![Global Aerospace and Life Sciences Testing, Inspection, and Certification Market](https://res.cloudinary.com/devmoveo/image/upload/v1674447492/skyquest/gallery/Global-Aerospace-and-Life-Sciences-Testing-Inspection-and-Certification-Market.jpg)
Report ID: SQMIG20A2095
Report ID:
SQMIG20A2095 |
Region:
Global |
Published Date: February, 2024
Pages:
211
|
Tables:
88 |
Figures:
76
Aerospace and Life Sciences Testing, Inspection, and Certification Market size was valued at USD 33.17 billion in 2019 and is poised to grow from USD 34.6 billion in 2023 to USD 48.4 billion by 2031, growing at a CAGR of 4.3% in the forecast period (2024-2031).
Testing, inspection, and certification are abbreviated as TIC; hence aerospace and life sciences TIC refers to those services that make sure the safety of people traveling by air.
These services enhance and contribute to the improvement of aerospace services and operations. Furthermore, the increasing adoption of sophisticated technologies in aerospace and life sciences is the primary driver of the growth of the market.
The advent of new and upgraded TIC services in the verge of the coronavirus pandemic has created even more profitable business opportunities for the growth of the market. Increased spending on research and development capabilities for the technology involved in safety mechanisms will also aid market growth.
US Aerospace and Life Sciences Testing, Inspection, and Certification Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONAerospace and Life Sciences Testing, Inspection, and Certification Market size was valued at USD 33.17 billion in 2019 and is poised to grow from USD 34.6 billion in 2023 to USD 48.4 billion by 2031, growing at a CAGR of 4.3% in the forecast period (2024-2031).
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Report ID: SQMIG20A2095