Report Description Table Of Content Research Methodology Download Free Sample

Market Snapshot

CAGR:9.6

2023

2032

Source: Market Expertz

Study Period	2019-2032
Base Year	2023
Forcast Year	2023-2032
CAGR	9.6

Gain accurate insights regarding the negative impacts of COVID-19 on all markets and industries

Download Sample Pdf

Report Overview

Automotive Engineering Services Outsourcing Market Analysis Report 2023-2032

The Automotive Engineering Services Outsourcing Market is projected to witness a Compound Annual Growth Rate (CAGR) of 7.85% between 2022 and 2032. Over this period, the market size is expected to experience substantial growth, reaching a valuation of USD 62.4 billion. This growth is attributed to several factors, including increasing automotive industry complexity, the demand for innovative technologies, cost-efficiency considerations, and the pursuit of engineering expertise. The market primarily encompasses outsourcing services related to automotive engineering, design, and development.

Automotive Engineering Services Outsourcing Market Overview

Drivers

One of the primary drivers of the Automotive Engineering Services Outsourcing Market is the growing complexity of automotive technology. Modern vehicles are equipped with advanced features such as electric powertrains, autonomous driving capabilities, and connectivity solutions. Automakers often seek specialized engineering expertise to develop these technologies, driving the demand for outsourcing services.

Additionally, cost-efficiency is a key factor propelling market growth. Outsourcing engineering services allows automotive companies to access global talent pools, reduce overhead costs, and allocate resources more effectively.

Trends

A significant trend in the Automotive Engineering Services Outsourcing Market is the focus on sustainable and eco-friendly technologies. Automakers are increasingly outsourcing engineering tasks related to electric vehicles (EVs) and hybrid powertrains, aiming to meet environmental regulations and consumer demand for cleaner transportation.

Furthermore, the adoption of advanced simulation and modeling tools is on the rise. These tools enable virtual testing and validation of automotive designs, leading to faster product development and cost savings.

Restraints

One of the challenges faced by the Automotive Engineering Services Outsourcing Market is data security and intellectual property concerns. As companies outsource critical engineering tasks, safeguarding sensitive information and proprietary designs becomes paramount. Maintaining data integrity while outsourcing is a complex issue.

Additionally, cultural and language differences in global outsourcing can pose communication challenges, potentially impacting project timelines and quality.

Automotive Engineering Services Outsourcing Market Segmentation By Service Type

The market can be segmented based on the types of engineering services outsourced, including design and prototyping, embedded software and electronics, mechanical engineering, and others. Different aspects of vehicle development may require specialized engineering expertise.

Automotive Engineering Services Outsourcing Market Segmentation By Vehicle Type

Another segmentation factor is vehicle type, such as passenger cars, commercial vehicles, and electric vehicles. Each category may demand unique engineering services and solutions.

Regional Overview:

Download the report summary now!

Request pdf Sample

North America, Europe, and Asia-Pacific (APAC) are expected to be the primary regions driving global Automotive Engineering Services Outsourcing Market growth. These regions have established automotive industries with a strong emphasis on innovation and technology. Outsourcing engineering services can help companies in these regions remain competitive in the global automotive market.

The market may experience disruptions due to economic factors, trade policies, and the impact of global events like the COVID-19 pandemic. However, the long-term trend toward automotive innovation is expected to sustain growth.

Automotive Engineering Services Outsourcing Market Customer Landscape

The Automotive Engineering Services Outsourcing Market report provides insights into the adoption patterns of the market, ranging from early adopters to laggards. It examines adoption rates across different regions based on penetration levels. Additionally, the report delves into key criteria influencing purchase decisions and factors affecting price sensitivity. These insights assist companies in formulating effective strategies for market entry and growth.

Major Automotive Engineering Services Outsourcing Market Companies

Prominent players in the Automotive Engineering Services Outsourcing Market are implementing various strategies to enhance their market presence. These strategies include investments in research and development (R&D), partnerships and collaborations with other industry players, geographic expansion, and the development of innovative engineering solutions.

Sample list of major companies in the market:

Tata Consultancy Services (TCS)
HCL Technologies Limited
Alten
Bertrandt AG
AVL List GmbH

Qualitative and quantitative analyses of these companies offer valuable insights into the competitive landscape. This analysis enables stakeholders to comprehend market dynamics and assess the strengths and weaknesses of key players. The categorization of companies based on their market focus and influence provides a comprehensive view of the competitive environment.

Segment Overview

The Automotive Engineering Services Outsourcing Market report provides revenue forecasts on a global, regional, and country level. It also includes an analysis of emerging trends and growth opportunities spanning from 2019 to 2032.

Service Type Outlook (USD Billion, 2019 - 2032)

Design and Prototyping
Embedded Software and Electronics
Mechanical Engineering
Others

Vehicle Type Outlook (USD Billion, 2019 - 2032)

Passenger Cars
Commercial Vehicles
Electric Vehicles (EVs)

Geography Outlook (USD Billion, 2019 - 2032)

North America

United States
Canada

Europe

United Kingdom
Germany
France
Rest of Europe

APAC

China
Japan
India
Rest of APAC

Latin America

Brazil
Mexico
Rest of Latin America

Middle East & Africa

United Arab Emirates
South Africa
Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL Automotive Engineering Services Outsourcing MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. Automotive Engineering Services Outsourcing MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Automotive Engineering Services Outsourcing Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.5.1. Power Of Suppliers

4.5.2. Power Of Buyers

4.5.3. Threat Of Substitutes

4.5.4. Threat Of New Entrants

4.5.5. Competitive Rivalry

Chapter 5. Automotive Engineering Services Outsourcing MARKET BY Location type landscape

SIGHTS & TRENDS

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 On-shore

5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3 Off-shore

5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. Automotive Engineering Services Outsourcing MARKET BY vehicle type INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2 Passenger Vehicles

6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3 Commercial Vehicles

6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. Automotive Engineering Services Outsourcing MARKET REGIONAL OUTLOOK

7.1. Automotive Engineering Services Outsourcing Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

7.2.1. North America Automotive Engineering Services Outsourcing Market Estimates And Forecast, 2016 – 2027 (USD Million)

7.2.2. North America Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.3. North America Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.4. North America Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

7.2.5.1. U.S. Automotive Engineering Services Outsourcing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.5.2. U.S. Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.5.3. U.S. Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.5.4. U.S. Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

7.2.6.1. Canada Automotive Engineering Services Outsourcing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.2.6.2. Canada Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.2.6.3. Canada Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.2.6.4. Canada Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

7.3.1. Europe Automotive Engineering Services Outsourcing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.2. Europe Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.3. Europe Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.4. Europe Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

7.3.5.1. Germany Automotive Engineering Services Outsourcing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.5.2. Germany Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.5.3. Germany Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.5.4. Germany Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

7.3.6.1. France Automotive Engineering Services Outsourcing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.6.2. France Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.6.3. France Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.6.4. France Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

7.3.7.1. U.K. Automotive Engineering Services Outsourcing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.3.7.2. U.K. Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.3.7.3. U.K. Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.3.7.4. U.K. Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

7.4.1. Asia Pacific Automotive Engineering Services Outsourcing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.2. Asia Pacific Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.3. Asia Pacific Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.4. Asia Pacific Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.5. CHINA

7.4.5.1. China Automotive Engineering Services Outsourcing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.5.2. China Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.5.3. China Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.5.4. China Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

7.4.6.1. India Automotive Engineering Services Outsourcing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.6.2. India Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.6.3. India Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.6.4. India Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

7.4.7.1. Japan Automotive Engineering Services Outsourcing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.7.2. Japan Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.7.3. Japan Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.7.4. Japan Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

7.4.8.1. Australia Automotive Engineering Services Outsourcing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.4.8.2. Australia Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.4.8.3. Australia Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.4.8.4. Australia Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

7.5.1. Mea Automotive Engineering Services Outsourcing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.5.2. Mea Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.5.3. Mea Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.5.4. Mea Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

7.6.1. Latin America Automotive Engineering Services Outsourcing Market Estimates And Forecast, 2016 – 2027, (USD Million)

7.6.2. Latin America Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

7.6.3. Latin America Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

7.6.4. Latin America Automotive Engineering Services Outsourcing Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

7.6.5. Latin America Automotive Engineering Services Outsourcing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

8.2.1. New Product Launches

8.2.2. Investment & Expansion

8.2.3. Acquisitions

8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

8.3.1. North American Suppliers

8.3.2. European Suppliers

8.3.3. Asia-Pacific Suppliers

8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 AVL

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. Product Insights

9.1.4. Strategic Initiatives

9.2 Bertrandt AG

9.2.1. Company Overview

9.2.2. Financial Performance

9.2.3. Product Insights

9.2.4. Strategic Initiatives

9.3 EDAG Engineering GmbH

9.3.1. Company Overview

9.3.2. Financial Performance

9.3.3. Product Insights

9.3.4. Strategic Initiatives

9.4 IAV GmbH

9.4.1. Company Overview

9.4.2. Financial Performance

9.4.3. Product Insights

9.4.4. Strategic Initiatives

9.5 Altran

9.5.1. Company Overview

9.5.2. Financial Performance

9.5.3. Product Insights

9.5.4. Strategic Initiatives

9.6 Company 6

9.6.1. Company Overview

9.6.2. Financial Performance

9.6.3. Product Insights

9.6.4. Strategic Initiatives

9.7 Company 7

9.7.1. Company Overview

9.7.2. Financial Performance

9.7.3. Product Insights

9.7.4. Strategic Initiatives

9.8 Company 8

9.8.1. Company Overview

9.8.2. Financial Performance

9.8.3. Product Insights

9.8.4. Strategic Initiatives

9.9 Company 9

9.9.1. Company Overview

9.9.2. Financial Performance

9.9.3. Product Insights

9.9.4. Strategic Initiatives

9.10 Company 10

9.10.1. Company Overview

9.10.2. Financial Performance

9.10.3. Product Insights

9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

You can also purchase parts of this report. Do you want to check out a section wise price list?

Request for Special Pricing

Personalized Business Report Tailored to Your Requirements

Our expert analysts collaborate directly with you to comprehend your specific needs.
Get data on regions, segments, competitors, and vendors of your choice.
Information is presented in alignment with your exact preferences and formatting.

Request for customization

Ask For Discount

Free Sample Report

"Find new revenue generation opportunities"

Automotive Engineering Services Outsourcing Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032