Astute Analytica recently published a new research report titled Global Automotive TIC Services Market. This includes in-depth information on new trends, market factors, business prospects, and obstacles that could alter the market dynamics of the sector. It offers a thorough overview of the market segments, including information on goods, applications, and competitors.
The Automotive TIC Services Market is currently valued to be around US$ 17.2 billion industry and is expected to grow at an approx. CAGR of 4.8% in the forecast period 2021-2027.
With strategic analysis, micro and macro market trends and scenarios, price analysis, and a comprehensive description of the market conditions in the forecast period, the global Automotive TIC Services Market research report keeps a close eye on the major competitors.
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The report’s key and secondary drivers, market share, top segments, and regional analysis are all highlighted in this expertly written-and comprehensive document. The paper also examines prominent actors, significant partnerships, mergers, and acquisitions, as well as popular innovations and business practices.
Leading Companies
The major players in the market are Applus Services S.A., Bureau Veritas, Dekra Se, Element Materials Technology, Eurofins Scientific, Lloyd’s Register Group Limited, Intertek Group PLC, TÜV NORD Group, TUV Rheinland AG Group and TUV SUD SGS among others.
Leading players are constantly focusing on different strategies such as acquisitions and mergers that can increase their market hold by offering better services. For instance, in 2019, TUV SUD and AKKA (Engineering consulting company) collaborated to focus on the design and development of a fuel-efficient and low emission engine.
The development work being done in the market sector for Automotive TIC Services Market, the remaining suppliers and dealers, regional import and export surveys, and regional import and export surveys are all covered in this area. The remaining data was gathered through surveys, public announcements, news articles, premium white newspapers, and interviews with all Cleeve officials.
Segmentation Overview
By Service Type:
- Testing Service
- Inspection Service
- Certification Service
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By Source:
- In-house
- Outsource
By Application:
- Advanced Driver Assistance Systems (ADAS) Testing
- Electrical and Electronics Market
- Electric Vehicles and Battery Systems
- Fuels, Fluids, and Lubricants
- Homologation Testing
- Interior and Exterior Material Components
- Telematics
- OEM Testing
- Vehicle Inspection Services
- Others
By Supply Chain Services:
- Design
- Production
- Distribution
- Selling
- Operation
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
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