Report Description

Global Automotive Research & Development Services Market, By Vehicle Type (Passenger Cars, Two-Wheeler & Commercial Vehicles), By Components (Body, Main Parts, Electronics & Electrical, etc), By Company and By Geography, Forecast & Opportunities, 2014-2024

  • Publish Date: NA
  • Format : PDF
  • Pages : 118
  • Industry : Automotive

Global Automotive Research and Development Services Market is projected to grow at a CAGR of over 8%, in value terms during the forecast period backed on growing urbanization and growing demand for advance technology systems in automobiles. Customers demand of vehicle safety, quality, reliability and utility are at an all-time high due to this the industry needs to maintain their products and have started investing in the research and development areas. APAC region dominates the market as the spending in the research and development departments in some countries like China and Japan put the region ahead and is expected to maintain its dominance during the forecast period as well.

Years considered for this report:

Historical Year: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020-2024

Objective of the Study:

  • To analyze and forecast the market size of Automotive Research and Development Services in terms of value (USD Billion).
  • To classify and forecast global Automotive Research and Development Services based on vehicle type, component type and regional distribution.
  • To identify drivers and challenges for global Automotive Research and Development Services Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Automotive Research and Development Services Market.

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Some of the major key players operating in Automotive Research and Development Services are Volkswagen, Toyota, Tesla, Daimler, Robert Bosch, BMW Group, Continental, BASF, Ford, Honda, General Motors etc.

To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of Automotive Research and Development Services players operating globally. Subsequently, TechSci Research conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include service providers which could not be identified due to the limitations of secondary research. TechSci Research analysed product offerings and regional presence of all major Automotive Research and Development Services supplier across the globe.

TechSci Research calculated the market size for Global Automotive Research and Development Services using a bottom-up technique, wherein service providers’ volume sales data for different applications, were recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analysing historical sales data of respective service providers to arrive at the overall market size. Multiple secondary sources such as directories, Company Websites, company annual reports, white papers, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Automotive OEMs
  • Automotive Research and Development Services providers
  • Research Institutes
  • Associations, organizations, forums and alliances related to Automotive Research and Development Services.
  • Industry associations
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Automotive Research and Development Services service providers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, Global Automotive Research and Development Services market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Vehicle Type:
    • Passenger Cars
    • Two-Wheelers
    • Commercial Vehicles
  • Market, by Components:
    • Body & Main Parts
    • Electronics & Electrical
    • Powertrain & Chassis
  • Market, by Region:
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
    • Europe & CIS
      • France
      • Germany
      • United Kingdom
      • Italy
      • Poland
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Rest of the World

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Automotive Research and Development Services.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

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