Indian Automotive Testing Inspection Certification Market Size
The Indian automotive TIC (testing, inspection, certification) market reached USD 845.17 million in 2022 and is projected to witness lucrative growth by reaching up to USD USD 3,638.78 million by 2030. The market is growing at a CAGR of 23.6% during the forecast period (2024-2031). The Indian automotive TIC market refers to the industry that provides testing, inspection, and certification services for automobiles in India.
The respective market is an important component of the automotive industry in India, which is one of the largest in the world. The TIC services are necessary for ensuring compliance with government regulations, safety standards, and quality requirements for vehicles.
The Indian government has implemented stringent regulations for the automotive industry, which has led to an increased demand for TIC services. The market players in the Indian automotive TIC industry include both domestic and international companies, offering a range of services such as emission testing, safety testing, vehicle inspection, and certification. With the increasing demand for automobiles in India and the need for compliance with regulations, the Indian automotive TIC market and Indian automotive TIC market shares are expected to grow in the coming years.
Market Scope
Metrics | Details |
CAGR | 23.6% |
Size Available for Years | 2021-2030 |
Forecast Period | 2024-2031 |
Data Availability | Value (US$) |
Segments Covered | Type, Product, and Verticle |
Report Insights Covered | Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights. |
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Market Dynamics
Growing use of electronic systems in automotive industry
Testing is a procedure used to ensure that manufactured products and component systems fit their intended use. Testing is carried out before, during and after manufacturing to assure product quality. The increasing usage of electronic systems in automobiles has increased the demand for testing services. Electronic systems require special attention when it comes to testing to maintain their efficiency regularly.
For instance, the increased use of telematics control units (TCU), infotainment and other electronic components such as on-board diagnostics (OBD), electronic control unit (ECU) and anti-lock brake systems is predicted to grab about two-thirds of the Indian automotive electronics market (ABS). As a result, the growing use of electronic systems in automotive industry offers the Indian automotive TIC (testing, inspection, certification) opportunities and boosts the market shares, especially for India testing market.
The growing use of personal care and cleaning products creates lucrative growth prospects for manufacturers
The Indian automotive TIC (testing, inspection, certification) market is heavily concentrated between a few major public and private players. The few public testing companies such as the Automotive Research Association of India (ARAI), Vehicle Research & Development Establishment (VRDE) and Global Center of Automotive Technology (iCAT) are chronically underfunded and lack the latest high tech equipment necessary to respond to the latest evolving trends in automotive testing.
Even private sector testing companies do not conduct high-value research and development on the scale seen in the developed automotive markets such as U.S. and Germany. The value addition of R&D to automotive testing in India is very low, especially for a major automotive market. Therefore, lack of R&D facilities for automotive testing hamper the Indian automotive TIC (testing, inspection, certification) market shares.
Market Segment Analysis
The Indian automotive TIC (testing, inspection, certification) market is segmented based on product, application and region.
Significant investments in research and development ability to bring tremendous social, industrial, economic and environmental benefits in the future
Autonomous and connected vehicles occupied a market share of 4.85% of type segment in India automotive TIC (testing, inspection, certification) market in 2023 and valued around US$ 49.687 in the same year. Vehicle intelligence and networking are an important part of an emerging solution to the global transport difficulties. It is rapidly evolving to produce highly automated and even partially autonomous vehicles on the road.
Furthermore, autonomous and connected vehicles will bring tremendous social, industrial, economic and environmental benefits in the future. Globally, significant investments in research and development are being made to guarantee that these solutions are brought to market as soon as feasible. Big companies are investing in India automotive business to boost their market sales in the Indian market. For instance, in January 2021, Tesla announced to enter into the Indian market and registered itself with an office in Bengaluru.
Source: DataM Intelligence Analysis (2023)
Market Companies
The major Indian players include SGS SA, Automotive Test Systems, The Automotive Research Association of India (ARAI), URS Products and Testing Pvt. Limited, iCAT, TÜV Rheinland, Embitel, Sigma Test & Research Centre, AVL List GmbH and DEKRA.
COVID-19 Impact on Market
By Type
- Autonomous and Connected Vehicles
- Automotive Fluids
- Electrical Components and Electronics
- Electrical Components and Electronics
- Electro Mobility / Electric Vehicles
- Electro Mobility / Electric Vehicles
- Materials and Components - Composites, Plastics and Metals
- Materials and Components - Composites, Plastics and Metals
- Engine and Gears
- Environmental Testing
- System Testing
- Others
By Product
- Engine Dynamo Meter
- Wheel Alignment Tester
- Chassis Dynamo Meter
- Vehicle Emission Tester
- Transmission Dynamometer
- Fuel Injection Pump Tester
- Advanced Battery Analyzer
- Durability Tester
- Endurance Tester
- Flammability Tester
- Gas Analyzer
- Impact Or Crush Testers
- Torsional Fatigue Tester
- Vibration Tester
- Others
By Vertical
- Passenger Vehicle
- Commercial Vehicle
Key Developments
- On May 27, 2021, Automotive Test Systems inaugurated a new testing facility for electric vehicles in Bangalore, India. The new facility would offer various tests for e-axle, electric motors and EV batteries, important components of electric vehicles.
- On December 30, 2021, Omega Seiki Mobility (OSM), an electric vehicle manufacturer, has partnered with the Indira Gandhi Delhi Technical University for Women (IGDTUW) to establish a center of excellence and an R&D (research and development) center in India. The two partners have signed a memorandum of understanding (MoU). The collaboration focuses on building and establishing a state-of-the-art testing lab and equipment and EV battery charging. Furthermore, OSM will collaborate with the IGDTUW students on designing, testing, product development, prototyping and manufacturing automotive components, along with full vehicle development for EVs, battery packs and telematics.
- On June 30, 2021, the National Automotive Test Tracks (Natrax), a high-speed track in Indore, India, was launched by the National Automotive Testing and R&D Infrastructure Project (NATRiP). The Natrax test track is 11.3 kilometers long and 16 meters wide, with 14 different courses, including braking, wet pad, sustainability and handling. Natrax, according to the government, is a one-stop solution for all types of high-speed performance tests for a wide range of vehicles. The track could test anything from motorcycles to supercars to trucks and tractors. Automakers could test their vehicles on factors such as top speed, acceleration, fuel consumption, vehicle dynamics, high-speed handling, high-speed durability, vehicle stability during lane changes and more at this track which is currently considered as Asia's largest high-speed test track.
Why Purchase the Report?
- To visualize the Indian automotive TIC (testing, inspection, certification) market segmentation based on type, product and vertical, as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous data points of Indian automotive TIC (testing, inspection, certification) market-level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as excel consisting of key products of all the major players.
The Indian automotive TIC (testing, inspection, certification) market report would provide approximately 39 tables, 43 figures and 154 Pages.
Target Audience 2024
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies