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Aerospace and Life Sciences Tic Market

Aerospace and Life Sciences TIC Market

Aerospace and Life Sciences TIC Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

145

Base Year:

2022

Date

Mar - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1365

Segments Covered
  • By Sourcing Type By Sourcing Type In-house services, Outsourced services
  • By Service Type By Service Type Testing, Inspection, Certification, Others
  • By Application By Application Medical and Life Sciences, Aerospace, Aerospace and life sciences
Snapshot
Base YearBase Year: 2022
Forecast YearsForecast Years: 2023 - 2030
Historical YearsHistorical Years: 2017 - 2021
Revenue 2022Revenue 2022: USD 32122.03 Million
Revenue 2030Revenue 2030: USD 41327.64 Million
Revenue CAGRRevenue CAGR (2023 - 2030): 3.20%
Fastest Growing Region Fastest Growing Region (2023 - 2030) Asia Pacific
Largest Region Largest Region (2022): North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst

Research Methodology: Aerospace and Life Sciences TIC Market by Sourcing Type by Service Type by Application - Global Market Assessment, 2021 - 2028

Secondary Research

Primary Research:

At the later stage, the primary research is conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills the following data requirements:


  • Overall Aerospace and Life Sciences TIC market size and regional/segmental trends
  • Company market share and competitive scenario
  • Validate and authorization of secondary research outcomes and findings
  • Further data collection and expertise development & market understandings

Data Triangulation and Market Size Estimations

Top-down and bottom-up approaches are used to validate and estimate the market size of the Aerospace and Life Sciences TIC market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. The data was triangulated by employing various data models and statistical techniques to arrive at exact statics and market size for each segment/sub-segment of the market. 

FAQ
Frequently Asked Question
  • The global Aerospace and Life Sciences TIC valued at USD 32122.03 Million in 2022 and is expected to reach USD 41327.64 Million in 2030 growing at a CAGR of 3.20%.

  • The prominent players in the market are SGS (Switzerland), Bureau Veritas (France), Intertek (UK), TÃœV NORD (Germany), TÃœV SUD (Germany), Eurofins Scientific (Luxembourg), TÃœV Rheinland (Germany), Applus+ (Spain), Element Material Technology (UK), DNV GL (Norway), UL (US), ALS Ltd. (Australia) and MISTRAS (US).

  • The market is project to grow at a CAGR of 3.20% between 2023 and 2030.

  • The driving factors of the Aerospace and Life Sciences TIC include

    • rising adoption of advanced technologies in the aerospace and life sciences

  • North America was the leading regional segment of the Aerospace and Life Sciences TIC in 2022.