This in-depth market data research is split into two key modules: Market Growth Outlook and Competitive Analysis. Each of these modules is further configured into several sub-modules to meet the needs of executives as well as marketing, sales, and product development managers. All of these modules and sub-modules may be purchased as a bundle or separately. A brief description of these modules, sub-modules, and their use cases is included below.
The Engineering Services by Indian Global Service Providers market research delivers current market analysis plus a five-year market and technology forecast.
Engineering services provide a broad range of technical services, including mechanical, electrical, mechatronics, software, information technology (IT), business process management, and more. This is essential for the development of product concepts; product and industrial design; automation of plants; mechanical, electrical, and embedded system designs; maintenance of products and plants; asset management; product lifecycle-related services; detailed engineering; testing; and prototyping. In many organizations, engineering services are usually key activities among all engineering companies, startups, and IT providers.
ARC groups engineering services into four major categories: product engineering, process engineering, automation-related services, and asset management-related services.
Rapid Growth in the Engineering Services Market Driven by Integration of Automation and Technology
ARC Advisory Group research on the Engineering Services by Indian Global Service Providers market reveals that the integration of automation and technology innovations are driving this market. Engineering services play a key role in the efficiency and productivity of manufacturing industries. For that reason, a high level of efficiency is needed at the engineering stage, as the first step toward better production.
Engineering service providers will find more opportunities in the future in efficient interoperability of all automation components, based on open system architecture that covers the entire production process with consistent data management, global standards, and uniform hardware and software interfaces. R&D benefits from data analytics and machine learning, allow engineers to analyze large datasets for trends, patterns, and insights. This helps in making data-driven decisions and improving the design process.
Engineering Services Strategic Issues
In addition to providing a five-year market forecast, the Engineering Services Market Research provides current detailed quantitative market data and addresses key strategic issues as follows.
Identify Needed Technical Capabilities
Outsourced engineering services have vast untapped potential with many firms not engaging since selling and delivering is long with complex business agreements.
GSPs Have Developed Advanced Capabilities
Some Indian IT service providers have built out engineering services practices to deliver on the creative process of product design and engineering and offer offshoring IT infrastructure and support services. Offshoring IT and the corresponding IT-enabled services in India have come a long way since inception. Engineering service providers based in India can now provide innovative and differentiated solutions and help make up for the current skills shortage in developed regions.
The engineering services industry has evolved in the last decade. In the early 2000s, India was viewed as a cost-effective source for commodity IT skills, thus some non-critical IT functionalities were outsourced to the country’s GSPs. Over time, India-based GSPs evolved into solution providers that could understand and help solve customers’ business problems. More recently, global clients have considered India’s GSPs for more strategic roles like co-innovation and joint development projects, often based on a risk-sharing model. GSPs based in India have proven that they are ready to take up challenges, primarily due to the availability of engineers, service-oriented suppliers, and domain expertise.
Today’s engineering service providers are expected to provide a variety of services such as concept development, design, automation enablement, and maintenance-related services. Engineering services can help customers across many major industry segments save time and money and simplify complicated manufacturing activities.
Start with Current Needs and Consider Future Expansion
When selecting a service provider, customers usually start by creating a list of needed engineering capabilities, addressing certain business challenges, or seeking improved and innovative solutions. Organizations often have to choose between carrying out the engineering services in-house through a global in-house center and outsourcing them to an engineering services provider. The decision should be based on a thorough understanding of the specific challenges faced, such as adapting to newer technologies, catering to new geographies, pressure from competition, cost containment, and lack of in-house capabilities.
Market Data Research Available Datasets
Market Growth Outlook
ARC’s market growth outlook service delivers an in-depth market opportunity analysis including five-year market and technology forecasts and 3-year history trend lines where available. Besides providing an in-depth analysis of the market opportunity provided by each technology, this service allows technology suppliers to analyze their own customized markets consisting of multiple technologies. For example, customers can view different market scenarios by adding or removing technology markets from the analysis, providing them a Total Available Market (TAM) view of their own served market. A list of the available market growth outlook services can be seen in the list below.
