Micro and Mechanized Irrigation Systems Market Is Expected To Gain Momentum Over The Forecast Period 2014-2025

Global Micro & Mechanized Irrigation Systems Market is expected to reach USD 33.4 billion by 2025, according to a new study by Grand View Research, Inc. The low cost of micro and mechanized irrigation products is expected to fuel the market growth over the forecast period.

The cost-saving benefits associated with micro and mechanized irrigation systems, such as chemigation and fertigation, further contribute to the demand for these products, especially in emerging economies. These systems cater to the need for effective farming techniques and are subsequently gaining traction across the globe.

The increasing focus on sustainable agriculture techniques is accelerating the implementation of micro and mechanized irrigation systems such as drips and sprinklers. Furthermore, technological proliferation has enabled micro irrigation systems to be controlled through connected devices such as mobile phones and tablets.

These devices enable remote access, thereby providing mobility and fostering user convenience. Large arable lands make the implementation of these systems more economical and profitable. The demand for these systems is high in the agricultural segment, gardens, public parks, and sports turfs.

Full Research Report on Global Micro And Mechanized Irrigation Systems Market Analysis:
http://www.grandviewresearch.com/industry-analysis/micro-mechanized-irrigation-systems-market

Further key findings from the study suggest:

• The drip product segment dominated the overall market in 2015 and was valued at USD 2,878.3 million. Advantages such as cost effectiveness and low power requirements are significantly propelling the demand for drip irrigation products
• Sprinkler products contributed remarkably to the industry growth and accounted for USD 2,060.4 million in 2015. The ability of sprinklers to displace water at large distances is boosting the adoption of these products
• The agriculture application was estimated to be a key segment in 2015 and was valued at USD 3,346.6 million
• Greenhouse is anticipated to emerge as the fastest growing segment with a CAGR of over 13% from 2016 to 2025
• Orchard crops dominated the global crop segment and were valued at USD 2,873.6 million in 2015. These crops are widely grown in the Asia Pacific region and are exported in developed nations including North America and Europe
• The landscape application segment was valued at USD 1,149.8 million of the micro and mechanized irrigation systems market in 2015
• The key industry participants include Mahindra EPC Irrigation, Jain Irrigation Systems Ltd., Lindsay Corporation, Nelson Irrigation Corporation, Netafilm Limited, Rain Bird Corporation, Rivulis Irrigation, T-L Irrigation Co., The Toro Company, and Valmont Industries, Inc.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/emerging-and-next-generation-technologies

Grand View Research has segmented the Global Micro And Mechanized Irrigation Systems Market based on product, crop, application, and region:

Micro & Mechanized Irrigation Systems Product Outlook (Revenue, USD Million; 2014 - 2025)

• Sprinkler
• Tubing
• Pumping unit
• Fittings/Sprinkler head
• Coupler
• Drip
• Tubing
• Backflow Preventers
• Valves
• Filters
• Pressure Regulators
• Pressure Compensators
• Central Pivot
• Lateral Move

Micro and Mechanized Irrigation Systems Crop Outlook (Revenue, USD Million; 2014 - 2025)

• Plantation Crops
• Orchard Crops
• Field Crops
• Forage & Grass
• Others

Micro & Mechanized Irrigation Systems Application Outlook (Revenue, USD Million; 2014 - 2025)

• Agriculture
• Landscape
• Greenhouse
• Nursery
• Others

Micro and Mechanized Irrigation Systems Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• MEA

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-micro-mechanized-irrigation-systems-market

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Integrated Passive Devices (IPD) Market IS Anticipated To Reach $2.64 Billion By 2025

Global Integrated Passive Devices (IPD) Market is expected to reach USD 2.64 billion by 2025, according to a new study by Grand View Research, Inc. The growing demand for wireless, electronic, handheld devices is presumed to drive the market growth over the forecast period.

