North America Product Engineering Services Market
North America Product Engineering Services Market Size, Share & Trends Analysis Report by Component (Product and Component Design, Process Engineering, Maintenance, Repair & Operations, and Others), by Organization Size (Small and Medium Enterprises (SMEs) and Large Enterprises), and by End-Use Industry (Healthcare, Automotive, Aerospace & Defense, Energy & Utilities, Industrial Manufacturing, and Others) and Forecast 2020-2026 Update Available - Forecast 2024-2030
The North America product engineering services market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the presence of the key market players in the region, such as IBM Corp. and UST Global Inc. The companies are expanding their base for the introduction of advanced technologies in North America, especially in the US. Moreover, the continuous rise in the manufacturing sector with the integration of AI and IoT is further expected to propel the market growth in the region during the forecast period.
The product engineering services market on the basis of service, organization size, and end-use industry. Based on service, the market is segmented into product and component design, process engineering, maintenance, repair & operations, and others. The product and component design services segment is further classified into new product development, design support services, software engineering, hardware engineering, and others. Based on organization size, the market is bifurcated into small and medium enterprises (SMEs) and large enterprises. Based on end-use industry, the market is segmented into automotive, aerospace & defense, healthcare, energy & utilities, industrial manufacturing, and others. Geographically, the North America product engineering services market is segmented into the US and Canada. The US contributed nearly 90.0% in the North America product engineering services market in 2019. This is due to the high adoption of advanced technologies in the manufacturing sector and the presence of key market players, such as IBM Corp.
The North America product engineering services market is influenced by product development and advancements conducted by the market players. The key players of the product engineering services market include IBM Corp., Accenture PLC, Damco Group, Wipro Ltd., Infosys Ltd., Pactera Technologies NA, Inc., Altran, UST Global, Inc., and Tech Mahindra Ltd. These players are playing a significant role in the growth of the product engineering services market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.
RESEARCH METHODOLOGY
The market study of the North America product engineering services market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
- Financial reports of companies involved in the market
- Whitepapers, research-papers, and news blogs
- Company websites and their product catalog
The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
- North America Product Engineering Services Market Research and Analysis by Component
- North America Product Engineering Services Market Research and Analysis by Organization Size
- North America Product Engineering Services Market Research and Analysis by End-Use Industry
The Report covers:
- Comprehensive research methodology of the North America product engineering services market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the North America product engineering services market.
- Insights about market determinants which are stimulating the North America market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. North American Product Engineering Services Market by Service
5.1.1. Product and Component Design
5.1.1.1. New Product Development
5.1.1.2. Design Support Services
5.1.1.3. Software Engineering
5.1.1.4. Hardware Engineering
5.1.1.5. Others
5.1.2. Process Engineering
5.1.3. Maintenance, Repair, and Operations
5.1.4. Others
5.2. North American Product Engineering Services Market by Organization Size
5.2.1. Small and Medium Enterprises (<1000 Employees)
5.2.2. Large Enterprises (>1000 Employees)
5.3. North American Product Engineering Services Market by End-Use Industry
5.3.1. Healthcare
5.3.2. Automotive
5.3.3. Aerospace & Defense
5.3.4. Energy & Utilities
5.3.5. Industrial Manufacturing
5.3.6. Others
6. Regional Analysis
6.1. United States
6.2. Canada
7. Company Profiles
7.1. Accenture plc
7.2. Alten Group
7.3. Altran (Capgemini Service SAS)
7.4. Cognizant Organization Size Solutions Corp.
7.5. Cygnet Group of Companies
7.6. Damco Group
7.7. EPAM Systems, Inc.
7.8. Happiest Minds Technologies Pvt. Ltd.
7.9. IBM Corp.
7.10. Infosys Ltd.
7.11. Luxoft Holding, Inc.
7.12. Mistral Solutions Pvt. Ltd.
7.13. Rapidvalue Solutions
7.14. Sourceedge Software Technologies Pvt. Ltd.
7.15. UST North American, Inc.
7.16. Wipro Ltd.
1. NORTH AMERICAN PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY SERVICE, 2019-2026 ($ MILLION)
2. NORTH AMERICAN PRODUCT AND COMPONENT DESIGN SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. NORTH AMERICAN PROCESS ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. NORTH AMERICAN MAINTENANCE, REPAIR, & OPERATION SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
5. NORTH AMERICAN OTHER PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
6. NORTH AMERICAN PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2019-2026 ($ MILLION)
7. NORTH AMERICAN PRODUCT ENGINEERING SERVICES IN SMES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
8. NORTH AMERICAN PRODUCT ENGINEERING SERVICES IN LARGE ENTERPRISES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
9. NORTH AMERICAN PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2019-2026 ($ MILLION)
10. NORTH AMERICAN PRODUCT ENGINEERING SERVICES IN HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
11. NORTH AMERICAN PRODUCT ENGINEERING SERVICES IN AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
12. NORTH AMERICAN PRODUCT ENGINEERING SERVICES IN AEROSPACE & DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
13. NORTH AMERICAN PRODUCT ENGINEERING SERVICES IN ENERGY & UTILITIES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
14. NORTH AMERICAN PRODUCT ENGINEERING SERVICES IN INDUSTRIAL MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
15. NORTH AMERICAN OTHER END-USE INDUSTRIES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
16. NORTH AMERICAN PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
17. US PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY SERVICE, 2019-2026 ($ MILLION)
18. US PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2019-2026 ($ MILLION)
19. US PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2019-2026 ($ MILLION)
20. CANADA PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY SERVICE, 2019-2026 ($ MILLION)
21. CANADA PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2019-2026 ($ MILLION)
22. CANADA PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2019-2026 ($ MILLION)
1. NORTH AMERICAN PRODUCT ENGINEERING SERVICES MARKET SHARE BY SERVICE, 2019 VS 2026 (%)
2. NORTH AMERICAN PRODUCT ENGINEERING SERVICES MARKET SHARE BY ORGANIZATION SIZE, 2019 VS 2026 (%)
3. NORTH AMERICAN PRODUCT ENGINEERING SERVICES MARKET SHARE BY END-USE INDUSTRY, 2019 VS 2026 (%)
4. NORTH AMERICAN PRODUCT ENGINEERING SERVICES MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
5. US PRODUCT ENGINEERING SERVICES MARKET SIZE, 2019-2026 ($ MILLION)
6. CANADA PRODUCT ENGINEERING SERVICES MARKET SIZE, 2019-2026 ($ MILLION)
