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| Report Code: A07119 | Pages: NA | ||
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The automotive testing, inspection, and certification (TIC) is used for providing services to the automotive TIC manufacturers for the purpose of improving the efficiency, productivity level and the manufacturing process to meet the desired standards. Furthermore, integration of smart sensors such as radar, light detection & ranging and others in the vehicles has enabled the remote monitoring & predicting the maintenance capabilities, which in turn reduces the need for on-site inspection. Thereby, advancements in TIC such as virtual reality (VR) and augmented reality (AR) will help replacing physical vehicle inspection with digital inspection. Therefore, replacement of physical inspection with digital inspection & predictive maintenance is expected to drive the growth of the global automotive testing, inspection, and certification market in near future.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2020–2027 |
Base year considered | 2019 |
Forecast period | 2021–2027 |
Forecast units | Value (USD) |
Segments covered | Service Type, Sourcing Type, Application, and Region |
Regions covered | North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa |
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Increase in automotive production & technological advancements, augmenting awareness among consumers regarding product quality & safety, and rise in instances of vehicle recalls due to component failure are driving the growth of the market. However, varying standards across different states is expected to hamper the growth of the market. On the contrary, mandate of periodic technical inspection of vehicles is expected to create an opportunity for the market investments.
The global automotive testing, inspection, and certification market trends are as follows:
Rise in demand for automotive vehicles had led to an increase in production & technological advancements in a vehicle. For instance, more than 97 million vehicles were produced around the world in the year 2019. Furthermore, technological advancement such as virtual reality (VR) & augmented reality (AR) in automotive industry will help in digital inspection of the electronic system. The advancements in systems help in diagnosing problems and regulating fuel of automotive vehicles. Therefore, increase in automotive production & technological advancements is expected to boost the growth of the automotive testing, inspection, & certification market.
Safety & security of the passengers has become a prime concern among the automotive consumers owing to the growing liberalization & globalization. Increasing risk of the life due to accidents on road is one of the major safety concerns, which is creating willingness among consumer to purchase vehicles with safety features. Therefore, increase in concerns for consumer safety is anticipated to boost the automotive testing, inspection, and certification market growth during the forecast period.
Key segments covered:
Segments | Sub-segments |
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Key benefits of the report:
Questions answered in the global automotive testing, inspection, and certification market research report:
Automotive Testing, Inspection, and Certification (TIC) Market Report Highlights
| Aspects | Details |
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| By Service Type |
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| By Sourcing Type |
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| By Application |
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| By Region |
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| Key Market Players | DEKRA SE, Element Materials Technology., TÜV Rheinland Group, Eurofins Scientific, SGS Group, Applus Services S.A., Intertek Group PLC, TÜV Nord Group, Bureau Veritas S.A., TÜV SÜD Group |
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