Published by Infinity Business Insights
Posted on October 6, 2021
3 min readLast updated: January 30, 2026
The Automotive Engineering Service Market is set to grow at a CAGR of 8.8% from 2021 to 2027, reaching USD 253,915 million, with key players like FEV Group and IAV.
Infinity Business Insights, a trusted and knowledge-based organisation in the market and has produced this report. It provides a Automotive Engineering Service Market size outline as well as other in-depth market description features such as market growth-supporting factors, controlling factors, trends, opportunities, market risk factors, forward-looking market view competition, product and service advancements and launches, product/services related rules review, and current developments for the mentioned forecast period.
The global Automotive Engineering Service Market is projected to grow at a CAGR of 8.8% from USD 153,299 million in 2021 to USD 253,915 million by 2027.
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The report additionally incorporates a vital evaluation of the Automotive Engineering Service Market players working in the market 2021, just as investigations and results identified with the market. The review gives a short outline of key patterns, which can help business and firms to more readily comprehend the market and plan their business development properly. The market size, business share, development, basic sections, CAGR, and significant drivers are completely analyzed in the report.
Top key players: FEV Group, IAV, Ricardo, ALTEN Group, Bertrandt, ALTRAN, L&T Technology Services
This paper covers COVID-19 and gives a detailed and in-depth analysis of how the epidemic has pushed this business to change and improve. The study can assist in better understanding the Automotive Engineering Service Market and strategizing for business progress. The strategy study provides in-depth analysis for new entrants or existing competitors in the sector, ranging from marketing channels and market positioning to future growth strategies.
Automotive Engineering Service Market, By Type:Outsourced Automotive Engineering Service, In-house Automotive Engineering Service
Automotive Engineering Service Market, By Application:Passenger Car, Commercial Vehicle
North America is made up of three countries: the United States, Canada, and Mexico. Argentina, Chile, and Brazil are located in South and Central America.
Saudi Arabia, the United Arab Emirates, Turkey, Egypt, and South Africa are all located in the Middle East and Africa. Europe consists of the United Kingdom, France, Italy, Germany, Spain, and Russia. India, China, Japan, South Korea, Indonesia, Singapore, and Australia are all part of the Asia-Pacific region.
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The article discusses the growth projections of the Automotive Engineering Service Market from 2021 to 2027.
What are the key factors driving the market growth?
Who are the top key players in this market?
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