Global Testing, Inspection and Certification (TIC) Market and Forecast 2020-2026

                                          
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.

The global Testing, Inspection and Certification (TIC) key players include SGS, Bureau Veritas, Eurofins Scientific, Intertek, Dekra, TUV SUD, TÜV Rheinland, Applus, DNV GL and ALS Global, etc. Global top five players hold a share about 15%.

Market Analysis and Insights: Global Testing, Inspection and Certification (TIC) Market


The research report studies the Testing, Inspection and Certification (TIC) market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.

The global Testing, Inspection and Certification (TIC) market size is projected to reach US$ 141970 million by 2026, from US$ 107160 million in 2020, at a CAGR of 4.8% during 2021-2026.

Global Testing, Inspection and Certification (TIC) Scope and Segment
The global Testing, Inspection and Certification (TIC) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Testing, Inspection and Certification (TIC) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.

by Type, the market is primarily split into

 	
Mandatory Testing, Inspection and Certification Services
 	
Market Testing, Inspection and Certification Services

by Application, this report covers the following segments

 	
Food
 	
Energy
 	
Consumer Goods
 	
Automotive
 	
Manufacturing
 	
Infrastructure and Railways
 	
Others

The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.

The Testing, Inspection and Certification (TIC) key players in this market include:

 	
SGS
 	
Bureau Veritas
 	
Eurofins Scientific
 	
Intertek
 	
Dekra
 	
TUV SUD
 	
TÜV Rheinland
 	
Applus
 	
DNV GL
 	
ALS Global
 	
TUV NORD
 	
UL Services
 	
Lloyd’s Register
 	
CCIC
 	
SIRIM QAS
 	
Guangzhou GRG Metrology &Test co.Ltd