The North America Automotive Engineering Services Outsourcing Market would witness market growth of 9.7% CAGR during the forecast period (2022-2028).
The automobile industry concentrated on mass manufacturing when it first started using Engineering Service Providers (ESPs) to provide services, integrating standardization, synchronization, accuracy, continuity, and interchangeability. Companies increasingly prioritize providing mass customization of vehicle production engineering services due to a paradigm change in client demands.
Opportunities for the expansion of the automotive ESO market are projected to arise from OEMs' rising preference for digitalized solutions. This is attributable to the end-user's paradigm shift in favor of more technologically advanced solutions. The Autonomous, Electric, Connected, and Shared Vehicles (ACES) disruptors are a digitalized business strategy being followed by the major industry participants to enable enhanced mobility standards and improve customer contact and experience with automobiles.
The need for commercial automobiles in the North American region is rising. This is due to fleet management's escalating demands for long-distance operations. Additionally, the local governments are passing a number of legislations related to carbon emissions. As a result, local manufacturers are utilizing the same technology in buses and commercial vehicles to cut carbon emissions, but they will encounter some unique challenges. Vehicles used for long-distance haulage have previously undergone substantial duty cycle and fuel efficiency optimization. This has offered significant growth prospects to the automotive engineering service outsourcing market in the North American region.
The US market dominated the North America 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 $30,183.5 million by 2028.The Canada market is poised to grow at a CAGR of 12.2% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 11.2% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Automotive Engineering Services Outsourcing Market is Estimated to reach $161.3 Billion by 2028, at a CAGR of 10.2%
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
By Service
- Prototyping
- System Integration
- Testing
- Designing
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Automotive Engineering Services Outsourcing Market, by Application
1.4.2 North America Automotive Engineering Services Outsourcing Market, by Location
1.4.3 North America Automotive Engineering Services Outsourcing Market, by Service
1.4.4 North America 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. North America Automotive Engineering Services Outsourcing Market by Application
4.1 North America Powertrain & After-treatment Market by Country
4.2 North America Body & Chassis Market by Country
4.3 North America Infotainment & Connectivity Market by Country
4.4 North America Autonomous Driving/ADAS Market by Country
4.5 North America Others Market by Country
Chapter 5. North America Automotive Engineering Services Outsourcing Market by Location
5.1 North America On-shore Market by Country
5.2 North America Off-shore Market by Country
Chapter 6. North America Automotive Engineering Services Outsourcing Market by Service
6.1 North America Prototyping Market by Country
6.2 North America System Integration Market by Country
6.3 North America Testing Market by Country
6.4 North America Designing Market by Country
6.5 North America Others Market by Country
Chapter 7. North America Automotive Engineering Services Outsourcing Market by Country
7.1 US Automotive Engineering Services Outsourcing Market
7.1.1 US Automotive Engineering Services Outsourcing Market by Application
7.1.2 US Automotive Engineering Services Outsourcing Market by Location
7.1.3 US Automotive Engineering Services Outsourcing Market by Service
7.2 Canada Automotive Engineering Services Outsourcing Market
7.2.1 Canada Automotive Engineering Services Outsourcing Market by Application
7.2.2 Canada Automotive Engineering Services Outsourcing Market by Location
7.2.3 Canada Automotive Engineering Services Outsourcing Market by Service
7.3 Mexico Automotive Engineering Services Outsourcing Market
7.3.1 Mexico Automotive Engineering Services Outsourcing Market by Application
7.3.2 Mexico Automotive Engineering Services Outsourcing Market by Location
7.3.3 Mexico Automotive Engineering Services Outsourcing Market by Service
7.4 Rest of North America Automotive Engineering Services Outsourcing Market
7.4.1 Rest of North America Automotive Engineering Services Outsourcing Market by Application
7.4.2 Rest of North America Automotive Engineering Services Outsourcing Market by Location
7.4.3 Rest of North America 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
TABLE 1 North America Automotive Engineering Services Outsourcing Market, 2018 - 2021, USD Million
TABLE 2 North America Automotive Engineering Services Outsourcing Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Automotive Engineering Services Outsourcing Market
TABLE 4 Product Launches And Product Expansions– Automotive Engineering Services Outsourcing Market
TABLE 5 Acquisition and Mergers– Automotive Engineering Services Outsourcing Market
TABLE 6 business and Geographical expansions – Automotive Engineering Services Outsourcing Market
TABLE 7 North America Automotive Engineering Services Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 8 North America Automotive Engineering Services Outsourcing Market by Application, 2022 - 2028, USD Million
