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Global Automotive Engineering Services Outsourcing (ESO) Market Growth (Status and Outlook) 2024-2030

Global Automotive Engineering Services Outsourcing (ESO) Market Growth (Status and Outlook) 2024-2030

Product Code:784786

Published Date: Jun 20,2024

Pages: 131

Region: Global

Category: Automobile & Transportation

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Automotive Engineering services outsourcing refers to the use of the technology and services connected to the company's core engineering process, such as auto design, computer-aided manufacturing, and design, to produce new-age engineering products at a low cost and with a competitive advantage.

The global Automotive Engineering Services Outsourcing (ESO) market size is projected to grow from US$ 94770 million in 2024 to US$ 169140 million in 2030; it is expected to grow at a CAGR of 10.1% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Automotive Engineering Services Outsourcing (ESO) Industry Forecast” looks at past sales and reviews total world Automotive Engineering Services Outsourcing (ESO) sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Engineering Services Outsourcing (ESO) sales for 2023 through 2029. With Automotive Engineering Services Outsourcing (ESO) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Engineering Services Outsourcing (ESO) industry.

This Insight Report provides a comprehensive analysis of the global Automotive Engineering Services Outsourcing (ESO) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Automotive Engineering Services Outsourcing (ESO) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Engineering Services Outsourcing (ESO) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Engineering Services Outsourcing (ESO) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Engineering Services Outsourcing (ESO).

Global key players of Automotive Engineering Services Outsourcing (ESO) include AVL List GmbH, Bertrandt, IAV GmbH, EDAG Group, FEV Group, etc. The top five players hold a share about 6%. Asia-Pacific is the largest market, and has a share about 43%, followed by Europe and North America with share 25% and 24%, separately. In terms of product type, Prototyping is the largest segment, occupied for a share of 31%. In terms of application, OEMs has a share about 69 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Engineering Services Outsourcing (ESO) market by product type, application, key players and key regions and countries.

Segmentation by Type:
    Designing
    Prototyping
    System Integration
    Testing
    Others

Segmentation by Application:
    OEMs
    Component Suppliers
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

Segmentation by Type:
    Designing
    Prototyping
    System Integration
    Testing
    Others

Segmentation by Application:
    OEMs
    Component Suppliers
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    AVL List GmbH
    Bertrandt
    IAV GmbH
    EDAG Group
    FEV Group
    Cognizant
    Capgemini
    AKKA Technologies
    Alten
    RLE International Group
    HCL Technologies
    CAERI
    Tech Mahindra Limited
    ASAP Holding GmbH
    FERCHAU
    ARRK Engineering
    in-tech
    Horiba
    ITK Engineering