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PUBLISHER: KBV Research | PRODUCT CODE: 1534566
PUBLISHER: KBV Research | PRODUCT CODE: 1534566
Asia Pacific Testing, Inspection and Certification Market Size, Share & Trends Analysis Report By Service Type, By Sourcing Type, By Application, By Country and Growth Forecast, 2024 - 2031
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The Asia Pacific Testing, Inspection and Certification (TIC) Market would witness market growth of 4.7% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Testing, Inspection and Certification (TIC) Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $38,592.3 million by 2031. The Japan market is registering a CAGR of 4.4% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 5.2% during (2024 - 2031).
Technological advancements have significantly impacted the market, introducing both opportunities and challenges. Integration of technologies like the Internet of Things (IoT), artificial intelligence (AI), and blockchain has revolutionized TIC services.
Moreover, the significance of TIC services concerning these emerging innovations is elevated by the requirement to guarantee data security and prevent passenger and bystander injuries from autonomous vehicles.
Countries in this region are experiencing significant expansions in manufacturing, construction, and technology sectors, which drive the demand for TIC services. The market is supported by a strong emphasis on quality, safety, and compliance and the need to meet international standards to facilitate trade. The consumer goods, retail, and food and beverage industries have increased their demand for testing services, which has supported the growth of the testing, inspection and certification (TIC) market.
Based on Service Type, the market is segmented into Testing, Inspection, and Certification. Based on Sourcing Type, the market is segmented into In-house and Outsourced. Based on Application, the market is segmented into Consumer Goods & Retail, Agriculture & Food, Chemicals, Infrastructure, Manufacturing, Medical & Lifesciences, Mining, Oil & Gas, Automotive, Public Sector, and IT, Telecom & Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- SGS S.A.
- Bureau Veritas S.A.
- Intertek Group PLC
- Eurofins Scientific SE
- TUV Rheinland AG
- Applus+ Group
- TUV Nord Group
- DEKRA SE
- TUV SUD
- DNV AS
Asia Pacific Testing, Inspection and Certification (TIC) Market Report Segmentation
By Service Type
- Testing
- Inspection
- Certification
By Sourcing Type
- In-house
- Outsourced
By Application
- Consumer Goods & Retail
- Agriculture & Food
- Chemicals
- Infrastructure
- Manufacturing
- Medical & Lifesciences
- Mining, Oil & Gas
- Automotive
- Public Sector
- IT, Telecom & Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Asia Pacific Testing, Inspection and Certification (TIC) Market, by Service Type
- 1.4.2 Asia Pacific Testing, Inspection and Certification (TIC) Market, by Sourcing Type
- 1.4.3 Asia Pacific Testing, Inspection and Certification (TIC) Market, by Application
- 1.4.4 Asia Pacific Testing, Inspection and Certification (TIC) Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.2.4 Geographical Expansions
- 4.3 Top Winning Strategies
- 4.3.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jan - 2024, Jun) Leading Players
- 4.4 Porter Five Forces Analysis
Chapter 5. Asia Pacific Testing, Inspection and Certification (TIC) Market by Service Type
- 5.1 Asia Pacific Testing Market by Country
- 5.2 Asia Pacific Inspection Market by Country
- 5.3 Asia Pacific Certification Market by Country
Chapter 6. Asia Pacific Testing, Inspection and Certification (TIC) Market by Sourcing Type
- 6.1 Asia Pacific In-house Market by Country
- 6.2 Asia Pacific Outsourced Market by Country
Chapter 7. Asia Pacific Testing, Inspection and Certification (TIC) Market by Application
