Pune, Sept. 29, 2021 (GLOBE NEWSWIRE) -- Global Testing, Inspection and Certification (TIC) Market Outlook To 2027: The global Testing, Inspection and Certification (TIC) market size is projected to reach US$ 148780 million by 2027, from US$ 107160 million in 2020, at a CAGR of 4.8% during 2021-2027.

Global “Testing, Inspection and Certification (TIC) Market” Research Report 2021-2027 is a historical overview and in-depth study on the current & future market of the Testing, Inspection and Certification (TIC) industry. The report represents a basic overview of the Testing, Inspection and Certification (TIC) market share, competitor segment with a basic introduction of key vendors, top regions, product types, and end industries. This report gives a historical overview of the Testing, Inspection and Certification (TIC) market trends, growth, revenue, capacity, cost structure, and key driver’s analysis. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the Testing, Inspection and Certification (TIC) market.

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Scope of the Testing, Inspection and Certification (TIC) Market Report:

Companies provide inspection, verification, testing and certification services and related support functions such as auditing, consulting and training. The purpose of these services is to increase productivity, help local manufacturers meet global standards, manage risk, and improve the quality, safety and compliance of a company’s products and services.

The primary role of testing, inspection, and certification is to ensure the maintenance of the health, safety, and quality requirements products. Testing, inspection, and certification companies are engaged in inspection, verification, testing and certification services to help increase productivity and also help local manufacturers comply with the global standards.
The global Testing, Inspection and Certification (TIC) key players include SGS, Bureau Veritas, Eurofins Scientific, Intertek, Dekra, TUV SUD, TÜV Rheinland, Applus, DNV GL and ALS Global, etc. Global top five players hold a share about 15%.

"Final Report will add the analysis of the impact of COVID-19 on this industry."

TO UNDERSTAND HOW COVID-19 IMPACT IS COVERED IN THIS REPORT

The Major Players in the Testing, Inspection and Certification (TIC) Market include: The research covers the current Testing, Inspection and Certification (TIC) market size and its growth rates based on 5-year records with company outline of key players/manufacturers:

• SGS

• Bureau Veritas

• Eurofins Scientific

• Intertek

• Dekra

• TUV SUD

• TÜV Rheinland

• Applus

• DNV GL

• ALS Global

• TUV NORD

• UL Services

• Lloyd’s Register

• CCIC

• SIRIM QAS

• Guangzhou GRG Metrology &Test co.Ltd

On the basis of product type, this report displays the production, revenue, price, market share, and growth rate of each type, primarily split into:

• Mandatory Testing, Inspection and Certification Services

• Market Testing, Inspection and Certification Services

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share, and growth rate for each application, including:

• Food

• Energy

• Consumer Goods

• Automotive

• Manufacturing

• Infrastructure and Railways

• Others

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The Testing, Inspection and Certification (TIC) Market competitive landscape provides details and data information by players. The report offers a comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2016-2021. Details included are company description, major business, company total revenue and the sales, revenue generated in Testing, Inspection and Certification (TIC) business, the date to enter into the Testing, Inspection and Certification (TIC) market, Testing, Inspection and Certification (TIC) product introduction, recent developments, etc.

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Some of the key questions answered in this report:

• What is the global (North America, Europe, Asia-Pacific, South America, Middle East & Africa) sales value, production value, consumption value, import and export of Testing, Inspection and Certification (TIC)?

• Who are the global key manufacturers of the Testing, Inspection and Certification (TIC) Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

• What are the Testing, Inspection and Certification (TIC) market opportunities and threats faced by the vendors in the global Testing, Inspection and Certification (TIC) Industry?

• Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

• What focused approach and constraints are holding the Testing, Inspection and Certification (TIC) market?

• What are the different sales, marketing, and distribution channels in the global industry?

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Years considered for this report:

• Historical Years: 2016-2020

• Base Year: 2020

• Estimated Year: 2021

• Testing, Inspection and Certification (TIC) Market Forecast Period: 2021-2027

With tables and figures helping analyse worldwide Global Testing, Inspection and Certification (TIC) market trends, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

Some Points from TOC:

1 Study Coverage
1.1 Testing, Inspection and Certification (TIC) Product Introduction
1.2 Market by Type
1.2.1 Global Testing, Inspection and Certification (TIC) Market Size Growth Rate by Type
1.3 Market by Application
1.3.1 Global Testing, Inspection and Certification (TIC) Market Size Growth Rate by Application
1.4 Study Objectives
1.5 Years Considered

