Automotive Engineering Services Outsourcing ESO Market size was valued at USD 25 Billion in 2024 and is forecasted to grow at a CAGR of 7.5% from 2026 to 2033, reaching USD 45 Billion by 2033.
In 2022, the global Automotive Engineering Services Outsourcing (ESO) market was valued at approximately USD 77.3 billion and is projected to reach USD 155.9 billion by 2029, reflecting a compound annual growth rate (CAGR) of 10.27% during the forecast period. Regionally, the Asia Pacific market led with a value of USD 32.8 billion in 2022 and is anticipated to grow to USD 71.4 billion by 2029, achieving a CAGR of 11.40%. North Americas market was valued at USD 18.9 billion in 2022 and is expected to reach USD 35.9 billion by 2029, with a CAGR of 9.46%. Europes market stood at USD 20.0 billion in 2022 and is projected to attain USD 35.9 billion by 2029, growing at a CAGR of 8.50%. The Middle East & Africa and Latin America regions are also experiencing growth, driven by increased demand for advanced automotive technologies and supportive government initiatives.
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Bertrandt
EDAG Engineering GmbH
IAV GmbH
AVL List GmbH
Horiba
Altran
FEV Group
AKKA Technologies
ASAP Holding GmbH
Robert Bosch (ITK Engineering)
Alten GmbH
Kistler Instrumente
Altair Engineering
P3 Automotive GmbH
ESG Group
RLE International Group
P+Z Engineering GmbH
M Plan GmbH
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Engineering Services Outsourcing ESO Market
Design and Prototyping Services
Research and Development Services
Testing and Validation Services
Manufacturing Engineering Services
Quality Assurance and Compliance Services
Passenger Vehicles
Commercial Vehicles
Electric Vehicles (EVs)
Hybrid Vehicles
Autonomous Vehicles
Chassis Engineering
Powertrain Engineering
Body Engineering
Interior and Exterior Design
Vehicle Dynamics and Controls
Internet of Things (IoT)
Artificial Intelligence (AI)
Advanced Driver Assistance Systems (ADAS)
Telematics and Connectivity
Simulation and Modeling Tools
OEMs (Original Equipment Manufacturers)
Tier 1 Suppliers
Tier 2 Suppliers
Startups and New Entrants
Aftermarket Players
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Automotive Engineering Services Outsourcing ESO Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automotive Engineering Services Outsourcing ESO Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Engineering Services Outsourcing ESO Market, By Type
6. Global Automotive Engineering Services Outsourcing ESO Market, By Application
7. Global Automotive Engineering Services Outsourcing ESO Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Automotive Engineering Services Outsourcing ESO Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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