Testing, Inspection, and Certification (TIC) Sector, Global, 2024‒2028
Digitalization in End-use Industries is Driving Transformational Growth Through Increased Need for TIC Services to Ensure Data Integrity and Compliance
This analytics examines the key trends in the global testing, inspection, and certification (TIC) sector and identifies factors that drive and restrain market growth. With 2023 as the base year, this in-depth analysis covers the market across TIC services across 14 end-use industries, which are agriculture & food, chemical, construction, consumer goods & retail, automotive, marine, mining, energy & power, heavy equipment & machinery, medical & life sciences, oil & gas, aerospace, rail, and public sector, for the forecast period (2024 to 2028). It also provides a regional perspective of demand patterns in North America, Europe, the Asia-Pacific, and the rest of the world at an overall level and an analysis of the competitive scenario, including vendors’ market share at a product level. The report sheds light on technology trends impacting customer business, value chain analysis, and growth opportunities emerging from this space for market players and stakeholders.
Growth Environment: Transformation in the Testing, Inspection, and Certification Sector
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Testing, Inspection, and Certification (TIC) Industry
Ecosystem of the TIC Sector
Scope of Analysis
Segmentation
Market Definitions
Value Chain Analysis
Companies to Action (C2A) in the TIC Sector
Competitive Environment
Acquisitions
Key Competitors
Growth Generator: TIC Sector
Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Restraints
Growth Restraint Analysis
Market Overview
Digital Transformation
Use Cases
IoT
EVs
New Testing Facilities for the Automotive Sector
Autonomous Driving (AD)
Regulatory Status for ADAS/AVs
AD
AI/ML
Evolving Landscape of AI Regulations
Growth Parameter Impact
Status of Standards by Industry-Automotive and General
Status of Standards by Industry-Rail
Status of Standards by Industry-Medical
Status of Standards by Industry-Aerospace
Forecast Assumptions
Macroeconomic Factors and Global GDP Growth
Macroeconomic Factors, Inflation, and Interest Rates
Growth Generator
Revenue Forecast
Revenue Forecast by Service Type
Table TIC Sector: Revenue Forecast by Service Type, Global, 2021-2028
Revenue Forecast by End User
Table TIC Sector: Revenue Forecast by End User, Global, 2021-2028
Revenue Forecast by Region
Table TIC Sector: Revenue Forecast by Region, Global, 2021-2028
Revenue Forecast Analysis
Key Region/Country Trends-China
Key Region/Country Trends-United States
Key Region/Country Trends-Europe
Revenue Share
Revenue Share Analysis
Growth Generator: Automotive TIC Segment
Growth Metrics
Revenue Forecast
Revenue Forecast by Application
Revenue Forecast by Service Type
Table Automotive TIC: Revenue Forecast by Service Type, Global, 2021-2028
Forecast Analysis
Growth Generator: Aerospace TIC Segment
Growth Metrics
Revenue Forecast
Revenue Forecast by Application
Table Aerospace TIC: Revenue Forecast by Application, Global, 2021-2028
Revenue Forecast by Service Type
Table Aerospace TIC: Revenue Forecast by Service Type, Global, 2021-2028
Forecast Analysis
Growth Generator: Agri & Food TIC Segment
Growth Metrics
Revenue Forecast
Revenue Forecast by Application
Revenue Forecast by Service Type
Table Agri & Food TIC: Revenue Forecast by Service Type, Global, 2021-2028
Forecast Analysis
Growth Generator: Chemical TIC Segment
Growth Metrics
Revenue Forecast
Revenue Forecast by Service Type
Table Chemical TIC: Revenue Forecast by Service Type, Global, 2021-2028
Forecast Analysis
Growth Generator: Construction TIC Segment
Growth Metrics
Revenue Forecast
Revenue Forecast by Service Type
Table Construction TIC: Revenue Forecast by Service Type, Global, 2021-2028