The growth of the automotive TIC market can be attributed to the increasing automobile production in emerging economies, growing inclination toward outsourcing TIC services, rising focus of governments to impose strict regulatory standards on the automotive industry, surging adoption of automotive electronics to maintain passenger and vehicle safety, augmenting awareness among consumers regarding product quality and safety, and increasing instances of vehicle recalls due to component failures. The market penetration of the automotive TIC market is also analyzed for both pre-and post-COVID-19 scenarios.
The Global Automotive TIC Services Market is expected to grow at a CAGR of 4.8% over the forecast period 2021-2027. The report study provides an overview of current statistics and future predictions of this Market.
The research study on Global TIC Services for Automotive Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 by DecisionDatabases.com analyses the complete value chain of the Industry. https://www.decisiondatabases.com/ip/39109-tic-services-for-automotive-market-analysis-report
According to the new market research report "Automotive TIC Market by Service Type (Testing, Inspection, Certification), Sourcing Type, Application (Vehicle Inspection, Electrical Systems, & Components), and Geography; Periodic Technical Inspection Market, by Region - Global Forecast to 2024", is expected to grow from USD 16.9 billion in 2019 to USD 22.1 billion by 2024, at a CAGR of 5.5%.
The growth of the automotive TIC market can be attributed to the increasing automobile production in emerging economies, growing inclination toward outsourcing TIC services, rising focus of governments to impose strict regulatory standards on the automotive industry, surging adoption of automotive electronics to maintain passenger and vehicle safety, augmenting awareness among consumers regarding product quality and safety, and increasing instances of vehicle recalls due to component failures. https://www.marketsandmarkets.com/Market-Reports/automotive-tic-market-175873215.html
The testing, inspection, and certification (TIC) services market size is expected to cross USD 300 billion by 2030. The growing rate of urbanization in both developed and developing economies has led to an increase in infrastructural requirements, leading to a rise in the demand for TIC solutions.
Post COVID-19, The global automotive TIC market is expected to grow from USD 16.5 billion in 2020 to USD 20.4 billion by 2025; it is expected to grow at a CAGR of 4.3%.
The global automotive TIC market is expected to grow from USD 16.5 billion in 2020 to USD 20.4 billion by 2025; it is expected to grow at a CAGR of 4.3%.
Homologation is a term utilized for approval process of vehicle or vehicle components for meeting the certain standards of regulatory bodies. Automotive Homologation Services is a part of automotive TIC (Testing, Inspection & Certification) which is essential for the specified vehicle or component to enter into novel market.
Testing, Inspection and Certification (TIC) is a process performed to ensure that the manufactured products, component, component systems are adequate for the intended purpose
Europe TIC Market by Sourcing type (In-house and Outsourced services), Service type (Testing, Inspection and Certification), Application (Consumer Goods and Retail, Automotive, Aerospace) and Country - Forecast to 2025
The testing, inspection, and certification (TIC) services market size is expected to cross USD 300 billion by 2030. The growing rate of urbanization in both developed and developing economies has led to an increase in infrastructural requirements, leading to a rise in the demand for TIC solutions.
Global Testing, Inspection and Certification Market is estimated to reach $351 billion by 2024; growing at a CAGR of 5.5% from 2016 to 2024. Testing, inspection, and certification (TIC) services are majorly used in food & beverages sector to test the quality of food products to improve productivity and preserve consumers’ health. Various industries such as oil and gas, food and beverages, aerospace, textile and automotive are anticipated to pose a huge demand for TIC services in the near future.
Acknowledging the kind of traction gained by this market, Market Research Future (MRFR) has recently published a study report. In its report, MRFR foretells that the global Thermal Insulation Coating market is expected to grow exponentially by 2023, registering a phenomenal CAGR during the forecast period (2017 – 2023). In addition to automobiles, TICs also witness huge uptake in the aviation (aircraft manufacturing) industry. As the demand for aircraft carriers arises, so the demand for TIC increases. Burgeoning aircraft and automotive industry drive the market growth of TIC. Free Sample Request @ https://www.marketresearchfuture.com/sample_request/4821
Global Testing Inspection and Certification Market Analysis & Forecast to 2023 provide detailed analysis of the market structure, along with forecast of the various segments and sub-segments of the (TIC) market.
The research study covers the latest trends, market influencing factors, key success factors, forecasting factors, macroeconomics factors, key information, and past market scenario. The report examines the automotive bioplastic market and delivers critical insights for the forecast period of 2019-2029
Testing Inspection and Certification (TIC) market players are focusing towards expanding their geographical presence in emerging markets. They are expanding their portfolio and geographical reach through acquisitions and expansion strategies. Emerging markets have been witnessing an increasing demand for TIC services.
Embark on the electrifying journey of the Lithium-Ion Battery Anode market with our in-depth research. Uncover unprecedented growth, understand dynamic demand, and explore the vast scope, providing essential insights for strategic decisions in the evolving landscape of energy storage.
