Global Engineering Services Outsourcing (Eso) Market Size, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario and Forecasts, 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Global Engineering Services Outsourcing (ESO) Market

Size, Market Share, Application Analysis, Regional Outlook,

Growth, Trends, Competitive Scenario And Forecasts, 2012

To 2020

Industry Insights

The global Engineering Services Outsourcing market (ESO) is expected to exhibit considerable growth

over the forecast period. This can be attributed to constrained R&D budget due increased cost

pressures.

Dynamic consumer behavior resulting in shorter product life cycles is also expected to favorably impact

engineering services outsourcing market growth. In addition, several factors including improvement in

processes, enhanced efficiency, reduced time-to-market and cost advantage may also spur engineering

services outsourcing market growth over the next few years.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Aerospace and automotive OEMs (Original Equipment Manufacturers) emphasize on increasing and

strengthening associations and tie-ups with engineering services outsourcing vendors due to the need to

focus on crucial R&D activities. Security threats and issues pertaining to confidentiality that primarily

revolve around intellectual property (IP) may pose a challenge to engineering services outsourcing

market growth.

End-Use Insights

Several industries including telecom, pharmaceuticals, semiconductors, consumer electronics,

automotive, construction and aerospace outsource their specific engineering tasks. Engineering services

outsourcing vendors cater to diverse requirements of the aforementioned industries, which thereby

drives the market growth. Aero engines design, aero systems & interiors, aero structures design,

avionics and manufacturing are a few solutions provided by ESO vendors to the aerospace companies.

Consumer electronics is expected to emerge as a fast...