Automotive Engineering Service Providers (ESP) Market Analysis Europe, APAC, North America, South America, Middle East and Africa - US, China, Germany, France, UK - Size and Forecast 2024-2028

Published: Feb 2024 Pages: 183 SKU: IRTNTR40095

Automotive Engineering Service Providers (ESP) Market Forecast 2024-2028 

The Automotive Engineering Service Providers Market size is forecast to increase by USD 8.68 billion, at a CAGR of 8.2% between 2023 and 2028. The escalating demand for advanced vehicle connectivity solutions serves as a primary driver of market growth. This surge is expected to propel the global market forward, fueled by the increasing need for vehicle connectivity. Car manufacturers are committed to integrating ADAS (Advanced Driver Assistance Systems) into their vehicles, ensuring widespread adoption of connected cars in the future. A key factor shaping the market growth is the development of autonomous vehicles.

Autonomous cars are unmanned and navigate without human intervention by sensing their environment by leveraging devices like radar, a global positioning system (GPS), and ADAS. These cars are also known as self-driving cars, automated cars, or driverless cars. In addition, the highly complex working nature of autonomous cars has driven automotive companies and OEMs to pool their R&D resources to design and develop successful prototypes that have evolved to enhance their performance. The integration of advanced mechanical elements, electrical elements, and safety elements is crucial in ensuring the safety and efficiency of autonomous vehicles.

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Market Segmentation By Application Insight

The in-house segment is estimated to witness significant growth during the forecast period. In-house segment comprises performing testing, inspection, and certification (TIC) activities within companies instead of relying on outsourcing. In addition, in the case of in-house industries, including automotive TIC, automotive manufacturers themselves perform engineering services as a part of quality control and assurance, along with public bodies and organizations such as customs, competition authorities, and industrial health and safety authorities.

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The in-house segment was the largest segment and was valued at USD 7.97 billion in 2018. Moreover, automotive manufacturers invest in necessary in-house infrastructure, such as test and measurement equipment and skilled personnel, to perform activities in their manufacturing facilities, including in-house testing of the ECU and other core components. In addition, in-house help manufacturers have a higher level of control by keeping the services and personnel under their direct control. Hence, such factors are fuelling the growth of this segment which in turn will drive the market growth during the forecast period.

Regional Analysis

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APAC is estimated to contribute 30% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. 

Another region offering significant growth opportunities to companies is Europe. The growth of the market in Europe is fuelled by the presence of some leading global automakers, such as Mercedes-Benz AG (Mercedes-Benz), Volkswagen AG(Volkswagen), BMW AG(BMW), and AB Volvo (Volvo), which are pioneers in the automotive industry for the introduction of advanced technologies. In addition, most key market players, such as AVL List, EDAG, IAV GmbH, and Bertrandt (Bertandt), have their automotive R&D labs in Europe. Furthermore, countries such as France, Germany, Spain, and the UK will be the major contributors to the providers (ESP) market in Europe, due to the many high-end luxury and premium vehicles that are manufactured and marketed in these countries. Hence, such factors are driving the market growth in Europe during the forecast period.

Market Dynamics and Customer Landscape

The Automotive Engineering Service Providers (ESP) Market is experiencing robust growth driven by the escalating demand for advanced vehicle connectivity solutions and the development of autonomous vehicles. This trend underscores the importance of electronics elements and 5G networks in enabling seamless communication within vehicles and with external systems.

However, the industry faces challenges such as frequent changes in market dynamics, leading to an increase in order backlog for automotive engineering service providers. With a focus on OEMs (Original Equipment Manufacturers) and the growing prominence of electric vehicles and vehicle efficiency, ESPs play a crucial role in integrating technologies like collision avoidance sensors and connection sensors to enhance vehicle safety and performance. Moreover, advancements in software engineering, mechanical engineering, and electrical engineering are driving innovations in light weight vehicles/lightweight materials and fuel efficient vehicles, facilitating the transition towards digital vehicles and connected vehicles while addressing cybersecurity and data analytics concerns.

Key Market Driver

The escalating demand for advanced vehicle connectivity solutions serves as a primary driver of market growth. This surge is expected to propel the global market forward, fueled by the increasing need for vehicle connectivity. Car manufacturers are committed to integrating Automotive ESP Market Trends into their vehicles, ensuring widespread adoption of connected cars in the future. 

