| Product Code: ETC13149444 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global New Energy Vehicle TIC Services Market was valued at USD 1.2 Billion in 2024 and is expected to reach USD 2.1 Billion by 2031, growing at a compound annual growth rate of 5.40% during the forecast period (2025-2031).
The Global New Energy Vehicle Testing, Inspection, and Certification (TIC) Services Market is experiencing significant growth driven by the increasing demand for electric vehicles (EVs) and stricter regulatory requirements for vehicle safety and emissions. TIC services play a crucial role in ensuring the quality, reliability, and compliance of new energy vehicles with international standards and regulations. Key market players offering TIC services for new energy vehicles include TÃV SÃD, Bureau Veritas, SGS SA, DEKRA, and Intertek Group. These companies provide services such as electrical safety testing, battery performance evaluation, electromagnetic compatibility testing, and environmental testing. As the EV market expands globally and consumers prioritize sustainability, the need for comprehensive TIC services to validate the safety and performance of new energy vehicles is expected to continue to rise.
The Global New Energy Vehicle TIC Services Market is experiencing significant growth due to the increasing demand for electric and hybrid vehicles worldwide. Key trends in this market include the emergence of stringent regulations and standards for vehicle safety and performance, driving the need for comprehensive testing, inspection, and certification services. The transition towards sustainable transportation solutions is also fueling the demand for TIC services to ensure compliance with environmental regulations and enhance consumer trust. Opportunities in this market lie in expanding service offerings to cater to the evolving needs of new energy vehicle manufacturers, as well as leveraging advanced technologies such as IoT and AI for more efficient and accurate testing processes. Collaborations with automotive industry players and government bodies to develop industry-specific standards and certifications also present avenues for growth in this dynamic market.
The Global New Energy Vehicle Testing, Inspection, and Certification (TIC) Services Market faces several challenges, including the rapid advancements in new energy vehicle technologies, which require constant updates and training for TIC service providers to ensure compliance with regulations and standards. Additionally, the lack of uniformity in regulations and standards across different regions poses a challenge for TIC service providers operating in multiple markets. Another key challenge is the high cost associated with investing in specialized equipment and infrastructure needed for testing and certification services for new energy vehicles. Moreover, the evolving nature of new energy vehicle technologies requires TIC service providers to continuously adapt and enhance their capabilities to keep pace with industry developments and meet the changing needs of manufacturers and consumers.
The Global New Energy Vehicle Testing, Inspection, and Certification (TIC) Services Market is primarily driven by the increasing adoption of electric vehicles (EVs) worldwide, supported by government initiatives and regulations promoting sustainable transportation solutions. The growing focus on reducing carbon emissions and achieving environmental sustainability goals has led to a surge in demand for TIC services to ensure the safety, quality, and compliance of new energy vehicles. Additionally, technological advancements in EVs and battery technologies are driving the need for specialized testing and certification services to guarantee performance and reliability. The market is also influenced by the expansion of the electric vehicle manufacturing sector and the emphasis on enhancing consumer confidence through rigorous testing and certification processes.
Government policies related to the Global New Energy Vehicle TIC Services Market typically involve regulations aimed at promoting the adoption of new energy vehicles (NEVs) and ensuring their safety and compliance with environmental standards. These policies often include incentives such as tax credits, subsidies, and rebates to encourage consumers to purchase NEVs, as well as mandates for automakers to meet certain production quotas for electric vehicles. Additionally, governments may require stringent testing, inspection, and certification services for NEVs to ensure their quality, performance, and adherence to regulatory requirements. These policies play a crucial role in driving the growth of the Global New Energy Vehicle TIC Services Market by creating demand for independent testing and certification services to validate the safety and compliance of NEVs in accordance with government regulations.
The Global New Energy Vehicle TIC Services Market is expected to witness significant growth in the coming years, driven by the increasing adoption of electric vehicles and the growing emphasis on sustainability. With stricter regulations and standards being implemented for new energy vehicles worldwide, the demand for Testing, Inspection, and Certification (TIC) services to ensure compliance and safety is projected to rise. Additionally, advancements in technology and innovation in the electric vehicle sector will create opportunities for TIC service providers to offer specialized services tailored to the unique requirements of new energy vehicles. As the market continues to evolve, collaborations between TIC companies and automotive manufacturers are likely to increase, enabling the development of comprehensive testing and certification solutions to support the growth of the global new energy vehicle industry.
