Automotive Engineering Services Market

Automotive Engineering Services Market by Application (ADAS & Safety, Body Electrical & Electronics, Chassis, Connectivity, Interior/Exterior, Powertrain & Exhaust, Battery, Motor, Charger Test, Simulation), Service, Location & Vehicle - Forecast to 2027

Report Code: AT 7228 Apr, 2021, by marketsandmarkets.com

[271 Pages Report] The global automotive engineering services market is projected to grow at a CAGR of 8.8% from USD  153.3 billion in 2021 to USD  253.9 billion by 2027. Factors such as the advent of autonomous vehicles, the 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 lightweighting are driving the automotive engineering services market.

Automotive Engineering Services Market

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COVID-19 Impact on automotive engineering services market:

Although the overall production and sales of new vehicles came to a halt across the globe due to the outbreak of COVID-19, the impact on electric vehicles was positive. The number of EVs sold in 2020 was more than the total EVs sold in 2019. According to EV-Volumes, the global EV market (passenger cars and commercial vehicles) share increased from 2.5% in 2019 to 4.2% in 2020. Almost 1.4 million plug-in EVs were sold in Europe in 2020, 137% more than in 2019. Key factors for the market growth in Europe include new models, incentive boosts by green recovery funds, the 95g CO2 emission mandate, and the intense promotion of plug-in EVs. In China, NEV sales recovered in the second half of 2020, with a growth rate of more than 80% year-on-year from July to December. EV sales in the US increased by 4%, despite the Tesla Model-Y launch. A decline in EVs sales was witnessed in countries like Japan, Canada, and Australia.

Due to the pandemic, many countries imposed a complete lockdown for more than two months, which, in turn, impacted the production of electric vehicles. Manufacturing units around the world were shut down, and electric vehicle sales took a significant hit initially. However, most of the automakers resumed vehicle production with limited production and necessary measures.

The impact of COVID-19 was mild on the automotive engineering services market, although more than half of service providers are in Europe and Asia Pacific. This can be attributed to the service-based model of the market. Although several production halts hammered the overall supply chain of the entire automotive industry, the impact on automotive service providers remained unchanged. Major automotive engineering service providers, such as Ricardo, Tech Mahindra, Capgemini, and HCL Technologies, faced no steep revenue decline in 2020. For instance, Tech Mahindra was mildly affected due to the COVID-19 pandemic, with its revenue of Q1 2020-21 (ended June 2020) declining by 6.7% QoQ, down 3.2% YoY. The COVID-19 pandemic moderately impacted ESI Group, with Q1 2020 revenue falling by around 6% compared to Q1 2019. Similarly, there was no negative impact of the pandemic on HCL Technologies’ performance. The revenue of the company in FY 2019-20 increased by around 8% compared to the previous year.

Although the pandemic slightly impacted the revenues of major service providers, the sale of electric vehicles increased in many countries, leading to overall growth in the automotive engineering services market in 2020. Additionally, upcoming supply contracts and new product developments are expected to lead to a steady recovery post-2020, further supporting the growth of the automotive engineering services market.

Market Dynamics:

Driver: Increasing demand for advanced connectivity solutions

Automotive OEMs and Tier 1 partners have invested huge resources in developing next-generation connected vehicles. IoT devices, ultrasonic sensors, and high definition cameras are common in premium sedans and SUVs. All these different elements create an eco-system that can connect with the outside world and exchange data to enhance the in-car experience. The data is processed by an onboard computer to provide various features such as smooth navigation and personalized infotainment systems. The data can also be used to analyze the vehicle condition/health to schedule maintenance, which, in turn, can prevent uncertain engine failures.

Connected cars provide various types of services, including passenger safety, navigation, remote diagnostics, and smart infotainment. Connectivity solutions providers such as Harman, Tech Mahindra, AVL, Capgemini, and HCL Technologies are some of the leading companies in the automotive engineering services market.

Restraint: Intellectual Property (IP) constraint

In the automotive industry, outsourcing is now a common practice among OEMs, Tier 1 suppliers, and system integrators. A typical engineering service starts with a concept/research and goes through designing and testing phases before the final production. In some cases, the intellectual property of new technology or process that emerged during the whole process is owned by the OEM. However, service providers might be working with multiple OEMs for similar requirements or specifications with the limitation of using the existing technology patented by different OEMs. Hence, service providers need to be extra careful with the IP violation regulations. Innovation in the automotive industry demands plenty of resources and time. IP regulations prevent service providers from utilizing the same technology repeatedly, which might restrict the use of their engineering service technology.

Opportunity: Standardization of safety features

Governments of several countries have mandated safety features in upcoming vehicles to minimize incidents of over-speeding and fatal accidents. For example, the Union Road Transport Ministry of India proposed a mandate to incorporate advanced safety features, including Electronic Stability Control (ESC) and Autonomous Emergency Braking (AEB), in new vehicles between 2022 and 2023. The authority has also stressed that advanced safety features are required in all vehicles in India and cannot be confined to luxury vehicles only.

Likewise, the European Commission adopted a proposal in May 2018 for passive and active safety improvements to reduce accident-related injuries and better protect vehicle occupants, pedestrians, and cyclists. Advanced safety features include advanced emergency braking, emergency lane-keeping systems, and improved car crash tests. All these mandates are crucial for overall road safety. Automotive manufacturers need to abide by the new mandates to improve passenger safety. For example, in Europe, a new eCall system must be installed in any passenger vehicle sold after April 2018. This system dials the emergency number and communicates vehicle location in the event of serious road accidents. According to the European Commission, it can reduce the emergency response time by 40% in urban areas. All these mandates will have a serious impact on vehicle safety in the coming years. OEM initiatives to implement these features early will create a huge demand for these solutions from engineering service providers.

Challenge: Security threats

Automotive engineering services play a major part in ADAS technologies in vehicles. Most safety features of ADAS comprise sensors such as radar, LiDAR, ultrasonic sensors, cameras, infrared, and several actuators. These sensors and actuators monitor fields in every direction and ensure the safety of the vehicle, driver, passengers, and pedestrians. The functioning of the system depends on several factors, such as traffic and weather. The lack of accurate fail-safe methods could jeopardize occupant safety. A perfect balance between automation and manual override is necessary for the safe operation of ADAS.

Cybercriminals can exploit flaws in a service and software provider. Thus, security has sometimes been an afterthought in the design phase for connected cars and their components. Hackers can easily exploit vulnerabilities using cellular networks, Wi-Fi, and physical connections. Hence, connected vehicles need to be able to trust the services they are connected to. These security threats pose a significant challenge for system manufacturers, OEMs, and engineering service providers.

