Press release
Automotive Engineering Services Market Size, Share, Growth, Trends, Industry Analysis, Outlook, Forecast, Report 2023-2028
Automotive Engineering Services Market
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.
Get a Free Sample Report with Table of Contents@ https://www.expertmarketresearch.com/reports/automotive-engineering-services-market/requestsample
The key highlights of the report include:
Market Overview (2018-2028)
• Historical Market Size (2022): USD 195.9 Billion
• Forecast CAGR (2023-2028): 12.1%
The automotive engineering services market is driven by factors such as autonomous vehicles, the introduction of 5G networks in the automotive industry, OEM and government focus on electric vehicles, use of advanced technology, concerns about vehicle and passenger safety, and vehicle light-weighting.
The market is also growing due to increased awareness and demand for technological solutions in automotive, such as connection and collision avoidance sensors, among other things. The global market is being driven by rising requirements for lightweight vehicles as the government and manufacturers focus on designing and developing lightweight vehicles to make vehicles more fuel-efficient, along with the rising requirements for safety-related systems as a result of government regulations.
Automotive Engineering Services Industry Definition and Major Segments
Automotive engineering is a subset of vehicle engineering that includes electrical, electronics, mechanical, software, and sophisticated safety features. Automobile and commercial vehicle engineering services are utilised in the design, development, manufacturing, and operation of automobiles and commercial vehicles. Furthermore, these services are aimed at improving the manufacturing process and protecting vehicle economy.
Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/automotive-engineering-services-market
The various types of services provided by the market are:
• Designing
• Prototyping
• System Integration
• Testing
The major applications of the market are:
• ADAS and Safety
• Electrical, Electronics, and Body Controls
• Chassis
• Connectivity Services,
• Interior, Exterior, and Body Engineering
• Powertrain and Exhaust
• Simulation
• Others
Based on location, the market is divided into:
• In-House
• Outsource
The several types of vehicles are:
• Passenger Car
• Commercial Vehicle
On the basis of region, the market is segmented into:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Automotive Engineering Services Market Trends
As the usage of electric and hybrid vehicles grows, so does the production of these vehicles, which is likely to drive the global market expansion over the forecast period. The major factors that boost the global automotive engineering services market are the growing competition in the automobile industry among auto OEMs and the increasing focus on enhancing key capabilities among auto OEMs.
Other factors driving this market's growth include rising sales of electric vehicles, increasing investments in research and development in the automotive industry, and stringent government policies and regulations for internal combustion engine (ICE) vehicles. In addition, the advent of autonomous vehicles is offering considerable growth opportunities for automotive engineering service providers.
Key Market Players
The major players in the market are Harman International Industries, Inc., Capgemini Services SAS, Bertrandt Ag, L&T Technology Services Limited, Fev Group Gmbh, Akka Technologies SE, HCL Technologies Limited, Ingenieurgesellschaft Auto und Verkehr GmbH (IAV GmbH), Tech Mahindra Limited, and CRESTTEK LLC, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:
Laser Hair Removal Market: https://www.digitaljournal.com/pr/global-laser-hair-removal-market-to-be-driven-by-rising-disposable-income-in-india-and-china-in-the-forecast-period-of-2021-2026-2
Smart Building Market: https://www.digitaljournal.com/pr/global-smart-building-market-to-be-driven-by-the-development-of-iot-enabled-buildings-in-the-forecast-period-of-2021-2026-2
Automotive Cyber Security Market: https://www.digitaljournal.com/pr/global-automotive-cyber-security-market-to-be-driven-by-the-increasing-government-mandates-in-the-forecast-period-of-2022-2027-2
Precious Metals Market: https://www.digitaljournal.com/pr/global-precious-metals-market-to-be-driven-by-the-growth-of-its-end-use-sectors-in-the-forecast-period-of-2021-2026-2
Well Testing Services Market: https://www.digitaljournal.com/pr/global-well-testing-services-market-size-to-grow-at-a-cagr-of-3-in-the-forecast-period-of-2022-2027
Canine Arthritis Treatment Market: https://www.marketwatch.com/press-release/canine-arthritis-treatment-market-size-share-price-trends-industry-analysis-report-forecast-2023-2028-2023-02-08?mod=search_headline
India Vinyl Flooring Market: https://www.digitaljournal.com/pr/india-vinyl-flooring-market-to-be-driven-by-the-robust-development-of-commercial-and-residential-structures-in-the-forecast-period-of-2023-2028-2
Sodium Alginates Market: https://www.digitaljournal.com/pr/global-sodium-alginates-market-size-to-grow-at-a-cagr-of-4-in-the-forecast-period-of-2022-2027
