After undertaking an in-depth market analysis, FMI recently revised its report on the automotive homologation service market. This market is set to reach US$ 1,451.24 million in 2024.
In upcoming years, continuous demand for diverse automotive homologation services among automakers is projected to push the sales at a 3.2% CAGR through 2034. By 2034-end, the market is on track to touch US$ 1,988.66 million, as per latest predictions.
| Attributes | Key Insights |
|---|---|
| Automotive Homologation Service Market Size (2024E) | US$ 1,451.24 million |
| Market Valuation (2034F) | US$ 1,988.66 million |
| Value-based CAGR (2024 to 2034) | 3.2% |
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| Leading Service Type | Components and Systems Homologation |
|---|---|
| Value Share (2024) | 54.20% |
Demand for components and systems homologation services is expected to substantiate a 54.20% value share in 2024. Over recent years, the automotive industry has been switching to the digitalization of in-built car technologies, which are indispensable for vehicle automation, convenient commuting, and connectivity.
Frequent upgradation of components and systems due to upgradation in technology is raising demand for homologation services. Therefore, by service type, the systems and components homologation segment is dominating the global market with a massive share.
| Leading Application | Domestic Homologation |
|---|---|
| Value Share (2024) | 68.40% |
The use of homologation services is increasing domestically as car manufacturers naturally look for cost-saving options. Getting homologation services in their homeland gives manufacturers a competitive edge over their peers who don’t have the benefit of relatively affordably-priced homologation services. The domestic homologation segment, by 2024 end, is predicted to account for 68.40%.
Principal Consultant
| Countries | Forecast CAGR (2024 to 2034) |
|---|---|
| United States | 2.60% |
| France | 4.60% |
| India | 3.70% |
| China | 3.40% |
| Japan | 2.20% |
Strict norms in the United States, as set down by the National Traffic and Motor Vehicle Safety Act, Clean Air Act, Motor Vehicle Information and Cost Saving Improvement Act, and Americans with Disabilities Act, are also enhancing the scope of automotive homologation services in the United States.
Several key players in the United States offer to help car brands and OEMs with their extensive automotive homologation services. These services help car brands to obtain approvals for their systems, vehicles, and components efficiently. These homologation service providers are up-to-date with the changes in automotive regulations and benefit car companies with a one-stop approval solution.
The growth of automotive homologation services market in the United States is set to rise at a CAGR of 2.6% through 2034.
The use of new technologies, such as wireless systems and components, is making vehicles more sophisticated. Meanwhile, the production base of vehicles is becoming globalized.
In recent times, aspects like the reliability and safety of automotive parts and environmental protection are also gaining significance. Car manufacturers and suppliers are thus meeting new challenges in reliability and quality and ensuring connectivity within the car and surrounding infrastructure by using automotive homologation services.
Key players in Japan are supporting full services for automotive systems and components to confirm that they adhere to applicable requirements in global markets. A one-stop localized solution is also available for export and domestic markets. Additionally, key players are offering environmental testing services and EMC for electronic mechanisms and subassemblies planned to be fitted on vehicles.
The CAGR assumed by automotive homologation service providers in Japan is predicted to be 2.2% through 2034.
Key providers of automotive homologation services in India are expected to enjoy a CAGR of 3.70% through 2034. India enjoys worldwide recognition as an important player in the automotive industry. Numerous global players have already made moves to gain a footprint in India.
An example of this is the Automotive Research Association of India (ARAI), which offers systematic homologation and certification services for an exhaustive range of automotive systems, vehicles, and their components.
India has a reputation as a leading tractor manufacturer worldwide. Not only this but other heavy vehicle segments like buses and heavy trucks are extensively produced in India. Thus, giving it a substantial position in the global market. Surging production of new vehicles in India is creating a solid demand for automotive homologation services in India.
Sales of automotive homologation services in France are set to expand at a CAGR of 4.60% over the next 10 years. The country is expected to enjoy relatively higher growth than its counterparts, according to the latest market predictions.
