"Testing, Inspection and Certification Market is projected to grow up to USD 262.4 billion by 2027 growing at a CAGR of 4.3% during the forecasting period 2021-2027

The Testing, Inspection and Certification is mainly abbreviated as TIC, comprises of a wide range industry sectors and different standards and legislation. TIC refers to the services that includes auditing, testing to inspection, verification, quality assurance and certification. TIC are the independent companies that plays an essential role in economic terms for all the kind of sectors, that ranges from automotive, education, tourism, hospitality, logistics, etc. in TIC the testing refers to determination of characteristics of the objects, inspection calls for examination of product by comparing its quality, size, process, etc. and the last step that is certification is given from a authorized third party when the product passes all the stages of examination. The TIC market is mainly characterized by different trends that involves a proliferation of standards and regulations, increased simplification of procedure, controls technologies and helps in sustaining the growing interest of users and customers. Enhanced use of TIC for quality assessment is highly demanded by the manufacturers to maintain their market size.

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Testing, Inspection and Certification Market, By Application
Key Points
Consumer Goods and Retail
Agriculture and Food
Chemicals
Construction and Infrastructure
Energy and Power
Industrial manufacturing
Medical and Life Sciences
Mining
Oil & Gas and Petroleum
Public Sector
Automotive
Aerospace
Marine
Railways
Supply Chain and Logistics
IT and Telecommunications
Sports & Entertainment

Testing, Inspection and Certification Market, By Sourcing Types
Key Points
In-house services
Outsourced services

Testing, Inspection and Certification Market, By Service Type
Key Points
Testing
Inspection
Certification
Others

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