Engineering Services Market (2020-2023): Global Expansion Strategies and Market Share Impact

Between 2020 and 2023, global expansion strategies have played a crucial role in reshaping the engineering services market. Indian ESPs have aggressively expanded their presence in North America and Europe, leveraging cost-effective solutions and digital engineering capabilities. Global MNCs have continued to strengthen their market dominance by investing in new technologies and expanding their service portfolios. European Pureplays, despite challenges, have maintained a strong foothold in specialized industries such as aerospace and automotive. This report examines how different expansion strategies have influenced market share distribution. It highlights the approaches companies are taking to enter new markets, overcome competition, and sustain growth. For businesses looking to expand their engineering services footprint, this report offers valuable insights into market trends and competitive strategies.