Global Automotive TIC Market- Industry Analysis, Size, Share, Growth, Trends, and Forecast 2025

Global Automotive TIC Market Highlights:

Global Automotive TIC Market valued approximately USD 17.9 billion in 2017 is anticipated to grow with a healthy growth rate of more than 7.20% over the forecast period 2018-2025. The global testing, inspection and certification market is experiencing growth owing to the factors such as increased outsourcing of testing, inspection & certification services and diversified requirement of products and standard regulations. Regulations pertaining to quality, health and environment safety have become stringent in the recent past which is driving the demand for these services. Apart from this, end-user demand seeking third party assurance and improved risk awareness and focus on risk prevention are also the major factor which are expected to boost the demand for testing, inspection and certification services across the globe.

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Segmentation:

The market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.

Global Automotive TIC Market Players List:

• Dekra se
• LLC
• TUV SUD Group
• Applus Services S.A
• SGS Group
• TUV Nord Group
• TUV Rheinland AG Group
• Bureau Veritas S.A
• Intertek Group PLC
• Eurofins Scientific
• UL LLC
• Sai Global Pty Limited
• Rina S.P.A

Regional Overview:

The regional analysis of Global Automotive TIC Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific (APAC) accounted for the largest share of the automotive TIC, by geography in 2018. The automotive industry is subject to strict safety regulations in a few APAC countries such as Japan and South Korea; demands for passenger cars is also on the rise in these countries. Countries such as China are estimated to come up with vehicle and road safety regulations owing to growing population as well as vehicle demand. Reasons such as limited infrastructure and increasing number of accidents could boost the implementation of safety regulations. Increased production of motor vehicles in countries such as India, China, Japan, and South Korea is significantly contributing towards the growth of the automotive TIC market in the APAC region.

Major TOC Global Automotive TIC Market for Analysis

Chapter 1: Introduction

Chapter 2: Executive Summary

Chapter 3: Global Automotive TIC Market – Market Dynamics

• Drivers
• Restraints
• Opportunities

Chapter 4: Global Automotive TIC Market -By Automotive Application

• Adas & Safety Control
• Cockpit Controller
• Chassis & Body Controller

TOC Continued…!

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