Global Automotive Testing, Inspection, and Certification Market Size, Status and Forecast 2020-2026

Growth Prospects and Emerging Trends

Global Automotive Testing, Inspection, and Certification Market Size, Status and Forecast 2020-2026

Press Release

In this report, the Global Automotive Testing, Inspection, and Certification market is valued at USD XX million in 2019 and is expected to reach USD XX million by the end of 2026, growing at a CAGR of XX% between 2019 and 2026. Global Automotive Testing, Inspection, and Certification market has been broken down by major regions, with complete market estimates on the basis of products/applications on a regional basis.

Browse full research report at https://www.crystalmarketreport.com/global-automotive-testing-inspection-and-certification-market-size-status-and-forecast-2020-2026

Crystal Market Reports

The Automotive Testing, Inspection and Certification (TIC) sector consists of conformity assessment bodies that provide services ranging from auditing and inspection, to testing, verification, quality assurance and certification.

As testing is mandatory for all type of vehicles in many countries, the automotive testing services segment held nearly 51% of the overall market, followed by the inspection services, which accounted for 32% of total market revenue in 2017. As the cost of testing services is much higher than that of inspection services, the revenue generated by the testing service segment is greater than that of any other segment. Inspection services are mandatory to perform at a specific time period and the certification is mandatory for each vehicle. The certification services segment held 17% of market revenue in 2017 and remaining 6.7% was accounted by the other services.

Market Analysis and Insights: Global Automotive Testing, Inspection, and Certification Market

In 2019, the global Automotive Testing, Inspection, and Certification market size was US$ 14950 million and it is expected to reach US$ 23820 million by the end of 2026, with a CAGR of 6.8% during 2021-2026.

Global Automotive Testing, Inspection, and Certification Scope and Market Size

Automotive Testing, Inspection, and Certification market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Testing, Inspection, and Certification market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.

Segment by Type, the Automotive Testing, Inspection, and Certification market is segmented into Testing, Inspection, Certification, etc.

Segment by Application, the Automotive Testing, Inspection, and Certification market is segmented into Passenger Vehicle, Commercial Vehicle, etc.

Regional and Country-level Analysis

The Automotive Testing, Inspection, and Certification market is analysed and market size information is provided by regions (countries).

The key regions covered in the Automotive Testing, Inspection, and Certification market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.

The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape and Automotive Testing, Inspection, and Certification Market Share Analysis

Automotive Testing, Inspection, and Certification market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Automotive Testing, Inspection, and Certification business, the date to enter into the Automotive Testing, Inspection, and Certification market, Automotive Testing, Inspection, and Certification product introduction, recent developments, etc.

The major vendors include DEKRA, TÜV SÜD Group, Bureau Veritas, Applus Services, SGS Group, Intertek Group, TÜV Rheinland Group, TÜV Nord Group, etc.

This report focuses on the global Automotive Testing, Inspection, and Certification status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Automotive Testing, Inspection, and Certification development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

DEKRA

TÜV SÜD Group

Bureau Veritas

Applus Services

SGS Group

Intertek Group

TÜV Rheinland Group

TÜV Nord Group

Market segment by Type, the product can be split into

Testing

Inspection

Certification

Market segment by Application, split into

Passenger Vehicle

Commercial Vehicle

Market segment by Regions/Countries, this report covers

North America

Europe

China

Japan

Southeast Asia

India

Central & South America

The study objectives of this report are:

To analyze global Automotive Testing, Inspection, and Certification status, future forecast, growth opportunity, key market and key players.

To present the Automotive Testing, Inspection, and Certification development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

To strategically profile the key players and comprehensively analyze their development plan and strategies.

To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Automotive Testing, Inspection, and Certification are as follows:

History Year: 2015-2019

Base Year: 2019

Estimated Year: 2020

Forecast Year 2020 to 2026

For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Browse full research report at https://www.crystalmarketreport.com/global-automotive-testing-inspection-and-certification-market-size-status-and-forecast-2020-2026

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