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Automotive TIC Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030

ID : MRU_124194 | Date : Feb, 2023 | Pages : 182 | Region : Global

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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.
The rising number of accidents, increasing automation in vehicles, advanced and more sophisticated components and features of a vehicle, increasing pollution, these are factors due to which demand for vehicle tasting and inspection is increasing day by day.
In 2017, Europe dominated the automotive testing, inspection, and certification market with 43.7% share, thanks to the presence of some of the world\'s leading automotive manufacturers and a steadily expanding domestic automotive industry.
North America also accounts for a significant share in the global market owing to the well-established automotive sector. In regions like Europe and North America, stringent rules for periodic vehicle inspection and testing are laid down so as to ensure the safety of human life. These regulations are also key drivers for the automotive testing, inspection, and certification market in these regions.

The report offers detailed coverage of Automotive TIC industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Automotive TIC by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Automotive TIC market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.

First, this report covers the present status and the future prospects of the global Automotive TIC market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
DEKRA
TÜV SÜD Group
Bureau Veritas
Applus Services
SGS Group
Intertek Group
TÜV Rheinland Group
TÜV Nord Group

At the same time, we classify Automotive TIC according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Testing
Inspection
Market by Application
Passenger Cars
Commercial Vehicles

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive TIC market for the forecast period 2023 - 2030?
• What are the driving forces in the Automotive TIC market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive TIC industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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