The automotive engineering sources outsourcing market was estimated to be worth USD 85.8 billion globally in 2022, and a compound annual growth rate (CAGR) of 11.2% is anticipated throughout the projected period. The market is expanding due to the quick demand for improved and sophisticated connectivity solutions. The increasing need for improved connectivity solutions can be attributed to their capacity to provide a range of services, including remote diagnostics, smart entertainment, navigation, and passenger safety.
The growing complexity of automotive technology, such as electric cars and driverless driving, is fueling the need for specialist engineering services. Companies in the automobile industry can cut costs by outsourcing their internal R&D, testing, and development. The market is expanding as a result of growing urbanization and industrialization.

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Growth Drivers
The demand in this industry is being driven mostly by the growing need to reduce operating costs by taking advantage of lower-cost labor with the assistance of automobile businesses. Through outsourcing, auto companies can access cutting-edge technologies and specialized expertise that are not available inside. With outsourcing, you may easily scale up or down operations in response to demand without having to make significant internal adjustments. The process of developing new products is improved by the cutting-edge technology and creative solutions that outsourcing partners frequently bring in.
Automotive firms are expanding globally, and outsourcing enables them to more effectively handle varied markets and comply with local rules. The time it takes to bring new cars and technologies to market is shortened and product development cycles are accelerated when some operations are outsourced. By splitting up the job across several providers, you may reduce the risk of production and supply chain interruptions. The majority of the globe is seeing an increase in outsourcing, which is fueling industry expansion.
Segmentation
Applications
· Powertain and After treatment
· Body and Chassis
· Infotainment and Connectivity
· Autonomous Driving
· Others
Location
· On-Shore
· Off-Shore
Service
· Designing
· Prototyping
· System Integration
· Testing
· Others
Regional Outlook
· Asia Pacific
· North America
· Latin America
· Europe
· Middle East and Africa
Key Players
· AKKA
· Alten Group
· ASAP Holdings GmbH
· EDAG Group
· FEV Group GmbH
· ITK Engineering GmbH Kistler group
· FEV Group GmbH
· Horiba, Ltd
· ESG Elektroniksystem – und-logistic-GmbH
· P3 Group GmbH
· RLE International Group
· ARRK Product Development Group Ltd
· Altair Engineering Group
· Other Players
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