Components and vehicle manufacturers are purchasing homologation services to gain entry into target markets for greater earnings. These services also allow rapid delivery of products and prevent costly fines and penalties paid for non-compliance as well as costly recalls. Another crucial factor that is encouraging automotive manufacturers for these services is consumer confidence regarding vehicle safety.
China is to observe incremental growth of 3.40% over this decade. Expansion of the market in China is driven by rising local as well as international manufacturers of motorcycles, trucks, vehicles, and the relevant safety components. These players are required to be CCC-certified to sell their products in the competitive and lucrative market in China.
CCC, which is China Compulsory Certification, is a hallmark of the safety and quality of motor vehicles for customers in China. Several key players are thus offering their services to assist manufacturers attain as well as renew mandatory or voluntary certification for China. Taking the help of these players helps automotive manufacturers to access the enormous market in this country.
Key players in the market are vigorously working to construct a solid network of partnerships with laboratories adhering to ISO/IEC 17025. The key motive behind this is to increase the global footprint and to ensure complete accuracy in tests held for vehicle checks.
Top vendors are offering customers their expertise in automotive certification and engineering, practically and quickly. Key players are also strategizing to boost their presence through joint ventures, collaborations, and partnerships with other domestic players.
One such example of successful collaboration is of Vincotte with Kiwa, which took place in 2022. The latter is a global testing, certification, and inspection firm that gives access to modern laboratories and expertise. This collaboration made the company’s focus on emerging markets like battery regulations and hydrogen storage systems stronger.
Industry participants are uniting to satisfy the constantly evolving demands of the automotive market, which is always under pressure to provide flexible solutions to revamp the market in a shorter period. This is increasing the competitiveness of the automotive market and raising prospects for automotive homologation service providers.
Recent Happenings in the Automotive Homologation Service Market
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The automotive homologation service industry accounts for a US$ 1,451.24 million valuation in 2024.
Market players are expecting the automotive homologation service market to increase at a CAGR of 3.2% over the next 10 years.
The market revenue of automotive homologation services has the potential to bypass US$ 1,988.66 million by 2034.
Components and systems homologation is a frequently purchased service by OEMs.
France is expected to offer lucrative opportunities to key vendors.
TÜV SÜD Group, Intertek Group plc, and DEKRA SE are some key participants in the automotive homologation service industry.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Service Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Service Type, 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Service Type, 2024 to 2034
5.3.1. Full Vehicle Homologation
5.3.2. Components & Systems Homologation
5.3.2.1. Display Systems
5.3.2.2. Steering Control Systems
5.3.2.3. Wireless & Communication Systems
5.3.2.4. Brake Systems
5.3.2.5. Engine & Transmission Systems
5.3.2.6. Seating Systems
5.3.2.7. Safety & Crash Protection Systems
5.3.2.8. Door Components & Systems
5.3.2.9. Windshield Systems
5.3.2.10. Others
5.4. Y-o-Y Growth Trend Analysis By Service Type, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Service Type, 2024 to 2034
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Application, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Application, 2024 to 2034
6.3.1. Domestic Homologation
6.3.2. Export Oriented Homologation
