Testing, Inspection and Certification (TIC) Market Growth
Set to Surge Significantly during the Forecast to 2030

Testing, Inspection and Certification (TIC)
Market research
report by Delvens focuses on primary sections such as – market segments, market
outlook, competitive landscape, and company profiles. The segments provide
details in terms of various perspectives such as end-use industry, product or
service type, and any other relevant segmentation as per the market’s current
scenario which includes various aspects to perform further marketing activity, the
global Testing, Inspection and Certification (TIC) Market size was estimated at
USD 413.7 billion in 2023 and is projected to reach USD 244.2 billion in at a
CAGR of 6.8% during the forecast to 2030.

Get Free Sample
Report: https://www.delvens.com/get-free-sample/testing-inspection-and-certification-tic-market

The Testing, Inspection, and Certification (TIC) Market is
poised for substantial growth driven by increasing regulatory demands and
heightened consumer awareness regarding product safety and sustainability. As
global trade evolves, companies face complex compliance requirements across
various industries, particularly in automotive and food sectors, emphasizing
the need for robust TIC services.

Advanced technologies like AI, IoT, and blockchain are
emerging as critical enablers, enhancing operational efficiency and data
security while addressing challenges in the certification process. However, the
Market also faces hurdles, such as varying regulations across countries that
can inflate costs and slow adoption of innovations, particularly among small
and medium-sized firms.

Key players, including SGS, Bureau Veritas, and Intertek,
are leveraging strategic partnerships and acquisitions to strengthen their
Market position. The agriculture and food segment are expected to drive
significant growth, reflecting a shift towards safe, certified products in an
increasingly globalized supply chain. Overall, the TIC Market 's trajectory is
shaped by the interplay of regulatory pressures, technological advancements,
and evolving consumer preferences, positioning it as a vital component of
global trade and industry assurance.

Asia pacific to
Dominate the Testing, Inspection and Certification (TIC)
Market:

The Asia Pacific region holds the largest share of the
global Testing, Inspection, and Certification (TIC) Market, driven by rapid
economic growth, increased consumer awareness, industrialization in countries
like India and China, and a rising middle class demanding higher quality
standards.

Recent Developments

·       
In
December 2023, Hyundai Mobis North America and UL LLC signed a Memorandum
of Understanding (MoU) to increase safety and to continue to deliver
high-quality battery performance in electric vehicles. As electric vehicle
sales increase around the world, this partnership takes advantage of UL LLC
North America Advanced Battery Laboratory in Michigan to promote safe
large-scale implementation of electric vehicle battery technology.

·       
In
November 2023, Intertek Group has entered into a strategic partnership with
Emitech Group for electrical testing in services throughout Europe. Since
Emitech Group is an independent testing and engineering expert, its tested and
accredited as per the norms of EN 17025 and EN 17065.

Competitive Landscape
of Testing, Inspection and Certification (TIC) Market:

·       
SGS SA

·       
Bureau Veritas

·       
Intertek Group plc

·       
Eurofins Scientific

·       
DEKRA

·       
TÜV SÜD

·       
DNV GL

·       
TÜV Rheinland

·       
Applus+

·       
ALS Limited

·       
TÜV NORD Group

·       
Lloyd's Register Group Services Limited

·       
MISTRAS Group

·       
Element Materials Technology

·       
UL LLC and More

Access Full Report: https://www.delvens.com/report/testing-inspection-and-certification-tic-market

In addition to the
Market data for the Global Testing, Inspection and Certification (TIC) Market,
Delvens offers client-centric reports customized according to the company’s
specific demand and requirements.

More Related Reports:

Generator Sales Market

Business Intelligence Platform Market

About Us:

Delvens is a strategic advisory and consulting company
headquartered in New Delhi, India. The company holds expertise in providing
syndicated research reports, customized research reports and consulting
services. Delvens qualitative and quantitative data is highly utilized by each
level from niche to major markets, serving more than 1K prominent companies by
assuring to provide the information on country, regional and global business
environment. We have a database for more than 45 industries in more than 115+
major countries globally.

Delvens database assists the clients by providing in-depth
information in crucial business decisions. Delvens offers significant facts and
figures across various industries namely Healthcare, IT & Telecom,
Chemicals & Materials, Semiconductor & Electronics, Energy,
Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our
company provides an exhaustive and comprehensive understanding of the business
environment.

Contact us:

Unit No. 01, 3rd Floor, Plot No. 56, Block B

Sector 2 Noida, Near Noida Sector 15 Metro Station 201301,
IN

+44 20 3290 6466

+0120- 4903958

sales@delvens.com