Engineering, Procurement, & Construction Management (EPCM) Market to Register Substantial Expansion by 2024

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Engineering, Procurement, Construction
Management (EPCM) Market 

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2024

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• Global Engineering, Procurement, and Construction
  Management (EPCM) Market Overview

• Engineering, Procurement, and Construction
  Management (EPCM) is a specific type of
  contracting arrangement that is used in some
  industries.
• This involves the contractor to be responsible
  for end-to-end completion of a project right from
  design to procurement of raw materials to
  construction to execution to handover of the
  project to the end-user.
• The contractor is responsible for the completion
  of the project in the allocated time limit, which
  may be executed either remotely or by embarking
  at the location site.
• The global engineering, procurement, and
  construction management market is divided on the
  basis of end user and geography.

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Global Engineering, Procurement, and Construction
Management Market Trends and Opportunities

• The global EPCM market is driven by factors such
  as growth of real estate, growth of the oil and
  manufacturing industry, and interest of people to
  seek consultation from a specialist for
  construction undertakings. Moreover,
  technological advancements such as 3D printing
  and drone supervision are expected to further
  boost the markets growth.
• However, factors such as high procurement cycle
  along with added production, transportation, and
  investments costs are restraining the markets
  growth.
• Nonetheless, factors such as increasing
  infrastructure spending, increasing demand for
  energy to rising population, and growth of real
  estate to provide housing for the growing
  population are expected to open opportunities for
  the EPCM market in the years to come.

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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.

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Global Engineering, Procurement, and Construction
Management Market Competitive Landscape

• Anewa Engineering Pvt. Ltd.
• WorleyParsons
• Stante
• , Clark Eriksson
• CONSTRUCAP
• TWP
• Ausenco
• Fluor Limited 

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