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Global TIC Market for Electronics & Electrical Products Industry

Europe also holds a significant share in the TIC market for electronics and electrical products as Germany is one of the leading contributors in the field of information and technology and major key players in the field of semiconductors, power electronics, and ICT are in the region.<br><br>Some of the key players operating in the TIC market in the electronics & electrical industry: Intertek Group plc, Bureau Veritas, UL LLC, SGS SA, Eurofins Scientific, TUV Rheinland, DEKRA SE, TUV Nord, Applus , and DNV GL.

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Global TIC Market for Electronics & Electrical Products Industry

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  1. TIC Market for Electronics & Electrical Products Industry

  2. About VynZ Research… • VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. • VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. • A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various sources including cross checking with different industry experts. • Serving wide range of customers most of them from Fortune 2000 companies • With a dedicated 24x7 customer helpline our customers can reach for specifying their needs • Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at gaining and retaining its clients in order to make long term customer relationship.

  3. TIC Market for Electronics & Electrical Products Industry The TIC market for the electronics & electrical products industry is expected to witness a CAGR of 5.1% during the forecast period. Testing, inspection, and Certification market in electronics & electricals products provide compliance in testing, auditing, inspection, quality assurance, and certification services. TIC services are used in various industrial verticals to enhance productivity and efficiency in the manufacturing process. This will result in meeting internationally accepted standards, regulations, and policies set by the government to improve the product quality. TIC market for electronics and electrical products is growing owing to the mounting demand for household appliance testing and the rising adoption of equipment validation. The growing smart home projects will fuel the market growth in electronics and electrical products over the projected period.

  4. TIC Market for Electronics & Electrical Products Industry The COVID-19 pandemic has disrupted the production and the supply chain globally. This has led the companies to rethink and should work on optimizing the asset, managing the cost, and take strategic initiatives resulting in the growth of TIC services in the electronics & electrical products industry. Moreover, TIC market is observing growth during the COVID 19 crisis owing to digitalization and development of services such as remote auditing, visual inspection, virtual inspections, etc. Bureau Veritas announced that they will provide their expertise to the Eolmed project. It will consist of three wind turbines with a combined capacity of 30MW and will be able to satisfy the energy needs of 50,000 people. The wind turbines will be mounted on floating platforms more than 18 km from the shore and grounded at an average depth of 60 meters.

  5. TIC Market for Electronics & Electrical Products Industry Europe also holds a significant share in the TIC market for electronics and electrical products as Germany is one of the leading contributors in the field of information and technology and major key players in the field of semiconductors, power electronics, and ICT are in the region. Some of the key players operating in the TIC market in the electronics & electrical industry: Intertek Group plc, Bureau Veritas, UL LLC, SGS SA, Eurofins Scientific, TUV Rheinland, DEKRA SE, TUV Nord, Applus+, and DNV GL.

  6. For Sample Report :- https://www.vynzresearch.com/semiconductor-electronics/tic-market-for-electronics-electrical-products-industry/request-sample www.vynzresearch.com

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