Automotive Engineering Services Market Ecosystem

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Connectivity services segment is expected to be the fastest-growing market during the forecast period

The 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 the introduction of 5G connectivity have increased the demand for connected services in automotive engineering services. 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. For instance, in July 2018, Audi entered into a partnership with Huawei, the largest telecommunications equipment and smartphone maker in China, for introducing connectivity features in upcoming vehicles. The Renault-Nissan-Mitsubishi Alliance plans to launch new vehicles with Alliance Connected Cloud in China by 2022. All these enhancements would accentuate the need for new sensors and use cases of IoT devices in the coming years. Thus, the automotive industry would witness increasing demand for engineering service providers, specialized in connectivity services.

In-house engineering services are expected to lead the automotive engineering services market during the forecast period

The in-house engineering services are expected to be the largest market. Major OEMs keep complicated automotive engineering services such as engine design, powertrain 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. Also, the growing focus on zero-emission vehicles has compelled OEMs to redesign their existing engines to comply with the latest emission standards. The designing of electric vehicles would enhance the demand for in-house investments by OEMs.

The Asia Pacific automotive engineering services  market is projected to be the fastest by 2027

Asia Pacific is the fastest-growing market for automotive engineering services due to the high adoption of electric passenger cars, especially in China. The markets in South Korea, India, and Japan are also growing due to the policies and mandates instituted by their respective governments to reduce emission levels and increase the use of green technology. Japan accounts for the largest share of the automotive engineering services market in the Asia Pacific region. Many governments in the region are planning to replace their existing public fleets with electric vehicles in the future. The rapid growth of the logistics segment is also fueling the demand for commercial electric vehicles, which consequently boosts the demand for automotive engineering services.

Many engineering service providers are also planning their organic and inorganic investments in Asia Pacific, thus creating growth opportunities for the market in the region. For instance, in May 2019, FEV opened a new mobility center in Pune to expand its presence in India. The new mobility center would pave the way for advanced technologies in the Indian market. In April 2019, Ricardo and Geely Auto Group (Geely), one of China’s leading automakers, partnered to develop advanced hybrid transmission, which would be specifically designed for a range-extended plug-in hybrid.

Automotive Engineering Services Market by Region

Key Market Players

The automotive engineering services market is dominated by global players such as Capgemini (France), IAV Automotive Engineering (Germany), Tech Mahindra (India), AKKA Technologies (Belgium), and Bertrandt AG (Germany). The key strategies adopted by these companies to sustain their market position are new product developments, mergers & acquisitions, supply contracts, partnerships, expansions, collaborations, acquisitions, and contracts & agreements.

Scope of the Report

Report Metric

Details

Market size available for years

2017–2027

Base year considered

2021

Forecast period

2021-2027

Forecast units

Value (USD Million)

Segments covered

Vehicle Type, Service Type, Location, Application, and Region

Geographies covered

Asia Pacific, Europe, North America, and Rest of the World

Companies Covered

Capgemini (France), IAV Automotive Engineering (Germany), Tech Mahindra (India), AKKA Technologies (Belgium), and Bertrandt AG (Germany)
 A total of 25 major company profiles covered and provided

This research report categorizes the automotive engineering services market based on vehicle type, service type, location, application, and region.

Based on the vehicle type:

  • Passenger cars
  • Commercial vehicles

Based on the service type:

  • Concept/Research
  • Designing
  • Prototyping
  • System Integration
  • Testing

Based on the location:

  • In-house
  • Outsource

Based on the application:

  • ADAS and Safety
  • Electrical, Electronics, and Body Controls
  • Chassis
  • Connectivity Services
  • Interior, Exterior, and Body Engineering
  • Powertrain and Exhaust
  • Simulation
  • Battery Development & Management
  • Charger Testing
  • Motor Control
  • Others (portfolio management, acoustic engineering, energy consulting, quality management, and product lifecycle)

Based on the region:

  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • Spain
    • United Kingdom
    • Russia
    • Rest of Europe
  • Rest of the World
    • Brazil
    • Iran
    • Others

Recent Developments

  • In December 2020, Altran Technologies, a part of the Capgemini Group, collaborated with Groupe PSA to create the Citroλn AMI, its new mobility solution, which is a light electric vehicle designed to meet environmental challenges. Based on requirements defined by PSA, Altran led the development process, from both technical (research, simulation, testing, approval, supplier management) and industrial (architecture, production facilities, which also included integrator management) perspectives; from design to purchasing, as well as vehicle and process engineering, and even creation of the production line.
  • In February 2021, Schaeffler Group announced that starting from 2024, it will design and manufacture a hybrid EV drive unit comprising two electric motors and transmission with integrated power electronics. A system power rating of 120 kW will offer high-performance with low fuel consumption. This is in line with the recent order for dedicated hybrid drives.
  • In November 2020, IAV Automotive Engineering developed an energy-efficient heating concept in a joint project with Louisenthal. It requires considerably less energy while increasing comfort for drivers and passengers. This increases the cruising range by up to 6%. The product known as SmartMesh foil has a mesh of conductive tracks on its surface. The foil is easily integrated into doors, the center console, and the roof lining. It warms up and radiates heat into the passenger compartment for vehicle occupants to apply the operating voltage.
  • In July 2019, Tech Mahindra announced its partnership with Mahindra Logistics (MLL), a 3PL (Third-Party Logistics) solution provider, for introducing and operating Electric Vehicles (EV) for employee transportation. Mahindra Logistics will be deploying Mahindra E-Verito vehicles at Tech Mahindra’s Hyderabad campus under its employee transportation fleet.
  • In March 2019, AKKA Technologies unveiled its latest creation, the “Smart Bertone”, an innovative electric concept car. The development of Smart Bertone reflected the Group’s know-how in engineering and integrating new innovations to provide solutions to car manufacturers, who themselves face the challenges of a changing urban environment and changing mobile uses.
  • In March 2019, Bertrandt AG invested USD 17 million to expand its high voltage test center in Ehningen. This facility would be used to meet the ever-increasing requirements in terms of quantity and performance of high-voltage test resources.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 31)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
           1.2.1 INCLUSIONS & EXCLUSIONS
           TABLE 1 INCLUSIONS & EXCLUSIONS FOR AUTOMOTIVE ENGINEERING SERVICES MARKET
    1.3 MARKET SCOPE
           FIGURE 1 MARKET SEGMENTATION: AUTOMOTIVE ENGINEERING SERVICES MARKET
           1.3.1 YEARS CONSIDERED FOR THE STUDY
    1.4 STAKEHOLDERS
    1.5 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 38)
    2.1 RESEARCH DATA
           FIGURE 2 AUTOMOTIVE ENGINEERING SERVICES MARKET: RESEARCH DESIGN
           FIGURE 3 RESEARCH METHODOLOGY MODEL
    2.2 SECONDARY DATA
           2.2.1 KEY SECONDARY SOURCES
           2.2.2 KEY DATA FROM SECONDARY SOURCES
    2.3 PRIMARY DATA
           FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS
           2.3.1 SAMPLING TECHNIQUES & DATA COLLECTION METHODS
           2.3.2 PRIMARY PARTICIPANTS
    2.4 MARKET ESTIMATION METHODOLOGY
           FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
    2.5 MARKET SIZE ESTIMATION
           2.5.1 TOP-DOWN APPROACH
           FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY FOR AUTOMOTIVE ENGINEERING SERVICES MARKET: TOP-DOWN APPROACH
           FIGURE 7 AUTOMOTIVE ENGINEERING SERVICES MARKET: RESEARCH DESIGN & METHODOLOGY
           FIGURE 8 AUTOMOTIVE ENGINEERING SERVICES MARKET: RESEARCH METHODOLOGY ILLUSTRATION OF CAPGEMINI REVENUE ESTIMATION
           2.5.2 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES
    2.6 MARKET BREAKDOWN AND DATA TRIANGULATION
           FIGURE 9 DATA TRIANGULATION
    2.7 FACTOR ANALYSIS
    2.8 ASSUMPTIONS
           FIGURE 10 AUTOMOTIVE ENGINEERING SERVICES MARKET: RESEARCH ASSUMPTIONS
    2.9 RESEARCH LIMITATIONS

