汽車工程服務外包的全球市場 - 成長，趨勢，預測(2019年∼2024年)
Automotive Engineering Services Outsourcing Market - Growth, Trends, and Forecast (2019 - 2024)
|出版商||Mordor Intelligence LLP||商品編碼||907019|
|出版日期||內容資訊||英文 95 Pages
|汽車工程服務外包的全球市場 - 成長，趨勢，預測(2019年∼2024年) Automotive Engineering Services Outsourcing Market - Growth, Trends, and Forecast (2019 - 2024)|
|出版日期: 2019年06月01日||內容資訊: 英文 95 Pages||
The global automotive engineering services outsourcing market is expected to register a CAGR of ~15%, during the forecast period, 2019-2024.
The global automotive engineering services outsourcing market has been segmented by application type, location type, and geography.
Automotive companies around the world are experiencing the need to increase their engineering prowess, to keep pace with increasing consumer demand for new products. While such demand is generally good for business, it creates greater challenges.
The constant pressure to quickly design, prototype, manufacture, and launch new products in the marketplace, in response to ever-decreasing product lifecycles and greater demand, is placing a strain on the in-house engineering workforces and processes of companies.
Auto manufacturers contribute to the major share of the total engineering services outsourcing to the service companies. The top 30 major global engineering outsourcers, like Volkswagen, BMW, Daimler, Renault, and Ford, among others, have aggregated engineering services spending of nearly USD 8 billion, per year. The following are the advantages that the companies can obtain, by using outsourcing services:
Thus, by augmenting their existing engineering capabilities with outsourced services, to meet today's product development needs, companies are reducing operating costs and are positioning themselves for a sustained higher growth, which is expected to drive the market studied.
India accounts for around 30% of all the available Engineering Service Outsourcing (ESO) and Business Process Outsourcing (BPO) talent, among the low-cost countries. The ESO sector, in the country, is shifting from the traditional back-office services of the past to the more high-end technology work and is now serving several growing sectors, including automotive.
In India, within its Global In-House Centers (GICs), approximately 50,000 Full-Time Equivalents (FTEs) are expected to be part of the automotive engineering services market. Apart from GICs, there are multiple other Indian automotive service providers and traditional BP/IT service providers, that also deliver automotive engineering services.
The top cities for delivery of automotive engineering in India are Pune, Chennai, Bangalore, and Delhi. Pune and Chennai are the largest automotive hubs in India, comprising nearly 50% of the automotive engineering service market.
Key skills in the automotive engineering service market include testing and quality assurance, software development for embedded systems, systems engineering, electrical/electronic engineering, engine design, and design analysis.
The strong track record of Indian vendors, in outsourcing services, has won the confidence in the automobile companies' capabilities. The average experience of outsourcing vendors in the country is nearly 14 years. Many of these vendors already have a great deal of experience in winning and retaining contracts. The delivery models are well established, and the vendors have the ability to maintain a very high level of quality control, which has been the driving force behind the market, over the past few years.
One offset to the growth of the current market in the country may be the lack of proper infrastructure, with respect to the automotive segment. While the IT infrastructure is adequate for the current requirements, the same is not true for other sectors (including automotive), requiring much investment, in the future.
Some of the major players dominating the market are AVL, Bertrandt AG, EDAG Engineering GmbH, IAV GmbH, and Altran.