Technavio has been monitoring the automotive engineering service providers (ESP) market and it is poised to grow by USD 5.31 bn during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request a free sample report
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200319005430/en/
Technavio has announced its latest market research report titled Global Automotive Engineering Service Providers (ESP) Market 2020-2024 (Graphic: Business Wire)
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increasing vehicle digitization and electrification has been instrumental in driving the growth of the market.
Automotive Engineering Service Providers (ESP) Market 2020-2024: Segmentation
Automotive Engineering Service Providers (ESP) Market is segmented as below:
Service
- Powertrain
- Complete Vehicle
- Electrical/electronics
- Others
Geographic Segmentation
- APAC
- Europe
- MEA
- North America
- South America
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40095
Automotive Engineering Service Providers (ESP) Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive engineering service providers (ESP) market report covers the following areas:
- Automotive Engineering Service Providers (ESP) Market Size
- Automotive Engineering Service Providers (ESP) Market Trends
- Automotive Engineering Service Providers (ESP) Market Industry Analysis
This study identifies development of autonomous vehicles as one of the prime reasons driving the automotive engineering service providers (ESP) market growth during the next few years.
Automotive Engineering Service Providers (ESP) Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the automotive engineering service providers (ESP) market, including some of the vendors such as AKKA Technologies SE, AVL List GmbH, Bertrandt AG, Capgemini Service SAS and EDAG Engineering Group AG. Backed with competitive intelligence and benchmarking, our research reports on the automotive engineering service providers (ESP) market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform
Automotive Engineering Service Providers (ESP) Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist automotive engineering service providers (ESP) market growth during the next five years
- Estimation of the automotive engineering service providers (ESP) market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive engineering service providers (ESP) market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive engineering service providers (ESP) market vendors
Table of Content
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY SERVICE
- Market segmentation by service
- Comparison by service
- Powertrain Market size and forecast 2019-2024
- Complete vehicle Market size and forecast 2019-2024
- Electrical/electronics Market size and forecast 2019-2024
- Others Market size and forecast 2019-2024
- Market opportunity by service
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- Europe Market size and forecast 2019-2024
- North America Market size and forecast 2019-2024
- APAC Market size and forecast 2019-2024
- South America Market size and forecast 2019-2024
- MEA Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 09: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 10: MARKET TRENDS
- Development of autonomous vehicles
- Fully integrated engineering data process chain for additive manufacturing
- Industry 4.0: Trends impacting automotive ESP
PART 11: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- AKKA Technologies SE
- AVL List GmbH
- Bertrandt AG
- Capgemini Service SAS
- EDAG Engineering Group AG
- HCL Technologies Ltd.
- IAV GmbH Ingenieurgesellschaft Auto und Verkehr
- Larsen Toubro Ltd.
- Ricardo Plc
- Tech Mahindra Ltd.
PART 13: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 14: EXPLORE TECHNAVIO
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200319005430/en/
Contacts:
Technavio Research
Jesse Maida
Media Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
