Global Testing, Inspection, and Certification (TIC) Market

Market Overview:
The Global Testing, Inspection, and Certification (TIC) Market was valued at USD 182.02 billion in 2016 and is projected to reach USD 287.50 billion by 2025, growing at a CAGR of 5.21% from 2017 to 2025.

The testing, inspection & certification is the process adopted by end-user sector to ensure safety, maintenance, and quality in consumer 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.

Sample Infographics:



Market Dynamics:
1. Market Drivers
1.1 Emergence of fragmented markets
1.2 Emerging outsourced TIC services
1.3 Increasing consumption of goods in developing countries
1.4 Growing incidents of product recall globally
1.5 Stringent government regulations and standards
1.6 Rise in global counterfeiting and privacy activities
2. Market Restraints
2.1 High lead-time for overseas qualification tests
2.2 High complexity global supply chain functionalities
2.3 Divergent standards and regulations across geographies

Market Segmentation:
The Global Testing, Inspection, and Certification (TIC) Market is segmented on the Sourcing Type, Service Type, vertical, and region.

1. Sourcing Type:
1.1 Outsourced
1.2 In-house

2. By Service Type:
2.1 Inspection Services
2.2 Testing Services
2.3 Certification Services
2.4 Others

3. By Vertical:
3.1 Public Sector
3.2 Transportation
3.3 Supply Chain & Logistics
3.4 Consumer Goods & Retail
3.5 Agriculture & Food
3.6 Energy & Power
3.7 Mining
3.8 Chemicals
3.9 Construction & Infrastructure
3.10 Industrial & Manufacturing
3.11 Medical & Life Sciences
3.12 Oil & Gas and Petroleum

4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Bureau Veritas
2. Intertek
3. TUV SUD
4. Dekra
5. ALS
6. Lloyd's Register
7. Applus
8. Element Materials Technology
9. TUV Nord
10. DNV GL
11. TUV Rheinland
12. SGS
13. UL
14. Eurofins Scientific
15. Mistras

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Testing, Inspection, and Certification (TIC) Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework

5 GLOBAL TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET , BY SOURCING TYPE
5.1 Overview
5.2 Outsourced
5.3 In-house

6 GLOBAL TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET , BY SERVICE TYPE
6.1 Overview
6.2 Inspection Services
6.3 Testing Services
6.4 Certification Services
6.5 Others

7 GLOBAL TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET , BY VERTICAL
7.1 Overview
7.2 Public Sector
7.3 Transportation
7.4 Supply Chain & Logistics
7.5 Consumer Goods & Retail
7.6 Agriculture & Food
7.7 Energy & Power
7.8 Mining
7.9 Chemicals
7.10 Construction & Infrastructure
7.11 Industrial & Manufacturing
7.12 Medical & Life Sciences
7.13 Oil & Gas and Petroleum

8 GLOBAL TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET , BY GEOGRAPHY
8.1 Overview
8.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
8.5.1 Brazil
8.5.2 Argentina
8.6 Rest of the World Regional Market Estimates and Forecasts, 2012 - 2025

9 GLOBAL TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Vendor Landscape
9.4 Key Development Strategies

10 COMPANY PROFILES
10.1 Bureau Veritas
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments

10.2 Intertek
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments

10.3 TUV SUD
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments

10.4 Dekra
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments

10.5 ALS
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments

10.6 Lloyd's Register
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments

10.7 Applus
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments

10.8 Element Materials Technology
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments

10.9 TUV Nord
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments

10.10 DNV GL
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments

10.11 TUV Rheinland
10.11.1 Overview
10.11.2 Financial Performance
10.11.3 Product Outlook
10.11.4 Key Developments
10.12 SGS
10.12.1 Overview
10.12.2 Financial Performance
10.12.3 Product Outlook
10.12.4 Key Developments

10.13 UL
10.13.1 Overview
10.13.2 Financial Performance
10.13.3 Product Outlook
10.13.4 Key Developments

10.14 Eurofins Scientific
10.14.1 Overview
10.14.2 Financial Performance
10.14.3 Product Outlook
10.14.4 Key Developments

10.15 Mistras
10.15.1 Overview
10.15.2 Financial Performance
10.15.3 Product Outlook
10.15.4 Key Developments

11 Appendix
11.1 Related Reports

Global Cyclospora Diagnostic Testing Market Research Report 2019-2023

Published Date : Jul 2019

Cyclospora infection is diagnosed by examining stool specimens. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Cyclospora Diagnostic Testing Report by Material, and Geography - Global Forecast to 2023 is a professiona...

Global Non Destructive Testing (NDT) Equipment Market Research Report 2019-2023

Published Date : Jul 2019

Nondestructive testing or Non-destructive testing (NDT) is a wide group of analysis techniques used in science and technology industry to evaluate the properties of a material, component or system without causing damage. In the context of China-US trade war and global economic volatility and uncerta...

Global Industrial X-ray Inspection Systems Market Research Report 2019-2023

Published Date : Jul 2019

Industrial X-ray Inspection Systems is a method of non-destructive testing where many types of manufactured components can be examined to verify the internal structure and integrity of the specimen. In the context of China-US trade war and global economic volatility and uncertainty, it will have a b...

Global K-12 Testing and Assessment Market Research Report 2019-2023

Published Date : Jul 2019

K-12 Testing and Assessment includes the types of Curriculum-Based Testing, Non-Curriculum-Based Testing. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. K-12 Testing and Assessment Report by Material, Application, and...

Global Certification Management Software Market Research Report 2019-2023

Published Date : Jul 2019

Certification Management Software is widely used in Small and Medium Enterprises (SMEs), Large Enterprises, etc. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Certification Management Software Report by Material, App...

Global Component Testing and Screening Market Research Report 2019-2023

Published Date : Jul 2019

Component testing is also known as module and program testing. It finds the defects in the module and verifies the functioning of software. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Component Testing and Screenin...

Global Automatic Optical Inspection Market Research Report 2019-2023

Published Date : Jul 2019

Automated optical inspection (AOI) is an automated visual inspection of printed circuit board manufacture where a camera autonomously scans the device under test for both catastrophic failure and quality defects. In the context of China-US trade war and global economic volatility and uncertainty, it...

Global Visual Inspection Technology Market Research Report 2019-2023

Published Date : Jul 2019

Visual inspection is to use the machine instead of the human eye to make measurements and judgments. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Visual Inspection Technology Report by Material, and Geography - Glob...

Global Specimen Validity Testing Market Research Report 2019-2023

Published Date : Jul 2019

Specimen validity testing (SVT) often called testing for nitrates or Test Sure (TS) is is performed on a drug screen specimen to detect substitution, adulteration, or dilution. In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this m...

Global Pre-Pregnancy Genetic Testing Market Report 2019 - History, Present and Future

Published Date : Apr 2019

The global market size of Pre-Pregnancy Genetic Testing is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024. Global Pre-Pregnancy Genetic Testing Market Report 2019 - Market Size, Share, P...

 

Select License :

  • Single User : $3950
  • Multiple User : $4750
  • Corporate User : $6750

Happy To Assist You

Assist you at Worldwide Market Reports

We will be happy to help you find what you need. Please call us or write to us:

Worldwide Market Reports Benefits

Custom Research Solution

Talk to our research consultant to design an exclusive report as per your research needs.

Customer Fulfilment

We aim to fulfil client's research demands with tailored research solutions.

Quick Turnaround Time Reports

We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

360-degree Approach

We cover each industry from supply and demand side with an aim to provide a most holistic research study.