Status : Published Published On : Jan, 2024 Report Code : VRSME63 Industry : Semiconductor & Electronics Available Format : Page : 250

Global Testing, Inspection & Certification (TIC) Market – Analysis and Forecast (2025-2030)

Industry Insights by Service (Testing, Inspection, and Certification), By Sourcing Type (In-House and 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, and Others)

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 (TIC) Market

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

Report Metric


Historical Period

2018 - 2023

Base Year Considered


Forecast Period

2025 - 2030

Market Size in 2023

U.S.D.  xxx.x Billion

Revenue Forecast in 2030

U.S.D.  241.0 Billion

Growth Rate


Segments Covered in the Report

By Service, By Source Type and By Application

Report Scope

Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling

Regions Covered in the Report

North America, Europe, Asia-Pacific, Middle East, and Rest of the World

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.


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

Testing, Inspection & Certification Market Size

Source: VynZ Research

Testing, Inspection & Certification Market Analysis

Source: VynZ Research

Frequently Asked Questions

Asia-Pacific region offers great investment opportunities for the investors to witness the significant growth in the near future.
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.
On the basis of service, certification segment captures largest market share in 2022 and is also expected to grow at fastest rate during the forecast period.
Growing urbanization across developed as well as developing economies and therefore rise in range of products used in the market is major driver for TIC market.
The global testing, inspection and certification (TIC) market was valued at USD 241.0 billion in 2023.

Place an order

Research Methodology

  •  Desk Research / Pilot Interviews
  •  Build Market Size Model
  •  Research and Analysis
  •  Final Deliverabvle