Automotive engineering

Automotive Engineering Services Market Size, Segments, Share

automotive engineering services market

‘Global Automotive Engineering Services Market Report 2022 – Global Market Size, Trends and Forecasts 2022-2026’ by The Business Research Company is the most comprehensive report available on this market, with growth analysis historical and forecast of the market, drivers and restraints causing and highlights the opportunities that companies in the sector can seize. The Automotive Engineering Services Market research report helps in gaining a truly global perspective of the Automotive Engineering Services industry as it covers 60 geographies globally. Regional and country breakdowns give an analysis of the market in each geography, with market size information by region and country.

Regions covered in the Automotive Engineering Services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle- East and Africa. Among these regions, Asia-Pacific accounts for the largest automotive engineering services market share.

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The automotive engineering services market includes sales of automotive engineering services by entities (organizations, sole proprietorships, and partnerships) that include mechanical, electrical, software, safety, and electronics engineering for automobile design. Automotive engineering services optimize the manufacturing process to improve the overall operational efficiency of the vehicle. Automotive engineering services provide advanced and innovative features in comfort, infotainment and safety through the integration of advanced electronics into vehicles.

Major competitors in the automotive engineering services market include Capgemini Se, IAV GmbH, Tech Mahindra Limited, AKKA Technologies, Bertrandt AG, Harman International Industries, Inc, Alten Cresttek, L&T Technology Services, Fev Europe Gmbh, Akka Technologies , AVL, FEV , Ricardo, EDAG Engineering GmbH, Valmet Automotive, Onward Technologies Ltd, T-NET Japan Co., Ltd, Kistler Group, Continental AG, Semcon and Robert Bosch GmbH.

The global automotive engineering services market size is expected to grow from USD 199.0 billion in 2021 to USD 220.9 billion in 2022 at a compound annual growth rate (CAGR) of 10.96%. The growth of the market is mainly driven by businesses resuming operations and adapting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive lockdown measures involving social distancing, remote work and business closures. activities that have resulted in operational difficulties. The global automotive engineering services market size is expected to reach USD 336.0 billion in 2026 with a CAGR of 11.06%.

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TBRC’s report segments the global automotive engineering services market:
1) By type of vehicle: passenger cars, commercial vehicles
2) By type of service: concept/research, design, prototyping, system integration, testing
3) By type of location: On-Shore, Off-Shore
4) By Application: Electrical, Electronics & Body Controls, ADAS & Safety, Chassis, Connectivity Services, Powertrain & Exhaust, Interior, Exterior & Body Engineering, Simulation

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The table of contents includes:
1. Summary
2. Characteristics of Automotive Engineering Services Market
3. Automotive Engineering Services Market Trends and Strategies
4. Impact of COVID-19 on Automotive Engineering Services
5. Automotive Engineering Services Market Size and Growth
27. Automotive Engineering Services Market Competitive Landscape and Company Profiles
28. Major mergers and acquisitions in the automotive engineering services market
29. Automotive Engineering Services Market Future Outlook and Potential Analysis
30. Annex

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