The global engineering services outsourcing market size was estimated at USD 2,575.03 billion in 2024 and is expected to grow at a CAGR of 23.4% from 2025 to 2030. The growth of the market can be attributed to several factors, including the increasing complexity of engineering projects that necessitate specialized expertise and advanced technological capabilities. Additionally, the demand for cost reduction and operational efficiency drives businesses to seek external partners who can provide high-quality engineering services at competitive prices is driving the engineering services outsourcing industry growth.
Cost reduction and efficiency gains are significant drivers fueling the growth of the Engineering Services Outsourcing (ESO) market. One of the primary reasons for this growth is the ability of ESO to reduce operational costs. By outsourcing engineering services, companies can leverage labor cost arbitrage, particularly by partnering with providers in regions such as India, the Philippines, or Eastern Europe, where engineering talent is available at lower costs. Additionally, ESO eliminates the need for companies to invest in costly infrastructure such as advanced software, tools, and research facilities. This reduction in overhead allows organizations to reallocate budgets to other strategic areas, thereby propelling engineering services outsourcing industry expansion.
Additionally, the growing adoption of Artificial Intelligence (AI), the Internet of Things (IoT), and Digital Twins. These technologies have transformed traditional engineering processes, enabling more accurate simulations, predictive maintenance, and real-time monitoring. ESO providers are often at the forefront of these innovations, investing heavily in advanced software and tools. For instance, Digital Twin technology allows companies to create virtual replicas of physical systems, enabling them to optimize performance and identify potential issues before deployment. By outsourcing these capabilities, businesses gain access to state-of-the-art tools without incurring the high costs of in-house development.
The adoption of Industry 4.0 technologies is significantly driving the growth of the Engineering Services Outsourcing (ESO) market. Industry 4.0, often referred to as the Fourth Industrial Revolution, incorporates advanced technologies such as automation, artificial intelligence (AI), the Internet of Things (IoT), digital twins, and big data analytics into industrial processes. This shift is transforming the engineering landscape, creating a surge in demand for specialized expertise that ESO providers are uniquely positioned to deliver, thereby driving engineering services outsourcing industry growth.
Automation and robotics are central to Industry 4.0, enabling businesses to increase productivity and reduce costs. The design, development, and deployment of robotic systems require specialized engineering services, from mechanical design to software programming and integration. ESO providers have the necessary expertise to deliver end-to-end solutions for automation projects, allowing companies to implement robotic systems more quickly and efficiently. This growing demand for robotics-related engineering services is further fueling the expansion of the engineering services outsourcing industry.
The testing segment accounted for the largest market share of over 31% in 2024. This dominance is driven by the increasing complexity of automotive systems and components, particularly with the rise of electric vehicles (EVs) and autonomous driving technologies. As Original Equipment Manufacturers (OEMs) seek to ensure safety and compliance with stringent regulations, there is a growing demand for comprehensive testing services. This includes simulation, validation, and verification processes that can efficiently handle advanced technologies. The need for rapid prototyping and the ability to bring products to market faster also contribute to the segment's dominance, as companies look to outsource these specialized tasks to reduce costs and enhance operational efficiency.
The designing segment is expected to witness the fastest CAGR of over 25% from 2025 to 2030. This rapid growth can be attributed to the rapid evolution of automotive technologies and consumer preferences. As automakers increasingly focus on innovation, they require advanced design capabilities that incorporate the latest trends in connectivity, sustainability, and user experience. The shift towards modular vehicle architectures and platform sharing allows for more flexible design processes, enabling quicker adaptations to market demands. Additionally, the integration of artificial intelligence (AI) and machine learning in design processes enhances creativity and efficiency, driving further growth in this segment.
The on-shore segment accounted for the largest market share in 2024. The on-shore segment benefits from the increasing emphasis on quality control, intellectual property protection, and regulatory compliance. Companies are recognizing the advantages of keeping engineering services closer to their operational bases to facilitate better communication and collaboration among teams. This trend is particularly relevant in regions with high labor costs where businesses are willing to invest in local expertise to ensure high-quality outcomes. Additionally, the rising consumer demand for locally produced goods fosters a preference for on-shore outsourcing as companies seek to enhance their brand image and meet sustainability goals.
The off-shore segment is expected to witness the fastest CAGR from 2025 to 2030, as manufacturers continue to leverage cost advantages associated with outsourcing engineering services to countries with lower labor costs. This strategy allows OEMs to focus on core competencies while accessing specialized skills and technologies that may not be available domestically. The growing trend of digital transformation within the automotive industry also supports off-shoring efforts, as companies can utilize advanced digital tools and platforms for seamless collaboration across borders. Furthermore, the increasing complexity of automotive systems necessitates a diverse skill set that off-shore providers can offer at competitive prices.
The manufacturing segment accounted for the largest market share in 2024, driven by the ongoing push for efficiency and scalability in production processes. As automakers strive to reduce production costs while maintaining high-quality standards, there is a growing reliance on outsourced manufacturing services that can provide specialized expertise and advanced technologies. Additionally, the shift towards electrification and sustainable manufacturing practices is prompting manufacturers to seek partners who can support these initiatives through innovative solutions. The need for rapid adaptation to changing market conditions further fuels demand for flexible manufacturing options.
The healthcare segment is expected to register the fastest CAGR from 2025 to 2030, owing to the increasing integration of advanced technologies such as IoT, AI, and big data analytics in medical devices and healthcare systems. As healthcare providers look to enhance patient outcomes through personalized medicine and improved diagnostics, there is a rising demand for engineering services that can support the development of sophisticated medical devices. Additionally, regulatory pressures and the need for compliance with stringent safety standards drive healthcare organizations to outsource specialized engineering services that ensure quality and reliability in their products.
North America engineering services outsourcing industry is expected to grow at the fastest CAGR of over 16% from 2025 to 2030, primarily driven by the need for cost reduction, access to specialized skills, and the pressure to innovate quickly. Companies in the region are increasingly outsourcing engineering functions to improve efficiency, reduce overhead costs, and focus on their core competencies. The availability of a skilled workforce in emerging economies and the rise of digital transformation are also significant factors contributing to this trend.
The U.S. engineering services outsourcing industry is expected to grow at a CAGR of over 15% from 2025 to 2030, driven by the early adoption of energy optimization services and a trend towards outsourcing non-core energy management operations. The market is projected to grow significantly, with investments in upgrading aging power infrastructure and advancements in smart grid technologies enhancing demand for energy optimization solutions.
Europe engineering services outsourcing industry is expected to grow at a CAGR of over 25% from 2025 to 2030. In Europe, the market largely driven by the region’s need to maintain competitiveness in the global market. Outsourcing helps European firms access advanced technologies, lower labor costs, and tap into specialized expertise that may not be readily available in-house. Additionally, economic pressures and regulatory complexities in various European countries encourage businesses to seek external partners for engineering support to streamline operations and remain flexible.
The UK engineering services outsourcing market is expected to grow at a significant rate in the coming years. This expansion is characterized by a strong push towards sustainability and renewable energy integration. Government policies aimed at reducing carbon footprints and promoting green technologies are driving investments in energy optimization services. The increasing demand for digitization in energy management systems is also fostering growth in this sector.
The engineering services outsourcing market in Germany is characterized by its leadership in renewable energy adoption and stringent environmental regulations. The country has made significant investments in wind and solar power, which necessitate advanced energy management solutions to optimize performance and reliability. As a result, there is a growing demand for ESO services that can integrate these renewable sources into existing grids while ensuring efficiency and sustainability.
Asia Pacific engineering services outsourcing industry dominated the market with a share of over 40% in 2024, fueled by its rapid economic growth, an abundance of highly skilled labor, and a favorable business environment for global companies. With lower labor costs and a growing pool of qualified engineers, countries such as India and China have become attractive destinations for outsourcing engineering tasks. Furthermore, the increasing demand for digital and technological innovation in industries such as manufacturing, automotive, and IT drives the need for more outsourced engineering expertise in this region.
