Brazil Engineering Services Market Size & Outlook

The engineering services market in Brazil is expected to reach a projected revenue of US$ 238,622.4 million by 2030. A compound annual growth rate of 4.6% is expected of Brazil engineering services market from 2024 to 2030.
Revenue, 2023 (US$M)
$174,739.8
Forecast, 2030 (US$M)
$238,622.4
CAGR, 2024 - 2030
4.6%
Report Coverage
Brazil

Brazil engineering services market highlights

  • The Brazil engineering services market generated a revenue of USD 174,739.8 million in 2023 and is expected to reach USD 238,622.4 million by 2030.
  • The Brazil market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
  • In terms of segment, technology integration was the largest revenue generating engineering services type in 2023.
  • Construction and Project Management is the most lucrative engineering services type segment registering the fastest growth during the forecast period.


Engineering services market data book summary

Market revenue in 2023USD 174,739.8 million
Market revenue in 2030USD 238,622.4 million
Growth rate4.6% (CAGR from 2023 to 2030)
Largest segmentTechnology integration
Fastest growing segmentConstruction and Project Management
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDesign and Development, Consulting, Construction and Project Management, Maintenance and Support, Specialized Engineering Services, Technology Integration


Other key industry trends

  • In terms of revenue, Brazil accounted for 5.4% of the global engineering services market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil engineering services market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 238,622.4 million by 2030.

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Engineering Services Market Companies

Name Profile # Employees HQ Website

Brazil 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.


Technology integration was the largest segment with a revenue share of 21.85% in 2023. Horizon Databook has segmented the Brazil engineering services market based on design and development, consulting, construction and project management, maintenance and support, specialized engineering services, technology integration covering the revenue growth of each sub-segment from 2017 to 2030.


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Target buyers of Brazil 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.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Brazil engineering services market , including forecasts for subscribers. This country databook contains high-level insights into Brazil engineering services market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Brazil engineering services market size, by engineering services type, 2017-2030 (US$M)

Brazil Engineering Services Market Outlook Share, 2023 & 2030 (US$M)

Brazil engineering services market size, by engineering services type, 2017-2030 (US$M)

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