Report cover image

Automotive Engineering Services Market by Service Type (Concept or Research, Designing, Prototyping), Location (In-House, Outsource), Vehicle Type, Engine Type, Application - Global Forecast 2023-2030

Publisher 360iResearch
Published Oct 05, 2023
Length 182 Pages
SKU # IRE18312277

Description

Automotive Engineering Services Market by Service Type (Concept or Research, Designing, Prototyping), Location (In-House, Outsource), Vehicle Type, Engine Type, Application - Global Forecast 2023-2030


The Automotive Engineering Services Market is projected to reach USD 366.80 billion by 2030 from USD 173.02 billion in 2022, at a CAGR of 9.84% during the forecast period.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Automotive Engineering Services Market.
  • Based on Service Type, market is studied across Concept or Research, Designing, Prototyping, System Integration, and Testing. The Prototyping commanded largest market share of 39.32% in 2022, followed by System Integration.
  • Based on Location, market is studied across In-House and Outsource. The In-House commanded largest market share of 78.77% in 2022, followed by Outsource.
  • Based on Vehicle Type, market is studied across Commercial Vehicle and Passenger Car. The Passenger Car commanded largest market share of 59.32% in 2022, followed by Commercial Vehicle.
  • Based on Engine Type, market is studied across Electric Vehicle and Internal Combustion Engine. The Internal Combustion Engine commanded largest market share of 67.23% in 2022, followed by Electric Vehicle.
  • Based on Application, market is studied across ADAS & Safety, Chassis, Connectivity Services, Electrical, Electronics & Body Controls, Interior, Exterior & Body Engineering, Powertrain & Exhaust, and Simulation. The Chassis commanded largest market share of 23.51% in 2022, followed by Powertrain & Exhaust.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 36.23% in 2022, followed by Americas.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Automotive Engineering Services Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Automotive Engineering Services Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Automotive Engineering Services Market, highlighting leading vendors and their innovative profiles. These include 3E Rapid Prototyping Ltd, AKKA Technologies SE, Altair Engineering Inc., ALTEN Group, ASM Technologies Limited, Aurora Innovation Inc., AVL List GmbH, Belcan, LLC, Bertrandt AG, BOLAB Systems GmbH, Capgemini SE, Continental AG, DEKRA SE, DesignTech Systems Pvt. Ltd., Ecolab, EDAG Engineering Group AG, FEV Group GmbH, Fidelis Engineering Associates, Gantner Instruments GmbH, GlobalLogic Inc. by Hitachi, Ltd., Grune Technica, Inc., Harman International Industries, Incorporated by Samsung Electronics Co., Ltd., HCL Technologies Limited, Horiba, Ltd., IAV GmbH Ingenieurgesellschaft Auto und Verkehr, Intertek Group PLC, Larsen & Toubro Limited, LeddarTech Inc., Lucid Group, Inc., N-iX Ltd., Oliver Wyman, LLC, Onward Technologies Limited, P3 group GmbH, Pilot Systems International, Proterra Inc., ProtoCAM, RA Global Tech Solutions LLP, Ricardo PLC, Robert Bosch GmbH, Roush Enterprises, Inc., Sigma Thermal, System Controls Technology Solutions Pvt. Ltd., TAAL Tech India Private Limited, Tech Mahindra Limited, The Productivity Team, LLC, TÜV Rheinland AG, Valmet Automotive PLC, Waymo LLC, Wipro Limited, and Zendrive India Private Limited.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Automotive Engineering Services Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Automotive Engineering Services Market?
  3. What is the competitive strategic window for identifying opportunities in the Automotive Engineering Services Market?
  4. What are the latest technology trends and regulatory frameworks in the Automotive Engineering Services Market?
  5. What is the market share of the leading vendors in the Automotive Engineering Services Market?
  6. Which modes and strategic moves are suitable for entering the Automotive Engineering Services Market?


