
Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Trending Now
The global automotive engineering services market attained a value of USD 246.17 Billion in 2024. The industry is further expected to grow at a CAGR of 12.10% in the forecast period of 2025-2034. The industry is projected to reach a value of USD 771.42 Billion in 2034 owing to the rising demand and technological advancements in the automotive industry.
Base Year
Historical Year
Forecast Year
Value in USD Billion
2025-2034
Automotive Engineering Services Market Outlook
*this image is indicative*
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The automotive engineering services market is growing due to increasing demand for electric vehicle integration, the development of autonomous vehicles, connected vehicle technology, as well as the use of lightweight materials and a focus on fuel efficiency.
The integration of electric vehicles (EVs) is significantly reshaping the automotive engineering services sector. Engineers are focused on advancing battery technology, drivetrains, and charging infrastructure to meet the growing demand for sustainable and eco-friendly solutions. As manufacturers respond to stricter environmental regulations, there is increasing demand for EV-specific design and testing services. The National Electric Vehicle Strategy (2023-2024) highlighted that EV sales reached 9.4% of new vehicle sales by April 2024, showing a steady rise from 8.4% in 2023.
The rise of autonomous vehicles (AVs) is driving significant changes in the automotive engineering services market. The integration of advanced driver-assistance systems (ADAS), artificial intelligence (AI), and machine learning has accelerated the need for software development, sensor calibration, and rigorous safety testing. Engineers are working to enhance the safety and reliability of AVs for mainstream adoption. In February 2025, Ush, in partnership with Poppy Mobility, launched a commercial remote-driving car service in Belgium, marking a milestone for AV technology in Europe.
Connected vehicle technology is revolutionising the automotive engineering services sector. Real-time data collection, cloud computing, and vehicle-to-everything (V2X) communication are enhancing both driving experiences and safety. Services related to cybersecurity, data integration, and over-the-air software updates are becoming increasingly vital as automakers strive for smarter, connected systems. To support this shift, ISG initiated a research study to assess technology providers in the global automotive market, focusing on digital transformation, innovation, and the transition to electric and autonomous vehicles.
The automotive industry’s shift towards lightweight materials such as carbon fibre, aluminium, and advanced composites is enhancing fuel efficiency and vehicle performance. Automotive engineers are working to design lighter yet stronger vehicles, maintaining safety standards while reducing weight. This trend is creating increased demand for innovation in materials and manufacturing processes. In November 2024, Suzuki Motor Corporation and Tata Elxsi inaugurated the 'SUZUKI-TATA ELXSI Offshore Development Center' in Pune, India, focusing on lightweight designs and sustainable mobility innovations to further drive green advancements in the automotive sector.
Automotive Engineering Services Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Service Type
Market Breakup by Application
Market Breakup by Location
Market Breakup by Vehicle Type
Market Breakup by Region
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The global automotive engineering services industry is being driven by the growing investment and technological advancements by the companies. The rising demand for emission less transportation, advanced safety measures, and comfort are propelling the industry growth. The rising urbanisation and growing population in the developing economies like India are further fuelling the demand growth for the industry. Europe is expected to be the leading market due to the rising demand for low emission vehicle in the region and Germany being home to major car manufacturers.
The automotive engineering services market key players offer connected products and solutions for the automotive, consumer, and enterprise sectors. Specialising in infotainment, audio systems, and connected car technology, these companies provide innovative solutions that enhance user experiences. They assist clients in navigating digital transformation by offering services in cloud computing, IT consulting, and data analytics, driving innovation and improving efficiency across various industries.
Headquartered in Connecticut, United States, Harman International, established in 1980, is a leading global provider of connected products and solutions for automotive, consumer, and enterprise markets. Specialising in infotainment, audio systems, and connected car technology, the company delivers innovative solutions to enhance user experiences through cutting-edge technology.
Capgemini Services, founded in 1967 and headquartered in Paris, France, is a multinational leader in consulting, technology services, and digital transformation. The company helps clients navigate the complexities of digital change by offering services in cloud computing, IT consulting, and data analytics, driving innovation and efficiency across industries.
Bertrandt AG, headquartered in Ehningen, Germany, was founded in 1974. Specialising in engineering services for the automotive, aerospace, and industrial sectors, Bertrandt offers innovative solutions in design, development, and testing. The company focuses on providing technical expertise to support clients in developing cutting-edge products and technologies.
L&T Technology Services (LTTS), established in 2012 and headquartered in Vadodara, India, is a global leader in engineering and technology services. Providing solutions across various industries, including automotive, aerospace, and telecom, LTTS focuses on digital transformation, product engineering, and R&D services, helping clients optimise operations through innovation.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the automotive engineering services market report are Fev Group Gmbh, Akka Technologies SE, HCL Technologies Limited, Ingenieurgesellschaft Auto und Verkehr GmbH (IAV GmbH), Tech Mahindra Limited, CRESTTEK LLC, IAV Automotive Engineering, and Altran Technologies, among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
The global automotive engineering services market reached a value of USD 246.17 Billion in 2024.
The market is likely to grow at a CAGR of 12.10% during the forecast period of 2025 and 2034.
The market is expected to reach a value of USD 771.42 Billion by 2034.
The major drivers of the market include the rising advancements in technology in the automotive sector, the growing investment by the companies, rising demand for less transportation emissions, advanced safety measures, and comfort, increasing urbanisation, and the growing population.
The key trends aiding the market growth include less transportation emissions, advanced safety measures, and comfort.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The leading service types of automotive engineering services in the industry are designing, prototyping, system integration, and testing.
The major application sectors for the services include ADAS and safety, electrical, electronics, and body controls, chassis, connectivity services, interior, exterior, and body engineering, powertrain and exhaust, and simulation, among others.
The leading location segments of the product in the industry are in-house and outsource.
The major vehicle types in the market are passenger car and commercial vehicle.
The key players in the industry are Harman International Industries, Inc., Capgemini Services SAS, Bertrandt Ag, L&T Technology Services Limited, Fev Group Gmbh, Akka Technologies SE, HCL Technologies Limited, Ingenieurgesellschaft Auto und Verkehr GmbH (IAV GmbH), Tech Mahindra Limited, CRESTTEK LLC, IAV Automotive Engineering, Altran Technologies and Others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Service Type |
|
Breakup by Application |
|
Breakup by Location |
|
Breakup by Vehicle Type |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
Share