Engineering Services Outsourcing (ESO) Market Analysis By End-Use (Aerospace, Automotive, Construction, Consumer Electronics, Semiconductors, Pharmaceuticals, Telecom), And Segment Forecasts To 2020

Published: Sep, 2014 | Pages: 80 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)

The global engineering services outsourcing (ESO) market is expected to reach USD 415.74 billion by 2020. Increased cost pressures on global firms resulting in constrained R&D budgets is a primary driver for market growth over the forecast period. Additionally, shorter product life cycles owing to dynamic consumer buying behavior are also expected to favorably impact market growth.

Enhancement in production process, cost advantage and lowered time-to-market are some of the other factors expected to boost market growth. Threat of intellectual property (IP) theft may pose a challenge to industry growth as it results in significant losses for businesses. Legal enforcements in a few offshore locations make it difficult for prosecuting firms which misuse confidential data and patents.

Further key findings from the study suggest:

ESO demand in telecom accounted for over 20% of the overall market in 2013. Telecommunications service providers have been implementing operations and business support systems for ensuring smooth business operations. This requires significant back-end expertise and equipment, thus propelling the use of ESO in systems. The consumer electronics segment is expected to witness the fastest growth over the forecast period. This can be primarily attributed to drastic reduction in product life cycles, forcing companies to bring about product innovations at a faster rate.
Asia Pacific was the largest regional market in 2013, accounting for over 50% of the total demand; it is further expected to remain the market leader over the forecast period. This is mainly on account of the presence of a large talent pool, strong manufacturing base, emerging local demand and cost arbitrage in countries such as China and India. The market in Europe is expected to grow at a CAGR of over 25% from 2014 to 2020, owing to an inclination among several European firms to outsource engineering activities within the same country or within Western European nations for ensuring regulatory compliance.
Key industry participants include HCL Technologies Ltd, Wipro, Tata Consultancy Services and Infosys Ltd. Other companies operating in the market include VanceInfo Technologies Inc., Tata ELXSI, QuEST Global, MindTree Ltd., KPIT Cummins Infosystems Ltd., Infotech Enterprises Ltd., IGATE Corp., GlobalLogic, EPAM Services, Cybage Software Pvt. Ltd., Calsoft Labs, Aricent Group, etc.
For the purpose of this study, Grand View Research has segmented the global engineering services outsourcing market on the basis of end-use and region:

ESO End-Use Outlook (Revenue, USD Billion, 2012 - 2020)
Aerospace
Automotive
Construction
Consumer Electronics
Semiconductors
Pharmaceuticals
Telecom
Others
ESO Regional Outlook (Revenue, USD Billion, 2012 - 2020)
North America
Europe
Asia Pacific
RoW

