Automotive Testing, Inspection, and Certification (TIC) Market Analysis Europe, North America, APAC, Middle East and Africa, South America - US, China, Japan, Germany, Italy - Size and Forecast 2024-2028

Published: Mar 2024 Pages: 177 SKU: IRTNTR44030

Automotive Testing, Inspection, and Certification (TIC) Market Forecast 2024-2028

The automotive testing, inspection, and certification (TIC) market size is forecast to increase by USD 6.48 billion at a CAGR of 6.4% between 2023 and 2028. The market's growth rate is influenced by various factors, including the expansion of the global automotive industry, a rising number of vehicle recalls, and advancements in automobile technology. These elements shape market dynamics, reflecting the evolving landscape of the automotive sector. With the automotive industry expanding worldwide and technological innovations driving progress, the market anticipates both opportunities and challenges, highlighting the importance of monitoring these factors for informed decision-making. Our report examines historic data from 2018-2022, besides analyzing the current and forecasted market scenario.

Furthermore, Europe was the largest geographical segment of the market due to developed automobile markets in countries such as Germany, the UK, France, Italy, and Spain. The automotive industry is one of the most significant contributors to the economy of Europe. Applus Services S.A company offers automotive testing, inspection, and certification services such as technical vehicle inspection services, including non destructive testing services and vehicle emission inspections. Also, Bureau Veritas SA company offers automotive testing, inspection, and certification services such as Product testing, Raw materials inspections, and Factory assessments.

Market Forecasting and Size

Market Forecast 2024-2028

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Market Dynamics

The market plays a crucial role in ensuring the safety and compliance of modern automotive technologies. As the automotive sector embraces innovations like electric vehicles (EVs), connected cars, and advanced driver assistance systems (ADAS), stringent safety standards and regulations must be met. However, challenges such as lack of harmonization in TIC standards persist. The market also encompasses services for emission and fuel efficiency standards compliance, including certification for hydrogen fuel cell vehicles (FCVs) and refueling infrastructure. Autonomous vehicles (AVs) further necessitate extensive testing and certification. With vehicle inspection services addressing potential safety hazards and fleet management needs, including remote inspections and EV charger assessments, the automotive TIC market ensures the reliability and performance of vehicles on the road. Our researchers studied the market research and growth data for years, with 2023 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market.

Key Market Driver- Growing automotive industry worldwide

The automotive sector consists of a number of companies that design, develop, manufacture, and sell various types of vehicles, such as passenger automobiles and light trucks. It has experienced significant growth globally, owing to a rise in automobile sales. Further, some of the major automobile-producing countries are China, the US, Japan, Germany, and India. Many OEMs are focusing on developing automotive technologies demanded by their customers. Besides, safety standards, fuel efficiency standards, and regulations compliance drive the demand for  TIC services.

Furthermore, testing is done on materials used for manufacturing vehicles, automotive lighting and components, and connected vehicle solutions. Vehicle inspection is done to ensure that the vehicles conform to safety and emission standards mandated by national or subnational governments and regulatory bodies. TIC services assist manufacturers in improving the marketability of their products and reducing costs in the pre-production phases. So, the rapid growth of automotive technologies is expected to drive market growth during the forecast period.

Significant Market Trends- Emergence of digital TIC

Many automotive TIC service providers are harnessing cutting-edge technologies such as robotics and analytics to transform their service offerings. Physical inspection of vehicles is widely being replaced by digital inspection, predictive maintenance, and integrated sensors. Furthermore, the implementation of virtual reality (VR) and augmented reality (AR) is helping open up significant opportunities in automotive TIC. AR is being used for TIC to improve service quality and efficiency.

Additionally, the use of AR technology helps in improving the testing of automated vehicles and can also reduce additional testing costs. AR combines the real world with the virtual world to create a faster, more efficient, and economical approach to testing automated vehicles. Advances such as digital TIC for vehicles provide growth opportunities and help OEMs improve their overall profit margins. Thus, such factors will propel market growth during the forecast period.

