The global testing, inspection and certification market is experiencing growth owing to the factors such as increased outsourcing of testing, inspection & certification services and diversified requirement of products and standard regulations. Regulations pertaining to quality, health and environment safety have become stringent in the recent past which is driving the demand for these services. The rising number of accidents, increasing automation in vehicles, advanced and more sophisticated components and features of a vehicle, increasing pollution, these are the factors impacting for the growth of automotive TIC market across globe.
The Global Automotive TIC Market is expected to be around US$ 35 billion by 2027, at a CAGR of 7%.
Global Automotive TIC market is segregated on the basis of service type as testing service, inspection service, certification service and others. Based on application, the global Automotive TIC market is segmented in telematics, vehicle inspection services, electrical systems & components, fuels fluids & lubricants, homologation testing and others. The report also bifurcates global Automotive TIC market based on sourcing type in in-house and outsourced.
Global Automotive TIC market report provides geographic analysis covering regions such as North America, Europe, Asia Pacific, and Rest of World. The Automotive TIC market for each region is further segmented for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Competitive Rivalry
SGS Group, UL LLC, TUV Nord Group are among the major players in the global Automotive TIC market share. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Automotive TIC Market has been segmented as below:
Automotive TIC Market, by Service Type
Automotive TIC Market, by Application
Automotive TIC Market, by Source Type
Automotive TIC Market, By Region
The report covers:
Report scope:
Global Automotive TIC market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Automotive TIC market share. Major industry players with significant revenue share include SGS Group, Eurofins Scientific, UL LLC, Intertek Group, Dekra Se etc.
Reasons to Buy this Report:
Customization:
Customized report as per the requirement can be offered with appropriate recommendations
Below are our new reports:
Emission Monitoring Systems Market
Inertial Measurement Unit Market
Integrated Bridge Systems Market
1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.2.1. Increasing awareness about safety
4.2.2. Increasing in automotive productions
4.3. Restraints
4.3.1. Change in regulation across regions
5. Automotive TIC Market, By Service Type
5.1. Key Points
5.2. Testing Service
5.3. Inspection Service
5.4. Certification Service
5.5. Others
6. Automotive TIC Market, By Application
6.1. Key Points
6.2. Telematics
6.3. Vehicle Inspection Services
6.4. Electrical Systems & Components
6.5. Fuels, Fluids & Lubricants
6.6. Homologation Testing
6.7. Others
7. Automotive TIC Market, By Sourcing Type
7.1. Key Points
7.2. In-House
7.3. Outsourced
8. Competitive Landscape
8.1. Introduction
8.2. Recent Developments
8.2.1. Mergers &Acquisitions
8.2.2. New Product Developments
8.2.3. Portfolio/Production Capacity Expansions
8.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
8.2.5. Others
9. Company Profile
9.1. SGS Group
9.1.1. Company Overview
9.1.2. Product/Service Landscape
9.1.3. Financial Overview
9.1.4. Recent Developments
9.2. TUV Nord Group.
9.2.1. Company Overview
9.2.2. Product/Service Landscape
9.2.3. Financial Overview
9.2.4. Recent Developments
9.3. TUV SUD Group
9.3.1. Company Overview
9.3.2. Product/Service Landscape
9.3.3. Financial Overview
9.3.4. Recent Developments
9.4. UL LLC
9.4.1. Company Overview
9.4.2. Product/Service Landscape
9.4.3. Financial Overview
9.4.4. Recent Developments
9.5. Intertek Group PLC
9.5.1. Company Overview
9.5.2. Product/Service Landscape
9.5.3. Financial Overview
9.5.4. Recent Developments
The Automotive TIC Market has been segmented as below:
Automotive TIC Market, by Service Type
Automotive TIC Market, by Application
Automotive TIC Market, by Source Type
Automotive TIC Market, By Region
SUBSCRIBE TO OUR NEWSLETTERS