 Table of Contents


Chapter 1.  Executive Summary

                1.1.  Engineering Services Outsourcing - Industry Summary and Critical Success Factors (CSFs)

Chapter 2.  ESO Industry Outlook

                2.1.  Market Segmentation

                2.2.  Market Size and Growth Prospects

                2.3.  ESO Value Chain Analysis

                2.4.  ESO Market Dynamics

                    2.4.1.  Market Driver Analysis

                        2.4.1.1.  Increased tie-ups between automotive OEMs and suppliers

                        2.4.1.2.  Cost reduction pressure

                        2.4.1.3.  Shorter product life cycles

                    2.4.2.  Market Restraint Analysis

                        2.4.2.1.  IP confidentiality and security threats

                2.5.  Key Opportunities Prioritized

                2.6.  Industry Analysis - Porter's

                2.7.  ESO - Company Market Share Analysis, 2013

                2.8.  ESO Market PESTEL Analysis, 2013

Chapter 3.  ESO End-Use Outlook

                3.1.  Aerospace

                    3.1.1.  Demand in aerospace, by region, (USD Billion), 2012 - 2020

                3.2.  Automotive

                    3.2.1.  Demand in automotive, by region, (USD Billion), 2012 - 2020

                3.3.  Construction

                    3.3.1.  Demand in construction, by region, (USD Billion), 2012 - 2020

                3.4.  Consumer Electronics

                    3.4.1.  Demand in consumer electronics, by region, (USD Billion), 2012 - 2020

                3.5.  Semiconductors

                    3.5.1.  Demand in semiconductors, by region, (USD Billion), 2012 - 2020

                3.6.  Pharmaceuticals

                    3.6.1.  Demand in pharmaceuticals, by region, (USD Billion), 2012 - 2020

                3.7.  Telecom

                    3.7.1.  Demand in telecom, by region, (USD Billion), 2012 - 2020

                3.8.  Others

                    3.8.1.  Demand in other end-use industries, by region, (USD Billion), 2012 - 2020

Chapter 4.  ESO Regional Outlook 

                4.1.  North America

                    4.1.1.  North America engineering services outsourcing market by end-use, (USD Billion), 2012 - 2020

                4.2.  Europe

                    4.2.1.  Europe engineering services outsourcing market by end-use, (USD Billion), 2012 - 2020

                4.3.  Asia Pacific

                    4.3.1.  Asia Pacific engineering services outsourcing market by end-use, (USD Billion), 2012 - 2020

                4.4.  RoW

                    4.4.1.  RoW engineering services outsourcing market by end-use, (USD Billion), 2012 - 2020

Chapter 5  ESO Competitive Landscape

                5.1 Aricent Group

                    5.1.1 Company Overview

                    5.1.2 Financial Performance

                    5.1.3 Product Benchmarking

                    5.1.4 Strategic Initiatives

                5.2 Calsoft Labs

                    5.2.1 Company Overview

                    5.2.2 Financial Performance

                    5.2.3 Product Benchmarking

                    5.2.4 Strategic Initiatives

                5.3 Cybage Software Pvt. Ltd.

                    5.3.1 Company Overview

                    5.3.2 Financial Performance

                    5.3.3 Product Benchmarking

                    5.3.4 Strategic Initiatives

                5.4 Cyient (Infotech Enterprises Ltd.)

                    5.4.1 Company Overview

                    5.4.2 Financial Performance

                    5.4.3 Product Benchmarking

                    5.4.4 Strategic Initiatives

                5.5 EPAM Systems Inc.

                    5.5.1  Company Overview

                    5.5.2  Financial Performance

                    5.5.3  Product Benchmarking

                    5.5.4  Strategic Initiatives

                5.6  GlobalLogic Inc.

                    5.6.1 Company Overview

                    5.6.2 Financial Performance

                    5.6.3 Product Benchmarking

                    5.6.4 Strategic Initiatives

                5.7  HCL Technologies Ltd.

                    5.7.1 Company Overview

                    5.7.2 Financial Performance

                    5.7.3 Product Benchmarking

                    5.7.4 Strategic Initiatives

                5.8  IGATE Corp.

                    5.8.1 Company Overview

                    5.8.2 Financial Performance

                    5.8.3 Product Benchmarking

                    5.8.4 Strategic Initiatives

                5.9  Infosys Ltd.

                    5.9.1 Company Overview

                    5.9.2 Financial Performance

                    5.9.3 Product Benchmarking

                    5.9.4 Strategic Initiatives

                5.10  KPIT Technologies Limited (KPIT Cummins Infosystems Ltd.)

                    5.10.1 Company Overview

                    5.10.2 Financial Performance

                    5.10.3 Product Benchmarking

                    5.10.4 Strategic Initiatives

                5.11  Luxoft

                    5.11.1 Company Overview

                    5.11.2 Financial Performance

                    5.11.3 Product Benchmarking

                    5.11.4 Strategic Initiatives

                5.12  Mindfire Solutions

                    5.12.1 Company Overview

                    5.12.2 Financial Performance

                    5.12.3 Product Benchmarking

                    5.12.4 Strategic Initiatives

                5.13  MindTree Ltd.

                    5.13.1 Company Overview

                    5.13.2 Financial Performance

                    5.13.3 Product Benchmarking

                    5.13.4 Strategic Initiatives

                5.14  Pactera Technology International Ltd. (Vanceinfo Technologies Inc.)

                    5.14.1 Company Overview

                    5.14.2 Financial Performance

                    5.14.3 Product Benchmarking

                    5.14.4 Strategic Initiatives

