Global Automotive Engineering Service Providers (ESP) Market 2023-2027

Global Automotive Engineering Service Providers (ESP) Market 2023-2027

Technavio has been monitoring the automotive engineering service providers (ESP) market and it is poised to grow by $8381.88 mn during 2023-2027, accelerating at a CAGR of 8.2% during the forecast period. Our report on the automotive engineering service providers (ESP) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing vehicle digitization and electrification, rising demand for vehicle connectivity solutions, and the development of alternative power trains.

Technavio's automotive engineering service providers (ESP) market is segmented as below:

By Service

  • Powertrain
  • Complete vehicle
  • Electrical/electronics
  • Others
By Geographical Landscape
  • Europe
  • APAC
  • North America
  • South America
  • Middle East and Africa
This study identifies the development of autonomous vehicles as one of the prime reasons driving the automotive engineering service providers (ESP) market growth during the next few years. Also, a fully integrated engineering data process chain for additive manufacturing and the growing traction of industry 4.0 will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the automotive engineering service providers (ESP) market covers the following areas:
  • Automotive engineering service providers (ESP) market sizing
  • Automotive engineering service providers (ESP) market forecast
  • Automotive engineering service providers (ESP) market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive engineering service providers (ESP) market vendors that include AKKA Technologies SE, Altair Engineering Inc., AVL List GmbH, Bertrandt AG, Capgemini Service SAS, EDAG Group, EPAM Systems Inc., FEV Group GmbH, HCL Technologies Ltd., Hitachi Ltd., IAV GmbH, KPIT Technologies Ltd., L and T Technology Services Ltd., Mahindra and Mahindra Ltd., Onward Technologies Ltd., Ricardo Plc, ASM Technologies Ltd., Belcan LLC, Contechs Holdings Ltd., and Magna International Inc. Also, the automotive engineering service providers (ESP) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Chart on Market Overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Chart on Global Market Characteristics
      • Table Executive Summary - Chart on Market by Geography
      • Table Executive Summary - Chart on Market Segmentation by Service
      • Table Executive Summary - Chart on Market Segmentation by Location
      • Table Executive Summary - Chart on Incremental Growth
      • Table Executive Summary - Data Table on Incremental Growth
      • Table Executive Summary - Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global automotive engineering service providers (ESP) market 2017 - 2021
      • Table Historic market size - Data table on global automotive engineering service providers (ESP) market 2017 - 2021 ($ million)
    • Service Segment Analysis 2017 - 2021
      • Table Historic market size - Service segment 2017 - 2021 ($ million)
    • Location Segment Analysis 2017 - 2021
      • Table Historic market size - Location segment 2017 - 2021 ($ million)
    • Geography Segment Analysis 2017 - 2021
      • Table Historic market size - Geography segment 2017 - 2021 ($ million)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size - Country Segment 2017 - 2021 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers - Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants - Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes - Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry - Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Service
    • Market segments
      • Table Chart on Service - Market share 2022-2027 (%)
      • Table Data Table on Service - Market share 2022-2027 (%)
    • Comparison by Service
      • Table Chart on Comparison by Service
      • Table Data Table on Comparison by Service
    • Powertrain - Market size and forecast 2022-2027
      • Table Chart on Powertrain - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Powertrain - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Powertrain - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Powertrain - Year-over-year growth 2022-2027 (%)
    • Complete vehicle - Market size and forecast 2022-2027
      • Table Chart on Complete vehicle - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Complete vehicle - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Complete vehicle - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Complete vehicle - Year-over-year growth 2022-2027 (%)
    • Electrical/electronics - Market size and forecast 2022- 2027
      • Table Chart on Electrical/electronics - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Electrical/electronics - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Electrical/electronics - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Electrical/electronics - Year-over-year growth 2022-2027 (%)
    • Others - Market size and forecast 2022-2027
      • Table Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Others - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Others - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Service
      • Table Market opportunity by Service ($ million)
  • Market Segmentation by Location
    • Market segments
      • Table Chart on Location - Market share 2022-2027 (%)
      • Table Data Table on Location - Market share 2022-2027 (%)
    • Comparison by Location
      • Table Chart on Comparison by Location
      • Table Data Table on Comparison by Location
    • In-house - Market size and forecast 2022-2027
      • Table Chart on In-house - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on In-house - Market size and forecast 2022-2027 ($ million)
      • Table Chart on In-house - Year-over-year growth 2022-2027 (%)
      • Table Data Table on In-house - Year-over-year growth 2022-2027 (%)
    • Out-source - Market size and forecast 2022-2027
      • Table Chart on Out-source - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Out-source - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Out-source - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Out-source - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Location
      • Table Market opportunity by Location ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • APAC - Market size and forecast 2022-2027
      • Table Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Table Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • South America - Market size and forecast 2022-2027
      • Table Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Table Chart on South America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South America - Year-over-year growth 2022-2027 (%)
    • Middle East and Africa - Market size and forecast 2022- 2027
      • Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • Germany - Market size and forecast 2022-2027
      • Table Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Table Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • China - Market size and forecast 2022-2027
      • Table Chart on China - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Table Chart on China - Year-over-year growth 2022-2027 (%)
      • Table Data Table on China - Year-over-year growth 2022-2027 (%)
    • France - Market size and forecast 2022-2027
      • Table Chart on France - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Table Chart on France - Year-over-year growth 2022-2027 (%)
      • Table Data Table on France - Year-over-year growth 2022-2027 (%)
    • UK - Market size and forecast 2022-2027
      • Table Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Table Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Table Chart on UK - Year-over-year growth 2022-2027 (%)
      • Table Data Table on UK - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing vehicle digitization and electrification
      • Rising demand for vehicle connectivity solutions
      • Development of alternative power trains
    • Market challenges
      • Increasing cost pressure on OEMs
      • Frequent changes in market dynamics lead to an increase in order backlog
      • Rising cybersecurity threats
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Development of autonomous vehicles
      • Fully integrated engineering data process chain for additive manufacturing
      • Growing traction of Industry 4.0
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • AKKA Technologies SE
      • Table AKKA Technologies SE - Overview
      • Table AKKA Technologies SE - Business segments
      • Table AKKA Technologies SE - Key offerings
      • Table AKKA Technologies SE - Segment focus
    • Altair Engineering Inc.
      • Table Altair Engineering Inc. - Overview
      • Table Altair Engineering Inc. - Business segments
      • Table Altair Engineering Inc. - Key offerings
      • Table Altair Engineering Inc. - Segment focus
    • ASM Technologies Ltd.
      • Table ASM Technologies Ltd. - Overview
      • Table ASM Technologies Ltd. - Product / Service
      • Table ASM Technologies Ltd. - Key offerings
    • AVL List GmbH
      • Table AVL List GmbH - Overview
      • Table AVL List GmbH - Product / Service
      • Table AVL List GmbH - Key offerings
    • Belcan LLC
      • Table Belcan LLC - Overview
      • Table Belcan LLC - Product / Service
      • Table Belcan LLC - Key offerings
    • Bertrandt AG
      • Table Bertrandt AG - Overview
      • Table Bertrandt AG - Product / Service
      • Table Bertrandt AG - Key news
      • Table Bertrandt AG - Key offerings
    • Capgemini Service SAS
      • Table Capgemini Service SAS - Overview
      • Table Capgemini Service SAS - Business segments
      • Table Capgemini Service SAS - Key news
      • Table Capgemini Service SAS - Key offerings
      • Table Capgemini Service SAS - Segment focus
    • Contechs Holdings Ltd.
      • Table Contechs Holdings Ltd. - Overview
      • Table Contechs Holdings Ltd. - Product / Service
      • Table Contechs Holdings Ltd. - Key offerings
    • EDAG Group
      • Table EDAG Group - Overview
      • Table EDAG Group - Product / Service
      • Table EDAG Group - Key news
      • Table EDAG Group - Key offerings
    • EPAM Systems Inc.
      • Table EPAM Systems Inc. - Overview
      • Table EPAM Systems Inc. - Business segments
      • Table EPAM Systems Inc. - Key offerings
      • Table EPAM Systems Inc. - Segment focus
    • HCL Technologies Ltd.
      • Table HCL Technologies Ltd. - Overview
      • Table HCL Technologies Ltd. - Business segments
      • Table HCL Technologies Ltd. - Key offerings
      • Table HCL Technologies Ltd. - Segment focus
    • IAV GmbH
      • Table IAV GmbH - Overview
      • Table IAV GmbH - Product / Service
      • Table IAV GmbH - Key offerings
    • L and T Technology Services Ltd.
      • Table L and T Technology Services Ltd. - Overview
      • Table L and T Technology Services Ltd. - Business segments
      • Table L and T Technology Services Ltd. - Key offerings
      • Table L and T Technology Services Ltd. - Segment focus
    • Mahindra and Mahindra Ltd.
      • Table Mahindra and Mahindra Ltd. - Overview
      • Table Mahindra and Mahindra Ltd. - Business segments
      • Table Mahindra and Mahindra Ltd. - Key news
      • Table Mahindra and Mahindra Ltd. - Key offerings
      • Table Mahindra and Mahindra Ltd. - Segment focus
    • Ricardo Plc
      • Table Ricardo Plc - Overview
      • Table Ricardo Plc - Business segments
      • Table Ricardo Plc - Key offerings
      • Table Ricardo Plc - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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