Eso market

Engineering Services Outsourcing
Market
Set to Exceed $1.82 Trillion By 2026 |CAGR: 21.0%
Forecast to 2020

ESO Market Size to Reach $1.82 Trillion By 2026
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“Global Engineering Services Outsourcing (ESO) Market Size, Share, Trends &
Industry Analysis Report By Location Outlook (Onshore, Offshore); By Application
Outlook (Automotive, Energy, Network & Communications, Industrial Automation,
Medical Technology, Industrial Electronics and Automated Embedded Engineering
Services, Consumer Electronics, Semiconductors, Construction, Aerospace); By
Regions; Segment Forecast, 2019 – 2026”
The global engineering services outsourcing (ESO) market size was estimated to be at 402.4 billion
in 2018 and is anticipated to grow at a CAGR of 21.0% from 2019 to 2026 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 pureplay ESO 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 ESO services to expand 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.
The engineering services outsourcing market has been evolved from outsourcing of simple low-cost
engineering services to capacity augmentation. These days companies are focusing more on reduced
timelines, increased productivity and quality of outsourcing services. Countries such as India, China
are the biggest market for ESO providers. Growing number of engineering professionals every year
coupled with low cost of service have pushed the market for ESO in this region.
Browse Detailed Research Report On Engineering Services Outsourcing (ESO) Market
Analysis: https://www.polarismarketresearch.com/industry-analysis/engineering-services-
outsourcing-market
Companies in North America and Europe are considered to spend more on these services however,
Asia Pacific is the largest market for the ESO service providers. Countries such as India and China
have pushed the market for ESO and are estimated to continue the trend over the forecast period.
ESO applications in the automotive, telecom, consumer electronics and aerospace segments is
considered to have large market share in 2018.

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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.
Major players which are profiled in the study include HCL Technologies Limited, IAV GmbH, P+Z
Engineering GmbH, Tata Consulting Services Limited, Wipro Limited, EDAG Engineering GmbH,
ASAP Holdings GmbH, FEV Group, Cybage software, Kistler Instruments AG, Infosys Ltd, among
others.
Request for sample: https://www.polarismarketresearch.com/industry-analysis/engineering-
services-outsourcing-market/request-for-sample
Table of Contents
1. Overview and Scope
1.1. Research Methodology
1.2. Research Scope and Assumptions
1.3. List of Data Sources
2. Executive Summary
3. Market Snapshot

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4. Engineering services outsourcing Industry Outlook
4.1. Outsourcing Classification
4.2. ESO Value Chain Analysis
4.3. ESO Services Evolution
4.4. ESO market dynamics
4.4.1. Engineering services outsourcing – Market Forces
4.4.1.1. Engineering services outsourcing Market driver analysis
4.4.1.2. Engineering services outsourcing Market restraint/challenges analysis
4.4.2. Industry analysis - Porter's five force
4.4.2.1.
4.4.2.1.1. Bargaining power of supplier
4.4.2.1.2. Bargaining power of buyer
4.4.2.1.3. Threat of substitute
4.4.2.1.4. Threat of new entrant
4.4.2.1.5. Degree of competition
4.4.3. Engineering services outsourcing market PEST analysis, 2018
5. Engineering services outsourcing Market: Automotive Application Estimates & Trend
Analysis, 2019-2026
5.1. Changing Role & Participation of Automotive ESO Providers
5.1.1. Autonomous driving
5.1.2. Connected cars
5.1.3. Lightweight construction
5.1.4. Electric mobility
5.2. Automotive ESO Market
5.2.1. Designing
5.2.2. Prototyping
5.2.3. System Integration
5.2.4. Testing
6. Engineering services outsourcing Market: Energy Application Estimates & Trend
Analysis, 2019-2026
6.1. Energy ESO market- Evolution, current scenario, and prospects
6.2. Energy ESO market
6.2.1. R&D and Designing
6.2.2. Set-up (Structuring and Layout)
6.2.3. Implementation
7. Engineering services outsourcing Market: Medical Technology Application Estimates
& Trend Analysis, 2019-2026
7.1. Medical Technology ESO market- Evolution, current scenario, and prospects
7.2. Medical Application ESO Market
7.2.1. Product Lifecycle Management
7.2.2. Remote Monitoring and Diagnostics
7.2.3. Unique Device Identification
8. Engineering services outsourcing Market: Industrial Electronics and Automated
Embedded Engineering Services Estimates & Trend Analysis, 2019-2026
8.1. Industrial Electronics and Automated Embedded Engineering Services ESO market-
Current scenario, and prospects
8.2. Industrial Electronics and Automated Embedded Engineering Services ESO Market
8.2.1. Product Engineering Designing
8.2.2. Development of Prototypes
8.2.3. Production Support

