Automotive Testing, Inspection, and Certification Market Size 2020 Top Countries Forecast Segmented by Analysis, CAGR, Regions, Manufactures, types and Applications by 360 Research report
Global "Automotive Testing, Inspection, and Certification market” 2020 report provides Robust Research methodology by in-depth unique Insights with top key players/manufacturers, suppliers, distributors, traders, customers, investors and major types as well as applications and forecast period to 2024. The Automotive Testing, Inspection, and Certification market report offers CEO’s/Stakeholder’s by potential market opportunities with growth dynamics for evaluating the Overall Market, value chain analysis, and supporting strategies for tactical decision-making.
Top Key players/manufacturers in global Automotive Testing, Inspection, and Certification market:
- DEKRA
- TÜV SÜD Group
- Bureau Veritas
- Applus Services
- SGS Group
- Intertek Group
- TÜV Rheinland Group
- TÜV Nord Group
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Summary:
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., In 2017, Europe dominated the automotive testing, inspection, and certification market with 43.7% share, thanks to the presence of some of the world’s leading automotive manufacturers and a steadily expanding domestic automotive industry. North America also accounts for a significant share in the global market owing to the well-established automotive sector. In regions like Europe and North America, stringent rules for periodic vehicle inspection and testing are laid down so as to ensure the safety of human life. These regulations are also key drivers for the automotive testing, inspection, and certification market in these regions.
According to this study, over the next five years the Automotive Testing, Inspection, and Certification market will register a 7.1% CAGR in terms of revenue, the global market size will reach USD 17920 million by 2024, from USD 12740 million in 2019. In particular, this report presents the global revenue market share of key companies in Automotive Testing, Inspection, and Certification business, shared in Chapter 3.
Automotive Testing, Inspection, and Certification market Production Breakdown Data by Top Regions:
- United States
- Europe
- China
- Japan
- Other Regions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global Automotive Testing, Inspection, and Certification market trends. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
The study objectives are:
- To analyze and research the global Automotive Testing, Inspection, and Certification capacity, production, value, consumption, status and forecast.
- To focus on the key Automotive Testing, Inspection, and Certification manufacturers and study the capacity, production, value, market share and development plans in next few years.
- To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the Automotive Testing, Inspection, and Certification Market Forecast.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their Automotive Testing, Inspection, and Certification market growth strategies.
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By the product type, the Automotive Testing, Inspection, and Certification market is primarily split into:
- Testing
- Inspection
By the end users/application, Automotive Testing, Inspection, and Certification market report covers the following segments:
- Passenger Vehicle
- Commercial Vehicle
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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Table of Contents:
Global Automotive Testing, Inspection, and Certification Market Insights, Forecast to 2024
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Automotive Testing, Inspection, and Certification Consumption 2014-2024
2.1.2 Automotive Testing, Inspection, and Certification Consumption CAGR by Region
2.2 Automotive Testing, Inspection, and Certification Segment by Type
2.3 Automotive Testing, Inspection, and Certification Consumption by Type
2.3.1 Global Automotive Testing, Inspection, and Certification Consumption Market Share by Type (2014-2019)
2.3.2 Global Automotive Testing, Inspection, and Certification Revenue and Market Share by Type (2014-2019)
2.3.3 Global Automotive Testing, Inspection, and Certification Sale Price by Type (2014-2019)
3 Global Automotive Testing, Inspection, and Certification by Manufacturers
3.1 Global Automotive Testing, Inspection, and Certification Sales Market Share by Manufacturers
3.1.1 Global Automotive Testing, Inspection, and Certification Sales by Manufacturers (2017-2019)
3.1.2 Global Automotive Testing, Inspection, and Certification Sales Market Share by Manufacturers (2017-2019)
3.2 Global Automotive Testing, Inspection, and Certification Revenue Market Share by Manufacturers
3.2.1 Global Automotive Testing, Inspection, and Certification Revenue by Manufacturers (2017-2019)
3.2.2 Global Automotive Testing, Inspection, and Certification Revenue Market Share by Manufacturers (2017-2019)
4 Automotive Testing, Inspection, and Certification by Regions
4.1 Automotive Testing, Inspection, and Certification by Regions
4.1.1 Global Automotive Testing, Inspection, and Certification Consumption by Regions
4.1.2 Global Automotive Testing, Inspection, and Certification Value by Regions
4.2 Americas Automotive Testing, Inspection, and Certification Consumption Growth
4.3 APAC Automotive Testing, Inspection, and Certification Consumption Growth
4.4 Europe Automotive Testing, Inspection, and Certification Consumption Growth
4.5 Middle East & Africa Automotive Testing, Inspection, and Certification Consumption Growth
5 Americas
5.1 Americas Automotive Testing, Inspection, and Certification Consumption by Countries
5.1.1 Americas Automotive Testing, Inspection, and Certification Consumption by Countries (2014-2019)
5.1.2 Americas Automotive Testing, Inspection, and Certification Value by Countries (2014-2019)
5.2 Americas Automotive Testing, Inspection, and Certification Consumption by Type
5.3 Americas Automotive Testing, Inspection, and Certification Consumption by Application
6 APAC
6.1 APAC Automotive Testing, Inspection, and Certification Consumption by Countries
6.1.1 APAC Automotive Testing, Inspection, and Certification Consumption by Countries (2014-2019)
6.1.2 APAC Automotive Testing, Inspection, and Certification Value by Countries (2014-2019)
6.2 APAC Automotive Testing, Inspection, and Certification Consumption by Type
6.3 APAC Automotive Testing, Inspection, and Certification Consumption by Application
7 Europe
7.1 Europe Automotive Testing, Inspection, and Certification by Countries
7.1.1 Europe Automotive Testing, Inspection, and Certification Consumption by Countries (2014-2019)
7.1.2 Europe Automotive Testing, Inspection, and Certification Value by Countries (2014-2019)
7.2 Europe Automotive Testing, Inspection, and Certification Consumption by Type
7.3 Europe Automotive Testing, Inspection, and Certification Consumption by Application
8 Middle East & Africa
8.1 Middle East & Africa Automotive Testing, Inspection, and Certification by Countries
8.1.1 Middle East & Africa Automotive Testing, Inspection, and Certification Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Automotive Testing, Inspection, and Certification Value by Countries (2014-2019)
8.2 Middle East & Africa Automotive Testing, Inspection, and Certification Consumption by Type
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Automotive Testing, Inspection, and Certification Distributors
10.3 Automotive Testing, Inspection, and Certification Customer
11 Global Automotive Testing, Inspection, and Certification Market Forecast
11.1 Global Automotive Testing, Inspection, and Certification Consumption Forecast (2019-2024)
11.2 Global Automotive Testing, Inspection, and Certification Forecast by Regions
11.2.1 Global Automotive Testing, Inspection, and Certification Forecast by Regions (2019-2024)
11.2.2 Global Automotive Testing, Inspection, and Certification Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
Continued...
In the end, Automotive Testing, Inspection, and Certification market Size undertakes the new project, key development areas, business overview, product specification, SWOT analysis, investment feasibility analysis, return analysis, and development trends. The study also presents a round-up of exposures which companies operating in the market and must be avoided in order to enjoy bearable growth through the course of the forecast period.
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