- 7.1 Asia Pacific Consumer Goods & Retail Market by Country
- 7.2 Asia Pacific Agriculture & Food Market by Country
- 7.3 Asia Pacific Chemicals Market by Country
- 7.4 Asia Pacific Infrastructure Market by Country
- 7.5 Asia Pacific Manufacturing Market by Country
- 7.6 Asia Pacific Medical & Lifesciences Market by Country
- 7.7 Asia Pacific Mining, Oil & Gas Market by Country
- 7.8 Asia Pacific Automotive Market by Country
- 7.9 Asia Pacific Public Sector Market by Country
- 7.1 Asia Pacific IT, Telecom & Others Market by Country
Chapter 8. Asia Pacific Testing, Inspection and Certification (TIC) Market by Country
- 8.1 China Testing, Inspection and Certification (TIC) Market
- 8.1.1 China Testing, Inspection and Certification (TIC) Market by Service Type
- 8.1.2 China Testing, Inspection and Certification (TIC) Market by Sourcing Type
- 8.1.3 China Testing, Inspection and Certification (TIC) Market by Application
- 8.2 Japan Testing, Inspection and Certification (TIC) Market
- 8.2.1 Japan Testing, Inspection and Certification (TIC) Market by Service Type
- 8.2.2 Japan Testing, Inspection and Certification (TIC) Market by Sourcing Type
- 8.2.3 Japan Testing, Inspection and Certification (TIC) Market by Application
- 8.3 India Testing, Inspection and Certification (TIC) Market
- 8.3.1 India Testing, Inspection and Certification (TIC) Market by Service Type
- 8.3.2 India Testing, Inspection and Certification (TIC) Market by Sourcing Type
- 8.3.3 India Testing, Inspection and Certification (TIC) Market by Application
- 8.4 South Korea Testing, Inspection and Certification (TIC) Market
- 8.4.1 South Korea Testing, Inspection and Certification (TIC) Market by Service Type
- 8.4.2 South Korea Testing, Inspection and Certification (TIC) Market by Sourcing Type
- 8.4.3 South Korea Testing, Inspection and Certification (TIC) Market by Application
- 8.5 Singapore Testing, Inspection and Certification (TIC) Market
- 8.5.1 Singapore Testing, Inspection and Certification (TIC) Market by Service Type
- 8.5.2 Singapore Testing, Inspection and Certification (TIC) Market by Sourcing Type
- 8.5.3 Singapore Testing, Inspection and Certification (TIC) Market by Application
- 8.6 Malaysia Testing, Inspection and Certification (TIC) Market
- 8.6.1 Malaysia Testing, Inspection and Certification (TIC) Market by Service Type
- 8.6.2 Malaysia Testing, Inspection and Certification (TIC) Market by Sourcing Type
- 8.6.3 Malaysia Testing, Inspection and Certification (TIC) Market by Application
- 8.7 Rest of Asia Pacific Testing, Inspection and Certification (TIC) Market
- 8.7.1 Rest of Asia Pacific Testing, Inspection and Certification (TIC) Market by Service Type
- 8.7.2 Rest of Asia Pacific Testing, Inspection and Certification (TIC) Market by Sourcing Type
- 8.7.3 Rest of Asia Pacific Testing, Inspection and Certification (TIC) Market by Application
Chapter 9. Company Profiles
- 9.1 SGS S.A.
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental Analysis
- 9.1.4 Recent strategies and developments:
- 9.1.4.1 Partnerships, Collaborations, and Agreements:
- 9.1.4.2 Mergers & Acquisition:
- 9.1.4.3 Geographical Expansions:
- 9.1.5 SWOT Analysis
- 9.2 DNV AS
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Recent strategies and developments:
- 9.2.4.1 Product Launches and Product Expansions:
- 9.2.4.2 Acquisition and Mergers:
- 9.2.5 SWOT Analysis
- 9.3 Eurofins Scientific SE
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Regional Analysis
- 9.3.4 Recent strategies and developments:
- 9.3.4.1 Product Launches and Product Expansions:
- 9.3.4.2 Acquisition and Mergers:
- 9.3.5 SWOT Analysis
- 9.4 Bureau Veritas S.A.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Partnerships, Collaborations, and Agreements:
- 9.4.5.2 Mergers & Acquisition:
- 9.4.6 SWOT Analysis