IPD, such as RF devices, facilitate efficient wireless communication and prevent loss of network signals. They are used across several applications including digital & mixed signals, RF transceivers, power amplifiers, MEMS, digital processors, and power management units. The growing penetration of these devices in wireless consumer market can be attributed to the high volume of customers adopting cellular phones and other IoT devices.

The applications of this technology in digital and mixed signals are fewer, but significant. The commercialization of an application is subject to its potential to comply with electrical performance and density requirements of conventional DC-DC converter modules and high-performance silicon digital interposer substrates.

Additionally, custom-designed IPD used in specialty and niche applications, such as GPS tracking and cellular encryption, are expected to drive the growth of the market. In terms of materials, thin film products are expected to be the next-generation technology benchmarks as they enable higher densities and lower losses. The advancements in sophisticated packaging techniques have resulted in cost-effective IPD and have increased the scope for large-scale commercialization.

Full Research Report on Global Integrated Passive Devices (IPD) Market Analysis:
http://www.grandviewresearch.com/industry-analysis/integrated-passive-devices-ipd-market

Further key findings from the study suggest:

• The EMS and EMI protection IPD segment dominated the overall market and accounted for over 9% of the market share in 2015. The growth was attributed to its application in wireless medical devices such as stimulators, cardiac pacemakers, and insulin pumps
• The automotive end-use segment posed as a key segment and accounted for over USD 276 million of the overall industry revenue in 2015. The cost-effectiveness of IPD lead to their usage in automotive electronics applications such as electronic control Unit (ECU), intelligent headlights, and digital speedometers
• The consumer electronics segment is expected to emerge as the fastest-growing segment with a CAGR of over 13% over the forecasted period, due to the increasing penetration of mobile phones
• IPDs are presumed to gain traction in the healthcare segment, owing to their use in medical devices, such as pacemakers, enabling size reduction and low power-consumption in the devices
• The LED lighting segment accounted for over USD 131 million of the overall market in 2015, due to its growing adoption in commercial applications such as billboards, traffic signals, and glow signs. LED lighting consumes low power and facilitates the abovementioned applications
• The RF IPD segment is expected to significantly contribute to the industry growth and accounted for over USD 806 million of the global industry revenue in 2015, owing to its extensive usage in POS terminals; thereby, contributing toward digital payment facilities
• The key industry participants include STATS ChipPAC Ltd., ON Semiconductor, IPDiA, STMicroelectronics, Infineon Technologies AG, Amkor Technology, Inc., and TSMC Ltd.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/semiconductors

Grand View Research has segmented the Global Integrated Passive Devices (IPD) Market based on application, end-use, and region:

Integrated Passive Devices (IPD) Application Outlook (Revenue, USD Million; 2014 - 2025)

• EMS and EMI protection IPD
• RF IPD
• LED lighting
• Digital &mixed signal IPD

Integrated Passive Devices (IPD) End-use Outlook (Revenue, USD Million; 2014 - 2025)

• Automobile
• Consumer electronics
• Healthcare
• Others

Integrated Passive Devices (IPD) Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• Europe
• Asia Pacific
• RoW

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-integrated-passive-devices-ipd-market

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Electric Vehicle Charging Infrastructure Market Is Expected To Grow At A CAGR Of 46.8% From 2017 To 2025

Global Electric Vehicle Charging Infrastructure Market is expected to reach USD 45.59 billion by 2025, according to a new report by Grand View Research, Inc. Governments, across the globe, are striving to encourage the adoption of electric vehicles. Incentive programs, such as tax rebates, grants, and subsidies, have been launched to promote the same.

The increasing adoption of electric vehicles is expected to be more in the passenger cars segment, in comparison with the commercial vehicle segment. The increase in adoption, can be attributed to the growing research & development activities and initiatives undertaken to improve the existing EV models, and make them competitive with the available fuel-powered car models. Furthermore, companies are working towards upgrading Electric Vehicle Supply Equipment (EVSE) to make them more convenient.