Japan's engineering services outsourcing market is gaining traction owing to the increasing demand for high-quality engineering services, particularly in the automotive and healthcare sectors. Companies are increasingly outsourcing specialized engineering tasks to leverage global expertise while managing costs effectively.
Engineering services outsourcing market in China is witnessing rapid growth driven by the country's massive investments in renewable energy infrastructure and technology. As one of the largest consumers of energy globally, China is focusing on optimizing its energy consumption through advanced engineering services. The government's initiatives to reduce reliance on coal and increase the share of renewables are creating significant opportunities for ESO providers. The market is anticipated to grow as China continues to implement smart grid technologies and enhance its overall energy efficiency.
Some of the key players operating in the market are Tata Consultancy Services (TCS) and ALTEN Group.
ALTEN Group is a global technology consulting and engineering services company that specializes in providing innovative solutions across various industries, including aeronautics, automotive, telecommunications, and life sciences. The company focuses on delivering comprehensive services that encompass the entire product development cycle, from design and engineering to IT solutions. The company's commitment to innovation and sustainable practices makes it a trusted partner for organizations looking to enhance their operational efficiency and competitiveness in a rapidly evolving market.
Tata Consultancy Services (TCS) is a global IT services, consulting, and business solutions organization providing a comprehensive range of services, including application development, business process outsourcing, and digital transformation solutions. With a strong focus on innovation and sustainability, TCS leverages advanced technologies to help clients across various sectors enhance their operational efficiency and drive growth. The company operates in numerous countries worldwide, serving some of the largest enterprises and contributing significantly to the global IT landscape.
HCL Technologies Limited and Emerson Electric Co some of the emerging participants in the engineering services outsourcing market.
HCL Technologies Limited is a global IT services and consulting company that specializes in a wide range of services, including IT and business services, engineering and R&D services, and products and platforms, catering to diverse industries such as finance, healthcare, and telecommunications. The company has established a strong presence in over 60 countries, focusing on innovation and client-centric solutions to drive digital transformation and operational efficiency for its clients. The company is known for its commitment to research and development, evidenced by its extensive portfolio of patents and numerous innovation labs worldwide.
Emerson Electric Co. is a global technology and engineering company that was established as a manufacturer of electric motors and fans. The company delivers automation solutions, providing innovative products and services across various sectors, including industrial, commercial, and residential markets. The company specializes in measurement and analytical instrumentation, process control systems, and fluid control technologies, among others.
The following are the leading companies in the engineering services outsourcing market. These companies collectively hold the largest market share and dictate industry trends.
View a comprehensive list of companies in the Engineering Services Outsourcing Market
In December 2024, ALTEN Group announced the completion of its acquisition of the Worldgrid business unit from Atos SE. Worldgrid specializes in providing consulting and engineering services to energy and utility companies, primarily operating in France, Germany, and Spain.
In December 2024, HCLTechnologies announced the acquisition of assets from HPE's Communications Technology Group. This acquisition will expand HCL's portfolio of service offerings, including Business Support Systems (BSS) and network applications while integrating advanced technologies like AI and IoT into its services.
In March 2024, Tata Consultancy Services (TCS) announced a multimillion-dollar strategic partnership with Ramboll, a global architecture and engineering consultancy based in Denmark, to transform its IT infrastructure over the next seven years. This collaboration aims to modernize Ramboll's IT operating model, enhancing business growth while optimizing costs and reducing its carbon footprint.
