Testing, Inspection and Certification (TIC) Market – Global Industry Insights Market Size, Estimation and Growth Forecast By Services (Testing, Inspection and Certification), By Application (Aerospace, Oil and Gas, Automotive, Food and Beverages, Textile and Others) & By Regions, 2017-2025

TIC Market Report Code: SE-101-091517 | Category: Semiconductors and Electronics
Format: PDF | No. of Slides: 195 | No. of Figures: 57 | No. of Tables: 42

TIC Market Report - Description

The market for Testing, Inspection, and Certification (TIC) has been covered under the scope of this report. Testing, inspection, and certification organizations are engaged in testing, inspection and certification services wherein the main purpose is to help clients to comply with the regulations relating to quality, safety, and environment. The global TIC market has been segmented on the basis of services, application, and region. It also provides a cross sectional study of the global TIC industry across broad regional segments such as North America, Europe, Asia-Pacific, Middle-East & Africa (MEA) and Latin America under its scope. The market for TIC is primarily being driven by the stringent regulations regarding quality and safety of products and services by governing bodies and growing demand for testing services across companies to decrease operational cost and increase product durability. In addition, latest technology innovation related to TIC services has also created a growth opportunity for the TIC market.

Global TIC Market Revenue Forecast
TIC Market Revenue Forecast By Services

A complete analysis of market dynamics, which include the market drivers, restraints, and opportunities, is included under the scope of the TIC market report. Market dynamics are the push/pull factors that influencing the growth/stagnation of any specific market and hence are invaluable in studying the current trends in the global market. Market dynamics for the different segments, namely services and application, have been covered separately, under the TIC industry overview. Additionally, the dynamics of each region has also been covered under the scope of the TIC industry report. Thus, this report provides an exhaustive study of the global TIC market and also provides the forecast of the TIC market for the period from 2017 – 2025.

TIC Market Revenue Forecast
TIC Market Revenue Forecast

Under the scope of the report on global TIC market, several high-level analyses have been covered. This includes the product-market trend analysis, service lifecycle analysis, Porter’s five forces analysis and market attractiveness analysis. Market evolution analysis discusses regarding the service evolution and current market scenario. Key trends analysis discusses the current and upcoming trends of the Testing, Inspection, and Certification (TIC) market. Service lifecycle analysis analyzes the current lifecycle stage of the service in the five wide geographic regions, such as whether the service is approaching maturity in a region or whether it is a new entrant etc. Porter’s five forces analysis provides insights on the competitive scenario, with regards to new entrants, substitutes, buyers, and suppliers. The patent analysis discusses on the various patents being filed and granted, across the different patent offices. For providing a detailed insight into the global TIC market, the market attractive analysis has been provided in the report. Market attractiveness analysis details the investment attractiveness, by each service, application, and geography.

TIC Market Interviews Breakdown
TIC Market - Primary Interviews Breakdown

The competitive profiling of the key players in the global TIC market and their internal strength/weakness, as well as key business strategies, have been exhaustively covered under the purview of the study.

 

Testing Inspection and Certification Companies List

Some major players in the market are: DEKRA SE (Germany), Bureau Veritas S.A. (France), SGS S.A. (Switzerland), Intertek Group plc (The U.K.), AsureQuality Ltd. (New Zealand), ASTM International (The U.S.), Underwriters Laboratories, Inc. (The U.S.), DNV GL (Norway), TÜV Rheinland Group (Germany) and Cotecna S.A. (Switzerland) among others.

 
The market has been segmented as follows:
TIC Market, by Services

  • Testing
  • Inspection
  • Certification

TIC Market, by Application

  • Aerospace
    • Avionics
    • Interior and Exterior Lighting Systems
    • Airframes
    • Passenger Service Units (PSUS)
    • Rotor Systems
    • Others
  • Oil and gas
    • Onshore Facilities & Pipelines
    • Offshore Drilling & Fixed Platforms
  • Automotive
    • Durability/Life Cycle
    • Fuel Systems
    • Emission
    • Engine Systems and Batteries
    • Others
  • Food and beverages
    • Processed Meat and Poultry Products
    • Dairy Products
    • Infant Food Products
    • Organic Food & Beverages
    • Others
  • Textile
    • Fiber Identification
    • Chemical Testing
    • Feather & Down Testing
    • Thermal and Water Vapor Resistance Testing
    • Others
  • Others (Chemicals, Agriculture, Mining and Consumer products)

