North America Automotive Industry Consulting Service Market Size By Type (Process Engineering, Environmental Consultancy, Strategic Advice and Investigation), By Application (Automotive Manufacturers, and Automotive Components Manufacturers), By Geographic Scope And Forecast

North America Automotive Industry Consulting Service Market Size And Forecast

North America Automotive Industry Consulting Service Market size was valued at USD 36.17 Billion in 2024 and is projected to reach USD 64.20 Billion by 2031, growing at a CAGR of 8.20% during the forecasted period 2024 to 2031.

The automotive industry consulting service market is growing at a robust rate mainly due to the growing automotive sector in North America. The demand for automotive consultancy is further fueled by the rise in the trend of outsourcing services. The North America Automotive Industry Consulting Service Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

What is Automotive Industry Consulting Service?

Automotive consulting is a type of business consultancy aimed specifically at the automotive industry. Automotive consultants typically have several years of experience in the business. Automobile Consulting helps automotive OEMs become more customer-centric by utilizing its scale, engineering, and manufacturing expertise. Automotive Services means the repair, rebuilding or reconditioning of motor vehicles or parts thereof, including collision service, painting and steam cleaning of vehicles and commercial carwashes. Many engineering service providers are also planning their organic and inorganic investments in North America, thus creating growth opportunities for the market in the region. The consulting services for automotive industry provides strategic planning, identify trends, monitor performance, etc. Providing advisory services to manufacturers is another aspect of automotive consulting. These services might range from improving a production line to assisting businesses in developing partnerships with national governments.

North America Automotive Industry Consulting Service Market Overview

The automotive industry consulting service market is growing at a robust rate mainly due to the growing automotive sector in North America. The number of the automotive sale in the United States, Canada, and Mexico is on constant rise, this drives the demand for the consulting service in the automotive sector. Automotive vehicles are the most preferred mode of transit in North America, which is escalating the sales of vehicles. The trend is shifting towards deploying clean transportation through promoting sales of EVs in the region is fueling the market growth. According to the U.S Environment Protection Agency (EPA), annually a passenger vehicle emits 4.6 metric ton of CO2 with per gallon of gasoline emit 8,887 grams CO2 and diesel emits 10,180 grams CO2/ gallon. Rise in the global awareness regarding hazardous effect of the fuel vehicles is thriving sales of the electric vehicles (EV).

The demand for the automotive consultancy is further fueled by the rise in the trend of outsourcing services. The automotive industry is as always susceptible to the losses from the demand-supply gap due to higher dependency on the raw material providers, semiconductor suppliers and others. Stringent environmental laws for maintaining the quality of the air have further increased pressure on the OEMs and automakers to meet the standard. This leads to adoption to the consulting service to maintain and advise on designing and implementing effective strategy to increase the sales and reduce the risk. The demand for electric vehicles are on rise due to environmental awareness, favorable government initiatives, increased vehicle range, increased charging infrastructure availability, and proactive participation by automobile original equipment manufacturers is projected to push the market growth in the forecast period.

North America Automotive Industry Consulting Service MarketSegmentation Analysis

The North America Automotive Industry Consulting Service Market is segmented on the basis of Type, Application, and Geography.

North America Automotive Industry Consulting Service Market, By Application

• Automotive Manufacturers• Automotive Components Manufacturers

Based on Application, the market is segmented into Automotive Manufacturers, and Automotive Components Manufacturers. In 2020, the Automotive Manufacturers segment grabbed highest market share and emerged as the leading solution type. The growth of the segment is attributed to increasing number of the automotive manufacturers in the region. Strong foothold of the automakers such as General Motors (GM), Tesla, Jeep, Stellantis, Ford Motor Company and others in the region is driving the need for the automotive consulting service for efficient management.

North America Automotive Industry Consulting Service Market, By Type

• Process engineering• Environmental consultancy• Strategic advice and investigation• Construction and project management• Others

On the basis of Type, the North America Automotive industry consulting service Market has been segmented into Process engineering, Environmental consultancy, Strategic advice and investigation, Construction and project management, and Others. The Process engineering segment dominated the application segment in 2020 whereas the Environmental consultancy segment is expected to grow at the fastest CAGR in the years to follow. The demand for the process management is growing mainly as it is used for improving the designing, manufacturing and assembly for better customer satisfaction. The environmental consulting is projected to show promising growth as stringent environmental regulation to control the vehicle pollution. Thus, Automotive parts suppliers and original equipment manufacturer (OEMs) need to adhere the stringent regulation imposed by the regulatory authorities, thereby fueling the market growth.

North America Automotive Industry Consulting Service Market, By Geography

• United States• Canada• Mexico

On the basis of regional analysis, the market is classified into United States, Canada and Mexico. United States emerged as the leading region in 2021, whereas Canada is anticipated to grow at fastest growth rate in the years to follow. The growth of this region is mainly attributed to growing sales of the automotive vehicles in the vehicle. The rising demand for automobiles in North America is boosting demand for car manufacturing and OEMs to keep up with demand. According to The International Labour Organization (ILO), In North America, motor vehicles sale increased by 30% from 20 million units in 2010 to 26 million units in 2018 and it will grow during the forecast period. Rising government support for zero emission transportation driving the U.S. automotive consulting services market.

Key Players

The “North America Automotive Industry Consulting Service Market” study report will provide a valuable insight with an emphasis on the market including some of the major players such as Accenture plc, Deloitte, pricewaterhouseCoopers (pwC), KPMG, Ernst & Young Global Limited (EY), McKinsey & Company, Bain & Company, Boston Consulting Group (BCG), Kearney, OliverWyman, FTI consulting, L.E.K Consulting, MecaMate, Alvarez and Marsal, Nextcontinent, NMS Consulting, Baker Tilly, Kepler, YCP Solidiance, Procura Consulting, Ramboll Group, Porsche Consulting.  The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.

Report Scope

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

Customization of the Report

• In case of any  please connect with our sales team, who will ensure that your requirements are met.