Increasing Growth of TIC Services in the Automotive Industry - PowerPoint PPT Presentation

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Increasing Growth of TIC Services in the Automotive Industry

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The growth of the automotive TIC market can be attributed to the increasing automobile production in emerging economies, growing inclination toward outsourcing TIC services, rising focus of governments to impose strict regulatory standards on the automotive industry, surging adoption of automotive electronics to maintain passenger and vehicle safety, augmenting awareness among consumers regarding product quality and safety, and increasing instances of vehicle recalls due to component failures. The market penetration of the automotive TIC market is also analyzed for both pre-and post-COVID-19 scenarios. – PowerPoint PPT presentation

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Title: Increasing Growth of TIC Services in the Automotive Industry


1
  • Automotive TIC Market by Technology, Size,
    Demands, and Key Players, 2025

2
  • Scope of The Report
  • Research report categorizes the Automotive TIC
    Market
  • based on Services, Application, Geography and
    Region.
  • By Services
  • Testing
  • Inspection
  • Certification
  • By Application
  • Vehicle Inspection
  • Electrical Components

And More
3
Key Segments
The global automotive TIC market is expected to
grow from USD 16.5 billion in 2020 to USD 20.4
billion by 2025 it is expected to grow at a CAGR
of 4.3.
1
The growth of this market can be attributed to
the increasing automobile production in emerging
economies, growing inclination toward outsourcing
TIC services, rising focus of governments to
impose strict regulatory standards on the
automotive industry, surging adoption of
automotive electronics.
2
Browse 182 market data Tables and 35 Figures
spread through 220 Pages and in-depth TOC on
"Automotive TIC Market - Global Forecast to 2025"
3
Vehicle inspection services to account for
largest size of automotive inspection market, by
application, during forecast period In-house
automotive TIC service market for electric
vehicles, hybrid electric vehicles, and battery
systems is expected to grow at highest CAGR
during forecast period US held the largest share
of North American automotive TIC market
4
5
4
  • Automotive TIC Market Growth Rate

2025
2020
CAGR of 4.3 
Market Size of 16.5 billion
Market Size of 20.4 billion
5
  • Key Vendors

Vendors
  • DEKRA SE (DEKRA) (Germany)
  • TÜV SÜD Group (TÜV SÜD) (Germany)
  • Applus Services S.A. (Applus) (Spain)
  • SGS Group (SGS) (Switzerland)
  • TÜV Nord Group (TÜV Nord) (Germany)

View Report Here - https//www.marketsandmarkets.c
om/Market-Reports/automotive-tic-market-175873215.
html
6
  • Top Region..
  • North America
  • Europe
  • APAC
  • RoW

View Report Here - https//www.marketsandmarkets.c
om/Market-Reports/automotive-tic-market-175873215.
html
7
  • Frequently Asked Questions (FAQ) in Our Report
  • Where service type drive the automotive TIC
    market during the forecast period?
  • Which application is hold the largest market
    share of automotive TIC market during the
    forecast period?
  • Which are the major strategies adopted by leading
    companies in the automotive TIC market?
  • What are the key trends prevalent in the
    automotive TIC market?
  • How will COVID-19 impact on the automotive TIC
    market?

8
  • MarketsandMarkets Value Proposition

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  • In-depth analysis of patents profiles of key
    market players providing a competitive landscape
  • Market data for segments such as technologies,
    services applications across geographies
  • High level analysis of major market segments and
    identification of opportunities

9
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    structures, Drivers and Competitive Landscape

10
  • MarketsandMarkets Our Expertise

Our Expertise
  • Compelling Business cases Market size Estimations
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  • Market Dynamics, Positioning and Segmentations
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  • Roadmap Analysis

11
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12
(No Transcript)
13
  • Stay in touch

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