HOME Top Market Reports Aerospace & Life Science Testing Certification Market by Application; Aerospace (Airframe, Avionics, Rotor System, PSU, Lighting), Life Sciences (Healthcare, Agriculture, Pharma, Medical, Personal Care, Environmental), and Geography - Global Forecast to 2020

Aerospace & Life Science Testing Certification Market by Application; Aerospace (Airframe, Avionics, Rotor System, PSU, Lighting), Life Sciences (Healthcare, Agriculture, Pharma, Medical, Personal Care, Environmental), and Geography - Global Forecast to 2020

By: marketsandmarkets.com
Publishing Date: February 2015
Report Code: SE 3176

 

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The Testing, Inspection, and Certification (TIC) industry serves a wide range of applications which include life sciences, aerospace, agriculture, automotive, oil and gas, food, industrial, petrochemical, maritime, commodities, chemicals and pharmaceuticals, electronics, textiles, and many more. This report provides a detailed analysis on life sciences and aerospace market segments. The purpose of these services is to ensure quality and safety of the products so as to reassure the end-users that a manufacturer has indeed followed international standards and regulations, which ensure environmental protection, public health and safety.

The major drivers for the Testing, Inspection and Certification (TIC) Market include the stringent regulatory initiatives, outsourcing of testing and certification services, awareness among the end-users, and more. One of the major restraints in the market is the lack of internationally accepted standards and local government mandates. The report also discusses the Aerospace and Life Sciences markets along with a detailed geographical analysis. It provides an exhaustive analysis of the current market scenario and the estimation till 2020. The market is registering growth in emerging economies and is expected to grow further due to the regulatory initiatives from the governments and the industry consolidation enabled by the acquisition strategy adopted by the major players in this industry.

This report describes the value chain for the testing, inspection and certification (TIC) market by considering all the major stakeholders in the market and their role analysis. The report also provides a detailed study based on the Porters’ Five Forces framework for the market; all the five major factors in these markets have been quantified using the internal key parameters governing each of them. The report also includes the company profiles of the leading players in this industry along with their recent developments and other strategic business activities. The competitive landscape section of the report entails the key growth strategies and detailed market share analyses of the key industry players.

Some of the key players in this market include ALS Global (Australia), ASTM International (U.S.), BSI Group (U.K.), Bureau Veritas (France), Dayton T. Brown Inc. (U.S.), Dekra Certification GmbH (Germany), Eurofins Scientific (Luxembourg), Exova (U.K.), Intertek Group PLC (U.K.), MISTRAS Group, Inc. (U.S.), SAI Global (Australia), SGS Group (Switzerland), TάV NORD Group (Germany), TάV Rheinland Group (Germany), TάV SUD Group (Germany), UL LLC (U.S.), and more.

Scope of the report:

This report categorizes the global testing, inspection and certification (TIC) market on the basis of application and geography along with, forecasting the revenue and analyzing the trends in the testing, inspection and certification (TIC) market.

On the basis of application:

In this section, the market is segmented based on the applications for which the testing, inspection, and certification services are used. These include aerospace and life sciences; aerospace is further divided into airframes, avionics, rotor systems, Passenger Service Units (PSUs), interior and exterior lighting systems, and others. Life sciences segment is further divided into healthcare, agriculture and food, pharmaceutical, medical devices, personal care, environmental, and others.

On the basis of geography:

In this section, the market is segmented based on different regions, namely North America, Europe, APAC, and RoW.

Please click here to get the relevant report of Testing, Inspection and Certification (TIC) Market by Application; Petroleum, Environmental Compliance, Consumer Products, Agriculture, & Mining, and Geography - Forecast to 2020

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitation
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Introduction
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Factor Analysis
           2.2.1 Introduction
           2.2.2 Demand-Side Analysis
                    2.2.2.1 Increasing Demand for Medical Electronics
                    2.2.2.2 Increasing Population & Growing Lifestyle Diseases
                    2.2.2.3 Urbanization & Growing Aviation Industry
           2.2.3 Supply-Side Analysis
                    2.2.3.1 Increasing Number of Iso Certifications for Medical Devices
                    2.2.3.2 Consolidation of TIC Industry
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Market Breakdown and Data Triangulation
    2.5 Research Assumptions
           2.5.1 Assumptions

3 Executive Summary  (Page No. - 29)

4 Premium Insights (Page No. - 33)
    4.1 Attractive Opportunities on the TIC Market
    4.2 APAC is a Lucrative Market on the Forecasted Period
    4.3 Emerging Markets are the Key Growth Regions
    4.4 TIC Market, By Aerospace Application: the Avionics Application is Growing at the Highest Rate
    4.5 Life Cycle Analysis for the TIC Market, By Geography

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 By Application
           5.2.2 By Geography
    5.3 Market Evolution
    5.4 Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 New Regulations and Standards
                    5.4.1.2 Outsourcing of Testing, Inspection and Certification Services
                    5.4.1.3 Concern About Product Safety and Quality
                    5.4.1.4 Globalization
           5.4.2 Restraints
                    5.4.2.1 Varying Rules and Regulations Across the Regions
           5.4.3 Opportunities
                    5.4.3.1 Emerging Markets
                    5.4.3.2 Small and Medium Size Companies on the TIC Market
           5.4.4 Challenges
                    5.4.4.1 The Long Lead-Time for Overseas Qualification Tests
           5.4.5 Winning Imperatives
                    5.4.5.1 More Awareness Among the General Public Regarding Health and Safety Issues Related To Products and Food

6 Industry Trends (Page No. - 46)
    6.1 Introduction
    6.2 Supply Chain Analysis
    6.3 Industry Trends
    6.4 Porter’s Five Forces Analysis
           6.4.1 Bargaining Power of Suppliers
           6.4.2 Bargaining Power of Buyers
           6.4.3 Threat of New Entrants
           6.4.4 Threat of Substitutes
           6.4.5 Degree of Competition

7 Testing, Inspection, and Certification (TIC) Market, By Application (Page No. - 54)
    7.1 Introduction
    7.2 Aerospace
           7.2.1 Airframes
           7.2.2 Avionics
           7.2.3 Rotor Systems
           7.2.4 Passenger Service Units (PSUS)
           7.2.5 Interior & Exterior Lighting Systems
           7.2.6 Others
    7.3 Life Sciences
           7.3.1 Healthcare
           7.3.2 Agriculture and Food
           7.3.3 Pharmaceutical
           7.3.4 Medical Devices
           7.3.5 Personal Care
           7.3.6 Environmental
           7.3.7 Others

8 Regional Analysis (Page No. - 79)
    8.1 Introduction
    8.2 North America
           8.2.1 U.S.
           8.2.2 Canada
           8.2.3 Mexico
    8.3 Europe
           8.3.1 Germany
           8.3.2 France
           8.3.3 U.K.
           8.3.4 Italy
           8.3.5 Others
    8.4 APAC
           8.4.1 China
           8.4.2 Japan
           8.4.3 Australia
           8.4.4 Others
    8.5 ROW
           8.5.1 Middle East
           8.5.2 South America
           8.5.3 Africa
           8.5.4 Others

9 Competitive Landscape (Page No. - 96)
    9.1 Overview
    9.2 Market Ranking Analysis for the TIC Market
    9.3 Competitive Situation and Trends
           9.3.1 New Product Launches
           9.3.2 Mergers & Acquisitions
           9.3.3 Agreements, Partnerships, and Collaborations, 2011-2014
           9.3.4 Expansion

10 Company Profiles (Page No. - 105)
     10.1 Introduction
     10.2 ALS Limited
     10.3 ASTM International
     10.4 BSI Group
     10.5 Bureau Veritas Sa
     10.6 Dayton T. Brown Inc.
     10.7 DEKRA Certification Gmbh
     10.8 Eurofins Scientific
     10.9 Exova Group Plc
     10.1 Intertek Group PLC
     10.11 Mistras Group, INC.
     10.12 SAI Global
     10.13 SGS Group
     10.14 TUV Nord Group
     10.15 TUV Rheinland Group
     10.16 TUV SUD Group
     10.17 UL LLC

11 Appendix (Page No. - 157)
     11.1 Insights of Industry Experts
     11.2 Discussion Guide
     11.3 Introducing Rt: Real-Time Market Intelligence
     11.4 Available Customizations
     11.5 Related Reports

List of Tables (75 Tables)

Table 1 New Regulation and Standardsconstitute the Major Driving Factor for the Testing, Inspection, and Certification Market
Table 2 Varying Rules and Regulations Across the Region is the Major Restraining Factor for the Testing, Inspection and Certification Market
Table 3 Emerging Markets is Good Opportunity for the Testing, Inspection and Certification Market
Table 4 The Long Lead-Time for Overseas Qualification Tests is a Major Challenge for Testing, Inspection, and Certification Market
Table 5 More Attention By the General Public Towards the Health and Safety Issues is the Winning Imperative for TIC Market
Table 6 Overall TIC Market Size, By Application, 2013–2020 ($ Billion)
Table 7 Global TIC Market, By Aerospace and Life Sciences Application ($Million) (Y–O–Y %)
Table 8 Testing, Inspection and Certification Market Size, By Aerospace and Life Sciences Application, 2013–2020 ($Million) 
Table 9 Testing, Inspection and Certification Market Size, By Aerospace Application, 2013–2020 ($Million)
Table 10 Testing, Inspection and Certification Market Size, By Life Sciences Application, 2013 – 2020 ($Million)
Table 11 Testing, Inspection and Certification Market Size, By Electronics and Automotive Application, 2013–2020 ($Million)
Table 12 Testing, Inspection and Certification Market Size, By Electronics Application, 2013–2020 ($Million)
Table 13 Electronics: TIC Market Size, By Semiconductor Application, 2013–2020 ($Million)
Table 14 Electronics: TIC Market Size, By Advanced Materials Application, 2013–2020 ($Million)
Table 15 TIC Market Size, By Automotive Application, 2013–2020, ($Million)
Table 16 TIC Market Size, By Geography, 2013 – 2020 ($Million)
Table 17 Electronics: Testing, Inspection and Certification Market Size, By Region, 2013–2020 ($Million)
Table 18 Automotive: Testing, Inspection and Certification Market Size, By Region, 2013–2020 ($Million)
Table 19 North America Testing, Inspection and Certification Market Size, By Application, 2013 – 2020 ($Million)
Table 20 North America: TIC Market Size, By Aerospace Application, 2013 – 2020 ($Million)
Table 21 North America: TIC Market Size, By Life Sciences Application, 2013 – 2020 ($Million)
Table 22 North America: TIC Market Size, By Electronics and Automotive Application, 2013–2020 ($Million)
Table 23 Electronics: North American TIC Market Size, By Country, 2013–2020 ($Million)
Table 24 Automotive: North American TIC Market Size, By Country, 2013–2020 ($Million)
Table 25 U.S.: TIC Market Size, By Application, 2013 – 2020 ($Million)
Table 26 Canada: TIC Market Size, By Application, 2013 – 2020 ($Million)
Table 27 Mexico: TIC Market Size, By Application, 2013 – 2020 ($Million)
Table 28 Europe: TIC Market Size, By Application, 2013 – 2020 ($Million)
Table 29 Europe: TIC Market Size, By Aerospace Application, 2013 – 2020 ($Million)
Table 30 Europe: TIC Market Size, By Life Sciences Application, 2013 – 2020 ($Million)
Table 31 Europe: TIC Market Size, By Electronics and Automotive Application, 2013–2020, ($Million)
Table 32 Germany: TIC Market Size, By Application, 2013-2020 ($Million)
Table 33 France: TIC Market Size, By Application, 2013-2020 ($Million)
Table 34 U.K.: TIC Market Size, By Application, 2013-2020 ($Million)
Table 35 Italy: TIC Market Size, By Application, 2013-2020 ($Million)
Table 36 Rest of Europe: TIC Market Size, By Application, 2013-2020 ($Million)
Table 37 APAC: TIC Market Size, By Application, 2013 – 2020 ($Million)
Table 38 APAC: TIC Market Size, By Aerospace Application, 2013 – 2020 ($Million)
Table 39 APAC: TIC Market Size, By Life Sciences Application, 2013 – 2020, ($Million) 
Table 40 APAC: TIC Market Size, By Electronics and Automotive Application, 2013–2020 ($Million) 74
Table 41 China: Testing, Inspection and Certification Market Size, By Application, 2013 – 2020 ($Million)
Table 42 Japan: Testing, Inspection and Certification Size, By Application, 2013 – 2020 ($Million)
Table 43 Australia: Testing, Inspection and Certification  Market Size, By Application, 2013 – 2020 ($Million)
Table 44 Rest of APAC: TIC Market Size, By Application, 2013 – 2020 ($Million)
Table 45 ROW: TIC Market Size (2013-2020), By Application, 2013-2020 ($Million)
Table 46 ROW: TIC Market Size (2013-2020), By Aerospace Application, 2013-2020 ($Million)
Table 47 ROW: TIC Market Size (2013-2020), By Life Sciences Application, 2013-2020 ($Million)
Table 48 ROW: TIC Market Size, By Application, 2013–2020 ($Million)
Table 49 Middle East: TIC Market Size, By Application, 2013 – 2020 ($Million)
Table 50 South America: TIC Market Size, By Application, 2013 – 2020 ($Million)
Table 51 Africa: TIC Market Size, By Application, 2013 – 2020 ($Million)
Table 52 Others: TIC Market Size, By Application, 2013 – 2020 ($Million)
Table 53 North America Testing, Inspection and Certification (TIC) Market, 2013–2020 ($Million) (Y–O–Y %)
Table 54 North America: TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 55 North America: Aerospace TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 56 North America: Life Sciences TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 57 North America: Electronics Market Size, By Country, 2013 – 2020 ($Million)
Table 58 North America: Automotive Market Size, By Country, 2013 – 2020 ($Million)
Table 59 European Testing, Inspection and Certification Market, 2013–2020 ($Million) (Y–O–Y %)
Table 60 Europe Testing, Inspection and Certification Market Size, By Country, 2013 – 2020 ($Million)
Table 61 Europe: Aerospace TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 62 Europe: Life Sciences TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 63 Europe: Electronics TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 64 Europe: Automotive TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 65 APAC Testing, Inspection and Certification Market, 2013–2020 ($Million) (Y–O–Y %)
Table 66 APAC: TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 67 APAC: Aerospace TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 68 APAC: Life Sciences TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 69 ROW Testing, Inspection and Certification Market, 2013–2020 ($Million) (Y–O–Y %)
Table 70 ROW: TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 71 ROW: Aerospace TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 72 Market Ranking Analysis, 2013
Table 73 New Product Launches, 2011 – 2014
Table 74 Mergers and Acquisitions, 2012 – 2015
Table 75 Agreements, Partnerships, and Collaborations, 2011-2014

