Automotive TIC - Global Market Outlook (2019-2027)

Automotive TIC - Global Market Outlook (2019-2027)

According to Stratistics MRC, the Global Automotive TIC Market is accounted for $16.90 billion in 2019 and is expected to reach $29.92 billion by 2027 growing at a CAGR of 7.4% during the forecast period. Some of the key factors propelling the market growth include increasing automobile production in emerging economies, growing inclination toward outsourcing TIC services, rising focus of governments to impose strict regulatory standards on the automotive industry, and surging adoption of automotive electronics to maintain passenger and vehicle safety. However, varying regulations/standards across regions is likely to hamper the market.

Automotive testing, inspection, and certification services (TIC) are done to check roadworthiness of a vehicle. Automotive TIC authenticates the test and inspection results against the standard set by the government, international standardization. Presently, it is commonly used by the manufacturer to show that their products are manufactured according to the government standardization and regulations. The automotive testing, inspection, and certification (TIC) are vital steps in the success of the automotive manufacturers and suppliers. This helps in the production of high quality, safe, and reliable automotive products/components.

By application, vehicle inspection services (VIS) are offered by automotive TIC companies. It is a technical inspection service provided by TIC companies for commercial vehicles (commercial van and truck fleets; heavy and mid-duty trucks; tractors; trailers; construction equipment; forklifts) and passenger vehicles (cars, motorcycles, pick-up trucks, boats and recreational trailers, all-terrain vehicles (ATVs), and recreational vehicles (RVs)). VIS services should ideally follow national/international regulatory standards for environmental protection. These services are also applicable to imported and used vehicles.

On the basis of geography, Asia Pacific (APAC) is expected to have considerable market growth during the forecast period. The automotive industry is subject to strict safety regulations in a few Asia Pacific countries such as Japan and South Korea demands passenger cars are also on the increase these countries. Increased production of motor vehicles in countries which are India, China, Japan, and South Korea is significantly contributing to the growth of the automotive TIC market in the APAC region.

Some of the key players in Automotive TIC market include TUV Nord Group, Bureau Veritas S.A., Intertek, British Standards Institution (BSI), Rina S.P.A., Lloyd’s, Mistras, Dekra SE, TUV SUD, UL LLC, Eurofins, Element Materials, UV Nord Group, Applus+, SGS Group, TUV Rheinland AG Group, DNV GL, Norges Elektriske Materiellkontroll (NEMKO), Nsf International, and Engineering, Quality, and Safety (EQS).

Sourcing Types Covered:
• Outsourced
• In-house

Service Types Covered:
• Inspection Services
• Testing Services
• Certification Services
• Other Services

Applications Covered:
• Homologation Testing
• Electrical Systems and Components
• Electric Vehicles, Hybrid Electric Vehicles, and Battery Systems
• Automotive Fuels, Fluids, and Lubricants
• Interior and Exterior Materials and Components
• Telematics
• Advanced Driver Assistance Systems (ADAS) Testing
• OEM Testing
• Durability Testing
• Emission Testing
• Acoustic Testing
• Passenger Cars
• Commercial Vehicles
• Other Applications

Places Covered:
• Other Service Providers (OSP)
• Workshop

Materials Covered:
• Composites
• Alloys

Automotive Applications Covered:
• Adas and Safety Controller
• Chassis and Body Controller
• Functional Safety
• Cockpit Controller