Report Attribute |
Details |
Market size value in 2025 |
USD 3,287.04 billion |
Revenue forecast in 2030 |
USD 9,412.07 billion |
Growth rate |
CAGR of 23.4% from 2025 to 2030 |
Base year for estimation |
2024 |
Historical data |
2018 - 2023 |
Forecast period |
2025 - 2030 |
Report updated |
February 2025 |
Quantitative units |
Revenue in USD billion and CAGR from 2025 to 2030 |
Report Product |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments covered |
Service, location, application, region |
Country scope |
U.S.; Canada; Mexico; UK; Germany; France; China; Australia; Japan; India; South Korea; Brazil; South Africa; Saudi Arabia; UAE |
Key companies profiled |
AKKA Technologies (Akkodis); Alten Group; Capgemini Engineering; Entelect; HCL Technologies Limited; Infosys Limited; Tata Elxsi; Tata Consultancy Services Limited; Tech Mahindra Limited; Wipro Limited |
Customization scope |
Free report customization (equivalent to up to 8 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options |
Avail customized purchase options to meet you exact research needs. Explore purchase options |
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest technology trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the engineering services outsourcing market report based on service, location, application, and region:
Services Outlook (Revenue, USD Million, 2018 - 2030)
Designing
Prototyping
System Integration
Testing
Others
Location Outlook (Revenue, USD Million, 2018 - 2030)
On-shore
Off-shore
Application Outlook (Revenue, USD Million, 2018 - 2030)
Aerospace
Automotive
Manufacturing
Consumer Electronics
Semiconductors
Healthcare
Telecom
Energy & Utilities
Construction & Infrastructure
Others
Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Asia Pacific
China
Japan
India
South Korea
Australia
b. The global engineering services outsourcing market size was valued at USD 2,575.03 million in 2024 and is expected to reach USD 3,287.04 million by 2025.
b. Key factors that are the rising demand for incorporating the most delinquent technologies in the product offerings, and the increasing need to trim the product lifecycles and trim costs are also anticipated to contribute to the ESO market's growth. The growing alliance among Engineering Service Providers (ESP) and Original Equipment Manufacturers (OEM) is predicted to appear to be one of the direct factors propelled by the increase in the acceptance of engineering services outsourcing (ESO).
b. Some key players operating in the engineering services outsourcing market include Tata Consultancy Services Limited, Tata Elxsi, ALTEN Group, AKKA and Capgemini Engineering.
b. The global engineering services outsourcing market is expected to grow at a compound annual growth rate of 23.4% from 2025 to 2030 to reach USD 9,412.07 billion by 2030
b. The testing segment dominated the market in 2024 of over 31%, driven by the increasing complexity of automotive systems and components, particularly with the rise of electric vehicles (EVs) and autonomous driving technologies.
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.2.1. Information analysis
1.2.2. Market formulation & data visualization
1.2.3. Data validation & publishing
1.3. Research Scope and Assumptions
1.3.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. Engineering Services Outsourcing Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.2.3. Technology Challenge
3.3. Engineering Services Outsourcing Market Analysis Tools
3.3.1. Technology Analysis - Porter’s
3.3.1.1. Bargaining power of the suppliers
3.3.1.2. Bargaining power of the buyers
3.3.1.3. Threats of substitution
3.3.1.4. Threats from new entrants
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Economic and social landscape
3.3.2.3. Technological landscape
Chapter 4. Engineering Services Outsourcing Market: Services Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Engineering Services Outsourcing Market: Services Movement Analysis, 2024 & 2030 (USD Million)
4.3. Designing
4.3.1. Designing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Prototyping
4.4.1. Prototyping Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. System Integration
4.5.1. System Integration Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.6. Testing
4.6.1. Testing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.7. Others
4.7.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Engineering Services Outsourcing Market: Location Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Engineering Services Outsourcing Market: Genre Movement Analysis, 2024 & 2030 (USD Million)
5.3. On-shore
5.3.1. On-shore Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Off-shore
5.4.1. Off-shore Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Near-shore
5.5.1. Near-shore Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Engineering Services Outsourcing Market: Application Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. Engineering Services Outsourcing Market: Application Movement Analysis, 2024 & 2030 (USD Million)
6.3. Aerospace
6.3.1. Aerospace Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Automotive
6.4.1. Automotive Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Manufacturing
6.5.1. Manufacturing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Consumer Electronics
6.6.1. Consumer Electronics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.7. Semiconductors
6.7.1. Semiconductors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.8. Healthcare
6.8.1. Healthcare Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.9. Telecom
6.9.1. Telecom Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.10. Energy & Utilities
6.10.1. Energy & Utilities Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.11. Construction & Infrastructure
6.11.1. Construction & Infrastructure Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.12. Others
6.12.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Engineering Services Outsourcing Market: Regional Estimates & Trend Analysis
