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Automotive Engineering Services Outsourcing Market Size - By Services (Design and Engineering, Prototyping, Testing and Validation, Manufacturing Engineering), By Application, By Location, By End-User & Forecast, 2024 - 2032
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- AKKA Technologies
- Altair Engineering Inc.
- Alten Group
- Altran Technologies
- ARRK Product Development Group
- ASAP Holding GmbH
- AVL List GmbH
- Bertrandt AG
- Capgemini SE
- EDAG Engineering Group AG
- ESG GmbH
- FEV Group GmbH
- Horiba Ltd.
- IAV GmbH
- ITK Engineering GmbH
- L&T Technology Services Limited
- Ricardo plc
- RLE International Group
- Tata Technologies Limited
- Tech Mahindra Limited
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Automotive Engineering Services Outsourcing Market size is poised to depict 6% CAGR from 2024-2032, due to the rising push towards electrification and the significant demand for specialized engineering services. Of late, automotive companies are outsourcing engineering tasks related to battery technology, power electronics, and electric drivetrains to access the necessary expertise. The development and testing of new battery technologies and management systems has also grown critical to areas where outsourcing is prominent. The surge in strategic partnerships and alliances with engineering service providers for collaborative innovation and co-development of new technologies will also boost the market expansion.
The automotive engineering services outsourcing industry is segmented into services, application, location, end-user, and region.
In terms of services, the market value from the testing and validation segment will witness notable CAGR through 2032. The growth can be attributed to the increasing complexity of automotive systems along with the easy access to specialized expertise and advanced facilities. As the automotive industry is continuing to evolve with new technologies and regulatory challenges, outsourcing testing and validation services will be a critical strategy to ensure safety and quality.
With respect to location, the automotive engineering services outsourcing industry from the offshore segment is expected to expand from 2024 to 2032. Offshore engineering service providers offer access to a vast pool of skilled engineers and technical experts. These professionals also bring specialized knowledge and expertise in various domains, such as electrical engineering, software development, and mechanical design. Moreover, outsourcing non-core engineering tasks allows automotive companies to focus on their core competencies like design innovation, marketing, and strategic planning.
Regionally, the Europe automotive engineering services outsourcing market size is expected to observe steady growth from 2024 to 2032 owing to the growing developments in autonomous driving technologies along with extensive R&D efforts. The shift towards EVs across the region is accelerating the preference for outsourcing engineering services. The growing focus of companies on seeking specialized expertise to develop battery technology, power electronics, and electric drivetrains will favor the regional industry growth.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Research design
- 1.1.1 Research approach
- 1.1.2 Data collection methods
- 1.2 Base estimates and calculations
- 1.2.1 Base year calculation
- 1.2.2 Key trends for market estimates
- 1.3 Forecast model
- 1.4 Primary research & validation
- 1.4.1 Primary sources
- 1.4.2 Data mining sources
- 1.5 Market definitions
Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis, 2021 - 2032
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.2 Supplier landscape
- 3.2.1 Component suppliers
- 3.2.2 Manufacturers
- 3.2.3 Service providers
- 3.2.4 Technology providers
- 3.3 Profit margin analysis
- 3.4 Technology & innovation landscape
- 3.5 Patent analysis
- 3.6 Key news & initiatives
- 3.7 Regulatory landscape
- 3.8 Impact forces
- 3.8.1 Growth drivers
- 3.8.1.1 Rapidly growing technological advancements in areas like EVs
- 3.8.1.2 Growing focus on cost efficiency
- 3.8.1.3 Rising focus on accessing specialized expertise and services
- 3.8.1.4 Increasing complexity of automotive systems
- 3.8.2 Industry pitfalls & challenges
- 3.8.2.1 Quality and consistency issues
- 3.8.2.2 Concerns around protecting proprietary technologies, designs, and intellectual property
- 3.9 Growth potential analysis
- 3.10 Porter's analysis
- 3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Services, 2021 - 2032 ($Mn)
- 5.1 Key trends
- 5.2 Design and engineering
- 5.3 Prototyping
- 5.4 Testing and validation
- 5.5 Manufacturing engineering
- 5.6 Others
Chapter 6 Market Estimates & Forecast, By Application, 2021 - 2032 ($Mn)
- 6.1 Key trends
- 6.2 Body and exterior
- 6.3 Powertrain and drivetrain
- 6.4 Infotainment and telematics
- 6.5 ADAS and autonomous driving
- 6.6 Other
Chapter 7 Market Estimates & Forecast, By Location, 2021 - 2032 ($Mn)
- 7.1 Key trends
- 7.2 Onshore outsourcing
- 7.3 Offshore outsourcing
Chapter 8 Market Estimates & Forecast, By End-user, 2021 - 2032 ($Mn)
- 8.1 Key trends
- 8.2 OEMs
- 8.3 Tier 1, Tier 2 and Tier 3 suppliers
- 8.4 Aftermarket companies
Chapter 9 Market Estimates & Forecast, By Region, 2021 - 2032 (($Mn)
- 9.1 Key trends
- 9.2 North America
- 9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 ANZ
- 9.4.6 Rest of Asia Pacific
- 9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Argentina
- 9.5.4 Rest of Latin America
- 9.6 MEA
- 9.6.1 South Africa
- 9.6.2 UAE
- 9.6.3 Saudi Arabia
- 9.6.4 Rest of MEA
Chapter 10 Company Profiles
- 10.1 AKKA Technologies
- 10.2 Altair Engineering Inc.
- 10.3 Alten Group
- 10.4 Altran Technologies
- 10.5 ARRK Product Development Group
- 10.6 ASAP Holding GmbH
- 10.7 AVL List GmbH
- 10.8 Bertrandt AG
- 10.9 Capgemini SE
- 10.10 EDAG Engineering Group AG
- 10.11 ESG GmbH
- 10.12 FEV Group GmbH
- 10.13 Horiba Ltd.
- 10.14 IAV GmbH
- 10.15 ITK Engineering GmbH
- 10.16 L&T Technology Services Limited
- 10.17 Ricardo plc
- 10.18 RLE International Group
- 10.19 Tata Technologies Limited
- 10.20 Tech Mahindra Limited
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