Moreover, vehicle telematics systems accrue and transfer data regarding the vehicle's condition to service centers, fleet owners, and insurance providers. In addition, over the next decade, real-time highway alerts and notifications will be easily provided to the driver, and navigation systems will be able to direct the vehicle toward the least fuel-consuming route based on traffic density. Hence, such factors are positively impacting the market. Therefore, it is expected to drive the market growth during the forecast period.

Significant Market Trends

A key factor shaping the market growth is the development of autonomous vehicles. Autonomous cars are unmanned and navigate without human intervention by sensing their environment by leveraging devices like radar, a global positioning system (GPS), and ADAS. These cars are also known as self-driving cars, automated cars, or driverless cars. In addition, the highly complex working nature of autonomous cars has driven automotive companies and OEMs to pool their R&D resources to design and develop successful prototypes that have evolved to enhance their performance.

Moreover, carmakers have partnered with technology companies to integrate vehicles with a certain level of artificial intelligence to create successful autonomous vehicles. For instance, Volvo, Volkswagen, Audi, BMW, General Motors, Ford, Apple Inc., and Google (a subsidiary of Alphabet Inc.) are a few of the stakeholders in the autonomous car market. Hence, the presence of such car makers is positively impacting the market. Therefore, it is expected to drive the market growth during the forecast period.

Major Market Challeneges

Frequent changes in market dynamics lead to an increase in order backlog is one of the key challenges hindering the market growth. The increasing technological innovations and dynamic consumer expectations have reduced the average lifecycle of vehicles, which is adding to the pressure faced by component suppliers and service providers to cater to the demands of automotive OEMs and their suppliers. For instance, in the past, the average shelf life of a vehicle model was 8-10 years.

However, the dramatic changes in the form of propulsion technologies, electrification, and engine downsizing have reduced the average shelf life to 4-6 years. As a result, this will negatively impact the global market as it places pressure on the entire value chain of the automotive industry. Hence, such factors are hindering the market growth during the forecast period.

Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Automotive Engineering Service Providers (ESP) Market Customer Landscape

Who are the Major Automotive Engineering Service Providers (ESP) Market Companies?

Companies are implementing various strategies, such as strategic alliances, market growth and trends, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Adecco Group AG: The company offers automotive engineering service providers that support the development of digital products and evolution of manufacturing processes, and define new services for user behaviors.

The market growth analysis report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • Altair Engineering Inc.
  • ASM Technologies Ltd.
  • AVL List GmbH
  • Belcan LLC
  • Bertrandt AG
  • Capgemini Service SAS
  • EDAG Group
  • EPAM Systems Inc.
  • FEV Group GmbH
  • HCL Technologies Ltd.
  • Hitachi Ltd.
  • IAV GmbH
  • KPIT Technologies Ltd.
  • Magna International Inc.
  • Mahindra and Mahindra Ltd.
  • Onward Technologies Ltd.
  • Ricardo Plc
  • Contechs Group Holdings Ltd.
  • L and T Technology Services Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

In the Automotive Engineering Service Providers Market, companies play a crucial role in the automotive industry value chain by offering comprehensive engineering solutions encompassing designing, fabricating, and integrating mechanical, electrical, electronics, and software elements, software development. They navigate through the complex product lifecycle from conceptualization to production and assembling, ensuring the development of safe and efficient vehicles.

In the research-intensive automotive engineering field, service providers rely on mathematical formulas and models to optimize vehicle components, addressing concerns about security and ensuring a steady supply of components for planned production. Especially in the premium segment, where luxurious vehicles with reinforced frames cater to discerning customers, safety remains paramount to mitigate road accidents.

