Global Testing, Inspection, and Certification (TIC) Industry for Building and Construction Market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 5.8% in the forecast period of 2021 to 2028 and expected to reach USD 31,111.15 million by 2028.
This Testing, Inspection, and Certification (TIC) Industry for Building and Construction market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research Testing, Inspection, and Certification (TIC) Industry for Building and Construction market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Leading Key Players Operating in the Testing, Inspection, and Certification (TIC) Industry for Building and Construction Market Includes:
The major market players engaged in the global testing, inspection, and certification (TIC) market for building & construction are ALS Limited, UL LLC, BUREAU VERITAS, SGS SA, ANTYIPOUR2007 LLC, Element Materials Technology, Intertek Group plc, DEKRA e.V., BRE, Applus+, MISTRAS Group, Eurofins Scientific, The British Standards Institution, TÜV Rheinland, Lloyd’s Register Group Services Limited, DNV AS, TÜV NORD GROUP, Türk Loydu, TÜV SÜD, ICC NTA, LLC.
For instance,
- In February 2021, Dekra e.V. had expansion in non-destructive material testing (NDT) services energy industry and pipeline construction, These services helps to increase the performance of the work as well as boost the efficiency of the workers.
Key Market Segments:
- On the basis of service type, the global testing, inspection, and certification (TIC) market for building & construction is segmented into testing, inspection, and certification. In 2021, testing segment is expected to dominate the market because of its ability to maintain safety measurements, which can maintain the efficiency of the products.
- On the basis of sourcing type, the global testing, inspection, and certification (TIC) market for building & construction is segmented into in-house and outsourced. In 2021, the In-House segment is expected to dominate the market because of the increasing interest of local TIC services.
- On the basis of testing type, the global testing, inspection, and certification (TIC) market for building & construction is segmented into acoustics testing, engineering support, fire safety testing, heat pump testing, indoor environment testing, structural testing, and wind load testing. In 2021, structural testing segment is dominating because maximum countries are prone to high intensity earthquakes, hence, the demand for structural testing is increasing in the region.
- On the basis of application, the global testing, inspection, and certification (tic) market for building & construction is segmented into residential buildings, commercial buildings, and infrastructural. In 2021, infrastructural segment is dominating because of exponential growth in infrastructural work.
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Testing, Inspection, and Certification (TIC) Industry for Building and Construction Market, By Region:
The countries covered in global testing, inspection, and certification (TIC) market for building & construction report are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia and New Zealand, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Egypt, Saudi Arabia, U.A.E., Israel, Rest of Middle East & Africa.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
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