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Global Testing, Inspection and CertificationTIC Market By Type( Testing, Inspection, Certification ), By Application ( Environmental, Consumer Goods, Manufacturing, Petroleum, Agriculture ), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2020-2028
  • Report ID 136526
  • Published Date 17-Oct
  • Delivery Format PDF/PPT/Word
  • Editor's Rating
  • Report Details

    Market.us announces publication of its most recently generated research report titled, ?Global Testing, Inspection and Certification (TIC) Market by Service Type (Testing, Inspection & Certification), By Application (Agriculture & Food, Construction, Life Science, Consumer Product, Transportation, Energy, Other Applications), By Sourcing Type (In-house Sourcing, Outsourcing) and by Region ? Global Forecast to 2028.?, which offers a holistic view of the global Testing, Inspection and Certification (TIC) market through systematic segmentation that covers every aspect of the target market.
    The global Testing, Inspection, and Certification (TIC) market are projected to be US$ 182.5 Mn in 2018 to reach US$ 298.9 Mn by 2028 at a CAGR of 5.1%.
    The TIC sector, i.e., Testing, Inspection, and Certification, consist of conformity assessment bodies that provide several services ranging from inspection and auditing to verification, quality assurance, testing, and even certification. Conformity assessment or compliance testing is important to determine whether a product, service, or process complies with the requirements of a specification, contracts, regulation, or technical standards. The International Organization for Standardization (ISO) and International Electrotechnical Commission (IEC), are international standards-setting bodies and these organization defines different testing, inspection and certification parameters in international standards which any conformity assessment body has to follow strictly.

    As a result of industrialization supply chains are turning more complex every day, along with outsourcing and rising end-user quality expectations, which has driven the demand for independent TIC services. Businesses nowadays are aiming to ensure that not only their products but their infrastructures and processes meet all the required standards and regulations in terms of quality, safety, social responsibility, and environmental protection, to reduce risks of failure disruption and accidents. TIC services are stable and are very much based on standards directives and national legalization owing to which TIC companies play a significant role in aiding governments to fulfill their mandates in order to protect consumers against hazardous products. TIC company ensures that their client’s products, systems, and assets meet the requirements of all the quality standards, and the purpose of these services is to increase productivity and help even the local and Small manufacturers to meet global standards.
    Global Testing, Inspection and Certification (TIC) Market Revenue (US$ Mn), 2018?2028
    Increased regulation and standards are a major growth factor for the target market as there has been a clear shift towards more complex standards and regulation and most of them are even government-driven, to ensure health and safety compliance across a variety of end-use industries which is driving the market growth.
    With increased world trade, emerging economies such as China, India, and others emerged as leading trade player, which has driven major market giants towards these economies. Increased exports, particularly from developing economies, have provided various lucrative growth opportunities in these regions
    A developed region such as Europe and the USA have stringent rules and regulations regarding consumer products. Also, several international organization and agencies are coming in front regarding the importance of the quality goods which provides several opportunities for the market growth even in developed nations
    Global Testing, Inspection, and Certification (TIC) market are segmented on the basis of service type, application, sourcing type, and region. Based on service type, the market is segmented into Testing, Inspection & Certification. The testing segment accounts for the majority share and is expected to register the highest growth over the forecast period. Based on application, the market is segmented into Agriculture & Food, Construction, Life Science, Consumer Product, Transportation, Energy, Other Applications. The energy segment accounts for a majority share in the global Testing, Inspection, and Certification (TIC) market. Based on sourcing type, the market is segmented into In-house Sourcing & Outsourcing. The In-house segment accounts for the majority share in the TIC market.
    Global Testing, Inspection and Certification (TIC) Market Attractiveness Index by Service Type, 2018

    On the basis of region, the market is segmented into North America, Europe, APAC, South America, and Middle East Africa. Europe accounts for the majority share in the global Testing, Inspection, and Certification (TIC) market, followed by North America.
    The research report on the global Testing, Inspection and Certification (TIC) market includes profiles of some of major companies such as Bureau Veritas SA, Intertek Group plc, Eurofins Scientific SE, T?V Rheinland AG, ALS Limited, Mistras Group, Inc., Nemko AS, T?V S?D AG, Stiftelsen Det Norske Veritas, UL LLC, T?V NORD Group, SGS SA, SAI Global Limited, DEKRA e.V. etc.

