Testing, inspection, and certification (TIC) encompass activities that involve conformity analysis for operational efficacy, support research and development, and encourage innovation in various fields through verification and validation. These services also facilitate mutual recognition to simplify market access and ensure the safety, integrity, and quality of goods and services through conformity evaluation and assurance across different industries.
The main types of services in the testing, inspection, and certification market include testing services, inspection services, and certification services. Testing services involve determining the presence, quality, or validity of products or goods. These TIC services can be conducted in-house or outsourced and find applications in areas such as quality and safety assessment, production evaluation, industrial inspection, and system certification. Industries such as consumer goods and retail, food and agriculture, oil and gas, construction and engineering, energy and chemicals, manufacturing, transportation, industrial and automotive, among others, predominantly utilize these services.
The testing, inspection, and certification market research report is one of a series of new reports that provides testing, inspection, and certification market statistics, including testing, inspection, and certification industry global market size, regional shares, competitors with an testing, inspection, and certification market share, detailed testing, inspection, and certification market segments, market trends and opportunities, and any further data you may need to thrive in the testing, inspection, and certification industry. This testing, inspection, and certification market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The testing, inspection, and certification market size has grown steadily in recent years. It will grow from $225.7 billion in 2023 to $233.13 billion in 2024 at a compound annual growth rate (CAGR) of 3.3%. The growth observed in the historical period can be attributed to factors such as insurance and financial requirements, a focus on social responsibility and ethical practices, the pursuit of energy efficiency certification, third-party verification, and the increased complexity of products.
The testing, inspection, and certification market size is expected to see steady growth in the next few years. It will grow to $275.79 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. The anticipated growth in the forecast period can be attributed to factors such as the increasing demand for certification in electric and autonomous vehicles, global efforts in climate change mitigation, a rising demand for certification in healthcare, a heightened focus on cybersecurity testing, and the growth in e-commerce and supply chain certification. Major trends expected in this period include the digital transformation in Testing, Inspection, and Certification (TIC), the integration of blockchain technology for certification processes, a surge in sustainability and green certification initiatives, the adoption of remote and virtual inspection services, and a heightened focus on health and safety certification.
The growth of the testing, inspection, and certification market is expected to be propelled by the stringent regulatory standards imposed by governments to ensure product safety and environmental protection. With increased concerns about the risk to human life and environmental impact, customers are actively seeking reliable and high-quality products. Organizations worldwide are adopting safety testing, inspection, and certification services to address product safety and quality issues in compliance with legislative rules. In April 2023, the European Parliament and the Council passed Regulation (EU) 2023/851, amending Regulation (EU) 2019/631 and making CO₂ emission standards for new passenger cars and light commercial vehicles even more stringent. This adjustment aligns with the European Union's heightened climate goals, impacting the emission standards new vehicles must meet, thereby driving the growth of the testing, inspection, and certification market.
The testing, inspection, and certification market's expansion is fueled by the rising demand for testing services in the manufacturing sector, particularly in consumer products, retail, and food & beverages. The manufacturing sector's pivotal role in producing tangible goods relies on testing, inspection, and certification processes to ensure product quality, safety, and compliance with industry standards. These processes play a crucial role in defect identification, maintaining consistent quality, and verifying that products meet customer and regulatory requirements. For instance, the manufacturing sector contributed $2.3 trillion to the US GDP in 2021, accounting for 12.0% of the total US GDP, underscoring the significance of testing services in this sector and driving the growth of the testing, inspection, and certification market.
A notable trend in the testing, inspection, and certification market is the integration of new technologies into products and services. The advent of artificial intelligence (AI) is transforming operations across various sectors, including testing, inspection, and certification. AI is applied in automated inspection to meet the challenges posed by physically demanding inspection zones. In June 2023, DEKRA, a Germany-based inspection, verification, testing, and certification company, launched the first generation of AI Testing and Certification services, including AI Advisory and Training, AI Audit, and AI Testing. These services aim to assist companies in ensuring the safety, security, and reliability of their AI-powered products and services.
