Testing, Inspection & Certification (TIC) Market

Industry Overview

The worldwide Testing, Inspection, and Certification (TIC) Market witnessed significant growth, reaching a valuation of USD 241.0 billion in 2023, with a robust CAGR of 6.3% throughout the forecast period. This remarkable expansion can be attributed to multiple factors, including the rapid urbanization in emerging economies and the increasing preference of leading manufacturing firms towards outsourcing and product diversification. Moreover, the prevalence of product counterfeiting across various regions and the stringent governmental regulations aimed at upholding product quality standards have further fueled the global demand for Testing, Inspection, and Certification services.

Testing, Inspection & Certification service is a conventional assessment group which offer services ranging from auditing and inspection, to testing, verification, quality assurance and certification. The service is performed by both in-house and from third-party vendors.

Market Segmentation

Insight by Service

On the basis of service, the market is segmented into testing, inspection, and certification. Among these services, certification segment captures largest market share in 2022 and is expected to grow at fastest rate during the forecast period, owing to growing trend of product manufacturers adherence to the certain set of compliance, as stated by government bodies and industry organizations.

Insight by Source Type

On the basis of source type, the market is bifurcated into in-house and outsourced. Among these, in-house accounted for the foremost share in the testing, inspection & certification market in 2020 with large number of tier-1 and tier-2 players having their in-house TIC division. However, outsource service is growing at fast pace and is expected to surpass the in-house service market share next 10 in years to come with large number of budding TIC companies. 

Global Testing, Inspection & Certification (TIC) Market Report Coverage

Industry Dynamics

Industry Trends

Two major trends prevailing in TIC market currently is growing adoption of “Digital TIC” with integration of advanced technology such as AR, VR, drones and so on in testing, inspection and certification service. Another trend ruling the market is outsourcing service, around 40% of the TIC service in market is outsourced in 2019 and similar trend will be seen during the forecast period.  

Growth Drivers

The TIC market is experiencing significant growth due to increasing urbanization in developed and developing economies, leading to a wider variety of products in the market. Additionally, the implementation of strict government regulations to ensure product standards will have a significant impact on testing, inspection, and progress in the market in the near future.

Challenges

Changing regulations and standards in different regions is acting as a challenge for the manufacturers since, the TIC body has to abide by diverse regulations followed regionally. Further, complex ecosystem is another restraint to the market and restrict the testing, inspection & certification market growth to large extent.

Geographic Overview

Geographically, APAC, is the largest and fastest growing testing, inspection & certification market with largest number of small and large product manufacturers residing in the region. Further, administration of several countries in the region are inspiring companies across the globe to make investment in the region. This will further up surge the growth of the China Testing, Inspection & Certification (TIC) market in years to come. 

Further, US and Europe hold the second and third largest testing, inspection & certification market share respectively. 

Competitive Insight

Key players in the in the testing, inspection & certification market is highly fragmented with both in-house TIC service providers who has partnership or is part of manufacturing companies and the third-party service providers from where service is outsourced based on the requirement. Further, merger & acquisition are key strategies adopted by the product manufacturers in the market. The three major players operating in the market are SGS Group, Bureau Veritas SA, and Intertek. These three companies together hold one-fourth market share. Whereas, the top 10 global players account for around 40% of the TIC market. The industry has large number of global as well regional players offering service to diverse industry segment. On the other hand, small players has focus on one particular region or industry.

Some of the key players operating in the testing, inspection & certification market are ALS Limited, Applus Plus, Bureau Veritas SA, DNV GL, Element Materials Technology, Eurofins Scientific, Intertek, Lloyd’s Register Group Limited, MISTRAS, SGS Group, TUV NORD Group, TUV SUD Group, TUV Rheinland Group, and UL LLC.

