Automotive engineering services market is anticipated to grow at a significant CAGR of 13.7% during the forecast period (2024-2031). To meet the growing demand for automotive engineering services, in April 2024, BMW Group and Tata Technologies aim to collaborate for the development of Automotive Software and Business IT solutions. The collaboration focuses on strategic software development, including solutions for software-defined vehicles (SDV). In automotive software, the focus will be on automated driving, infotainment, and digital services.
Browse the full report description of “Automotive Engineering Services Market Size, Share & Trends Analysis Report by Vehicle Type (Passenger Cars, and Commercial Vehicles), by Service (Concept/Research, Designing, Prototyping, System Integration, and Testing), and 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, and Others) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/automotive-engineering-services-market
Further, in March 2023, L&T Technology Services Ltd. an engineering services company, announced a new Centre of Excellence (CoE) in Mysore (Karnataka, India) that leverages the power of the cloud with Amazon Web Services (AWS). The CoE allows LTTS to transition its suite of innovative technologies focused on the future of mobility and reduce time-to-market for end customers. By leveraging AWS infrastructure, LTTS provides an opportunity to use AWS to support the automotive domain.
Furthermore, in January 2023, VVDN strengthened its services portfolio with the addition of automotive engineering and manufacturing services for global markets. In the domain of Automotive, VVDN comes with the capabilities in designing, developing, and manufacturing automotive products from driver assistance solutions to digital cockpit solutions including mirrorless camera systems, ADAS, battery management systems (BMS), infotainment systems, digital instrument clusters, surround view system (SVS) and telematics control unit (TCU).
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Vehicle Type
o By Service
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Alten Group, Capgemini Services SAS, Continental AG, Magna International Inc., and Robert Bosch GmbH among others.
Key questions addressed by the report.
Global Automotive Engineering Services Market Report Segment
By Vehicle Type
By Service
By Application
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
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