The global automotive engineering services market is expected to grow at a CAGR of around 12.3% from 2019 to 2026 and expected to reach the market value of around 352 billion by 2026.
Automotive engineering is the activity of designing and constructing automobiles with the combination of mechanical, electrical, electronic, software and safety engineering. Automotive engineering services are provided for designing and testing brake systems, engines, safety mechanisms, fuel technologies and transmission among others. Furthermore, the automotive engineering services market is segmented into service type, application, location, vehicle type, and regions. The service type is further segmented into concept/research, designing, prototyping, system integration, and testing.
Market Dynamics
The global automotive engineering market is particularly growing owing to the increasing demand for advanced connectivity solutions. The increasing carbon footprints result in increasing environmental concern, which in turn rising adoption of EVs and shared mobility for a greener environment is accelerating the market value. Increasing tie-ups between automotive OEMs and suppliers, along with increasing spending on R&D by global companies is further accelerating market growth. The governments of several countries are enforcing strict emission policies and regulations for ICE vehicles are an important factor propelling market growth. In addition, telecom and software companies are also investing in autonomous and connected car verticals, which are further expected to stimulate market value.
On the flip side, Intellectual Property (IP) constraint and shifting business model are expected to hamper the growth over the forecast period. Whereas, standardization of safety features and rising demand for autonomous vehicles is anticipated to create potential demand over the forecast period. In addition to these, rising demand for outsourcing of automotive engineering services is further expected to create potential demand over the forecast period.
By application, the connectivity services are projected to be the fastest-growing segment throughout the forecast period. The increasing autonomous vehicle testing practices coupled with the advancements in AI technology with the introduction of 5G connectivity in the automotive is also boosting the segment growth. Vehicle diagnostics, parking assistance, smart infotainment, and diagnostics are some of the features associated with the connectivity services, which are further expected to expand market share over the forecast period.
In-house automotive engineering services based on location are expected to register the highest growth during the forecast period. The segment is expected to gain positive growth due to the increasing preference of Original Equipment Manufacturer (OEM) for In-house development of complicated procedures including engine design, powertrain design, and transmission systems. In addition to these, the designs and optimization of automotive parts differ from one OEM to another for the same concern, it is preferred to be carried in-house for better results. These are some of the factors anticipated to augment demand over the forecast period from 2019 to 2026.
On the basis of vehicle type, passenger car is projected to experience the fastest growth over the forecast period. The increasing demand for autonomous vehicles and simultaneously rising concern for environmental conditions such as air pollution and global warming are further boosting the growth of the segment over the forecast period.
The market research study on “Automotive Engineering Services Market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026”, offers a detailed insights on the global Automotive Engineering Services market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global automotive engineering services market, its service type, application, location, vehicle type and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global automotive engineering services market size and volume, and segment markets by service type, application, location, vehicle type and geography along with the information on companies operating in the market. The automotive engineering services market analysis is provided for major regional markets including North America, Europe, China, Southeast Asia, Japan and India followed by major countries. For each region, the market size and volume for different segments has been covered under the scope of report.
On the basis of region, the market is segmented across the regions of North America, Europe, Latin America, Asia Pacific and Middle East and Africa. From the aforementioned regions, Europe is anticipated to grow at a faster pace during the forecast period owing to the increasing demand for refined and low emission vehicles. The confirmation of the objective for reducing greenhouse gas emission to 80-95% by 2050 is further favoring the market growth. The increasing investment in R&D by global players in the region is another factor boosting the market value.
The players profiled in the report include Harman, Capgemini, AVL, Bertrandt AG, Alten Cresttek, L&T Technology Services, FEV, Akka Technologies, HCL Technologies, IAV Automotive Engineering, Altran, Ricardo, and Tech Mahindra. The major manufacturers are involved in mergers and acquisitions, partnerships and new product development for the expansion of market share.