Primary Research

VynZ Research conducts extensive primary research to understand the market dynamics, validate market data and have key opinions from the industry experts. The key profiles approached within the industry includes, CEO, CFO, CTO, President, Vice President, Product Managers, Regional Heads and Others. Also, end user surveys comprising of consumers are also conducted to understand consumer behaviour.

The Testing, Inspection & Certification (TIC) Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

Segments Covered in the Report

• By Service
  • Testing
  • Inspection
  • Certification
• By Source Type
  • In-House
  • Outsourced
• By Application
  • Automotive
  • Aerospace
  • IT & Telecom
  • Transportation & Logistics
  • Sports & Entertainment
  • Agriculture & Food
  • Chemicals
  • Construction
  • Retail & Consumer Goods
  • Government & Public Sector
  • Energy & Power
  • Industrial
  • Pharmaceuticals
  • Metal & Mining
  • Others

Region Covered in the Report

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World (RoW)
  • Brazil
  • Saudi Arabia
  • South Africa
  • U.A.E.
  • Other Countries

Source: VynZ Research

Source: VynZ Research

1.    Research Overview 
        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By Service
                1.2.2.    By Source Type 
                1.2.3.    By Application
                1.2.4.    By Region
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Market Methodology
                1.5.1.    Data Sources
                        1.5.1.1.    Primary Research
                        1.5.1.2.    Secondary Research
                1.5.2.    Methodology
                        1.5.2.1.    Data Exploration
                        1.5.2.2.    Forecast Parameters
                        1.5.2.3.    Data Validation
                        1.5.2.4.    Assumptions
                1.5.3.    Study Period & Data Reporting Unit
2.    Executive Summary
3.    Industry Overview
        3.1.    Industry Dynamics
                3.1.1.    Market Growth Drivers
                3.1.2.    Market Restraints
                3.1.3.    Key Market Trends
                3.1.4.    Major Opportunities
        3.2.    Industry Ecosystem
                3.2.1.    Porter’s Five Forces Analysis
                3.2.2.    Recent Development Analysis
                3.2.3.    Value Chain Analysis
        3.3.    Competitive Insight
                3.3.1.    Competitive Position of Industry Players
                3.3.2.    Market Attractive Analysis
                3.3.3.    Market Share Analysis
4.    Global Market Estimate and Forecast
        4.1.    Global Market Overview
        4.2.    Global Market Estimate and Forecast to 2030
5.    Market Segmentation Estimate and Forecast
        5.1.    By Service
                5.1.1.    Testing
                        5.1.1.1.    Market Definition
                        5.1.1.2.    Market Estimation and Forecast to 2030
                5.1.2.    Inspection
                        5.1.2.1.    Market Definition
                        5.1.2.2.    Market Estimation and Forecast to 2030
                5.1.3.    Certification
                        5.1.3.1.    Market Definition
                        5.1.3.2.    Market Estimation and Forecast to 2030
        5.2.    By Source Type 
                5.2.1.    In-House
                        5.2.1.1.    Market Definition
                        5.2.1.2.    Market Estimation and Forecast to 2030
                5.2.2.    Outsourced
                        5.2.2.1.    Market Definition
                        5.2.2.2.    Market Estimation and Forecast to 2030
        5.3.    By Application
                5.3.1.    Automotive
                        5.3.1.1.    Market Definition
                        5.3.1.2.    Market Estimation and Forecast to 2030
                5.3.2.    Aerospace
                        5.3.2.1.    Market Definition
                        5.3.2.2.    Market Estimation and Forecast to 2030
                5.3.3.    IT & Telecom
                        5.3.3.1.    Market Definition
                        5.3.3.2.    Market Estimation and Forecast to 2030
                5.3.4.    Transportation & Logistics
                        5.3.4.1.    Market Definition
                        5.3.4.2.    Market Estimation and Forecast to 2030
                5.3.5.    Sports & Entertainment
                        5.3.5.1.    Market Definition
                        5.3.5.2.    Market Estimation and Forecast to 2030
                5.3.6.    Agriculture & Food
                        5.3.6.1.    Market Definition
                        5.3.6.2.    Market Estimation and Forecast to 2030
                5.3.7.    Chemicals
                        5.3.7.1.    Market Definition
                        5.3.7.2.    Market Estimation and Forecast to 2030
                5.3.8.    Retail & Consumer Goods
                        5.3.8.1.    Market Definition
                        5.3.8.2.    Market Estimation and Forecast to 2030
                5.3.9.    Government & Public Sector
