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Open Access. Powered by Scholars. Published by Universities.®

2012

Marketing

Business Faculty Publications

Consulting; engineering consulting

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The Global Engineering Consultancy Market., Andrew C. Gross Nov 2012

The Global Engineering Consultancy Market., Andrew C. Gross

Business Faculty Publications

The purpose of this paper is to assess and analyze the size and characteristics of the engineering consultancy market in select Western nations and worldwide. A secondary goal is two-fold: to look briefly at the training required for careers in this field and to evaluate the strategies of the participating firms. This sector has grown in the past half-century to about U.S.$550 billion revenue globally, with nearly 3 million establishments and about 500,000 employees. There are giant, multinational firms that span across regions; but the sector is still highly fragmented, and the top 10 firms have less than 15 percent …