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The report "North America TIC Market by Sourcing Type (In-House and Outsourced), by Service Type (Testing, Inspection, and Certification), by Industry Vertical (Agriculture & Food, Construction, Life Science, Consumer Goods & Retail, Transportation, Energy, Oil, Gas & Chemical, Mining, Environmental, and Others) – North America Forecast to 2030", The North America TIC market is anticipated to grow at a CAGR of 6.3% during the forecast period. Testing, inspection, and certification (TIC) is made up of conformity assessment bodies that offer a range of services, including certification, testing, auditing, and inspection, certification, and quality assurance. The volume of international imports and exports has also increased, particularly for goods like food and pharmaceuticals. There is more opportunity for growth in the TIC services by industries like food and beverage, agriculture, consumer electronics, and automotive (electric vehicles) sectors. Rapid technological development, which resulted in a diversity of products and, in certain circumstances, shorter product life cycles, is also anticipated to enhance the use of TIC services in the North American regions.

The North American TIC industry is influenced by strict government regulations and standards across several industry verticals and the rising food safety audits in the country. Globalization has resulted in an increase in the number of food imports from other regions. This has resulted in an increase in the number of testing, inspection, and certification operations in the region. The rise in the number of counterfeit goods has prompted government officials to enact a number of policies. The regulations are intended to limit the inflow of counterfeit goods from other countries. The lack of widely accepted standards, as well as the rise of protectionist policies, have been major impediments to market growth. These protectionist policies impose high tariffs on imports from other countries.

Serambiente is the recent strategic acquisition for ALS in November 2022 for the environmental testing business. Serambiente is known for providing high-quality services with a strong emphasis on environmental monitoring and analysis. Serambiente, founded in 2005 and headquartered in Barranquilla, Colombia, has 15 years of experience in the environmental services sector, beginning with air analysis and gradually expanding its environmental portfolio to include water, soil, and noise analyses. Serambiente, with strategic locations in Bogotá, Medellin, Cali, Barrancabermeja, Puerto Gaitán, Villavicencio, and Acacias, Colombia, provides comprehensive testing services to a wide range of clients, including physicochemical, microbiological, and hydrobiological analysis.

Bowse 39 market data Tables and 27 Figures spread through 118 Pages and in-depth TOC on "North America TIC Market by Sourcing Type (In-House and Outsourced), by Service Type (Testing, Inspection, and Certification), by Industry Vertical (Agriculture & Food, Construction, Life Science, Consumer Goods & Retail, Transportation, Energy, Oil, Gas & Chemical, Mining, Environmental, and Others), and Region – North America Forecast to 2030."

By industry vertical, food & beverage industry is anticipated to have substantial growth during the forecast period.

Food and Beverage Industry is anticipated to witness substantial growth during the forecast period. As the number of food safety violations in Canada and the US has increased, the standards of federal and state agencies in the food processing and packaging sector have become more complex and rigorous. Additionally, the region's expanding need for fast food outlets and processed food has led to the establishment of numerous processed food businesses. Most brands are utilizing the power of testing, inspection, and certification to promote and differentiate their products, thus surviving the competition. Nevertheless, to boost authenticity, food processing companies are outsourcing testing and certification to other parties.  In addition, rising demand for healthy and safe food items from consumers is anticipated to fuel the market for food testing and certification in the future.

North America TIC Market Segmentation Analysis

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“United States is anticipated to grow significantly during the forecast period.”

The inspection and testing procedures market in the United States is expected to grow via industrial variability.  The TIC market in the region will grow owing to several development initiatives and certification standard enhancements by the US government.

Some of the major players in the North America TIC industry 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.

Scope of the Report

North America TIC Market Coverage

Sourcing Type Insight and Forecast 2018-2030

• In-House
• Outsourced

Service Type Insight and Forecast 2018-2030

• Testing
• Inspection
• Certification

Industry Vertical Insight and Forecast 2018-2030

• Agriculture & Food
• Construction
• Life Science
• Consumer Goods & Retail
• Transportation
• Energy
• Oil, Gas & Chemical
• Mining
• Environmental
• Others

Geographical Segmentation

North America TIC Market by Region

U.S.

• By Sourcing Type
• By Service Type
• By Industry Vertical

Canada

• By Sourcing Type
• By Service Type
• By Industry Vertical

Mexico

• By Sourcing Type
• By Service Type
• By Industry Vertical