Global Automotive Engineering Services Outsourcing (ESO) Market to Reach $1.2 Trillion by 2030
The global market for Automotive Engineering Services Outsourcing (ESO) estimated at US$135.9 Billion in the year 2022, is projected to reach a revised size of US$1.2 Trillion by 2030, growing at a CAGR of 31.2% over the analysis period 2022-2030. Prototyping, one of the segments analyzed in the report, is projected to record 33% CAGR and reach US$416.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Designing segment is readjusted to a revised 34.7% CAGR for the next 8-year period.The U.S. Market is Estimated at $39.8 Billion, While China is Forecast to Grow at 30.1% CAGR
The Automotive Engineering Services Outsourcing (ESO) market in the U.S. is estimated at US$39.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$200.8 Billion by the year 2030 trailing a CAGR of 30.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 27.4% and 25.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 19.9% CAGR.Select Competitors (Total 41 Featured) -
- Altair Engineering, Inc.
- Alten Gmbh
- Altran
- Asap Holding Gmbh
- Avl
- Bertrandt
- Edag Engineering Gmbh
- Esg Elektroniksystem- Und Logistik-Gmbh
- Fev Group
- Gigatronik
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Altair Engineering, Inc.
- Alten Gmbh
- Altran
- Asap Holding Gmbh
- Avl
- Bertrandt
- Edag Engineering Gmbh
- Esg Elektroniksystem- Und Logistik-Gmbh
- Fev Group
- Gigatronik
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 93 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 135.9 Billion |
Forecasted Market Value ( USD | $ 1200 Billion |
Compound Annual Growth Rate | 31.3% |
Regions Covered | Global |