Testing Inspection and Certification market

Testing, Inspection and Certification (TIC) Market - Global Outlook and Forecast 2022-2028

  • 24 January 2022
  • ICT & Media
  • 108 Pages
  • Report code : PMR-6798313

  • 4.7 (158)

Testing Inspection and Certification Market

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Companies provide inspection, verification, testing and certification services and related support functions such as auditing, consulting and training. The purpose of these services is to increase productivity, help local manufacturers meet global standards, manage risk, and improve the quality, safety and compliance of a company?s products and services.

The primary role of testing, inspection, and certification is to ensure the maintenance of the health, safety, and quality requirements products. Testing, inspection, and certification companies are engaged in inspection, verification, testing and certification services to help increase productivity and also help local manufacturers comply with the global standards.
Testing Inspection and Certification Market contains market size and forecasts of Testing, Inspection and Certification (TIC) in Global, including the following market information:
Global Testing, Inspection and Certification (TIC) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Testing, Inspection and Certification (TIC) market was valued at 115550 million in 2021 and is projected to reach US$ 158240 million by 2028, at a CAGR of 4.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Mandatory Testing, Inspection and Certification Services Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Testing, Inspection and Certification (TIC) include SGS, Bureau Veritas, Eurofins Scientific, Intertek, Dekra, TUV SUD, T?V Rheinland, Applus and DNV GL, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Testing, Inspection and Certification (TIC) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Testing, Inspection and Certification (TIC) Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Testing, Inspection and Certification (TIC) Market Segment Percentages, by Type, 2021 (%)
Mandatory Testing, Inspection and Certification Services
Market Testing, Inspection and Certification Services
Global Testing, Inspection and Certification (TIC) Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Testing, Inspection and Certification (TIC) Market Segment Percentages, by Application, 2021 (%)
Food
Energy
Consumer Goods
Automotive
Manufacturing
Infrastructure and Railways
Others
Global Testing, Inspection and Certification (TIC) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Testing, Inspection and Certification (TIC) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Testing, Inspection and Certification (TIC) revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Testing, Inspection and Certification (TIC) revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
SGS
Bureau Veritas
Eurofins Scientific
Intertek
Dekra
TUV SUD
T?V Rheinland
Applus
DNV GL
ALS Global
TUV NORD
UL Services
Lloyd?s Register
CCIC
SIRIM QAS
Guangzhou GRG Metrology &Test co.Ltd

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