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Engineering R&D Services Outsourcing Market By Location (Onsite, Offshore); By Application (Consumer Electronics, Autom

<br>Engineering R&D Services Outsourcing Market By Location (Onsite, Offshore); By Application (Consumer Electronics, Automotive, Telecom, Medical Devices, Heavy Machinery/Industrial Automation, Energy, Semiconductors & Computing Systems, Construction, Aerospace); By Regions; In sourcing vs Outsourcing Outlook]: Segments & Forecast, 2018 - 2025

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Engineering R&D Services Outsourcing Market By Location (Onsite, Offshore); By Application (Consumer Electronics, Autom

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  1. Engineering R&D Services Outsourcing Market Market Set to Exceed over USD 650 billion by 2025 | CAGR 26%

  2. Engineering R&D Services Outsourcing Market Size is Estimated to reach USD 650 billion by 2025 “Engineering R&D Services Outsourcing Market By Location (Onsite, Offshore); By Application (Consumer Electronics, Automotive, Telecom, Medical Devices, Heavy Machinery/Industrial Automation, Energy, Semiconductors & Computing Systems, Construction, Aerospace); By Regions; In sourcing vs Outsourcing Outlook]: Segments & Forecast, 2018 - 2025” Global engineering R&D services outsourcing market is anticipated to reach more than USD 650 billion by 2025 according to a new report published by Polaris Market Research. The major factors which are driving this market is the access to low cost highly skilled resources which can work towards complex tasks of not only designing and testing but also on validation, simulation and execution. Companies are moving from business process outsourcing to knowledge process outsourcing and major industry verticals such as automotive, consumer electronics, semiconductors, aerospace and telecom are providing huge opportunities to the consulting companies. The traction of offshore outsourcing can be seen owing to the low cost and added capabilities from the service providers. There are dedicated ER&D service providers which are not only providing basic services but also, they are jointly investing with the companies to expand their businesses in growing markets and geographies. Companies are also focusing on expanding their market reach along with faster turnaround times from these providers. These are some of the major advantages for the companies to outsource their services. The market for ER&D services has evolved from outsourcing of simple low-cost engineering services to capacity augmentation. At present companies are focusing more on reduced timelines, increased productivity and quality of outsourcing services. Countries such as India, China are among the biggest markets for ER&D service providers. Growing number of engineering professionals every year coupled with low cost of service have pushed the market for ER&D Outsourcing in this region. Browse Detailed Research Report On Engineering R&D Services Outsourcing Market: https://www.polarismarketresearch.com/industry-analysis/engineering-rd-services- outsourcing-market Companies in North America and Europe are considered to spend more on these services however, Asia Pacific is the largest market for the ER&D service providers. Countries such as India and China have pushed the market for ER&D and are estimated to continue the trend over the forecast period. Applications in the automotive, telecom, consumer electronics and aerospace segments is considered to have large market share in 2017. There has been an increase in adoption in the offshore services as compared to onsite service due to low costs and highly skilled professionals on the offshore locations. The offshore outsourcing type would grow at a higher rate during the forecast period as compared to its counterpart. The major restrains this market is facing is the intellectual property theft - 2 -

  3. Engineering R&D Services Outsourcing Market Size is Estimated to reach USD 650 billion by 2025 specifically during the offshore outsourcing. This is the major problem faced by many companies, which eventually generates a loss for these companies. However due to strict laws and changing regulations, this challenge is expected to overcome during the forecast period. Major players which are profiled in the study include HCL Technologies Limited, IAV GmbH, P+Z Engineering GmbH, Tata Consulting Services Limited, Wipro Limited, EDAG Engineering GmbH, ASAP Holdings GmbH, FEV Group, Cybage software, Kistler Instruments AG, Infosys Ltd, among others. Request for sample: https://www.polarismarketresearch.com/industry-analysis/engineering- rd-services-outsourcing-market/request-for-sample Table of Contents 1. Overview and Scope 1.1. Research goal & scope 1.2. Research assumptions 1.3. Research Methodology 1.3.1. Primary data sources 1.3.2. Secondary data sources 1.4. Key take-aways 1.5. Stakeholders 2. Executive Summary 2.1. Market Definition 2.2. Market Segmentation 3. Engineering R&D services outsourcing Market Insights 3.1. Engineering R&D services outsourcing – Industry snapshot 3.2. Engineering R&D services outsourcing - Ecosystem analysis - 3 -

