VALIDATED EXECUTIVE ENGAGEMENTS
OUTREACH
1174
Number of executives repeatedly engaged by snail & email outreach
INTERACTIONS
211
Interactions with Platform & by Email
PARTICIPANTS
47
Unique # Participated
VALIDATIONS
21
Responses Validated*
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DATE
SEP 2020
TABLES
159
PAGES
235
EDITION
5
PRICE
USD $4950
Easy Growth Opportunities Often Go Unnoticed. Find Your "Low Hanging Fruit".
Top Markets for Testing, Inspection, and Certification (TIC).
Amid the COVID-19 crisis, the global market for Testing, Inspection, and Certification (TIC) estimated at US$197.1 Billion in the year 2020, is projected to reach a revised size of US$272.2 Billion by 2027, growing at a CAGR of 4.7% over the analysis period 2020-2027. Testing Services, one of the segments analyzed in the report, is projected to record a 4.3% CAGR and reach US$130.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Inspection Services segment is readjusted to a revised 5% CAGR for the next 7-year period.
The Testing, Inspection, and Certification (TIC) market in the U.S. is estimated at US$58.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$48.4 Billion by the year 2027 trailing a CAGR of 4.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.
In the global Certification Services segment, USA, Canada, Japan, China and Europe will drive the 5.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$25.9 Billion in the year 2020 will reach a projected size of US$38.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$30.5 Billion by the year 2027.We bring years of research experience to this 5th edition of our report. The 235-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
ALS Ltd.; Applus+ Servicios Tecnologicos, S.L; Avomeen Analytical Services; Bureau Veritas SA; Dekra SE; DNV GL Group; Element Materials Technology; Envigo, Inc.; Eurofins Scientific SE; Intertek Group PLC; Lloyd's Register Group Limited; Medistri SA; Mistras Group, Inc.; SGS Group (SGS SA); Tuv Nord Group; TUV Rheinland AG; Tuv Sud AG; UL LLC (Underwriters Laboratories)
» Application (Consumer Goods & Retail, Agriculture & Food, Chemicals, Transportation, Other Applications) » Service Type (Testing Services, Inspection Services, Certification Services, Other Service Types) » Sourcing Type (In-House, Outsourced)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World
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05
| I. INTRODUCTION, METHODOLOGY & REPORT SCOPE |
| II. EXECUTIVE SUMMARY |
| 1. MARKET OVERVIEW |
| Global Competitor Market Shares |
| Testing, Inspection, and Certification (TIC) Competitor Market Share Scenario Worldwide (in %): 2019 & 2025 |
| Impact of Covid-19 and a Looming Global Recession |
| 2. FOCUS ON SELECT PLAYERS |
| 3. MARKET TRENDS & DRIVERS |
| 4. GLOBAL MARKET PERSPECTIVE |
| Testing, Inspection, and Certification (TIC) Global Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025 |
| Testing, Inspection, and Certification (TIC) Global Retrospective Market Scenario in US$ Million by Region/Country: 2009-2017 |
| Testing, Inspection, and Certification (TIC) Market Share Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025 |
| Consumer Goods & Retail (Application) Global Opportunity Assessment in US$ Million by Region/Country: 2018-2025 |
| Consumer Goods & Retail (Application) Historic Sales Analysis in US$ Million by Region/Country: 2009-2017 |
| Consumer Goods & Retail (Application) Percentage Share Breakdown of Global Sales by Region/Country: 2009 VS 2019 VS 2025 |
| Agriculture & Food (Application) Worldwide Sales in US$ Million by Region/Country: 2018-2025 |
| Agriculture & Food (Application) Historic Demand Patterns in US$ Million by Region/Country: 2009-2017 |
| Agriculture & Food (Application) Market Share Shift across Key Geographies: 2009 VS 2019 VS 2025 |
| Chemicals (Application) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2018-2025 |
| Chemicals (Application) Retrospective Demand Analysis in US$ Million by Region/Country: 2009-2017 |
| Chemicals (Application) Market Share Breakdown by Region/Country: 2009 VS 2019 VS 2025 |
| Transportation (Application) Demand Potential Worldwide in US$ Million by Region/Country: 2018-2025 |
| Transportation (Application) Historic Sales Analysis in US$ Million by Region/Country: 2009-2017 |
| Transportation (Application) Share Breakdown Review by Region/Country: 2009 VS 2019 VS 2025 |
