Automotive Engineering Service Providers (ESP) Market 2025-2029
The automotive engineering service providers (ESP) market is forecasted to grow by USD 12091.9 mn during 2024-2029, accelerating at a CAGR of 9.8% during the forecast period. The report on the automotive engineering service providers (ESP) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing digitization and electrification of automobiles, rising demand for advanced vehicle connectivity solutions, and development of alternative powertrain technology.
Technavio's automotive engineering service providers (ESP) market is segmented as below:
By Application
- In-house
- Out-source
- Powertrain
- Complete vehicle
- Electrical/electronics
- Others
- Europe
- APAC
- North America
- South America
- Middle East and Africa
The report on the automotive engineering service providers (ESP) market covers the following areas:
- Automotive Engineering Service Providers (ESP) Market sizing
- Automotive Engineering Service Providers (ESP) Market forecast
- Automotive Engineering Service Providers (ESP) Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
- Executive Summary
- Market overview
- Table Executive Summary - Data Table on Market Overview
- Table Executive Summary - Data Table on Incremental Growth
- Market overview
- Technavio Analysis
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Criticality of inputs and Factors of differentiation
- Factors of disruption
- Impact of drivers and challenges
- Market Landscape
- Market ecosystem
- Table Data Table on - Parent Market
- Market characteristics
- Value chain analysis
- Market ecosystem
- Market Sizing
- Market definition
- Market segment analysis
- Market size 2024
- Market outlook: Forecast for 2024-2029
- Table Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Table Data Table on Global Market: Year-over-year growth 2024-2029 (%)
- Historic Market Size
- Global Automotive Engineering Service Providers (ESP) Market 2019 - 2023
- Table Historic Market Size - Data Table on Global Automotive Engineering Service Providers (ESP) Market 2019 - 2023 ($ million)
- Application segment analysis 2019 - 2023
- Product Type segment analysis 2019 - 2023
- Geography segment analysis 2019 - 2023
- Country segment analysis 2019 - 2023
- Global Automotive Engineering Service Providers (ESP) Market 2019 - 2023
- Qualitative Analysis
- The AI impact on Global Automotive Engineering Service Providers (ESP) Market
- Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
- Market Segmentation by Application
- Market segments
- Table Data Table on Application - Market share 2024-2029 (%)
- Comparison by Application
- Table Data Table on Comparison by Application
- In-house - Market size and forecast 2024-2029
- Table Data Table on In-house - Market size and forecast 2024-2029 ($ million)
- Table Data Table on In-house - Year-over-year growth 2024-2029 (%)
- Out-source - Market size and forecast 2024-2029
- Table Data Table on Out-source - Market size and forecast 2024-2029 ($ million)
- Table Data Table on Out-source - Year-over-year growth 2024-2029 (%)
- Market opportunity by Application
- Table Data Table on Market opportunity by Application ($ million)
- Market segments
- Market Segmentation by Product Type
- Market segments
- Table Data Table on Product Type - Market share 2024-2029 (%)
- Comparison by Product Type
- Table Data Table on Comparison by Product Type
- Powertrain - Market size and forecast 2024-2029
- Table Data Table on Powertrain - Market size and forecast 2024-2029 ($ million)
- Table Data Table on Powertrain - Year-over-year growth 2024-2029 (%)
- Complete vehicle - Market size and forecast 2024-2029
- Table Data Table on Complete vehicle - Market size and forecast 2024-2029 ($ million)
- Table Data Table on Complete vehicle - Year-over-year growth 2024-2029 (%)
- Electrical/electronics - Market size and forecast 2024-2029
- Table Data Table on Electrical/electronics - Market size and forecast 2024-2029 ($ million)
- Table Data Table on Electrical/electronics - Year-over-year growth 2024-2029 (%)
- Others - Market size and forecast 2024-2029
- Table Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Table Data Table on Others - Year-over-year growth 2024-2029 (%)
- Market opportunity by Product Type
- Table Data Table on Market opportunity by Product Type ($ million)
- Market segments
- Customer Landscape
- Customer landscape overview
- Geographic Landscape
- Geographic segmentation
- Table Data Table on Market share by geography 2024-2029 (%)
- Geographic comparison
- Table Data Table on Geographic comparison
- Europe - Market size and forecast 2024-2029
- Table Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Table Data Table on Europe - Year-over-year growth 2024-2029 (%)
- APAC - Market size and forecast 2024-2029
- Table Data Table on APAC - Market size and forecast 2024-2029 ($ million)
- Table Data Table on APAC - Year-over-year growth 2024-2029 (%)
- North America - Market size and forecast 2024-2029
- Table Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Table Data Table on North America - Year-over-year growth 2024-2029 (%)
- South America - Market size and forecast 2024-2029
- Table Data Table on South America - Market size and forecast 2024-2029 ($ million)
- Table Data Table on South America - Year-over-year growth 2024-2029 (%)
- Middle East and Africa - Market size and forecast 2024-2029
- Table Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Table Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- US - Market size and forecast 2024-2029
- Table Data Table on US - Market size and forecast 2024-2029 ($ million)
- Table Data Table on US - Year-over-year growth 2024-2029 (%)
- Germany - Market size and forecast 2024-2029
- Table Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Table Data Table on Germany - Year-over-year growth 2024-2029 (%)
- UK - Market size and forecast 2024-2029
- Table Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Table Data Table on UK - Year-over-year growth 2024-2029 (%)
- China - Market size and forecast 2024-2029
- Table Data Table on China - Market size and forecast 2024-2029 ($ million)
- Table Data Table on China - Year-over-year growth 2024-2029 (%)
- India - Market size and forecast 2024-2029
- Table Data Table on India - Market size and forecast 2024-2029 ($ million)
- Table Data Table on India - Year-over-year growth 2024-2029 (%)
- France - Market size and forecast 2024-2029
- Table Data Table on France - Market size and forecast 2024-2029 ($ million)
- Table Data Table on France - Year-over-year growth 2024-2029 (%)
- Japan - Market size and forecast 2024-2029
- Table Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Table Data Table on Japan - Year-over-year growth 2024-2029 (%)
- Canada - Market size and forecast 2024-2029
- Table Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Table Data Table on Canada - Year-over-year growth 2024-2029 (%)
- Italy - Market size and forecast 2024-2029
- Table Data Table on Italy - Market size and forecast 2024-2029 ($ million)
- Table Data Table on Italy - Year-over-year growth 2024-2029 (%)
- Malaysia - Market size and forecast 2024-2029
- Table Data Table on Malaysia - Market size and forecast 2024-2029 ($ million)
- Table Data Table on Malaysia - Year-over-year growth 2024-2029 (%)
- Market opportunity by geography
- Table Data Tables on Market opportunity by geography ($ million)
- Geographic segmentation
- Drivers, Challenges, and Opportunity/Restraints
- Market drivers
- Increasing digitization and electrification of automobiles
- Rising demand for advanced vehicle connectivity solutions
- Development of alternative powertrain technology
- Market challenges
- Increasing cost pressure on automotive OEMs
- Frequent changes in market dynamics lead to increase in order backlog
- Rising cybersecurity threats
- Impact of drivers and challenges
- Market opportunities/restraints
- Development of autonomous vehicles
- Fully integrated engineering data process chain for additive manufacturing
- Industry 4.0 gaining traction in automotive industry
- Market drivers
- Competitive Landscape
- Overview
- Competitive Landscape
- Landscape disruption
- Industry risks
- Competitive Analysis
- Companies profiled
- Company ranking index
- Market positioning of companies
- Adecco Group AG
- Altair Engineering Inc.
- AVL List GmbH
- Belcan LLC
- Bertrandt AG
- Capgemini Services SAS
- EDAG Group
- EPAM Systems Inc.
- FEV Group GmbH
- HCL Technologies Ltd.
- IAV GmbH
- L and T Technology Services Ltd.
- Magna International Inc.
- Mahindra and Mahindra Ltd.
- Ricardo Plc
- Appendix
- Scope of the report
- Market definition
- Objectives
- Notes and caveats
- Inclusions and exclusions checklist
- Currency conversion rates for US$
- Research methodology
- Data procurement
- Data validation
- Validation techniques employed for market sizing
- Data synthesis
- 360 degree market analysis
- List of abbreviations
- Scope of the report
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