The Global Testing, Inspection and Certification Market is expected to be around US$ 347 Billion by 2027 at a CAGR of 5.2 % in the given forecast period.
TIC services play a vital role within the trade goods and retail sector which has tending and wonder merchandise, softlines, exhausting product and accessories, toys and juvenile merchandise, moreover as natural philosophy and alternative electrical merchandise. Within the tending business, makers, retailers, and importers got to guarantee product safety that has created vital demand for testing, inspection, certification, and quality assurance services.
Moreover, increasing awareness regarding safety of processed, and prepacked food merchandise within the food and beverages business is boosting the world testing, inspection, and certification market growth. The global testing, inspection, and certification market encompasses an extremely fragmented however intensely competed merchandiser landscape.
Such characteristic merchandiser landscape is due to the presence of enormous range of firms in operation within the market. several leading firms within the testing, inspection, and certification market are adopting aggressive business ways like takeovers and mergers to bolster their product portfolio. Additionally, to the present, new players within the market try to faucet the potential of rising economies to draw in new customers and strengthen their base in these markets.
The global Testing, Inspection and Certification market is segregated on the basis of Service as Testing, Inspection, Certification, and Others. Based on Source the global Testing, Inspection and Certification market is segmented in Inhouse Services and Outsourced Services. Based on End-User Industry the global Testing, Inspection and Certification market is segmented in Agriculture and Food, Chemical, Automotive, Construction, Consumer Goods and Retail, Energy and Power, Financial Instructions, Government, Manufacturing, and Marine.
The global Testing, Inspection and Certification market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Testing, Inspection and Certification market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
SGS Group, Bureau Veritas S.A., Intertek Group PLC, TUV SUD Group, Mistras Group, Inc., ALS Limited, ASTM International, BSI Group, Eurofins Scientific, TUV Rheinland A.G., and others are among the major players in the global Testing, Inspection and Certification market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Testing, Inspection and Certification Market has been segmented as below:
Testing, Inspection and Certification Market, By Service
Testing, Inspection and Certification Market, By Source
Testing, Inspection and Certification Market, By End-User Industry
Testing, Inspection and Certification Market, By Region
Testing, Inspection and Certification Market, By Company
The report covers:
Report Scope:
The global Testing, Inspection and Certification market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics.
The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Testing, Inspection and Certification market share. Major industry players with significant revenue share include SGS Group, Bureau Veritas S.A., Intertek Group PLC, TUV SUD Group, Mistras Group, Inc., ALS Limited, ASTM International, BSI Group, Eurofins Scientific, TUV Rheinland A.G., and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Testing, Inspection and Certification Market, By Service
5.1 Introduction
5.2 Testing
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Inspection
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Certification
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Others
5.5.1 Market Overview
5.5.2 Market Size and Forecast
6. Testing, Inspection and Certification Market, By Source
6.1 Introduction
6.2 Inhouse Services
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Outsourced Services
6.3.1 Market Overview
6.3.2 Market Size and Forecast
7. Testing, Inspection and Certification Market, By End-User Industry
7.1 Introduction
7.2 Agriculture and Food
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Chemical
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Automotive
7.4.1 Market Overview
7.4.2 Market Size and Forecast
7.5 Construction
7.5.1 Market Overview
7.5.2 Market Size and Forecast
7.6 Consumer Goods and Retail
7.6.1 Market Overview
7.6.2 Market Size and Forecast
7.7 Energy and Power
7.7.1 Market Overview
7.7.2 Market Size and Forecast
7.8 Financial Instructions
7.8.1 Market Overview
7.8.2 Market Size and Forecast
7.9 Government
7.9.1 Market Overview
7.9.2 Market Size and Forecast
7.10 Manufacturing
7.10.1 Market Overview
7.10.2 Market Size and Forecast
7.11 Marine
7.11.1 Market Overview
7.11.2 Market Size and Forecast
8. Testing, Inspection and Certification Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 North America Testing, Inspection and Certification, By Service
8.2.2 North America Testing, Inspection and Certification, By Source
8.2.3 North America Testing, Inspection and Certification, By End-User Industry
8.3 Europe
8.3.1 Europe Testing, Inspection and Certification, By Service
8.3.2 Europe Testing, Inspection and Certification, By Source
8.3.3 Europe Testing, Inspection and Certification, By End-User Industry
8.4 Asia-Pacific
8.4.1 Asia-Pacific Testing, Inspection and Certification, By Service
8.4.2 Asia-Pacific Testing, Inspection and Certification, By Source
8.4.3 Asia-Pacific Testing, Inspection and Certification, By End-User Industry
8.5 Rest of the World
8.5.1 Rest of the World Testing, Inspection and Certification, By Service
8.5.2 Rest of the World Testing, Inspection and Certification, By Source
8.5.3 Rest of the World Testing, Inspection and Certification, By End-User Industry
9. Competitive Insights
9.1 Key Insights
9.2 Company Market Share Analysis
9.3 Strategic Outlook
9.3.1 Mergers & Acquisitions
9.3.2 New Product Development
9.3.3 Portfolio/Production Capacity Expansions
9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5 Others
10. Company Profiles
10.1 SGS Group
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 Bureau Veritas S.A.
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 Intertek Group PLC
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 TUV SUD Group
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 Mistras Group, Inc.
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 ALS Limited
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 ASTM International
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 BSI Group
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.9 Eurofins Scientific
10.9.1 Company Overview
10.9.2 Product/Service Landscape
10.9.3 Financial Overview
10.9.4 Recent Developments
10.10 TUV Rheinland A.G.
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
The Testing, Inspection and Certification Market has been segmented as below:
Testing, Inspection and Certification Market, By Service
Testing, Inspection and Certification Market, By Source
Testing, Inspection and Certification Market, By End-User Industry
Testing, Inspection and Certification Market, By Region
Testing, Inspection and Certification Market, By Company
