Press release
Global Automotive Testing, Inspection, and Certification Market Set to Showcase Growth at a CAGR of 11.11% Through 2025
MRRSE
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According to research findings, the global automotive testing, inspection, and certification market is projected to expand at an impressive CAGR of 11.11% during the period 2017-2025. The initial section of the report discusses the market definition and market taxonomy; this portion is enclosed to offer a clear understanding to the readers about the actual motive of the analysis. Further, the market viewpoint segment investigates the macroeconomic factors, such as drivers and restraints, which tend to provide a better understanding about the impactful aspects in the global automotive testing, inspection and certification market.
The geographical analysis mentioned in the report targets the prime areas, namely, North America, Asia Pacific, Europe, Middle East & Africa and Latin America. Based on research visions, Europe is marked as the dominated region in the global automotive testing, inspection, and certification market; the European region acquired 36.96% share in the year 2017. Moreover, in the coming years, there would be a significant boost in terms of market size and revenue share across emerging markets like Asia Pacific and Latin America. The following section of the report discusses the market segmentation based on service type, sourcing type and place. On the basis of service type, the market has been classified into testing, certification, inspection, and other. Moreover, the bifurcation based on sourcing type offers two types, which are onsite and offsite. Each of these segments are studied on the basis of market size and revenue (US$ Mn), together with a stern focus on market attractiveness analysis.
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The concluding section of the report offers information about the global automotive testing, inspection and certification market’s competitive scenario, which drops light on the key players functioning in the international market. Some of these prominent players examined in the report are Intertek Group, Applus+, TUV Nord Group, DNV GL, TUV SUD, TUV Rheinland, Mistras Group, Inc. and ALS Limited.
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