Automotive Engineering Services Market Growth, Trends, Size, Share, Industry 2029

Automotive Engineering Services Market size was valued at US$ 166.94 Bn. in 2022 and the total revenue is expected to grow at 8.9 % of CAGR through 2023 to 2029, reaching nearly US$ 303.22 Bn.

Automotive Engineering Services Market Overview

The new report by Maximize Market Research on the Automotive Engineering Services Market 2022-2029 offers valuable insights into the market’s competitors. The research provides a comprehensive and fundamental analysis of the market, including an exploration of subjective factors that can provide readers with essential business insights. It offers a market overview that encompasses the value chain structure, geographical analysis, applications, market size, and forecast (2021-2029). The research serves as a reliable tool for a more precise assessment of the present and future conditions of the global Automotive Engineering Services market.

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Automotive Engineering Services Market Scope

The report places emphasis on key factors driving and restraining major companies, while also highlighting current competitive benchmarking and development prospects. It presents the latest trends in the Automotive Engineering Services market and offers insights into future demand, supply chains, sales, and recent market changes.

The Automotive Engineering Services market research report includes company profiles, product specifications, production capacity/sales, revenue, price, gross margin, and sales by product. In terms of competitive analysis, the report features profiles of key market players, encompassing company overview, financial performance, product portfolio, and strategies. The research incorporates a combination of quantitative and qualitative research methods, utilizing SWOT and PESTLE analysis.

Automotive Engineering Services Market Segmentation

by Service Type

1. Connectivity
2. Designing
3.Prototyping
4. System Integration
5.Testing

by location

1. In-house
2.Out-source

by Application

1. ADAS and Safety
2. Electrical, Electronics, and Body Controls
3. Chassis
4. Connectivity Services
5. Interior, Exterior, and Body Engineering
6. Powertrain and Exhaust
7. Simulation
8. Battery Development & Management
9. Charger Testing
10 Motor Control
11. Others

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Key Players

1.Altair Engineering Inc. (US)
2. Pilot Systems International (US)
3. HARMAN International (US)
4. EPAM Systems (US)
5. GlobalLogic (US)
6. Belcan (US)
7. Hunter Engineering Company (US)
8. Alten Group (France)
9. Altran (Capgemini Engineering) (France)
10 ESI Group (France)
11. ASAP Holding Gmbh (Germany)
12. ESG Elektroniksystem- und Logistik-GmbH (Germany)
13. FEV Group GmbH (Germany)
14. Bertrandt AG (Germany)
15. EDAG Group (Germany)
16. ITK Engineering GmbH (Germany)
17. P3 group GmbH (Germany)
18. Robert Bosch GmbH (Germany)
19. IAV (Germany)
20. Continental AG (Germany)
21. L&T Technology Services Limited (India)
22. HCL Technologies Limited (India)
23. Onward Technologies Ltd. (India)
24. Horiba, LTD. (Japan)
25. Ricardo (UK)
26. Akka Technologies (Belgium)
27. Valmet Automotive (Finland)
28. Semcon (Sweden)
29. AVL List GmbH (Austria)

Regional Analysis

The global Automotive Engineering Services Market’s growth trend is examined in depth throughout the report. It segmented into the major 5 regions, such as North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa, which have global dominance in the Automotive Engineering Services market.

Key Questions answered in the Automotive Engineering Services Market Report are:

• What is Automotive Engineering Services Market?
• What is the forecast period of the Automotive Engineering Services Market?
• What is the competitive scenario of the Automotive Engineering Services market?
• Which region held the largest market share in the Automotive Engineering Services Market?
• What are the opportunities for the Automotive Engineering Services Market?
• What are the restraining factors in the Automotive Engineering Services market?
• Who are the key players of the Automotive Engineering Services market?

Key offerings:

• Market Share, Size, and Forecast by Revenue|2022-2029
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
• Market Segmentation: A detailed analysis by Automotive Engineering Services
• Landscape- Leading key players and other prominent key players.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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