Global Product Engineering Services Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Product Engineering Services Market is presumed to reach the market size of nearly USD 164.52 Billion by 2032 from USD 73.59 Billion in 2023 with a CAGR of 9.35% under the study period 2024-2032.

Product engineering services is the process of innovating, designing, developing, testing, and deploying a software product. The beginning of web 2.0 technologies and utility-based software delivery through SaaS has led to the process of the gradual transformation of clients allowing engineering services from convectional software engineering to product engineering. Product engineering takes care of the entire product life cycle from the innovation phase, starting from the idea being considered to the deployment and user acceptance testing phase. Product engineering goes through various steps such as product design, product architecture, product testing, product ideation, product migration and porting, sustaining engineering, technical support, and professional services. Adoption of modern engineering models and digital technology models are becoming progressively essential to produce more innovative products in a much more efficient and faster way. Product engineering services bring together deep domain and technology expertise for both the digital and physical world of products.

MARKET DYNAMICS

Rising sophisticated demand for manufacturers from various businesses and consumers globally, product companies are continuously re-engineering, developing the process of innovation, optimizing the process, and minimizing the cost involved in meeting up with the growing demands of the consumers. These factors are projected to drive the market's growth trajectories over the forecast period. Further, the growth of the industrial internet of things is also anticipated to help the market growth over the forecast period. The industrial internet of things (IIOT) helps boost operational efficiency, enhance productivity and reduce the complexity of procedures involved in product engineering services. IIOT also improves the safety and quality of products in an industry, thus boosting the quality of engineering product services. Moreover, the consumer electronic industry's growth is also likely to play a crucial role in enhancing the growth of the market. The increase in complexity of today's technology has led to investments and huge research and technological developments in product engineering services to provide end-to-end system design and innovative manufacturing and integration services.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Product Engineering Services. The growth and trends of Product Engineering Services industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Product Engineering Services market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Service Type

Product and Component Design (New Product Development, Design Support, Software Engineering(Embedded Software Services, Independent Software Services) Hardware Engineering, Prototype Testing)
Process Engineering (Manufacturing Engineering Support, Knowledge-Based Engineering (KBE))
Maintenance, Repair, and Operations
Others

By Enterprise Size

Small & Medium Enterprises (SMEs)
Large Enterprises

By Industry

Aerospace and Defense
Automotive
BFSI
Energy and Utilities
Healthcare
Industrial Manufacturing
IT & Telecom
Others

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Product Engineering Services market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Product Engineering Services market include Accenture PLC, Akka Technologies, ALTEN, Altran Technologies, SA (Part Of Capgemini), AVL, Calsoft Inc., Capgemini, CloudMoyo, Happiest Minds Technologies, HCL Technologies Limited, IBM Corporation, Infinite Computer Solutions Inc., Nous Infosystems, ITC InfoTech, Tata Consultancy Services (TCS) Limited, Wipro Limited, VOLANSYS Technologies, Xoriant Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR11214589

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. PRODUCT ENGINEERING SERVICES - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Service Type
- 3.7.2 Market Attractiveness Analysis By Enterprise Size
- 3.7.3 Market Attractiveness Analysis By Industry
- 3.7.4 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL PRODUCT ENGINEERING SERVICES MARKET ANALYSIS BY SERVICE TYPE

5.1. Overview By Service Type
5.2. Historical and Forecast Data Analysis By Service Type
5.3. Product and Component Design (New Product Development, Design Support, Software Engineering(Embedded Software Services, Independent Software Services) Hardware Engineering, Prototype Testing) Historic and Forecast Sales By Regions
5.4. Process Engineering (Manufacturing Engineering Support, Knowledge-Based Engineering (KBE)) Historic and Forecast Sales By Regions
5.5. Maintenance, Repair, and Operations Historic and Forecast Sales By Regions
5.6. Others Historic and Forecast Sales By Regions

6. GLOBAL PRODUCT ENGINEERING SERVICES MARKET ANALYSIS BY ENTERPRISE SIZE

6.1. Overview By Enterprise Size
6.2. Historical and Forecast Data Analysis By Enterprise Size
6.3. Small & Medium Enterprises (SMEs) Historic and Forecast Sales By Regions
6.4. Large Enterprises Historic and Forecast Sales By Regions

7. GLOBAL PRODUCT ENGINEERING SERVICES MARKET ANALYSIS BY INDUSTRY

7.1. Overview By Industry
7.2. Historical and Forecast Data Analysis By Industry
7.3. Aerospace and Defense Historic and Forecast Sales By Regions
7.4. Automotive Historic and Forecast Sales By Regions
7.5. BFSI Historic and Forecast Sales By Regions
7.6. Energy and Utilities Historic and Forecast Sales By Regions
7.7. Healthcare Historic and Forecast Sales By Regions
7.8. Industrial Manufacturing Historic and Forecast Sales By Regions
7.9. IT & Telecom Historic and Forecast Sales By Regions
7.10. Others Historic and Forecast Sales By Regions

