Automotive Engineering Services Outsourcing (ESO) Market Report 2022: Featuring Onward Technologies, Altran Technologies, ESG Elektroniksystem & More
Retrieved on:
Wednesday, January 11, 2023
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.