In the year 2016, CHAdeMO possessed the largest market share in the connector segment. However, it is predicted to be surpassed by the Combined Charging System (CCS) connectors segment, which is a combination of SAE J1772 (IEC Type 1) and IEC Type 2 connectors.

The fast chargers segment is expected to exhibit the fastest growth, with an estimated CAGR of around 47.9% from 2017 to 2025. Overnight charging is insufficient for covering long distances and sparing hours to charge the vehicle, during a voyage, is not presumed as a good idea. These situations encourage anxiety and eventually discourage the use of electric vehicles. Therefore, fast chargers are expected to have higher adoption rate than slow chargers.

Full Research Report on Global Electric Vehicle Charging Infrastructure Market Analysis:
http://www.grandviewresearch.com/industry-analysis/electric-vehicle-charger-and-charging-station-market

Further key findings from the report suggest:

• The electric vehicle charging infrastructure market is expected to grow at a CAGR of 46.8% from 2017 to 2025
• Leading automakers are observed investing heavily in promoting EV charging infrastructure. For instance, BMW, Daimler, Ford, and Volkswagen, together announced an investment plan for the development of 400 charging sites across Europe
• The North American region is projected to dominate the EV charging infrastructure, as it is expected to witness significant growth in electric vehicle sales
• The major players of the electric vehicle charging infrastructure market are ABB Group, AeroVironment, Inc., Elektromotive Limited, ChargePoint, Inc., Schneider Electric SE, Chargemaster Plc, Eaton Corporation, Siemens AG, SemaConnect, Inc., ClipperCreek, Inc., Tesla Motors, Inc., Delphi Automotive LLP, General Electric, and Leviton Manufacturing Co., Inc., among others

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/automotive-and-transportation

Grand View Research has segmented the Global Electric Vehicle Charging Infrastructure Market based on, charger type, connector, application, and regions:

Charger Type Outlook (Revenue, USD Million;2014 - 2025)

• Slow Charger
• Fast Charger

Connector Outlook (Revenue, USD Million;2014 - 2025)

• CHAdeMO
• CCS
• Others

Application Outlook (Revenue, USD Million; 2014 - 2025)

• Commercial
• Residential

Regional Outlook (Revenue, USD Million; 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Netherlands
• UK
• France
• Norway
• Germany
• Asia Pacific
• China
• Japan
• South Korea

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-electric-vehicle-ev-charging-infrastructure-market        

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Enterprise Application Market Size Was Valued At USD 144.18 Billion In 2014 Owing Increasing Demand To Streamline Business Process 2022

Global Enterprise Application Market size is estimated to be worth USD 259.51 billion by 2022, according to a new study by Grand View Research, Inc.  Increasing need among organization for single data access point is anticipated to drive industry growth over the forecast period.

Implementation of enterprise application solution enables real time data and information flow along with level running of business process. Use of these solutions enable better customer engagement, inventory management, quality management and supply chain management. Increasing IT budget of the companies is expected to favor industry growth over the next seven years. Availability of open source solution and high maintenance cost may hinder industry growth over the next seven years.

Full Research Report on Global Enterprise Application Market Analysis: http://www.grandviewresearch.com/industry-analysis/enterprise-application-market

Further key findings from the study suggest:

• Web conferencing is useful for conducting seminars, business meetings, online presentations, online educations, demonstrations, and offering direct customer support. Companies adopt web conferencing to reduce geographical barrier and enable effective communication across regions. Solution such as Business Process Management (BPM) and Business Intelligence (BI) enables efficient information processing to facilitate organizational development. Business Process Management (BPM) offers benefit such as increased customer satisfaction, improved agility, cost saving, greater team satisfaction and full transparency of all activities across the organization. Content Management System (CMS) is anticipated to grow at a CAGR of around 13% from 2015 to 2022.
• Healthcare sector is estimated to grow at a CAGR of over 8.5% from 2015 to 2022. Increasing need for real time data transparency is anticipated to drive growth over the forecast period. Industries such as BFSI, healthcare, retail, and telecom adopts these solutions to enhance customer experience and value proposition.
• Industry players use on-premise and cloud delivery models for deployment of the software. Cloud-based solution is becoming popular among small scale industries owing to budget limitation and its benefit. In 2014, on-premise cloud solution accounted for around 67% of the overall revenue share. Pay-per-use model and scalability are the main factor driving cloud-based solution growth.
• North America enterprise application market is estimated to be major regional segment owing to changing organizational structure and customer centric approach of the companies. Europe enterprise application market is estimated to grow at CAGR of around 6% over the forecast period in 2014, and accounted for over 30% of the revenue share. Asia Pacific enterprise application market is anticipated to witness growth owing to rising number of start up and presence of large number of small scale industries. Cloud-based solution may witness increase in demand in the region owing to popularity of it among small scale industries.
• The key industry participants include Key players include Hewlett Packard (HP), Oracle, Microsoft Corporation, IFS AB, SAP, QAD Inc., IBM Corporation, Epicor software Corp., and Infor. In 2014, SAP invested USD 2.54 billion in research and development to enhance their offering. In March 2014, SAP announced the acquisition of Fieldglass, a vendor management system provider.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/communication-services

Grand View Research has segmented the Global Enterprise Application Market on the basis of product, end-use, deployment, and region:

Enterprise Application Product Outlook (USD Billion, 2012 – 2022)

• CRM
• ERP
• SCM
• Web Conferencing
• BI
• BPM
• CMS
• EAM
• Others

Enterprise Application End-Use Outlook (USD Billion, 2012 – 2022)

• Manufacturing
• BFSI
• Healthcare
• Retail
• Government
• Aerospace & defense
• Telecom & IT
• Others

Enterprise Application Deployment Outlook (USD Billion, 2012 – 2022)

• On-premise
• Cloud

Enterprise Appliances Regional Outlook (USD Billion, 2012 – 2022)

• North America
• Europe
• Asia Pacific
• RoW

Access Press Release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-enterprise-application-market           

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Enteral Feeding Formulas Market Is Expected To Witness Lucrative Growth Over The Forecast Period 2014-2024

Global Enteral Feeding Formulas Market is expected to reach over USD 7.5 billion by 2024, according to a new report by Grand View Research, Inc. Key factors driving growth include increase in geriatric population, rise in chronic diseases, rising preterm births, and increasing demand for home care services. 

The enteral feeding formulas market is expected to witness lucrative growth over the forecast period, owing to a few benefits such as the preservation of gastrointestinal tract structure and its functioning, low-cost alternative to support the patient nutrition, and lowering of rate of infection. 

According to the WHO, an estimated 15 million babies are born prematurely, which accounts for 1 in every 10 babies. Furthermore, nearly 1 million children die every year due to complications of preterm birth. The growing nutritional requirements for neonates, infants, and children are boosting the consumption of various enteral feeding products. Moreover, the children suffering from chronic disease conditions and severe malnutrition are expected to drive the use of specialized formulas over the forecast period. 

Increase in aging population will have a major impact on the enteral feeding formulas market. The ageing population requires more focus to treat chronic diseases like osteoporosis, heart disease, Alzheimer’s disease, and others. According to Administration on Ageing, it is estimated that approximately 80% of people aged 65 and above have at least one chronic illness; as a result, the usage of various enteral feeding formulas is expected to grow rapidly over the forecast period. 

