Testing, Inspection, and Certification (TIC) Market Size, Share, Trends, Growth Outlook

Testing, Inspection, and Certification (TIC) Market generated a revenue of $341.2 Billion in 2023. Further, over the forecast period to 2030, the market is set to register a 4.1% CAGR to reach $451.8 Billion in 2030.

 Stringent regulations across industries, rapid global trade expansion, growing consumer awareness about product safety and quality, rapid technological developments in areas such as IoT, AI, and automation, and increasing supply chain complexity are fuelling the market growth prospects.

Leading companies in the industry are integrating digital tools like blockchain, data analytics, and remote monitoring, launching products to address environmental and sustainability concerns, and offering assessments related to eco-friendly practices. Furthermore, the adoption of remote inspection technologies is increasing rapidly in the post-pandemic period. Further, companies across the industry are leveraging data to offer predictive insights to identify potential issues before they escalate, thereby reducing downtime and enhancing operational efficiency.

Companies launching specialized services tailored to industries like healthcare, automotive, and food industry regulatory requirements and quality standards are gaining significant business growth.

Market Dynamics

Market Trends - Companies are launching Cybersecurity Testing to attract a consumer base.

The TIC market for cybersecurity testing services has grown significantly due to rising cyber threats, compliance demands, digitalization, IoT expansion, and cloud adoption. Organizations use third-party assessments, certifications, and techniques like penetration testing to enhance security. Heightened awareness and AI integration underscore the role of cybersecurity testing in safeguarding digital assets and ensuring data protection and privacy.

 

Market Driver- Food Safety demand for efficient Silicon Carbide Wafer Market

Food safety is a pivotal component of the Testing, Inspection, and Certification (TIC) market, focusing on ensuring the safety and quality of food products. Increasing consumer awareness, stringent regulations, global supply chains, and technological advancements drive the demand for TIC services in this sector. These services encompass food product testing, hygiene inspections, HACCP certification, and compliance with food safety standards, assuring food safety, preventing illnesses, and upholding trust in the food industry.

 

Market Opportunity-Introduction of Technological Advancements

Technological advancements drive innovation in the Testing, Inspection, and Certification (TIC) market, with AI, ML, IoT, blockchain, and advanced sensors improving efficiency, accuracy, and transparency in TIC processes. These technologies enable quicker, more comprehensive testing and enhance the reliability of certification services, making TIC companies better equipped to meet industry standards and address evolving industry needs.

 

Market Share Analysis-   Testing Testing Inspection and Certification Market will register the fastest growth.

The global Testing Inspection and Certification Market is analysed across Testing, Inspection, Certification, and others. Of these, Testing is poised to register the fastest growth. Testing is the central function of the Testing, Inspection, and Certification (TIC) market, involving rigorous evaluation and examination of products, systems, and processes to ensure compliance with standards and regulations. TIC companies offer diverse testing services using advanced methods and technologies to verify product integrity and safety, fostering consumer trust and regulatory compliance while maintaining quality.

 

Market Share Analysis- Consumer Goods & Retail held a significant market share in 2023.

The global Testing Inspection and Certification Market is analysed across a wide range of application including Consumer Goods & Retail, Healthcare, Chemicals, Agriculture and Food, and others. Of these, Consumer Goods & Retail held a significant market share in 2023.  Consumer Goods & Retail is a pivotal sector in the Testing, Inspection, and Certification (TIC) market, focusing on ensuring product safety, quality, and compliance for consumer goods like electronics, textiles, toys, and food. TIC services include product testing, quality inspections, labelling compliance, supply chain audits, and sustainability certifications. With growing consumer awareness and stricter regulations, TIC plays a crucial role in verifying that these products meet industry standards, legal requirements, and sustainability criteria, bolstering consumer trust and market access.