Digitalization is reshaping the market, offering efficient and convenient driving experiences while adhering to stringent safety regulations. Service providers must adapt to evolving customer awareness and deliver safe structured vehicles to meet expectations. The market report provides an analytical depiction of current trends and future estimations, identifying imminent investment pockets and restraints within the market scenario, facilitated by Porter's Five Forces Analysis and insights into the potency of buyers & suppliers and competitive intensity among leading market players in the passenger vehicles and commercial vehicles segments.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Application Outlook 
    • In-house
    • Out-source
  • Product Type Outlook
    • Powertrain
    • Complete vehicle
    • Electrical/electronics
    • Others
  • Geography Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Automotive Engineering Service Providers (ESP) Market Scope

Report Coverage

Details

Page number

181

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 8.2%

Market Growth 2024-2028

USD 8.68 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

7.38

Regional analysis

Europe, APAC, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 30%

Key countries

US, China, Germany, France, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Adecco Group AG, Altair Engineering Inc., ASM Technologies Ltd., AVL List GmbH, Belcan LLC, Bertrandt AG, Capgemini Service SAS, EDAG Group, EPAM Systems Inc., FEV Group GmbH, HCL Technologies Ltd., Hitachi Ltd., IAV GmbH, KPIT Technologies Ltd., Magna International Inc., Mahindra and Mahindra Ltd., Onward Technologies Ltd., Ricardo Plc, Contechs Group Holdings Ltd., and L and T Technology Services Ltd.

Market dynamics

Parent market analysis,Market Forecasting ,  Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our market research and growth report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting  between 2024 and 2028
  • Precise estimation of the market  size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market across Europe, APAC, North America, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global automotive engineering service providers (ESP) market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global automotive engineering service providers (esp) market 2018 - 2022 ($ billion)
    • 4.2 Application Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • 4.3 Product Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Product Type Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 In-house - Market size and forecast 2023-2028
      • Exhibit 34: Chart on In-house - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on In-house - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on In-house - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on In-house - Year-over-year growth 2023-2028 (%)
    • 6.4 Out-source - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Out-source - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Out-source - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Out-source - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Out-source - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Application
      • Exhibit 42: Market opportunity by Application ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Application ($ billion)

