- The automotive engineering services market is growing as manufacturers focus on improving vehicle design and performance through outsourced expertise in development and testing
- Increasing adoption of advanced technologies in vehicles is driving demand for specialized engineering services to support innovation and regulatory compliance
- Asia-Pacific dominates the automotive engineering services market with the largest revenue share of 41.3% in 2024, driven by the strong presence of leading automotive OEMs and the rapid development of electric vehicles (EVs) and connected car technologies across countries such as China, Japan, and India
- Europe region is expected to witness the highest growth rate in the global automotive engineering services market, driven by increasing demand for electric vehicles (EVs), stringent emission regulations, and accelerated investments in autonomous driving and connected car technologies across the region
- The designing segment dominated the largest market revenue share in 2024, driven by increasing complexity in vehicle aesthetics and functionality. Automakers rely on design services to optimize vehicle performance while meeting customer expectations for innovation and comfort. The demand for computer-aided design (CAD) and virtual design validation has significantly increased, further boosting this segment
