Automotive TIC 2019 Growing Demands and Precise Outlook – Dekra Se, TUV SUD Group, Applus Services S.A.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Automotive TIC Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

According to Verified Market Research, The Global Automotive TIC Market was valued at USD 18.06 Billion in 2018 and is projected to reach USD 32.53 Billion by 2026, growing at a CAGR of 7.04% from 2019 to 2026.

Automotive certification is the process of certifying automobiles or a particular component as per the requirements set by various statutory regulatory bodies. Automotive Testing & Certification plays an important role to meet the regulatory standards. In most areas it is mandatory to get approval in order to export automotive products or components. With the increased emphasis on safety and environmental protection, the number of regulations applied to automobiles has increased globally. The rules and regulations imposed vary from country to country and automobile and spare part manufacturers, suppliers have to comply with these regulations.

With the increasing automotive production worldwide, there can be seen to be a growing awareness about safety among consumers. These factors, along with the stringent regulations and standards in automotive industry are boosting the growth of the global Automotive TIC market. Factors such as the long lead time required for overseas qualification tests are restraining the growth of the market.
The key players are as follows:

Dekra Se, TUV SUD Group, Applus Services S.A., SGS Group, TUV Nord Group, TUV Rheinland AG Group, Bureau Veritas S.A., Intertek Group PLC, Eurofins Scientific and Element Materials Technology.

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Competitive Landscape:

Key players of the global Automotive TIC market are profiled on the basis of various factors, which include recent developments, business strategies, financial strength, weaknesses, and main business. The Automotive TIC report offers a special assessment of top strategic moves of leading players such as merger and acquisition, collaboration, new product launch, and partnership.
Global Automotive TIC Market, By Material

Global Automotive TIC Market, By Automotive Application
Functional Safety
Cockpit Controller
Adas and Safety Controller
Chassis and Body Controller

Global Automotive TIC Market, By Service Type
Testing Services
Inspection Services
Certification Services

Global Automotive TIC Market, By Sourcing Type

Global Automotive TIC Market, By Application
Fuels, Fluids, and Lubricants
Interior & Exterior Materials and Components
Vehicle Inspection Services
Electric Vehicles, Hybrid Electric Vehicles, and Battery Systems
Homologation Testing
Electrical Systems and Components
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Regional Segments Analysis:

The Middle East and Africa (GCC Countries and Egypt.)

North America (the United States, Mexico, and Canada.)

South America (Brazil etc.)

Europe (Turkey, Germany, Russia UK, Italy, France, etc.)

Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia.)

Full Browse the report description and TOC:

Highlights of TOC:

Market Overview: It starts with product overview and scope of the global Automotive TIC market and later gives consumption and production growth rate comparisons by application and product respectively. It also includes a glimpse of the regional study and Automotive TIC market size analysis for the review period.

Company Profiles: Each company profiled in the report is assessed for its market growth keeping in view vital factors such as price; Automotive TIC market gross margin, revenue, production, markets served, main business, product specifications, applications, and introduction, areas served, and production sites.

Manufacturing Cost Analysis: It includes industrial chain analysis, manufacturing process analysis, the proportion of manufacturing cost structure, and the analysis of key raw materials.

Market Dynamics: Readers are provided with a comprehensive analysis of Automotive TIC market challenges, influence factors, drivers, opportunities, and trends.

Market Forecast: Here, the Automotive TIC report provides consumption forecast by application, price, revenue, and production forecast by product, consumption forecast by region, production forecast by region, and production and revenue forecast.

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