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Automotive Testing, Inspection, and Certification (TIC) Market Worth $17.2 Billion By 2027

Automotive TIC Market is expected to reach $17.2 billion by 2027, at a CAGR of 2.2% during the forecast period of 2020 to 2027. The growth in this market is mainly driven by the factors such as growing automobile production in emerging economies, strict regulatory standards imposed by governments on the automotive industry, and consistently growing instances of vehicle recall due to component failure.

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Uploaded on February 1, 2023
Taken on August 19, 2019