TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET ANALYSIS

Regional Analysis

Global Testing, Inspection, and Certification (TIC) Market - Regional Insights

North America is projected to hold the second-largest share of the overall global TIC market by 2030

The global testing, inspection, and certification (TIC) market is classified into North America, Europe, Asia Pacific, and the rest of the world. North America is expected to have the largest market share in testing, inspection, and certification. The market in North America has been further segmented into the US, Canada, and Mexico. The US is the leading consumer goods and retail product user, thereby driving the demand for testing, inspection, and certification services in the region. Also, it is the base of the world’s leading companies across various verticals.

The large share of this regional market is mainly attributed to the presence of prominent TIC players and the emergence of various startups in the region, the growing demand for organic and processed foods, and the growing focus of organizations on meeting legal requirements and compliance regulations, early adoption of the latest technologies and government investment in technological advances. On the other hand, the Asia-Pacific region is projected to rise rapidly During the projection period, factors such as increasing demand for consumer electronics, increased consumer quality awareness, and an increasing number of TIC startups supported by government investment are expected to fuel the growth of the APAC market.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., France, Italy, Poland, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East & Africa: GCC Countries, South Africa, and Rest of Middle East & Africa