Astute Analytica, a leading market research firm, has recently published its latest research report on the global Testing, Inspection, and Certification (TIC) Market for the period 2023 to 2031. This survey study provides a detailed analysis of key market trends and offers valuable insights into the prospects of the industry.
The global testing, inspection, and certification market was evaluated at USD 243.96 billion in 2022 and is estimated to reach a market size of USD 360.30 billion by 2031, at a CAGR of 4.56% from 2023-2031.
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The report serves as a bridge between qualitative and statistical data in the Testing, Inspection, and Certification (TIC) Market, presenting a comprehensive analysis of consumption and value historical data from 2023 to 2031, along with estimates for the future. It covers a wide range of topics, including supply-demand dynamics, market growth, improvement elements, business performance, economic indicators, and tactical suggestions. The report utilizes various statistical tools such as SWOT analysis, BCG analysis, and PESTLE analysis, presenting the data graphically for easy understanding.
In addition to providing data on market trends and developments, the study offers in-depth information on the evolution of the capital structure, technological advancements, and the capabilities of participants in the Testing, Inspection, and Certification (TIC) Market. It also highlights the strategies implemented in response to the current and future conditions of the industry.
Prominent Key Players
- ABS
- ALS LIMITED
- Apave International
- Applus+
- TUV SUD AG
- BSI
- Bureau Veritas S.A
- DEKRA SE
- DNV
- Eurofins Scientific
- MISTRAS Group
- SAI Global
- SGS S.A.
- Intertek Group PLC
- Other major players
Moreover, the report showcases the expansion potential of the Testing, Inspection, and Certification (TIC) Market for different product categories driven by crucial businesses. Each regional market is thoroughly examined to assess its growth, development, and future demand. The authors of the report provide detailed market potential estimates for major applications and identify emerging prospects.
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Furthermore, the report includes a detailed analysis of Testing, Inspection, and Certification (TIC) product sales in major countries worldwide, offering a segmented outlook for each of these nations from 2023 to 2031.
Segmentation Analysis
By Service Type
- Testing
- Inspection
- Certification
- Training
- Consultancy
By Solution Type
- In-house Services
- Outsource Services
By Application
- Quality and Safety
- Production Evaluation
- Industrial Inspection
- System Certification
- Others
By Industry
- Agriculture & Forest
- Building & Construction
- Chemicals
- Food & Beverage Processing
- Oil and Gas
- Energy & Utilities
- Water & Wastewater
- Education
- Pharmaceuticals & Cosmetics
- Automotive
- Transport & Tourism
- Others
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Western Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- Saudi Arabia
- South Africa
- UAE
- Rest of MEA
- South America
- Argentina
- Brazil
- Rest of South America
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