Automotive Testing, Inspection, and Certification Market Size, Share, Growth, Trends, Production, Consumption, Revenue and Forecast 2020 to 2027

Published Date : Apr 2020 | No. of Pages : 200 Pages | Category : Automation and Transport

The global automotive testing, inspection, and certification market was valued at US$ 14.92 Bn in 2019 and is estimated to reach US$ 28.8 Bn in 2027, expanding at a CAGR of 8.1% from 2020 to 2027.

Rising automation of vehicles and integration of advanced features in modern-age vehicles are propelling the automotive testing inspection, and certification industry. Variations in technologies of vehicles and rising number of accidents due to manufacturing faults are anticipated to drive the market

Competition Landscape

  • A large number players operating in the global automotive testing, inspection, and certification market have been focusing on mergers and acquisitions in order to expand their operations in various regions. Consequently, several service providers are operating in the global automotive testing, inspection, and servicing market. Key service providers operating in the market of automotive testing, inspection, and servicing market include 
    • SGS SA
    • Bureau Veritas
    • DEKRA
    • Intertek Group
    • TUV SUD
    • DNV GL
    • TUV Rheinland
    • Applus+
    • ALS Limited
    • TUV NORD GROUP
    • MISTRAS Group, Inc.

Segmentation

  • Automotive Testing, Inspection, and Certification Market, by Service Type
    • Testing
    • Inspection
    • Certification
    • Others
  • Automotive Testing, Inspection, and Certification Market, by Location
    • On-site
    • Off-site
  • Automotive Testing, Inspection, and Certification Market, by Sourcing Type
    • OSP
    • Workshop
    • Others
  • Automotive Testing, Inspection, and Certification Market, by Region
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Rest of Asia Pacific
    • Middle East & Africa
      • GCC Countries
      • South Africa
      • Rest of Middle East & Africa 
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America

Scope of the Report

The study provides a decisive view of the global automotive testing, inspection, and certification market by segmenting it by service type, by sourcing type, by place, and geography. These segments have been analyzed based on present and future trends. Regional segmentation includes the current and forecast demand for automotive testing, inspection, and certification in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers demand for individual segments in all the regions.

The report provides the estimated market size of automotive testing, inspection, and certification for 2016 and forecast for the next nine years. The global market size of automotive testing, inspection, and certification has been provided in terms of revenue. Market numbers have been estimated based on key service type, sourcing type, place, and region. Market size and forecast for each major service type, sourcing type and place have been provided in terms of global and regional/country markets.

In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.

Research Methodology

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market, National government documents, statistical databases, and market reports, North American Department of Transport, Europe Department of Transport, Automotive Research Association of India (ARAI), Organisation Internationale des Constructeurs d'Automobile (OICA), Factiva, etc.

Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, and outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.


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