Press release
Automotive TIC Market 2022 Size, Share, Industry Trends, Future Development, Outlook, Growth Analysis and 2029 Forecast
The global automotive TIC market size is expected to gain momentum due to the increasing demand for safety and quality in vehicles during the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled, “Automotive TIC Market, 2021-2028.” The increasing automobile production, outsourcing TIC services, strict regulatory standards, automotive electronics adoption to maintain passenger and vehicle safety, and consumer awareness of product quality are major factors contributing to the market's growth.Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/automotive-tic-market-103592
List of Key Players Profiled in the Global Market for Automotive TIC:
Bureau Veritas S.A.
TUV Nord Group
Dekra SE
Mistras Group
Element Materials Technology
British Standards Institution
Norges Elektriske Materiellkontroll
Increasing Government Regulations to Stimulate Growth
The global automotive TIC market growth is expected to grow due to the rising environmental concerns during the projected period. Various regulatory rules pertaining to passenger safety and environmental issues apply to the automotive industry. These standards have a direct impact on and influence on the design of vehicle components. Major regulatory organizations employ tariffs and other trade barriers to punish and warn firms who violate pollution and safety standards, such as by continuing to utilize defective equipment.
Request Customization of this Report@ https://www.fortunebusinessinsights.com/enquiry/customization/automotive-tic-market-103592
Increasing Investment Opportunities to Promote Growth in Asia Pacific
Asia Pacific is expected to hold the largest global automotive TIC market share during the forecast period. The growth of indigenous industries, which leads to an increase in exports, strict standards, demanding standards, and growing urbanization in emerging countries such as China, have become appealing destinations.
Europe is expected to have a sizable share of the market. The market is expected to be driven by the continued development of vehicle-to-vehicle, vehicle-to-infrastructure, and in-vehicle entertainment technologies. Because of the existence of major vehicle manufacturing businesses, Europe is an essential hub for the automotive industry.
Automotive TIC Market Segmentation:
By Service Type
Testing
Inspection
Certification
By Vehicle Type
Passenger Cars
Commercial Vehicles
By Geography
North America (USA, Canada, and Mexico)
Europe (Germany, France, U.K., and Rest of Europe)
Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)
Rest of the World
Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/automotive-tic-market-103592
Industry Development-
BuJuly 2019: Applus+ Automotive division in the United States was awarded four contract renewals for statutory vehicle inspections. Applus+'s position as a strong player in the US market is strengthened by these contracts, demonstrating the company's commitment to providing governments, manufacturers, and traders with the best solutions for improving vehicle safety and lowering harmful vehicle emissions.
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive TIC Market 2022 Size, Share, Industry Trends, Future Development, Outlook, Growth Analysis and 2029 Forecast here
News-ID: 2537268 • Views: …
More Releases from Fortune Business Insights
Future of Renewable Energy Market Insights: Growth Drivers, and Regional Develop …
Global Renewable Energy Market Overview
The global renewable energy market size was valued at USD 954 billion in 2023. The market is projected to grow from USD 1,020.94 billion in 2024 to USD 1,574.17 billion by 2032, exhibiting a CAGR of 5.56% during the forecast period. Asia Pacific dominated the renewable energy market with a market share of 67.76% in 2023. The Renewable energy market in the U.S. is projected to…
DC Drives Market Overview: Opportunities, Growth Drivers, and Key Applications
Market Overview
The global DC drives market size was valued at USD 4.34 billion in 2018 and is projected to reach USD 9.23 billion by 2032, exhibiting a CAGR of 5.59% during the forecast period of 2019-2032. Asia Pacific dominated the global market with a share of 28.8% in 2018. The DC drives market in the U.S. is projected to grow significantly, reaching an estimated value of USD 1.59 billion by…
Humanoid Robots Market: An In-depth B2B Analysis of Size, Share, and Future Grow …
Brief Market Overview:
The global humanoid robots market is rapidly transitioning from a nascent field into a major growth sector, with its value escalating from USD 2.43 billion in 2023 to a projected USD 66.0 billion by 2032, demonstrating a remarkable CAGR of 45.5%.
These complex machines, which merge mechanical, electrical, and software engineering, are moving beyond research labs into real-world applications across industrial, service, and household sectors. This explosive growth…
Methanol Market Poised for Remarkable Growth, set to Reach USD 46.32 billion by …
The global methanol market size was valued at USD 31.26 billion in 2023. It is projected to grow from USD 32.70 billion in 2024 to USD 46.32 billion by 2032, exhibiting a CAGR of 4.5% during the forecast period.
The global methanol market size is set to gain traction from the urgent need to lower environmental pollution caused by the surging usage of heavy fuels, such as diesel and gasoline. Pollution…
More Releases for TIC
Global Electrical & Electronics Testing, Inspection & Certification (TIC) Market …
According to Market Research Intellect, the global Electrical & Electronics Testing, Inspection & Certification (TIC) market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The market for Electrical & Electronics Testing, Inspection & Certification (TIC) is…
Global Testing, Inspection, & Certification (TIC) Market Size by Application, Ty …
USA, New Jersey- According to Market Research Intellect, the global Testing, Inspection, & Certification (TIC) market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The Testing, Inspection, and Certification (TIC) market has been experiencing strong growth driven by the increasing demand for quality assurance, safety, and…
Automotive Testing Inspection Certification (TIC) Market
The Automotive Testing Inspection Certification (TIC) Market Overview provides an in-depth analysis of market trends, dynamics, segmentation, geographical penetration, competitive landscape, and the impact of COVID-19 on various segments:
Market Summary:
The global automotive TIC market reached approximately USD 18 billion in 2022 and is expected to hit USD 25 billion by 2030, displaying a CAGR of 4.2% during 2023-2030.
The sector's growth is attributed to increasing traffic fatalities and heightened vehicle production,…
Aerospace Life Sciences Tic Market Size, Share, 2028
Aerospace Life Sciences TIC Market Report is expected to grow at CAGR 5.2% by 2028. Aerospace Life Sciences TIC Market Report was $XX Million in 2020 and is expected to reach $XX Billion by the forecasted period 2021 to 2028.
TIC stands for Test, Inspection and Certification. Therefore, TIC for aerospace and life sciences refers to services that ensure the safety of people while traveling by air transport. Aerospace and…
Global Automotive TIC Market Size – Forecasts to 2026
The results analyzed by GME showed that the Global Automotive TIC market will grow with a CAGR value of 4.1 percent, to hit xx billion USD by 2026. The demand will rise rapidly with the rising automotive industry and the increasing adoption of automotive electronics.
Browse 151 Market Data Tables and 111 Figures spread through 179 Pages and in-depth TOC on "Automotive TIC Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/global-automotive-tic-market-2584
By Service…
Tic Disorder Therapeutics- Pipeline Analysis 2018
Tic disorder is a type of mental disorder, characterized by sudden and nonrhythmic movements. According to the World Health Organisation (WHO), this disease can be categorized into five types; transient, combined vocal and multiple motor, unspecified, and chronic motor tic disorder.
Download the sample report @ https://www.pharmaproff.com/request-sample/1089
Some of the symptoms of the disease are facial grimacing, excessive blinking, uncontrollable movements of the legs, and sound such as throat clearing. Majorly…
