Construction Engineering Services Outsourcing Market | 2031

Segments - Construction Engineering Services Outsourcing Market by Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

Author : Raksha Sharma

Fact-checked by : Vineet Pandey

Editor : Rucha Phatak

Report Description

The global construction engineering services outsourcing market size was valued at USD 1.62 Trillion in 2022 and is likely to reach USD 11.73 Trillion by 2031, expanding at a CAGR of 24.6% during 2023 – 2031. The growth of the market is attributed to the rise in demand for engineering services outsourcing (ESO) in the field of construction. Furthermore, as the infrastructural development is vital in all business and industries is also boosting the market.

Construction Engineering Services Outsourcing Market Outlook

The construction engineering services outsourcing market has experienced a considerable shift, from obtaining on-site services to focusing on technologically advanced reformation phases, delivery, and designing The pace of adoption of technology in the civil industry is been relatively slower than other industries. Whereas, the constant dedication by the ESPs, to acquire a competitive upper hand over their competitors, has caused the involvement of technologically improved solutions into the services offered. The example of this is the use of 3D visualization techniques and Augmented Reality (AR) to prepare prototypes of the infrastructure that will help to strengthen the drawings as well as appeal an end customer in the imitation of structural changes.

The civil industry is highly diversified, where the service providers are accounted for designing and constructing warehouses, malls, hospitals, housing, laboratories, retail stores, and various other facilities. Additionally, the participants are also responsible for building infrastructure and public utilities such as rails, dams, roads, and sewages. The green construction emphasis on lowering the carbon footprint at manufacturing of any infrastructure, is another factor propelling the construction engineering services outsourcing market.

The widespread service portfolios of the ESPs contains digitally advanced solutions which provides faster project execution at a great level of accuracy. The collaboration of agile technologies such as Big Data, 5G, Artificial Intelligence (AI), Internet of Things (IoT), and connected sensors has given rise to the concept of smart city to level up the ease of living for the urban people. The advanced urban environments are anticipated to put forward the need for civil ESPs to help the end customers with accurate solutions featuring advanced capabilities.

Market Trends, Drivers, Restraints, and Opportunities

The increasing funding in infrastructure manufacturing, by both emerging and developed economies, has boosted the growth of construction engineering services outsourcing market.
The advancement and high usage of digital transformation technologies is propelling the demand for construction engineering services outsourcing during the forecast period.
Government initiatives for the betterment of construction process and reduction in cost and pollution is a key driver for the market.
High preliminary cost for the construction is a major restraint for the market.
The growing environmental concerns along with strict norms applied by regulatory bodies and governments around the globe, for conservation of environment while constructing a new infrastructure are demonstrating huge opportunities for the market to grow in the near future.

Scope of the Report

The report on the global construction engineering services outsourcing market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Construction Engineering Services Outsourcing Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Enventure Engineering LLP; Citec Oy Ab; Bechtel Corporation; and Mott MacDonald

Market Segment Insights

Region is anticipated to constitute a key market share

In terms of regions, the global construction engineering services outsourcing market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.

North America market is anticipated to constitute a major market share. This is attributed to the advanced technology in the region. Presence of highly skilled professionals, favorable government policies, and heavy investments by the market players is propelling the market in the region.

Asia Pacific market is estimated to show significant development in the near future. This is because of the high number of constructional activity in the region. The developing countries such as China and India are the major market propeller in the market. The high population of the region and high number of constructions in the region is boosting the market for significant growth.

Construction Engineering Services Outsourcing Market Region

Segments

The global construction engineering services outsourcing market has been segmented on the basis of

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Enventure Engineering LLP
Citec Oy Ab
Bechtel Corporation
Mott MacDonald

Competitive Landscape

The key players in the global construction engineering services outsourcing market are Enventure Engineering LLP; Citec Oy Ab; Bechtel Corporation; and Mott MacDonald. These key players have adopted a series of market strategies including new product launching, entering into partnership, collaboration, and production expansion to enhance their market position and expand their consumer base.

Construction Engineering Services Outsourcing Market Keyplayers

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Construction Engineering Services Outsourcing Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Construction Engineering Services Outsourcing Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Construction Engineering Services Outsourcing Market - Supply Chain
  4.5. Global Construction Engineering Services Outsourcing Market Forecast
     4.5.1. Construction Engineering Services Outsourcing Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Construction Engineering Services Outsourcing Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Construction Engineering Services Outsourcing Market Absolute $ Opportunity
5. Global Construction Engineering Services Outsourcing Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Construction Engineering Services Outsourcing Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Construction Engineering Services Outsourcing Demand Share Forecast, 2019-2026
6. North America Construction Engineering Services Outsourcing Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Construction Engineering Services Outsourcing Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Construction Engineering Services Outsourcing Demand Share Forecast, 2019-2026
7. Latin America Construction Engineering Services Outsourcing Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Construction Engineering Services Outsourcing Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Construction Engineering Services Outsourcing Demand Share Forecast, 2019-2026
8. Europe Construction Engineering Services Outsourcing Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Construction Engineering Services Outsourcing Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Construction Engineering Services Outsourcing Demand Share Forecast, 2019-2026
9. Asia Pacific Construction Engineering Services Outsourcing Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Construction Engineering Services Outsourcing Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Construction Engineering Services Outsourcing Demand Share Forecast, 2019-2026
10. Middle East & Africa Construction Engineering Services Outsourcing Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Construction Engineering Services Outsourcing Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Construction Engineering Services Outsourcing Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Construction Engineering Services Outsourcing Market: Market Share Analysis
  11.2. Construction Engineering Services Outsourcing Distributors and Customers
  11.3. Construction Engineering Services Outsourcing Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Enventure Engineering LLP
     11.4.2. Citec Oy Ab
     11.4.3. Bechtel Corporation
     11.4.4. Mott MacDonald