The Market Reports

Synopsis

The global market for Plant Engineering Service was estimated to be worth US$ 324150 million in 2024 and is forecast to a readjusted size of US$ 459190 million by 2031 with a CAGR of 4.7% during the forecast period 2025-2031.

Plant engineering, also known as industrial engineering or plant design, is a multidisciplinary field that focuses on the design, construction, operation, and maintenance of industrial plants and facilities. It involves the application of engineering principles, techniques, and technologies to optimize the performance, efficiency, and safety of industrial processes. This field encompasses a broad range of engineering disciplines, including mechanical, electrical, chemical, civil, and environmental engineering, and serves a wide array of industries. Plant Engineering, Procurement, and Construction (EPC) is a common contracting model used in the industrial sector, especially for large-scale projects such as building power plants, refineries, chemical plants, and other complex facilities.

Increasing adoption of digital technologies such as IoT (Internet of Things), AI (Artificial Intelligence), big data analytics, and cloud computing to optimize plant operations, enable predictive maintenance, and enhance overall efficiency.

This report aims to provide a comprehensive presentation of the global market for Plant Engineering Service, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Plant Engineering Service by region & country, by Type, and by Application.

The Plant Engineering Service market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Plant Engineering Service.

Market Segmentation
By Company

• Fluor Corporation
• CPEC(CNPC)
• Bechtel Corporation
• Saipem (Eni)
• Larsen & Toubro
• AtkinsRealis
• McDermott International
• Samsung E&A
• Technip Energies
• John Wood Group
• Hyundai E&C
• Maire Tecnimont
• JGC Corporation
• Chiyoda Corporation
• GS E&C
• Petrofac
• NMDC Energy
• KBR
• Doosan Enerbility
• Toyo Engineering Corporation
• Hitachi Plant Construction
• Nuberg EPC

Segment by Type

• Engineering
• Procurement
• Construction
• Others

Segment by Application

• Oil and Gas
• Chemical
• Steel
• Automotive
• Power Generation
• Mineral and Metal
• Consumer Goods
• Pharmaceutical
• Water Treatment
• Renewable Energy
• Electronics and Semiconductor
• Others

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.