What Do The Historic And Forecasts Market Sizes Say For The Automotive Testing, Inspection And Certification Market?
The automotive testing, inspection and certification market size has grown steadily, increasing from $21.05 billion in 2024 to $21.66 billion in 2025 at a compound annual growth rate (CAGR) of 2.9%. This growth can be attributed to the growing complexity of automotive technologies, stringent government regulations for vehicle safety and emissions, expansion of automotive supply chains, growing consumer demand for quality and safety, and increased automobile production.
Looking ahead, the market size is expected to grow to $25.09 billion in 2029 at a CAGR of 3.8%. Factors contributing to this growth include the rising adoption of electric and hybrid vehicles, increasing focus on sustainable and eco-friendly certification processes and increasing complexity of automotive technologies.
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What Are The Key Drivers Of The Automotive Testing, Inspection And Certification Market?
An increase in automobile production is expected to propel the growth of the automotive testing inspection and certification market. Automobiles need to be safe, strong and able to prove the longevity of the engine. For instance, in August 2024, new car registrations rose by 3.9% to over 6.5 million units. All major markets in the bloc demonstrated positive growth. Therefore, the increase in automobile production is driving the market growth.
How Is The Automotive Testing, Inspection And Certification Market Segmented?
The automotive testing, inspection and certification market is segmented:
1) By Service Type: Testing Services, Inspection Services, Certification Services, Other Services
2) By Sourcing Type: In-house, Outsourced
3) By Application: Electrical Systems and Components, Telematics, Interior and Exterior Materials and Components, Fluids and Lubricants, Vehicle Inspection Services, Homologation Testing, Other Applications
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Who Are The Major Players In The Automotive Testing, Inspection And Certification Market?
Major companies operating in the market include SGS SA, Bureau Veritas SA, Intertek Group plc, Dekra SE, Applus Services SA, Eurofins Scientific SE, MISTRAS Group Inc., Element Materials Technology, The British Standards Institution, TUV Nord Group, NSF International, RINA SpA, ALS Limited, DNV GL, Robert Bosch GmbH, among others.
What Are The Emerging Trends In This Market?
Major companies are focused on enhancing the customer experience to gain a competitive edge. For instance, in April 2022, SGS S. A., introduced a Digital Hub with the goal of enhancing the customer experience. This Digital Hub’s objective is to scale up the digitalization of customer journeys and assist SGS in achieving its commitment to digitalize 30% of its customer journeys by 2023.
Which Are The Largest And Fastest-Growing Regions In the Automotive Testing, Inspection and Certification Market?
North America was the largest region in the automotive testing inspection and certification market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Automotive Testing, Inspection And Certification Market Report 2025 Offer?
Automotive testing inspection and certification refer to certifying automotive vehicles and their components. These services are used to ensure the automotive product complies with automotive safety and quality standards. The Automotive Testing, Inspection and Certification Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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