3 EXECUTIVE SUMMARY (Page No. - 51)
           FIGURE 11 AUTOMOTIVE ENGINEERING SERVICES MARKET: MARKET DYNAMICS
           FIGURE 12 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION
           FIGURE 13 PASSENGER CARS SEGMENT ESTIMATED TO HOLD LARGER MARKET SHARE THAN COMMERCIAL VEHICLES SEGMENT IN 2021
           FIGURE 14 IN-HOUSE SEGMENT ESTIMATED TO HOLD LARGER MARKET SHARE THAN OUTSOURCE SEGMENT IN 2021
           FIGURE 15 AUTOMOTIVE ENGINEERING SERVICES: IN-HOUSE AND OUTSOURCE INTENSITY
           FIGURE 16 COVID-19 IMPACT ON AUTOMOTIVE ENGINEERING SERVICES MARKET, 2017–2027

4 PREMIUM INSIGHTS (Page No. - 58)
    4.1 ATTRACTIVE OPPORTUNITIES IN AUTOMOTIVE ENGINEERING SERVICES MARKET
           FIGURE 17 GROWTH OF CONNECTED SERVICES AND INCREASING FOCUS ON ELECTRIC VEHICLES TO DRIVE MARKET IN NEXT FIVE YEARS
    4.2 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION
           FIGURE 18 EUROPE ESTIMATED TO ACCOUNT FOR LARGEST SHARE OF AUTOMOTIVE ENGINEERING SERVICES MARKET IN 2021
    4.3 EUROPE AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY & VEHICLE TYPE
           FIGURE 19 GERMANY ESTIMATED TO BE LARGEST AUTOMOTIVE ENGINEERING SERVICES MARKET IN EUROPE IN 2021
    4.4 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY VEHICLE TYPE
           FIGURE 20 PASSENGER CARS SEGMENT ESTIMATED TO ACCOUNT FOR LARGER MARKET SHARE THAN COMMERCIAL VEHICLES SEGMENT IN 2021
    4.5 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY APPLICATION (ICE)
           FIGURE 21 CONNECTIVITY SERVICES SEGMENT PROJECTED TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
    4.6 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY LOCATION
           FIGURE 22 IN-HOUSE SEGMENT EXPECTED TO LEAD THE MARKET FROM 2021 TO 2027
    4.7 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE
           FIGURE 23 DESIGNING SEGMENT PROJECTED TO RECORD HIGHEST CAGR DURING FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 63)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 24 AUTOMOTIVE ENGINEERING SERVICES MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Increasing demand for advanced connectivity solutions
           FIGURE 25 ADVANCED ELECTRONICS
                    5.2.1.2 Adoption of EVs and shared mobility for a greener environment
           FIGURE 26 GLOBAL EV SALES, 2017-2020
                    5.2.1.3 Demand for luxury vehicles
           TABLE 2 GLOBAL LUXURY CAR SALES BY GERMAN BRANDS, 2015-2020
           TABLE 3 LUXURY CAR SALES BY GERMAN BRANDS IN CHINA, 2015-2020
           TABLE 4 LUXURY CAR SALES BY GERMAN BRANDS IN THE US, 2016-2020
           5.2.2 RESTRAINTS
                    5.2.2.1 Intellectual Property (IP) constraint
                    5.2.2.2 Shift in business model
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Standardization of safety features
                    5.2.3.2 Rise of autonomous vehicles
           FIGURE 27 VISION SYSTEM OF A FULLY AUTONOMOUS VEHICLE
                    5.2.3.3 Demand for outsourcing
                    5.2.3.4 Implementation of stringent emission norms & environmental regulations
           FIGURE 28 GLOBAL FUEL ECONOMY AND CO2 EMISSION DATA, 2016–2025
           5.2.4 CHALLENGES
                    5.2.4.1 Intense competition
                    5.2.4.2 Risk of heavy investments
                    5.2.4.3 Security threats
           5.2.5 IMPACT OF MARKET DYNAMICS
    5.3 AUTOMOTIVE ENGINEERING SERVICES: REVENUE SHIFT DRIVING MARKET GROWTH
    5.4 AUTOMOTIVE ENGINEERING SERVICES MARKET, MARKET SCENARIOS (2020–2027)
           FIGURE 29 AUTOMOTIVE ENGINEERING SERVICES MARKET: FUTURE TRENDS & SCENARIOS, 2020–2027
           5.4.1 MOST LIKELY SCENARIO
           TABLE 5 AUTOMOTIVE ENGINEERING SERVICES MARKET: MOST LIKELY SCENARIO, BY REGION, 2020–2027 (USD MILLION)
           5.4.2 OPTIMISTIC SCENARIO
           TABLE 6 AUTOMOTIVE ENGINEERING SERVICES MARKET: OPTIMISTIC SCENARIO, BY REGION, 2020–2027 (USD MILLION)
           5.4.3 PESSIMISTIC SCENARIO
           TABLE 7 AUTOMOTIVE ENGINEERING SERVICES MARKET: PESSIMISTIC SCENARIO, BY REGION, 2020–2027 (USD MILLION)
    5.5 PORTER’S FIVE FORCES
           FIGURE 30 PORTER’S FIVE FORCES: AUTOMOTIVE ENGINEERING SERVICES MARKET
           TABLE 8 AUTOMOTIVE ENGINEERING SERVICES MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.5.1 THREAT OF NEW ENTRANTS
                    5.5.1.1 Impact of emerging technologies
                    5.5.1.2 Heavy investments to stay in the competition
           5.5.2 THREAT OF SUBSTITUTES
                    5.5.2.1 In-house R&D
           5.5.3 BARGAINING POWER OF BUYERS
                    5.5.3.1 Requirements as per design
                    5.5.3.2 Intellectual Property (IP)
           5.5.4 BARGAINING POWER OF SUPPLIERS
                    5.5.4.1 Maintaining a balance between cost & quality
           5.5.5 INTENSITY OF COMPETITIVE RIVALRY
                    5.5.5.1 Pre-established market players
                    5.5.5.2 New developments related to automotive engineering services
    5.6 VALUE CHAIN ANALYSIS
           FIGURE 31 VALUE CHAIN OF ENGINEERING SERVICES
    5.7 ECOSYSTEM
           FIGURE 32 ECOSYSTEM OF AUTOMOTIVE ENGINEERING SERVICES MARKET
           TABLE 9 AUTOMOTIVE ENGINEERING SERVICES MARKET: ECOSYSTEM
    5.8 TECHNOLOGY ANALYSIS
           5.8.1 CONNECTED VEHICLES
           FIGURE 33 CONNECTED CAR SOLUTION
           5.8.2 ELECTRIC AND HYBRID VEHICLES
           5.8.3 ADVANCED DRIVER ASSISTANCE SYSTEMS (ADAS)
           FIGURE 34 ADVANCED DRIVER ASSISTANCE SYSTEMS FOR AUTOMOTIVE AND TRANSPORTATION
    5.9 PATENT ANALYSIS
           TABLE 10 IMPORTANT PATENT REGISTRATIONS RELATED TO AUTOMOTIVE ENGINEERING SERVICES MARKET
    5.10 CASE STUDY
           5.10.1 MODEL-BASED SYSTEM ENGINEERING BY L&T TECHNOLOGY SERVICES
           5.10.2 SIMULATION-BASED DEVELOPMENT OF FUNCTIONAL OIL DISTRIBUTION IN ELECTRIC AXLE SYSTEMS, BY AVL AND SCHAEFFLER
           FIGURE 35 PASSIVE LUBRICATION CONCEPTS
    5.11 AUTOMOTIVE ENGINEERING SERVICES MARKET: COVID-19 IMPACT
           5.11.1 IMPACT ON AUTOMOTIVE ENGINEERING SERVICES
           5.11.2 IMPACT ON ADAS TECHNOLOGY

6 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY LOCATION (Page No. - 87)
    6.1 INTRODUCTION
           FIGURE 36 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY LOCATION, 2021 VS. 2027
           TABLE 11 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY LOCATION, 2017–2020 (USD MILLION)
           TABLE 12 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY LOCATION, 2021–2027 (USD MILLION)
    6.2 OPERATIONAL DATA
           TABLE 13 TOP R&D INVESTORS IN ENGINEERING SERVICES
           6.2.1 ASSUMPTIONS
           6.2.2 RESEARCH METHODOLOGY
           6.2.3 KEY PRIMARY INSIGHTS
           FIGURE 37 KEY PRIMARY INSIGHTS
    6.3 IN-HOUSE
           6.3.1 FOCUS ON CURBING INTRICATE DESIGNS OF VEHICLES AND INTELLECTUAL PROPERTY RIGHTS WOULD DRIVE IN-HOUSE SEGMENT
           FIGURE 38 VOLKSWAGEN’S IN-HOUSE OPERATING SYSTEM
           TABLE 14 IN-HOUSE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2017–2020 (USD MILLION)
           TABLE 15 IN-HOUSE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2021–2027 (USD MILLION)
    6.4 OUTSOURCE
           6.4.1 COMPETITIVE COST AND TECHNICAL ADVANTAGES WILL BOOST OUTSOURCING MARKET
           TABLE 16 OUTSOURCE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2017–2020 (USD MILLION)
           TABLE 17 OUTSOURCE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2021–2027 (USD MILLION)

7 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE (Page No. - 94)
    7.1 INTRODUCTION
           FIGURE 39 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2021 VS. 2027
           TABLE 18 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 19 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2021–2027 (USD MILLION)
    7.2 OPERATIONAL DATA
           FIGURE 40 PRODUCTION AND DEVELOPMENT CYCLE OF VEHICLES
           7.2.1 ASSUMPTIONS
           7.2.2 RESEARCH METHODOLOGY
           7.2.3 KEY PRIMARY INSIGHTS
           FIGURE 41 KEY PRIMARY INSIGHTS
    7.3 CONCEPT/RESEARCH
           7.3.1 RISE OF AUTONOMOUS VEHICLES WILL REQUIRE NEWER CONCEPTS/RESEARCH
           TABLE 20 LIST OF CONCEPT CAR
           TABLE 21 CONCEPT/RESEARCH: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2017–2020 (USD MILLION)
           TABLE 22 CONCEPT/RESEARCH: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2021–2027 (USD MILLION)
    7.4 DESIGNING
           7.4.1 LOW EMISSION ENGINES WOULD INCREASE DEMAND FOR ADVANCED ENGINEERING DESIGNS
           TABLE 23 DESIGN PROCESS OF VEHICLES
           TABLE 24 DESIGNING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2017–2020 (USD MILLION)
           TABLE 25 DESIGNING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2021–2027 (USD MILLION)
    7.5 PROTOTYPING
           7.5.1 RAPID UPGRADATION OF TECHNOLOGIES IN NEW VEHICLES INCREASES DEMAND FOR PROTOTYPING
           TABLE 26 PROTOTYPING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2017–2020 (USD MILLION)
           TABLE 27 PROTOTYPING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2021–2027 (USD MILLION)
    7.6 SYSTEM INTEGRATION
           7.6.1 COMPETITIVE CHALLENGES WITH AUTOMATION WOULD BOOST THE MARKET FOR SYSTEM INTEGRATION
           TABLE 28 SYSTEM INTEGRATION: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2017–2020 (USD MILLION)
           TABLE 29 SYSTEM INTEGRATION: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2021–2027 (USD MILLION)
    7.7 TESTING
           7.7.1 FOCUS ON EVS AND HYBRID VEHICLES WOULD INCREASE DEMAND FOR TESTING TO MAINTAIN EFFICIENCY
           TABLE 30 TESTING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2017–2020 (USD MILLION)
           TABLE 31 TESTING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2021–2027 (USD MILLION)

8 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY APPLICATION (Page No. - 106)
    8.1 INTRODUCTION
           FIGURE 42 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY APPLICATION, 2021 VS. 2027
           TABLE 32 AUTOMOTIVE ENGINEERING SERVICES MARKET FOR INTERNAL COMBUSTION ENGINE, BY APPLICATION, 2017–2020 (USD MILLION)
           TABLE 33 AUTOMOTIVE ENGINEERING SERVICES MARKET FOR INTERNAL COMBUSTION ENGINE, BY APPLICATION 2021–2027 (USD MILLION)
           TABLE 34 AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLE, BY APPLICATION 2017–2020 (USD MILLION)
           TABLE 35 AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLE, BY APPLICATION, 2021–2027 (USD MILLION)
    8.2 OPERATIONAL DATA
           TABLE 36 ADAS FEATURES IN 2020 TOYOTA VEHICLES
           8.2.1 ASSUMPTIONS
           8.2.2 RESEARCH METHODOLOGY
           8.2.3 KEY PRIMARY INSIGHTS
           FIGURE 43 KEY PRIMARY INSIGHTS
    8.3 ADAS AND SAFETY
           8.3.1 INCREASING SAFETY REGULATIONS WILL FUEL DEMAND FOR ADAS AND SAFETY SYSTEMS
           TABLE 37 ADAS AND SAFETY: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR INTERNAL COMBUSTION ENGINE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 38 ADAS AND SAFETY: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR INTERNAL COMBUSTION ENGINE, BY REGION, 2021–2027 (USD MILLION)
           TABLE 39 ADAS AND SAFETY: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 40 ADAS AND SAFETY: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLE, BY REGION, 2021–2027 (USD MILLION)
    8.4 ELECTRICAL, ELECTRONICS, AND BODY CONTROLS
           8.4.1 WIDE IMPLEMENTATION OF IOT DEVICES IN AUTOMOTIVE SECTOR WILL REQUIRE MORE SPECIALIZED ENGINEERING SERVICES
           TABLE 41 ELECTRICAL, ELECTRONICS, AND BODY CONTROLS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR INTERNAL COMBUSTION ENGINE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 42 ELECTRICAL, ELECTRONICS, AND BODY CONTROLS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR INTERNAL COMBUSTION ENGINE, BY REGION, 2021–2027 (USD MILLION)
           TABLE 43 ELECTRICAL, ELECTRONICS, AND BODY CONTROLS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 44 ELECTRICAL, ELECTRONICS, AND BODY CONTROLS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLE, BY REGION, 2021–2027 (USD MILLION)
    8.5 CHASSIS
           8.5.1 NEW CHASSIS DESIGN WOULD DRIVE MARKET GROWTH
           TABLE 45 CHASSIS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR INTERNAL COMBUSTION ENGINE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 46 CHASSIS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR INTERNAL COMBUSTION ENGINE, BY REGION, 2021–2027 (USD MILLION)
           TABLE 47 CHASSIS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 48 CHASSIS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLE, BY REGION, 2021–2027 (USD MILLION)
    8.6 CONNECTIVITY SERVICES
           8.6.1 DEMAND FOR ADVANCED CONNECTIVITY SERVICES WOULD DRIVE MARKET GROWTH
           TABLE 49 CONNECTIVITY SERVICES: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR INTERNAL COMBUSTION ENGINE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 50 CONNECTIVITY SERVICES: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR INTERNAL COMBUSTION ENGINE, BY REGION, 2021–2027 (USD MILLION)
           TABLE 51 CONNECTIVITY SERVICES: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 52 CONNECTIVITY SERVICES: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLE, BY REGION, 2021–2027 (USD MILLION)
    8.7 INTERIOR, EXTERIOR, AND BODY ENGINEERING
           8.7.1 MORE COMFORT FEATURES WOULD FUEL MARKET FOR INTERIOR, EXTERIOR, AND BODY ENGINEERING SERVICES
           TABLE 53 INTERIOR, EXTERIOR, AND BODY ENGINEERING: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR INTERNAL COMBUSTION ENGINE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 54 INTERIOR, EXTERIOR, AND BODY ENGINEERING: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR INTERNAL COMBUSTION ENGINE, BY REGION, 2021–2027 (USD MILLION)
           TABLE 55 INTERIOR, EXTERIOR, AND BODY ENGINEERING: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 56 INTERIOR, EXTERIOR, AND BODY ENGINEERING: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLE, BY REGION, 2021–2027 (USD MILLION)
    8.8 POWERTRAIN AND EXHAUST
           8.8.1 ADOPTION OF EMISSION-FRIENDLY VEHICLES WOULD INCREASE DESIGN & INTEGRATION OF POWERTRAIN AND EXHAUST
           TABLE 57 POWERTRAIN AND EXHAUST: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR INTERNAL COMBUSTION ENGINE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 58 POWERTRAIN AND EXHAUST: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR INTERNAL COMBUSTION ENGINE, BY REGION, 2021–2027 (USD MILLION)
           TABLE 59 POWERTRAIN AND EXHAUST: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 60 POWERTRAIN AND EXHAUST: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLE, BY REGION, 2021–2027 (USD MILLION)
    8.9 SIMULATION
           8.9.1 REFINEMENTS IN CAR DESIGN WOULD DEMAND BETTER SIMULATION SERVICES DURING FORECAST PERIOD
           TABLE 61 SIMULATION: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR INTERNAL COMBUSTION ENGINE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 62 SIMULATION: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR INTERNAL COMBUSTION ENGINE, BY REGION, 2021–2027 (USD MILLION)
           TABLE 63 SIMULATION: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 64 SIMULATION: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLE, BY REGION, 2021–2027 (USD MILLION)
    8.10 BATTERY DEVELOPMENT & MANAGEMENT
           8.10.1 DEMAND FOR HIGH PERFORMANCE AND POWER OUTPUT BATTERIES IN EVS WILL SIGNIFICANTLY DRIVE MARKET
           TABLE 65 BATTERY DEVELOPMENT & MANAGEMENT: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2017–2020 (USD MILLION)
           TABLE 66 BATTERY DEVELOPMENT & MANAGEMENT: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2021–2027 (USD MILLION)
    8.11 CHARGER TESTING
           8.11.1 BREAKDOWN OF CHARGERS AND BATTERY DUE TO EXCESS HEAT WILL DRIVE CHARGER TESTING MARKET
           TABLE 67 CHARGER TESTING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2017–2020 (USD MILLION)
           TABLE 68 CHARGER TESTING: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2021–2027 (USD MILLION)
    8.12 MOTOR CONTROL
           8.12.1 BETTER FUNCTIONALITY OF MOTORS IN EVS WILL BOOST MARKET GROWTH
           TABLE 69 MOTOR CONTROL: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2017–2020 (USD MILLION)
           TABLE 70 MOTOR CONTROL: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2021–2027 (USD MILLION)
    8.13 OTHERS
           8.13.1 NEW ELECTRIC VEHICLE AND ICE VEHICLE DESIGNS WOULD DEMAND BETTER SOLUTIONS DURING FORECAST PERIOD
           TABLE 71 OTHERS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR INTERNAL COMBUSTION ENGINE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 72 OTHERS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR INTERNAL COMBUSTION ENGINE, BY REGION, 2021–2027 (USD MILLION)
           TABLE 73 OTHERS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 74 OTHERS: AUTOMOTIVE ENGINEERING SERVICES MARKET FOR ELECTRIC VEHICLE, BY REGION, 2021–2027 (USD MILLION)

9 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY VEHICLE TYPE (Page No. - 131)
    9.1 INTRODUCTION
           FIGURE 44 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY VEHICLE TYPE, 2021 VS. 2027
           TABLE 75 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY VEHICLE TYPE, 2017–2020 (USD MILLION)
           TABLE 76 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY VEHICLE TYPE, 2021–2027 (USD MILLION)
    9.2 OPERATIONAL DATA
           TABLE 77 GLOBAL PASSENGER CARS AND COMMERCIAL VEHICLES PRODUCTION DATA, 2020 (UNITS)
           9.2.1 ASSUMPTIONS
           9.2.2 RESEARCH METHODOLOGY
           9.2.3 KEY PRIMARY INSIGHTS
           FIGURE 45 KEY PRIMARY INSIGHTS
    9.3 PASSENGER CARS
           9.3.1 PASSENGER CARS (INTERNAL COMBUSTION ENGINE)
                    9.3.1.1 New improving ICE vehicles would drive innovation in the automotive engineering services market
           TABLE 78 PASSENGER CARS: AUTOMOTIVE ENGINEERING SERVICES MARKET IN INTERNAL COMBUSTION ENGINE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 79 PASSENGER CARS: AUTOMOTIVE ENGINEERING SERVICES MARKET IN INTERNAL COMBUSTION ENGINE, BY REGION, 2021–2027 (USD MILLION)
           9.3.2 PASSENGER CARS (ELECTRIC VEHICLE)
                    9.3.2.1 Increasing adoption of electric vehicles would drive automotive engineering services market
           TABLE 80 PASSENGER CARS: AUTOMOTIVE ENGINEERING SERVICES MARKET IN ELECTRIC VEHICLE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 81 PASSENGER CARS: AUTOMOTIVE ENGINEERING SERVICES MARKET IN ELECTRIC VEHICLE, BY REGION, 2021–2027 (USD MILLION)
    9.4 COMMERCIAL VEHICLES
           9.4.1 COMMERCIAL VEHICLES (INTERNAL COMBUSTION ENGINE)
                    9.4.1.1 Low emission trucks will drive the market for new engineering services
           TABLE 82 COMMERCIAL VEHICLES: AUTOMOTIVE ENGINEERING SERVICES MARKET IN INTERNAL COMBUSTION ENGINE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 83 COMMERCIAL VEHICLES: AUTOMOTIVE ENGINEERING SERVICES MARKET IN INTERNAL COMBUSTION ENGINE, BY REGION, 2021–2027 (USD MILLION)
           9.4.2 COMMERCIAL VEHICLES (ELECTRIC VEHICLE)
                    9.4.2.1 Developments in EV trucks would require new engineering services
           TABLE 84 COMMERCIAL VEHICLES: AUTOMOTIVE ENGINEERING SERVICES MARKET IN ELECTRIC VEHICLE, BY REGION, 2017–2020 (USD MILLION)
           TABLE 85 COMMERCIAL VEHICLES: AUTOMOTIVE ENGINEERING SERVICES MARKET IN ELECTRIC VEHICLE, BY REGION, 2021–2027 (USD MILLION)

10 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION (Page No. - 141)
     10.1 INTRODUCTION
           FIGURE 46 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2021 VS. 2027
           TABLE 86 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2017–2020 (USD MILLION)
           TABLE 87 AUTOMOTIVE ENGINEERING SERVICES MARKET, BY REGION, 2021–2027 (USD MILLION)
     10.2 ASIA PACIFIC
           FIGURE 47 ASIA PACIFIC: AUTOMOTIVE ENGINEERING SERVICES MARKET SNAPSHOT
           TABLE 88 ASIA PACIFIC: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
           TABLE 89 ASIA PACIFIC: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
             10.2.1 CHINA
                        10.2.1.1 Technological advancements in autonomous driving will boost market growth in china
           TABLE 90 CHINA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 91 CHINA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2021–2027 (USD MILLION)
             10.2.2 INDIA
                        10.2.2.1 Government subsidies will impact market positively
           TABLE 92 INDIA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 93 INDIA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2021–2027 (USD MILLION)
             10.2.3 JAPAN
                        10.2.3.1 Development of advanced ADAS technologies will drive market
           TABLE 94 JAPAN: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 95 JAPAN: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2021–2027 (USD MILLION)
             10.2.4 SOUTH KOREA
                        10.2.4.1 Government initiatives for adoption of EVs to propel market growth
           TABLE 96 SOUTH KOREA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 97 SOUTH KOREA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2021–2027 (USD MILLION)
             10.2.5 REST OF ASIA PACIFIC
                        10.2.5.1 Government initiatives toward smarter transportation to drive overall market
           TABLE 98 REST OF ASIA PACIFIC: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 99 REST OF ASIA PACIFIC: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2021–2027 (USD MILLION)
     10.3 EUROPE
           FIGURE 48 EUROPE: AUTOMOTIVE ENGINEERING SERVICES MARKET SNAPSHOT
           TABLE 100 EUROPE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
           TABLE 101 EUROPE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
             10.3.1 FRANCE
                        10.3.1.1 High demand for electric vehicles will drive market growth
           TABLE 102 FRANCE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 103 FRANCE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2021–2027 (USD MILLION)
             10.3.2 GERMANY
                        10.3.2.1 Innovations and advanced designs from German automaker to drive market growth
           TABLE 104 GERMANY: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 105 GERMANY: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2021–2027 (USD MILLION)
             10.3.3 ITALY
                        10.3.3.1 Growing alternate fuel vehicle sales to propel market growth
           TABLE 106 ITALY: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 107 ITALY: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2021–2027 (USD MILLION)
             10.3.4 RUSSIA
                        10.3.4.1 Increasing investments will drive the overall market growth
           TABLE 108 RUSSIA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 109 RUSSIA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2021–2027 (USD MILLION)
             10.3.5 SPAIN
                        10.3.5.1 Demand for commercial electric vehicles will positively impact market
           TABLE 110 SPAIN: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 111 SPAIN: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2021–2027 (USD MILLION)
             10.3.6 UK
                        10.3.6.1 Increasing focus on electrification of vehicles would drive overall market in the UK
           TABLE 112 UK: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 113 UK: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2021–2027 (USD MILLION)
             10.3.7 REST OF EUROPE
                        10.3.7.1 Investments in EVs by countries in Nordic will boost the market growth
           TABLE 114 REST OF EUROPE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 115 REST OF EUROPE: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2021–2027 (USD MILLION)
     10.4 NORTH AMERICA
           TABLE 116 NORTH AMERICA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
           TABLE 117 NORTH AMERICA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
             10.4.1 CANADA
                        10.4.1.1 Developments in alternative powertrains will propel market growth
           TABLE 118 CANADA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 119 CANADA: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2021–2027 (USD MILLION)
             10.4.2 MEXICO
                        10.4.2.1 Investments in electric technologies will drive market
           TABLE 120 MEXICO: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 121 MEXICO: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2021–2027 (USD MILLION)
             10.4.3 US
                        10.4.3.1 Large scale autonomous driving tests will drive market
           TABLE 122 US: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 123 US: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2021–2027 (USD MILLION)
     10.5 REST OF THE WORLD (ROW)
           TABLE 124 ROW: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
           TABLE 125 ROW: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
             10.5.1 BRAZIL
                        10.5.1.1 Government initiatives may impact market positively
           TABLE 126 BRAZIL: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 127 BRAZIL: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2021–2027 (USD MILLION)
             10.5.2 IRAN
                        10.5.2.1 Entry of global players will drive market growth
           TABLE 128 IRAN: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 129 IRAN: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2021–2027 (USD MILLION)
             10.5.3 OTHERS
                        10.5.3.1 Growing vehicle production may impact market positively
           TABLE 130 OTHERS: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2017–2020 (USD MILLION)
           TABLE 131 OTHERS: AUTOMOTIVE ENGINEERING SERVICES MARKET, BY SERVICE TYPE, 2021–2027 (USD MILLION)

11 RECOMMENDATIONS BY MARKETSANDMARKETS (Page No. - 173)
     11.1 INCREASED DEMAND FOR CONNECTIVITY SOLUTIONS AND ADVANCED SAFETY FEATURES IN VEHICLES
     11.2 EUROPE TO DRIVE AUTOMOTIVE ENGINEERING SERVICES MARKET
     11.3 CONCLUSION

12 COMPETITIVE LANDSCAPE (Page No. - 175)
     12.1 OVERVIEW
     12.2 MARKET EVALUATION FRAMEWORK
           FIGURE 49 MARKET EVALUATION FRAMEWORK
           FIGURE 50 KEY DEVELOPMENTS BY LEADING PLAYERS IN AUTOMOTIVE ENGINEERING SERVICES MARKET
     12.3 MARKET EVALUATION FRAMEWORK: REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS
           FIGURE 51 TOP PUBLIC/LISTED PLAYERS DOMINATING AUTOMOTIVE ENGINEERING SERVICES MARKET
     12.4 MARKET SHARE ANALYSIS
           FIGURE 52 MARKET SHARE ANALYSIS, 2020
           TABLE 132 AUTOMOTIVE ENGINEERING SERVICES MARKET: DEGREE OF COMPETITION
     12.5 COMPETITIVE SCENARIO
             12.5.1 PRODUCT LAUNCHES
           TABLE 133 PRODUCT LAUNCHES, 2019–2021
             12.5.2 DEALS, 2018–2020
           TABLE 134 DEALS, 2018–2020
             12.5.3 OTHER STRATEGIES, 2019–2020
           TABLE 135 OTHER STRATEGIES, 2018–2020
     12.6 COMPETITIVE LEADERSHIP MAPPING FOR AUTOMOTIVE ENGINEERING SERVICES MARKET
             12.6.1 STARS
             12.6.2 EMERGING LEADERS
             12.6.3 PERVASIVE
             12.6.4 PARTICIPANT
           FIGURE 53 AUTOMOTIVE ENGINEERING SERVICES MARKET: COMPETITIVE LEADERSHIP MAPPING, 2020
     12.7 STRENGTH OF PRODUCT PORTFOLIO
           FIGURE 54 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN AUTOMOTIVE ENGINEERING SERVICES MARKET
           FIGURE 55 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN AUTOMOTIVE ENGINEERING SERVICES MARKET
     12.8 COMPANY EVALUATION QUADRANT-PRODUCT FOOTPRINT
           TABLE 136 COMPANY PRODUCT FOOTPRINT
           TABLE 137 COMPANY INDUSTRY FOOTPRINT
           TABLE 138 COMPANY APPLICATION FOOTPRINT
           TABLE 139 COMPANY REGIONAL FOOTPRINT
     12.9 STARTUP/SME EVALUATION MATRIX, 2020
           FIGURE 56 AUTOMOTIVE ENGINEERING SERVICES MARKET: START-UP MATRIX, 2020
     12.10 WINNERS VS. TAIL-ENDERS
           TABLE 140 WINNERS VS. TAIL-ENDERS