7.1. Engineering Services Outsourcing Market by Region, 2024 & 2030
7.2. North America
7.2.1. North America Engineering Services Outsourcing Market Estimates & Forecasts, 2018 - 2030 (USD Million)
7.2.2. U.S.
7.2.2.1. Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.2.3. Canada
7.2.3.1. Canada Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.2.4. Mexico
7.2.4.1. Mexico Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.3. Europe
7.3.1. Europe Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.3.2. UK
7.3.2.1. UK Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.3.3. Germany
7.3.3.1. Germany Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.3.4. France
7.3.4.1. France Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.3.5. Italy
7.3.5.1. Italy Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.3.6. Spain
7.3.6.1. Spain Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.4. Asia Pacific
7.4.1. Asia Pacific Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.4.2. China
7.4.2.1. China Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.4.3. Japan
7.4.3.1. Japan Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.4.4. India
7.4.4.1. India Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.4.5. South Korea
7.4.5.1. South Korea Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.4.6. Australia
7.4.6.1. Australia Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.5. Latin America
7.5.1. Latin America Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.5.2. Brazil
7.5.2.1. Brazil Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.5.3. Mexico
7.5.3.1. Mexico Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.6. Middle East and Africa
7.6.1. Middle East and Africa Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.6.2. Saudi Arabia
7.6.2.1. Saudi Arabia Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.6.3. South Africa
7.6.3.1. South Africa Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
7.6.4. UAE
7.6.4.1. UAE Engineering Services Outsourcing Market Estimates and Forecasts, 2018 - 2030 (USD million)
Chapter 8. Competitive Landscape
8.1. Company Categorization
8.2. Company Market Positioning
8.3. Company Heat Map Analysis
8.4. Company Profiles/Listing
8.4.1. AKKA Technologies (Akkodis)
8.4.1.1. Participant’s Overview
8.4.1.2. Financial Performance
8.4.1.3. Product Benchmarking
8.4.1.4. Strategic Initiatives
8.4.2. Alten Group
8.4.2.1. Participant’s Overview
8.4.2.2. Financial Performance
8.4.2.3. Product Benchmarking
8.4.2.4. Strategic Initiatives
8.4.3. Capgemini Engineering
8.4.3.1. Participant’s Overview
8.4.3.2. Financial Performance
8.4.3.3. Product Benchmarking
8.4.3.4. Strategic Initiatives
8.4.4. Entelect
8.4.4.1. Participant’s Overview
8.4.4.2. Financial Performance
8.4.4.3. Product Benchmarking
8.4.4.4. Strategic Initiatives
8.4.5. HCL Technologies Limited
8.4.5.1. Participant’s Overview
8.4.5.2. Financial Performance
8.4.5.3. Product Benchmarking
8.4.5.4. Strategic Initiatives
8.4.6. Infosys Limited
8.4.6.1. Participant’s Overview
8.4.6.2. Financial Performance
8.4.6.3. Product Benchmarking
8.4.6.4. Strategic Initiatives
8.4.7. Tata Elxsi
8.4.7.1. Participant’s Overview
8.4.7.2. Financial Performance
8.4.7.3. Product Benchmarking
8.4.7.4. Strategic Initiatives
8.4.8. Tata Consultancy Services Limited.
8.4.8.1. Participant’s Overview
8.4.8.2. Financial Performance
8.4.8.3. Product Benchmarking
8.4.8.4. Strategic Initiatives
8.4.9. Tech Mahindra Limited
8.4.9.1. Participant’s Overview
8.4.9.2. Financial Performance
8.4.9.3. Product Benchmarking
8.4.9.4. Strategic Initiatives
8.4.10. Wipro Limited
8.4.10.1. Participant’s Overview
8.4.10.2. Financial Performance
8.4.10.3. Product Benchmarking
8.4.10.4. Strategic Initiatives
List of Tables
Table 1 Engineering Services Outsourcing market size estimates & forecasts, 2018 - 2030 (USD Million)
Table 2 Engineering services outsourcing market, by services, 2018 - 2030 (USD Million)
Table 3 Engineering services outsourcing market, by location, 2018 - 2030 (USD Million)
Table 4 Engineering services outsourcing market, by application, 2018 - 2030 (USD Million)
Table 5 Designing market estimates & forecasts, 2018 - 2030 (USD Million)
Table 6 Prototyping market estimates & forecasts, 2018 - 2030 (USD Million)
Table 7 System integration market estimates & forecasts, 2018 - 2030 (USD Million)
Table 8 Testing market estimates & forecasts, 2018 - 2030 (USD Million)
Table 9 Others market estimates & forecasts, 2018 - 2030 (USD Million)
Table 10 On-shore market estimates & forecasts, 2018 - 2030 (USD Million)
Table 11 Off-shore market estimates & forecasts, 2018 - 2030 (USD Million)
Table 12 Near-shore market estimates & forecasts, 2018 - 2030 (USD Million)
Table 13 Aerospace market estimates & forecasts, 2018 - 2030 (USD Million)
Table 14 Automotive market estimates & forecasts, 2018 - 2030 (USD Million)
Table 15 Manufacturing market estimates & forecasts, 2018 - 2030 (USD Million)
Table 16 Consumer electronics market estimates & forecasts, 2018 - 2030 (USD Million)
Table 17 Semiconductors market estimates & forecasts, 2018 - 2030 (USD Million)
Table 18 Healthcare market estimates & forecasts, 2018 - 2030 (USD Million)
Table 19 Telecom market estimates & forecasts, 2018 - 2030 (USD Million)
Table 20 Energy & utilities market estimates & forecasts, 2018 - 2030 (USD Million)
Table 21 Construction & infrastructure market estimates & forecasts, 2018 - 2030 (USD Million)
Table 22 Others market estimates & forecasts, 2018 - 2030 (USD Million)
Table 23 North America engineering services outsourcing market, by services 2018 - 2030 (USD Million)
Table 24 North America engineering services outsourcing market, by location 2018 - 2030 (USD Million)
Table 25 North America engineering services outsourcing market, by application 2018 - 2030 (USD Million)
Table 26 U.S. engineering services outsourcing market, by services 2018 - 2030 (USD Million)
Table 27 U.S. engineering services outsourcing market, by location 2018 - 2030 (USD Million)
Table 28 U.S. engineering services outsourcing market, by application 2018 - 2030 (USD Million)
Table 29 Canada engineering services outsourcing market, by services 2018 - 2030 (USD Million)
Table 30 Canada engineering services outsourcing market, by location 2018 - 2030 (USD Million)
Table 31 Canada engineering services outsourcing market, by application 2018 - 2030 (USD Million)
Table 32 Europe engineering services outsourcing market, by services 2018 - 2030 (USD Million)
Table 33 Europe engineering services outsourcing market, by location 2018 - 2030 (USD Million)
Table 34 Europe engineering services outsourcing market, by application 2018 - 2030 (USD Million)
Table 35 UK engineering services outsourcing market, by services 2018 - 2030 (USD Million)
Table 36 UK engineering services outsourcing market, by location 2018 - 2030 (USD Million)
Table 37 UK engineering services outsourcing market, by application 2018 - 2030 (USD Million)
Table 38 Germany engineering services outsourcing market, by services 2018 - 2030 (USD Million)
Table 39 Germany engineering services outsourcing market, by location 2018 - 2030 (USD Million)
Table 40 Germany engineering services outsourcing market, by application 2018 - 2030 (USD Million)
Table 41 France engineering services outsourcing market, by services 2018 - 2030 (USD Million)
Table 42 France engineering services outsourcing market, by location 2018 - 2030 (USD Million)
Table 43 France engineering services outsourcing market, by application 2018 - 2030 (USD Million)
Table 44 Asia-Pacific engineering services outsourcing market, by services 2018 - 2030 (USD Million)
Table 45 Asia-Pacific engineering services outsourcing market, by location 2018 - 2030 (USD Million)
Table 46 Asia-Pacific engineering services outsourcing market, by application 2018 - 2030 (USD Million)
Table 47 China engineering services outsourcing market, by services 2018 - 2030 (USD Million)
Table 48 China engineering services outsourcing market, by location 2018 - 2030 (USD Million)
Table 49 China engineering services outsourcing market, by application 2018 - 2030 (USD Million)
Table 50 Japan engineering services outsourcing market, by services 2018 - 2030 (USD Million)
Table 51 Japan engineering services outsourcing market, by location 2018 - 2030 (USD Million)
Table 52 Japan engineering services outsourcing market, by application 2018 - 2030 (USD Million)
Table 53 India engineering services outsourcing market, by services 2018 - 2030 (USD Million)
Table 54 India engineering services outsourcing market, by location 2018 - 2030 (USD Million)
Table 55 India engineering services outsourcing market, by application 2018 - 2030 (USD Million)
Table 56 South Korea engineering services outsourcing market, by services 2018 - 2030 (USD Million)
Table 57 South Korea engineering services outsourcing market, by location 2018 - 2030 (USD Million)
Table 58 South Korea engineering services outsourcing market, by application 2018 - 2030 (USD Million)
Table 59 Australia engineering services outsourcing market, by services 2018 - 2030 (USD Million)
Table 60 Australia engineering services outsourcing market, by location 2018 - 2030 (USD Million)
Table 61 Australia engineering services outsourcing market, by application 2018 - 2030 (USD Million)
Table 62 Latin America engineering services outsourcing market, by services 2018 - 2030 (USD Million)