Full Research Report on Global Enteral Feeding Formulas Market Analysis:
http://www.grandviewresearch.com/industry-analysis/enteral-feeding-formulas-market

Further Key Findings from the Study Suggest:

• In 2015, standard formulas dominated the enteral feeding formulas market with a revenue share of over 64.3%. The use of standard formulas from many years is one of the key reasons for the high share. However, the disease-specific formulas segment is expected to have the highest CAGR of 8.6%. The healthcare providers prefer the use of disease-specific formulas to tackle the disease-based nutritional deficiencies in pediatric and adult patients.
• The oncology segment accounted for the maximum share of over 36% in 2015. The diabetic segment is expected to be the fastest growing application with a CAGR of 8.4% over the forecast period.
• North America accounted for the majority share of over 38%, due to growing disease burden, increase in geriatric population, growing number of surgical procedures, increasing awareness about nutritional supplements, and well-developed healthcare networks
• Some key players operating in the market are Abbott Laboratories, Nestle S.A, Danone S.A, Fresenius Kabi AG, B. Braun Melsungen AG, Mead Johnson & Company, LLC. These players face intense competition and therefore, these companies leverage their brand value and sales channel network to increase their market share. 

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/pharmaceuticals

Grand View Research has segmented the Global Enteral Feeding Formulas into type, stage, application, end use and region.

Enteral Feeding Formulas Market, by Product (USD Million, 2015 - 2024)

• Standard Formulas
• Disease Specific formulas

Enteral Feeding Formulas Market, by Stage (USD Million, 2015 - 2024)

• Adults
• Pediatric

Enteral feeding Formulas Market, by Application (USD Million, 2015 - 2024)

• Oncology
• Gastroenterology
• Neurology
• Diabetes
• Critical care

Enteral Feeding Formulas Market, by End User (USD Million, 2015 - 2024)

• Hospitals
• Long-term care
• Homecare

Enteral Feeding Formulas Market, by Region, (USD Million, 2012 - 2024)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• Japan
• China
• Latin America
• Brazil
• Mexico
• MEA
• South Africa

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-enteral-feeding-formulas-market               

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Enteral Feeding Devices Market Is Expected To Grow At A CAGR Of 6.0% During The Forecast Period 2012-2020

Global Enteral Feeding Devices Market is expected to reach USD 2,720.8 million by 2020, according to a new study by Grand View Research, Inc. Growing global base of geriatric population and increasing prevalence of chronic diseases such as diabetes mellitus and pre-term births are some key factors expected to drive market growth over the next six years. 

The introduction of cost effective, portable and technologically advanced products such as low profile gastrostomy devices is also expected to accelerate the market penetration rates of these devices in emerging Asia Pacific and Latin American markets. Furthermore, the establishment of initiatives such as Stay Connected 2014 aimed at elevating user and patient awareness levels and facilitating the use of safety measures in the enteral feeding process is expected to present significant growth opportunity for industry participants.

Enteral feeding pumps dominated the overall market in terms of revenue share on account of their high market penetration and usage rates, with market revenue estimated at USD 1,115.3 million in 2013 and expected to grow at a CAGR of 6.4% from 2014 to 2020.

Full Research Report on Global Enteral Feeding Devices Market Analysis: 
http://www.grandviewresearch.com/industry-analysis/enteral-feeding-devices-industry

Further key findings from the study suggest:

• Europe was the largest regional market, with estimated revenue of USD 634.2 million in 2013. The presence of high prevalence of diabetes mellitus and other chronic disorders affecting the gastrointestinal system and a large base of geriatric population in this region attributes to its large market share.

• North America followed Europe in terms of revenue share in 2013 at over 30.0%. High patient awareness levels, sophisticated healthcare infrastructure and high healthcare expenditures are some of the factors expected to serve this market as drivers.

• Asia Pacific enteral feeding devices market is expected to exhibit the highest CAGR over the next six years owing to attributes such as the presence of high unmet medical needs, constantly improving healthcare infrastructure and patient awareness levels in countries such as India and China. Its market is expected to grow at a CAGR of 6.7% from 2014 to 2020 to reach USD 770.6 million by 2020.

• The demand for percutaneous endoscopic gastrostomy devices and nasogastric tubes is expected to grow at a CAGR of over 5.6% and 5.2% from 2014 to 2020, respectively. Gastrostomy tube market revenue is expected to reach USD 206.3 million by 2020.

