Automotive Testing Inspection and Certification (TIC) Market - Forecasts From 2018 to 2023

November 2018 | 100 pages | ID: AA86D69A11AEN
Knowledge Sourcing Intelligence LLP

Abstracts

The automotive testing inspection and certification market is projected to grow at a CAGR of 9.12% to reach US$32.330 billion by 2023, from US$19.149 billion in 2017. The automotive manufacturers are increasingly focusing on installing components and use materials that improve the overall functionality and reduces the weight of the vehicle. The new material requires undergoing stringent testing mechanism in order to ensure safety of the passengers, which is significantly driving the automotive testing inspection and certification (TIC) market. Moreover, the growing competition in the industry is resulting in firms opting for strategies that enable them to reduce the development time of the product and are increasingly outsourcing the TIC services.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the automotive testing inspection and certification value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the automotive testing inspection and certification market.

Major industry players profiled as part of the report are Bureau Veritas S.A, SGS SA, DNG VL, TUV SUD, and Intertek Group plc among others.

Segmentation

The automotive testing inspection and certification market has been analyzed through following segments:
By Service
Testing
Inspection
Certification
By Sourcing
Outsourced
In-house
By Application
Telematics
Electrical Systems and Components
Interior & Exterior Material
Homologation Testing
Others
By Geography
North America
USA
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
India
Others

Contents

1. INTRODUCTION

1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

2.1. Research Design
2.2. Secondary Sources

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
  4.5.1. Bargaining Power of Suppliers
  4.5.2. Bargaining Power of Buyers
  4.5.3. Threat of New Entrants
  4.5.4. Threat of Substitutes
  4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. AUTOMOTIVE TESTING INSPECTION AND CERTIFICATION MARKET BY SERVICE

5.1. Testing
5.2. Inspection
5.3. Certification

6. AUTOMOTIVE TESTING INSPECTION AND CERTIFICATION MARKET BY SOURCING

6.1. Outsourced
6.2. In-house

7. AUTOMOTIVE TESTING INSPECTION AND CERTIFICATION MARKET BY APPLICATION

7.1. Telematics
7.2. Electrical Systems and Components
7.3. Interior & Exterior Material
7.4. Homologation Testing
7.5. Others

8. AUTOMOTIVE TESTING INSPECTION AND CERTIFICATION MARKET BY GEOGRAPHY

8.1. North America
  8.1.1. USA
  8.1.2. Canada
  8.1.3. Mexico
  8.1.4. Others
8.2. South America
  8.2.1. Brazil
  8.2.2. Argentina
  8.2.3. Others
8.3. Europe
  8.3.1. Germany
  8.3.2. France
  8.3.3. United Kingdom
  8.3.4. Others
8.4. Middle East and Africa
  8.4.1. Saudi Arabia
  8.4.2. Israel
  8.4.3. Others
8.5. Asia Pacific
  8.5.1. China
  8.5.2. Japan
  8.5.3. India
  8.5.4. Others

9. COMPETITIVE INTELLIGENCE

9.1. Market Share Analysis
9.2. Recent Investment and Deals
9.3. Strategies of Key Players

10. COMPANY PROFILES

10.1. Bureau Veritas S.A
  10.1.1. Company Overview
  10.1.2. Financials
  10.1.3. Products and Services
  10.1.4. Recent Developments
10.2. SGS SA
  10.2.1. Company Overview
  10.2.2. Financials
  10.2.3. Products and Services
  10.2.4. Recent Developments
10.3. Dekra Group
  10.3.1. Company Overview
  10.3.2. Financials
  10.3.3. Products and Services
  10.3.4. Recent Developments
10.4. Intertek Group Plc
  10.4.1. Company Overview
  10.4.2. Financials
  10.4.3. Products and Services
  10.4.4. Recent Developments
10.5. TÜV SÜD
  10.5.1. Company Overview
  10.5.2. Financials
  10.5.3. Products and Services
  10.5.4. Recent Developments
10.6. BSI Group
  10.6.1. Company Overview
  10.6.2. Financials
  10.6.3. Products and Services
  10.6.4. Recent Developments
10.7. DNV GL
  10.7.1. Company Overview
  10.7.2. Financials
  10.7.3. Products and Services
  10.7.4. Recent Developments
LIST OF FIGURES
LIST OF TABLES
DISCLAIMER