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9. Engineering services outsourcing Market: Industrial Automation Application
Estimates & Trend Analysis, 2019-2026
9.1. Industrial Automation ESO market - Current Scenario, and Prospects
9.2. Industrial Automation ESO Market
9.2.1. Product Development
9.2.2. Process Automation
9.2.3. Factory Automation
9.2.4. Supply Chain Management
10. Engineering services outsourcing Market: Network & Communications Application
Estimates & Trend Analysis, 2019-2026
10.1. Network and Communications ESO market - Evolution, current scenario, and
prospects
10.2. Network and Communications - ESO Market
10.2.1.Network Design Services
10.2.2.GIS Integration & Geospatial Data Analysis
10.2.3.Network Inventory Management
11. Engineering services outsourcing Market: Aerospace, Consumer Electronics,
Semiconductor & Construction Application Estimates & Trend Analysis, 2019-2026
11.1. Key Findings
11.2. Aerospace
11.3. Construction
11.4. Consumer Electronics
11.5. Semiconductors
12. Engineering services outsourcing Market: Location Type Estimates & Trend Analysis,
2019-2026
12.1. Engineering Services Outsourcing Market: Location Type Analysis
12.1.1.On Shore ESO Market
12.1.2.Off Shore ESO Market
13. Engineering services outsourcing Market Size and Forecast by Regions,2019-2026
13.1. Key findings
13.2. North America
13.2.1.U.S.
13.2.2.Canada
13.3. Europe
13.3.1.Germany
13.3.2.UK
13.3.3.France
13.4. Asia Pacific
13.4.1.China
13.4.2.India
13.4.3.Japan
13.5. South America
13.5.1.Brazil
13.5.2.Mexico
13.6. Middle East & Africa
14. Company Profiles
14.1. HTE Engineering, LLC
14.1.1.Company overview
14.1.2.Product benchmarking
14.1.3.Key Highlights
14.2. L&T-MHPS Turbine Generators Private Limited

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14.3. Vikram Solar Pvt. Ltd.
14.4. Goldi Green Technologies Pvt. Ltd.
14.5. Starkstrom Aktiengesellschaft (SAG) Group
14.6. STEAG Energy Services GmbH
14.6.3.Recent developments & Key Highlights
14.7. Cyient Limited
14.8. PM Group
14.9. Nordex SE
14.10. PlanET Biogas Global GmbH
14.10.1. Company overview
14.10.2. Product benchmarking
14.10.3. Recent developments & Key Highlights
14.11. List of other prominent players
14.11.1. AVL List GmbH
14.11.1.1. Company Overview
14.11.1.2. Product Benchmarking
14.11.1.3. Strategic Initiatives
14.11.2. Bertrandt
14.11.2.2. Financial Performance
14.11.3. EDAG Engineering GmbH
14.11.4. IAV GmbH

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14.11.5. HORIBA, Ltd.
14.11.6. Altran Technologies S.A.
14.11.7. FEV Group
14.11.8. MBtech Group GmbH
14.11.9. Alten GmbH
14.11.10. Kistler Instrumente AG
14.11.11. Altair Engineering, Inc.
14.11.12. Gigatronik
14.11.13. P3 Automotive GmbH
14.11.14. ESG Elektroniksystem- und Logistik-GmbH
14.11.15. RLE International Inc.
14.11.16. P+Z Engineering GmbH

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14.11.17. M Plan GmbH
14.11.18. ASAP Holding GmbH
14.11.19. ITK Engineering GmbH
14.11.20. Aricent Group
14.11.21. Cybage Software Pvt. Ltd.
14.11.22. EPAM Systems Inc.
14.11.22.4. Strategic Initiative
14.11.23. GlobalLogic Inc.
14.11.24. HCL Technologies
14.11.25. Infosys Ltd.
14.11.26. Cyient (Infotech Enterprises Ltd.)
14.11.27. KPIT Technologies Limited (KPIT Cummins Infosystems Ltd.)
14.11.28. Luxoft

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14.11.29. Mindfire Solutions
14.11.30. MindTree Ltd.
14.11.30.2. Financial performance
14.11.31. QuEST Global Services Pte. Ltd.
14.11.32. Sonata Software
14.11.33. Tata Elxsi
14.11.34. Tata Consultancy Services
14.11.35. Tech Mahindra
14.11.36. Pactera Technology International Ltd. (Vanceinfo Technologies Inc.)
14.11.37. Wipro Ltd.
14.11.38. Venture Corporation Limited
14.11.39. Benchmark Electronics, Inc.
14.11.40. Celestica, Inc.

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14.11.40.4. Strategic Developments
14.11.41. Compal Electronics, Inc.
14.11.42. Creation Technologies LP
14.11.43. Plexus Corporation
Access Press Release on Engineering Services Outsourcing Market:
https://www.polarismarketresearch.com/press-releases/engineering-services-outsourcing-
market
About Polaris Market Research
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specializes in providing exceptional market intelligence and in-depth business research services for
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