The global market for testing, inspection, and certification (TIC) could face a high level of fragmentation in its vendor landscape owing to the presence of a large number of players sustaining amid intense competition but promising growth avenues, observes Transparency Market Research in a recent report. So as to strengthen their positions and earn lucrative growth opportunities, companies are targeting strategic collaborations, mergers, acquisitions, and expansion across lucrative emerging ... Read more
The global market for testing, inspection, and certification (TIC) could face a high level of fragmentation in its vendor landscape owing to the presence of a large number of players sustaining amid intense competition but promising growth avenues, observes Transparency Market Research in a recent report. So as to strengthen their positions and earn lucrative growth opportunities, companies are targeting strategic collaborations, mergers, acquisitions, and expansion across ... Read more
The report estimates that the global testing, inspection and certification market will clock in a CAGR of 5.8% from 2017 to 2025 and rise from an opportunity of US$184,545.5 mn in 2016 to US$299,628.6 mn by 2025.
In terms of services, the testing and inspection segment held approximately 95% of the global market in 2016. This is primarily due to the ... Read more
The global testing, inspection and certification (TIC) market is characterized by increasing degree of fragmentation in the vendor landscape over the past several years, finds Transparency Market Research (TMR). The presence of a large number of players vying for sizeable stakes in the market makes it increasingly competitive, as well. Several top players are engaging in strategic mergers ... Read more
Global Testing, Inspection and Certification Market: Snapshot
The global testing, inspection and certification market is experiencing growth owing to the factors such as increased outsourcing of testing, inspection & certification services and diversified requirement of products and standard regulations. Regulations pertaining to quality, health and environment ... Read more
The global testing, inspection, and certification market is projected to experience the CAGR of 5.3% during 2018–2028. Europe is estimated to account for a significant market value share throughout the forecast period.
PMR delivers key insights on the global testing, inspection and certification market, in its revised report titled 'Testing, Inspection, and ... Read more
According to the new market research report "Testing, Inspection and Certification Market by Service (Testing, Inspection, Certification), Sourcing Type (In-House and Outsourced), Application (Consumer Goods and Retail, Construction and Infrastructure), and Geography - Global Forecast to 2024", the overall TIC market is expected to grow from USD 209.4 billion in 2019 to USD 279 ... Read more
According to the new market research report "Testing, Inspection and Certification Market by Service (Testing, Inspection, Certification), Sourcing Type (In-House and Outsourced), Application (Consumer Goods and Retail, Construction and Infrastructure), and Geography - Global Forecast to 2024", the overall TIC market is expected to grow from USD 209.4 billion ... Read more
According to a new market research report "Textile Testing, Inspection and Certification (TIC) Market by Application (Textile Testing, Textile Inspection, Textile Certification, & Toys), and Geography - Global Forecast to 2020", the testing, inspection, and certification (TIC) market is expected to ... Read more
Transparency Market Research have recently published a new research report that gives details about the global testing, inspection, and certification (TIC) market. As per the research report, the testing, inspection, and certification market stood at an initial valuation of US$184,545.5 mn in 2016. This figure is expected to reach around US$299,628.6 mn by the fall of 2026. ... Read more
The Textile Testing, Inspection and Certification (TIC) Marketis expected to reach $7,221.01 million by 2020, growing at a CAGR of 4.6% between 2015 and 2020.
The testing, inspection, and certification (TIC) textile market is growing due to factors such as the reduction in the cost burden incurred by textile manufacturers because of outsourcing of TIC services, increase in the world wide trading of textiles, ... Read more
The global testing, inspection, and certification market will reach a valuation of US$299,628.6 mn by the fall of 2026. The market will likely register a robust growth rate of 5.8% CAGR during 2017-2025, to rise from its previous valuation of US$184,545.5 mn in 2016. Rising demand for quality products, competitive economic outlook, and the surging need for benchmarks will drive growth of the global ... Read more
