Top Automotive TIC Companies

Global Automotive TIC Market size was valued at USD 35.96 Billion in 2023 and is poised to grow from USD 39.80 Billion in 2024 to USD 89.76 Billion by 2032, growing at a CAGR of 10.7% in the forecast period (2025-2032).

The global automotive TIC industry is marked by intense competition, with several key players striving to expand their global presence and enhance their service offerings. Companies like UL Solutions, SGS SA, and TÜV SÜD are focusing on establishing state-of-the-art testing facilities to cater to evolving automotive technologies, particularly in electric vehicles (EVs) and autonomous driving systems. Meanwhile, firms such as Johnson Electric and EUtech are leveraging strategic partnerships to strengthen their testing capabilities and accelerate innovation. 'UL Solutions', 'Johnson Electric', 'EUtech', 'SGS SA', 'TÜV SÜD', 'Intertek Group plc', 'DEKRA SE', 'Bureau Veritas', 'Applus+', 'Element Materials Technology', 'MISTRAS Group', 'Kiwa Group'

The increasing global shift toward electric mobility is a significant driver for the automotive TIC market. As EV adoption accelerates, there is heightened demand for comprehensive testing, inspection, and certification services to ensure battery safety, charging system reliability, and overall vehicle performance. This trend is prompting TIC providers to expand their EV testing infrastructure, enhancing capabilities for battery thermal management, charging efficiency, and environmental sustainability.

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