Tag Archives: Inspection And Certification Market

Testing, Inspection and Certification Market worth $279.3 billion by 2025 with a growing CAGR of 4.9%

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 – ****** Forecast to 2024″, the overall TIC market is expected to grow from USD 209.4 billion in 2019 to USD 279.3 billion by 2025—growing at a CAGR of 4.9%. Factors such as the increase in disposable income and rapid urbanization in developing economies; high growth in product recalls across the world; high adoption of outsourcing service models by worldwide manufacturers; increased requirement for harmonized standards; surge in illicit trading, counterfeiting, and piracy practices across the world; and enforcement of rigorous government regulations and standards across various sectors are driving the growth of the TIC market.

****** Testing, Inspection And Certification: Roadmap to Win and Drive Customer Value

New market research study provides an analysis and evaluation of the current and prospective profitability, liquidity and financial stability of ****** Testing, Inspection And Certification Industry.

Testing, Inspection, and Certification or TIC is responsible for the regulatory standards issued for quality, technical & environmental safety, along with expected performance of the clients product. Primary role of TIC services include verification, testing, inspection, and certification in order to increase productivity. These services are projected to provide an assurance to the client that the product has been recognized under national & international rules and regulations, and also have attained the industrial standards related to safety and quality.

Testing, Inspection And Certification Market Analysis by Types, Applications, Industry Growth Factors and Business Forecast 2025

Market Overview

Testing, Inspection, and Certification or TIC is responsible for the regulatory standards issued for quality, technical & environmental safety, along with expected performance of the clients product. Primary role of TIC services include verification, testing, inspection, and certification in order to increase productivity. These services are projected to provide an assurance to the client that the product has been recognized under national & international rules and regulations, and also have attained the industrial standards related to safety and quality.