Europe Engineering Professional Services Market Forecast to 2031 - Regional Analysis - by Type, Service Type, Sector, and Vertical

Description

List of Tables

The Europe engineering professional services market was valued at US$ 718.54 million in 2023 and is expected to reach US$ 1,351.74 million by 2031; it is estimated to register a CAGR of 8.2% from 2023 to 2031.

Surge in Demand for Civil Engineering Services Owing to Rapid Urbanization Fuel Europe Engineering Professional Services Market

Rapid urbanization is majorly affecting the overall business of civil engineering services as it fuels the need for infrastructure development, real estate growth, and overall economic expansion. According to the World Bank, as of April 2023, approximately 56% of the global populace, totaling 4.4 billion individuals, resides in urban areas. Projections indicate that this trend will persist, leading to a more than twofold increase in the urban population by 2050, with approximately 7 out of 10 people expected to settle in cities. For instance, according to the data provided by the German government in 2022, the country witnessed a 1.2% growth in urban population from 2021 to 2022. In contrast, in 2019, the country witnessed a 0.31% increase in urban population from 2018. As over 80% of the world's GDP is generated in urban centers, effective management of urbanization has the potential to foster sustainable growth by enhancing productivity and fostering innovation. Thus, the surge in demand for civil engineering services owing to rapid urbanization drives the Europe engineering professional services market.

Europe Engineering Professional Services Market Overview

In Europe, the engineering professional services market encompasses a wide range of services, including designing and construction, Environmental, Social, and Governance (ESG), and program management. Engineering professional services in Europe related to design and construction involve providing specialized solutions for various projects, such as water and wastewater treatment. This includes consulting, design, construction management, and program management, with a focus on technical expertise, local presence, and a client-first approach. Companies such as ESG Engineering, specializing in providing client-focused engineering and construction solutions, are striving to exceed client expectations and industry standards. They offer a range of services, from consulting and design to construction management, emphasizing efficiency and innovative solutions while maximizing clients' finite capital budgets. In May 2023, Accenture reached an agreement to purchase Objectivity, a digital engineering firm specializing in cloud and platform development services aimed at facilitating clients' rapid innovation and transformation journey. The specific terms of the deal were not disclosed. Following this acquisition, Objectivity will bring additional scale and resources from its operations in the UK, Poland, Germany, and Mauritius. Objectivity's significant expertise in platform engineering, cloud-native computing, and application modernization will enhance Accenture's Cloud First capabilities, enabling clients to leverage more open and adaptable platform models and services to expedite their digital transformation initiatives, further boosting the Europe engineering professional services market in Europe.

Europe Engineering Professional Services Market Revenue and Forecast to 2031 (US$ Million)

Europe Engineering Professional Services Market Segmentation

The Europe engineering professional services market is categorized into type, service type, sector, vertical, and country.

Based on type, the Europe engineering professional services market is bifurcated consulting and non-consulting. The consulting segment held a larger market share in 2023.

In terms of service type, the Europe engineering professional services market is categorized into designing and construction, ESG, program management, and others. The designing and construction segment held the largest market share in 2023.

By sector, the Europe engineering professional services market is bifurcated into private and public. The private segment held a larger market share in 2023.

In terms of vertical, the Europe engineering professional services market is categorized into advanced manufacturing, infrastructure, energy and utilities, environmental, transportation, and water. The transportation segment held the largest market share in 2023. The advanced manufacturing segment is further sub segmented data center, life sciences, electronics and semiconductor, Ev and Ev battery, and others. The infrastructure segment is further subsegmented buildings and cities, health infrastructure, telecommunication infrastructure, and others. The energy and utilities segment is further subsegmented renewables, energy storage, and transmission and distribution. The transportation segment is further sub segmented aviation, highways and bridges, ports and maritime, and rail and transit. The water segment is further sub segmented water and wastewater.

By country, the Europe engineering professional services market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The Rest of Europe dominated the Europe engineering professional services market share in 2023.

Accenture Plc, Capgemini SE, COWI A/S, DB Engineering & Consulting, Deloitte Touche Tohmatsu Ltd, Larsen & Toubro Ltd, McKinsey & Co Inc, Sweco AB, Tata Consultancy Services Ltd, and Wipro Ltd are some of the leading companies operating in the Europe engineering professional services market.

