Engineering R&D Services Outsourcing Market Analysis

  • Report ID: 5152
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Global Engineering R&D Services Outsourcing Market

  1. An Outline of the Engineering R&D Services Outsourcing Market
    1. Market definition
    2. Market segmentation
  2. Assumptions and Abbreviations
  3. Research Methodology
    1. Research Process
    2. Primary Research
      1. Service Providers
      2. End Users
    3. Secondary Research
    4. Market Size Estimation
  4. Summary of the Report for Key Decision Makers
  5. Forces of the Market Constituents
    1. Factors/drivers impacting the growth of the market
    2. Market trends for better business practices
  6. Key Market Opportunities for Business Growth
    1. Based on the type
    2. Based on the industry vertical
    3. Based on the end user
    4. Based on geographical presence
  7. Major Roadblocks for the Market Growth
  8. Decarbonization Strategy and Carbon Credit Benefits for Market Players
    1. Global Government Decarbonization Plans/Goals by Each Country under 2015 Agreement Agreed by 200 Countries
    2. Measures taken by Countries to Reduce Carbon Footprints
    3. Carbon Credits and Subsidy Plans/Benefits Rolled out by the Government for Market Players
    4. Effective Ways to Harness Carbon-Credits and Impact on Profit Margins
    5. Demand Impact on the Companies Opting for Carbon Credits
  9. Government Regulation
  10. Technology Transition and Adoption Analysis
  11. Industry Risk Analysis
  12. Global Economic Outlook: Challenges for Global Recovery and its Impact on Global Engineering R&D Services Outsourcing Market
    1. Ukraine-Russia crisis
    2. Potential US economic slowdown
  13. Impact of COVID-19 on Global Engineering R&D Services Outsourcing Market
  14. Industry Value Chain Analysis
  15. Regional Demand Analysis
  16. End-Use Industry Analysis
  17. Competitive Positioning: Strategies to differentiate a company from its competitors
  18. Competitive Model: A Detailed Inside View for Investors
    1. Market share of major companies profiled, 2022
    2. Business Profiles of Key Enterprises
      1. Capgemini Engineering
      2. ALTEN Group
      3. HCL Technologies Limited
      4. Siemens
      5. SOLIZE Corporation
      6. Bertrandt AG
      7. Tech Mahindra Limited
      8. EDAG Engineering Group AG.
      9. Wipro Ltd.
      10. Infosys Limited
      11. Tata Consultancy Services Ltd.
      12. L&T Technology Services Limited
  19. Global Engineering R&D Services Outsourcing Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Overview
    2. Market Revenue by Value (USD billion) and Compound Annual Growth Rate (CAGR)
      1. By Type
        1. Onshore, Market Value (USD billion), CAGR, 2023-2036F
        2. Offshore, Market Value (USD billion), CAGR, 2023-2036F
      2. By Industrial Vertical
        1. Telecommunication, Market Value (USD billion), CAGR, 2023-2036F
        2. Automotive, Market Value (USD billion), CAGR, 2022-2023-2036F
        3. Aerospace, Market Value (USD billion), CAGR, 2023-2036F
        4. Consumer Electronics, Market Value (USD billion), CAGR, 2023-2036F
        5. Pharmaceutical, Market Value (USD billion), CAGR, 2023-2036F
        6. Construction, Market Value (USD billion), CAGR, 2023-2036F
        7. Semiconductors, Market Value (USD billion), CAGR, 2023-2036F
        8. Computing System, Market Value (USD billion), CAGR, 2023-2036F
        9. Others, Market Value (USD billion), CAGR, 2023-2036F
      3. By Geography
        1. Market Revenue by Value (USD billion) and Compound Annual Growth Rate (CAGR)
          1. North America, Market Value (USD billion), CAGR, 2023-2036F
          2. Europe, Market Value (USD billion), CAGR, 2023-2036F
          3. Asia Pacific, Market Value (USD billion), CAGR, 2023-2036F
          4. Latin America, Market Value (USD billion), CAGR, 2023-2036F
          5. Middle East and Africa, Market Value (USD billion), CAGR, 2023-2036F
  20. North America Engineering R&D Services Outsourcing Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Overview
    2. Market Revenue by Value (USD billion) and Compound Annual Growth Rate (CAGR)
      1. By Type
        1. Onshore, Market Value (USD billion), CAGR, 2023-2036F
        2. Offshore, Market Value (USD billion), CAGR, 2023-2036F
      2. By Industrial Vertical
        1. Telecommunication, Market Value (USD billion), CAGR, 2023-2036F
        2. Automotive, Market Value (USD billion), CAGR, 2023-2036F
        3. Aerospace, Market Value (USD billion), CAGR, 2023-2036F
        4. Consumer Electronics, Market Value (USD billion), CAGR, 2023-2036F
        5. Pharmaceutical, Market Value (USD billion), CAGR, 2023-2036F
        6. Construction, Market Value (USD billion), CAGR, 2023-2036F
        7. Semiconductors, Market Value (USD billion), CAGR, 2023-2036F
        8. Computing System, Market Value (USD billion), CAGR, 2023-2036F
        9. Others, Market Value (USD billion), CAGR, 2023-2036F
      3. By Country
        1. US, Market Value (USD billion), CAGR, 2023-2036F
        2. Canada, Market Value (USD billion), CAGR, 2023-2036F
  21. Europe Engineering R&D Services Outsourcing Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Overview
    2. Market Revenue by Value (USD billion) and Compound Annual Growth Rate (CAGR)
      1. By Type
        1. Onshore, Market Value (USD billion), CAGR, 2023-2036F
        2. Offshore, Market Value (USD billion), CAGR, 2023-2036F
      2. By Industrial Vertical
        1. Telecommunication, Market Value (USD billion), CAGR, 2023-2036F
        2. Automotive, Market Value (USD billion), CAGR, 2023-2036F
        3. Aerospace, Market Value (USD billion), CAGR, 2023-2036F
        4. Consumer Electronics, Market Value (USD billion), CAGR, 2023-2036F
        5. Pharmaceutical, Market Value (USD billion), CAGR, 2023-2036F
        6. Construction, Market Value (USD billion), CAGR, 2023-2036F
        7. Semiconductors, Market Value (USD billion), CAGR, 2023-2036F
        8. Computing System, Market Value (USD billion), CAGR, 2023-2036F
        9. Others, Market Value (USD billion), CAGR, 2023-2036F
      3. By Country
        1. Germany, Market Value (USD billion), CAGR, 2023-2036F
        2. France, Market Value (USD billion), CAGR, 2023-2036F
        3. UK, Market Value (USD billion), CAGR, 2023-2036F
        4. Italy, Market Value (USD billion), CAGR, 2023-2036F
        5. Spain, Market Value (USD billion), CAGR, 2023-2036F
        6. Netherlands, Market Value (USD billion), CAGR, 2023-2036F
        7. Russia, Market Value (USD billion), CAGR, 2023-2036F
        8. Rest of Europe, Market Value (USD billion), CAGR, 2023-2036F

