Automotive TIC Market Share

Automotive TIC Market Share

Eurofins Scientific, SGS Group, and DEKRA SE held a significant market share of over 6.2% in 2023. Eurofins Scientific is actively expanding its automotive testing, inspection, and certification (TIC) services through strategic acquisitions, bolstering its technological capabilities, and utilizing its extensive laboratory network. The company primarily delivers comprehensive testing services for automotive materials, components, and emissions. This emphasis ensures adherence to international standards while fostering innovation in automotive safety and performance.
 

SGS Group is prioritizing the integration of cutting-edge digital solutions and data analytics in their TIC services tailored for the automotive sector. The company aims to boost efficiency and precision in testing and inspection procedures. Furthermore, SGS is collaborating with automotive manufacturers on R&D initiatives and expanding its global presence to meet the surging demand for automotive quality and safety assurance.
 

DEKRA SE is channelling investments into state-of-the-art testing facilities, with a particular focus on bolstering its prowess in automotive cybersecurity and electric vehicle technologies. The company's commitment is evident in its provision of end-to-end TIC services, spanning from initial design validation to the certification of the final product. DEKRA is also actively participating in international standardization endeavours, aiming to establish uniform automotive safety and performance benchmarks worldwide.
 

Automotive TIC Market Companies

Major players operating in the automotive TIC industry are:

• Eurofins Scientific
• SGS Group
• DEKRA SE
• Bureau Veritas
• Applus+
• UL LLC (Underwriters Laboratories)
• TÜV Rheinland Group
• Intertek Group plc
• Element Materials Technology
• TÜV SÜD Group