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PUBLISHER: KBV Research | PRODUCT CODE: 1126929

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PUBLISHER: KBV Research | PRODUCT CODE: 1126929

Asia Pacific Product Engineering Services Market Size, Share & Industry Trends Analysis Report By Service Type, By Organization Size, By Vertical, By Country and Growth Forecast, 2022 - 2028

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The Asia Pacific Product Engineering Services Market would witness market growth of 8.9% CAGR during the forecast period (2022-2028).

The market for product engineering services currently only includes a very modest amount of artificial intelligence (AI). Artificial intelligence within product engineering, however, has the potential to automate and expedite the process of creating and developing products, which means it has the potential to greatly advance and advance product engineering.

Artificial intelligence in product engineering also reduces processing times and helps to increase productivity for companies or industries. Therefore, incorporating artificial intelligence into the development of better product engineering services would significantly boost productivity in order to meet current engineering demands, which would result in growth prospects for the product engineering services market.

In addition, the use of AI in product engineering services offers a framework for streamlining and automating workflow procedures and providing market insights. Businesses and industries are integrating advanced product engineering services for product innovation and sustainability. With the use of artificial intelligence and machine learning, product engineering can satisfy the expanding demand for product analytics throughout a number of industries.

India has historically prioritized domestic production and consumption in the manufacturing sector. The availability of cheap labor and the expense of technology led to challenges, such as a price-conscious market, inadequate infrastructure and supply networks, and a tendency toward labor-intensive procedures. The local manufacturing sector is anticipated to boost its demand and consumption of machinery and equipment as a result of the Indian government's Make in India strategy.

The China market dominated the Asia Pacific Product Engineering Services Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $217 Billion by 2028. The Japan market is estimated to grow a CAGR of 8.2% during (2022 - 2028). Additionally, The India market would experience a CAGR of 9.5% during (2022 - 2028).

Based on Service Type, the market is segmented into Product & Component Design, Process Engineering, Maintenance, Repair & Operations, and Others. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium-sized Enterprises. Based on Vertical, the market is segmented into Automotive & Transportation, Industrial Manufacturing, Healthcare, IT & Telecom, Energy & Utilities, BFSI, Aerospace & Defense, Media & Entertainment, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Wipro Limited, Tata Consultancy Services Ltd., Accenture PLC, HCL Technologies Ltd., Capgemini SE, ALTEN, Happiest Minds Technologies Limited, AVL List GmbH, and AKKA Technologies SE.

Scope of the Study

Market Segments covered in the Report:

By Service Type

  • Product & Component Design
  • Process Engineering
  • Maintenance, Repair & Operations
  • Others

By Organization Size

  • Large Enterprises
  • Small & Medium-sized Enterprises

By Vertical

  • Automotive & Transportation
  • Industrial Manufacturing
  • Healthcare
  • IT & Telecom
  • Energy & Utilities
  • BFSI
  • Aerospace & Defense
  • Media & Entertainment
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Companies Profiled

  • IBM Corporation
  • Wipro Limited
  • Tata Consultancy Services Ltd.
  • Accenture PLC
  • HCL Technologies Ltd.
  • Capgemini SE
  • ALTEN
  • Happiest Minds Technologies Limited
  • AVL List GmbH
  • AKKA Technologies SE

Unique Offerings from KBV Research

  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 Asia Pacific Product Engineering Services Market, by Service Type
    • 1.4.2 Asia Pacific Product Engineering Services Market, by Organization Size
    • 1.4.3 Asia Pacific Product Engineering Services Market, by Vertical
    • 1.4.4 Asia Pacific Product Engineering Services Market, by Country
  • 1.5 Methodology for the research

Chapter 2. Market Overview

  • 2.1 Introduction
    • 2.1.1 Overview
      • 2.1.1.1 Market composition and scenario
  • 2.2 Key Factors Impacting the Market
    • 2.2.1 Market Drivers
    • 2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global

