Global Automotive Testing, Inspection, and Certification Market Size, Status and Forecast 2021-2027

SKU ID : QYR-17720273 | Publishing Date : 18-Mar-2021 | No. of pages : 96

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.
As testing is mandatory for all type of vehicles in many countries, the automotive testing services segment held about 56.83% of the overall market, followed by the inspection services, which accounted for 27.17% of total market revenue in 2019. The certification services segment held the rest 16.00%.
In 2019, Europe dominated the automotive testing, inspection, and certification market with 32.06% 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 with a share of 19.92% in 2019.

Market Analysis and Insights: Global Automotive Testing, Inspection, and Certification Market
The global Automotive Testing, Inspection, and Certification market size is projected to reach US$ 22950 million by 2027, from US$ 16580 million in 2020, at a CAGR of 4.8% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Automotive Testing, Inspection, and Certification market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Automotive Testing, Inspection, and Certification market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Automotive Testing, Inspection, and Certification market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Automotive Testing, Inspection, and Certification market.

Global Automotive Testing, Inspection, and Certification Scope and Market Size
Automotive Testing, Inspection, and Certification market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Testing, Inspection, and Certification 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 Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Testing
Inspection
Certification

Segment by Application
Passenger Vehicle
Commercial Vehicle

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
DEKRA
TÜV SÜD Group
TÜV Nord Group
Applus Services
TÜV Rheinland Group
Bureau Veritas
SGS Group
Intertek Group
CATARC

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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