  4. Engineering R&D Services Outsourcing Market Size is Estimated to reach USD 650 billion by 2025 3.3. Engineering R&D services outsourcing market dynamics 3.3.1. Engineering R&D services outsourcing – Market Forces 3.3.1.1. Engineering R&D services outsourcing Market driver analysis 3.3.1.2. Engineering R&D services outsourcing Market restraint/challenges analysis 3.3.1.3. Engineering R&D services outsourcing Market opportunity analysis 3.4. Industry analysis - Porter's five force 3.4.1. Bargaining power of supplier 3.4.2. Bargaining power of buyer 3.4.3. Threat of substitute 3.4.4. Threat of new entrant 3.4.5. Degree of competition 3.5. Engineering R&D services outsourcing market PEST analysis, 2017 3.6. Value Chain Analysis 3.7. Engineering R&D services outsourcing Industry trends 3.8. Competitive Ranking Analysis 4. Engineering R&D services outsourcing Market Size and Forecast by Location, 2017-2025 4.1. Key findings 4.2. Onsite 4.3. Offshore 5. Engineering R&D services outsourcing Market Size and Forecast by Application, 2017- 2025 5.1. Key findings 5.2. Consumer Electronics 5.3. Automotive 5.4. Telecom 5.5. Medical Devices 5.6. Energy 5.7. Semiconductors & Computing Systems 5.8. Heavy Machinery/Industrial Automation 5.9. Construction 5.10. Aerospace 6. Engineering R&D Services Outsourcing: Insourcing vs Outsourcing 6.1. Percentage Spit 2017 vs 2025 6.2. Preference of Engineering Functions to be Outsourced 6.3. Observed Risks/Barriers vs Actuality 7. Engineering services outsourcing Market Size and Forecast by Regions, 2017-2025 7.1. Key findings 7.2. North America 7.3. Europe 7.4. Asia Pacific 7.5. Latin America 7.6. Middle East & Africa 8. Company Profiles 8.1. Tata Technologies 8.1.1. Company Overview 8.1.2. Financial Performance 8.1.3. Product benchmarking 8.1.4. Key Highlights 8.2. Harman International 8.3. Happiest Minds 8.4. EASi 8.5. Onward Technologies Ltd. 8.6. AXISCADES 8.7. ÅF AB 8.8. Semcon - 4 -

  5. Engineering R&D Services Outsourcing Market Size is Estimated to reach USD 650 billion by 2025 8.9. Etteplan 8.10. 8.11. 8.12. 8.13. 8.14. 8.15. 8.16. 8.17. 8.18. 8.19. 8.20. 8.21. 8.22. 8.23. 8.24. 8.25. 8.26. 8.27. 8.28. 8.29. 8.30. 8.31. 8.32. 8.33. 8.34. 8.35. 8.36. 8.37. 8.38. 8.39. 8.40. 8.41. 8.42. 8.43. 8.44. 8.45. 8.46. 8.47. 8.48. 8.49. 8.50. 8.51. 8.52. 8.53. 8.54. 8.55. 8.56. 8.57. 8.58. 8.59. 8.60. 8.61. 8.62. 8.63. Capgemini KPIT Technologies Ltd. Assystem HTE Engineering, LLC Vikram Solar Pvt. Ltd. Goldi Green Technologies Pvt. Ltd. Starkstrom Aktiengesellschaft (SAG) Group STEAG Energy Services GmbH Cyient Limited PM Group Nordex SE PlanET Biogas Global GmbH AVL List GmbH Bertrandt EDAG Engineering GmbH IAV GmbH HORIBA, Ltd. Altran Technologies S.A. FEV Group MBtech Group GmbH Alten GmbH Kistler Instrumente AG Altair Engineering, Inc. Gigatronik P3 Automotive GmbH ESG Elektroniksystem- und Logistik-GmbH RLE International Inc. P+Z Engineering GmbH M Plan GmbH ASAP Holding GmbH ITK Engineering GmbH Aricent Group Cybage Software Pvt. Ltd. EPAM Systems Inc. GlobalLogic Inc HCL Technologies Infosys Ltd. KPIT Technologies Limited (KPIT Cummins Infosystems Ltd.) Luxoft Mindfire Solutions MindTree Ltd. QuEST Global Services Pte. Ltd. Sonata Software Tata Elxsi Tata Consultancy Services Pactera Technology International Ltd. (Vanceinfo Technologies Inc.) Wipro Ltd. Venture Corporation Limited Benchmark Electronics, Inc. Celestica, Inc. Compal Electronics, Inc. Creation Technologies LP Plexus Corporation L&T Technology Services - 5 -

  6. Engineering R&D Services Outsourcing Market Size is Estimated to reach USD 650 billion by 2025 8.64. 8.65. Safran Genpact Access Press Release on Engineering R&D Services Outsourcing Market: https://www.polarismarketresearch.com/press-releases/engineering-rd-services- outsourcing-market About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com - 6 -

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