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Engineering Services Outsourcing Market

Engineering Services Outsourcing Market

Engineering Services Outsourcing Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

210

Base Year:

2022

Date

Nov - 2023

Format:

PDF XLS PPT

Report Code:

VMR-2329

Segments Covered
  • By Service By Service Designing, Prototyping, System Integration, Testing, Other Services
  • By Location By Location On-shore, Off-shore
  • By Application By Application Aerospace, Automotive, Industrial, Consumer Electronics, Semiconductors, Healthcare, Telecom, Other Applications
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 1571.9 Billion
Revenue 2030Revenue 2030: USD 7971 Billion
Revenue CAGRRevenue CAGR (2023 - 2030): 22.5%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
  1. Executive Dashboard
    1. Strategic Imperatives
  2. Premium Insights
    1. Top 3 Trends to Watch
    2. Demand and Supply Trends
    3. Top 3 Strategies Followed by Major Players
    4. Top 3 Predictions by Vantage Market Research
    5. Top Investment Pockets
    6. Insights from Primary Respondents
  3. Global Engineering Services Outsourcing Market - Segment Analysis
    1. Overview
    2. Global Engineering Services Outsourcing Market, 2016 - 2028 (USD Million)
    3. Global Engineering Services Outsourcing Market - by Service
      1. By Designing
      2. By Prototyping
      3. By System Integration
      4. By Testing
      5. By Other Services
    4. Global Engineering Services Outsourcing Market - by Location
      1. By On-shore
      2. By Off-shore
    5. Global Engineering Services Outsourcing Market - by Application
      1. By Aerospace
      2. By Automotive
      3. By Industrial
      4. By Consumer Electronics
      5. By Semiconductors
      6. By Healthcare
      7. By Telecom
      8. By Other Applications
    6. Global Engineering Services Outsourcing Market - by region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
    7. Market comparative analysis
  4. North America Engineering Services Outsourcing Market - Segment Analysis
    1. Overview
    2. North America Engineering Services Outsourcing Market, 2016 - 2028 (USD Million)
    3. North America Engineering Services Outsourcing Market, by Service
      1. By Designing
      2. By Prototyping
      3. By System Integration
      4. By Testing
      5. By Other Services
    4. North America Engineering Services Outsourcing Market, by Location
      1. By On-shore
      2. By Off-shore
    5. North America Engineering Services Outsourcing Market, by Application
      1. By Aerospace
      2. By Automotive
      3. By Industrial
      4. By Consumer Electronics
      5. By Semiconductors
      6. By Healthcare
      7. By Telecom
      8. By Other Applications
    6. North America Engineering Services Outsourcing Market, by Country
      1. U.S.
        1. U.S. Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. U.S. Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. U.S. Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
      2. Canada
        1. Canada Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. Canada Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. Canada Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
      3. Mexico
        1. Mexico Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. Mexico Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. Mexico Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
  5. Europe Engineering Services Outsourcing Market - Segment Analysis
    1. Overview
    2. Europe Engineering Services Outsourcing Market, 2016 - 2028 (USD Million)
    3. Europe Engineering Services Outsourcing Market, by Service
      1. By Designing
      2. By Prototyping
      3. By System Integration
      4. By Testing
      5. By Other Services
    4. Europe Engineering Services Outsourcing Market, by Location
      1. By On-shore
      2. By Off-shore
    5. Europe Engineering Services Outsourcing Market, by Application
      1. By Aerospace
      2. By Automotive
      3. By Industrial
      4. By Consumer Electronics
      5. By Semiconductors
      6. By Healthcare
      7. By Telecom
      8. By Other Applications
    6. Europe Engineering Services Outsourcing Market, by Country
      1. Germany
        1. Germany Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. Germany Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. Germany Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
      2. UK
        1. UK Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. UK Market, By Location
          1. By On-shore
          2. By Off-shore
        3. UK Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
      3. France
        1. France Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. France Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. France Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
      4. Spain
        1. Spain Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. Spain Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. Spain Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
      5. Italy
        1. Italy Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. Italy Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. Italy Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
      6. BENELUX
        1. BENELUX Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. BENELUX Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. BENELUX Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
      7. Rest of Europe
        1. Rest Of Europe Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. Rest Of Europe Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. Rest Of Europe Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
  6. Asia Pacific Engineering Services Outsourcing Market - Segment Analysis
    1. Overview
    2. Asia Pacific Engineering Services Outsourcing Market, 2016 - 2028 (USD Million)
    3. Asia Pacific Engineering Services Outsourcing Market, by Service
      1. By Designing
      2. By Prototyping
      3. By System Integration
      4. By Testing
      5. By Other Services
    4. Asia Pacific Engineering Services Outsourcing Market, by Location
      1. By On-shore
      2. By Off-shore
    5. Asia Pacific Engineering Services Outsourcing Market, by Application
      1. By Aerospace
      2. By Automotive
      3. By Industrial
      4. By Consumer Electronics
      5. By Semiconductors
      6. By Healthcare
      7. By Telecom
      8. By Other Applications
    6. Asia Pacific Engineering Services Outsourcing Market, by Country
      1. China
        1. China Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. China Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. China Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
      2. Japan