TABLE 9 North America Powertrain & After-treatment Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Powertrain & After-treatment Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Body & Chassis Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Body & Chassis Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Infotainment & Connectivity Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Infotainment & Connectivity Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Autonomous Driving/ADAS Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Autonomous Driving/ADAS Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Automotive Engineering Services Outsourcing Market by Location, 2018 - 2021, USD Million
TABLE 20 North America Automotive Engineering Services Outsourcing Market by Location, 2022 - 2028, USD Million
TABLE 21 North America On-shore Market by Country, 2018 - 2021, USD Million
TABLE 22 North America On-shore Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Off-shore Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Off-shore Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Automotive Engineering Services Outsourcing Market by Service, 2018 - 2021, USD Million
TABLE 26 North America Automotive Engineering Services Outsourcing Market by Service, 2022 - 2028, USD Million
TABLE 27 North America Prototyping Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Prototyping Market by Country, 2022 - 2028, USD Million
TABLE 29 North America System Integration Market by Country, 2018 - 2021, USD Million
TABLE 30 North America System Integration Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Testing Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Testing Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Designing Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Designing Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Automotive Engineering Services Outsourcing Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Automotive Engineering Services Outsourcing Market by Country, 2022 - 2028, USD Million
TABLE 39 US Automotive Engineering Services Outsourcing Market, 2018 - 2021, USD Million
TABLE 40 US Automotive Engineering Services Outsourcing Market, 2022 - 2028, USD Million
TABLE 41 US Automotive Engineering Services Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 42 US Automotive Engineering Services Outsourcing Market by Application, 2022 - 2028, USD Million
TABLE 43 US Automotive Engineering Services Outsourcing Market by Location, 2018 - 2021, USD Million
TABLE 44 US Automotive Engineering Services Outsourcing Market by Location, 2022 - 2028, USD Million
TABLE 45 US Automotive Engineering Services Outsourcing Market by Service, 2018 - 2021, USD Million
TABLE 46 US Automotive Engineering Services Outsourcing Market by Service, 2022 - 2028, USD Million
TABLE 47 Canada Automotive Engineering Services Outsourcing Market, 2018 - 2021, USD Million
TABLE 48 Canada Automotive Engineering Services Outsourcing Market, 2022 - 2028, USD Million
TABLE 49 Canada Automotive Engineering Services Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 50 Canada Automotive Engineering Services Outsourcing Market by Application, 2022 - 2028, USD Million
TABLE 51 Canada Automotive Engineering Services Outsourcing Market by Location, 2018 - 2021, USD Million
TABLE 52 Canada Automotive Engineering Services Outsourcing Market by Location, 2022 - 2028, USD Million
TABLE 53 Canada Automotive Engineering Services Outsourcing Market by Service, 2018 - 2021, USD Million
TABLE 54 Canada Automotive Engineering Services Outsourcing Market by Service, 2022 - 2028, USD Million
TABLE 55 Mexico Automotive Engineering Services Outsourcing Market, 2018 - 2021, USD Million
TABLE 56 Mexico Automotive Engineering Services Outsourcing Market, 2022 - 2028, USD Million
TABLE 57 Mexico Automotive Engineering Services Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 58 Mexico Automotive Engineering Services Outsourcing Market by Application, 2022 - 2028, USD Million
TABLE 59 Mexico Automotive Engineering Services Outsourcing Market by Location, 2018 - 2021, USD Million
TABLE 60 Mexico Automotive Engineering Services Outsourcing Market by Location, 2022 - 2028, USD Million
TABLE 61 Mexico Automotive Engineering Services Outsourcing Market by Service, 2018 - 2021, USD Million
TABLE 62 Mexico Automotive Engineering Services Outsourcing Market by Service, 2022 - 2028, USD Million
TABLE 63 Rest of North America Automotive Engineering Services Outsourcing Market, 2018 - 2021, USD Million
TABLE 64 Rest of North America Automotive Engineering Services Outsourcing Market, 2022 - 2028, USD Million
TABLE 65 Rest of North America Automotive Engineering Services Outsourcing Market by Application, 2018 - 2021, USD Million
TABLE 66 Rest of North America Automotive Engineering Services Outsourcing Market by Application, 2022 - 2028, USD Million
TABLE 67 Rest of North America Automotive Engineering Services Outsourcing Market by Location, 2018 - 2021, USD Million
TABLE 68 Rest of North America Automotive Engineering Services Outsourcing Market by Location, 2022 - 2028, USD Million
TABLE 69 Rest of North America Automotive Engineering Services Outsourcing Market by Service, 2018 - 2021, USD Million
TABLE 70 Rest of North America Automotive Engineering Services Outsourcing Market by Service, 2022 - 2028, USD Million
TABLE 71 Key Information – Tech Mahindra Limited
TABLE 72 Key Information – Altair Engineering, Inc.
TABLE 73 key Information – Horiba Ltd.
TABLE 74 Information – HCL Technologies Ltd.
TABLE 75 Key Information – Capgemini SE
TABLE 76 Key Information – ALTEN
TABLE 77 Key Information – AKKA Technologies SE
TABLE 78 Key Information –FEV Group GmbH
TABLE 79 Key Information – AVL List GmbH
TABLE 80 Key Information – RLE INTERNATIONAL Group
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Acquisitions and Mergers : 2021, Nov – 2022, Jun) Leading Players
FIG 5 SWOT Analysis: Tech Mahindra Limited
FIG 6 Recent strategies and developments: Altair Engineering, Inc.
FIG 7 SWOT Analysis: Altair Engineering, Inc.
FIG 8 Recent strategies and developments: HCL Technologies Ltd.
FIG 9 Recent strategies and developments: FEV Group GmbH