Testing, Inspection, and Certification (TIC) Market Outlook With Is Expected To Grow 236600 Million $ Till 2022


Posted November 14, 2018 by amarsasane

“Testing, Inspection, and Certification (TIC) Market” report includes - Industry Future Trends, Growth Opportunity, Experts reviews and forecast period (2018-2022).

 
Global Testing, Inspection, and Certification (TIC) Market overview:

With the slowdown in world economic growth, the Testing, Inspection, and Certification (TIC) industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Testing, Inspection, and Certification (TIC) market size to maintain the average annual growth rate of 5.26% from 158420 million $ in 2014 to 184770 million $ in 2017, market analysts believe that in the next few years, Testing, Inspection, and Certification (TIC) market size will be further expanded, we expect that by 2022, The market size of the Testing, Inspection, and Certification (TIC) will reach 236600 million $.

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The Global Testing, Inspection and Certification (TIC) market is experiencing growth owing to the factors such as increased outsourcing of testing, inspection & certification services and diversified requirement of products and standard regulations. Regulations pertaining to quality, health and environment safety have become stringent in the recent past which is driving the demand for these services. Apart from this, end-user demand seeking third party assurance and improved risk awareness and focus on risk prevention are also the major factor which are expected to boost the demand for testing, inspection and certification services across the globe.

Global Testing, Inspection and Certification (TIC) market is segmented on the basis of Service Type, Sourcing Type, Application and Region. Based on Sourcing segment is many large firms are increasingly outsourcing TIC services because the increased regulations make it costly to conduct test in-house, thereby helping the firms to reduce the overall cost of testing. Demand for outsourcing TIC services to third-party vendors is increasing for applications such as consumer goods and manufacturing owing to the capital-intensive nature of in-house TIC activities.

Regional Analysis, Asia-Pacific region, China is a prominent exporter to several countries around the world this factor has led to a rise in TIC services in the country to ensure compliance with international standards. The rising dominance of emerging Asian countries such as China and India in international trade would require them to produce goods complying with internationally accepted standards.

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Major Key Players:

1 Sgs

2 Bureau Veritas

3 Intertek

4 Dekra

5 Eurofins Scientific

6 Tuv Sud

7 Dnv Gl

8 Tuv Rheinland

9 Applus

10 Als

11 Tuv Nord and More………………..

Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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Table of Contents:

Global Testing, Inspection, and Certification (TIC) Market Report 2018

1 Testing, Inspection, and Certification (TIC) Definition

2 Global Testing, Inspection, and Certification (TIC) Market Major Player Share and Market Overview

3 Major Player Testing, Inspection, and Certification (TIC) Business Introduction

4 Global Testing, Inspection, and Certification (TIC) Market Segmentation (Region Level)

5 Global Testing, Inspection, and Certification (TIC) Market Segmentation ( Type Level)

6 Global Testing, Inspection, and Certification (TIC) Market Segmentation (Industry Level)

7 Global Testing, Inspection, and Certification (TIC) Market Segmentation (Channel Level)

8 Testing, Inspection, and Certification (TIC) Market Forecast 2018-2022

9 Testing, Inspection, and Certification (TIC) Segmentation Type

10 Testing, Inspection, and Certification (TIC) Segmentation Industry

11 Testing, Inspection, and Certification (TIC) Cost Analysis

12 Conclusion

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Tags Testing, Inspection, and Certification (TIC) , Global Testing, Inspection, and Certification (TIC) Market , Testing, Inspection, and Certification (TIC) Market , Testing, Inspection, and Certification (TIC) Industry Analysis , Testing, Inspection, and Certification (TIC) Market Size , Sgs , Intertek , Dekra
Last Updated November 14, 2018