Press release
Automotive Quality Service Market Size Forecasted To Achieve $41.44 Billion By 2029 With Steady Growth
Automotive Quality Service Market
What Is the Automotive Quality Service Market Size and Projected Growth Rate?
The automotive quality service market has experienced strong growth in recent years. It will grow from $26.4 billion in 2024 to $28.97 billion in 2025, with a CAGR of 9.7%. The growth is driven by stricter government regulations, rising consumer expectations, increased competition in the automotive sector, and the expansion of the aftermarket industry.
The automotive quality service market is projected to grow significantly in the coming years, reaching $41.44 billion by 2029 with a compound annual growth rate (CAGR) of 9.4%. The increase can be linked to the rise of electric vehicles (EVs) and autonomous vehicles, the adoption of Industry 4.0 technologies, greater use of data analytics and artificial intelligence, demand for higher quality and reliability, and the global expansion of the automotive industry. Notable trends include innovations in vehicle technologies, the integration of advanced driver assistance systems (ADAS), 3D printing, partnerships with technical schools, and AI-driven predictive maintenance.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15988
What Are the Major Segments in the Automotive Quality Service Market?
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
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15988&type=smp
What Are The Driving Automotive Quality Service Market Evolution?
The growing vehicle production is expected to fuel the automotive quality service market. This increase in production is driven by factors such as economic growth, globalization, government incentives, and higher consumer purchasing power. Automotive quality services are essential for ensuring vehicles meet high standards of quality, safety, and reliability during production. In 2022, global vehicle production reached 85.4 million units, a 5.7% increase from the previous year, highlighting the rise in vehicle production and the corresponding need for automotive quality services.
Which Firms Dominate The Automotive Quality Service Market Segments?
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.
What Are the Major Trends Shaping the Automotive Quality Service Market?
Companies in the automotive quality service market are developing innovative multi-brand car repair and maintenance services to improve customer convenience, service accessibility, and cost-effectiveness while ensuring high-quality service. For example, in June 2024, CARS24, an India-based used car company, introduced Fourdoor, a multi-brand car repair and maintenance service. This service caters to all makes and models, providing comprehensive maintenance and repair services, distinguishing it from traditional brand-specific service centers.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/automotive-quality-service-global-market-report
Which Is The Largest Region 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Automotive Quality Service Market?
2. What is the CAGR expected in the Automotive Quality Service Market?
3. What Are the Key Innovations Transforming the Automotive Quality Service Industry?
4. Which Region Is Leading the Automotive Quality Service Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Quality Service Market Size Forecasted To Achieve $41.44 Billion By 2029 With Steady Growth here
News-ID: 4032490 • Views: …
More Releases from The Business Research Company
Top Market Shifts Transforming the Rainwater Harvesting Systems Market Landscape …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Rainwater Harvesting Systems Market Through 2025?
Over the past few years, there has been substantial growth in the market size of rainwater harvesting systems. The industry, which was valued at $1.94 billion in 2024, is predicted to rise to $2.07 billion by…
Live Concerts Fueling Surge In Percussion Instruments Market Growth: Transformat …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Percussion Instruments Industry Market Size Be by 2025?
Over the past few years, the market size of percussion instruments has examined a steady rise. With an increase from $1.44 billion in 2024 to $1.47 billion in 2025, it expects a Compound Annual Growth Rate (CAGR) of…
Emerging Trends to Drive Hydraulic Equipment Market Growth at 3.5% CAGR Through …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Hydraulic Equipment Market Size Growth Forecast: What to Expect by 2025?
The size of the hydraulic equipment market has consistently increased in the past few years. Projections show that it will rise from $45.21 billion in 2024 to $46.86 billion in 2025, recording a compound annual growth rate (CAGR)…
Emerging Trends to Reshape the Fishing Drones Market: Innovative Advancement In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Fishing Drones Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of fishing drones has seen a swift increase in the past few years. An expansion from $0.89 billion in 2024 to $0.99 billion in 2025, representing a compound annual growth rate (CAGR)…
More Releases for Quality
Smart drainage water quality monitoring Application of water quality sensors
With the acceleration of urbanization, the scale of urban drainage systems continues to expand, and the impact of their stable operation and water quality safety on urban sustainable development has become increasingly obvious. As a key link in urban water environment management, smart drainage water quality monitoring is gradually being integrated into the urban infrastructure construction and operation management system. The sensor method, with its advantages in temporal resolution and…
Mango AI Launches a Quality Enhancer to Elevate Video Quality Effortlessly
In the modern world, videos have become an integral part of people's daily lives, and the demand for high-resolution videos is increasing. Mango AI, an innovative video generator developed by Mango Animate, has launched a quality enhancer (https://mangoanimate.com/ai/video-enhancer) that offers practical solutions for users to improve video quality to high resolution. It relieves users of the hassle of recreating the video from scratch or spending hours on complicated editing software.
With…
Molecular Quality Controls Market - Unveiling Quality Assurance: Molecular Quali …
Newark, New Castle, USA: The "Molecular Quality Controls Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
Molecular Quality Controls Market: https://www.growthplusreports.com/report/molecular-quality-controls-market/8932
This latest report researches the industry structure,…
QUALITY ASSURANCE AND QUALITY CONTROL- CONCEPTS AND DIFFERENCES
Quality Assurance (QA) and Quality Control (QC) are two terms that play a huge role in bringing the perfect software products in the market. However, they are increasingly being used in place of each other, which can be a reason that springs due to confusion between these two terms.
The biggest reason for this confusion is that both QA and QC are integral aspects of the overall quality management of the…
Power Quality Equipment
Collectively, more than 70% of the energy demand was driven by China, United States and India in 2018.
CRIFAX added a report on 'GlobalPower Quality Equipment Market, 2019-2028' to its database of market research collaterals consisting of overall market scenario with prevalent and future growth prospects, among other growth strategies used by key players to stay ahead of the game. Additionally, recent trends, mergers and acquisitions, region-wise growth analysis along with…
Best Quality Home Goods Launches Shopping Site for High Quality Decor
Best Quality Home Goods new shopping site takes advantage of superior home decor in various styles, including modern, conventional and traditional styles. In its continuing battle with other decor stores, best quality home goods has launched its store to better highlight home decor products and furniture.
http://bestqualityhomegoods.com.
Best Quality Home Goods wants it easy for people who plan to move into their new home, make renovations, or build a new home to…
