$58.0bn
$X.Xbn
175k
46,513
$XX.Xbn
Engineering consulting firms have benefited from greater public sector capital expenditure in recent years. Federal and state governments increasingly outsource major infrastructure projects, bolstering demand and profitability of engineering consulting firms. However, faltering demand from the Construction division has weighed on the industry despite healthy capital expenditure on significant projects. Revenue for the Engineering Consulting industry is expected to climb at an annualised 0.7%, reaching an estimated $58.0 billion in 2023-24. State and local governments have upped investments in infrastructure to stimulate economic recovery in the aftermath of the COVID-19 pandemic, boosting demand for engineering consultants and prompting revenue to rise by 0.5% in the current year.
Industry revenue has grown at a CAGR of 0.7 % over the past five years, to reach an estimated $58.0bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
GHD | 1,291.4 | |
Aurecon | 1,049.6 | |
Jacobs | 886.4 |
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Industry revenue is measured across several distinct product and services lines, including Engineering design consulting, Testing and analysis and Process and systems engineering consulting. Engineering design consulting is the largest segment of the Engineering Consulting in Australia.
Infrastructure boom is driving the need for engineering design consulting
Industry firms provide engineering consulting services, typically related to the design, development and use of infrastructure projects, machinery, processes and systems. Industry firms offer advisory services, feasibility studies, preparation of preliminary and final plans and designs, technical services during project construction phases and inspection and evaluation of construction and engineering projects.
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ANZSIC 6923 - Engineering Consulting in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
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The requirement for registering professional engineers has expanded beyond Queensland. Victoria and New South Wales implemented such schemes in 2019 and 2021, respectively. T...
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Including values and annual change:
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Key data sources in Australia include:
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These sources include:
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The market size of the Engineering Consulting industry in Australia is $58.0bn in 2024.
There are 46,513 businesses in the Engineering Consulting industry in Australia, which has grown at a CAGR of 3.8 % between 2019 and 2024.
The market size of the Engineering Consulting industry in Australia has been growing at a CAGR of 0.7 % between 2019 and 2024.
Over the next five years, the Engineering Consulting industry in Australia is expected to grow.
The biggest companies operating in the Engineering Consulting market in Australia are GHD, Aurecon and Jacobs
Engineering design consulting and Testing and analysis are part of the Engineering Consulting industry.
The company holding the most market share in Australia is GHD.
The level of competition is high and increasing in the Engineering Consulting industry in Australia.