| Other Applications (Application) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2018-2025 |
| Other Applications (Application) Global Historic Analysis in US$ Million by Region/Country: 2009-2017 |
| Other Applications (Application) Distribution of Global Sales by Region/Country: 2009 VS 2019 VS 2025 |
| Testing Services (Service Type) World Market by Region/Country in US$ Million: 2018 to 2025 |
| Testing Services (Service Type) Historic Market Analysis by Region/Country in US$ Million: 2009 to 2017 |
| Testing Services (Service Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2009 VS 2019 VS 2025 |
| Inspection Services (Service Type) Potential Growth Markets Worldwide in US$ Million: 2018 to 2025 |
| Inspection Services (Service Type) Historic Market Perspective by Region/Country in US$ Million: 2009 to 2017 |
| Inspection Services (Service Type) Market Sales Breakdown by Region/Country in Percentage: 2009 VS 2019 VS 2025 |
| Certification Services (Service Type) Geographic Market Spread Worldwide in US$ Million: 2018 to 2025 |
| Certification Services (Service Type) Region Wise Breakdown of Global Historic Demand in US$ Million: 2009 to 2017 |
| Certification Services (Service Type) Market Share Distribution in Percentage by Region/Country: 2009 VS 2019 VS 2025 |
| Other Service Types (Service Type) World Market Estimates and Forecasts by Region/Country in US$ Million: 2018 to 2025 |
| Other Service Types (Service Type) Market Historic Review by Region/Country in US$ Million: 2009 to 2017 |
| Other Service Types (Service Type) Market Share Breakdown by Region/Country: 2009 VS 2019 VS 2025 |
| In-House (Sourcing Type) World Market by Region/Country in US$ Million: 2018 to 2025 |
| In-House (Sourcing Type) Historic Market Analysis by Region/Country in US$ Million: 2009 to 2017 |
| In-House (Sourcing Type) Market Share Distribution in Percentage by Region/Country: 2009 VS 2019 VS 2025 |
| Outsourced (Sourcing Type) World Market Estimates and Forecasts in US$ Million by Region/Country: 2018 to 2025 |
| Outsourced (Sourcing Type) Market Worldwide Historic Review by Region/Country in US$ Million: 2009 to 2017 |
| Outsourced (Sourcing Type) Market Percentage Share Distribution by Region/Country: 2009 VS 2019 VS 2025 |
| III. MARKET ANALYSIS |
| GEOGRAPHIC MARKET ANALYSIS |
| UNITED STATES |
| Market Facts & Figures |
| US Testing, Inspection, and Certification (TIC) Market Share (in %) by Company: 2019 & 2025 |
| United States Testing, Inspection, and Certification (TIC) Latent Demand Forecasts in US$ Million by Application: 2018 to 2025 |
| Testing, Inspection, and Certification (TIC) Historic Demand Patterns in the United States by Application in US$ Million for 2009-2017 |
| Testing, Inspection, and Certification (TIC) Market Share Breakdown in the United States by Application: 2009 VS 2019 VS 2025 |
| United States Testing, Inspection, and Certification (TIC) Market Estimates and Projections in US$ Million by Service Type: 2018 to 2025 |
| Testing, Inspection, and Certification (TIC) Market in the United States by Service Type: A Historic Review in US$ Million for 2009-2017 |
| United States Testing, Inspection, and Certification (TIC) Market Share Breakdown by Service Type: 2009 VS 2019 VS 2025 |
| United States Testing, Inspection, and Certification (TIC) Market Estimates and Projections in US$ Million by Sourcing Type: 2018 to 2025 |
| Testing, Inspection, and Certification (TIC) Market in the United States by Sourcing Type: A Historic Review in US$ Million for 2009-2017 |
| United States Testing, Inspection, and Certification (TIC) Market Share Breakdown by Sourcing Type: 2009 VS 2019 VS 2025 |
| CANADA |
| Canadian Testing, Inspection, and Certification (TIC) Market Quantitative Demand Analysis in US$ Million by Application: 2018 to 2025 |
| Testing, Inspection, and Certification (TIC) Market in Canada: Summarization of Historic Demand Patterns in US$ Million by Application for 2009-2017 |
| Canadian Testing, Inspection, and Certification (TIC) Market Share Analysis by Application: 2009 VS 2019 VS 2025 |
| Canadian Testing, Inspection, and Certification (TIC) Market Estimates and Forecasts in US$ Million by Service Type: 2018 to 2025 |
| Canadian Testing, Inspection, and Certification (TIC) Historic Market Review by Service Type in US$ Million: 2009-2017 |
| Testing, Inspection, and Certification (TIC) Market in Canada: Percentage Share Breakdown of Sales by Service Type for 2009, 2019, and 2025 |