TIC Market, by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • The U.K
    • Italy
    • Scandinavia + CIS
    • Rest of the Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of the Asia Pacific
  • Middle-East & Africa (MEA)
    • South Africa
    • Saudi Arabia
    • United Arab Emirates (UAE)
    • Rest of the MEA
  • Latin America
    • Brazil
    • Rest of the Latin America

Table of Content

  1. Introduction
    • Study Objective
    • Assumption
    • Acronyms Used
    • Stakeholder Analysis, Mendelow's Matrix
    • Research Scope
    • Market Segmentation
    • Research Limitations
  2. Research Methodology
    • Parameters
    • Data Sources
      • Primary Data Sources
        • Excerpts of Interview with Key Industry Personnel
        • Partial Directory of some of the Key Industry Personnel
        • Primary Interviews Breakdown, By Geography
        • Primary Interviews Breakdown, By Designation
      • Research Process
        • Primary data collection process
        • Primary data sources
        • Secondary data collection process
        • Secondary data sources
      • Market Size Estimation Technique
        • Top Down Approach
        • Bottom Up Approach
        • Forecasting Technique
  1. Executive Summary
    • Market Size (Value), By Services, 2016 Vs. 2025
    • Market Size (Value), By Application, 2016 Vs. 2025
    • Market Size (Value), By Region, 2016 Vs. 2025
  2. Market Overview
    • Market Definition
    • Industry Evolution Analysis
    • Key Trends Analysis
    • Service Lifecycle
    • Porter’s Five Forces Analysis
    • Market Attractiveness Analysis
      • Market Attractiveness, By Services (2016)
      • Market Attractiveness Analysis, By Application (2016)
      • Market Attractiveness Analysis, By Region (2016)
  1. Global TIC Market – Competitive Scenario
    • Market Share Analysis of Key Players
    • Competitive Strategies Adopted by Leading Players
  2. Global Testing, Inspection and Certification (TIC) Market – By Services
    • Overview – By Services
    • Services Trends
    • Market Dynamics, By Services
      • Drivers
      • Restraints
      • Opportunities
    • Market Opportunity Heat Map, By Services
    • Testing Market
    • Inspection Market
    • Certification Market
  3. Global Testing, Inspection, and Certification (TIC) Market – By Application
    • Overview – By Application
    • Application Trends
    • Market Dynamics, By Application
      • Drivers
      • Restraints
      • Opportunities
    • Market Opportunity Heat Map, By Application
    • Aerospace TIC Market
    • Oil and Gas TIC Market
    • Automotive TIC Market
    • Food and Beverages TIC Market
    • Textile TIC Market
    • Others
  4. North America Testing, Inspection and Certification (TIC) Market
    • Overview – By Country
    • Overview – By Services
      • North America TIC Market: By Services
    • Overview – By Application
      • Aerospace TIC Market
      • Oil and Gas TIC Market
      • Automotive TIC Market
      • Food and Beverages TIC Market
      • Textile TIC Market
      • Others
    • Overview – By Country
      • North America TIC Market: By Country
  1. Europe Testing, Inspection and Certification (TIC) Market
    • Overview – By Country
    • Overview – By Services
      • Europe TIC Market: By Services
    • Overview – By Application
      • Aerospace Testing, Inspection, and Certification Market
      • Oil and Gas Testing, Inspection, and Certification Market
      • Automotive Testing, Inspection, and Certification Market
      • Food and Beverages Testing, Inspection, and Certification Market
      • Textile TIC Market
      • Others
    • Overview – By Country
      • Europe TIC Market: By Country
  1. Asia Pacific Testing, Inspection and Certification (TIC) Market
    • Overview – By Country
    • Overview – By Services
      • Asia Pacific TIC Market: By Services
    • Overview – By Application
      • Aerospace Testing, Inspection, and Certification Market
      • Oil and Gas Testing, Inspection, and Certification Market
      • Automotive Testing, Inspection, and Certification Market
      • Food and Beverages Testing, Inspection, and Certification Market
      • Textile Testing, Inspection, and Certification Market
      • Others
    • Overview – By Country
      • Asia Pacific TIC Market: By Country
  1. Middle East and Africa (MEA) Testing, Inspection and Certification (TIC) Market
    • Overview – By Country
    • Overview – By Services
      • MEA TIC Market: By Services
    • Overview – By Application
      • Aerospace Testing, Inspection, and Certification Market
      • Oil and Gas Testing, Inspection, and Certification Market
      • Automotive Testing, Inspection, and Certification Market
      • Food and Beverages Testing, Inspection, and Certification Market
      • Textile Testing, Inspection, and Certification Market
      • Others
    • Overview – By Country
      • MEA TIC Market: By Country
  1. Latin America Testing, Inspection and Certification (TIC) Market
    • Overview – By Country
    • Overview – By Services
      • Latin America TIC Market: By Services
    • Overview – By Application
      • Aerospace Testing, Inspection, and Certification Market
      • Oil and Gas Testing, Inspection, and Certification Market
      • Automotive Testing, Inspection, and Certification Market
      • Food and Beverages Testing, Inspection, and Certification Market
      • Textile Testing, Inspection, and Certification Market
      • Others
    • Overview – By Country
      • Latin America TIC Market: By Country
  1. Company Profiles
    • DEKRA SE
      • Business Overview
      • Company Description
      • Primary Business Segments
      • SWOT Analysis
      • Strategy Mapping
      • Financial Overview
    • Bureau Veritas S.A.
      • Business Overview
      • Company Description
      • Primary Business Segments
      • SWOT Analysis
      • Strategy Mapping
      • Financial Overview
    • SGS S.A.
      • Business Overview
      • Company Description
      • Primary Business Segments
      • SWOT Analysis
      • Strategy Mapping
      • Financial Overview
    • Intertek Group plc
      • Business Overview
      • Company Description
      • Primary Business Segments
      • SWOT Analysis
      • Strategy Mapping
      • Financial Overview
    • AsureQuality Ltd.
      • Business Overview
      • Company Description
      • Primary Business Segments
      • SWOT Analysis
      • Strategy Mapping
      • Financial Overview
    • ASTM International
      • Business Overview
      • Company Description
      • Primary Business Segments
      • SWOT Analysis
      • Strategy Mapping
      • Financial Overview
    • Underwriters Laboratories, Inc.
      • Business Overview
      • Company Description
      • Primary Business Segments
      • SWOT Analysis
      • Strategy Mapping
      • Financial Overview
    • DNV GL
      • Business Overview
      • Company Description
      • Primary Business Segments
      • SWOT Analysis
      • Strategy Mapping
      • Financial Overview
    • TÜV Rheinland Group
      • Business Overview
      • Company Description
      • Primary Business Segments
      • SWOT Analysis
      • Strategy Mapping
      • Financial Overview
    • Cotecna S.A.
      • Business Overview
      • Company Description
      • Primary Business Segments
      • SWOT Analysis
      • Strategy Mapping
      • Financial Overview

 
List of Figures

Figure 01: Market Share of Key Players (2016)

Figure 02: By Services, Revenue Forecast (USD Billion)

Figure 03: Testing Market - Revenue Forecast

Figure 04: Inspection Market - Revenue Forecast

Figure 05: Certification Market - Revenue Forecast

Figure 06: By Application, Revenue Forecast (USD Billion)

Figure 07: Aerospace Market - Revenue Forecast

Figure 08: Oil and Gas Market - Revenue Forecast

Figure 09: Automotive Market - Revenue Forecast

Figure 10: Food and Beverages Market - Revenue Forecast

Figure 11: Textile Market - Revenue Forecast

Figure 12: Others Market - Revenue Forecast

Figure 13: By Services, Revenue Forecast (USD Billion)

Figure 14: By Application, Revenue Forecast (USD Billion)

Figure 15: Aerospace Market - Revenue Forecast

Figure 16: Oil and Gas Market - Revenue Forecast

Figure 17: Automotive Market - Revenue Forecast

Figure 18: Food and Beverages Market - Revenue Forecast

Figure 19: Textile Market - Revenue Forecast

Figure 20: Others Market - Revenue Forecast

Figure 21: By Country, Revenue Forecast (USD Billion)

Figure 22: By Services, Revenue Forecast (USD Billion)

