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Architectural, Engineering Consultants And Related Services Market Size 2020 | Brief Analysis by Top Key Players | Covid 19 Impact And Recovery | TBRC Reports
Architectural, Engineering Consultants And Related Services Market
The global architectural, engineering consultants and related services market is expected to decline from $1212.6 billion in 2019 to $1200.3 billion in 2020 at a compound annual growth rate (CAGR) of -1.1%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 6% from 2021 and reach $1403.2 billion in 2023.
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The architecture, engineering consultants and other related services (A,EC & related services) market consists of the sales of A,EC & related services goods and services 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.
Architectural/Engineering services landscape is changing rapidly due to the global sourcing opportunities and increasing internet penetration. Online crowd sourcing enables customers to submit requirements online and architectural, engineering service providers to send design ideas and plans to customers directly. Once the customer selectS a plan and design, they receive further customization based on their specific requirements. For instance, Arcbazar and competitionline offers architectural services to customers online through its crowd sourcing platform.
Architectural, Engineering Consultants And Related Services Market Segmentation:
By Type
Engineering Services
Architectural Services
Laboratory Testing Services
Surveying & Mapping Services
Building Inspection Services
Geophysical Services
Drafting Services
By Application
1.Road
2.Rail
3.Port
4.Airport
5.Pipeline
6.Power and Others
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Architectural, Engineering Consultants And Related Services Market Characteristics
4. Architectural, Engineering Consultants And Related Services Market Product Analysis
5. Architectural, Engineering Consultants And Related Services Market Supply Chain
....
21. Key Mergers And Acquisitions In The Architectural, Engineering Consultants And Related Services Market
22. Market Background: Design, Research, Promotional And Consulting Services Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The report covers the trends and market dynamics of the architectural, engineering consultants and related services market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the architectural, engineering consultants and related services market are Bechtel Corporation, AECOM, Jacobs Engineering Group Inc, Gensler, CH2M HILL Inc
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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