Product Code: BMIRE00030676

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Europe Engineering Professional Services Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 Service Providers:
- 4.2.2 End Users:
- 4.2.3 List of Vendors in Value Chain:

5. Europe Engineering Professional Services Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Surge in Demand for Civil Engineering Services Owing to Rapid Urbanization
- 5.1.2 Rapid Advancement of Industrial IoT
5.2 Market Restraints
- 5.2.1 Skilled Labor Shortage
5.3 Market Opportunities
- 5.3.1 Rise in Infrastructure Investments
- 5.3.2 Growth in the Field of Advanced Manufacturing
5.4 Future Trends
- 5.4.1 Adoption of Advanced Technologies
5.5 Impact of Drivers and Restraints:

6. Engineering Professional Services Market - Europe Analysis

6.1 Europe Engineering Professional Services Market Revenue (US$ Billion), 2021-2031
6.2 Europe Engineering Professional Services Market Forecast Analysis

7. Europe Engineering Professional Services Market Analysis - by Type

7.1 Consulting
- 7.1.1 Overview
- 7.1.2 Consulting: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
7.2 Non-Consulting
- 7.2.1 Overview
- 7.2.2 Non-Consulting: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)

8. Europe Engineering Professional Services Market Analysis - by Service Type

8.1 Designing and Construction
- 8.1.1 Overview
- 8.1.2 Designing and Construction: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
8.2 ESG
- 8.2.1 Overview
- 8.2.2 ESG: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
8.3 Program Management
- 8.3.1 Overview
- 8.3.2 Program Management: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
8.4 Others
- 8.4.1 Overview
- 8.4.2 Others: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)

9. Europe Engineering Professional Services Market Analysis by Sector

9.1 Private
- 9.1.1 Overview
- 9.1.2 Private: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
9.2 Public
- 9.2.1 Overview
- 9.2.2 Public: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)

10. Europe Engineering Professional Services Market Analysis - by Vertical

10.1 Advanced Manufacturing
- 10.1.1 Overview
- 10.1.2 Advanced Manufacturing: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
  - 10.1.2.1 Data Center: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 10.1.2.1.1 Overview
  - 10.1.2.2 Life Sciences: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 10.1.2.2.1 Overview
  - 10.1.2.3 Electronics and Semiconductor: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 10.1.2.3.1 Overview
  - 10.1.2.4 EV and EV Battery: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 10.1.2.4.1 Overview
  - 10.1.2.5 Others: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 10.1.2.5.1 Overview
10.2 Infrastructure
- 10.2.1 Overview
- 10.2.2 Infrastructure: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
  - 10.2.2.1 Buildings and Cities: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 10.2.2.1.1 Overview
  - 10.2.2.2 Health Infrastructure: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 10.2.2.2.1 Overview
  - 10.2.2.3 Telecommunication Infrastructure: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 10.2.2.3.1 Overview
  - 10.2.2.4 Others: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 10.2.2.4.1 Overview
10.3 Energy and Utilities
- 10.3.1 Overview
- 10.3.2 Energy and Utilities: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
  - 10.3.2.1 Renewables: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 10.3.2.1.1 Overview
  - 10.3.2.2 Energy & Storage: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 10.3.2.2.1 Overview
  - 10.3.2.3 Transmission and Distribution: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 10.3.2.3.1 Overview
10.4 Environmental
- 10.4.1 Overview
- 10.4.2 Environmental: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
10.5 Transportation
- 10.5.1 Overview
- 10.5.2 Transportation: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
  - 10.5.2.1 Aviation: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 10.5.2.1.1 Overview
  - 10.5.2.2 Highways and Bridges: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 10.5.2.2.1 Overview
  - 10.5.2.3 Ports and Maritime: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 10.5.2.3.1 Overview
  - 10.5.2.4 Rail and Transit: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 10.5.2.4.1 Overview
10.6 Water
- 10.6.1 Overview
- 10.6.2 Water: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
  - 10.6.2.1 Water: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 10.6.2.1.1 Overview
  - 10.6.2.2 Wastewater: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 10.6.2.2.1 Overview

