WHAT THIS BLUEPRINT REPORT COVERS
The 2018 HfS Automotive Engineering Services Blueprint Report provides a market overview and evaluation of the leading service providers in this space. This includes their skills across the HfS Automotive Engineering Services Value Chain: New Product Development, Product Sustenance, Manufacturing, Support, Testing & Certifications, Services, and Software Implementation across interior, body, chassis systems, powertrain, electric/electronic, ADAS, and other systems.
WHAT YOU’LL KNOW AFTER READING
- Key trends driving the automotive engineering services market
- The strengths and challenges to take into consideration for the service providers including their capability, vision, and investment priorities
- Areas we expect to see the most growth in over the next few years
- Recommendations for both service buyers and service providers to get the most out of their relationships and to stay relevant in this market respectively
KEY MARKET DYNAMICS
- Increase in Number of Turnkey Projects: The R&D spend has increased for automotive OEMs and tier-1 suppliers due to more competition and emerging automotive trends. The automotive companies are allocating more dollars in the areas of self-driving, connected car, and electric vehicle. This increasing R&D spend will drive outsourcing particularly turnkey projects.
- Consortiums are the New Decision Makers: Automotive industry is observing the rise of consortium led approach in which one or more OEMs, tier-1 suppliers and technology companies are collaborating. This is changing the dynamics of the sourcing decision from a top down (OEM led) to a more collaborative approach.
- Digital is the New Future: In automotive, the software content is increasing with the applications of HMI, IVI, instrument clusters, autonomous driving etc.
- Increasing Need for Testing and Validation: In recent times, automotive OEMs are affected by huge number of vehicle recalls across geographies, incurring more cost and less trust among customers. So, there will be an increasing focus on more rigorous testing and validation methodologies and processes.
- More Focus on Consumer Preferences and Design: As cars are becoming more technology savvy, the automotive OEMs are also focusing on consumer preferences that involves the aesthetic aspects of the vehicle.
WHO SHOULD READ THIS REPORT
Executive leaders and business unit leaders, technology leaders, R&D leaders, management consultants, investment professionals, advisors, and outsourcing managers who have responsibilities in building out automotive engineering service delivery capabilities.
SERVICE PROVIDERS WE DISCUSS
ÅF, Alten, Altran, AKKA Technologies, Assystem Technologies, AVL, Bertrandt, Capgemini, Cognizant, EDAG, HARMAN, HCL, IAV, Infosys, ITC Infotech, KPIT, L&T Technology Services, Luxoft, Ness, Sasken, TCS, Tata Elxsi, Tech Mahindra, Tata Technologies, and Wipro