Global Architectural, Engineering Consultants And Related Services Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Architectural, Engineering Consultants and Related Services Market Report by The Business Research Company covers architectural, engineering consultants and related services market drivers and restraints, architectural, engineering consultants and related services market size, major players, and the impact of COVID-19 on the architectural, engineering consultants and related services market.
The architecture, engineering consultants and other related services (A, EC & related services) market consists of the sales of A, EC & related services and related goods by entities (organizations, sole traders and partnerships) that provide support to the planning and designing of construction related businesses of all sizes across all industries. Business entities that are engaged in providing architecture, engineering consultants and other related services are generally referred to as architectural firms or engineering consultancy firms. Architecture, engineering consultants and related services undertake processes where human capital is the major input. They make available the knowledge and skills of their employees, often on an assignment basis, where an individual or team is responsible for the delivery of services to the client.
The rise in demand for environmentally safe and certified buildings is expected to drive the architecture and engineering services market. The global architectural, engineering consultants and related services market is expected to grow from $1.05 trillion in 2020 to $1.19 trillion in 2021 at a compound annual growth rate (CAGR) of 13.%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1.42 trillion in 2025 at a CAGR of 6%.
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Some architectural, engineering consultants and related services market trends include using 5D building information modeling (BIM) to create dynamic building designs which can be altered at later stages of the project. A BIM software is a tool used to design buildings and structures including lighting, HVAC systems and mechanical, electrical and plumbing systems.
Global architectural, engineering consultants and related services market segments include:
1) By Type: Engineering Services, Architectural Services, Surveying & Mapping Services, Geophysical Services, Laboratory Testing Services, Building Inspection Services, Drafting Services.
2) By Application: Road, Rail, Port, Airport, Pipeline, Power, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Architectural, Engineering Consultants And Related Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides architectural, engineering consultants and related services market overviews, analyzes and forecasts market size, share, architectural, engineering consultants and related services market players, architectural, engineering consultants and related services market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The architectural, engineering consultants and related services identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Architectural, Engineering Consultants And Related Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Bechtel Corporation, AECOM, Jacobs Engineering Group Inc, Gensler, CH2M HILL Inc
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Architectural, Engineering Consultants And Related Services Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Architectural, Engineering Consultants And Related Services Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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