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Testing, Inspection and Certification (TIC) Market

GLOBAL TESTING, INSPECTION AND


CERTIFICATION (TIC) MARKET
By Service Type, By Sourcing, By Application, By End-
User, Geography and Forecast 2019-2024

© COPYRIGHT GLOBAL MARKET STUDIES 2019 1


Testing, Inspection and Certification (TIC) Market

ABOUT GLOBAL MARKET STUDIES


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medium and large-scale enterprises across multiple industry verticals. With a team of highly-experienced research and
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Market Studies offers the following services.

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© COPYRIGHT GLOBAL MARKET STUDIES 2019 2


Testing, Inspection and Certification (TIC) Market

TABLE OF CONTENTS
1 Testing, Inspection and Certification (TIC) Market - Overview
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope

2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Testing, Inspection and Certification (TIC) Market – Executive Summary


3.1 Market Revenue, Market Size and Key Trends by Company
3.2 Key Trends by type of Application
3.3 Key Trends segmented by Geography

4 Testing, Inspection and Certification (TIC) Market – Comparative Analysis


4.1 Product Benchmarking - Top 10 companies
4.2 Top 5 Financials Analysis
4.3 Market Value split by Top 10 companies
4.4 Patent Analysis - Top 10 companies
4.5 Pricing Analysis
5 Testing, Inspection and Certification (TIC) Market – Industry Market Entry Scenario
5.1 Regulatory Framework Overview

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Testing, Inspection and Certification (TIC) Market

5.2 New Business and Ease of Doing business index


5.3 Case studies of successful ventures
5.4 Customer Analysis – Top 10 companies

6 Testing, Inspection and Certification (TIC) Market - Market Forces


6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.1.1 Rise in globalization
6.2.1.2 Stringent government regulation
6.2.1.3 Growing export regulations and high emphasis on energy efficient and
environmentally safety products
6.2.1.4 High adoption of outsourcing service model globally
6.2.2 Restrain
6.2.2.1 Diverse standards and regulations
6.2.3 Opportunities
6.2.3.1 Growth opportunities for small- and medium-sized businesses in tic system
6.2.4 Challenges
6.2.4.1 Complex nature of global supply chains
6.2.4.2 Long lead time for overseas qualification assessments
6.3 Porters Analysis of Market
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes
7 Testing, Inspection and Certification (TIC) Market - Strategic Analysis
7.1 Value Chain analysis
7.2 Product Life Cycle
7.3 Supplier and distributor analysis (Market share and product dealing strategies)

8 Testing, Inspection and Certification (TIC) Market – By Service Type (Market Size – & million/billion)
8.1 Testing
8.2 Inspection
8.3 Certification
8.4 Others

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Testing, Inspection and Certification (TIC) Market

9 Testing, Inspection and Certification (TIC) Market – By Sourcing


9.1 In-House
9.2 Outsourced
10 Testing, Inspection and Certification (TIC) Market – By Application
10.1 Quality and Safety Services
10.2 Product Performance Evaluation
10.3 Certification and Valuation of Shipments
10.4 Production Evaluation
10.5 Valuation of imports with respect to standards
10.6 Industrial Inspections
10.6.1 Maintenance Turnarounds
10.6.2 System Certification
10.6.3 Supplier Evaluation
10.6.4 Laboratory Outsourcing
10.6.5 Others
10.7 Others
11 Testing, Inspection and Certification (TIC) Market – By End-User
11.1 Agriculture
11.2 Automotive
11.3 Aerospace and Defense
11.4 Food
11.5 Consumer
11.6 Medicine & Life Science
11.7 Oil and Gas
11.8 System Compliance
11.9 Marine
11.10 Mining
11.11 Manufacturing
11.12 Chemicals
11.13 Energy and Power
11.14 Building & infrastructure
11.15 Industrial equipment
11.16 Retail
11.17 Rail

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Testing, Inspection and Certification (TIC) Market