                        5.3.9.1.    Market Definition
                        5.3.9.2.    Market Estimation and Forecast to 2030
                5.3.10.    Energy & Power
                        5.3.10.1.    Market Definition
                        5.3.10.2.    Market Estimation and Forecast to 2030
                5.3.11.    Industrial
                        5.3.11.1.    Market Definition
                        5.3.11.2.    Market Estimation and Forecast to 2030
                5.3.12.    Pharmaceuticals
                        5.3.12.1.    Market Definition
                        5.3.12.2.    Market Estimation and Forecast to 2030
                5.3.13.    Metal & Mining
                        5.3.13.1.    Market Definition
                        5.3.13.2.    Market Estimation and Forecast to 2030
                5.3.14.    Others
                        5.3.14.1.    Market Definition
                        5.3.14.2.    Market Estimation and Forecast to 2030
6.    North America Market Estimate and Forecast
        6.1.    Market Overview
        6.2.    Analysis & Forecast to 2030
                6.2.1.    By Service
                6.2.2.    By Source Type 
                6.2.3.    By Application
                6.2.4.    By Country
                6.2.5.    U.S. Market Estimate and Forecast 
                        6.2.5.1.    By Service
                        6.2.5.2.    By Source Type 
                        6.2.5.3.    By Application
                6.2.6.    Canada Market Estimate and Forecast
                        6.2.6.1.    By Service
                        6.2.6.2.    By Source Type 
                        6.2.6.3.    By Application
                6.2.7.    Mexico Market Estimate and Forecast
                        6.2.7.1.    By Service
                        6.2.7.2.    By Source Type 
                        6.2.7.3.    By Application
7.    Europe Market Estimate and Forecast
        7.1.    Market Overview
        7.2.    Analysis & Forecast to 2030
                7.2.1.    By Service
                7.2.2.    By Source Type 
                7.2.3.    By Application
                7.2.4.    By Country
                7.2.5.    Germany Market Estimate and Forecast
                        7.2.5.1.    By Service
                        7.2.5.2.    By Source Type 
                        7.2.5.3.    By Application
                7.2.6.    France Market Estimate and Forecast
                        7.2.6.1.    By Service
                        7.2.6.2.    By Source Type 
                        7.2.6.3.    By Application
                7.2.7.    U.K. Market Estimate and Forecast
                        7.2.7.1.    By Service
                        7.2.7.2.    By Source Type 
                        7.2.7.3.    By Application
                7.2.8.    Italy Market Estimate and Forecast
                        7.2.8.1.    By Service
                        7.2.8.2.    By Source Type 
                        7.2.8.3.    By Application
                7.2.9.    Spain Market Estimate and Forecast
                        7.2.9.1.    By Service
                        7.2.9.2.    By Source Type 
                        7.2.9.3.    By Application
                7.2.10.    Rest of Europe Market Estimate and Forecast
                        7.2.10.1.    By Service
                        7.2.10.2.    By Source Type 
                        7.2.10.3.    By Application
8.    Asia-Pacific Market Estimate and Forecast
        8.1.    Market Overview
        8.2.    Analysis & Forecast to 2030
                8.2.1.    By Service
                8.2.2.    By Source Type 
                8.2.3.    By Application
                8.2.4.    By Country
                8.2.5.    China Market Estimate and Forecast
                        8.2.5.1.    By Service
                        8.2.5.2.    By Source Type 
                        8.2.5.3.    By Application
                8.2.6.    Japan Market Estimate and Forecast
                        8.2.6.1.    By Service
                        8.2.6.2.    By Source Type 
                        8.2.6.3.    By Application
                8.2.7.    India Market Estimate and Forecast
                        8.2.7.1.    By Service
                        8.2.7.2.    By Source Type 
                        8.2.7.3.    By Application
                8.2.8.    South Korea Market Estimate and Forecast
                        8.2.8.1.    By Service
                        8.2.8.2.    By Source Type 
                        8.2.8.3.    By Application
                8.2.9.    Singapore Market Estimate and Forecast
                        8.2.9.1.    By Service
                        8.2.9.2.    By Source Type 
                        8.2.9.3.    By Application
                8.2.10.    Rest of Asia-Pacific Market Estimate and Forecast
                        8.2.10.1.    By Service
                        8.2.10.2.    By Source Type 
                        8.2.10.3.    By Application
9.    Rest of the World (RoW) Market Estimate and Forecast
        9.1.    Market Overview
