Meet Abi
Abi will answer all Engineering and Design Services related
procurement queries with relevant data points
Abi - AI powered digital procurement assistant
Discover Market Info
Get up-to-date market and supplier info on Engineering and Design Services to help you build
Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
Manage Risk
Assess Supplier Risk based on key risk and compliance parameters
Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.
Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus
Find Suppliers
Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography
Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings
Assess Category Performance
Benchmark your category performance against peers and the market
Measure category performance on 15 key parameters across cost, risk and strategy KPIs
Source Market Indices
Get information on key factors affecting your supply
Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics
Meet Abi
Discover Market Info
Manage Risk
Find Suppliers
Assess Category Performance
Source Market Indices
Abi will answer all Engineering and Design Services related
procurement queries with relevant data points
Abi - AI powered digital procurement assistant
Get up-to-date market and supplier info on Engineering and Design Services to help you build
Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
Assess Supplier Risk based on key risk and compliance parameters
Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.
Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus
Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography
Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings
Benchmark your category performance against peers and the market
Measure category performance on 15 key parameters across cost, risk and strategy KPIs
Get information on key factors affecting your supply
Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics
1-3 Percent
$272 Bn
$349 Bn
$689 Bn
Category Intelligence on Engineering and Design Services covers the following
The industry is highly fragmented across all regions, with the top 30 firms accounting for around 12–14 percent of the market share in 2017. In the US, several firms are indulging in horizontal merger, due to the increasing demand for a ‘one-stop-shop' for ED solutions
Buyers from the process industry, especially biotechnology, chemical, and pharmaceuticals sectors, prefer engaging with service providers, who provide turnkey solutions in designing advanced technology facilities.
High engineering services market maturity regions include North America, Western Europe And Australia. Medium engineering services market maturity regions are India, China, Brazil, Chile and Mexico. The engineering services industry outlook shows that there are new investments for industry expansion and large infrastructure investments in countries such as India, Indonesia and China are fueling the growth of ED services. The engineering services market analysis shows that increased outsourcing to emerging economies benefit developed economies, due to the availability of low- cost talent pool.
Buyers prefer engaging with integrated service providers, primarily for megaprojects, in order to reduce time in negotiations and minimal documentation. Industrial buyers with large-scale projects and multiple spending in a region can obtain cost advantages through bundling of ED services.
Drivers
Constraints
The engineering industry analysis shows that the KPIs are Predictability of Design, Schedule Variance, Predictability of Design Cost, Committed Cost and Unapproved
Change Orders. The major technology-related engineering industry trends include 3D Laser Scanning, BIM 4D/5D, Augmented Reality, Reprographics, 3D Printing and Construction Robotics. Supplier availability and supplier market maturity are the key factors that influence decision making. In markets where the supplier maturity is high, project owner can transfer the risk to the contractor, based on past experience and capabilities with confidence.
Complimentary 12-month access to Beroe LiVE
COVID-19: Assess impact on your suppliers and ensure business continuity with Beroe’s WIRE
(World Instant Risk Exposure)