Core Insights - The global engineering services market is projected to grow from nearly $1.1 trillion in 2024 to $1.55 trillion by 2034, with a compound annual growth rate (CAGR) of 3.41% from 2029 to 2034 [2][16]. Market Overview - The engineering services market reached a value of approximately $1.1 trillion in 2024, growing at a CAGR of 3.48% since 2019 [2]. - The market is expected to grow to $1.31 trillion by 2029, reflecting a growth rate of 3.53% [2]. Historical Growth Factors - Growth during the historic period (2019-2024) was driven by rising infrastructure development projects, increased adoption of artificial intelligence, demand for industrial robots, and rapid industrialization [3]. - Negative factors included quality control issues and safety concerns within engineering firms [3]. Future Growth Drivers - Future growth will be propelled by the expansion of the renewable energy sector, investments in smart cities, demand for IoT solutions in smart manufacturing, and sustainable engineering solutions [4]. - Potential hindrances include high liability risks and infrastructure funding gaps [4]. Regional Insights - North America was the largest region in the engineering services market in 2024, accounting for 33.23% or $366.89 billion [5]. - The fastest-growing regions are expected to be the Middle East and Africa, with CAGRs of 9.63% and 6.50% respectively [5]. Market Fragmentation - The engineering services market is highly fragmented, with the top 10 competitors holding only 3.56% of the total market share in 2023 [6]. - AECOM is the largest competitor with a market share of 0.67% [6]. Market Segmentation - By type, civil engineering services accounted for 50.69% or $559.61 billion of the market in 2024, while the other engineering services segment is expected to grow at a CAGR of 4.88% from 2024 to 2029 [7]. - By deployment mode, the offshore segment was the largest, accounting for 57.99% or $640.17 billion in 2024, and is projected to grow at a CAGR of 3.74% [8]. - By end-user, transportation infrastructure was the largest segment, accounting for 19.02% or $210.03 billion, with telecommunications expected to grow at a CAGR of 4.65% [9]. Opportunities - The civil engineering services segment is expected to gain $81.48 billion in global annual sales by 2029 [10]. - The offshore segment is projected to gain $129.08 billion in global annual sales by 2029 [10]. - The transportation infrastructure segment is expected to gain $44.75 billion in global annual sales by 2029, with the USA projected to gain the most at $26.64 billion [10]. Strategic Recommendations - Companies are advised to adopt generative AI to enhance engineering efficiency and build interoperable portfolios for better integration [12]. - Strategic partnerships and investments are recommended to drive innovation and market expansion [12].

Key Takeaways HWKN reached a 52-week high of $140.58, with shares up 51.6% versus a 1.2% industry decline over a year. Earnings estimates for HWKN fiscal 2026 rose 2.6% in 60 days, implying 8.4% year-over-year growth. Hawkins' Water Treatment segment sales rose 21% in fiscal Q4, boosted by acquisitions.Shares of Hawkins, Inc. (HWKN) scaled a new 52-week high of $140.58 before retracing to close the session at $136.78. The company’s shares have gained 51.6% in a year against the industry’s decline of 1.2%. ...

As the current U.S. administration aims at establishing America's dominance in the global nuclear energy market, through these executive orders, OKLO's licensing process for the Aurora powerhouse, which is currently underway with the U.S. Nuclear Regulatory Commission ("NRC"), might get expedited. Resultantly, this may fast-track Oklo's path to commercial deployment, reinforcing its position as a key player in the future of U.S. nuclear energy. In line with this, OKLO's price target reflects a potential ups ...

AudioEnhancer.ai processes audio using AI models trained on thousands of real-world voice recordings. The tool functions as a voice enhancer and noise remover, optimizing recordings that were made with mobile phones, laptops, or in noisy environments. The interface is designed for simplicity: users drag and drop their file, let the system process it, and receive a polished audio version almost instantly. No experience or editing software is required. Global Availability for All Users Unlike many professiona ...

VANCOUVER, British Columbia, June 17, 2025 (GLOBE NEWSWIRE) -- GoldHaven Resources Corp. (“GoldHaven” or the “Company”) (CSE: GOH | OTCQB: GHVNF | FSE: 4QS) is pleased to announce that it has entered into an agreement to acquire the Kuhn, Dead Goat, and M3 claims (the “Claims”) located in northwestern British Columbia, within the Company’s flagship Magno Project. The claims total 1,100.6 acres and host a historic resource of 409,300 tonnes at 0.48% WO₃ (tungsten trioxide) and 0.134% MoS₂ (molybdenum disulfi ...

New data shows consumers increasingly switching stores, brands, and buying habits amid inflation and tariff concerns GLEN ALLEN, Va., June 17, 2025 /PRNewswire/ -- As grocery prices continue to rise, a new national survey by RDSolutions reveals that 86% of U.S. shoppers have switched to private label products for at least some of the items they regularly purchase—underscoring growing price sensitivity amid inflation and looming global tariffs. Conducted in May 2025 among 250 verified U.S. consumers, the sur ...

NU E Power Corp. Announces Amended and Restated Share Purchase Agreement Blu Dot is a technical construction company that has operated in the solar and renewable energy space in western Canada. The acquisition allows NU E to become a vertically integrated solar company that will be able to develop, design and construct its portfolio of projects. Blu Dot is currently negotiating contracts with several end users that are expected to contribute to NU E's growth and cashflow during 2025 and 2026. The ownership ...

Q1 2025 EBITDA at $103 million and net income of $38 million - equivalent to $1.04 eps Dividends exceed $900 million since Company’s NYSE listing in 2002 TEN awarded by Brazil’s Transpetro/Petrobras to build nine DP2 Shuttle Tankers on long-term employment with revenues of minimum $2 billion Total fleet contracted revenue backlog reaches approx. $3.7 billion Robust 21-vessel eco growth program underwayDr Irene Tsakos & Athens 04 delivered in Q2 ATHENS, Greece, June 17, 2025 (GLOBE NEWSWIRE) -- TEN, Ltd (“T ...

Key Takeaways Investors focus on businesses that consistently generate profits. The net profit margin is key to assessing profitability. A higher net margin indicates a company's efficiency in converting sales into actual profits, providing insights into its operational effectiveness and the challenges it faces. Companies like Great Lakes Dredge & Dock Corporation (GLDD) , Interface, Inc. (TILE) , Catalyst Pharmaceuticals, Inc. (CPRX) and Sterling Infrastructure, Inc. (STRL) exhibit strong net profit margin ...

Key Takeaways Baker Hughes Company (BKR) ), a leading energy technology company, has announced the acquisition of Continental Disc Corporation ("CDC"), a Liberty, Missouri-based leader in pressure management solutions, for $540 million in an all-cash transaction. The move, disclosed on June 16, 2025, adds a high-margin, safety- critical product portfolio to Baker Hughes' Industrial & Energy Technology ("IET") segment, advancing its broader strategy of portfolio optimization. BKR Leverages CDC's Recurring Re ...