Engineering Services Market Size Worth USD 6,779.70 Million by 2034 | CAGR: 6.7%

The engineering service market size is expected to reach USD 6,779.70 million by 2034, according to a new study by Polaris Market Research. The report “Engineering Services Market Size, Share, Trends, Industry Analysis Report: By Engineering Services Type (Testing, Designing, Prototyping, System Integration), Application, Discipline, End Use, and Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Growing demand for customization and complex requirements from the end-use industry is driving the growth of the engineering service market. Industries such as aerospace, automotive, and healthcare have specific, complex requirements for their products, requiring highly customized engineering solutions. This need for tailored designs, parts, and systems drives the demand for specialized engineering services. Engineering service providers offer expertise in creating unique solutions that meet the exact needs of these industries. Additionally, companies are demanding more innovation and precision, due to which engineering services become essential in developing products that meet industry standards while maintaining quality. This demand for customized solutions is driving the engineering services market growth.

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Growing environmental concerns are driving a stronger focus on sustainability and green engineering practices. Businesses across industries are adopting energy-efficient technologies and renewable energy solutions to minimize their environmental impact. Engineering services are crucial in helping companies achieve these goals by offering expertise in eco-friendly designs and systems, such as energy-efficient buildings and sustainable products. The growing demand for sustainable solutions in engineering projects is fueling the engineering service market growth.

Engineering Services Market Report Highlights

• The consulting services dominate the engineering services market in 2024 due to specialized expertise, cost-effectiveness, and efficient project management using advanced technologies.
• The environmental projects are expected to experience significant growth in the global market during the forecast period, driven by increasing global concerns and stringent regulations centered on environmental sustainability.
• In 2024, Asia Pacific dominated the market, driven by the region’s rapid economic expansion and  extensive investments in infrastructure development across various sectors
• North America is experiencing fastest CAGR in the engineering service market. This growth is driven by the region's focus on infrastructure modernization, technological innovation, and an increasing emphasis on sustainability
• The key market players are AKKA, Alten Group, Capgemini Engineering, Infosys Limited, Tata Elxsi, Tata Consultancy Services Limited, Wipro Limited, Entelect, HCL Technologies Limited, and Tech Mahindra Limited,

Polaris Market Research has segmented the engineering service market report based on type , discipline, end use, application, and region:

By Engineering Service Type Outlook (Revenue – USD Million, 2020–2034)

• Design and Development
• Consulting
• Construction and Project Management
• Maintenance and Support
• Specialized Engineering Services
• Technology Integration

By Discipline Outlook (Revenue – USD Million, 2020–2034)

• Civil
• Mechanical
• Electrical
• Piping and Structural

By End-Use Outlook (Revenue – USD Million, 2020–2034)

• Construction
• Manufacturing
• Energy and Utilities
• Transportation
• Healthcare
• Telecommunications
• Others

By Application Outlook (Revenue – USD Million, 2020–2034)

• Infrastructure Development
• Industrial Projects
• Technology Implementation
• Environmental Projects
• Others

By Regional Outlook (Revenue – USD Million, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
  • Vietnam
  • Rest of Asia Pacific
• Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
  • Rest of the Middle East & South Africa

Engineering Services Report Scope