The Latest Research Report published by Global Reports Store on ‘Automotive TIC Industry Forecast 2019-2025’. Which contain 120 Pages, 80 Figures and Tables, With detailed description of past, present, and future of Automotive TIC Industry along with 15 Companies detailed profile analysis. Global Automotive TIC Industry to reach USD 31.2 billion by 2025.
Global Automotive TIC Industry valued approximately USD 17.9 billion in 2017 is anticipated to grow with a healthy growth rate of more than 7.20% over the forecast period 2019-2025. The global testing, inspection and certification Industry is experiencing growth owing to the factors such as increased outsourcing of testing, inspection & certification services and diversified requirement of products and standard regulations. Regulations pertaining to quality, health and environment safety have become stringent in the recent past which is driving the demand for these services. Apart from this, end-user demand seeking third party assurance and improved risk awareness and focus on risk prevention are also the major factor which are expected to boost the demand for testing, inspection and certification services across the globe.
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The regional analysis of Global Automotive TIC Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific (APAC) accounted for the largest share of the automotive TIC, by geography in 2018. The automotive industry is subject to strict safety regulations in a few APAC countries such as Japan and South Korea; demands for passenger cars is also on the rise in these countries. Countries such as China are estimated to come up with vehicle and road safety regulations owing to growing population as well as vehicle demand. Reasons such as limited infrastructure and increasing number of accidents could boost the implementation of safety regulations. Increased production of motor vehicles in countries such as India, China, Japan, and South Korea is significantly contributing towards the growth of the automotive TIC Industry in the APAC region.
The objective of the study is to define Industry sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Industry. Additionally, the report shall also incorporate available opportunities in micro Industrys for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
Market Player in ‘Automotive TIC Industry:
TUV SUD Group
Applus Services S.A
TUV Nord Group
TUV Rheinland AG Group
Bureau Veritas S.A
Intertek Group PLC
Sai Global Pty Limited
By Automotive Application:
Adas & Safety Control
Chassis & Body Controller
By Service Type:
By Sourcing Type:
By Service Application:
Electrical System & Component
Electric Vehicles, Hybrid Electric Vehicles, & Battery System
Fuel, Fluids & Lubricants
Interior and Exterior Material Component
Vehicle Inspection Services
North America (USA, Canada)
Europe (Germany, U.K., France, Italy, Rest of Europe)
APAC (China, India, Japan, Rest of Asia-Pacific)
RoW (Latin America, Middle East & Africa)
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High lite Form This Research Report:
1 Business Overview: An exhaustive description of the companies operation and business divisions.
2 Corporate Strategy: Analyst’s summarisation of the companies business strategy.
3 SWOT Analysis: A detail analysis of company Strength, Weakness, Opportunity, and Threats.
4 Company History: Progression of key events associated with the company.
5 Major Products and Services: A list of major Products, Services, and Brands of the company.
6 Key Competitors: A list of key competitors to the company.
7 Important Locations and subsidiaries: a list and contact details of key locations and subsidiaries of the company.
Table of Contents – Major Key Points
Chapter 1: Executive summary
Chapter 2: Scope of the report
Chapter 3: Market research methodology
Chapter 4: Introduction
Chapter 5: Market landscape
Chapter 6: Market segmentation by product
Chapter 7: Key leading countries
Chapter 8: Market drivers
Chapter 9: Impact of drivers
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