Automotive TIC Market report is a comprehensive, professional report which provides a detailed overview of major drivers, restraints, challenges, opportunities, current market trends and strategies impacting the global market along with estimates and forecast of revenue and share analysis.
About Automotive TIC
The rising number of accidents, increasing automation in vehicles, advanced and more sophisticated components and features of a vehicle, increasing pollution, these are factors due to which demand for vehicle tasting and inspection is increasing day by day.
In 2017, Europe dominated the automotive testing, inspection, and certification market with 43.7% share, thanks to the presence of some of the world’s leading automotive manufacturers and a steadily expanding domestic automotive industry.
North America also accounts for a significant share in the global market owing to the well-established automotive sector. In regions like Europe and North America, stringent rules for periodic vehicle inspection and testing are laid down so as to ensure the safety of human life. These regulations are also key drivers for the automotive testing, inspection, and certification market in these regions.
Covered in this report
According to this study, over the next five years the Automotive TIC market will register a 5.4% CAGR in terms of revenue, the global market size will reach US$ 18200 million by 2024, from US$ 14000 million in 2019. In particular, this report presents the global revenue market share of key companies in Automotive TIC business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Automotive TIC market by product type, application, key companies and key regions.
This study considers the Automotive TIC value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
- Testing
- Inspection
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
- Passenger Cars
- Commercial Vehicles
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
- DEKRA
- TÜV SÜD Group
- Bureau Veritas
- Applus Services
- SGS Group
- Intertek Group
- TÜV Rheinland Group
- TÜV Nord Group
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Key Topics Covered:
1 Scope of the Report
2 Executive Summary
3 Global Automotive TIC by Players
4 Automotive TIC by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global Automotive TIC Market Forecast
12 Key Players Analysis
13 Research Findings and Conclusion
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