Global Engineering Services Market Size & Outlook

The global engineering services market size was estimated at USD 3,413.4 billion in 2024 and is projected to reach USD 4,714.3 billion by 2030, growing at a CAGR of 5.7% from 2025 to 2030.
Revenue, 2024 (US$B)
$3,413.4
Forecast, 2030 (US$B)
$4,714.3
CAGR, 2025 - 2030
5.7%
Report Coverage
Worldwide

Global engineering services market highlights

  • The global engineering services market generated a revenue of USD 3,413.4 billion in 2024 and is expected to reach USD 4,714.3 billion by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 5.7% by 2030.
  • In terms of segment, specialized engineering services accounted for a revenue of USD 686.4 billion in 2024.
  • Specialized Engineering Services is the most lucrative engineering services type segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 3,413.4 billion
Market revenue in 2030USD 4,714.3 billion
Growth rate5.7% (CAGR from 2025 to 2030)
Largest segmentSpecialized engineering services
Fastest growing segmentSpecialized Engineering Services
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD billion
Market segmentationDesign and Development, Maintenance and Support, Consulting, Construction and Project Management, Specialized Engineering Services, Technology Integration

Other key industry trends

  • In terms of revenue, the North America accounted for 18.1% of the global engineering services market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 254.0 billion by 2030.

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Engineering Services Market Companies

Name Profile # Employees HQ Website
RMF Engineering View profile 251-500 Baltimore, Maryland, United States, North America https://www.rmf.com/
Brasfield & Gorrie View profile 1001-5000 Birmingham, Alabama, United States, North America https://www.brasfieldgorrie.com
NV5 Global View profile 1001-5000 Hollywood, Florida, United States, North America http://www.nv5.com
Barton Malow Company View profile 1001-5000 Southfield, Michigan, United States, North America http://www.bartonmalow.com
Strabag View profile 10001+ Vienna, Wien, Austria, Europe http://www.strabag.com
Gilbane, Inc View profile 1001-5000 Providence, Rhode Island, United States, North America https://www.gilbaneco.com/
JLL View profile 10001+ Mumbai, Maharashtra, India, Asia https://www.jll.co.in
Bechtel Corporation View profile 10001+ Reston, Virginia, United States, North America http://www.bechtel.com
Jacobs Engineering View profile - -
Kiewit Corporation View profile 10001+ Omaha, Nebraska, United States, North America http://www.kiewit.com
WSP Global Inc View profile 66500 1600, Rene-Levesque Bouleverd West, 11th Floor, Montreal, QC, Canada, H3H 1P9 https://www.wsp.com
Balfour Beatty PLC View profile 26000 5 Churchill Place, Canary Wharf, London, United Kingdom, E14 5HU https://www.balfourbeatty.com
AECOM View profile 52000 13355 Noel Road, Suite 400, Dallas, TX, United States, 75240 https://www.aecom.com

Global engineering services 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 engineering services market will help companies and investors design strategic landscapes.


Specialized engineering services was the largest segment with a revenue share of 20.11% in 2024. Horizon Databook has segmented the Global engineering services market based on design and development, maintenance and support, consulting, construction and project management, specialized engineering services, technology integration covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Engineering Services Engineering Services Type Outlook (Revenue, USD Billion, 2018-2030)
    • Design and Development
    • Consulting
    • Construction and Project Management
    • Maintenance and Support
    • Specialized Engineering Services
    • Technology Integration
  • Global Engineering Services Engineering Discipline Outlook (Revenue, USD Billion, 2018-2030)
    • Civil Engineering
    • Mechanical Engineering
    • Electrical Engineering
    • Piping and Structural Engineering
  • Global Engineering Services Application Outlook (Revenue, USD Billion, 2018-2030)
    • Infrastructure Development
    • Industrial Projects
    • Technology Implementation
    • Environmental Projects
    • Others Application
  • Global Engineering Services End Use Outlook (Revenue, USD Billion, 2018-2030)
    • Construction
    • Manufacturing
    • Energy and Utilities
    • Transportation
    • Healthcare
    • Telecommunications
    • Others End Use

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Target buyers of Global engineering services market databook

  • Our clientele includes a mix of engineering services market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 global-level data and insights on the Global engineering services market , including forecasts for subscribers. This global databook contains high-level insights into Global engineering services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global engineering services market size, by regions, 2018-2030 (US$B)

Top 10 countries: Engineering services market size, 2024 (US$B)

Global engineering services market share, by engineering services type, 2024 & 2030 (%, US$B)

Engineering services market: Opportunity assessment by country

Global engineering services market, by region, 2024 (US$B)

Global engineering services market size, by regions, 2018-2030 (US$B)

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