Malaysia (TIC) Market for Building & Construction Market to 2032
Overview
The Malaysia (TIC) Market for Building & Construction Market is expected to reach a 460.62 USD Million by 2032 and is projected to grow at a CAGR of 7.13% from 2025 to 2032.
Revenue, 2024 (USD Million)
314.59
Forecast, 2032 (USD Million)
460.62
CAGR, 2024 - 2032
7.13%
Report Coverage
Malaysia
Malaysia (TIC) Market for Building & Construction Market 2018-2032 USD Million
Malaysia (TIC) Market for Building & Construction Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 314.59 USD Million
- Projected Market Size (2032): 460.62 USD Million
- CAGR (2025-2032): 7.13%
Key Findings of Malaysia (TIC) Market for Building & Construction Market
- The Malaysia (TIC) Market for Building & Construction Market was valued at 314.59 USD Million in 2024.
- The Malaysia (TIC) Market for Building & Construction Market is likely to grow at a CAGR of 7.13% 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 242.20 USD Million
- The fastest growing segment Structural Testing in Testing Type Segment grew Fastest with a CAGR of 8.85% during the forecast period from 2024 to 2032.
Malaysia (TIC) Market for Building & Construction Market Scope
Malaysia (TIC) Market for Building & Construction Market Segmentation & Scope
Application
- Residential Buildings
- Commercial Buildings
- Infrastructural
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
Service Type
- Certification
- Inspection
- Testing
Malaysia (TIC) Market for Building & Construction Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 314.59 USD Million |
| Market Value in 2032 | 460.62 USD Million |
| CAGR (2025-2032) | 7.13% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Application,Testing Type,Sourcing Type,Service Type |
Regional Insights:
-
Leading Market (2024-2032): Malaysia, leading in terms of revenue 314.59 USD Million in 2024
- Key Country: Malaysia, leading in terms of revenue with value of 314.59 USD Million in 2024.
Segments and Scope
-
Malaysia (TIC) Market for Building & Construction Market to 2032, By Application
- Infrastructural is the largest segment in Malaysia (TIC) Market for Building & Construction Market to 2032 with a revenue of 146.99 USD Million in the year 2024.
- Infrastructural is the Fastest growing segment in Malaysia (TIC) Market for Building & Construction Market to 2032 with a Growth rate of 8.16 % in forecast period 2025-2032.
-
Malaysia (TIC) Market for Building & Construction Market to 2032, By Testing Type
- Structural Testing is the largest segment in Malaysia (TIC) Market for Building & Construction Market to 2032 with a revenue of 85.98 USD Million in the year 2024.
- Structural Testing is the Fastest growing segment in Malaysia (TIC) Market for Building & Construction Market to 2032 with a Growth rate of 8.85 % in forecast period 2025-2032.
-
Malaysia (TIC) Market for Building & Construction Market to 2032, By Sourcing Type
- In-House is the largest segment in Malaysia (TIC) Market for Building & Construction Market to 2032 with a revenue of 242.20 USD Million in the year 2024.
- In-House is the Fastest growing segment in Malaysia (TIC) Market for Building & Construction Market to 2032 with a Growth rate of 7.69 % in forecast period 2025-2032.
-
Malaysia (TIC) Market for Building & Construction Market to 2032, By Service Type
- Testing is the largest segment in Malaysia (TIC) Market for Building & Construction Market to 2032 with a revenue of 140.10 USD Million in the year 2024.
- Testing is the Fastest growing segment in Malaysia (TIC) Market for Building & Construction Market to 2032 with a Growth rate of 8.05 % in forecast period 2025-2032.
Malaysia (TIC) Market for Building & Construction Market Company Share Analysis
| Company Name |
|
||
| Intertek Group plc | |||
| Lloyd's | |||
| TÜV SÜD | |||
| SGS Société Générale de Surveillance SA | |||
| BUREAU VERITAS | |||
Malaysia (TIC) Market for Building & Construction Market Geographical Sales Distribution, 2018-2032 USD Million
Malaysia (TIC) Market for Building & Construction Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Malaysia (TIC) Market for Building & Construction Market is segmented based on Segmentation Application,Testing Type,Sourcing Type,Service Type.
Malaysia (TIC) Market for Building & Construction Market was valued at USD 314.59(Revenue in USD Million) in 2020.
Malaysia (TIC) Market for Building & Construction Market is projected to grow at a CAGR of 7.13% during the forecast period of 2024 to 2032.
The In-House segment is expected to dominate the Malaysia (TIC) Market for Building & Construction Market, holding a largest market share of 242.20 USD Million in 2024
Coming Soon....
Malaysia (TIC) Market for Building & Construction Market Scope
Malaysia (TIC) Market for Building & Construction Market Segmentation & Scope
Application
- Residential Buildings
- Commercial Buildings
- Infrastructural
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
Service Type
- Certification
- Inspection
- Testing
Frequently Asked Questions
The Malaysia (TIC) Market for Building & Construction Market is segmented based on Segmentation Application,Testing Type,Sourcing Type,Service Type.
Malaysia (TIC) Market for Building & Construction Market was valued at USD 314.59(Revenue in USD Million) in 2020.
Malaysia (TIC) Market for Building & Construction Market is projected to grow at a CAGR of 7.13% during the forecast period of 2024 to 2032.
The estimated market value of the Malaysia (TIC) Market for Building & Construction Market for final year is USD 460.62 (USD Million).
Malaysia (TIC) Market for Building & Construction Market Company Profiling
Frequently Asked Questions
The Malaysia (TIC) Market for Building & Construction Market is segmented based on Segmentation Application,Testing Type,Sourcing Type,Service Type.
Malaysia (TIC) Market for Building & Construction Market was valued at USD 314.59(Revenue in USD Million) in 2020.
Malaysia (TIC) Market for Building & Construction Market is projected to grow at a CAGR of 7.13% during the forecast period of 2024 to 2032.
The estimated market value of the Malaysia (TIC) Market for Building & Construction Market for final year is USD 460.62 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.