Automotive Engineering Services Market

May 2020| VMR2526A| Verified Market Research

Report Highlights

Automotive Engineering Services Market Size And Forecast

Automotive Engineering Services Market was valued at USD 148 Billion in 2018 and is projected to reach USD 375 Billion by 2026, growing at a CAGR of 11.78% from 2019 to 2026.

Global Automotive Engineering Services Market Outlook

Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Ongoing technological advancements for the development of autonomous vehicles with features such as advanced driver-assistance systems (ADAS) and vehicle electrification are among the crucial factors driving the growth of the global automotive engineering services market. Furthermore, deployment of internet of things (IoT) and artificial intelligence in vehicle systems have instrumental in stimulating the market growth. However, increasing level of competitive rivalry among the prominent vendors in the market may restrict the market growth.

Global Automotive Engineering Services Market Competitive Landscape

The Global Automotive Engineering Services Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as AVL, HORIBA Ltd., FEV Group, Alten GmbH, IAV GmbH, and MBtech Group GmbH.

Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.

Why BCC Research?

Every purchase provides access to:

  • Thousands of recently published reports from select publishers
  • Member Discounts of up to 50% on over 20,000 additional reports from all publishers
  • Our analysts and research concierge for all inquiries
CUSTOM RESEARCH

Need a custom data table, graph or complete report? Tell us more.

Contact Us
Share This Report