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Global Testing, Inspection and Certification（TIC) Market Size By Segmentations, Top Key Players, Trend, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 11/23/2022
  • NO OF PAGES
  • 228
  • CATEGORY
  • Information Technology
The competitive landscape analysis of Testing, Inspection and Certification（TIC) Market uncovers detailed company profiles, revenue shares, portfolio innovations, regional product footprint, key developmental strategies, pricing structure, target markets, and near-term plans of market leaders. This entire section helps readers gain an essence of what is driving competition and what would help them stand out to win new target markets.

Market estimates and forecast are backed by an extensive primary research, further complemented by on-point secondary research of Testing, Inspection and Certification（TIC) Market. The research analysts have invested significant time and effort in gathering critical industry information from KIPs such as OEMs, top suppliers and distributors, and government bodies.

Market Segmentations:
Global Testing, Inspection and Certification（TIC) Market: Top Key Players
SGS
Bureau Veritas
Eurofins Scientific
Intertek
Dekra
TUV SUD
TÃœV Rheinland
Applus
DNV GL
ALS Global
TUV NORD
UL Services
Lloyd’s Register
CCIC
SIRIM QAS
GRGTEST
Testing, Inspection and Certification（TIC) Breakdown Data by Type
Mandatory Testing, Inspection and Certification Services
Market Testing, Inspection and Certification Services
Testing, Inspection and Certification（TIC) Breakdown Data by Application
Food
Energy
Consumer Goods
Automotive
Manufacturing
Infrastructure and Railways
Others


Global Testing, Inspection and Certification（TIC) Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

Reasons to Purchase Testing, Inspection and Certification（TIC) Market Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come

Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Testing, Inspection and Certification（TIC) Revenue
1.4 Market Analysis by Type
1.4.1 Global Testing, Inspection and Certification（TIC) Market Size Growth Rate by Type: 2022 VS 2030
1.4.2 Mandatory Testing, Inspection and Certification Services
1.4.3 Market Testing, Inspection and Certification Services
1.5 Market by Application
1.5.1 Global Testing, Inspection and Certification（TIC) Market Share by Application: 2022 VS 2030
1.5.2 Food
1.5.3 Energy
1.5.4 Consumer Goods
1.5.5 Automotive
1.5.6 Manufacturing
1.5.7 Infrastructure and Railways
1.5.8 Others
1.6 Coronavirus Disease 2019 (Covid-19): Testing, Inspection and Certification（TIC) Industry Impact
1.6.1 How the Covid-19 is Affecting the Testing, Inspection and Certification（TIC) Industry
1.6.1.1 Testing, Inspection and Certification（TIC) Business Impact Assessment - Covid-19
1.6.1.2 Supply Chain Challenges
1.6.1.3 COVID-19’s Impact On Crude Oil and Refined Products
1.6.2 Market Trends and Testing, Inspection and Certification（TIC) Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.6.3.2 Proposal for Testing, Inspection and Certification（TIC) Players to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered

2 Global Growth Trends by Regions
2.1 Testing, Inspection and Certification（TIC) Market Perspective (2016-2030)
2.2 Testing, Inspection and Certification（TIC) Growth Trends by Regions
2.2.1 Testing, Inspection and Certification（TIC) Market Size by Regions: 2016 VS 2022 VS 2030
2.2.2 Testing, Inspection and Certification（TIC) Historic Market Share by Regions (2016-2021)
2.2.3 Testing, Inspection and Certification（TIC) Forecasted Market Size by Regions (2022-2030)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porter’s Five Forces Analysis
2.3.5 Testing, Inspection and Certification（TIC) Market Growth Strategy
2.3.6 Primary Interviews with Key Testing, Inspection and Certification（TIC) Players (Opinion Leaders)

3 Competition Landscape by Key Players
3.1 Global Top Testing, Inspection and Certification（TIC) Players by Market Size
3.1.1 Global Top Testing, Inspection and Certification（TIC) Players by Revenue (2016-2021)
3.1.2 Global Testing, Inspection and Certification（TIC) Revenue Market Share by Players (2016-2021)
3.1.3 Global Testing, Inspection and Certification（TIC) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Testing, Inspection and Certification（TIC) Market Concentration Ratio
3.2.1 Global Testing, Inspection and Certification（TIC) Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Testing, Inspection and Certification（TIC) Revenue in 2021
3.3 Testing, Inspection and Certification（TIC) Key Players Head office and Area Served
3.4 Key Players Testing, Inspection and Certification（TIC) Product Solution and Service
3.5 Date of Enter into Testing, Inspection and Certification（TIC) Market
3.6 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type (2016-2030)
4.1 Global Testing, Inspection and Certification（TIC) Historic Market Size by Type (2016-2021)
4.2 Global Testing, Inspection and Certification（TIC) Forecasted Market Size by Type (2022-2030)