11. Europe Engineering Professional Services Market - Country Analysis

11.1 Europe
- 11.1.1 Europe Engineering Professional Services Market Breakdown, by Key Countries, 2023 and 2031 (%)
  - 11.1.1.1 Europe Engineering Professional Services Market - Revenue and Forecast Analysis - by Country
  - 11.1.1.2 Germany: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 11.1.1.2.1 Germany: Europe Engineering Professional Services Market Breakdown, by Type
    - 11.1.1.2.2 Germany: Europe Engineering Professional Services Market Breakdown, by Service Type
    - 11.1.1.2.3 Germany: Europe Engineering Professional Services Market Breakdown, by Sector
    - 11.1.1.2.4 Germany: Europe Engineering Professional Services Market Breakdown, by Vertical
    - 11.1.1.2.5 Germany: Europe Engineering Professional Services Market Breakdown, by Advanced Manufacturing
    - 11.1.1.2.6 Germany: Europe Engineering Professional Services Market Breakdown, by Infrastructure
    - 11.1.1.2.7 Germany: Europe Engineering Professional Services Market Breakdown, by Energy And Utilities
    - 11.1.1.2.8 Germany: Europe Engineering Professional Services Market Breakdown, by Transportation
    - 11.1.1.2.9 Germany: Europe Engineering Professional Services Market Breakdown, by Water
  - 11.1.1.3 United Kingdom: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 11.1.1.3.1 United Kingdom: Europe Engineering Professional Services Market Breakdown, by Type
    - 11.1.1.3.2 United Kingdom: Europe Engineering Professional Services Market Breakdown, by Service Type
    - 11.1.1.3.3 United Kingdom: Europe Engineering Professional Services Market Breakdown, by Sector
    - 11.1.1.3.4 United Kingdom: Europe Engineering Professional Services Market Breakdown, by Vertical
    - 11.1.1.3.5 United Kingdom: Europe Engineering Professional Services Market Breakdown, by Advanced Manufacturing
    - 11.1.1.3.6 United Kingdom: Europe Engineering Professional Services Market Breakdown, by Infrastructure
    - 11.1.1.3.7 United Kingdom: Europe Engineering Professional Services Market Breakdown, by Energy And Utilities
    - 11.1.1.3.8 United Kingdom: Europe Engineering Professional Services Market Breakdown, by Transportation
    - 11.1.1.3.9 United Kingdom: Europe Engineering Professional Services Market Breakdown, by Water
  - 11.1.1.4 Denmark: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 11.1.1.4.1 Denmark: Europe Engineering Professional Services Market Breakdown, by Type
    - 11.1.1.4.2 Denmark: Europe Engineering Professional Services Market Breakdown, by Service Type
    - 11.1.1.4.3 Denmark: Europe Engineering Professional Services Market Breakdown, by Sector
    - 11.1.1.4.4 Denmark: Europe Engineering Professional Services Market Breakdown, by Vertical
    - 11.1.1.4.5 Denmark: Europe Engineering Professional Services Market Breakdown, by Advanced Manufacturing
    - 11.1.1.4.6 Denmark: Europe Engineering Professional Services Market Breakdown, by Infrastructure
    - 11.1.1.4.7 Denmark: Europe Engineering Professional Services Market Breakdown, by Energy And Utilities
    - 11.1.1.4.8 Denmark: Europe Engineering Professional Services Market Breakdown, by Transportation
    - 11.1.1.4.9 Denmark: Europe Engineering Professional Services Market Breakdown, by Water
  - 11.1.1.5 Ireland: Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 11.1.1.5.1 Ireland: Europe Engineering Professional Services Market Breakdown, by Type
    - 11.1.1.5.2 Ireland: Europe Engineering Professional Services Market Breakdown, by Service Type
    - 11.1.1.5.3 Ireland: Europe Engineering Professional Services Market Breakdown, by Sector
    - 11.1.1.5.4 Ireland: Europe Engineering Professional Services Market Breakdown, by Vertical
    - 11.1.1.5.5 Ireland: Europe Engineering Professional Services Market Breakdown, by Advanced Manufacturing
    - 11.1.1.5.6 Ireland: Europe Engineering Professional Services Market Breakdown, by Infrastructure
    - 11.1.1.5.7 Ireland: Europe Engineering Professional Services Market Breakdown, by Energy And Utilities
    - 11.1.1.5.8 Ireland: Europe Engineering Professional Services Market Breakdown, by Transportation
    - 11.1.1.5.9 Ireland: Europe Engineering Professional Services Market Breakdown, by Water
  - 11.1.1.6 Rest of Europe Engineering Professional Services Market - Revenue and Forecast to 2031 (US$ Billion)
    - 11.1.1.6.1 Rest of Europe Engineering Professional Services Market Breakdown, by Type
    - 11.1.1.6.2 Rest of Europe Engineering Professional Services Market Breakdown, by Service Type
    - 11.1.1.6.3 Rest of Europe Engineering Professional Services Market Breakdown, by Sector
    - 11.1.1.6.4 Rest of Europe Engineering Professional Services Market Breakdown, by Vertical
    - 11.1.1.6.5 Rest of Europe Engineering Professional Services Market Breakdown, by Advanced Manufacturing
    - 11.1.1.6.6 Rest of Europe Engineering Professional Services Market Breakdown, by Infrastructure
    - 11.1.1.6.7 Rest of Europe Engineering Professional Services Market Breakdown, by Energy And Utilities
    - 11.1.1.6.8 Rest of Europe Engineering Professional Services Market Breakdown, by Transportation
    - 11.1.1.6.9 Rest of Europe Engineering Professional Services Market Breakdown, by Water

12. Competitive Landscape

12.1 Heat Map Analysis
12.2 Company Positioning & Concentration

13. Industry Landscape

13.1 Overview
13.2 Market Initiative
13.3 Mergers & Acquisitions

14. Company Profiles

14.1 Accenture plc
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 Capgemini SE
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 COWI A/S
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 DB Engineering & Consulting
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
14.5 Deloitte Touche Tohmatsu Ltd
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 Sweco AB
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 Larsen & Toubro Ltd
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
14.8 McKinsey & Co Inc
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
14.9 Tata Consultancy Services Ltd
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments
14.10 Wipro Ltd
- 14.10.1 Key Facts
- 14.10.2 Business Description
- 14.10.3 Products and Services
- 14.10.4 Financial Overview
- 14.10.5 SWOT Analysis
- 14.10.6 Key Developments

15. Appendix

15.1 Glossary
15.2 About The Insight Partners