 

  1. Asia Pacific Engineering R&D Services Outsourcing Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Overview
    2. Market Revenue by Value (USD billion) and Compound Annual Growth Rate (CAGR)
      1. By Type
        1. Onshore, Market Value (USD billion), CAGR, 2023-2036F
        2. Offshore, Market Value (USD billion), CAGR, 2023-2036F
      2. By Industrial Vertical
        1. Telecommunication, Market Value (USD billion), CAGR, 2023-2036F
        2. Automotive, Market Value (USD billion), CAGR, 2023-2036F
        3. Aerospace, Market Value (USD billion), CAGR, 2023-2036F
        4. Consumer Electronics, Market Value (USD billion), CAGR, 2023-2036F
        5. Pharmaceutical, Market Value (USD billion), CAGR, 2023-2036F
        6. Construction, Market Value (USD billion), CAGR, 2023-2036F
        7. Semiconductors, Market Value (USD billion), CAGR, 2023-2036F
        8. Computing System, Market Value (USD billion), CAGR, 2023-2036F
        9. Others, Market Value (USD billion), CAGR, 2023-2036F
      3. By Country
        1. China, Market Value (USD billion), CAGR, 2023-2036F
        2. Japan, Market Value (USD billion), CAGR, 2023-2036F
        3. India, Market Value (USD billion), CAGR, 2023-2036F
        4. South Korea, Market Value (USD billion), CAGR, 2023-2036F
        5. Australia, Market Value (USD billion), CAGR, 2023-2036F
        6. Singapore, Market Value (USD billion), CAGR, 2023-2036F
        7. Rest of Asia Pacific, Market Value (USD billion), CAGR, 2023-2036F
  2. Latin America Engineering R&D Services Outsourcing Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Overview
    2. Market Revenue by Value (USD billion) and Compound Annual Growth Rate (CAGR)
      1. By Type
        1. Onshore, Market Value (USD billion), CAGR, 2023-2036F
        2. Offshore, Market Value (USD billion), CAGR, 2023-2036F
      2. By Industrial Vertical
        1. Telecommunication, Market Value (USD billion), CAGR, 2023-2036F
        2. Automotive, Market Value (USD billion), CAGR, 2023-2036F
        3. Aerospace, Market Value (USD billion), CAGR, 2023-2036F
        4. Consumer Electronics, Market Value (USD billion), CAGR, 2023-2036F
        5. Pharmaceutical, Market Value (USD billion), CAGR, 2023-2036F
        6. Construction, Market Value (USD billion), CAGR, 2023-2036F
        7. Semiconductors, Market Value (USD billion), CAGR, 2023-2036F
        8. Computing System, Market Value (USD billion), CAGR, 2023-2036F
        9. Others, Market Value (USD billion), CAGR, 2023-2036F
      3. By Country
        1. Brazil, Market Value (USD billion), CAGR, 2023-2036F
        2. Argentina, Market Value (USD billion), CAGR, 2023-2036F
        3. Mexico, Market Value (USD billion), CAGR, 2023-2036F
        4. Rest of Latin America, Market Value (USD billion), CAGR, 2023-2036F
  3. Middle East and Africa Engineering R&D Services Outsourcing Outlook & Projections, Opportunity Assessment, 2023 to 2036
    1. Market Overview
    2. Market Revenue by Value (USD billion) and Compound Annual Growth Rate (CAGR)
      1. By Type
        1. Onshore, Market Value (USD billion), CAGR, 2023-2036F
        2. Offshore, Market Value (USD billion), CAGR, 2023-2036F
      2. By Industrial Vertical
        1. Telecommunication, Market Value (USD billion), CAGR, 2023-2036F
        2. Automotive, Market Value (USD billion), CAGR, 2023-2036F
        3. Aerospace, Market Value (USD billion), CAGR, 2023-2036F
        4. Consumer Electronics, Market Value (USD billion), CAGR, 2023-2036F
        5. Pharmaceutical, Market Value (USD billion), CAGR, 2023-2036F
        6. Construction, Market Value (USD billion), CAGR, 2023-2036F
        7. Semiconductors, Market Value (USD billion), CAGR, 2023-2036F
        8. Computing System, Market Value (USD billion), CAGR, 2023-2036F
        9. Others, Market Value (USD billion), CAGR, 2023-2036F
      3. By Country
        1. GCC, Market Value (USD billion), CAGR, 2023-2036F
        2. Israel, Market Value (USD billion), CAGR, 2023-2036F
        3. South Africa, Market Value (USD billion), CAGR, 2023-2036F
        4. Rest of the Middle East and Africa, Market Value (USD billion), CAGR, 2023-2036F

