Testing, Inspection, and Certification Market: Trends and Developments, 2033
The Testing, Inspection, and Certification (TIC) market is projected to achieve a revenue of US $249.7 billion by 2023. This growth is driven by escalating demands from key sectors such as oil & gas, food and agriculture, consumer and retail, and the industrial sector on a global scale. Sustaining this growth necessitates the implementation of more effective waste management initiatives, the establishment of eco-friendly marketplaces, and the adoption of environmentally conscious fiscal policies worldwide. The expanding market is poised to meet the rising standards and regulations established by governments. It is anticipated that the TIC market will continue to thrive, with projections indicating a global revenue of US $422.6 billion by 2033, demonstrating a compound annual growth ra...