Load Monitoring System Market by Offering (Load Cell, Indicator & Controller, Data Logging Software), Technology (Analog, Digital), Industry (Automotive, Healthcare, Marine, Construction), and Geography - Global Forecast to 2024
Global Testing, Inspection, Certification Market Size 2017 by Type (Testing, Inspection, Certification), by Source (In-house, Outsourced) by Application (Consumer Goods, Food & Agriculture, Oil & Gas, Construction, Chemicals, Mining, Machinery, Transportation, Automotive, Power Generation, Government Services, Marine, Healthcare, Others (Finance, Process, etc.), by Region and Forecast 2018 to 2025
Load Monitoring System Market by Offering (Load Cell, Indicator & Controller, Data Logging Software), Technology (Analog, Digital), Industry (Automotive, Healthcare, Marine, Construction), and Geography
The report facilitate the readers with the identification and in-depth analysis of the existing trends prevalent in the industry and anticipated growth in the future depending upon changing industry dynamics in coming years... For more information on the research report, refer to below link: https://www.kenresearch.com/automotive-transportation-and-warehousing/logistics-and-shipping/turkey-cold-chain-market/142326-100.html
According to the latest research report by IMARC Group, The global epitaxial wafer market size reached US$ 3.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.1 Billion by 2028, exhibiting a growth rate (CAGR) of 11.2% during 2023-2028. More Info:- https://www.imarcgroup.com/epitaxial-wafer-market
The global Electric Vehicle (EV) Testing, Inspection, and Certification (TIC) market size is expected to reach USD 1,938.4 Million in 2028 and register a revenue CAGR of 14.2% over the forecast period, according to the latest report by Emergen.
Advent of new technologies, increasing health safety measure, stringent environment norms have changed the entire industry outlook entirely with respect to the compliance of norms and regulations which ensure the safety of the individual, machines, buildings, etc. TIC plays a significant role to ensure products, infrastructure, services are met with the suggested standards and regulations in terms of safety and quality.
The global Electric Vehicle (EV) Testing, Inspection, and Certification (TIC) market size is expected to reach USD 1,938.4 Million in 2028 and register a revenue CAGR of 14.2% over the forecast period, according to the latest report by Emergen.
Testing, Inspection and Certification Market with COVID-19 Impact Analysis by Service Type (Testing, Inspection, Certification), Sourcing Type (In-House, Outsourcing), Application and Geography
The research firm Contrive Datum Insights has just recently added to its database a report with the heading global Gum Arabic Market .Both primary and secondary research methodologies have been utilised in order to conduct an analysis of the worldwide Gum Arabic Market . In order to provide a comprehensive comprehension of the topic at hand, it has been summed up using appropriate and accurate market insights. According to Contrive Datum Insights, this worldwide comprehensive report is broken up into several categories in order to present the data in a way that is understandable, succinct, and presented
The global plastic compounding market is expected to grow from USD 642,738.7 million in 2020 to USD 932,575.9 million by 2027, at a CAGR of 6.4% from 2021 to 2027. Plastic compounding is changing the properties of basic plastics and thermoplastics by combining plastics and additives. Plastic compounds are lightweight and have exceptional physical features such as a wide range of conductivity, flame retardancy, and wear resistance. These characteristics boost demand in various industries, including building and construction, packaging, automotive, and electrical and electronics.
Touching a revenue pool of US$ 6 Bn mark in 2019, the global eubiotics market will grow at a promising CAGR during the forecast period, 2019-2029. Upsurge in meat consumption in tandem with growing concern about livestock safety would be the key factors oiling the growth engine. Further, increasing need for better quality animal feed and meat products among customers is offering potential opportunities to market players.
Testing, Inspection and Certification Market by Service (Testing, Inspection, Certification), Sourcing Type (In-House and Outsourced), Application (Consumer Goods and Retail, Construction and Infrastructure), and Geography
The Global #Automatic #Content #Recognition Market, Market size of $ 41.5 billion by 2022. Full report – https://kbvresearch.com/global-automatic-content-recognition-market/
whipsmartmi.com provides Testing, Inspection and Certification Market industry analysis and statistical data that help businesses thrive in a fast-paced evolving marketplace.
Global Testing, Inspection and Certification Market is estimated to reach $92.2 billion by 2024 from $57.6 billion in 2016 ; growing at a CAGR of 6.1% from 2016 to 2024
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The global metal molds for plastic injection molding industry share was projected at $4.16 billion in 2020 and is estimated to surpass $5.5 billion by 2027, registering a CAGR of 3.5%, estimates a study published by Global Market Insights.
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Europe region is anticipated to witness a significant chunk of the total market share owing to the presence of well-established market players operating in the such as Essentra Plc, Tann Germany GmbH, and tesa SE, among others.
Global Thermal Insulation Coating Market Research Report- by Type (Acrylic, Epoxy, Polyurethane, Yttria Stabilized Zirconia, and Others), by End Use (Aviation, Transportation, Industrial, Construction, and Others) and by Region- Forecast till 2023
[227 Pages Report] Dental Diagnostic Market and Surgical Equipment Market research report consists of devices used in diagnosing dental diseases/conditions and treating the same.
Future Market Insights delivers key insights on the UV stabilized films market, in its recently published report titled, 'UV Stabilized Films Market: Global Industry Analysis 2014-2018 and Opportunity Assessment 2019-2029'. In terms of revenue, the global UV stabilized films market is projected to expand at a value CAGR of over 5% during the forecast period, owing to numerous factors, regarding which, FMI offers thorough insights and forecasts in this report
The Europe aerosol container market size was estimated at over USD 1,000 million in 2014. Growing demand for these containers owing to its great barriers properties which guard the product from UV radiation in food, personal care, and medical products is expected to surge the demand for aerosol container over the forecast period.