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The global automotive TIC market is projected to grow from USD 17.7 billion in 2023 to USD 20.9 billion by 2028, registering a CAGR of 3.4%. The automotive industry is undergoing rapid technological advancements, with the rise of electric vehicles, connected cars, and autonomous driving systems. This has created a need for comprehensive TIC services for new applications arising from these technological advancements, to ensure the safety, quality, and compliance of automotive products and components. The increasing complexity of automotive systems, stringent regulatory standards, and the need for efficient and reliable supply chains have further fueled the demand for TIC services in the automotive sector. TIC services help automotive manufacturers and suppliers meet the industry's requirements, adhere to safety standards, and gain consumer trust.

Globalization and international trade have led to the need for harmonized certification and compliance procedures across different regions. Automotive TIC services play a crucial role in facilitating market access, enabling manufacturers to expand their operations globally and ensuring compliance with local regulations. The growth of the automotive TIC market is also driven by the rising awareness among consumers about the importance of safety and quality in automotive products. Consumers are increasingly demanding vehicles that meet stringent safety standards, are environmentally friendly, and incorporate advanced technologies. TIC services provide independent verification and validation of these factors, contributing to customer confidence and brand reputation.

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DEKRA SE is one of the world’s leading vehicle testing and inspection organization. The company provides testing, inspection, and certification (TIC) services related to vehicle safety, environment, and healthcare. It offers TIC services to various industries, such as automotive, food, and energy. The company operates mainly in business segments such as vehicle inspection, industrial inspection, claims & expertise, and others. The Automotive segment caters to the growing demand for TIC services in the automotive industry across the value chain. DEKRA is a prominent player in the global automotive industry, with over 170 locations in more than 50 countries worldwide. The company's deep-rooted knowledge and proficiency in providing automotive TIC services are well-established and acknowledged globally. The company offers a comprehensive range of services in the automotive sector, such as vehicle inspections that span from general roadworthiness and safety assessments to specific ones like pre-purchase and lease return inspections. Additionally, the company provides homologation services that entail testing and certifying vehicles and their components to guarantee adherence to national and international rules and standards. For instance, in March 2023, DEKRA acquired Onward Security, a cybersecurity solutions provider based in Taiwan, to further establish itself as a global leader in cybersecurity, testing, and certification services. Onward Security specializes in cybersecurity compliance solutions for clients in various industries, including IoT/IIoT device manufacturing, automotive, industrial, and medical. With this acquisition, DEKRA plans to accelerate its growth in the Asia Pacific region and worldwide.

TÜV SÜD is also among the world’s leading technical service providers. It offers auditing, certification, inspection, consultation/advisory, testing, and training services. The company operates through three major segments: Industry, Mobility, and Certification. The company provides testing, inspection, certification, and training for vehicles. Testing includes performing a variety of tests on vehicles, components, and systems to ensure that they meet safety, performance, and environmental standards. Vehicles, parts, and manufacturing processes are inspected to verify adherence to applicable norms and standards. For instance, in January 2023, TÜV SÜD announced a partnership with Vay Technology, an autonomous vehicle technology company, to test the delivery and collection of autonomous vehicles. The partnership will focus on developing standardized processes and procedures for the safe and efficient transportation of autonomous vehicles, including their loading and unloading, as well as assessing the readiness of autonomous vehicles for transportation. TÜV SÜD will provide technical expertise, while Vay Technology will provide software and hardware solutions for the pilot project. The pilot project aims to facilitate the transportation of autonomous vehicles, support the development of the autonomous vehicle industry, and ensure the highest safety standards are met. Automotive items and procedures can be certified to verify conformity with international and local standards. Training and consulting services are provided to assist automotive firms in improving their processes, improving their quality management systems, and developing the skills and capabilities of their staff. These TIC services are intended to assist manufacturers and suppliers in meeting regulatory requirements, improving product quality and safety, and improving their reputation among customers and stakeholders.

Applus+ is a leading inspection, testing, and quality assurance service provider to various sectors, such as oil & gas, power, automotive, industrial, and telecommunications. Applus+ operates through four divisions: Applus+ Energy & Industry, Applus+ Laboratories, Applus+ IDIADA, and Applus+ Automotive. As of 2022, Applus+ operates in more than 70 countries and employs over 26,000 people.The Applus+ Automotive business segment provides statutory vehicle inspection and emission and gas testing services worldwide. The Applus+ IDIADA division delivers designing, engineering, testing and homologation services for the automotive industry worldwide. For instance, April 2023, Applus+ collaborated with EVARM, an engineering expert in the conversion of commercial vehicles to alternative fuels, and PreZero, an international provider of environmental services, to develop a hydrogen-powered vehicle prototype as part of the VEH2DEM project. The aim of the project is to create a sustainable and efficient solution for urban waste collection. The prototype utilizes hydrogen fuel cell technology, enabling zero-emission operation and contributing to reducing environmental impact. The prototype vehicle is being tested and evaluated to assess its performance and feasibility for urban waste collection applications. The Applus+ Laboratories segment provides comprehensive wireless, electromagnetic compatibility (EMC), and safety testing services. With over 20 years of experience, Applus+ Laboratories is a leader in EMC testing in the automotive industry in Europe. The company is a major player in statutory vehicle inspection services for safety and emissions in the automotive segment. It employs approximately 5,000 people in the automotive division and operates in more than 20 programs with a significant presence across multiple countries. The automotive segment's revenue for the year 2021 was USD 509 million, which was slightly higher than the previous year, but the adjusted operating profit was lower.

Related Reports:

Automotive TIC Market Vehicle Type (Passenger Cars, Commercial Vehicles), Service Type (Testing Services, Inspection Services, Certification Services), Sourcing Type (In-House, Outsourced), Application and Region - Global Forecast to 2028

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