Testing Inspection and Certification (TIC) Market Research Report- Global Forecast to 2030

Testing Inspection and Certification (TIC) Market, By Sourcing Type (Outsourcing, In-house), Service Type (Testing, Inspection, Certification), End-User (Automotive, Textile, Aerospace, Oil & gas, petroleum, Food & Beverage), Application (Commercial, Industrial) - Forecast till 2030

ID: MRFR/ICT/1415-CR | February 2020 | Region: Global | 100 Pages         

1 Market Introduction

2 Executive Summary

2.1 Market Drivers

2.1.1 Increased Demand In Automotive Testing

2.1.2 Increasing TIC In Medical Equipment Industry

2.1.3 Increased Usage Of FMCG

2.1.4 Government Health And Safety Policy At Workplace

2.2 Market Restraints

2.2.1 Lack Of Global Certification Standards

2.2.2 Lack Of Skilled Personnel

3 Testing, Inspection And Certification (TIC) Market

3.1 Introduction

3.2 Market Statistics

3.2.1 By Sourcing Type

3.2.1.1 Outsourcing

3.2.1.2 In-House

3.2.2 By Service Type

3.2.2.1 Testing Service

3.2.2.2 Inspection Service

3.2.2.3 Certification Service

3.2.2.4 Others

3.2.3 By End-User

3.2.3.1 Automotive

3.2.3.2 Textile

3.2.3.3 Aerospace

3.2.3.4 Oil & Gas

3.2.3.5 Petroleum

3.2.3.6 Food &Beverages

3.2.3.7 Others

3.2.4 By Application

3.2.4.1 Commercial

3.2.4.2 Industrial

3.2.5 By Region

3.2.5.1 North America

3.2.5.1.1 U.S.

3.2.5.1.2 Canada

3.2.5.1.3 Mexico

3.2.5.2 Europe

3.2.5.2.1 Germany

3.2.5.2.2 U.K.

3.2.5.2.3 France

3.2.5.2.4 Rest Of Europe

3.2.5.3 Asia-Pacific

3.2.5.3.1 China

3.2.5.3.2 Japan

3.2.5.3.3 India

3.2.5.3.4 Rest Of Asia- Pacific

3.2.5.4 Rest Of The World

3.2.5.4.1 Middle East & Africa

3.2.5.4.2 Latin America

3.2.5.4.3 Brazil

3.2.5.4.4 Argentina

3.2.5.4.5 Chile

3.2.5.4.6 Colombia

3.2.5.4.7 Rest Of Latin America

4 Company Profiles

4.1 Market Share Analysis

4.2 Company Profile

4.2.1 SGS Group (Switzerland)

4.2.1.1 Business Overview

4.2.1.2 Product/Service Portfolio

4.2.1.3 Business Strategy

4.2.1.4 SWOT Analysis

4.2.2 Bureau Veritas SA (France)

4.2.2.1 Business Overview

4.2.2.2 Product/Service Portfolio

4.2.2.3 Business Strategy

4.2.2.4 SWOT Analysis

4.2.3 Dekra Certification GmbH (Germany)

4.2.3.1 Business Overview

4.2.3.2 Product/Service Portfolio

4.2.3.3 Business Strategy

4.2.3.4 SWOT Analysis

4.2.4 Intertek Group Plc. (U.K.)

4.2.4.1 Business Overview

4.2.4.2 Product/Service Portfolio

4.2.4.3 Business Strategy

4.2.4.4 SWOT Analysis

4.2.5 ALS Limited (Australia)

4.2.5.1 Business Overview

4.2.5.2 Product/Service Portfolio

4.2.5.3 Business Strategy

4.2.5.4 SWOT Analysis

4.2.6 ASTM International (U.S.)

4.2.6.1 Business Overview

4.2.6.2 Product/Service Portfolio

4.2.6.3 Business Strategy

4.2.6.4 SWOT Analysis

4.2.7 BSI Group (U.K.)

4.2.7.1 Business Overview

4.2.7.2 Product/Service Portfolio

4.2.7.3 Business Strategy

4.2.7.4 SWOT Analysis

4.2.8 SAI Global Limited (Australia)

4.2.8.1 Business Overview

4.2.8.2 Product/Service Portfolio

4.2.8.3 Business Strategy

4.2.8.4 SWOT Analysis

4.2.9 MISTRAS Group, Inc.(U.S.)

4.2.9.1 Business Overview

4.2.9.2 Product/Service Portfolio

4.2.9.3 Business Strategy

4.2.9.4 SWOT Analysis

4.2.10 UL LLC (U.S.)

4.2.10.1 Business Overview

4.2.10.2 Product/Service Portfolio

4.2.10.3 Business Strategy

5 Appendix

5.1 Scope Of The Study

5.1.1 Research Objective

5.1.2 Assumption

6 Research Methodologies

6.1 Research Process

6.2 Primary Research

6.3 Secondary Research

6.4 Market Size Estimation

6.5 Forecast Model

 

