Construction materials, and structures fulfill local, national, and international standards for quality, safety, and sustainability is ensured by the TIC market for building & construction industry. The Testing, Inspection, and Certification (TIC) market for the Building and Construction Industry is a rapidly propelling division.
Factors which are driving the demand for TIC services are the urbanization and development in infrastructure due to rising investments in transportation, housing, and utilities. Stringent enforcement of building codes and environmental standards like LEED or BREEAM too are the key trends of this market growth. Use of AI and IoT in smart buildings requires testing and certification.
Testing and inspecting digital replicas of physical buildings, TIC services for green certifications and low-carbon building solutions, ensuring prefab components meet standards and testing IoT and automated systems are the key trends which are accountable for the growth of the market.
The global TIC market for building & construction industry is expected to grow at a CAGR of 6% during the forecast period 2025-2030. The growth of the market is driven by the increasing demand for safe and sustainable buildings, the rising focus on quality control, and the growing need for compliance with international standards.
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The market is segmented by service type, sourcing type, industry vertical, and region. The testing segment is expected to dominate the market during the forecast period, owing to the increasing demand for safety measurements in the building & construction industry. The in-house segment is expected to dominate the market during the forecast period, owing to the increasing focus on cost savings and the need for better control over the quality of products and services.
The Asia Pacific region is expected to be the fastest-growing market during the forecast period, owing to the rising demand for infrastructure development in the region. China, India, and Japan are expected to be the key drivers of growth in the region.
The key players in the global TIC market for building & construction industry include SGS, Bureau Veritas, Intertek, Eurofins Scientific, and DEKRA. These players are focusing on expanding their geographical presence and developing new products and services to meet the growing demand for TIC services in the building & construction industry.
Key Takeaways
The global TIC market for building & construction industry is expected to grow at a CAGR of 6% during the forecast period 2025-2030.
The market is driven by the increasing demand for safe and sustainable buildings, the rising focus on quality control, and the growing need for compliance with international standards.
The testing segment is expected to dominate the market during the forecast period.
The in-house segment is expected to dominate the market during the forecast period.
The Asia Pacific region is expected to be the fastest-growing market during the forecast period.
The key players in the market are SGS, Bureau Veritas, Intertek, Eurofins Scientific, and DEKRA.
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