Market Segmentation:
Market By Service Type
- Concept/Research
- Designing
- Prototyping
- System Integration
- Testing
Market By Application
- ADAS and Safety
- Electrical, Electronics and Body Controls
- Chassis
- Connectivity Services
- Interior, Exterior, and Body Engineering
- Powertrain and Exhaust
- Simulation
Market By Location
Market By Vehicle Type
- Passenger Car
- Commercial Vehicle
Market By Geography
- North America
- Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Automotive Engineering Services
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Automotive Engineering Services Market By Service Type
1.2.2.1. Global Automotive Engineering Services Market Revenue and Growth Rate Comparison By Service Type (2015-2026)
1.2.2.2. Global Automotive Engineering Services Market Revenue Share By Service Type in 2018
1.2.2.3. Concept/Research
1.2.2.4. Designing
1.2.2.5. Prototyping
1.2.2.6. System Integration
1.2.2.7. Testing
1.2.3. Automotive Engineering Services Market By Application
1.2.3.1. Global Automotive Engineering Services Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.2. ADAS and Safety
1.2.3.3. Electrical, Electronics and Body Controls
1.2.3.4. Chassis
1.2.3.5. Connectivity Services
1.2.3.6. Interior, Exterior, and Body Engineering
1.2.3.7. Powertrain and Exhaust
1.2.3.8. Simulation
1.2.4. Automotive Engineering Services Market By Location
1.2.4.1. Global Automotive Engineering Services Market Revenue and Growth Rate Comparison By Location (2015-2026)
1.2.4.2. In-house
1.2.4.3. Outsource
1.2.5. Automotive Engineering Services Market By Vehicle Type
1.2.5.1. Global Automotive Engineering Services Market Revenue and Growth Rate Comparison By Vehicle Typer (2015-2026)
1.2.5.2. Passenger Car
1.2.5.3. Commercial Vehicle
1.2.6. Automotive Engineering Services Market By Geography
1.2.6.1. Global Automotive Engineering Services Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.6.2. North America Automotive Engineering Services Market Revenue and Growth Rate(2015-2026)
1.2.6.3. Europe Automotive Engineering Services Market Revenue and Growth Rate(2015-2026)
1.2.6.4. Asia-Pacific Automotive Engineering Services Market Revenue and Growth Rate(2015-2026)
1.2.6.5. Latin America Automotive Engineering Services Market Revenue and Growth Rate(2015-2026)
1.2.6.6. Middle East and Africa (MEA) Automotive Engineering Services Market Revenue and Growth Rate(2015-2026)
CHAPTER 2. MARKET DYNAMICSAND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Automotive Engineering Services Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Automotive Engineering Services Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Automotive Engineering Services Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Automotive Engineering Services Major Manufacturers in 2018
CHAPTER 4. AUTOMOTIVE ENGINEERING SERVICES MARKET BY SERVICE TYPE
4.1. Global Automotive Engineering Services Revenue By Service Type
4.2. Concept/Research
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Designing
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Prototyping
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. System Integration
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.6. Testing
4.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. AUTOMOTIVE ENGINEERING SERVICES MARKET BY APPLICATION
5.1. Global Automotive Engineering Services Revenue By Application
5.2. ADAS and Safety
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Electrical, Electronics and Body Controls
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Chassis
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Connectivity Services
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.6. Interior, Exterior, and Body Engineering
5.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.7. Powertrain and Exhaust
5.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.8. Simulation
5.8.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.8.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. AUTOMOTIVE ENGINEERING SERVICES MARKET BY LOCATION
6.1. Global Automotive Engineering Services Revenue By Location
6.2. In-house
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Outsource
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 7. AUTOMOTIVE ENGINEERING SERVICES MARKET By Vehicle Type
7.1. Global Automotive Engineering Services Revenue By Vehicle Type
7.2. Passenger Car
7.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
7.3. Commercial Vehicle
7.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 8. NORTH AMERICA AUTOMOTIVE ENGINEERING SERVICES MARKET BY COUNTRY
8.1. North America Automotive Engineering Services Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. North America Automotive Engineering Services Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. U.S.
