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Key Influencer in the Automotive Quality Service Market 2025: Rising Vehicle Production Boosts Automotive Quality Service Market Driver
Key Influencer in the Automotive Quality Service Market
The automotive quality service market is set to be driven by the surge in vehicle production. This rise in production can be attributed to factors such as economic expansion, globalization, government incentives, and boosted consumer buying power. It's crucial that automotive quality services are in place to ensure that the vehicles produced adhere to the strictest quality, safety, and reliability standards throughout the production cycle. The European Automobile Manufacturers Association, a trade group based in Belgium, indicated in May 2023 that the global production of motor vehicles hit 85.4 million units in 2022, noting a 5.7% rise compared to the preceding year. Consequently, this escalating vehicle production is fueling the growth of the automotive quality service market.
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How will the growth rate of the automotive quality service market shape industry trends by 2034?
The sector of automotive quality service has witnessed robust growth over the recent years. The market size will expand from $26.4 billion in 2024 to $28.97 billion in 2025, with a compound annual growth rate (CAGR) of 9.7%. The previous growth can be credited to stricter government regulations concerning vehicle safety, escalated customer expectations, the internationalization of automotive supply chains, heightened competition among auto manufacturers, and the proliferation of the aftermarket sector.
The automotive quality service market is anticipated to experience robust growth in the coming years, and it is projected to reach a value of $41.44 billion by 2029. This will occur at a compound annual growth rate (CAGR) of 9.4%. The forecasted growth can be accredited to the emergence of electric and autonomous vehicles, the heightened application of Industry 4.0 technologies, increased utilisation of data analytics and AI, the need for superior quality and dependability, as well as the globalisation of the automotive industry. Predominant trends for the forecasted period encompass innovative vehicular technologies, assimilation of advanced driver assistance systems (ADAS), 3D printing, and sophisticated manufacturing. Additionally, alliances with technical institutions and automotive academies, along with predictive maintenance and AI are also anticipated to play a major role.
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What trends are poised to drive the future success of the automotive quality service market?
Leading corporations in the automotive quality service market are concentrating on creating innovative multi-brand car repair and maintenance services to increase customer comfort, enhance service accessibility, and deliver cost-effective solutions. They are ensuring exceptional service quality and transparency to attract car owners, thereby fortifying their competitive advantage in the rapidly evolving after-sales automotive sector. Multi-brand car repair and maintenance services are businesses or platforms that provide repair, maintenance, and other related services for cars from multiple manufacturers, rather than just one brand. For instance, CARS24, a used car enterprise based in India, introduced Fourdoor, a multi-brand car repair and maintenance service in June 2024. This initiative is aimed at resolving significant challenges encountered by car owners in India and is intended to offer thorough maintenance and repair services for all makes and models of cars, setting itself apart from traditional brand-specific service centers.
Which primary segments of the automotive quality service market are driving growth and industry transformations?
The automotive quality service market covered in this report is segmented -
1) By Type: Testing Services, Certifying And Validating Services, Quality Sorting Services
2) By Vehicle Type: Passenger Cars, Commercial Vehicle
3) By Application: Electrical Systems And Components, Telematics, Vehicle Inspection Services, Homologation Testing, Interior And Exterior Materials, Other Applications
4) By End-User: Original Equipment Manufacturers (OEMs), Tier 1 And Tier 2 Suppliers, Aftermarket Service Providers, Regulatory Authorities
Subsegments:
1) By Testing Services: Durability Testing, Performance Testing, Emissions Testing, Safety Testing, Environmental Testing
2) By Certifying And Validating Services: Regulatory Certification, Process Certification, Product Validation, Supplier Audits
3) By Quality Sorting Services: Visual Inspection, Functional Sorting, Dimensional Sorting, Non-Destructive Testing (NDT), Sorting Of Non-Conforming Parts
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Which geographical regions are pioneering growth in the automotive quality service market?
North America was the largest region in the automotive quality service market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive quality service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the automotive quality service market landscape?
Major companies operating in the automotive quality service market are Dragon Solutions Ltd., Bureau Veritas, Intertek Group plc, Alten Group, FEV Group GmbH, Horiba Ltd., Applied Technical Services Inc., Bertrandt AG, ARRK Product Development Group Ltd., EDAG Group, Altair Engineering Inc., TRIGO S.A., Stratosphere Quality LLC, ESG Elektroniksystem- und Logistik-GmbH, National Technical Systems Inc., Millbrook Proving Ground Limited, Matrix Quality Services Inc., Weiss Technik North America Inc., CSI S.p.A., Automotive Quality & Logistics Inc., Ashton Technologies Inc., Element Materials Technology Ltd., Quality Service Group, ASAP Holding GmbH, Dragon Solutions Ltd.
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What Is Covered In The Automotive Quality Service Global Market Report?
•Market Size Forecast: Examine the automotive quality service market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the automotive quality service market for a structured understanding.
•Key Players Overview: Analyze major players in the automotive quality service market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automotive quality service market.
•Segment Contributions: Evaluate how different segments drive overall growth in the automotive quality service market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automotive quality service market.
•Industry Challenges: Identify potential risks and obstacles affecting the automotive quality service market.
•Competitive Landscape: Review strategic developments in the automotive quality service market, including expansions, agreements, and new product launches.
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