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The Automotive TIC market research report holds history of records, and stores every connected remark and exercises around each archive.The report includes the organization profiles, monetary status, recent advancements, mergers and acquisitions, and the SWOT analysis. This exploration report will give a clear idea about the overall market trends and market events to make smart decisions. Different tools and techniques such as Porter’s five analysis and SWOT analysis are utilized to prepare this market research report. The report, without any doubt, is an excellent source of market insights, trends and market happenings.
Market Analysis: Global Automotive TIC Market
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.
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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 automotive TIC market on the basis of service type, sourcing type, and application
Trends of key regional and country-level markets for service type, sourcing type, and application
Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
Key Market Competitors: Global Automotive TIC Market
The key players operating in the global automotive TIC market are –
Applus Services SA
Bureau Veritas SA
Intertek Group PLC
The other players in the market are 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, and UL LLC among other.
In, July, 2018, SGS SA invested in new accreditations, laboratory services, testing facilities and parameters which will hlp the company with latest development, capabilities and new service available.
Growth in automotive production worldwide
Raising awareness about safety among consumers
Stringent regulations and standards in automotive industry
Varying regulations and standards across regions
Time consuming for the overseas qualification test
TABLE OF CONTENTS
1.1. Market Definitions
1.2. Research Methodology
1.3. Market Segmentation
3.4. Premium Market Trends
4.1. Value Chain Analysis
4.2. Technology Roadmap
4.3. Market Attractiveness Analysis
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Segmentation: Global Automotive TIC Market
By Service Type
By Sourcing Type
Electrical Systems and Components
Vehicle Inspection Services
Interior & Exterior Materials
Rest of Europe
Rest of Asia Pacific
Rest of South America
Middle East & 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.
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