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Global Engineering , Procurement , and Construction Management Market : Regional Outlook By geography , the global EPCM market is analyzed with respect to the regional segments of North America , Europe , Latin America , Asia Pacific , and the Middle East and Africa . At present , North America holds the leading share in the global EPCM market owing to the use of automated systems supported by technology for end-to-end completion of engineering projects .
Middle East and Africa is expected to emerge as a significant region for EPCM over the report ’ s forecast period . The region is expected to account for a considerable market share in the global EPCM market . This is mainly due to the high infrastructural needs that need to be executed using automated systems . Moreover , increasing oil exports from the region has necessitated the adoption of EPCM solutions for efficiency .
In Asia Pacific , massive industrial development in countries such as China and India as a consequence of economic growth is pushing the growth of the EPCM market .
Global Engineering , Procurement , and Construction Management Market : Competitive Landscape Some of the leading companies in the global engineering , procurement , and construction management market are Citec , Sports Shanghai Ltd ., Engineers India Limited , and Amec Foster Wheeler . Some other companies operating in the EPCM market are Anewa Engineering Pvt . Ltd ., WorleyParsons , Stantec , Clark Eriksson , CONSTRUCAP , TWP , Ausenco , and Fluor Limited among others .
The EPCM industry has been under consolidation over the past few years . Major companies are focused on acquisitions and strategic partnerships for geographical expansion . This is also to diversify their service offerings and to establish their presence in regional and local markets .
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