Market Research News

Automotive TIC Market Analysis | Leading Players, Industry Updates, Future Growth, Business Prospects, In-depth Analysis Research Report Foresight to 2024

Global Automotive TIC Industry 2018 Market Research Report focuses on price, sales, revenue and growth rate of each type, as well as the types and each type price of key manufacturers, through interviewing key manufacturers. Second on basis of segments by manufacturers, this report focuses on the sales, price of each type, average price of Credit Insurance, revenue and market share, for key manufacturers.

The Global Automotive TIC Market is expected to reach USD 31.6 billion by 2025, from USD 18.11 billion in 2017 growing at a CAGR of 7.2% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. 

For In depth Information Get Free Sample Copy of this Report@ 

Global Automotive TIC Market, By Service Type (Testing Services, Inspection Services, Certification Services, Other Services), Sourcing Type (In-House, Outsourced), Application (Electrical Systems and Components, Telematics, Vehicle Inspection Services, Homologation Testing, Interior & Exterior Materials, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa).– Industry Trends and Forecast to 2025 

Complete report on Global Automotive TIC Market Research Report 2018-2025 spread across 350 Pages, profiling Top companies and supports with tables and figures 

Market Definition: Global Automotive TIC Market

Automotive TIC validates the test and inspection results against the standard set by the government, international standardization and other. Currently, it is widely used by the manufacturer to show that their products are manufactured according to the government standardization and regulations. It also helps the manufacturer to improve the marketability of their products.  According to Statista, the consumer electronic segment amounts to USD 301,311 million in 2018. Most of the revenue is generated from China.

According to the International Council on Clean Transportation, new car registration in EU increased to 14.60 million in 2016. The strongest growth took place in the sports utility vehicle segment that is about 3.7 million new cars were SUVs. Thus the above factor proves the automotive industry is growing and will derive the demand of Automotive TIC. 

Key Questions Answered in Global Automotive TIC Market Report:-

Our Report offers:- 

  • What will the market growth rate, Overview and Analysis by Type of Global Automotive TIC Market in 2025?
  • What are the key factors driving, Analysis by Applications and Countries Global Automotive TIC Market?
  • What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Automotive TIC Market?
  • Who are Opportunities, Risk and Driving Force of Global Automotive TIC Market?
  • Who are the opportunities and threats faced by the vendors in Global Automotive TIC Market? Business Overview by Type, Applications, Gross Margin and Market Share
  • What are the Global Automotive TIC Market opportunities, market risk and market overview of the Market? 

Request for Detailed TOC:

Top Key Players:

  • Applus Services SA
  • Bureau Veritas SA
  • Intertek Group PLC
  • Eurofins Scientific
  • SGS SA
  • TUV Nord Group
  • Eurofins Scientific
  • ASTM International
  • Element Materials Technology
  • Lloyd’s Register Group Limited
  • Mistras Group, Inc
  • DNV GL Group AS
  • Rina S.P.A.
  • Norges Elektriske Materiellkontroll
  • Dekra Certification GmbH
  • ALS Limited
  • BSI Group
  • SAI Global Limited
  • UL LLC
  • among other. 

Key Reasons to Purchase: 

  • To gain insightful analyses of the market and have comprehensive understanding of the Global Automotive TIC Market and its commercial landscape.
  • Assess the Automotive TIC production processes, major issues, and solutions to mitigate the development risk.
  • To understand the most affecting driving and restraining forces in the Automotive TIC Market and its impact in the Global market.
  • Learn about the market strategies that are being adopted by leading respective organizations.
  • To understand the future outlook and prospects for Global Automotive TIC Market. 

Avail 10% Instant Discount on Purchase of This Report Mail @ 

Market Drivers: 

  • Growth in automotive production worldwide
  • Raising awareness about safety among consumers
  • Stringent regulations and standards in automotive industry 

Market Restraint: 

  • Varying regulations and standards across regions
  • Time consuming for the overseas qualification test 

Key Insights in the report: 

  • Historical and current market size and projection up to 2025
  • Market trends impacting the growth of the global Automotive TIC market
  • Analyze and forecast the Automotive TIC market on the basis of type, application, end user industry.
  • Trends of key regional and country-level markets for type, application, end user industry.
  • Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.


Inquire Before Buying @

Customize report of “Global Automotive TIC Market” as per customers requirement also available.

Market Segmentations:

Global Automotive TIC Market is segmented on the basis of

  • Service Type
  • Sourcing Type
  • Application
  • Geography

Market Segmentations in Details:

By Service Type

  • Testing Services
  • Inspection Services
  • Certification Services
  • Other Services

By Sourcing Type

  • In-House
  • Outsourced

By Application

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

By Geography

Asia Pacific

  • China
  • South Korea
  • Japan
  • India
  • Australia
  • Singapore
  • Thailand
  • Indonesia
  • Malaysia
  • Philippines
  • Rest of Asia-Pacific

North America

  • US
  • Canada
  • Mexico


  • Russia
  • Turkey
  • Belgium
  • Netherlands
  • Switzerland
  • Spain
  • France
  • Germany
  • Italy
  • UK
  • Rest of Europe

South America

  • Brazil
  • Rest of south America

Middle East & Africa

  • South Africa
  • Rest of MEA

Competitive Landscape: Global Automotive TIC Market

The global automotive TIC market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Automotive TIC market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Speak to Author of the report @

Other Report

Global Innovation Management Market – Industry Trends and Forecast to 2024

Global Innovation Management Market, By Geography; Type (Software, Services); Organization Size (Large Enterprises, Small & Medium-sized Enterprises (SMEs)); Deployment Model (On-premises, Cloud); Application (Product Research & Development Platforms, Marketing, Design, Idea Platforms, Collective Intelligence & Prediction Platforms, Human Resource & Freelancers Platforms); Vertical (Banking, Financial Services, Insurance, IT, Media & Communication Technology, Aerospace & Defense, Public Sector & Education, Healthcare & Pharmaceuticals, Retail & Consumer Goods, Automotive & Manufacturing, Transportation & Logistics) – Industry Trends and Forecast to 2024

Report Access:

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.


Data Bridge Market Research

Tel: +1-888-387-2818



Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *