The testing, inspection, and certification market face certain challenges like trade wars and growth fluctuations, a huge investment for automation and installation of industrial safety systems, high cost of TIC owing to diverse standards and regulations globally, and a decrease in the sale of vehicles globally due to COVID-19 pandemic. Moreover, there are certainly more challenges faced by the automotive industry such as the long lead time required for overseas qualification tests, compliance to CSR, lack of testing facilities and skilled personnel may hamper the growth of the TIC market.