Market Share of Automotive TIC Industry
The market consists of several major players. In terms of market share, none of the players own a major chunk of market share, and thus the market is moving towards fragmentation. The competitors are coming up with different ways to demonstrate their dominance. Some of the major players operating in the market include Derka SE, TÜV SÜD, SGS Group, and Applus Services S.A.
- July 2021 - DEKRA was recognized by CharIN as one of the first test laboratories for interoperability certification of charging stations for electric vehicles. As a result, DEKRA can perform the Combined Charging System (CCS) Basic conformance tests and issue the CCS Basic certificate for charging stations, helping to improve interoperability in the field and significantly enhance the charging experience for users.
- June 2021 - Germany's Federal Motor Authority (KBA) designated TUV SUD as a Technical Service for cyber security and software updates in motor vehicles. This KBA designation is expected to enable TUV SUD to further expand its range of services catering to the design and development of connected and automated vehicles, thereby emphasizing its position as one of the leading third-party service providers in this important future industry.
Automotive TIC Market Leaders
TÜV SÜD
Applus Services, S.A
Dekra SE
SGS Group
Bureau Veritas Group
*Disclaimer: Major Players sorted in no particular order
