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.
Governments have formulated stringent regulations and standards to ensure the quality and safety of products and there is increasing awareness among consumers regarding the quality of consumer goods. These products have become essential in everyday life and are manufactured keeping in mind the regulations specified by government bodies to guarantee product safety. The increasing demand for consumer goods leads to a greater requirement of testing, inspection, and certification services to ensure the product quality and safety.
Europe is the largest regions of Testing, Inspection and Certification, with revenue market share about 38.51% in 2017, North America following Europe, takes revenue market share of 27.38%. Asia-Pacific is an important market of Testing, Inspection and Certification, accounting for 22% revenue market share.
The report offers detailed coverage of Testing, Inspection and Certification(TIC) industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Testing, Inspection and Certification(TIC) by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Testing, Inspection and Certification(TIC) market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Testing, Inspection and Certification(TIC) market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
SGS Group
Bureau Veritas
Dekra Certification
Intertek
TUV SUD
Eurofins Scientific
DNV
TUV Rheinland
UL LLC
ALS Limited
TUV Nord Group
Mistras Group
SAI Global
BSI Group
Exova Group
At the same time, we classify Testing, Inspection and Certification(TIC) according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
In-House
Outsourced
Market by Application
Consumer Product
Commodities
Industry
LFE
Other
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Testing, Inspection and Certification(TIC) market for the forecast period 2021 - 2025?
• What are the driving forces in the Testing, Inspection and Certification(TIC) market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Testing, Inspection and Certification(TIC) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?