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Testing, Inspection and Certification (TIC) Market by Service Type, by Sourcing, by Application, by End User, Geography and Forecast 2019 To 2024
Testing, Inspection and Certification (TIC) Market by Service Type, by Sourcing, by Application, by End User, Geography and Forecast 2019 To 2024
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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
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
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
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
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"
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 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 &
Volume
LIST OF FIGURES
1 INTRODUCTION
Testing, Inspection and Certification (TIC) Market Segmentation:
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
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:
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.
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.
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
Geographical
Influencing Factors Market Estimates
Analysis
Market
SECONDARY SOURCES:
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
Observation
Primary
/Feature
Interviews
Mapping
(Value)
(Market Dynamics,
Market Trends)
3 EXECUTIVE SUMMARY
3.1 MARKET OVERVIEW
FIGURE 5 MARKET OVERVIEW
CURRENT MARKET
INFORMATION MARKET SIZE MARKET SHARE
INDUSTRY
TRENDS
AND DATA
COMPANY
DEVELOPMENTS
MARKET DRIVERS:
INFLUENCING
FACTORS
(Market Trends and
Dynamics)
COMPETITIVE
INTELLIGENCE WINNING IMPERATIVES HIGH GROWTH MARKETS HIGH GROWTH SEGMENTS
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)
2018 2024
4 MARKET OUTLOOK
4.1 MARKET DYNAMICS
FIGURE 8 MARKET DYNAMICS
DRIVERS
xxx
xxx
RESTRAINTS
OPPORTUNITIES
CHALLENGES
THREAT OF
SUBSTITUTES: XXX
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• xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
THREAT FROM
NEW ENTRANTS: XXX
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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.
16,000
12,000
8,000
4,000
0
2018 2019 2020 2021 2022 2023 2024
As seen in the above figure, xxx dominated the global market in 2018. This region is driven by xxxxx.
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.
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
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Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text Sample Text
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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 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
U.S.
Canada
Mexico
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.
6 COMPETITIVE LANDSCAPE
6.1 OVERVIEW
7 COMPANY PROFILES
7.1 COMPANY 1
xxx
Operating Income
(USD Million)
4,000
20,000
XXX
XXX XXX
XXX
XXX
XXX XXX
XXX
XXX
XXX XXX
XXX
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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