The Europe TIC Market For Water Industry was USD 0.21 billion in 2023 and has reached a value of USD 0.67 billion in 2030, with an anticipated compound annual growth rate CAGR of 7.2% from 2025 to 2030.
Product standardization norms are made due to globalization and it has penetrated developed technologies in many industries like the water industry in Europe. Manufactured products, multi-component systems and individual components suitable for the programmed purpose is assured by testing. Quality control directly supports other factors such as on-time delivery, cost, productivity and market share which is the most critical factor for the survival of any manufacturing companies. The increasing sensitivity of government of Europe to provide favorable initiatives, rules and regulations, a cleaner environment in water shall lead to the growth of testing, inspection and certification market during the forecast period. Business organizations in the Europe TIC market for Water Industry are intensifying IT infrastructures and developing business continuity plans. TIC companies in Europe cater to different industrial sectors along with water and provide various standards.The Europe Testing, Inspection, and Certification (TIC) Market for water industry is projected to be driven by government regulations, industry standards and certification requirements. The main constraints in the Europe Testing, Inspection and Certification market are high cost of TIC, trade wars and growth fluctuations and huge investment for automation and installation of industrial safety systems. Lack of skilled personnel and testing facilities also hamper the growth of the Europe TIC market for Water Industry.
Browse 61 market data Tables and 48 Figures spread through 96 Pages and in-depth TOC on Europe TIC Market for Water Industry By Sourcing (Inhouse and Outsourced), By Service (Testing, Inspection and Certification), By Industry Vertical (Municipal Water, Desalination, Sanitation, Industrial Water, Rainwater Catchment and Others) and By Geography (Germany, France, The United-Kingdom, Russia and Italy) - Global Forecast from 2025 to 2030.
Segment / Key Players |
Categorization |
Sourcing |
Inhouse and Outsourced |
Service |
Testing, Inspection and Certification |
Industry Vertical |
Municipal Water, Desalination, Sanitation, Industrial Water, Rainwater Catchment and Others |
Key Players |
Intertek Group plc, Bureau Veritas, Eurofins USA, TUV Rheinland, Lloyd Register Group Limited, UL LLC, SGS SA, ALS Limited, Applus+, and DNV GL |
By sourcing, the in-house dominate the europe tic market for water industry
The in-house segment dominates the market and is projected to hold the largest share during the forecast period as in-house testing and inspection shall offer companies to have complete control over the entire process in terms of technology, skilled personnel, and testing and measurement equipment.
"Germany is projected to register the fastest CAGR during the forecast period, i.e., 2025-2030 in the Europe tic market for water industry.”
Germany dominates the market as the German Water Partnership unites more than 300 German companies. They seek solutions to challenges faced by the water industry, in developing countries in Europe.
Some of the key players operating in the TIC market in the water industry are Intertek Group plc, Bureau Veritas, Eurofins USA, TUV Rheinland, Lloyd Register Group Limited, UL LLC, SGS SA, ALS Limited, Applus+, and DNV GL.
Recent Developments by the Key Players
ALS Limited has acquired York Analytical Laboratories, Inc. (Nyack-based) to accelerate growth of its environmental testing services in the Northeast U.S.
Europe TIC Market For Water Industry coverage (By Value)
Geographical Segmentation
Europe TIC Market For Water Industry by Region