Global Automotive Transmission Engineering Services Market Report 2022

0

ReportLinker

Key players in the automotive transmission engineering services outsourcing market include AVL GmbH, FEV GmbH, IAV GmbH, Ricardo Plc, Intertek Group Plc, Porsche Engineering, Tata Consultancy Services Limited, Magna International Inc.

New York, Oct. 07, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the “Automotive Transmission Engineering Services Outsourcing Global Market Report 2022″ – https://www.reportlinker.com/p06325398/?utm_source=GNW
, Magneti Marelli SpA, Horiba, Ltd., Intertek Group plc, Dr. Ing. hc F. Porsche AG., Marelli Holdings Co., Ltd., Bertrandt AG, ALTEN Group, Altran, AISIN SEIKI Co., Ltd., ZF Friedrichshafen AG, Schaeffler Engineering GmbH, Continental AG, Eaton and Smart Manufacturing Technology Ltd.

The global automotive transmission engineering services outsourcing market is expected to grow from $11.02 billion in 2021 to $11.78 billion in 2022 at a compound annual growth rate (CAGR) of 6.8% . The automotive transmission engineering services outsourcing market is expected to reach USD 14.19 billion in 2026 with a CAGR of 4.8%.

The automotive transmission engineering services outsourcing market consists of the sale of automotive transmission engineering services by entities (manufacturers, sole traders, and partnerships) that provide outsourced development assistance for automotive transmission systems. point. Automotive transmission engineering is an important process in automobile manufacturing and it is performed to ensure that power flows from the engine to the wheels to provide vehicle motion.

The main types of automotive transmission engineering outsourcing services are design, prototyping, testing, systems engineering and integration, and simulation.

Design services also include the supply of a new set of transmission components or systems to be used as a starting point for the final design. Both types of powertrains are conventional and hybrid and support both automatic and manual transmission types.

Automotive transmission engineering service outsourcing services are applied for commercial automobile, industrial automobile and passenger automobile.

Asia-Pacific was the largest region in the Automotive Powertrain Engineering Services Outsourcing Market in 2021. The regions covered in the Automotive Powertrain Engineering Services Outsourcing market report are: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. .

The Automotive Transmission Engineering Services Outsourcing Market research report is one of a series of new reports that provide statistics on the Automotive Transmission Engineering Services Outsourcing market, including Global Automotive Transmission Engineering Services Outsourcing Industry Market Size, Regional Shares, Competitors with Automotive Transmission Engineering Services Outsourcing Market Share, Detail Market Segments automotive transmission engineering services outsourcing, market trends and opportunities, and any other data you may need to thrive in the automotive transmission engineering services outsourcing industry. This Automotive Transmission Engineering Services Outsourcing Market research report delivers a comprehensive perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Rising vehicle production and growing demand for hybrid vehicles will propel the growth of the automotive transmission engineering services outsourcing market over the forecast period. A hybrid automobile has two or more motors, one of which is an electric motor and the other of which is a conventional motor. petrol or diesel engine.

The advantage of a hybrid car over a gasoline-powered car is leading to an increase in the number of automotive vehicles, which is driving the growth of outsourcing automotive transmission engineering services across the globe. For example, in 2021, hybrid vehicles accounted for 19.6% of all new passenger cars sold in the EU region. This figure is higher than the 11.9% market share held in 2020. The environment-friendly nature of hybrid vehicles has increased the demand for hybrid vehicles and is driving the market for outsourced powertrain engineering services automobile.

Technological advancements in the field of automotive transmission are a key trend followed in the automotive transmission engineering services outsourcing market. The adaptation of new technological advancements by companies is resulting in a major growth opportunity in the automotive transmission engineering services outsourcing market.

For example, in June 2021, the IAV and the Massachusetts Institute of Technology (MIT) launched a cooperative research project on alternative propulsion systems in June 2021, analyzing and evaluating various types of drives in heavy-duty vehicles based on hydrogen, electrification, hybridization and combustion of methane.

In June 2019, Capgemini, a global leader in consulting, IT services and digital transformation, announced the acquisition of Altran Technologies for $3.68 billion. With this acquisition, Capgemini, associated with the expertise of Altran, will support the digital transformation of industrial companies, which is the most dynamic segment of the market. Altran Technologies is a French specialist in engineering and R&D services in the aeronautics, automotive, telecoms and other major sectors.

The countries covered in the Automotive Transmission Engineering Services Outsourcing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the United Kingdom and the United States.
Read the full report: https://www.reportlinker.com/p06325398/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

__________________________

CONTACT: Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001
Share.

Comments are closed.