    Key Market Segments:
    Type

    Testing
    Inspection
    Certification

    Application

    Consumer Product
    Commodities
    Industry
    LFE

    Key Market Players included in the report:

    Bureau Veritas SA
    Intertek Group plc
    Eurofins Scientific SE
    T?V Rheinland AG
    ALS Limited
    Mistras Group Inc.
    Nemko AS
    T?V S?D AG
    Stiftelsen Det Norske Veritas
    UL LLC
    T?V NORD Group
    SGS SA
    SAI Global Limited
    DEKRA e.V

  • Table Of Content

    1. Testing, Inspection, And Certification TIC For Agriculture Market Introduction

    1.1. Definition
    1.2. Taxonomy
    1.3. Research Scope

    2. Executive Summary

    2.1. Key Findings by Major Segments
    2.2. Top strategies by Major Players

    3. Global Testing, Inspection, And Certification TIC For Agriculture Market Overview

    3.1. Testing, Inspection, And Certification TIC For Agriculture Market Dynamics

    3.1.1. Drivers
    3.1.2. Opportunities
    3.1.3. Restraints
    3.1.4. Challenges

    3.2. PESTLE Analysis
    3.3. Opportunity Map Analysis
    3.4. PORTER’S Five Forces Analysis
    3.5. Market Competition Scenario Analysis
    3.6. Product Life Cycle Analysis
    3.7. Opportunity Orbits
    3.8. Production Analysis by Region/Company
    3.9. Industry chain Analysis
    3.10. Marketing Strategy

    4. Global Testing, Inspection, And Certification TIC For Agriculture Market Value & Volume ((US$ Mn & ‘000 Units)), Share (%), and Growth Rate (%) Comparison by Type, 2012-2028

    4.1. Global Testing, Inspection, And Certification TIC For Agriculture Market Analysis by Type: Introduction
    4.2. Market Size and Forecast by Region
    4.3. Metals Assay

    4.4. Determination of Pesticide Residues

    5. Global Testing, Inspection, And Certification TIC For Agriculture Market Value & Volume ((US$ Mn & ‘000 Units)), Share (%), and Growth Rate (%) Comparison by Application, 2012-2028

    5.1. Global Testing, Inspection, And Certification TIC For Agriculture Market Analysis by Application: Introduction
    5.2. Market Size and Forecast by Region
    5.3. Agriculture

    5.4. Application 2

    6. Global Testing, Inspection, And Certification TIC For Agriculture Market Value & Volume ((US$ Mn & ‘000 Units)), Share (%), and Growth Rate (%) Comparison by Region, 2012-2028

    6.1. North America

    6.1.1. North America Testing, Inspection, And Certification TIC For Agriculture Market: Regional Trend Analysis

    6.1.1.1. US
    6.1.1.2. Canada
    6.1.1.3. Mexico

    6.2.1. Europe

    6.2.1. Europe Testing, Inspection, And Certification TIC For Agriculture Market: Regional Trend Analysis

    6.2.1.1. Germany
    6.2.1.2. France
    6.2.1.3. UK
    6.2.1.4. Russia
    6.2.1.5. Italy
    6.2.1.6. Spain
    6.2.1.7. Rest of Europe

    6.3. Asia-Pacific

    6.3.1. Asia-Pacific Testing, Inspection, And Certification TIC For Agriculture Market: Regional Trend Analysis

    6.3.1.1. China
    6.3.1.2. Japan
    6.3.1.3. Korea
    6.3.1.4. India
    6.3.1.5. Rest of Asia-Pacific

    6.4. Latin America

    6.4.1. Latin America Testing, Inspection, And Certification TIC For Agriculture Market: Regional Trend Analysis

    6.4.1.1. Brazil
    6.4.1.2. Argentina
    6.4.1.3. Rest of Latin America

    6.5. Middle East and Africa

    6.5.1. Middle East and Africa Testing, Inspection, And Certification TIC For Agriculture Market: Regional Trend Analysis

    6.5.1.1. GCC
    6.5.1.2. South Africa
    6.5.1.3. Israel
    6.5.1.4. Rest of MEA

    7. Global Testing, Inspection, And Certification TIC For Agriculture Market Competitive Landscape, Market Share Analysis, and Company Profiles

    7.1. Market Share Analysis
    7.2. Company Profiles
    7.3. SGS Group

    7.3.1. Company Overview
    7.3.2. Financial Highlights
    7.3.3. Product Portfolio
    7.3.4. SWOT Analysis
    7.3.5. Key Strategies and Developments

    7.4. Bureau Veritas

    7.4.1. Company Overview
    7.4.2. Financial Highlights
    7.4.3. Product Portfolio
    7.4.4. SWOT Analysis
    7.4.5. Key Strategies and Developments

    7.5. Dekra Certification

    7.5.1. Company Overview
    7.5.2. Financial Highlights
    7.5.3. Product Portfolio
    7.5.4. SWOT Analysis
    7.5.5. Key Strategies and Developments

    7.6. Intertek

    7.6.1. Company Overview
    7.6.2. Financial Highlights
    7.6.3. Product Portfolio
    7.6.4. SWOT Analysis
    7.6.5. Key Strategies and Developments

    7.7. TUV SUD

    7.7.1. Company Overview
    7.7.2. Financial Highlights
    7.7.3. Product Portfolio
    7.7.4. SWOT Analysis
    7.7.5. Key Strategies and Developments

    7.8. Eurofins Scientific

    7.8.1. Company Overview
    7.8.2. Financial Highlights
    7.8.3. Product Portfolio
    7.8.4. SWOT Analysis
    7.8.5. Key Strategies and Developments

    7.9. DNV

    7.9.1. Company Overview
    7.9.2. Financial Highlights
    7.9.3. Product Portfolio
    7.9.4. SWOT Analysis
    7.9.5. Key Strategies and Developments

    7.10. TUV Rheinland

    7.10.1. Company Overview
    7.10.2. Financial Highlights
    7.10.3. Product Portfolio
    7.10.4. SWOT Analysis
    7.10.5. Key Strategies and Developments

    7.11. UL LLC

    7.11.1. Company Overview
    7.11.2. Financial Highlights
    7.11.3. Product Portfolio
    7.11.4. SWOT Analysis
    7.11.5. Key Strategies and Developments

    7.12. ALS Limited

    7.12.1. Company Overview
    7.12.2. Financial Highlights
    7.12.3. Product Portfolio
    7.12.4. SWOT Analysis
    7.12.5. Key Strategies and Developments

    7.13. TUV Nord Group

    7.13.1. Company Overview
    7.13.2. Financial Highlights
    7.13.3. Product Portfolio
    7.13.4. SWOT Analysis
    7.13.5. Key Strategies and Developments

    7.14. Mistras Group

    7.14.1. Company Overview
    7.14.2. Financial Highlights
    7.14.3. Product Portfolio
    7.14.4. SWOT Analysis
    7.14.5. Key Strategies and Developments

    7.15. SAI Global

    7.15.1. Company Overview
    7.15.2. Financial Highlights
    7.15.3. Product Portfolio
    7.15.4. SWOT Analysis
    7.15.5. Key Strategies and Developments

    7.16. BSI Group

    7.16.1. Company Overview
    7.16.2. Financial Highlights
    7.16.3. Product Portfolio
    7.16.4. SWOT Analysis
    7.16.5. Key Strategies and Developments

    7.17. Exova Group

    7.17.1. Company Overview
    7.17.2. Financial Highlights
    7.17.3. Product Portfolio
    7.17.4. SWOT Analysis
    7.17.5. Key Strategies and Developments

    8. Assumptions and Acronyms
    9. Research Methodology
    10. Contact

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    • Company Revenue StatisticsCompany Revenue Statistics
    • Rising Regional OpportunitiesRising Regional Opportunities
    • Technology Trends and DynamicsTechnology Trends and Dynamics
    • Technology AssessmentTechnology Assessment