In the global New Energy Vehicle TIC Services market, Asia Pacific is anticipated to witness significant growth due to the increasing adoption of electric vehicles in countries like China and India, supported by government initiatives promoting clean energy transportation. North America is expected to experience steady growth driven by stringent regulations promoting sustainable transportation practices. Europe is likely to lead the market with a strong focus on reducing carbon emissions and advancing technology in electric vehicles. The Middle East and Africa region is projected to show moderate growth as countries in the region begin to invest in new energy vehicle infrastructure. Latin America is also expected to witness growth, propelled by rising environmental awareness and government incentives for electric vehicle adoption.
Global New Energy Vehicle TIC Services Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global New Energy Vehicle TIC Services Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global New Energy Vehicle TIC Services Market Revenues & Volume, 2021 & 2031F |
3.3 Global New Energy Vehicle TIC Services Market - Industry Life Cycle |
3.4 Global New Energy Vehicle TIC Services Market - Porter's Five Forces |
3.5 Global New Energy Vehicle TIC Services Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global New Energy Vehicle TIC Services Market Revenues & Volume Share, By Services Type, 2021 & 2031F |
3.7 Global New Energy Vehicle TIC Services Market Revenues & Volume Share, By Sourcing Type, 2021 & 2031F |
3.8 Global New Energy Vehicle TIC Services Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global New Energy Vehicle TIC Services Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.10 Global New Energy Vehicle TIC Services Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Global New Energy Vehicle TIC Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global New Energy Vehicle TIC Services Market Trends |
6 Global New Energy Vehicle TIC Services Market, 2021 - 2031 |
6.1 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By Services Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By Testing, 2021 - 2031 |
6.1.3 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By Inspection, 2021 - 2031 |
6.1.4 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By Certification, 2021 - 2031 |
6.2 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By Sourcing Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By In-House, 2021 - 2031 |
6.2.3 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By Outsourced, 2021 - 2031 |
6.3 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By Safety and Security, 2021 - 2031 |
6.3.3 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By Connectors, 2021 - 2031 |
6.3.4 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By Communication, 2021 - 2031 |
6.3.5 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By EV Charging, 2021 - 2031 |
6.4 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By BEV, 2021 - 2031 |
6.4.3 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By PHEV, 2021 - 2031 |
6.4.4 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By FCEV, 2021 - 2031 |
6.4.5 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By Others, 2021 - 2031 |
6.5 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By Industry, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By Automotive, 2021 - 2031 |
6.5.3 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By Aerospace, 2021 - 2031 |
6.5.4 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By Defense, 2021 - 2031 |
6.5.5 Global New Energy Vehicle TIC Services Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America New Energy Vehicle TIC Services Market, Overview & Analysis |
7.1 North America New Energy Vehicle TIC Services Market Revenues & Volume, 2021 - 2031 |
7.2 North America New Energy Vehicle TIC Services Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
7.3 North America New Energy Vehicle TIC Services Market, Revenues & Volume, By Services Type, 2021 - 2031 |
7.4 North America New Energy Vehicle TIC Services Market, Revenues & Volume, By Sourcing Type, 2021 - 2031 |
7.5 North America New Energy Vehicle TIC Services Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America New Energy Vehicle TIC Services Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
7.7 North America New Energy Vehicle TIC Services Market, Revenues & Volume, By Industry, 2021 - 2031 |
8 Latin America (LATAM) New Energy Vehicle TIC Services Market, Overview & Analysis |
