European product engineering services market is projected to grow at a significant CAGR of around 9.5% during the forecast period (2020-2026). The growth of the product engineering services market in European is backed by the huge presence of end-use industries of product engineering services. UK, Germany, and Italy are considered as one of the largest markets for automotive, and Germany, France, Italy, the Netherlands, UK are some of the economies having well-developed healthcare infrastructure. Likewise, the European countries have a presence a global market players of product engineering services. Therefore, a considerable market can be estimated for product engineering services in Europe during the forecast period.
Browse the full report description European 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 at https://www.omrglobal.com/industry-reports/europe-product-engineering-services-market
Europe has received large inflows of FDI (foreign direct investment) in the recent past, backed by the government support for the expansion of global companies and the ease of doing business in Europe has attracted large sum of companies in the region. Therefore, even during the forecast period, the expansion of healthcare and automotive companies can be projected. Moreover, the significant investment in the energy & utilities industry in Europe will further contribute to the rise in adoption rate of product engineering services during the forecast period.
Market Coverage
Report Elements |
Details |
Study Period |
2019-2026 |
Base year |
2019 |
Forecast period |
2020-2026 |
Segments Covered |
By Service, By Organization Size, and By End-Use Industry |
Countries Covered |
UK, Germany, France, Italy, Spain,
and Rest of Europe |
Key Companies Profiled |
IBM Corp., Accenture PLC, Damco Group, Wipro Ltd., Infosys Ltd.,
Pactera Technologies NA, Inc., Altran, UST Global, Inc., and Tech Mahindra
Ltd. |
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID-19
o Most affected segment/region
o Recommendations
European Product Engineering Services Market – Segmentation
By Service
o New Product Development
o Design Support Services
o Software Engineering
o Hardware Engineering
o Others
By Organization Size
By End-Use Industry
European Product Engineering Services Market – Segmentation
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