Testing Inspection Certification (TIC) Market Worldwide Industry Analysis, Future Demand and Forecast till 2028

The testing, inspection and certification market size was valued at USD 213.60 billion in 2021 and is expected to reach USD 349.27 billion by 2028, at a CAGR of 5.3% from 2022 to 2028. Testing, inspection, certification (TIC) is services ranging from audit and inspection to testing, verification, quality assurance and certification of product, equipment and more. These help to increase production efficiency to reduce errors by minimizing risks. ICT services are applicable in oil and gas, food industry, pharmaceuticals, chemical industry and other sectors.

Company Profile

• ALS Global
• ASTM
• BSI Group
• Bureau Veritas
• DEKRA
• DNV
• Intertek
• ISO
• Lloyds Register
• SAI Global

Market Segmentation

By Service Type

• Testing
• Inspection
• Certification

By Sourcing Type

• In House
• Outsource

By Application

• Quality and Safety
• Production Evaluation
• Industrial Inspection
• System Certification

Scope of the Report

The research study analyzes the Testing Inspection Certification (TIC) Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Testing Inspection Certification (TIC) Market Report

1. What was the Testing Inspection Certification (TIC) Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Testing Inspection Certification (TIC) Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Testing Inspection Certification (TIC) Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Key Benefits of Buying the Testing Inspection Certification (TIC) Market Report:

• Comprehensive analysis of the changing competitive landscape.
• Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
• The report offers an 8-year forecast and assessment of the Testing Inspection Certification (TIC)
• Helps in understanding the key product segments and their estimated growth rate.
• In-depth analysis of market drivers, restraints, trends, and opportunities.
• Comprehensive regional analysis of the Testing Inspection Certification (TIC)
• Extensive profiling of the key stakeholders of the business sphere.
• Detailed analysis of the factors influencing the growth of the Testing Inspection Certification (TIC) Market.