11.18 Logistics
11.19 others

12 Testing, Inspection and Certification (TIC) Market – By Geography (Market Size – & million/billion)
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 U.K
12.3.2 Germany
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia-Pacific
12.4.1 China
12.4.2 Japan
12.4.3 India
12.4.4 South Korea
12.4.5 Rest of APAC
12.5 Rest of the World
12.5.1 South America
12.5.2 Middle East
12.5.3 Africa

13 Testing, Inspection and Certification (TIC) Market – Entropy


13.1 New product launches
13.2 M&A's, collaborations, JVs and partnerships

14 Testing, Inspection and Certification (TIC) Market Company Profile (Key Players)
14.1 Market Share, Company Revenue, Products, M&A, Developments
14.2 SGS
14.3 Bureau Veritas
14.4 Dekra

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Testing, Inspection and Certification (TIC) Market

14.5 Intertek
14.6 Eurofins Scientific
14.7 TUV SUD
14.8 DNV Gl
14.9 ALS Limited
14.10 TUV Nord Group
14.11 Mistras
14.12 Company 11 & more
"* Private Company Financials would be provided on our best efforts"

15 Testing, Inspection and Certification (TIC) Market - Appendix


15.1 Sources
15.2 Abbreviations

Description:

The overall market for testing, inspection, and certification (TIC) is expected to reach USD 266.25 billion by
2024, rising over the forecast period at a CAGR of 5.12%. Growth in this market is driven by high growth in
product recalls worldwide, increasing adoption by worldwide manufacturers of outsourcing service models,
increased demand for harmonized standards, rise in illegal trade, counterfeiting and piracy activities
worldwide, and implementation of stringent government regulations and standards across different sectors.

LIST OF TABLES

Table 1 Testing, Inspection and Certification (TIC) Market Overview 2019-2024


Table 2 Testing, Inspection and Certification (TIC) Market Leader Analysis 2018-2019 (US$)
Table 3 Testing, Inspection and Certification (TIC) Market Product Analysis 2018-2019 (US$)
Table 4 Testing, Inspection and Certification (TIC) Market End User Analysis 2018-2019 (US$)
Table 5 Testing, Inspection and Certification (TIC) Market Patent Analysis 2013-2018* (US$)
Table 6 Testing, Inspection and Certification (TIC) Market Financial Analysis 2018-2019 (US$)
Table 7 Testing, Inspection and Certification (TIC) Market Driver Analysis 2018-2019 (US$)
Table 8 Testing, Inspection and Certification (TIC) Market Challenges Analysis 2018-2019 (US$)
Table 9 Testing, Inspection and Certification (TIC) Market Constraint Analysis 2018-2019 (US$)
Table 10 Testing, Inspection and Certification (TIC) Market Supplier Bargaining Power Analysis 2018-2019
(US$)
Table 11 Testing, Inspection and Certification (TIC) Market Buyer Bargaining Power Analysis 2018-2019 (US$)
Table 12 Testing, Inspection and Certification (TIC) Market Threat of Substitutes Analysis 2018-2019 (US$)
Table 13 Testing, Inspection and Certification (TIC) Market Threat of New Entrants Analysis 2018-2019 (US$)
Table 14 Testing, Inspection and Certification (TIC) Market Degree of Competition Analysis 2018-2019 (US$)
Table 15 Testing, Inspection and Certification (TIC) Market Value Chain Analysis 2018-2019 (US$)
Table 16 Testing, Inspection and Certification (TIC) Market Pricing Analysis 2019-2024 (US$)
Table 17 Testing, Inspection and Certification (TIC) Market Opportunities Analysis 2019-2024 (US$)
Table 18 Testing, Inspection and Certification (TIC) Market Product Life Cycle Analysis 2019-2024 (US$)
Table 19 Testing, Inspection and Certification (TIC) Market Supplier Analysis 2018-2019 (US$)

