Press release
Japan Automotive Testing Inspection Certification Market: Growth Trends Regional Breakdown, Key Players Profile Forecast To 2024-2031 - SGS SA, Bureau Veritas, Intertek Group Plc
DataM Intelligence has released a new research report on the Japan Automotive Testing Inspection Certification market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.Japan automotive TIC (testing, inspection, certification) market reached around USD 2 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 3 billion by 2030. The market is growing at a CAGR of 3.5% during the forecast period (2024-2031).
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Automotive Testing, Inspection, and Certification (TIC) services involve assessing vehicles, components, and systems to ensure they meet safety, quality, performance, and regulatory standards. These services help manufacturers and suppliers verify the compliance of their products with industry requirements, environmental regulations, and safety protocols. TIC services cover a wide range of tests, including emissions testing, electrical and electronic testing, durability assessments, and crash testing. The goal is to enhance vehicle safety, performance, and reliability while also ensuring that vehicles meet legal and environmental standards.
List of the Key Players in the Japan Automotive Testing Inspection Certification Market:
SGS SA, Bureau Veritas, Intertek Group Plc, URS Products and Testing Pvt. Limited, ICAT, TÜV Rheinland, Embitel, Sigma Test & Research Centre, AVL List GmbH and DEKRA.
Key Developments:
In 2023, it was revealed that Daihatsu, a Toyota affiliate, had manipulated the door structure during side-collision safety tests for approximately 88,000 small cars sold under the Toyota brand. This alteration was aimed at passing safety standards but did not reflect the actual performance of the vehicle under normal conditions. The affected vehicles were primarily sold in Japan and several international markets. The incident raised concerns about the transparency and integrity of safety testing in the automotive industry.
Research Process:
Both primary and secondary data sources have been used in the global Japan Automotive Testing Inspection Certification Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the Japan Automotive Testing Inspection Certification Market:
By Type: Autonomous and Connected Vehicles, Automotive Fluids, Electrical Components and Electronics, Electro Mobility / Electric Vehicles, Materials and Components - Composites, Plastics and Metals, Engine and Gears, Environmental Testing, System Testing, Crash Test, Others.
By Product: Engine Dynamo Meter, Wheel Alignment Tester, Chassis Dynamo Meter, Vehicle Emission Tester, Transmission Dynamometer, Others.
By Vertical: Passenger Vehicle, Commercial Vehicle.
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Regional Analysis:
➣ North America (US, Canada, Mexico)
➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)
➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)
➣ South America (Brazil, Argentina, Rest of South America)
➣ Middle East and Africa
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Japan Automotive Testing Inspection Certification market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Japan Automotive Testing Inspection Certification Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global Japan Automotive Testing Inspection Certification market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Japan Automotive Testing Inspection Certification Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
Have any Query? Talk to our Expert @ https://www.datamintelligence.com/enquiry/japan-automotive-testing-inspection-certification-market
The Research Report Offers Answers To The Following Questions:
☛ What is the expected growth rate of the global market for the forecast period?
☛ What are the key driving factors that are responsible to shape the fate of the Japan Automotive Testing Inspection Certification market during the forecast period?
☛ What will be the overall size of the market during the analysis period?
☛ What are the prominent market trends which influence the development of the Japan Automotive Testing Inspection Certification market across various regions?
☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
☛ What are the challenges and threats that are likely to act as a barrier to the growth of the Japan Automotive Testing Inspection Certification market?
☛ What are the major opportunities that the companies can get to attain success in the world?
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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