The Europe Automotive Engineering Services Outsourcing Market would witness market growth of 9.5% CAGR during the forecast period (2022-2028).
The market for outsourcing automotive engineering services comprises companies (manufacturers, single proprietors, and partnerships) that sell services related to automobile transmission development for cutting-edge powertrain systems. Automotive transmission engineering is a crucial step in the production of cars and is done to ensure that power is transferred from the engine to the wheels so that the vehicle can move.
Commercial, industrial, and passenger vehicles are all subject to the outsourcing of automotive engineering services. Designing, prototyping, testing, system architecture and integration, simulation, and designing are the primary service categories for outsourcing automobile transmission engineering services.
Germany is a prominent automotive center in Europe with numerous notable manufacturers based there, such as the BMW Group, Volkswagen Group, and Daimler Group. In Europe, the country is a large producer of light commercial cars. Light commercial trailer manufacturers in Germany generate more trailers than the country requires. As a consequence, the country exports a lot of trailers. These manufacturing businesses want to make their cars even better, maybe by adding IoT and other cutting-edge technology. These factors will help the market for outsourcing automotive engineering grow.
The Germany market dominated the Europe Automotive Engineering Services Outsourcing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $10,287.9 million by 2028.The UK market is estimated to grow a CAGR of 8.6% during (2022 - 2028). Additionally, The France market would experience a CAGR of 10.3% during (2022 - 2028).
Based on Application, the market is segmented into Powertrain & After-treatment, Body & Chassis, Infotainment & Connectivity, Autonomous Driving/ADAS and Others. Based on Location, the market is segmented into On-shore and Off-shore. Based on Service, the market is segmented into Prototyping, System Integration, Testing, Designing and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AKKA Technologies SE (Adecco Group AG) update parent company, Altair Engineering, Inc., ALTEN, AVL List GmbH, Horiba Ltd., Capgemini SE, HCL Technologies Ltd. (HCL Enterprises), Tech Mahindra Limited, FEV Group GmbH, and RLE International Group.
The market for outsourcing automotive engineering services comprises companies (manufacturers, single proprietors, and partnerships) that sell services related to automobile transmission development for cutting-edge powertrain systems. Automotive transmission engineering is a crucial step in the production of cars and is done to ensure that power is transferred from the engine to the wheels so that the vehicle can move.
Commercial, industrial, and passenger vehicles are all subject to the outsourcing of automotive engineering services. Designing, prototyping, testing, system architecture and integration, simulation, and designing are the primary service categories for outsourcing automobile transmission engineering services.
Germany is a prominent automotive center in Europe with numerous notable manufacturers based there, such as the BMW Group, Volkswagen Group, and Daimler Group. In Europe, the country is a large producer of light commercial cars. Light commercial trailer manufacturers in Germany generate more trailers than the country requires. As a consequence, the country exports a lot of trailers. These manufacturing businesses want to make their cars even better, maybe by adding IoT and other cutting-edge technology. These factors will help the market for outsourcing automotive engineering grow.
The Germany market dominated the Europe Automotive Engineering Services Outsourcing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $10,287.9 million by 2028.The UK market is estimated to grow a CAGR of 8.6% during (2022 - 2028). Additionally, The France market would experience a CAGR of 10.3% during (2022 - 2028).
