Global Intelligent Connected Vehicle Testing Service Market Growth (Status and Outlook) 2024-2030

Global Intelligent Connected Vehicle Testing Service Market Growth (Status and Outlook) 2024-2030

The test of driving a car accompanies the whole process of vehicle development, including benchmarking test, software-in-loop (SIL, software-in-loop), hardware-in-the-loop (HIL, hardware-in-loop), vehicle-in-the-loop (VIL) , namely vehicle-in-loop), system calibration, and then to the final vehicle site, road test and other methods, covering the whole chain verification from components to system to vehicle.

The global Intelligent Connected Vehicle Testing Service market size is projected to grow from US$ 917.2 million in 2023 to US$ 1617.7 million in 2030; it is expected to grow at a CAGR of 8.4% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Intelligent Connected Vehicle Testing Service Industry Forecast” looks at past sales and reviews total world Intelligent Connected Vehicle Testing Service sales in 2023, providing a comprehensive analysis by region and market sector of projected Intelligent Connected Vehicle Testing Service sales for 2024 through 2030. With Intelligent Connected Vehicle Testing Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Intelligent Connected Vehicle Testing Service industry.

This Insight Report provides a comprehensive analysis of the global Intelligent Connected Vehicle Testing Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Intelligent Connected Vehicle Testing Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Intelligent Connected Vehicle Testing Service market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Intelligent Connected Vehicle Testing Service and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Intelligent Connected Vehicle Testing Service.

Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Intelligent Connected Vehicle Testing Service market by product type, application, key players and key regions and countries.

Segmentation by type
Test
Check
Certification

Segmentation by application
Passenger Car
Commercial Vehicle

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DEKRA
TÜV SÜD Group
Bureau Veritas
Applus Services
SGS Group
Intertek Group
TÜV Rheinland Group
TÜV Nord Group

Please note: The report will take approximately 2 business days to prepare and deliver.