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
France
Italy
UK
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Automotive TIC Market, By Sourcing Type
5.1 Introduction
5.2 Outsourced
5.3 In-house
6 Global Automotive TIC Market, By Service Type
6.1 Introduction
6.2 Inspection Services
6.3 Testing Services
6.4 Certification Services
6.5 Other Services
6.5.1 Technical Assistance
6.5.2 Auditing Services
6.5.3 Environmental Services
6.5.4 Consulting Services
6.5.5 Asset Integrity Management Services
6.5.6 Quality, Safety, and Health Services
6.5.7 Project Management Services
6.5.8 Vehicle Inspection Services
7 Global Automotive TIC Market, By Application
7.1 Introduction
7.2 Homologation Testing
7.3 Electrical Systems and Components
7.4 Electric Vehicles, Hybrid Electric Vehicles, and Battery Systems
7.5 Automotive Fuels, Fluids, and Lubricants
7.6 Interior and Exterior Materials and Components
7.7 Telematics
7.8 Advanced Driver Assistance Systems (ADAS) Testing
7.9 OEM Testing
7.10 Durability Testing
7.11 Emission Testing
7.12 Acoustic Testing
7.13 Passenger Cars
7.14 Commercial Vehicles
7.15 Other Applications
7.15.1 Quality-Safety-Health-and-Environment
7.15.2 Auditing
7.15.3 Road Safety and Traffic Services
8 Global Automotive TIC Market, By Place
8.1 Introduction
8.2 Other Service Providers (OSP)
8.3 Workshop
9 Global Automotive TIC Market, By Material
9.1 Introduction
9.2 Composites
9.3 Alloys
10 Global Automotive TIC Market, By Automotive Application
10.1 Introduction
10.2 Adas and Safety Controller
10.3 Chassis and Body Controller
10.4 Functional Safety
10.5 Cockpit Controller
11 Global Automotive TIC Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 TUV Nord Group
13.2 Bureau Veritas S.A.
13.3 Intertek
13.4 British Standards Institution (BSI)
13.5 Rina S.P.A.
13.6 Lloyd’s
13.7 Mistras
13.8 Dekra SE
13.9 TUV SUD
13.10 UL LLC
13.11 Eurofins
13.12 Element Materials
13.13 UV Nord Group
13.14 Applus+
13.15 SGS Group
13.16 TUV Rheinland AG Group
13.17 DNV GL
13.18 Norges Elektriske Materiellkontroll (NEMKO)
13.19 Nsf International
13.20 Engineering, Quality, and Safety (EQS)
List of Tables
Table 1 Global Automotive TIC Market Outlook, By Region (2018-2027) ($MN)
Table 2 Global Automotive TIC Market Outlook, By Sourcing Type (2018-2027) ($MN)
Table 3 Global Automotive TIC Market Outlook, By Outsourced (2018-2027) ($MN)
Table 4 Global Automotive TIC Market Outlook, By In-house (2018-2027) ($MN)
Table 5 Global Automotive TIC Market Outlook, By Service Type (2018-2027) ($MN)
Table 6 Global Automotive TIC Market Outlook, By Inspection Services (2018-2027) ($MN)
Table 7 Global Automotive TIC Market Outlook, By Testing Services (2018-2027) ($MN)
Table 8 Global Automotive TIC Market Outlook, By Certification Services (2018-2027) ($MN)
Table 9 Global Automotive TIC Market Outlook, By Other Services (2018-2027) ($MN)
Table 10 Global Automotive TIC Market Outlook, By Technical Assistance (2018-2027) ($MN)
Table 11 Global Automotive TIC Market Outlook, By Auditing Services (2018-2027) ($MN)
Table 12 Global Automotive TIC Market Outlook, By Environmental Services (2018-2027) ($MN)
Table 13 Global Automotive TIC Market Outlook, By Consulting Services (2018-2027) ($MN)
Table 14 Global Automotive TIC Market Outlook, By Asset Integrity Management Services (2018-2027) ($MN)
Table 15 Global Automotive TIC Market Outlook, By Quality, Safety, and Health Services (2018-2027) ($MN)
Table 16 Global Automotive TIC Market Outlook, By Project Management Services (2018-2027) ($MN)
Table 17 Global Automotive TIC Market Outlook, By Vehicle Inspection Services (2018-2027) ($MN)
Table 18 Global Automotive TIC Market Outlook, By Application (2018-2027) ($MN)
Table 19 Global Automotive TIC Market Outlook, By Homologation Testing (2018-2027) ($MN)
Table 20 Global Automotive TIC Market Outlook, By Electrical Systems and Components (2018-2027) ($MN)
Table 21 Global Automotive TIC Market Outlook, By Electric Vehicles, Hybrid Electric Vehicles, and Battery Systems (2018-2027) ($MN)
Table 22 Global Automotive TIC Market Outlook, By Automotive Fuels, Fluids, and Lubricants (2018-2027) ($MN)
Table 23 Global Automotive TIC Market Outlook, By Interior and Exterior Materials and Components (2018-2027) ($MN)
Table 24 Global Automotive TIC Market Outlook, By Telematics (2018-2027) ($MN)
Table 25 Global Automotive TIC Market Outlook, By Advanced Driver Assistance Systems (ADAS) Testing (2018-2027) ($MN)
Table 26 Global Automotive TIC Market Outlook, By OEM Testing (2018-2027) ($MN)
Table 27 Global Automotive TIC Market Outlook, By Durability Testing (2018-2027) ($MN)
Table 28 Global Automotive TIC Market Outlook, By Emission Testing (2018-2027) ($MN)
Table 29 Global Automotive TIC Market Outlook, By Acoustic Testing (2018-2027) ($MN)
Table 30 Global Automotive TIC Market Outlook, By Passenger Cars (2018-2027) ($MN)
Table 31 Global Automotive TIC Market Outlook, By Commercial Vehicles (2018-2027) ($MN)
Table 32 Global Automotive TIC Market Outlook, By Other Applications (2018-2027) ($MN)
Table 33 Global Automotive TIC Market Outlook, By Quality-Safety-Health-and-Environment (2018-2027) ($MN)
Table 34 Global Automotive TIC Market Outlook, By Auditing (2018-2027) ($MN)
Table 35 Global Automotive TIC Market Outlook, By Road Safety and Traffic Services (2018-2027) ($MN)
Table 36 Global Automotive TIC Market Outlook, By Place (2018-2027) ($MN)
Table 37 Global Automotive TIC Market Outlook, By Other Service Providers (OSP) (2018-2027) ($MN)
Table 38 Global Automotive TIC Market Outlook, By Workshop (2018-2027) ($MN)
Table 39 Global Automotive TIC Market Outlook, By Material (2018-2027) ($MN)
Table 40 Global Automotive TIC Market Outlook, By Composites (2018-2027) ($MN)
Table 41 Global Automotive TIC Market Outlook, By Alloys (2018-2027) ($MN)
Table 42 Global Automotive TIC Market Outlook, By Automotive Application (2018-2027) ($MN)
Table 43 Global Automotive TIC Market Outlook, By Adas and Safety Controller (2018-2027) ($MN)
Table 44 Global Automotive TIC Market Outlook, By Chassis and Body Controller (2018-2027) ($MN)
Table 45 Global Automotive TIC Market Outlook, By Functional Safety (2018-2027) ($MN)
Table 46 Global Automotive TIC Market Outlook, By Cockpit Controller (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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