Major companies operating in the testing, inspection, and certification market are adopting a strategic partnership approach to enhance efficiency. Strategic partnerships involve leveraging each other's strengths and resources to achieve mutual benefits and success. For example, in June 2023, SGS, a Switzerland-based inspection, verification, testing, and certification company, partnered with VAKT, the commodities post-trade platform, to launch VPD (VAKT Product Database), the first-ever reference dataset for traded refined products and crude grades. This collaboration seeks to unify reference data for traded crude grades and refined products, contributing to increased transparency, cost savings, and efficiency in the commodities trading sector.
In September 2021, Intertek Group plc, an England-based company offering assurance, inspection, product testing, and certification, acquired SAI Global Assurance, enhancing their combined assurance offering by providing increased scale and geographic coverage. The acquisition strengthens their ability to deliver additional risk-based quality audit, inspection, training, and certification services, along with enhanced global market access capabilities through their standards service offering. SAI Global, a US-based company, provides risk management services, quality assurance audit and certification, auditor training, standards information services, and property services.
Major companies operating in the in the testing, inspection, and certification market report are Bureau Veritas SA, Element Materials Technology, AIM Control Inspection Group, ALS Limited, AMARC Public Co. Ltd, Applus Services SA, AsureQuality Limited, BSI Group, Dekra Certification GmbH, DNV GL Business Assurance USA Inc., Eurofins Scientific SE, FARE Labs Pvt. Ltd, Intertek Group plc, Kiwa NV, Metech, MISTRAS Group Inc., SAI Global Limited, SGS Group, TUV SUD Ltd, UL Group, Cotecna Inspection SA, China Certification, Lloyd’s Register Group Limited, Société Générale de Surveillance, Nippon Kaiji Kyokai, Japan Quality Assurance & Inspection Institute, Exova Group PLC, Korea Testing & Certification Agency, Underwriters Laboratories, Apave International
Asia-Pacific was the largest region in the testing, inspection and certification market in 2023. The regions covered in the testing, inspection, and certification market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the testing, inspection, and certification market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The testing, inspection, and certification market includes revenues earned by entities by providing conformity assessment services for good practices. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The main types of services in the testing, inspection, and certification market include testing services, inspection services, and certification services. Testing services involve determining the presence, quality, or validity of products or goods. These TIC services can be conducted in-house or outsourced and find applications in areas such as quality and safety assessment, production evaluation, industrial inspection, and system certification. Industries such as consumer goods and retail, food and agriculture, oil and gas, construction and engineering, energy and chemicals, manufacturing, transportation, industrial and automotive, among others, predominantly utilize these services.
The testing, inspection, and certification market research report is one of a series of new reports that provides testing, inspection, and certification market statistics, including testing, inspection, and certification industry global market size, regional shares, competitors with an testing, inspection, and certification market share, detailed testing, inspection, and certification market segments, market trends and opportunities, and any further data you may need to thrive in the testing, inspection, and certification industry. This testing, inspection, and certification market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The testing, inspection, and certification market size has grown steadily in recent years. It will grow from $225.7 billion in 2023 to $233.13 billion in 2024 at a compound annual growth rate (CAGR) of 3.3%. The growth observed in the historical period can be attributed to factors such as insurance and financial requirements, a focus on social responsibility and ethical practices, the pursuit of energy efficiency certification, third-party verification, and the increased complexity of products.
The testing, inspection, and certification market size is expected to see steady growth in the next few years. It will grow to $275.79 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. The anticipated growth in the forecast period can be attributed to factors such as the increasing demand for certification in electric and autonomous vehicles, global efforts in climate change mitigation, a rising demand for certification in healthcare, a heightened focus on cybersecurity testing, and the growth in e-commerce and supply chain certification. Major trends expected in this period include the digital transformation in Testing, Inspection, and Certification (TIC), the integration of blockchain technology for certification processes, a surge in sustainability and green certification initiatives, the adoption of remote and virtual inspection services, and a heightened focus on health and safety certification.
