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Global Automotive Testing, Inspection and Certification (TIC) Market – Industry Trends and Forecast to 2030

  • Semiconductors and Electronics
  • Upcoming Report
  • Oct 2023
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Automotive Testing, Inspection and Certification (TIC) Market, By Service Type (Testing Services, Inspection Services, Certification Services, Other), Sourcing Type (In-House, Outsourced), Application (Electrical Systems and Components, Telematics, Vehicle Inspection Services, Homologation Testing, Interior and Exterior Materials, Others) - Industry Trends and Forecast to 2030.

Automotive Testing, Inspection and Certification (TIC) Market

Automotive Testing, Inspection and Certification (TIC) Market Analysis and Size

The automotive testing, inspection, and certification (TIC) refers to a set of processes and activities that ensure the safety, quality, performance, and compliance of vehicles and automotive components with relevant regulations, standards, and specifications. These services are critical to the automotive industry to verify that vehicles and their components meet specific requirements and are safe for use on the road.                                

Data Bridge Market Research analyses that the global automotive testing, inspection and certification (TIC) market which was U.S.D 19.80 million in 2022, is expected to reach U.S.D 35.6 million by 2030, and is expected to undergo a CAGR of 8.22% during the forecast period of 2023 to 2030. Service type segment is dominates because service involves checking vehicles for compliance with emissions standards, safety regulations, and overall roadworthiness. It is essential to ensure that vehicles on the road meet environmental and safety standards. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Automotive Testing, Inspection and Certification (TIC) Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in U.S.D Million, Volumes in Units, Pricing in U.S.D

Segments Covered

Service Type (Testing Services, Inspection Services, Certification Services, Other), Sourcing Type (In-House, Outsourced), Application (Electrical Systems and Components, Telematics, Vehicle Inspection Services, Homologation Testing, Interior and Exterior Materials, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

SGS S.A. (Switzerland), Bureau Veritas S.A. (France), Intertek Group Plc. (U.K.), Dekra SE (Germany), TÜV SÜD (Germany), TÜV Rheinland Ag Group (U.S.), DNV GL (Norway), British Standards Institution (BSI) (U.K.), Norges Elektriske Materiellkontroll (NEMKO) (Norway), Eurofins Scientific SE (Luxembourg), Applus+ (Spain), TÜV Nord Group (Germany), Mistras Group (U.S.), Lloyd’s Register Group Limited (U.K.), and Element Materials Technology Ltd. (U.K.), among others

Market Opportunities

  • Advancements in technology
  • Government mandates for periodic technical inspection (PTI) of vehicles
  • Rising adoption of electric and hybrid vehicles

Market Definition

The process of ensuring that a vehicle or component meets all applicable safety and performance requirements is referred to as "automotive testing, inspection, and certification" (TIC). Crash testing, noise vibration and harshness (NVH) testing, corrosion resistance testing, and emissions certification are all examples of TIC tests and inspections. The goal of TIC is to protect driver and passenger safety while also ensuring that vehicles meet environmental standards.

Global Automotive Testing, Inspection and Certification (TIC) Market

Drivers

  • Imposition of Various Regulations and Safety Standards

The global automotive industry is governed by a variety of government regulations concerning passenger safety and environmental concerns. These regulations/standards have a direct impact on and influence the design of vehicle components. Strict government regulations require automakers to include safety features such as seatbelts, airbags, and crumple zones in their vehicles. Tariffs and other trade barriers are imposed by major regulatory bodies to penalise and discourage manufacturers from violating emission and safety standards. This compels automakers to create more fuel-efficient vehicles with lower emissions while also including safety features such as anti-skid braking systems (ABS), electronic brake-force distribution (EBD), airbags, and emission control systems such as catalytic converters with turbochargers and exhaust gas recirculation (EGR) systems.

  • Expansion of Automotive Industries in Developing Regions

Throughout the last decade, the automotive market in developed countries has remained stable and consistent in terms of production rate. In comparison, several emerging markets, particularly in the Asia Pacific region, have more than doubled their market size in recent years. As the automotive industry shifts away from mature markets and toward emerging markets, emerging markets are expected to hold the key to the modern-day automotive industry's consistent growth. In the early 2000s, emerging economies accounted for only one-fourth of total global automotive production, but by 2015, they accounted for more than half. This indicates that the automobile industry has experienced consistent growth, particularly in emerging economies.

Opportunity

  • High Penetration of Electric and Hybrid Vehicles

Rising adoption of electric and hybrid vehicles, and government mandates for periodic technical inspection (PTI) of vehicles, are creating ample opportunities for the growth of the automotive testing inspection and certification (TIC) market during the forecast period.