- 9.5 Intertek Group PLC
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Recent strategies and developments:
- 9.5.4.1 Partnerships, Collaborations, and Agreements:
- 9.5.5 SWOT Analysis
- 9.6 Applus+ Group
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segment Analysis
- 9.6.4 Recent strategies and developments:
- 9.6.4.1 Partnerships, Collaborations, and Agreements:
- 9.6.4.2 Mergers & Acquisition:
- 9.6.4.3 Product Launches & Expansions:
- 9.6.5 SWOT Analysis
- 9.7 DEKRA SE
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Recent strategies and developments:
- 9.7.4.1 Partnerships, Collaborations, and Agreements:
- 9.7.4.2 Product Launches & Expansions:
- 9.7.5 SWOT Analysis
- 9.8 TUV Nord Group
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 SWOT Analysis
- 9.9 TUV Rheinland AG
- 9.9.1 Company Overview
- 9.9.2 Recent strategies and developments:
- 9.9.2.1 Geographical Expansions:
- 9.9.2.2 Partnerships, Collaborations & Agreements:
- 9.9.2.3 Product Launches & Expansions:
- 9.9.3 SWOT Analysis
- 9.10. TUV SUD
- 9.10.1 Company Overview
- 9.10.2 Recent strategies and developments:
- 9.10.2.1 Partnerships, Collaborations, and Agreements:
- 9.10.3 SWOT Analysis
LIST OF TABLES
- TABLE 1 Asia Pacific Testing, Inspection and Certification (TIC) Market, 2020 - 2023, USD Million
- TABLE 2 Asia Pacific Testing, Inspection and Certification (TIC) Market, 2024 - 2031, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Testing, Inspection and Certification (TIC) Market
- TABLE 4 Product Launches And Product Expansions- Testing, Inspection and Certification (TIC) Market
- TABLE 5 Acquisition and Mergers- Testing, Inspection and Certification (TIC) Market
- TABLE 6 Geographical Expansions- Testing, Inspection and Certification (TIC) Market
- TABLE 7 Asia Pacific Testing, Inspection and Certification (TIC) Market by Service Type, 2020 - 2023, USD Million
- TABLE 8 Asia Pacific Testing, Inspection and Certification (TIC) Market by Service Type, 2024 - 2031, USD Million
- TABLE 9 Asia Pacific Testing Market by Country, 2020 - 2023, USD Million
- TABLE 10 Asia Pacific Testing Market by Country, 2024 - 2031, USD Million
- TABLE 11 Asia Pacific Inspection Market by Country, 2020 - 2023, USD Million
- TABLE 12 Asia Pacific Inspection Market by Country, 2024 - 2031, USD Million
- TABLE 13 Asia Pacific Certification Market by Country, 2020 - 2023, USD Million
- TABLE 14 Asia Pacific Certification Market by Country, 2024 - 2031, USD Million
- TABLE 15 Asia Pacific Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2020 - 2023, USD Million
- TABLE 16 Asia Pacific Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2024 - 2031, USD Million
- TABLE 17 Asia Pacific In-house Market by Country, 2020 - 2023, USD Million
- TABLE 18 Asia Pacific In-house Market by Country, 2024 - 2031, USD Million
- TABLE 19 Asia Pacific Outsourced Market by Country, 2020 - 2023, USD Million
- TABLE 20 Asia Pacific Outsourced Market by Country, 2024 - 2031, USD Million
- TABLE 21 Asia Pacific Testing, Inspection and Certification (TIC) Market by Application, 2020 - 2023, USD Million
- TABLE 22 Asia Pacific Testing, Inspection and Certification (TIC) Market by Application, 2024 - 2031, USD Million
- TABLE 23 Asia Pacific Consumer Goods & Retail Market by Country, 2020 - 2023, USD Million
- TABLE 24 Asia Pacific Consumer Goods & Retail Market by Country, 2024 - 2031, USD Million
- TABLE 25 Asia Pacific Agriculture & Food Market by Country, 2020 - 2023, USD Million
- TABLE 26 Asia Pacific Agriculture & Food Market by Country, 2024 - 2031, USD Million
- TABLE 27 Asia Pacific Chemicals Market by Country, 2020 - 2023, USD Million
- TABLE 28 Asia Pacific Chemicals Market by Country, 2024 - 2031, USD Million
- TABLE 29 Asia Pacific Infrastructure Market by Country, 2020 - 2023, USD Million
- TABLE 30 Asia Pacific Infrastructure Market by Country, 2024 - 2031, USD Million
- TABLE 31 Asia Pacific Manufacturing Market by Country, 2020 - 2023, USD Million
- TABLE 32 Asia Pacific Manufacturing Market by Country, 2024 - 2031, USD Million
- TABLE 33 Asia Pacific Medical & Lifesciences Market by Country, 2020 - 2023, USD Million
- TABLE 34 Asia Pacific Medical & Lifesciences Market by Country, 2024 - 2031, USD Million
- TABLE 35 Asia Pacific Mining, Oil & Gas Market by Country, 2020 - 2023, USD Million
- TABLE 36 Asia Pacific Mining, Oil & Gas Market by Country, 2024 - 2031, USD Million
- TABLE 37 Asia Pacific Automotive Market by Country, 2020 - 2023, USD Million
- TABLE 38 Asia Pacific Automotive Market by Country, 2024 - 2031, USD Million
- TABLE 39 Asia Pacific Public Sector Market by Country, 2020 - 2023, USD Million
- TABLE 40 Asia Pacific Public Sector Market by Country, 2024 - 2031, USD Million
- TABLE 41 Asia Pacific IT, Telecom & Others Market by Country, 2020 - 2023, USD Million
- TABLE 42 Asia Pacific IT, Telecom & Others Market by Country, 2024 - 2031, USD Million
- TABLE 43 Asia Pacific Testing, Inspection and Certification (TIC) Market by Country, 2020 - 2023, USD Million
- TABLE 44 Asia Pacific Testing, Inspection and Certification (TIC) Market by Country, 2024 - 2031, USD Million
- TABLE 45 China Testing, Inspection and Certification (TIC) Market, 2020 - 2023, USD Million
- TABLE 46 China Testing, Inspection and Certification (TIC) Market, 2024 - 2031, USD Million
- TABLE 47 China Testing, Inspection and Certification (TIC) Market by Service Type, 2020 - 2023, USD Million
- TABLE 48 China Testing, Inspection and Certification (TIC) Market by Service Type, 2024 - 2031, USD Million
- TABLE 49 China Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2020 - 2023, USD Million
- TABLE 50 China Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2024 - 2031, USD Million
- TABLE 51 China Testing, Inspection and Certification (TIC) Market by Application, 2020 - 2023, USD Million
- TABLE 52 China Testing, Inspection and Certification (TIC) Market by Application, 2024 - 2031, USD Million
- TABLE 53 Japan Testing, Inspection and Certification (TIC) Market, 2020 - 2023, USD Million
- TABLE 54 Japan Testing, Inspection and Certification (TIC) Market, 2024 - 2031, USD Million
- TABLE 55 Japan Testing, Inspection and Certification (TIC) Market by Service Type, 2020 - 2023, USD Million
- TABLE 56 Japan Testing, Inspection and Certification (TIC) Market by Service Type, 2024 - 2031, USD Million
- TABLE 57 Japan Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2020 - 2023, USD Million
- TABLE 58 Japan Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2024 - 2031, USD Million
- TABLE 59 Japan Testing, Inspection and Certification (TIC) Market by Application, 2020 - 2023, USD Million
- TABLE 60 Japan Testing, Inspection and Certification (TIC) Market by Application, 2024 - 2031, USD Million
- TABLE 61 India Testing, Inspection and Certification (TIC) Market, 2020 - 2023, USD Million
- TABLE 62 India Testing, Inspection and Certification (TIC) Market, 2024 - 2031, USD Million
- TABLE 63 India Testing, Inspection and Certification (TIC) Market by Service Type, 2020 - 2023, USD Million
- TABLE 64 India Testing, Inspection and Certification (TIC) Market by Service Type, 2024 - 2031, USD Million
- TABLE 65 India Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2020 - 2023, USD Million
- TABLE 66 India Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2024 - 2031, USD Million
- TABLE 67 India Testing, Inspection and Certification (TIC) Market by Application, 2020 - 2023, USD Million
- TABLE 68 India Testing, Inspection and Certification (TIC) Market by Application, 2024 - 2031, USD Million
- TABLE 69 South Korea Testing, Inspection and Certification (TIC) Market, 2020 - 2023, USD Million
