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North America Testing, Inspection, and Certification Market Size and Forecasts (2020 – 2030), Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Sourcing Type (In-House Service and Outsourced Service), Service Type (Testing, Inspection, and Certification), End-User (Consumer Goods & Retail, Food & Beverage, Healthcare & Pharmaceutical, Energy & Power, Manufacturing & Construction, and Others)

The North America testing, inspection, and certification market was valued at US$ 81.81 billion in 2022 and is projected to reach US$ 132.81 billion by 2030; it is expected to grow at a CAGR of 6.2% from 2022 to 2030.

Environmental protection is gaining prominence in North America owing to several positive measures from both the government and the industrial stakeholders. In January 2023, the Inflation Reduction Act of 2022 became effective in the US. The Act offers programs, funding, and incentives, including the Investment Tax Credit (ITC) and Production Tax Credit (PTC), to accelerate the transition to a clean energy economy. The Act extends the ITC of 30% and PTC of US$ 0.0275/kWh (2023 value) till the projects meet prevailing requirements for projects over 1 MW AC. It has created more awareness of renewable energy and promoted its adoption in the industrial sector. It has increased the scope of various TIC market players since the transition to renewable energy requires various testing, inspections, and certifications. Hence, market players are increasing their offerings and expanding their business across the region. For instance, in July 2023, TUV SUD America Inc, a leading TIC service provider, opened a new state-of-the-art environmental laboratory in Michigan, the US, through an investment of US$ 44 billion. Such instances in the region propelling the growth of the North America testing, inspection, and certification market.

Moreover, North American nations have been implementing the most stringent set of environmental provisions included in a free trade agreement (FTA) in July 2020, when the new agreement [dubbed Canada-US-Mexico Agreement (CUSMA), T-MEC, and the US–Mexico–Canada Agreement (USMCA) by the nations] was enforced alongside a companion—Environmental Cooperation Agreement (ECA). Thus, due to such environmental provisions, several types of businesses aim to become more sustainable and eco-friendlier to benefit from eco certifications. There are several certifications, such as Intertek Green Leaf Mark, EcoVadis Sustainability Rating, and 1% for the Planet, that help businesses to be certified sustainable and eco-friendly. Such certifications are beneficial programs that can aid companies in demonstrating their sustainable practices, products, and services to customers, investors, and other relevant stakeholders. Various players across North America are providing circular economy certifications, such as SGS SA and Bureau Veritas. These certifications also contribute to the Sustainable Development Goals (SDG) of the United Nations. Thus, the rise in environmental concerns is promoting the adoption of a circular economy, which drives the North America testing, inspection, and certification market share in North America.

Based on sourcing type, the North America testing, inspection, and certification market is bifurcated into in-house service and outsourced service. The in-house service segment led the North America testing, inspection, and certification market. The in-house service gives an enterprise complete control over the testing, inspection, and certification of the products. By keeping the TIC operations in-house, the enterprise can reduce any misunderstanding that may come from outsourced third-party companies. It provides enhanced work quality by closely working with the development team. It offers the benefit of communication and collaboration among the teams. By conducting in-house TIC operations, the enterprise can manage the TIC timelines, resources, and test cases that align with the enterprise goals and objectives. In-house TIC teams have in-depth knowledge and understanding of the enterprise systems, processes, and products, which helps the TIC teams carry out these operations effectively and efficiently. Such characteristics of the in-house service segment fuel the North America testing, inspection, and certification market growth for the segment.

Based on service type, the North America testing, inspection, and certification market is segmented into testing, inspection, and certification. Testing services are generally required to test the physical, chemical, or performance-linked properties of products, materials, or services to meet the standards or specifications for the quality, safety, and sustainability of the product. The qualified or skilled inspectors collect the samples via internationally accepted ISO sampling methods and then test them with the help of specific tests and methodology in accredited laboratories. Testing is generally conducted for products and services, which include chemicals, food, agriculture products, consumer products, metals and minerals, waste materials, government services, and machinery and equipment. The testing phase is essential in the TIC services as it ensures the accuracy and credibility of the test results and further ensures the safety of the product and services. Thus, propelling the growth of North America testing, inspection, and certification market.

ALS Limited, Applus Services SA, Bureau Veritas SA, DEKRA SE, DNV Group AS, Eurofins Scientific SE, Intertek Group Plc, SGS SA, TUV Rheinland AG, and TUV SUD AG are among the key North America testing, inspection, and certification market players that are profiled in this market study.

