Market Research Insights

  San Francisco, 26 March 2024:  The Report  Electric Vehicle Testing, Inspection, And Certification Market  Size, Share & Trends Analysis Report By Service Type (Testing, Inspection), By Sourcing Type, By Application, By Vehicle Type, By Industry, By Region, And Segment Forecasts, 2024 - 2030 The global electric vehicle testing, inspection, and certification market size is projected to reach USD 3.01 billion by 2030, registering a CAGR of 14.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The electric vehicle testing, inspection, and certification (TIC) market encompasses the process of testing, inspecting, and certifying electric vehicles to ensure adherence to regulatory standards and industry specifications. This sector involves a range of services, including battery testing, assessment of electric motor performance, electrical safety evaluations, and testing for electromagnetic compatibility. The global push t...

  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...

  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...

San Francisco, 26 February 2019: The Report China Testing, Inspection, and Certification (TIC) Market Analysis Report By Sourcing Type, By Service Type, By Application (Transportation, Healthcare, Consumer Goods & Retail), And Segment Forecasts, 2018 – 2025 The China testing, inspection, and certification (TIC) market size is anticipated to reach USD 55.1 billion by 2025, according to a new report by Grand View Research, registering a 9.1% CAGR during the forecast period. 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 and beauty products, and electrical and electronic appliances are driving the market. The China TIC market is expected to register strong growth owing to government investments in the transportation, energy, and construction sectors. The Chinese government has introduced favorable policies for international players to establish their foothold ...