 

Testing Inspection and Certification Market Segmentation

By Type

•         Testing
•         Inspection
•         Certification

 

By Source

•         In-House
•         Outsourced

 

By Application

•       Consumer Goods & Retail
•        Healthcare
•         Chemicals
•         Agriculture and Food
•         Infrastructure
•         Energy & Power
•         Education
•        Aerospace and Défense
•         Manufacturing
•         Mining
•         Oil and Gas
•         Public Sector
•         Automotive
•         Supply Chain and Logistics
•         Government
•         Others

 

By Region

•         North America (United States, Canada, Mexico)
•         Europe (Germany, France, United Kingdom, Spain, Italy, Others)
•         Asia Pacific (China, India, Japan, South Korea, Australia, Others)
•         Latin America (Brazil, Argentina, Others)
•         Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Testing Inspection and Certification Market companies

 

• ALS Limited
• SGS SA
• Bureau Veritas SA
• DEKRA SE
• Eurofins Scientific
• TÜV SÜD
• DNV GL
• Element Materials Technology
• Apples+
• Intertek Group plc
• MISTRAS Group Inc
• TÜV NORD GROUP
• TÜV Rhineland
• UL LLC

* List not exhaustive

 

Testing, Inspection, and Certification Market Outlook 2023

1 Market Overview

1.1 Introduction to the Testing, Inspection, and Certification Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2023 Testing, Inspection, and Certification Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Testing, Inspection, and Certification Market Companies with Area Served

4.2.2 Products Offerings Global Testing, Inspection, and Certification Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 Post-COVID-19 Scenario- Low Growth Case

5.1.3 Post-COVID-19 Scenario- Reference Growth Case

5.1.4 Post-COVID-19 Scenario- Low Growth Case

 

6 Global Testing, Inspection, and Certification Market Trends

6.1 Global Testing, Inspection, and Certification Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Testing, Inspection, and Certification Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Testing, Inspection, and Certification Revenue (USD Million) and CAGR (%) by Regions (2018-2030)

 

7 Global Testing, Inspection, and Certification Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Testing, Inspection, and Certification Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Testing, Inspection, and Certification Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Testing, Inspection, and Certification Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Testing, Inspection, and Certification Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Testing, Inspection, and Certification Development Regional Status and Outlook

8.1 Global Testing, Inspection, and Certification Revenue (USD Million) By Regions (2018-2022)

8.2 North America Testing, Inspection, and Certification Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Testing, Inspection, and Certification Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Testing, Inspection, and Certification Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Testing, Inspection, and Certification Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Testing, Inspection, and Certification Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Testing, Inspection, and Certification Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Testing, Inspection, and Certification Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Testing, Inspection, and Certification Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Testing, Inspection, and Certification Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Testing, Inspection, and Certification Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Testing, Inspection, and Certification Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Testing, Inspection, and Certification Revenue (USD Million) by Applications (2018-2022)

8.5 South America Testing, Inspection, and Certification Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Testing, Inspection, and Certification Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Testing, Inspection, and Certification Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Testing, Inspection, and Certification Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Testing, Inspection, and Certification Market Revenue (USD Million), by Type, and Applications (2023-2030)

10.1 Global Testing, Inspection, and Certification Revenue (USD Million) and Market Share (%) by Type (2023-2030)

10.1.1 Global Testing, Inspection, and Certification Revenue (USD Million), and Market Share (%) by Type (2023-2030)

10.2 Global Testing, Inspection, and Certification Revenue (USD Million) and Market Share (%) by Applications (2023-2030)

10.2.1 Global Testing, Inspection, and Certification Revenue (USD Million), and Market Share (%) by Applications (2023-2030)

 

11 Global Testing, Inspection, and Certification Development Regional Status and Outlook Forecast

11.1 Global Testing, Inspection, and Certification Revenue (USD Million) By Regions (2023-2030)

11.2 North America Testing, Inspection, and Certification Revenue (USD Million) by Type, and Applications (2023-2030)

11.2.1 North America Testing, Inspection, and Certification Revenue (USD) Million by Country (2023-2030)

11.2.2 North America Testing, Inspection, and Certification Revenue (USD Million), by Type (2023-2030)

11.2.3 North America Testing, Inspection, and Certification Revenue (USD Million), Market Share (%) by Applications (2023-2030)