8.3.1. U.S. Automotive Engineering Services Market Revenue and Forecast By Service Type, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By Location, 2015 - 2026 ($Million)
8.3.4. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
8.4. Canada
8.4.1. Market Revenue and Forecast By Service Type, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By Location, 2015 - 2026 ($Million)
8.4.4. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
CHAPTER 9. EUROPE AUTOMOTIVE ENGINEERING SERVICES MARKET BY COUNTRY
9.1. Europe Automotive Engineering Services Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Europe Automotive Engineering Services Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. UK
9.3.1. Market Revenue and Forecast By Service Type, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By Location, 2015 - 2026 ($Million)
9.3.4. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
9.4. Germany
9.4.1. Market Revenue and Forecast By Service Type, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By Location, 2015 - 2026 ($Million)
9.4.4. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
9.5. France
9.5.1. Market Revenue and Forecast By Service Type, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By Location, 2015 - 2026 ($Million)
9.5.4. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
9.6. Spain
9.6.1. Market Revenue and Forecast By Service Type, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By Location, 2015 - 2026 ($Million)
9.6.4. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
9.7. Rest of Europe
9.7.1. Market Revenue and Forecast By Service Type, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By Location, 2015 - 2026 ($Million)
9.7.4. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
CHAPTER 10. ASIA-PACIFIC AUTOMOTIVE ENGINEERING SERVICES MARKET BY COUNTRY
10.1. Asia-Pacific Automotive Engineering Services Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Asia-Pacific Automotive Engineering Services Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. China
10.3.1. Market Revenue and Forecast By Service Type, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By Location, 2015 - 2026 ($Million)
10.3.4. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
10.4. Japan
10.4.1. Market Revenue and Forecast By Service Type, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By Location, 2015 - 2026 ($Million)
10.4.4. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
10.5. India
10.5.1. Market Revenue and Forecast By Service Type, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By Location, 2015 - 2026 ($Million)
10.5.4. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
10.6. Australia
10.6.1. Market Revenue and Forecast By Service Type, 2015 - 2026 ($Million)
10.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.6.3. Market Revenue and Forecast By Location, 2015 - 2026 ($Million)
10.6.4. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
10.7. South Korea
10.7.1. Market Revenue and Forecast By Service Type, 2015 - 2026 ($Million)
10.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.7.3. Market Revenue and Forecast By Location, 2015 - 2026 ($Million)
10.7.4. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
10.8. Rest of Asia-Pacific
10.8.1. Market Revenue and Forecast By Service Type, 2015 - 2026 ($Million)
10.8.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.8.3. Market Revenue and Forecast By Location, 2015 - 2026 ($Million)
10.8.4. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
CHAPTER 11. LATIN AMERICA AUTOMOTIVE ENGINEERING SERVICES MARKET BY COUNTRY
11.1. Latin America Automotive Engineering Services Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Latin America Automotive Engineering Services Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. Brazil
11.3.1. Market Revenue and Forecast By Service Type, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By Location, 2015 - 2026 ($Million)
