Automotive Engineering Services Market by Application, Service Type, Location (In-house, Outsource), Vehicle Type (Passenger Cars, Commercial Vehicles), Nature Type (Body Leasing, Turnkey), Propulsion (ICE, Electric) and Region - Global Forecast to 2028
The global automotive engineering services market is projected to grow from an estimated USD 153.2 billion in 2022 to USD 243.9 billion by 2028, registering a CAGR of 8.1%. The market will grow for both in-house and outsource services with the rapid setup of new R&D centers by OEMs and AES providers in Asia Pacific and North America. However, the market in Europe is expected to get impacted due to the upcoming recession as well as other ongoing geopolitical situations that are currently affecting the region. OEMs and AES providers have already announced plans to tilt R&D spending towards electrification and advanced automotive technologies such as ADAS, and Connecctivity among others. Prototyping and Designing are expected to be the most lucrative components of the automotive engineering services market with rapid design changes expected in the coming years will OEMs around the world planning for an EV shift. The automotive engineering services market is dominated by established players such as Capgemini (France), IAV Automotive Engineering (Germany), Tech Mahindra (India), AKKA Technologies (Belgium), and HCL Technologies (India) and others. They have initiated partnerships to develop their technology and provide best-in-class services to OEMs.
“Automotive Design Segment to grow at the fastest rate during the forecast period”
Growing demand for smart manufacturing and rapid upgrades in automotive design with the influx of new technologies will lead to a prosperous market for automotive design. The traditional design process is used in the final sketching of the product. The 2D rendering process is crucial to visualize whether the design is feasible or not. Once the design seems practical and feasible, computer-aided design (CAD) is used to make a 3D model. Clay modeling then helps achieve a physical model of the design. The designing of the car can either be done by the internal team of automotive manufacturers or the manufacturer can outsource it. There are many guidelines taken into consideration while designing a vehicle. The process of designing includes identifying the target customers for whom the car is designed, the type of car it should be, the expected cost, and how the car fits into the brand's portfolio. There are various design elements in a car design such as exterior and interior designs. New technologies such as use of metaverse (or XR technologies) in car design, provides methods for rapid designing and simulation for automobiles or separate component design process. Both OEMs and AES providers work with solution providers to develop their product designs virtually before moving with prototyping.
“Outsource segment to grow in demand during the forecast period in the automotive engineering services market”
Outsourcing the automotive engineering services is a way of hiring engineering functions from an external source. Practices such as design, prototyping, system integration, and testing are usually done by outsourcing the services to an external source. Less complex and task-based services are outsourced to service providers in the automotive engineering services market. Major services, such as electrification, vehicle connectivity, ADAS, and safety, are handled by automotive engineering service providers. ADAS features help to enhance safety and reduce accidents. New engineering services have also come into the picture after the implementation of safety regulations by the European Union. Upcoming vehicles must pass the new safety standards to maintain the safety of the occupant. The increasing requirements for testing and validation would drive the demand for outsourcing. The outsourcing of automotive engineering services can help automotive OEMs by integrating product development with related operations such as engineering and warranty management. It can also help OEMs to gain access to skilled workers who are familiar with current indigenous trends. For instance, companies like HARMAN International, Ricardo, Tech Mahindra, Capgemini, and AVL, among others, provide outsourcing services such as body engineering, powertrain engineering, chassis engineering, and car electronics to various OEMs and automakers.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
Research Coverage:
The report covers the automotive engineering services market based on Application, Location, Vehicle Type, Service, Propulsion, Nature Type and Region (North America, Europe, Asia Pacific and Rest of the World). It covers the competitive landscape and company profiles of the major players in the automotive engineering services ecosystem.
The study also includes an in-depth competitive analysis of the key market players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report:
“Automotive Design Segment to grow at the fastest rate during the forecast period”
Growing demand for smart manufacturing and rapid upgrades in automotive design with the influx of new technologies will lead to a prosperous market for automotive design. The traditional design process is used in the final sketching of the product. The 2D rendering process is crucial to visualize whether the design is feasible or not. Once the design seems practical and feasible, computer-aided design (CAD) is used to make a 3D model. Clay modeling then helps achieve a physical model of the design. The designing of the car can either be done by the internal team of automotive manufacturers or the manufacturer can outsource it. There are many guidelines taken into consideration while designing a vehicle. The process of designing includes identifying the target customers for whom the car is designed, the type of car it should be, the expected cost, and how the car fits into the brand's portfolio. There are various design elements in a car design such as exterior and interior designs. New technologies such as use of metaverse (or XR technologies) in car design, provides methods for rapid designing and simulation for automobiles or separate component design process. Both OEMs and AES providers work with solution providers to develop their product designs virtually before moving with prototyping.
“Outsource segment to grow in demand during the forecast period in the automotive engineering services market”
Outsourcing the automotive engineering services is a way of hiring engineering functions from an external source. Practices such as design, prototyping, system integration, and testing are usually done by outsourcing the services to an external source. Less complex and task-based services are outsourced to service providers in the automotive engineering services market. Major services, such as electrification, vehicle connectivity, ADAS, and safety, are handled by automotive engineering service providers. ADAS features help to enhance safety and reduce accidents. New engineering services have also come into the picture after the implementation of safety regulations by the European Union. Upcoming vehicles must pass the new safety standards to maintain the safety of the occupant. The increasing requirements for testing and validation would drive the demand for outsourcing. The outsourcing of automotive engineering services can help automotive OEMs by integrating product development with related operations such as engineering and warranty management. It can also help OEMs to gain access to skilled workers who are familiar with current indigenous trends. For instance, companies like HARMAN International, Ricardo, Tech Mahindra, Capgemini, and AVL, among others, provide outsourcing services such as body engineering, powertrain engineering, chassis engineering, and car electronics to various OEMs and automakers.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
- By Company Type: Tier I – 67%, Tier II and Tier III – 9%, and OEMs – 24%
- By Designation: CXOs – 33%, Managers – 52%, Executives – 15%
- By Region: North America – 28%, Europe – 34%, Asia Oceania – 38%
Research Coverage:
The report covers the automotive engineering services market based on Application, Location, Vehicle Type, Service, Propulsion, Nature Type and Region (North America, Europe, Asia Pacific and Rest of the World). It covers the competitive landscape and company profiles of the major players in the automotive engineering services ecosystem.
The study also includes an in-depth competitive analysis of the key market players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report:
- This report will help market leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall automotive engineering services ecosystem and its subsegments.
- This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.
- This report will also help stakeholders understand the market’s pulse and provide information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
TABLE 1 AUTOMOTIVE ENGINEERING SERVICES MARKET DEFINITION, BY LOCATION
TABLE 2 AUTOMOTIVE ENGINEERING SERVICES MARKET DEFINITION, BY SERVICE TYPE
TABLE 3 AUTOMOTIVE ENGINEERING SERVICES MARKET DEFINITION, BY NATURE TYPE
TABLE 4 AUTOMOTIVE ENGINEERING SERVICES MARKET DEFINITION, BY APPLICATION
TABLE 5 AUTOMOTIVE ENGINEERING SERVICES MARKET DEFINITION, BY VEHICLE TYPE
TABLE 6 AUTOMOTIVE ENGINEERING SERVICES MARKET DEFINITION, BY PROPULSION
1.2.1 INCLUSIONS AND EXCLUSIONS
TABLE 7 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
FIGURE 1 MARKETS COVERED
1.3.1 REGIONS COVERED
1.3.2 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 8 CURRENCY EXCHANGE RATES
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 AUTOMOTIVE ENGINEERING SERVICES MARKET: RESEARCH DESIGN
FIGURE 3 RESEARCH DESIGN MODEL
2.1.1 SECONDARY DATA
2.1.1.1 Key secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews: Demand and supply sides
2.1.2.2 Key industry insights and breakdown of primary interviews
FIGURE 4 KEY INDUSTRY INSIGHTS
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS
2.1.2.3 List of primary participants
2.2 MARKET SIZE ESTIMATION
FIGURE 6 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
2.2.1 TOP-DOWN APPROACH
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY FOR AUTOMOTIVE ENGINEERING SERVICES MARKET: TOP-DOWN APPROACH
2.2.2 RECESSION IMPACT ANALYSIS
FIGURE 8 AUTOMOTIVE ENGINEERING SERVICES MARKET: RESEARCH DESIGN & METHODOLOGY
FIGURE 9 AUTOMOTIVE ENGINEERING SERVICES MARKET: RESEARCH METHODOLOGY ILLUSTRATION OF CAPGEMINI REVENUE ESTIMATION
2.3 DATA TRIANGULATION
FIGURE 10 DATA TRIANGULATION METHODOLOGY
FIGURE 11 MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES
2.4 FACTOR ANALYSIS
2.4.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
FIGURE 12 AUTOMOTIVE ENGINEERING SERVICES MARKET: MARKET OVERVIEW
FIGURE 13 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
FIGURE 14 AUTOMOTIVE ENGINEERING SERVICES MARKET: ONGOING MARKET TRENDS
FIGURE 15 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022?2028
FIGURE 16 RECESSION IMPACT ON AUTOMOTIVE ENGINEERING SERVICES MARKET
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AUTOMOTIVE ENGINEERING SERVICES MARKET
FIGURE 17 GROWTH OF CONNECTED SERVICES AND INCREASING FOCUS ON ELECTRIC VEHICLES TO DRIVE MARKET IN NEXT FIVE YEARS
4.2 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY LOCATION
FIGURE 18 OUTSOURCE SEGMENT TO REGISTER HIGHER CAGR THAN IN-HOUSE SEGMENT DURING FORECAST PERIOD
4.3 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE
FIGURE 19 PROTOTYPING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD (ICE+EV)
4.4 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY APPLICATION
FIGURE 20 ELECTRICAL, ELECTRONICS, AND BODY CONTROLS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD (ICE)
FIGURE 21 BATTERY DEVELOPMENT AND MANAGEMENT SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD (EV)
4.5 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY VEHICLE TYPE
FIGURE 22 PASSENGER CARS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD (ICE+EV)
4.6 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY PROPULSION
FIGURE 23 ELECTRIC SEGMENT TO GROW AT HIGHER RATE THAN ICE SEGMENT DURING FORECAST PERIOD
4.7 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY NATURE TYPE
FIGURE 24 BODY LEASING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD (ICE+EV)
4.8 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION
FIGURE 25 EUROPE TO ACCOUNT FOR LARGEST MARKET SHARE IN 2022
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 26 AUTOMOTIVE ENGINEERING SERVICES MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing demand for ADAS and connectivity solutions
FIGURE 27 ADVANCED ADAS AND CONNECTIVITY SYSTEMS
5.2.1.2 Electrification of vehicles and increase in shared mobility
FIGURE 28 GLOBAL EV SALES, 2010–2021
5.2.1.3 Use of advanced automotive applications in luxury vehicles
TABLE 9 GLOBAL LUXURY CAR SALES BY GERMAN BRANDS (UNITS), 2015–2021
TABLE 10 LUXURY CAR SALES BY GERMAN BRANDS IN CHINA (UNITS), 2015–2021
TABLE 11 LUXURY CAR SALES BY GERMAN BRANDS IN US (UNITS), 2016–2021
5.2.2 RESTRAINTS
5.2.2.1 Intellectual property constraints
5.2.2.2 Digitization of R&D operations of global automotive OEMs
5.2.3 OPPORTUNITIES
5.2.3.1 Stringent government regulations for automotive safety features
TABLE 12 SAFETY FEATURES UNDER DEVELOPMENT
5.2.3.2 Technological shift to L4 and L5 automation
FIGURE 29 VISION SYSTEM OF FULLY AUTONOMOUS VEHICLE
5.2.3.3 Implementation of stringent emission norms and environmental regulations
TABLE 13 EUROPEAN EMISSION NORMS (EURO VII NORMS)
FIGURE 30 GLOBAL FUEL ECONOMY AND CO2 EMISSION DATA, 2016–2025
5.2.4 CHALLENGES
5.2.4.1 Highly competitive and scattered market
5.2.4.2 Risk of heavy investments
5.2.4.3 Increase in cybersecurity threats due to advancements in connectivity technology
5.2.5 IMPACT OF MARKET DYNAMICS
5.3 PORTER’S FIVE FORCES ANALYSIS
FIGURE 31 PORTER’S FIVE FORCES ANALYSIS: AUTOMOTIVE ENGINEERING SERVICES MARKET
TABLE 14 AUTOMOTIVE ENGINEERING SERVICES MARKET: IMPACT OF PORTER’S FIVE FORCES
5.3.1 THREAT OF SUBSTITUTES
5.3.2 THREAT OF NEW ENTRANTS
5.3.3 BARGAINING POWER OF BUYERS
5.3.4 BARGAINING POWER OF SUPPLIERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
5.4 VALUE CHAIN ANALYSIS
FIGURE 32 VALUE CHAIN OF AUTOMOTIVE ENGINEERING SERVICES
5.5 MACROECONOMIC INDICATORS
5.5.1 GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES
TABLE 15 GDP TRENDS AND FORECAST, BY MAJOR ECONOMIES, 2018–2026 (USD BILLION)
5.6 AUTOMOTIVE ENGINEERING SERVICES MARKET ECOSYSTEM
FIGURE 33 AUTOMOTIVE ENGINEERING SERVICES MARKET: ECOSYSTEM ANALYSIS
5.6.1 DESIGN, PROTOTYPING, AND TESTING SOLUTION PROVIDERS
5.6.2 AUTOMOTIVE ENGINEERING SERVICES PROVIDERS
5.6.3 OEMS
5.6.4 END USERS
TABLE 16 AUTOMOTIVE ENGINEERING SERVICES MARKET: ECOSYSTEM
5.7 KEY STAKEHOLDERS AND BUYING CRITERIA
5.7.1 IN-HOUSE
5.7.2 OUTSOURCE
5.7.3 KEY STAKEHOLDERS ON BUYING PROCESS
FIGURE 34 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 2 APPLICATIONS
TABLE 17 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 2 APPLICATIONS (%)
5.7.4 BUYING CRITERIA
FIGURE 35 KEY BUYING CRITERIA: BY LOCATION
5.8 TECHNOLOGY ANALYSIS
5.8.1 CONNECTED VEHICLES
FIGURE 36 CONNECTED CAR SOLUTION
5.8.2 ELECTRIC AND HYBRID VEHICLES
5.8.3 ADVANCED DRIVER ASSISTANCE SYSTEMS (ADAS)
FIGURE 37 ADVANCED DRIVER ASSISTANCE SYSTEMS FOR AUTOMOTIVE AND TRANSPORTATION
5.8.4 HIGH-POWER ELECTRIC MOTORS
FIGURE 38 48 VOLT ELECTRIFICATIONS
5.8.5 INDUCTION MOTORS
5.8.6 SOLID-STATE BATTERY (SSB)
5.8.7 SENSOR FUSION TECHNOLOGY
FIGURE 39 SENSOR FUSION TECHNOLOGY
5.9 PATENT ANALYSIS
FIGURE 40 NUMBER OF PUBLISHED PATENTS (2013–2022)
FIGURE 41 NUMBER OF DOCUMENTS
TABLE 18 IMPORTANT PATENT REGISTRATIONS RELATED TO AUTOMOTIVE ENGINEERING SERVICES MARKET, 2022
5.10 CASE STUDY ANALYSIS
5.10.1 CASE STUDY 1: MODEL-BASED SYSTEM ENGINEERING BY L&T TECHNOLOGY SERVICES
5.10.2 CASE STUDY 2: SIMULATION-BASED DEVELOPMENT OF FUNCTIONAL OIL DISTRIBUTION IN ELECTRIC AXLE SYSTEMS, BY AVL AND SCHAEFFLER
FIGURE 42 PASSIVE LUBRICATION CONCEPTS
5.10.3 CASE STUDY 3: TOWARDS A META-FACTORY SETUP
5.10.4 CASE STUDY 4: PERFORMING SIMULATIONS FOR SMART MANUFACTURING
5.10.5 CASE STUDY 5: DEVELOPMENT OF COMMERCIAL VEHICLE E-AXLE SYSTEM BASED ON NVH PERFORMANCE OPTIMIZATION
5.10.6 CASE STUDY 6: FUTURE-PROOFING VEHICLE STEERING SYSTEM
5.10.7 CASE STUDY 7: RENESAS BOOSTS DEEP LEARNING DEVELOPMENT FOR ADAS AND AUTOMATED DRIVING APPLICATIONS
5.10.8 CASE STUDY 8: DEVELOPING AUTONOMOUS DRIVING FOR GLOBAL OEM
5.11 REGULATORY OVERVIEW
FIGURE 43 EMISSION REDUCTION OVERVIEW OF MAJOR COUNTRIES, 2021
TABLE 19 EURO VI STANDARDS 2021: EUROPEAN EMISSION NORMS
TABLE 20 US III STANDARDS 2021: US EMISSION NORMS
TABLE 21 CHINA 6A, 6B STANDARDS 2021: CHINESE EMISSION NORMS
TABLE 22 JAPAN WLTC STANDARDS 2021: JAPANESE EMISSION NORMS
TABLE 23 BRAZIL L-6 STANDARDS 2021: BRAZILIAN EMISSION NORMS
5.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 24 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 25 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 26 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.12 TRENDS AND DISRUPTIONS
FIGURE 44 AUTOMOTIVE ENGINEERING SERVICES MARKET: TRENDS AND DISRUPTIONS
5.13 KEY CONFERENCES AND EVENTS, 2022–2023
TABLE 27 AUTOMOTIVE ENGINEERING SERVICES MARKET: CONFERENCES AND EVENTS
5.14 IMPACT OF RECESSION
5.14.1 INTRODUCTION
5.14.2 REGIONAL MACRO-ECONOMIC OVERVIEW
5.14.3 ANALYSIS OF KEY ECONOMIC INDICATORS
TABLE 28 KEY ECONOMIC INDICATORS FOR SELECT COUNTRIES, 2021–2023
5.14.4 ECONOMIC STAGFLATION (SLOWDOWN) VS. ECONOMIC RECESSION
5.14.4.1 Europe
TABLE 29 EUROPE: KEY ECONOMIC INDICATORS, 2021–2023
TABLE 30 EUROPE: KEY INFLATION INDICATORS, 2021–2023
5.14.4.2 Asia Pacific
TABLE 31 ASIA PACIFIC: KEY ECONOMIC INDICATORS, 2021–2023
TABLE 32 ASIA PACIFIC: KEY INFLATION INDICATORS, 2021–2023
5.14.4.3 Americas
TABLE 33 AMERICAS: KEY ECONOMIC INDICATORS, 2021–2023
TABLE 34 AMERICAS: KEY INFLATION INDICATORS, 2021–2023
5.14.5 ECONOMIC OUTLOOK/PROJECTIONS
TABLE 35 GDP GROWTH PROJECTIONS FOR KEY COUNTRIES, 2024–2027 (% GROWTH)
5.15 RECESSION IMPACT ON AUTOMOTIVE SECTOR
5.15.1 ANALYSIS OF AUTOMOTIVE VEHICLE SALES
5.15.1.1 Europe
TABLE 36 EUROPE: PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE SALES, BY COUNTRY, 2021–2022
5.15.1.2 Asia Pacific
TABLE 37 ASIA PACIFIC: PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE SALES, BY COUNTRY, 2021–2022
5.15.1.3 Americas
TABLE 38 AMERICAS: PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE SALES, BY COUNTRY, 2021–2022
5.15.2 AUTOMOTIVE SALES OUTLOOK
TABLE 39 PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE PRODUCTION FORECAST, 2022 VS. 2027 (THOUSAND UNITS)
5.16 AUTOMOTIVE ENGINEERING SERVICES MARKET SCENARIOS (2022–2028)
FIGURE 45 AUTOMOTIVE ENGINEERING SERVICES MARKET: FUTURE TRENDS AND SCENARIOS, 2022–2028
5.16.1 REALISTIC SCENARIO
TABLE 40 AUTOMOTIVE ENGINEERING SERVICES MARKET: MOST LIKELY SCENARIO, BY REGION, 2022–2028 (USD MILLION)
5.16.2 OPTIMISTIC SCENARIO
TABLE 41 AUTOMOTIVE ENGINEERING SERVICES MARKET: OPTIMISTIC SCENARIO, BY REGION, 2022–2028 (USD MILLION)
5.16.3 PESSIMISTIC SCENARIO
TABLE 42 AUTOMOTIVE ENGINEERING SERVICES MARKET: PESSIMISTIC SCENARIO, BY REGION, 2022–2028 (USD MILLION)
6 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY LOCATION
6.1 INTRODUCTION
FIGURE 46 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY LOCATION, 2022?2028
TABLE 43 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY LOCATION, 2018–2021 (USD MILLION)
TABLE 44 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY LOCATION, 2022–2028 (USD MILLION)
6.1.1 OPERATIONAL DATA
TABLE 45 TOP R&D INVESTORS IN ENGINEERING SERVICES
6.1.2 ASSUMPTIONS
6.1.3 RESEARCH METHODOLOGY
6.2 IN-HOUSE
6.2.1 ADVANTAGES SUCH AS STREAMLINED COMMUNICATION, IMPROVED QUALITY CONTROL, AND FASTER TIME TO MARKET TO INCREASE DEMAND FOR IN-HOUSE R&D
FIGURE 47 IN-HOUSE OPERATING SYSTEM OF VOLKSWAGEN
TABLE 46 IN-HOUSE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 47 IN-HOUSE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
6.3 OUTSOURCE
6.3.1 INCREASE IN DEMAND FOR ELECTRIFICATION, VEHICLE CONNECTIVITY, ADAS, AND SAFETY SERVICES TO DRIVE SEGMENT
TABLE 48 PERCENTAGE DISTRIBUTION OF REGION-WISE OUTSOURCING BY MAJOR OEMS
TABLE 49 OUTSOURCE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 50 OUTSOURCE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
6.4 KEY INDUSTRY INSIGHTS
7 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE
7.1 INTRODUCTION
FIGURE 48 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022?2028
TABLE 51 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 52 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
7.1.1 OPERATIONAL DATA
FIGURE 49 PRODUCTION AND DEVELOPMENT CYCLE OF VEHICLES
7.1.2 ASSUMPTIONS
7.1.3 RESEARCH METHODOLOGY
7.2 CONCEPT/RESEARCH
7.2.1 ADVANCEMENTS IN AUTOMOTIVE TECHNOLOGIES TO DRIVE SEGMENT
TABLE 53 LIST OF CONCEPT CARS
TABLE 54 CONCEPT/RESEARCH: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 55 CONCEPT/RESEARCH: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
7.3 DESIGNING
7.3.1 GROWING DEMAND FOR SMART MANUFACTURING AND RAPID UPGRADES IN AUTOMOTIVE DESIGN TO DRIVE MARKET
TABLE 56 DESIGN PROCESS OF VEHICLES
TABLE 57 DESIGNING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 58 DESIGNING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
7.4 PROTOTYPING
7.4.1 DEMAND FOR FLEXIBILITY TO ADOPT NEW DESIGNS TO DRIVE MARKET GROWTH
TABLE 59 PROTOTYPING PROCESS OF VEHICLES
TABLE 60 PROTOTYPING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 61 PROTOTYPING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
7.5 SYSTEM INTEGRATION
7.5.1 PROVISION OF QUALITY ENGINEERING SERVICES OUTSOURCED AT SUSTAINABLE COSTS TO INCREASE DEMAND
TABLE 62 SYSTEM INTEGRATION: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 63 SYSTEM INTEGRATION: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
7.6 TESTING
7.6.1 ADVANCEMENTS IN EV TECHNOLOGIES TO DRIVE DEMAND FOR BATTERY TESTING SERVICES
TABLE 64 TESTING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 65 TESTING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
7.7 KEY INDUSTRY INSIGHTS
8 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 50 AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY APPLICATION, 2022–2028 (USD MILLION)
FIGURE 51 AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY APPLICATION, 2022–2028 (USD MILLION)
TABLE 66 AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 67 AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY APPLICATION, 2022–2028 (USD MILLION)
TABLE 68 AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 69 AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY APPLICATION, 2022–2028 (USD MILLION)
8.1.1 OPERATIONAL DATA
TABLE 70 ADAS FEATURES IN 2020 TOYOTA VEHICLES
8.1.2 ASSUMPTIONS
8.1.3 RESEARCH METHODOLOGY
8.2 ADAS AND SAFETY
8.2.1 GROWING DEMAND FOR ROAD SAFETY AND AUTONOMOUS VEHICLES TO DRIVE SEGMENT
TABLE 71 ADAS AND SAFETY: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 72 ADAS AND SAFETY: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2022–2028 (USD MILLION)
TABLE 73 ADAS AND SAFETY: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 74 ADAS AND SAFETY: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2028 (USD MILLION)
8.3 ELECTRICAL, ELECTRONICS, AND BODY CONTROLS
8.3.1 GROWING DEMAND FOR APPLICATIONS SUCH AS POWER MANAGEMENT MODULES, CLIMATE CONTROLS, POWER WINDOWS, BODY CONTROL MODULES, AND SMART MIRRORS TO DRIVE MARKET
TABLE 75 ELECTRICAL, ELECTRONICS, AND BODY CONTROLS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 76 ELECTRICAL, ELECTRONICS, AND BODY CONTROLS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2022–2028 (USD MILLION)
TABLE 77 ELECTRICAL, ELECTRONICS, AND BODY CONTROLS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 78 ELECTRICAL, ELECTRONICS, AND BODY CONTROLS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2028 (USD MILLION)
8.4 CHASSIS
8.4.1 ELECTRIFICATION OF CHASSIS SYSTEMS COMBINED WITH DAMPING CONTROLS TO DRIVE DEMAND FOR ENGINEERING SERVICES FOR SAFER AND MORE EFFICIENT VEHICLES
TABLE 79 CHASSIS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 80 CHASSIS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2022–2028 (USD MILLION)
TABLE 81 CHASSIS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 82 CHASSIS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2028 (USD MILLION)
8.5 CONNECTIVITY SERVICES
8.5.1 AVAILABILITY OF LARGE OUTSOURCING ECOSYSTEM FOR CONNECTIVITY SERVICES TO DRIVE DEMAND FOR AUTOMOTIVE ENGINEERING SERVICES
TABLE 83 AUTOMOTIVE OUTSOURCING BY VERTICALS: CONNECTIVITY SERVICES
TABLE 84 CONNECTIVITY SERVICES: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 85 CONNECTIVITY SERVICES: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2022–2028 (USD MILLION)
TABLE 86 CONNECTIVITY SERVICES: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 87 CONNECTIVITY SERVICES: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2028 (USD MILLION)
8.6 INTERIOR, EXTERIOR, AND BODY ENGINEERING
8.6.1 NEED FOR INCREASED COMFORT AND ADDITION OF INNOVATIVE FEATURES TO FUEL DEMAND FOR INTERIOR, EXTERIOR, AND BODY ENGINEERING SERVICES
TABLE 88 AUTOMOTIVE OUTSOURCING BY VERTICALS: INTERIOR, EXTERIOR, AND BODY ENGINEERING
TABLE 89 INTERIOR, EXTERIOR, AND BODY ENGINEERING: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 90 INTERIOR, EXTERIOR, AND BODY ENGINEERING: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2022–2028 (USD MILLION)
TABLE 91 INTERIOR, EXTERIOR, AND BODY ENGINEERING: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 92 INTERIOR, EXTERIOR, AND BODY ENGINEERING: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2028 (USD MILLION)
8.7 POWERTRAIN AND EXHAUST
8.7.1 DEVELOPMENT OF ADVANCED POWERTRAIN DESIGNS DUE TO CHANGING EMISSION NORMS TO INCREASE DEMAND
TABLE 93 AUTOMOTIVE OUTSOURCING BY VERTICALS: POWERTRAIN AND EXHAUST
TABLE 94 POWERTRAIN AND EXHAUST: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 95 POWERTRAIN AND EXHAUST: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2022–2028 (USD MILLION)
TABLE 96 POWERTRAIN AND EXHAUST: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 97 POWERTRAIN AND EXHAUST: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2028 (USD MILLION)
8.8 SIMULATION
8.8.1 USE OF NEW TECHNOLOGIES SUCH AS METAVERSE IN AUTOMOTIVE SIMULATION TO CREATE NEW MARKET GROWTH OPPORTUNITIES
TABLE 98 SIMULATION: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 99 SIMULATION: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2022–2028 (USD MILLION)
TABLE 100 SIMULATION: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 101 SIMULATION: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2028 (USD MILLION)
8.9 BATTERY DEVELOPMENT AND MANAGEMENT
8.9.1 ADVANCEMENTS IN BATTERY SYSTEMS DUE TO DEMAND FOR EV BATTERY SAFETY TO DRIVE SEGMENT
TABLE 102 BATTERY DEVELOPMENT AND MANAGEMENT: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 103 BATTERY DEVELOPMENT AND MANAGEMENT: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
8.10 CHARGER TESTING
8.10.1 NEED TO PROTECT CHARGERS AND BATTERIES FROM DAMAGE DUE TO EXCESS HEAT TO DRIVE SEGMENT
TABLE 104 EV CHARGER TESTING STANDARDS AND REGULATIONS
TABLE 105 CHARGER TESTING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 106 CHARGER TESTING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
8.11 MOTOR CONTROLS
8.11.1 BETTER FUNCTIONALITY OF MOTORS IN EVS TO BOOST MARKET GROWTH
TABLE 107 MOTOR CONTROLS: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 108 MOTOR CONTROLS: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
8.12 OTHERS
8.12.1 NEED FOR INCREASED FUNCTIONALITIES IN AUTOMOTIVES TO DRIVE DEMAND FOR ENGINEERING SERVICES
TABLE 109 OTHERS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 110 OTHERS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2022–2028 (USD MILLION)
TABLE 111 OTHERS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 112 OTHERS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2028 (USD MILLION)
8.13 KEY INDUSTRY INSIGHTS
9 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY VEHICLE TYPE
9.1 INTRODUCTION
FIGURE 52 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY VEHICLE TYPE, 2022?2028
TABLE 113 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 114 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY VEHICLE TYPE, 2022–2028 (USD MILLION)
9.1.1 OPERATIONAL DATA
TABLE 115 GLOBAL PASSENGER CARS AND COMMERCIAL VEHICLES PRODUCTION DATA, 2021 (UNITS)
9.1.2 ASSUMPTIONS
9.1.3 RESEARCH METHODOLOGY
9.2 PASSENGER CARS
9.2.1 USE OF BEST-IN-CLASS SERVICES IN PASSENGER CARS TO INCREASE DEMAND
TABLE 116 PASSENGER CARS: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 117 PASSENGER CARS: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
9.3 COMMERCIAL VEHICLES
9.3.1 INTRODUCTION OF CONNECTIVITY SERVICES TO INCREASE DEMAND FOR ENGINEERING SERVICES FOR COMMERCIAL VEHICLES
TABLE 118 COMMERCIAL VEHICLES: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 119 COMMERCIAL VEHICLES: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
9.4 KEY INDUSTRY INSIGHTS
10 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY NATURE TYPE
10.1 INTRODUCTION
FIGURE 53 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY NATURE TYPE, 2022–2028
TABLE 120 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY NATURE TYPE, 2018–2021 (USD MILLION)
TABLE 121 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY NATURE TYPE, 2022–2028 (USD MILLION)
10.1.1 OPERATIONAL DATA
TABLE 122 GLOBAL AES PROVIDERS, BY NATURE TYPE
10.1.2 ASSUMPTIONS
10.1.3 RESEARCH METHODOLOGY
10.2 BODY LEASING
10.2.1 REQUIREMENT FOR OUTSOURCING SPECIFIC PROJECTS BY OEMS TO INCREASE DEMAND FOR BODY LEASING
TABLE 123 BODY LEASING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 124 BODY LEASING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
10.3 TURNKEY
10.3.1 NEED FOR COMPLETE OUTSOURCING OF AES SERVICES TO INCREASE TURNKEY SERVICES DEMAND
TABLE 125 TURNKEY: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 126 TURNKEY: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
10.4 KEY INDUSTRY INSIGHTS
11 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY PROPULSION
11.1 INTRODUCTION
FIGURE 54 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY PROPULSION, 2022–2028
TABLE 127 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY PROPULSION, 2018–2021 (USD MILLION)
TABLE 128 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY PROPULSION, 2022–2028 (USD MILLION)
11.1.1 ASSUMPTIONS
11.1.2 RESEARCH METHODOLOGY
11.2 INTERNAL COMBUSTION ENGINE
11.2.1 GROWING DEMAND FOR INNOVATIVE AUTOMOTIVE SOLUTIONS SUCH AS CONNECTIVITY AND ADAS TO INCREASE AES DEMAND
TABLE 129 INTERNAL COMBUSTION ENGINE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY PROPULSION, 2018–2021 (USD MILLION)
TABLE 130 INTERNAL COMBUSTION ENGINE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY PROPULSION, 2022–2028 (USD MILLION)
11.3 ELECTRIC
11.3.1 GROWING EV DEMAND DUE TO INCENTIVES AND OEM SUPPORT TO INCREASE ER&D SPENDING IN COMING YEARS
TABLE 131 ELECTRIC: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY PROPULSION, 2018–2021 (USD MILLION)
TABLE 132 ELECTRIC: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY PROPULSION, 2022–2028 (USD MILLION)
11.4 KEY INDUSTRY INSIGHTS
12 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION
12.1 INTRODUCTION
FIGURE 55 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028
TABLE 133 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 134 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
12.2 ASIA PACIFIC
FIGURE 56 ASIA PACIFIC: AUTOMOTIVE ENGINEERING SERVICES MARKET SNAPSHOT, 2022–2028
TABLE 135 ASIA PACIFIC: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 136 ASIA PACIFIC: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2022–2028 (USD MILLION)
12.2.1 CHINA
12.2.1.1 Setting up of new R&D facilities by top OEMs and AES providers to drive market
TABLE 137 CHINA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 138 CHINA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.2.2 INDIA
12.2.2.1 Presence of strong AES ecosystem to boost market
TABLE 139 INDIA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 140 INDIA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.2.3 JAPAN
12.2.3.1 Growing outsourcing services by major OEMs to automotive service providers to drive market
TABLE 141 JAPAN: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 142 JAPAN: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.2.4 SOUTH KOREA
12.2.4.1 OEM push for vehicle electrification to increase demand for automotive engineering services
TABLE 143 SOUTH KOREA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 144 SOUTH KOREA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.2.5 REST OF ASIA PACIFIC
TABLE 145 REST OF ASIA PACIFIC: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 146 REST OF ASIA PACIFIC: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.3 EUROPE
FIGURE 57 EUROPE: AUTOMOTIVE ENGINEERING SERVICES MARKET GROWTH, 2022–2028
TABLE 147 EUROPE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 148 EUROPE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2022–2028 (USD MILLION)
12.3.1 FRANCE
12.3.1.1 Rapid shift to EVs and regulations for automotive safety systems to increase AES demand
TABLE 149 FRANCE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 150 FRANCE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.3.2 GERMANY
12.3.2.1 Large ER&D and outsourcing budgets of top German automakers and component manufacturers to increase AES demand
TABLE 151 GERMANY: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 152 GERMANY: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.3.3 ITALY
12.3.3.1 Rapid electrification and demand for advanced features in vehicles to drive market
TABLE 153 ITALY: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 154 ITALY: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.3.4 RUSSIA
12.3.4.1 Divestments due to Russia-Ukraine war to impact market growth
TABLE 155 RUSSIA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 156 RUSSIA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.3.5 SPAIN
12.3.5.1 EV shift and demand for advanced features in commercial vehicles to drive market
TABLE 157 SPAIN: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 158 SPAIN: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.3.6 UK
12.3.6.1 Rapid electrification plans and high demand for luxury automobiles to drive market
TABLE 159 UK: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 160 UK: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.3.7 REST OF EUROPE
TABLE 161 REST OF EUROPE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 162 REST OF EUROPE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.4 NORTH AMERICA
FIGURE 58 NORTH AMERICA: AUTOMOTIVE ENGINEERING SERVICES MARKET, 2022–2028
TABLE 163 NORTH AMERICA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 164 NORTH AMERICA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2022–2028 (USD MILLION)
12.4.1 CANADA
12.4.1.1 Establishment of new R&D facilities by global automotive service providers to drive market
TABLE 165 CANADA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 166 CANADA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.4.2 MEXICO
12.4.2.1 Entry of global players to drive automotive engineering services industry growth
TABLE 167 MEXICO: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 168 MEXICO: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.4.3 US
12.4.3.1 Collaborations and partnerships between AES providers and automotive OEMs to drive market
TABLE 169 US: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 170 US: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.5 REST OF THE WORLD (ROW)
FIGURE 59 REST OF THE WORLD: AUTOMOTIVE ENGINEERING SERVICES MARKET, 2022–2028
TABLE 171 REST OF THE WORLD: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 172 REST OF THE WORLD: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2022–2028 (USD MILLION)
12.5.1 BRAZIL
12.5.1.1 Expansion of R&D operations by major AES providers to impact market positively
TABLE 173 BRAZIL: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 174 BRAZIL: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.5.2 IRAN
12.5.2.1 Developments in automotive technology to drive market
TABLE 175 IRAN: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 176 IRAN: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.5.3 OTHERS
TABLE 177 OTHERS: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 178 OTHERS: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
13 COMPETITIVE LANDSCAPE
13.1 OVERVIEW
13.2 MARKET SHARE ANALYSIS
TABLE 179 MARKET SHARE ANALYSIS, 2021
FIGURE 60 MARKET SHARE ANALYSIS FOR AUTOMOTIVE ENGINEERING SERVICES MARKET, 2021
13.3 MARKET EVALUATION FRAMEWORK: REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS
FIGURE 61 TOP PUBLIC/LISTED PLAYERS DOMINATING AUTOMOTIVE ENGINEERING SERVICES MARKET
13.4 COMPETITIVE SCENARIO
13.4.1 DEALS
TABLE 180 DEALS, 2019–2022
13.4.2 NEW PRODUCT DEVELOPMENTS
TABLE 181 NEW PRODUCT DEVELOPMENTS, 2019–2022
13.4.3 OTHERS
TABLE 182 EXPANSIONS, 2019–2022
13.5 COMPETITIVE LEADERSHIP MAPPING FOR AUTOMOTIVE ENGINEERING SERVICES MARKET
13.5.1 STARS
13.5.2 EMERGING LEADERS
13.5.3 PERVASIVE PLAYERS
13.5.4 PARTICIPANTS
FIGURE 62 AUTOMOTIVE ENGINEERING SERVICES MARKET: COMPETITIVE LEADERSHIP MAPPING FOR TOP PLAYERS, 2021
13.5.5 COMPANY EVALUATION QUADRANT: FOOTPRINT OF MARKET PLAYERS, 2021
TABLE 183 COMPANY FOOTPRINT
13.5.6 AUTOMOTIVE ENGINEERING SERVICES MARKET: APPLICATION FOOTPRINT OF MARKET PLAYERS, 2021
TABLE 184 COMPANY APPLICATION FOOTPRINT
13.5.7 AUTOMOTIVE ENGINEERING SERVICES MARKET: REGIONAL FOOTPRINT OF MARKET PLAYERS, 2021
TABLE 185 COMPANY REGIONAL FOOTPRINT
13.6 COMPETITIVE EVALUATION QUADRANT: SMES AND OTHER KEY PLAYERS
13.6.1 PROGRESSIVE COMPANIES
13.6.2 RESPONSIVE COMPANIES
13.6.3 DYNAMIC COMPANIES
13.6.4 STARTING BLOCKS
FIGURE 63 AUTOMOTIVE ENGINEERING SERVICES MARKET: COMPETITIVE LEADERSHIP MAPPING FOR SMES AND OTHER KEY PLAYERS, 2021
14 COMPANY PROFILES
(Business overview, Products offered, Recent developments & MnM View)*
14.1 KEY PLAYERS
14.1.1 CAPGEMINI
TABLE 186 CAPGEMINI: BUSINESS OVERVIEW
FIGURE 64 CAPGEMINI: COMPANY SNAPSHOT
TABLE 187 CAPGEMINI: TOP CLIENTS ACROSS INDUSTRIES
TABLE 188 CAPGEMINI: PRODUCTS/SERVICES OFFERED
TABLE 189 CAPGEMINI: NEW PRODUCT DEVELOPMENTS
TABLE 190 CAPGEMINI: DEALS
TABLE 191 CAPGEMINI: OTHERS
14.1.2 AKKA TECHNOLOGIES
TABLE 192 AKKA TECHNOLOGIES: BUSINESS OVERVIEW
FIGURE 65 AKKA TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 193 AKKA TECHNOLOGIES: AUTOMOTIVE OUTSOURCING, BY VERTICAL
TABLE 194 AKKA TECHNOLOGIES: PRODUCTS/SERVICES OFFERED
TABLE 195 AKKA TECHNOLOGIES: NEW PRODUCT DEVELOPMENTS
TABLE 196 AKKA TECHNOLOGIES: DEALS
14.1.3 TECH MAHINDRA
TABLE 197 TECH MAHINDRA: BUSINESS OVERVIEW
FIGURE 66 TECH MAHINDRA: COMPANY SNAPSHOT
FIGURE 67 TECH MAHINDRA: NXT.NOW STRATEGY
TABLE 198 TECH MAHINDRA: PRODUCTS/SERVICES OFFERED
TABLE 199 TECH MAHINDRA: NEW PRODUCT DEVELOPMENTS
TABLE 200 TECH MAHINDRA: DEALS
TABLE 201 TECH MAHINDRA: OTHERS
14.1.4 IAV AUTOMOTIVE ENGINEERING
TABLE 202 IAV AUTOMOTIVE ENGINEERING: BUSINESS OVERVIEW
FIGURE 68 IAV AUTOMOTIVE ENGINEERING: SERVICES PORTFOLIO
TABLE 203 IAV AUTOMOTIVE ENGINEERING: PRODUCTS/SERVICES OFFERED
TABLE 204 IAV AUTOMOTIVE ENGINEERING: NEW PRODUCT DEVELOPMENTS
TABLE 205 IAV AUTOMOTIVE ENGINEERING: DEALS
TABLE 206 IAV AUTOMOTIVE ENGINEERING: OTHERS
14.1.5 HCL TECHNOLOGIES
TABLE 207 HCL TECHNOLOGIES: BUSINESS OVERVIEW
FIGURE 69 HCL TECHNOLOGIES: COMPANY SNAPSHOT
FIGURE 70 HCL TECHNOLOGIES: COMPANY AES SOLUTIONS OVERVIEW
TABLE 208 HCL TECHNOLOGIES: PRODUCTS/SERVICES OFFERED
TABLE 209 HCL TECHNOLOGIES: DEALS
TABLE 210 HCL TECHNOLOGIES: OTHERS
14.1.6 HARMAN INTERNATIONAL
TABLE 211 HARMAN INTERNATIONAL: BUSINESS OVERVIEW
TABLE 212 HARMAN INTERNATIONAL: PRODUCTS/SERVICES OFFERED
TABLE 213 HARMAN INTERNATIONAL: NEW PRODUCT DEVELOPMENTS
TABLE 214 HARMAN INTERNATIONAL: DEALS
TABLE 215 HARMAN INTERNATIONAL: OTHERS
14.1.7 RICARDO
TABLE 216 RICARDO: BUSINESS OVERVIEW
FIGURE 71 RICARDO: COMPANY SNAPSHOT
TABLE 217 RICARDO: PRODUCTS/SERVICES OFFERED
TABLE 218 RICARDO: NEW PRODUCT DEVELOPMENTS
TABLE 219 RICARDO: DEALS
TABLE 220 RICARDO: OTHERS
14.1.8 AVL
TABLE 221 AVL: BUSINESS OVERVIEW
TABLE 222 AVL: PRODUCTS/SERVICES OFFERED
TABLE 223 AVL: NEW PRODUCT DEVELOPMENTS
TABLE 224 AVL: DEALS
TABLE 225 AVL: OTHERS
14.1.9 BERTRANDT AG
TABLE 226 BERTRANDT AG: BUSINESS OVERVIEW
FIGURE 72 BERTRANDT AG: COMPANY SNAPSHOT
TABLE 227 BERTRANDT AG: AUTOMOTIVE OUTSOURCING, BY VERTICAL
TABLE 228 BERTRANDT AG: PRODUCTS/SERVICES OFFERED
TABLE 229 BERTRANDT AG: NEW PRODUCT DEVELOPMENTS
TABLE 230 BERTRANDT AG: DEALS
TABLE 231 BERTRANDT AG: OTHERS
14.1.10 ALTEN GROUP
TABLE 232 ALTEN GROUP: BUSINESS OVERVIEW
FIGURE 73 ALTEN GROUP: COMPANY SNAPSHOT
TABLE 233 ALTEN GROUP: AUTOMOTIVE OUTSOURCING, BY VERTICAL
TABLE 234 ALTEN GROUP: RECENT AUTOMOTIVE PROJECTS UNDERTAKEN
TABLE 235 ALTEN GROUP: PRODUCTS/SERVICES OFFERED
TABLE 236 ALTEN GROUP: DEALS
14.1.11 L&T TECHNOLOGY SERVICES
TABLE 237 L&T TECHNOLOGY SERVICES: BUSINESS OVERVIEW
FIGURE 74 L&T TECHNOLOGY SERVICES: COMPANY SNAPSHOT
FIGURE 75 L&T TECHNOLOGY SERVICES: GROUP STRUCTURE
TABLE 238 L&T TECHNOLOGY SERVICES: AUTOMOTIVE OUTSOURCING, BY VERTICAL
TABLE 239 L&T TECHNOLOGY SERVICES: PRODUCTS/SERVICES OFFERED
TABLE 240 L&T TECHNOLOGY SERVICES: DEALS
TABLE 241 L&T TECHNOLOGY SERVICES: OTHERS
14.1.12 FEV
TABLE 242 FEV: BUSINESS OVERVIEW
TABLE 243 FEV: PRODUCTS/SERVICES OFFERED
TABLE 244 FEV: NEW PRODUCT DEVELOPMENTS
TABLE 245 FEV: DEALS
TABLE 246 FEV: OTHERS
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
14.2 OTHER PLAYERS
14.2.1 IMAGINATIVE AUTOMOTIVE ENGINEERING SERVICES
14.2.2 ONWARD TECHNOLOGIES
14.2.3 AUTOMOTIVE ENGINEERING SERVICES (AES)
14.2.4 KISTLER
14.2.5 CONTINENTAL ENGINEERING SERVICES
14.2.6 EDAG
14.2.7 ESI GROUP
14.2.8 SEMCON
14.2.9 SEGULA TECHNOLOGIES
14.2.10 GLOBALLOGIC
14.2.11 EPAM SYSTEMS
14.2.12 BELCAN
14.2.13 T-NET JAPAN
14.2.14 DESIGNTECH SYSTEMS
14.2.15 HORIBA
14.2.16 INTERTEK
14.2.17 ALTAIR ENGINEERING
14.2.18 ARRK PRODUCT DEVELOPMENT GROUP
15 RECOMMENDATIONS BY MARKETSANDMARKETS
15.1 INCREASED DEMAND FOR ELECTRIFICATION, CONNECTIVITY SOLUTIONS, AND ADVANCED SAFETY FEATURES IN VEHICLES
15.2 ASIA PACIFIC TO LEAD AUTOMOTIVE ENGINEERING SERVICES MARKET DURING FORECAST PERIOD
15.3 CONCLUSION
16 APPENDIX
16.1 KEY INSIGHTS FROM INDUSTRY EXPERTS
16.2 DISCUSSION GUIDE
16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.4 CUSTOMIZATION OPTIONS
16.5 RELATED REPORTS
16.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
TABLE 1 AUTOMOTIVE ENGINEERING SERVICES MARKET DEFINITION, BY LOCATION
TABLE 2 AUTOMOTIVE ENGINEERING SERVICES MARKET DEFINITION, BY SERVICE TYPE
TABLE 3 AUTOMOTIVE ENGINEERING SERVICES MARKET DEFINITION, BY NATURE TYPE
TABLE 4 AUTOMOTIVE ENGINEERING SERVICES MARKET DEFINITION, BY APPLICATION
TABLE 5 AUTOMOTIVE ENGINEERING SERVICES MARKET DEFINITION, BY VEHICLE TYPE
TABLE 6 AUTOMOTIVE ENGINEERING SERVICES MARKET DEFINITION, BY PROPULSION
1.2.1 INCLUSIONS AND EXCLUSIONS
TABLE 7 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
FIGURE 1 MARKETS COVERED
1.3.1 REGIONS COVERED
1.3.2 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 8 CURRENCY EXCHANGE RATES
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 AUTOMOTIVE ENGINEERING SERVICES MARKET: RESEARCH DESIGN
FIGURE 3 RESEARCH DESIGN MODEL
2.1.1 SECONDARY DATA
2.1.1.1 Key secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews: Demand and supply sides
2.1.2.2 Key industry insights and breakdown of primary interviews
FIGURE 4 KEY INDUSTRY INSIGHTS
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS
2.1.2.3 List of primary participants
2.2 MARKET SIZE ESTIMATION
FIGURE 6 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
2.2.1 TOP-DOWN APPROACH
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY FOR AUTOMOTIVE ENGINEERING SERVICES MARKET: TOP-DOWN APPROACH
2.2.2 RECESSION IMPACT ANALYSIS
FIGURE 8 AUTOMOTIVE ENGINEERING SERVICES MARKET: RESEARCH DESIGN & METHODOLOGY
FIGURE 9 AUTOMOTIVE ENGINEERING SERVICES MARKET: RESEARCH METHODOLOGY ILLUSTRATION OF CAPGEMINI REVENUE ESTIMATION
2.3 DATA TRIANGULATION
FIGURE 10 DATA TRIANGULATION METHODOLOGY
FIGURE 11 MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES
2.4 FACTOR ANALYSIS
2.4.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
FIGURE 12 AUTOMOTIVE ENGINEERING SERVICES MARKET: MARKET OVERVIEW
FIGURE 13 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
FIGURE 14 AUTOMOTIVE ENGINEERING SERVICES MARKET: ONGOING MARKET TRENDS
FIGURE 15 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022?2028
FIGURE 16 RECESSION IMPACT ON AUTOMOTIVE ENGINEERING SERVICES MARKET
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AUTOMOTIVE ENGINEERING SERVICES MARKET
FIGURE 17 GROWTH OF CONNECTED SERVICES AND INCREASING FOCUS ON ELECTRIC VEHICLES TO DRIVE MARKET IN NEXT FIVE YEARS
4.2 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY LOCATION
FIGURE 18 OUTSOURCE SEGMENT TO REGISTER HIGHER CAGR THAN IN-HOUSE SEGMENT DURING FORECAST PERIOD
4.3 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE
FIGURE 19 PROTOTYPING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD (ICE+EV)
4.4 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY APPLICATION
FIGURE 20 ELECTRICAL, ELECTRONICS, AND BODY CONTROLS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD (ICE)
FIGURE 21 BATTERY DEVELOPMENT AND MANAGEMENT SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD (EV)
4.5 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY VEHICLE TYPE
FIGURE 22 PASSENGER CARS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD (ICE+EV)
4.6 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY PROPULSION
FIGURE 23 ELECTRIC SEGMENT TO GROW AT HIGHER RATE THAN ICE SEGMENT DURING FORECAST PERIOD
4.7 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY NATURE TYPE
FIGURE 24 BODY LEASING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD (ICE+EV)
4.8 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION
FIGURE 25 EUROPE TO ACCOUNT FOR LARGEST MARKET SHARE IN 2022
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 26 AUTOMOTIVE ENGINEERING SERVICES MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing demand for ADAS and connectivity solutions
FIGURE 27 ADVANCED ADAS AND CONNECTIVITY SYSTEMS
5.2.1.2 Electrification of vehicles and increase in shared mobility
FIGURE 28 GLOBAL EV SALES, 2010–2021
5.2.1.3 Use of advanced automotive applications in luxury vehicles
TABLE 9 GLOBAL LUXURY CAR SALES BY GERMAN BRANDS (UNITS), 2015–2021
TABLE 10 LUXURY CAR SALES BY GERMAN BRANDS IN CHINA (UNITS), 2015–2021
TABLE 11 LUXURY CAR SALES BY GERMAN BRANDS IN US (UNITS), 2016–2021
5.2.2 RESTRAINTS
5.2.2.1 Intellectual property constraints
5.2.2.2 Digitization of R&D operations of global automotive OEMs
5.2.3 OPPORTUNITIES
5.2.3.1 Stringent government regulations for automotive safety features
TABLE 12 SAFETY FEATURES UNDER DEVELOPMENT
5.2.3.2 Technological shift to L4 and L5 automation
FIGURE 29 VISION SYSTEM OF FULLY AUTONOMOUS VEHICLE
5.2.3.3 Implementation of stringent emission norms and environmental regulations
TABLE 13 EUROPEAN EMISSION NORMS (EURO VII NORMS)
FIGURE 30 GLOBAL FUEL ECONOMY AND CO2 EMISSION DATA, 2016–2025
5.2.4 CHALLENGES
5.2.4.1 Highly competitive and scattered market
5.2.4.2 Risk of heavy investments
5.2.4.3 Increase in cybersecurity threats due to advancements in connectivity technology
5.2.5 IMPACT OF MARKET DYNAMICS
5.3 PORTER’S FIVE FORCES ANALYSIS
FIGURE 31 PORTER’S FIVE FORCES ANALYSIS: AUTOMOTIVE ENGINEERING SERVICES MARKET
TABLE 14 AUTOMOTIVE ENGINEERING SERVICES MARKET: IMPACT OF PORTER’S FIVE FORCES
5.3.1 THREAT OF SUBSTITUTES
5.3.2 THREAT OF NEW ENTRANTS
5.3.3 BARGAINING POWER OF BUYERS
5.3.4 BARGAINING POWER OF SUPPLIERS
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
5.4 VALUE CHAIN ANALYSIS
FIGURE 32 VALUE CHAIN OF AUTOMOTIVE ENGINEERING SERVICES
5.5 MACROECONOMIC INDICATORS
5.5.1 GDP TRENDS AND FORECAST FOR MAJOR ECONOMIES
TABLE 15 GDP TRENDS AND FORECAST, BY MAJOR ECONOMIES, 2018–2026 (USD BILLION)
5.6 AUTOMOTIVE ENGINEERING SERVICES MARKET ECOSYSTEM
FIGURE 33 AUTOMOTIVE ENGINEERING SERVICES MARKET: ECOSYSTEM ANALYSIS
5.6.1 DESIGN, PROTOTYPING, AND TESTING SOLUTION PROVIDERS
5.6.2 AUTOMOTIVE ENGINEERING SERVICES PROVIDERS
5.6.3 OEMS
5.6.4 END USERS
TABLE 16 AUTOMOTIVE ENGINEERING SERVICES MARKET: ECOSYSTEM
5.7 KEY STAKEHOLDERS AND BUYING CRITERIA
5.7.1 IN-HOUSE
5.7.2 OUTSOURCE
5.7.3 KEY STAKEHOLDERS ON BUYING PROCESS
FIGURE 34 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP 2 APPLICATIONS
TABLE 17 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 2 APPLICATIONS (%)
5.7.4 BUYING CRITERIA
FIGURE 35 KEY BUYING CRITERIA: BY LOCATION
5.8 TECHNOLOGY ANALYSIS
5.8.1 CONNECTED VEHICLES
FIGURE 36 CONNECTED CAR SOLUTION
5.8.2 ELECTRIC AND HYBRID VEHICLES
5.8.3 ADVANCED DRIVER ASSISTANCE SYSTEMS (ADAS)
FIGURE 37 ADVANCED DRIVER ASSISTANCE SYSTEMS FOR AUTOMOTIVE AND TRANSPORTATION
5.8.4 HIGH-POWER ELECTRIC MOTORS
FIGURE 38 48 VOLT ELECTRIFICATIONS
5.8.5 INDUCTION MOTORS
5.8.6 SOLID-STATE BATTERY (SSB)
5.8.7 SENSOR FUSION TECHNOLOGY
FIGURE 39 SENSOR FUSION TECHNOLOGY
5.9 PATENT ANALYSIS
FIGURE 40 NUMBER OF PUBLISHED PATENTS (2013–2022)
FIGURE 41 NUMBER OF DOCUMENTS
TABLE 18 IMPORTANT PATENT REGISTRATIONS RELATED TO AUTOMOTIVE ENGINEERING SERVICES MARKET, 2022
5.10 CASE STUDY ANALYSIS
5.10.1 CASE STUDY 1: MODEL-BASED SYSTEM ENGINEERING BY L&T TECHNOLOGY SERVICES
5.10.2 CASE STUDY 2: SIMULATION-BASED DEVELOPMENT OF FUNCTIONAL OIL DISTRIBUTION IN ELECTRIC AXLE SYSTEMS, BY AVL AND SCHAEFFLER
FIGURE 42 PASSIVE LUBRICATION CONCEPTS
5.10.3 CASE STUDY 3: TOWARDS A META-FACTORY SETUP
5.10.4 CASE STUDY 4: PERFORMING SIMULATIONS FOR SMART MANUFACTURING
5.10.5 CASE STUDY 5: DEVELOPMENT OF COMMERCIAL VEHICLE E-AXLE SYSTEM BASED ON NVH PERFORMANCE OPTIMIZATION
5.10.6 CASE STUDY 6: FUTURE-PROOFING VEHICLE STEERING SYSTEM
5.10.7 CASE STUDY 7: RENESAS BOOSTS DEEP LEARNING DEVELOPMENT FOR ADAS AND AUTOMATED DRIVING APPLICATIONS
5.10.8 CASE STUDY 8: DEVELOPING AUTONOMOUS DRIVING FOR GLOBAL OEM
5.11 REGULATORY OVERVIEW
FIGURE 43 EMISSION REDUCTION OVERVIEW OF MAJOR COUNTRIES, 2021
TABLE 19 EURO VI STANDARDS 2021: EUROPEAN EMISSION NORMS
TABLE 20 US III STANDARDS 2021: US EMISSION NORMS
TABLE 21 CHINA 6A, 6B STANDARDS 2021: CHINESE EMISSION NORMS
TABLE 22 JAPAN WLTC STANDARDS 2021: JAPANESE EMISSION NORMS
TABLE 23 BRAZIL L-6 STANDARDS 2021: BRAZILIAN EMISSION NORMS
5.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 24 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 25 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 26 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.12 TRENDS AND DISRUPTIONS
FIGURE 44 AUTOMOTIVE ENGINEERING SERVICES MARKET: TRENDS AND DISRUPTIONS
5.13 KEY CONFERENCES AND EVENTS, 2022–2023
TABLE 27 AUTOMOTIVE ENGINEERING SERVICES MARKET: CONFERENCES AND EVENTS
5.14 IMPACT OF RECESSION
5.14.1 INTRODUCTION
5.14.2 REGIONAL MACRO-ECONOMIC OVERVIEW
5.14.3 ANALYSIS OF KEY ECONOMIC INDICATORS
TABLE 28 KEY ECONOMIC INDICATORS FOR SELECT COUNTRIES, 2021–2023
5.14.4 ECONOMIC STAGFLATION (SLOWDOWN) VS. ECONOMIC RECESSION
5.14.4.1 Europe
TABLE 29 EUROPE: KEY ECONOMIC INDICATORS, 2021–2023
TABLE 30 EUROPE: KEY INFLATION INDICATORS, 2021–2023
5.14.4.2 Asia Pacific
TABLE 31 ASIA PACIFIC: KEY ECONOMIC INDICATORS, 2021–2023
TABLE 32 ASIA PACIFIC: KEY INFLATION INDICATORS, 2021–2023
5.14.4.3 Americas
TABLE 33 AMERICAS: KEY ECONOMIC INDICATORS, 2021–2023
TABLE 34 AMERICAS: KEY INFLATION INDICATORS, 2021–2023
5.14.5 ECONOMIC OUTLOOK/PROJECTIONS
TABLE 35 GDP GROWTH PROJECTIONS FOR KEY COUNTRIES, 2024–2027 (% GROWTH)
5.15 RECESSION IMPACT ON AUTOMOTIVE SECTOR
5.15.1 ANALYSIS OF AUTOMOTIVE VEHICLE SALES
5.15.1.1 Europe
TABLE 36 EUROPE: PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE SALES, BY COUNTRY, 2021–2022
5.15.1.2 Asia Pacific
TABLE 37 ASIA PACIFIC: PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE SALES, BY COUNTRY, 2021–2022
5.15.1.3 Americas
TABLE 38 AMERICAS: PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE SALES, BY COUNTRY, 2021–2022
5.15.2 AUTOMOTIVE SALES OUTLOOK
TABLE 39 PASSENGER CAR AND LIGHT COMMERCIAL VEHICLE PRODUCTION FORECAST, 2022 VS. 2027 (THOUSAND UNITS)
5.16 AUTOMOTIVE ENGINEERING SERVICES MARKET SCENARIOS (2022–2028)
FIGURE 45 AUTOMOTIVE ENGINEERING SERVICES MARKET: FUTURE TRENDS AND SCENARIOS, 2022–2028
5.16.1 REALISTIC SCENARIO
TABLE 40 AUTOMOTIVE ENGINEERING SERVICES MARKET: MOST LIKELY SCENARIO, BY REGION, 2022–2028 (USD MILLION)
5.16.2 OPTIMISTIC SCENARIO
TABLE 41 AUTOMOTIVE ENGINEERING SERVICES MARKET: OPTIMISTIC SCENARIO, BY REGION, 2022–2028 (USD MILLION)
5.16.3 PESSIMISTIC SCENARIO
TABLE 42 AUTOMOTIVE ENGINEERING SERVICES MARKET: PESSIMISTIC SCENARIO, BY REGION, 2022–2028 (USD MILLION)
6 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY LOCATION
6.1 INTRODUCTION
FIGURE 46 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY LOCATION, 2022?2028
TABLE 43 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY LOCATION, 2018–2021 (USD MILLION)
TABLE 44 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY LOCATION, 2022–2028 (USD MILLION)
6.1.1 OPERATIONAL DATA
TABLE 45 TOP R&D INVESTORS IN ENGINEERING SERVICES
6.1.2 ASSUMPTIONS
6.1.3 RESEARCH METHODOLOGY
6.2 IN-HOUSE
6.2.1 ADVANTAGES SUCH AS STREAMLINED COMMUNICATION, IMPROVED QUALITY CONTROL, AND FASTER TIME TO MARKET TO INCREASE DEMAND FOR IN-HOUSE R&D
FIGURE 47 IN-HOUSE OPERATING SYSTEM OF VOLKSWAGEN
TABLE 46 IN-HOUSE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 47 IN-HOUSE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
6.3 OUTSOURCE
6.3.1 INCREASE IN DEMAND FOR ELECTRIFICATION, VEHICLE CONNECTIVITY, ADAS, AND SAFETY SERVICES TO DRIVE SEGMENT
TABLE 48 PERCENTAGE DISTRIBUTION OF REGION-WISE OUTSOURCING BY MAJOR OEMS
TABLE 49 OUTSOURCE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 50 OUTSOURCE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
6.4 KEY INDUSTRY INSIGHTS
7 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE
7.1 INTRODUCTION
FIGURE 48 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022?2028
TABLE 51 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 52 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
7.1.1 OPERATIONAL DATA
FIGURE 49 PRODUCTION AND DEVELOPMENT CYCLE OF VEHICLES
7.1.2 ASSUMPTIONS
7.1.3 RESEARCH METHODOLOGY
7.2 CONCEPT/RESEARCH
7.2.1 ADVANCEMENTS IN AUTOMOTIVE TECHNOLOGIES TO DRIVE SEGMENT
TABLE 53 LIST OF CONCEPT CARS
TABLE 54 CONCEPT/RESEARCH: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 55 CONCEPT/RESEARCH: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
7.3 DESIGNING
7.3.1 GROWING DEMAND FOR SMART MANUFACTURING AND RAPID UPGRADES IN AUTOMOTIVE DESIGN TO DRIVE MARKET
TABLE 56 DESIGN PROCESS OF VEHICLES
TABLE 57 DESIGNING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 58 DESIGNING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
7.4 PROTOTYPING
7.4.1 DEMAND FOR FLEXIBILITY TO ADOPT NEW DESIGNS TO DRIVE MARKET GROWTH
TABLE 59 PROTOTYPING PROCESS OF VEHICLES
TABLE 60 PROTOTYPING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 61 PROTOTYPING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
7.5 SYSTEM INTEGRATION
7.5.1 PROVISION OF QUALITY ENGINEERING SERVICES OUTSOURCED AT SUSTAINABLE COSTS TO INCREASE DEMAND
TABLE 62 SYSTEM INTEGRATION: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 63 SYSTEM INTEGRATION: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
7.6 TESTING
7.6.1 ADVANCEMENTS IN EV TECHNOLOGIES TO DRIVE DEMAND FOR BATTERY TESTING SERVICES
TABLE 64 TESTING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 65 TESTING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
7.7 KEY INDUSTRY INSIGHTS
8 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 50 AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY APPLICATION, 2022–2028 (USD MILLION)
FIGURE 51 AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY APPLICATION, 2022–2028 (USD MILLION)
TABLE 66 AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 67 AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY APPLICATION, 2022–2028 (USD MILLION)
TABLE 68 AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY APPLICATION, 2018–2021 (USD MILLION)
TABLE 69 AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY APPLICATION, 2022–2028 (USD MILLION)
8.1.1 OPERATIONAL DATA
TABLE 70 ADAS FEATURES IN 2020 TOYOTA VEHICLES
8.1.2 ASSUMPTIONS
8.1.3 RESEARCH METHODOLOGY
8.2 ADAS AND SAFETY
8.2.1 GROWING DEMAND FOR ROAD SAFETY AND AUTONOMOUS VEHICLES TO DRIVE SEGMENT
TABLE 71 ADAS AND SAFETY: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 72 ADAS AND SAFETY: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2022–2028 (USD MILLION)
TABLE 73 ADAS AND SAFETY: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 74 ADAS AND SAFETY: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2028 (USD MILLION)
8.3 ELECTRICAL, ELECTRONICS, AND BODY CONTROLS
8.3.1 GROWING DEMAND FOR APPLICATIONS SUCH AS POWER MANAGEMENT MODULES, CLIMATE CONTROLS, POWER WINDOWS, BODY CONTROL MODULES, AND SMART MIRRORS TO DRIVE MARKET
TABLE 75 ELECTRICAL, ELECTRONICS, AND BODY CONTROLS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 76 ELECTRICAL, ELECTRONICS, AND BODY CONTROLS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2022–2028 (USD MILLION)
TABLE 77 ELECTRICAL, ELECTRONICS, AND BODY CONTROLS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 78 ELECTRICAL, ELECTRONICS, AND BODY CONTROLS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2028 (USD MILLION)
8.4 CHASSIS
8.4.1 ELECTRIFICATION OF CHASSIS SYSTEMS COMBINED WITH DAMPING CONTROLS TO DRIVE DEMAND FOR ENGINEERING SERVICES FOR SAFER AND MORE EFFICIENT VEHICLES
TABLE 79 CHASSIS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 80 CHASSIS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2022–2028 (USD MILLION)
TABLE 81 CHASSIS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 82 CHASSIS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2028 (USD MILLION)
8.5 CONNECTIVITY SERVICES
8.5.1 AVAILABILITY OF LARGE OUTSOURCING ECOSYSTEM FOR CONNECTIVITY SERVICES TO DRIVE DEMAND FOR AUTOMOTIVE ENGINEERING SERVICES
TABLE 83 AUTOMOTIVE OUTSOURCING BY VERTICALS: CONNECTIVITY SERVICES
TABLE 84 CONNECTIVITY SERVICES: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 85 CONNECTIVITY SERVICES: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2022–2028 (USD MILLION)
TABLE 86 CONNECTIVITY SERVICES: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 87 CONNECTIVITY SERVICES: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2028 (USD MILLION)
8.6 INTERIOR, EXTERIOR, AND BODY ENGINEERING
8.6.1 NEED FOR INCREASED COMFORT AND ADDITION OF INNOVATIVE FEATURES TO FUEL DEMAND FOR INTERIOR, EXTERIOR, AND BODY ENGINEERING SERVICES
TABLE 88 AUTOMOTIVE OUTSOURCING BY VERTICALS: INTERIOR, EXTERIOR, AND BODY ENGINEERING
TABLE 89 INTERIOR, EXTERIOR, AND BODY ENGINEERING: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 90 INTERIOR, EXTERIOR, AND BODY ENGINEERING: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2022–2028 (USD MILLION)
TABLE 91 INTERIOR, EXTERIOR, AND BODY ENGINEERING: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 92 INTERIOR, EXTERIOR, AND BODY ENGINEERING: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2028 (USD MILLION)
8.7 POWERTRAIN AND EXHAUST
8.7.1 DEVELOPMENT OF ADVANCED POWERTRAIN DESIGNS DUE TO CHANGING EMISSION NORMS TO INCREASE DEMAND
TABLE 93 AUTOMOTIVE OUTSOURCING BY VERTICALS: POWERTRAIN AND EXHAUST
TABLE 94 POWERTRAIN AND EXHAUST: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 95 POWERTRAIN AND EXHAUST: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2022–2028 (USD MILLION)
TABLE 96 POWERTRAIN AND EXHAUST: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 97 POWERTRAIN AND EXHAUST: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2028 (USD MILLION)
8.8 SIMULATION
8.8.1 USE OF NEW TECHNOLOGIES SUCH AS METAVERSE IN AUTOMOTIVE SIMULATION TO CREATE NEW MARKET GROWTH OPPORTUNITIES
TABLE 98 SIMULATION: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 99 SIMULATION: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2022–2028 (USD MILLION)
TABLE 100 SIMULATION: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 101 SIMULATION: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2028 (USD MILLION)
8.9 BATTERY DEVELOPMENT AND MANAGEMENT
8.9.1 ADVANCEMENTS IN BATTERY SYSTEMS DUE TO DEMAND FOR EV BATTERY SAFETY TO DRIVE SEGMENT
TABLE 102 BATTERY DEVELOPMENT AND MANAGEMENT: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 103 BATTERY DEVELOPMENT AND MANAGEMENT: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
8.10 CHARGER TESTING
8.10.1 NEED TO PROTECT CHARGERS AND BATTERIES FROM DAMAGE DUE TO EXCESS HEAT TO DRIVE SEGMENT
TABLE 104 EV CHARGER TESTING STANDARDS AND REGULATIONS
TABLE 105 CHARGER TESTING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 106 CHARGER TESTING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
8.11 MOTOR CONTROLS
8.11.1 BETTER FUNCTIONALITY OF MOTORS IN EVS TO BOOST MARKET GROWTH
TABLE 107 MOTOR CONTROLS: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 108 MOTOR CONTROLS: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
8.12 OTHERS
8.12.1 NEED FOR INCREASED FUNCTIONALITIES IN AUTOMOTIVES TO DRIVE DEMAND FOR ENGINEERING SERVICES
TABLE 109 OTHERS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 110 OTHERS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ICE VEHICLES, BY REGION, 2022–2028 (USD MILLION)
TABLE 111 OTHERS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (USD MILLION)
TABLE 112 OTHERS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2028 (USD MILLION)
8.13 KEY INDUSTRY INSIGHTS
9 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY VEHICLE TYPE
9.1 INTRODUCTION
FIGURE 52 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY VEHICLE TYPE, 2022?2028
TABLE 113 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
TABLE 114 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY VEHICLE TYPE, 2022–2028 (USD MILLION)
9.1.1 OPERATIONAL DATA
TABLE 115 GLOBAL PASSENGER CARS AND COMMERCIAL VEHICLES PRODUCTION DATA, 2021 (UNITS)
9.1.2 ASSUMPTIONS
9.1.3 RESEARCH METHODOLOGY
9.2 PASSENGER CARS
9.2.1 USE OF BEST-IN-CLASS SERVICES IN PASSENGER CARS TO INCREASE DEMAND
TABLE 116 PASSENGER CARS: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 117 PASSENGER CARS: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
9.3 COMMERCIAL VEHICLES
9.3.1 INTRODUCTION OF CONNECTIVITY SERVICES TO INCREASE DEMAND FOR ENGINEERING SERVICES FOR COMMERCIAL VEHICLES
TABLE 118 COMMERCIAL VEHICLES: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 119 COMMERCIAL VEHICLES: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
9.4 KEY INDUSTRY INSIGHTS
10 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY NATURE TYPE
10.1 INTRODUCTION
FIGURE 53 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY NATURE TYPE, 2022–2028
TABLE 120 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY NATURE TYPE, 2018–2021 (USD MILLION)
TABLE 121 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY NATURE TYPE, 2022–2028 (USD MILLION)
10.1.1 OPERATIONAL DATA
TABLE 122 GLOBAL AES PROVIDERS, BY NATURE TYPE
10.1.2 ASSUMPTIONS
10.1.3 RESEARCH METHODOLOGY
10.2 BODY LEASING
10.2.1 REQUIREMENT FOR OUTSOURCING SPECIFIC PROJECTS BY OEMS TO INCREASE DEMAND FOR BODY LEASING
TABLE 123 BODY LEASING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 124 BODY LEASING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
10.3 TURNKEY
10.3.1 NEED FOR COMPLETE OUTSOURCING OF AES SERVICES TO INCREASE TURNKEY SERVICES DEMAND
TABLE 125 TURNKEY: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 126 TURNKEY: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
10.4 KEY INDUSTRY INSIGHTS
11 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY PROPULSION
11.1 INTRODUCTION
FIGURE 54 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY PROPULSION, 2022–2028
TABLE 127 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY PROPULSION, 2018–2021 (USD MILLION)
TABLE 128 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY PROPULSION, 2022–2028 (USD MILLION)
11.1.1 ASSUMPTIONS
11.1.2 RESEARCH METHODOLOGY
11.2 INTERNAL COMBUSTION ENGINE
11.2.1 GROWING DEMAND FOR INNOVATIVE AUTOMOTIVE SOLUTIONS SUCH AS CONNECTIVITY AND ADAS TO INCREASE AES DEMAND
TABLE 129 INTERNAL COMBUSTION ENGINE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY PROPULSION, 2018–2021 (USD MILLION)
TABLE 130 INTERNAL COMBUSTION ENGINE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY PROPULSION, 2022–2028 (USD MILLION)
11.3 ELECTRIC
11.3.1 GROWING EV DEMAND DUE TO INCENTIVES AND OEM SUPPORT TO INCREASE ER&D SPENDING IN COMING YEARS
TABLE 131 ELECTRIC: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY PROPULSION, 2018–2021 (USD MILLION)
TABLE 132 ELECTRIC: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY PROPULSION, 2022–2028 (USD MILLION)
11.4 KEY INDUSTRY INSIGHTS
12 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION
12.1 INTRODUCTION
FIGURE 55 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028
TABLE 133 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 134 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2022–2028 (USD MILLION)
12.2 ASIA PACIFIC
FIGURE 56 ASIA PACIFIC: AUTOMOTIVE ENGINEERING SERVICES MARKET SNAPSHOT, 2022–2028
TABLE 135 ASIA PACIFIC: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 136 ASIA PACIFIC: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2022–2028 (USD MILLION)
12.2.1 CHINA
12.2.1.1 Setting up of new R&D facilities by top OEMs and AES providers to drive market
TABLE 137 CHINA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 138 CHINA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.2.2 INDIA
12.2.2.1 Presence of strong AES ecosystem to boost market
TABLE 139 INDIA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 140 INDIA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.2.3 JAPAN
12.2.3.1 Growing outsourcing services by major OEMs to automotive service providers to drive market
TABLE 141 JAPAN: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 142 JAPAN: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.2.4 SOUTH KOREA
12.2.4.1 OEM push for vehicle electrification to increase demand for automotive engineering services
TABLE 143 SOUTH KOREA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 144 SOUTH KOREA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.2.5 REST OF ASIA PACIFIC
TABLE 145 REST OF ASIA PACIFIC: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 146 REST OF ASIA PACIFIC: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.3 EUROPE
FIGURE 57 EUROPE: AUTOMOTIVE ENGINEERING SERVICES MARKET GROWTH, 2022–2028
