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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.
Governments have formulated stringent regulations and standards to ensure the quality and safety of products and there is increasing awareness among consumers regarding the quality of consumer goods. These products have become essential in everyday life and are manufactured keeping in mind the regulations specified by government bodies to guarantee product safety. The increasing demand for consumer goods leads to a greater requirement of testing, inspection, and certification services to ensure the product quality and safety.
Europe is the largest regions of Testing, Inspection and Certification, with revenue market share about 38.51% in 2017, North America following Europe, takes revenue market share of 27.38%. Asia-Pacific is an important market of Testing, Inspection and Certification, accounting for 22% revenue market share.
According to this study, over the next five years the Testing, Inspection and Certification（TIC) market will register a 4.6% CAGR in terms of revenue, the global market size will reach US$ 117250 million by 2024, from US$ 93800 million in 2019. In particular, this report presents the global revenue market share of key companies in Testing, Inspection and Certification（TIC) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Testing, Inspection and Certification（TIC) market by product type, application, key companies and key regions.
This study considers the Testing, Inspection and Certification（TIC) value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
In-House
Outsourced
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Consumer Product
Commodities
Industry
LFE
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
SGS Group
Bureau Veritas
Dekra Certification
Intertek
TUV SUD
Eurofins Scientific
DNV
TUV Rheinland
UL LLC
ALS Limited
TUV Nord Group
Mistras Group
SAI Global
BSI Group
Exova Group
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Testing, Inspection and Certification（TIC) market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Testing, Inspection and Certification（TIC) market by identifying its various subsegments.
Focuses on the key global Testing, Inspection and Certification（TIC) players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Testing, Inspection and Certification（TIC) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Testing, Inspection and Certification（TIC) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
2019-2024 Global Testing, Inspection and Certification（TIC) Market Report (Status and Outlook)
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Testing, Inspection and Certification（TIC) Market Size 2014-2024
2.1.2 Testing, Inspection and Certification（TIC) Market Size CAGR by Region
2.2 Testing, Inspection and Certification（TIC) Segment by Type
2.2.1 In-House
2.2.2 Outsourced
2.3 Testing, Inspection and Certification（TIC) Market Size by Type
2.3.1 Global Testing, Inspection and Certification（TIC) Market Size Market Share by Type (2014-2019)
2.3.2 Global Testing, Inspection and Certification（TIC) Market Size Growth Rate by Type (2014-2019)
2.4 Testing, Inspection and Certification（TIC) Segment by Application
2.4.1 Consumer Product
2.4.2 Commodities
2.4.3 Industry
2.4.4 LFE
2.4.5 Other
2.5 Testing, Inspection and Certification（TIC) Market Size by Application
2.5.1 Global Testing, Inspection and Certification（TIC) Market Size Market Share by Application (2014-2019)
2.5.2 Global Testing, Inspection and Certification（TIC) Market Size Growth Rate by Application (2014-2019)
3 Global Testing, Inspection and Certification（TIC) by Players
3.1 Global Testing, Inspection and Certification（TIC) Market Size Market Share by Players
3.1.1 Global Testing, Inspection and Certification（TIC) Market Size by Players (2017-2019)
3.1.2 Global Testing, Inspection and Certification（TIC) Market Size Market Share by Players (2017-2019)
3.2 Global Testing, Inspection and Certification（TIC) Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Testing, Inspection and Certification（TIC) by Regions
4.1 Testing, Inspection and Certification（TIC) Market Size by Regions
4.2 Americas Testing, Inspection and Certification（TIC) Market Size Growth
4.3 APAC Testing, Inspection and Certification（TIC) Market Size Growth
4.4 Europe Testing, Inspection and Certification（TIC) Market Size Growth
4.5 Middle East & Africa Testing, Inspection and Certification（TIC) Market Size Growth
5 Americas
5.1 Americas Testing, Inspection and Certification（TIC) Market Size by Countries
5.2 Americas Testing, Inspection and Certification（TIC) Market Size by Type
5.3 Americas Testing, Inspection and Certification（TIC) Market Size by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Testing, Inspection and Certification（TIC) Market Size by Countries
6.2 APAC Testing, Inspection and Certification（TIC) Market Size by Type
6.3 APAC Testing, Inspection and Certification（TIC) Market Size by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Testing, Inspection and Certification（TIC) by Countries
