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Global Automotive Engineering Services Market: By Service Type: Designing, Prototyping, System Integration, Testing; By Application: Adas & Safety, Others; By Location; By Vehicle Type; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Automotive Engineering Services Market Outlook
The global automotive engineering services market attained a value of USD 153.4 billion in 2020. The industry is further expected to grow at a CAGR of 12% in the forecast period of 2023-2028.
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The industry is projected to reach a value of USD 302 billion in 2026 owing to the rising demand and technological advancements in the automotive industry.
Market Segmentation
Automotive engineering services find their applications in research methodology; ADAS and safety; electrical, electronics, and body controls; chassis; connectivity services, interior, exterior, and body engineering; powertrain and exhaust; and simulation, among others.
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The automotive engineering services can be further divided based on:
- Industry
- Technology Overview
- Value Chain Analysis
- Macro Indicator Analysis
- Services
- Research Methodology
- Concept
- Designing
- Prototyping
- System Integration
- Testing
- Location
- In-House
- Outsource
- Vehicle
- Passenger Car
- Commercial Vehicle
The EMR report examines the regional markets for automotive engineering services like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The global automotive engineering services industry is being driven by the growing investment and technological advancements by the companies. The rising demand for emission less transportation, advanced safety measures, and comfort are propelling the industry growth. The rising urbanisation and growing population in the developing economies like India are further fuelling the demand growth for the industry. Europe is expected to be the leading market due to the rising demand for low emission vehicle in the region and Germany being home to major car manufacturers.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global automotive engineering services industry, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Harman International Industries, Inc.
- Capgemini Se
- Bertrandt Ag
- Alten Cresttek Company
- L&T Technology Services
- Fev Europe Gmbh
- Akka Technologies
- HCL Technologies
- IAV Automotive Engineering
- Altran Technologies
- Tech Mahindra Limited
The EMR report gives an in-depth overview of the industry by providing a SWOT analysis along with an analysis of Porter’s five forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Service Type, Application, Location, Vehicle Type, Region |
| Breakup by Service Type | Designing, Prototyping, System Integration, Testing |
| Breakup by Application | Adas & Safety, Electrical, Electronics, And Body Controls, Chassis, Connectivity Services, Interior, Exterior, And Body Engineering, Powertrain And Exhaust, Simulation, Others |
| Breakup by Location | In-House, Outsource |
| Breakup by Vehicle Type | Passenger Car, Commercial Vehicle |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Harman International Industries, Inc., Capgemini Se, Bertrandt Ag, L&T Technology Services, Fev Europe Gmbh, Akka Technologies, Hcl Technologies, Iav Automotive Engineering, Altran Technologies, Tech Mahindra Limited |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Automotive Engineering Services Market Analysis
8.1 Key Industry Highlights
8.2 Global Automotive Engineering Services Historical Market (2018-2022)
8.3 Global Automotive Engineering Services Market Forecast (2023-2028)
8.4 Global Automotive Engineering Services Market by Service Type
8.4.1 Designing
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Prototyping
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 System Integration
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Testing
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.5 Global Automotive Engineering Services Market by Application
8.5.1 Adas & Safety
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Electrical, Electronics, And Body Controls
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Chassis
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Connectivity Services
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Interior, Exterior, And Body Engineering
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Powertrain and Exhaust
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2022)
8.5.6.3 Forecast Trend (2023-2028)
8.5.7 Simulation
8.5.7.1 Market Share
8.5.7.2 Historical Trend (2018-2022)
8.5.7.3 Forecast Trend (2023-2028)
8.5.8 Others
8.6 Global Automotive Engineering Services Market by Location
8.6.1 In-House
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Outsource
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Automotive Engineering Services Market by Vehicle Type
8.7.1 Passenger Car
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Commercial Vehicle
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.8 Global Automotive Engineering Services Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Harman International Industries, Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Capgemini Services SAS
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Bertrandt Ag
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 L&T Technology Services Limited
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Fev Group Gmbh
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Akka Technologies SE
