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Report Overview

The global engineering services market size reached USD 1224.80 Billion in 2025. The market is projected to grow at a CAGR of 4.80% between 2026 and 2035, reaching almost USD 1957.39 Billion by 2035.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

  • In the coming years, 90%+ companies are expected to switch towards digital technologies for product and process engineering.

  • Rising demand for automation-related services from the aerospace and defence sector is one of the key market trends.

  • Off-shore delivery model of engineering services is expected to constitute a major portion of the market share.

Compound Annual Growth Rate

4.8%

Value in USD Billion

2026-2035


*this image is indicative*

Global Engineering Services Market Report Summary Description Value
Base Year USD Billion 2025
Historical Period USD Billion 2019-2025
Forecast Period USD Billion 2026-2035
Market Size 2025 USD Billion 1224.80
Market Size 2035 USD Billion 1957.39
CAGR 2019-2025 Percentage XX%
CAGR 2026-2035 Percentage 4.80%
CAGR 2026-2035 - Market by Region Asia Pacific 6.2%
CAGR 2026-2035 - Market by Country India 7.1%
CAGR 2026-2035 - Market by Country Brazil 5.2%
CAGR 2026-2035 - Market by Services Automated Related Services 5.3%
CAGR 2026-2035 - Market by Delivery Model On-Shore 5.4%
Market Share by Country 2025 Australia 1.2%

With increasing investments in digital technologies by companies to boost their product and processes, the demand for digital engineering services has risen tremendously in recent years. Digital engineering services enable companies to improve their product quality, reduce costs, improve accuracy, and better efficiency of operations, which contributes towards an increase in profit margins.

The offshore delivery of models of engineering services is garnering widespread appeal among corporates and businesses. Offshoring engineering services results in significant cost savings and enables round-the-clock assessment of projects, which drives productivity and efficiency. Moreover, it allows companies to focus on their core competencies while ensuring diversification of risk by operating in multiple locations. This is expected to drive the global engineering services market expansion and innovation in the coming years.

The aerospace and defence sector is expected to emerge as a leading end user of engineering services. This is because of the growing usage of automation-related services for manufacturing aircraft parts and military equipment. The high attention towards the design, strength, and quality of each component is driving the adoption of automated services in the sector, thereby propelling the global engineering services market growth.

Market Segmentation

Global Engineering Services Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:

Market Breakup by Services

  • Product Engineering
  • Process Engineering
  • Automation Related Services
  • Asset Management Related Services

Market Breakup by Delivery Model

  • Off-shore
  • On-shore

Market Breakup by Industry Vertical

  • Aerospace and Defence
  • Automotive
  • Chemical and Petrochemical
  • Utilities
  • Mining
  • Oil and Gas
  • Healthcare
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
CAGR 2026-2035 - Market by Country
India 7.1%
Brazil 5.2%
UK 4.4%
USA 3.9%
Japan 3.7%
Canada XX%
Germany XX%
France 3.4%
China XX%
Australia XX%
Saudi Arabia XX%
Mexico XX%
Italy 3.0%

Competitive Landscape

The engineering services market key players are:

  • STRABAG SE
  • AECOM
  • HCL Technologies Ltd.
  • IBM Corporation
  • Capgemini SE
  • Infosys Limited
  • NV5 Global, Inc.
  • Bechtel Corporation
  • Jones Lang LaSalle IP, Inc.
  • Kiewit Corporation
  • Others

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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market was valued at nearly USD 1224.80 Billion in 2025.

The market is projected to grow at a CAGR of 4.80% between 2026 and 2035.

The market is assesses to witness a healthy growth in the forecast period to reach around USD 1957.39 Billion in 2035.

The major delivery models of engineering services include off-shore and on-shore.

The different services considered in the market report are product engineering, process engineering, automation related services, and asset management related services.

The major industry verticals sing engineering services include aerospace and defence, automotive, chemical and petrochemical, utilities, mining, oil and gas, and healthcare, among others.

The major regions considered in the market report include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The key market players are STRABAG SE, AECOM, HCL Technologies Ltd., IBM Corporation, Capgemini SE, Infosys Limited, NV5 Global, Inc., Bechtel Corporation, Jones Lang LaSalle IP, Inc., and Kiewit Corporation, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Services
  • Delivery Model
  • Industry Vertical
  • Region
Breakup by Services
  • Product Engineering
  • Process Engineering
  • Automation Related Services
  • Asset Management Related Services
Breakup by Delivery Model
  • Off-shore
  • On-shore
Breakup by Industry Vertical
  • Aerospace and Defence
  • Automotive
  • Chemical and Petrochemical
  • Utilities
  • Mining
  • Oil and Gas
  • Healthcare
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • STRABAG SE
  • AECOM
  • HCL Technologies Ltd.
  • IBM Corporation
  • Capgemini SE
  • Infosys Limited
  • NV5 Global, Inc.
  • Bechtel Corporation
  • Jones Lang LaSalle IP, Inc.
  • Kiewit Corporation
  • Others

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