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?

So, automotive consulting? Think of it as business advice, but only for the car industry. These consultants usually have years under their belts. Basically, Automobile Consulting steps in to help car companies (the big guys, OEMs) really focus on what customers want, using their size, design smarts, and how they build things. Now, "Automotive Services" that's your repair shops, rebuilders, anything that fixes cars or parts, even collision work, paint jobs, and those commercial carwashes. What's cool is that lots of engineering firms are investing in North America, which means more chances to grow in that area. As for what consultants do, they help with strategic planning, spotting trends, and keeping an eye on how things are going. They also give advice to manufacturers, which could be anything from making a production line better to helping them team up with governments.

North America Automotive Industry Consulting Service Market Overview

The automotive industry consulting service market is really taking off, mostly because the auto industry itself is booming in North America. We're seeing more and more cars being sold in the United States, Canada, and Mexico, which means more demand for consulting services in that sector. People in North America really love their cars, and that's pushing vehicle sales even higher. Plus, there's a big push towards cleaner transportation, with more people buying EVs, which is also helping the market grow. According to the U.S. Environment Protection Agency (EPA), the average passenger vehicle throws out 4.6 metric tons of CO2 every year. To put that in perspective, every gallon of gasoline burns off 8,887 grams of CO2, and diesel burns off even more at 10,180 grams CO2 per gallon! Because we're all becoming more aware of how bad fuel vehicles are for the environment, sales of electric vehicles (EVs) are really taking off.

The rising popularity of outsourcing is really driving the need for automotive consulting. The car industry is still vulnerable to supply chain issues, especially since it relies so heavily on raw material providers and semiconductor suppliers. Plus, those tougher environmental laws aimed at keeping our air clean are putting even more pressure on OEMs and automakers to stay compliant. That's why they're turning to consultants for help designing and putting in place smart strategies that can boost sales and minimize risk. And let's not forget electric vehicles! Demand is soaring thanks to growing environmental awareness, helpful government programs, longer driving ranges, more charging stations, and automakers really getting on board. All of this is expected to supercharge market growth going forward.

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

When we look at the North America Automotive industry consulting service Market, we can break it down by the type of consulting offered. That includes things like Process engineering, Environmental consultancy, Strategic advice and investigation, Construction and project management, and, of course, a catch-all "Others" category. Back in 2020, Process engineering was the big cheese. But get this – Environmental consultancy is predicted to be the fastest-growing area moving forward! Why? Well, everyone wants to improve their design, manufacturing, and assembly – all thanks to process management helping boost customer satisfaction. Plus, with all those strict environmental rules popping up to keep vehicle pollution in check, environmental consulting is set to take off. So, if you're an automotive parts supplier or an original equipment manufacturer (OEM), you really need to pay attention to those rules and regulations. Staying compliant is a major driver for growth in this market.

North America Automotive Industry Consulting Service Market, By Geography

• United States• Canada• Mexico

Looking at things regionally, we've broken down the market into the United States, Canada, and Mexico. Seems like the United States was really leading the pack back in 2021, but get this – Canada is expected to grow the fastest in the next few years! A big reason for all this growth is that more and more people are buying cars. The increased demand for cars in North America is pushing car manufacturers and OEMs to really ramp up production. In fact, The International Labour Organization (ILO) says that in North America, motor vehicle sales jumped by 30%, from 20 million in 2010 to 26 million in 2018, and they expect that trend to continue. Plus, there's a lot of government support for zero-emission vehicles, which is really helping 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

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Reasons to Purchase this Report

We take a close look at the market using both numbers and deeper understanding, dividing it into segments based on all sorts of things, not just money. You'll get the market value (in USD Billion!) for every slice and sub-slice. We'll point out which regions and segments are likely to grow the fastest and be the biggest. Our analysis breaks down each geographic area, showing where the product/service is used most and what's impacting the market there. We'll also cover the competitive scene, ranking the big players and highlighting their new launches, partnerships, expansions, and acquisitions from the last five years. Dive into detailed company profiles, packed with overviews, insights, product comparisons, and SWOT analysis for the major players. We'll give you a current and future view of the market, considering recent changes, opportunities, growth drivers, and the challenges for both new and established regions. We'll even use Porter's five forces to give you an in-depth understanding of the market. Plus, you'll get insight through a Value Chain analysis and a look at market dynamics, including future growth opportunities. And to top it off, we offer 6 months of analyst support after your purchase!

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