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Showing posts with the label Mexico automotive testing market share

Mexico’s Automotive TIC Market Set to Double by 2030

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The Mexico automotive testing market is projected to grow at a compound annual growth rate (CAGR) of 3.7% from 2023 to 2030. This upward trend is driven by increasingly stringent vehicle emissions and safety standards, expanding demand for electric vehicle (EV) testing, and growing adoption of advanced Testing, Inspection, and Certification (TIC) services in the country. Mexico plays a strategic role in the global automotive supply chain, and as vehicle production accelerates, so does the demand for high-quality testing to ensure compliance, performance, and safety.  To Get Free Sample Report :       https://www.datamintelligence.com/download-sample/mexico-automotive-testing-market Key Market Drivers 1. Stricter Emission and Safety Regulations Mexico has tightened its regulatory framework in alignment with global standards, enforcing rigorous emissions controls and safety mandates. This includes the enforcement of soot-free vehicle emission norms and more stringen...