8.1 Latin America (LATAM) New Energy Vehicle TIC Services Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) New Energy Vehicle TIC Services Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) New Energy Vehicle TIC Services Market, Revenues & Volume, By Services Type, 2021 - 2031 |
8.4 Latin America (LATAM) New Energy Vehicle TIC Services Market, Revenues & Volume, By Sourcing Type, 2021 - 2031 |
8.5 Latin America (LATAM) New Energy Vehicle TIC Services Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) New Energy Vehicle TIC Services Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
8.7 Latin America (LATAM) New Energy Vehicle TIC Services Market, Revenues & Volume, By Industry, 2021 - 2031 |
9 Asia New Energy Vehicle TIC Services Market, Overview & Analysis |
9.1 Asia New Energy Vehicle TIC Services Market Revenues & Volume, 2021 - 2031 |
9.2 Asia New Energy Vehicle TIC Services Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia New Energy Vehicle TIC Services Market, Revenues & Volume, By Services Type, 2021 - 2031 |
9.4 Asia New Energy Vehicle TIC Services Market, Revenues & Volume, By Sourcing Type, 2021 - 2031 |
9.5 Asia New Energy Vehicle TIC Services Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia New Energy Vehicle TIC Services Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
9.7 Asia New Energy Vehicle TIC Services Market, Revenues & Volume, By Industry, 2021 - 2031 |
10 Africa New Energy Vehicle TIC Services Market, Overview & Analysis |
10.1 Africa New Energy Vehicle TIC Services Market Revenues & Volume, 2021 - 2031 |
10.2 Africa New Energy Vehicle TIC Services Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa New Energy Vehicle TIC Services Market, Revenues & Volume, By Services Type, 2021 - 2031 |
10.4 Africa New Energy Vehicle TIC Services Market, Revenues & Volume, By Sourcing Type, 2021 - 2031 |
10.5 Africa New Energy Vehicle TIC Services Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa New Energy Vehicle TIC Services Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
10.7 Africa New Energy Vehicle TIC Services Market, Revenues & Volume, By Industry, 2021 - 2031 |
11 Europe New Energy Vehicle TIC Services Market, Overview & Analysis |
11.1 Europe New Energy Vehicle TIC Services Market Revenues & Volume, 2021 - 2031 |
11.2 Europe New Energy Vehicle TIC Services Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe New Energy Vehicle TIC Services Market, Revenues & Volume, By Services Type, 2021 - 2031 |
11.4 Europe New Energy Vehicle TIC Services Market, Revenues & Volume, By Sourcing Type, 2021 - 2031 |
11.5 Europe New Energy Vehicle TIC Services Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe New Energy Vehicle TIC Services Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
11.7 Europe New Energy Vehicle TIC Services Market, Revenues & Volume, By Industry, 2021 - 2031 |
12 Middle East New Energy Vehicle TIC Services Market, Overview & Analysis |
12.1 Middle East New Energy Vehicle TIC Services Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East New Energy Vehicle TIC Services Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey New Energy Vehicle TIC Services Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East New Energy Vehicle TIC Services Market, Revenues & Volume, By Services Type, 2021 - 2031 |
12.4 Middle East New Energy Vehicle TIC Services Market, Revenues & Volume, By Sourcing Type, 2021 - 2031 |
12.5 Middle East New Energy Vehicle TIC Services Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East New Energy Vehicle TIC Services Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
12.7 Middle East New Energy Vehicle TIC Services Market, Revenues & Volume, By Industry, 2021 - 2031 |
13 Global New Energy Vehicle TIC Services Market Key Performance Indicators |
14 Global New Energy Vehicle TIC Services Market - Export/Import By Countries Assessment |
15 Global New Energy Vehicle TIC Services Market - Opportunity Assessment |
15.1 Global New Energy Vehicle TIC Services Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global New Energy Vehicle TIC Services Market Opportunity Assessment, By Services Type, 2021 & 2031F |
15.3 Global New Energy Vehicle TIC Services Market Opportunity Assessment, By Sourcing Type, 2021 & 2031F |
15.4 Global New Energy Vehicle TIC Services Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global New Energy Vehicle TIC Services Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
15.6 Global New Energy Vehicle TIC Services Market Opportunity Assessment, By Industry, 2021 & 2031F |
16 Global New Energy Vehicle TIC Services Market - Competitive Landscape |
16.1 Global New Energy Vehicle TIC Services Market Revenue Share, By Companies, 2024 |
16.2 Global New Energy Vehicle TIC Services Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |