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Automotive Engineering Services Outsourcing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 143 Pages
  • May 2023
  • Region: Global
  • IMARC Group
  • ID: 5820629
Description Jump to:
The global automotive engineering services outsourcing market size reached US$ 96.5 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 257.9 Billion by 2028, exhibiting a growth rate (CAGR) of 17.1% during 2023-2028.

Automotive engineering services outsourcing refers to the process of hiring various non-physical engineering functions, such as design, prototyping, system integration, and testing, from an external source. They support a variety of capabilities, such as production, designing the parts of the vehicle, and safety testing. These services utilize various technological tools and mathematical models and are usually required at the early stages of the product design and development processes. Automotive engineering services outsourcing assists in reducing overall labor costs, increasing efficiency and flexibility, and reducing time. As a result, these services are widely employed in commercial, passenger, electric and hybrid vehicles (EVs/HVs).

Automotive Engineering Services Outsourcing Market Trends:

Significant growth in the automotive industry across the globe is creating a positive outlook for the market. Automotive engineering services outsourcing helps in enhancing the overall efficiencies of the production processes and assists in producing automobile parts, dealing with a company's supply chain, and developing engineering aftermarket assistance. Moreover, the widespread utilization of engineering systems, such as computer-aided engineering (CAE) and computer-aided design (CAD) software that assists in advanced surfacing and handling aesthetic issues, are favoring the market growth. Apart from this, various advancements in technology, such as the integration of the Internet of Things (IoT), robotics and artificial intelligence (AI) solutions for improving modeling and detailing of products, are providing an impetus to the market growth. Additionally, the introduction of highly complex designs with the production of energy-efficient and environmentally sustainable vehicle is positively impacting the market growth. Other factors, including increasing automation and adoption of integrated solutions, extensive research and development (R&D) activities, and the implementation of various government initiatives supporting the development of EVs and HVs, are anticipated to drive the market toward growth.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global automotive engineering services outsourcing market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on service, vehicle type, location type and application.

Breakup by Service:

  • Designing
  • Prototyping
  • System Integration
  • Testing
  • Others

Breakup by Vehicle Type:

  • Passenger Vehicles
  • Commercial Vehicles

Breakup by Location Type:

  • On-shore
  • Off-shore

Breakup by Application:

  • Autonomous Driving/ADAS
  • Body and Chassis
  • Powertrain and After-treatment
  • Infotainment and Connectivity
  • Others

Breakup by Region:

North America

  • United States
  • Canada

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others

Europe

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others

Latin America

  • Brazil
  • Mexico
  • Others

Middle East and Africa


Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Altair Engineering Inc., ALTEN Group, ASAP Holding GmbH, AVL List GmbH, Bertrandt AG, Capgemini SE, EDAG Engineering Group AG, FEV Group GmbH, Horiba Ltd., IAV GmbH (Volkswagen AG), P3 group GmbH and RLE INTERNATIONAL Group.

Key Questions Answered in This Report:

