Automotive Engineering Services Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
TBRC’s market report includes a chapter on the COVID-19 impact on the automotive engineering services industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected automotive engineering services market growth numbers from 2022-2031.
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The global automotive engineering services market size is expected to grow from $199.00 billion in 2021 to $220.90 billion in 2022 at a compound annual growth rate (CAGR) of 10.96%. The growth in the market is mainly due to the companies’ resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global automotive engineering service market share is expected to reach $336.00 billion in 2026 at a CAGR of 11.06%.
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The Automotive Engineering Services Global Market Report 2022-31 by The Business Research Company evaluates automotive engineering services market size, growth rate, drivers, automotive engineering services industry trends, and major companies.
The automotive engineering services market segments in the report are:
1) By Vehicle Type: Passenger Cars, Commercial Vehicles
2) By Service Type: Concept/Research, Designing, Prototyping, System Integration, Testing
3) By Location Type: On-Shore, Off-Shore
4) By Application: Electrical, Electronics and Body Controls, ADAS and Safety, Chassis, Connectivity Services, Powertrain and Exhaust, Interior, Exterior, and Body Engineering, Simulation
The table of contents in TBRC’s automotive engineering services market report includes:
- Executive Summary
- Automotive Engineering Services Market Characteristics
- Automotive Engineering Services Market Trends And Strategies
- Impact Of COVID-19 On Automotive Engineering Services
- Automotive Engineering Services Market Size And Growth.
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- Middle East Automotive Engineering Services Market
- Africa Automotive Engineering Services Market
- Automotive Engineering Services Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Automotive Engineering Services Market
- Automotive Engineering Services Market Future Outlook and Potential Analysis
- Appendix
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