PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1358025
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1358025
EPC Consulting Market, By Service Type, By End-User Industry, By Geography
The EPC Consulting Market size is expected to reach US$ 20.32 billion by 2030, from US$ 11.40 billion in 2023, at a CAGR of 8.6% during the forecast period.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2022 | Market Size in 2023: | US$ 11.40 Bn |
| Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
| Forecast Period 2023 to 2030 CAGR: | 8.60% | 2030 Value Projection: | US$ 20.32 Bn |
EPC Consulting, also known as Engineering, Procurement, and Construction Consulting, is a specialized service that offers comprehensive solutions for complex infrastructure projects. It involves the integration of engineering, procurement, and construction activities, ensuring smooth project execution from start to finish.
The EPC Consulting market has witnessed significant growth in recent years due to the increasing demand for infrastructure development across various industries. The market is driven by factors such as the need for efficient project management, cost optimization, and technological advancements in the construction sector.
With the rise in complex infrastructure projects, organizations are relying on EPC Consulting services to streamline their operations and ensure timely project completion. These services provide expertise in project planning, risk management, resource allocation, and quality control, among others.
Market Dynamics:
The EPC Consulting market is driven by several factors that contribute to its growth and development. The key drivers include the increasing demand for infrastructure development, the need for efficient project management, and the rising adoption of technological advancements in the construction sector. These factors have led to the widespread acceptance of EPC Consulting services across various industries.
Additionally, the market is propelled by the growing trend of outsourcing project management and construction activities to specialized consulting firms. This allows organizations to focus on their core competencies while entrusting the responsibility of project execution to experienced professionals.
However, there are certain restraints that may hinder the growth of the EPC Consulting market. These include the high initial investment required for implementing EPC projects, regulatory challenges, and the shortage of skilled professionals in the industry. Overcoming these challenges and addressing the market restraints is essential for sustaining the growth of the EPC Consulting market.
Opportunities in the market arise from the increasing investments in infrastructure development, particularly in emerging economies. Government initiatives, such as public-private partnerships, are driving the demand for EPC Consulting services. Furthermore, advancements in technology, such as Building Information Modeling (BIM), are providing new opportunities for the market players to offer innovative solutions.
Key Features of the Study:
- In-depth analysis of the global EPC Consulting market, providing market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), with 2022 as the base year.
- Elucidation of potential revenue opportunities across different market segments and explanation of attractive investment proposition matrices for the market.
- Provision of key insights into market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- Profiling of key players in the global EPC Consulting market based on parameters such as company highlights, product portfolio, key highlights, financial performance, and strategies.
- Coverage of key companies in the study, including Wood plc, WorleyParsons, Fluor Corporation, Aecom, Jacobs, SNC-Lavalin, Hatch Ltd, Bechtel Corporation, KBR Inc, TechnipFMC, Chicago Bridge & Iron Company, Hyundai Engineering & Construction, McDermott International Inc, National Projects Construction Corporation, Galfar, Tecnicas Reunidas, Saipem, Daewoo E&C, Petrofac Ltd, and Samsung Engineering.
- Insights from the study enable marketers and management authorities to make informed decisions regarding future product launches, technology upgrades, market expansion, and marketing tactics.
- The study caters to various stakeholders in the EPC Consulting industry, including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders can benefit from various strategy matrices used to analyze the global EPC Consulting market, facilitating ease in decision-making.
EPC Consulting Market Segmentation
- By Service Type
- Consulting
- Engineering
- Procurement
- Construction
- Maintenance
- Others
- By End User Industry
- Oil & Gas
- Chemicals
- Petrochemicals
- Metals & Mining
- Power
- Infrastructure
- Others
- By Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
- Top companies in EPC Consulting Market
- Wood plc
- WorleyParsons
- Fluor Corporation
- Aecom
- Jacobs
- SNC-Lavalin
- Hatch Ltd
- Bechtel Corporation
- KBR Inc
- TechnipFMC
- Chicago Bridge & Iron Company
- Hyundai Engineering & Construction
- McDermott International Inc
- National Projects Construction Corporation
- Galfar
- Tecnicas Reunidas
- Saipem
- Daewoo E&C
- Petrofac Ltd
- Samsung Engineering
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Service Type
- Market Snapshot, By End User Industry
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Increasing demand for infrastructure development
- Restraints
- High initial investment required for implementing EPC projects
- Opportunities
- Government initiatives, such as public-private partnerships
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. EPC Consulting Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. EPC Consulting Market , By Service Type, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Consulting
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Engineering
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Procurement
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Construction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Maintenance
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Bn)
6. EPC Consulting Market , By End User Industry, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
- Oil & Gas
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Chemicals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Petrochemicals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Metals & Mining
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Power
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Infrastructure
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Billion)
7. EPC Consulting Market , By Region, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018-2028
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2023-2030,(US$ Bn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2023-2030,(US$ Bn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2023-2030,(US$ Bn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2023-2030,(US$ Bn)
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2023-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Industry, 2023-2030,(US$ Bn)
8. Competitive Landscape
- Wood plc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- WorleyParsons
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Fluor Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Aecom
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Jacobs
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- SNC-Lavalin
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Hatch Ltd
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Bechtel Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- KBR Inc
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- TechnipFMC
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Chicago Bridge & Iron Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Hyundai Engineering & Construction
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- McDermott International Inc
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- National Projects Construction Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Galfar
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Tecnicas Reunidas
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Saipem
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Daewoo E&C
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Petrofac Ltd
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Samsung Engineering
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Analyst Views
9. Section
- Research Methodology
- About us
