The Automotive Transmission Engineering Services Outsourcing Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Automotive Transmission Engineering Services Outsourcing Market?
The market size of the Automotive Transmission Engineering Services Outsourcing Global Market Report 2024 has shown consistent growth. The market is projected to increase from $12.64 billion in 2024 to $13.17 billion in 2025, with a compound annual growth rate (CAGR) of 4.2%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Automotive Transmission Engineering Services Outsourcing Industry?
The global market for automotive transmission engineering services outsourcing is forecasted to reach $16.41 billion in 2029, growing at a compound annual growth rate (CAGR) of 5.7%.
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What are the Key Growth Drivers Fueling the Automotive Transmission Engineering Services Outsourcing Market?
The key drivers in the automotive transmission engineering services outsourcing market are:
• Growing demand for hybrid and electric vehicles
• Rising demand for advanced driver assistance systems (ADAS)
• Increase in the demand for connected cars and autonomous vehicles
• Increased focus on reducing carbon emissions in the automotive sector
Global Market Segmentation: Identifying Major Automotive Transmission Engineering Services Outsourcing Industry Segments
The automotive transmission engineering services outsourcing market covered in this report is segmented –
1) By Service Type: Designing, Prototyping, Testing, System Engineering And Integration, Simulation
2) By Powertrain: Conventional, Hybrid
3) By Transmission Type: Automatic, Manual
4) By Application: Commercial Automotive, Industrial Automotive, Passenger Automotive
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What are the Emerging Trends Shaping the Future of the Automotive Transmission Engineering Services Outsourcing Market?
The key trends in the cryogenic insulation market are:
• Advances in transmission technology are emerging as a significant trend.
• There is an increasing trend of outsourcing transmission software development.
• Collaboration between automotive manufacturers and engineering service providers is shaping the future of the market.
• The adoption of digital twin technology in transmission engineering services, and a shift towards virtual testing and simulation in transmission design, are noted as key emerging trends.
Who Are the Top Competitors & Leading Players in the Automotive Transmission Engineering Services Outsourcing Market?
Major companies in the automotive transmission engineering services outsourcing market are:
• AVL List GmbH
• FEV Group GmbH
• IAV GmbH
• Ricardo plc
• Intertek Group plc
• Bertrandt AG
• EDAG Engineering GmbH
• Tata Consultancy Services Limited
• Marelli Europe SpA
• Horiba Ltd.
• Porsche Engineering Group GmbH
• Alten SA
• P3 Automotive GmbH
• Altair Engineering Inc.
• RLE International Group
• ASAP Holding GmbH
• Kistler Holding AG
• M Plan GmbH
• P+Z Engineering GmbH
• Magna International Inc.
• Robert Bosch GmbH
• Akka Technologies India Private Limited
• ESG Group Pty Ltd.
• ITK Engineering GmbH
• ZF Friedrichshafen AG
• Jatco Ltd.
• Aisin Seiki Co. Ltd.
• Infosys Limited
• Wipro Limited
• HCL Technologies Limited
• Tech Mahindra Limited
• Capgemini SE
Regional Dominance: Which Area Leads the Global Automotive Transmission Engineering Services Outsourcing Market?
Asia-Pacific was the largest region in the automotive transmission engineering services outsourcing market share in 2024
