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Automotive Engineering Service Providers (ESP) Market Size, Trends, Analysis, and Outlook by service (Servicing, Designing), Vehicle (Two-Wheelers, Light Commercial Vehicles, Heavy Commercial Vehicles), End-User (Manufacturing, Transportation), by Country, Segment, and Companies, 2024-2030

April 2024 | 194 pages | ID: A2478150DF75EN
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The global Automotive Engine Electric Parts market size is poised to register 9.39% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The study analyzes the global Automotive Engine Electric Parts market by Type (Traction Battery Pack, Power Inverter, Controller, Electric Traction Motor, Charger, Transmission, DC/DC Converter, Others), Fuel (Gasoline, Diesel), Vehicle (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle), Component (ECU, Sensors), Sensor (Oxygen Sensor, Temperature Sensor, Position Sensor, Knock Sensor, Others).
The Automotive Engine Electric Parts Market is on track for significant evolution until 2030, propelled by pivotal trends and drivers. With the automotive industry's accelerating shift toward electrification and the increasing complexity of vehicle powertrains, there's a growing demand for electric parts that offer enhanced efficiency, reliability, and compatibility with advanced propulsion systems. This demand is further fueled by regulatory mandates worldwide, pushing for stricter emission standards and the adoption of electric and hybrid powertrains, supporting automakers to invest in innovative electric components. In addition, as vehicle designs evolve toward electrification, there's a trend toward the development of integrated electric parts such as electric motors, actuators, and power electronics, enabling greater power density, packaging efficiency, and system performance. Further, advancements in electric part technology, including the proliferation of silicon carbide (SiC) and gallium nitride (GaN) semiconductors, are anticipated to enable the production of electric parts with reduced size, weight, and power losses, enhancing .

Automotive Engine Electric Parts Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Automotive Engine Electric Parts market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Automotive Engine Electric Parts survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Automotive Engine Electric Parts industry.

Key market trends defining the global Automotive Engine Electric Parts demand in 2024 and Beyond
The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Automotive Engine Electric Parts Market Segmentation- Industry Share, Market Size, and Outlook to 2030
The Automotive Engine Electric Parts industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Automotive Engine Electric Parts companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Automotive Engine Electric Parts industry
Leading Automotive Engine Electric Parts companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Automotive Engine Electric Parts companies.

Automotive Engine Electric Parts Market Study- Strategic Analysis Review
The Automotive Engine Electric Parts market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Automotive Engine Electric Parts Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Automotive Engine Electric Parts industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.

Automotive Engine Electric Parts Country Analysis and Revenue Outlook to 2030
The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.

North America Automotive Engine Electric Parts Market Size Outlook- Companies plan for focused investments in a changing environment
The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Automotive Engine Electric Parts market segments. Similarly, Strong end-user demand is encouraging Canadian Automotive Engine Electric Parts companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Automotive Engine Electric Parts market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Automotive Engine Electric Parts Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Automotive Engine Electric Parts industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Automotive Engine Electric Parts market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Automotive Engine Electric Parts Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Automotive Engine Electric Parts in Asia Pacific. In particular, China, India, and South East Asian Automotive Engine Electric Parts markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.

Latin America Automotive Engine Electric Parts Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Automotive Engine Electric Parts Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Automotive Engine Electric Parts market potential. Fueled by increasing consumption expenditure, growing population, and high demand across a few markets drives the demand for Automotive Engine Electric Parts.

Automotive Engine Electric Parts Market Company Profiles
The global Automotive Engine Electric Parts market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Continental AG, DENSO Corp, Hella GmbH& Co. KGaA, Hitachi Automotive Systems Ltd, Infineon Technologies AG, Robert Bosch GmbH, Valeo Inc, Visteon Corp, Xilinx Inc, ZF Friedrichshafen AG.

