Automotive Testing, Inspection and certification (TIC) Market Growth, Challenges, Opportunities and Emerging Trends 2019-2025

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Sep 25, 2020 (Heraldkeepers) —
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.

The Global Automotive TIC Market is expected to exceed more than US$ 29.0 billion by 2024, at a CAGR of 7% from 2018 to 2024.

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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.

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.

The global automotive 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.

Global Automotive TIC market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers:

  • Global Automotive TIC market sizes from 2015 to 2024, along with CAGR for 2018-2024.

  • Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024

  • Global Automotive TIC market trends, covering comprehensive range of consumer trends & manufacturer trends

  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the Automotive TIC market

  • Major market opportunities and challenges in forecast timeframe to be focused

  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management

  • Comprehensive company profiles of the key industry players

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  • Gain detailed insights on the Automotive TIC industry trends

  • Find complete analysis on the market status

  • Identify the Automotive TIC market opportunities and growth segments

  • Analyse competitive dynamics by evaluating business segments & product portfolios

  • Facilitate strategy planning and industry dynamics to enhance decision making

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:

The Automotive TIC Market is segmented on the lines of Automotive TIC Market, by Service Type, Automotive TIC Market, by Application, Automotive TIC Market, by Source Type and Automotive TIC Market, By Region.

Automotive TIC Market, by Service Type this market is segmented on the basis of Testing Services, Inspection Services, Certification Services and Others. Automotive TIC Market, by Application this market is segmented on the basis of Telematics, Vehicle Inspection Services, Electrical Systems & Components, Fuel, fluids & Lubricants, Homologation Testing and Others. Automotive TIC Market, by Source Type this market is segmented on the basis of In-House and Outsourced. Automotive TIC Market, By Region this market is segmented on the basis of North America, Europe, Asia Pacific and Rest of World.

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Table of Contents:

  1. Introduction

  2. Research Methodology

  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

  6. Automotive TIC Market, By Application

  7. Automotive TIC Market, By Sourcing Type

  8. Competitive Landscape

  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

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