Global Product Engineering Services Market Size & Outlook
Global product engineering services market, 2018-2030 (US$M)
Related Markets
Global product engineering services market highlights
- The global product engineering services market generated a revenue of USD 1,263.5 million in 2024 and is expected to reach USD 1,814.1 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 6.4% by 2030.
- In terms of segment, product engineering accounted for a revenue of USD 641.3 million in 2024.
- Product Engineering is the most lucrative service segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, Japan is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 1,263.5 million |
| Market revenue in 2030 | USD 1,814.1 million |
| Growth rate | 6.4% (CAGR from 2025 to 2030) |
| Largest segment | Product engineering |
| Fastest growing segment | Product Engineering |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Product Engineering, Process Engineering, Maintenance, Repair & Operations |
Other key industry trends
- In terms of revenue, the North America accounted for 40.4% of the global product 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, Japan is the fastest growing regional market and is projected to reach USD 80.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Product Engineering Services Market Scope
Product Engineering Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Innovify | View profile | 251-500 | London, England, United Kingdom, Europe | http://www.innovify.com |
| Cognizant Technology Solutions Corporation | View profile | - | - | - |
| Tata Consultancy Services Limited | View profile | - | - | - |
| Infosys Limited | View profile | - | - | - |
| Persistent Systems | View profile | 10001+ | Pune, Maharashtra, India, Asia | http://www.persistent.com/ |
| Tech Mahindra | View profile | 10001+ | Pune, Maharashtra, India, Asia | https://www.techmahindra.com/ |
| Capgemini SE | View profile | 340400 | 11 rue de Tilsitt, Paris, France, 75017 | https://www.capgemini.com |
| HCL Technologies | View profile | 10001+ | Noida, Uttar Pradesh, India, Asia | http://www.hcltech.com |
| Accenture PLC Class A | View profile | 742000 | 1 Grand Canal Square, Grand Canal Harbour, Dublin, Ireland, 2 | https://www.accenture.com |
| Wipro Ltd ADR | View profile | 244707 | Sarjapur Road, Doddakannelli, Bangalore, KA, India, 560 035 | https://www.wipro.com |
Global product 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 product engineering services market will help companies and investors design strategic landscapes.
Product engineering was the largest segment with a revenue share of 50.76% in 2024. Horizon Databook has segmented the Global product engineering services market based on product engineering, process engineering, maintenance, repair & operations covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Product Engineering Services Service Outlook (Revenue, USD Million, 2018-2030)
- Product Engineering
- Process Engineering
- Maintenance, Repair & Operations
- Others
- Global Product Engineering Services Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
- Large Enterprises
- Small & Medium Enterprises
- Global Product Engineering Services Industry Outlook (Revenue, USD Million, 2018-2030)
- Automotive
- Healthcare & Life Science
- Manufacturing
- BFSI
- Retail & Consumer goods
- Aerospace & Defense
- IT & Telecom
- Others
Reasons to subscribe to Global product engineering services market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global product engineering services market databook
-
Our clientele includes a mix of product 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 global-level data and insights on the Global product engineering services market , including forecasts for subscribers. This global databook contains high-level insights into Global product engineering services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global product engineering services market size, by regions, 2018-2030 (US$M)
Top 10 countries: Product engineering services market size, 2024 (US$M)
Global product engineering services market share, by service, 2024 & 2030 (%, US$M)
Product engineering services market: Opportunity assessment by country
Global product engineering services market, by region, 2024 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
