Global Architectural, Engineering Consultants And Related Services Market Opportunities – Including Clear Industry Data
The Business Research Company’s report goes into great detail on the architecture, engineering consultants and other related services market size and growth, architecture, engineering consultants and other related services market regional analysis, architecture, engineering consultants and other related services market competitive landscape, and other critical information needed to excel in the architecture, engineering consultants and other related services industry.
Major players in the architecture, engineering consultants and other related services market include PowerChina, Fluor Corporation, AECOM Technology Corporation, WorleyParsons Limited, McDermott International Inc., Jacobs Engineering Group Inc., John Wood Group PLC, KBR Inc., Babcock International and WSP Global Inc.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The global architectural, engineering consultants and related services market is expected to grow from $1290.07 billion in 2021 to $1416.90 billion in 2022 at a compound annual growth rate (CAGR) of 9.8%. The growth in the architectural, engineering consultants and related services market 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 architectural, engineering consultants and related services market is expected to reach $1970.31 billion in 2026 at a CAGR of 8.6%.
Western Europe was the largest region in the architectural, engineering consultants and related services market in 2021.
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.
Architectural and engineering consultants are 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. It can also be used for clash detection, cost estimation and safety analysis. A 5D building information modeling (BIM) involves creating architectural designs that can be modified and customized in real time. This system collects data from different project teams and helps collaborate with the entire construction chain, eliminating project delays.
TBRC’S Global Architecture, Engineering Consultants And Other Related Services Market Report Is Segmented:
By Type: Engineering Services, Architectural Services, Surveying & Mapping Services, Geophysical Services, Laboratory Testing Services, Building Inspection Services, Drafting Services
By Application: Road, Rail, Port, Airport, Pipeline, Power, Others
By Service Provider: Large Enterprise, Small and Medium Enterprise
Subsegments Covered: Civil Engineering Services, Electrical Engineering Services, Mechanical Engineering Services, Other Engineering Services, Landscape Architectural Services, Building And Structural Architectural Services Geophysical Data Collection, Geophysical Data Sales, Integrated Geophysical Services, Other Geophysical Services
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa
The Architectural, Engineering Consultants And Related Services Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the architecture, engineering consultants and other related services market globally and regionally, analyzes and forecasts market size, share, architecture, engineering consultants and other related services market players, architecture, engineering consultants and other related services market segments, leading competitor revenues, profiles and market shares.
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