The overall North America testing, inspection, and certification market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the North America testing, inspection, and certification market. The process also helps obtain an overview and forecast of the North America testing, inspection, and certification market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the North America testing, inspection, and certification market.

TABLE OF CONTENTS

1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. TIC Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 Testing, Inspection, and Certification Market Players:
4.3.2 Governments and Regulatory Agencies:
4.3.3 End-User:
4.3.4 List of Vendors in the Value Chain:
5. TIC Market – Key Industry Dynamics
5.1 TIC Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Implementation of Industry 4.0
5.2.2 Environmental Concerns Promoting Adoption of Circular Economy
5.3 Market Restraints
5.3.1 Presence of Counterfeit Products and Certificates
5.4 Market Opportunities
5.4.1 Rising EV Adoption
5.4.2 Proliferation of Green Hydrogen
5.5 Future Trends
5.5.1 Adoption of Advanced Technologies in TIC Industry
5.5.2 Cybersecurity Requirements of Industrial Control Systems
5.6 Impact of Drivers and Restraints:
6. TIC Market – North America Market Analysis
6.1 TIC Market Revenue (US$ Billion), 2022 – 2030
6.2 TIC Market Forecast and Analysis
7. TIC Market Analysis – Sourcing Type
7.1 In-House Service
7.1.1 Overview
7.1.2 In-House Service Market Revenue and Forecast to 2030 (US$ Billion)
7.2 Outsourced Service
7.2.1 Overview
7.2.2 Outsourced Service Market Revenue and Forecast to 2030 (US$ Billion)
8. TIC Market Analysis – Service Type
8.1 Testing
8.1.1 Overview
8.1.2 Testing Market Revenue and Forecast to 2030 (US$ Billion)
8.2 Inspection
8.2.1 Overview
8.2.2 Inspection Market Revenue and Forecast to 2030 (US$ Billion)
8.3 Certification
8.3.1 Overview
8.3.2 Certification Market Revenue and Forecast to 2030 (US$ Billion)
9. TIC Market Analysis – End-User
9.1 Consumer Goods & Retail
9.1.1 Overview
9.1.2 Consumer Goods & Retail Market Revenue and Forecast to 2030 (US$ Billion)
9.2 Food & Beverage
9.2.1 Overview
9.2.2 Food & Beverage Market Revenue and Forecast to 2030 (US$ Billion)
9.3 Healthcare & Pharmaceutical
9.3.1 Overview
9.3.2 Healthcare & Pharmaceutical Market Revenue and Forecast to 2030 (US$ Billion)
9.4 Energy & Power
9.4.1 Overview
9.4.2 Energy & Power Market Revenue and Forecast to 2030 (US$ Billion)
9.5 Manufacturing & Construction
9.5.1 Overview
9.5.2 Manufacturing & Construction Market Revenue and Forecast to 2030 (US$ Billion)
9.6 Others
9.6.1 Overview
9.6.2 Others Market Revenue and Forecast to 2030 (US$ Billion)
10. TIC Market – Geographical Analysis
10.1 Overview
10.1.1 North America: TIC Market, by Key Country
10.1.1.1 US: TIC Market – Revenue, and Forecast to 2030 (US$ Billion)
10.1.1.1.1 US: TIC Market, by Sourcing Type
10.1.1.1.2 US: TIC Market, by Service Type
10.1.1.1.3 US: TIC Market, by End-User
10.1.1.2 Canada: TIC Market – Revenue, and Forecast to 2030 (US$ Billion)
10.1.1.2.1 Canada: TIC Market, by Sourcing Type
10.1.1.2.2 Canada: TIC Market, by Service Type
10.1.1.2.3 Canada: TIC Market, by End-User
10.1.1.3 Mexico: TIC Market – Revenue, and Forecast to 2030 (US$ Billion)
10.1.1.3.1 Mexico: TIC Market, by Sourcing Type
10.1.1.3.2 Mexico: TIC Market, by Service Type
10.1.1.3.3 Mexico: TIC Market, by End-User
11. TIC Market – Impact of COVID-19 Pandemic
11.1 Pre & Post Covid-19 Impact
12. Competitive Landscape
12.1 Heat Map Analysis By Key Players
12.2 Company Positioning & Concentration
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 New Product Development
13.4 Merger and Acquisition
14. Company Profiles
14.1 ALS Limited
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Applus Services SA
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Bureau Veritas SA
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 DEKRA SE
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 DNV Group AS
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Eurofins Scientific SE
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Intertek Group Plc
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 SGS SA
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 TUV Rheinland AG
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 TUV SUD AG
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Word Index