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Table 20 Testing, Inspection and Certification (TIC) Market Distributor Analysis 2018-2019 (US$)
Table 21 Testing, Inspection and Certification (TIC) Market Trend Analysis 2018-2019 (US$)
Table 22 Testing, Inspection and Certification (TIC) Market Size 2018 (US$)
Table 23 Testing, Inspection and Certification (TIC) Market Forecast Analysis 2019-2024 (US$)
Table 24 Testing, Inspection and Certification (TIC) Market Sales Forecast Analysis 2019-2024 (Units)
Table 25 Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By Service Type, 2019-2024 ($)
Table 26 Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By Sourcing, 2019-2024 ($)
Table 27 Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By Application, 2019-2024 ($)
Table 28 Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By End-User, 2019-2024 ($)
Table 29 Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By Geography, 2019-2024 ($)
Table 30 North America Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By Service
Type, 2019-2024 ($)
Table 31 North America Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By Sourcing,
2019-2024 ($)
Table 32 North America Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By Application,
2019-2024 ($)
Table 33 North America Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By End-User,
2019-2024 ($)
Table 34 North America Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By Geography,
2019-2024 ($)
Table 35 Europe Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By Service Type, 2019-
2024 ($)
Table 36 Europe Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By Sourcing, 2019-
2024 ($)
Table 37 Europe Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By Application, 2019-
2024 ($)
Table 38 Europe Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By End-User, 2019-
2024 ($)
Table 39 Europe Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By Geography, 2019-
2024 ($)
Table 40 APAC Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By Service Type, 2019-
2024 ($)
Table 41 APAC Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By Sourcing, 2019-2024
($)
Table 42 APAC Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By Application, 2019-
2024 ($)
Table 43 APAC Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By End-User, 2019-2024
($)
Table 44 APAC Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By Geography, 2019-
2024 ($)
Table 45 RoW Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By Service Type, 2019-
2024 ($)
Table 46 RoW Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By Sourcing, 2019-2024
($)
Table 47 RoW Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By Application, 2019-
2024 ($)
Table 48 RoW Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By End-User, 2019-2024
($)
Table 49 RoW Testing, Inspection and Certification (TIC) Market, Revenue & Volume, By Geography, 2019-
2024 ($)
Table 50 Top Companies 2018 (US$) Testing, Inspection and Certification (TIC) Market, Revenue & Volume
Table 51 Product Launch 2018-2019Testing, Inspection and Certification (TIC) Market, Revenue & Volume
Table 52 Mergers & Acquisitions 2018-2019Testing, Inspection and Certification (TIC) Market, Revenue &

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Testing, Inspection and Certification (TIC) Market

Volume

LIST OF FIGURES

Figure 1 Overview of Testing, Inspection and Certification (TIC) Market 2019-2024


