Market Trends of Germany Testing, Inspection And Certification Industry
Certification to be the Fastest Growing Type of Service
- Infrastructure, construction, automotive, and other industries are anticipated to open the door for market expansion in the certification segment, making it the category with the fastest projected growth.
- Many organizations choose to engage independent third parties to review their policies, controls, procedures, and systems. Third-party certification is a written assurance provided by an independent body that an organization's policies, controls, procedures, or systems, as applicable, meet a given defined requirement or standard. The ISO/IEC 27001 family of standards covering information security management systems is a well-known example of such standards.
- Manufacturers of various goods and accessories are legally required to obtain approval and certification before their items are sold on the market. In order to get access to important markets, producers are required to test their goods to ensure that they adhere to the regionally established product standards.
- The region's market growth is boosted by the introduction of new certification programs. According to the industry association DEKRA, it is now permitted to evaluate and accredit vapour recovery equipment. The newly created DEKRA Test Centre for Vapour Recovery Systems was formally inaugurated in June 2023. In compliance with DIN EN 16321-1:2013-12, DEKRA, a market leader in petrol station testing, now conducts type testing for manufacturers of fuel station systems.
- Additionally, in July 2022, the German firm Method Park, which specializes in software solutions, process engineering, training, and consultancy services for the automotive, aerospace, and medical industries, was acquired by UL LLC, a global provider of safety certification services. The acquisition increases UL LLC's capacity to help clients advance innovative safety, corporate change, and regulatory and standards compliance.
- The demand for connected and autonomous vehicles is on the rise, there is a need for compliance with regulations, and new technologies and systems are being developed. These factors, along with the increase in automotive manufacturing, are expected to drive strong growth for Certification Services in Germany.
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Automotive Sector is Expected to Witness Significant Growth
- The recovery in automotive manufacturing and trends like electric vehicles and autonomous cars are some of the significant factors driving the demand for TIC in the German automotive industry. Furthermore, growth in safety technologies such as advanced driver-assistance systems (ADAS) and vehicles using sensors, cameras, and laser scanners, among others, will further create massive growth opportunities for the studied market vendors in the coming years.
- Germany is a major automotive hub globally due to the presence of major automotive and OEM manufacturing companies such as Robert Bosch GmbH, Volkswagen AG, and Daimler AG. Consistent development of vehicle-to-vehicle, vehicle-to-infrastructure, and in-vehicle entertainment technologies is expected to drive the studied market during the forecast period.
- Currently, testing related to EVs is going beyond homologation testing for the vehicles and their components. It covers the charging interfaces and the associated systems that help the vehicles, charging stations, and back-office systems communicate with one another.
- Moreover, the increased integration of wireless and network technologies is enabling connectivity services in today's generation of vehicles. Currently, many new cars in the region come equipped with onboard diagnostics, cellular services such as eCall, and assistance agents. In the future, new connected car services and automation are expected to increase comfort and safety even further. However, this will also place additional demands on testing and certification.
Germany Electrical & Electronics Testing, Inspection and Certification Market Report Snapshots
- Germany Electrical & Electronics Testing, Inspection and Certification Market Size
- Germany Electrical & Electronics Testing, Inspection and Certification Market Share
- Germany Electrical & Electronics Testing, Inspection and Certification Market Trends
- Germany Electrical & Electronics Testing, Inspection and Certification Companies
