Global Aerospace Engineering Services Outsourcing Market Size & Outlook
Global aerospace engineering services outsourcing market, 2018-2030 (US$M)
Related Markets
Global aerospace engineering services outsourcing market highlights
- The global aerospace engineering services outsourcing market generated a revenue of USD 116,947.2 million in 2023 and is expected to reach USD 560,901.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 24.9% by 2030.
- In terms of segment, mechanical engineering accounted for a revenue of USD 57,155.2 million in 2023.
- Embedded Software Engineering is the most lucrative service segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 116,947.2 million |
| Market revenue in 2030 | USD 560,901.3 million |
| Growth rate | 24.9% (CAGR from 2024 to 2030) |
| Largest segment | Mechanical engineering |
| Fastest growing segment | Embedded Software Engineering |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mechanical Engineering, Electric/ Electronic Engineering, Embedded Software Engineering |
Other key industry trends
- In terms of revenue, the North America accounted for 34.4% of the global aerospace engineering services outsourcing market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 25,173.3 million by 2030.
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Aerospace Engineering Services Outsourcing Market Scope
Aerospace Engineering Services Outsourcing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Adecco Group AG | View profile | 72438 | Bellerivestrasse 30, Zurich, Switzerland, CH-8008 | https://www.adeccogroup.com |
| Alten | View profile | 56970 | 40, avenue Andre-Morizet, Boulogne-Billancourt Cedex, Paris, France, 92513 | https://www.alten.com |
| Capgemini SE | View profile | 340400 | 11 rue de Tilsitt, Paris, France, 75017 | https://www.capgemini.com |
| Safran SA | View profile | 83278 | 2, boulevard du General-Martial-Valin, Paris, France, 75015 | https://www.safran-group.com |
| Altair Engineering Inc Class A | View profile | 3200 | 1820 East Big Beaver Road, Troy, MI, United States, 48083 | https://www.altair.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
Global aerospace engineering services outsourcing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aerospace engineering services outsourcing market will help companies and investors design strategic landscapes.
Mechanical engineering was the largest segment with a revenue share of 48.87% in 2023. Horizon Databook has segmented the Global aerospace engineering services outsourcing market based on mechanical engineering, electric/ electronic engineering, embedded software engineering covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Aerospace Engineering Services Outsourcing Service Outlook (Revenue, USD Million, 2018-2030)
- Mechanical Engineering
- Electric/ Electronic Engineering
- Embedded Software Engineering
- Others
- Global Aerospace Engineering Services Outsourcing Function Outlook (Revenue, USD Million, 2018-2030)
- Design
- Simulation & Digital Validation
- Production Process
- Maintenance Process
- Global Aerospace Engineering Services Outsourcing Location Outlook (Revenue, USD Million, 2018-2030)
- On-shore
- Off-shore
- Global Aerospace Engineering Services Outsourcing Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Software
- Software Licensing
- Software Services
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Target buyers of Global aerospace engineering services outsourcing market databook
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Our clientele includes a mix of aerospace engineering services outsourcing market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global aerospace engineering services outsourcing market , including forecasts for subscribers. This global databook contains high-level insights into Global aerospace engineering services outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global aerospace engineering services outsourcing market size, by regions, 2018-2030 (US$M)
Top 10 countries: Aerospace engineering services outsourcing market size, 2023 (US$M)
Global aerospace engineering services outsourcing market share, by service, 2023 & 2030 (%, US$M)
Aerospace engineering services outsourcing market: Opportunity assessment by country
Global aerospace engineering services outsourcing market, by region, 2023 (US$M)
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