Global Automotive TIC Market . 2019 has been considered as base year to estimate the market and same is forecasted through 2021 to 2026 by giving special focus and different treatment to 2020. The report forecast that by value Automotive TIC market will touch USD XX Bn. by 2026. The report has covered the market drivers, restraints and fluctuations in demand in different countries by region with special focus on demand and supply from China, India, Taiwan in Asia and USA, France, UK, Russia in western countries. Government regulations, different government’s special incentives and trade agreements in countries are going to have moderate impact on the demand and supply on Automotive TIC market.
The Automotive TIC faced several challenges in 2020 including Covid lock down and sudden decrease in demand for semiconductors, however, the demand is expected to normalize in 2021 and is expected to pick up in 2022, which is covered in the report in the growth drivers chapter.
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Automotive TIC Market report is Segmented by
Global Automotive TIC Market, by Service type
• Testing service
• Inspection services
• Certification services
Global Automotive TIC Market, by Sourcing type
Global Automotive TIC Market, by Application
• Electrical Systems and Components
• Vehicle inspection services
• Homologation testing
• Interior & exterior materials
Global Automotive TIC Market, by Region
• North America
• Asia Pacific
• Middle East and Africa
• Latin America
Key players operating on Global Automotive TIC Market,
• UV Nord Group
• Eurofins Scientific
• ASTM International
• Element Materials Technology
• Lloyd’s Register Group Limited
• Mistras Group, Inc.
• DNV GL Group AS
• Norges Elektriske Materiellkontroll
• Certification GmbH
• ALS Limited
• BSI Group,
• SAI Global Limited
• UL LLC.
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By region, Automotive TIC Market is segmented by North America, South America, Europe, Middle East and APAC. The APAC market has further given the deep analysis of ASEAN countries separately in the report.
The report has profiled key players in the market by their size and presence by regions. Since, there are limitation to profile all the kay player, representation is given to companies by region, sales revenue, expenditure on technology, expansion plans, investments received, involved in M&A.
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