Global Aerospace & Life Sciences Testing, Inspection, and Certification (TIC) Market to Surpass $59.3 Billion by 2027 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Aerospace & Life Sciences Testing, Inspection, and Certification (TIC) - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.

The Global Aerospace & Life Sciences Testing, Inspection and Certification (TIC) market accounted for $33.79 billion in 2019 and is expected to reach $59.37 billion by 2027 growing at a CAGR of 7.3% during the forecast period.

Some of the factors propelling the growth of the market are increasing demand for high-quality medical devices in life sciences applications across developing countries, growing consumption of goods in emerging countries and rising product safety and quality concerns across the globe. However, different standards and regulations across geographies are hampering the growth of the market.

Based on the sourcing type, the in-house segment is anticipated to hold considerable market share during the forecast period as it is helpful to maintain higher visibility and a higher degree of control over processes and improves the delivery performance.

By geography, Asia-Pacific is going to have a lucrative growth during the forecast period due to the strong support from the government to promote the development of aviation industry, increasing initiatives to maintain innovative research and increase professional networks and the increasing number of small and medium enterprises (SME) in the aerospace industry.

Some of the key players profiled in the Aerospace & Life Sciences Testing, Inspection and Certification (TIC) Market include Medistri SA, Applus+ Group, SGS, Mistras, Envigo, Inc., Intertek Group PLC, Gateway Analytical LLC., Eurofins Scientific, Element Materials Technology, DNV GL Group, Bureau Veritas Group and Avomeen Analytical Services.

What the report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company Profiling with detailed strategies, financials and recent developments
• Supply chain trends mapping the latest technological advancements

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Application Analysis

3.7 Emerging Markets

3.8 Impact of COVID-19

4 Porters Five Force Analysis

5 Global Aerospace & Life Sciences Testing, Inspection, And Certification (TIC) Market, By Service Type

5.1 Introduction

5.2 Testing Services

5.3 Inspection Services

5.4 Certification Services

5.5 Other Services

5.5.1 Technical Assistance & Training Services

5.5.2 Quality-Safety-Health-&-Environment Services

5.5.3 Project Management Services

5.5.4 Consulting Services

5.5.5 Auditing Services

5.5.6 Asset Integrity Management Services

6 Global Aerospace & Life Sciences Testing, Inspection, And Certification (TIC) Market, By Sourcing Type

6.1 Introduction

6.2 Outsourced

6.3 In-house

7 Global Aerospace & Life Sciences Testing, Inspection, And Certification (TIC) Market, By Application

7.1 Introduction

7.2 Aerospace

7.2.1 Aviation Management Services

7.2.2 Aerospace Manufacturing Services

7.3 Medical & Life Sciences

7.3.1 Medical Devices

7.3.2 Laboratory Services

7.3.3 Health, Beauty & Wellness

7.3.4 Clinical Services

7.3.5 Biopharmaceutical & Pharmaceutical Services

8 Global Aerospace & Life Sciences Testing, Inspection, And Certification (TIC) Market, By Geography

8.1 Introduction

8.2 North America

8.3 Europe

8.4 Asia-Pacific

8.5 South America

8.6 Middle East & Africa

9 Key Developments

9.1 Agreements, Partnerships, Collaborations and Joint Ventures

9.2 Acquisitions & Mergers

9.3 New Product Launch

9.4 Expansions

9.5 Other Key Strategies

10 Company Profiling

10.1 Medistri SA

10.2 Applus+ Group

10.3 SGS

10.4 Mistras

10.5 Envigo, Inc.

10.6 Intertek Group PLC

10.7 Gateway Analytical LLC

10.8 Eurofins Scientific

10.9 Element Materials Technology

10.10 DNV GL Group

10.11 Bureau Veritas Group

10.12 Avomeen Analytical Services

For more information about this report visit https://www.researchandmarkets.com/r/iyfzau