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

Overview

The Mexico (TIC) Market for Building & Construction Market is expected to reach a 934.26 USD Million by 2032 and is projected to grow at a CAGR of 6.13% from 2025 to 2032.

Revenue, 2024 (USD Million)

669.51

Forecast, 2032 (USD Million)

934.26

CAGR, 2024 - 2032

6.13%

Report Coverage

Mexico

Mexico (TIC) Market for Building & Construction Market 2018-2032 USD Million

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

Market Growth and Projections:

Market Size (2024): 669.51 USD Million
Projected Market Size (2032): 934.26 USD Million
CAGR (2025-2032): 6.13%

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

The Mexico (TIC) Market for Building & Construction Market was valued at 934.26 USD Million in 2024.
The Mexico (TIC) Market for Building & Construction Market is likely to grow at a CAGR of 6.13% 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 515.27 USD Million
The fastest growing segment Structural Testing in Testing Type Segment grew Fastest with a CAGR of 7.83% during the forecast period from 2024 to 2032.

Mexico (TIC) Market for Building & Construction Market Scope

Mexico (TIC) Market for Building & Construction Market Segmentation & Scope

Application

Residential Buildings
Commercial Buildings
Infrastructural

Service Type

Certification
Inspection
Testing

Sourcing Type

Outsourced
In-House

Testing Type

Wind Load Testing
Acoustics Testing
Heat Pump Testing
Indoor Environment Testing
Fire Safety Testing
Engineering Support
Structural Testing

Mexico (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	669.51 USD Million
Market Value in 2032	934.26 USD Million
CAGR (2025-2032)	6.13%
Historic Data	2016-2023
Market Segments Covered	Application,Service Type,Sourcing Type,Testing Type

Regional Insights:

Leading Market (2024-2032): Mexico, leading in terms of revenue 669.51 USD Million in 2024
- Key Country: Mexico, leading in terms of revenue with value of 669.51 USD Million in 2024.

Segments and Scope

Mexico (TIC) Market for Building & Construction Market to 2032, By Application
- Infrastructural is the largest segment in Mexico (TIC) Market for Building & Construction Market to 2032 with a revenue of 312.44 USD Million in the year 2024.
- Infrastructural is the Fastest growing segment in Mexico (TIC) Market for Building & Construction Market to 2032 with a Growth rate of 7.15 % in forecast period 2025-2032.
Mexico (TIC) Market for Building & Construction Market to 2032, By Service Type
- Testing is the largest segment in Mexico (TIC) Market for Building & Construction Market to 2032 with a revenue of 297.76 USD Million in the year 2024.
- Testing is the Fastest growing segment in Mexico (TIC) Market for Building & Construction Market to 2032 with a Growth rate of 7.04 % in forecast period 2025-2032.
Mexico (TIC) Market for Building & Construction Market to 2032, By Sourcing Type
- In-House is the largest segment in Mexico (TIC) Market for Building & Construction Market to 2032 with a revenue of 515.27 USD Million in the year 2024.
- In-House is the Fastest growing segment in Mexico (TIC) Market for Building & Construction Market to 2032 with a Growth rate of 6.68 % in forecast period 2025-2032.
Mexico (TIC) Market for Building & Construction Market to 2032, By Testing Type
- Structural Testing is the largest segment in Mexico (TIC) Market for Building & Construction Market to 2032 with a revenue of 182.60 USD Million in the year 2024.
- Structural Testing is the Fastest growing segment in Mexico (TIC) Market for Building & Construction Market to 2032 with a Growth rate of 7.83 % in forecast period 2025-2032.

Mexico (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

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

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

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Frequently Asked Questions

What are the primary segments covered in the Mexico (TIC) Market for Building & Construction Market?

The Mexico (TIC) Market for Building & Construction Market is segmented based on Segmentation Application,Service Type,Sourcing Type,Testing Type.

What is the current market size of the Mexico (TIC) Market for Building & Construction Market?

Mexico (TIC) Market for Building & Construction Market was valued at USD 669.51(Revenue in USD Million) in 2020.

What is the expected growth rate of the Mexico (TIC) Market for Building & Construction Market?

Mexico (TIC) Market for Building & Construction Market is projected to grow at a CAGR of 6.13% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Mexico (TIC) Market for Building & Construction Market?

The In-House segment is expected to dominate the Mexico (TIC) Market for Building & Construction Market, holding a largest market share of 515.27 USD Million in 2024

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