Trending Report on Automotive TIC Market Expected to Grow at 22.1 Billion In Revenue by 2024

Latest research report on “Automotive TIC Market Research Report” now available at high quality database of with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.

The Automotive TIC Market is expected to grow from US$ 16.9 Billion in 2019 to US$ 22.1 Billion by 2024, at a CAGR of 5.5%. This report spread across 180 Pages, Profiling  10 Companies and Supported with 99 Tables and 35 figures are now available in this research.

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Key Players- DEKRA SE (DEKRA) (Germany), TÜV SÜD Group (TÜV SÜD) (Germany), Applus Services S.A. (Applus+) (Spain), SGS Group (SGS) (Switzerland), TÜV Nord Group (TÜV Nord) (Germany), TÜV Rheinland Group (TÜV Rheinland) (Germany), Bureau Veritas S.A. (Bureau Veritas) (France), Intertek Group PLC (Intertek) (UK), Eurofins Scientific (Eurofins) (Luxembourg), Element Materials Technology (Element) (UK), Lloyd’s Register Group Limited (Lloyd’s) (UK), MISTRAS Group, Inc. (MISTRAS) (US).


In the TIC ecosystem, certification services validate the test and inspection results against a range of pre-specified standards set by governments, international standardization institutions, or clients. In the current scenario, certification services are widely used by manufacturers to demonstrate if their products adhere to the government/regulatory mandates, as well as to improve the marketability of their offerings.


In automotive applications, in-house testing of electronic control units (ECUs) and other core components is done by automakers at their manufacturing facilities. They are collaborating with public bodies and organizations including customs, competition authorities, and industrial health and safety authorities for conducting activities related to quality control and assurance.


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Table of Contents in this report:

1 Introduction

1.1 Study Objectives

1.2 Market Definition and Scope

1.3 Inclusions and Exclusions

1.4 Study Scope

1.4.1 Markets Covered

1.4.2 Geographic Scope

1.4.3 Years Considered

1.5 Currency

1.6 Stakeholders


2 Research Methodology

2.1 Research Data

2.1.1 Secondary Data Secondary Sources

2.1.2 Primary Data Primary Sources Key Industry Insights Breakdown of Primaries

2.2 Market Size Estimation

2.2.1 Bottom-Up Approach

2.2.2 Top-Down Approach

2.3 Market Breakdown and Data Triangulation

2.4 Research Assumptions

2.5 Study Limitations


3 Executive Summary


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