The Global Automotive Quality Services Market is expected to reach USD 31.79 Billion in 2025. The major drivers of this market include, globalization, increasing focus of customers on quality and safety, and stringent regulations enforced by regulatory bodies.
The global automotive quality services market research report assesses market demand and scenario over the period from 2015 to 2025. The report highlights the historic trends between 2015 and 2017 and the 2019 to 2025 market forecast. The report studies both at global and country level the current status and future market prospects. The global automotive quality services market is segmented by type, application, and geography.
The report also throws light on various aspects of the global automotive quality services industry by assessing the market using value chain analysis. The report covers several qualitative aspects of the global automotive quality services industry in market drivers, market restraints and key industry trends. Furthermore, the report provides an in-depth assessment of the market competition with company profiles of global as well as local vendors.
Automotive quality services is an integral operational component of automotive TIC companies. Automotive TIC is done to ensure the quality and standards of the components. Different automotive regulatory authorities are responsible for checking the quality of components used in automobiles such as ARAI in India.
On the basis of types, global automotive quality services market is segmented into testing services, certifying & validating services, & quality sorting services. Testing services segment attained largest value of USD 7.45 billion in 2018 and is likely to maintain the upward graph in the forecast period.
Based on the application, the market includes categories: Electrical Systems and Components, Telematics, Vehicle Inspection Services, Homologation Testing, Interior & Exterior Materials and Others. VIS segment leaded service type segment by obtaining a value of USD 5.00 Billion in 2018 at 6.42 % CAGR during the forecast period.
The Global Automotive Quality Services Market has strong competition among the well-established and new emerging players. These players aim to gain an edge over the other players by including more benefits to the employers.
The major players of Global Automotive Quality Services Market includes Intertek, Bureau Veritas, CSI S.p.A, National Technical Systems, Inc, Applied Technical Services, Inc, Millbrook Proving Ground Limited, Element Materials Technology Ltd, Ashton Technologies and Ashton Automotive Testing, Weiss Technik North America, Inc, Idneo Technologies S.L along with others.
Segment overview of Global Automotive Quality Services Market
Type Overview, 2015-2025 (USD Billion)
- Testing Services
- Certifying & Validating Service
- Quality Sorting Service
Application Overview, 2015-2025 (USD Billion)
- Electrical Systems and Components
- Vehicle Inspection Services
- Homologation Testing
- Interior & Exterior Materials
Regional Overview, 2015-2025 (USD Billion)
- North America
- United Kingdom
- Rest of Europe
- Rest of APAC
- Latin America
- Rest of Latin America
- Middle East and Africa