Engineering services market seen reaching $1.37 trillion by 2030

By AI, Created 2:22 PM UTC, June 03, 2026, /AGP/ – The Business Research Company says the global engineering services market will grow from $1.14 trillion in 2025 to $1.37 trillion by 2030, supported by digital engineering, sustainability, smart infrastructure and faster product validation. North America led the market in 2025, while the report points to broader demand for specialized engineering expertise across industries.

Why it matters: - Engineering services support product development, design, simulation and testing across industries that are handling more complex projects. - The market’s growth points to stronger demand for outside engineering expertise as companies invest in infrastructure, manufacturing and technology upgrades. - The report also suggests that digital engineering and sustainability requirements are becoming core buying drivers, not niche add-ons.

What happened: - The Business Research Company published a 2026 report on the global engineering services market. - The report estimates the market will rise from $1,141.89 billion in 2025 to $1,174.33 billion in 2026. - The report forecasts the market will reach $1,371.48 billion by 2030. - The report puts the 2025-2026 growth rate at 2.8% and the 2026-2030 CAGR at 4.0%. - North America held the largest share of the global market in 2025. - Western Europe ranked second by market size in 2025.

The details: - Engineering services cover consulting support from evaluation and design through simulation and testing. - The report links recent growth to industrial infrastructure projects, rising engineering complexity, automotive and manufacturing expansion, greater use of third-party expertise and advanced design tools. - The company says future demand will be driven by digital engineering platforms, sustainability-focused design, smart infrastructure projects, faster product validation and tighter software-hardware integration. - The report identifies rising adoption of integrated engineering solutions, more simulation and testing services, greater automation and robotics engineering, multidisciplinary project delivery and lifecycle engineering support as major trends. - The report also highlights expanded capabilities in its 2026 market reports, including market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel-based forecasting dashboards, market hotspots infographics, key technologies and future trend analysis, and updated graphics and tables. - The report covers Asia-Pacific, South East Asia, Eastern Europe, South America, the Middle East and Africa in addition to North America and Western Europe. - The report offers a free sample and the full engineering services market report.

Between the lines: - The forecast implies engineering services are becoming more embedded in long-cycle industrial and digital transformation work. - Economic stability matters here because infrastructure, construction and industrial investment tend to rise when GDP growth is steady. - The report cites IMF projections from April 2024 for 3.2% global growth in 2024 and 2025, with advanced economies edging up from 1.6% in 2023 to 1.7% in 2024 and 1.8% in 2025. - That backdrop supports spending on specialized engineering help, even if overall market growth remains modest rather than explosive.

What’s next: - The market is expected to keep expanding through 2030 as companies look for faster validation, more automation and more integrated engineering services. - Sustainability-driven design and smart infrastructure are likely to remain among the strongest demand drivers. - Regional competition should stay broad, with North America and Western Europe leading and other regions contributing to future growth.

The bottom line: - Engineering services are on track for steady global growth, with the biggest upside tied to digital tools, sustainability and complex infrastructure work.