Press release
Global Automotive TIC Market Size – Forecasts to 2026
The results analyzed by GME showed that the Global Automotive TIC market will grow with a CAGR value of 4.1 percent, to hit xx billion USD by 2026. The demand will rise rapidly with the rising automotive industry and the increasing adoption of automotive electronics.Browse 151 Market Data Tables and 111 Figures spread through 179 Pages and in-depth TOC on "Automotive TIC Market - Forecast to 2026" https://www.globalmarketestimates.com/market-report/global-automotive-tic-market-2584
By Service Type (Testing Services, Certification Services, Inspection Services, Others), By Application (Electrical Systems and Components, Telematics, Interior and Exterior Materials and Components, Homologation Testing, Electric Vehicles, Hybrid Electric Vehicles, and Battery Systems, Vehicle Inspection Services, Fuels, Fluids, and Lubricants, Others), By Sourcing-Type (Outsourced, In-House), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis
Key Market Insights
• The government's increasing emphasis on enforcing laws that help minimize road accidents and the impact on the environment of non-compliant vehicles will support market growth
• Increasing production of electric and diesel vehicles and increasing acceptance of hybrid electric vehicles are expected to drive growth during the projected timeframe.
• The vehicle inspection services application segment will be the largest shareholder in the market.
• In this market, the key players competing are Dekra Se, Applus+, Tüv Rheinland Ag Group, Bureau Veritas S.A., Eurofins, Tüv Süd, Mistras, Sgs Group, Tüv Nord Group, Intertek, Element Materials, Rina S.P.A., Nsf International, Lloyd's, and Ul LLC, among others.
Browse the Report @ https://www.globalmarketestimates.com/market-report/global-automotive-tic-market-2584
Servicing Type Outlook (Revenue, USD Billion, 2020-2026)
• Testing Services
• Certification Services
• Inspection Services
• Others
Sourcing Type Outlook (Revenue, USD Billion, 2020-2026)
• Outsourced
• In-House
Application Outlook (Revenue, USD Billion, 2020-2026)
• Electrical Systems and Components
• Telematics
• Interior and Exterior Materials and Components
• Homologation Testing
• Electric Vehicles, Hybrid Electric Vehicles, and Battery Systems
• Vehicle Inspection Services
• Fuels, Fluids, and Lubricants
• Others
Regional Outlook (Revenue, USD Billion, 2020-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
Contact: Tracy Simon
Email address: tracy.simon@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com/
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php
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Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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