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Global Automotive Engineering Services Market (2021-2026) by Services Type, Vehicle Type, Application and Geography - Competitive Analysis, Impact of COVID-19, Ansoff Analysis

  • ID: 5359438
  • Report
  • March 2021
  • Region: Global
  • 189 pages
  • Infogence Global Research
Global Automotive Engineering Services Market is estimated to be worth USD 156.3 Billion in 2021 and is expected to reach USD 242.7 Billion by 2026, growing at a CAGR of 9.2%

FEATURED COMPANIES

  • Altair Engineerin. Inc.
  • ASAP Holding GmbH
  • EDAG Engineering GmbH
  • IAV GmbH
  • L&T Technology Services
  • P+Z Engineering GmbH
The Global Automotive Engineering Services Market is estimated to be worth USD 156.3 Billion in 2021 and is expected to reach USD 242.7 Billion by 2026, growing at a CAGR of 9.2%.



Market Dynamics


Increasing demand for electric vehicles and implementing stringent emission norms are the major factors driving the market’s growth. The measuring value of a vehicle is shifted from RPM to EPM (experience per mile), making it crucial for companies to provide edge-cutting solutions. Furthermore, incubation of technologies like Artificial Intelligence, 5G, collaborative robots, digital factory, and autonomous transport in its services helps improve customer’s digital experience and improve operational excellence and thereby raise revenue of ESOs market players. In addition, global automation trends and rising incomes create opportunities in both existing and new geographical markets. However, the automotive industry is on a rapid path of innovation; keeping pace with innovation and staying ahead of the competition requires flexible software and technology, which is costly and requires continuous R&D. In addition, stringent environmental and manufacturing regulations are anticipated to hinder the market growth.

Market Segmentation


The Global Automotive Engineering Services Market is segmented based on Services Type, Vehicle Type, Application and Geography.
  • By Services Type, the market is classified as operational data, research, designing, prototyping, system integration, testing, and others. Amongst all, the prototyping segment is estimated to hold the highest market share.
  • By Vehicle Type, the market is classified as Passenger Vehicles and Commercial Vehicles. Amongst the two, the passenger vehicles segment is estimated to hold the highest market share during the forecast period.
  • By Application, the market is classified as autonomous driving/ADAS, body & chassis, powertrain and after-treatment, infotainment & connectivity, and others. Amongst all, the powertrain and after-treatments segment is estimated to hold the highest market share.
  • By Geography, Europe is projected to lead the market.

Recent Developments

  1. Bertrandt launches its own ball impact testing device, enabling customers to perform independent testing of interior components impact resistance. - 28Th January 2021.
  2. Tech major Cognizant acquired Germany-based ESG Mobility, a digital automotive engineering R&D provider for connected, autonomous and electric vehicles. - 25th March 2021.

Company Profiles


Some of the companies covered in this report are Alten Cresttek, AVL List GmbH, Bertrandt AG, EDAG Engineering GmbH, IAV GmbH, Horiba, Ltd., Capgemini Engineering (Altran), FEV Group, etc.

Competitive Quadrant


The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?


The report offers a comprehensive evaluation of the Global Automotive Engineering Services Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel within the industry.

The report includes an in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of COVID-19 on the market is also featured in the report.

The report also includes the regulatory scenario of the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules & regulations imposed on this sector across various geographies.

The report also contains the competitive analysis using Positioning Quadrants, the analyst's proprietary competitive positioning tool.

Report Highlights

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Altair Engineerin. Inc.
  • ASAP Holding GmbH
  • EDAG Engineering GmbH
  • IAV GmbH
  • L&T Technology Services
  • P+Z Engineering GmbH
1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders

2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Proprietary Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study

3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook

4 Market Influencers
4.1 Drivers
4.1.1 Growing Demand of Electric and Luxury Vehicles
4.1.2 Increasing Demand for Advanced Connectivity Solutions
4.1.3 Rising Global Economic Growth
4.2 Restraints
4.2.1 Intellectual Property Limitation
4.2.2 Mounting Pressure of Compliance with Strict Government Regulations
4.3 Opportunities
4.3.1 Extending Customers Lifestyles to the Vehicles with New Technologies
4.3.2 Outsourcing of Automotive Engineering Services
4.4 Challenges
4.4.1 High Cost and Cut- Throat Competition
4.4.2 Cybercrimes Exploit Security Threats
4.5 Trends

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis

6 Global Automotive Engineering Services Market, By Service Type
6.1 Introduction
6.2 Operational Data
6.3 Research
6.4 Designing
6.5 Prototyping
6.6 System Integration
6.7 Testing
6.8 Others

7 Global Automotive Engineering Services Market, By Vehicle Type
7.1 Introduction
7.2 Passenger Vehicles
7.3 Commercial Vehicles

8 Global Automotive Engineering Services Market, By Application
8.1 Introduction
8.2 Autonomous Driving/ADAS
8.3 Body & Chassis
8.4 Powertrain and After- Treatment
8.5 Infotainment & Connectivity
8.6 Others

9 Global Automotive Engineering Services Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 South America
9.3.1 Brazil
9.3.2 Argentina
9.3.3 Chile
9.3.4 Colombia
9.4 Europe
9.4.1 UK
9.4.2 France
9.4.3 Germany
9.4.4 Italy
9.4.5 Spain
9.4.6 Netherlands
9.4.7 Sweden
9.4.8 Russia
9.4.9 Rest of Europe
9.5 Asia-Pacific
9.5.1 China
9.5.2 Japan
9.5.3 India
9.5.4 Indonesia
9.5.5 Malaysia
9.5.6 South Korea
9.5.7 Australia
9.5.8 Sri Lanka
9.5.9 Thailand
9.5.10 Rest of APAC
9.6 Middle-East and Africa
9.6.1 Qatar
9.6.2 Saudi Arabia
9.6.3 South Africa
9.6.4 United Arab Emirates

10 Competitive Landscape
10.1 Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 M&A and Investments
10.3.2 Partnerships and Collaborations
10.3.3 Product Developments and Improvements

11 Company Profiles
11.1 Altair Engineering, Inc.
11.2 Alten Cresttek
11.3 ALTEN
11.4 ASAP Holding GmbH
11.5 AVL List GmbH
11.6 Bertrandt AG
11.7 Capgemini Engineering (Altran)
11.8 EDAG Engineering GmbH
11.9 ESG ELEKTRONIKSYSTEM- UND LOGISTIK-GMBH
11.10 FEV Group
11.11 Horiba, Ltd.
11.12 IAV GmbH
11.13 ITK Engineering AG
11.14 Kistler Holding AG
11.15 L&T Technology Services
11.16 M Plan GmbH
11.17 MBtech Group GmbH & Co
11.18 P+Z Engineering GmbH
11.19 P3 Automotive GmbH
11.20 RLE International Group

12 Appendix
12.1 Questionnaire
Note: Product cover images may vary from those shown
  • Altair Engineerin. Inc.
  • Alten Cresttek
  • ALTEN
  • ASAP Holding GmbH
  • AVL List GmbH
  • Bertrandt AG
  • Capgemini Engineering (Altran)
  • EDAG Engineering GmbH
  • ESG ELEKTRONIKSYSTEM- UND LOGISTIK-GMBH
  • FEV Group
  • Horib. Ltd.
  • IAV GmbH
  • ITK Engineering AG
  • Kistler Holding AG
  • L&T Technology Services
  • M Plan GmbH
  • MBtech Group GmbH & Co
  • P+Z Engineering GmbH
  • P3 Automotive GmbH
  • RLE International Group
Note: Product cover images may vary from those shown

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