    7 Market Segmentation by Product Type

    • 7.1 Market segments
      • Exhibit 44: Chart on Product Type - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Product Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Product Type
      • Exhibit 46: Chart on Comparison by Product Type
      • Exhibit 47: Data Table on Comparison by Product Type
    • 7.3 Powertrain - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Powertrain - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 49: Data Table on Powertrain - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 50: Chart on Powertrain - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Powertrain - Year-over-year growth 2023-2028 (%)
    • 7.4 Complete vehicle - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Complete vehicle - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Complete vehicle - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Complete vehicle - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Complete vehicle - Year-over-year growth 2023-2028 (%)
    • 7.5 Electrical/electronics - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Electrical/electronics - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Electrical/electronics - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Electrical/electronics - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Electrical/electronics - Year-over-year growth 2023-2028 (%)
    • 7.6 Others - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.7 Market opportunity by Product Type
      • Exhibit 64: Market opportunity by Product Type ($ billion)
      • Exhibit 65: Data Table on Market opportunity by Product Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 Europe - Market size and forecast 2023-2028
      • Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.4 APAC - Market size and forecast 2023-2028
      • Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.5 North America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 Germany - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.10 China - Market size and forecast 2023-2028
      • Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.11 France - Market size and forecast 2023-2028
      • Exhibit 103: Chart on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on France - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on France - Year-over-year growth 2023-2028 (%)
    • 9.12 UK - Market size and forecast 2023-2028
      • Exhibit 107: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ billion)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 Adecco Group AG
              • Exhibit 119: Adecco Group AG - Overview
              • Exhibit 120: Adecco Group AG - Business segments
              • Exhibit 121: Adecco Group AG - Key news
              • Exhibit 122: Adecco Group AG - Key offerings
              • Exhibit 123: Adecco Group AG - Segment focus
            • 12.4 Altair Engineering Inc.
              • Exhibit 124: Altair Engineering Inc. - Overview
              • Exhibit 125: Altair Engineering Inc. - Business segments
              • Exhibit 126: Altair Engineering Inc. - Key news
              • Exhibit 127: Altair Engineering Inc. - Key offerings
              • Exhibit 128: Altair Engineering Inc. - Segment focus
            • 12.5 AVL List GmbH
              • Exhibit 129: AVL List GmbH - Overview
              • Exhibit 130: AVL List GmbH - Product / Service
              • Exhibit 131: AVL List GmbH - Key news
              • Exhibit 132: AVL List GmbH - Key offerings
            • 12.6 Belcan LLC
              • Exhibit 133: Belcan LLC - Overview
              • Exhibit 134: Belcan LLC - Product / Service
              • Exhibit 135: Belcan LLC - Key offerings
            • 12.7 Bertrandt AG
              • Exhibit 136: Bertrandt AG - Overview
              • Exhibit 137: Bertrandt AG - Business segments
              • Exhibit 138: Bertrandt AG - Key offerings
              • Exhibit 139: Bertrandt AG - Segment focus
            • 12.8 Capgemini Service SAS
              • Exhibit 140: Capgemini Service SAS - Overview
              • Exhibit 141: Capgemini Service SAS - Business segments
              • Exhibit 142: Capgemini Service SAS - Key news
              • Exhibit 143: Capgemini Service SAS - Key offerings
              • Exhibit 144: Capgemini Service SAS - Segment focus
            • 12.9 EDAG Group
              • Exhibit 145: EDAG Group - Overview
              • Exhibit 146: EDAG Group - Business segments
              • Exhibit 147: EDAG Group - Key news
              • Exhibit 148: EDAG Group - Key offerings
              • Exhibit 149: EDAG Group - Segment focus
            • 12.10 EPAM Systems Inc.
              • Exhibit 150: EPAM Systems Inc. - Overview
              • Exhibit 151: EPAM Systems Inc. - Business segments
              • Exhibit 152: EPAM Systems Inc. - Key news
              • Exhibit 153: EPAM Systems Inc. - Key offerings
              • Exhibit 154: EPAM Systems Inc. - Segment focus
            • 12.11 FEV Group GmbH
              • Exhibit 155: FEV Group GmbH - Overview
              • Exhibit 156: FEV Group GmbH - Product / Service
              • Exhibit 157: FEV Group GmbH - Key offerings
            • 12.12 HCL Technologies Ltd.
              • Exhibit 158: HCL Technologies Ltd. - Overview
              • Exhibit 159: HCL Technologies Ltd. - Business segments
              • Exhibit 160: HCL Technologies Ltd. - Key news
              • Exhibit 161: HCL Technologies Ltd. - Key offerings
              • Exhibit 162: HCL Technologies Ltd. - Segment focus
            • 12.13 IAV GmbH
              • Exhibit 163: IAV GmbH - Overview
              • Exhibit 164: IAV GmbH - Product / Service
              • Exhibit 165: IAV GmbH - Key news
              • Exhibit 166: IAV GmbH - Key offerings
            • 12.14 L and T Technology Services Ltd.
              • Exhibit 167: L and T Technology Services Ltd. - Overview
              • Exhibit 168: L and T Technology Services Ltd. - Business segments
              • Exhibit 169: L and T Technology Services Ltd. - Key offerings
              • Exhibit 170: L and T Technology Services Ltd. - Segment focus
            • 12.15 Magna International Inc.
              • Exhibit 171: Magna International Inc. - Overview
              • Exhibit 172: Magna International Inc. - Business segments
              • Exhibit 173: Magna International Inc. - Key news
              • Exhibit 174: Magna International Inc. - Key offerings
              • Exhibit 175: Magna International Inc. - Segment focus
            • 12.16 Mahindra and Mahindra Ltd.
              • Exhibit 176: Mahindra and Mahindra Ltd. - Overview
              • Exhibit 177: Mahindra and Mahindra Ltd. - Business segments
              • Exhibit 178: Mahindra and Mahindra Ltd. - Key news
              • Exhibit 179: Mahindra and Mahindra Ltd. - Key offerings
              • Exhibit 180: Mahindra and Mahindra Ltd. - Segment focus
            • 12.17 Ricardo Plc
              • Exhibit 181: Ricardo Plc - Overview
              • Exhibit 182: Ricardo Plc - Business segments
              • Exhibit 183: Ricardo Plc - Key offerings
              • Exhibit 184: Ricardo Plc - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 185: Inclusions checklist
                • Exhibit 186: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 187: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 188: Research methodology
                • Exhibit 189: Validation techniques employed for market sizing
                • Exhibit 190: Information sources
              • 13.5 List of abbreviations
                • Exhibit 191: List of abbreviations

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

                PURCHASE FULL REPORT OF

                automotive engineering service providers (esp) market market

                Key Questions Answered

                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

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