China's rapid economic growth in recent decades created a major market for engineering services, while reforms in the science and technology system promoted the commercialization of technology. As a result, engineering consultancy firms have become vitally important to modern economic development.
In 2015, revenue for the Engineering Services industry is estimated to reach $28.9 billion, up 4.1% over 2014. Revenue growth is expected to slow compared with previous years due to the slow building and civil engineering construction output value during the year. In the five years through 2015, industry revenue has been increasing at an annualized rate of 5.6%.
The Engineering Services industry provides engineering services and management, engineering and graphic design services, and project planning management. Firms in this industry have technical capabilities and professional qualifications in overall project contracting, construction supervision and consulting.
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.