Table 63 Latin America engineering services outsourcing market, by location 2018 - 2030 (USD Million)
Table 64 Latin America engineering services outsourcing market, by application 2018 - 2030 (USD Million)
Table 65 Brazil engineering services outsourcing market, by services 2018 - 2030 (USD Million)
Table 66 Brazil engineering services outsourcing market, by location 2018 - 2030 (USD Million)
Table 67 Brazil engineering services outsourcing market, by application 2018 - 2030 (USD Million)
Table 68 Mexico engineering services outsourcing market, by services 2018 - 2030 (USD Million)
Table 69 Mexico engineering services outsourcing market, by location 2018 - 2030 (USD Million)
Table 70 Mexico engineering services outsourcing market, by application 2018 - 2030 (USD Million)
Table 71 Saudi Arabia engineering services outsourcing market, by services 2018 - 2030 (USD Million)
Table 72 Saudi Arabia engineering services outsourcing market, by location 2018 - 2030 (USD Million)
Table 73 Saudi Arabia engineering services outsourcing market, by application 2018 - 2030 (USD Million)
Table 74 UAE engineering services outsourcing market, by services 2018 - 2030 (USD Million)
Table 75 UAE engineering services outsourcing market, by location 2018 - 2030 (USD Million)
Table 76 UAE engineering services outsourcing market, by application 2018 - 2030 (USD Million)
Table 77 South Africa engineering services outsourcing market, by services 2018 - 2030 (USD Million)
Table 78 South Africa engineering services outsourcing market, by location 2018 - 2030 (USD Million)
Table 79 South Africa engineering services outsourcing market, by application 2018 - 2030 (USD Million)
List of Figures
Fig. 1 Engineering services outsourcing market segmentation
Fig. 2 Information procurement
Fig. 3 Data analysis models
Fig. 4 Market formulation and validation
Fig. 5 Data validating & publishing
Fig. 6 Engineering services outsourcing market snapshot
Fig. 7 Engineering services outsourcing market segment snapshot
Fig. 8 Engineering services outsourcing market competitive landscape snapshot
Fig. 9 Market research process
Fig. 10 Market driver relevance analysis (current & future impact)
Fig. 11 Market restraint relevance analysis (current & future impact)
Fig. 12 Engineering services outsourcing market, by services, key takeaways
Fig. 13 Engineering services outsourcing market, by services, market share, 2024 & 2030
Fig. 14 Designing market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 15 Prototyping market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 16 System Integration market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 17 Testing market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 18 Others market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 19 Engineering services outsourcing market, by location, key takeaways
Fig. 20 Engineering services outsourcing market, by location, market share, 2024 & 2030
Fig. 21 On-shore market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 22 Off-shore market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 23 Near-shore market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 24 Engineering services outsourcing market, by application, key takeaways
Fig. 25 Engineering services outsourcing market, by application, market share, 2024 & 2030
Fig. 26 Aerospace market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 27 Automotive market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 28 Manufacturing market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 29 Consumer electronics market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 30 Semiconductors market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 31 Healthcare market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 32 Telecom market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 33 Energy & utilities market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 34 Construction & infrastructure market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 35 Others market estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 36 Regional marketplace: key takeaways
