Global and United States Vehicle Homologation Service Market Report & Forecast 2022-2028

Homologation is a term utilized for approval process of vehicle or vehicle components for meeting the certain standards of regulatory bodies. Automotive Homologation Services is a part of automotive TIC (Testing, Inspection & Certification) which is essential for the specified vehicle or component to enter into novel market. Automotive homologation Services starts with initial assessment of the product which followed by various tests according to directives and standards along with preparation of technical reports in order to acquire final approval from the regulatory body
Market Analysis and Insights: Global and United States Vehicle Homologation Service Market
This report focuses on global and United States Vehicle Homologation Service market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Vehicle Homologation Service market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, In House Services accounting for % of the Vehicle Homologation Service global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Passenger Vehicle was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
In United States the Vehicle Homologation Service market size is expected to grow from US$ million in 2021 to US$ million by 2028, at a CAGR of % during the forecast period.
Global Vehicle Homologation Service Scope and Market Size
Vehicle Homologation Service market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Vehicle Homologation Service market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Vehicle Homologation Service market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
In House Services
Outsourced Services
Segment by Application
Passenger Vehicle
Commercial Vehicle
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
TÜV SÜD Group
Intertek Group PLC
EKRA SE
Applus Services S. A.
SGS Group
Bureau Veritas S.A.
Eurofins Scientific
Lloyd’s Register Group Limited
MISTRAS Group, Inc.
Formel D