Global Testing, Inspection And Certification (TIC) Market Si...| MENAFN.COM

Thursday, 29 September 2022 05:33 GMT

Global Testing, Inspection And Certification (TIC) Market Size Worth $304.5 Billion By 2030 At A 5.5% CAGR: Custom Market Insights (Share, Report, Trends, Forecast, Trends, Segmentation)


(MENAFN- GlobeNewsWire - Nasdaq)

Sandy, Utah, USA, Sept. 15, 2022 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Testing, Inspection and Certification (TIC) Market Size, Share, Growth Analysis Report By Type (Inspection, Certification, Testing), By Domain (Medical & Life Science, Chemical, Consumer Goods, Food & Beverages), and By Region - Global Industry Overview, Statistical Data, Competitive Intelligence, Trends, Outlook, and Forecast 2022–2030” in its research database.

“According to the latest research study, the demand of global Testing, Inspection and Certification (TIC) Market size & share was valued at approximately USD 233.2 Billion in 2022 and is expected to reach a value of around USD 304.5 Billion by 2030, at a compound annual growth rate (CAGR) of about 5.5% during the forecast period 2022 to 2030.”

Click Here to Access a Free Sample Report of the Global Testing, Inspection and Certification (TIC) Market Market @

The global Testing, Inspection and Certification market research report offers an in-depth analysis of the global market size, further segmented into the regional and country-level market size and segmentation market growth. Also, it provides the market share, sales analysis, competitive landscape, the impact of domestic and global market participants, trade regulations, value chain optimization, recent key developments, strategic market growth analysis, opportunities analysis, product launches, and technological innovations.


(Please get in touch with us for more information: a free sample of the Testing, Inspection and Certification (TIC) report is available upon request.)

Our Free Sample Report Consists of the following:

  • Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
  • The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
  • About 220+ Pages Research Report (Including Recent Research)
  • Provide detailed chapter-by-chapter guidance on request
  • Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2022
  • Includes Tables and figures have been updated
  • The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis.
  • Custom Market Insights (CMI) research methodology

(Please note that the sample of the Testing, Inspection and Certification (TIC) report has been modified to include the COVID-19 impact study before delivery.)

Testing, Inspection, and Certification Market: Overview

Post-COVID-19 pandemic, the transportation industry is again witnessing very high growth globally. With the economies attempting to resume full swing, the transportation industry is projected to attract more growth in terms of upgrades, use of state-of-the-art technology, and shift in consumer mindset. Besides, the pandemic has affected the global supply chain causing huge delays in the transportation of goods and products throughout all business sectors. However, in the healthcare sector, collaborative practices such as partnerships with NGOs and others have empowered the production and distribution of biomedical products. Therefore, the market conditions are full of opportunities for new entrants.

To know about the assumptions considered for the study, download the pdf brochure @

Growth Factors

Growing dependence on quality assurance

The Testing, Inspection, and Certification market is propelled by growing digitalization, increasing internet penetration, and the rise in spending capabilities of individuals. The market is expected to boost due to the growing adoption of inspection and certification services against digital products.

Collaboration has gained immense traction in the testing industries, that have resulted in a positive impact. For instance, the healthcare industry is booming owing to the market opportunities to develop innovative strategies to comply with the ever-changing needs of consumers. Additionally, certifications are mandatory in healthcare and consumer goods, encouraging reliability and performance. 

The emergence of IoT and the need for product security remain crucial to market growth. Therefore, the market is expected to witness a huge significance in the forecast period owing to these factors.


Key questions answered in this report:

  • What is the size of the Testing, Inspection and Certification (TIC) market, and what is its expected growth rate?
  • What are the primary driving factors that push the Testing, Inspection and Certification (TIC) market forward?
  • What are the Testing, Inspection and Certification (TIC) Industry's top companies?
  • What are the different categories that the Testing, Inspection and Certification (TIC) Market caters to?
  • What will be the fastest-growing segment or region?
  • In the value chain, what role do essential players play?
  • What is the procedure for getting a free copy of the Testing, Inspection and Certification (TIC) market sample report and company profiles?