Figure 23: By Application, Revenue Forecast (USD Billion)

Figure 24: Aerospace Market - Revenue Forecast

Figure 25: Oil and Gas Market - Revenue Forecast

Figure 26: Automotive Market - Revenue Forecast

Figure 27: Food and Beverages Market - Revenue Forecast

Figure 28: Textile Market - Revenue Forecast

Figure 29: Others Market - Revenue Forecast

Figure 30: By Country, Revenue Forecast (USD Billion)

Figure 31: By Services, Revenue Forecast (USD Billion)

Figure 32: By Application, Revenue Forecast (USD Billion)

Figure 33: Aerospace Market - Revenue Forecast

Figure 34: Oil and Gas Market - Revenue Forecast

Figure 35: Automotive Market - Revenue Forecast

Figure 36: Food and Beverages Market - Revenue Forecast

Figure 37: Textile Market - Revenue Forecast

Figure 38: Others Market - Revenue Forecast

Figure 39: By Country, Revenue Forecast (USD Billion)

Figure 40: By Services, Revenue Forecast (USD Billion)

Figure 41: By Application, Revenue Forecast (USD Billion)

Figure 42: Aerospace Market - Revenue Forecast

Figure 43: Oil and Gas Market - Revenue Forecast

Figure 44: Automotive Market - Revenue Forecast

Figure 45: Food and Beverages Market - Revenue Forecast

Figure 46: Textile Market - Revenue Forecast

Figure 47: Others Market - Revenue Forecast

Figure 48: By Country, Revenue Forecast (USD Billion)

Figure 49: By Services, Revenue Forecast (USD Billion)

Figure 50: By Application, Revenue Forecast (USD Billion)

Figure 51: Aerospace Market - Revenue Forecast

Figure 52: Oil and Gas Market - Revenue Forecast

Figure 53: Automotive Market - Revenue Forecast

Figure 54: Food and Beverages Market - Revenue Forecast

Figure 55: Textile Market - Revenue Forecast

Figure 56: Others Market - Revenue Forecast

Figure 57: By Country, Revenue Forecast (USD Billion)

 

List of Tables

Table 01: Market Opportunity Heat Map, Region By Services

Table 02: Market Opportunity Heat Map, Region By Application

Table 03: Global Aerospace Market, By Type: Revenue Forecast (USD Billion)

Table 04: Global Oil and Gas Market, By Type: Revenue Forecast (USD Billion)

Table 05: Global Automotive Market, By Type: Revenue Forecast (USD Billion)

Table 06: Global Food and Beverages Market, By Type: Revenue Forecast (USD Billion)

Table 07: Global Textile Market, By Type: Revenue Forecast (USD Billion)

Table 08: North America Market, By Services: Revenue Forecast (USD Billion)

Table 09: North America Aerospace Market, By Type: Revenue Forecast (USD Billion)

Table 10: North America Oil and Gas Market, By Type: Revenue Forecast (USD Billion)

Table 11: North America Automotive Market, By Type: Revenue Forecast (USD Billion)

Table 12: North America Food and Beverages Market, By Type: Revenue Forecast (USD Billion)

Table 13: North America Textile Market, By Type: Revenue Forecast (USD Billion)

Table 14: North America Market, By Country: Revenue Forecast (USD Billion)

Table 15: Europe Market, By Services: Revenue Forecast (USD Billion)

Table 16: Europe Aerospace Market, By Type: Revenue Forecast (USD Billion)

Table 17: Europe Oil and Gas Market, By Type: Revenue Forecast (USD Billion)

Table 18: Europe Automotive Market, By Type: Revenue Forecast (USD Billion)

Table 19: Europe Food and Beverages Market, By Type: Revenue Forecast (USD Billion)

Table 20: Europe Textile Market, By Type: Revenue Forecast (USD Billion)

Table 21: Europe Market, By Country: Revenue Forecast (USD Billion)

Table 22: Asia Pacific Market, By Services: Revenue Forecast (USD Billion)

Table 23: Asia Pacific Aerospace Market, By Type: Revenue Forecast (USD Billion)

Table 24: Asia Pacific Oil and Gas Market, By Type: Revenue Forecast (USD Billion)

Table 25: Asia Pacific Automotive Market, By Type: Revenue Forecast (USD Billion)