Please Note: PDF & Excel + Online Access - 1 Year

Table of Contents

182 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Automotive Engineering Services Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising demand for autonomous vehicles coupled with the growing automobile industry
5.1.1.2. Stringent government policies and regulations for ICE vehicles to reduce vehicle emissions
5.1.1.3. Increasing demand for advanced connectivity and advanced safety & security solutions
5.1.2. Restraints
5.1.2.1. High cost of automotive engineering services with the use of advanced technologies
5.1.3. Opportunities
5.1.3.1. Introduction of 5G networks in the automotive sector for real-time vehicle-to-vehicle communication
5.1.3.2. Favorable investment landscape for the production of automotive
5.1.4. Challenges
5.1.4.1. Concerns related to the intellectual property and patent rights for OEMs
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
5.10.1. Connected Vehicles
5.10.2. Electric and Hybrid Vehicles
5.10.3. Advanced Driver-Assistance Systems (ADAS)
5.10.4. Macroeconomic Indicataors
6. Automotive Engineering Services Market, by Service Type
6.1. Introduction
6.2. Concept or Research
6.3. Designing
6.4. Prototyping
6.5. System Integration
6.6. Testing
7. Automotive Engineering Services Market, by Location
7.1. Introduction
7.2. In-House
7.3. Outsource
8. Automotive Engineering Services Market, by Vehicle Type
8.1. Introduction
8.2. Commercial Vehicle
8.3. Passenger Car
9. Automotive Engineering Services Market, by Engine Type
9.1. Introduction
9.2. Electric Vehicle
9.3. Internal Combustion Engine
10. Automotive Engineering Services Market, by Application
10.1. Introduction
10.2. ADAS & Safety
10.3. Chassis
10.4. Connectivity Services
10.5. Electrical, Electronics & Body Controls
10.6. Interior, Exterior & Body Engineering
10.7. Powertrain & Exhaust
10.8. Simulation
11. Americas Automotive Engineering Services Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific Automotive Engineering Services Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam
13. Europe, Middle East & Africa Automotive Engineering Services Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom
14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
14.3.1. Merger & Acquisition
14.3.1.1. Cognizant to acquire Mobica to enhance its IoT software engineering service offerings
14.3.1.2. Hinduja Tech acquires UK-based DSD to offer EV engineering services, ET Auto
14.3.2. Agreement, Collaboration, & Partnership
14.3.2.1. Jaguar Land Rover partners with Tata Technologies to accelerate the digital transformation of its industrial operations
14.3.2.2. Tech Mahindra Partners with Foxconn-initiated MIH Consortium to Offer Sustainable Automotive Engineering Solutions
14.3.2.3. L&T Partnership With BMW Group: L&T Technology Services bags 5-year infotainment deal from BMW Group
14.3.3. New Product Launch & Enhancement
14.3.3.1. L&T Technology Services Unveils CoE to Offer Suite of Automotive Solutions on AWS
14.3.3.2. FEV Expands Development Capabilities with Launch of FEV.io Intelligent Mobility Software Brand
14.3.4. Investment & Funding
14.3.4.1. Magna To Invest Over $120 Million For Setting Up New Engineering Centre In Bengaluru
14.3.4.2. Ola to invest $100 mn in setting up a vehicle design, engineering centre in UK
14.3.5. Award, Recognition, & Expansion
14.3.5.1. VVDN strengthen its services portfolio with the addition of Automotive Engineering and Manufacturing Services for global markets
14.3.5.2. Continental Inaugurates new State-of-the-art Campus for its Technical Center in Bengaluru
15. Competitive Portfolio
15.1. Key Company Profiles
15.1.1. 3E Rapid Prototyping Ltd
15.1.2. AKKA Technologies SE
15.1.3. Altair Engineering Inc.
15.1.4. ALTEN Group
15.1.5. ASM Technologies Limited
15.1.6. Aurora Innovation Inc.
15.1.7. AVL List GmbH
15.1.8. Belcan, LLC
15.1.9. Bertrandt AG
15.1.10. BOLAB Systems GmbH
15.1.11. Capgemini SE
15.1.12. Continental AG
15.1.13. DEKRA SE
15.1.14. DesignTech Systems Pvt. Ltd.
15.1.15. Ecolab
15.1.16. EDAG Engineering Group AG
15.1.17. FEV Group GmbH
15.1.18. Fidelis Engineering Associates
15.1.19. Gantner Instruments GmbH
15.1.20. GlobalLogic Inc. by Hitachi, Ltd.
15.1.21. Grune Technica, Inc.
15.1.22. Harman International Industries, Incorporated by Samsung Electronics Co., Ltd.
15.1.23. HCL Technologies Limited
15.1.24. Horiba, Ltd.
15.1.25. IAV GmbH Ingenieurgesellschaft Auto und Verkehr
15.1.26. Intertek Group PLC
15.1.27. Larsen & Toubro Limited
15.1.28. LeddarTech Inc.
15.1.29. Lucid Group, Inc.
15.1.30. N-iX Ltd.
15.1.31. Oliver Wyman, LLC
15.1.32. Onward Technologies Limited
15.1.33. P3 group GmbH
15.1.34. Pilot Systems International
15.1.35. Proterra Inc.
15.1.36. ProtoCAM
15.1.37. RA Global Tech Solutions LLP
15.1.38. Ricardo PLC
15.1.39. Robert Bosch GmbH
15.1.40. Roush Enterprises, Inc.
15.1.41. Sigma Thermal
15.1.42. System Controls Technology Solutions Pvt. Ltd.
15.1.43. TAAL Tech India Private Limited
15.1.44. Tech Mahindra Limited
15.1.45. The Productivity Team, LLC
15.1.46. TÜV Rheinland AG
15.1.47. Valmet Automotive PLC
15.1.48. Waymo LLC
15.1.49. Wipro Limited
15.1.50. Zendrive India Private Limited
15.2. Key Product Portfolio
16. Appendix
16.1. Discussion Guide
16.2. License & Pricing

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us