11.3 Europe Testing, Inspection, and Certification Revenue (USD Million), by Type, and Applications (2023-2030)

11.3.1 Europe Testing, Inspection, and Certification Revenue (USD Million), by Country (2023-2030)

11.3.2 Europe Testing, Inspection, and Certification Revenue (USD Million), by Type (2023-2030)

11.3.3 Europe Testing, Inspection, and Certification Revenue (USD Million), by Applications (2023-2030)

11.4 Asia Pacific Testing, Inspection, and Certification Revenue (USD Million) by Type, and Applications (2023-2030)

11.4.1 Asia Pacific Testing, Inspection, and Certification Revenue (USD Million), by Country (2023-2030)

11.4.2 Asia Pacific Testing, Inspection, and Certification Revenue (USD Million), by Type (2023-2030)

11.4.3 Asia Pacific Testing, Inspection, and Certification Revenue (USD Million), by Applications (2023-2030)

11.5 South America Testing, Inspection, and Certification Revenue (USD Million), by Type, and Applications (2023-2030)

11.5.1 South America Testing, Inspection, and Certification Revenue (USD Million), by Country (2023-2030)

11.5.2 South America Testing, Inspection, and Certification Revenue (USD Million), by Type (2023-2030)

11.5.3 South America Testing, Inspection, and Certification Revenue (USD Million), by Applications (2023-2030)

11.6 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million), by Type, and Applications (2023-2030)

11.6.1 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million), by Region (2023-2030)

11.6.2 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million), by Type (2023-2030)

11.6.3 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million), by Applications (2023-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

 

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Testing, Inspection, and Certification Market Companies with Areas Served

Table 3 Products Offerings Global Testing, Inspection, and Certification Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Testing, Inspection, and Certification Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Testing, Inspection, and Certification Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Testing, Inspection, and Certification Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Testing, Inspection, and Certification Revenue (USD Million) By Type (2018-2022)

Table 11 Global Testing, Inspection, and Certification Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Testing, Inspection, and Certification Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Testing, Inspection, and Certification Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Testing, Inspection, and Certification Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Testing, Inspection, and Certification Market Share (%) By Regions (2018-2022)

Table 16 North America Testing, Inspection, and Certification Revenue (USD Million) By Country (2018-2022)

Table 17 North America Testing, Inspection, and Certification Revenue (USD Million) By Type (2018-2022)

Table 18 North America Testing, Inspection, and Certification Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Testing, Inspection, and Certification Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Testing, Inspection, and Certification Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Testing, Inspection, and Certification Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Testing, Inspection, and Certification Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Testing, Inspection, and Certification Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Testing, Inspection, and Certification Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Testing, Inspection, and Certification Revenue (USD Million) By Country (2018-2022)

Table 26 South America Testing, Inspection, and Certification Revenue (USD Million) By Type (2018-2022)

Table 27 South America Testing, Inspection, and Certification Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Testing, Inspection, and Certification Revenue (USD Million) By Type (2023-2030)

Table 33 Global Testing, Inspection, and Certification Revenue Market Share (%) By Type (2023-2030)

Table 34 Global Testing, Inspection, and Certification Revenue (USD Million) By Applications (2023-2030)

Table 35 Global Testing, Inspection, and Certification Revenue Market Share (%) By Applications (2023-2030)

Table 36 Global Testing, Inspection, and Certification Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)

Table 37 North America Testing, Inspection, and Certification Revenue (USD)By Country (2023-2030)

Table 38 North America Testing, Inspection, and Certification Revenue (USD Million) By Type (2023-2030)

Table 39 North America Testing, Inspection, and Certification Revenue (USD Million) By Applications (2023-2030)

Table 40 Europe Testing, Inspection, and Certification Revenue (USD Million) By Country (2023-2030)

Table 41 Europe Testing, Inspection, and Certification Revenue (USD Million) By Type (2023-2030)

Table 42 Europe Testing, Inspection, and Certification Revenue (USD Million) By Applications (2023-2030)

Table 43 Asia Pacific Testing, Inspection, and Certification Revenue (USD Million) By Country (2023-2030)

Table 44 Asia Pacific Testing, Inspection, and Certification Revenue (USD Million) By Type (2023-2030)

Table 45 Asia Pacific Testing, Inspection, and Certification Revenue (USD Million) By Applications (2023-2030)

Table 46 South America Testing, Inspection, and Certification Revenue (USD Million) By Country (2023-2030)

Table 47 South America Testing, Inspection, and Certification Revenue (USD Million) By Type (2023-2030)

