Industry Analysis & Industry Trends
Engineering is the professional discipline that applies scientific knowledge to design structures, products and industrial processes aimed at servicing the economy and society. As governments and private corporations outsource their engineering departments, industry consultants have become indispensable and expanded their reach across the globe through strategic alliances and joint ventures.
The Engineering Consultancy Services industry is expected to generate revenue totalling $31.7 billion in 2012-13, up 4.3% from the previous year. Industry value added currently totals $18.2 billion, or 1.2% of Australia's GDP. Over the five years through 2012-13, revenue is expected to grow by an annualised... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is in a growth phase of its life cycle, and over the long term is projected to expand at a faster pace than the general economy due to ongoing market expansion and advancements in technologies. The industry's robust expansion has largely stemmed from the significant structural changes in the industry and the demand generated in downstream infrastructure and industrial markets... purchase to read more