Recent Automotive Engine Electric Parts Market Developments
The global Automotive Engine Electric Parts market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Automotive Engine Electric Parts Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
Pricing Analysis
Value Chain Analysis
SWOT Profile
Market Dynamics- Trends, Drivers, Challenges
Porter’s Five Forces Analysis
Macroeconomic Impact Analysis
Case Scenarios- Low, Base, High

Market Segmentation:
Type
Traction Battery Pack
Power Inverter
Controller
Electric Traction Motor
Charger
Transmission
DC/DC Converter
Others
Fuel
Gasoline
Diesel
Vehicle
Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle
Component
ECU
Sensors
Sensor
Oxygen Sensor
Temperature Sensor
Position Sensor
Knock Sensor
Others

Geographical Segmentation:
North America (3 markets)
Europe (6 markets)
Asia Pacific (6 markets)
Latin America (3 markets)
Middle East Africa (5 markets)

Companies
Continental AG
DENSO Corp
Hella GmbH& Co. KGaA
Hitachi Automotive Systems Ltd
Infineon Technologies AG
Robert Bosch GmbH
Valeo Inc
Visteon Corp
Xilinx Inc
ZF Friedrichshafen AG.
Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Automotive Engineering Service Providers (ESP) Market Overview and Key Findings, 2024
1.2 Automotive Engineering Service Providers (ESP) Market Size and Growth Outlook, 2021- 2030
1.3 Automotive Engineering Service Providers (ESP) Market Growth Opportunities to 2030
1.4 Key Automotive Engineering Service Providers (ESP) Market Trends and Challenges
  1.4.1 Automotive Engineering Service Providers (ESP) Market Drivers and Trends
  1.4.2 Automotive Engineering Service Providers (ESP) Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Automotive Engineering Service Providers (ESP) Companies

2. AUTOMOTIVE ENGINEERING SERVICE PROVIDERS (ESP) MARKET SIZE OUTLOOK TO 2030

2.1 Automotive Engineering Service Providers (ESP) Market Size Outlook, USD Million, 2021- 2030
2.2 Automotive Engineering Service Providers (ESP) Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. AUTOMOTIVE ENGINEERING SERVICE PROVIDERS (ESP) MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. AUTOMOTIVE ENGINEERING SERVICE PROVIDERS (ESP) MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
service
Servicing
Designing
Vehicle
Two-Wheelers
Light Commercial Vehicles
Heavy Commercial Vehicles
End-User
Manufacturing
Transportation
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Automotive Engineering Service Providers (ESP) Market, 2025
5.2 Asia Pacific Automotive Engineering Service Providers (ESP) Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Automotive Engineering Service Providers (ESP) Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Automotive Engineering Service Providers (ESP) Market, 2025
5.5 Europe Automotive Engineering Service Providers (ESP) Market Size Outlook by Type, 2021- 2030
5.6 Europe Automotive Engineering Service Providers (ESP) Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Automotive Engineering Service Providers (ESP) Market, 2025
5.8 North America Automotive Engineering Service Providers (ESP) Market Size Outlook by Type, 2021- 2030
5.9 North America Automotive Engineering Service Providers (ESP) Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Automotive Engineering Service Providers (ESP) Market, 2025
5.11 South America Pacific Automotive Engineering Service Providers (ESP) Market Size Outlook by Type, 2021- 2030
5.12 South America Automotive Engineering Service Providers (ESP) Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Automotive Engineering Service Providers (ESP) Market, 2025
5.14 Middle East Africa Automotive Engineering Service Providers (ESP) Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Automotive Engineering Service Providers (ESP) Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Automotive Engineering Service Providers (ESP) Market Size Outlook and Revenue Growth Forecasts
6.2 US Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Automotive Engineering Service Providers (ESP) Industry Drivers and Opportunities

7. AUTOMOTIVE ENGINEERING SERVICE PROVIDERS (ESP) MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. AUTOMOTIVE ENGINEERING SERVICE PROVIDERS (ESP) COMPANY PROFILES

8.1 Profiles of Leading Automotive Engineering Service Providers (ESP) Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
Altair Engineering Inc
ASM Technologies Ltd
AVL List GmbH
Belcan LLC
Bertrandt AG
Capgemini Service SAS
Contechs Group Holdings Ltd
EDAG Group
EPAM Systems Inc
FEV Group GmbH
HCL Technologies Ltd
Hitachi Ltd
IAV GmbH
KPIT Technologies Ltd
Magna International Inc
Mahindra and Mahindra Ltd
Onward Technologies Ltd
Ricardo Plc

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


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