List of Figures (59 Figures)

Figure 1 Global Testing, Inspection, and Certification Market, By Application Sector
Figure 2 Testing, Inspection, and Certification Market: Research Methodology
Figure 3 Medical Electronics Market Size, 2013 – 2020 ($Billion)
Figure 4 New Aircraft (Passenger & Freighter) Demand, 2014 – 2033
Figure 5 Number of Iso 13485 Certifications Done for Medical Devices (2008-2013)
Figure 6 Bottom-Up Approach
Figure 7 Top-Down Approach
Figure 8 Market Breakdown and Data Triangulation
Figure 9 Assumptions of the Research Study
Figure 10 Testing, Inspection and Certification Market Size, By Application, Snapshot (2013 Vs 2020) ($Million)
Figure 11 Testing, Inspection and Certification Market , By Aerospace Application, 2013
Figure 12 Testing, Inspection and Certification Market Size, By Life Sciences Application, 2013-2020 ($Million)
Figure 13 Global Testing, Inspection and Certification Market Share, By Geography, 2013
Figure 14 Global Testing, Inspection, and Certification (TIC) Market Value, 2014 - 2020 ($Billion)
Figure 15 Geographic Snapshot: TIC Market, By Application
Figure 16 Emerging Markets Such as China and Japan are Some of the Key Growth Regions During the Forecast Period
Figure 17 Avionics is the Biggest Market Segment on Terms of Market Size on the Aerospace Application, on 2013
Figure 18 Testing, Inspection and Certification Market : Life Cycle Analysis, By Geography, 2014
Figure 19 Testing, Inspection,and Certification Market: By Application
Figure 20 Testing, Inspection,and Certification Market: By Geography
Figure 21 Evolution of Testing, Inspection, and Certification
Figure 22 New Regulations and Standards are Expected To Drive the Testing, Inspection, and Certification Market
Figure 23 The Prominent Companies on the Testing, Inspection and Certification Market are the Services Providers
Figure 24 Adoption of Stringent Regulations and Quality Standards is the Leading Trend Among the Key Market Players
Figure 25 Porter’s Five Forces Analysis (2013): Testing, Inspection and Certification Market
Figure 26 Porter’s Five Forces Analysis for the TIC Market
Figure 27 Bargaining Power of Suppliers on the TIC Market 
Figure 28 Bargaining Power of Buyers on the TIC Market
Figure 29 Threat of New Entrants on the TIC Market
Figure 30 The Threat of Substitutes is “Low” on the TIC Market.
Figure 31 Degree of Competition on the TIC Market
Figure 32 Testing, Inspection, and Certification (Tic) Market, By Aerospace
Figure 33 Testing, Inspection, and Certification (Tic) Market, By Life Science Application Sector
Figure 34 Geographical Snapshot: APAC is Emerging as a Key Growth Region for the TIC Market,2014
Figure 35 North American Market Snapshot
Figure 36 European Market Snapshot
Figure 37 APAC Market Snapshot
Figure 38 ROW Market Snapshot
Figure 39 Companies Adopted Merges and Acquisitions as the Key Growth Strategy for 2011-2014
Figure 40 Geographic Revenue Mix of Major Market Players
Figure 41 ALS Limited: Company Snapshot
Figure 42 ASTM International: Company Snapshot
Figure 43 BSI Group: Company Snapshot
Figure 44 Bureau Veritas Sa : Company Snapshot
Figure 45 Bureau Veritas Sa : Swot Analysis
Figure 46 Dekra Certification Gmbh: Company Snapshot
Figure 47 Dekra Certification Gmbh: Swot Analysis
Figure 48 Eurofins Scientific: Company Snapshot
Figure 49 Exova Group PLC: Company Snapshot
Figure 50 Intertek Group Plc: Company Snapshot
Figure 51 Intertek Group Plc: Swot Analysis
Figure 52 Mistras Group, Inc: Company Snapshot
Figure 53 SAI Global: Company Snapshot
Figure 54 SGS Group: Company Snapshot
Figure 55 SGS Group: Swot Analysis
Figure 56 TUV Nord Group: Company Snapshot
Figure 57 TUV Rheinland Group: Company Snapshot
Figure 58 TUV SUD Group: Company Snapshot
Figure 59 TUV SUD Group: Swot Analysis

