The global aerospace engineering services outsourcing market size reached US$ 77.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 256.6 Billion by 2028, exhibiting a growth rate (CAGR) of 22.1% during 2023-2028. More Info:- https://www.imarcgroup.com/aerospace-engineering-services-outsourcing-market

1. Global Aerospace
Engineering Services
Outsourcing Market
Research and Forecast
Report 2023-2028
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved

2. About IMARC Group
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results.

3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Aerospace Engineering
Services Outsourcing Market: Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2023-2028," the global aerospace engineering
services outsourcing market size reached US$ 77.4 Billion in 2022.
Aerospace engineering, also known as aeronautical or astronautical
engineering, is a field of engineering that deals with the design, development,
testing, and production of aircraft, spacecraft, satellites, missiles, and related
systems and equipment. It utilizes computer-aided design (CAD) systems for
3D visualization of completed parts and assemblies and quick drafting and
modification of designs.
It aids in developing and integrating advanced technologies into aerospace
vehicle systems employed for defense, transportation, communications, and
exploration applications. In recent years, aerospace engineering services
outsourcing (ESO) has gained immense popularity as it assists manufacturers
in reducing operating expenses, improving component quality, minimizing
errors, and speeding up production time.
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market/requestsample

4. Report Description
Global Aerospace Engineering Services Outsourcing Market Trends:
The rapid expansion of the military and civil aviation sectors represents the primary factor driving the market growth.
Moreover, the growing need for specialized engineering sk ills and expertise that can be challenging to obtain, retain, and
develop internally is positively influencing the demand for aerospace ESO. This is further supported by the rising
challenges faced by the aerospace industry, such as an aging workforce, a shortage of skilled resources, and cost
pressures. Consequently, there has been widespread adoption of an increasing number and volume of designing- and
manufacturing -related services to cut operational costs. Additionally, there has been a significant rise in collaborations
between original equipment manufacturers (OEMs) and engineering service providers (ESPs) to leverage cost-effective
access to domain-specific technical expertise and higher production capacities. In line with this, the escalating demand
for aerospace ESO for after-market services, including maintenance, repair, and overhaul services (MROs), asset track ing
and management, and augmented reality (AR)-based or virtual reality (VR)-based training, has propelled the market
growth. Furthermore, the implementation of supportive government policies, such as stringent safety regulations and
airworthiness norms, has accelerated the adoption of aerospace ESO. Other factors, including the surging demand for
aircraft, increasing air travel, shifting focus toward green aviation, and heavy investments in research and development
(R&D) activities, are also creating a f avorable market outlook.
Looking forward, IMARC Group expects the market value to reach US$ 256.6 Billion by 2028, growing at a
CAGR of 22.1% during 2023-2028.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/aerospace-engineering-services-
outsourcing-market

5. Report
Segmentation
Breakup by Component:
• Hardware
• Software
Breakup by Service:
• Design and Engineering
• Manufacturing Support
• Security and Certification
• After-Market Services
Breakup by Location:
• On-Shore
• Off-Shore

6. Report
Segmentation
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

7. Competitive
Landscape with
Key Players
• Akka Technologies (Adecco Group)
• Altair Engineering Inc.
• ALTEN Group
• Bertrandt AG
• Capgemini Engineering (Capgemini SE)
• Edison Welding Institute
• Honeywell International Inc.
• L&T Technology Services Limited (Larsen &
Toubro Limited)
• Lisi SA

8. Key Questions
Answered in
the Report
How big is the global aerospace engineering services
outsourcing market?
What is the expected growth rate of the global aerospace
engineering services outsourcing market during 2023-2028?
What are the key factors driving the global aerospace
engineering services outsourcing market?
What has been the impact of COVID-19 on the global
aerospace engineering services outsourcing market?
What is the breakup of the global aerospace engineering
services outsourcing market based on the component?
What is the breakup of the global aerospace engineering
services outsourcing market based on the service?

9. Key Questions
Answered in
the Report
What is the breakup of the global aerospace
engineering services outsourcing market
based on the location?
What are the key regions in the global
aerospace engineering services
outsourcing market?
Who are the key players/companies in the
global aerospace engineering services
outsourcing market?

10. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Aerospace Engineering Services Outsourcing
Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Hardware
6.1.1 Mark et Trends
6.1.2 Mark et Forecast
6.2 Software
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
7 Market Breakup by Service
7.1 Design and Engineering
7.1.1 Mark et Trends
7.1.2 Mark et Forecast

11. Table of
Contents
7.2 Manufacturing Support
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
7.3 Security and Certification
7.3.1 Mark et Trends
7.3.2 Market Forecast
7.4 After-Market Services
7.4.1 Mark et Trends
7.4.2 Mark et Forecast
8 Market Breakup by Location
8.1 On-Shore
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Off-Shore
8.2.1 Market Trends
8.2.2 Mark et Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Mark et Trends
9.1.1.2 Mark et Forecast
9.1.2 Canada
9.1.2.1 Mark et Trends
9.1.2.2 Mark et Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Mark et Trends
9.2.1.2 Mark et Forecast
For more information, visit :
https://www.imarcgroup.com/aerospace -engineering-services-
outsourcing -market/toc

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