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Showing posts with the label And Certification Market 2028

China Testing, Inspection, and Certification Market Is Likely To Up Demand At A USD 64.9 Billion By 2028

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  San Francisco, 16 Nov 2021:   The Report  China Testing, Inspection, And Certification Market  Size, Share & Trends Analysis Report By Service Type (Testing, Inspection, Certification), By Sourcing Type (In-house, Outsourced), By Application, And Segment Forecasts, 2021 - 2028 The China testing, inspection, and certification market size is anticipated to reach USD 64.9 billion by 2028, according to a new report by Grand View Research. The market is anticipated to expand at a CAGR of 7.1% from 2021 to 2028. The high standards of living of Chinese citizens and increased focus of customers on quality and safety of food products and consumer goods such as toys, personal care & beauty products, and electrical and electronic appliances are driving the growth of the China testing, inspection, and certification (TIC) market. Furthermore, an increase in outsourcing of testing, inspection, and certification services by prominent companies operating in the m...

Testing, Inspection, And Certification Market Is Expected To Reach $ 434.1 Billion By 2028

  San Francisco, 17 June 2021:   The Report  Testing, Inspection, And Certification Market  Size, Share & Trends Analysis Report By Service Type, By Sourcing Type (In-house, Outsourced), By Application, By Region, And Segment Forecasts, 2021 - 2028 The global testing, inspection, and certification market size is anticipated to reach USD 434.1 billion by 2028, exhibiting a CAGR of 3.8% over the forecast period, according to a new report by Grand View Research, Inc. The incremental deployment rates of testing, inspection, and certification (TIC) systems and solutions can be accredited to the rise in manufacturing activities worldwide. The onset of Industry 5.0 and the rise in connected systems further augments the need to deploy TIC-based technologies in tandem with manufacturing activities. Thus, the need to optimize manufacturing processes and end products have resulted in the manufacturing application segment registering the highest CAGR of 6.3% over t...