Automotive engineering

Global Automotive Engineering Services Outsourcing Market Report 2021: Market to Reach USD 383.8 Billion by 2027

DUBLIN, March 31, 2021 /PRNewswire/ — The “Automotive Engineering Services Outsourcing (ESO) – Global Market Trajectory and Analysis” report has been added to from ResearchAndMarkets.com offer.

Global Automotive Engineering Services Outsourcing (ESO) Market to Reach $383.8 billion by 2027

Amid COVID-19 Crisis, Global Automotive Engineering Services Outsourcing (ESO) Market Estimated at US$81.1 billion in 2020, is expected to reach a revised size of US$383.8 billion by 2027, growing at a CAGR of 24.9% over the analysis period 2020-2027.

Prototyping, one of the segments analyzed in the report, is expected to register a CAGR of 26.1% and reach US$130.4 billion at the end of the analysis period. After an initial analysis of the business implications of the pandemic and the induced economic crisis, the growth of the Design segment is readjusted to a revised CAGR of 27.2% for the next 7-year period.

The US market is estimated at $24.3 billionWhile China is expected to grow at a CAGR of 24.2%

The Automotive Engineering Services Outsourcing (ESO) Market in the United States is estimated at US$24.3 billion in the year 2020. Chinathe second largest economy in the world, is expected to reach a projected market size of US$66.2 billion by 2027 with a CAGR of 24.2% over the analysis period 2020 to 2027. Other notable geographic markets include Japan and Canada, each expected to grow by 22.4% and 21.1% respectively over the 2020-2027 period. In Europe, Germany is expected to grow at around 17.3% CAGR.

Systems Integration segment will register a CAGR of 24.2%

In the global systems integration segment, UNITED STATES, Canada, Japan, China and Europe will drive the CAGR of 24.1% estimated for this segment. These regional markets representing a combined market size of US$11.1 billion in the year 2020 will reach a projected size of US$50.5 billion at the end of the analysis period.

China will remain among the most dynamic in this group of regional markets. Led by countries such as Australia, Indiaand South Koreathe market of Asia Pacific should reach US$45.1 billion by 2027.

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Overview of the influencer market
  • Global Market Trajectories
  • Impact of Covid-19 and a looming global recession
  • Global market shares of competitors
  • Global Automotive Engineering Services Outsourcing (ESO) Competitor Market Share Scenario (in %): E
  • Global competitor market shares by segment

2. FOCUS ON CERTAIN PLAYERS (Total 41 featured):

  • Altair Engineering, Inc.
  • Alten GmbH
  • Altran
  • Asap Holding Gmbh
  • Avl
  • Bertrandt
  • Edag Engineering Gmbh
  • Esg Elektroniksystem- Und Logistik-Gmbh
  • Fev Group
  • Gigatronik

3. MARKET TRENDS AND DRIVERS

4. GLOBAL MARKET OUTLOOK

III. MARKET ANALYSIS

  • UNITED STATES
  • Market facts and figures
  • Market analysis
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • Market facts and figures
  • Market analysis
  • FRANCE
  • GERMANY
  • ITALY
  • UK
  • REST OF EUROPE
  • ASIA PACIFIC
  • REST OF THE WORLD

IV. COMPETITION

  • Total number of companies profiled: 41

For more information on this report, visit https://www.researchandmarkets.com/r/2oiqaw

Media Contact:

Research and Markets
Laura Woodsenior
[email protected]

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SOURCE Research and Markets

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