Figure 2 Market Share Analysis for Testing, Inspection and Certification (TIC) Market 2018 (US$)
Figure 3 Product Comparison in Testing, Inspection and Certification (TIC) Market 2018-2019 (US$)
Figure 4 End User Profile for Testing, Inspection and Certification (TIC) Market 2018-2019 (US$)
Figure 5 Patent Application and Grant in Testing, Inspection and Certification (TIC) Market 2013-2018* (US$)
Figure 6 Top 5 Companies Financial Analysis in Testing, Inspection and Certification (TIC) Market 2018-2019
(US$)
Figure 7 Market Entry Strategy in Testing, Inspection and Certification (TIC) Market 2018-2019
Figure 8 Ecosystem Analysis in Testing, Inspection and Certification (TIC) Market 2018
Figure 9 Average Selling Price in Testing, Inspection and Certification (TIC) Market 2019-2024
Figure 10 Top Opportunities in Testing, Inspection and Certification (TIC) Market 2018-2019
Figure 11 Market Life Cycle Analysis in Testing, Inspection and Certification (TIC) Market
Figure 12 Global By Service Type Testing, Inspection and Certification (TIC) Market Revenue, 2019-2024 ($)
Figure 13 Global By Sourcing Testing, Inspection and Certification (TIC) Market Revenue, 2019-2024 ($)
Figure 14 Global By Application Testing, Inspection and Certification (TIC) Market Revenue, 2019-2024 ($)
Figure 15 Global By End-User Testing, Inspection and Certification (TIC) Market Revenue, 2019-2024 ($)
Figure 16 Global Testing, Inspection and Certification (TIC) Market - By Geography
Figure 17 Global Testing, Inspection and Certification (TIC) Market Value & Volume, By Geography, 2019-2024
($)
Figure 18 Global Testing, Inspection and Certification (TIC) Market CAGR, By Geography, 2019-2024 (%)
Figure 19 North America Testing, Inspection and Certification (TIC) Market Value & Volume, 2019-2024 ($)
Figure 20 Europe Testing, Inspection and Certification (TIC) Market Value & Volume, 2019-2024 ($)
Figure 21 APAC Testing, Inspection and Certification (TIC) Market Value & Volume, 2019-2024 ($)
Figure 22 RoW Testing, Inspection and Certification (TIC) Market Value & Volume, 2019-2024 ($)
Figure 23 Entropy Share, By Strategies, 2018-2019* (%) Testing, Inspection and Certification (TIC) Market
Figure 24 Developments, 2018-2019*Testing, Inspection and Certification (TIC) Market
Figure 25 Company 1: Company Snapshot
Figure 26 Company 2: Company Snapshot
Figure 27 Company 3: Company Snapshot
Figure 28 Company 4: Company Snapshot
Figure 29 Company 5: Company Snapshot
Figure 30 Company 6: Company Snapshot
Figure 31 Company 7: Company Snapshot
Figure 32 Company 8: Company Snapshot
Figure 33 Company 9: Company Snapshot
Figure 34 Company 10: Company Snapshot

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Testing, Inspection and Certification (TIC) Market

1 INTRODUCTION
Testing, Inspection and Certification (TIC) Market Segmentation:

By Service Type By Sourcing By Application By End-User

•Testing •In-House •Quality and Safety •Agriculture


•Inspection •Outsourced Services •Automotive
•Certification •Product Performance •Aerospace and Defense
•Others Evaluation •Food
•Certification and •Consumer
Valuation of Shipments
•Medicine & Life Science
•Production Evaluation
•Oil and Gas
•Valuation of imports
•System Compliance
with respect to
standards •Marine
•Industrial Inspections •Mining
•Maintenance •Manufacturing
Turnarounds •Chemicals
•System Certification •Energy and Power
•Supplier Evaluation •Building &
•Laboratory infrastructure
Outsourcing •Industrial equipment
•Others •Retail
•Others •Rail
•Logistics
•others

1.1 ASSUMPTIONS
 The currency considered in the report is USD (Million)
 Other currencies are converted to USD using average exchange rates from x-rates.com for historical as well as
estimate and forecast years
 2018 is considered as the base year for the study
 The market size is estimated for 2018 and projected from 2019 to 2024
 The historical data presented in the report is for 2018
 Compound Annual Growth Rate (CAGR) is calculated from 2018 to 2024
 The market numbers are rounded up to one/two decimal point in the tables
 The CAGR for the forecast period was assumed to be normalized with no effect of inflation, recession and
other economic factors
 Market Size By Country - The country level split for types of was assumed to be based on the penetration rate
of these segments in the country

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Testing, Inspection and Certification (TIC) Market

2 RESEARCH METHODOLOGY
2.1 DATA MINING
Research study was performed in five phases which include Secondary research, primary research, subject matter
expert advice, quality check and final review. The process opted for conducting thorough research to make authentic
and dynamic research reports is as follows:

2.2 SECONDARY RESEARCH


Based on the understanding of requirements, we conducted secondary research to identify the product specifications,
product types, qualitative and quantitative data along with the factors responsible for the growth of the market. The
secondary sources referred for the study include press releases, company annual reports and research papers related
to the industry.

Various sources such as industry magazines, trade journals, government websites and associations were also reviewed
for gathering precise data on opportunities for business expansions in the market. Moreover, quantitative as well as
qualitative data was also extracted from paid databases, which included Reuters, Factiva, Bloomberg, One Source, and
Hoovers, which proved to be useful for in depth technical study of the market.

2.3 PRIMARY RESEARCH


The secondary research carried out at the primary level was then verified by primary research. Primary research was
undertaken with various industry experts on acceptance of appointment for conducting telephonic interviews, sending
questionnaire through emails and in some cases face-to-face interactions. The secondary data collected was then
verified by various industry participants which included product managers, marketing managers, VPs, CEOs, purchasing
managers, subject matter experts.

An interview with the mentioned participants aids in validation of our research findings regarding the product. It helps
in provision of first hand data on factors such as market size, growth, regional trends, market trends and competition in
the industry. This makes our research findings authentic and precise which helps the clients in decision-making process.

2.4 SUBJECT MATTER EXPERT ADVICE


The secondary and primary research key findings were then validated by the in-house subject matter experts having
extensive experience in the market research industry. Specific requirements of the clients were reviewed by the experts
to check for completion of the market study. Experts help in channelizing the representation skills of the analyst in
terms of providing data which can be easily understood by our customers.

2.5 QUALITY CHECK


The analysis done by the research team was further reviewed to check for accuracy of the data provided to suit the
clients’ requirements. This process of revision was done in two phases for authenticity of the data and negligible errors
in the report.

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Testing, Inspection and Certification (TIC) Market

2.6 FINAL REVIEW


After quality check, a final review of the report was done to look after the presentation, formatting and to recheck if all
the requirements of the clients were addressed. The next phase remains dispatch of the report to the client.

2.7 DATA TRIANGULATION


FIGURE 2 DATA TRIANGULATION

INTERVIEWS WITH:
• Sample Text
• Sample Text Annual Reports, Presentations,
• Sample Text Websites and Press Release of top
players, News Articles, Journals, and
Paid Databases

INTERVIEWS WITH:
• Sample Text
TRIANGULATION
• Sample Text
• Specific Source 1
• Sample Text
SECONDARY • Specific Source 2
• Specific Source 3

Competitive Opportunities/ Market Size and


Key Players
Landscape Challenges Market Share (YEAR)

Geographical
Influencing Factors Market Estimates
Analysis

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Testing, Inspection and Certification (TIC) Market

2.8 BOTTOM-UP APPROACH

Market

SECONDARY SOURCES:

2.9 TOP DOWN APPROACH

Total Market ($Million) Global Market Size is validated through Primaries


(Demand and Supply Side Experts)

Percentage Split for the Market


Segments

PRIMARY SOURCES:
Demand and Supply Side Experts
Region-Wise Split

SECONDARY SOURCES:
Regional and Annual Reports, Presentations, Press
Country-Wise Release, Journals, Paid Databases, Company
Market for Websites, News Articles, and Global Market
Each Sub- Studies Repository
Segment

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Testing, Inspection and Certification (TIC) Market

2.10 RESEARCH FLOW


FIGURE 3 MARKET RESEARCH FLOW

Scope Definition Research Design Sample Selection

Observation
Primary
/Feature
Interviews
Mapping

Data Validation Data Analysis Data Collection


Report
Writing
Primary Interviews/ Primary Secondary
Top- Bottom-
Secondary
Down Up Data Data
Research

2.11 DATA SOURCES


FIGURE 4 DATA SOURCES
PARAMETER SOURCE

(Value)

(Market Dynamics,
Market Trends)

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Testing, Inspection and Certification (TIC) Market

3 EXECUTIVE SUMMARY
3.1 MARKET OVERVIEW
FIGURE 5 MARKET OVERVIEW

HISTORICAL & COMPETITIVE


MARKET INFO
CURRENT DATA LANDSCAPE

CURRENT MARKET
INFORMATION MARKET SIZE MARKET SHARE
INDUSTRY
TRENDS
AND DATA
COMPANY
DEVELOPMENTS

MARKET DRIVERS:

INFLUENCING
FACTORS
(Market Trends and
Dynamics)

AGREEMENTS, COLLABORATIONS, & PARTNERSHIPS:

MARKET SIZE & SHARE FORECASTS & FUTURE


MARKET AND ANALYSIS TRENDS
KEY PLAYER STRATEGIES

COMPETITIVE
INTELLIGENCE WINNING IMPERATIVES HIGH GROWTH MARKETS HIGH GROWTH SEGMENTS

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Testing, Inspection and Certification (TIC) Market

FIGURE 6 MARKET GEOGRAPHICAL ANALYSIS, 2018 & 2024

XX%
XX%

XX%
XX% XX%
XX%

XX%
XX%
XX%
XX%

Market Share %
CAGR%

FIGURE 7
GLOBAL TESTING, INSPECTION AND CERTIFICATION (TIC) MARKET, BY
SEGMENT (2018 VS 2024)
Revenue ($million)

Segmentation 1 Segmentation 2 Segmentation 3 Segmentation 4 Segmentation 5

2018 2024

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Testing, Inspection and Certification (TIC) Market

4 MARKET OUTLOOK
4.1 MARKET DYNAMICS
FIGURE 8 MARKET DYNAMICS

DRIVERS
xxx
xxx

RESTRAINTS

OPPORTUNITIES

CHALLENGES

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Testing, Inspection and Certification (TIC) Market

4.2 PORTER’S FIVE FORCE ANALYSIS

THREAT OF
SUBSTITUTES: XXX
• xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
• xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

BARGAINING POWER COMPETITIVE RIVALRY: BARGAINING


OF SUPPLIERS: XXX XXX POWER OF BUYERS : XXX
 xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx  xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx  xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
 xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx  xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx  xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

THREAT FROM
NEW ENTRANTS: XXX
 xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
 xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

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Testing, Inspection and Certification (TIC) Market

5 GLOBAL MARKET, BY GEOGRAPHY


5.1 OVERVIEW

Based on geography, the global market is segmented into North America, Europe, Asia Pacific, Latin America, and
the Rest of the World. North America comprises U.S., Canada, and Mexico whereas Europe primarily covers
Germany, France, UK, Italy, Spain and Rest of Europe. The key countries included under Asia Pacific are China,
Japan, India, South Korea and Rest of Asia Pacific. In RoW, South America, Middle East and Africa is the key
segment covered in the report.

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Testing, Inspection and Certification (TIC) Market

FIGURE 10 GLOBAL MARKET, BY GEOGRAPHY, 2018 - 2024

16,000

12,000

8,000

4,000

0
2018 2019 2020 2021 2022 2023 2024

North America Europe Asia Pacific ROW

As seen in the above figure, xxx dominated the global market in 2018. This region is driven by xxxxx.

TABLE 1 GLOBAL MARKET, BY GEOGRAPHY, 2019 – 2024 (USD BILLION)

Region 2019 2020 2021 2022 2024 CAGR

North America xxx xxx xxx xxx xxx xxx

Europe xxx xxx xxx xxx xxx xxx

Asia Pacific xxx xxx xxx xxx xxx xxx

Latin America xxx xxx xxx xxx xxx xxx

Rest of the World xxx xxx xxx xxx xxx xxx

Total xxx xxx xxx xxx xxx xxx

North America was valued at USD xxx billion in 2018. This region is projected to grow at a CAGR of xxx% from 2019
to 2024 to reach USD xxx billion by the end of the forecast period. xxx is projected to grow at the highest CAGR of
xxx% from 2018 to 2024.