7 List Of Tables

TABLE 1 GLOBAL TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 2 GLOBAL TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 3 GLOBAL TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 4 GLOBAL TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 5 GLOBAL TIC MARKET, BY REGION (USD MILLION) (2020-2027)

TABLE 6 NORTH AMERICA TIC MARKET, BY COUNTRY (USD MILLION) (2020-2027)

TABLE 7 NORTH AMERICA TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027

TABLE 8 NORTH AMERICA TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 9 NORTH AMERICA TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 10 NORTH AMERICA TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 11 U.S. TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 12 U.S. TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 13 U.S. TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 14 U.S. TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 15 CANADA TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 16 CANADA TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 17 CANADA TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 18 CANADA TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 19 MEXICO TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 20 MEXICO TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 21 MEXICO TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 22 MEXICO TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 23 EUROPE TIC MARKET, BY COUNTRY (USD MILLION) (2020-2027)

TABLE 24 EUROPE TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 25 EUROPE TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 26 EUROPE TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 27 EUROPE TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 28 GERMANY TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 29 GERMANY TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 30 GERMANY TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 31 GERMANY TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 32 U.K. TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 33 U.K. TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 34 U.K. TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 35 U.K. TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 36 FRANCE TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 37 FRANCE TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 38 FRANCE TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 39 FRANCE TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 40 REST OF EUROPE TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 41 REST OF EUROPE TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 42 REST OF EUROPE TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 43 REST OF EUROPE TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 44 ASIA PACIFIC TIC MARKET, BY COUNTRY (USD MILLION) (2020-2027)

TABLE 45 ASIA PACIFIC TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 46 ASIA PACIFIC TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 47 ASIA PACIFIC TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 48 CHINA TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 49 CHINA TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 50 CHINA TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 51 CHINA TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 52 JAPAN TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 53 JAPAN TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 54 JAPAN TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 55 JAPAN TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 56 INDIA TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 57 INDIA TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 58 INDIA TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 59 INDIA TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 60 REST OF ASIA- PACIFIC TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 61 REST OF ASIA- PACIFIC TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 62 REST OF ASIA- PACIFIC TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 63 REST OF ASIA- PACIFIC TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 64 REST OF THE WORLD TIC MARKET, BY REGION (USD MILLION) (2020-2027)

TABLE 65 REST OF THE WORLD TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 66 REST OF THE WORLD TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 67 REST OF THE WORLD TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 68 REST OF THE WORLD TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 69 MIDDLE EAST & AFRICA TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 70 MIDDLE EAST & AFRICA TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 71 MIDDLE EAST & AFRICA TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 72 MIDDLE EAST & AFRICA TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 73 LATIN AMERICA TIC MARKET, BY COUNTRY (USD MILLION) (2020-2027)

TABLE 74 LATIN AMERICA TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 75 LATIN AMERICA TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 76 LATIN AMERICA TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 77 LATIN AMERICA TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 78 BRAZIL TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 79 BRAZIL TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 80 BRAZIL TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 81 BRAZIL TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 82 ARGENTINA TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 83 ARGENTINA TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 84 ARGENTINA TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 85 ARGENTINA TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 86 CHILE TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 87 CHILE TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 88 CHILE TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 89 CHILE TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 90 COLOMBIA TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 91 COLOMBIA TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 92 COLOMBIA TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 93 COLOMBIA TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 94 REST OF LATIN AMERICA TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

TABLE 95 REST OF LATIN AMERICA TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

TABLE 96 REST OF LATIN AMERICA TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

TABLE 97 REST OF LATIN AMERICA TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

TABLE 98 MARKET SHARE ANALYSIS, 2016 (%)

 

8 List Of Figures

FIGURE 1 GLOBAL TIC MARKET DRIVERS AND RESTRAINTS

FIGURE 2 GLOBAL TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 3 GLOBAL TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 4 GLOBAL TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 5 GLOBAL TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 6 GLOBAL TIC MARKET, BY REGION (USD MILLION) (2020-2027)

FIGURE 7 NORTH AMERICA TIC MARKET, BY COUNTRY (USD MILLION) (2020-2027)

FIGURE 8 NORTH AMERICA TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 9 NORTH AMERICA TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 10 NORTH AMERICA TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 11 NORTH AMERICA TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 12 U.S. TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 13 U.S. TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 14 U.S. TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 15 U.S. TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 16 CANADA TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 17 CANADA TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 18 CANADA TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 19 CANADA TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 20 MEXICO TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 21 MEXICO TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 22 MEXICO TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 23 MEXICO TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 24 EUROPE TIC MARKET, BY COUNTRY (USD MILLION) (2020-2027)

FIGURE 25 EUROPE TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 26 EUROPE TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 27 EUROPE TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 28 EUROPE TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 29 GERMANY TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 30 GERMANY TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 31 GERMANY TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 32 GERMANY TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 33 U.K. TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 34 U.K. TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 35 U.K. TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 36 U.K. TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 37 FRANCE TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 38 FRANCE TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 39 FRANCE TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 40 FRANCE TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 41 REST OF EUROPE TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 42 REST OF EUROPE TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 43 REST OF EUROPE TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 44 REST OF EUROPE TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 45 ASIA PACIFIC TIC MARKET, BY COUNTRY (USD MILLION) (2020-2027)

FIGURE 46 ASIA PACIFIC TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 47 ASIA PACIFIC TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 48 ASIA PACIFIC TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 49 ASIA PACIFIC TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 50 ASIA PACIFIC TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 51 CHINA TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 52 CHINA TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 53 CHINA TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 54 CHINA TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 55 JAPAN TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 56 JAPAN TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 57 JAPAN TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 58 JAPAN TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 59 INDIA TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 60 INDIA TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 61 INDIA TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 62 INDIA TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 63 REST OF ASIA- PACIFIC TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 64 REST OF ASIA- PACIFIC TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 65 REST OF ASIA- PACIFIC TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 66 REST OF ASIA- PACIFIC TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 67 REST OF THE WORLD TIC MARKET, BY REGION (USD MILLION) (2020-2027)

FIGURE 68 REST OF THE WORLD TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 69 REST OF THE WORLD TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 70 REST OF THE WORLD TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 71 REST OF THE WORLD TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 72 MIDDLE EAST & AFRICA TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 73 MIDDLE EAST & AFRICA TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 74 MIDDLE EAST & AFRICA TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 75 MIDDLE EAST & AFRICA TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 76 LATIN AMERICA TIC MARKET, BY COUNTRY (USD MILLION) (2020-2027)

FIGURE 77 LATIN AMERICA TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 78 LATIN AMERICA TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 79 LATIN AMERICA TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 80 LATIN AMERICA TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 81 BRAZIL TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 82 BRAZIL TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 83 BRAZIL TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 84 BRAZIL TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 85 ARGENTINA TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 86 ARGENTINA TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 87 ARGENTINA TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 88 ARGENTINA TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 89 CHILE TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 90 CHILE TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 91 CHILE TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 92 CHILE TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 93 COLOMBIA TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 94 COLOMBIA TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 95 COLOMBIA TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 96 COLOMBIA TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 97 REST OF LATIN AMERICA TIC MARKET, BY SOURCING TYPE (USD MILLION) (2020-2027)

FIGURE 98 REST OF LATIN AMERICA TIC MARKET, BY SERVICE TYPE (USD MILLION) (2020-2027)

FIGURE 99 REST OF LATIN AMERICA TIC MARKET, BY END-USER (USD MILLION) (2020-2027)

FIGURE 100 REST OF LATIN AMERICA TIC MARKET, BY APPLICATION (USD MILLION) (2020-2027)

FIGURE 101 MARKET SHARE ANALYSIS, 2020 (%)

FIGURE 102 MRFR RESEARH PROCESS

Testing Inspection and Certification (TIC) Market

The testing Inspection and Certification market will be valued at USD 89.68 Billion by 2030 | Growing at a CAGR of 5.60%.

