Press release
Automotive Engineering Services Market Size 2025: Global Share, Industry And Report Analysis By 2031 | Green Revolution Cooling,Inc. LiquidStack Holding B.V. Modine Manufacturing Company
Automotive engineering services market is anticipated to grow at a significant CAGR of 13.7% during the forecast period (2024-2031). The market growth is attributed to pivotal factors such as increasing interest in electric vehicles, increased emphasis on R&D in the automotive industry, and strict government laws designed to reduce vehicle emissions. According to the Alliance for Automotive Innovation (AAI), in November 2022, the combined automotive ecosystem drives more than $1.0 trillion into the US economy each year - 4.9% of GDP. More than $220.0 billion in federal and state revenue is generated annually by the manufacturing, sale, and maintenance of automobiles in the US.Get Free Sample link @ https://www.omrglobal.com/request-sample/automotive-engineering-services-market
Customers can use the manufacturer's mobile app to remotely monitor and manage their car owing to connected services included inside automobiles. With the use of a phone, the user may locate their cars with ease. Using connected services technology, the user may also open the doors, check the mileage of the car, and warm up the batteries. Various car manufacturers provide distinct connected services with specialized smartphone apps and features. For instance, Audi offers a smartphone app called My Audi and a connected service called Audi Connect. Therefore, the growth of the automotive engineering services market is expected to be fueled by the development of linked services by OEM standards.
full report of Automotive Engineering Services Market available @ https://www.omrglobal.com/industry-reports/automotive-engineering-services-market
• Market Coverage
• Market number available for - 2025-2031
• Base year- 2025
• Forecast period- 2025-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others
Global Automotive Engineering Services Market Report Segment
By Vehicle Type
• Passenger Cars
• Commercial Vehicle
By Service
• Concept/Research
• Designing
• Prototyping
• System Integration
• Testing
By Application
• ADAS And Safety
• Electrical, Electronics, And Body Controls
• Chassis
• Connectivity Services
• Interior, Exterior, And Body Engineering
• Powertrain And Exhaust
• Simulation
• Battery Development And Management
• Charger Testing
• Motor Controls
• Others (Wheel Assembly And Autonomous System)
Global Automotive Engineering Services Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
The Report Covers
• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the automotive engineering services market. Based on the availability of data, information related to new service deployment, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/automotive-engineering-services-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
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