Based on Application, the market is segmented into Powertrain & After-treatment, Body & Chassis, Infotainment & Connectivity, Autonomous Driving/ADAS and Others. Based on Location, the market is segmented into On-shore and Off-shore. Based on Service, the market is segmented into Prototyping, System Integration, Testing, Designing and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AKKA Technologies SE (Adecco Group AG) update parent company, Altair Engineering, Inc., ALTEN, AVL List GmbH, Horiba Ltd., Capgemini SE, HCL Technologies Ltd. (HCL Enterprises), Tech Mahindra Limited, FEV Group GmbH, and RLE International Group.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Powertrain & After-treatment
- Body & Chassis
- Infotainment & Connectivity
- Autonomous Driving/ADAS
- Others
By Location
- On-shore
- Off-shore
By Service
- Prototyping
- System Integration
- Testing
- Designing
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- AKKA Technologies SE (Adecco Group AG) update parent company
- Altair Engineering, Inc
- ALTEN
- AVL List GmbH
- Horiba Ltd
- Capgemini SE
- HCL Technologies Ltd. (HCL Enterprises)
- Tech Mahindra Limited
- FEV Group GmbH
- RLE International Group
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Automotive Engineering Services Outsourcing Market, by Application
1.4.2 Europe Automotive Engineering Services Outsourcing Market, by Location
1.4.3 Europe Automotive Engineering Services Outsourcing Market, by Service
1.4.4 Europe Automotive Engineering Services Outsourcing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Business and Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Acquisitions and Mergers : 2021, Nov - 2022, Jun) Leading Players
Chapter 4. Europe Automotive Engineering Services Outsourcing Market by Application
4.1 Europe Powertrain & After-treatment Market by Country
4.2 Europe Body & Chassis Market by Country
4.3 Europe Infotainment & Connectivity Market by Country
4.4 Europe Autonomous Driving/ADAS Market by Country
4.5 Europe Others Market by Country
Chapter 5. Europe Automotive Engineering Services Outsourcing Market by Location
5.1 Europe On-shore Market by Country
5.2 Europe Off-shore Market by Country
Chapter 6. Europe Automotive Engineering Services Outsourcing Market by Service
6.1 Europe Prototyping Market by Country
6.2 Europe System Integration Market by Country
6.3 Europe Testing Market by Country
6.4 Europe Designing Market by Country
6.5 Europe Others Market by Country
Chapter 7. Europe Automotive Engineering Services Outsourcing Market by Country
7.1 Germany Automotive Engineering Services Outsourcing Market
7.1.1 Germany Automotive Engineering Services Outsourcing Market by Application
7.1.2 Germany Automotive Engineering Services Outsourcing Market by Location
7.1.3 Germany Automotive Engineering Services Outsourcing Market by Service
7.2 UK Automotive Engineering Services Outsourcing Market
7.2.1 UK Automotive Engineering Services Outsourcing Market by Application
7.2.2 UK Automotive Engineering Services Outsourcing Market by Location
7.2.3 UK Automotive Engineering Services Outsourcing Market by Service
7.3 France Automotive Engineering Services Outsourcing Market
7.3.1 France Automotive Engineering Services Outsourcing Market by Application
7.3.2 France Automotive Engineering Services Outsourcing Market by Location
7.3.3 France Automotive Engineering Services Outsourcing Market by Service
7.4 Russia Automotive Engineering Services Outsourcing Market
7.4.1 Russia Automotive Engineering Services Outsourcing Market by Application
7.4.2 Russia Automotive Engineering Services Outsourcing Market by Location
7.4.3 Russia Automotive Engineering Services Outsourcing Market by Service
7.5 Spain Automotive Engineering Services Outsourcing Market
7.5.1 Spain Automotive Engineering Services Outsourcing Market by Application
7.5.2 Spain Automotive Engineering Services Outsourcing Market by Location
7.5.3 Spain Automotive Engineering Services Outsourcing Market by Service
7.6 Italy Automotive Engineering Services Outsourcing Market
7.6.1 Italy Automotive Engineering Services Outsourcing Market by Application
7.6.2 Italy Automotive Engineering Services Outsourcing Market by Location
7.6.3 Italy Automotive Engineering Services Outsourcing Market by Service
7.7 Rest of Europe Automotive Engineering Services Outsourcing Market
7.7.1 Rest of Europe Automotive Engineering Services Outsourcing Market by Application
7.7.2 Rest of Europe Automotive Engineering Services Outsourcing Market by Location
7.7.3 Rest of Europe Automotive Engineering Services Outsourcing Market by Service
Chapter 8. Company Profiles
8.1 Tech Mahindra Limited
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 SWOT Analysis
8.2 Altair Engineering, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Horiba Ltd.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional & Segmental Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.4 HCL Technologies Ltd. (HCL Enterprises)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.4.5.3 Geographical Expansions:
8.5 Capgemini SE
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Business Expansions:
8.6 ALTEN
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Recent strategies and developments:
8.6.4.1 Acquisition and Mergers:
8.7 AKKA Technologies SE (Adecco Group AG)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Recent strategies and developments:
8.7.4.1 Partnerships, Collaborations, and Agreements:
8.8 FEV Group GmbH
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.8.2.2 Product Launches and Product Expansions:
8.8.2.3 Acquisition and Mergers:
8.8.2.4 Geographical Expansions:
8.9 AVL List GmbH
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.10. RLE International Group
8.10.1 Company Overview
Companies Mentioned
- AKKA Technologies SE (Adecco Group AG) update parent company
- Altair Engineering, Inc.
- ALTEN
- AVL List GmbH
- Horiba Ltd.
- Capgemini SE
- HCL Technologies Ltd. (HCL Enterprises)
- Tech Mahindra Limited
- FEV Group GmbH
- RLE International Group
Methodology
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