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The Automotive Testing, Inspection and Certification (TIC) sector consists of conformity assessment bodies that provide services ranging from auditing and inspection, to testing, verification, quality assurance and certification.
As testing is mandatory for all type of vehicles in many countries, the automotive testing services segment held nearly 51% of the overall market, followed by the inspection services, which accounted for 32% of total market revenue in 2017. As the cost of testing services is much higher than that of inspection services, the revenue generated by the testing service segment is greater than that of any other segment. Inspection services are mandatory to perform at a specific time period and the certification is mandatory for each vehicle. The certification services segment held 17% of market revenue in 2017 and remaining 6.7% was accounted by the other services.
Market Analysis and Insights: Global Automotive Testing, Inspection, and Certification Market
The research report studies the Automotive Testing, Inspection, and Certification market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Automotive Testing, Inspection, and Certification market size is projected to reach US$ 23820 million by 2026, from US$ 16050 million in 2020, at a CAGR of 6.8% during 2021-2026.
Global Automotive Testing, Inspection, and Certification Scope and Segment
The global Automotive Testing, Inspection, and Certification market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Testing, Inspection, and Certification market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
Segment by Type, the Automotive Testing, Inspection, and Certification market is segmented into
Testing
Inspection
Certification
Segment by Application, the Automotive Testing, Inspection, and Certification market is segmented into
Passenger Vehicle
Commercial Vehicle
Global Automotive Testing, Inspection, and Certification market: regional analysis, the major regions covered in the report are:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.
The major vendors covered:
DEKRA
TÜV SÜD Group
Bureau Veritas
Applus Services
SGS Group
Intertek Group
TÜV Rheinland Group
As testing is mandatory for all type of vehicles in many countries, the automotive testing services segment held nearly 51% of the overall market, followed by the inspection services, which accounted for 32% of total market revenue in 2017. As the cost of testing services is much higher than that of inspection services, the revenue generated by the testing service segment is greater than that of any other segment. Inspection services are mandatory to perform at a specific time period and the certification is mandatory for each vehicle. The certification services segment held 17% of market revenue in 2017 and remaining 6.7% was accounted by the other services.
Market Analysis and Insights: Global Automotive Testing, Inspection, and Certification Market
The research report studies the Automotive Testing, Inspection, and Certification market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Automotive Testing, Inspection, and Certification market size is projected to reach US$ 23820 million by 2026, from US$ 16050 million in 2020, at a CAGR of 6.8% during 2021-2026.
Global Automotive Testing, Inspection, and Certification Scope and Segment
The global Automotive Testing, Inspection, and Certification market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Testing, Inspection, and Certification market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
Segment by Type, the Automotive Testing, Inspection, and Certification market is segmented into
Testing
Inspection
Certification
Segment by Application, the Automotive Testing, Inspection, and Certification market is segmented into
Passenger Vehicle
Commercial Vehicle
Global Automotive Testing, Inspection, and Certification market: regional analysis, the major regions covered in the report are:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa
The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.
The major vendors covered:
DEKRA
TÜV SÜD Group
Bureau Veritas
Applus Services
SGS Group
Intertek Group
TÜV Rheinland Group
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
