fbpx

Global Testing, Inspection & Certification Market Outlook 2017-2026, With an Expected CAGR of 6% – ResearchAndMarkets.com

The “Testing,
Inspection and Certification – Global Market Outlook (2017-2026)”
report has been added to ResearchAndMarkets.com’s
offering.

According to the publisher, the Global Testing, Inspection and
Certification Market is accounted for $184.2 billion in 2017 and is
expected to reach $312.25 billion by 2026 growing at a CAGR of 6.0%
during the forecast period.

The growth of this market is driven by increasing goods in emerging
nations, increase in product recalls, government regulations and
standards also various companies are offering TIC services.

Testing, Inspection and Certification (TIC) is a process performed to
ensure that the manufactured products, component systems are adequate
for the intended purpose. Inspection and testing are performed before,
during and after manufacturing to ensure the quality of the product
while certification refers to the confirmation of the quality of the
product.

Based on application, transportation segment dominates the market due to
the factors such as strict regulations and legislations. It includes
automotive, marine, aerospace and defense, and rail. These industries
are required to continually meet the highest levels of safety and
reliability for the safety of passengers and assets.

Europe accounted for largest share in the Testing, Inspection and
Certification market due to continual introduction of new rules such as
energy efficiency in construction and rising focus on outsourcing. Asia
Pacific market is expected to witness a significant growth over the
forecast period owing to rising number of manufacturing facilities in
India and China, increased demand of consumer electronics as well as
growing consumer awareness towards quality is aiding the market growth.

Companies Mentioned

Key Topics Covered:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Testing, Inspection, and Certification (TIC) Market, By
Sourcing Type

6 Global Testing, Inspection, and Certification (TIC) Market, By Service
Type

7 Global Testing, Inspection, and Certification (TIC) Market, By
Application

8 Global Testing, Inspection, and Certification (TIC) Market, By
Methodology

9 Global Testing, Inspection, and Certification (TIC) Market, By
Geography

10 Key Developments

11 Company Profiling

For more information about this report visit https://www.researchandmarkets.com/research/rpmzj9/global_testing?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180618005561/en/