German Automotive Testing Inspection Certification Market is Segmented By Type (Autonomous and Connected Vehicles, Automotive Fluids, Electrical Components and Electronics, Electro Mobility / Electric Vehicles, Materials and Components - Composites, Plastics and Metals, Engine and Gears, Environmental Testing, System Testing, Others), By Product (Engine Dynamo Meter, Wheel Alignment Tester, Chassis Dynamo Meter, Vehicle Emission Tester, Transmission Dynamometer, Fuel Injection Pump Tester, Advanced Battery Analyzer, Durability Tester, Endurance Tester, Flammability Tester, Gas Analyzer, Impact Or Crush Testers, Torsional Fatigue Tester, Vibration Tester, Others), By Vertical (Passenger Vehicle, Commercial Vehicle) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030
German Automotive Testing Inspection Certification Market Size
[154 Pages], The German automotive TIC (testing, inspection, certification) market reached USD 7.11 billion in 2022 and is projected to witness lucrative growth by reaching up to USD USD 9.99 billion by 2030. The market is growing at a CAGR of 4.4% during the forecast period (2023-2030). The German Automotive Testing, Inspection, and Certification (TIC) market is a crucial part of the automotive industry, providing essential services to ensure the safety and compliance of vehicles and components.
With Germany being one of the leading automotive manufacturing countries in the world, the German Automotive TIC market has a significant role to play in ensuring the quality and reliability of automotive products. The German Automotive TIC market share is expected to experience strong growth in the coming years, driven by several factors, including the increasing demand for autonomous and connected vehicles, the need for compliance with regulatory requirements, and the development of new technologies and systems.
The autonomous and connected vehicles occupied a market share of almost 5% of type segment in Germany automotive TIC (testing, inspection, certification) market in 2023 and is one among the fastest growing segments. In conclusion, the German Automotive TIC market is a critical part of the automotive industry, providing essential services to ensure the safety and compliance of vehicles and components. The engine With the growing demand for autonomous and connected vehicles, the market trend is expected to be upwards in the coming years, making it an exciting and dynamic industry to with extensive market opportunities and market share growth.
German Automotive Testing Inspection Certification Market Scope
|
Metrics |
Details |
|
CAGR |
4.4% |
|
Size Available for Years |
2021-2030 |
|
Forecast Period |
2023-2030 |
|
Data Availability |
Value (US$) |
|
Segments Covered |
Type, Product and Verticle |
|
Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights. |
To Know more Insights - Download Sample
German Automotive Testing Inspection Certification Market Dynamics and Trends
Growing trend of electric vehicles and the strong regulatory environment
A major driver of the German automotive TIC market is the growing trend of electric vehicles. With the German government's push towards reducing carbon emissions and promoting sustainable transportation, there has been a significant increase in the production of electric vehicles. The respective fact has led to an increase in the demand for testing, inspection, and certification services to ensure that these vehicles meet the necessary safety and quality standards. Finally, the strong regulatory environment in Germany is also driving the growth of the automotive TIC market. German regulators place a high emphasis on safety and quality standards, and this has led to a highly regulated industry. As a result, there is a growing demand for testing, inspection, and certification services to ensure compliance with these regulations.
The high cost of TIC (testing, inspection, certification) services
The high cost of TIC (testing, inspection, certification) services can have a significant impact on German automotive manufacturers, particularly small and medium-sized enterprises (SMEs). According to a report by the Federal Ministry for Economic Affairs and Energy, SMEs account for over 90% of the German automotive industry. These companies may not have the resources to invest in expensive testing, inspection, and certification services, which can limit their ability to compete with larger companies in the global market.
In addition, the high cost of testing, inspection, certification services can also impact the competitiveness of German vehicles in the global market. As TIC services become more expensive, manufacturers may look for alternative options, such as outsourcing to lower-cost countries. The respective fact can have a negative impact on the German TIC (testing, inspection, certification) industry and the overall competitiveness of the German automotive sector.
German Automotive Testing Inspection Certification Market Segment Analysis
The German automotive TIC (testing, inspection, certification) market is segmented based on product, application and region.
Significant investments in research and development ability to bring tremendous social, industrial, economic and environmental benefits in the future
Autonomous and connected vehicles occupied a market share of almost 5% of type segment in Germany automotive TIC (testing, inspection, certification) market in 2023. The growth of the autonomous and connected vehicle segment in the German Automotive TIC market is driven by several factors, including:
Safety concerns: Autonomous and connected vehicles have the potential to improve safety on the roads, but there are also concerns about their safety and reliability. TIC companies are providing testing and certification services to ensure that these vehicles meet safety standards and comply with regulations.
Regulatory compliance: As autonomous and connected vehicles become more common on the roads, there are increasing regulatory requirements that manufacturers must meet. TIC companies are providing services to help manufacturers comply with these regulations and obtain the necessary certifications.
Technological advancements: The development of new technologies and systems for autonomous and connected vehicles requires testing and certification to ensure their effectiveness and reliability. TIC companies are providing services to test and certify these technologies, including sensors, software, and communication systems.
Overall, the growth of the autonomous and connected vehicle segment is expected to continue to drive the growth of the German Automotive TIC market in the coming years. TIC companies will play a critical role in ensuring the safety and compliance of these vehicles as they become more prevalent on the roads.
Source: DataM Intelligence Analysis (2023)
German Automotive Testing Inspection Certification Market Companies
The major German players include SGS SA, Intertek Group plc, Bureau Veritas S.A., DNV GL, Eurofins Scientific SE, TÜV Rheinland, TÜV SÜD AG, Kiwa Group, AVL List GmbH and DEKRA.
COVID-19 Impact on German Automotive Testing Inspection Certification Market
By Type
- Autonomous and Connected Vehicles
- Automotive Fluids
- Electrical Components and Electronics
- Electrical Components and Electronics
- Electro Mobility / Electric Vehicles
- Electro Mobility / Electric Vehicles
- Materials and Components - Composites, Plastics and Metals
- Materials and Components - Composites, Plastics and Metals
- Engine and Gears
- Environmental Testing
- System Testing
- Others
By Product
- Engine Dynamo Meter
- Wheel Alignment Tester
- Chassis Dynamo Meter
- Vehicle Emission Tester
- Transmission Dynamometer
- Fuel Injection Pump Tester
- Advanced Battery Analyzer
- Durability Tester
- Endurance Tester
- Flammability Tester
- Gas Analyzer
- Impact Or Crush Testers
- Torsional Fatigue Tester
- Vibration Tester
- Others
By Vertical
- Passenger Vehicle
- Commercial Vehicle
Key Developments
- In January 2021, TÜV Rheinland, Germany launched a new certification program for EV battery systems in Germany.
- In 2021, the German Federal Ministry of Transport and Digital Infrastructure (BMVI) announced new regulations for automated driving, which will require TIC companies to certify advanced driver-assistance systems (ADAS) for level 3 automation..
- In 2020, for instance, Applus+, Germany, a Spanish multinational TIC company, acquired a majority stake in Testing, Inspection and Certification Germany (TICG), a TIC company specializing in the automotive sector.
Why Purchase the Report?
- To visualize the German automotive TIC (testing, inspection, certification) market segmentation based on type, product and vertical, as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous data points of German automotive TIC (testing, inspection, certification) market-level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as excel consisting of key products of all the major players.
The German automotive TIC (testing, inspection, certification) market report would provide approximately 39 tables, 43 figures and 154 Pages.
Target Audience 2023
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
