Global Testing, Inspection, and Certification (TIC) Market 2022-2028

Global Testing, Inspection, and Certification (TIC) Market 2022-2028

According to Gen Consulting Company, the global testing, inspection, and certification market is set to achieve an incremental growth of USD 84.0 billion, acelerating at a CAGR of almost 3.9% during the forecast period 2022-2028.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global testing, inspection, and certification market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the testing, inspection, and certification industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the service type, application, sourcing type, and region. The global market for testing, inspection, and certification can be segmented by service type: testing, inspection, certification. According to the research, the testing segment had the largest share in the global testing, inspection, and certification market. Testing, inspection, and certification market is further segmented by application: retail, agriculture, chemicals, infrastructure, energy, manufacturing, healthcare, mining, oil & gas, petroleum, automotive, supply chain & logistics, others. In 2021, the infrastructure segment made up the largest share of revenue generated by the testing, inspection, and certification market. Based on sourcing type, the testing, inspection, and certification market is segmented into: in-house, outsourced. Among these, the in-house segment was accounted for the highest revenue generator in 2021. On the basis of region, the testing, inspection, and certification market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific captured the largest share of the market in 2021.

Market Segmentation

By service type: testing, inspection, certification

By application: retail, agriculture, chemicals, infrastructure, energy, manufacturing, healthcare, mining, oil & gas, petroleum, automotive, supply chain & logistics, others

By sourcing type: in-house, outsourced

By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report also provides analysis of the key companies of the industry and their detailed company profiles including ALS Limited, Applus Services, S.A., Bureau Veritas S.A., DEKRA SE, DNV AS, Eurofins Scientific SE, Intertek Group plc, Mistras Group, Inc., SGS S.A., among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report

• To analyze and forecast the market size of the global testing, inspection, and certification market.
• To classify and forecast the global testing, inspection, and certification market based on service type, application, sourcing type, region.
• To identify drivers and challenges for the global testing, inspection, and certification market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global testing, inspection, and certification market.
• To identify and analyze the profile of leading players operating in the global testing, inspection, and certification market.

• Gain a reliable outlook of the global testing, inspection, and certification market forecasts from 2022 to 2028 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.