India Aerospace Engineering Services Outsourcing Market Size & Outlook
India aerospace engineering services outsourcing market, 2016-2027 (US$M)
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India aerospace engineering services outsourcing market highlights
- The India aerospace engineering services outsourcing market generated a revenue of USD 1,988.3 million in 2020 and is expected to reach USD 12,663.1 million by 2027.
- The India market is expected to grow at a CAGR of 30.3% from 2021 to 2027.
- In terms of segment, mechanical engineering was the largest revenue generating service in 2020.
- Embedded Software Engineering is the most lucrative service segment registering the fastest growth during the forecast period.
Aerospace engineering services outsourcing market data book summary
| Market revenue in 2020 | USD 1,988.3 million |
| Market revenue in 2027 | USD 12,663.1 million |
| Growth rate | 30.3% (CAGR from 2020 to 2027) |
| Largest segment | Mechanical engineering |
| Fastest growing segment | Embedded Software Engineering |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mechanical Engineering, Electric/ Electronic Engineering, Embedded Software Engineering |
| Key market players worldwide | Honeywell International Inc, Capgemini SE, Adecco Group AG, Altair Engineering Inc Class A, Alten, Safran SA |
Other key industry trends
- In terms of revenue, India accounted for 3.4% of the global aerospace engineering services outsourcing market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China aerospace engineering services outsourcing market is projected to lead the regional market in terms of revenue in 2027.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 12,663.1 million by 2027.
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Aerospace Engineering Services Outsourcing Market Scope
Aerospace Engineering Services Outsourcing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India aerospace engineering services outsourcing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aerospace engineering services outsourcing market will help companies and investors design strategic landscapes.
Mechanical engineering was the largest segment with a revenue share of 39.03% in 2020. Horizon Databook has segmented the India aerospace engineering services outsourcing market based on mechanical engineering, electric/ electronic engineering, embedded software engineering covering the revenue growth of each sub-segment from 2016 to 2027.
- India Aerospace Engineering Services Outsourcing Service Outlook (Revenue, USD Million, 2016-2027)
- Mechanical Engineering
- Electric/ Electronic Engineering
- Embedded Software Engineering
- Others
- India Aerospace Engineering Services Outsourcing Function Outlook (Revenue, USD Million, 2016-2027)
- Design
- Simulation & Digital Validation
- Production Process
- Maintenance Process
- India Aerospace Engineering Services Outsourcing Location Outlook (Revenue, USD Million, 2016-2027)
- On-shore
- Off-shore
- India Aerospace Engineering Services Outsourcing Component Outlook (Revenue, USD Million, 2016-2027)
- Hardware
- Software
- Software Licensing
- Software Services
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Target buyers of India aerospace engineering services outsourcing market databook
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Our clientele includes a mix of aerospace engineering services outsourcing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India aerospace engineering services outsourcing market , including forecasts for subscribers. This country databook contains high-level insights into India aerospace engineering services outsourcing market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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India aerospace engineering services outsourcing market size, by service, 2016-2027 (US$M)
India Aerospace Engineering Services Outsourcing Market Outlook Share, 2020 & 2027 (US$M)
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