HOME Top Market Reports Testing, Inspection and Certification (TIC) 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

Testing, Inspection and Certification (TIC) 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 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 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 market on the basis of application and geography along with, forecasting the revenue and analyzing the trends in the testing, inspection and certification 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.

Table of  Contents

1 Introduction (Page No. - 12)
    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. - 15)
    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. - 26)

4 Premium Insights (Page No. - 31)
    4.1 Attractive Opportunities in the TIC Market
    4.2 APAC is A Lucrative Market
    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. - 36)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Testing, Inspection and Certification Market, By Application
           5.2.2 Testing, Inspection and Certification Market, 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 in 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. - 45)
    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. - 52)
    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 Geographic 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. - 97)
    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. - 112)
     10.1 Introduction
     10.2 ALS Limited
             10.2.1 Business Overview
             10.2.2 Services of fered
             10.2.3 Key Strategy
             10.2.4 Recent Developments
     10.3 ASTM International
             10.3.1 Business Overview
             10.3.2 Products of fered
             10.3.3 Key Strategy
             10.3.4 Recent Developments
     10.4 BSI Group
             10.4.1 Business Overview
             10.4.2 Products of fered
             10.4.3 Key Strategy
             10.4.4 Recent Developments
     10.5 Bureau Veritas SA
             10.5.1 Business Overview
             10.5.2 Products of fered
             10.5.3 Recent Developments
             10.5.4 MNM View
     10.6 Dayton T. Brown Inc.
             10.6.1 Business Overview
             10.6.2 Products of fered
             10.6.3 Key Strategy
             10.6.4 Recent Developments
     10.7 Dekra Certification Gmbh
             10.7.1 Business Overview
             10.7.2 Products & Services
             10.7.3 Recent Developments
             10.7.4 MNM View
                         10.7.4.1 Dekra Certification Gmbh: SWOT Analysis
     10.8 Eurofins Scientific
             10.8.1 Business Overview
             10.8.2 Products & Services
             10.8.3 Key Strategy
             10.8.4 Recent Development
     10.9 Exova Group PLC
             10.9.1 Business Overview
             10.9.2 Products & Services
             10.9.3 Key Strategy
             10.9.4 Recent Developments
     10.1 Intertek Group PLC
             10.10.1 Business Overview
                         10.10.1.1 Intertek Group PLC : Business Overview
             10.10.2 Products & Services
             10.10.3 Recent Developments
             10.10.4 MNM View
                         10.10.4.1 Intertek Group PLC : SWOT Analysis
     10.11 Mistras Group, Inc.
             10.11.1 Business Overview
                         10.11.1.1 Mistras Group, Inc : Business Overview
             10.11.2 Products & Services
             10.11.3 Key Strategy
             10.11.4 Recent Developments
     10.12 SAI Global
             10.12.1 Business Overview
             10.12.2 Products & Services
             10.12.3 Key Strategy
             10.12.4 Recent Development
     10.13 SGS Group
             10.13.1 Business Overview
             10.13.2 Products & Services
             10.13.3 Recent Developments
             10.13.4 MNM View
     10.14 TUV Nord Group
             10.14.1 Business Overview
             10.14.2 Products & Services
             10.14.3 Key Strategy
             10.14.4 Recent Developments
     10.15 TUV Rheinland Group
             10.15.1 Business Overview
             10.15.2 Products & Services
             10.15.3 Key Strategy
             10.15.4 Recent Developments
     10.16 TUV SUD Group
             10.16.1 Business Overview
             10.16.2 Products & Services
             10.16.3 Recent Development
             10.16.4 MNM View
                         10.16.4.1 TUV SUD Group : SWOT Analysis
     10.17 UL LLC
             10.17.1 Business Overview
             10.17.2 Products & Services
             10.17.3 Key Strategy
             10.17.4 Recent Developments