2 Executive Summary
2.1 Global Testing, Inspection and Certification (TIC) Market Size, Estimates and Forecasts
2.1.1 Global Testing, Inspection and Certification (TIC) Revenue 2016-2027
2.1.2 Global Testing, Inspection and Certification (TIC) Sales 2016-2027
2.2 Global Testing, Inspection and Certification (TIC), Market Size by Region: 2016 VS 2021 VS 2027
2.3 Testing, Inspection and Certification (TIC) Historical Market Size by Region (2016-2021)
2.3.1 Global Testing, Inspection and Certification (TIC) Retrospective Market Scenario in Sales by Region: 2016-2021
2.3.2 Global Testing, Inspection and Certification (TIC) Retrospective Market Scenario in Revenue by Region: 2016-2021
2.4 Testing, Inspection and Certification (TIC) Market Estimates and Projections by Region (2022-2027)
2.4.1 Global Testing, Inspection and Certification (TIC) Sales Forecast by Region (2022-2027)
2.4.2 Global Testing, Inspection and Certification (TIC) Revenue Forecast by Region (2022-2027)

3 Global Testing, Inspection and Certification (TIC) Competitor Landscape by Players
3.1 Global Top Testing, Inspection and Certification (TIC) Manufacturers by Sales
3.1.1 Global Testing, Inspection and Certification (TIC) Sales by Manufacturer (2016-2021)
3.1.2 Global Testing, Inspection and Certification (TIC) Sales Market Share by Manufacturer (2016-2021)
3.2 Global Top Testing, Inspection and Certification (TIC) Manufacturers by Revenue
3.2.1 Key Testing, Inspection and Certification (TIC) Manufacturers Covered: Ranking by Revenue
3.2.2 Global Testing, Inspection and Certification (TIC) Revenue by Manufacturers (2016-2021)
3.2.3 Global Testing, Inspection and Certification (TIC) Revenue Share by Manufacturers (2016-2021)
3.2.4 Global Testing, Inspection and Certification (TIC) Market Concentration Ratio (CR5 and HHI) (2016-2021)
3.2.5 Global Top 10 and Top 5 Companies by Testing, Inspection and Certification (TIC) Revenue in 2020
3.2.6 Global Testing, Inspection and Certification (TIC) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Global Testing, Inspection and Certification (TIC) Price by Manufacturers
3.4 Global Testing, Inspection and Certification (TIC) Manufacturing Base Distribution, Product Types
3.4.1 Testing, Inspection and Certification (TIC) Manufacturers Manufacturing Base Distribution, Headquarters
3.4.2 Manufacturers Testing, Inspection and Certification (TIC) Product Type
3.4.3 Date of International Manufacturers Enter into Testing, Inspection and Certification (TIC) Market
3.5 Manufacturers Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type (2016-2027)
4.1 Global Testing, Inspection and Certification (TIC) Market Size by Type (2016-2021)
4.1.1 Global Testing, Inspection and Certification (TIC) Sales by Type (2016-2021)
4.1.2 Global Testing, Inspection and Certification (TIC) Revenue by Type (2016-2021)
4.1.3 Testing, Inspection and Certification (TIC) Average Selling Price (ASP) by Type (2016-2021)
4.2 Global Testing, Inspection and Certification (TIC) Market Size Forecast by Type (2022-2027)
4.2.1 Global Testing, Inspection and Certification (TIC) Sales Forecast by Type (2022-2027)
4.2.2 Global Testing, Inspection and Certification (TIC) Revenue Forecast by Type (2022-2027)
4.2.3 Testing, Inspection and Certification (TIC) Average Selling Price (ASP) Forecast by Type (2022-2027)

5 Breakdown Data by Application (2016-2027)
5.1 Global Testing, Inspection and Certification (TIC) Market Size by Application (2016-2021)
5.1.1 Global Testing, Inspection and Certification (TIC) Sales by Application (2016-2021)
5.1.2 Global Testing, Inspection and Certification (TIC) Revenue by Application (2016-2021)
5.1.3 Testing, Inspection and Certification (TIC) Price by Application (2016-2021)
5.2 Testing, Inspection and Certification (TIC) Market Size Forecast by Application (2022-2027)
5.2.1 Global Testing, Inspection and Certification (TIC) Sales Forecast by Application (2022-2027)
5.2.2 Global Testing, Inspection and Certification (TIC) Revenue Forecast by Application (2022-2027)
5.2.3 Global Testing, Inspection and Certification (TIC) Price Forecast by Application (2022-2027)
……………………
7 North America
8 Asia Pacific
9 Europe
10 Latin America
11 Middle East and Africa
12 Company Profiles
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
14 Value Chain and Sales Channels Analysis
15 Research Findings and Conclusion
16 Appendix

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