Architecture, Engineering Consultants And Other Related Services Market Global Briefing 2018

Architecture, Engineering Consultants And Other Related Services Market Global Briefing 2018

  • January 2018 •
  • 42 pages •
  • Report ID: 5292973 •
  • Format: PDF
Architecture, engineering consultants and other related services comprise activities that provide support to planning and designing of construction related businesses of all sizes across all industries. Business entities that are engaged in providing architecture, engineering consultants and other related services are generally referred as architectural firms or engineering consultancy firms.

Western Europe was the largest region in the architectural, engineering consultants and related services market in 2017, accounting for around 31% market share. This was mainly due to high demand for residential, commercial, industrial and landscape architectural services in the region.

North America was the second largest region accounting for around 28% market share. Africa was the smallest region accounting for around 4% market share.

Rising costs and increasing competition among the architectural, engineering firms is expected to drive architecture, engineering and related service companies’ consolidation and restructuring in the forecast period. According to a survey of architecture and interior design firms by Zweig Group 2015, almost 70% of the firms said that they are considering either merger or acquisition in the next five years, thereby indicating high merger activity over the next five years in the architecture and engineering services industry.
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