Asia-Pacific Engineering Research and Development (ER&D) Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Asia-Pacific Engineering Research and Development (ER&D) Services Market Report is Segmented by Service Provider Type (Global Capability Centers (GCCs), Engineering Service Providers (ESPs)), Industry Vertical (Automotive, Industrial, Aerospace and Defense, Consumer Electronics, Semiconductor, BFSI, and Other Industry Verticals (includes Retail, Healthcare, and IT and Telecom)), Service Line (Mechanical and Electrical Engineering Services, Embedded, Engineering Services, and Software Engineering Services), Country (China, Japan, India, South Korea, and Rest of Asia-Pacific). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.

Asia-Pacific Engineering Research and Development (ER&D) Services Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Asia-Pacific Engineering Research And Development (ER&D) Services Industry Overview

The Asia-Pacific engineering research and development (ER&D) services market is fragmented due to the presence of several players. Several key players in the Asia-Pacific engineering research and development (ER&D) services market are constantly making efforts to bring advancements. A few prominent companies enter collaborations and expand their footprints in the region to strengthen their positions. Wison Engineering Ltd, Foresight Techno Co. Ltd, Tata Technologies, and Infosys are the major players in the market.

In July 2024, ZEISS inaugurated a new R&D and manufacturing center in Suzhou Industrial Park. Covering 13,000 sq. m, this marked the group's first independent land acquisition for a project in China. With this move, ZEISS solidifyied its position as a key R&D and manufacturing hub in China, focusing on industrial quality solutions, research and surgical microscopes, and ophthalmic equipment.

Asia-Pacific Engineering Research And Development (ER&D) Services Market Leaders

  1. Wison Engineering Ltd.

  2. L&T Technology Services

  3. Tata Technologies

  4. Jacobs Engineering Group Inc.

  5. Infosys

  6. *Disclaimer: Major Players sorted in no particular order
Asia-Pacific Engineering Research And Development (ER&D) Services Market Concentration