Global Energy Engineering Services Outsourcing Market Report By Service (R&D and Designing, Structuring & Layout, Digitization, Implementation & Maintenance), By Location (Onshore, Offshore), By Source (Renewable, Non-renewable, Chemical Processing) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027

ID:VMR11214043
January 2021
Report Formats:

Outsourcing is a vital empowering enabler for utility companies as they endeavor to contain costs, acquire higher proficiency, and improve client assistance. Outsourcing is assisting organizations with meeting monetary focuses by accomplishing operational excellence. This is the consequence of smoothed out cycles, a modernized foundation, and a defended back-office. By outsourcing some works, a utility company relieves costly spending on technology and human resources. By utilizing the capacities of an outsourcing provider, utility organizations can manage the current market circumstances on a more grounded balance.

Global Energy Engineering Services Outsourcing Market Share

STRUCTURING AND LAYOUT EMERGED AS A DOMINANT SEGMENT WITH OVER 30% SHARE. 
Structuring and layout involve plant construction and system & equipment installation. Engineering service providers offer structuring and layout services for large infrastructure projects, including solar and wind plants, oil and gas, hydro-electric. On-going and upcoming project plans drive the segment growth. The growth is also supported by the continuing investment by nations as an initiative to green energy. 

NON-RENEWABLE SEGMENT TO REMAIN DOMINATED THROUGHOUT THE FORECAST PERIOD. 
Declining oil reserves, increasing pollution, combined with the electrification of transportation, is improving non-renewable energy demand. The incentive for green infrastructure development, growing decarburization plans, and expansion into new technologies are several trends amplifying segment growth. These trends may foster collaboration that gives rise to outsourcing business models and helps advance the market.

THE ONSHORE SEGMENT HELD THE LARGEST REVENUE SHARE OF OVER 55% IN 2020.
The onshore segment is spurring owing to concerns with respect to data security and protection. Onshore services involve the offerings offered to an OEM by an ESO vendor operating in its home or origin country. The demographic factors such as communication, language, and working in the same time zone significantly contribute to the onshore segment's dominance over the forecast period.

ASIA PACIFIC WILL BE FAST PROGRESSING AT DOUBLE-DIGIT GROWTH RATE. 
Technological advancements, government support, and a shift towards alternative energy resources are the primary reason for rapid growth. A massive change in the energy landscape is being observed due to renewable power and the country’s political leaders' efforts to reduce carbon intensity. Increasing dedication by the nations for green development will demand the usage of smart grid technologies. These factors are expected to make the energy engineering services outsourcing in the Asia Pacific large and influential. Urbanization has resulted in the introduction of electric vehicles, and the region is aggressively promoting their use. The EVs are expected to add a considerable load to the electricity grid, thus the market.

PROMINENT PLAYERS IN THE MARKET:
Altair Engineering, Inc., ALTEN Group, ALTRAN, Assystem, Cyient, ESI Group, LUXOFT, Mott Macdonald, QuEST Global Services Pte. Ltd., Rilco Engineering Services, and Segula Technologies.

The global energy engineering services outsourcing market is likely to grow at a CAGR of 20% to reach over USD 688 billion in 2026. 
 
Outsourcing refers to the hiring of a full-service to a single-source vendor to assume full responsibility for service. Utility companies outsource services to focus on their core business, meet excellence, and enhance the overall process efficiency. By outsourcing some works, a utility company relieves costly spending on technology and human resources. By utilizing the capacities of an outsourcing provider, utility companies can manage the current market circumstances on a more grounded balance.
 
Market Dynamics
 
Electricity deregulation and the changing technology landscape have taken utility companies on a new route. Companies are striving hard to gain a competitive advantage. The growing shift from non-renewable to renewable and adopting new technologies like smart grid metering influences the global energy engineering services outsourcing market’s growth. Technological advancements within the utility sector like automation, real-time reporting, and analysis of key performance indicators associated with energy plant operations and equipment maintenance are foreseen to create lucrative opportunities to the market growth in the forthcoming years.
 
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
 
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of energy engineering services outsourcing.
 
Market Segmentation
 
The entire Energy Engineering Services Outsourcing market has been sub-categorized into service, location, source. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
 
By Service
  • R&D and Designing
  • Structuring & Layout
  • Digitization
  • Implementation & Maintenance
By Location
  • Onshore
  • Offshore
By Source
  • Renewable
  • Non-renewable
  • Chemical Processing
Regional Analysis
 
This section covers regional segmentation which accentuates on current and future demand for energy engineering services outsourcing market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
 
Europe Energy Engineering Services Outsourcing Market By Revenue (USD MN)
 
Global Energy Engineering Services Outsourcing Market Share
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the energy engineering services outsourcing market include Altair Engineering, Inc., ALTEN Group, ALTRAN, Assystem, Cyient, ESI Group, LUXOFT, Mott Macdonald, QuEST Global Services Pte. Ltd., Rilco Engineering Services, and Segula Technologies. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.                                         

METHODOLOGY:
 
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources,  Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
 
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . ENERGY ENGINEERING SERVICES OUTSOURCING – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Service
           3.7.2 By Location
           3.7.3 By Source
           3.7.4 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL ENERGY ENGINEERING SERVICES OUTSOURCING MARKET ANALYSIS BY SERVICE
       6.1 Overview by Service
       6.2 Historical and Forecast Data
       6.3 Analysis by Service
       6.4 R&D and Designing Market by Regions
       6.5 Structuring & Layout Market by Regions
       6.6 Digitization Market by Regions
       6.7 Implementation & Maintenance Market by Regions
 
7 . GLOBAL ENERGY ENGINEERING SERVICES OUTSOURCING MARKET ANALYSIS BY LOCATION
       7.1 Overview by Location
       7.2 Historical and Forecast Data
       7.3 Analysis by Location
       7.4 Onshore Market by Regions
       7.5 Offshore Market by Regions
 
8 . GLOBAL ENERGY ENGINEERING SERVICES OUTSOURCING MARKET ANALYSIS BY SOURCE
       8.1 Overview by Source
       8.2 Historical and Forecast Data
       8.3 Analysis by Source
       8.4 Renewable Market by Regions
       8.5 Non-renewable Market by Regions
       8.6 Chemical Processing Market by Regions
 
9 . GLOBAL ENERGY ENGINEERING SERVICES OUTSOURCING MARKET ANALYSIS BY GEOGRAPHY
       9.1. Regional Outlook
       9.2. Introduction
       9.3. North America
           9.3.1. Overview, Historic and Forecast Data
           9.3.2. North America By Segment
           9.3.3. North America By Country
           9.3.4. United State
           9.3.5. Canada
           9.3.6. Mexico
       9.4. Europe
           9.4.1. Overview, Historic and Forecast Data
           9.4.2. Europe by Segment
           9.4.3. Europe by Country
           9.4.4. United Kingdom
           9.4.5. France
           9.4.6. Germany
           9.4.7. Italy
           9.4.8. Russia
           9.4.9. Rest Of Europe
       9.5. Asia Pacific
           9.5.1. Overview, Historic and Forecast Data
           9.5.2. Asia Pacific by Segment
           9.5.3. Asia Pacific by Country
           9.5.4. China
           9.5.5. India
           9.5.6. Japan
           9.5.7. South Korea
           9.5.8. Australia
           9.5.9. Rest Of Asia Pacific
       9.6. Latin America
           9.6.1. Overview, Historic and Forecast Data
           9.6.2. Latin America by Segment
           9.6.3. Latin America by Country
           9.6.4. Brazil
           9.6.5. Argentina
           9.6.6. Peru
           9.6.7. Chile
           9.6.8. Rest of Latin America
       9.7. Middle East & Africa
           9.7.1. Overview, Historic and Forecast Data
           9.7.2. Middle East & Africa by Segment
           9.7.3. Middle East & Africa by Country
           9.7.4. Saudi Arabia
           9.7.5. UAE
           9.7.6. Israel
           9.7.7. South Africa
           9.7.8. Rest Of Middle East And Africa
 
10 . COMPETITIVE LANDSCAPE OF THE ENERGY ENGINEERING SERVICES OUTSOURCING COMPANIES
       10.1. Energy Engineering Services Outsourcing Market Competition
       10.2. Partnership/Collaboration/Agreement
       10.3. Merger And Acquisitions
       10.4. New Product Launch
       10.5. Other Developments
 
