The Latin America, Middle East and Africa Automotive Engineering Services Outsourcing Market would witness market growth of 13.2% CAGR during the forecast period (2022-2028).
It is predicted that the power train and after-treatment sector will gain more market share. Increased OEM investment in powertrain technology might accelerate the segment's growth. Additionally, prototyping is becoming increasingly popular for uses like the growing usage of 3D printing technology by the automobile sector to create a model of a full vehicle or a prototype of an assembly.
Along with aerospace engineering and naval architecture, automotive engineering is possibly a subfield of engineering that integrates aspects of mechanical, electronic, electrical, software, and safety engineering into the design, production, and use of motorcycles, cars, and trucks and their individual engineering subsystems.
The modification of automobiles is also included. It also encompasses the manufacturing sector, which deals with the production and assembly of all the components for vehicles. The discipline of automobile engineering requires a lot of studies and often uses mathematical models and calculations.
A website named the Dubai EV Community Hub was developed by the Dubai Electricity and Water Authority (DEWA) in an attempt to promote the use of electric vehicles (EVs) in Dubai. This is a component of DEWA's initiatives to promote the usage of environmentally friendly transportation options and strengthen Dubai's status as a hub for sustainable development. The most current EV-related policies, goals, incentives, and legislation are described in detail on the EV Community Hub website. The latest EV models that are available in the UAE are also covered, as are the configuration, features, and locations of charging stations, as well as the insurance options and green vehicle loans that are offered for the purchase of EVs.
The Brazil market dominated the LAMEA Automotive Engineering Services Outsourcing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,974.4 million by 2028.The Argentina market is experiencing a CAGR of 13.8% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 12.9% during (2022 - 2028).
Based on Application, the market is segmented into Powertrain & After-treatment, Body & Chassis, Infotainment & Connectivity, Autonomous Driving/ADAS and Others. Based on Location, the market is segmented into On-shore and Off-shore. Based on Service, the market is segmented into Prototyping, System Integration, Testing, Designing and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AKKA Technologies SE (Adecco Group AG) update parent company, Altair Engineering, Inc., ALTEN, AVL List GmbH, Horiba Ltd., Capgemini SE, HCL Technologies Ltd. (HCL Enterprises), Tech Mahindra Limited, FEV Group GmbH, and RLE International Group.
It is predicted that the power train and after-treatment sector will gain more market share. Increased OEM investment in powertrain technology might accelerate the segment's growth. Additionally, prototyping is becoming increasingly popular for uses like the growing usage of 3D printing technology by the automobile sector to create a model of a full vehicle or a prototype of an assembly.
Along with aerospace engineering and naval architecture, automotive engineering is possibly a subfield of engineering that integrates aspects of mechanical, electronic, electrical, software, and safety engineering into the design, production, and use of motorcycles, cars, and trucks and their individual engineering subsystems.
The modification of automobiles is also included. It also encompasses the manufacturing sector, which deals with the production and assembly of all the components for vehicles. The discipline of automobile engineering requires a lot of studies and often uses mathematical models and calculations.
A website named the Dubai EV Community Hub was developed by the Dubai Electricity and Water Authority (DEWA) in an attempt to promote the use of electric vehicles (EVs) in Dubai. This is a component of DEWA's initiatives to promote the usage of environmentally friendly transportation options and strengthen Dubai's status as a hub for sustainable development. The most current EV-related policies, goals, incentives, and legislation are described in detail on the EV Community Hub website. The latest EV models that are available in the UAE are also covered, as are the configuration, features, and locations of charging stations, as well as the insurance options and green vehicle loans that are offered for the purchase of EVs.
The Brazil market dominated the LAMEA Automotive Engineering Services Outsourcing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,974.4 million by 2028.The Argentina market is experiencing a CAGR of 13.8% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 12.9% during (2022 - 2028).
Based on Application, the market is segmented into Powertrain & After-treatment, Body & Chassis, Infotainment & Connectivity, Autonomous Driving/ADAS and Others. Based on Location, the market is segmented into On-shore and Off-shore. Based on Service, the market is segmented into Prototyping, System Integration, Testing, Designing and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AKKA Technologies SE (Adecco Group AG) update parent company, Altair Engineering, Inc., ALTEN, AVL List GmbH, Horiba Ltd., Capgemini SE, HCL Technologies Ltd. (HCL Enterprises), Tech Mahindra Limited, FEV Group GmbH, and RLE International Group.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Powertrain & After-treatment
- Body & Chassis
- Infotainment & Connectivity
- Autonomous Driving/ADAS
- Others
By Location
- On-shore
- Off-shore
By Service
- Prototyping
- System Integration
- Testing
- Designing
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- AKKA Technologies SE (Adecco Group AG) update parent company
- Altair Engineering, Inc
- ALTEN
- AVL List GmbH
- Horiba Ltd
- Capgemini SE
- HCL Technologies Ltd. (HCL Enterprises)
- Tech Mahindra Limited
- FEV Group GmbH
- RLE International Group
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Automotive Engineering Services Outsourcing Market, by Application
1.4.2 LAMEA Automotive Engineering Services Outsourcing Market, by Location
1.4.3 LAMEA Automotive Engineering Services Outsourcing Market, by Service
1.4.4 LAMEA Automotive Engineering Services Outsourcing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Business and Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Acquisitions and Mergers : 2021, Nov - 2022, Jun) Leading Players
Chapter 4. LAMEA Automotive Engineering Services Outsourcing Market by Application
4.1 LAMEA Powertrain & After-treatment Market by Country
4.2 LAMEA Body & Chassis Market by Country
4.3 LAMEA Infotainment & Connectivity Market by Country
4.4 LAMEA Autonomous Driving/ADAS Market by Country
4.5 LAMEA Others Market by Country
Chapter 5. LAMEA Automotive Engineering Services Outsourcing Market by Location
5.1 LAMEA On-shore Market by Country
5.2 LAMEA Off-shore Market by Country
Chapter 6. LAMEA Automotive Engineering Services Outsourcing Market by Service
6.1 LAMEA Prototyping Market by Country
6.2 LAMEA System Integration Market by Country
6.3 LAMEA Testing Market by Country
6.4 LAMEA Designing Market by Country
6.5 LAMEA Others Market by Country
Chapter 7. LAMEA Automotive Engineering Services Outsourcing Market by Country
7.1 Brazil Automotive Engineering Services Outsourcing Market
7.1.1 Brazil Automotive Engineering Services Outsourcing Market by Application
7.1.2 Brazil Automotive Engineering Services Outsourcing Market by Location
7.1.3 Brazil Automotive Engineering Services Outsourcing Market by Service
7.2 Argentina Automotive Engineering Services Outsourcing Market
7.2.1 Argentina Automotive Engineering Services Outsourcing Market by Application
7.2.2 Argentina Automotive Engineering Services Outsourcing Market by Location
7.2.3 Argentina Automotive Engineering Services Outsourcing Market by Service
7.3 UAE Automotive Engineering Services Outsourcing Market
7.3.1 UAE Automotive Engineering Services Outsourcing Market by Application
7.3.2 UAE Automotive Engineering Services Outsourcing Market by Location
7.3.3 UAE Automotive Engineering Services Outsourcing Market by Service
7.4 Saudi Arabia Automotive Engineering Services Outsourcing Market
7.4.1 Saudi Arabia Automotive Engineering Services Outsourcing Market by Application
7.4.2 Saudi Arabia Automotive Engineering Services Outsourcing Market by Location
7.4.3 Saudi Arabia Automotive Engineering Services Outsourcing Market by Service
7.5 South Africa Automotive Engineering Services Outsourcing Market
7.5.1 South Africa Automotive Engineering Services Outsourcing Market by Application
7.5.2 South Africa Automotive Engineering Services Outsourcing Market by Location
7.5.3 South Africa Automotive Engineering Services Outsourcing Market by Service
7.6 Nigeria Automotive Engineering Services Outsourcing Market
7.6.1 Nigeria Automotive Engineering Services Outsourcing Market by Application
7.6.2 Nigeria Automotive Engineering Services Outsourcing Market by Location
7.6.3 Nigeria Automotive Engineering Services Outsourcing Market by Service
7.7 Rest of LAMEA Automotive Engineering Services Outsourcing Market
7.7.1 Rest of LAMEA Automotive Engineering Services Outsourcing Market by Application
7.7.2 Rest of LAMEA Automotive Engineering Services Outsourcing Market by Location
7.7.3 Rest of LAMEA Automotive Engineering Services Outsourcing Market by Service
Chapter 8. Company Profiles
8.1 Tech Mahindra Limited
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 SWOT Analysis
8.2 Altair Engineering, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Horiba Ltd.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional & Segmental Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.4 HCL Technologies Ltd. (HCL Enterprises)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.4.5.3 Geographical Expansions:
8.5 Capgemini SE
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Business Expansions:
8.6 ALTEN
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Recent strategies and developments:
8.6.4.1 Acquisition and Mergers:
8.7 AKKA Technologies SE (Adecco Group AG)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Recent strategies and developments:
8.7.4.1 Partnerships, Collaborations, and Agreements:
8.8 FEV Group GmbH
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.8.2.2 Product Launches and Product Expansions:
8.8.2.3 Acquisition and Mergers:
8.8.2.4 Geographical Expansions:
8.9 AVL List GmbH
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.10. RLE International Group
8.10.1 Company Overview
Companies Mentioned
- AKKA Technologies SE (Adecco Group AG) update parent company
- Altair Engineering, Inc.
- ALTEN
- AVL List GmbH
- Horiba Ltd.
- Capgemini SE
- HCL Technologies Ltd. (HCL Enterprises)
- Tech Mahindra Limited
- FEV Group GmbH
- RLE International Group
Methodology
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