11.3.4. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
11.4. Mexico
11.4.1. Market Revenue and Forecast By Service Type, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By Location, 2015 - 2026 ($Million)
11.4.4. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
11.5. Rest of Latin America
11.5.1. Market Revenue and Forecast By Service Type, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By Location, 2015 - 2026 ($Million)
11.5.4. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
CHAPTER 12. MIDDLE EAST & AFRICA AUTOMOTIVE ENGINEERING SERVICES MARKET BY COUNTRY
12.1. Middle East & Africa Automotive Engineering Services Market Revenue and Growth Rate, 2015 - 2026 ($Million)
12.2. Middle East & Africa Automotive Engineering Services Market Revenue Share Comparison, 2015 & 2026 (%)
12.3. GCC
12.3.1. Market Revenue and Forecast By Service Type, 2015 - 2026 ($Million)
12.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.3.3. Market Revenue and Forecast By Location, 2015 - 2026 ($Million)
12.3.4. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
12.4. South Africa
12.4.1. Market Revenue and Forecast By Service Type, 2015 - 2026 ($Million)
12.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.4.3. Market Revenue and Forecast By Location, 2015 - 2026 ($Million)
12.4.4. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
12.5. Rest of Middle East & Africa
12.5.1. Market Revenue and Forecast By Service Type, 2015 - 2026 ($Million)
12.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.5.3. Market Revenue and Forecast By Location, 2015 - 2026 ($Million)
12.5.4. Market Revenue and Forecast By Vehicle Type, 2015 - 2026 ($Million)
CHAPTER 13. COMPANY PROFILE
13.1. Harman
13.1.1. Company Snapshot
13.1.2. Overview
13.1.3. Financial Overview
13.1.4. Type Portfolio
13.1.5. Key Developments
13.1.6. Strategies
13.2. Capgemini
13.2.1. Company Snapshot
13.2.2. Overview
13.2.3. Financial Overview
13.2.4. Type Portfolio
13.2.5. Key Developments
13.2.6. Strategies
13.3. AVL
13.3.1. Company Snapshot
13.3.2. Overview
13.3.3. Financial Overview
13.3.4. Type Portfolio
13.3.5. Key Developments
13.3.6. Strategies
13.4. Bertrandt AG
13.4.1. Company Snapshot
13.4.2. Overview
13.4.3. Financial Overview
13.4.4. Type Portfolio
13.4.5. Key Developments
13.4.6. Strategies
13.5. Alten Cresttek
13.5.1. Company Snapshot
13.5.2. Overview
13.5.3. Financial Overview
13.5.4. Type Portfolio
13.5.5. Key Developments
13.5.6. Strategies
13.6. L&T Technology Services
13.6.1. Company Snapshot
13.6.2. Overview
13.6.3. Financial Overview
13.6.4. Type Portfolio
13.6.5. Key Developments
13.6.6. Strategies
13.7. FEV
13.7.1. Company Snapshot
13.7.2. Overview
13.7.3. Financial Overview
13.7.4. Type Portfolio
13.7.5. Key Developments
13.7.6. Strategies
13.8. Akka Technologies
13.8.1. Company Snapshot
13.8.2. Overview
13.8.3. Financial Overview
13.8.4. Type Portfolio
13.8.5. Key Developments
13.8.6. Strategies
13.9. HCL Technologies
13.9.1. Company Snapshot
13.9.2. Overview
13.9.3. Financial Overview
13.9.4. Type Portfolio
13.9.5. Key Developments
13.9.6. Strategies
13.10. IAV Automotive Engineering
13.10.1. Company Snapshot
13.10.2. Overview
13.10.3. Financial Overview
13.10.4. Type Portfolio
13.10.5. Key Developments
13.10.6. Strategies
13.11. Altran
13.11.1. Company Snapshot
13.11.2. Overview
13.11.3. Financial Overview
13.11.4. Type Portfolio
13.11.5. Key Developments
13.11.6. Strategies
13.12. Ricardo
13.12.1. Company Snapshot
13.12.2. Overview
13.12.3. Financial Overview
13.12.4. Type Portfolio
13.12.5. Key Developments
13.12.6. Strategies
13.13. Tech Mahindra
13.13.1. Company Snapshot
13.13.2. Overview
13.13.3. Financial Overview
13.13.4. Type Portfolio
13.13.5. Key Developments
13.13.6. Strategies
CHAPTER 14. RESEARCH APPROACH
14.1. Research Methodology
14.1.1. Initial Data Search
14.1.2. Secondary Research
14.1.3. Primary Research
14.2. Assumptions and Scope