| Canadian Testing, Inspection, and Certification (TIC) Market Estimates and Forecasts in US$ Million by Sourcing Type: 2018 to 2025 |
| Canadian Testing, Inspection, and Certification (TIC) Historic Market Review by Sourcing Type in US$ Million: 2009-2017 |
| Testing, Inspection, and Certification (TIC) Market in Canada: Percentage Share Breakdown of Sales by Sourcing Type for 2009, 2019, and 2025 |
| JAPAN |
| Japanese Demand Estimates and Forecasts for Testing, Inspection, and Certification (TIC) in US$ Million by Application: 2018 to 2025 |
| Japanese Testing, Inspection, and Certification (TIC) Market in US$ Million by Application: 2009-2017 |
| Testing, Inspection, and Certification (TIC) Market Share Shift in Japan by Application: 2009 VS 2019 VS 2025 |
| Japanese Market for Testing, Inspection, and Certification (TIC): Annual Sales Estimates and Projections in US$ Million by Service Type for the Period 2018-2025 |
| Testing, Inspection, and Certification (TIC) Market in Japan: Historic Sales Analysis in US$ Million by Service Type for the Period 2009-2017 |
| Japanese Testing, Inspection, and Certification (TIC) Market Share Analysis by Service Type: 2009 VS 2019 VS 2025 |
| Japanese Market for Testing, Inspection, and Certification (TIC): Annual Sales Estimates and Projections in US$ Million by Sourcing Type for the Period 2018-2025 |
| Testing, Inspection, and Certification (TIC) Market in Japan: Historic Sales Analysis in US$ Million by Sourcing Type for the Period 2009-2017 |
| Japanese Testing, Inspection, and Certification (TIC) Market Share Analysis by Sourcing Type: 2009 VS 2019 VS 2025 |
| CHINA |
| Chinese Demand for Testing, Inspection, and Certification (TIC) in US$ Million by Application: 2018 to 2025 |
| Testing, Inspection, and Certification (TIC) Market Review in China in US$ Million by Application: 2009-2017 |
| Chinese Testing, Inspection, and Certification (TIC) Market Share Breakdown by Application: 2009 VS 2019 VS 2025 |
| Chinese Testing, Inspection, and Certification (TIC) Market Growth Prospects in US$ Million by Service Type for the Period 2018-2025 |
| Testing, Inspection, and Certification (TIC) Historic Market Analysis in China in US$ Million by Service Type: 2009-2017 |
| Chinese Testing, Inspection, and Certification (TIC) Market by Service Type: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
| Chinese Testing, Inspection, and Certification (TIC) Market Growth Prospects in US$ Million by Sourcing Type for the Period 2018-2025 |
| Testing, Inspection, and Certification (TIC) Historic Market Analysis in China in US$ Million by Sourcing Type: 2009-2017 |
| Chinese Testing, Inspection, and Certification (TIC) Market by Sourcing Type: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
| EUROPE |
| Market Facts & Figures |
| European Testing, Inspection, and Certification (TIC) Market: Competitor Market Share Scenario (in %) for 2019 & 2025 |
| European Testing, Inspection, and Certification (TIC) Market Demand Scenario in US$ Million by Region/Country: 2018-2025 |
| Testing, Inspection, and Certification (TIC) Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2009-2017 |
| European Testing, Inspection, and Certification (TIC) Market Share Shift by Region/Country: 2009 VS 2019 VS 2025 |
| European Testing, Inspection, and Certification (TIC) Addressable Market Opportunity in US$ Million by Application: 2018-2025 |
| Testing, Inspection, and Certification (TIC) Market in Europe: Summarization of Historic Demand in US$ Million by Application for the Period 2009-2017 |
| European Testing, Inspection, and Certification (TIC) Market Share Analysis by Application: 2009 VS 2019 VS 2025 |
| European Testing, Inspection, and Certification (TIC) Market Estimates and Forecasts in US$ Million by Service Type: 2018-2025 |
| Testing, Inspection, and Certification (TIC) Market in Europe in US$ Million by Service Type: A Historic Review for the Period 2009-2017 |
| European Testing, Inspection, and Certification (TIC) Market Share Breakdown by Service Type: 2009 VS 2019 VS 2025 |
| European Testing, Inspection, and Certification (TIC) Market Estimates and Forecasts in US$ Million by Sourcing Type: 2018-2025 |
| Testing, Inspection, and Certification (TIC) Market in Europe in US$ Million by Sourcing Type: A Historic Review for the Period 2009-2017 |
