Automotive Engineering Service Market Forecast to Surpass $243.9 billion by 2028
The global automotive engineering services market is projected to grow from an estimated $153.2 billion in 2022 to $243.9 billion by 2028, registering a CAGR of 8.1%.
The growing demand of zero-emission vehicles, advancements in technologies such as ADAS, battery management, connectivity, among others, and rising commercial transport are expected to increase the demand for automotive engineering...
Automotive Engineering Services Market Projected to reach $253.9 billion by 2027
The report “Automotive Engineering Services Market by Application (ADAS & Safety, Body Electrical & Electronics, Chassis, Connectivity, Interior/Exterior, Powertrain & Exhaust, Battery, Motor, Charger Test, Simulation), Service, Location & Vehicle – Forecast to 2027″, is projected to grow at a CAGR of 8.8% from USD 153.3 billion in 2021 to USD 253.9 billion...
Automotive Engineering Services Market (2021-2027)
The global Automotive Engineering Services Market is projected to grow at a CAGR of 8.8% from USD 153.3 billion in 2021 to USD 253.9 billion by 2027.
Vehicle manufacturers are increasingly focusing on the implementation of advanced technologies in vehicles. The megatrends of vehicle lightweighting, autonomous vehicles, connectivity services, and electrification of vehicles will transform the...