Testing, Inspection and Certification (TIC) Market By Service Type, By Sourcing, By Application, By End User, Geography and Forecast 2019 to 2024

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The overall market for testing, inspection, and certification (TIC) is expected to reach USD 266.25 billion by 2024, rising over the forecast period at a CAGR of 5.12%. Growth in this market is driven by high growth in product recalls worldwide, increasing adoption by worldwide manufacturers of outsourcing service models, increased demand for harmonized standards, rise in illegal trade, counterfeiting and piracy activities worldwide, and implementation of stringent government regulations and standards across different sectors.

Testing, Inspection and Certification (TIC) Market By Service Type, By Sourcing, By Application, By End User, Geography and Forecast 2019 to 2024 1

Testing, Inspection and Certification (TIC) Market By Service Type, By Sourcing, By Application, By End User, Geography and Forecast 2019 to 2024 2

Testing, Inspection and Certification (TIC) Market By Service Type, By Sourcing, By Application, By End User, Geography and Forecast 2019 to 2024 3

Testing, Inspection and Certification (TIC) Market By Service Type, By Sourcing, By Application, By End User, Geography and Forecast 2019 to 2024 4

Testing, Inspection and Certification (TIC) Market By Service Type, By Sourcing, By Application, By End User, Geography and Forecast 2019 to 2024 5

Testing, Inspection and Certification (TIC) Market By Service Type, By Sourcing, By Application, By End User, Geography and Forecast 2019 to 2024 6

Testing, Inspection and Certification (TIC) Market By Service Type, By Sourcing, By Application, By End User, Geography and Forecast 2019 to 2024 7

Testing, Inspection and Certification (TIC) Market By Service Type, By Sourcing, By Application, By End User, Geography and Forecast 2019 to 2024 8

1 Testing, Inspection and Certification (TIC) Market – Overview
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Testing, Inspection and Certification (TIC) Market – Executive Summary
3.1 Market Revenue, Market Size and Key Trends by Company
3.2 Key Trends by type of Application
3.3 Key Trends segmented by Geography
4 Testing, Inspection and Certification (TIC) Market – Comparative Analysis
4.1 Product Benchmarking – Top 10 companies
4.2 Top 5 Financials Analysis
4.3 Market Value split by Top 10 companies
4.4 Patent Analysis – Top 10 companies
4.5 Pricing Analysis
5 Testing, Inspection and Certification (TIC) Market – Industry Market Entry Scenario
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis – Top 10 companies
6 Testing, Inspection and Certification (TIC) Market – Market Forces
6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.1.1 Rise in globalization
6.2.1.2 Stringent government regulation
6.2.1.3 Growing export regulations and high emphasis on energy efficient and
environmentally safety products
6.2.1.4 High adoption of outsourcing service model globally
6.2.2 Restrain
6.2.2.1 Diverse standards and regulations
6.2.3 Opportunities
6.2.3.1 Growth opportunities for small- and medium-sized businesses in tic system
6.2.4 Challenges
6.2.4.1 Complex nature of global supply chains
6.2.4.2 Long lead time for overseas qualification assessments
6.3 Porters Analysis of Market
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes
7 Testing, Inspection and Certification (TIC) Market – Strategic Analysis
7.1 Value Chain analysis
7.2 Product Life Cycle
7.3 Supplier and distributor analysis (Market share and product dealing strategies)
8 Testing, Inspection and Certification (TIC) Market – By Service Type (Market Size – & million/billion)
8.1 Testing
8.2 Inspection
8.3 Certification
8.4 Others
9 Testing, Inspection and Certification (TIC) Market – By Sourcing
9.1 In-House
9.2 Outsourced
10 Testing, Inspection and Certification (TIC) Market – By Application
10.1 Quality and Safety Services
10.2 Product Performance Evaluation
10.3 Certification and Valuation of Shipments
10.4 Production Evaluation
10.5 Valuation of imports with respect to standards
10.6 Industrial Inspections
10.6.1 Maintenance Turnarounds
10.6.2 System Certification
10.6.3 Supplier Evaluation
10.6.4 Laboratory Outsourcing
10.6.5 Others
10.7 Others
11 Testing, Inspection and Certification (TIC) Market – By End-User
11.1 Agriculture
11.2 Automotive
11.3 Aerospace and Defense
11.4 Food
11.5 Consumer
11.6 Medicine & Life Science
11.7 Oil and Gas
11.8 System Compliance
11.9 Marine
11.10 Mining
11.11 Manufacturing
11.12 Chemicals
11.13 Energy and Power
11.14 Building & infrastructure
11.15 Industrial equipment
11.16 Retail
11.17 Rail
11.18 Logistics
11.19 others
12 Testing, Inspection and Certification (TIC) Market – By Geography (Market Size – & million/billion)
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 U.K
12.3.2 Germany
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia-Pacific
12.4.1 China
12.4.2 Japan
12.4.3 India
12.4.4 South Korea
12.4.5 Rest of APAC
12.5 Rest of the World
12.5.1 South America
12.5.2 Middle East
12.5.3 Africa
13 Testing, Inspection and Certification (TIC) Market – Entropy
13.1 New product launches
13.2 M&A’s, collaborations, JVs and partnerships
14 Testing, Inspection and Certification (TIC) Market Company Profile (Key Players)
14.1 Market Share, Company Revenue, Products, M&A, Developments
14.2 SGS
14.3 Bureau Veritas
14.4 Dekra
14.5 Intertek
14.6 Eurofins Scientific
14.7 TUV SUD
14.8 DNV Gl
14.9 ALS Limited
14.10 TUV Nord Group
14.11 Mistras
14.12 Company 11 & more
“* Private Company Financials would be provided on our best efforts”
15 Testing, Inspection and Certification (TIC) Market – Appendix
15.1 Sources
15.2 Abbreviations