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Automotive TIC Market, Global Outlook and Forecast 2023-2029

Automotive TIC Market, Global Outlook and Forecast 2023-2029

  • Published on : 27 March 2023
  • Pages :61
  • Report Code:SMR-7616300

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Report overview

The Automotive Testing, Inspection and Certification (TIC) sector consists of conformity assessment bodies that provide services ranging from auditing and inspection, to testing, verification, quality assurance and certification.
This report aims to provide a comprehensive presentation of the global market for Automotive TIC, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive TIC. This report contains market size and forecasts of Automotive TIC in global, including the following market information:
Global Automotive TIC Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Automotive TIC market was valued at US$ 21970 million in 2022 and is projected to reach US$ 34370 million by 2029, at a CAGR of 6.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Automotive TIC key players include DEKRA, T?V S?D Group, Applus Services, etc. Global top three manufacturers hold a share about 20%.
Europe is the largest market, with a share over 40%, followed by Asia-Pacific , and Middle East and Africa, both have a share over 50 percent.
In terms of product, Testing is the largest segment, with a share nearly 40%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.
We surveyed the Automotive TIC companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive TIC Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Automotive TIC Market Segment Percentages, by Type, 2022 (%)
Testing
Inspection
Certification
Others
Global Automotive TIC Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Automotive TIC Market Segment Percentages, by Application, 2022 (%)
Passenger Cars
Commercial Vehicles
Global Automotive TIC Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Automotive TIC Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive TIC revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Automotive TIC revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
DEKRA
T?V S?D Group
Bureau Veritas
Applus Services
SGS Group
Intertek Group
T?V Rheinland Group
T?V Nord Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive TIC, market overview.
Chapter 2: Global Automotive TIC market size in revenue.
Chapter 3: Detailed analysis of Automotive TIC company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive TIC in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.