8. GLOBAL PRODUCT ENGINEERING SERVICES MARKET ANALYSIS BY GEOGRAPHY

8.1. Regional Outlook
8.2. Introduction
8.3. North America Sales Analysis
- 8.3.1 Overview, Historic and Forecast Data Sales Analysis
- 8.3.2 North America By Segment Sales Analysis
- 8.3.3 North America By Country Sales Analysis
- 8.3.4 United States Sales Analysis
- 8.3.5 Canada Sales Analysis
- 8.3.6 Mexico Sales Analysis
8.4. Europe Sales Analysis
- 8.4.1 Overview, Historic and Forecast Data Sales Analysis
- 8.4.2 Europe By Segment Sales Analysis
- 8.4.3 Europe By Country Sales Analysis
- 8.4.4 United Kingdom Sales Analysis
- 8.4.5 France Sales Analysis
- 8.4.6 Germany Sales Analysis
- 8.4.7 Italy Sales Analysis
- 8.4.8 Russia Sales Analysis
- 8.4.9 Rest Of Europe Sales Analysis
8.5. Asia Pacific Sales Analysis
- 8.5.1 Overview, Historic and Forecast Data Sales Analysis
- 8.5.2 Asia Pacific By Segment Sales Analysis
- 8.5.3 Asia Pacific By Country Sales Analysis
- 8.5.4 China Sales Analysis
- 8.5.5 India Sales Analysis
- 8.5.6 Japan Sales Analysis
- 8.5.7 South Korea Sales Analysis
- 8.5.8 Australia Sales Analysis
- 8.5.9 South East Asia Sales Analysis
- 8.5.10 Rest Of Asia Pacific Sales Analysis
8.6. Latin America Sales Analysis
- 8.6.1 Overview, Historic and Forecast Data Sales Analysis
- 8.6.2 Latin America By Segment Sales Analysis
- 8.6.3 Latin America By Country Sales Analysis
- 8.6.4 Brazil Sales Analysis
- 8.6.5 Argentina Sales Analysis
- 8.6.6 Peru Sales Analysis
- 8.6.7 Chile Sales Analysis
- 8.6.8 Rest of Latin America Sales Analysis
8.7. Middle East & Africa Sales Analysis
- 8.7.1 Overview, Historic and Forecast Data Sales Analysis
- 8.7.2 Middle East & Africa By Segment Sales Analysis
- 8.7.3 Middle East & Africa By Country Sales Analysis
- 8.7.4 Saudi Arabia Sales Analysis
- 8.7.5 UAE Sales Analysis
- 8.7.6 Israel Sales Analysis
- 8.7.7 South Africa Sales Analysis
- 8.7.8 Rest Of Middle East And Africa Sales Analysis

9. COMPETITIVE LANDSCAPE OF THE PRODUCT ENGINEERING SERVICES COMPANIES

9.1. Product Engineering Services Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments

10. COMPANY PROFILES OF PRODUCT ENGINEERING SERVICES INDUSTRY

10.1. Top Companies Market Share Analysis
10.2. Market Concentration Rate
10.3. Accenture PLC
- 10.3.1 Company Overview
- 10.3.2 Company Revenue
- 10.3.3 Products
- 10.3.4 Recent Developments
10.4. Akka Technologies
- 10.4.1 Company Overview
- 10.4.2 Company Revenue
- 10.4.3 Products
- 10.4.4 Recent Developments
10.5. ALTEN
- 10.5.1 Company Overview
- 10.5.2 Company Revenue
- 10.5.3 Products
- 10.5.4 Recent Developments
10.6. Altran Technologies
- 10.6.1 Company Overview
- 10.6.2 Company Revenue
- 10.6.3 Products
- 10.6.4 Recent Developments
10.7. SA (Part Of Capgemini)
- 10.7.1 Company Overview
- 10.7.2 Company Revenue
- 10.7.3 Products
- 10.7.4 Recent Developments
10.8. AVL
- 10.8.1 Company Overview
- 10.8.2 Company Revenue
- 10.8.3 Products
- 10.8.4 Recent Developments
10.9. Calsoft Inc.
- 10.9.1 Company Overview
- 10.9.2 Company Revenue
- 10.9.3 Products
- 10.9.4 Recent Developments
10.10. Capgemini
- 10.10.1 Company Overview
- 10.10.2 Company Revenue
- 10.10.3 Products
- 10.10.4 Recent Developments
10.11. CloudMoyo
- 10.11.1 Company Overview
- 10.11.2 Company Revenue
- 10.11.3 Products
- 10.11.4 Recent Developments
10.12. Happiest Minds Technologies
- 10.12.1 Company Overview
- 10.12.2 Company Revenue
- 10.12.3 Products
- 10.12.4 Recent Developments
10.13. HCL Technologies Limited
- 10.13.1 Company Overview
- 10.13.2 Company Revenue
- 10.13.3 Products
- 10.13.4 Recent Developments
10.14. IBM Corporation
- 10.14.1 Company Overview
- 10.14.2 Company Revenue
- 10.14.3 Products
- 10.14.4 Recent Developments
10.15. Infinite Computer Solutions Inc.
- 10.15.1 Company Overview
- 10.15.2 Company Revenue
- 10.15.3 Products
- 10.15.4 Recent Developments
10.16. Nous Infosystems
- 10.16.1 Company Overview
- 10.16.2 Company Revenue
- 10.16.3 Products
- 10.16.4 Recent Developments
10.17. ITC InfoTech
- 10.17.1 Company Overview
- 10.17.2 Company Revenue
- 10.17.3 Products
- 10.17.4 Recent Developments
10.18. Tata Consultancy Services (TCS) Limited
- 10.18.1 Company Overview
- 10.18.2 Company Revenue
- 10.18.3 Products
- 10.18.4 Recent Developments
10.19. Wipro Limited
- 10.19.1 Company Overview
- 10.19.2 Company Revenue
- 10.19.3 Products
- 10.19.4 Recent Developments
10.20. VOLANSYS Technologies
- 10.20.1 Company Overview
- 10.20.2 Company Revenue
- 10.20.3 Products
- 10.20.4 Recent Developments
10.21. Xoriant Corporation
- 10.21.1 Company Overview
- 10.21.2 Company Revenue
- 10.21.3 Products
- 10.21.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies