Aerospace and Defence Automotive Engineering Services Market

The global automotive engineering services market is projected to grow at a significant rate from 2019 to 2027. Factors such as advent of autonomous vehicles, introduction of 5G network in the automotive industry, OEM and government focus on electric vehicles, use of advanced technology, concerns of vehicle and passenger safety, and vehicle light weighting are driving the global market.Connectivity services segment is expected to be the fastest growing market during the forecast period. The expansion of autonomous vehicle testing, advancements in artificial intelligence and introduction of 5G connectivity have increased the demand for connected services in automotive engineering services that`s why the market of connectivity services expected to grow fast. Connectivity services help in controlling vehicle activities such as smart infotainment, vehicle diagnostics, parking assistance features, diagnostics, and others. OEMs are offering connectivity services in their vehicles.

The in-house engineering services are expected to be the largest market. Major OEMs keep complicated automotive engineering services such as engine design, power train design, and transmission systems for in-house development. These designs and optimizations vary from one OEM to another and, thus, require different techniques and specialization that can be done in-house for better results.

Europe is expected to lead the market during the forecast period. Due to the increasing consumer demand for refined and low emission vehicles has compelled OEMs in Europe to redesign the power train and exhaust systems. Also, the goal of reducing 80% CO2 emission by 2050 has boosted the overall demand for EVs in the region. OEMs plan to launch electric variants of the existing gasoline models in the coming years.

Key Market Players include FEV (Germany), IAV Automotive Engineering (Germany), Ricardo (UK), AVL (Austria), Alten (France), Bertrandt AG (Germany), Altran (France), L&T Technology Services (India), and many others.

Key Questions:

  • How will connectivity services impact the growth of automotive engineering services?
  • How will autonomous vehicles and EVs transform the outlook of the automotive industry?
  • What is the impact of introduction of 5G on the market?
  • What are the upcoming trends in automotive engineering services? What impact would they make post 2022?
  • What are the key strategies adopted by the top players to increase their revenue?

  1. Introduction
  2. Market Definition
  3. Study Scope
  4. Study Period
  5. Market Stakeholders
  6. Research Methodology
  7. Secondary Research
  8. Primary Research
  9. Research Design
  10. Data Validation
  11. Limitations and Assumptions
  12. Executive Summary
  13. Market Dynamics
  14. Drivers
  15. Increasing Demand for Advanced Connectivity Solutions
  16. Adoption of EVs and Shared Mobility for Greener Environment
  17. Opportunities
  18. Standardization of Safety Features
  19. Rise of Autonomous Vehicles
  20. Demand for Outsourcing
  21. Challenges
  22. Intense Competition
  23. Risk of High Investment
  24. Automotive Engineering Services Market, By Service Type
  25. Concept/Research
  26. Designing
  27. Prototyping
  28. System Integration
  29. Testing
  30. Automotive Engineering Services Market, By Application
  31. ADAS and Safety Systems
  32. Vehicle Electronics, Electrification, and Body Controls
  33. Chassis Systems
  34. Vehicle Connectivity Services
  35. Interior & Exterior Design and Body Engineering Services
  36. Design & Integration of Powertrain and Exhaust Systems
  37. Simulation Services
  38. Others
  39. Automotive Engineering Services Market, By Location
  40. In-House
  41. Outsource
  42. Automotive Engineering Services Market, By Vehicle Type
  43. Passenger Car
  44. Commercial Vehicle
  45. Automotive Engineering Services Market, By Region
  46. Asia Pacific
  47. China
  48. India
  49. Japan
  50. South Korea
  51. Others
  52. Europe
  53. France
  54. Germany
  55. Italy
  56. Russia
  57. Spain
  58. UK
  59. Others
  60. North America
  61. Canada
  62. Mexico
  63. US
  64. Rest of the World (RoW)
  65. Brazil
  66. Iran
  67. Others
  68. Company Profiles
  69. Harman
  70. Capgemini
  71. AVL
  72. Bertrandt AG
  73. Alten Cresttek
  74. L&T Technology Services
  75. FEV
  76. Akka Technologies
  77. HCL Technologies
  78. IAV Automotive Engineering
  79. Ricardo
  80. Tech Mahindra

*Company introduction, financial information, recent developments, SWOT analysis

  1. Appendix
  2. About
  3. Related Reports
  4. Glossary

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