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China (TIC) Market for Building & Construction Market to 2032

Overview

The China (TIC) Market for Building & Construction Market is expected to reach a 2.77 USD Billion by 2032 and is projected to grow at a CAGR of 12.24% from 2025 to 2032.

Revenue, 2024 (USD Billion)
1.50
Forecast, 2032 (USD Billion)
2.77
CAGR, 2024 - 2032
12.24%
Report Coverage
China

China (TIC) Market for Building & Construction Market 2018-2032 USD Billion

China (TIC) Market for Building & Construction Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 1.50 USD Billion
  • Projected Market Size (2032): 2.77 USD Billion
  • CAGR (2025-2032): 12.24%

Key Findings of China (TIC) Market for Building & Construction Market

  • The China (TIC) Market for Building & Construction Market was valued at 1.50 USD Billion in 2024.
  • The China (TIC) Market for Building & Construction Market is likely to grow at a CAGR of 12.24% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment In-House in Sourcing Type Segment accounted for the largest share of the market with a revenue of 1.15 USD Billion
  • The fastest growing segment Structural Testing in Testing Type Segment grew Fastest with a CAGR of 14.15% during the forecast period from 2024 to 2032.

China (TIC) Market for Building & Construction Market Scope

China (TIC) Market for Building & Construction Market Segmentation & Scope
Service Type
  • Certification
  • Inspection
  • Testing
Testing Type
  • Wind Load Testing
  • Acoustics Testing
  • Heat Pump Testing
  • Indoor Environment Testing
  • Fire Safety Testing
  • Engineering Support
  • Structural Testing
Sourcing Type
  • Outsourced
  • In-House
Application
  • Residential Buildings
  • Commercial Buildings
  • Infrastructural

China (TIC) Market for Building & Construction Market Data Coverage Insights

Study Period 2024-2032
Base Year 2020
Unit Revenue in USD Billion
Market Value in 2024 1.50 USD Billion
Market Value in 2032 2.77 USD Billion
CAGR (2025-2032) 12.24%
Historic Data 2016-2023
Market Segments Covered Service Type,Testing Type,Sourcing Type,Application

Regional Insights:

  • Leading Market (2024-2032): China, leading in terms of revenue 1.50 USD Billion in 2024
    • Key Country: China, leading in terms of revenue with value of 1,497.59 USD Million in 2024.

Segments and Scope

  • China (TIC) Market for Building & Construction Market to 2032, By Service Type
    • Testing is the largest segment in China (TIC) Market for Building & Construction Market to 2032 with a revenue of 661.37 USD Billion in the year 2024.
    • Testing is the Fastest growing segment in China (TIC) Market for Building & Construction Market to 2032 with a Growth rate of 13.22 % in forecast period 2025-2032.
  • China (TIC) Market for Building & Construction Market to 2032, By Testing Type
    • Structural Testing is the largest segment in China (TIC) Market for Building & Construction Market to 2032 with a revenue of 392.61 USD Billion in the year 2024.
    • Structural Testing is the Fastest growing segment in China (TIC) Market for Building & Construction Market to 2032 with a Growth rate of 14.15 % in forecast period 2025-2032.
  • China (TIC) Market for Building & Construction Market to 2032, By Sourcing Type
    • In-House is the largest segment in China (TIC) Market for Building & Construction Market to 2032 with a revenue of 1.15 USD Billion in the year 2024.
    • In-House is the Fastest growing segment in China (TIC) Market for Building & Construction Market to 2032 with a Growth rate of 12.83 % in forecast period 2025-2032.
  • China (TIC) Market for Building & Construction Market to 2032, By Application
    • Infrastructural is the largest segment in China (TIC) Market for Building & Construction Market to 2032 with a revenue of 687.89 USD Billion in the year 2024.
    • Infrastructural is the Fastest growing segment in China (TIC) Market for Building & Construction Market to 2032 with a Growth rate of 12.95 % in forecast period 2025-2032.

China (TIC) Market for Building & Construction Market Company Share Analysis

 
Company Name Company Share Analysis
Intertek Group plc
Lloyd's
TÜV SÜD
SGS Société Générale de Surveillance SA
BUREAU VERITAS
China (TIC) Market for Building & Construction Market Company Share Analysis

China (TIC) Market for Building & Construction Market Geographical Sales Distribution, 2018-2032 USD Billion

China (TIC) Market for Building & Construction Market Geographical Sales Distribution, 2018-2032 USD Billion

China (TIC) Market for Building & Construction Market Company Profiling

China (TIC) Market for Building & Construction Market Company Profiling

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Frequently Asked Questions
The China (TIC) Market for Building & Construction Market is segmented based on Segmentation Service Type,Testing Type,Sourcing Type,Application.
China (TIC) Market for Building & Construction Market was valued at USD 1.50(Revenue in USD Billion) in 2020.
China (TIC) Market for Building & Construction Market is projected to grow at a CAGR of 12.24% during the forecast period of 2024 to 2032.
The In-House segment is expected to dominate the China (TIC) Market for Building & Construction Market, holding a largest market share of 1.15 USD Billion in 2024

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China (TIC) Market for Building & Construction Market Scope

China (TIC) Market for Building & Construction Market Segmentation & Scope
Service Type
  • Certification
  • Inspection
  • Testing
Testing Type
  • Wind Load Testing
  • Acoustics Testing
  • Heat Pump Testing
  • Indoor Environment Testing
  • Fire Safety Testing
  • Engineering Support
  • Structural Testing
Sourcing Type
  • Outsourced
  • In-House
Application
  • Residential Buildings
  • Commercial Buildings
  • Infrastructural
Frequently Asked Questions
The China (TIC) Market for Building & Construction Market is segmented based on Segmentation Service Type,Testing Type,Sourcing Type,Application.
China (TIC) Market for Building & Construction Market was valued at USD 1.50(Revenue in USD Billion) in 2020.
China (TIC) Market for Building & Construction Market is projected to grow at a CAGR of 12.24% during the forecast period of 2024 to 2032.
The estimated market value of the China (TIC) Market for Building & Construction Market for final year is USD 2.77 (USD Billion).

China (TIC) Market for Building & Construction Market Company Profiling

China (TIC) Market for Building & Construction Market Company Profiling
Frequently Asked Questions
The China (TIC) Market for Building & Construction Market is segmented based on Segmentation Service Type,Testing Type,Sourcing Type,Application.
China (TIC) Market for Building & Construction Market was valued at USD 1.50(Revenue in USD Billion) in 2020.
China (TIC) Market for Building & Construction Market is projected to grow at a CAGR of 12.24% during the forecast period of 2024 to 2032.
The estimated market value of the China (TIC) Market for Building & Construction Market for final year is USD 2.77 (USD Billion).

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