| European Testing, Inspection, and Certification (TIC) Market Share Breakdown by Sourcing Type: 2009 VS 2019 VS 2025 |
| FRANCE |
| Testing, Inspection, and Certification (TIC) Quantitative Demand Analysis in France in US$ Million by Application: 2018-2025 |
| French Testing, Inspection, and Certification (TIC) Historic Market Review in US$ Million by Application: 2009-2017 |
| French Testing, Inspection, and Certification (TIC) Market Share Analysis: A 17-Year Perspective by Application for 2009, 2019, and 2025 |
| Testing, Inspection, and Certification (TIC) Market in France by Service Type: Estimates and Projections in US$ Million for the Period 2018-2025 |
| French Testing, Inspection, and Certification (TIC) Historic Market Scenario in US$ Million by Service Type: 2009-2017 |
| French Testing, Inspection, and Certification (TIC) Market Share Analysis by Service Type: 2009 VS 2019 VS 2025 |
| Testing, Inspection, and Certification (TIC) Market in France by Sourcing Type: Estimates and Projections in US$ Million for the Period 2018-2025 |
| French Testing, Inspection, and Certification (TIC) Historic Market Scenario in US$ Million by Sourcing Type: 2009-2017 |
| French Testing, Inspection, and Certification (TIC) Market Share Analysis by Sourcing Type: 2009 VS 2019 VS 2025 |
| GERMANY |
| Testing, Inspection, and Certification (TIC) Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by Application for the Period 2018-2025 |
| German Testing, Inspection, and Certification (TIC) Market in Retrospect in US$ Million by Application: 2009-2017 |
| Testing, Inspection, and Certification (TIC) Market Share Distribution in Germany by Application: 2009 VS 2019 VS 2025 |
| Testing, Inspection, and Certification (TIC) Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Service Type for the Period 2018-2025 |
| German Testing, Inspection, and Certification (TIC) Historic Market Analysis in US$ Million by Service Type: 2009-2017 |
| German Testing, Inspection, and Certification (TIC) Market Share Breakdown by Service Type: 2009 VS 2019 VS 2025 |
| Testing, Inspection, and Certification (TIC) Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Sourcing Type for the Period 2018-2025 |
| German Testing, Inspection, and Certification (TIC) Historic Market Analysis in US$ Million by Sourcing Type: 2009-2017 |
| German Testing, Inspection, and Certification (TIC) Market Share Breakdown by Sourcing Type: 2009 VS 2019 VS 2025 |
| ITALY |
| Italian Demand for Testing, Inspection, and Certification (TIC) in US$ Million by Application: 2018 to 2025 |
| Testing, Inspection, and Certification (TIC) Market Review in Italy in US$ Million by Application: 2009-2017 |
| Italian Testing, Inspection, and Certification (TIC) Market Share Breakdown by Application: 2009 VS 2019 VS 2025 |
| Italian Testing, Inspection, and Certification (TIC) Market Growth Prospects in US$ Million by Service Type for the Period 2018-2025 |
| Testing, Inspection, and Certification (TIC) Historic Market Analysis in Italy in US$ Million by Service Type: 2009-2017 |
| Italian Testing, Inspection, and Certification (TIC) Market by Service Type: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
| Italian Testing, Inspection, and Certification (TIC) Market Growth Prospects in US$ Million by Sourcing Type for the Period 2018-2025 |
| Testing, Inspection, and Certification (TIC) Historic Market Analysis in Italy in US$ Million by Sourcing Type: 2009-2017 |
| Italian Testing, Inspection, and Certification (TIC) Market by Sourcing Type: Percentage Breakdown of Sales for 2009, 2019, and 2025 |
| UNITED KINGDOM |
| United Kingdom Demand Estimates and Forecasts for Testing, Inspection, and Certification (TIC) in US$ Million by Application: 2018 to 2025 |
| United Kingdom Testing, Inspection, and Certification (TIC) Market in US$ Million by Application: 2009-2017 |
| Testing, Inspection, and Certification (TIC) Market Share Shift in the United Kingdom by Application: 2009 VS 2019 VS 2025 |
| United Kingdom Market for Testing, Inspection, and Certification (TIC): Annual Sales Estimates and Projections in US$ Million by Service Type for the Period 2018-2025 |
| Testing, Inspection, and Certification (TIC) Market in the United Kingdom: Historic Sales Analysis in US$ Million by Service Type for the Period 2009-2017 |
| United Kingdom Testing, Inspection, and Certification (TIC) Market Share Analysis by Service Type: 2009 VS 2019 VS 2025 |
