The automotive testing, inspection, and certification (TIC) market size is expected to grow by USD 5.03 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 5.51% during the forecast period.
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Automotive Testing, Inspection, and Certification (TIC) Market 2022-2026: Scope
The automotive testing, inspection, and certification (TIC) market report covers the following areas:
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Automotive Testing, Inspection, and Certification (TIC) Market 2022-2026: Driver and Challenge
The growing automotive industry is driving the growth of the market. The key players in the automobile industry plan to start new subsidiaries for electric vehicles. In addition, there is a need for proper TIC to ensure the safety and performance of vehicles, along with a major focus on quality control for automotive manufacturing operations and additional safety, testing, and reporting measures. TIC services help manufacturers in increasing the marketability of their products and reduce costs in the pre-production phases.
High lead time for the TIC process is challenging the growth of the market. The automotive TIC procedure is lengthy, as the automobile should be approved by an inspection team before receiving certification. Vehicles need to comply with the standards specified for the countries where they are sold. In the case of exports, manufacturers have to undergo additional procedures. All of these processes are time-consuming, which increases the overall lead time.
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Automotive Testing, Inspection, and Certification (TIC) Market 2022-2026: Segmentation
- Type
- Geography
- Europe
- North America
- APAC
- The Middle East And Africa
- South America
Automotive Testing, Inspection, and Certification (TIC) Market 2022-2026: Revenue-generating Type Segments
The in-house segment will be the largest contributor to market growth during the forecast period. In-house TIC refers to conducting TIC activities within the company instead of relying on outsourcing.
Automotive Testing, Inspection, and Certification (TIC) Market 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist automotive testing, inspection, and certification (TIC) market growth during the next five years
- Estimation of the automotive testing, inspection, and certification (TIC) market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive testing, inspection, and certification (TIC) market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive testing, inspection, and certification (TIC) market vendors
Related Reports
Testing, Inspection, and Certification Market in Japan by Type and Service - Forecast and Analysis 2022-2026: The testing, inspection, and certification market share in Japan is expected to increase by USD 3.07 billion from 2021 to 2026.
Industrial Automation Services Market by Service, End-user, and Geography - Forecast and Analysis 2021-2025: The industrial automation services market size is expected to grow by USD 45.32 billion during 2020-2025.
Automotive Testing, Inspection, And Certification (TIC) Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.51% |
Market growth 2022-2026 |
USD 5.03 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.0 |
Regional analysis |
Europe, North America, APAC, Middle East and Africa, and South America |
Performing market contribution |
Europe at 36% |
Key consumer countries |
US, China, Japan, Germany, and Italy |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
ALS Ltd, Applus Services Technologies SL, Bureau Veritas SA, DEKRA SE, DNV Group AS, Element Materials Technology Group Ltd., Eurofins Scientific SE, Intertek Group Plc, LRQA Group Ltd, Mistras Group Inc., NSF International, RINA Spa, SAI Global Pty. Ltd., SGS SA, The British Standards Institution, The Smithers Group Inc, TUV NORD AG, TUV Rheinland AG, TUV SUD AG, and UL LLC |
Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 24: Chart on Type - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 26: Chart on Comparison by Type
- Exhibit 27: Data Table on Comparison by Type
- 5.3 In-house - Market size and forecast 2021-2026
- Exhibit 28: Chart on In-house - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on In-house - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on In-house - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on In-house - Year-over-year growth 2021-2026 (%)
- 5.4 Outsourced - Market size and forecast 2021-2026
- Exhibit 32: Chart on Outsourced - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Outsourced - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Outsourced - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Outsourced - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Type
- Exhibit 36: Market opportunity by Type ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 Europe - Market size and forecast 2021-2026
- Exhibit 42: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.4 North America - Market size and forecast 2021-2026
- Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Germany - Market size and forecast 2021-2026
- Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.11 Japan - Market size and forecast 2021-2026
- Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.12 Italy - Market size and forecast 2021-2026
- Exhibit 78: Chart on Italy - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Italy - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Italy - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Italy - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 Applus Services Technologies SL
- Exhibit 89: Applus Services Technologies SL - Overview
- Exhibit 90: Applus Services Technologies SL - Business segments
- Exhibit 91: Applus Services Technologies SL - Key offerings
- Exhibit 92: Applus Services Technologies SL - Segment focus
- 10.4 Bureau Veritas SA
- Exhibit 93: Bureau Veritas SA - Overview
- Exhibit 94: Bureau Veritas SA - Business segments
- Exhibit 95: Bureau Veritas SA - Key news
- Exhibit 96: Bureau Veritas SA - Key offerings
- Exhibit 97: Bureau Veritas SA - Segment focus
- 10.5 DEKRA SE
- Exhibit 98: DEKRA SE - Overview
- Exhibit 99: DEKRA SE - Business segments
- Exhibit 100: DEKRA SE - Key offerings
- Exhibit 101: DEKRA SE - Segment focus
- 10.6 Eurofins Scientific SE
- Exhibit 102: Eurofins Scientific SE - Overview
- Exhibit 103: Eurofins Scientific SE - Business segments
- Exhibit 104: Eurofins Scientific SE - Key news
- Exhibit 105: Eurofins Scientific SE - Key offerings
- Exhibit 106: Eurofins Scientific SE - Segment focus
- 10.7 Intertek Group Plc
- Exhibit 107: Intertek Group Plc - Overview
- Exhibit 108: Intertek Group Plc - Business segments
- Exhibit 109: Intertek Group Plc - Key news
- Exhibit 110: Intertek Group Plc - Key offerings
- Exhibit 111: Intertek Group Plc - Segment focus
- 10.8 Mistras Group Inc.
- Exhibit 112: Mistras Group Inc. - Overview
- Exhibit 113: Mistras Group Inc. - Business segments
- Exhibit 114: Mistras Group Inc. - Key offerings
- Exhibit 115: Mistras Group Inc. - Segment focus
- 10.9 RINA Spa
- Exhibit 116: RINA Spa - Overview
- Exhibit 117: RINA Spa - Product / Service
- Exhibit 118: RINA Spa - Key offerings
- 10.10 SGS SA
- Exhibit 119: SGS SA - Overview
- Exhibit 120: SGS SA - Business segments
- Exhibit 121: SGS SA - Key offerings
- Exhibit 122: SGS SA - Segment focus
- 10.11 TUV NORD AG
- Exhibit 123: TUV NORD AG - Overview
- Exhibit 124: TUV NORD AG - Business segments
- Exhibit 125: TUV NORD AG - Key news
- Exhibit 126: TUV NORD AG - Key offerings
- Exhibit 127: TUV NORD AG - Segment focus
- 10.12 TUV SUD AG
- Exhibit 128: TUV SUD AG - Overview
- Exhibit 129: TUV SUD AG - Business segments
- Exhibit 130: TUV SUD AG - Key offerings
- Exhibit 131: TUV SUD AG - Segment focus
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 132: Inclusions checklist
- Exhibit 133: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 134: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 135: Research methodology
- Exhibit 136: Validation techniques employed for market sizing
- Exhibit 137: Information sources
- 11.5 List of abbreviations
- Exhibit 138: List of abbreviations
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