The major players in the energy engineering services outsourcing market include Altair Engineering, Inc., ALTEN Group, ALTRAN, Assystem, Cyient, ESI Group, LUXOFT, Mott Macdonald, QuEST Global Services Pte. Ltd., Rilco Engineering Services, and Segula Technologies.
Electricity deregulation and the changing technology landscape have taken utility companies on a new route. Companies are striving hard to gain a competitive advantage. The growing shift from non-renewable to renewable and adopting new technologies like smart grid metering influences the global energy engineering services outsourcing market’s growth. Technological advancements within the utility sector like automation, real-time reporting, and analysis of key performance indicators associated with energy plant operations and equipment maintenance are foreseen to create lucrative opportunities to the market growth in the forthcoming years.
The entire Energy Engineering Services Outsourcing market has been sub-categorized into service, location, source.
By Service
- R&D and Designing
- Structuring & Layout
- Digitization
- Implementation & Maintenance
By Location
- Onshore
- Offshore
By Source
- Renewable
- Non-renewable
- Chemical Processing
The energy engineering services outsourcing market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Source: https://www.valuemarketresearch.com/report/energy-engineering-services-outsourcing-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.