The Automotive Engineering Services Market size was valued at US$ 181.80 Bn. in 2023 and the total revenue is expected to grow at 8.9 % of CAGR through 2024 to 2030, reaching nearly US$ 330.20 Bn.
Automotive Engineering Services Market Overview
Maximize Market Research, a leading business consultancy firm has published a comprehensive analysis of the Automotive Engineering Services Market. This report provides valuable insights into market trends, demand and pricing dynamics, and the competitive landscape. It offers an in-depth evaluation of the market’s current state along with detailed growth projections.
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Automotive Engineering Services Market Scope and Methodology:
The report delivers a detailed examination of the Automotive Engineering Services Market, focusing on key growth drivers, challenges, and emerging opportunities. The insights are derived from a mix of qualitative and quantitative research, leveraging:
Primary Research: Surveys and interviews with industry stakeholders, including manufacturers, suppliers, and customers.Secondary Research: Analysis of trade publications, industry reports, government data, and company websites.
The study employs advanced methodologies, including ROI analysis, feasibility studies, and Porter’s Five Forces Analysis, using a bottom-up approach to estimate market size regionally and globally.
Automotive Engineering Services Market Regional Insights
The Regional Analysis section of the report provides a detailed overview of the Automotive Engineering Services Market’s current status across various countries. Gaining insights into the complex dynamics of this market requires a thorough understanding of regional perspectives. Covering regions such as North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa, the report offers an in-depth examination of market size, growth rates, import-export data, and other critical factors for each region.
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Automotive Engineering Services Market Segmentation
by Service Type
Connectivity
Designing
Prototyping
System Integration
Testing
Others
by Vehicle Type
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Others
by location
In-house
Out-source
by Application
ADAS and Safety
Electrical, Electronics, and Body Controls
Chassis
Connectivity Services
Interior, Exterior, and Body Engineering
Powertrain and Exhaust
Simulation
Battery Development & Management
Charger Testing
Motor Control
Others
by Propulsion
ICE
Electric
by Nature Type
Body Leasing
Turnkey
Automotive Engineering Services Market Key Players
1. Altair Engineering Inc. (US)
2. Pilot Systems International (US)
3. HARMAN International (US)
4. EPAM Systems (US)
5. GlobalLogic (US)
6. Belcan (US)
7. Hunter Engineering Company (US)
8. Alten Group (France)
9. Altran (Capgemini Engineering) (France)
10 ESI Group (France)
11. ASAP Holding Gmbh (Germany)
12. ESG Elektroniksystem- und Logistik-GmbH (Germany)
13. FEV Group GmbH (Germany)
14. Bertrandt AG (Germany)
15. EDAG Group (Germany)
16. ITK Engineering GmbH (Germany)
17. P3 group GmbH (Germany)
18. Robert Bosch GmbH (Germany)
19. IAV (Germany)
20. Continental AG (Germany)
21. L&T Technology Services Limited (India)
22. HCL Technologies Limited (India)
23. Onward Technologies Ltd. (India)
24. Horiba, LTD. (Japan)
25. Ricardo (UK)
26. Akka Technologies (Belgium)
27. Valmet Automotive (Finland)
28. Semcon (Sweden)
29. AVL List GmbH (Austria)
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Key questions answered in the Automotive Engineering Services Market are:
What is Automotive Engineering Services Market?
Who are the leading companies and what are their portfolios in Automotive Engineering Services Market?
What segments are covered in the Automotive Engineering Services Market?
Who are the key players in the Automotive Engineering Services Market?
Which application holds the highest potential in the Automotive Engineering Services Market?
What are the key challenges and opportunities in the Automotive Engineering Services Market?
What growth strategies are the players considering to increase their presence in Automotive Engineering Services Market?
What is the growth rate of the Automotive Engineering Services Market?
What are the factors expected to drive the Automotive Engineering Services Market growth?
What are the upcoming industry applications and trends for the Automotive Engineering Services Market?
What will be the CAGR at which the Automotive Engineering Services Market will grow?
What are the different segments of the Automotive Engineering Services Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Automotive Engineering Services Market?
Key Offerings:
Market Overview
Market Share
Market Size
Forecast by Revenue |
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by segments, sub-segments, and region
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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