Global Automotive TIC Market Size study, by Service Type (Testing, Inspection, and Certification), Sourcing Type (In-House and Outsourced), Application (Vehicle Inspection Services, Telematics, and Electrical Systems and Components), and Regional Forecasts 2019-2026       | Industry Report

Global Automotive TIC Market Size study, by Service Type (Testing, Inspection, and Certification), Sourcing Type (In-House and Outsourced), Application (Vehicle Inspection Services, Telematics, and Electrical Systems and Components), and Regional Forecasts 2019-2026


Report Id: 4ARC-71573  |  Published:Apr 2019  |  No of Pages: 200 |  Industry: Automotive & Transport |  Publisher: Bizwit Research and Consulting

"Global Automotive TIC Market is valued approximately USD 19.4 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 7.23 % over the forecast period 2019-2026.  Automotive TIC is performed to check if the vehicle is meeting acceptable standards and is in suitable operating condition or safe for driving and transport. Automotive TIC includes testing services, inspection cervices and certification services. This procedure is performed by government certified agencies or government bodies of countries to check if the vehicles meet the minimum standards set by the governing body in the country as several standards set by each country about different parameters related to vehicles such as number of air bags required, emission limit, seat belts, and other safety features. Various tests performed on vehicles includes exhaust emission test, frontal and side crash test, under body inspection, brake test and other component tests such as safety features, power assisted stearing, vaccum, air and hydraulic brake systems, steering and brake fluids, direction blinkers, headlamps etc. The market growth of automotive TIC is primarily driven by factors such as increasing automotive production globally, stringent regulations and standards in automotive industry, increasing awareness about safety among consumers, outsourcing tendencies in TIC services market, rising trend of electronic systems adoption in the automotive industry and growing incidences of vehicle recall. 

Stringent government regulations are driving the market growth of automotive TIC during the forecast period. For instance, in 2018, South Korean transport ministry announced that every passenger vehicle should have Lane Departure Warning (LDW) systems and Automated Emergency Braking (AEB) from January 2019. These stringent government regulations are a result of increasing automotive accidents. Thus, to increase the safety of vehicles government bodies of various countries have declared various safety standards for automobiles that every automobile manufacturer has to follow which is supplementing the market growth of automotive TIC during the forecast period as government bodies or certified agencies regularly perform automotive TIC to check the compliance. 


The regional analysis of global Automotive TIC market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share. The market growth of automotive TIC in Asia Pacific region is primarily driven by increasing production and sales of passenger cars in the region. The increasing production of passenger cars in the region is supplementing the market growth of automotive TIC as these procedures are performed by government certified agencies or government bodies of countries in the region to check if the vehicles meet the minimum standards. This would create lucrative growth prospects for the Automotive TIC market across Asia-Pacific region. 


Major market player included in this report are:

Dekra Se

TUV SUD Group

Applus Services S.A.

SGS Group

TUV Nord Group

TUV RheinlanAG Group

Bureau Veritas S.A.

Intertek Group PLC

Eurofins Scientific

Element Materials Technology



The objective of the study is to define market 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 market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: 

By Service Type:

Testing

Inspection

Certification 

By Sourcing Type:

 In-House   

 Outsourced 

 

 By Application:

 Vehicle Inspection Services

 Telematics

  Electrical Systems & Components

  Others


By Region:

North America

U.S.

Canada

Europe

UK

Germany

Asia Pacific

China

India

Japan

Latin America

Brazil

Mexico

Rest of the World


Furthermore, years considered for the study are as follows:


Historical year – 2016, 2017

Base year – 2018

Forecast period – 2019 to 2026


Target Audience of the Global Automotive TIC Market in Market Study:


Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors 

"

"Chapter 1. Executive Summary   

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)

1.2.1. Automotive TIC Market, by Region, 2017-2026 (USD Billion)

1.2.2. Automotive TIC Market, by Service Type, 2017-2026 (USD Billion)

1.2.3. Automotive TIC Market, by Sourcing Type, 2017-2026 (USD Billion)

1.2.4. Automotive TIC Market, by Application, 2017-2026 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption  

Chapter 2. Global Automotive TIC Market Definition and Scope 

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Automotive TIC Market Dynamics

3.1. Automotive TIC Market Impact Analysis (2018-2026)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Automotive TIC Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)

4.2. PEST Analysis

4.2.1. Political 

4.2.2. Economical

4.2.3. Social 

4.2.4. Technological 

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Automotive TIC Market, by Service Type 

5.1. Market Snapshot 

5.2. Global Automotive TIC Market by Service Type, Performance - Potential Analysis

5.3. Global Automotive TIC Market Estimates & Forecasts by Service Type 2016-2026 (USD Billion)

5.4. Automotive TIC Market, Sub Segment Analysis  

5.4.1.   Testing

5.4.2. Inspection

5.4.3. Certification 

5.4.4. Other services

Chapter 6. Global Automotive TIC Market, by Sourcing Type          

6.1. Market Snapshot 

6.2. Global Automotive TIC Market by Sourcing Type, Performance - Potential Analysis

6.3. Global Automotive TIC Market Estimates & Forecasts by Sourcing Type 2016-2026 (USD Billion)

6.4. Automotive TIC Market, Sub Segment Analysis

6.4.1.    In-House   

6.4.2. Outsourced 

Chapter 7. Global Automotive TIC Market, by Application          

7.1. Market Snapshot 

7.2. Global Automotive TIC Market by Sourcing Type, Performance - Potential Analysis

7.3. Global Automotive TIC Market Estimates & Forecasts by Sourcing Type 2016-2026 (USD Billion)

7.4. Automotive TIC Market, Sub Segment Analysis

7.4.1. Vehicle Inspection Services

7.4.2. Telematics

7.4.3. Electrical Systems & Components

7.4.4. Others

Chapter 8. Global Automotive TIC Market, Regional Analysis

8.1. Automotive TIC Market, Regional Market Snapshot 

8.2. North America Automotive TIC Market 

8.2.1. U.S. Automotive TIC Market

8.2.1.1. Sourcing Type breakdown estimates & forecasts, 2016-2026 

8.2.1.2. Sourcing Type breakdown estimates & forecasts, 2016-2026 

8.2.2. Canada Automotive TIC Market

8.3. Europe Automotive TIC Market Snapshot

8.3.1. U.K. Automotive TIC Market 

8.3.2. Rest of Europe Automotive TIC Market

8.4. Asia-Pacific Automotive TIC Market Snapshot

8.4.1. China Automotive TIC Market 

8.4.2. India Automotive TIC Market 

8.4.3. Japan Automotive TIC Market

8.4.4. Rest of Asia Pacific Automotive TIC Market

8.5. Latin America Automotive TIC Market Snapshot

8.5.1. Brazil Automotive TIC Market

8.5.2. Mexico Automotive TIC Market

8.6. Rest of The World Automotive TIC Market


Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1.   Dekra Se

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2.              TUV SUD Group

9.2.3.              Applus Services S.A.

9.2.4.              SGS Group

9.2.5.              TUV Nord Group

9.2.6.              TUV Rheinland AG Group

9.2.7.              Bureau Veritas S.A.

9.2.8.              Intertek Group PLC

9.2.9.              Eurofins Scientific

9.2.10. Element Materials Technology

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption"


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