Report Id: ATAESM1221
Automotive Engineering Services Market Size by Type (Designing, Prototyping, System Integration and Testing), By Application (ADAS and Safety, Electrical, Electronics and Body Controls, Chassis, Connectivity Services, Interior, Exterior, and Body Engineering, Powertrain and Exhaust and Simulation), By Location Type (On-shore and Off-shore), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2022-2027
The Automotive Engineering Services Market is expected to be around US$ 253.9 Billion by 2027 at a CAGR of 8.5% in the given forecast period.
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Major Players
- AVL
- ATIPL Altran Technologies Ltd
- ARRK Product Development Group Ltd
- AKKA
- Bertrandt AG
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
8
REPORT DESCRIPTION
The Automotive Engineering Services Market is expected to be around US$ 253.9 Billion by 2027 at a CAGR of 8.5% in the given forecast period.
Increasing awareness and demand for technological solutions such as connectivity, collision avoidance sensors among others in automotive is propelling the market growth. Rising need for lightweight vehicles as government and manufacturers are emphasizing on designing and developing lightweight vehicles to make vehicle more fuel-efficient and increasing requirements for safety-related systems owing to government regulations are the attributes propelling the automotive engineering services market. Also, the rising adoption of electric and hybrid vehicles is increasing the production of these vehicles which is estimated to catalyze the growth of the market. Additionally, rise in concern pertaining to pollution free environment has surged the demand for zero-emission vehicles. Hence, the production of these vehicles is anticipated to drive growth of the market.
The global Automotive Engineering Services market is segregated on the basis of Service Type as Designing, Prototyping, System Integration and Testing. Based on Application the global Automotive Engineering Services market is segmented in ADAS and Safety, Electrical, Electronics and Body Controls, Chassis, Connectivity Services, Interior, Exterior, and Body Engineering, Powertrain and Exhaust and Simulation. Based on Location Type the global Automotive Engineering Services market is segmented in On-shore and Off-shore.
The global Automotive Engineering Services market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Automotive Engineering Services market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
AVL, AKKA, ATIPL Altran Technologies Ltd., ARRK Product Development Group Ltd., ASAP Holding GmbH, Bertrandt AG, EDAG Engineering GmbH, Horiba Ltd., ITK Engineering GmbH, M Plan GmbH, RLE International Group, FEV Group GmbH, IAV Automotive Engineering, L&T Technology Services, HCL Technologies Limited, and others are among the major players in the global Automotive Engineering Services market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Automotive Engineering Services Market has been segmented as below:
Automotive Engineering Services Market, By Service Type
- Designing
- Prototyping
- System Integration
- Testing
Automotive Engineering Services Market, By Application
- ADAS and Safety
- Electrical, Electronics and Body Controls
- Chassis
- Connectivity Services
- Interior, Exterior, and Body Engineering
- Powertrain and Exhaust
- Simulation
Automotive Engineering Services Market, By Location Type
- On-shore
- Off-shore
Automotive Engineering Services Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Automotive Engineering Services Market, By Company
- AVL
- AKKA
- ATIPL Altran Technologies Ltd.
- ARRK Product Development Group Ltd.
- ASAP Holding GmbH
- Bertrandt AG
- EDAG Engineering GmbH
- Horiba Ltd.
- ITK Engineering GmbH
- M Plan GmbH
- RLE International Group
- FEV Group GmbH
- IAV Automotive Engineering
- L&T Technology Services
- HCL Technologies Limited
The report covers:
- Global Automotive Engineering Services market sizes from 2018 to 2027, along with CAGR for 2022-2027
- Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
- Global Automotive Engineering Services market trends, covering comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Automotive Engineering Services market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
- Comprehensive company profiles of the key industry players
Report Scope:
The global Automotive Engineering Services market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Automotive Engineering Services market share. Major industry players with significant revenue share include AVL, AKKA, ATIPL Altran Technologies Ltd., ARRK Product Development Group Ltd., ASAP Holding GmbH, Bertrandt AG, EDAG Engineering GmbH, Horiba Ltd., ITK Engineering GmbH, M Plan GmbH, RLE International Group, FEV Group GmbH, IAV Automotive Engineering, L&T Technology Services, HCL Technologies Limited, and others.
Reasons to Buy this Report:
- Gain detailed insights on the Automotive Engineering Services industry trends
- Find complete analysis on the market status
- Identify the Automotive Engineering Services market opportunities and growth segments
- Analyse competitive dynamics by evaluating business segments & product portfolios
- Facilitate strategy planning and industry dynamics to enhance decision making
Customization
Customized report as per the requirement can be offered with appropriate recommendations
Below are our new reports:
1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Market Research Process
2.3. Research Data Analysis
2.3.1.1. Secondary Research
2.3.1.2. Primary Research
2.3.1.3. Models for Estimation
2.4. Market Size Estimation
2.4.1. Bottom-Up Approach- Segmental Market Analysis
2.4.2. Top-Down Approach- Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1. Introduction
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. Porter's Five Force Analysis
5. Automotive Engineering Services Market, By Service Type
5.1. Introduction
5.2. Designing
5.2.1. Market Overview
5.2.2. Market Size and Forecast
5.3. Prototyping
5.3.1. Market Overview
5.3.2. Market Size and Forecast
5.4. System Integration
5.4.1. Market Overview
5.4.2. Market Size and Forecast
5.5. Testing
5.5.1. Market Overview
5.5.2. Market Size and Forecast
6. Automotive Engineering Services Market, By Application
6.1. Introduction
6.2. ADAS and Safety
6.2.1. Market Overview
6.2.2. Market Size and Forecast
6.3. Electrical, Electronics and Body Controls
6.3.1. Market Overview
6.3.2. Market Size and Forecast
6.4. Chassis
6.4.1. Market Overview
6.4.2. Market Size and Forecast
6.5. Connectivity Services
6.5.1. Market Overview
6.5.2. Market Size and Forecast
6.6. Interior, Exterior, and Body Engineering
6.6.1. Market Overview
6.6.2. Market Size and Forecast
6.7. Powertrain and Exhaust
6.7.1. Market Overview
6.7.2. Market Size and Forecast
6.8. Simulation
6.8.1. Market Overview
6.8.2. Market Size and Forecast
7. Automotive Engineering Services Market, By Location Type
7.1. Introduction
7.2. On-shore
7.2.1. Market Overview
7.2.2. Market Size and Forecast
7.3. Off-shore
7.3.1. Market Overview
7.3.2. Market Size and Forecast
8. Automotive Engineering Services Market, By Geography
8.1. Introduction
8.2. North America
8.2.1. North America Automotive Engineering Services, By Service Type
8.2.2. North America Automotive Engineering Services, By Application
8.2.3. North America Automotive Engineering Services, By Location Type
8.3. Europe
8.3.1. Europe Automotive Engineering Services, By Service Type
8.3.2. Europe Automotive Engineering Services, By Application
8.3.3. Europe Automotive Engineering Services, By Location Type
8.4. Asia-Pacific
8.4.1. Asia-Pacific Automotive Engineering Services, By Service Type
8.4.2. Asia-Pacific Automotive Engineering Services, By Application
8.4.3. Asia-Pacific Automotive Engineering Services, By Location Type
8.5. Rest of the World
8.5.1. Rest of the World Automotive Engineering Services, By Service Type
8.5.2. Rest of the World Automotive Engineering Services, By Application
8.5.3. Rest of the World Automotive Engineering Services, By Location Type
9. Competitive Insights
9.1. Key Insights
9.2. Company Market Share Analysis
9.3. Strategic Outlook
9.3.1. Mergers & Acquisitions
9.3.2. New Product Developments
9.3.3. Portfolio/Production Capacity Expansions
9.3.4. Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5. Others
10. Company Profiles
10.1. AVL
10.1.1. Company Overview
10.1.2. Product/Service Landscape
10.1.3. Financial Overview
10.1.4. Recent Developments
10.2. AKKA
10.2.1. Company Overview
10.2.2. Product/Service Landscape
10.2.3. Financial Overview
10.2.4. Recent Developments
10.3. ATIPL Altran Technologies Ltd.