13 COMPANY PROFILES (Page No. - 192)
     13.1 KEY PLAYERS
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)* 
             13.1.1 HARMAN INTERNATIONAL
           FIGURE 57 HARMAN INTERNATIONAL: COMPANY SNAPSHOT
             13.1.2 RICARDO
           FIGURE 58 RICARDO: COMPANY SNAPSHOT
           FIGURE 59 RICARDO: R&D PORTFOLIO
             13.1.3 TECH MAHINDRA
           FIGURE 60 TECH MAHINDRA: COMPANY SNAPSHOT
             13.1.4 CAPGEMINI
           FIGURE 61 CAPGEMINI: COMPANY SNAPSHOT
             13.1.5 AVL
             13.1.6 BERTRANDT AG
           FIGURE 62 BERTRANDT AG: COMPANY SNAPSHOT
             13.1.7 ALTEN GROUP
           FIGURE 63 ALTEN GROUP: COMPANY SNAPSHOT
             13.1.8 L&T TECHNOLOGY SERVICES
           FIGURE 64 L&T TECHNOLOGY SERVICES: COMPANY SNAPSHOT
           FIGURE 65 L&T TECHNOLOGY SERVICES: GROUP STRUCTURE
             13.1.9 FEV
             13.1.10 AKKA TECHNOLOGIES
           FIGURE 66 AKKA TECHNOLOGIES: COMPANY SNAPSHOT
             13.1.11 HCL TECHNOLOGIES
           FIGURE 67 HCL TECHNOLOGIES: COMPANY SNAPSHOT
             13.1.12 IAV AUTOMOTIVE ENGINEERING
           FIGURE 68 IAV AUTOMOTIVE ENGINEERING: SERVICES PORTFOLIO
             13.1.13 ALTRAN
           FIGURE 69 ALTRAN: MULTIPLE CLIENT SUCCESS STORIES OF ALTRAN IN 2019
           FIGURE 70 ALTRAN: COMPANY SNAPSHOT
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies. 
     13.2 OTHER PLAYERS
             13.2.1 IMAGINATIVE AUTOMOTIVE ENGINEERING SERVICES
             13.2.2 ONWARD TECHNOLOGIES
             13.2.3 AUTOMOTIVE ENGINEERING SERVICES (AES)
             13.2.4 KISTLER
             13.2.5 CONTINENTAL ENGINEERING SERVICES
             13.2.6 EDAG
             13.2.7 ESI GROUP
             13.2.8 SEMCON
             13.2.9 SEGULA TECHNOLOGIES
             13.2.10 GLOBALLOGIC
             13.2.11 EPAM SYSTEMS
             13.2.12 BELCAN

14 APPENDIX (Page No. - 264)
     14.1 KEY INSIGHTS OF INDUSTRY EXPERTS
     14.2 DISCUSSION GUIDE
     14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     14.4 AVAILABLE CUSTOMIZATIONS
     14.5 RELATED REPORTS
     14.6 AUTHOR DETAILS

Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across value chains through primary research. The top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation processes were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources were used to identify and collect information for this study on the automotive engineering services market. The secondary sources included annual reports, press releases, and investor presentations of companies; whitepapers, certified publications, and articles from recognized authors, directories, and databases; and articles from recognized associations and government publishing sources.

Primary Research

Extensive primary research was conducted after acquiring an understanding of the automotive engineering services market scenario through secondary research. Several primary interviews were conducted with market experts from both the demand (OEMs, automotive engineering services providers, Tier 1 companies) and supply (OEMs, software providers, and component manufacturers) sides across four major regions, namely, North America, Europe, Asia Pacific, and the Rest of the World. Approximately 52% and 48% of primary interviews were conducted from the demand and supply sides, respectively. Primary data was collected through questionnaires, emails, and telephonic interviews. In the canvassing of primaries, various departments within organizations were covered, such as sales, operations, and administration, to provide a holistic viewpoint in this report.

After interacting with industry experts, brief sessions with highly experienced independent consultants were also conducted to reinforce the findings from primaries. This, along with the in-house subject-matter experts’ opinions, led to the findings as described in the remainder of this report.

Automotive Engineering Services Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The top-down approach was used to estimate and validate the size of the automotive engineering services market. In this approach, the total market size was derived by calculating the ER&D spending of key market players.

After deriving the total market size, the market at the regional level was calculated by breaking down the market share for each region. The country-level market was derived by using a percentage split of automotive engineering services at the country level. The percentage split of the regional-level market size gives the country-level market size. All country-level data was added to derive the global automotive engineering services market by application, service type, location, and vehicle type.

Data Triangulation

All percentage shares, splits, and breakdowns were determined using secondary sources and verified by primary sources. All parameters that are said to affect the markets covered in this research study were accounted for, viewed in extensive detail, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated, enhanced with detailed inputs and analysis from MarketsandMarkets, and presented in the report. The following figure is an illustrative representation of the overall market size estimation process employed for this study.

Report Objectives

  • To define, describe, and project the automotive engineering services market in terms of value
    (USD million)
  • To define, describe, and forecast the market based on service type, application, vehicle type, location, and region
  • To analyze the regional markets for growth trends, prospects, and their contribution to the overall market
  • To segment and forecast the market by service type (concept/research, designing, prototyping, system integration, and testing)
  • To segment and forecast the market by application (ADAS and safety; electrical, electronics, and body controls; chassis; connectivity services; interior, exterior, and body engineering; powertrain and exhaust; simulation; and others [portfolio management, acoustic engineering, energy consulting, quality management, and product lifecycle])
  • To segment and forecast the market by location (in-house and outsource)
  • To segment and forecast the market by vehicle type (passenger cars and commercial vehicles)
  • To forecast the market with respect to key regions, namely, North America, Europe, Asia Pacific, and the Rest of the World
  • To provide detailed information regarding the major factors influencing market growth
    (drivers, restraints, opportunities, and challenges)
  • To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
  • To analyze the impact of COVID-19 on the market and its stakeholders
  • To track and analyze competitive developments, such as joint ventures, acquisitions, new product developments, partnerships, collaborations, agreements, supply contracts, and expansions, in the automotive engineering services market

Available Customizations

Along with the market data, MarketsandMarkets offers customizations in line with a company’s specific needs.

  • Automotive engineering services market, by vehicle type at country-level (for countries covered in the report)
  • Automotive engineering services market, by the application at country-level (for countries covered in the report)

Company Information:

  • Profiling of additional market players (Up to 5)
COVID-19

Get in-depth analysis of the COVID-19 impact on the Automotive Engineering Services Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Automotive Engineering Services Market

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Report Code
AT 7228
Published ON
Apr, 2021
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