Global Automotive TIC Market Size, Trends, and Analysis- 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 ofelectric 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+, TüvRheinland Ag Group, Bureau Veritas S.A., Eurofins, TüvSüd, Mistras, Sgs Group, Tüv Nord Group, Intertek, Element Materials, Rina S.P.A., Nsf International, Lloyd's, and Ul LLC,among others.

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Servicing TypeOutlook (Revenue, USD Billion, 2020-2026)