TIC Services for Automotive Market

TIC Services for Automotive consists of conformity assessment bodies that provide services ranging from auditing and inspection, to testing, verification, quality assurance and certification.

The International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC), international standard-setting bodies composed of representatives from various national standards organizations define the different testing, inspection and certification services in the international standard series ISO/IEC 17000:2004 Conformity assessment -- Vocabulary and general principles as:

? Testing: determination of one or more characteristics of an object of conformity assessment, according to a procedure.

? Inspection: examination of a product design, product, process or installation and determination of its conformity with specific requirements or, on the basis of professional judgement, with general requirements.

? Certification: third-party attestation related to products, processes, systems or persons.

TIC Services for Automotive Market contains market size and forecasts of TIC Services for Automotive in Global, including the following market information:

Global TIC Services for Automotive Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global TIC Services for Automotive market was valued at 15980 million in 2021 and is projected to reach US$ 24530 million by 2028, at a CAGR of 6.3% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Testing Service Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of TIC Services for Automotive include DEKRA, T?V S?D Group, Applus Services, Bureau Veritas, T?V Rheinland Group, T?V Nord Group, SGS Group and Intertek Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the TIC Services for Automotive companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global TIC Services for Automotive Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global TIC Services for Automotive Market Segment Percentages, by Type, 2021 (%)

Testing Service

Inspection Service

Certification Service

Global TIC Services for Automotive Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global TIC Services for Automotive Market Segment Percentages, by Application, 2021 (%)

Passenger Vehicle

Commercial Vehicle

Global TIC Services for Automotive Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global TIC Services for Automotive Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies TIC Services for Automotive revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies TIC Services for Automotive revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

DEKRA

T?V S?D Group

Applus Services

Bureau Veritas

T?V Rheinland Group

T?V Nord Group

SGS Group

Intertek Group