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Covid-19 Impact on Automotive Testing Inspection and Certification (TIC) Market Forecast to 2027 – Applus Services S.A., Bureau Veritas S.A., Element Materials Technology, Eurofins Scientific, Intertek Group PLC, Lloyd’s Register Group Limited, Mistras Group

Rising pollution levels owing to the unprecedented growth of vehicular population has forced the regulatory authorities to lay down stringent vehicular emission regulations. The emergence of electric vehicles as well as autonomous vehicles has enabled the growth in the automotive sector. Electric vehicles have helped the automotive OEMs to meet the stringent vehicle emission regulations. The rising vehicular pollution propels the need for testing, inspection and certification of the automobiles for ensuring regulatory compliances. An enhanced focus on the quality control for automotive manufacturing operations as well as additional safety and testing measures have increased in the recent times.

Growing demand for enhanced safety and comfort coupled with the need to curb the vehicular pollution levels and the rise in electronic automotive integrations by the automotive sector are anticipated to be the major driving factors for the automotive testing inspection and certification market. Lack of technological awareness would pose a challenge to the growth of the automotive testing inspection and certification market. Advanced technological integrations coupled with the growing investments by the automotive giants worldwide would provide significant opportunities to the players operating in the automotive testing inspection and certification market.

The “Global Automotive Testing Inspection and Certification (TIC) Market Analysis to 2027” is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the automotive testing inspection and certification market with detailed market segmentation by service type, sourcing type, application, and geography. The global automotive testing inspection and certification market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive testing inspection and certification market players and offers key trends and opportunities in the market.

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The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the automotive testing inspection and certification market. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of the last 3 years, the key development in the past five years.

  •  DEKRA SE
  •  Applus Services S.A.
  •  Bureau Veritas S.A.
  •  Element Materials Technology
  •  Eurofins Scientific
  •  Intertek Group PLC
  •  Lloyd’s Register Group Limited
  •  Mistras Group, Inc.
  •  SGS Group
  •  TUV SUD Group

Global Automotive Testing Inspection and Certification (TIC) Market: Applications and Types

Covid-19 Impact and Global Analysis – by Service Type (Testing, Inspection, Certification); Sourcing Type (House, Outsourced); Application (Vehicle Inspection Services, Telematics, Electrical Systems and Components, Others) and Geography

The structure of the Automotive Testing Inspection and Certification (TIC) Market report can be categorized into following sections:

Company Overview:

Company overview provides the information about location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.

Financial Performance:

Overall company/segment revenue for the year 2019, 2018, and 2017 is provided in the sub title “Financial Performance” (public listed companies) along with the analysis and explanation of the increase or decrease in the same due to factors such as mergers & acquisition, profit or loss in any strategic business unit (SBUs) and others.

Product Benchmarking:

Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.

Strategic Initiatives:

Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.

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FAQS in the report:

  • What is the growth opportunities of the Automotive Testing Inspection and Certification (TIC) market?
  • Which product segment is leading in the market?
  • Which regional market will dominate in coming years?

Which application segment will grow steadily?

  • What are the growth opportunities that may come in Automotive Testing Inspection and Certification (TIC) industry in the upcoming years?
  • What are the key challenges that the global Automotive Testing Inspection and Certification (TIC) market may face in future?
  • Which are the leading players in the global Automotive Testing Inspection and Certification (TIC) market?
  • Which are the key trends boosting the market growth?
  • Which are the growth strategies considered by the players to sustain hold in the global Automotive Testing Inspection and Certification (TIC) market?
  • What will be the post COVID-19 market scenario?

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