Emerging Technologies Impacting the TIC Services Industry
The Testing, Inspection, and Certification (TIC) services industry is undergoing a profound transformation as digital technologies reshape traditional processes and business models. With industries becoming more complex and regulatory frameworks evolving rapidly, TIC providers are turning to innovative technologies to enhance efficiency, accuracy, and reliability. Emerging technologies such as Artificial...
Hydrogen Automotive TIC Market Size to Grow $35.8 million by 2030
The global Hydrogen Automotive TIC Market is projected to grow from estimated USD 18.3 million in 2024 to USD 35.8 million by 2030, at a CAGR of 11.8% during the forecast period. The market is driven by the increasing commercialization of hydrogen technologies, growing focus on lifecycle risk assessment, and the emergence of hydrogen as a key energy carrier for future energy systems....
Tariff Pressures: Unpacking the US Impact on the Testing, Inspection, and Certification Market
The Testing, Inspection, and Certification (TIC) industry plays a pivotal role in ensuring compliance, safety, and quality across global supply chains. However, recent years have tested the resilience of this critical sector—most notably through the ripple effects of U.S. tariff policies implemented during the Trump administration.
These tariffs, aimed at reshaping trade balances and boosting...
Global Testing, Inspection, and Certification Market: Regional Analysis and Key Trends
The Testing, Inspection, and Certification (TIC) market is a critical component of global industries, ensuring compliance with regulations, quality standards, and safety measures. As industries continue to evolve, the TIC sector is expanding, driven by technological advancements, increasing regulatory scrutiny, and growing consumer awareness.
The global TIC market is segmented by regions, industries,...
Automotive TIC Market Size, Share & Growth Forecast 2028
The global automotive TIC market is projected to grow from USD 17.7 billion in 2023 to USD 20.9 billion by 2028, registering a CAGR of 3.4%.
Global demand for automotive TIC services is anticipated to be driven by the growing need for safer, more effective, and fuel-efficient mobility alternatives. For example, the growing need for safer and more ecologically friendly electric mobility is predicted...
Global Testing, Inspection, and Certification Market: Trends, Challenges, and Opportunities
The global Testing, Inspection, and Certification (TIC) market is undergoing significant transformation as industries increasingly prioritize quality assurance, regulatory compliance, and risk management. From technological advancements to evolving regulatory frameworks, the TIC industry is adapting to meet the demands of a dynamic global landscape. This article explores the key trends, challenges,...
Pipeline Integrity Market Anticipated to Reach $2.1 Billion by 2024
The global Pipeline
Integrity Market is projected to reach $2.1 billion by 2024 from an
estimated $1.7 billion in 2019, at a CAGR of 4.33% during the forecast period.
This growth can be attributed to huge investment pool in the pipeline business,
increased government mandate and regulations for pipeline assessment, concern
over environment impact, the safety of pipelines and energy infrastructure,...
Emerging Economies Are Fuelling The Testing, Inspection, And Certification (TIC) Services
The Testing, Inspection, and Certification (TIC) services usually comprise testing, verification, auditing, and certification, which are done either in-house or outsourced to third party service providers. The TIC market comprises companies that are specifically engaged in testing, inspection, and certification services; the purpose of these services is to help in improving the productivity; help manufacturers...