The North America Testing, Inspection and Certification (TIC) Market would witness market growth of 2.6% CAGR during the forecast period (2023-2030).
Testing, verification, quality assurance, and certification of a product, equipment, and more are all included in the services offered under the testing, inspection, and certification (TIC) umbrella. These aid in boosting manufacturing efficiency to minimize risk and reduce error. TIC services are relevant to oil and gas, food, pharmaceutical, chemical, and other industries. The growing demand for testing interoperability for IoT and connected devices, together with manufacturing organizations' increased focus on providing high-quality goods, is driving the expansion of the market.
To ascertain whether the goods provided by manufacturing companies comply with the essential norms and legislation, testing, inspection, and certification (TIC) solutions are typically required. As an illustration, testing services are employed in the automotive sector to guarantee that various components and solutions adhere to the set standards and legal criteria. The demand for TIC will rise along with rising automobile demand.
The US Consumer Product Safety Improvement Act mandates that some items be tested and certified by a third party before being on sale. Consequently, various product certification schemes are being offered by vendors to help consumers fulfill industry requirements for consumer electronics, smart, and wireless devices due to the growing use of these products in the market. The technologies covered by these initiatives include cellular PTCRB, LoRa Alliance, Bluetooth SIG, and NFC Forum. If devices use wireless and cellular technologies, these certifications are necessary. Hence, all these elements aid in expanding the regional market throughout the forecast period.
The US market dominated the North America Testing, Inspection and Certification (TIC) Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $56,675.5 million by 2030. The Canada market is experiencing a CAGR of 4.9% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 4% during (2023 - 2030).
Based on Application, the market is segmented into Consumer Goods & Retail, Agriculture & Food, Chemicals, Infrastructure, Manufacturing, Medical & Lifesciences, Mining, Oil & Gas, Automotive, Public Sector, and IT, Telecom & Others. Based on Sourcing Type, the market is segmented into In-house, and Outsourced. Based on Service Type, the market is segmented into Testing, Inspection, and Certification. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Testing, Inspection and Certification (TIC) Market is Projected to reach USD 280.1 Billion by 2030, at a CAGR of 3.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SGS S.A., Bureau Veritas S.A., Intertek Group PLC, Eurofins Scientific SE, TÜV Rheinland AG, Applus+ Group, TÜV Nord Group, DEKRA SE, TUV SUD and DNV AS.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Consumer Goods & Retail
- Agriculture & Food
- Chemicals
- Infrastructure
- Manufacturing
- Medical & Lifesciences
- Mining, Oil & Gas
- Automotive
- Public Sector
- IT, Telecom & Others
By Sourcing Type
By Service Type
- Testing
- Inspection
- Certification
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- SGS S.A.
- Bureau Veritas S.A.
