Testing Inspection and Certification Market

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.

Testing Inspection and Certification Market contains market size and forecasts of Testing, Inspection and Certification (TIC) in Global, including the following market information:

Global Testing, Inspection and Certification (TIC) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Testing, Inspection and Certification (TIC) market was valued at 115550 million in 2021 and is projected to reach US$ 158240 million by 2028, at a CAGR of 4.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Mandatory Testing, Inspection and Certification Services Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Testing, Inspection and Certification (TIC) include SGS, Bureau Veritas, Eurofins Scientific, Intertek, Dekra, TUV SUD, T?V Rheinland, Applus and DNV GL, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Testing, Inspection and Certification (TIC) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Testing, Inspection and Certification (TIC) Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Testing, Inspection and Certification (TIC) Market Segment Percentages, by Type, 2021 (%)

Mandatory Testing, Inspection and Certification Services

Market Testing, Inspection and Certification Services

Global Testing, Inspection and Certification (TIC) Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Testing, Inspection and Certification (TIC) Market Segment Percentages, by Application, 2021 (%)

Food

Energy

Consumer Goods

Automotive

Manufacturing

Infrastructure and Railways

Others

Global Testing, Inspection and Certification (TIC) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Testing, Inspection and Certification (TIC) Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Testing, Inspection and Certification (TIC) revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Testing, Inspection and Certification (TIC) revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

SGS

Bureau Veritas

Eurofins Scientific

Intertek

Dekra

TUV SUD

T?V Rheinland

Applus

DNV GL

ALS Global

TUV NORD

UL Services

Lloyd?s Register

CCIC

SIRIM QAS

Guangzhou GRG Metrology &Test co.Ltd