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Vehicle Evaluation Services-Global Market Insights and Sales Trends 2025
Synopsis
Unlike a normal car inspection, a Vehicle Evaluation Service is more rigorous and thorough. It gives car buyers a better sense of a used car's overall condition before the purchase is completed.
The global Vehicle Evaluation Services market size is expected to reach US$ 757.4 million by 2029, growing at a CAGR of 5.8% from 2023 to 2029. The market is mainly driven by the significant applications of Vehicle Evaluation Services in various end use industries. The expanding demands from the Vehicle Rental, Second-hand Vehicle Sale, Insurance Claim and Others, are propelling Vehicle Evaluation Services market. Static Vehicle Checks, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Road Test segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Vehicle Evaluation Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Vehicle Evaluation Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Vehicle Evaluation Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Vehicle Evaluation Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Vehicle Evaluation Services covered in this report include TÜV Rheinland, AA Singapore, Carchex, Lemon Squad, VICOM Ltd, ARCHEX, AiM Mobile Inspections, True360 and Automobile Inspections LLC, etc.
The global Vehicle Evaluation Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
TÜV Rheinland
AA Singapore
Carchex
Lemon Squad
VICOM Ltd
ARCHEX
AiM Mobile Inspections
True360
Automobile Inspections LLC
BCAA
Global Vehicle Evaluation Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Vehicle Evaluation Services market, Segment by Type:
Static Vehicle Checks
Road Test
Global Vehicle Evaluation Services market, by Application
Vehicle Rental
Second-hand Vehicle Sale
Insurance Claim
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Vehicle Evaluation Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Unlike a normal car inspection, a Vehicle Evaluation Service is more rigorous and thorough. It gives car buyers a better sense of a used car's overall condition before the purchase is completed.
The global Vehicle Evaluation Services market size is expected to reach US$ 757.4 million by 2029, growing at a CAGR of 5.8% from 2023 to 2029. The market is mainly driven by the significant applications of Vehicle Evaluation Services in various end use industries. The expanding demands from the Vehicle Rental, Second-hand Vehicle Sale, Insurance Claim and Others, are propelling Vehicle Evaluation Services market. Static Vehicle Checks, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Road Test segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Vehicle Evaluation Services, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Vehicle Evaluation Services market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Vehicle Evaluation Services market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Vehicle Evaluation Services sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Vehicle Evaluation Services covered in this report include TÜV Rheinland, AA Singapore, Carchex, Lemon Squad, VICOM Ltd, ARCHEX, AiM Mobile Inspections, True360 and Automobile Inspections LLC, etc.
The global Vehicle Evaluation Services market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
TÜV Rheinland
AA Singapore
Carchex
Lemon Squad
VICOM Ltd
ARCHEX
AiM Mobile Inspections
True360
Automobile Inspections LLC
BCAA
Global Vehicle Evaluation Services market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Vehicle Evaluation Services market, Segment by Type:
Static Vehicle Checks
Road Test
Global Vehicle Evaluation Services market, by Application
Vehicle Rental
Second-hand Vehicle Sale
Insurance Claim
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Vehicle Evaluation Services companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Vehicle Evaluation Services
1.1 Vehicle Evaluation Services Market Overview
1.1.1 Vehicle Evaluation Services Product Scope
1.1.2 Vehicle Evaluation Services Market Status and Outlook
1.2 Global Vehicle Evaluation Services Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Vehicle Evaluation Services Market Size by Region (2018-2029)
1.4 Global Vehicle Evaluation Services Historic Market Size by Region (2018-2023)
1.5 Global Vehicle Evaluation Services Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Vehicle Evaluation Services Market Size (2018-2029)
1.6.1 North America Vehicle Evaluation Services Market Size (2018-2029)
1.6.2 Europe Vehicle Evaluation Services Market Size (2018-2029)
1.6.3 Asia-Pacific Vehicle Evaluation Services Market Size (2018-2029)
1.6.4 Latin America Vehicle Evaluation Services Market Size (2018-2029)
1.6.5 Middle East & Africa Vehicle Evaluation Services Market Size (2018-2029)
2 Vehicle Evaluation Services Market by Type
2.1 Introduction
2.1.1 Static Vehicle Checks
2.1.2 Road Test
2.2 Global Vehicle Evaluation Services Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Vehicle Evaluation Services Historic Market Size by Type (2018-2023)