| United Kingdom Market for Testing, Inspection, and Certification (TIC): Annual Sales Estimates and Projections in US$ Million by Sourcing Type for the Period 2018-2025 |
| Testing, Inspection, and Certification (TIC) Market in the United Kingdom: Historic Sales Analysis in US$ Million by Sourcing Type for the Period 2009-2017 |
| United Kingdom Testing, Inspection, and Certification (TIC) Market Share Analysis by Sourcing Type: 2009 VS 2019 VS 2025 |
| REST OF EUROPE |
| Rest of Europe Testing, Inspection, and Certification (TIC) Addressable Market Opportunity in US$ Million by Application: 2018-2025 |
| Testing, Inspection, and Certification (TIC) Market in Rest of Europe: Summarization of Historic Demand in US$ Million by Application for the Period 2009-2017 |
| Rest of Europe Testing, Inspection, and Certification (TIC) Market Share Analysis by Application: 2009 VS 2019 VS 2025 |
| Rest of Europe Testing, Inspection, and Certification (TIC) Market Estimates and Forecasts in US$ Million by Service Type: 2018-2025 |
| Testing, Inspection, and Certification (TIC) Market in Rest of Europe in US$ Million by Service Type: A Historic Review for the Period 2009-2017 |
| Rest of Europe Testing, Inspection, and Certification (TIC) Market Share Breakdown by Service Type: 2009 VS 2019 VS 2025 |
| Rest of Europe Testing, Inspection, and Certification (TIC) Market Estimates and Forecasts in US$ Million by Sourcing Type: 2018-2025 |
| Testing, Inspection, and Certification (TIC) Market in Rest of Europe in US$ Million by Sourcing Type: A Historic Review for the Period 2009-2017 |
| Rest of Europe Testing, Inspection, and Certification (TIC) Market Share Breakdown by Sourcing Type: 2009 VS 2019 VS 2025 |
| ASIA-PACIFIC |
| Testing, Inspection, and Certification (TIC) Quantitative Demand Analysis in Asia-Pacific in US$ Million by Application: 2018-2025 |
| Asia-Pacific Testing, Inspection, and Certification (TIC) Historic Market Review in US$ Million by Application: 2009-2017 |
| Asia-Pacific Testing, Inspection, and Certification (TIC) Market Share Analysis: A 17-Year Perspective by Application for 2009, 2019, and 2025 |
| Testing, Inspection, and Certification (TIC) Market in Asia-Pacific by Service Type: Estimates and Projections in US$ Million for the Period 2018-2025 |
| Asia-Pacific Testing, Inspection, and Certification (TIC) Historic Market Scenario in US$ Million by Service Type: 2009-2017 |
| Asia-Pacific Testing, Inspection, and Certification (TIC) Market Share Analysis by Service Type: 2009 VS 2019 VS 2025 |
| Testing, Inspection, and Certification (TIC) Market in Asia-Pacific by Sourcing Type: Estimates and Projections in US$ Million for the Period 2018-2025 |
| Asia-Pacific Testing, Inspection, and Certification (TIC) Historic Market Scenario in US$ Million by Sourcing Type: 2009-2017 |
| Asia-Pacific Testing, Inspection, and Certification (TIC) Market Share Analysis by Sourcing Type: 2009 VS 2019 VS 2025 |
| REST OF WORLD |
| Rest of World Testing, Inspection, and Certification (TIC) Market Quantitative Demand Analysis in US$ Million by Application: 2018 to 2025 |
| Testing, Inspection, and Certification (TIC) Market in Rest of World: Summarization of Historic Demand Patterns in US$ Million by Application for 2009-2017 |
| Rest of World Testing, Inspection, and Certification (TIC) Market Share Analysis by Application: 2009 VS 2019 VS 2025 |
| Rest of World Testing, Inspection, and Certification (TIC) Market Estimates and Forecasts in US$ Million by Service Type: 2018 to 2025 |
| Rest of World Testing, Inspection, and Certification (TIC) Historic Market Review by Service Type in US$ Million: 2009-2017 |
| Testing, Inspection, and Certification (TIC) Market in Rest of World: Percentage Share Breakdown of Sales by Service Type for 2009, 2019, and 2025 |
| Rest of World Testing, Inspection, and Certification (TIC) Market Estimates and Forecasts in US$ Million by Sourcing Type: 2018 to 2025 |
| Rest of World Testing, Inspection, and Certification (TIC) Historic Market Review by Sourcing Type in US$ Million: 2009-2017 |
| Testing, Inspection, and Certification (TIC) Market in Rest of World: Percentage Share Breakdown of Sales by Sourcing Type for 2009, 2019, and 2025 |
| IV. COMPETITION |
| Total Companies Profiled : 46 Click here to request a full table of contents and more details on this project. |
| V. CURATED RESEARCH |
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