Global Automotive Testing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Automotive testing refers to the process of automatically performing tests, comparing actual results with expectations, and generating test reports using additional software and hardware independent of the vehicle under test. Automotive testing results and subsequent approvals confirm that complete vehicles and components comply with the legal requirements for specific markets.
Market Overview:The latest research study on the global Automotive Testing market finds that the global Automotive Testing market reached a value of USD 8597.36 million in 2022. It’s expected that the market will achieve USD 14403.1 million by 2028, exhibiting a CAGR of 8.98% during the forecast period.
Region Overview:China had the highest growth rate of all regions.
Company Overview:TÜV SÜD is one of the major players operating in the Automotive Testing market, holding a share of 10.59% in 2023.
TÜV SÜD
TÜV SÜD is committed to an interdisciplinary approach to AI governance and has devised quality frameworks that will help businesses assess the trustworthiness of AI. In the areas of cybersecurity, their experts provide technical assessments, training and certification support, enabling organizations to be digitally secure and market leaders in their respective industries.
TÜV NORD
ALTER TECHNOLOGY has acquired a minority stake in the Edinburgh-based high-tech company Global Surface Intelligence Ltd. (GSI), which has developed a leading remote sensing platform that is able to provide forest owners real-time asset information in a regular, repeatable and automated fashion. ALTER TECHNOLOGY is part of TÜV NORD GROUP with offices in Spain, UK and France. ALTER TECHNOLOGY is a supplier in the field of parts engineering and testing of high reliability electronic components for space and other technology markets.
Segmentation Overview:By type, Full Vehicle segment accounted for the largest share of market in 2022.
Application Overview:By application, the Light Vehicle (LV) segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Automotive Testing market covered in Chapter 3:DEKRA (product certification)
FEV
TÜVRheinland
Applus+ IDIADA
Element
Intertek
HORIBA MIRA
TÜV NORD
Emitech
SGS
TÜV SÜD
AVL
In Chapter 4 and Chapter 14.2, on the basis of types, the Automotive Testing market from 2018 to 2029 is primarily split into:Full Vehicle
Component
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Automotive Testing market from 2018 to 2029 covers:Light Vehicle (LV)
Heavy Duty Vehicle (HDV)
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)