5 Testing, Inspection and Certification（TIC) Breakdown Data by Application (2016-2030)
5.1 Global Testing, Inspection and Certification（TIC) Market Size by Application (2016-2021)
5.2 Global Testing, Inspection and Certification（TIC) Forecasted Market Size by Application (2022-2030)

6 North America
6.1 North America Testing, Inspection and Certification（TIC) Market Size (2016-2021)
6.2 Testing, Inspection and Certification（TIC) Key Players in North America (2016-2021)
6.3 North America Testing, Inspection and Certification（TIC) Market Size by Type (2016-2021)
6.4 North America Testing, Inspection and Certification（TIC) Market Size by Application (2016-2021)

7 Europe
7.1 Europe Testing, Inspection and Certification（TIC) Market Size (2016-2021)
7.2 Testing, Inspection and Certification（TIC) Key Players in Europe (2016-2021)
7.3 Europe Testing, Inspection and Certification（TIC) Market Size by Type (2016-2021)
7.4 Europe Testing, Inspection and Certification（TIC) Market Size by Application (2016-2021)

8 China
8.1 China Testing, Inspection and Certification（TIC) Market Size (2016-2021)
8.2 Testing, Inspection and Certification（TIC) Key Players in China (2016-2021)
8.3 China Testing, Inspection and Certification（TIC) Market Size by Type (2016-2021)
8.4 China Testing, Inspection and Certification（TIC) Market Size by Application (2016-2021)

9 Australia
9.1 Australia Testing, Inspection and Certification（TIC) Market Size (2016-2021)
9.2 Testing, Inspection and Certification（TIC) Key Players in Australia (2016-2021)
9.3 Australia Testing, Inspection and Certification（TIC) Market Size by Type (2016-2021)
9.4 Australia Testing, Inspection and Certification（TIC) Market Size by Application (2016-2021)

10 Southeast Asia
10.1 Southeast Asia Testing, Inspection and Certification（TIC) Market Size (2016-2021)
10.2 Testing, Inspection and Certification（TIC) Key Players in Southeast Asia (2016-2021)
10.3 Southeast Asia Testing, Inspection and Certification（TIC) Market Size by Type (2016-2021)
10.4 Southeast Asia Testing, Inspection and Certification（TIC) Market Size by Application (2016-2021)

