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Testing, Inspection And Certification Market by Service Type, Sourcing Type, Application And Geography - Global Forecast to 2023NEW YORK, Oct. 16, 2017 /PRNewswire/ -- "TIC market is projected to grow at a CAGR of 5.02% between 2017 and 2023" "APAC is expected to be the fastest-growing market for TIC services during the forecast period" Many economically advanced countries have their manufacturing units in the developing economies of Asia Pacific (APAC), especially China and India. These units are required to manufacture products in compliance with internationally accepted standards. Moreover, the domestic markets in APAC are growing rapidly because of the rising per capita income among the middle class. Breakdown of profile of primary participants: • By Company: Tier 1 – 53 %, Tier 2 – 15%, and Tier 3 – 32% • By Designation: C-Level Executives – 48%, Directors = 27%, and Others = 25% • By Region: North America – 19%, Europe – 43%, APAC – 33%, and RoW – 5% The major players profiled in this report include: • SGS (Switzerland) • Bureau Veritas (France) • Intertek (UK) • DEKRA (Germany) • TÜV SÜD (Germany) • Eurofins Scientific (Luxembourg) • DNV GL (Norway) • TÜV Rheinland (Germany) • Applus (Spain) • ALS (Australia) • TÜV Nord (Germany) • Lloyd's Register (UK) • MISTRAS (US) • Element Materials Technology (UK) • UL (US) Research Coverage The study segments the testing, inspection, and certification market report into service type (testing services, inspection services, certification services, and others) and sourcing type (in-house and outsourced). The study also covers applications and provides the geographic forecast of the market size for various segments with regard to four main regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). Reasons to buy the report The report would help the market leaders/new entrants in this market in the following ways: 1. This report segments the testing, inspection, and certification market comprehensively and provides the closest approximations of the overall market size and those of the subsegments across different applications and regions. 2. The report provides the detailed analysis of the testing, inspection, and certification market with the help of PEST analysis, competitive leadership mapping, and value chain analysis including key companies in the market and their relations in the ecosystem. 3. The report helps stakeholders to understand the pulse of the market and provides them information on the key market drivers, restraints, challenges, and opportunities. 4. This report would help stakeholders to understand their competitors better and gain insights to enhance their position in the business. The competitive landscape section includes the competitor ecosystem, product developments, partnerships, and mergers and acquisitions in the testing, inspection, and certification market. Read the full report: https://www.reportlinker.com/p05144553 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. https://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/testing-inspection-and-certification-market-by-service-type-sourcing-type-application-and-geography---global-forecast-to-2023-300537461.html SOURCE Reportlinker |