        9.2.    Analysis & Forecast to 2030
                9.2.1.    By Service
                9.2.2.    By Source Type 
                9.2.3.    By Application
                9.2.4.    By Country
                9.2.5.    Brazil Market Estimate and Forecast
                        9.2.5.1.    By Service
                        9.2.5.2.    By Source Type 
                        9.2.5.3.    By Application
                9.2.6.    Saudi Arabia Market Estimate and Forecast
                        9.2.6.1.    By Service
                        9.2.6.2.    By Source Type 
                        9.2.6.3.    By Application
                9.2.7.    South Africa Market Estimate and Forecast
                        9.2.7.1.    By Service
                        9.2.7.2.    By Source Type 
                        9.2.7.3.    By Application
                9.2.8.    Other Countries Market Estimate and Forecast
                        9.2.8.1.    By Service
                        9.2.8.2.    By Source Type 
                        9.2.8.3.    By Application
10.    Company Profiles
        10.1.    ALS Limited
                10.1.1.    Company Snapshot
                10.1.2.    Business Overview
                10.1.3.    Products & Services Offered
                10.1.4.    Financial Insight
                10.1.5.    Recent Developments
        10.2.    Applus+ 
                10.2.1.    Company Snapshot
                10.2.2.    Business Overview
                10.2.3.    Products & Services Offered
                10.2.4.    Financial Insight
                10.2.5.    Recent Developments
        10.3.    Bureau Veritas SA
                10.3.1.    Company Snapshot
                10.3.2.    Business Overview
                10.3.3.    Products & Services Offered
                10.3.4.    Financial Insight
                10.3.5.    Recent Developments
        10.4.    DNV GL
                10.4.1.    Company Snapshot
                10.4.2.    Business Overview
                10.4.3.    Products & Services Offered
                10.4.4.    Financial Insight
                10.4.5.    Recent Developments
        10.5.    Element Materials Technology
                10.5.1.    Company Snapshot
                10.5.2.    Business Overview
                10.5.3.    Products & Services Offered
                10.5.4.    Financial Insight
                10.5.5.    Recent Developments
        10.6.    Eurofins Scientific
                10.6.1.    Company Snapshot
                10.6.2.    Business Overview
                10.6.3.    Products & Services Offered
                10.6.4.    Financial Insight
                10.6.5.    Recent Developments
        10.7.    Intertek
                10.7.1.    Company Snapshot
                10.7.2.    Business Overview
                10.7.3.    Products & Services Offered
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments
        10.8.    Keystone Compliance
                10.8.1.    Company Snapshot
                10.8.2.    Business Overview
                10.8.3.    Products & Services Offered
                10.8.4.    Financial Insight
                10.8.5.    Recent Developments
        10.9.    Lloyd’s Register Group Limited
                10.9.1.    Company Snapshot
                10.9.2.    Business Overview
                10.9.3.    Products & Services Offered
                10.9.4.    Financial Insight
                10.9.5.    Recent Developments
        10.10.    MISTRAS
                10.10.1.    Company Snapshot
                10.10.2.    Business Overview
                10.10.3.    Products & Services Offered
                10.10.4.    Financial Insight
                10.10.5.    Recent Developments
        10.11.    SGS Group
                10.11.1.    Company Snapshot
                10.11.2.    Business Overview
                10.11.3.    Products & Services Offered
                10.11.4.    Financial Insight
                10.11.5.    Recent Developments
        10.12.    TUV NORD Group
                10.12.1.    Company Snapshot
                10.12.2.    Business Overview
                10.12.3.    Products & Services Offered
                10.12.4.    Financial Insight
                10.12.5.    Recent Developments
        10.13.    TUV Rheinland Group
                10.13.1.    Company Snapshot
                10.13.2.    Business Overview
                10.13.3.    Products & Services Offered
                10.13.4.    Financial Insight
                10.13.5.    Recent Developments
        10.14.    TUV SUD Group
                10.14.1.    Company Snapshot
                10.14.2.    Business Overview
                10.14.3.    Products & Services Offered
                10.14.4.    Financial Insight
                10.14.5.    Recent Developments
        10.15.    UL LLC
                10.15.1.    Company Snapshot
                10.15.2.    Business Overview
                10.15.3.    Products & Services Offered
                10.15.4.    Financial Insight
                10.15.5.    Recent Developments