11 Key Players Profiles
11.1 SGS
11.1.1 SGS Company Details
11.1.2 SGS Business Overview and Its Total Revenue
11.1.3 SGS Testing, Inspection and Certification（TIC) Introduction
11.1.4 SGS Revenue in Testing, Inspection and Certification（TIC) Business (2016-2021)
11.1.5 SGS Recent Development
11.2 Bureau Veritas
11.2.1 Bureau Veritas Company Details
11.2.2 Bureau Veritas Business Overview and Its Total Revenue
11.2.3 Bureau Veritas Testing, Inspection and Certification（TIC) Introduction
11.2.4 Bureau Veritas Revenue in Testing, Inspection and Certification（TIC) Business (2016-2021)
11.2.5 Bureau Veritas Recent Development
11.3 Eurofins Scientific
11.3.1 Eurofins Scientific Company Details
11.3.2 Eurofins Scientific Business Overview and Its Total Revenue
11.3.3 Eurofins Scientific Testing, Inspection and Certification（TIC) Introduction
11.3.4 Eurofins Scientific Revenue in Testing, Inspection and Certification（TIC) Business (2016-2021)
11.3.5 Eurofins Scientific Recent Development
11.4 Intertek
11.4.1 Intertek Company Details
11.4.2 Intertek Business Overview and Its Total Revenue
11.4.3 Intertek Testing, Inspection and Certification（TIC) Introduction
11.4.4 Intertek Revenue in Testing, Inspection and Certification（TIC) Business (2016-2021)
11.4.5 Intertek Recent Development
11.5 Dekra
11.5.1 Dekra Company Details
11.5.2 Dekra Business Overview and Its Total Revenue
11.5.3 Dekra Testing, Inspection and Certification（TIC) Introduction
11.5.4 Dekra Revenue in Testing, Inspection and Certification（TIC) Business (2016-2021)
11.5.5 Dekra Recent Development
11.6 TUV SUD
11.6.1 TUV SUD Company Details
11.6.2 TUV SUD Business Overview and Its Total Revenue
11.6.3 TUV SUD Testing, Inspection and Certification（TIC) Introduction
11.6.4 TUV SUD Revenue in Testing, Inspection and Certification（TIC) Business (2016-2021)
11.6.5 TUV SUD Recent Development
11.7 TÃœV Rheinland
11.7.1 TÃœV Rheinland Company Details
11.7.2 TÃœV Rheinland Business Overview and Its Total Revenue
11.7.3 TÜV Rheinland Testing, Inspection and Certification（TIC) Introduction
11.7.4 TÜV Rheinland Revenue in Testing, Inspection and Certification（TIC) Business (2016-2021)
11.7.5 TÃœV Rheinland Recent Development
11.8 Applus
11.8.1 Applus Company Details
11.8.2 Applus Business Overview and Its Total Revenue
11.8.3 Applus Testing, Inspection and Certification（TIC) Introduction
11.8.4 Applus Revenue in Testing, Inspection and Certification（TIC) Business (2016-2021)
11.8.5 Applus Recent Development
11.9 DNV GL
11.9.1 DNV GL Company Details
11.9.2 DNV GL Business Overview and Its Total Revenue
11.9.3 DNV GL Testing, Inspection and Certification（TIC) Introduction
11.9.4 DNV GL Revenue in Testing, Inspection and Certification（TIC) Business (2016-2021)
11.9.5 DNV GL Recent Development
11.10 ALS Global
11.10.1 ALS Global Company Details
11.10.2 ALS Global Business Overview and Its Total Revenue
11.10.3 ALS Global Testing, Inspection and Certification（TIC) Introduction
11.10.4 ALS Global Revenue in Testing, Inspection and Certification（TIC) Business (2016-2021)
11.10.5 ALS Global Recent Development
11.11 TUV NORD
10.11.1 TUV NORD Company Details
10.11.2 TUV NORD Business Overview and Its Total Revenue
10.11.3 TUV NORD Testing, Inspection and Certification（TIC) Introduction
10.11.4 TUV NORD Revenue in Testing, Inspection and Certification（TIC) Business (2016-2021)
10.11.5 TUV NORD Recent Development
11.12 UL Services
10.12.1 UL Services Company Details
10.12.2 UL Services Business Overview and Its Total Revenue
10.12.3 UL Services Testing, Inspection and Certification（TIC) Introduction
10.12.4 UL Services Revenue in Testing, Inspection and Certification（TIC) Business (2016-2021)
10.12.5 UL Services Recent Development
11.13 Lloyd’s Register
10.13.1 Lloyd’s Register Company Details
10.13.2 Lloyd’s Register Business Overview and Its Total Revenue
10.13.3 Lloyd’s Register Testing, Inspection and Certification（TIC) Introduction
10.13.4 Lloyd’s Register Revenue in Testing, Inspection and Certification（TIC) Business (2016-2021)
10.13.5 Lloyd’s Register Recent Development
11.14 CCIC
10.14.1 CCIC Company Details
10.14.2 CCIC Business Overview and Its Total Revenue
10.14.3 CCIC Testing, Inspection and Certification（TIC) Introduction
10.14.4 CCIC Revenue in Testing, Inspection and Certification（TIC) Business (2016-2021)
10.14.5 CCIC Recent Development
11.15 SIRIM QAS
10.15.1 SIRIM QAS Company Details
10.15.2 SIRIM QAS Business Overview and Its Total Revenue
10.15.3 SIRIM QAS Testing, Inspection and Certification（TIC) Introduction
10.15.4 SIRIM QAS Revenue in Testing, Inspection and Certification（TIC) Business (2016-2021)
10.15.5 SIRIM QAS Recent Development
11.16 GRGTEST
10.16.1 GRGTEST Company Details
10.16.2 GRGTEST Business Overview and Its Total Revenue
10.16.3 GRGTEST Testing, Inspection and Certification（TIC) Introduction
10.16.4 GRGTEST Revenue in Testing, Inspection and Certification（TIC) Business (2016-2021)
10.16.5 GRGTEST Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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  • Assign a senior SR executive as QA Executive
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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