Global Testing, Inspection and Certification Market is estimated to reach $351 billion by 2024; growing at a CAGR of 5.5% from 2016 to 2024. Testing, inspection, and certification (TIC) services are majorly used in food & beverages sector to test the quality of food products to improve productivity and preserve consumers’ health. Various industries such as oil and gas, food and beverages, aerospace, textile and automotive are anticipated to pose a huge demand for TIC services in the near future.
Testing, inspection, and certification is a service industry wherein, people, flexibility, workflow, and IT systems play a major role due to which, this industry is not capital intensive
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The global textile testing, inspection and certification market (TIC) is expected to reach USD 7,221.01 Million by 2020, at an estimated CAGR of 4.6% between 2015 and 2020. The textile TIC market is expected to be driven by introduction of new regulations and standards in the textile sector, technological innovations in the textile sector, and increase in the worldwide trading of textiles. Additionally, the market for textile certification is expected to grow at the highest CAGR of 8.1% during the forecast period due to the increase in trading of textiles.
Global Testing, Inspection and Certification Market is estimated to reach $92.2 billion by 2024 from $57.6 billion in 2016 ; growing at a CAGR of 6.1% from 2016 to 2024
Testing, Inspection and Certification Market by Service (Testing, Inspection, Certification), Sourcing Type (In-House and Outsourced), Application (Consumer Goods and Retail, Construction and Infrastructure), and Geography
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The aerospace & life sciences Testing, Inspection, and Certification (TIC) market is expected to grow from USD 30.45 billion in 2017 to USD 41.60 billion by 2023, at a CAGR of 5.34% between 2017 and 2023
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the aerospace & life sciences Testing, Inspection, and Certification (TIC) market is expected to reach USD 44.9 billion by 2025, at a CAGR of 4.75% between 2019 and 2025 from USD 30.5 billion in 2017
This publication is about ISO 17025 Certification for Laboratory Accreditation. ISO/IEC 17025 accreditation provides the assurance that calibration and testing laboratories are delivering good services, and consistent data.
Testing Inspection and Certification (TIC) market players are focusing towards expanding their geographical presence in emerging markets. They are expanding their portfolio and geographical reach through acquisitions and expansion strategies. Emerging markets have been witnessing an increasing demand for TIC services.
Read here the latest updates on the Apparels, Footwear, and Leather Goods (AFL) Testing, Inspection, and Certification (TIC) Market Analysis published by CMI team
The Textile Testing, Inspection and Certification (TIC) Market is expected to reach $7,221.01 million by 2020, growing at a CAGR of 4.6% between 2015 and 2020. https://www.marketsandmarkets.com/Market-Reports/textile-testing-inspection-certification-market-113497801.html
Title: E-Marketing Author: NEC Computers International Last modified by: Jim Michael Widi Created Date: 10/7/2005 7:56:37 AM Document presentation format
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Growing international trade, coupled with increasing food safety regulations, has been fueling the demand for food certifications. Rising prevalence of foodborne illness is expected to drive the growth of the food certification market during the review period. https://tinyurl.com/y6p2hotz
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Request Sample of Report @ http://bit.ly/2DDde1G The TIC market is segmented based on service type, sourcing type, and application. By service type, the market is classified into testing services, inspection services, and others, which include training, consulting, auditing, project management, and asset integrity management services. Rising instances of product recall owing to the surge in use of sub-standard materials and faulty components are driving the growth of testing service segment.
The revenues from the overall agriculture equipments market increased from USD ~ million in 2010 to USD ~ million in 2015, accounting for a CAGR of ~% during the same period. The contribution by the tractor market to the overall market stood at ~% in 2015. Harvesters and Rice Transplanters contributed ~% and ~% respectively, to the overall revenues of the agriculture equipment market.
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The global testing, inspection and certification (TIC) market is extremely valued. Globalization and execution of standard rules and regulations in product safety and efficiency are driving its development.
Testing, Inspection and Certification (TIC) is a process performed to ensure that the manufactured products, component, component systems are adequate for the intended purpose
Global Testing, Inspection, Certification Market Size 2017 by Type (Testing, Inspection, Certification), by Source (In-house, Outsourced) by Application (Consumer Goods, Food & Agriculture, Oil & Gas, Construction, Chemicals, Mining, Machinery, Transportation, Automotive, Power Generation, Government Services, Marine, Healthcare, Others (Finance, Process, etc.), by Region and Forecast 2018 to 2025
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