Bharat Book Bureau Provides the Trending Market Research Report on “Global Automotive TIC Market Size study, by Automotive Application (Adas & Safety Controller, Cockpit Controller, Chassis &Body Controller), by Service Type (Testing Services, Inspecting Services, Certification Services), by Sourcing Type, by Service Application and by Regional Forecasts 2018-2025”under Heavy Industry category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
Global Automotive TIC Market to reach USD 31.2 billion by 2025.
Global Automotive TIC Market valued approximately USD 17.9 billion in 2017 is anticipated to grow with a healthy growth rate of more than 7.20% over the forecast period 2018-2025. The global testing, inspection and certification market is experiencing growth owing to the factors such as increased outsourcing of testing, inspection & certification services and diversified requirement of products and standard regulations. Regulations pertaining to quality, health and environment safety have become stringent in the recent past which is driving the demand for these services. Apart from this, end-user demand seeking third party assurance and improved risk awareness and focus on risk prevention are also the major factor which are expected to boost the demand for testing, inspection and certification services across the globe.
Request a free sample copy of Automotive TIC Market Report @
https://www.bharatbook.com/MarketReports/Sample/Reports/1212742
Furthermore, increasing trade between countries as a result of globalization has also impacted the growth of this market positively. Considering these positive factors, the demand for testing, inspection, and certification services is set to rise during the forecast period from 2018 - 2025. The growth of this market will be driven by increased automotive production worldwide, inclination toward outsourcing TIC services, vehicle recalls due to failure of components, and enforcement of strict government regulations and standards in the automotive sector worldwide.
The regional analysis of Global Automotive TIC Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific (APAC) accounted for the largest share of the automotive TIC, by geography in 2018. The automotive industry is subject to strict safety regulations in a few APAC countries such as Japan and South Korea; demands for passenger cars is also on the rise in these countries. Countries such as China are estimated to come up with vehicle and road safety regulations owing to growing population as well as vehicle demand. Reasons such as limited infrastructure and increasing number of accidents could boost the implementation of safety regulations. Increased production of motor vehicles in countries such as India, China, Japan, and South Korea is significantly contributing towards the growth of the automotive TIC market in the APAC region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Automotive Application:
- Adas & Safety Control
- Cockpit Controller
- Chassis & Body Controller
By Service Type:
- Testing Service
-Inspection Service
- Certification Service
By Sourcing Type:
- In-House
- Outsourced
By Service Application:
- Electrical System & Component
- Electric Vehicles, Hybrid Electric Vehicles, & Battery System
- Telematics
- Fuel, Fluids & Lubricants
- Interior and Exterior Material Component
- Vehicle Inspection Services
- Homologation Testing
By Regions:
- North America
U.S.
Canada
- Europe
UK
Germany
- Asia Pacific
China
India
Japan
- Latin America
Braz
Mexico
- Rest of the World
Furthermore, years considered for the study are as follows:
- Historical year – 2015, 2016
- Base year – 2017
- Forecast period – 2018 to 2025
Browse our full report with Table of Contents : https://www.bharatbook.com/MarketReports/Global-Automotive-TIC-Market-Size-study-by-Automotive-Application-Adas-Safety-Controller-Cockpit-Controller-Chassis-Bod/1212742
About Bharat Book Bureau:
Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 4,80,000 reports and insights that includes latest Market Study, Market Trends & Analysis, Forecasts Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors.
Contact us at:
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Email: poonam@bharatbook.com
Website: www.bharatbook.com
Follow us on : Twitter, Facebook, LinkedIn, Google Plus
Global Automotive TIC Market to reach USD 31.2 billion by 2025.
Global Automotive TIC Market valued approximately USD 17.9 billion in 2017 is anticipated to grow with a healthy growth rate of more than 7.20% over the forecast period 2018-2025. The global testing, inspection and certification market is experiencing growth owing to the factors such as increased outsourcing of testing, inspection & certification services and diversified requirement of products and standard regulations. Regulations pertaining to quality, health and environment safety have become stringent in the recent past which is driving the demand for these services. Apart from this, end-user demand seeking third party assurance and improved risk awareness and focus on risk prevention are also the major factor which are expected to boost the demand for testing, inspection and certification services across the globe.
Request a free sample copy of Automotive TIC Market Report @
https://www.bharatbook.com/MarketReports/Sample/Reports/1212742
Furthermore, increasing trade between countries as a result of globalization has also impacted the growth of this market positively. Considering these positive factors, the demand for testing, inspection, and certification services is set to rise during the forecast period from 2018 - 2025. The growth of this market will be driven by increased automotive production worldwide, inclination toward outsourcing TIC services, vehicle recalls due to failure of components, and enforcement of strict government regulations and standards in the automotive sector worldwide.
The regional analysis of Global Automotive TIC Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific (APAC) accounted for the largest share of the automotive TIC, by geography in 2018. The automotive industry is subject to strict safety regulations in a few APAC countries such as Japan and South Korea; demands for passenger cars is also on the rise in these countries. Countries such as China are estimated to come up with vehicle and road safety regulations owing to growing population as well as vehicle demand. Reasons such as limited infrastructure and increasing number of accidents could boost the implementation of safety regulations. Increased production of motor vehicles in countries such as India, China, Japan, and South Korea is significantly contributing towards the growth of the automotive TIC market in the APAC region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Automotive Application:
- Adas & Safety Control
- Cockpit Controller
- Chassis & Body Controller
By Service Type:
- Testing Service
-Inspection Service
- Certification Service
By Sourcing Type:
- In-House
- Outsourced
By Service Application:
- Electrical System & Component
- Electric Vehicles, Hybrid Electric Vehicles, & Battery System
- Telematics
- Fuel, Fluids & Lubricants
- Interior and Exterior Material Component
- Vehicle Inspection Services
- Homologation Testing
By Regions:
- North America
U.S.
Canada
- Europe
UK
Germany
- Asia Pacific
China
India
Japan
- Latin America
Braz
Mexico
- Rest of the World
Furthermore, years considered for the study are as follows:
- Historical year – 2015, 2016
- Base year – 2017
- Forecast period – 2018 to 2025
Browse our full report with Table of Contents : https://www.bharatbook.com/MarketReports/Global-Automotive-TIC-Market-Size-study-by-Automotive-Application-Adas-Safety-Controller-Cockpit-Controller-Chassis-Bod/1212742
About Bharat Book Bureau:
Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 4,80,000 reports and insights that includes latest Market Study, Market Trends & Analysis, Forecasts Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors.
Contact us at:
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Email: poonam@bharatbook.com
Website: www.bharatbook.com
Follow us on : Twitter, Facebook, LinkedIn, Google Plus
Comments
Post a Comment