US Electrical Electronics Testing Inspection Certification Market Summary
The US Electrical and Electronics Testing, Inspection, and Certification market is projected to grow significantly over the next decade.
Key Market Trends & Highlights
USElectrical & Electronics Testing, Inspection, and Certification (TIC) market Key Trends and Highlights
- The market is valued at 25 USD Billion in 2024 and is expected to reach 45 USD Billion by 2035.
- The compound annual growth rate (CAGR) for the period from 2025 to 2035 is estimated at 5.49 percent.
- This growth trajectory indicates a robust demand for testing, inspection, and certification services in the electrical and electronics sector.
- Growing adoption of advanced technologies due to increasing regulatory requirements is a major market driver.
Market Size & Forecast
2024 Market Size | 25 (USD Billion) |
2035 Market Size | 45 (USD Billion) |
CAGR (2025 - 2035) | 5.49% |
Major Players
Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)