Major Market Challenge- High lead time involved in TIC processes

The automotive TIC process, crucial for ensuring vehicle safety and compliance with regulations, involves meticulous inspections by trained technicians and service managers. Certification bodies verify the authenticity of vehicle components before subjecting them to thorough examinations for safety, performance, and quality. Each country enforces its own automotive standards, necessitating manufacturers to adhere to specific regulations for vehicles sold in different markets.

Moreover, Homologation, a vital step, certifies vehicles as roadworthy according to government-mandated criteria. Failure in homologation tests leads to costly re-engineering efforts, impacting manufacturers' operating costs and causing delays in market entry. Compliance with new regulations, like the WLTP emissions standards, demands additional testing and equipment, further prolonging the automotive TIC process. These challenges are expected to impede the growth of the market in the forecast period.

Market Segmentation by Type, Vehicle Type, and Geography

Type Segment Analysis:

The inhouse segment will account for a major share of the market's growth during the forecast period.?In-house TIC refers to performing TIC activities within the company instead of relying on outsourcing. In the case of in-house automotive TIC, automotive manufacturers themselves perform the TIC services as part of quality control and assurance, along with public bodies and organizations such as customs, competition authorities, and industrial health and safety authorities. 

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The inhouse segment was valued at USD 9.08 billion in 2018. Furthermore, in-house poses a lesser risk as compared with outsourcing. Outsourcing involves the involvement of third parties to perform activities which are not under the direct control of the hiring company. Third parties may have loose security policies, and thus, the credentials of customer companies may not be well protected. Hence, as these third parties have access to the data and network of customer companies, their sensitive data and information can be at risk. Thus, such factors will contribute to the growth of the in-house segment of the automotive TIC market during the forecast period.

Vehicle Type Segment Analysis:

Based on vehicle type, the market has been segmented into passenger cars, and commercial vehicle. The passenger cars segment will account for the largest share of this segment.?Increasing SUV adoption due to their versatility and comfort, alongside the rising demand for electric vehicles (EVs) globally, are driving growth in the passenger cars segment of the market. SUVs offer multipurpose applications and spacious interiors, while EVs benefit from stringent emission regulations and government incentives. Sedans, hatchbacks, and SUVs constitute the passenger car categories, with SUVs like Toyota RAV4 and Ford Explorer leading the market. This trend is expected to propel the TIC market for passenger cars forward.

Regional Analysis

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Europe is estimated to contribute 36% to the growth by 2028. Technavio's analysts have provided extensive insight into the market forecasting, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. The increasing demand for lightweight and electric commercial vehicles in Europe is expected to drive the growth of the automotive industry. Additionally, the vehicles that are sold require periodic testing and inspection services to ensure their safety. This, in turn, fuels the demand for automotive TIC.

In addition, the market in Europe is driven by stringent government regulations and standards to maintain the quality of manufactured automotive products. Governments across various countries in Europe have introduced several regulations to enhance product safety and environmental health. Hence, such factors are expected to drive market growth in this region during the forecast period.  

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Apave Group: The company offers automotive testing, inspection, and certification services such as On board measurements on vehicles and customized tests, Mechanical tests, Hydraulic tests: burst tests on hoses and pipes, and Electromagnetic compatibility testing. 

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

British Standards Institution, DEKRA SE, DNV Group AS, Element Materials Technology Group Ltd., Eurofins Scientific SE, Intertek Group Plc, Mistras Group Inc., Nemko, SGS SA, TUV NORD AG, TUV Rheinland AG, TUV SUD AG, and UL Solutions Inc.

