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Engineering Services Outsourcing Market

<br>The major factors which are driving this market is the access to low cost highly skilled resources which can work towards complex tasks of not only designing and testing but also on validation, simulation and execution. Companies are moving from business process outsourcing to knowledge process outsourcing and major industry verticals such as automotive, consumer electronics, semiconductors, aerospace and telecom are providing huge opportunities to the consulting companies.

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Engineering Services Outsourcing Market

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  1. Engineering Services Outsourcing Market Market Size Worth USD 1.82 Trillion By 2026 | CAGR:21%

  2. Engineering Services Outsourcing Market Size Worth USD 1.82 Trillion By 2026 “According to Polaris Market Research report, Engineering Services Outsourcing is one of the rapidly evolving industry and the global Engineering Services Outsourcing Market is estimated to reach USD 1.82 Trillion By 2026 registering a healthy CAGR of 21% over the forecast period 2019 to 2026” The global Engineering Services Outsourcing Market is driven by certain key factors such as technological innovation in the Engineering Services Outsourcing industry, favorable regulatory scenario encouraging market players to develop new products, and efforts by manufacturers to boost the adoption of their offerings. Additionally, industry players are working on business expansion to target untapped markets and managing to deliver their products & services worldwide to augment their revenues. Engineering Services Outsourcing Market Report Scope: The research report covers the segmentation of the Engineering Services Outsourcing Market based on Location Outlook, By Application Outlook, and region. Analysis of each of the segments projects the snapshot of the market over the forecast years includes the inclination of the market revenue, prevailing patterns, and emerging trends. Increasing consumer awareness regarding products coupled with a rise in disposable income is projected to propel the growth of theEngineering Services Outsourcing Marketover the forecast period. - 2 -

  3. Engineering Services Outsourcing Market Size Worth USD 1.82 Trillion By 2026 By Location Outlook By Application Type By Region •Onshore •Automotive, •North America (U.S., Canada) •Offshore •Energy •Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria) •Network & Communications, •Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea) •Industrial Automation, •Latin America (Brazil, Mexico, Argentina) •Medical Technology, •Industrial Electronics and Automated Embedded Engineering Services, •Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa) •Consumer Electronics, Browse Detailed Research Report On Engineering Services Outsourcing Market Analysis: https://www.polarismarketresearch.com/industry-analysis/engineering-services-outsourcing- market Regional Outlook North America is anticipated to witness a significant growth rate with major revenue contribution in the Engineering Services Outsourcing Market during the forecast period. Major factors influencing the regional market growth include improved infrastructural facilities, positive government initiatives, and the presence of established market players. The Engineering Services Outsourcing Market in the Asia Pacific region is projected to grow at a substantial rate over the forecast period. The regional growth is attributed to increasing investments by leading companies to bring innovation inEngineering Services Outsourcing industry and attract a large consumer base from leading economies such as India and China. Gain access to our latest research report that includes a detailed analysis of the COVID-19 pandemic influencing the Engineering Services Outsourcing Market and how market players devising effective strategies to mitigate the effect of the pandemic: - 3 -

  4. Engineering Services Outsourcing Market Size Worth USD 1.82 Trillion By 2026 https://www.polarismarketresearch.com/industry-analysis/engineering-services- outsourcing-market/speak-to-analyst Competitive Landscape According to Polaris Market Research, the key players with a considerable market share in the Engineering Services Outsourcing Market include (HCL Technologies Limited, IAV GmbH, P+Z Engineering GmbH, Tata Consulting Services Limited, Wipro Limited, EDAG Engineering GmbH, ASAP Holdings GmbH, FEV Group, Cybage software, Kistler Instruments AG, Infosys Ltd, among others.).Companies are focusing on R&D activities and strategic collaborations to improve their product portfolio and increase consumer base. Adoption of the latest technologies and product advancement is the key strategy adopted by leading market players. Request for sample: https://www.polarismarketresearch.com/industry-analysis/engineering- services-outsourcing-market/request-for-sample Table of Contents 1. Overview and Scope 1.1. Research Methodology 1.2. Research Scope and Assumptions 1.3. List of Data Sources 2. Executive Summary 3. Market Snapshot 4. Engineering services outsourcing Industry Outlook 4.1. Outsourcing Classification 4.2. ESO Value Chain Analysis 4.3. ESO Services Evolution 4.4. ESO market dynamics 4.4.1. Engineering services outsourcing – Market Forces 4.4.1.1. Engineering services outsourcing Market driver analysis 4.4.1.2. Engineering services outsourcing Market restraint/challenges analysis 4.4.2. Industry analysis - Porter's five force 4.4.2.1. 4.4.2.1.1. Bargaining power of supplier 4.4.2.1.2. Bargaining power of buyer 4.4.2.1.3. Threat of substitute 4.4.2.1.4. Threat of new entrant 4.4.2.1.5. Degree of competition 4.4.3. Engineering services outsourcing market PEST analysis, 2018 5. Engineering services outsourcing Market: Automotive Application Estimates & Trend Analysis, 2019-2026 5.1. Changing Role & Participation of Automotive ESO Providers 5.1.1. Autonomous driving 5.1.2. Connected cars 5.1.3. Lightweight construction - 4 -

