Elektroniksystem- und Logistik-GmbH

Automotive Engineering Services Outsourcing (ESO) Market Report 2022: Featuring Onward Technologies, Altran Technologies, ESG Elektroniksystem & More

Retrieved on: 
Wednesday, January 11, 2023
Originality, AVL, EDAG, Onward Technologies, ITK, National Engineering Services Pakistan, Elektroniksystem- und Logistik-GmbH, Growth, Engineering, ESG, ESPS, US, Original equipment manufacturer, Renewable energy

The global automotive engineering services outsourcing market was valued US$ 50.28 Bn in 2020 and is expected to register growth at 8.3% CAGR during the forecast period from 2022 to 2030.

Key Points: 
  • The global automotive engineering services outsourcing market was valued US$ 50.28 Bn in 2020 and is expected to register growth at 8.3% CAGR during the forecast period from 2022 to 2030.
  • Consequently, outsourcing of automotive engineering services has surged in these countries.
  • The trend is expected to continue and the region is poised to remain one of the major automotive engineering services markets throughout the forecast period.
  • In 2020, the demand for design & prototyping service was highest in the global automotive engineering services outsourcing market.

Automotive Engineering Services Outsourcing (ESO) Market Report 2022: Asia Pacific Remains The Most Attractive Business Destination for Service Providers - ResearchAndMarkets.com

Retrieved on: 
Monday, January 9, 2023
Other Automotive, Automotive Manufacturing, Manufacturing, Automotive, Originality, AVL, EDAG, Onward Technologies, ITK, National Engineering Services Pakistan, Elektroniksystem- und Logistik-GmbH, Growth, Engineering, ESG, ESPS, US, Original equipment manufacturer, Renewable energy

The global automotive engineering services outsourcing market was valued US$ 50.28 Bn in 2020 and is expected to register growth at 8.3% CAGR during the forecast period from 2022 to 2030.

Key Points: 
  • The global automotive engineering services outsourcing market was valued US$ 50.28 Bn in 2020 and is expected to register growth at 8.3% CAGR during the forecast period from 2022 to 2030.
  • Asia Pacific represents the most lucrative business destination for automotive engineering service providers.
  • The trend is expected to continue and the region is poised to remain one of the major automotive engineering services markets throughout the forecast period.
  • In 2020, the demand for design & prototyping service was highest in the global automotive engineering services outsourcing market.