Navigating the Future of the Automotive Landscape: ACES Automotive Engineering State of the Market
State of the Market report

7 Feb 2024
by Nishant Udupa, Susmitha Devisetty, Gokul K

The automotive sector is experiencing accelerated growth due to the convergence of global sustainability imperatives, heightened consumer expectations for efficient and safer vehicles, and rapid technological advancements. In this dynamic environment, the automotive industry is shifting from traditional mobility solutions to embrace a software-centric approach. 

The report provides an overview of enterprise spending for the automotive market, global automotive business dynamics, insights into various regulatory frameworks, and details around software-centric developments that revolutionize vehicle manufacturing, ownership, and operations.

Our study examines the market size, trends, and enterprise priorities within each segment of autonomous, connected, electric, and shared mobility. This section includes key growth drivers, key enterprise challenges, and the roles of service providers. Additionally, we have allocated a dedicated section to analyze the outsourcing market, which includes enterprise spend analysis, the scope and offerings of outsourcing, delivery presence, enterprise feedback on service providers, and competitive investments made by service providers.

Scope 

Industry: ACES automotive engineering services

Geography: All geographies

Contents

This report is divided into the following three sections:

  • Market overview and emerging trends: provides enterprise spend trend, market split by geography, software spend for automakers, global automotive business dynamics, and update on regulatory frameworks in the automotive engineering space 
  • ACES market overview: contains enterprises spend across ACES mobility, key growth drivers for the market, detailed observation on autonomous, connected, electric, and shared mobility market size and trends, key enterprise challenges, and role of service providers
  • Outsourcing landscape: includes spend analysis, offerings and scope of outsourcing, areas of engagement, delivery presence and competitive investments from service providers

Membership(s)

Outsourcing Excellence

Engineering Research and Development

 

 

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