The growth of the testing, inspection, and certification market is expected to be propelled by the stringent regulatory standards imposed by governments to ensure product safety and environmental protection. With increased concerns about the risk to human life and environmental impact, customers are actively seeking reliable and high-quality products. Organizations worldwide are adopting safety testing, inspection, and certification services to address product safety and quality issues in compliance with legislative rules. In April 2023, the European Parliament and the Council passed Regulation (EU) 2023/851, amending Regulation (EU) 2019/631 and making CO₂ emission standards for new passenger cars and light commercial vehicles even more stringent. This adjustment aligns with the European Union's heightened climate goals, impacting the emission standards new vehicles must meet, thereby driving the growth of the testing, inspection, and certification market.
The testing, inspection, and certification market's expansion is fueled by the rising demand for testing services in the manufacturing sector, particularly in consumer products, retail, and food & beverages. The manufacturing sector's pivotal role in producing tangible goods relies on testing, inspection, and certification processes to ensure product quality, safety, and compliance with industry standards. These processes play a crucial role in defect identification, maintaining consistent quality, and verifying that products meet customer and regulatory requirements. For instance, the manufacturing sector contributed $2.3 trillion to the US GDP in 2021, accounting for 12.0% of the total US GDP, underscoring the significance of testing services in this sector and driving the growth of the testing, inspection, and certification market.
A notable trend in the testing, inspection, and certification market is the integration of new technologies into products and services. The advent of artificial intelligence (AI) is transforming operations across various sectors, including testing, inspection, and certification. AI is applied in automated inspection to meet the challenges posed by physically demanding inspection zones. In June 2023, DEKRA, a Germany-based inspection, verification, testing, and certification company, launched the first generation of AI Testing and Certification services, including AI Advisory and Training, AI Audit, and AI Testing. These services aim to assist companies in ensuring the safety, security, and reliability of their AI-powered products and services.
Major companies operating in the testing, inspection, and certification market are adopting a strategic partnership approach to enhance efficiency. Strategic partnerships involve leveraging each other's strengths and resources to achieve mutual benefits and success. For example, in June 2023, SGS, a Switzerland-based inspection, verification, testing, and certification company, partnered with VAKT, the commodities post-trade platform, to launch VPD (VAKT Product Database), the first-ever reference dataset for traded refined products and crude grades. This collaboration seeks to unify reference data for traded crude grades and refined products, contributing to increased transparency, cost savings, and efficiency in the commodities trading sector.
In September 2021, Intertek Group plc, an England-based company offering assurance, inspection, product testing, and certification, acquired SAI Global Assurance, enhancing their combined assurance offering by providing increased scale and geographic coverage. The acquisition strengthens their ability to deliver additional risk-based quality audit, inspection, training, and certification services, along with enhanced global market access capabilities through their standards service offering. SAI Global, a US-based company, provides risk management services, quality assurance audit and certification, auditor training, standards information services, and property services.