$USD 89.68 Billion

Market Size


5.60%

CAGR


North America

Dominating Region

2020-2030

Forecast Period

Segmentation

Based on the Sourcing Type Outsourcing In House
Based on the Service Type Testing Services Inspection Services Services Of Certification
Based on the End Users Oil And Gas Automotive Textile Aerospace Petroleum Food
Based on the Application Commercial Industrial

Key Players

  • Bureau Veritas SA (France)
  • SGS Group (Switzerland)
  • Dekra Certification GmbH (Germany)
  • ALS Limited (Australia)
  • Intertek Group plc (the U.K.)
  • ASTM International (U.S.)
  • SAI Global Limited (Australia)
  • BSI Group (U.K.)
  • UL LLC (U.S.)
  • MISTRAS Group Inc. (U.S.)

Drivers

  • Food and beverages
  • textile
  • and pharmaceuticals which are escalating the growth of the Testing Inspection and Certification Market on the global platform
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Testing Inspection and Certification Market Overview:


Testing Inspection and Certification market is expected to reach USD 89.68 Billion by 2030, growing at a CAGR of 5.60%. If you're wondering what the testing, inspection, and certification market are all about, then here's the answer. TIC is a simple process adopted by the end-users sector to ensure safety and maintenance. Safety maintenance, as well as quality and consumer products, are provided by the TIC market. The TIC market plays an essential role which helps increasing productivity by meeting the product quality with international standards and guidelines. During recent years health regulatory norms, quality, and safety have almost become a strict factor to look upon. These factors thereby affect the Global import as well as export business. Developing countries and region’s imports have to pass through strong quality and safety testing procedures otherwise the product is simply rejected. Out of the large labor force in India, only 4% are the skilled workforce and many of them are without any professional skills.

Testing Inspection and Certification Market Covid 19 Analysis:
Due to the current situation of coronavirus the small, medium, and large businesses are affected. Due to the complete shutdown manufacturing units were drastically affected. Lack of workers and government policies dragged the market down during the year 2020.


Out of the large labor force in India, only 5% are the skilled workforce and many of them are without any professional skills.

Testing Inspection and Certification Market Dynamics:

Drivers:
The factors that affect the growth of the TIC market are strong industry fundamentals and strong regulations in end-user sectors. Factors involve food and beverages, textile, and pharmaceuticals which are escalating the growth of the market on the global platform. And this is the factor that creates a massive demand for all these services. Other factors involve quality and safety testing procedure tests which have to be passed to import products to a developing region or a country. If these tests are not passed the product is simply rejected. This is what promotes the demand for testing, inspection, and certification processes in most of the manufacturing sectors. These factors directly influence the growth of the TIC market.

Opportunities:
The factors which are contributing to the opportunities of the TIC market are growing awareness amongst the people about food and beverages, quality testing amongst consumers which is generating considerable demand for these services. In addition to this, there are growing manufacturing units in emerging countries such as China, India, and Singapore. These industries make sure that testing, inspection, and certification processes are followed strictly before launching a product into the market.

Restraints:
A few vectors that have affected the growth of the TIC market involved the lack of international standards of testing, inspection, and certification. In addition to this, some regions lack rules and regulation differentiation which is directly affecting the investments that are made by international players. Nonetheless, a larger number of transactions along with the high demand for services will support the growth of the TIC market. The original assessment proves that these restraints will be reduced in the upcoming future.

Value Chain Analysis:
TIC market benefits in providing safe and quality products. In addition to this consumers' health is protected through the maintenance of rules and regulations of food and beverages textiles and pharmaceuticals.

Testing Inspection and Certification Market Segmentation:
The different segmentations mentioned in the research report of the TIC market are based on the sourcing type, based on the service type, based on the end-users, based on the application, and based on the regions.

Based on the Sourcing Type:
Please do the source in type that TIC market is bifurcated into outsourcing and in-house.

Based on the Service Type:
The Global testing, inspection, and certification market are divided based on the service type into testing services, inspection services, and services of certification.

Based on the End Users:
Based on the end-users, the TIC market is divided into oil and gas, automotive, textile, aerospace, petroleum, and food and beverages among others.

Based on the Application:
The application segment of the TIC market is classified into commercial and industrial.

Based on the Region:
The original analysis went into the TIC market. It is divided into North America, Europe, Asia Pacific, and the rest of the world.

Testing Inspection and Certification Market Regional Analysis:
Based on region the TIC market is divided into North America, Europe, Asia Pacific, and the rest of the world.


