Automotive Engineering Services Market

Automotive Engineering Services Market Research Report Size and Growth, Latest Trends 2029

Automotive Engineering Services Market size was valued at US$ 166.94 Bn. in 2022 and the total revenue is expected to grow at 8.9 % of CAGR through 2023 to 2029, reaching nearly US$ 303.22 Bn.

Automotive Engineering Services Market Overview

The Automotive Engineering Services Market report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report expects the market to grow from USD in 2022 to USD by 2029 at a CAGR of percent during the forecast period from 2022 to 2029. Maximize Market Research is a leading research firm that has delivered a detailed analysis of the Automotive Engineering Services Market”.

Automotive Engineering Services Market Scope and Methodology: 

The Automotive Engineering Services Market report aims to estimate market sizes across countries and segments, projecting values for upcoming years. It delves into motivating factors, obstacles, and growth determinants. Alongside competitive landscape analysis and product insights, opportunities for stakeholder investment are outlined. Qualitative and quantitative industry aspects are covered. Primary and secondary data sources include press releases, reports, experts, and researchers. The report presents a comprehensive analysis of regional markets within the Automotive Engineering Services Market’s scope.

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Automotive Engineering Services Market Regional Insights

The Automotive Engineering Services market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Regional Analysis provides the Automotive Engineering Services market status of various countries are included in the report.

Automotive Engineering Services Market Segmentation

by Service Type

1. Connectivity
2. Designing
3. Prototyping
4. System Integration
5. Testing
6. Others

by Vehicle Type

1. Passenger Cars
2. Light Commercial Vehicles
3. Heavy Commercial Vehicles
4. Others

by location

1. In-house
2. Out-source

by Application

1. ADAS and Safety
2. Electrical, Electronics, and Body Controls
3. Chassis
4. Connectivity Services
5. Interior, Exterior, and Body Engineering
6. Powertrain and Exhaust
7. Simulation
8. Battery Development & Management
9. Charger Testing
10 Motor Control
11. Others

by Propulsion

1. ICE
2. Electric

by Nature Type

1. Body Leasing
2. Turnkey

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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)

Key questions answered in the Automotive Engineering Services Market are:

  • What is Automotive Engineering Services?
  • What was the Automotive Engineering Services market size in 2022?
  • What are the different segments of the Automotive Engineering Services Market?
  • What growth strategies are the players considering to increase their presence in Automotive Engineering Services?
  • What are the upcoming industry applications and trends for the Automotive Engineering Services Market?
  • What segments are covered in the 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?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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