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Assurance, Testing, Inspection and Certification (ATIC) Services Market Share Expands as Global Compliance and Quality Demands Intensify | Valuates Reports
Assurance, Testing, Inspection and Certification (ATIC) Services MarketThe global Assurance, Testing, Inspection and Certification (ATIC) Services market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
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Market Size and Industry Context:
The Assurance, Testing, Inspection, and Certification (ATIC) services market is experiencing steady growth, driven by increasing regulatory requirements and the globalization of supply chains. Industries such as manufacturing, automotive, pharmaceuticals, and consumer goods are seeking ATIC services to ensure product quality, safety, and compliance with international standards. This trend is further amplified by the rising complexity of products and the need for companies to maintain brand reputation and customer trust.
Market Share and Regional Overview:
In terms of market share, Europe and North America currently lead the ATIC services market, attributed to stringent regulatory frameworks and a strong emphasis on quality assurance. However, the Asia-Pacific region is rapidly emerging as a significant player, fueled by industrial growth and increasing export activities. The demand for ATIC services is particularly strong in sectors where adherence to safety and quality standards is critical, such as healthcare, food and beverage, and energy.
Market Growth, Analysis, and Revenue Insights:
The market is poised for continued growth, supported by technological advancements and the integration of digital tools in testing and inspection processes. Companies are increasingly investing in in-house ATIC capabilities to gain better control over quality assurance and reduce time-to-market. Revenue growth is expected to be robust, as businesses prioritize compliance and risk management in an increasingly complex regulatory landscape.
By Company
SGS
Bureau Veritas
DNV
TÜV SÜD
UL
Dekra
Intertek
Applus+ Laboratories
TÜV Rheinland
Kiwa
Eurofins
ALS Global
TÜV NORD
LRQA (Goldman Sachs)
SIRIM QAS
CCIC
Guangzhou Grg Metrology & Test
Centre Testing International Group
By Type
Mandatory
Market
By Application
Automotive
Food
Energy
Architecture
Medical
Others
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