Fig. 37 North America engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 38 U.S. engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 39 Canada engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 40 Europe engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 41 France engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 42 UK engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 43 Germany engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 44 Italy engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 45 Spain engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 46 Asia Pacific engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 47 Japan engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 48 China engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 49 South Korea engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 50 India engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 51 Latin America engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 52 Brazil engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 53 Mexico engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 54 MEA engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 55 Saudi Arabia engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 56 South Africa engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 57 UAE engineering services outsourcing market estimates & forecast, 2018 - 2030 (USD Million)
Fig. 58 Key company categorization
Fig. 59 Strategy framework
Market Segmentation
Report content
Qualitative Analysis
Quantitative Analysis
Research Methodology
Grand View Research employs comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. In Addition, a recurring theme prevalent across all our research reports is data triangulation that looks market from three different perspectives. Critical elements of methodology employed for all our studies include:
Preliminary data mining
Raw market data is obtained and collated on a broad front. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. For comprehensive understanding of the market, it is essential to understand the complete value chain and in order to facilitate this; we collect data from raw material suppliers, distributors as well as buyers.
Technical issues and trends are obtained from surveys, technical symposia and trade journals. Technical data is also gathered from intellectual property perspective, focusing on white space and freedom of movement. Industry dynamics with respect to drivers, restraints, pricing trends are also gathered. As a result, the material developed contains a wide range of original data that is then further cross-validated and authenticated with published sources.
Statistical model
Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, and industry experience and domain expertise.
Econometric models are generally used for short-term forecasting, while technological market models are used for long-term forecasting. These are based on an amalgamation of technology landscape, regulatory frameworks, economic outlook and business principles. A bottom-up approach to market estimation is preferred, with key regional markets analyzed as separate entities and integration of data to obtain global estimates. This is critical for a deep understanding of the industry as well as ensuring minimal errors. Some of the parameters considered for forecasting include:
• Market drivers and restrains, along with their current and expected impact
• Raw material scenario and supply v/s price trends
• Regulatory scenario and expected developments
• Current capacity and expected capacity additions up to 2030
We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate.
Primary validation
This is the final step in estimating and forecasting for our reports. Exhaustive primary interviews are conducted, on face to face as well as over the phone to validate our findings and assumptions used to obtain them. Interviewees are approached from leading companies across the value chain including suppliers, technology providers, domain experts and buyers so as to ensure a holistic and unbiased picture of the market. These interviews are conducted across the globe, with language barriers overcome with the aid of local staff and interpreters. Primary interviews not only help in data validation, but also provide critical insights into the market, current business scenario and future expectations and enhance the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants (KIPs) which typically include:
• Market leading companies
• Raw material suppliers
• Product distributors
• Buyers
The key objectives of primary research are as follows:
• To validate our data in terms of accuracy and acceptability
• To gain an insight in to the current market and future expectations
Data Collection Matrix
Perspective |
Primary research |
Secondary research |
Supply side |
|
|
Demand side |
|
|
Industry Analysis Matrix
Qualitative analysis |
Quantitative analysis |
|
|
NEED A CUSTOM REPORT?
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities. Contact us now
We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure. For more details, please read our privacy policy.
"The quality of research they have done for us has been excellent."