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Testing, Inspection and Certification (TIC) Market

5.2 NORTH AMERICA

NORTH AMERICA
Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample

54% Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text
Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample
Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text
Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text

Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample
Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text
Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample
Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text
Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text

25% 44%
2011 2012

Sample Sample Sample

xx% xx% xx%


54% 78%
2013 2014

SAMPLE TEXT SAMPLE TEXT SAMPLE TEXT MARKET


Region 2019 2020 2021 2022 2024 CAGR%

Sample Text XX XX XX XX XX XX

Sample Text XX XX XX XX XX XX

Sample Text XX XX XX XX XX XX

Sample Text XX XX XX XX XX XX

Total XX XX XX XX XX XX

Source: Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text

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Testing, Inspection and Certification (TIC) Market

FIGURE 09 NORTH AMERICA, BY COUNTRY, 2018

U.S.
Canada
Mexico

TABLE 2 NORTH AMERICA MARKET, BY COUNTRY, 2018 – 2024 (USD BILLION)

Country 2018 2019 2021 2024 CAGR

U.S. xxx xxx xxx xxx xxx

Canada xxx xxx xxx xxx xxx

Mexico xxx xxx xxx xxx xxx

Total xxx xxx xxx xxx xxx

The U.S. market was valued at USD xxx billion in 2018. This country is projected to grow at a CAGR of xxx% from
2019 to 2024 to reach USD xxx billion by the end of the forecast period. xxx is projected to grow at the second-
highest CAGR of xxx% from 2018 to 2024.

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Testing, Inspection and Certification (TIC) Market

TABLE 3 NORTH AMERICA MARKET, BY SEGMENT 1, 2018 – 2024 (USD BILLION)

Segment 1 2018 2019 2020 2024 CAGR

Sub-segment 1 xxx xxx xxx xxx xxx

Sub-segment 2 xxx xxx xxx xxx xxx

Sub-segment 3 xxx xxx xxx xxx xxx

Total xxx xxx xxx xxx xxx

TABLE 4 NORTH AMERICA MARKET, BY SEGMENT 2, 2016 – 2024 (USD BILLION)

Segment 2 2018 2019 2020 2024 CAGR

Sub-segment 1 xxx xxx xxx xxx xxx

Sub-segment 2 xxx xxx xxx xxx xxx

Sub-segment 3 xxx xxx xxx xxx xxx

Total xxx xxx xxx xxx xxx

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Testing, Inspection and Certification (TIC) Market

6 COMPETITIVE LANDSCAPE
6.1 OVERVIEW

6.2 COMPANY MARKET SHARE AND POSITIONING

Company 1 Company 2 Company 3 Company 4 Company 5

6.3 VENDOR LANDSCAPE

6.4 KEY DEVELOPMENT STRATEGIES

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Testing, Inspection and Certification (TIC) Market

7 COMPANY PROFILES
7.1 COMPANY 1

7.1.1 COMPANY OVERVIEW

7.1.2 COMPANY 1: KEY FACTS

FIGURE 10 COMPANY 1: KEY FACTS

COMPANY AT A GLANCE - 2018 RECENT FINANCIALS

xxx

Operating Income
(USD Million)
4,000
20,000

7.1.3 BUSINESS BREAKDOW N


FIGURE 11 COMPANY 1: BUSINESS BREAKDOWN

GEOGRAPHIC REVENUE MIX BUSINESS REVENUE MIX

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Testing, Inspection and Certification (TIC) Market

7.1.4 PRODUCT BENCHMARKING


Major Products and Services Description / Application

 XXX
XXX  XXX
 XXX

 XXX
XXX  XXX
 XXX

 XXX
XXX  XXX
 XXX

7.1.5 COMPANY 1: SWOT ANALYSIS


FIGURE 12 COMPANY 1: SWOT ANALYSIS

STRENGTHS WEAKNESS

S W

COMPANY 1
OPPORTUNITIES THREATS

(Note: Rest of all the companies will be profiled using the above mentioned parameters.)

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Testing, Inspection and Certification (TIC) Market

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permission of the publisher, Global Market Studies.

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