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prachi cmi @prachicmi
7 hours ago
Automotive Engineering Services Market: Size, Trends, and Growth Outlook

The Global Automotive Engineering Services Market size is estimated to be valued at USD 132.12 billion in 2025 and is expected to reach USD 260.76 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 10.2% from 2025 to 2032. Automotive Engineering Services Market Growth reflects dynamic market drivers including rising demand for fuel efficiency, electrification, and regulatory pressures. The expanding market scope is shaped by comprehensive market insights revealing increasing collaborations among automotive OEMs and engineering service providers focused on reducing product development cycles. The market report further emphasizes key market segments such as ADAS development, powertrain engineering, and vehicle electrification services contributing to the overall industry size.

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08:39 AM - Jul 09, 2025 (UTC)

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