Press release -

Automotive Engineering Services Market Analysis, Top Key Players, Target Audience and Forecast to 2026

A report by Acumen Research and Consulting estimated that the ​Automotive Engineering Services Market will surpass $352 billion by 2026, representing an average annual growth rate of 12.3 percent from 2019 to 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.

The increasing concern over degrading environmental conditions across the globe is primarily driving the automotive engineering services market. The increasing demand for vehicle & passenger safety features, connectivity, and electric vehicles are propelling market growth. Along with these, the technological advancements and ongoing research and development activities by the major players in emerging markets are expected to contribute to the market growth during the forecast period.

The global automotive engineering services market is segmented into service type, application, location, vehicle type, and regions. By service type, the market is further split into concept/research, designing, prototyping, system integration, and testing. By application the market is segmented into ADAS and Safety, Electrical, Electronics, and Body Controls, Chassis, Connectivity Services, Interior, Exterior, and Body Engineering, Powertrain and Exhaust, and Simulation. On the basis of location, the automotive engineering services are offered In-house and outsource. Additionally, passenger cars and commercial vehicles are featured under the vehicle type segment. Moreover, the global automotive engineering services market is studied across the regions of North America, Europe, Latin America, Asia Pacific and Middle East and Africa.

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By region, Europe is expected to account for highest market share during the forecast period. A large amount of automotive production in the region and increasing investment by private players in research and development is accelerating the regional market growth. Germany is the major automotive market and has a large number of OEMs in the region which is further propelling market growth.

In application, connectivity services are expected to be the fastest-growing segment over the forecast period. The continuous impact of advance technologies including autonomous vehicle testing, artificial intelligence, and 5G connectivity is boosting the segment growth. The increasing incorporation of connectivity services by OEMs is further contributing to the growth of the segment.

The in-house location for the deployment of automotive engineering services is expected to lead the market over the forecast period. The advantages associated with the In-house automotive engineering services such as efficient and better results are contributing to the growth of the segment. The redesigning of existing engines by OEMs to comply with the latest emission standards is further exploring the In-house segment in the market.

Some of the leading competitors are Harman, Capgemini, AVL, Bertrandt AG, Alten Cresttek, L&T Technology Services, FEV, Akka Technologies, HCL Technologies, IAV Automotive Engineering, Altran, Ricardo, and Tech Mahindra.

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Some of the key observations regarding automotive engineering services industry include:

  • Audi partnered with Huawei in July 2018, Huawei is the leading telecommunication equipment and Smartphone maker from China. The partnership is looking forward to the introduction of connectivity features in vehicles.
  • FEV, Germany based company presented an advance 48 V axle for use in light-duty municipal utility vehicles at Vienna Motor Symposium. It is specially designed for light municipal utility vehicles such as sweepers or small dump trucks to reduce the emission. It’s a cost-effective and easily accessible solution for existing components.
  • Ricardo launched a Virtual Reality (VR) application in 2019, for global engineering collaboration at the Vienna Motor Symposium. This invention allows multiple users at different geographical locations to carry simultaneously collaborative engineering design reviews.
  • Geely Auto Group, a China-based company partnered with Ricardo in 2019. The partnership is held to develop advance hybrid transmission specifically for range-extended plug-in hybrid.
  • An innovation lab named the European Institute of Innovation and Technology (EIT) is unveiled by the Altran and 47 other European partners in 2019. EIT, the new facility is intended for research and innovation in urban mobility and its objective is to launch 125 new products by 2026.
  • MSC Software and AVL entered into a partnership in 2019 for R&D in the field of simulation and testing of Advanced Driver Assistance Systems (ADAS) and Autonomous Driving (AD).
  • The Renault-Nissan-Mitsubishi Alliance planning to launch new vehicles with Alliance Connected Cloud in China by 2022.

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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

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Subjects

  • Mergers and acquisitions

Tags

  • acumen research and consulting
  • automotive engineering services market size
  • automotive engineering services market

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