This service is designed to help accelerate your organization's ability to understand an up-to-date view of the market opportunity provided by your current product portfolio and analyze how your company’s market opportunity would change if you were to acquire or divest a particular product line. The service will also help you identify and capitalize on emerging markets, whether these markets are based on an emerging technology, region, vertical industry, or application. Built upon a proprietary market model and ARC’s field proven primary research, this service helps product and marketing managers optimize their business plans by identifying the opportunities provided by emerging trends. ARC’s reputation as the preeminent independent provider of market growth opportunity analyses for nearly four decades also provides greater weight to your business plans. ARC’s market growth outlook services are available in a variety of formats depending on whether you view your market opportunities via different technologies, industries, or world regions.
In addition, ARC has a strong history of providing customized market opportunity reports and services to meet your specific needs. For example, you may sell your products only to specific industries and/or in only one or two regions. You tell us your served markets and ARC can quickly configure a report or service designed to best serve your served market.
ARC provides several versions of these reports and services depending on your role in the organization. Executive Views are high level market opportunities designed to help executives quickly identify key trends and market opportunities around the world. In-depth market opportunity analyses provide marketing and product managers more detailed technology specific market information to plan marketing and product development strategies. The following table shows more specific information included in each version.
| Market Growth Outlook Analysis | Use Cases | Target Role |
| Worldwide Market Growth Outlook by Industry & Region with 3-year history where available | In-depth technology-specific strategic growth planning across multiple technologies, applications, regions, and industries | Product & Marketing Managers |
| Worldwide Industry Growth Outlook by Region with 3-year history where available | Strategic technology growth planning for markets defined by a single or multiple vertical industries | Industry Managers |
| Regional/Country Market Growth Outlook by Technology & Industry with 3-year history where available (includes country data) | Strategic technology growth planning for markets defined by a single or multiple world regions | Regional & Country Sales Managers |
| Market Growth Outlook Executive View | Strategic Total Available Market (TAM) growth planning dashboard covering multiple vertical industries, technologies, and world regions | Executives |
Market Competitive Analysis
ARC’s Competitive Analysis services deliver in depth competitive analyses across multiple technologies, applications, regions, and industries. Besides providing an in-depth analysis of the market opportunity provided by each technology, this service allows technology suppliers to analyze their own customized markets consisting of multiple technologies. For example, customers can view different market scenarios by adding or removing technology markets from the analysis, providing them a Total Available Market (TAM) view of their own served market. A list of the available market growth outlook services can be seen in the list below.
This service is designed to help product and marketing managers identify their company’s market positioning across multiple views within their Serviceable Available Market (SAM). Built upon a proprietary market model and ARC’s field proven primary research, this service helps product and marketing managers optimize their business plans by identifying how their company’s market position would change if the company were to acquire or divest a particular product line or technology. ARC’s reputation as the preeminent independent provider of competitive market benchmarking for nearly four decades lends greater weight to your business plans. ARC’s market competitive services are available in a variety of formats depending on whether you view your market opportunities via different technologies, industries, or world regions.
In addition, ARC has a strong history of providing customized market opportunity reports and services to meet the specific needs of our clients. For example, you may sell your products only to specific industries and/or in only one or two regions. You tell us your served markets and ARC can quickly configure a report or service designed to best serve your served market.
ARC provides several versions of these reports and services depending on your role in the organization. Executive Views are high level market competitive analyses designed to help executives quickly assess their SAM by world region, technology, or vertical industry. In-depth competitive market analyses provide marketing and product managers more detailed technology specific benchmarking information to plan marketing and product development strategies. The following table shows more specific information included in each version.
| Competitive Analysis | Use Cases | Target Role |
| Worldwide Competitive Analysis by Technology | In-depth competitive market analysis that quantifies how your company’s market position has changed over time across multiple technologies, applications, regions, and industries | Product & Marketing Managers |
| Worldwide Competitive Analysis by Industry | Strategic technology-based competitive analyses for markets defined by a single or multiple vertical industries | Industry Managers |
| Regional/Country Competitive Analysis by Industry | Strategic technology-based competitive analyses for markets defined by a single or multiple world regions | Regional Sales Managers |
| Competitive Analysis Executive View | Strategic Serviceable Available Market (SAM) analysis dashboard covering multiple vertical industries, technologies, and world regions | Executives |
Worldwide Research Focus Areas
Worldwide Research Focus Areas
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