Sep 15 2010
Research and Markets (http://www.researchandmarkets.com/research/e9c87f/engineering_servic) has announced the addition of the "Engineering Services" report to their offering.
The US engineering services industry includes about 60,000 companies with combined annual revenue of about $260 billion. Major companies include URS, Jacobs Engineering, and the engineering divisions of large construction companies such as Fluor and Bechtel. The industry is highly fragmented: the 50 largest firms account for about 35 percent of industry revenue.
COMPETITIVE LANDSCAPE
Demand is driven largely by the construction needs of companies and governments and the desire of industrial customers to improve the efficiency of operations. Profitability depends on the ability to accurately predict costs for a project. Small firms, which can effectively compete with larger ones by having expertise in a particular field, are often hired as consultants on larger projects if they have special expertise. Large firms are advantaged in designing and managing large projects.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major engineering services include product and industrial process design, construction design and management, systems engineering, and maintenance and operations. Engineering companies may be involved in projects that require skills in analysis, design, project management, operations, or all four. Most firms specialize in a particular type of engineering. Most engineering work is per project, such as designing and constructing a highway or formulating an environmental plan for a wetlands area.
Engineering firms basically sell the knowledge of their employees. Attracting and retaining qualified engineers is an ongoing concern.
Key Topics Covered:
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Trends AND Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Website and Media Links
- Glossary of Acronyms
Source: http://www.researchandmarkets.com/