6.4. Y-o-Y Growth Trend Analysis By Application, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Application, 2024 to 2034
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Vehicle Type
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) Analysis By Vehicle Type, 2019 to 2023
7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Vehicle Type, 2024 to 2034
7.3.1. Motorcycle
7.3.2. Passenger Vehicles
7.3.3. Commercial Vehicles
7.3.4. Trailers
7.3.5. Agricultural Equipment
7.4. Y-o-Y Growth Trend Analysis By Vehicle Type, 2019 to 2023
7.5. Absolute $ Opportunity Analysis By Vehicle Type, 2024 to 2034
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023
8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034
8.3.1. North America
8.3.2. Latin America
8.3.3. Western Europe
8.3.4. Eastern Europe
8.3.5. South Asia and Pacific
8.3.6. East Asia
8.3.7. Middle East and Africa
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
9.2.1. By Country
9.2.1.1. USA
9.2.1.2. Canada
9.2.2. By Service Type
9.2.3. By Application
9.2.4. By Vehicle Type
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Service Type
9.3.3. By Application
9.3.4. By Vehicle Type
9.4. Key Takeaways
10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Service Type
10.2.3. By Application
10.2.4. By Vehicle Type
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Service Type
10.3.3. By Application
10.3.4. By Vehicle Type
10.4. Key Takeaways
11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. UK
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Western Europe
11.2.2. By Service Type
11.2.3. By Application
11.2.4. By Vehicle Type
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Service Type
11.3.3. By Application
11.3.4. By Vehicle Type
11.4. Key Takeaways
12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Country
12.2.1.1. Poland
12.2.1.2. Russia
12.2.1.3. Czech Republic
12.2.1.4. Romania
12.2.1.5. Rest of Eastern Europe
12.2.2. By Service Type
12.2.3. By Application
12.2.4. By Vehicle Type
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Service Type
12.3.3. By Application
12.3.4. By Vehicle Type
12.4. Key Takeaways
13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Bangladesh
13.2.1.3. Australia
13.2.1.4. New Zealand
13.2.1.5. Rest of South Asia and Pacific
13.2.2. By Service Type
13.2.3. By Application
13.2.4. By Vehicle Type
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Service Type
13.3.3. By Application
13.3.4. By Vehicle Type
13.4. Key Takeaways
14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Country
14.2.1.1. China
14.2.1.2. Japan
14.2.1.3. South Korea
14.2.2. By Service Type
14.2.3. By Application
14.2.4. By Vehicle Type
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Service Type
14.3.3. By Application
14.3.4. By Vehicle Type
14.4. Key Takeaways
15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. South Africa
15.2.1.3. Israel
15.2.1.4. Rest of MEA
15.2.2. By Service Type
15.2.3. By Application
15.2.4. By Vehicle Type
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Service Type
15.3.3. By Application
15.3.4. By Vehicle Type
15.4. Key Takeaways
16. Key Countries Market Analysis
16.1. USA
16.1.1. Pricing Analysis
16.1.2. Market Share Analysis, 2023
16.1.2.1. By Service Type
16.1.2.2. By Application
16.1.2.3. By Vehicle Type
16.2. Canada
16.2.1. Pricing Analysis
16.2.2. Market Share Analysis, 2023
16.2.2.1. By Service Type
16.2.2.2. By Application
16.2.2.3. By Vehicle Type
16.3. Brazil
16.3.1. Pricing Analysis
16.3.2. Market Share Analysis, 2023
16.3.2.1. By Service Type
16.3.2.2. By Application
16.3.2.3. By Vehicle Type
16.4. Mexico
16.4.1. Pricing Analysis
16.4.2. Market Share Analysis, 2023
16.4.2.1. By Service Type
16.4.2.2. By Application
16.4.2.3. By Vehicle Type
16.5. Germany
16.5.1. Pricing Analysis
16.5.2. Market Share Analysis, 2023
16.5.2.1. By Service Type
16.5.2.2. By Application
16.5.2.3. By Vehicle Type
16.6. UK
16.6.1. Pricing Analysis
16.6.2. Market Share Analysis, 2023
16.6.2.1. By Service Type
