The European Testing, Inspection, and Certification market was valued at $63.55 billion in 2019 and is expected to reach $84.88 billion by 2025 during the forecast period (2020-2025). As regular inspection and testing trends across industries such as oil and gas become mandatory, TIC services are expected to increase in demand regardless of the seasonality of the industry.
A full report of Europe TIC Market is available at: https://www.orionmarketreports.com/europe-testing-inspection-and-certification-tic-services-market-market/41680/
Market Segmentations
Europe TIC Market, By Sourcing Type
• In-house services
• Outsourced services
Europe TIC Market, By Service Type
• Testing
• Inspection
• Certification
• Others
Europe TIC Market, By Application
• Consumer Goods and Retail
• Agriculture and Food
• Chemicals
• Construction and Infrastructure
• Energy and Power
• Industrial manufacturing
• Medical and Life Sciences
• Mining
• Oil & Gas and Petroleum
• Public Sector
• Automotive
• Aerospace
• Marine
• Railways
• Supply Chain and Logistics
• IT and Telecommunications
• Sports & Entertainment
The major market players are
• Lloyds register group Ltd
• Tuv Sud Ag
• SGS Group
• Bureau Veritas SA
• Intertek Group PLC
• Dekra SE
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by IoT in Europe TIC Market Report
• What was the Europe TIC Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Europe TIC Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Europe TIC Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)