11 . COMPANY PROFILES OF ENERGY ENGINEERING SERVICES OUTSOURCING INDUSTRY
       11.1. Company Share Analysis
       11.2. Market Concentration Rate
       11.3. Altair Engineering, Inc.
           11.3.1. Company Overview
           11.3.2. Financials
           11.3.3. Products
           11.3.4. Recent Developments
       11.4. ALTEN Group
           11.4.1. Company Overview
           11.4.2. Financials
           11.4.3. Products
           11.4.4. Recent Developments
       11.5. ALTRAN, Assystem
           11.5.1. Company Overview
           11.5.2. Financials
           11.5.3. Products
           11.5.4. Recent Developments
       11.6. Cyient
           11.6.1. Company Overview
           11.6.2. Financials
           11.6.3. Products
           11.6.4. Recent Developments
       11.7. ESI Group
           11.7.1. Company Overview
           11.7.2. Financials
           11.7.3. Products
           11.7.4. Recent Developments
       11.8. LUXOFT
           11.8.1. Company Overview
           11.8.2. Financials
           11.8.3. Products
           11.8.4. Recent Developments
       11.9. Mott Macdonald
           11.9.1. Company Overview
           11.9.2. Financials
           11.9.3. Products
           11.9.4. Recent Developments
       11.10. QuEST Global Services Pte. Ltd.
           11.10.1. Company Overview
           11.10.2. Financials
           11.10.3. Products
           11.10.4. Recent Developments
       11.11. Rilco Engineering Services
           11.11.1. Company Overview
           11.11.2. Financials
           11.11.3. Products
           11.11.4. Recent Developments
       11.12. Segula Technologies
           11.12.1. Company Overview
           11.12.2. Financials
           11.12.3. Products
           11.12.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
 LIST OF TABLES
 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Service (USD MN)
  •  R&D and Designing Market by Geography (USD MN)
  •  Structuring & Layout Market by Geography (USD MN)
  •  Digitization Market by Geography (USD MN)
  •  Implementation & Maintenance Market by Geography (USD MN)
  •  Analysis Market by Location (USD MN)
  •  Onshore Market by Geography (USD MN)
  •  Offshore Market by Geography (USD MN)
  •  Analysis by Source (USD MN)
  •  Renewable Market by Geography (USD MN)
  •  Non-renewable Market by Geography (USD MN)
  •  Chemical Processing Market by Geography (USD MN)
  •  Global Energy Engineering Services Outsourcing Market by Geography (USD MN)
  •  North America Market Analysis (USD MN)
  •  United State Market Analysis (USD MN)
  •  Canada Market Analysis (USD MN)
  •  Mexico Market Analysis (USD MN)
  •  Europe Market Analysis (USD MN)
  •  Europe Market Estimate by Country (USD MN)
  •  United Kingdom Market Analysis (USD MN)
  •  France Market Analysis (USD MN)
  •  Germany Market Analysis (USD MN)
  •  Italy Market Analysis (USD MN)
  •  Russia Market Analysis (USD MN)
  •  Spain Market Analysis (USD MN)
  •  Rest of Europe Market Analysis (USD MN)
  •  Asia Pacific Market Analysis (USD MN)
  •  China Market Analysis (USD MN)
  •  Japan Market Analysis (USD MN)
  •  India Market Analysis (USD MN)
  •  South Korea Market Analysis (USD MN)
  •  Australia Market Analysis (USD MN)
  •  Rest of Asia Pacific Market Analysis (USD MN)
  •  Latin America Market Analysis (USD MN)
  •  Brazil Market Analysis (USD MN)
  •  Argentina Market Analysis (USD MN)
  •  Peru Market Analysis (USD MN)
  •  Chile Market Analysis (USD MN)
  •  Rest of Latin America Market Analysis (USD MN)
  •  Middle East & Africa Market Analysis (USD MN)
  •  Saudi Arabia Market Analysis (USD MN)
  •  UAE Market Analysis (USD MN)
  •  Israel Market Analysis (USD MN)
  •  South Africa Market Analysis (USD MN)
  •  Rest of Middle East and Africa Market Analysis (USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
 
 LIST OF FIGURES
 
  •  Research Scope of Energy Engineering Services Outsourcing Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Energy Engineering Services Outsourcing Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Service
  •  Market Attractiveness Analysis by Location
  •  Market Attractiveness Analysis by Source
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Service (USD MN)
  •  R&D and Designing Market by Geography (USD MN)
  •  Structuring & Layout Market by Geography (USD MN)
  •  Digitization Market by Geography (USD MN)
  •  Implementation & Maintenance Market by Geography (USD MN)
  •  Global Market Analysis by Location (USD MN)
  •  Onshore Market by Geography (USD MN)
  •  Offshore Market by Geography (USD MN)
  •  Global Market Analysis by Source (USD MN)
  •  Renewable Market by Geography (USD MN)
  •  Non-renewable Market by Geography (USD MN)
  •  Chemical Processing Market by Geography (USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Company Market Share Analysis, 2020
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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