Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Automotive Testing, Inspection And Certification (TIC) Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Are the Key Forecast Insights for the Automotive Testing, Inspection And Certification (TIC) Market Growth?
The market size of the Automotive Testing, Inspection And Certification (TIC) Global Market Report 2025 has seen significant growth recently. It is expected to expand from $21.56 billion in 2024 to $23.09 billion in 2025, with a compound annual growth rate (CAGR) of 7.1%.
What Is the Predicted Industry Size and CAGR of the Automotive Testing, Inspection And Certification (TIC) Market in 2029?
The Automotive Testing, Inspection and Certification (TIC) market is predicted to attain a size of $30.93 billion by 2029, with a compound annual growth rate (CAGR) of 7.6%.
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Which Factors Are Driving Growth in the Automotive Testing, Inspection And Certification (TIC) Market?
The key drivers in the automotive testing, inspection and certification (tic) market are:
• Growing reliance on software solutions for automotive testing, inspection, and certification (TIC)
• Increase in the risk to life due to vehicular accidents
• Rapid industrialization and infrastructure development
• Surging popularity of electric vehicles (EVs) and concerns over vehicular pollution
Which Segment Trends Are Covered in the Automotive Testing, Inspection And Certification (TIC) Market Forecast?
The automotive testing, inspection and certification (tic) market covered in this report is segmented –
1) By Service Type: Testing Services, Inspection Services, Certification Services, Other Service Types
2) By Sourcing Type: In-House, Outsourced
3) By Vehicle Type: Passenger Cars, Commercial Vehicles
4) By Application: Electrical Systems And Components, Telematics, Vehicle Inspection Services, Homologation Testing, Interior And Exterior Materials, Other Applications
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What Are the Current Market Trends in the Automotive Testing, Inspection And Certification (TIC) Industry?
The key trends in the automotive testing, inspection and certification (tic) market are:
• The market is increasingly relying on software solutions for testing, inspection, and certification needs.
• There is a rising trend of advanced driver-assistance systems (ADAS) within the automotive industry.
• The trend of digitalization is significantly influencing the global market.
• New automotive technologies, including electric and connected vehicles, are emerging as key trends.
Who are the Key Companies in the Automotive Testing, Inspection And Certification (TIC) Market?
Major players in the automotive testing, inspection and certification (tic) market are:
• Eurofins Scientific SE
• SGS SA
• Bureau Veritas SA
• Intertek Group PLC
• DEKRA
• UL Solutions
• Element Materials Technology
• Exova Group Limited
• ALS Limited
• Apave Group
• BSI Group(British Standards Institution)
• RINA
• MISTRAS Group
• Kiwa NV
• NSF International
• SAI Global
• The Smithers Group Inc.
• Method Park
• TÜV Rheinland
• DNV GL(Det Norske Veritas Germanisher Lloyd)
What are the Regional Trends Across the Automotive Testing, Inspection And Certification (TIC) Market?
Asia-Pacific was the largest region in the automotive testing, inspection and certification (TIC) market in 2024
