The Testing, Inspection and Certification (TIC) sector consists of conformity assessment bodies who provide services ranging from auditing and inspection, to testing, verification, quality assurance and certification. The sector consists of both in-house and outsourced services.
Scope of the Report:
The TIC services safeguard the maintenance of well-being, safety & quality requirements of the customer products and services. The companies operating in TIC market provide verification, inspection, and testing & certification services to help their clients increase productivity and assist local manufacturers to follow the international standards. The testing activities mainly focus on measuring the properties and the performance of the products and services. Inspection comprises of measuring, examining, testing and gauging the multiple product characteristics and comparing the results with specified requirements to determine whether each product is qualified with required standards.
The global Testing, Inspection, and Certification Services market is valued at 150000 million USD in 2017 and is expected to reach 206800 million USD by the end of 2023, growing at a CAGR of 5.5% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Testing, Inspection, and Certification Services.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
This report studies the Testing, Inspection, and Certification Services market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Testing, Inspection, and Certification Services market by product type and applications/end industries.
Market Segment by Companies, this report covers
Bureau Veritas S. A.
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Market Segment by Applications, can be divided into
Agriculture and Food
Oil, Gas and Chemcial