Press Releases

The TIC market for the electronics & electrical products industry is expected to witness a CAGR of 5.1% during the forecast period 2025-30. Testing, inspection, and Certification market in electronics & electricals products provide compliance in testing, auditing, inspection, quality assurance, and certification services. TIC services are used in various industrial verticals to enhance productivity and efficiency in the manufacturing process. This will result in meeting internationally accepted standards, regulations, and policies set by the government to improve the product quality. TIC market for electronics and electrical products is growing owing to the mounting demand for household appliance testing and the rising adoption of equipment validation. The growing smart home projects will fuel the market growth in electronics and electrical products over the projected period.

The TIC (Testing, Inspection, and Certification) market for the electronics and electrical products industry refers to the industry involved in providing testing, inspection, and certification services specifically tailored for electronics and electrical products. These services are essential to ensure compliance with safety standards, regulatory requirements, quality control, and performance standards for various electrical and electronic devices and equipment.

The TIC services provided to the electronics and electrical products industry cover a wide range of activities, including:

Product Testing: TIC companies conduct rigorous testing to evaluate the safety, performance, and reliability of electrical and electronic products. This includes electrical safety testing, electromagnetic compatibility (EMC) testing, radio frequency (RF) testing, environmental testing, durability testing, and compliance with industry-specific standards.

Quality Control and Assurance: TIC companies perform quality control and assurance activities to ensure that electronic and electrical products meet industry and regulatory requirements. This includes inspections of manufacturing processes, verification of product specifications, and adherence to quality management systems such as ISO 9001.

Certification and Compliance: TIC companies offer certification services that validate compliance with international standards, industry regulations, and safety requirements. Certifications such as CE Marking, UL Listing, FCC certification, and RoHS compliance demonstrate product conformity and help gain market access.

Safety and Compliance Audits: TIC companies conduct safety and compliance audits of manufacturing facilities, supply chains, and distribution channels. These audits help identify potential risks, non-compliance issues, and areas for improvement in product safety, manufacturing processes, and documentation.

Regulatory Compliance Support: TIC companies provide expertise and guidance to electronics and electrical product manufacturers to navigate complex regulatory frameworks. This includes assistance in understanding and meeting the requirements of regulations such as the European Union's Restriction of Hazardous Substances (RoHS) Directive and the Waste Electrical and Electronic Equipment (WEEE) Directive.

Supply Chain Management: TIC companies play a crucial role in managing the supply chain for electronics and electrical products. This involves supplier audits, raw material inspections, production monitoring, and quality control checks throughout the supply chain to ensure consistent product quality and compliance.

The COVID-19 pandemic has disrupted the production and the supply chain globally. This has led the companies to rethink and should work on optimizing the asset, managing the cost, and take strategic initiatives resulting in the growth of TIC services in the electronics & electrical products industry. Moreover, TIC market is observing growth during the COVID 19 crisis owing to digitalization and development of services such as remote auditing, visual inspection, virtual inspections, etc.  

Bureau Veritas announced that they will provide their expertise to the Eolmed project. It will consist of three wind turbines with a combined capacity of 30MW and will be able to satisfy the energy needs of 50,000 people. The wind turbines will be mounted on floating platforms more than 18 km from the shore and grounded at an average depth of 60 meters.

Browse 53 market data Tables and 35 Figures spread through 200 Pages and in-depth TOC on " TIC Market for Electronics & Electrical Products Industry by Sourcing Type (In-House and Outsourced), by Service Type (Testing, Inspection, and Certification), by Industry Vertical (Audio, Video & Household Appliances, Battery, Cells & Accumulators, Electrical Toys & Childcare, E-Cigarettes, IoT & Information Technology, Lighting & Luminaries, Machinery, Microelectronics, Solar Energy Technology, Cybersecurity Services, Chemical & Material Services, and Others), and Region - Global Forecast to 2030"

By service type, the testing segment holds the largest market share in the TIC market for the electronics & electrical products industry during the forecast period.

Based on service type, the TIC market for the electronics & electrical products industry is segmented into testing, inspection, and certification. Testing dominates the market owing to the rising globalization, growing brand protection policies, presence of diverse product standards in various regions, initiatives taken by the government to produce quality products. The kind of equipment to be tested will define the testing requirement like CLASS I (earthed) or CLASS II (double insulated).

Global TIC Market for Electronics & Electrical Products Industry Segmentation and Key Players

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“Europe is witnessing a significant share in the TIC market for the electronics & electrical products”

Europe also holds a significant share in the TIC market for electronics and electrical products as Germany is one of the leading contributors in the field of information and technology and major key players in the field of semiconductors, power electronics, and ICT are in the region.

Some of the key players operating in the TIC market in the electronics & electrical industry: Intertek Group plc, Bureau Veritas, UL LLC, SGS SA, Eurofins Scientific, TUV Rheinland, DEKRA SE, TUV Nord, Applus+, and DNV GL.

Global TIC Market for Electronics & Electrical Products Industry- Market Coverage

Sourcing Type Insight and Forecast 2025-2030

• In-House
• Outsourced

Service Type Insight and Forecast 2025-2030

• Testing
• Inspection
• Certification

Industry Vertical Insight and Forecast 2025-2030

• Audio, Video & Household Appliances
• Battery, Cells & Accumulators
• Electrical Toys & Childcare
• E-Cigarettes
• IoT & Information Technology
• Lighting & Luminaries
• Machinery
• Microelectronics
• Solar Energy Technology
• Cybersecurity Services
• Chemical & Material Services
• Others

Geographical Segmentation

TIC Market for Electronics & Electrical Products Industry by Region

North America

• By Sourcing Type
• By Service Type
• By Industry Vertical
• By Country – U.S., Canada, and Mexico

Europe

• By Sourcing Type
• By Service Type
• By Industry Vertical
• By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

• By Sourcing Type
• By Service Type
• By Industry Vertical
• By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

• By Sourcing Type
• By Service Type
• By Industry Vertical
• By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries