09 November 2020
Visiongain’s new report the Automotive Engineering Services Market Report 2020-2030: Forecasts by Location (In-house and Outsource), by Application (ADAS and Safety Systems, Vehicle Electronics, Electrification, and Body Controls, Chassis Systems, Vehicle Connectivity Services, and Others), by Vehicle Type (Passenger Cars and Commercial Vehicle), by Region, Country and Profiles of Leading Companies.
The lead analyst of the report said: "The automotive engineering services market is about to enter a period of phenomenal growth and innovation. The next ten years will see the upsurge demand of automotive engineering services.
Automotive engineering services are carried out to easily handle the operations and maintenance of the vehicle. The automotive engineering services are provided in the applications of ADAS and safety systems, vehicle electronics, electrification, and body controls, chassis systems, vehicle connectivity services. The automotive engineering services are the designing, developing, prototyping, system integration, and testing of various automotive parts, systems, and overall vehicle.
In the current market scene, increase in innovation and development in autonomous and connected vehicles, increase in demand for connected services in vehicles, increase in production and sales of electric and hybrid vehicles, growing demand for vehicle and engine downsizing, stringent government regulations for automotive OEMs regarding safety and emission, increase in electrification of vehicles are the key factors which drive the growth of automotive engineering services market during the forecast period. Increase in innovation and development in vehicle testing and failure, increase in demand for emergency and accidents services, increase in adoption of vehicle virtual maintenance are the factors which are further expected to increase the opportunities for the manufacturers during the forecast period.
The XX page report contains 120 tables and 254 graphs that add visual analysis in order to explain developing trends within the automotive engineering services market. Visiongain reports showcased a growth of $XX bn during the forecast period 2020-2030 for the automotive engineering services submarkets, namely by location, application, and vehicle type.
The XX page report offers market forecasts and analysis for 24 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering more than 15 companies leading the field in automotive engineering services.
Who Are The Leading 15 Automotive Engineering Services Companies?
• Alten Cresttek
• HCL Technologies
• Tech Mahindra
• Bertrandt AG
• L&T Technology Services
• Akka Technologies
• IAV Automotive Engineering
• Onward Technologies
The global automotive engineering services market 2020-2030 report will be of value to anyone who wants to better understand the automotive engineering services market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the automotive engineering services industry.
Notes for Editors
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