To know about the assumptions considered for the study, download the pdf brochure @

Segmental Overview

The Testing, Inspection, and Certification market is categorized into type and domain. By type, the inspection market was estimated to be the largest segment in the Testing, Inspection, and Certification market and is expected to be the largest segment throughout 2022-2030. Certification services will likely account for a reliable growth in the upcoming years. The growing need for quality inspection in the consumer category is projected to account for robust market growth. Besides, the availability of technological platforms for testing purposes has gained immense traction in the past few years.

Key Offerings:

  • Market Share, Size & Forecast by Revenue | 2022−2030
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
  • Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

Directly Purchase a copy of the report [220+ Pages] @

Key Players Insights

Our market analysis on Testing, Inspection and Certification also involves a separate section dedicated to major players operating in the market. Our analysts offer an understanding of the financial statements of all the key participants, their product portfolios and SWOT analysis. Moreover, the report also offers a competitive landscape chapter, including strategic key development, market share, and global market ranking analysis of the players mentioned. Additionally, we offer our clients leverage to modify the list of players mentioned in our report as a part of our free customization.

To know about the assumptions considered for the study, download the pdf brochure @

Major players in the global Testing, Inspection and Certification market:

  • SGS Group
  • Bureau Veritas
  • TUV NORD
  • TUV SUD
  • DEKRA SE
  • DNV GL
  • Lloyd's Register Group
  • MISTRAS
  • Element Materials Technology
  • Apave International
  • QR Testing
  • TIC Sera
  • Hohenstein

Recent Developments

  • Oct 2021: The Department of Pharmaceuticals, Government of India has appealed to reduce the turnaround time by 40-50% for regulation and approvals to relay novel and state-of-the-art products in the very near future.
  • Dec 2021: The auto sector in India will now introduce automated testing centers for inspection of commercial vehicles making it practice with effect from Apr 1, 2023.
  • July 2022: The TIC Council Americas has recently shared a press release for all consumers that state the significance of authentic products and also boosts consumer awareness.

Directly Purchase a copy of the report [220+ Pages] @ 

Report Scope

Feature of the Report Details
Market Size in 2021 USD 233.2 Billion
Projected Market Size in 2030 USD 304.5 Billion
CAGR Growth Rate 5.5% CAGR
Base Year 2021
Forecast Period 2022-2030
Prominent Players SGS Group, Bureau Veritas, TUV NORD, TUV SUD, DEKRA SE, DNV GL, Lloyd's Register Group, MISTRAS, Element Materials Technology, Apave International, QR Testing, TIC Sera, Hohenstein, and Others
Key Segment By Type, Domain, and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Regional Overview

North America region to dominate the Testing, Inspection and Certification market

North America is estimated to be the leading region in the testing, inspection, and certification market. The region comprises a number of key players complying with industry standards to maintain the quality and capacity of consumer products. In addition, the region is home to significant brands that have a worldwide presence. 

The growing landscape of e-commerce is one of the major factors that boost the demand for testing, inspection, and certification thereby pumping the regional market growth.

Request Customized Copy of Testing, Inspection and Certification (TIC) Market Report @

(We customized your report to meet your specific research requirements. Inquire with our sales team about customizing your report.)

Still, Looking for More Information? OR Want Data for Inclusion in magazines, Case studies, Research Paper or Media?

Email Directly Here with Detail Information:

Browse the full “Testing, Inspection and Certification (TIC) Market Size, Share, Growth Analysis Report By Type (Inspection, Certification, Testing), By Domain (Medical & Life Science, Chemical, Consumer Goods, Food & Beverages), and By Region - Global Industry Overview, Statistical Data, Competitive Intelligence, Trends, Outlook, and Forecast 2022–2030” Report at 

The global Testing, Inspection and Certification market is segmented as follows:

By Type:

  • Inspection
  • Certification
  • Testing

By Domain:

  • Medical & Life Science
  • Chemical
  • Consumer Goods
  • Food & Beverages

By Geography

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

To know about the assumptions considered for the study, download the pdf brochure @

Key Insights:

  • As per the analysis shared by our research analyst, the Testing, Inspection and Certification market is estimated to grow annually at a CAGR of around 5.5% over the forecast period (2022-2030).
  • In terms of revenue, the Testing, Inspection and Certification market size was valued at around USD 233.2 billion in 2021 and is projected to reach USD 304.5 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
  • Based on type segmentation, the inspection segment was predicted to show maximum market share in the year 2021.
  • Based on domain segmentation, the food & beverage segment was the leading revenue-generating category in 2021.
  • On the basis of region, North America region was the leading revenue generator in 2021.

Click Here to Get a Free Sample Report of the Global Testing, Inspection and Certification (TIC) Market @

Spectacular Deals

  • Comprehensive coverage
  • Maximum number of market tables and figures
  • Subscription-based option offered
  • Best price guarantee
  • Free 35% or 60 hours of customization.
  • Free post-sale service assistance.
  • 25% discount on your next purchase.
  • Service guarantees are available.
  • Personalized market brief by author.

Browse More Technology Related Reports:

Video Streaming Software Market:

Passenger Information Display System Market:

Web Real Time Communication (WebRTC) Market:

Web Filtering Market:

Automatic Water Level Controller Market:

Reasons for the Research Report

  • The study provides a thorough overview of the global Testing, Inspection and Certification (TIC) market. Compare your performance to that of the market as a whole.
  • Aim to maintain competitiveness while innovations from established key players fuel market growth.

What does the report include?

  • Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Testing, Inspection and Certification (TIC) market analysis.
  • The competitive environment of current and potential participants in the Testing, Inspection and Certification (TIC) market is covered in the report, as well as those companies' strategic product development ambitions.
  • According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
  • For each segment mentioned above, actual market sizes and forecasts have been given.

To know about the assumptions considered for the study, download the pdf brochure @

Who should buy this report?

· Participants and stakeholders worldwide Testing, Inspection and Certification (TIC) market should find this report useful. The research will be useful to all market participants in the Testing, Inspection and Certification (TIC) industry.

· Managers in the Testing, Inspection and Certification (TIC) sector are interested in publishing up-to-date and projected data about the worldwide Testing, Inspection and Certification (TIC) market.

· Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Testing, Inspection and Certification (TIC) products' market trends.

· Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans. 

About Custom Market Insights:

Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work towards achieving sustainable growth in their respective domains.

Custom Market Insights CMI provides a one-stop solution for data collection to investment advice. The expert analysis of our company digs out essential factors that help to understand the significance and impact of market dynamics. The professional experts apply clients inside on the aspects such as strategies for future estimation fall, forecasting or opportunity to grow, and consumer survey.

Follow Us on LinkedIn

Follow Us on Twitter

Follow Us on Facebook

Contact Us:

 Joel John

 USA: +1 801-639-9061

 India: +91 20 46022736

 Email: 

Web: 

Blog: 

Blog: 

Blog: 

Blog: 

To know about the assumptions considered for the study, download the pdf brochure @




Tags Testing Inspection Certification (TIC) TIC Market TIC Market Share TIC Market Size TIC Industry Inspection Related Links
  • Testing, Inspection and Certification Market
  • TIC Market
  • soundbar market
  • quinine market
  • online voting system market
  • zinc-ion battery market
  • wet wipes market
  • sales tax software market
  • moringa products market
  • off-highway electric vehicle market
  • social media analytics market
  • CMI
  • Textile Chemicals Market
  • Textile Chemicals Market
  • Open-Source Intelligence Market
  • Open Source Intelligence (OSINT) Market
  • Specialty Chemicals Market
  • Specialty Chemicals Market
  • Online Gambling Market & Betting Market
  • Online Gambling Market

MENAFN15092022004107003653ID1104871944


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.