Automotive TIC Market by Services (Certification Service, Inspection Service, Testing Service), Source (In-House, Outsource), Application - Global Forecast 2023-2030

Automotive TIC Market by Services (Certification Service, Inspection Service, Testing Service), Source (In-House, Outsource), Application - Global Forecast 2023-2030

The Automotive TIC Market is projected to reach USD 28.66 billion by 2030 from USD 17.82 billion in 2022, at a CAGR of 6.11% during the forecast period.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Automotive TIC Market.

• Based on Services, market is studied across Certification Service, Inspection Service, and Testing Service. The Certification Service is projected to witness significant market share during forecast period.
• Based on Source, market is studied across In-House and Outsource. The Outsource is projected to witness significant market share during forecast period.
• Based on Application, market is studied across Electric Vehicles, Hybrid Electric Vehicles & Battery System, Electrical System & Component, Fuel, Fluid & Lubricant, Homologation Testing, Interior & Exterior Material and Component, Telematic, and Vehicle Inspection Service. The Electric Vehicles, Hybrid Electric Vehicles & Battery System is projected to witness significant market share during forecast period.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Automotive TIC Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Automotive TIC Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Automotive TIC Market, highlighting leading vendors and their innovative profiles. These include ALS Limited, Applus Services, S.A., ASTM International, British Standards Institution, Bureau Veritas S.A., Dekra SE, DNV GL, Element Materials Technology by Temasek Holdings Limited, Eurofins Scientific SE, Intertek Group plc, Kiwa N.V., Nemko Group, SGS S.A., TUV Nord Group, TUV Rheinland AG Group, TUV SUD, and UL LLC.

The report offers valuable insights on the following aspects:

1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast for the Automotive TIC Market?
2. Which products, segments, applications, and areas hold the highest investment potential in the Automotive TIC Market?
3. What is the competitive strategic window for identifying opportunities in the Automotive TIC Market?
4. What are the latest technology trends and regulatory frameworks in the Automotive TIC Market?
5. What is the market share of the leading vendors in the Automotive TIC Market?
6. Which modes and strategic moves are suitable for entering the Automotive TIC Market?

Please Note: PDF & Excel + Online Access - 1 Year