The reason is that North America is set to dominate the global testing, inspection, and certification market. North America covers the largest market share due to factors such as the presence of the electronic sector, increased global trade, growth in the software, defense, and aviation industry.


The region of Europe is expected to show the second largest market growth. Following the region of North America, the factors that contribute to the testing, inspection, and certification market are the presence of high-tech automation division, extensive vehicle testing, and inspection services, automotive products availability, along the burgeoning automobile industry.


The reason Pacific is promising and hence shows some rapid growth shortly. This is due to the high demand for the services, stringent government regulations to ensure better health and strong security, the emergence of countries such as China in India, and end-user sectors fuelling.


Testing Inspection and Certification Market Competitive Landscape:
The prominent key players of the TIC market in the global market are mentioned down below-



  • Bureau Veritas SA (France)

  • SGS Group (Switzerland)

  • Dekra Certification GmbH (Germany)

  • ALS Limited (Australia)

  • Intertek Group plc. (the U.K.)

  • ASTM International (U.S.)

  • SAI Global Limited (Australia)

  • BSI Group (U.K.)

  • UL LLC (U.S.)

  • MISTRAS Group, Inc. (U.S.)


All these prominent key players play a major road in the dynamics and growth of the TIC market. These major key players opt for many strategies and policies to widen their customer base. These policies and strategies mainly include collaborations, mergers, acquisitions, extensions, joint ventures, establishments, new production processes, innovations, technology widening the existing products, partnerships, etc. All these important methods are opted to get the needs of customers and develop a strong potential growth base.


Testing Inspection and Certification Market Recent Developments:
Recent developments seen in the TIC market are- Advancements are made in the highly competitive and fragmented category due to the presence of several giant players which have a presence in the international and regional market. Growth and development in the field of product launch distinguished services and product offerings. More and more strategies are innovated with agreement and partnership, acquisition, and expansion. All these factors prevail strategies and contribute to the recent developments of the key players. Other factors include innovation in deal activity. In addition to this advancements are made in the growth opportunities with high potential that attract several entrants to join the bandwagon, This results in intensifying the market competition as well as growth.

Testing Inspection and Certification Market ReportOverview:
Testing Inspection and Certification Market Out of the large labor force in India, only 5% are the skilled workforce and many of them are without any professional skills.


The global TIC market in the global market research report consists of the following elements which are mentioned down below-



  • Market overview

  • Covid 19 analysis

  • Market dynamics

  • Value chain analysis

  • Market segmentation

  • Regional analysis

  • Competitive landscape

  • Recent developments


In the global TIC market research report, there are major factors that drive the growth of the market. The report consists of opportunities that may further in the future and hands the global market of the TIC. Various factors restrain the growth of sugar-free confectioneries and hamper the development of such a fine-based market. The research report also consists of various analyses based on Covid 19 impact market dynamics, different segmentations, regional analysis, etc. This research report also consists of various strategies and policies followed by the major key players that drive the TIC market. The future growth rate is also discussed and mentioned in this research report.  


 

Report Scope:
Report Attribute/Metric Details
  Market Size   USD 89.68 Billion
  CAGR   5.60%
  Base Year   2019
  Forecast Period   2020-2030
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Sourcing Type, End-User
  Geographies Covered   North America, Europe, Asia-Pacific
  Key Vendors   Bureau Veritas SA (France) SGS Group (Switzerland) Dekra Certification GmbH (Germany) ALS Limited (Australia) Intertek Group plc (the U.K.) ASTM International (U.S.) SAI Global Limited (Australia) BSI Group (U.K.) UL LLC (U.S.) MISTRAS Group Inc. (U.S.)
  Key Market Opportunities   In addition to this, there are growing manufacturing units in emerging countries such as China, India, and Singapore.
  Key Market Drivers   The factors that affect the growth of the TIC market are strong industry fundamentals and strong regulations in end-user sectors.


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Frequently Asked Questions (FAQ) :

The TIC market can thrive at 5.60% CAGR by 2022.

The TIC market can value at USD USD 89.68 Billion by 2030.

BSI Group (U.K), ASTM international (U.S.), Mistras Group (U.S.), and SAI Global Limited (Australia) are some reputed names in the TIC market.

The industrial end-user segment of the TIC market can generate revenue above USD 20 Bn by 2022.

The high adoption of test services of TIC can generate revenue above 21.63 Bn by 2022.