  5. Engineering Services Outsourcing Market Size Worth USD 1.82 Trillion By 2026 5.1.4. Electric mobility 5.2. Automotive ESO Market 5.2.1. Designing 5.2.2. Prototyping 5.2.3. System Integration 5.2.4. Testing 6. Engineering services outsourcing Market: Energy Application Estimates & Trend Analysis, 2019-2026 6.1. Energy ESO market- Evolution, current scenario, and prospects 6.2. Energy ESO market 6.2.1. R&D and Designing 6.2.2. Set-up (Structuring and Layout) 6.2.3. Implementation 7. Engineering services outsourcing Market: Medical Technology Application Estimates & Trend Analysis, 2019-2026 7.1. Medical Technology ESO market- Evolution, current scenario, and prospects 7.2. Medical Application ESO Market 7.2.1. Product Lifecycle Management 7.2.2. Remote Monitoring and Diagnostics 7.2.3. Unique Device Identification 8. Engineering services outsourcing Market: Industrial Electronics and Automated Embedded Engineering Services Estimates & Trend Analysis, 2019-2026 8.1. Industrial Electronics and Automated Embedded Engineering Services ESO market- Current scenario, and prospects 8.2. Industrial Electronics and Automated Embedded Engineering Services ESO Market 8.2.1. Product Engineering Designing 8.2.2. Development of Prototypes 8.2.3. Production Support 9. Engineering services outsourcing Market: Industrial Automation Application Estimates & Trend Analysis, 2019-2026 9.1. Industrial Automation ESO market - Current Scenario, and Prospects 9.2. Industrial Automation ESO Market 9.2.1. Product Development 9.2.2. Process Automation 9.2.3. Factory Automation 9.2.4. Supply Chain Management 10. Engineering services outsourcing Market: Network & Communications Application Estimates & Trend Analysis, 2019-2026 10.1. Network and Communications ESO market - Evolution, current scenario, and prospects 10.2. Network and Communications - ESO Market 10.2.1. Network Design Services 10.2.2. GIS Integration & Geospatial Data Analysis 10.2.3. Network Inventory Management 11. Engineering services outsourcing Market: Aerospace, Consumer Electronics, Semiconductor & Construction Application Estimates & Trend Analysis, 2019-2026 11.1. Key Findings 11.2. Aerospace 11.3. Construction 11.4. Consumer Electronics 11.5. Semiconductors - 5 -

  6. Engineering Services Outsourcing Market Size Worth USD 1.82 Trillion By 2026 12. Engineering services outsourcing Market: Location Type Estimates & Trend Analysis, 2019-2026 12.1. Engineering Services Outsourcing Market: Location Type Analysis 12.1.1. On Shore ESO Market 12.1.2. Off Shore ESO Market 13. Engineering services outsourcing Market Size and Forecast by Regions,2019-2026 13.1. Key findings 13.2. North America 13.2.1. U.S. 13.2.2. Canada 13.3. Europe 13.3.1. Germany 13.3.2. UK 13.3.3. France 13.4. Asia Pacific 13.4.1. China 13.4.2. India 13.4.3. Japan 13.5. South America 13.5.1. Brazil 13.5.2. Mexico 13.6. Middle East & Africa 14. Company Profiles 14.1. HTE Engineering, LLC 14.1.1. Company overview 14.1.2. Product benchmarking 14.1.3. Key Highlights 14.2. L&T-MHPS Turbine Generators Private Limited 14.2.1. Company overview 14.2.2. Product benchmarking 14.2.3. Key Highlights 14.3. Vikram Solar Pvt. Ltd. 14.3.1. Company overview 14.3.2. Product benchmarking 14.3.3. Key Highlights 14.4. Goldi Green Technologies Pvt. Ltd. 14.4.1. Company overview 14.4.2. Product benchmarking 14.4.3. Key Highlights 14.5. Starkstrom Aktiengesellschaft (SAG) Group 14.5.1. Company overview 14.5.2. Product benchmarking 14.5.3. Key Highlights 14.6. STEAG Energy Services GmbH 14.6.1. Company overview 14.6.2. Product benchmarking 14.6.3. Recent developments & Key Highlights 14.7. Cyient Limited 14.7.1. Company overview 14.7.2. Product benchmarking 14.7.3. Recent developments & Key Highlights 14.8. PM Group - 6 -

  7. Engineering Services Outsourcing Market Size Worth USD 1.82 Trillion By 2026 14.8.1. Company overview 14.8.2. Product benchmarking 14.8.3. Key Highlights 14.9. Nordex SE 14.9.1. Company overview 14.9.2. Product benchmarking 14.9.3. Recent developments & Key Highlights 14.10. PlanET Biogas Global GmbH 14.10.1. Company overview 14.10.2. Product benchmarking 14.10.3. Recent developments & Key Highlights 14.11. List of other prominent players 14.11.1. AVL List GmbH 14.11.1.1. Company Overview 14.11.1.2. Product Benchmarking 14.11.1.3. Strategic Initiatives 14.11.2. Bertrandt 14.11.2.1. Company Overview 14.11.2.2. Financial Performance 14.11.2.3. Product Benchmarking 14.11.2.4. Strategic Initiatives 14.11.3. EDAG Engineering GmbH 14.11.3.1. Company Overview 14.11.3.2. Financial Performance 14.11.3.3. Product Benchmarking 14.11.3.4. Strategic Initiatives 14.11.4. IAV GmbH 14.11.4.1. Company Overview 14.11.4.2. Financial Performance 14.11.4.3. Product Benchmarking 14.11.4.4. Strategic Initiatives 14.11.5. HORIBA, Ltd. 14.11.5.1. Company Overview 14.11.5.2. Financial Performance 14.11.5.3. Product Benchmarking 14.11.5.4. Strategic Initiatives 14.11.6. Altran Technologies S.A. 14.11.6.1. Company Overview 14.11.6.2. Financial Performance 14.11.6.3. Product Benchmarking 14.11.6.4. Strategic Initiatives 14.11.7. FEV Group 14.11.7.1. Company Overview 14.11.7.2. Product Benchmarking 14.11.7.3. Strategic Initiatives 14.11.8. MBtech Group GmbH 14.11.8.1. Company Overview 14.11.8.2. Product Benchmarking 14.11.8.3. Strategic Initiatives 14.11.9. Alten GmbH 14.11.9.1. Company Overview 14.11.9.2. Product Benchmarking - 7 -

  8. Engineering Services Outsourcing Market Size Worth USD 1.82 Trillion By 2026 14.11.9.3. Strategic Initiatives 14.11.10. Kistler Instrumente AG 14.11.10.1. 14.11.10.2. 14.11.10.3. 14.11.11. Altair Engineering, Inc. 14.11.11.1. 14.11.11.2. 14.11.11.3. 14.11.11.4. 14.11.12. Gigatronik 14.11.12.1. 14.11.12.2. 14.11.13. P3 Automotive GmbH 14.11.13.1. 14.11.13.2. 14.11.13.3. 14.11.14. ESG Elektroniksystem- und Logistik-GmbH 14.11.14.1. Company Overview 14.11.14.2. Product Benchmarking 14.11.14.3. Strategic Initiatives 14.11.15. RLE International Inc. 14.11.15.1. Company Overview 14.11.15.2. Product Benchmarking 14.11.15.3. Strategic Initiatives 14.11.16. P+Z Engineering GmbH 14.11.16.1. Company Overview 14.11.16.2. Product Benchmarking 14.11.16.3. Strategic Initiatives 14.11.17. M Plan GmbH 14.11.17.1. Company Overview 14.11.17.2. Product Benchmarking 14.11.17.3. Strategic Initiatives 14.11.18. ASAP Holding GmbH 14.11.18.1. Company Overview 14.11.18.2. Product Benchmarking 14.11.18.3. Strategic Initiatives 14.11.19. ITK Engineering GmbH 14.11.19.1. Company Overview 14.11.19.2. Product Benchmarking 14.11.19.3. Strategic Initiatives 14.11.20. Aricent Group 14.11.20.1. Company Overview 14.11.20.2. Product Benchmarking 14.11.20.3. Strategic Initiatives 14.11.21. Cybage Software Pvt. Ltd. 14.11.21.1. Company Overview 14.11.21.2. Product Benchmarking 14.11.21.3. Strategic Initiatives 14.11.22. EPAM Systems Inc. 14.11.22.1. Company Overview 14.11.22.2. Financial Performance Company Overview Product Benchmarking Strategic Initiatives Company Overview Financial Performance Product Benchmarking Strategic Initiatives Company Overview Product Benchmarking Company Overview Product Benchmarking Strategic Initiatives - 8 -

  9. Engineering Services Outsourcing Market Size Worth USD 1.82 Trillion By 2026 14.11.22.3. 14.11.22.4. 14.11.23. 14.11.23.1. 14.11.23.2. 14.11.23.3. 14.11.24. 14.11.24.1. 14.11.24.2. 14.11.24.3. 14.11.24.4. 14.11.25. 14.11.25.1. 14.11.25.2. 14.11.25.3. 14.11.26. 14.11.26.1. 14.11.26.2. 14.11.26.3. 14.11.26.4. 14.11.27. 14.11.27.1. 14.11.27.2. 14.11.27.3. 14.11.27.4. 14.11.28. 14.11.28.1. 14.11.28.2. 14.11.28.3. 14.11.29. 14.11.29.1. 14.11.29.2. 14.11.29.3. 14.11.30. 14.11.30.1. 14.11.30.2. 14.11.30.3. 14.11.30.4. 14.11.31. 14.11.31.1. 14.11.31.2. 14.11.31.3. 14.11.32. 14.11.32.1. 14.11.32.2. 14.11.32.3. 14.11.32.4. 14.11.33. 14.11.33.1. 14.11.33.2. 14.11.33.3. 14.11.33.4. Product Benchmarking Strategic Initiative GlobalLogic Inc. Company Overview Product Benchmarking Strategic Initiatives HCL Technologies Company Overview Financial Performance Product Benchmarking Strategic Initiatives Infosys Ltd. Company Overview Product Benchmarking Strategic Initiatives Cyient (Infotech Enterprises Ltd.) Company Overview Financial Performance Product Benchmarking Strategic Initiatives KPIT Technologies Limited (KPIT Cummins Infosystems Ltd.) Company Overview Financial Performance Product Benchmarking Strategic Initiatives Luxoft Company Overview Product Benchmarking Strategic Initiatives Mindfire Solutions Company Overview Product Benchmarking Strategic Initiatives MindTree Ltd. Company Overview Financial performance Product Benchmarking Strategic Initiatives QuEST Global Services Pte. Ltd. Company Overview Product Benchmarking Strategic Initiatives Sonata Software Company Overview Financial Performance Product Benchmarking Strategic Initiatives Tata Elxsi Company Overview Financial Performance Product Benchmarking Strategic Initiatives - 9 -

  10. Engineering Services Outsourcing Market Size Worth USD 1.82 Trillion By 2026 14.11.34. 14.11.34.1. 14.11.34.2. 14.11.34.3. 14.11.34.4. 14.11.35. 14.11.35.1. 14.11.35.2. 14.11.35.3. 14.11.35.4. 14.11.36. 14.11.36.1. 14.11.36.2. 14.11.36.3. 14.11.37. 14.11.37.1. 14.11.37.2. 14.11.37.3. 14.11.37.4. 14.11.38. 14.11.38.1. 14.11.38.2. 14.11.38.3. 14.11.39. 14.11.39.1. 14.11.39.2. 14.11.39.3. 14.11.39.4. 14.11.40. 14.11.40.1. 14.11.40.2. 14.11.40.3. 14.11.40.4. 14.11.41. 14.11.41.1. 14.11.41.2. 14.11.41.3. 14.11.41.4. 14.11.42. 14.11.42.1. 14.11.42.2. 14.11.42.3. 14.11.43. 14.11.43.1. 14.11.43.2. 14.11.43.3. Tata Consultancy Services Company Overview Financial Performance Product Benchmarking Strategic Initiatives Tech Mahindra Company Overview Financial Performance Product Benchmarking Strategic Initiatives Pactera Technology International Ltd. (Vanceinfo Technologies Inc.) Company Overview Product Benchmarking Strategic Initiatives Wipro Ltd. Company Overview Financial Performance Product Benchmarking Strategic Initiatives Venture Corporation Limited Company Overview Financial Performance Product Benchmarking Benchmark Electronics, Inc. Company Overview Financial Performance Product Benchmarking Strategic Initiatives Celestica, Inc. Company Overview Financial Performance Product Benchmarking Strategic Developments Compal Electronics, Inc. Company Overview Financial Performance Product Benchmarking Strategic Initiatives Creation Technologies LP Company Overview Product Benchmarking Strategic Initiatives Plexus Corporation Company Overview Product Benchmarking Strategic Initiatives Access Press Release on Engineering Services Outsourcing Market : https://www.polarismarketresearch.com/press-releases/engineering-services-outsourcing- market - 10 -

  11. Engineering Services Outsourcing Market Size Worth USD 1.82 Trillion By 2026 About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com - 11 -

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