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Pulished Date February, 2020
ID: 8678
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Automotive Transmission Engineering Services Outsourcing Market by Service Type (Designing, Prototyping, Testing, and System Engineering & Integration), Transmission Type (Automatic and Manual), Powertrain (Conventional and Hybrid), and by Region - Global Forecast to 2023

Pulished: February, 2020
ID: 8678
Pages: 175

Market Overview:

Two main types of automotive transmissions are manual and automatic. Vehicle transmission technology is the most important process in the manufacture of a car. The transmission in vehicles allows the flow of power from the engine to the wheels, which guarantees the movement of the vehicle. The growing production of vehicles and the growing demand for hybrid vehicles are the main factors driving the growth of the outsourced vehicle transmission market. The concern for the safety of the environment has increased due to the enormous pollution caused by the emission of gasoline and diesel vehicles. The global outsourcing market for automotive transmission services is estimated at $9.81 billion in 2018 and is expected to grow to a CAGR of 5.68% during the forecast period.

Market value and expected growth:

The global outsourcing market for Automotive Transmission Engineering Services is expected to grow to a CAGR of 5.67% during the forecast period and reach $12.92 billion by 2023, from an estimated $9.81 billion in 2018 Car sales lead to strict emission standards and the introduction of new technologies, such as hybrid transmissions, is driving the market for the outsourcing of vehicle transmission technology. It is estimated that the Asia-Pacific region represents the largest part of the global market for outsourcing of vehicle transmission services. However, at the national level, Germany is the largest market for such services due to its advanced technological infrastructure and the presence of luxury vehicle manufacturers such as Mercedes-Benz, BMW, Volkswagen, and Audi.

Market drivers and restrictions:

Growing environmental problems are causing governments in several countries to motivate car manufacturers to develop environmentally-friendly vehicles. The governments of several countries are motivating automotive companies with tax exemptions and subsidies to ensure that all vehicles manufactured to meet the strict standards of CO2 emissions. This is driving demand for hybrid vehicles, which in turn drives the growth of the global automotive transmission services market. In addition, the increase in fuel prices is also an important reason for the growth of hybrid vehicles. As a result, automakers are focusing heavily on their R & D capabilities to develop fuel-efficient and environmentally friendly vehicles that drive the growth of the automotive transmission market.

One of the main obstacles that inhibit the growth of this market is the high cost associated with hybrid transmission systems. Hybrid vehicle technology is undoubtedly sophisticated and advanced, but the costs of research and development, as well as manufacturing costs for companies, are extremely high compared to the production of conventional vehicles. However, one should also bear in mind that light hybrids and other hybrids (excluding pure hybrid vehicles) with a single engine and less sophisticated clutch system are relatively cheap compared to pure hybrid vehicles. The high costs of manufacturing and development are transferred to the end-users, which makes the vehicles expensive and less accessible for most consumers. In addition to lower affordability, there is also the availability of hybrid vehicles in many parts of the world. Due to the lack of demand for hybrid vehicles, automakers are skeptical about the establishment of new hybrid vehicle production units in new areas. The demand for hybrid vehicles is very low in many countries in the Asia-Pacific region and in Africa.

Market Taxonomy:

By Service Type:

  • Designing
  • Prototyping
  • Testing
  • System Engineering and Integration
  • Simulation

By Transmission Type:

  • Automatic Transmission
  • Manual Transmission

By Powertrain:

  • Conventional Powertrain
  • Hybrid Powertrain

In the automotive transmission engineering services outsourcing market, Asia Pacific holds the largest market share in terms of revenue followed by North America, Europe, Latin America and, Middle East, and Africa (MEA). In the Asia Pacific region, countries such as China and India has been witnessing heavy demand and production for passenger vehicles. This, in turn, is motivating the growth for automotive transmission engineering services outsourcing market in the region. The market in North America and Europe tends to be a bit saturated, but the market is expected to remain stable during the forecast period. By the end of the forecast period, the Middle East and Africa, and Latin America are expected to show significant growth, considering the growth in the automotive sector and rising demand for passenger and commercial vehicles in the regions.

