Global Automotive Engineering Services Market 2022 to 2031 | Jobs Vox


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Global Automotive Engineering Services Market

Global Automotive Engineering Services Market

Global Automotive Engineering Services Market

DUBLIN, December 16, 2022 (GLOBE NEWSWIRE) — The “Automotive Engineering Services Global Market Report 2022” report has been added to ResearchAndMarkets.com’s Visit.

This report provides strategists, marketers, and senior management with the critical information they need to assess the global Automotive Engineering Services market.

The global automotive engineering services market is expected to grow from $199.0 billion in 2021 to $220.9 billion in 2022 at a compound annual growth rate (CAGR) of 10.96%.

The growth is primarily due to companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which earlier led to restrictive containment measures such as social distancing, remote working and closure of business activities. Measures were taken. operational challenges. The market is expected to reach $336.0 billion in 2026 at a CAGR of 11.06%.

report attribute

description

number of pages

175

forecast period

2022 – 2026

Estimated market value in 2022 (USD).

$220.9 billion

Estimated Market Value (USD) by 2026.

$336 billion

compound annual growth rate

11.1%

covered area

Global

reason to buy

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  • Identify growth segments for investment.

  • Outperform using forecast data and the drivers and trends shaping the market.

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  • Benchmark performance against leading competitors.

  • Use relationships between key data sets to build better strategies.

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The key players in the Automotive Engineering Services market are Capgemini SE, IAV GmbH, Tech Mahindra Limited, AKKA Technologies, Bertrand AG, Harman International Industries, Inc., Alton CrestTech, L&T Technology Services, Fever Europe GmbH, Akka Technologies, AVL, FEV. , Ricardo, EDAG Engineering GmbH, Valmet Automotive, Onward Technologies Ltd., T-Net Japan Co., Ltd., Kistler Group, Continental AG, Semcon and Robert Bosch GmbH.

The automotive engineering services market consists of the sale of automotive engineering services by entities (associations, sole traders and partnerships) that include mechanical, electrical, software, safety and electronics engineering for the design of automotives.

Automotive engineering services optimize the manufacturing process to improve the overall operational efficiency of the vehicle. Automotive engineering services provide advanced and innovative features in comfort, infotainment and safety through the integration of advanced electronics into vehicles.

The main vehicle types covered by automotive engineering services include passenger cars and commercial vehicles. Passenger cars are designed and manufactured to carry passengers and have less than eight seats excluding the driver’s seat. Various automotive engineering service types include conceptualization/research, designing, prototyping, systems integration, and testing.

Automotive engineering services are located on-shore and off-shore for a variety of applications such as electrical, electronics and body controls, ADAS and safety, chassis, connectivity services, powertrain and exhaust, interior, exterior and body engineering and simulation.

Asia-Pacific to be the largest region in the automotive engineering services market in 2021. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Increasing demand for emission-free transportation is expected to drive the growth of the automotive engineering services market. The use of fossil fuels such as diesel and gasoline releases greenhouse gases such as carbon dioxide, methane, hydrofluorocarbons and nitrous oxide into the atmosphere, resulting in climate change and thus increasing the demand for emission-free transportation modes such as electric vehicles.

For example, in 2021, electric car sales are expected to double from 3 million in 2020 to 6.6 million. The growing demand for emission-free transportation reduces fossil fuel consumption and reduces greenhouse gas emissions. Demand for emission-free transportation along with rising awareness of emission-free transportation is expected to drive the automotive engineering services market.

A major trend gaining popularity is the use of Artificial Intelligence (AI) in automotive engineering. Assistive AI algorithms and controllers help provide a realistic driving-range estimate and optimize energy conservation in electric vehicles, ultimately helping to add additional driving range. Artificial intelligence is also at the core of self-driving cars, which are becoming increasingly popular in the automotive industry.

For example, in 2021, US-based automobile manufacturer Ford plans to improve customer experience, accelerate the modernization of product development, enhance manufacturing and supply chain management, and fast-track the implementation of a data-driven business model. Collaborated with Google for

The countries covered in the Automotive Engineering Services Market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Major Topics Covered:

1. Executive Summary

2. Characteristics of the Automotive Engineering Services Market

3. Automotive Engineering Services Market Trends and Strategies

4. Impact of COVID-19 on Automotive Engineering Services

5. Automotive Engineering Services Market Size and Growth
5.1. Global Automotive Engineering Services Historic Market, 2016-2021, $ Billion
5.1.1. market drivers
5.1.2. market restrictions
5.2. Global Automotive Engineering Services Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. market drivers
5.2.2. market restrictions

6. Automotive Engineering Services Market Segmentation
6.1. Global Automotive Engineering Services Market, Segmentation by Vehicle Type, Historical and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • passenger cars

  • commercial vehicles

6.2. Global Automotive Engineering Services Market, Segmentation by Service Type, Historical and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Concept / Research

  • Design

  • prototype

  • system integration

  • testing

6.3. Global Automotive Engineering Services Market, Segmentation by Location Type, Historical and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

6.4. Global Automotive Engineering Services Market, Segmentation by Application, Historical and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Electrical, Electronics and Body Control

  • ADAS and Security

  • The wheels of the aircraft

  • connectivity services

  • Powertrain & Exhaust

  • Interior, Exterior & Body Engineering

  • simulation

7. Automotive Engineering Services Market Regional and Country Analysis
7.1. Global Automotive Engineering Services Market, Split by Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Automotive Engineering Services Market, Split by Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

For more details about this report visit https://www.researchandmarkets.com/r/u46i9b

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