Remote Testing Inspection and Certification Market Forecast for Size and Growth by 2024

The global remote Testing, Inspection, and Certification (TIC) market size was valued at USD 72.40 billion in 2021. The market is projected to grow from USD 85.08 billion in 2022 to USD 281.17 billion by 2029, exhibiting a CAGR of 18.6% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with remote Testing, Inspection, and Certification experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. Based on our analysis, the global remote TIC market exhibited a decline of 10.4% in 2020 as compared to 2019.

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Industry developments of remote testing inspection and certification market:

• SGS acquired Gas Analysis Services (GAS), an Ireland-based gas assessment testing and instrumentation provider. The goal of this acquisition is to improve the company’s expertise in high purity gas testing as well as vital skills and knowledge.
• Intertek Group plc and Meydan Hotels & Hospitality collaborated to deliver protek safety and health certification. Meydan’s POSI-Check software helps the company to detect health and safety risks, as well as plan, prioritize, and manage its infection-prevention policies across all of its hospitality operations.
• Socotec Italia completed the acquisition of Tecnolab Srl, an Italian organization that specializes in geotechnical services and building material testing to strengthen its position in the Italy infrastructure market. As a result of this acquisition, customers will benefit from improved experience, production capacity, and customer reactivity.
• TUV SUD AG entered into a partnership with ViewSonic Corporation to build the testing of color blindness in monitors and set updated testing methods for the electronics sector. ViewSonic’s color blindness function has two modes, a simulation mode for creators and a color filter mode for CVD users. ViewSonic’s professional ColorProTM models VP2768a, VP2468a, and VP3481a have this capability.
• Bureau Veritas partnered with the Airports Council International (ACI) to launch Airport Health Measures Audit Program to help airport recovery post-pandemic. The program aimed to ensure the implementation of health and safety measures.

Top Companies of remote testing inspection and certification market:

• SGS SA (Switzerland)
• Bureau Veritas (France)
• DEKRA (Germany)
• Intertek  Group PLC (U.K.)
• TÜV SÜD AG(Germany)
• Applus+ (Spain)
• DNV(Norway)
• Socotec Group (France)
• Cotecna (Switzerland)
• Element Materials Technology (U.K.)
• Super.AI. (U.S.)

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Remote Testing Inspection and Certification Market Segmentation

Remote Testing, Inspection, and Certification (TIC) Market Share, Size & COVID-19 Impact Analysis, By Device (UAVs/Drones, Remotely Operated Underwater Vehicles, Robotic Crawlers, Robotic Arms, & Remote Cameras), By Service Type (Testing, Inspection, and Certification), By Sourcing Type (In-house & Outsource), By Technology (Cloud & Cybersecurity, Big Data & Analytics, Blockchain, VR/AR, 5G/6G Networks), By Industry (Consumer Goods & Retail, Agriculture & Food, Oil & Gas, Manufacturing, Aerospace, Healthcare, Chemicals etc), and Regional Forecast Between, 2022– 2029

Reasons to buy this report:

The present state of the market, trends, growth areas, and competitive dynamics in the remote testing inspection and certification market are all thoroughly examined in this report. It helps companies to see areas for expansion and improvement while pointing out possible difficulties and dangers. The report’s evaluation of product portfolios and business segments helps stakeholders make better-informed investments and market strategies.

Developing successful success strategies in the remote testing inspection and certification market can be facilitated and decision-making greatly enhanced by having a solid understanding of the industry dynamics described in the report. All things considered, this report is a great resource for anyone looking for in-depth knowledge about this quickly evolving industry.

Regional Atributes:

• North America (By Device, By Service Type, By Sourcing Type, By Technology, By Industry)
  • U.S.
  • Canada
  • Mexico
• South America (By Device, By Service Type, By Sourcing Type, By Technology, By Industry)
  • Brazil
  • Argentina
  • Rest of South America
• Europe (By Device, By Service Type, By Sourcing Type, By Technology, By Industry)
  • U.K.
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Benelux
  • Nordics
  • Rest of Europe
• Middle East & Africa (By Device, By Service Type, By Sourcing Type, By Technology, By Industry)
  • Turkey
  • Israel
  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East and Africa
• Asia Pacific (By Device, By Service Type, By Sourcing Type, By Technology, By Industry)
  • China
  • India
  • Japan
  • South Korea
  • ASEAN
  • Rest of Asia Pacific

Table of Contents:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
• Key Insights
  • Key Industry Developments – Merger, Acquisitions, and Partnerships
  • Porter’s Five Forces Analysis
  • SWOT Analysis
  • Technological Developments
  • Value Chain Analysis

TOC Continued…!

Remote Testing Inspection and Certification Market Drivers and restrains:

• Driver: Increased Demand for Remote SolutionsThe rising need for remote services due to geographical constraints and global events, such as the COVID-19 pandemic, boosts the demand for remote testing, inspection, and certification services.
• Driver: Technological AdvancementsAdvancements in digital technologies, including AI, machine learning, and remote sensing, enhance the capabilities and reliability of remote testing and inspection processes.
• Driver: Cost EfficiencyRemote testing and certification can significantly reduce operational costs by minimizing the need for travel and on-site inspections, making it a cost-effective solution for many businesses.
• Restraint: Data Security ConcernsEnsuring the security and confidentiality of data during remote testing and certification processes can be challenging, posing risks to both clients and service providers.
• Restraint: Limited Scope for Certain InspectionsSome testing and inspection procedures may require physical presence or hands-on assessments, limiting the applicability and effectiveness of remote solutions for these scenarios.

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