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China Engineering Cost Consulting Industry Indepth Research and Investment Forecast Report, 2013-2017

China Engineering Cost Consulting Industry Indepth Research and Investment Forecast Report, 2013-2017

Last Update:2014-05-09

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Preface

Table of Content

Engineering cost consulting refers to the professional service, which will confirm and control the project price before issue a project cost outcome document, provided by an engineering cost consulting company after accepting a commission. The engineering cost consulting mainly includes the following items: preparation and verification of construction project feasibility research and economic evaluation, investment estimation and project post-evaluation report; preparation and verification of bottom bid price and quoted price for implementing project; preparation and verification of engineering quantity detailed list; change of construction contract prices and calculation of claim expense; identification service of engineering cost economic dispute; providing pricing control and service for the overall project; providing project cost information service and so on.

Engineering cost consulting industry in China starts late but develops fast in current years. The industry sales revenue in 1997 is only 0.131 billion Yuan while it is 5.045 billion Yuan in 2005 with a year-on-year growth rate of 34.39%. The annual compounded growth rate from 1997 to 2005 is 468.89%. And the industry sales revenue reaches 22.665 billion Yuan in 2010 which is 3.5 times more than that in 2005. The annual compounded growth rate from 2005 to 2010 is 69.85%. Then take a view of the corporations we can find that number of grade-A corporations in the industry grows from 530 in 2000 to 1,638 in 2011 which increase a lot.

There are many shortages for the industry during the fast development. In the aspect of business, the business range is limited on budget and final account, preparation and verification of base bid price and is to be expanded. In the aspect of marketing ideologies, the domestic engineering cost consulting companies lack of marketing capability to expand the market and strong competitiveness. In the aspect of industry supervision and management, even though there are strict regulations for enterprise qualification which issued by engineering cost administration department, many engineering cost corporations can only formally in line with the regulations. Some basic industry management system such as unified practice standards and business supervision are not yet established. In one word, the industry supervision is to be strengthened. In the aspect of market competition, the cost consulting industry market has not yet formed the orderly competition and still remained the cut-throat competition. All these factors lead to a weak competition for engineering cost consulting corporations in China.

China engineering cost consulting industry has opened up to the world since 2005. The wholly foreign owned engineering cost consulting enterprises make the market competition fiercer. And the fierce market competition will be more serious in the future. Under such great stress there are some problems for domestic engineering cost consulting corporations such as how to enlarge the industry market share and enhance the industry market impact.

This report bases on the industry characteristics, existing problems and abundant first-hand market data and is with the following features: indepth and object analysis on macro-environment of China current engineering cost consulting industry development by the way of PEST; industry competitive landscape which is analyzed by the means of Potter Five Forces and SWOT model; analysis of corporations’ core competitiveness, strategy and risk control according to the existing problems; investment opportunities analysis of industry market segmentation according to development characteristics, market scale and trend of industry market demand; by analyzing industry scale, competition status and development potential in major provinces and cities, to provide suggestions and guidance for corporations to expand the regional market; indepth analysis on current operation status of industry benchmark corporations which allow corporations to estimate strength for both oneselves and opponents and get advantages in the fierce competition. What’s more, this report also makes a careful analysis and forecast for the substantive factors of industry development and development trend of engineering cost consulting corporations according to the industry development trend and years of practical experiences.

This report is with high value for engineering cost consulting corporations and related investment enterprises to get the latest development trend and business innovation of industry corporations, obtain market opportunities, make a correct management strategy and clear the development direction. In the meantime, it is the first heavy weight report to analyze the up/down-stream industry chain and industry leading corporations of engineering cost consulting industry in an overall and systemic way.

Here, we’d like to express our sincere gratitude to National Bureau of Statistics of China, International Information Institute, National Institute of the Ministry of Commerce, National Tsing Hua University Library, Institute of Market Economy of the State Council Development Research Center, and Beijing Qinghua Forward Market Research Center, etc. Thank you so much!

Notice: all the market data, especially the corporation list data in this report is only for business reference. Please don’t take the data for enterprise publicity. Thank you! Or Forward shall not take any responsibility for any consequences!

 

Qianzhan Business Information Co., Ltd. Industry Research College
Research Team of Engineering Cost Consulting Industry


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