Technavio market forecast the an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The market analysis and report forecasts market growth analysis by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Type Outlook 
    • Inhouse
    • Outsourced
  • Vehicle Type Outlook 
    • Passenger cars
    • Commercial vehicle
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview:

The market plays a crucial role in ensuring vehicles meet regulatory standards and are safe for use. This market involves testing and certifying various components such as hydrogen tanks, fuel cells, and electric vehicle (EV) chargers. Automotive TIC providers offer expertise and resources to conduct extensive testing and inspection, identifying potential hazards and ensuring regulatory compliance. They provide high-quality and credible services to build client trust, despite facing price competition. With the EV charging infrastructure being the fastest-growing segment, ensuring necessary standards and safety is paramount for the sustainability of the market. The global automotive TIC market continues to evolve with advancements in automotive technologies and changing regulatory landscapes, driving the need for reliable TIC services across the automotive sector.

Market Scope

Report Coverage

Details

Page number

177

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.4%

Market Growth 2024-2028

USD 6.48 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

5.53

Regional analysis

Europe, North America, APAC, Middle East and Africa, and South America

Performing market contribution

Europe at 36%

Key countries

US, China, Japan, Germany, and Italy

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Apave Group, Applus Services S.A, British Standards Institution, Bureau Veritas SA, DEKRA SE, DNV Group AS, Element Materials Technology Group Ltd., Eurofins Scientific SE, Intertek Group Plc, Mistras Group Inc., Nemko, SGS SA, TUV NORD AG, TUV Rheinland AG, TUV SUD AG, and UL Solutions Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market growth and trends and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Market growth and forecasting across Europe, North America, APAC, Middle East and Africa, and South America
  • A thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market  companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Vehicle Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global automotive testing, inspection, and certification (TIC) market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global automotive testing, inspection, and certification (tic) market 2018 - 2022 ($ billion)
    • 4.2 Type Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.3 Vehicle Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Vehicle Type Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Inhouse - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Inhouse - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Inhouse - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Inhouse - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Inhouse - Year-over-year growth 2023-2028 (%)
    • 6.4 Outsourced - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Outsourced - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Outsourced - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Outsourced - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Outsourced - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Type
      • Exhibit 42: Market opportunity by Type ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Type ($ billion)

    7 Market Segmentation by Vehicle Type

    • 7.1 Market segments
      • Exhibit 44: Chart on Vehicle Type - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Vehicle Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Vehicle Type
      • Exhibit 46: Chart on Comparison by Vehicle Type
      • Exhibit 47: Data Table on Comparison by Vehicle Type
    • 7.3 Passenger cars - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Passenger cars - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 49: Data Table on Passenger cars - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 50: Chart on Passenger cars - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Passenger cars - Year-over-year growth 2023-2028 (%)
    • 7.4 Commercial vehicle - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Commercial vehicle - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Commercial vehicle - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Commercial vehicle - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Commercial vehicle - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Vehicle Type
      • Exhibit 56: Market opportunity by Vehicle Type ($ billion)
      • Exhibit 57: Data Table on Market opportunity by Vehicle Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 60: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 Europe - Market size and forecast 2023-2028
      • Exhibit 63: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 64: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 66: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 APAC - Market size and forecast 2023-2028
      • Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 Japan - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.12 Italy - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Italy - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Italy - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Italy - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Italy - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ billion)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 Apave Group
              • Exhibit 111: Apave Group - Overview
              • Exhibit 112: Apave Group - Product / Service
              • Exhibit 113: Apave Group - Key offerings
            • 12.4 Applus Services S.A
              • Exhibit 114: Applus Services S.A - Overview
              • Exhibit 115: Applus Services S.A - Business segments
              • Exhibit 116: Applus Services S.A - Key news
              • Exhibit 117: Applus Services S.A - Key offerings
              • Exhibit 118: Applus Services S.A - Segment focus
            • 12.5 British Standards Institution
              • Exhibit 119: British Standards Institution - Overview
              • Exhibit 120: British Standards Institution - Business segments
              • Exhibit 121: British Standards Institution - Key offerings
              • Exhibit 122: British Standards Institution - Segment focus
            • 12.6 Bureau Veritas SA
              • Exhibit 123: Bureau Veritas SA - Overview
              • Exhibit 124: Bureau Veritas SA - Business segments
              • Exhibit 125: Bureau Veritas SA - Key news
              • Exhibit 126: Bureau Veritas SA - Key offerings
              • Exhibit 127: Bureau Veritas SA - Segment focus
            • 12.7 DEKRA SE
              • Exhibit 128: DEKRA SE - Overview
              • Exhibit 129: DEKRA SE - Business segments
              • Exhibit 130: DEKRA SE - Key news
              • Exhibit 131: DEKRA SE - Key offerings
              • Exhibit 132: DEKRA SE - Segment focus
            • 12.8 DNV Group AS
              • Exhibit 133: DNV Group AS - Overview
              • Exhibit 134: DNV Group AS - Business segments
              • Exhibit 135: DNV Group AS - Key news
              • Exhibit 136: DNV Group AS - Key offerings
              • Exhibit 137: DNV Group AS - Segment focus
            • 12.9 Element Materials Technology Group Ltd.
              • Exhibit 138: Element Materials Technology Group Ltd. - Overview
              • Exhibit 139: Element Materials Technology Group Ltd. - Product / Service
              • Exhibit 140: Element Materials Technology Group Ltd. - Key offerings
            • 12.10 Eurofins Scientific SE
              • Exhibit 141: Eurofins Scientific SE - Overview
              • Exhibit 142: Eurofins Scientific SE - Business segments
              • Exhibit 143: Eurofins Scientific SE - Key news
              • Exhibit 144: Eurofins Scientific SE - Key offerings
              • Exhibit 145: Eurofins Scientific SE - Segment focus
            • 12.11 Intertek Group Plc
              • Exhibit 146: Intertek Group Plc - Overview
              • Exhibit 147: Intertek Group Plc - Business segments
              • Exhibit 148: Intertek Group Plc - Key news
              • Exhibit 149: Intertek Group Plc - Key offerings
              • Exhibit 150: Intertek Group Plc - Segment focus
            • 12.12 Mistras Group Inc.
              • Exhibit 151: Mistras Group Inc. - Overview
              • Exhibit 152: Mistras Group Inc. - Business segments
              • Exhibit 153: Mistras Group Inc. - Key offerings
              • Exhibit 154: Mistras Group Inc. - Segment focus
            • 12.13 SGS SA
              • Exhibit 155: SGS SA - Overview
              • Exhibit 156: SGS SA - Business segments
              • Exhibit 157: SGS SA - Key offerings
              • Exhibit 158: SGS SA - Segment focus
            • 12.14 TUV NORD AG
              • Exhibit 159: TUV NORD AG - Overview
              • Exhibit 160: TUV NORD AG - Business segments
              • Exhibit 161: TUV NORD AG - Key offerings
              • Exhibit 162: TUV NORD AG - Segment focus
            • 12.15 TUV Rheinland AG
              • Exhibit 163: TUV Rheinland AG - Overview
              • Exhibit 164: TUV Rheinland AG - Business segments
              • Exhibit 165: TUV Rheinland AG - Key offerings
              • Exhibit 166: TUV Rheinland AG - Segment focus
            • 12.16 TUV SUD AG
              • Exhibit 167: TUV SUD AG - Overview
              • Exhibit 168: TUV SUD AG - Product / Service
              • Exhibit 169: TUV SUD AG - Key offerings
            • 12.17 UL Solutions Inc.
              • Exhibit 170: UL Solutions Inc. - Overview
              • Exhibit 171: UL Solutions Inc. - Product / Service
              • Exhibit 172: UL Solutions Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 173: Inclusions checklist
                • Exhibit 174: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 175: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 176: Research methodology
                • Exhibit 177: Validation techniques employed for market sizing
                • Exhibit 178: Information sources
              • 13.5 List of abbreviations
                • Exhibit 179: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              automotive testing, inspection, and certification (tic) market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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