        1. Japan Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. Japan Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. Japan Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
      3. India
        1. India Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. India Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. India Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
      4. South Korea
        1. South Korea Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. South Korea Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. South Korea Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
      5. South East Asia
        1. South East Asia Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. South East Asia Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. South East Asia Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
      6. Rest of Asia Pacific
        1. Rest of Asia Pacific Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. Rest of Asia Pacific Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. Rest of Asia Pacific Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
  7. Latin America Engineering Services Outsourcing Market - Segment Analysis
    1. Overview
    2. Latin America Engineering Services Outsourcing Market, 2016 - 2028 (USD Million)
    3. Latin America Engineering Services Outsourcing Market, by Service
      1. By Designing
      2. By Prototyping
      3. By System Integration
      4. By Testing
      5. By Other Services
    4. Latin America Engineering Services Outsourcing Market, by Location
      1. By On-shore
      2. By Off-shore
    5. Latin America Engineering Services Outsourcing Market, by Application
      1. By Aerospace
      2. By Automotive
      3. By Industrial
      4. By Consumer Electronics
      5. By Semiconductors
      6. By Healthcare
      7. By Telecom
      8. By Other Applications
    6. Latin America Engineering Services Outsourcing Market, by Country
      1. Brazil
        1. Brazil Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. Brazil Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. Brazil Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
      2. Argentina
        1. Argentina Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. Argentina Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. Argentina Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
      3. Rest of Latin America
        1. Rest of Latin America Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. Rest of Latin America Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. Rest of Latin America Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
  8. Middle East & Africa Engineering Services Outsourcing Market - Segment Analysis
    1. Overview
    2. Middle East & Africa Engineering Services Outsourcing Market, 2016 - 2028 (USD Million)
    3. Middle East & Africa Engineering Services Outsourcing Market, by Service
      1. By Designing
      2. By Prototyping
      3. By System Integration
      4. By Testing
      5. By Other Services
    4. Middle East & Africa Engineering Services Outsourcing Market, by Location
      1. By On-shore
      2. By Off-shore
    5. Middle East & Africa Engineering Services Outsourcing Market, by Application
      1. By Aerospace
      2. By Automotive
      3. By Industrial
      4. By Consumer Electronics
      5. By Semiconductors
      6. By Healthcare
      7. By Telecom
      8. By Other Applications
    6. Middle East & Africa Engineering Services Outsourcing Market, by Country
      1. GCC Countries
        1. GCC Countries Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. GCC Countries Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. GCC Countries Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
      2. South Africa
        1. South Africa Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. South Africa Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. South Africa Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
      3. Rest of Middle East & Africa
        1. Rest of Middle East & Africa Engineering Services Outsourcing Market, By Service
          1. By Designing
          2. By Prototyping
          3. By System Integration
          4. By Testing
          5. By Other Services
        2. Rest of Middle East & Africa Engineering Services Outsourcing Market, By Location
          1. By On-shore
          2. By Off-shore
        3. Rest of Middle East & Africa Engineering Services Outsourcing Market, By Application
          1. By Aerospace
          2. By Automotive
          3. By Industrial
          4. By Consumer Electronics
          5. By Semiconductors
          6. By Healthcare
          7. By Telecom
          8. By Other Applications
  9. Key Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Porter's Five Forces Analysis
    6. PEST Analysis
    7. Regulatory Landscape
    8. Technology Landscape
    9. Regional Market Trends
  10. COVID 19 Impact Analysis
    1. Key strategies undertaken by companies to tackle COVID-19
    2. Short term dynamics
    3. Long term dynamics
  11. Marketing Stratagy Analysis
    1. Marketing Channel
    2. Direct Marketing
    3. Indirect Marketing
    4. Marketing Channel Development Trends
  12. Competative Landscape
    1. Competition Matrix - 2021
    2. Company Market Share Analysis - 2021
    3. Key Company Activities, 2018 - 2021
    4. Strategic Developments - Heat Map Analysis
    5. Company Offering Evaluation
    6. Company Regional Presence Evaluation
  13. Company Profiles
    1. AKKA Technologies (Belgium)
    2. Alten Group (France)
    3. Capgemini Engineering (France)
    4. Entelect Engineering (South Africa)
    5. HCL Technologies Limited (India)
    6. Infosys Limited (India)
    7. Tata Elxsi (India)
    8. Tata Consultancy Services Limited (India)
    9. Tech Mahindra Limited (India)
    10. Wipro Limited (India)
  14. Key Primary Respondents - VERBATIM
  15. Discussion Guide
  16. Customization Offered
  17. Annexure
  18. List of Figures
  19. List of Tables
  20. List of Abbreviations
FAQ
Frequently Asked Question
  • The global Engineering Services Outsourcing valued at USD 1571.9 Billion in 2022 and is expected to reach USD 7971 Billion in 2030 growing at a CAGR of 22.5%.

  • The prominent players in the market are AKKA Technologies (Belgium), Alten Group (France), Capgemini Engineering (France), Entelect Engineering (South Africa), HCL Technologies Limited (India), Infosys Limited (India), Tata Elxsi (India), Tata Consultancy Services Limited (India), Tech Mahindra Limited (India), Wipro Limited (India).

  • The market is project to grow at a CAGR of 22.5% between 2023 and 2030.

  • The driving factors of the Engineering Services Outsourcing include

    • Integration of Smart Manufacturing Systems, Robotics, and AI-based Solutions by Original Equipment Manufacturers (OEMs)

  • Asia Pacific was the leading regional segment of the Engineering Services Outsourcing in 2022.