16.6.2.2. By Application
16.6.2.3. By Vehicle Type
16.7. France
16.7.1. Pricing Analysis
16.7.2. Market Share Analysis, 2023
16.7.2.1. By Service Type
16.7.2.2. By Application
16.7.2.3. By Vehicle Type
16.8. Spain
16.8.1. Pricing Analysis
16.8.2. Market Share Analysis, 2023
16.8.2.1. By Service Type
16.8.2.2. By Application
16.8.2.3. By Vehicle Type
16.9. Italy
16.9.1. Pricing Analysis
16.9.2. Market Share Analysis, 2023
16.9.2.1. By Service Type
16.9.2.2. By Application
16.9.2.3. By Vehicle Type
16.10. Poland
16.10.1. Pricing Analysis
16.10.2. Market Share Analysis, 2023
16.10.2.1. By Service Type
16.10.2.2. By Application
16.10.2.3. By Vehicle Type
16.11. Russia
16.11.1. Pricing Analysis
16.11.2. Market Share Analysis, 2023
16.11.2.1. By Service Type
16.11.2.2. By Application
16.11.2.3. By Vehicle Type
16.12. Czech Republic
16.12.1. Pricing Analysis
16.12.2. Market Share Analysis, 2023
16.12.2.1. By Service Type
16.12.2.2. By Application
16.12.2.3. By Vehicle Type
16.13. Romania
16.13.1. Pricing Analysis
16.13.2. Market Share Analysis, 2023
16.13.2.1. By Service Type
16.13.2.2. By Application
16.13.2.3. By Vehicle Type
16.14. India
16.14.1. Pricing Analysis
16.14.2. Market Share Analysis, 2023
16.14.2.1. By Service Type
16.14.2.2. By Application
16.14.2.3. By Vehicle Type
16.15. Bangladesh
16.15.1. Pricing Analysis
16.15.2. Market Share Analysis, 2023
16.15.2.1. By Service Type
16.15.2.2. By Application
16.15.2.3. By Vehicle Type
16.16. Australia
16.16.1. Pricing Analysis
16.16.2. Market Share Analysis, 2023
16.16.2.1. By Service Type
16.16.2.2. By Application
16.16.2.3. By Vehicle Type
16.17. New Zealand
16.17.1. Pricing Analysis
16.17.2. Market Share Analysis, 2023
16.17.2.1. By Service Type
16.17.2.2. By Application
16.17.2.3. By Vehicle Type
16.18. China
16.18.1. Pricing Analysis
16.18.2. Market Share Analysis, 2023
16.18.2.1. By Service Type
16.18.2.2. By Application
16.18.2.3. By Vehicle Type
16.19. Japan
16.19.1. Pricing Analysis
16.19.2. Market Share Analysis, 2023
16.19.2.1. By Service Type
16.19.2.2. By Application
16.19.2.3. By Vehicle Type
16.20. South Korea
16.20.1. Pricing Analysis
16.20.2. Market Share Analysis, 2023
16.20.2.1. By Service Type
16.20.2.2. By Application
16.20.2.3. By Vehicle Type
16.21. GCC Countries
16.21.1. Pricing Analysis
16.21.2. Market Share Analysis, 2023
16.21.2.1. By Service Type
16.21.2.2. By Application
16.21.2.3. By Vehicle Type
16.22. South Africa
16.22.1. Pricing Analysis
16.22.2. Market Share Analysis, 2023
16.22.2.1. By Service Type
16.22.2.2. By Application
16.22.2.3. By Vehicle Type
16.23. Israel
16.23.1. Pricing Analysis
16.23.2. Market Share Analysis, 2023
16.23.2.1. By Service Type
16.23.2.2. By Application
16.23.2.3. By Vehicle Type
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Service Type
17.3.3. By Application
17.3.4. By Vehicle Type
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. TÜV SÜD Group
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.2. Intertek Group plc
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.3. DEKRA SE
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.4. Applus Services SA
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.5. SGS S.A.
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.6. Bureau Veritas
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.7. Formel D Group
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.8. The Smithers Group Inc.
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.9. The Automotive Research Association of India
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.10. AVL List GmbH
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
18.1.11. TÜV Rheinland
18.1.11.1. Overview
18.1.11.2. Product Portfolio
18.1.11.3. Profitability by Market Segments
18.1.11.4. Sales Footprint
18.1.11.5. Strategy Overview
18.1.11.5.1. Marketing Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
Automotive
June 2023
REP-GB-283
224 pages
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Automotive Homologation Service Market