11.    Appendix
        11.1.    Exchange Rates
        11.2.    Abbreviations

Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global TIC Market Size, by Service, 2018 - 2023 (USD Billion)
Table 5 Global TIC Market Size, by Service, 2025 - 2030 (USD Billion)
Table 6 Global TIC Market Size, by Source Type, 2018 - 2023 (USD Billion)
Table 7 Global TIC Market Size, by Source Type, 2025 - 2030 (USD Billion)
Table 8 Global TIC Market Size, by Application, 2018 - 2023 (USD Billion)
Table 9 Global TIC Market Size, by Application, 2025 - 2030 (USD Billion)
Table 10 Global TIC Market Size, by Region, 2018 - 2023 (USD Billion)
Table 11 Global TIC Market Size, by Region, 2025 - 2030 (USD Billion)
Table 12 North America TIC Market Size, by Service, 2018 - 2023 (USD Billion)
Table 13 North America TIC Market Size, by Service, 2025 - 2030 (USD Billion)
Table 14 North America TIC Market Size, by Source Type, 2018 - 2023 (USD Billion)
Table 15 North America TIC Market Size, by Source Type, 2025 - 2030 (USD Billion)
Table 16 North America TIC Market Size, by Application, 2018 - 2023 (USD Billion)
Table 17 North America TIC Market Size, by Application, 2025 - 2030 (USD Billion)
Table 18 North America TIC Market Size, by Country, 2018 - 2023 (USD Billion)
Table 19 North America TIC Market Size, by Country, 2025 - 2030 (USD Billion)
Table 20 Europe TIC Market Size, by Service, 2018 - 2023 (USD Billion)
Table 21 Europe TIC Market Size, by Service, 2025 - 2030 (USD Billion)
Table 22 Europe TIC Market Size, by Source Type, 2018 - 2023 (USD Billion)
Table 23 Europe TIC Market Size, by Source Type, 2025 - 2030 (USD Billion)
Table 24 Europe TIC Market Size, by Application, 2018 - 2023 (USD Billion)
Table 25 Europe TIC Market Size, by Application, 2025 - 2030 (USD Billion)
Table 26 Europe TIC Market Size, by Country, 2018 - 2023 (USD Billion)
Table 27 Europe TIC Market Size, by Country, 2025 - 2030 (USD Billion)
Table 28 Asia-Pacific TIC Market Size, by Service, 2018 - 2023 (USD Billion)
Table 29 Asia-Pacific TIC Market Size, by Service, 2025 - 2030 (USD Billion)
Table 30 Asia-Pacific TIC Market Size, by Source Type, 2018 - 2023 (USD Billion)
Table 31 Asia-Pacific TIC Market Size, by Source Type, 2025 - 2030 (USD Billion)
Table 32 Asia-Pacific TIC Market Size, by Application, 2018 - 2023 (USD Billion)
Table 33 Asia-Pacific TIC Market Size, by Application, 2025 - 2030 (USD Billion)
Table 34 Asia-Pacific TIC Market Size, by Country, 2018 - 2023 (USD Billion)
Table 35 Asia-Pacific TIC Market Size, by Country, 2025 - 2030 (USD Billion)
Table 36 RoW TIC Market Size, by Service, 2018 - 2023 (USD Billion)
Table 37 RoW TIC Market Size, by Service, 2025 - 2030 (USD Billion)
Table 38 RoW TIC Market Size, by Source Type, 2018 - 2023 (USD Billion)
Table 39 RoW TIC Market Size, by Source Type, 2025 - 2030 (USD Billion)
Table 40 RoW TIC Market Size, by Application, 2018 - 2023 (USD Billion)
Table 41 RoW TIC Market Size, by Application, 2025 - 2030 (USD Billion)
Table 42 RoW TIC Market Size, by Country, 2018 - 2023 (USD Billion)
Table 43 RoW TIC Market Size, by Country, 2025 - 2030 (USD Billion)
Table 44 Snapshot – ALS Limited
Table 45 Snapshot – Applus Plus
Table 46 Snapshot – Bureau Veritas SA
Table 47 Snapshot – DNV GL
Table 48 Snapshot – Element Materials Technology
Table 49 Snapshot – Eurofins Scientific
Table 50 Snapshot – Intertek
Table 51 Snapshot – Lloyd’s Register Group Limited
Table 52 Snapshot – MISTRAS
Table 53 Snapshot – SGS Group
Table 54 Snapshot – TUV NORD Group
Table 55 Snapshot – TUV SUD Group
Table 56 Snapshot – TUV Rheinland Group
Table 57 Snapshot – UL LLC

