Automotive Testing Inspection and Certification (TIC) Market Dynamics: Trends and Forecast 2029
Automotive Testing Inspection and Certification (TIC) Market Dynamics: Trends and Forecast 2029
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This Automotive Testing Inspection and Certification (TIC) Market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Electric Enclosure report simplifies managing marketing of goods and services effectively.
Data Bridge Market Research analyses that the automotive testing inspection and certification (TIC) market which was growing at a value of 17.85 billion in 2021 and is expected to reach the value of USD 33.54 billion by 2029, at a CAGR of 8.20% during the forecast period of 2022-2029.
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Market Overview:
Rising pollution levels as a result of unprecedented vehicular population growth have compelled regulatory authorities to enact stringent vehicular emission regulations. The emergence of electric and autonomous vehicles has facilitated growth in the automotive sector. Electric vehicles have aided automakers in meeting stringent vehicle emission regulations. Rising vehicular pollution drives the need for automobile testing, inspection, and certification to ensure regulatory compliance. In recent years, there has been a greater emphasis on quality control for automotive manufacturing operations, as well as additional safety and testing measures.
Some of the major players operating in the Automotive Testing Inspection and Certification (TIC) Market are
SGS S.A. (Switzerland), Bureau Veritas S.A. (France), Intertek Group Plc. (U.K.), Dekra SE (Germany), TÜV SÜD (Germany), TÜV Rheinland Ag Group (U.S.), DNV GL (Norway), British Standards Institution (BSI) (U.K.), Norges Elektriske Materiellkontroll (NEMKO) (Norway), Eurofins Scientific SE (Luxembourg), Applus+ (Spain), TÜV Nord Group (Germany), Mistras Group (U.S.), Lloyd’s Register Group Limited (U.K.), and Element Materials Technology Ltd.(U.K.), among others.
Global Automotive Testing Inspection and Certification (TIC) Market Scope
The automotive testing inspection and certification (TIC) market is segmented on the basis of service type, sourcing type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Service type
- Testing Services
- Inspection Services
- Certification Services
- Other
Sourcing type
- In-House
- Outsourced
Application
- Electrical Systems and Components
- Telematics
- Vehicle Inspection Services
- Homologation Testing
- Interior and Exterior Materials
- Others
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Automotive Testing Inspection and Certification (TIC) Market
Part 04: Global Automotive Testing Inspection and Certification (TIC) Market Sizing
Part 05: Global Automotive Testing Inspection and Certification (TIC) Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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