Engineering is the professional discipline that applies scientific knowledge to design structures, products and industrial processes aimed at servicing the economy and society. As governments and private corporations outsource their engineering departments, industry consultants became indispensable and expanded their reach across the globe through strategic alliances and joint ventures.
The Engineering Consultancy Services industry is expected to generate revenue totalling $30.9 billion in 2012-13, up 5.5% from the previous year. Industry value added currently totals $17.0 billion, or 1.2% of Australia's GDP.
This industry consists of firms supplying consultant-engineering services, and to a lesser extent quantity surveying services. The principal activities include the design and management of construction and engineering infrastructure projects, environmental projects and industrial processes and equipment. Assignments may involve provision of advice, feasibility studies, plans and designs, technical and management services for construction and evaluation of environmental projects.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.