The North America Testing, Inspection, and Certification (TIC) market is expected to witness significant growth in the coming years. TIC services are essential for ensuring the safety, quality, and compliance of products, and they are becoming increasingly important in a world where consumers are demanding more transparency and accountability from companies.
The COVID-19 pandemic has had a major impact on the TIC market in North America, with many companies seeking certification for their products in order to reassure customers that they are safe and compliant with regulations. As a result, there has been a surge in demand for TIC services in sectors such as healthcare, food and beverages, and electronics.
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The United States is the largest market for TIC services in North America, accounting for a significant share of the region's overall revenue. Canada is also a significant market for TIC services, with strong demand from sectors such as energy, construction, and automotive.
The North American TIC market is highly regulated, with government bodies such as the Environmental Protection Agency (EPA) and the Food and Drug Administration (FDA) playing a key role in driving demand for testing and certification services. In addition, industry-specific regulations such as the National Fire Protection Association (NFPA) and the American Petroleum Institute (API) also contribute to the growth of the TIC market.
Some of the key players in the North American TIC market include Bureau Veritas, DEKRA SE, Applus+, ALS, DNV GL, SGS Société Générale de Surveillance SA, Intertek Group plc, TÜV SÜD, UL LLC, and MISTRAS Group.
Overall, the North America TIC market is poised for continued growth as companies seek to ensure the safety, quality, and compliance of their products in an increasingly complex and competitive global marketplace. The market is expected to see strong growth in sectors such as healthcare, food and beverages, and electronics, as well as in emerging areas such as renewable energy and smart technologies.
Source: VynZ Research