자동차 엔지니어링 서비스 프로바이더 2023년 시장 규모는 1,732억 달러로 평가되며, 2024년 1,849억 8,000만 달러에서 2032년 3,131억 달러로 예측 기간(2025-2032년) 동안 6.8%의 CAGR로 성장할 것으로 예상됩니다.
향상된 커넥티비티 솔루션은 원격 진단 및 고급 인포테인먼트 시스템과 같은 다양한 기능을 제공함으로써 자동차 엔지니어링 서비스 시장을 크게 강화하고 있습니다. 이러한 기능의 급격한 증가는 이 분야의 강력한 성장을 촉진하고 예측 기간 동안 시장 규모를 확대할 것으로 예상됩니다. 자동차 부품의 개발, 설계, 테스트, 유지보수를 포괄하는 자동차 엔지니어링 서비스는 변속기 및 엔진 서비스, 섀시 개조, 부품 업그레이드 등 다양한 분야에서 높은 인기를 얻고 있습니다. 이러한 서비스는 컨셉부터 운영 단계까지 완벽한 통합을 보장합니다. 또한, 자동차 엔지니어링의 내재화 추세는 벤더들이 부품을 자체적으로 관리하도록 동기를 부여하여 시장 매출과 수요를 견인하고 있습니다.
Automotive Engineering Service Provider Market size was valued at USD 173.2 billion in 2023 and is poised to grow from USD 184.98 billion in 2024 to USD 313.1 billion by 2032, growing at a CAGR of 6.8% during the forecast period (2025-2032).
Improved connection solutions are significantly enhancing the automotive engineering services market by offering a broad spectrum of functionalities, such as remote diagnostics and advanced infotainment systems. This surge in capability is expected to catalyze robust growth within the sector, leading to an enlargement of market size throughout the forecast period. Automotive engineering services, which encompass the development, design, testing, and maintenance of automotive components, are highly sought after for their diverse applications, including transmission and engine services, chassis modifications, and component upgrades. These services ensure seamless integration from concept to operational phase. Furthermore, the trend of in-house automotive engineering is gaining traction, motivating vendors to manage components internally, thereby driving sales and demand in the marketplace.
Top-down and bottom-up approaches were used to estimate and validate the size of the Automotive Engineering Service Provider market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Automotive Engineering Service Provider Market Segments Analysis
Global Automotive Engineering Service Provider Market is segmented by Service, Application, Vehicle Type and region. Based on Service, the market is segmented into Engine, Chassis, Transmission, Car And BIW, Seating Systems, Cooling And HVAC, Interior And Exterior Trims and Others. Based on Application, the market is segmented into Mechanical, Electrical & Electronics, Software and Safety. Based on Vehicle Type, the market is segmented into Passenger Car, Commercial Vehicle and Two-Wheeler. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Automotive Engineering Service Provider Market
The automotive sector is undergoing a significant transformation fueled by advancements in automotive engineering services, particularly due to the demand for advanced and autonomous connectivity features. In response, car manufacturers are expanding into the automotive engineering service domain to acquire essential skills and offer enhanced vehicle software and electronic services. This shift aims to address the increasing consumer appetite for connected vehicles, allowing manufacturers to remain competitive and innovative in an evolving marketplace. By embracing these changes, they are positioning themselves to meet rising expectations for functionality and performance in modern automobiles.
Restraints in the Automotive Engineering Service Provider Market
The automotive engineering service provider market faces significant constraints due to the substantial investments required for these services, which may deter some automotive companies from engaging with them. As many firms grapple with budget limitations, the rising adoption of advanced engineering technologies and the increasing demand for innovative engineering solutions will further escalate expenses. This trend can hinder the growth potential of the automotive engineering service provider market, as not all companies are prepared to allocate the necessary capital to enhance their engineering capabilities. Consequently, budgetary concerns may restrict participation in this sector, impacting overall market expansion.
Market Trends of the Automotive Engineering Service Provider Market
The Automotive Engineering Service Provider (AESP) market is witnessing a significant trend driven by the surging demand for connected services within the automotive industry. As manufacturers prioritize the integration of advanced connected features-such as remote monitoring and smart applications-AESP companies stand to benefit substantially. Innovations like Audi's My Audi app exemplify the industry's shift towards connectivity, paving the way for engineering providers to develop compliant solutions that enhance user experience. Additionally, the ongoing electrification of vehicles and an increasing emphasis on safety technologies promise to further expand growth opportunities. The convergence of these factors positions AESP market players for sustained long-term success.