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Testing, Inspection and Certification (T.I.C.) Market Analysis, Trends and Forecast 2015 - 2023

Testing, Inspection and Certification (T.I.C.) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Published 23 September 2015

Testing, inspection and certification (T.I.C.) companies provide services across industries such as automotives, aviations, maritime, oil and gas, petrochemicals, textile, electrical, agriculture, environmental, food, life sciences, pharmaceuticals, medicals, consumer goods and others. These services include quality and safety services, performance of products, shipments valuation, ensuring imports comply with domestic and international standards, industrial inspection, supplier evaluation and outsourcing of laboratories among others. These services render proper assurance to the customers or end-users the domestic and global standards and regulations to meet the product quality have been strictly followed by the manufacturing companies. Testing and inspection services facilitate the examination of any particular product that meets the specified standards for manufacturing. Certification services officially state that a product has been manufactured following the specified domestic and global standards. The standards are designed, developed and published by the various government organizations and non-government standardization institutions across the world.


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The growth of testing, inspection and certification services have increased globally, owing to the increasing consumer awareness about the products in almost every sector. Additionally, the robust growth of the industry is also influenced by increasing globalization of international laws and standards, continued introduction of new standards owing to the development of technology and improved safety legislation and standards. Moreover, improved risk awareness and emphasis on risk prevention by customers is also influencing the growth of the market. Customers seek third party assurance in terms of product safety and risk prevention. One of the major restraints in the growth of the TIC market is the lack of internationally accepted standards and domestic government directives. The industry consolidation enabled by the synergizing strategy adopted by the key companies in this industry is expected to drive the market further during the forecast period.


The testing, inspection and certification market can be segmented on basis of end use and geography. The segmentation on the basis of end use includes, aerospace, automotives, maritime, automation, electronics, life sciences and others. Geographically, the entire global testing, inspection and certification (TIC) Market has been classified into regions such as North America, Europe, Asia Pacific and the Rest of the world. North America and Europe are two major markets for the TICs globally owing to the growing awareness of safety in every sector. Asia Pacific region nations such as China, Japan, India, Malaysia and Australia among others are attracting huge market opportunities for the global TIC services owing to the rapidly developing industries such as automation, automotives, electronics healthcare, pharmaceuticals, aviation and medical devices among other emerging markets. Rest of the world region which includes, the Middle East, Africa and Latin America are also growing at a significant rate. The TIC market currently registering substantial growth in emerging economies such as India, China, South Korea, Brazil, UAE and Saudi Arabia among others and is expected to grow further owing to the regulatory proposals from various governments.


Some of the major market players in the TIC market worldwide are British Standards Institution Group, Bureau Veritas S.A., Compliance Engineering Pty Ltd., TUV SUD Group, DEKRA Certification Gmbh, Eurofins Scientific, Intertek Group PLC, SGA S.A., ASTM International, Dayton T. Brown Inc. and Exova Group Plc among others.


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This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include


North America

Asia Pacific


Middle East and Africa

Latin America


This report provides comprehensive analysis of


Market growth drivers

Factors limiting market growth

Current market trends

Market structure

Market projections for upcoming years


This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.


Reasons for Buying this Report


This report provides pin-point analysis for changing competitive dynamics

It provides a forward looking perspective on different factors driving or restraining market growth

It provides a six-year forecast assessed on the basis of how the market is predicted to grow

It helps in understanding the key product segments and their future

It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors

It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

It provides distinctive graphics and exemplified SWOT analysis of major market segments


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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights for decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.


TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, TMR employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.



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