11 Appendix (Page No. - 163)
     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 (69 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 Related To Products and Food is the Winning Imperative for the Testing, Inspection and Certification 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 ($Million)
Table 9 Market Size, By Aerospace Application, 2013 – 2020 ($Million)
Table 10 MarketSize, 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, ($Million)
Table 13 Market Size, By Automotive Application,  2013 – 2020, ($Million)
Table 14 Market Size, By Geography, 2013 – 2020 ($Million)
Table 15 Electronics: TIC Market Size, By Region, 2013 – 2020 ($Million)
Table 16 Automotive: TIC Market Size, By Region, 2013 – 2020 ($Million)
Table 17 North America: TIC Market Size, By Application, 2013 – 2020 ($Million)
Table 18 North America: TIC Market Size, By Aerospace Application, 2013 – 2020 ($Million)
Table 19 North America: TIC Market Size, By Life Sciences Application, 2013 – 2020 ($Million)
Table 20 North America: TIC Market Size, By Electronics and Automotive Application, 2013 – 2020, ($Million)
Table 21 Electronics: North America TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 22 Automotive: North America TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 23 U.S.: TIC Market Size, By Application, 2013 – 2020 ($Million)
Table 24 Canada: Testing, Inspection and Certification Market Size, By Application, 2013 – 2020 ($Million)
Table 25 Mexico: TIC Market Size, By Application, 2013 – 2020 ($Million)
Table 26 Europe: Testing, Inspection and Certification Market Size, By Application, 2013 – 2020 ($Million)
Table 27 Europe: TIC Market Size, By Aerospace Application, 2013 – 2020 ($Million)
Table 28 Europe: Testing, Inspection, and Certification Market Size, By Life Sciences Application, 2013 – 2020 ($Million)
Table 29 Europe: TIC Market Size, By Electronics and Automotive Application, 2013 – 2020, ($Million)
Table 30 Germany: TIC Market Size, By Application, 2013 - 2020 ($Million)
Table 31 France: Testing, Inspection and Certification MarketSize, By Application, 2013 - 2020 ($Million)
Table 32 U.K.: TIC Market Size, By Application, 2013 - 2020 ($Million)
Table 33 Italy: TIC Market Size, By Application, 2013 - 2020 ($Million)
Table 34 Rest of  Europe: TIC Market Size, By Application, 2013 - 2020 ($Million)
Table 35 APAC: Testing, Inspection and Certification MarketSize, By Application, 2013 – 2020 ($Million)
Table 36 APAC: TIC Market Size, By Aerospace Application, 2013 – 2020 ($Million)
Table 37 APAC: Market Size, By Life Sciences Application, 2013 – 2020, ($Million)
Table 38 APAC: TIC Market Size, By Electronics and Automotive Application, 2013 – 2020 ($Million)
Table 39 China: Testing, Inspection and Certification Market Size, By Application, 2013 – 2020 ($Million)
Table 40 Japan: TIC Market Size, By Application, 2013 – 2020 ($Million)
Table 41 Australia: TIC Market Size, By Application, 2013 – 2020 ($Million)
Table 42 Rest of  APAC: TIC Market Size, By Application, 2013 – 2020 ($Million)
Table 43 ROW: TIC Market Size (2013 - 2020), By Application, 2013 - 2020 ($Million)
Table 44 ROW: TIC Market Size (2013 - 2020), By Aerospace Application, 2013 - 2020 ($Million)
Table 45 ROW: Testing, Inspection and Certification Market Size (2013 - 2020), By Life Sciences Application, 2013 - 2020 ($Million)
Table 46 ROW: Testing, Inspection and Certification Market Size, By Application, 2013 – 2020 ($Million)
Table 47 Middle East: TIC Market Size, By Application, 2013 – 2020 ($Million)
Table 48 South America: TIC Market Size, By Application, 2013 – 2020 ($Million)
Table 49 Africa: TIC Market Size, By Application, 2013 – 2020 ($Million)
Table 50 Others: TIC Market Size, By Application, 2013 – 2020 ($Million)
Table 51 North America: TIC Market, 2013 – 2020 ($Million) (Y–O–Y %)
Table 52 North America: Market Size, By Country, 2013 – 2020 ($Million)
Table 53 North America: Aerospace TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 54 North America: Life Sciences TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 55 European TIC Market, 2013 – 2020 ($Million) (Y–O–Y %)
Table 56 Europe: Testing, Inspection and Certification Market Size, By Country, 2013 – 2020 ($Million)
Table 57 Europe: Aerospace TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 58 Europe: Life Sciences TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 59 APAC TIC Market, 2013 – 2020 ($Million) (Y–O–Y %)
Table 60 APAC: TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 61 APAC: Aerospace TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 62 APAC: Life Sciences TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 63 ROW: TIC Market, 2013 – 2020 ($Million) (Y–O–Y %)
Table 64 ROW: Testing, Inspection and Certification Market Size, By Country, 2013 – 2020 ($Million)
Table 65 ROW: Aerospace TIC Market Size, By Country, 2013 – 2020 ($Million)
Table 66 Market Ranking Analysis, 2013
Table 67 New Product Launches, 2011 – 2014
Table 68 Mergers and Acquisitions, 2012 – 2015
Table 69 Agreements, Partnerships, and Collaborations, 2011-2014
 
List of  Figures (50 Figures)
 
Figure 1 Testing, Inspection and Certification Market: Research Methodology
Figure 2 Medical Electronics Market Size, By Geography, 2013 – 2020 ($Billion)
Figure 3 New Aircraft (Passenger & Freighter) Demand, 2014 – 2033
Figure 4 Number of  ISO 13485 Certifications Done for Medical Devices (2008-2013)
Figure 5 Bottom-Up Approach
Figure 6 Top-Down Approach
Figure 7 Market Breakdown and Data Triangulation
Figure 8 Assumptions of  the Research Study
Figure 9 TIC Market Size, By Application, Snapshot (2013 vs. 2020) ($Million)
Figure 10 Testing, Inspection and Certification Market, By Aerospace Application, 2013
Figure 11 TIC Market Size, By Life Sciences Application, 2013 - 2020 ($Million)
Figure 12 Global Testing, Inspection and Certification Market Share, By Geography, 2013
Figure 13 Global Testing, Inspection, and Certification (TIC) Market Value, 2014 - 2020 ($Billion)
Figure 14 Geographic Snapshot: TIC Market, By Application
Figure 15 Emerging Markets Such as China and Japan Are Some of  the Key Growth Regions
Figure 16 Avionics is the Biggest Market Segment in Terms of  Market Size in the Aerospace Application
Figure 17 TIC Market: Life Cycle Analysis, By Geography
Figure 18 Testing, Inspection and Certification Market: By Application
Figure 19 Testing, Inspection and Certification Market: By Geography
Figure 20 Evolution of  Testing, Inspection, and Certification
Figure 21 New Regulations and Standards Are Expected To Drive the Testing Inspection, and Certification Market
Figure 22 The Prominent Companies in the Testing, Inspection and Certification Market Are the Services Providers
Figure 23 Adoption of  Stringent Regulations and Quality Standards is the Leading Trend Among the Key Market Players
Figure 24 Porter’s Five Forces Analysis for the TIC Market
Figure 25 Bargaining Power of  Suppliers in the TIC Market
Figure 26 Bargaining Power of  Buyers in the TIC Market
Figure 27 Threat of  New Entrants in the TIC Market
Figure 28 Degree of  Competition in the TIC Market
Figure 29 Testing, Inspection, and Certification (TIC) Market, By  Aerospace
Figure 30 Testing, Inspection, and Certification (TIC) Market, By  Life Science Application Sector
Figure 31 Geographical Snapshot: APAC is Emerging as A Key Growth Region for the TIC Market
Figure 32 North American Market Snapshot
Figure 33 European Market Snapshot
Figure 34 APAC Market Snapshot
Figure 35 ROW Market Snapshot
Figure 36 Companies Adopted Merges and Acquisitions as the Key Growth Strategy Over the Last Three Years
Figure 37 ALS Limited : Business Overview
Figure 38 ASTM International : Business Overview
Figure 39 BSI Group : Business Overview
Figure 40 Bureau Veritas SA : Business Overview
Figure 41 Bureau Veritas SA : SWOT Analysis
Figure 42 Dekra Certification Gmbh: Business Overview
Figure 43 Eurofins Scientific: Business Overview
Figure 44 Exova Group PLC: Business Overview
Figure 45 SAI Global : Business Overview
Figure 46 SGS Group : Business Overview
Figure 47 SGS Group : SWOT Analysis
Figure 48 TUV Nord Group : Business Overview
Figure 49 TUV Rheinland Group : Business Overview
Figure 50 TUV SUD Group : Business Overview

The testing, inspection and certification 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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