- Intertek Group PLC
- Eurofins Scientific SE
- TÜV Rheinland AG
- Applus+ Group
- TÜV Nord Group
- DEKRA SE
- TUV SUD
- DNV AS
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Testing, Inspection and Certification (TIC) Market, by Application
1.4.2 North America Testing, Inspection and Certification (TIC) Market, by Sourcing Type
1.4.3 North America Testing, Inspection and Certification (TIC) Market, by Service Type
1.4.4 North America Testing, Inspection and Certification (TIC) Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.2.4 Geographical Expansions
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Jan – 2023, May) Leading Players
4.4 Porter Five Forces Analysis
Chapter 5. North America Testing, Inspection and Certification (TIC) Market by Application
5.1 North America Consumer Goods & Retail Market by Country
5.2 North America Agriculture & Food Market by Country
5.3 North America Chemicals Market by Country
5.4 North America Infrastructure Market by Country
5.5 North America Manufacturing Market by Country
5.6 North America Medical & Lifesciences Market by Country
5.7 North America Mining, Oil & Gas Market by Country
5.8 North America Automotive Market by Country
5.9 North America Public Sector Market by Country
5.1 North America IT, Telecom & Others Market by Country
Chapter 6. North America Testing, Inspection and Certification (TIC) Market by Sourcing Type
6.1 North America In-house Market by Country
6.2 North America Outsourced Market by Country
Chapter 7. North America Testing, Inspection and Certification (TIC) Market by Service Type
7.1 North America Testing Market by Country
7.2 North America Inspection Market by Country
7.3 North America Certification Market by Country
Chapter 8. North America Testing, Inspection and Certification (TIC) Market by Country
8.1 US Testing, Inspection and Certification (TIC) Market
8.1.1 US Testing, Inspection and Certification (TIC) Market by Application
8.1.2 US Testing, Inspection and Certification (TIC) Market by Sourcing Type
8.1.3 US Testing, Inspection and Certification (TIC) Market by Service Type
8.2 Canada Testing, Inspection and Certification (TIC) Market
8.2.1 Canada Testing, Inspection and Certification (TIC) Market by Application
8.2.2 Canada Testing, Inspection and Certification (TIC) Market by Sourcing Type
8.2.3 Canada Testing, Inspection and Certification (TIC) Market by Service Type
8.3 Mexico Testing, Inspection and Certification (TIC) Market
8.3.1 Mexico Testing, Inspection and Certification (TIC) Market by Application
8.3.2 Mexico Testing, Inspection and Certification (TIC) Market by Sourcing Type
8.3.3 Mexico Testing, Inspection and Certification (TIC) Market by Service Type
8.4 Rest of North America Testing, Inspection and Certification (TIC) Market
8.4.1 Rest of North America Testing, Inspection and Certification (TIC) Market by Application
8.4.2 Rest of North America Testing, Inspection and Certification (TIC) Market by Sourcing Type
8.4.3 Rest of North America Testing, Inspection and Certification (TIC) Market by Service Type
Chapter 9. Company Profiles
9.1 SGS S.A.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.4.2 Geographical Expansions:
9.1.5 SWOT Analysis
9.2 DNV AS
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Product Launches and Product Expansions:
9.2.4.2 Acquisition and Mergers:
9.2.5 SWOT Analysis
9.3 Eurofins Scientific SE
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Recent strategies and developments:
9.3.4.1 Product Launches and Product Expansions:
9.3.4.2 Acquisition and Mergers:
9.3.5 SWOT Analysis
9.4 Bureau Veritas S.A.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.6 SWOT Analysis
9.5 Intertek Group PLC
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Recent strategies and developments:
9.5.4.1 Partnerships, Collaborations, and Agreements:
9.5.5 SWOT Analysis
9.6 Applus+ Group
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Divisional and Regional Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Partnerships, Collaborations, and Agreements:
9.6.5 SWOT Analysis
9.7 DEKRA SE
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Recent strategies and developments:
9.7.4.1 Partnerships, Collaborations, and Agreements:
9.7.5 SWOT Analysis
9.8 TÜV Nord Group
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 SWOT Analysis
9.9 TÜV Rheinland AG
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Geographical Expansions:
9.9.3 SWOT Analysis
9.10. TUV SUD
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
9.10.3 SWOT Analysis