Restraints/Challenges

  • Fluctuating Regulations and Standards

Varying regulations and standards will impede the growth of the automotive testing inspection and certification (TIC) market during the forecast period.

  • Lengthy Process

The deterioration of global vehicle sales and the lengthy lead time required for overseas qualification tests is posing a significant challenge to the growth of the automotive testing inspection and certification (TIC) market.

This global automotive testing, inspection and certification (TIC) market,  report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global automotive testing, inspection and certification (TIC) market, contact data bridge market research for an analyst brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures

Recent Developments

  • In July 2019, The Applus+ Automotive division in the U.S. won four contract extensions for statutory vehicle inspections. These contracts cement Applus+'s position as a major player in the U.S. market, demonstrating the company's commitment to providing governments, manufacturers, and traders with the best solutions for improving vehicle safety and lowering harmful vehicle emissions
  • In April 2019, TÜV SÜD signed a collaboration agreement with Thailand's Ministry of Industry and the Thailand Automotive Institute (TAI) to establish a battery testing centre near Bangkok. The agreement paves the way for the Association of Southeast Asian Nations (ASEAN) to build the largest and most modern testing centre for Li-ion batteries, with a total investment of 13.5 million euros
  • In March 2019, DEKRA opened its first periodical vehicle inspection (PVI) station in Shenzhen to enter the world's largest automotive market. A second station, which is being built in Beijing, is expected to open later this year, bolstering DEKRA SE's presence in the Chinese market

Global Automotive Testing, Inspection and Certification (TIC) Market Scope

The global automotive testing, inspection and certification (TIC) market is segmented on the basis of service type, sourcing type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Service Type

  • Testing Services
  • Inspection Services
  • Certification Services
  • Other

Sourcing Type

  • In-House
  • Outsourced

Application

  • Electrical Systems and Components
  • Telematics
  • Vehicle Inspection Services
  • Homologation Testing
  • Interior and Exterior Materials
  • Others

Global Automotive Testing, Inspection and Certification (TIC) Market Regional Analysis/Insights

The global automotive testing, inspection and certification (TIC) market is analysed and market size insights and trends are provided by service type, sourcing type and application as referenced above.

The countries covered in the global automotive testing, inspection and certification (TIC) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

North America dominates the global automotive testing, inspection and certification (TIC) market because of its advanced technological infrastructure and high adoption of smart city initiatives, strong presence of major players in the market and rising number of research activities in this region.   

Asia-Pacific is expected to witness significant growth during the forecast period of 2023 to 2030 due to of rapid urbanization, increasing infrastructure development, and the adoption of advanced technologies in countries such as China, Japan, and India. In addition, the region's expanding automotive and consumer electronics industries contribute to the growing demand for infrared LED lighting solutions. Furthermore, favourable government initiatives and investments in smart city projects further drive the market growth in the Asia-Pacific region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers Used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Global Automotive Testing, Inspection and Certification (TIC) Market Share Analysis

The global automotive testing, inspection and certification (TIC) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to global automotive testing, inspection and certification (TIC) market.

Some of the major players operating in the global automotive testing, inspection and certification (TIC) market are:

  • SGS S.A. (Switzerland)
  • Bureau Veritas S.A. (France)
  • Intertek Group Plc. (U.K.)
  • Dekra SE (Germany)
  • TÜV SÜD (Germany)
  • TÜV Rheinland Ag Group (U.S.)
  • DNV GL (Norway)
  • British Standards Institution (BSI) (U.K.)
  • Norges Elektriske Materiellkontroll (NEMKO) (Norway)
  • Eurofins Scientific SE (Luxembourg)
  • Applus+ (Spain)
  • TÜV Nord Group (Germany)
  • Mistras Group (U.S.)
  • Lloyd’s Register Group Limited (U.K.)
  • Element Materials Technology Ltd. (U.K.)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The Automotive Testing, Inspection and Certification (TIC) Market will be worth USD 35.6 million by 2030.
The Automotive Testing, Inspection and Certification (TIC) Market growth rate is 8.22% during the forecast period.
Imposition of Various Regulations and Safety Standards & Expansion of Automotive Industries in Developing Regions are the growth drivers of the Automotive Testing, Inspection and Certification (TIC) Market.
The service type, sourcing type and application are the factors on which the Automotive Testing, Inspection and Certification (TIC) Market research is based.
The Applus+ Automotive division in the U.S. won four contract extensions for statutory vehicle inspections & TÜV SÜD signed a collaboration agreement with Thailand's Ministry of Industry and the Thailand Automotive Institute (TAI) to establish a battery testing centre near Bangkok are the latest developments in the Automotive Testing, Inspection and Certification (TIC) Market.
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