Table 48 South America Testing, Inspection, and Certification Revenue (USD Million) By Applications (2023-2030)

Table 49 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million) By Region (2023-2030)

Table 50 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million) By Region (2023-2030)

Table 51 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million) By Type (2023-2030)

Table 52 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million) By Applications (2023-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Testing, Inspection, and Certification Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Testing, Inspection, and Certification Revenue Market Share (%) By Type (2022)

Figure 5 Global Testing, Inspection, and Certification Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Testing, Inspection, and Certification Revenue Market Share (%) By Applications (2022)

Figure 7 Global Testing, Inspection, and Certification Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Testing, Inspection, and Certification Market Share (%) By Regions (2022)

Figure 9 North America Testing, Inspection, and Certification Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Testing, Inspection, and Certification Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Testing, Inspection, and Certification Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Testing, Inspection, and Certification Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Testing, Inspection, and Certification Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Testing, Inspection, and Certification Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Testing, Inspection, and Certification Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Testing, Inspection, and Certification Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Testing, Inspection, and Certification Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Testing, Inspection, and Certification Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Testing, Inspection, and Certification Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Testing, Inspection, and Certification Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Testing, Inspection, and Certification Revenue (USD Million) By Type (2023-2030)

Figure 25 Global Testing, Inspection, and Certification Revenue Market Share (%) By Type (2030)

Figure 26 Global Testing, Inspection, and Certification Revenue (USD Million) By Applications (2023-2030)

Figure 27 Global Testing, Inspection, and Certification Revenue Market Share (%) By Applications (2030)

Figure 28 Global Testing, Inspection, and Certification Market Revenue (USD Million) By Regions (2023-2030)

Figure 29 North America Testing, Inspection, and Certification Revenue (USD Million) By Country (2023-2030)

Figure 30 North America Testing, Inspection, and Certification Revenue (USD Million) By Type (2023-2030)

Figure 31 North America Testing, Inspection, and Certification Revenue (USD Million) By Applications (2023-2030)

Figure 32 Europe Testing, Inspection, and Certification Revenue (USD Million) By Country (2023-2030)

Figure 33 Europe Testing, Inspection, and Certification Revenue (USD Million) By Type (2023-2030)

Figure 34 Europe Testing, Inspection, and Certification Revenue (USD Million) By Applications (2023-2030)

Figure 35 Asia Pacific Testing, Inspection, and Certification Revenue (USD Million) By Country (2023-2030)

Figure 36 Asia Pacific Testing, Inspection, and Certification Revenue (USD Million) By Type (2023-2030)

Figure 37 Asia Pacific Testing, Inspection, and Certification Revenue (USD Million) By Applications (2023-2030)

Figure 38 South America Testing, Inspection, and Certification Revenue (USD Million) By Country (2023-2030)

Figure 39 South America Testing, Inspection, and Certification Revenue (USD Million) By Type (2023-2030)

Figure 40 South America Testing, Inspection, and Certification Revenue (USD Million) By Applications (2023-2030)

Figure 41 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million) By Region (2023-2030)

Figure 42 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million) By Region (2023-2030)

Figure 43 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million) By Type (2023-2030)

Figure 44 Middle East and Africa Testing, Inspection, and Certification Revenue (USD Million) By Applications (2023-2030)

Figure 45 Bottom-Up and Top-Down Approaches For This Report

Figure 46 Data Triangulation

 

 

Testing Inspection and Certification Market Segmentation

By Type

• ·        Testing
• ·        Inspection
• ·        Certification

 

By Source

·        In-House

·        Outsourced

 

By Application

•       Consumer Goods & Retail
•        Healthcare
•         Chemicals
•         Agriculture and Food
•         Infrastructure
•         Energy & Power
•         Education
• ·       Aerospace and Défense
• ·        Manufacturing
•          Mining
• ·        Oil and Gas
• ·        Public Sector
• ·        Automotive
• ·        Supply Chain and Logistics
• ·        Government
• ·        Others

 

By Region

• ·        North America (United States, Canada, Mexico)
• ·        Europe (Germany, France, United Kingdom, Spain, Italy, Others)
• ·        Asia Pacific (China, India, Japan, South Korea, Australia, Others)
• ·        Latin America (Brazil, Argentina, Others)
• ·        Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)