Engineering R&D Services Outsourcing Market 2018 Segmentation, Demand, Growth, Trend, Opportunity and Forecast 2025 | HCL Technologies Limited, IAV GmbH, P+Z Engineering GmbH, Tata Consulting Services Limited, Wipro Limited, EDAG Engineering GmbH

Engineering R&D Services Outsourcing Market report provides a thoroughly researched abstract of the key players with considerable shareholdings at a global level regarding demand, sales, and income by providing better products and services. Research Report outlines a forecast for the Engineering R&D Services Outsourcing market between 2018 and 2025. In terms of value, the Engineering R&D Services Outsourcing industry is expected to register a steady CAGR during the forecast period.

Global engineering R&D services outsourcing market is anticipated to reach more than USD 650 billion by 2025 according to a new report published by Polaris Market Research. The major factors which are driving this market is the access to low cost highly skilled resources which can work towards complex tasks of not only designing and testing but also on validation, simulation and execution. Companies are moving from business process outsourcing to knowledge process outsourcing and major industry verticals such as automotive, consumer electronics, semiconductors, aerospace and telecom are providing huge opportunities to the consulting companies. The traction of offshore outsourcing can be seen owing to the low cost and added capabilities from the service providers. There are dedicated ER&D service providers which are not only providing basic services but also, they are jointly investing with the companies to expand their businesses in growing markets and geographies. Companies are also focusing on expanding their market reach along with faster turnaround times from these providers. These are some of the major advantages for the companies to outsource their services.

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Major players which are profiled in the study include

o HCL Technologies Limited
o IAV GmbH, P+Z Engineering GmbH
o Tata Consulting Services Limited
o Wipro Limited, EDAG Engineering GmbH
o ASAP Holdings GmbH
o FEV Group, Cybage software
o Kistler Instruments AG
o Infosys Ltd

The market for ER&D services has evolved from outsourcing of simple low-cost engineering services to capacity augmentation. At present companies are focusing more on reduced timelines, increased productivity and quality of outsourcing services. Countries such as India, China are among the biggest markets for ER&D service providers. Growing number of engineering professionals every year coupled with low cost of service have pushed the market for ER&D Outsourcing in this region.

Companies in North America and Europe are considered to spend more on these services however, Asia Pacific is the largest market for the ER&D service providers. Countries such as India and China have pushed the market for ER&D and are estimated to continue the trend over the forecast period. Applications in the automotive, telecom, consumer electronics and aerospace segments is considered to have large market share in 2017. There has been an increase in adoption in the offshore services as compared to onsite service due to low costs and highly skilled professionals on the offshore locations. The offshore outsourcing type would grow at a higher rate during the forecast period as compared to its counterpart. The major restrains this market is facing is the intellectual property theft specifically during the offshore outsourcing. This is the major problem faced by many companies, which eventually generates a loss for these companies. However due to strict laws and changing regulations, this challenge is expected to overcome during the forecast period.

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Key Benefits:

-- This study gives a detailed analysis of drivers and factors limiting the market expansion of Engineering R&D Services Outsourcing
-- The micro-level analysis is conducted based on its product types, end-user applications, and geographies
-- Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players
-- By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Engineering R&D Services Outsourcing market

The research study can answer the following Key questions:

1. What will be the progress rate of the Engineering R&D Services Outsourcing Market for the conjecture period, 2018 - 2025?
2. What are the prominent factors driving the Engineering R&D Services Outsourcing Market across different regions?
3. Who are the major vendors dominating the Engineering R&D Services Outsourcing industry and what are their winning strategies?
4. What will be the market scope for the estimated period?
5. What are the major trends shaping the expansion of the industry in the coming years?
6. What are the challenges faced by the Engineering R&D Services Outsourcing Market?

Table of Contents

-- Report Overview: It includes the Engineering R&D Services Outsourcing market study scope, players covered, key market segments, market analysis by application, market analysis by type, and other chapters that give an overview of the research study.

-- Executive Summary: This section of the report gives information about Engineering R&D Services Outsourcing market trends and shares, market size analysis by region and analysis of global market size. Under market size analysis by region, analysis of market share and growth rate by region is provided.

-- Profiles of International Players: Here, key players of the Engineering R&D Services Outsourcing market are studied on the basis of gross margin, price, revenue, corporate sales, and production. This section gives a business overview of the players and shares their important company details.

-- Regional Study: All of the regions and countries analyzed in the Engineering R&D Services Outsourcing market report is studied on the basis of market size by application, the market size by product, key players, and market forecast.

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