Major companies operating in the in the testing, inspection, and certification market report are Bureau Veritas SA, Element Materials Technology, AIM Control Inspection Group, ALS Limited, AMARC Public Co. Ltd, Applus Services SA, AsureQuality Limited, BSI Group, Dekra Certification GmbH, DNV GL Business Assurance USA Inc., Eurofins Scientific SE, FARE Labs Pvt. Ltd, Intertek Group plc, Kiwa NV, Metech, MISTRAS Group Inc., SAI Global Limited, SGS Group, TUV SUD Ltd, UL Group, Cotecna Inspection SA, China Certification, Lloyd’s Register Group Limited, Société Générale de Surveillance, Nippon Kaiji Kyokai, Japan Quality Assurance & Inspection Institute, Exova Group PLC, Korea Testing & Certification Agency, Underwriters Laboratories, Apave International
Asia-Pacific was the largest region in the testing, inspection and certification market in 2023. The regions covered in the testing, inspection, and certification market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the testing, inspection, and certification market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The testing, inspection, and certification market includes revenues earned by entities by providing conformity assessment services for good practices. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Testing, Inspection, And Certification Market Characteristics3. Testing, Inspection, And Certification Market Trends And Strategies31. Global Testing, Inspection, And Certification Market Competitive Benchmarking32. Global Testing, Inspection, And Certification Market Competitive Dashboard33. Key Mergers And Acquisitions In The Testing, Inspection, And Certification Market
4. Testing, Inspection, And Certification Market - Macro Economic Scenario
5. Global Testing, Inspection, And Certification Market Size and Growth
6. Testing, Inspection, And Certification Market Segmentation
7. Testing, Inspection, And Certification Market Regional And Country Analysis
8. Asia-Pacific Testing, Inspection, And Certification Market
9. China Testing, Inspection, And Certification Market
10. India Testing, Inspection, And Certification Market
11. Japan Testing, Inspection, And Certification Market
12. Australia Testing, Inspection, And Certification Market
13. Indonesia Testing, Inspection, And Certification Market
14. South Korea Testing, Inspection, And Certification Market
15. Western Europe Testing, Inspection, And Certification Market
16. UK Testing, Inspection, And Certification Market
17. Germany Testing, Inspection, And Certification Market
18. France Testing, Inspection, And Certification Market
19. Italy Testing, Inspection, And Certification Market
20. Spain Testing, Inspection, And Certification Market
21. Eastern Europe Testing, Inspection, And Certification Market
22. Russia Testing, Inspection, And Certification Market
23. North America Testing, Inspection, And Certification Market
24. USA Testing, Inspection, And Certification Market
25. Canada Testing, Inspection, And Certification Market
26. South America Testing, Inspection, And Certification Market
27. Brazil Testing, Inspection, And Certification Market
28. Middle East Testing, Inspection, And Certification Market
29. Africa Testing, Inspection, And Certification Market
30. Testing, Inspection, And Certification Market Competitive Landscape And Company Profiles
34. Testing, Inspection, And Certification Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Testing, Inspection, And Certification Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on testing, inspection, and certification market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description:
Where is the largest and fastest growing market for testing, inspection, and certification? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Scope
- Markets Covered: 1) By Service Type: Testing Service; Inspection Service; Certification Service 2) By Sourcing Type: In-House; Outsourced 3) By Application: Quality And Safety; Production Evaluation; Industrial Inspection; System Certification 4) By End-User: Consumer Goods And Retail; Food And Agriculture; Oil And Gas; Construction And Engineering; Energy And Chemicals; Manufacturing; Transportation; Industrial And Automotive; Other End-Users
- Companies Mentioned: Bureau Veritas SA; Element Materials Technology; AIM Control Inspection Group; ALS Limited; AMARC Public Co. Ltd
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Bureau Veritas SA
- Element Materials Technology
- AIM Control Inspection Group
- ALS Limited
- AMARC Public Co. Ltd
- Applus Services SA
- AsureQuality Limited
- BSI Group
- Dekra Certification GmbH
- DNV GL Business Assurance USA Inc.
- Eurofins Scientific SE
- FARE Labs Pvt. Ltd
- Intertek Group plc
- Kiwa NV
- Metech
- MISTRAS Group Inc.
- SAI Global Limited
- SGS Group
- TUV SUD Ltd
- UL Group
- Cotecna Inspection SA
- China Certification
- Lloyd’s Register Group Limited
- Société Générale de Surveillance
- Nippon Kaiji Kyokai
- Japan Quality Assurance & Inspection Institute
- Exova Group PLC
- Korea Testing & Certification Agency
- Underwriters Laboratories
- Apave International
Methodology
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