Europe TIC Market for Sports and Entertainment Industry

Industry Overview

The Europe TIC Market for Sports and Entertainment Industry size was valued at USD 61.2 billion in 2023. It is likely to grow up to USD 70.4 billion by 2030 at a CAGR of 3.7% during the forecast period ranging between 2025 and 2030.

In TIC, testing refers to an industrial process that ensures manufactured goods, individual parts, and multi-component systems are appropriate for their intended use. Testing and inspection are the operational components of quality control, which is essential to every manufacturing company's sustainability since it supports cost, productivity, on-time delivery, and market dominance. Conformity assessment organizations, which offer services ranging from audit and inspection to testing, verification, quality assurance, and certification, make up the testing, inspection, and certification market study.

Europe TIC Market for Sports and Entertainment Industry Report Coverage

Europe TIC Market for Sports & Entertainment Industry Dynamics

Europe TIC Market for Sports & Entertainment Industry Trends/ Growth Drivers:

The Europe TIC market for the sports & entertainment industry is characterized by various industry trends such as integration of advanced technology, sustainability for TIC services, specifically in the construction of eco-friendly sports and entertainment facilities and rise of eSports and digital platforms.

Several growth factors are fueling the expansion of this market like growing demand for safety, quality, and compliance. The TIC market in the sports and entertainment sector is expanding due to factors including globalization and the rise of digital technology. As the manufacturers in Europe depend on creating high-quality products for retention of customers, testing of connected devices and Internet of Things (IoT) technologies are widely accepted. It is projected that the growing number of industry standards and governmental regulations shall be contributing in the increase demand for Testing, Inspection, and Certification (TIC) services in the retail and consumer products sectors.

Europe TIC Market for Sports & Entertainment Industry Challenges

The testing, inspection, and certification market may face certain challenges like growth fluctuations in this region, high cost of TIC due to diverse standards and regulations. Moreover, a lack of testing facilities and skilled personnel may hamper the growth of the TIC market.

Europe TIC Market for Sports & Entertainment Industry Opportunities

Testing, inspection, and certification is a massive market that provides lucrative opportunities in technologies such as AI, next-generation automation, robotics, drones, big data analytics, cloud and cybersecurity.  Moreover, there is a need to deploy an effective and extensive inspection system that provides promising opportunities for the growth of the TIC market in the sports & entertainment industry.

Recent Developments by Key Players

TUV SUD has collaborated with the National Automotive Test Tracks (NATRAX) to strengthen automotive testing and certification in India, that shall focus on EMI/EMC compliance and other standards essential for vehicle and component approvals under the Central Motor Vehicle Rules (CMVR).

TUV Nord Group and Envision Energy’s, wind turbine division has partnered for supply chain, including technological research and product development, certification, testing, quality management, and internationalization strategy.

Europe TIC Market for Sports & Entertainment Industry Segmentation

VynZ Research provides an analysis of the key trends in each segment of the Europe TIC Market for Sports & Entertainment Industry report, along with forecasts at the regional and country levels from 2025-2030. Our report has categorized the market based on sourcing type, service type, industry vertical.

Insight by Sourcing type

Based on sourcing type, the Europe TIC market for the sports & entertainment industry is bifurcated into in-house and outsourced. Among the two segments, the in-house segment dominates the European market during the forecast period to enable organizations for handling TIC activities like ability to employ talent, on-site availability, and establish custom practices as per the needs of the organizations.

Insight by Service type

Based on service type, the Europe TIC market for the sports & entertainment industry is segmented into testing, inspection, and certification. Among these segments, the testing segment dominates the market to deliver safe products to the targeted markets.

Insight by Industry Vertical

Based on industry vertical, the Europe TIC market for the sports & entertainment industry is divided into sports industry (sports equipment, fitness studios, water sports products, bicycles & electric cycles, playgrounds & climbing parks, and others) and entertainment industry (theatre, stage and studio equipment, musical instruments, camping & seasonal equipment, and others). TIC services help in demonstrating the safety, functionality, and longevity of products in the sports equipment industry and these are the qualities consumers look for while purchasing sports gear. Bicycles and electric cycles are anticipated to grow at a faster pace as there is a rising prominence of biking for practical and leisure purposes, and plays a significant role to protect the environment.

Europe TIC market for the sports & entertainment industry: Geographic Overview

Europe holds a significant market share due to large number of market players, growing adoption of personalized medicine and development in diagnostic technologies.

Europe TIC market for the sports & entertainment industry: Competitive Insights

The Europe TIC market for sports & entertainment industry report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

1.    Research Overview

        1.1.    The Report Offers
        1.2.    Market Coverage
                  1.2.1.    By Sourcing type 
                  1.2.2.    By Service type 
                  1.2.3.    By Industry Vertical 
        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 Sourcing type 
                 5.1.1. In-House
                           5.1.1.1. Market Definition
                           5.1.1.2. Market Estimation and Forecast to 2030
                 5.1.2. Outsourced
                           5.1.2.1. Market Definition
                           5.1.2.2. Market Estimation and Forecast to 2030

       5.2.    By Service type 
                 5.2.1. Testing
                           5.2.1.1. Market Definition
                           5.2.1.2. Market Estimation and Forecast to 2030
                 5.2.2. Inspection
                           5.2.2.1. Market Definition
                           5.2.2.2. Market Estimation and Forecast to 2030
                 5.2.3. Certification
                           5.2.3.1. Market Definition
                           5.2.3.2. Market Estimation and Forecast to 2030

       5.3.    By Industry Vertical 
                 5.3.1. Sports
                           5.3.1.1. Market Definition
                           5.3.1.2. Market Estimation and Forecast to 2030
                 5.3.2. Entertainment
                           5.3.2.1. Market Definition
                           5.3.2.2. Market Estimation and Forecast to 2030

6.   Germany Market Estimate and Forecast

      6.1.    By Sourcing type   
      6.2.    By Service type   
      6.3.    By Industry Vertical   

7.   U.K. Market Estimate and Forecast

      7.1.    By Sourcing type   
      7.2.    By Service type   
      7.3.    By Industry Vertical   

8.   France Market Estimate and Forecast

      8.1.    By Sourcing type   
      8.2.    By Service type   
      8.3.    By Industry Vertical   

9.   Italy Market Estimate and Forecast

      9.1.    By Sourcing type   
      9.2.    By Service type   
      9.3.    By Industry Vertical   

10.   Spain Market Estimate and Forecast

      10.1.    By Sourcing type   
      10.2.    By Service type   
      10.3.    By Industry Vertical   

11.   Russia Market Estimate and Forecast

      11.1.    By Sourcing type   
      11.2.    By Service type   
      11.3.    By Industry Vertical   

12.   Rest of Europe Market Estimate and Forecast

      12.1.    By Sourcing type   
      12.2.    By Service type   
      12.3.    By Industry Vertical   

10.  Company Profiles

       10.1.   Intertek Group plc
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   Bureau Veritas
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   UL LLC
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   SGS S
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   Eurofins Scientific
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   TUV Rheinland
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   SAI GLOBAL Pty Limited
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   TUV Nord Group
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   Turk Loydu
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    Recent Developments
       10.1.   TUV SUD
                  10.1.1.    Snapshot
                  10.1.2.    Overview
                  10.1.3.    Offerings
                  10.1.4.    Financial Insight
                  10.1.5.    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.