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Key Segments
The Testing, Inspection, & Certification Market is expected to grow at a
CAGR% of 4.7% from USD 218.4 billion in 2020 to USD 274.3 billion in
1 2025.
The primary reasons for this rise in demand is the increasing need for
2 safety, surge in the illicit trade of counterfeit and pirated goods,
advancements in networking and communication technologies, and
inclination toward outsourced TIC services.
Browse 102 market data Tables and 51 Figures spread through 274
3 Pages and in-depth TOC on "Testing, Inspection, & Certification
Market”
Certification service to grow at highest CAGR of TIC market, by service
type, in 2020.
4
Agriculture and food application to grow at highest CAGR during forec
ast period.
5
APAC to hold largest share of TIC market in 2020.
Testing, Inspection, & Certification Market Growth Rate
2020 2025
CAGR of 4.7%
• SGS (Switzerland)
• Bureau Veritas (France)
• Intertek (UK)
• Eurofins Scientific (Luxembourg)
• DEKRA (Germany)
• TÜV SÜD (Germany)
• TÜV Rheinland (Germany)
• DNV GL (Norway)
• North America
• Europe
• APAC
• RoW
3. How are advancements in consumer electronics and other verticals influencing the TIC ma
rket?
4. Which type of equipment is expected to penetrate significantly in the TIC market?
5. Which countries are expected to witness significant growth in the TIC market?
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