Medical Education Market: https://www.marketwatch.com/press-release/medical-education-market-size-share-growth-industry-analysis-report-and-forecast-2022-2027-2023-01-11?mod=search_headline
Cervical Pillows Market: https://www.marketwatch.com/press-release/cervical-pillows-market-share-size-price-trends-growth-analysis-report-forecast-2023-2028-2023-01-24?mod=search_headline
Media Contact
Company Name: Claight Corporation
Contact Person: Steven Luke, Corporate Sales Specialist - U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
About Us:
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Engineering Services Market Size, Share, Growth, Trends, Industry Analysis, Outlook, Forecast, Report 2023-2028 here
News-ID: 2921204 • Views: …
More Releases from Expert Market Research
Online Music Education Market Size, Growth & Trends (2026-2035)
The online music education market has been rapidly evolving, driven by the increasing popularity of digital platforms and the growing demand for music learning from individuals across different age groups. The market was valued at USD 4.27 Billion in 2025 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 13.20% during the forecast period of 2026-2035, reaching a staggering valuation of USD 14.75 Billion by 2035.…
Global Doors Market Trends (2026-2035): Growth, Drivers, and Future Outlook
The global doors market, valued at approximately USD 164.72 billion in 2025, is set to experience significant growth in the coming years. With a projected CAGR of 5.10% from 2026 to 2035, the market is expected to reach USD 270.88 billion by 2035. The increasing demand for energy-efficient solutions, growing construction activities, and rising investments in residential and commercial infrastructure are major factors fueling this growth. Let's explore the key…
India Vaccine Market Forecast to Hit INR 300.32B by 2035
What is driving the growth of the India vaccine market, and what are the key trends shaping its future?
The India vaccine market is experiencing significant growth due to the country's large population, high prevalence of infectious diseases, and increasing focus on local vaccine production and immunization programs. Valued at INR 129.21 Billion in 2025, the market is projected to grow at a CAGR of 8.80% during 2026-2035, reaching INR 300.32…
Cell and Gene Therapy Market Projected to Grow to USD 172B by 2035
What is driving the growth of the global cell and gene therapy market, and how is it expected to evolve by 2035?
The global cell and gene therapy market is witnessing rapid expansion due to increasing clinical trials, robust regulatory support, and breakthroughs in biotechnology. Valued at USD 21.43 Billion in 2025, the market is expected to grow at a CAGR of 23.17% from 2026 to 2035, reaching USD 172.22 Billion…
More Releases for Services
Managed Services by Ensure Services
Ensure Services is a leading managed services provider offering comprehensive IT support and solutions designed to streamline operations, improve efficiency, and reduce operational costs for businesses of all sizes. Our managed services are tailored to meet the unique needs of your organization, ensuring you can focus on your core business while we handle your IT infrastructure.
With years of experience and a team of certified professionals, we deliver proactive monitoring, ongoing…
Electrical Services Market Next Big Thing | Major Giants SSI Electrical Services …
A new business intelligence report released by AMA with title "Electrical Services Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Electrical Services Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and…
North & South America Commercial Services Market 2022 (Employment Services, Offi …
The Business Research Company’s Commercial Services Global Market Report 2019 covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. Ratios of market size and growth to related markets, GDP proportions, and expenditure per capita for the market is detailed in the report. Data and analysis throughout the…
AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & …
Kunal Repair & Services is growing on-demand home services platform in India and we are currently operating in Gurgaon. We offer an array of services which include AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & Repair, R.O Services & Repair, Microwave Services & Repair, Geyser Services & Repair. Our operating philosophy for solving this massive problem is - Right price.
To know why we do what we…
Electrical Services Market Technology and Outlook 2023 Top Companies are Allianc …
A report added to the rich database of Qurate Business Intelligence, titled “Global Electrical Services Market Size, Status and Forecast 2023”, provides a 360-degree overview of the worldwide market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the data reliable in context…
Electrical Services Market Size 2018: Alliance Electrical Services, Housejoy, Te …
In 2017, the global Electrical Services market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.
This report focuses on the global Electrical Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Electrical Services development in United States, Europe and China.
Get Sample Copy of this report @ http://www.orbisresearch.com/contacts/request-sample/2311492…