                5.15  QuEST Global Services Pte. Ltd.

                    5.15.1 Company Overview

                    5.15.2 Financial Performance

                    5.15.3 Product Benchmarking

                    5.15.4 Strategic Initiatives

                5.16 Sonata Software Ltd.

                    5.16.1 Company Overview

                    5.16.2 Financial Performance

                    5.16.3 Product Benchmarking

                    5.16.4 Strategic Initiatives

                5.17  Symphony Teleca Corp.

                    5.17.1 Company Overview

                    5.17.2 Financial Performance

                    5.17.3 Product Benchmarking

                    5.17.4 Strategic Initiatives

                5.18 Tata Consultancy Services

                    5.18.1 Company Overview

                    5.18.2 Financial Performance

                    5.18.3 Product Benchmarking

                    5.18.4 Strategic Initiatives

                5.19  Tata Elxsi Ltd.

                    5.19.1 Company Overview

                    5.19.2 Financial Performance

                    5.19.3 Product Benchmarking

                    5.19.4 Strategic Initiatives

                5.20  Tech Mahindra

                    5.20.1 Company Overview

                    5.20.2 Financial Performance

                    5.20.3 Product Benchmarking

                    5.20.4 Strategic Initiatives

               5.21  Wipro Ltd.

                    5.21.1 Company Overview

                    5.21.2 Financial Performance

                    5.21.3 Product Benchmarking

                    5.21.4 Strategic Initiatives

Chapter 6.  Methodology and Scope                                  

                6.1.  Research Methodology                                            

                6.2.  Research Scope & Assumption                                           

                6.3.  List of Data Sources             


List of Tables


1. Engineering Services Outsourcing - Industry Summary & Critical Success Factors (CSFs)
2. Global engineering services outsourcing market (USD Billion), 2012 - 2020
3. Global engineering services outsourcing market by region (USD Billion), 2012 - 2020
4. Global engineering services outsourcing market by end-use (USD Billion), 2012 - 2020
5. Global engineering services outsourcing demand in aerospace (USD Billion), 2012 - 2020
6. Global engineering services outsourcing demand in aerospace, by region, (USD Billion), 2012 - 2020
7. Global engineering services outsourcing demand in automotive (USD Billion), 2012 - 2020
8. Global engineering services outsourcing demand in automotive, by region, (USD Billion), 2012 - 2020
9. Global engineering services outsourcing demand in construction (USD Billion), 2012 - 2020
10. Global engineering services outsourcing demand in construction, by region, (USD Billion), 2012 - 2020
11. Global engineering services outsourcing demand in consumer electronics (USD Billion), 2012 - 2020
12. Global engineering services outsourcing demand in consumer electronics, by region, (USD Billion), 2012 - 2020
13. Global engineering services outsourcing demand in semiconductors (USD Billion), 2012 - 2020
14. Global engineering services outsourcing demand in semiconductors, by region, (USD Billion), 2012 - 2020
15. Global engineering services outsourcing demand in pharmaceuticals (USD Billion), 2012 - 2020
16. Global engineering services outsourcing demand in pharmaceuticals, by region, (USD Billion), 2012 - 2020
17. Global engineering services outsourcing demand in telecom (USD Billion), 2012 - 2020
18. Global engineering services outsourcing demand in telecom, by region, (USD Billion), 2012 - 2020
19. Global engineering services outsourcing demand in other end-use industries (USD Billion), 2012 - 2020
20. Global engineering services outsourcing demand in other end-use industries, by region, (USD Billion), 2012 - 2020
21. North America engineering services outsourcing market by end-use (USD Billion), 2012 - 2020
22. Europe Engineering Services Outsourcing market by end-use (USD Billion), 2012 - 2020
23. Asia Pacific Engineering Services Outsourcing market by end-use (USD Billion), 2012 - 2020
24. RoW Engineering Services Outsourcing market by end-use (USD Billion), 2012 - 2020


List of Figures

1. Engineering Services Outsourcing Market Segmentation
2. Global engineering services outsourcing market (USD Billion), 2012 - 2020
3. Engineering services outsourcing value chain analysis
4. Engineering services outsourcing market dynamics
5. Engineering services outsourcing - Company market share analysis, 2013
6. Key Opportunities Prioritized
7. Industry Analysis - Porter's
8. Engineering Services Outsourcing PESTEL Analysis, 2013
9. Engineering Services Outsourcing market share by end-use, 2013 & 2020
10. Global engineering services outsourcing demand in aerospace (USD Billion), 2012-2020
11. Global engineering services outsourcing demand in automotive (USD Billion), 2012-2020
12. Global engineering services outsourcing demand in construction (USD Billion), 2012-2020
13. Global engineering services outsourcing demand in consumer electronics (USD Billion), 2012-2020
14. Global engineering services outsourcing demand in semiconductors (USD Billion), 2012-2020
15. Global engineering services outsourcing demand in pharmaceuticals (USD Billion), 2012-2020
16. Global engineering services outsourcing demand in telecom (USD Billion), 2012-2020
17. Global engineering services outsourcing demand in other applications (USD Billion), 2012-2020
18. Engineering Services Outsourcing market share by region, 2013 & 2020
19. North America engineering services outsourcing market, by end-use (USD Billion), 2012 - 2020
20. Europe engineering services outsourcing market, by end-use (USD Billion), 2012 - 2020
21. Asia Pacific engineering services outsourcing market, by end-use (USD Billion), 2012 - 2020
22. RoW engineering services outsourcing market, by end-use (USD Billion), 2012 - 2020