Global Testing, Inspection and Certification Market Report 2019, Competitive Landscape, Trends and Opportunities
Overview:
The Testing, Inspection and Certification (TIC) industry includes a series of assessment centric companies who specialize in auditing, inspecting, testing, verification, quality assurance and certification services. In certain instances, these services are outsourced, and in the others, companies have in-house options.
The advent of this industry began with the industrial revolution back in the 19th century as with the utilization of high-end technological devices, a lot of risks were attached, especially when it came to high-pressure steam boilers. These tests birthed out of a concern for the people working in these industrial areas and factories and also to make sure that the quality of the products being produced is top-notch.
The motive of most Testing, Inspection and Certification companies in contemporary times is to avoid the deadly damages or harm that could occur because of lack of maintenance of the tools and people working in such organisations.
Globalization has led to the high demand for such services, new factories, organisations and industries are coming up frequently, and without these certifications, their respective goods, services, and products would not be valid. People rely on the reports of the TIC industry to function properly in the market. Their reviews and results matter for the overall profit and growth of the company. In fact, TIC is the foundation of most of such organisations.
Businesses are expecting to ensure that their products, infrastructures and procedures meet the level of the predetermined regulations with regards to quality, health and safety, environmental protection and social responsibility. The risks of failure, accidents and damages are reduced because of such inspections.
For example, businesses that revolve around carrying commodities such as petroleum, grains or livestock require the utmost care and supervision. Even a little error can result in life-threatening accidents.
Certain product categories need to go through this assessment before they can dissipate their products in the market.
Top Key Vendors:
Exova Group PLC
TUV Rheinland A.G.
Mistras Group,Inc.
Bureau Veritas S.A.
TUV SUD Group
ALS Limited
Eurofins Scientific
SGS Group
UL LLC
SAI Global Limited
ASTM International
TUV Nord Group
Intertek Group PLC
BSI Group
Dekra Certification GmbH
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Segmentation:
This report has been divided into different segments based on Types (Testing, Inspection and Certification), Applications (Petroleum, Environmental, Consumer Goods,Agriculture, Mining, Construction & Infrastructure, Manufacturing, Oil & Gas, Chemicals), Regions (United States, Europe, China, Japan, India, Southeast Asia, Central and South America, the Middle East and Africa) and Companies(Exova Group PLC ,TUV Rheinland A.G., Others).
The global production level, market size, share and trends have all been thoroughly inspected in different chapters of this report.
Regional Analysis:
This report provides a worldwide view and market landscape of the Testing, Inspection and Certification Market. The key regions that have been taken into account for research are – United States, Europe (Germany, UK, France, Italy, Spain, Russia, Poland),China,Japan,India,Southeast Asia (Malaysia, Singapore, Philippines, Indonesia, Thailand, Vietnam),Central and South America (Brazil, Mexico, Colombia),Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Egypt, South Africa, Nigeria) and Other Regions.
This study gives important insights into this industry and scans the entire TIC market, starting from global production and revenue forecast to regional forecast.
Industry News:
The scope of this industry is high as the supply rate does not match the demand of the businesses that are coming up every day. People are seeking independent organisations to carry out assessment procedures.
Continued…..
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