Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Automotive Homologation Service Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Key Forecast Insights for the Automotive Homologation Service Market Growth?
The size of the automotive homologation service market has seen mild growth in the past few years, expanding from $1.22 billion in 2024 to $1.24 billion in 2025. This represents a compound annual growth rate (CAGR) of 1.0%.
What Is the Predicted Industry Size and CAGR of the Automotive Homologation Service Market in 2029?
The Automotive Homologation Service Global Market Report 2025 predicts that by 2029, the market will reach a size of $1.31 billion, growing at a compound annual growth rate (CAGR) of 1.4%.
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Which Factors Are Driving Growth in the Automotive Homologation Service Market?
The key drivers in the automotive homologation service market are:
• Increasing demand for electric vehicles
• Growth in autonomous vehicles
• Increase in transportation needs for humans and goods
• Surge in foreign trade and research and development activities
Which Segment Trends Are Covered in the Automotive Homologation Service Market Forecast?
The automotive homologation service market covered in this report is segmented –
1) By Service: Full Vehicle Homologation, Components And Systems Homologation
2) By Vehicle: Motorcycle, Passenger Vehicles, Commercial Vehicles, Trailers, Agricultural Equipment
3) By Applications: Domestic Homologation, Export Oriented Homologation
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What Are the Current Market Trends in the Automotive Homologation Service Industry?
The key trends in the automotive homologation service market are:
• Technological advancements are an emerging trend in the automotive homologation service market.
• The market is also being shaped by advancements in connected car technology.
• The integration of advanced driver assistance systems (ADAS) is another significant trend.
• The trend towards sustainability and eco-friendly practices, as well as the adoption of real-time monitoring technologies, are also impacting the market.
Who are the Key Companies in the Automotive Homologation Service Market?
Major players in the automotive homologation service market are:
• Ford Motor Company
• Robert Bosch GmbH
• Eurofins Scientific SE
• SGS SA
• Bureau Veritas
• DEKRA SA
• Intertek Group Plc
• TÜV SÜD AG
• Element Materials Technology Group Ltd.
• TÜV Nord AG
• FEV Group
• Ricardo Plc
• Applus+ IDIADA
• National Technical Systems
• China Automotive Technology & Research Center
• Horiba MIRA Ltd.
• TÜV Rheinland AG
• Millbrook Motors
• UTAC Ceram
• PMG Technologies
• Automotive Test Systems
• AVL SET GmbH
• Japan Automobile Research Institute Inc.
• Digitrans GmbH
• ATEEL
What are the Regional Trends Across the Automotive Homologation Service Market?
North America was the largest region in the automotive homologation service market in 2024
