The global testing, inspection and certification market 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. Furthermore, increasing trade between countries as a result of globalization has also impacted the growth of this market positively.
Considering these positive factors, the demand for testing, inspection, and certification services is set to rise during the forecast period from 2018 - 2025. The growth of this market will be driven by increased automotive production worldwide, inclination toward outsourcing TIC services, vehicle recalls due to failure of components, and enforcement of strict government regulations and standards in the automotive sector worldwide.
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Segmentation:
By Substrate:
Cordierite
Silicon Carbide
Others
By Regeneration Catalyst:
Platinum-Rhodium (Pt-Rh)
Palladium-Rhodium (Pd-Rh)
Platinum-Palladium-Rhodium (Pt-Pd-Rh)
By On-Highway Vehicle:
Passenger Car
Light Commercial Vehicles
Truck
Bus
Global Automotive TIC Market Players List:
Dekra se
LLC
TUV SUD Group
Applus Services S.A
SGS Group
TUV Nord Group
TUV Rheinland AG Group
Bureau Veritas S.A
Intertek Group PLC
Eurofins Scientific
UL LLC
Sai Global Pty Limited
Rina S.P.A
Regional Overview:
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 (APAC) accounted for the largest share of the automotive TIC, by geography in 2018. Countries such as China are estimated to come up with vehicle and road safety regulations owing to growing population as well as vehicle demand. 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 market in the APAC region.
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Table of Contents:
Chapter 1. Global Automotive TIC Market Definition and Scope
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
Chapter 2. Research Methodology
2.1. Research Process
2.1.1. Data Mining
2.1.2. Analysis
2.1.3. Market Estimation
2.1.4. Validation
2.1.5. Publishing
2.2. Research Assumption
Chapter 3. Executive Summary
3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2. Key Trends
Chapter 4. Global Automotive TIC Market Dynamics
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis
4.2.1. Porter’s 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
TOC Continued
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