• Key industry participants include Abbott Nutrition, Danone, Nestle, Fresenius, Boston Scientific Corporation, Kimberly Clark Corporation, Covidien Plc and Conmed Corporation.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the Global Enteral Feeding Devices Market on the basis of product and region:

Enteral Feeding Devices Product Outlook
            • Giving Set
            • Enteral Feeding Pump
            • Percutaneous Endoscopic Gastrostomy Device
            • Low Profile Gastrostomy Device
            • Nasogastric Tube
            • Gastrostomy Tube
Enteral Feeding Devices Regional Outlook
            • North America
            • Europe
            • Asia Pacific
            • RoW

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-enteral-feeding-devices-market              

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com

Engineering Services Outsourcing Industry Outlook by Market Segmentation, Market Size and Growth Prospects 2012-2020

Global Engineering Services Outsourcing Market is expected to reach USD 415.74 billion by 2020. Rising cost pressures on firms leading to constrained R&D budgets is expected to be a primary growth driver for the industry. Companies prefer to outsource the service as it enhances efficiency, improves processes, lowers time to market products. In addition, it yields cost advantages which in turn relates to profit maximization. In addition, dynamic consumer buying behavior leading to shorter product life cycle is projected to fuel market growth.

High competition among leading companies has given rise to cost reduction across companies in several industries including consumer electronics and automotive. In order to reduce costs, companies have initiated augmenting their capabilities by utilizing outsourced IT services. This further leads to cost minimization thus benefiting the company in the long run. Outsourcing engineering services allow businesses to get the most out of constrained budgets and focus on more critical issues. However, the threat of intellectual property theft is expected to hinder industry growth.

Demand for engineering services outsourcing in telecom sector accounted for over 19% of the overall market in 2013. Growing dominance of telecom sector is attributed to the integration of business and operations support systems which require significant back-end equipment and expertise by the telecom industry.

Full Research Report on Global Engineering Services Outsourcing Market Analysis:
http://www.grandviewresearch.com/industry-analysis/engineering-services-outsourcing-market

Increasing demand for consumer electronic products has resulted in leading companies expanding their service portfolio. However, smaller market players owing to their cost constraints heavily rely on engineering services outsourcing to cater growing demand. As a result, the segment is expected to witness the highest growth among other application over the projected period. Key engineering services required for manufacturing these consumer electronic devices such as embedded software development, design & testing, and development & testing are increasingly outsourced to ESO vendors, thus driving industry growth.

Asia Pacific demand for engineering services outsourcing was valued at over USD 44 billion in 2013 and is expected to experience substantial growth over the forecast period. Growth can be attributed to strong manufacturing base in the region and presence of a large talent pool. Emerging economies including India and China are projected to be leading growth in the region.

Europe is expected to grow at a CAGR of more than 25% over the period of six years owing to a high inclination among European firms to outsource engineering activities with the same country or within western European nations to ensuring regulatory compliance.

Key players in the industry include Tata ELXSI, QuEST Global, HCL Technologies Ltd, Tata Consultancy Services, Wipro, MindTree Ltd., and Infosys Ltd. Other companies include Aricent Group, VanceInfo Technologies Inc., Corp., Infotech Enterprises Ltd., Global Logic, EPAM Services, Cybage Software Pvt. Ltd., KPIT Cummins Infosystems Ltd., IGATE, and Calsoft Labs.

View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/communication-services

Grand View Research has segmented the Global Engineering Services Outsourcing Market on the basis of end-use and region:

ESO End-Use Outlook (Revenue, USD Billion, 2012 - 2020)
            • Aerospace
            • Automotive
            • Construction
            • Consumer Electronics
            • Semiconductors
            • Pharmaceuticals
            • Telecom
            • Others
ESO Regional Outlook (Revenue, USD Billion, 2012 - 2020)
            • North America
            • Europe
            • Asia Pacific
            • RoW

View Press Release Of This Research Report By Grand View Research: http://www.grandviewresearch.com/press-release/global-engineering-services-outsourcing-market             

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more Information visit us: www.grandviewresearch.com