Automotive Engineering Services Market Size - By Type, By Application, By Location, By Vehicle, By Propulsion, Analysis, Share, Growth Forecast, 2024 - 2032

Major players in the industry include Alten Group, Capgemini Engineering, Continental, EDAG Engineering, FEV Group, Harman International Industries, IAV, Mahindra Engineering Services, Robert Bosch, and Tata Technologies.

The Germany market is expected to exceed USD 44 billion by 2032, supported by its robust automotive industry and strong R&D investments.

The passenger cars segment held around 64% of the market share in 2023, led by the rising global demand for personal mobility and investments in advanced technologies like electric and autonomous vehicles.

The in-house segment accounted for over 55% of the market share in 2023 and is expected to exceed USD 185 billion by 2032, as manufacturers prefer in-house engineering to maintain control over critical processes.

The market size of automotive engineering services reached USD 164.9 billion in 2023 and is set to grow at a CAGR of 8.2% between 2024 and 2032, driven by the increasing focus on sustainability and fuel efficiency.