The testing, inspection and certification (TIC) market defines the services which help the manufacturers to meet the international standards and improve the product quality. These services give assurance to the end-users that manufactures have followed the local and global standards and regulations to meet the product quality. Testing and inspection services help scrutinize if the respective products meet the specified standards. Certification services certify that a product is following the specified standards. Standards are developed and published by the governments and private standardization institutions.

Testing, Inspection and Certification (TIC) Market is expected to reach $50.44 billion by 2020, growing at a CAGR of 5.80% between 2014 and 2020.

The TIC market is highly fragmented and the major players in the TIC market have adopted the acquisition strategy to expand their global reach and services portfolio. The life sciences market is witnessing substantial growth due to the changes in technology, product advancements, regulations, government policy, and connected devices, which is driving the life sciences TIC market as well. The aerospace market is likely to witness growth due to the development of efficient wide-body airplanes which require new regulations and standards for the TIC services related to the aerospace sector.

This report covers the vital driving and restraining factors for this market. New regulations and standards, outsourcing of testing, inspection and certification services, concern about product safety and quality, and globalization are acting as the driving factors for this industry. However, varying rules and regulations across different regions are acting as an obstacle to the growth of the testing, inspection and certification market.  This factor is.

The worldwide market for testing, inspection, and certification is segmented into the North America, Europe, APAC, and RoW. APAC is the leading region in this market in terms of the growth rate, due to factors such as the rapidly growing healthcare and pharmaceutical industry, higher growth in the aviation and medical devices market, and emerging markets. However, North America which is another vital market is expected to exhibit a significant growth in the coming years due to the increase in growth of the aerospace sector and the rapidly growing medical devices market.

This report profiles the major companies which contribute significantly to this market. These companies include ALS Limited (Australia), ASTM International (U.S.), British Standards Institution (BSI) Group (U.K.), Bureau Veritas SA (France), Dayton T. Brown Inc. (U.S.), Dekra Certification GmbH (Germany), Eurofins Scientific (Luxembourg), Exova Group plc (U.K.), Intertek Group PLC (U.K.), MISTRAS Group, Inc. (U.S.), SAI Global (Australia), SGS Group (Switzerland), TUV Nord Group (Germany), TUV Rheinland Group (Germany), TUV SUD Group (German y), and UL LLC (U.S.).

Testing, Inspection, and Certification (TIC) Market Value ($Million)

Testing Inspection and Certification (TIC) Market

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