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The Automotive Testing, Inspection and Certification Global Market Report 2021-31 by The Business Research Company describes and explains the global automotive testing, inspection and certification market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The Automotive Testing, Inspection and Certification Global Market Report 2022 covers automotive testing, inspection and certification market drivers, automotive testing, inspection and certification market trends, automotive testing, inspection and certification market segments, automotive testing, inspection and certification market growth rate, automotive testing, inspection and certification market major players, and automotive testing, inspection and certification market size.
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The automotive testing, inspection and certification market report provides in-depth analysis of the impact of COVID-19 on the global automotive testing, inspection and certification industry along with revised market numbers due to the effects of the coronavirus and the expected automotive testing, inspection and certification market growth numbers for 2022-2031.
The global automotive testing, inspection, and certification market size is expected to grow from $19.8 billion in 2021 to $20.34 billion in 2022 at a compound annual growth rate (CAGR) of 2.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The automotive testing, inspection, and certification market is expected to grow to $23.31 billion in 2026 at a CAGR of 3.5%.
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Automotive Testing, Inspection and Certification Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
TBRC’s report covers the automotive testing, inspection and certification market segments-
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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