2.2.2 Global Vehicle Evaluation Services Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Vehicle Evaluation Services Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Vehicle Evaluation Services Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Vehicle Evaluation Services Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Vehicle Evaluation Services Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Vehicle Evaluation Services Revenue Breakdown by Type (2018-2029)
3 Vehicle Evaluation Services Market Overview by Application
3.1 Introduction
3.1.1 Vehicle Rental
3.1.2 Second-hand Vehicle Sale
3.1.3 Insurance Claim
3.1.4 Others
3.2 Global Vehicle Evaluation Services Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Vehicle Evaluation Services Historic Market Size by Application (2018-2023)
3.2.2 Global Vehicle Evaluation Services Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Vehicle Evaluation Services Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Vehicle Evaluation Services Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Vehicle Evaluation Services Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Vehicle Evaluation Services Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Vehicle Evaluation Services Revenue Breakdown by Application (2018-2029)
4 Vehicle Evaluation Services Competition Analysis by Players
4.1 Global Vehicle Evaluation Services Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Vehicle Evaluation Services as of 2022)
4.3 Date of Key Players Enter into Vehicle Evaluation Services Market
4.4 Global Top Players Vehicle Evaluation Services Headquarters and Area Served
4.5 Key Players Vehicle Evaluation Services Product Solution and Service
4.6 Competitive Status
4.6.1 Vehicle Evaluation Services Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 TÜV Rheinland
5.1.1 TÜV Rheinland Profile
5.1.2 TÜV Rheinland Main Business
5.1.3 TÜV Rheinland Vehicle Evaluation Services Products, Services and Solutions
5.1.4 TÜV Rheinland Vehicle Evaluation Services Revenue (US$ Million) & (2018-2023)
5.1.5 TÜV Rheinland Recent Developments
5.2 AA Singapore
5.2.1 AA Singapore Profile
5.2.2 AA Singapore Main Business
5.2.3 AA Singapore Vehicle Evaluation Services Products, Services and Solutions
5.2.4 AA Singapore Vehicle Evaluation Services Revenue (US$ Million) & (2018-2023)
5.2.5 AA Singapore Recent Developments
5.3 Carchex
5.3.1 Carchex Profile
5.3.2 Carchex Main Business
5.3.3 Carchex Vehicle Evaluation Services Products, Services and Solutions
5.3.4 Carchex Vehicle Evaluation Services Revenue (US$ Million) & (2018-2023)
5.3.5 Lemon Squad Recent Developments
5.4 Lemon Squad
5.4.1 Lemon Squad Profile
5.4.2 Lemon Squad Main Business
5.4.3 Lemon Squad Vehicle Evaluation Services Products, Services and Solutions
5.4.4 Lemon Squad Vehicle Evaluation Services Revenue (US$ Million) & (2018-2023)
5.4.5 Lemon Squad Recent Developments
5.5 VICOM Ltd
5.5.1 VICOM Ltd Profile
5.5.2 VICOM Ltd Main Business
5.5.3 VICOM Ltd Vehicle Evaluation Services Products, Services and Solutions
5.5.4 VICOM Ltd Vehicle Evaluation Services Revenue (US$ Million) & (2018-2023)
5.5.5 VICOM Ltd Recent Developments
5.6 ARCHEX
5.6.1 ARCHEX Profile
5.6.2 ARCHEX Main Business
5.6.3 ARCHEX Vehicle Evaluation Services Products, Services and Solutions
5.6.4 ARCHEX Vehicle Evaluation Services Revenue (US$ Million) & (2018-2023)
5.6.5 ARCHEX Recent Developments
5.7 AiM Mobile Inspections
5.7.1 AiM Mobile Inspections Profile
5.7.2 AiM Mobile Inspections Main Business
5.7.3 AiM Mobile Inspections Vehicle Evaluation Services Products, Services and Solutions
5.7.4 AiM Mobile Inspections Vehicle Evaluation Services Revenue (US$ Million) & (2018-2023)
5.7.5 AiM Mobile Inspections Recent Developments
5.8 True360
5.8.1 True360 Profile
5.8.2 True360 Main Business
5.8.3 True360 Vehicle Evaluation Services Products, Services and Solutions
5.8.4 True360 Vehicle Evaluation Services Revenue (US$ Million) & (2018-2023)
5.8.5 True360 Recent Developments
5.9 Automobile Inspections LLC
5.9.1 Automobile Inspections LLC Profile
5.9.2 Automobile Inspections LLC Main Business
5.9.3 Automobile Inspections LLC Vehicle Evaluation Services Products, Services and Solutions
5.9.4 Automobile Inspections LLC Vehicle Evaluation Services Revenue (US$ Million) & (2018-2023)
5.9.5 Automobile Inspections LLC Recent Developments
5.10 BCAA
5.10.1 BCAA Profile
5.10.2 BCAA Main Business
5.10.3 BCAA Vehicle Evaluation Services Products, Services and Solutions
5.10.4 BCAA Vehicle Evaluation Services Revenue (US$ Million) & (2018-2023)
5.10.5 BCAA Recent Developments
6 North America
6.1 North America Vehicle Evaluation Services Market Size by Country (2018-2029)
6.2 United States
6.3 Canada
7 Europe
7.1 Europe Vehicle Evaluation Services Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Vehicle Evaluation Services Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Vehicle Evaluation Services Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Vehicle Evaluation Services Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Vehicle Evaluation Services Market Dynamics
11.1 Vehicle Evaluation Services Industry Trends
11.2 Vehicle Evaluation Services Market Drivers
11.3 Vehicle Evaluation Services Market Challenges
11.4 Vehicle Evaluation Services Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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