This Automotive Engineering Services market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Automotive Engineering Services report simplifies managing marketing of goods and services effectively.
Global automotive engineering services market was valued at USD 85.03 billion in 2023 and is expected to reach USD 122.07 billion by 2031, registering a CAGR of 11.30% during the forecast period of 2024-2031.
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Market Overview:
Global automotive engineering services market refers to the industry involved in the production, distribution, and utilization of metallic materials specifically tailored for automotive applications. This market encompasses various metals such as steel, aluminum, magnesium, and others, which are utilized in the manufacturing of vehicle components including body structures, engines, chassis, and interiors. Factors driving this market include the increasing demand for lightweight materials to enhance fuel efficiency, stringent regulations on vehicle emissions and safety standards, and the growing trend towards electric vehicles, which require specialized metal components. Key players in this market include major metal producers, automotive manufacturers, and suppliers of metal components. Technological advancements and innovations in metallurgy aimed at improving material strength, durability, and recyclability are also significant aspects shaping the market landscape.
Some of the major players operating in the Automotive Engineering Services market are Akkodis (Belgium), Altair Engineering Inc. (U.S.), Alten Group (France), Cap Gemini Engineering (France), ARRK Product Development Group USA. Inc. (U.S.), ASAP HOLDING GMBH (Germany), AVL List GmbH (Austria), Bertrandt AG (Germany), EDAG Group (Germany), ESG Elektroniksystem- und Logistik-GmbH (Germany), FEV Group GmbH (Germany), Horiba, LTD. (Japan), IAV (Germany), ITK Engineering GmbH (Germany), Kistler Group (Germany), P3 group GmbH (Germany), RLE INTERNATIONAL Group (Germany) among others.
Global Automotive Engineering Services Market Scope
The market is segmented on the basis of service type, application, location, and vehicle type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Service Type
Concept/Research
Designing
Prototyping
System Integration
Testing
Application
ADAS and Safety
Electrical
Electronics and Body Controls
Chassis
Connectivity Services
Interior
Exterior and Body Engineering
Powertrain and Exhaust
Simulation
Others
Location
In-House
Outsource
Vehicle Type
Passenger Car (PC)
Commercial Vehicle (CV)
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Automotive Engineering Services Market Landscape
Part 04: Global Automotive Engineering Services Market Sizing
Part 05: Global Automotive Engineering Services Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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