services Outsourcing Market: Regional Analysis, 2017 - 2025
Fig. 13 Engineering Services Outsourcing Market: Competitive Matrix
Fig. 14 Engineering Services Outsourcing Market: Revenue Mix