According to the Latest Publication from Meticulous Research® titled “Testing, Inspection, and Certification Market by Service, End User (Retail, Agriculture, Oil & Gas, Construction, Chemicals, Machinery, Transportation, Automotive, Government, Marine, and Healthcare), and Region—Forecast to 2027,” the Testing, Inspection, and Certification (TIC) Market Is Expected to Reach $105.99 Billion by 2027 at a CAGR of 2.4% from 2020.

The Testing, Inspection, Certification (TIC) is providing services to the companies operating across various industrial verticals for the purpose of improving the productivity, efficiency, manufacturing process for manufacturers to meet with the globally recognized standards, regulations and policies set by government to improve the quality of the product. The TIC Market is segmented by Service Type (Testing and Inspection Service, Certification Service), Sourcing Type (Outsourced, In-house), End-user Vertical (Consumer Goods and Retail, Food and Agriculture, Oil and Gas, Construction and Engineering, Energy and Chemicals, Manufacturing of Industrial Goods), Transportation (Rail and Aerospace, Industrial and Automotive), and Geography. The testing, inspection, and certification market study presents historical market data (2018 and 2019), estimated current data (2020), and forecasts for 2027.

The growth of the TIC market is majorly attributed to factors, such as the growing global demand for regulation of materials, products, systems, and processes, stringent government regulations, the growing illicit trade of forged and pirated goods, rising awareness among consumers regarding product quality and safety, and the emergence of advanced technologies.

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Scope of the Report
TIC Market by End User:
• Consumer Goods and Retail
• Agriculture and Food
• Oil & Gas
• Construction
• Chemicals
• Mining
• Machinery
• Transportation
• Automotive
• Power Generation
• Government
• Marine
• Healthcare
• Financial Institutions
• Others
TIC Market by Service:
• Testing
• Inspection
• Certification
TIC Market by Geography:
• North America
o U.S.
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o Japan
o China
o India
o Rest of Asia-Pacific
• Latin America
• Middle East & Africa
Check Complete Table of Contents with the List of Tables and Figures: https://www.meticulousresearch.com/product/testing-inspection-and-certification-market-5151

Key Players operating in the testing, inspection, and certification market are SGS S.A. (Switzerland), Bureau Veritas S.A. (France), Intertek Group Plc. (U.K.), TÜV Süd AG (Germany), Dekra SE (Germany), Eurofins Scientific SE (Luxembourg), TÜV Rheinland AG Group (U.S.), Element Materials Technology Ltd. (U.K.), Lloyd’s Register Group Limited (U.K.), APPLUS+ (Spain), AsureQuality (New Zealand), DNV GL (Norway), ALS Ltd. (Australia), Mistras Group (U.S.), and UL LLC (U.S.), among others.

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