7.2 Europe Testing, Inspection and Certification（TIC) Market Size by Type
7.3 Europe Testing, Inspection and Certification（TIC) Market Size by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Testing, Inspection and Certification（TIC) by Countries
8.2 Middle East & Africa Testing, Inspection and Certification（TIC) Market Size by Type
8.3 Middle East & Africa Testing, Inspection and Certification（TIC) Market Size by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Global Testing, Inspection and Certification（TIC) Market Forecast
10.1 Global Testing, Inspection and Certification（TIC) Market Size Forecast (2019-2024)
10.2 Global Testing, Inspection and Certification（TIC) Forecast by Regions
10.2.1 Global Testing, Inspection and Certification（TIC) Forecast by Regions (2019-2024)
10.2.2 Americas Market Forecast
10.2.3 APAC Market Forecast
10.2.4 Europe Market Forecast
10.2.5 Middle East & Africa Market Forecast
10.3 Americas Forecast by Countries
10.3.1 United States Market Forecast
10.3.2 Canada Market Forecast
10.3.3 Mexico Market Forecast
10.3.4 Brazil Market Forecast
10.4 APAC Forecast by Countries
10.4.1 China Market Forecast
10.4.2 Japan Market Forecast
10.4.3 Korea Market Forecast
10.4.4 Southeast Asia Market Forecast
10.4.5 India Market Forecast
10.4.6 Australia Market Forecast
10.5 Europe Forecast by Countries
10.5.1 Germany Market Forecast
10.5.2 France Market Forecast
10.5.3 UK Market Forecast
10.5.4 Italy Market Forecast
10.5.5 Russia Market Forecast
10.5.6 Spain Market Forecast
10.6 Middle East & Africa Forecast by Countries
10.6.1 Egypt Market Forecast
10.6.2 South Africa Market Forecast
10.6.3 Israel Market Forecast
10.6.4 Turkey Market Forecast
10.6.5 GCC Countries Market Forecast
10.7 Global Testing, Inspection and Certification（TIC) Forecast by Type
10.8 Global Testing, Inspection and Certification（TIC) Forecast by Application
11 Key Players Analysis
11.1 SGS Group
11.1.1 Company Details
11.1.2 Testing, Inspection and Certification（TIC) Product Offered
11.1.3 SGS Group Testing, Inspection and Certification（TIC) Revenue, Gross Margin and Market Share (2017-2019)
11.1.4 Main Business Overview
11.1.5 SGS Group News
11.2 Bureau Veritas
11.2.1 Company Details
11.2.2 Testing, Inspection and Certification（TIC) Product Offered
11.2.3 Bureau Veritas Testing, Inspection and Certification（TIC) Revenue, Gross Margin and Market Share (2017-2019)
11.2.4 Main Business Overview
11.2.5 Bureau Veritas News
11.3 Dekra Certification
11.3.1 Company Details
11.3.2 Testing, Inspection and Certification（TIC) Product Offered
11.3.3 Dekra Certification Testing, Inspection and Certification（TIC) Revenue, Gross Margin and Market Share (2017-2019)
11.3.4 Main Business Overview
11.3.5 Dekra Certification News
11.4 Intertek
11.4.1 Company Details
11.4.2 Testing, Inspection and Certification（TIC) Product Offered
11.4.3 Intertek Testing, Inspection and Certification（TIC) Revenue, Gross Margin and Market Share (2017-2019)
11.4.4 Main Business Overview
11.4.5 Intertek News
11.5 TUV SUD
11.5.1 Company Details
11.5.2 Testing, Inspection and Certification（TIC) Product Offered
11.5.3 TUV SUD Testing, Inspection and Certification（TIC) Revenue, Gross Margin and Market Share (2017-2019)
11.5.4 Main Business Overview
11.5.5 TUV SUD News
11.6 Eurofins Scientific
11.6.1 Company Details
11.6.2 Testing, Inspection and Certification（TIC) Product Offered
11.6.3 Eurofins Scientific Testing, Inspection and Certification（TIC) Revenue, Gross Margin and Market Share (2017-2019)
11.6.4 Main Business Overview
11.6.5 Eurofins Scientific News
11.7 DNV
11.7.1 Company Details
11.7.2 Testing, Inspection and Certification（TIC) Product Offered
11.7.3 DNV Testing, Inspection and Certification（TIC) Revenue, Gross Margin and Market Share (2017-2019)
11.7.4 Main Business Overview
11.7.5 DNV News
11.8 TUV Rheinland
11.8.1 Company Details
11.8.2 Testing, Inspection and Certification（TIC) Product Offered
11.8.3 TUV Rheinland Testing, Inspection and Certification（TIC) Revenue, Gross Margin and Market Share (2017-2019)
11.8.4 Main Business Overview
11.8.5 TUV Rheinland News
11.9 UL LLC
11.9.1 Company Details
11.9.2 Testing, Inspection and Certification（TIC) Product Offered
11.9.3 UL LLC Testing, Inspection and Certification（TIC) Revenue, Gross Margin and Market Share (2017-2019)
11.9.4 Main Business Overview
11.9.5 UL LLC News
11.10 ALS Limited
11.10.1 Company Details
11.10.2 Testing, Inspection and Certification（TIC) Product Offered
11.10.3 ALS Limited Testing, Inspection and Certification（TIC) Revenue, Gross Margin and Market Share (2017-2019)
11.10.4 Main Business Overview
11.10.5 ALS Limited News
11.11 TUV Nord Group
11.12 Mistras Group
11.13 SAI Global
11.14 BSI Group
11.15 Exova Group
12 Research Findings and Conclusion
List of Tables and Figures
Table Product Specifications of Testing, Inspection and Certification（TIC)
Figure Testing, Inspection and Certification（TIC) Report Years Considered
Figure
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