LIST OF TABLES

Table 1. TIC Market Segmentation
Table 2. TIC Market Revenue and Forecast to 2030 (US$ Billion)
Table 3. TIC Market Revenue and Forecast to 2030 (US$ Billion) – Sourcing Type
Table 4. TIC Market Revenue and Forecast to 2030 (US$ Billion) – Service Type
Table 5. TIC Market Revenue and Forecast to 2030 (US$ Billion) – End-User
Table 6. US: TIC Market, by Sourcing Type –Revenue and Forecast to 2030 (US$ Billion)
Table 7. US: TIC Market, by Service Type –Revenue and Forecast to 2030 (US$ Billion)
Table 8. US: TIC Market, by End-User –Revenue and Forecast to 2030 (US$ Billion)
Table 9. Canada: TIC Market, by Sourcing Type –Revenue and Forecast to 2030 (US$ Billion)
Table 10. Canada: TIC Market, by Service Type –Revenue and Forecast to 2030 (US$ Billion)
Table 11. Canada: TIC Market, by End-User –Revenue and Forecast to 2030 (US$ Billion)
Table 12. Mexico: TIC Market, by Sourcing Type –Revenue and Forecast to 2030 (US$ Billion)
Table 13. Mexico: TIC Market, by Service Type –Revenue and Forecast to 2030 (US$ Billion)
Table 14. Mexico: TIC Market, by End-User –Revenue and Forecast to 2030 (US$ Billion)
Table 15. Heat Map Analysis By Key Players
Table 16. List of Abbreviation

LIST OF FIGURES

Figure 1. PEST Analysis
Figure 2. Ecosystem: TIC Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. TIC Market Revenue (US$ Billion), 2022 – 2030
Figure 5. TIC Market Share (%) –Sourcing Type, 2022 and 2030
Figure 6. In-House Service Market Revenue and Forecast To 2030 (US$ Billion)
Figure 7. Outsourced Service Market Revenue and Forecast To 2030 (US$ Billion)
Figure 8. TIC Market Share (%) – Service Type, 2022 and 2030
Figure 9. Testing Market Revenue and Forecast to 2030 (US$ Billion)
Figure 10. Inspection Market Revenue and Forecast to 2030 (US$ Billion)
Figure 11. Certification Market Revenue and Forecast to 2030 (US$ Billion)
Figure 12. TIC Market Share (%) – End-User, 2022 and 2030
Figure 13. Consumer Goods & Retail Market Revenue and Forecast to 2030 (US$ Billion)
Figure 14. Food & Beverage Market Revenue and Forecast to 2030 (US$ Billion)
Figure 15. Healthcare & Pharmaceutical Market Revenue and Forecast to 2030 (US$ Billion)
Figure 16. Energy & Power Market Revenue and Forecast to 2030 (US$ Billion)
Figure 17. Manufacturing & Construction Market Revenue and Forecast to 2030 (US$ Billion)
Figure 18. Others Market Revenue and Forecast to 2030 (US$ Billion)
Figure 19. North America: TIC Market Revenue Share, by Key Country (2022 and 2030)
Figure 20. US: TIC Market – Revenue, and Forecast to 2030 (US$ Billion)
Figure 21. Canada: TIC Market – Revenue, and Forecast to 2030 (US$ Billion)
Figure 22. Mexico: TIC Market – Revenue, and Forecast to 2030 (US$ Billion)
Figure 23. Company Positioning & Concentration

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America testing, inspection, and certification market
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations such as specific country and segmental insight highlights crucial progressive industry trends in the North America testing, inspection, and certification market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

The List of Companies – North America Testing, Inspection, and Certification (TIC) Market
● ALS Limited
● Applus Services SA
● Bureau Veritas SA
● DEKRA SE
● DNV Group AS
● Eurofins Scientific SE
● Intertek Group Plc
● SGS SA
● TUV Rheinland AG
● TUV SUD AG

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