Global TIC Services for Automotive Sales Market Report 2022

TIC Services for Automotive consists of conformity assessment bodies that provide services ranging from auditing and inspection, to testing, verification, quality assurance and certification.

The International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC), international standard-setting bodies composed of representatives from various national standards organizations define the different testing, inspection and certification services in the international standard series ISO/IEC 17000:2004 Conformity assessment -- Vocabulary and general principles as:
• Testing: determination of one or more characteristics of an object of conformity assessment, according to a procedure.
• Inspection: examination of a product design, product, process or installation and determination of its conformity with specific requirements or, on the basis of professional judgement, with general requirements.
• Certification: third-party attestation related to products, processes, systems or persons.
Market Analysis and Insights: Global TIC Services for Automotive Market
Due to the COVID-19 pandemic, the global TIC Services for Automotive market size is estimated to be worth US$ 15530 million in 2021 and is forecast to a readjusted size of US$ 15530 million by 2028 with a CAGR of 6.6% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the TIC Services for Automotive global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
The major players in global TIC Services for Automotive market include DEKRA, TÜV SÜD Group, Applus Services, etc. The top 3 players occupy about 70% shares of the global market. Europe and Asia-Pacific are main markets, they occupy about 75% of the global market. Testing Service is the main type, with a share about 45%. Passenger Vehicle is the main application, which holds a share about 85%.
Global TIC Services for Automotive Scope and Market Size
The global TIC Services for Automotive market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global TIC Services for Automotive market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Testing Service
Inspection Service
Certification Service
Segment by Application
Passenger Vehicle
Commercial Vehicle
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
DEKRA
TÜV SÜD Group
Applus Services
Bureau Veritas
TÜV Rheinland Group
TÜV Nord Group
SGS Group
Intertek Group

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