Table 26: Asia Pacific Food and Beverages Market, By Type: Revenue Forecast (USD Billion)

Table 27: Asia Pacific Textile Market, By Type: Revenue Forecast (USD Billion)

Table 28: Asia Pacific Market, By Country: Revenue Forecast (USD Billion)

Table 29: MEA Market, By Services: Revenue Forecast (USD Billion)

Table 30: MEA Aerospace Market, By Type: Revenue Forecast (USD Billion)

Table 31: MEA Oil and Gas Market, By Type: Revenue Forecast (USD Billion)

Table 32: MEA Automotive Market, By Type: Revenue Forecast (USD Billion)

Table 33: MEA Food and Beverages Market, By Type: Revenue Forecast (USD Billion)

Table 34: MEA Textile Market, By Type: Revenue Forecast (USD Billion)

Table 35: MEA Market, By Country: Revenue Forecast (USD Billion)

Table 36: Latin America Market, By Services: Revenue Forecast (USD Billion)

Table 37: Latin America Aerospace Market, By Type: Revenue Forecast (USD Billion)

Table 38: Latin America Oil and Gas Market, By Type: Revenue Forecast (USD Billion)

Table 39: Latin America Automotive Market, By Type: Revenue Forecast (USD Billion)

Table 40: Latin America Food and Beverages Market, By Type: Revenue Forecast (USD Billion)

Table 41: Latin America Textile Market, By Type: Revenue Forecast (USD Billion)

Table 42: Latin America Market, By Country: Revenue Forecast (USD Billion)

TIC Market Size Analysis - Introduction

Testing, inspection, and certification organizations are engaged in testing, inspection and certification services wherein the main purpose is to help clients to comply with the regulations relating to quality, safety, and environment. Some of the renowned certification authorities are Consumer Product Safety Commission (CPSC), International Organization for Standardization (ISO), Food and Drug Administration (FDA) and Dirección General de Normas (DGN) among others.

TIC Market Revenue Share By Geography
Global TIC Market Revenue Share, By Geography, 2016 Vs 2025 (%)

Market Dynamics

The primary driving factors of the global TIC market are increasing demand for testing services among end users to ensure products and services offered by them adhere to existing quality as well as safety standards. In addition, stringent regulations regarding safety, quality and environment impact of products, assets, and services by regulatory bodies have increased the importance of availing TIC services among end users. In countries from North America and Europe, state of technology dynamics has changed rapidly in last 10 years. For example, shale gas revolution in some of the developed countries has created the requirement for a new set of testing services to ensure safe operations. Such rapidly changing technology dynamics in developed countries have created the growth opportunity for TIC market. However, more than 50% of the TIC market is served by internal TIC department of companies, government bodies, industrial health and safety authorities and port authorities among others. Such heavy share of government bodies has dented the growth opportunity for private TIC service providers.

 

Segmentation Overview

Based on services, the global market has been segmented into testing, inspection, and certification. As of 2016, testing held the largest share as services type in terms of revenue. Testing is preferred over other TIC services owing to greater awareness among stakeholders, increasing demand for complex testing procedures in oil and gas industry and comparatively higher price of testing services over other TIC services.

On the basis of application, the market has been divided into aerospace, oil, and gas, automotive, food and beverages, textile and others. In terms of revenue, oil and gas was the market leader in 2016. The growing application of TIC services across upstream and downstream activities and growing demand for testing services in shale gas production, which was instrumental in gaining the leading position of this segment.

 

Regional Outlook

TIC market has been further segmented into five broad geographic regions, namely North America, Europe, Asia Pacific (APAC), Middle-East & Africa (MEA) and Latin America. Europe occupied the largest share of the market in 2016. The large TIC market share can be attributed to greater penetration of TIC services across different industries and greater concentration of TIC services provider in this region.

 

Leading Player Mapping

Some major players in the market are: DEKRA SE (Germany), Bureau Veritas S.A. (France), SGS S.A. (Switzerland), Intertek Group plc (The U.K.), AsureQuality Ltd. (New Zealand), ASTM International (The U.S.), Underwriters Laboratories, Inc. (The U.S.), DNV GL (Norway), TÜV Rheinland Group (Germany) and Cotecna S.A. (Switzerland) among others.

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