- TABLE 70 South Korea Testing, Inspection and Certification (TIC) Market, 2024 - 2031, USD Million
- TABLE 71 South Korea Testing, Inspection and Certification (TIC) Market by Service Type, 2020 - 2023, USD Million
- TABLE 72 South Korea Testing, Inspection and Certification (TIC) Market by Service Type, 2024 - 2031, USD Million
- TABLE 73 South Korea Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2020 - 2023, USD Million
- TABLE 74 South Korea Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2024 - 2031, USD Million
- TABLE 75 South Korea Testing, Inspection and Certification (TIC) Market by Application, 2020 - 2023, USD Million
- TABLE 76 South Korea Testing, Inspection and Certification (TIC) Market by Application, 2024 - 2031, USD Million
- TABLE 77 Singapore Testing, Inspection and Certification (TIC) Market, 2020 - 2023, USD Million
- TABLE 78 Singapore Testing, Inspection and Certification (TIC) Market, 2024 - 2031, USD Million
- TABLE 79 Singapore Testing, Inspection and Certification (TIC) Market by Service Type, 2020 - 2023, USD Million
- TABLE 80 Singapore Testing, Inspection and Certification (TIC) Market by Service Type, 2024 - 2031, USD Million
- TABLE 81 Singapore Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2020 - 2023, USD Million
- TABLE 82 Singapore Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2024 - 2031, USD Million
- TABLE 83 Singapore Testing, Inspection and Certification (TIC) Market by Application, 2020 - 2023, USD Million
- TABLE 84 Singapore Testing, Inspection and Certification (TIC) Market by Application, 2024 - 2031, USD Million
- TABLE 85 Malaysia Testing, Inspection and Certification (TIC) Market, 2020 - 2023, USD Million
- TABLE 86 Malaysia Testing, Inspection and Certification (TIC) Market, 2024 - 2031, USD Million
- TABLE 87 Malaysia Testing, Inspection and Certification (TIC) Market by Service Type, 2020 - 2023, USD Million
- TABLE 88 Malaysia Testing, Inspection and Certification (TIC) Market by Service Type, 2024 - 2031, USD Million
- TABLE 89 Malaysia Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2020 - 2023, USD Million
- TABLE 90 Malaysia Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2024 - 2031, USD Million
- TABLE 91 Malaysia Testing, Inspection and Certification (TIC) Market by Application, 2020 - 2023, USD Million
- TABLE 92 Malaysia Testing, Inspection and Certification (TIC) Market by Application, 2024 - 2031, USD Million
- TABLE 93 Rest of Asia Pacific Testing, Inspection and Certification (TIC) Market, 2020 - 2023, USD Million
- TABLE 94 Rest of Asia Pacific Testing, Inspection and Certification (TIC) Market, 2024 - 2031, USD Million
- TABLE 95 Rest of Asia Pacific Testing, Inspection and Certification (TIC) Market by Service Type, 2020 - 2023, USD Million
- TABLE 96 Rest of Asia Pacific Testing, Inspection and Certification (TIC) Market by Service Type, 2024 - 2031, USD Million
- TABLE 97 Rest of Asia Pacific Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2020 - 2023, USD Million
- TABLE 98 Rest of Asia Pacific Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2024 - 2031, USD Million
- TABLE 99 Rest of Asia Pacific Testing, Inspection and Certification (TIC) Market by Application, 2020 - 2023, USD Million
- TABLE 100 Rest of Asia Pacific Testing, Inspection and Certification (TIC) Market by Application, 2024 - 2031, USD Million
- TABLE 101 Key Information - SGS S.A.
- TABLE 102 Key Information - DNV AS
- TABLE 103 Key Information - Eurofins Scientific SE
- TABLE 104 Key Information - Bureau Veritas S.A.
- TABLE 105 Key Information - Intertek Group PLC
- TABLE 106 Key Information - Applus+ Group
- TABLE 107 Key Information - DEKRA SE
- TABLE 108 Key Information - TUV NORD GROUP
- TABLE 109 Key Information - TUV Rheinland AG
- TABLE 110 Key Information - Tuv sud
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