Global Automotive TIC (Testing, Inspection, Certification) Market Report 2022: A $24.4 Billion Market by 2027 – Strict Regulatory Standards from Governments – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Automotive TIC Market Research Report by Services (Certification Service, Inspection Service, and Testing Service), Source, Application, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.

The Global Automotive TIC Market size was estimated at USD 16.76 billion in 2021, USD 17.82 billion in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 6.45% to reach USD 24.40 billion by 2027.

In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects.

It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Automotive TIC Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space.

It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:

The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate.

Company Usability Profiles:

• Applus Services, S.A.
• ASTM International
• British Standards Institution
• Bureau Veritas S.A.
• Dekra SE
• DNV GL
• Element Materials Technology
• Eurofins Scientific SE
• Intertek Group plc
• Lloyd’s Register Group Services Limited
• NSF INTERNATIONAL
• Rina S.P.A.
• SGS S.A.
• TUV Nord Group
• TUV Rheinland AG Group
• TUV SUD
• UL LLC

Key Topics Covered:

1. Preface

1.1. Objectives of the Study

1.2. Market Segmentation & Coverage

1.3. Years Considered for the Study

1.4. Currency & Pricing

1.5. Language

1.6. Limitations

1.7. Assumptions

1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective

2.2. Determine: Research Design

2.3. Prepare: Research Instrument

2.4. Collect: Data Source

2.5. Analyze: Data Interpretation

2.6. Formulate: Data Verification

2.7. Publish: Research Report

2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics

5.1.1. Drivers

5.1.1.1. Growing demand and production of automobiles

5.1.1.2. Strict regulatory standards from the governments on automotive

5.1.1.3. Increasing vehicle recall due to component failure

5.1.1.4. Consumer awareness on product quality and safety

5.1.2. Restraints

5.1.2.1. Shortage of trained professionals and infrastructure

5.1.3. Opportunities

5.1.3.1. Increasing penetration of electric vehicles globally

5.1.3.2. Adoption of advanced technologies and connected devices in vehicles

5.1.4. Challenges

5.1.4.1. Fluctuating regulations across different countries

5.2. Cumulative Impact of COVID-19

5.3. Cumulative Impact of 2022 Russia Ukraine Conflict

6. Automotive TIC Market, by Services

6.1. Introduction

6.2. Certification Service

6.3. Inspection Service

6.4. Testing Service

7. Automotive TIC Market, by Source

7.1. Introduction

7.2. In-House

7.3. Outsource

8. Automotive TIC Market, by Application

8.1. Introduction

8.2. Electric Vehicles, Hybrid Electric Vehicles, and Battery System

8.3. Electrical System & Component

8.4. Fuel, Fluid, and Lubricant

8.5. Homologation Testing

8.6. Interior & Exterior Material and Component

8.7. Telematic

8.8. Vehicle Inspection Service

9. Americas Automotive TIC Market

9.1. Introduction

9.2. Argentina

9.3. Brazil

9.4. Canada

9.5. Mexico

9.6. United States

10. Asia-Pacific Automotive TIC Market

10.1. Introduction

10.2. Australia

10.3. China

10.4. India

10.5. Indonesia

10.6. Japan

10.7. Malaysia

10.8. Philippines

10.9. Singapore

10.10. South Korea

10.11. Taiwan

10.12. Thailand

11. Europe, Middle East & Africa Automotive TIC Market

11.1. Introduction

11.2. France

11.3. Germany

11.4. Italy

11.5. Netherlands

11.6. Qatar

11.7. Russia

11.8. Saudi Arabia

11.9. South Africa

11.10. Spain

11.11. United Arab Emirates

11.12. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix

12.1.1. Quadrants

12.1.2. Business Strategy

12.1.3. Product Satisfaction

12.2. Market Ranking Analysis

12.3. Market Share Analysis, By Key Player

12.4. Competitive Scenario

12.4.1. Merger & Acquisition

12.4.2. Agreement, Collaboration, & Partnership

12.4.3. New Product Launch & Enhancement

12.4.4. Investment & Funding

12.4.5. Award, Recognition, & Expansion

13. Company Usability Profiles

For more information about this report visit https://www.researchandmarkets.com/r/aezo2s

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