Increasing awareness and demand for technological solutions such as connectivity, collision avoidance sensors among others in automotive is propelling the market growth. Rising need for lightweight vehicles as government and manufacturers are emphasizing on designing and developing lightweight vehicles to make vehicle more fuel-efficient and increasing requirements for safety-related systems owing to government regulations are the attributes propelling the automotive engineering services market. Also, the rising adoption of electric and hybrid vehicles is increasing the production of these vehicles which is estimated to catalyze the growth of the market. Additionally, rise in concern pertaining to pollution free environment has surged the demand for zero-emission vehicles. Hence, the production of these vehicles is anticipated to drive growth of the market.

The global Automotive Engineering Services market is segregated on the basis of Service Type as Designing, Prototyping, System Integration and Testing. Based on Application the global Automotive Engineering Services market is segmented in ADAS and Safety, Electrical, Electronics and Body Controls, Chassis, Connectivity Services, Interior, Exterior, and Body Engineering, Powertrain and Exhaust and Simulation. Based on Location Type the global Automotive Engineering Services market is segmented in On-shore and Off-shore.

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The global Automotive Engineering Services market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Automotive Engineering Services market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

AVL, AKKA, ATIPL Altran Technologies Ltd., ARRK Product Development Group Ltd., ASAP Holding GmbH, Bertrandt AG, EDAG Engineering GmbH, Horiba Ltd., ITK Engineering GmbH, M Plan GmbH, RLE International Group, FEV Group GmbH, IAV Automotive Engineering, L&T Technology Services, HCL Technologies Limited, and others are among the major players in the global Automotive Engineering Services market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Automotive Engineering Services Market has been segmented as below:

Automotive Engineering Services Market, By Service Type

• Designing
• Prototyping
• System Integration
• Testing

Automotive Engineering Services Market, By Application

• ADAS and Safety
• Electrical, Electronics and Body Controls
• Chassis
• Connectivity Services
• Interior, Exterior, and Body Engineering
• Powertrain and Exhaust
• Simulation

Automotive Engineering Services Market, By Location Type

• On-shore
• Off-shore

Automotive Engineering Services Market, By Region

• North America
• Europe
• Asia-Pacific
• Rest of the World

Automotive Engineering Services Market, By Company

• AVL
• AKKA
• ATIPL Altran Technologies Ltd.
• ARRK Product Development Group Ltd.
• ASAP Holding GmbH
• Bertrandt AG
• EDAG Engineering GmbH
• Horiba Ltd.
• ITK Engineering GmbH
• M Plan GmbH
• RLE International Group
• FEV Group GmbH
• IAV Automotive Engineering
• L&T Technology Services
• HCL Technologies Limited

The report covers:

• Global Automotive Engineering Services market sizes from 2018 to 2027, along with CAGR for 2022-2027
• Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
• Global Automotive Engineering Services market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Automotive Engineering Services market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

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Report Scope:

The global Automotive Engineering Services market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Automotive Engineering Services market share. Major industry players with significant revenue share include AVL, AKKA, ATIPL Altran Technologies Ltd., ARRK Product Development Group Ltd., ASAP Holding GmbH, Bertrandt AG, EDAG Engineering GmbH, Horiba Ltd., ITK Engineering GmbH, M Plan GmbH, RLE International Group, FEV Group GmbH, IAV Automotive Engineering, L&T Technology Services, HCL Technologies Limited, and others.

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