European Product Engineering Services Market

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
    Update Available - Forecast 2024-2030   

Published: Mar 2021 | Report Code: OMR2023216 | Category : Software & Solutions | Delivery Format: /

The European product engineering services market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the huge presence of end-use industry and expansion of global market players in the European region. The product engineering services market on the basis of service, organization size, and end-use industry. Based on service, the market is segmented into product and component design, process engineering, maintenance, repair & operations, and others. The product and component design services segment is further classified into new product development, design support services, software engineering, hardware engineering, and others. Based on organization size, the market is bifurcated into small and medium enterprises (SMEs) and large enterprises. Based on end-use industry, the market is segmented into automotive, aerospace & defense, healthcare, energy & utilities, industrial manufacturing, and others. Geographically, the European product engineering services market is segmented into the US and Canada. 

Geographically, European product engineering services market is segmented into Germany, UK, France, Italy, Spain, and rest of Europe. Germany contributed the significant share in the European product engineering services market, owing to the significant focus of the manufacturing companies in Germany in the delivery of effective products on time, to stay competitive in the global market. UK and France have a developed end-use industry providing a stable platform for the growth of the product engineering services market in the respective countries. Apart from the major European countries, Switzerland, the Netherlands, Denmark, Norway Ireland, Hungary, and Belgium are some other countries of Europe that are providing a significant contribution to the growth of the product engineering services market.

The European product engineering services market is influenced by product development and advancements conducted by the market players. The key players of the product engineering services market include IBM Corp., Accenture PLC, Damco Group, Wipro Ltd., Infosys Ltd., Pactera Technologies NA, Inc., Altran, UST Global, Inc., and Tech Mahindra Ltd. These players are playing a significant role in the growth of the product engineering services market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others. 

RESEARCH METHODOLOGY

The market study of the European product engineering services market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary sources include:

  • Financial reports of companies involved in the market
  • Whitepapers, research-papers, and news blogs
  • Company websites and their product catalog

The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

  1. European Product Engineering Services Market Research and Analysis by Component
  2. European Product Engineering Services Market Research and Analysis by Organization Size
  3. European Product Engineering Services Market Research and Analysis by End-Use Industry

The Report covers:

  • Comprehensive research methodology of the European product engineering services market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the European product engineering services market.
  • Insights about market determinants which are stimulating the European market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.