 

Engineering R&D Services Outsourcing Market Analysis

Type (Onshore, Offshore)

The off-shore segment share in the engineering R&D services outsourcing market is estimated to surpass 55% by 2037. Advantages of offshore engineering R&D services, such as accessibility to cheap and talented professionals from several developing nations worldwide and a large pool of service experts, are expected to benefit the growth of offshore engineering R&D services. This type of outsourcing saves considerable time in training individuals and increases overall productivity.

Industry Verticals (Telecommunications, Automotive, Aerospace, Consumer Electronics, Pharmaceuticals, Construction, Semiconductor, Computing Systems)

Engineering R&D services outsourcing market from the automotive segment is expected to garner a significant revenue share of 28% in the year 2037. This can be ascribed to the rising demand for motor vehicles, the expanding desire for industrial robots in the industry of automobiles, and manufacturers' increased emphasis on implementing automation into their production and manufacturing processes as part of their business plan for growth. Engineering services outsourcing in the automotive industry assists in increasing efficiency and reducing overall labor costs and time. As a result, these services are widely employed in commercial, passenger, electric, and hybrid vehicles (EVs/HVs).

Our in-depth analysis of the global market includes the following segments:

   Type

  • Onshore
  • Offshore

    Industry Vertical

  • Telecommunication
  • Automotive
  • Aerospace
  • Consumer Electronics
  • Pharmaceutical
  • Construction
  • Semiconductor
  • Computing Systems
  • Others
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Browse Key Market Insights with Data Illustration:


Author Credits:  Shweta Patidar


  • Report ID: 5152
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of engineering R&D services outsourcing is evaluated at USD 407.53 billion.

The engineering R&D services outsourcing market size was valued at USD 314.46 billion in 2024 and is set to exceed USD 2.5 trillion by 2037, expanding at over 17.3% CAGR during the forecast period i.e., between 2025-2037. Growing demand for product solutions that incorporate the most advanced technologies, coupled with dynamically increasing spending on R&D developments throughout the world will boost the market growth.

Asia Pacific industry is predicted to dominate majority revenue share of 47% by 2037, due to strong presence of engineering R&D services providers in the region.

The major players in the market are Capgemini Engineering, ALTEN Group, HCL Technologies Limited, Siemens, SOLIZE Corporation, Bertrandt AG, Tech Mahindra Limited, EDAG Engineering Group AG., Wipro Ltd., Infosys Limited, Tata Consultancy Services Ltd., L&T Technology Services Limited
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