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Automotive TIC Market Size, Share, Growth, Industry Analysis, Forecast 2026

08-18-2020 07:41 AM CET | Tourism, Cars, Traffic

Press release from: Valuates Reports

Automotive TIC Market Size, Share, Growth, Industry Analysis,

In 2018, the global Automotive TIC market size was 14000 Million USD and it is expected to reach 20500 Million USD by the end of 2025, with a CAGR of 5.6% during 2019-2025.

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.

The rising number of accidents, increasing automation in vehicles, advanced and more sophisticated components and features of a vehicle, increasing pollution, these are factors due to which demand for vehicle tasting and inspection is increasing day by day.

Request Sample: https://reports.valuates.com/request/sample/QYRE-Auto-216/Global_Automotive_TIC_Market

In 2017, Europe dominated the automotive testing, inspection, and certification market with 43.7% 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. In regions like Europe and North America, stringent rules for periodic vehicle inspection and testing are laid down so as to ensure the safety of human life. These regulations are also key drivers for the automotive testing, inspection, and certification market in these regions.

This report focuses on the global Automotive TIC status, future forecast, growth opportunity, key market, and key players. The study objectives are to present the Automotive TIC development in the United States, Europe, and China.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-216/global-automotive-tic

THE KEY PLAYERS COVERED IN THIS STUDY

o DEKRA
o TÜV SÜD Group
o Bureau Veritas
o Applus Services
o SGS Group
o Intertek Group
o TÜV Rheinland Group
o TÜV Nord Grou


MARKET SEGMENT BY TYPE, THE PRODUCT CAN BE SPLIT INTO

o Testing
o Inspection
o Certification

MARKET SEGMENT BY APPLICATION, SPLIT INTO

o Passenger Cars
o Commercial Vehicles

MARKET SEGMENT BY REGIONS/COUNTRIES, THIS REPORT COVERS

o United States
o Europe
o China
o Japan
o Southeast Asia
o India
o Central & South America

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Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains detail research methodology employed to generate the report, Please also reach to our sales team to get the complete list of our data sources

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