1. Report Summary

1.1. Research Methods and Tools

1.2. Market Breakdown

1.2.1. By Segments

1.2.2. By Geography

2. Market Overview and Insights

2.1. Scope of the Report

2.2. Analyst Insight & Current Market Trends

2.2.1. Key Findings

2.2.2. Recommendations

2.2.3. Conclusion

2.3. Rules & Regulations

3. Competitive Landscape

3.1. Company Share Analysis

3.2. Key Strategy Analysis

3.3. Key Company Analysis

3.3.1. Overview

3.3.2. Financial Analysis 

3.3.3. SWOT Analysis

3.3.4. Recent Developments

4. Market Determinants

4.1. Motivators

4.2. Restraints

4.3. Opportunities

5. Market Segmentation

5.1. European Product Engineering Services Market by Service 

5.1.1. Product and Component Design

5.1.1.1. New Product Development

5.1.1.2. Design Support Services

5.1.1.3. Software Engineering

5.1.1.4. Hardware Engineering

5.1.1.5. Others 

5.1.2. Process Engineering 

5.1.3. Maintenance, Repair, and Operations

5.1.4. Others 

5.2. European Product Engineering Services Market by Organization Size 

5.2.1. Small and Medium Enterprises (<1000 Employees)

5.2.2. Large Enterprises (>1000 Employees)

5.3. European Product Engineering Services Market by End-Use Industry 

5.3.1. Healthcare

5.3.2. Automotive

5.3.3. Aerospace & Defense

5.3.4. Energy & Utilities

5.3.5. Industrial Manufacturing

5.3.6. Others 

6. Regional Analysis

6.1. UK

6.2. Germany

6.3. Italy

6.4. Spain

6.5. France

6.6. Rest of Europe

7. Company Profiles

7.1. Accenture plc

7.2. Alten Group

7.3. Altran (Capgemini Service SAS)

7.4. Cognizant Organization Size Solutions Corp.

7.5. Cygnet Group of Companies

7.6. Damco Group

7.7. EPAM Systems, Inc.

7.8. Happiest Minds Technologies Pvt. Ltd.

7.9. IBM Corp.

7.10. Infosys Ltd.

7.11. Luxoft Holding, Inc.

7.12. Nous Infosystems

7.13. Pactera Technologies NA, Inc.

7.14. Rapidvalue Solutions

7.15. Sourceedge Software Technologies Pvt. Ltd.

7.16. Trigent Software, Inc.

7.17. UST Global, Inc.

7.18. Wipro Ltd.

1. EUROPEAN PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY SERVICE, 2019-2026 ($ MILLION)

2. EUROPEAN PRODUCT AND COMPONENT DESIGN SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)

3. EUROPEAN PROCESS ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)

4. EUROPEAN MAINTENANCE, REPAIR, & OPERATION SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)

5. EUROPEAN OTHER PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)

6. EUROPEAN PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2019-2026 ($ MILLION)

7. EUROPEAN PRODUCT ENGINEERING SERVICES IN SMES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)

8. EUROPEAN PRODUCT ENGINEERING SERVICES IN LARGE ENTERPRISES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)

9. EUROPEAN PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2019-2026 ($ MILLION)

10. EUROPEAN PRODUCT ENGINEERING SERVICES IN HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)

11. EUROPEAN PRODUCT ENGINEERING SERVICES IN AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)

12. EUROPEAN PRODUCT ENGINEERING SERVICES IN AEROSPACE & DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)

13. EUROPEAN PRODUCT ENGINEERING SERVICES IN ENERGY & UTILITIES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)

14. EUROPEAN PRODUCT ENGINEERING SERVICES IN INDUSTRIAL MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)

15. EUROPEAN OTHER END-USE INDUSTRIES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)

16. EUROPEAN PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)

17. UK PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY SERVICE, 2019-2026 ($ MILLION)

18. UK PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2019-2026 ($ MILLION)

19. UK PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2019-2026 ($ MILLION)

20. GERMANY PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY SERVICE, 2019-2026 ($ MILLION)

21. GERMANY PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2019-2026 ($ MILLION)

22. GERMANY PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2019-2026 ($ MILLION)

23. FRANCE PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY SERVICE, 2019-2026 ($ MILLION)

24. FRANCE PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2019-2026 ($ MILLION)

25. FRANCE PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2019-2026 ($ MILLION)

26. ITALY PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY SERVICE, 2019-2026 ($ MILLION)

27. ITALY PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2019-2026 ($ MILLION)

28. ITALY PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2019-2026 ($ MILLION)

29. SPAIN PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY SERVICE, 2019-2026 ($ MILLION)

30. SPAIN PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2019-2026 ($ MILLION)

31. SPAIN PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2019-2026 ($ MILLION)

32. REST OF EUROPE PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY SERVICE, 2019-2026 ($ MILLION)

33. REST OF EUROPE PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2019-2026 ($ MILLION)

34. REST OF EUROPE PRODUCT ENGINEERING SERVICES MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2019-2026 ($ MILLION)

1. EUROPEAN PRODUCT ENGINEERING SERVICES MARKET SHARE BY SERVICE, 2019 VS 2026 (%)

2. EUROPEAN PRODUCT ENGINEERING SERVICES MARKET SHARE BY ORGANIZATION SIZE, 2019 VS 2026 (%)

3. EUROPEAN PRODUCT ENGINEERING SERVICES MARKET SHARE BY END-USE INDUSTRY, 2019 VS 2026 (%)

4. EUROPEAN PRODUCT ENGINEERING SERVICES MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)

5. UK PRODUCT ENGINEERING SERVICES MARKET SIZE, 2019-2026 ($ MILLION)

6. FRANCE PRODUCT ENGINEERING SERVICES MARKET SIZE, 2019-2026 ($ MILLION)

7. GERMANY PRODUCT ENGINEERING SERVICES MARKET SIZE, 2019-2026 ($ MILLION)

8. ITALY PRODUCT ENGINEERING SERVICES MARKET SIZE, 2019-2026 ($ MILLION)

9. SPAIN PRODUCT ENGINEERING SERVICES MARKET SIZE, 2019-2026 ($ MILLION)

10. ROE PRODUCT ENGINEERING SERVICES MARKET SIZE, 2019-2026 ($ MILLION)