  • 3.1 KBV Cardinal Matrix
  • 3.2 Recent Industry Wide Strategic Developments
    • 3.2.1 Partnerships, Collaborations and Agreements
    • 3.2.2 Product Launches and Product Expansions
    • 3.2.3 Acquisition and Mergers
    • 3.2.4 Expansions
  • 3.3 Top Winning Strategies
    • 3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
    • 3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2018, Oct - 2022, May) Leading Players

Chapter 4. Asia Pacific Product Engineering Services Market by Service Type

  • 4.1 Asia Pacific Product & Component Design Market by Country
  • 4.2 Asia Pacific Process Engineering Market by Country
  • 4.3 Asia Pacific Maintenance, Repair & Operations Market by Country
  • 4.4 Asia Pacific Others Market by Country

Chapter 5. Asia Pacific Product Engineering Services Market by Organization Size

  • 5.1 Asia Pacific Large Enterprises Market by Country
  • 5.2 Asia Pacific Small & Medium-sized Enterprises Market by Country

Chapter 6. Asia Pacific Product Engineering Services Market by Vertical

  • 6.1 Asia Pacific Automotive & Transportation Market by Country
  • 6.2 Asia Pacific Industrial Manufacturing Market by Country
  • 6.3 Asia Pacific Healthcare Market by Country
  • 6.4 Asia Pacific IT & Telecom Market by Country
  • 6.5 Asia Pacific Energy & Utilities Market by Country
  • 6.6 Asia Pacific BFSI Market by Country
  • 6.7 Asia Pacific Aerospace & Defense Market by Country
  • 6.8 Asia Pacific Media & Entertainment Market by Country
  • 6.9 Asia Pacific Others Market by Country

Chapter 7. Asia Pacific Product Engineering Services Market by Country

  • 7.1 China Product Engineering Services Market
    • 7.1.1 China Product Engineering Services Market by Service Type
    • 7.1.2 China Product Engineering Services Market by Organization Size
    • 7.1.3 China Product Engineering Services Market by Vertical
  • 7.2 Japan Product Engineering Services Market
    • 7.2.1 Japan Product Engineering Services Market by Service Type
    • 7.2.2 Japan Product Engineering Services Market by Organization Size
    • 7.2.3 Japan Product Engineering Services Market by Vertical
  • 7.3 India Product Engineering Services Market
    • 7.3.1 India Product Engineering Services Market by Service Type
    • 7.3.2 India Product Engineering Services Market by Organization Size
    • 7.3.3 India Product Engineering Services Market by Vertical
  • 7.4 South Korea Product Engineering Services Market
    • 7.4.1 South Korea Product Engineering Services Market by Service Type
    • 7.4.2 South Korea Product Engineering Services Market by Organization Size
    • 7.4.3 South Korea Product Engineering Services Market by Vertical
  • 7.5 Singapore Product Engineering Services Market
    • 7.5.1 Singapore Product Engineering Services Market by Service Type
    • 7.5.2 Singapore Product Engineering Services Market by Organization Size
    • 7.5.3 Singapore Product Engineering Services Market by Vertical
  • 7.6 Malaysia Product Engineering Services Market
    • 7.6.1 Malaysia Product Engineering Services Market by Service Type
    • 7.6.2 Malaysia Product Engineering Services Market by Organization Size
    • 7.6.3 Malaysia Product Engineering Services Market by Vertical
  • 7.7 Rest of Asia Pacific Product Engineering Services Market
    • 7.7.1 Rest of Asia Pacific Product Engineering Services Market by Service Type
    • 7.7.2 Rest of Asia Pacific Product Engineering Services Market by Organization Size
    • 7.7.3 Rest of Asia Pacific Product Engineering Services Market by Vertical

