The Automotive engineering service market is expected to grow at a significant CAGR in the period from 2021 to 2027. Automobile manufacturers and Tier 1 suppliers have poured a lot of money into creating next-generation linked cars. In luxury cars and SUVs, IoT gadgets, ultrasonic sensors, and high-definition cameras are ubiquitous. All of these components combine to form an eco-system that can link to the outside world and share data in order to improve the in-car experience. An onboard computer processes the data to give features like seamless navigation and tailored entertainment systems. The information may also be used to assess the vehicle’s state and health in order to plan maintenance, which can help to avoid unexpected engine problems.
The automotive engineering services market is being 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 lightweighting.
(Get 15% Discount on Buying this Report)
A full report of Global Automotive engineering service Market is available at: https://www.orionmarketreports.com/automotive-engineering-service-market/59591/
The following Segmentation are covered in this report:
By vehicle type
- Passenger cars
- Commercial vehicles
By service type
- Concept/Research
- Designing
- Prototyping
- System Integration
- Testing
By location
- In-house
- Outsource
By application
- ADAS and Safety
- Electrical, Electronics, and Body Controls
- Chassis
- Connectivity Services
- Interior, Exterior, and Body Engineering
- Powertrain and Exhaust
- Simulation
- Battery Development & Management
- Charger Testing
- Motor Control
- Others (portfolio management, acoustic engineering, energy consulting, quality management, and product lifecycle)
By Region
North America:
- US
- Canada
Europe:
- France
- Italy
- Germany
- UK
- Rest of Europe
Asia Pacific:
- India
- China
- Japan
- Australia
- Rest of APAC
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automotive engineering service Market.
- The market share of the global Automotive engineering service Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive engineering service Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive engineering service Market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