  • What was the size of the global automotive engineering services outsourcing market in 2022?
  • What is the expected growth rate of the global automotive engineering services outsourcing market during 2023-2028?
  • What has been the impact of COVID-19 on the global automotive engineering services outsourcing market?
  • What are the key factors driving the global automotive engineering services outsourcing market?
  • What is the breakup of the global automotive engineering services outsourcing market based on the service?
  • What is the breakup of the global automotive engineering services outsourcing market based on the application?
  • What are the key regions in the global automotive engineering services outsourcing market?
  • Who are the key players/companies in the global automotive engineering services outsourcing market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Automotive Engineering Services Outsourcing Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Service
6.1 Designing
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Prototyping
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 System Integration
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Testing
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Vehicle Type
7.1 Passenger Vehicles
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Commercial Vehicles
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Location Type
8.1 On-shore
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Off-shore
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Application
9.1 Autonomous Driving/ADAS
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Body and Chassis
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Powertrain and After-treatment
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Infotainment and Connectivity
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Altair Engineering Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.2 ALTEN Group
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.3 ASAP Holding GmbH
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 AVL List GmbH
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Bertrandt AG
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.6 Capgemini SE
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 EDAG Engineering Group AG
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.8 FEV Group GmbH
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Horiba Ltd.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.10 IAV GmbH (Volkswagen AG)
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 P3 group GmbH
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.12 RLE INTERNATIONAL Group
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Automotive Engineering Services Outsourcing Market: Major Drivers and Challenges
Figure 2: Global: Automotive Engineering Services Outsourcing Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Automotive Engineering Services Outsourcing Market: Breakup by Service (in %), 2022
Figure 5: Global: Automotive Engineering Services Outsourcing Market: Breakup by Vehicle Type (in %), 2022
Figure 6: Global: Automotive Engineering Services Outsourcing Market: Breakup by Location Type (in %), 2022
Figure 7: Global: Automotive Engineering Services Outsourcing Market: Breakup by Application (in %), 2022
Figure 8: Global: Automotive Engineering Services Outsourcing Market: Breakup by Region (in %), 2022
Figure 9: Global: Automotive Engineering Services Outsourcing (Designing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Automotive Engineering Services Outsourcing (Designing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Automotive Engineering Services Outsourcing (Prototyping) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Automotive Engineering Services Outsourcing (Prototyping) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Automotive Engineering Services Outsourcing (System Integration) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Automotive Engineering Services Outsourcing (System Integration) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Automotive Engineering Services Outsourcing (Testing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Automotive Engineering Services Outsourcing (Testing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Automotive Engineering Services Outsourcing (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Automotive Engineering Services Outsourcing (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Automotive Engineering Services Outsourcing (Passenger Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Automotive Engineering Services Outsourcing (Passenger Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Automotive Engineering Services Outsourcing (Commercial Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Automotive Engineering Services Outsourcing (Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Automotive Engineering Services Outsourcing (On-shore) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Automotive Engineering Services Outsourcing (On-shore) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Automotive Engineering Services Outsourcing (Off-shore) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Automotive Engineering Services Outsourcing (Off-shore) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Automotive Engineering Services Outsourcing (Autonomous Driving/ADAS) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Automotive Engineering Services Outsourcing (Autonomous Driving/ADAS) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Automotive Engineering Services Outsourcing (Body and Chassis) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Automotive Engineering Services Outsourcing (Body and Chassis) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Automotive Engineering Services Outsourcing (Powertrain and After-treatment) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Automotive Engineering Services Outsourcing (Powertrain and After-treatment) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Automotive Engineering Services Outsourcing (Infotainment and Connectivity) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Automotive Engineering Services Outsourcing (Infotainment and Connectivity) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Automotive Engineering Services Outsourcing (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Automotive Engineering Services Outsourcing (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: North America: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: North America: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: United States: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: United States: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Canada: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Canada: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Asia-Pacific: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Asia-Pacific: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: China: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: China: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Japan: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Japan: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: India: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: India: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: South Korea: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: South Korea: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Australia: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Australia: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Indonesia: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Indonesia: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Others: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Others: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Europe: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Europe: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Germany: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Germany: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: France: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: France: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: United Kingdom: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: United Kingdom: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Italy: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Italy: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Spain: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Spain: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Russia: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Russia: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Others: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Others: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Latin America: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Latin America: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Brazil: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Brazil: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Mexico: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Mexico: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Others: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Others: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Middle East and Africa: Automotive Engineering Services Outsourcing Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Middle East and Africa: Automotive Engineering Services Outsourcing Market: Breakup by Country (in %), 2022
Figure 85: Middle East and Africa: Automotive Engineering Services Outsourcing Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Global: Automotive Engineering Services Outsourcing Industry: SWOT Analysis
Figure 87: Global: Automotive Engineering Services Outsourcing Industry: Value Chain Analysis
Figure 88: Global: Automotive Engineering Services Outsourcing Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Automotive Engineering Services Outsourcing Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Automotive Engineering Services Outsourcing Market Forecast: Breakup by Service (in Million US$), 2023-2028
Table 3: Global: Automotive Engineering Services Outsourcing Market Forecast: Breakup by Vehicle Type (in Million US$), 2023-2028
Table 4: Global: Automotive Engineering Services Outsourcing Market Forecast: Breakup by Location Type (in Million US$), 2023-2028
Table 5: Global: Automotive Engineering Services Outsourcing Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 6: Global: Automotive Engineering Services Outsourcing Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Automotive Engineering Services Outsourcing Market: Competitive Structure
Table 8: Global: Automotive Engineering Services Outsourcing Market: Key Players

Companies Mentioned

  • Altair Engineering Inc.
  • ALTEN Group
  • ASAP Holding GmbH
  • AVL List GmbH
  • Bertrandt AG
  • Capgemini SE
  • EDAG Engineering Group AG
  • FEV Group GmbH
  • Horiba Ltd.
  • IAV GmbH (Volkswagen AG)
  • P3 group GmbH and RLE INTERNATIONAL Group.

Methodology

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Table Information

Report AttributeDetails
No. of Pages143
PublishedMay 2023
Forecast Period2022 - 2028
Estimated Market Value ( USD ) in 2022 $ 96.5 Billion
Forecasted Market Value ( USD ) by 2028 $ 257.9 Billion
Compound Annual Growth Rate17.8%
Regions CoveredGlobal
No. of Companies Mentioned11

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About the Automotive Engineering Services Outsourcing Market

Automotive Engineering Services Outsourcing (AESO) is a growing market within the automotive manufacturing industry. It involves the outsourcing of engineering services to third-party providers, such as design, development, and testing. This allows automotive manufacturers to focus on their core competencies while leveraging the expertise of external providers. AESO also helps to reduce costs and improve efficiency, as well as provide access to the latest technologies. AESO services can include product design, engineering analysis, prototyping, testing, and validation. This can help automotive manufacturers to reduce development time and costs, as well as improve product quality. Additionally, AESO can provide access to specialized skills and resources that may not be available in-house. Some companies in the Automotive Engineering Services Outsourcing market include Altran, Capgemini, Cognex, Delphi Technologies, and Magna International. Show Less Read more

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