Chapter 8. Company Profiles

  • 8.1 IBM Corporation
    • 8.1.1 Company Overview
    • 8.1.2 Financial Analysis
    • 8.1.3 Regional & Segmental Analysis
    • 8.1.4 Research & Development Expenses
    • 8.1.5 Recent strategies and developments:
      • 8.1.5.1 Partnerships, Collaborations, and Agreements:
      • 8.1.5.2 Acquisition and Mergers:
      • 8.1.5.3 Geographical Expansions:
    • 8.1.6 SWOT Analysis
  • 8.2 Wipro Limited
    • 8.2.1 Company Overview
    • 8.2.2 Financial Analysis
    • 8.2.3 Segmental and Regional Analysis
    • 8.2.4 Research & Development Expenses
    • 8.2.5 Recent strategies and developments:
      • 8.2.5.1 Partnerships, Collaborations, and Agreements:
      • 8.2.5.2 Acquisition and Mergers:
    • 8.2.6 SWOT Analysis
  • 8.3 Tata Consultancy Services Ltd.
    • 8.3.1 Company Overview
    • 8.3.2 Financial Analysis
    • 8.3.3 Segmental and Regional Analysis
    • 8.3.4 Research & Development Expenses
    • 8.3.5 Recent strategies and developments:
      • 8.3.5.1 Product Launches and Product Expansions:
      • 8.3.5.2 Acquisition and Mergers:
    • 8.3.6 SWOT Analysis
  • 8.4 Accenture PLC
    • 8.4.1 Company Overview
    • 8.4.2 Financial Analysis
    • 8.4.3 Regional Analysis
    • 8.4.4 Research & Development Expense
    • 8.4.5 Recent strategies and developments:
      • 8.4.5.1 Acquisition and Mergers:
    • 8.4.6 SWOT Analysis
  • 8.5 HCL Technologies Ltd. (HCL Enterprises)
    • 8.5.1 Company Overview
    • 8.5.2 Financial Analysis
    • 8.5.3 Segmental and Regional Analysis
    • 8.5.4 Research & Development Expense
    • 8.5.5 Recent strategies and developments:
      • 8.5.5.1 Partnerships, Collaborations, and Agreements:
      • 8.5.5.2 Product Launches and Product Expansions:
      • 8.5.5.3 Acquisition and Mergers:
      • 8.5.5.4 Geographical Expansions:
  • 8.6 Capgemini SE
    • 8.6.1 Company Overview
    • 8.6.2 Financial Analysis
    • 8.6.3 Regional Analysis
    • 8.6.4 Recent strategies and developments:
      • 8.6.4.1 Partnerships, Collaborations, and Agreements:
      • 8.6.4.2 Business Expansions:
  • 8.7 ALTEN
    • 8.7.1 Company Overview
    • 8.7.2 Financial Analysis
    • 8.7.3 Recent strategies and developments:
      • 8.7.3.1 Partnerships, Collaborations, and Agreements:
      • 8.7.3.2 Acquisition and Mergers:
  • 8.8 Happiest Minds Technologies Limited
    • 8.8.1 Company Overview
    • 8.8.2 Financial Analysis
    • 8.8.3 Segmental and Regional Analysis
    • 8.8.4 Research & Development Expenses
    • 8.8.5 Recent strategies and developments:
      • 8.8.5.1 Partnerships, Collaborations, and Agreements:
  • 8.9 AVL List GmbH
    • 8.9.1 Company Overview
    • 8.9.2 Recent strategies and developments:
      • 8.9.2.1 Partnerships, Collaborations, and Agreements:
  • 8.10. AKKA Technologies SE
    • 8.10.1 Company Overview

LIST OF TABLES

  • TABLE 1 Asia Pacific Product Engineering Services Market, 2018 - 2021, USD Billion
  • TABLE 2 Asia Pacific Product Engineering Services Market, 2022 - 2028, USD Billion
  • TABLE 3 Partnerships, Collaborations and Agreements- Product Engineering Services Market
  • TABLE 4 Product Launches And Product Expansions- Product Engineering Services Market
  • TABLE 5 Acquisition and Mergers- Product Engineering Services Market
  • TABLE 6 expansions- Product Engineering Services Market
  • TABLE 7 Asia Pacific Product Engineering Services Market by Service Type, 2018 - 2021, USD Billion
  • TABLE 8 Asia Pacific Product Engineering Services Market by Service Type, 2022 - 2028, USD Billion
  • TABLE 9 Asia Pacific Product & Component Design Market by Country, 2018 - 2021, USD Billion
  • TABLE 10 Asia Pacific Product & Component Design Market by Country, 2022 - 2028, USD Billion
  • TABLE 11 Asia Pacific Process Engineering Market by Country, 2018 - 2021, USD Billion
  • TABLE 12 Asia Pacific Process Engineering Market by Country, 2022 - 2028, USD Billion
  • TABLE 13 Asia Pacific Maintenance, Repair & Operations Market by Country, 2018 - 2021, USD Billion
  • TABLE 14 Asia Pacific Maintenance, Repair & Operations Market by Country, 2022 - 2028, USD Billion
  • TABLE 15 Asia Pacific Others Market by Country, 2018 - 2021, USD Billion
  • TABLE 16 Asia Pacific Others Market by Country, 2022 - 2028, USD Billion
  • TABLE 17 Asia Pacific Product Engineering Services Market by Organization Size, 2018 - 2021, USD Billion
  • TABLE 18 Asia Pacific Product Engineering Services Market by Organization Size, 2022 - 2028, USD Billion
  • TABLE 19 Asia Pacific Large Enterprises Market by Country, 2018 - 2021, USD Billion
  • TABLE 20 Asia Pacific Large Enterprises Market by Country, 2022 - 2028, USD Billion
  • TABLE 21 Asia Pacific Small & Medium-sized Enterprises Market by Country, 2018 - 2021, USD Billion
  • TABLE 22 Asia Pacific Small & Medium-sized Enterprises Market by Country, 2022 - 2028, USD Billion
  • TABLE 23 Asia Pacific Product Engineering Services Market by Vertical, 2018 - 2021, USD Billion
  • TABLE 24 Asia Pacific Product Engineering Services Market by Vertical, 2022 - 2028, USD Billion
  • TABLE 25 Asia Pacific Automotive & Transportation Market by Country, 2018 - 2021, USD Billion
  • TABLE 26 Asia Pacific Automotive & Transportation Market by Country, 2022 - 2028, USD Billion
  • TABLE 27 Asia Pacific Industrial Manufacturing Market by Country, 2018 - 2021, USD Billion
  • TABLE 28 Asia Pacific Industrial Manufacturing Market by Country, 2022 - 2028, USD Billion
  • TABLE 29 Asia Pacific Healthcare Market by Country, 2018 - 2021, USD Billion
  • TABLE 30 Asia Pacific Healthcare Market by Country, 2022 - 2028, USD Billion
  • TABLE 31 Asia Pacific IT & Telecom Market by Country, 2018 - 2021, USD Billion
  • TABLE 32 Asia Pacific IT & Telecom Market by Country, 2022 - 2028, USD Billion
  • TABLE 33 Asia Pacific Energy & Utilities Market by Country, 2018 - 2021, USD Billion
  • TABLE 34 Asia Pacific Energy & Utilities Market by Country, 2022 - 2028, USD Billion
  • TABLE 35 Asia Pacific BFSI Market by Country, 2018 - 2021, USD Billion
  • TABLE 36 Asia Pacific BFSI Market by Country, 2022 - 2028, USD Billion
  • TABLE 37 Asia Pacific Aerospace & Defense Market by Country, 2018 - 2021, USD Billion
  • TABLE 38 Asia Pacific Aerospace & Defense Market by Country, 2022 - 2028, USD Billion
  • TABLE 39 Asia Pacific Media & Entertainment Market by Country, 2018 - 2021, USD Billion
  • TABLE 40 Asia Pacific Media & Entertainment Market by Country, 2022 - 2028, USD Billion
  • TABLE 41 Asia Pacific Others Market by Country, 2018 - 2021, USD Billion
  • TABLE 42 Asia Pacific Others Market by Country, 2022 - 2028, USD Billion
  • TABLE 43 Asia Pacific Product Engineering Services Market by Country, 2018 - 2021, USD Billion
  • TABLE 44 Asia Pacific Product Engineering Services Market by Country, 2022 - 2028, USD Billion
  • TABLE 45 China Product Engineering Services Market, 2018 - 2021, USD Billion
  • TABLE 46 China Product Engineering Services Market, 2022 - 2028, USD Billion
  • TABLE 47 China Product Engineering Services Market by Service Type, 2018 - 2021, USD Billion
  • TABLE 48 China Product Engineering Services Market by Service Type, 2022 - 2028, USD Billion
  • TABLE 49 China Product Engineering Services Market by Organization Size, 2018 - 2021, USD Billion
  • TABLE 50 China Product Engineering Services Market by Organization Size, 2022 - 2028, USD Billion
  • TABLE 51 China Product Engineering Services Market by Vertical, 2018 - 2021, USD Billion
  • TABLE 52 China Product Engineering Services Market by Vertical, 2022 - 2028, USD Billion
  • TABLE 53 Japan Product Engineering Services Market, 2018 - 2021, USD Billion
  • TABLE 54 Japan Product Engineering Services Market, 2022 - 2028, USD Billion
  • TABLE 55 Japan Product Engineering Services Market by Service Type, 2018 - 2021, USD Billion
  • TABLE 56 Japan Product Engineering Services Market by Service Type, 2022 - 2028, USD Billion
  • TABLE 57 Japan Product Engineering Services Market by Organization Size, 2018 - 2021, USD Billion
  • TABLE 58 Japan Product Engineering Services Market by Organization Size, 2022 - 2028, USD Billion
  • TABLE 59 Japan Product Engineering Services Market by Vertical, 2018 - 2021, USD Billion
  • TABLE 60 Japan Product Engineering Services Market by Vertical, 2022 - 2028, USD Billion
  • TABLE 61 India Product Engineering Services Market, 2018 - 2021, USD Billion
  • TABLE 62 India Product Engineering Services Market, 2022 - 2028, USD Billion
  • TABLE 63 India Product Engineering Services Market by Service Type, 2018 - 2021, USD Billion
  • TABLE 64 India Product Engineering Services Market by Service Type, 2022 - 2028, USD Billion
  • TABLE 65 India Product Engineering Services Market by Organization Size, 2018 - 2021, USD Billion
  • TABLE 66 India Product Engineering Services Market by Organization Size, 2022 - 2028, USD Billion
  • TABLE 67 India Product Engineering Services Market by Vertical, 2018 - 2021, USD Billion
  • TABLE 68 India Product Engineering Services Market by Vertical, 2022 - 2028, USD Billion
  • TABLE 69 South Korea Product Engineering Services Market, 2018 - 2021, USD Billion
  • TABLE 70 South Korea Product Engineering Services Market, 2022 - 2028, USD Billion
  • TABLE 71 South Korea Product Engineering Services Market by Service Type, 2018 - 2021, USD Billion
  • TABLE 72 South Korea Product Engineering Services Market by Service Type, 2022 - 2028, USD Billion
  • TABLE 73 South Korea Product Engineering Services Market by Organization Size, 2018 - 2021, USD Billion
  • TABLE 74 South Korea Product Engineering Services Market by Organization Size, 2022 - 2028, USD Billion
  • TABLE 75 South Korea Product Engineering Services Market by Vertical, 2018 - 2021, USD Billion
  • TABLE 76 South Korea Product Engineering Services Market by Vertical, 2022 - 2028, USD Billion
  • TABLE 77 Singapore Product Engineering Services Market, 2018 - 2021, USD Billion
  • TABLE 78 Singapore Product Engineering Services Market, 2022 - 2028, USD Billion