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 HCL Technologies Limited
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Ingenieurgesellschaft Auto und Verkehr GmbH (IAV GmbH)
12.2.8.1 Company Overview
12.2.8.2 Product Portfolio
12.2.8.3 Demographic Reach and Achievements
12.2.8.4 Certifications
12.2.9 Tech Mahindra Limited
12.2.9.1 Company Overview
12.2.9.2 Product Portfolio
12.2.9.3 Demographic Reach and Achievements
12.2.9.4 Certifications
12.2.10 CRESTTEK LLC
12.2.10.1 Company Overview
12.2.10.2 Product Portfolio
12.2.10.3 Demographic Reach and Achievements
12.2.10.4 Certifications
12.2.11 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Automotive Engineering Services Market: Key Industry Highlights, 2018 and 2028
2. Global Automotive Engineering Services Historical Market: Breakup by Service Type (USD Million), 2018-2022
3. Global Automotive Engineering Services Market Forecast: Breakup by Service Type (USD Million), 2023-2028
4. Global Automotive Engineering Services Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Automotive Engineering Services Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Automotive Engineering Services Historical Market: Breakup by Location (USD Million), 2018-2022
7. Global Automotive Engineering Services Market Forecast: Breakup by Location (USD Million), 2023-2028
8. Global Automotive Engineering Services Historical Market: Breakup by Vehicle Type (USD Million), 2018-2022
9. Global Automotive Engineering Services Market Forecast: Breakup by Vehicle Type (USD Million), 2023-2028
10. Global Automotive Engineering Services Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global Automotive Engineering Services Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America Automotive Engineering Services Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America Automotive Engineering Services Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe Automotive Engineering Services Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe Automotive Engineering Services Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific Automotive Engineering Services Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific Automotive Engineering Services Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America Automotive Engineering Services Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America Automotive Engineering Services Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa Automotive Engineering Services Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa Automotive Engineering Services Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Global Automotive Engineering Services Market Structure
Key Questions Answered in the Report
The global automotive engineering services market reached a value of USD 153.4 billion in 2020.
The industry is further likely to grow at a CAGR of 12% in the forecast period of 2023 and 2028.
The market is expected to reach a value of USD 302 billion by 2026.
The major drivers of the industry include the rising advancements in technology in the automotive sector, the growing investment by the companies, rising demand for less transportation emissions, advanced safety measures, and comfort, increasing urbanisation, and the growing population.
The rising demand for less transportation emissions, advanced safety measures, and comfort are driving the growth of the automotive engineering services industry.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The leading service types of automotive engineering services in the industry are designing, prototyping, system integration, and testing.
The major applications in the market are ADAS and safety, electrical, electronics, and body controls, chassis, connectivity services, interior, exterior, and body engineering, powertrain and exhaust, and simulation, among others.
The leading location segments of the product in the industry are in-house and outsource.
The major vehicle types in the market are passenger car and commercial vehicle.
The key players in the industry are Harman International Industries, Inc., Capgemini Se, Bertrandt Ag, L&T Technology Services, Fev Europe Gmbh, Akka Technologies, Hcl Technologies, Iav Automotive Engineering, Altran Technologies, and Tech Mahindra Limited.
Analyst Review
The global automotive engineering services market attained a value of USD 153.4 billion in 2020, driven by the rising technological advancements in the automotive industry. The market is projected to grow at a CAGR of 12% in the forecast period of 2023-2028 to reach USD 302 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on service type, the market can be segmented into designing, prototyping, system integration, and testing. On the basis of application, the industry can be segmented into ADAS and safety, electrical, electronics, and body controls, chassis, connectivity services, interior, exterior, and body engineering, powertrain and exhaust, simulation, and others. Based on location, the industry can be segmented into in-house, and outsource. By vehicle type, the industry can be segmented into passenger car, and commercial vehicle. The major regional markets for automotive engineering services are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Harman International Industries, Inc., Capgemini Se, Bertrandt Ag, L&T Technology Services, Fev Europe Gmbh, Akka Technologies, Hcl Technologies, Iav Automotive Engineering, Altran Technologies, and Tech Mahindra Limited.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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