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Architectural, Engineering Consultants And Related Services Market Trends, Industry Size, Growth Opportunities And Forecast To 2032
Architectural, Engineering Consultants And Related Services Market
Architectural, Engineering Consultants And Related Services Market Size, Growth Rate, And Forecast
The global architectural, engineering consultants and related services market grew from $1,456.69 billion in 2022 to $1,525.79 billion in 2023 at a compound annual growth rate (CAGR) of 4.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The architectural, engineering consultants and related services market is expected to grow from $1,773.06 billion in 2027 at a CAGR of 3.8%.
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Architectural, Engineering Consultants And Related Services Market Drivers
The rise in demand for environmentally safe and certified buildings is expected to drive the architecture and engineering services market. Consumers, state governments, and NGOs are working towards making residential and commercial buildings more energy efficient and self-sufficient. Private constructors and real estate developers are redesigning projects to fulfil these demands, leading to many benefits such as an increase in rental and resale value, home-owner satisfaction, lower operating costs, and regional or international recognition. The US Green Building Council launched the Leadership in Energy and Environmental Design (LEED) certification program to establish a set of rating systems that define the construction, design, and maintenance of residential projects
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Architectural, Engineering Consultants And Related Services Market Segments
1) By Type: Engineering Services, Architectural Services, Surveying & Mapping Services, Geophysical Services, Laboratory Testing Services, Building Inspection Services, Drafting Services
2) By Application: Road, Rail, Port, Airport, Pipeline, Power, Other Applications
3) By Service Provider: Large Enterprise, Small and Medium Enterprise
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Western Europe was the largest region in the Architectural, Engineering Consultants And Related Services Market.
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Architectural, Engineering Consultants And Related Services Market Key Players
Major competitors in the Architectural, Engineering Consultants And 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
The Business Research Company's "Global Architectural, Engineering Consultants And Related Services Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Architectural, Engineering Consultants And Related Services Market Include:
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
......
22. Key Mergers And Acquisitions In The Architectural, Engineering Consultants And Related Services Market
23. Market Background: Design, Research, Promotional And Consulting Services Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer
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