Industry Analysis & Industry Trends
Engineering is the professional discipline that applies scientific knowledge to the design of structures, products and industrial processes, and to the management of the natural and built environment. Local and foreign-based consulting firms contest the UK engineering services market, along with the in-house engineering service operations of construction contractors, manufacturers and utility owners (private electricity generators and public water authorities). The trend towards outsourcing engineering activities by major corporations and public agencies has supported the long-term expansion of the industry, as have technological advances in key markets such as telecommunications and power generation... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is in a long-term growth phase of its life cycle. Despite the short- to medium-term fluctuations in demand in response to the domestic and global economic performance, the industry is in a long-term expansion phase stemming from trends towards greater globalisation, increased outsourcing of professional services, and the emergence of new technologies and technologically advanced markets (e.g. environmental services).
The industry's relatively stable growth profile reflects the broad mix of end markets: public and private sector; construction and maintenance; mining and energy; manufacturing processes, and transport... purchase to read more