Aerospace Engineering Services Outsourcing Market Analysis By Service, Location, Component, Region And Forecast
San Francisco, 6 June 2024: The Report Aerospace Engineering Services Outsourcing Market Size, Share & Trends Analysis Report By Service (Design & Engineering, Manufacturing Support, Security & Certification, After-market Services), By Location, By Component, And Segment Forecasts, 2019 - 2025 The global aerospace engineering services outsourcing market size is anticipated to reach USD 188.24 billion by 2025, registering a CAGR of 25.9% over the forecast period, according to a new report by Grand View Research, Inc. The increased demand for the replacement of aging and outdated aircraft and the intensifying need to reduce operational costs are expected to drive the increased global demand for aerospace engineering services outsourcing (ESO) over the forecast period. Owing to the increasing engineering and technological complexities in the industry, Original Equipment Manufacturers (OEMs) are facing the growing need to outsource some of their services to specialized ae