TABLE 1 North America Testing, Inspection and Certification (TIC) Market, 2019 - 2022, USD Million
TABLE 2 North America Testing, Inspection and Certification (TIC) Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Testing, Inspection and Certification (TIC) Market
TABLE 4 Product Launches And Product Expansions– Testing, Inspection and Certification (TIC) Market
TABLE 5 Acquisition and Mergers– Testing, Inspection and Certification (TIC) Market
TABLE 6 Geographical Expansions– Testing, Inspection and Certification (TIC) Market
TABLE 7 North America Testing, Inspection and Certification (TIC) Market by Application, 2019 - 2022, USD Million
TABLE 8 North America Testing, Inspection and Certification (TIC) Market by Application, 2023 - 2030, USD Million
TABLE 9 North America Consumer Goods & Retail Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Consumer Goods & Retail Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Agriculture & Food Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Agriculture & Food Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Chemicals Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Chemicals Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Infrastructure Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Infrastructure Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Medical & Lifesciences Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Medical & Lifesciences Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Mining, Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Mining, Oil & Gas Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Automotive Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Automotive Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Public Sector Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Public Sector Market by Country, 2023 - 2030, USD Million
TABLE 27 North America IT, Telecom & Others Market by Country, 2019 - 2022, USD Million
TABLE 28 North America IT, Telecom & Others Market by Country, 2023 - 2030, USD Million
TABLE 29 North America Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2019 - 2022, USD Million
TABLE 30 North America Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2023 - 2030, USD Million
TABLE 31 North America In-house Market by Country, 2019 - 2022, USD Million
TABLE 32 North America In-house Market by Country, 2023 - 2030, USD Million
TABLE 33 North America Outsourced Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Outsourced Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Testing, Inspection and Certification (TIC) Market by Service Type, 2019 - 2022, USD Million
TABLE 36 North America Testing, Inspection and Certification (TIC) Market by Service Type, 2023 - 2030, USD Million
TABLE 37 North America Testing Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Testing Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Inspection Market by Country, 2019 - 2022, USD Million
TABLE 40 North America Inspection Market by Country, 2023 - 2030, USD Million
TABLE 41 North America Certification Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Certification Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Testing, Inspection and Certification (TIC) Market by Country, 2019 - 2022, USD Million
TABLE 44 North America Testing, Inspection and Certification (TIC) Market by Country, 2023 - 2030, USD Million
TABLE 45 US Testing, Inspection and Certification (TIC) Market, 2019 - 2022, USD Million
TABLE 46 US Testing, Inspection and Certification (TIC) Market, 2023 - 2030, USD Million
TABLE 47 US Testing, Inspection and Certification (TIC) Market by Application, 2019 - 2022, USD Million
TABLE 48 US Testing, Inspection and Certification (TIC) Market by Application, 2023 - 2030, USD Million
TABLE 49 US Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2019 - 2022, USD Million
TABLE 50 US Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2023 - 2030, USD Million
TABLE 51 US Testing, Inspection and Certification (TIC) Market by Service Type, 2019 - 2022, USD Million
TABLE 52 US Testing, Inspection and Certification (TIC) Market by Service Type, 2023 - 2030, USD Million
TABLE 53 Canada Testing, Inspection and Certification (TIC) Market, 2019 - 2022, USD Million
TABLE 54 Canada Testing, Inspection and Certification (TIC) Market, 2023 - 2030, USD Million
TABLE 55 Canada Testing, Inspection and Certification (TIC) Market by Application, 2019 - 2022, USD Million
TABLE 56 Canada Testing, Inspection and Certification (TIC) Market by Application, 2023 - 2030, USD Million
TABLE 57 Canada Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2019 - 2022, USD Million