  • TABLE 79 Singapore Product Engineering Services Market by Service Type, 2018 - 2021, USD Billion
  • TABLE 80 Singapore Product Engineering Services Market by Service Type, 2022 - 2028, USD Billion
  • TABLE 81 Singapore Product Engineering Services Market by Organization Size, 2018 - 2021, USD Billion
  • TABLE 82 Singapore Product Engineering Services Market by Organization Size, 2022 - 2028, USD Billion
  • TABLE 83 Singapore Product Engineering Services Market by Vertical, 2018 - 2021, USD Billion
  • TABLE 84 Singapore Product Engineering Services Market by Vertical, 2022 - 2028, USD Billion
  • TABLE 85 Malaysia Product Engineering Services Market, 2018 - 2021, USD Billion
  • TABLE 86 Malaysia Product Engineering Services Market, 2022 - 2028, USD Billion
  • TABLE 87 Malaysia Product Engineering Services Market by Service Type, 2018 - 2021, USD Billion
  • TABLE 88 Malaysia Product Engineering Services Market by Service Type, 2022 - 2028, USD Billion
  • TABLE 89 Malaysia Product Engineering Services Market by Organization Size, 2018 - 2021, USD Billion
  • TABLE 90 Malaysia Product Engineering Services Market by Organization Size, 2022 - 2028, USD Billion
  • TABLE 91 Malaysia Product Engineering Services Market by Vertical, 2018 - 2021, USD Billion
  • TABLE 92 Malaysia Product Engineering Services Market by Vertical, 2022 - 2028, USD Billion
  • TABLE 93 Rest of Asia Pacific Product Engineering Services Market, 2018 - 2021, USD Billion
  • TABLE 94 Rest of Asia Pacific Product Engineering Services Market, 2022 - 2028, USD Billion
  • TABLE 95 Rest of Asia Pacific Product Engineering Services Market by Service Type, 2018 - 2021, USD Billion
  • TABLE 96 Rest of Asia Pacific Product Engineering Services Market by Service Type, 2022 - 2028, USD Billion
  • TABLE 97 Rest of Asia Pacific Product Engineering Services Market by Organization Size, 2018 - 2021, USD Billion
  • TABLE 98 Rest of Asia Pacific Product Engineering Services Market by Organization Size, 2022 - 2028, USD Billion
  • TABLE 99 Rest of Asia Pacific Product Engineering Services Market by Vertical, 2018 - 2021, USD Billion
  • TABLE 100 Rest of Asia Pacific Product Engineering Services Market by Vertical, 2022 - 2028, USD Billion
  • TABLE 101 Key information - IBM Corporation
  • TABLE 102 Key Information - Wipro Limited
  • TABLE 103 Key Information - Tata Consultancy Services Ltd.
  • TABLE 104 Key information - Accenture PLC
  • TABLE 105 Key Information - HCL Technologies Ltd.
  • TABLE 106 Key Information - Capgemini SE
  • TABLE 107 Key Information - ALTEN
  • TABLE 108 Key Information - Happiest Minds Technologies Limited
  • TABLE 109 Key Information - AVL List GmbH
  • TABLE 110 Key Information - AKKA Technologies SE

List of Figures

  • FIG 1 Methodology for the research
  • FIG 2 KBV Cardinal Matrix
  • FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
  • FIG 4 Key Strategic Move: (Partnerships, collaborations and agreements : 2018, oct - 2022, may) Leading Players
  • FIG 5 Recent strategies and developments: IBM Corporation
  • FIG 6 Swot analysis: IBM Corporation
  • FIG 7 Recent strategies and developments: Wipro Limited
  • FIG 8 SWOT Analysis: Wipro Limited
  • FIG 9 Recent strategies and developments: Tata Consultancy Services Ltd.
  • FIG 10 SWOT Analysis: Tata Consultancy Services Ltd.
  • FIG 11 Swot analysis: Accenture plc
  • FIG 12 Recent strategies and developments: HCL Technologies Ltd.
  • FIG 13 Recent strategies and developments: Capgemini SE
  • FIG 14 Recent strategies and developments: ALTEN
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