Global Automotive Engineering Services Market showed crucial growth in recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx billion over the forecast period. According to the latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 11.96% during the forecast period that is 2017-2025. The DOAS market is driven by government regulations and policies for OEM and electric vehicles, the introduction of 5G network in the automotive industry, autonomous vehicles, need to protect driver and passenger, technological advancement is major factors boosting the global market. 

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global automotive engineering services market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global automotive engineering services market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.    

Segment Analysis

This research report segments the market for automotive engineering services on the basis of type, application, service, and region along with forecast of revenue and analyzing trends in each of the submarkets.

Service Type Insights: On the basis of service type the automotive engineering services market has been segmented into concept/research, designing, prototyping, system integration, testing, and others. Each type is further described in detail in the report with value forecasts between 2017 and 2025 period.

Application Insights: On the basis of application the automotive engineering services market is categorized into ADAS & safety, electrical, electronics & body control, chassis, connectivity, interior/exterior & body, powertrain & exhaust, simulation, and others. The connectivity services segment is projected to be the fastest-growing market during the forecast period. Each end-user is further described in detail in the report with value forecasts for the aforementioned period.

Regional Analysis

The global automotive engineering services market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; the Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In 2017 the global market Asia Pacific was the largest shareholder and generated more than half of the demand in overall global market in 2018 and is projected to its continued impact on the worldwide market during the forecast period due to wide presence of software design companies, robust auto component industry, and a substantial labor force with skilled workers in technical domains. India led the global automotive engineering services market and is projected to be fastest-growing economy because of mostly OEMs outsource their engineering business to India since they get the advantage of obtaining cost-effective expert services. Japan is among the top three car-producing countries in the world with the presence of global auto brands, such as Toyota Motor Corporation and Honda Motor Co., Ltd. This has also led to the emergence of automobile ESO providers in Japan. Europe held the largest share of the global market in 2018 and will expand at the highest CAGR during the forecast years due to technological advancements brought about by automotive service providers through new product offerings.

Global Automotive Engineering Services Market Size, Share Analysis, By Region 2017

Global Automotive Engineering Services Market Study Objective

1. To forecast the market size of the automotive engineering services market in terms of quantity and income as well as market possibilities for shareholders, along with defining and identifying the market, in order to provide a competitive landscape for worldwide market players.

2. Automotive engineering services market analysis and forecast based on region, substratum, and implementation or end-use industries. Profiling significant market players and comprehensively analyzing their market stocks and vital skills.

3. To evaluate and elaborate important variables that will have an important effect on edge analytics market growth, such as drivers, constraints, difficulties, and prospects.

4. Automotive engineering services market regional assessment to stimulate the size of the market of five main worldwide areas, including Europe, North America, South America, Middle East & Africa, and The Asia Pacific.

5. Strategic assessment of micro markets in terms of individual prospects, possibilities, trends in development and general market participation.

6. To provide a detailed examination of competitive and strategic trends on the automotive engineering services market such as a fresh product launch, partnership & contract, investment & development, and mergers & acquisitions of companies.

Key Players Landscape

FEV, IAV Automotive Engineering, Ricardo, Anstalt für Verbrennungskraftmaschinen List, Alten, Bertrandt AG, P3 Automotive GmbH, Altran Technologies Limited, L&T Technology Services, ITK Engineering GmbH and many others are some of the major key automotive service providers in the global market.

Global Automotive Engineering Services Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.