Key Players:

The key players in the automotive transmission engineering services outsourcing market include AVL (Austria), FEV GmbH (Germany), IAV GmbH (Germany), Ricardo Plc (U.K.), Intertek Group Plc (U.K.), Porsche Engineering (Germany), Tata Consultancy Services Limited (India), Magna International Inc. (Canada), Magneti Marelli S.p.A (Italy) and Horiba, Ltd. (Japan) among others.

Research Report Key Highlights:

  • Analyze different market perspectives using the analysis of Porter's five forces.
  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Automotive Transmission Engineering Services Outsourcing Market, By Service Type                              

                                6.1.1 Designing 

                                6.1.2 Prototyping            

                                6.1.3 Testing      

                                6.1.4 System Engineering and Integration            

                                6.1.5 Simulation               

                                6.1.6 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.7 Y-o-Y Growth Rate Analysis             

                                6.1.8 Market Attractiveness Index          

                6.2 Automotive Transmission Engineering Services Outsourcing Market, By Transmission Type                  

                                6.2.1 Automatic Transmission    

                                6.2.2 Manual Transmission          

                                6.2.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.4 Y-o-Y Growth Rate Analysis             

                                6.2.5 Market Attractiveness Index          

                6.3 Automotive Transmission Engineering Services Outsourcing Market, By Powertrain                 

                                6.3.1 Conventional Powertrain  

                                6.3.2 Hybrid Powertrain

                                6.3.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.3.4 Y-o-Y Growth Rate Analysis             

                                6.3.5 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Service Type     

                                7.2.3 By Transmission Type         

                                7.2.4 By Powertrain        

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Service Type     

                                7.3.3 By Transmission Type         

                                7.3.4 By Powertrain        

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Service Type     

                                7.4.3 By Transmission Type         

                                7.4.4 By Powertrain        

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Service Type     

                                7.5.3 By Transmission Type         

                                7.5.4 By Powertrain        

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Service Type     

                                7.6.3 By Transmission Type         

                                7.6.4 By Powertrain        

8. Key Player Analysis                                    

                8.1 AVL                

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 FEV GmbH                  

                8.3 IAV GmbH                   

                8.4 Ricardo Plc                  

                8.5 Intertek Group Plc                   

                8.6 Porche Engineering                 

                8.7 Tata Consultancy Services Limited                    

                8.8 Magna International Inc.                      

                8.9 Magneti Marelli S.P.A                            

                8.10 Horiba Ltd.                

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of by Shielding Type, by Heat Application, Application, along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Automotive Transmission Engineering Services Outsourcing Market By Region, From 2018-2023 ( USD Billion )
  2. Global Automotive Transmission Engineering Services Outsourcing Market By Service Type, From 2018-2023 ( USD Billion )
  3. Global Designing Market By Region, From 2018-2023 ( USD Billion )
  4. Global Prototyping Market By Region, From 2018-2023 ( USD Billion )
  5. Global Testing Market By Region, From 2018-2023 ( USD Billion )
  6. Global System Engineering and Integration Market By Region, From 2018-2023 ( USD Billion )
  7. Global Simulation Market By Region, From 2018-2023 ( USD Billion )
  8. Global Automotive Transmission Engineering Services Outsourcing Market By Transmission Type, From 2018-2023 ( USD Billion )
  9. Global Automatic Transmission Market By Region, From 2018-2023 ( USD Billion )
  10. Global Manual Transmission Market By Region, From 2018-2023 ( USD Billion )
  11. Global Automotive Transmission Engineering Services Outsourcing Market By Conventional Powertrain, From 2018-2023 ( USD Billion )
  12. Global Hybrid Powertrain Market By Region, From 2018-2023 ( USD Billion )

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