TABLE 147 EUROPE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 148 EUROPE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2022–2028 (USD MILLION)
12.3.1 FRANCE
12.3.1.1 Rapid shift to EVs and regulations for automotive safety systems to increase AES demand
TABLE 149 FRANCE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 150 FRANCE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.3.2 GERMANY
12.3.2.1 Large ER&D and outsourcing budgets of top German automakers and component manufacturers to increase AES demand
TABLE 151 GERMANY: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 152 GERMANY: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.3.3 ITALY
12.3.3.1 Rapid electrification and demand for advanced features in vehicles to drive market
TABLE 153 ITALY: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 154 ITALY: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.3.4 RUSSIA
12.3.4.1 Divestments due to Russia-Ukraine war to impact market growth
TABLE 155 RUSSIA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 156 RUSSIA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.3.5 SPAIN
12.3.5.1 EV shift and demand for advanced features in commercial vehicles to drive market
TABLE 157 SPAIN: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 158 SPAIN: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.3.6 UK
12.3.6.1 Rapid electrification plans and high demand for luxury automobiles to drive market
TABLE 159 UK: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 160 UK: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.3.7 REST OF EUROPE
TABLE 161 REST OF EUROPE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 162 REST OF EUROPE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.4 NORTH AMERICA
FIGURE 58 NORTH AMERICA: AUTOMOTIVE ENGINEERING SERVICES MARKET, 2022–2028
TABLE 163 NORTH AMERICA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 164 NORTH AMERICA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2022–2028 (USD MILLION)
12.4.1 CANADA
12.4.1.1 Establishment of new R&D facilities by global automotive service providers to drive market
TABLE 165 CANADA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 166 CANADA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.4.2 MEXICO
12.4.2.1 Entry of global players to drive automotive engineering services industry growth
TABLE 167 MEXICO: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 168 MEXICO: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.4.3 US
12.4.3.1 Collaborations and partnerships between AES providers and automotive OEMs to drive market
TABLE 169 US: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 170 US: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.5 REST OF THE WORLD (ROW)
FIGURE 59 REST OF THE WORLD: AUTOMOTIVE ENGINEERING SERVICES MARKET, 2022–2028
TABLE 171 REST OF THE WORLD: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 172 REST OF THE WORLD: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2022–2028 (USD MILLION)
12.5.1 BRAZIL
12.5.1.1 Expansion of R&D operations by major AES providers to impact market positively
TABLE 173 BRAZIL: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 174 BRAZIL: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.5.2 IRAN
12.5.2.1 Developments in automotive technology to drive market
TABLE 175 IRAN: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 176 IRAN: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
12.5.3 OTHERS
TABLE 177 OTHERS: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 178 OTHERS: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2022–2028 (USD MILLION)
13 COMPETITIVE LANDSCAPE
13.1 OVERVIEW
13.2 MARKET SHARE ANALYSIS
TABLE 179 MARKET SHARE ANALYSIS, 2021
FIGURE 60 MARKET SHARE ANALYSIS FOR AUTOMOTIVE ENGINEERING SERVICES MARKET, 2021
13.3 MARKET EVALUATION FRAMEWORK: REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS
FIGURE 61 TOP PUBLIC/LISTED PLAYERS DOMINATING AUTOMOTIVE ENGINEERING SERVICES MARKET
13.4 COMPETITIVE SCENARIO
13.4.1 DEALS
TABLE 180 DEALS, 2019–2022
13.4.2 NEW PRODUCT DEVELOPMENTS
TABLE 181 NEW PRODUCT DEVELOPMENTS, 2019–2022
13.4.3 OTHERS
TABLE 182 EXPANSIONS, 2019–2022
13.5 COMPETITIVE LEADERSHIP MAPPING FOR AUTOMOTIVE ENGINEERING SERVICES MARKET
13.5.1 STARS
13.5.2 EMERGING LEADERS
13.5.3 PERVASIVE PLAYERS
13.5.4 PARTICIPANTS
FIGURE 62 AUTOMOTIVE ENGINEERING SERVICES MARKET: COMPETITIVE LEADERSHIP MAPPING FOR TOP PLAYERS, 2021
13.5.5 COMPANY EVALUATION QUADRANT: FOOTPRINT OF MARKET PLAYERS, 2021
TABLE 183 COMPANY FOOTPRINT
13.5.6 AUTOMOTIVE ENGINEERING SERVICES MARKET: APPLICATION FOOTPRINT OF MARKET PLAYERS, 2021
TABLE 184 COMPANY APPLICATION FOOTPRINT
13.5.7 AUTOMOTIVE ENGINEERING SERVICES MARKET: REGIONAL FOOTPRINT OF MARKET PLAYERS, 2021
TABLE 185 COMPANY REGIONAL FOOTPRINT
13.6 COMPETITIVE EVALUATION QUADRANT: SMES AND OTHER KEY PLAYERS
13.6.1 PROGRESSIVE COMPANIES
13.6.2 RESPONSIVE COMPANIES
13.6.3 DYNAMIC COMPANIES
13.6.4 STARTING BLOCKS
FIGURE 63 AUTOMOTIVE ENGINEERING SERVICES MARKET: COMPETITIVE LEADERSHIP MAPPING FOR SMES AND OTHER KEY PLAYERS, 2021
14 COMPANY PROFILES
(Business overview, Products offered, Recent developments & MnM View)*
14.1 KEY PLAYERS
14.1.1 CAPGEMINI
TABLE 186 CAPGEMINI: BUSINESS OVERVIEW
FIGURE 64 CAPGEMINI: COMPANY SNAPSHOT
TABLE 187 CAPGEMINI: TOP CLIENTS ACROSS INDUSTRIES
TABLE 188 CAPGEMINI: PRODUCTS/SERVICES OFFERED
TABLE 189 CAPGEMINI: NEW PRODUCT DEVELOPMENTS
TABLE 190 CAPGEMINI: DEALS
TABLE 191 CAPGEMINI: OTHERS
14.1.2 AKKA TECHNOLOGIES
TABLE 192 AKKA TECHNOLOGIES: BUSINESS OVERVIEW
FIGURE 65 AKKA TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 193 AKKA TECHNOLOGIES: AUTOMOTIVE OUTSOURCING, BY VERTICAL
TABLE 194 AKKA TECHNOLOGIES: PRODUCTS/SERVICES OFFERED
TABLE 195 AKKA TECHNOLOGIES: NEW PRODUCT DEVELOPMENTS
TABLE 196 AKKA TECHNOLOGIES: DEALS
14.1.3 TECH MAHINDRA
TABLE 197 TECH MAHINDRA: BUSINESS OVERVIEW
FIGURE 66 TECH MAHINDRA: COMPANY SNAPSHOT
FIGURE 67 TECH MAHINDRA: NXT.NOW STRATEGY
TABLE 198 TECH MAHINDRA: PRODUCTS/SERVICES OFFERED
TABLE 199 TECH MAHINDRA: NEW PRODUCT DEVELOPMENTS
TABLE 200 TECH MAHINDRA: DEALS
TABLE 201 TECH MAHINDRA: OTHERS
14.1.4 IAV AUTOMOTIVE ENGINEERING
TABLE 202 IAV AUTOMOTIVE ENGINEERING: BUSINESS OVERVIEW
FIGURE 68 IAV AUTOMOTIVE ENGINEERING: SERVICES PORTFOLIO
TABLE 203 IAV AUTOMOTIVE ENGINEERING: PRODUCTS/SERVICES OFFERED
TABLE 204 IAV AUTOMOTIVE ENGINEERING: NEW PRODUCT DEVELOPMENTS
TABLE 205 IAV AUTOMOTIVE ENGINEERING: DEALS
TABLE 206 IAV AUTOMOTIVE ENGINEERING: OTHERS
14.1.5 HCL TECHNOLOGIES
TABLE 207 HCL TECHNOLOGIES: BUSINESS OVERVIEW
FIGURE 69 HCL TECHNOLOGIES: COMPANY SNAPSHOT
FIGURE 70 HCL TECHNOLOGIES: COMPANY AES SOLUTIONS OVERVIEW
TABLE 208 HCL TECHNOLOGIES: PRODUCTS/SERVICES OFFERED
TABLE 209 HCL TECHNOLOGIES: DEALS
TABLE 210 HCL TECHNOLOGIES: OTHERS
14.1.6 HARMAN INTERNATIONAL
TABLE 211 HARMAN INTERNATIONAL: BUSINESS OVERVIEW
TABLE 212 HARMAN INTERNATIONAL: PRODUCTS/SERVICES OFFERED
TABLE 213 HARMAN INTERNATIONAL: NEW PRODUCT DEVELOPMENTS
TABLE 214 HARMAN INTERNATIONAL: DEALS
TABLE 215 HARMAN INTERNATIONAL: OTHERS
14.1.7 RICARDO
TABLE 216 RICARDO: BUSINESS OVERVIEW
FIGURE 71 RICARDO: COMPANY SNAPSHOT
TABLE 217 RICARDO: PRODUCTS/SERVICES OFFERED
TABLE 218 RICARDO: NEW PRODUCT DEVELOPMENTS
TABLE 219 RICARDO: DEALS
TABLE 220 RICARDO: OTHERS
14.1.8 AVL
TABLE 221 AVL: BUSINESS OVERVIEW
TABLE 222 AVL: PRODUCTS/SERVICES OFFERED
TABLE 223 AVL: NEW PRODUCT DEVELOPMENTS
TABLE 224 AVL: DEALS
TABLE 225 AVL: OTHERS
14.1.9 BERTRANDT AG
TABLE 226 BERTRANDT AG: BUSINESS OVERVIEW
FIGURE 72 BERTRANDT AG: COMPANY SNAPSHOT
TABLE 227 BERTRANDT AG: AUTOMOTIVE OUTSOURCING, BY VERTICAL
TABLE 228 BERTRANDT AG: PRODUCTS/SERVICES OFFERED
TABLE 229 BERTRANDT AG: NEW PRODUCT DEVELOPMENTS
TABLE 230 BERTRANDT AG: DEALS
TABLE 231 BERTRANDT AG: OTHERS
14.1.10 ALTEN GROUP
TABLE 232 ALTEN GROUP: BUSINESS OVERVIEW
FIGURE 73 ALTEN GROUP: COMPANY SNAPSHOT
TABLE 233 ALTEN GROUP: AUTOMOTIVE OUTSOURCING, BY VERTICAL
TABLE 234 ALTEN GROUP: RECENT AUTOMOTIVE PROJECTS UNDERTAKEN
TABLE 235 ALTEN GROUP: PRODUCTS/SERVICES OFFERED
TABLE 236 ALTEN GROUP: DEALS
14.1.11 L&T TECHNOLOGY SERVICES
TABLE 237 L&T TECHNOLOGY SERVICES: BUSINESS OVERVIEW
FIGURE 74 L&T TECHNOLOGY SERVICES: COMPANY SNAPSHOT
FIGURE 75 L&T TECHNOLOGY SERVICES: GROUP STRUCTURE
TABLE 238 L&T TECHNOLOGY SERVICES: AUTOMOTIVE OUTSOURCING, BY VERTICAL
TABLE 239 L&T TECHNOLOGY SERVICES: PRODUCTS/SERVICES OFFERED
TABLE 240 L&T TECHNOLOGY SERVICES: DEALS
TABLE 241 L&T TECHNOLOGY SERVICES: OTHERS
14.1.12 FEV
TABLE 242 FEV: BUSINESS OVERVIEW
TABLE 243 FEV: PRODUCTS/SERVICES OFFERED
TABLE 244 FEV: NEW PRODUCT DEVELOPMENTS
TABLE 245 FEV: DEALS
TABLE 246 FEV: OTHERS
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
14.2 OTHER PLAYERS
14.2.1 IMAGINATIVE AUTOMOTIVE ENGINEERING SERVICES
14.2.2 ONWARD TECHNOLOGIES
14.2.3 AUTOMOTIVE ENGINEERING SERVICES (AES)
14.2.4 KISTLER
14.2.5 CONTINENTAL ENGINEERING SERVICES
14.2.6 EDAG
14.2.7 ESI GROUP
14.2.8 SEMCON
14.2.9 SEGULA TECHNOLOGIES
14.2.10 GLOBALLOGIC
14.2.11 EPAM SYSTEMS
14.2.12 BELCAN
14.2.13 T-NET JAPAN
14.2.14 DESIGNTECH SYSTEMS
14.2.15 HORIBA
14.2.16 INTERTEK
14.2.17 ALTAIR ENGINEERING
14.2.18 ARRK PRODUCT DEVELOPMENT GROUP
15 RECOMMENDATIONS BY MARKETSANDMARKETS
15.1 INCREASED DEMAND FOR ELECTRIFICATION, CONNECTIVITY SOLUTIONS, AND ADVANCED SAFETY FEATURES IN VEHICLES
15.2 ASIA PACIFIC TO LEAD AUTOMOTIVE ENGINEERING SERVICES MARKET DURING FORECAST PERIOD
15.3 CONCLUSION
16 APPENDIX
16.1 KEY INSIGHTS FROM INDUSTRY EXPERTS
16.2 DISCUSSION GUIDE
16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.4 CUSTOMIZATION OPTIONS
16.5 RELATED REPORTS
16.6 AUTHOR DETAILS