10.3.1. Company Overview
10.3.2. Product/Service Landscape
10.3.3. Financial Overview
10.3.4. Recent Developments
10.4. ARRK Product Development Group Ltd.
10.4.1. Company Overview
10.4.2. Product/Service Landscape
10.4.3. Financial Overview
10.4.4. Recent Developments
10.5. ASAP Holding GmbH
10.5.1. Company Overview
10.5.2. Product/Service Landscape
10.5.3. Financial Overview
10.5.4. Recent Developments
10.6. Bertrandt AG
10.6.1. Company Overview
10.6.2. Product/Service Landscape
10.6.3. Financial Overview
10.6.4. Recent Developments
10.7. EDAG Engineering GmbH
10.7.1. Company Overview
10.7.2. Product/Service Landscape
10.7.3. Financial Overview
10.7.4. Recent Developments
10.8. Horiba Ltd.
10.8.1. Company Overview
10.8.2. Product/Service Landscape
10.8.3. Financial Overview
10.8.4. Recent Developments
10.9. ITK Engineering GmbH
10.9.1. Company Overview
10.9.2. Product/Service Landscape
10.9.3. Financial Overview
10.9.4. Recent Developments
10.10. M Plan GmbH
10.10.1. Company Overview
10.10.2. Product/Service Landscape
10.10.3. Financial Overview
10.10.4. Recent Developments
10.11. RLE International Group
10.11.1. Company Overview
10.11.2. Product/Service Landscape
10.11.3. Financial Overview
10.11.4. Recent Developments
10.12. FEV Group GmbH
10.12.1. Company Overview
10.12.2. Product/Service Landscape
10.12.3. Financial Overview
10.12.4. Recent Developments
10.13. IAV Automotive Engineering
10.13.1. Company Overview
10.13.2. Product/Service Landscape
10.13.3. Financial Overview
10.13.4. Recent Developments
10.14. L&T Technology Services
10.14.1. Company Overview
10.14.2. Product/Service Landscape
10.14.3. Financial Overview
10.14.4. Recent Developments
10.15. HCL Technologies Limited
10.15.1. Company Overview
10.15.2. Product/Service Landscape
10.15.3. Financial Overview
10.15.4. Recent Developments
The Automotive Engineering Services Market has been segmented as below:
Automotive Engineering Services Market, By Service Type
- Designing
- Prototyping
- System Integration
- Testing
Automotive Engineering Services Market, By Application
- ADAS and Safety
- Electrical, Electronics and Body Controls
- Chassis
- Connectivity Services
- Interior, Exterior, and Body Engineering
- Powertrain and Exhaust
- Simulation
Automotive Engineering Services Market, By Location Type
- On-shore
- Off-shore
Automotive Engineering Services Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Automotive Engineering Services Market, By Company
- AVL
- AKKA
- ATIPL Altran Technologies Ltd.
- ARRK Product Development Group Ltd.
- ASAP Holding GmbH
- Bertrandt AG
- EDAG Engineering GmbH
- Horiba Ltd.
- ITK Engineering GmbH
- M Plan GmbH
- RLE International Group
- FEV Group GmbH
- IAV Automotive Engineering
- L&T Technology Services
- HCL Technologies Limited
Got a question? We've got answers. If you have some other questions, see our support center.
What is the predicted growth rate of Automotive Engineering Services market?
The market is expected to grow at a CAGR of 6.5% during the study period (2022-2027)
How big is the Automotive Engineering Services market value?
The Automotive Engineering Services Market is expected to be around US$ 253.9 Billion by 2027
What is the segment’s covered for the Automotive Engineering Services market?
The segment included in Automotive Engineering Services market is Service Type, Application, Location Type and region.
Who are the major key vendors in Automotive Engineering Services market?
Some key players operating in the Automotive Engineering Services market include AVL, AKKA, ATIPL Altran Technologies Ltd., ARRK Product Development Group Ltd., ASAP Holding GmbH, Bertrandt AG, EDAG Engineering GmbH
What are the different forms of the report available?
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