APRIL - JUNE - 2023AUTO BUSINESS OUTLOOK 6The requirement for automotive engineering services is gaining momentum with the rising trend of emission less transportation and the demand for advanced safety features. Progressive developments and augmentation of the automotive industry are also driving the growth of the automotive engineering services market. The automotive engineering services market is anticipated to grow to driving factors such as developments and the adoption of electric vehicles and the increasing demand for advanced connectivity solutions. This year promises to bring information-centric technologies in the spotlight. Organizations will witness increased adoption of new technologies in their operations at an unprecedented scale. Technologies artificial intelligence (AI) and big data & analytics will at the forefront of this rapid transformation, complemented by the internet of things (IoT) and blockchain. Set against this transforming backdrop, automotive engineering service providers are tapping on new opportunities created due to the COVID-19 pandemic. Automotive OEMs are riding on the disruptive technology trends to deploy advanced driver-assistance systems (ADAS) with the aim to achieve product differentiation and gain competitive edge. OEMs are also collaborating with consumer electronics, energy, and telecommunications companies to further optimize and enhance engineering solutions. The upswing of autonomous vehicles provides thriving possibilities for market players in the coming years. Competitive pricing is another contemporary pattern that the automotive industry treasures. Cars are much more logically price tagged now just like any other electronic product. It is certainly not technological but competitive pricing that is deemed among a crucial trend in the industry of automobiles. By using innovative evaluating software and analytical tools, engineering experts are working hard on delivering refined models and vehicle technologies at highly competitive prices. As the automotive engineering services metamorphosis continue, we present the top 10 automotive engineering services companies that are redefining innovation and efficiency. This edition features insightful articles that emphasize on the manifold benefits of using the latest technologies for better results. Let us know your thoughts!The Rising Demand of Automotive EngineersCopyright © 2023 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Editorial StaffClaire Jonathan David CarterOlivia HarperVisualizersManaging EditorMaryann Collins*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffMaryann CollinsManaging Editoreditor@autobusinessoutlook.comApril - June 2023 Volume 03 Issue - 02 (ISSN 2837-3545)Published by ValleyMedia, Inc. To subscribe to Auto Business OutlookVisit www.autobusinessoutlook.com Email:sales@autobusinessoutlook.comeditor@autobusinessoutlook.commarketing@autobusinessoutlook.comEDITORIALAsher Blake600 S Andrews Ave Ste 405, Ft Lauderdale, Fl 33301
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