TABLE 58 Canada Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2023 - 2030, USD Million
TABLE 59 Canada Testing, Inspection and Certification (TIC) Market by Service Type, 2019 - 2022, USD Million
TABLE 60 Canada Testing, Inspection and Certification (TIC) Market by Service Type, 2023 - 2030, USD Million
TABLE 61 Mexico Testing, Inspection and Certification (TIC) Market, 2019 - 2022, USD Million
TABLE 62 Mexico Testing, Inspection and Certification (TIC) Market, 2023 - 2030, USD Million
TABLE 63 Mexico Testing, Inspection and Certification (TIC) Market by Application, 2019 - 2022, USD Million
TABLE 64 Mexico Testing, Inspection and Certification (TIC) Market by Application, 2023 - 2030, USD Million
TABLE 65 Mexico Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2019 - 2022, USD Million
TABLE 66 Mexico Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2023 - 2030, USD Million
TABLE 67 Mexico Testing, Inspection and Certification (TIC) Market by Service Type, 2019 - 2022, USD Million
TABLE 68 Mexico Testing, Inspection and Certification (TIC) Market by Service Type, 2023 - 2030, USD Million
TABLE 69 Rest of North America Testing, Inspection and Certification (TIC) Market, 2019 - 2022, USD Million
TABLE 70 Rest of North America Testing, Inspection and Certification (TIC) Market, 2023 - 2030, USD Million
TABLE 71 Rest of North America Testing, Inspection and Certification (TIC) Market by Application, 2019 - 2022, USD Million
TABLE 72 Rest of North America Testing, Inspection and Certification (TIC) Market by Application, 2023 - 2030, USD Million
TABLE 73 Rest of North America Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2019 - 2022, USD Million
TABLE 74 Rest of North America Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2023 - 2030, USD Million
TABLE 75 Rest of North America Testing, Inspection and Certification (TIC) Market by Service Type, 2019 - 2022, USD Million
TABLE 76 Rest of North America Testing, Inspection and Certification (TIC) Market by Service Type, 2023 - 2030, USD Million
TABLE 77 Key Information – SGS S.A.
TABLE 78 Key Information – DNV AS
TABLE 79 Key Information – Eurofins Scientific SE
TABLE 80 Key Information – Bureau Veritas S.A.
TABLE 81 Key Information – Intertek Group PLC
TABLE 82 Key Information – Applus+ Group
TABLE 83 Key Information – DEKRA SE
TABLE 84 Key Information – TÜV NORD GROUP
TABLE 85 Key Information – TÜV Rheinland AG
TABLE 86 Key Information – Tuv sud
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Testing, Inspection and Certification (TIC) Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Testing, Inspection and Certification (TIC) Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2019, Jan – 2023, May) Leading Players
FIG 7 Porter’s Five Forces Analysis – Testing, Inspection and Certification (TIC) Market
FIG 8 North America Testing, Inspection and Certification (TIC) Market share by Application, 2022
FIG 9 North America Testing, Inspection and Certification (TIC) Market share by Application, 2030
FIG 10 North America Testing, Inspection and Certification (TIC) Market by Application, 2019 - 2030, USD Million
FIG 11 North America Testing, Inspection and Certification (TIC) Market share by Sourcing Type, 2022
FIG 12 North America Testing, Inspection and Certification (TIC) Market share by Sourcing Type, 2030
FIG 13 North America Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2019 - 2030, USD Million
FIG 14 North America Testing, Inspection and Certification (TIC) Market share by Service Type, 2022
FIG 15 North America Testing, Inspection and Certification (TIC) Market share by Service Type, 2030
FIG 16 North America Testing, Inspection and Certification (TIC) Market by Service Type, 2019 - 2030, USD Million
FIG 17 North America Testing, Inspection and Certification (TIC) Market share by Country, 2022
FIG 18 North America Testing, Inspection and Certification (TIC) Market share by Country, 2030
FIG 19 North America Testing, Inspection and Certification (TIC) Market by Country, 2019 - 2030, USD Million
FIG 20 Recent strategies and developments: SGS S.A.
FIG 21 Swot Analysis: SGS S.A.
FIG 22 Recent strategies and developments: DNV AS
FIG 23 Swot Analysis: DNV AS
FIG 24 Recent strategies and developments: Eurofins Scientific SE
FIG 25 Swot Analysis: Eurofins Scientific SE
FIG 26 Swot Analysis: Bureau Veritas S.A.
FIG 27 Swot Analysis: Intertek Group PLC
FIG 28 Swot Analysis: Applus+ Group
FIG 29 Swot Analysis: DEKRA SE
FIG 30 Swot Analysis: TÜV Nord Group
FIG 31 Swot Analysis: TÜV Rheinland AG
FIG 32 Swot Analysis: TUV SUD