Press release
Transforming the Automotive Testing, Inspection And Certification (TIC) Market in 2025: Impact Of Rising Road Accidents On The Automotive Testing, Inspection, And Certification (TIC) Market
Automotive Testing, Inspection And Certification (TIC) Market share
The size of the market for automotive testing, inspection, and certification (TIC) has seen a significant increase in the past few years. The market, which stood at $21.56 billion in 2024, is projected to expand to $23.39 billion in 2025, indicating a compound annual growth rate (CAGR) of 8.5%. Factors fueling this growth span from a surge in vehicle recalls, expansion in the automotive manufacturing field, advancements in connected vehicle technologies, enforcement of brand protection measures, to rising concerns regarding consumer safety.
The market size for automotive testing, inspection, and certification (TIC) is projected to experience substantial growth in the coming years. It is anticipated to expand to $31.98 billion in 2029 at a steady compound annual growth rate (CAGR) of 8.1%. Substantial factors contributing to the predicted growth during the forecast period are the increased dependence on software solutions, amplified risk perception due to accidents, expanding industrialization and infrastructure, growing inclination towards electric vehicles (EVs), and escalating vehicular pollution. Notable trends expected in the same period include the advancement of driver-assistance systems (ADAS), enhancements in vehicle connectivity, rising digitalization trends, and the emergence of new automotive technologies.
What Factors Are Fueling Growth in the Automotive Testing, Inspection And Certification (TIC) Market?
The escalating rate of road mishaps is anticipated to fuel the expansion of the automotive testing, inspection, and certification (TIC) market in the future. Increased road mishaps are attributed to distracted driving, impaired driving, adventurous driving, and adverse weather circumstances. Automotive testing, inspection, and certification (TIC) serve a vital function in mitigating road mishaps by verifying the compliance of vehicles and their components with stringent safety, reliability, and performance standards. For example, Eurostat, a government agency located in Luxembourg, published a report in March 2024 stating that around 20,653 individuals lost their lives in road mishaps across the European Union in 2022, a rise of 3.7% in comparison to 2021. As a result, the upsurge in accidents boosts the expansion of the automotive testing, inspection, and certification (TIC) market.
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Which Leading Companies Are Shaping the Growth of the Automotive Testing, Inspection And Certification (TIC) Market?
Major companies operating in the automotive testing, inspection and certification (TIC) market are Eurofins Scientific SE, SGS SA, Bureau Veritas SA, Intertek Group PLC, DEKRA, UL Solutions, Element Materials Technology, Exova Group Limited, ALS Limited, Apave Group, BSI Group(British Standards Institution), RINA, MISTRAS Group, Kiwa NV, NSF International, SAI Global, The Smithers Group Inc., Method Park, TÜV Rheinland, DNV GL(Det Norske Veritas Germanisher Lloyd)
What Are the Major Trends Shaping the Automotive Testing, Inspection And Certification (TIC) Market?
Leading firms in the automobile testing, inspection, and certification (TIC) market are concentrating on devising innovative solutions, including artificial intelligence-powered tools, to augment testing precision and productivity. These AI-infused systems for vehicle inspections utilize AI to automatically examine and assess vehicles' state, thereby increasing the accuracy and effectiveness of the inspection procedure. For instance, Applus+, a company based in Spain that offers vehicle inspection services, unveiled eReformas, an AI-based digital solution in Spain, in March 2023. eReformas is primarily used to digitalize the procedure of vehicle renovations or alterations at regular technical inspection (PTI) stations. Some of eReformas' distinctive features include the digitization of the document process, allowing users to visit the eReformas site, choose the desired service, and submit the necessary paperwork. The system automatically scrutinizes the documents to ensure accuracy and notifies the user of the outcome.
What Are the Key Segments of the Automotive Testing, Inspection And Certification (TIC) Market?
The automotive testing, inspection and certification (TIC) market covered in this report is segmented -
1) By Service Type: Testing Services, Inspection Services, Certification Services, Other Service Types
2) By Sourcing Type: In-House, Outsourced
3) By Vehicle Type: Passenger Cars, Commercial Vehicles
4) By Application: Electrical Systems And Components, Telematics, Vehicle Inspection Services, Homologation Testing, Interior And Exterior Materials, Other Applications
Subsegments:
1) By Testing Services: Performance Testing, Emissions Testing, Safety And Crash Testing, Durability And Reliability Testing, Environmental Testing (Weather, Noise), Component Testing (Engine, Transmission), Vehicle Dynamics Testing
2) By Inspection Services: Quality Inspection, Visual And Dimensional Inspection, Non-Destructive Testing (NDT), Functional Inspection, Compliance Inspection (Regulatory Standards), Pre-Shipment Inspection
3) By Certification Services: Regulatory Certification (ISO, DOT, ECE), Emissions And Environmental Compliance Certification, Safety And Crash Test Certification, Quality Assurance And Industry Standards Certification, Component And Material Certification
4) By Other Service Types: Consulting Services, Training And Development Services, Calibration Services, Warranty And Repair Services, Product Lifecycle Management Services
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Which Region Dominates the Automotive Testing, Inspection And Certification (TIC) Market?
Asia-Pacific was the largest region in the automotive testing, inspection and certification (TIC) market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive testing, inspection and certification (TIC) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Automotive Testing, Inspection And Certification (TIC) Global Market Report?
- Market Size Analysis: Analyze the Automotive Testing, Inspection And Certification (TIC) Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Automotive Testing, Inspection And Certification (TIC) Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Automotive Testing, Inspection And Certification (TIC) Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Automotive Testing, Inspection And Certification (TIC) Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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