List of Figures

Figure 1 Market Coverage
Figure2 Research Phases
Figure 3 Secondary Services for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global TIC Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global TIC Market Highlight
Figure 12 Global TIC Market Size, by Service, 2018 - 2030 (USD Billion)
Figure 13 Global TIC Market Size, by Source Type, 2018 - 2030 (USD Billion)
Figure 14 Global TIC Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 15 Global TIC Market Size, by Region, 2018 - 2030 (USD Billion)
Figure 16 North America TIC Market Highlight
Figure 17 North America TIC Market Size, by Service, 2018 - 2030 (USD Billion)
Figure 18 North America TIC Market Size, by Source Type, 2018 - 2030 (USD Billion)
Figure 19 North America TIC Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 20 North America TIC Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 21 Europe TIC Market Highlight
Figure 22 Europe TIC Market Size, by Service, 2018 - 2030 (USD Billion)
Figure 23 Europe TIC Market Size, by Source Type, 2018 - 2030 (USD Billion)
Figure 24 Europe TIC Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 25 Europe TIC Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 26 Asia-Pacific TIC Market Highlight
Figure 27 Asia-Pacific TIC Market Size, by Service, 2018 - 2030 (USD Billion)
Figure 28 Asia-Pacific TIC Market Size, by Source Type, 2018 - 2030 (USD Billion)
Figure 29 Asia-Pacific TIC Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 30 Asia-Pacific TIC Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 31 RoW TIC Market Highlight
Figure 32 RoW TIC Market Size, by Service, 2018 - 2030 (USD Billion)
Figure 33 RoW TIC Market Size, by Source Type, 2018 - 2030 (USD Billion)
Figure 34 RoW TIC Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 35 RoW TIC Market Size, by Country, 2018 - 2030 (USD Billion)