Europe TIC Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Europe Electrical & Electronics Testing, Inspection and Certification Market is Segmented by Sourcing Type (Outsourced, In-house/Government), End-User Vertical (Consumer Goods and Retail, Automotive, Food and Agriculture, Manufacturing, Heavy Equipment and Machinery, Energy and Utilities, Oil & Gas and Chemicals, Construction, Aerospace & Defense and Rail, Life Sciences, Marine & Mining), and Country. The Market Sizes and Forecasts are in Terms of Value (USD) for all the Above Segments.

Europe TIC Market Size

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Europe TIC Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 63.29 Billion
Market Size (2029) USD 85.09 Billion
CAGR (2024 - 2029) 6.10 %
Market Concentration Low

Major Players

Europe TIC Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Europe TIC Market Analysis

The Europe TIC Market size is estimated at USD 63.29 billion in 2024, and is expected to reach USD 85.09 billion by 2029, growing at a CAGR of 6.10% during the forecast period (2024-2029).

The continuous improvement in industry practice toward achieving superior quality control and workplace safety continues to drive the demand for improved and efficient testing, inspection, and certification-based requirements.

  • Testing, inspection, and certification (TIC) play a significant role, primarily in ensuring that the infrastructure, services, and products meet the standards and regulations of safety and quality. Due to the increased demand for inspection and testing at regular intervals across a few enterprises, such as oil and gas, the TIC market is expected to grow, irrespective of the industrial seasonality. For instance, in March 2023, Rakuten Symphony, in collaboration with its parent Rakuten Mobile, officially established its Open RAN Customer Experience Centre, a test lab in Weybridge, with several retailer partners installed in its on-site, cloud-based radio access network installation.
  • Furthermore, the boost in the volume of imports and exports in Europe, especially for products in the food and beverages, consumer electronics, agriculture, and automotive (EV) markets, is anticipated to provide more scope for TIC services in the region. For instance, as per Eurostat, EU imports of goods increased by 41.3 % in 2022 compared with the previous year, while exports rose by 17.9% in 2022.
  • The advancement in demand for safety and infrastructure investments in the region is expanding the growth of the studied market. Furthermore, the use of complex technologies, shorter product lifecycles, and the complexity of supply chains in many end-user industries are driving the growth of the studied market. For instance, in June 2022, the EU invested EUR 5.4 billion in sustainable, safe, and efficient transport infrastructure.
  • In addition, the European Commission selected 135 transport infrastructure projects for EU grants from 399 project proposals submitted under the CEF, the EU's funding instrument for strategic investment in transport infrastructure. Further, the European Commission is speeding up the financing of 35 military mobility projects to support transporting troops and equipment along the trans-European transport network (TEN-T).
  • Rapid technological advancements, which have led to product diversity and, in some cases, shorter life cycles, are expected to increase the usage of TIC services. Emerging technological trends, like connected devices (IoT), mobile payments, smart cities, and connected cars, drive the importance of software testing and inspection on par with hardware testing and inspection. As these technologies become mainstream, the dependency on TIC services is expected to increase.
  • Moreover, Certain products require third-party verification for testing, inspection, and certification services, which results in a time-consuming process. The occurrence of time-consuming procedures for providing TIC to specific products impedes product export and import. Most businesses are concerned about this because time-consuming qualification testing causes delays in importing goods, further impeding productivity. As a result of this critical challenge, the TIC market's growth will be slowed.

Europe TIC Market Trends

Consumer Goods and Retail Segment is Expected to Hold Significant Market Share

  • Due to the increasing competition in Europe from new markets and rising requirements for quality from consumers, quality security and compliance solutions are vital for customers. Most of the retail services and consumer goods make use of testing and certification. Considering the region's growth of online retail platforms, retail and consumer products are expected to become the fastest-growing segment.
  • According to the OECD, in 2023, the total retail trade sales volume index in the European Union remained nearly unchanged at around 114.08. In 2022, the European Union saw its total retail trade sales volume index peak at approximately 116.5.
  • TIC services offered by the market vendors cover the entire consumer products' value chain from the plan, buy, and push to ship, stock, and sell to allow informed quality and sourcing decisions. The testing services verify that the products are safe and conform to various specifications. The advisory and inspection services are helpful as they allow consumers to satisfy regulatory requirements.
  • Also, the pandemic has fueled the demand for connected consumer electronics and IoT devices. Hence, various European vendors are increasingly offering services for IoT devices and expanding their presence in this space. The growth in wireless devices also needs certification to address multiple technologies, including Bluetooth SIG, NFC Forum, LoRa Alliance, Sigfox, GCF, and PTCRB for cellular.
  • Moreover, rising consumer goods production in the area also creates significant demand for TIC services. For instance, as per Eurostat, in September 2022, compared with September 2021, the production of non-durable consumer goods rose by 5.7%, and that of durable consumer goods increased by 3.6% in the EU.
  • Consumer and residence electronics are regulated under a broad range of policy instruments in the EU, including legislation on general product safety, sector-specific regulation, and consumer protection provisions. Consequently, manufacturers and sellers must comply with many rules, creating significant demand for TIC services.
Europe TIC Market: Retail Trade Sales Trend, as Index, Europe, 2015-2022

Germany is Expected to Witness Significant Growth

  • The growing automotive production and trends, like electric vehicles and autonomous cars, are anticipated to increase the need and adoption of TIC services in Germany. According to KBA, as of April 2024, in Germany, there were 9,36,486 plug-in hybrid electric (PHEV) cars, a significant boost compared to the year before.
  • Further, The independent testing institute ISP recently brought into operation its new EV battery testing center in Salzbergen in northwest Germany, which is expected to deliver all testing services for EV batteries.
  • Moreover, the country is a significant oil, coal, and natural gas consumer. The country's demand for oil is growing with its economy. With the United Kingdom's exit from the European Union nations, Germany has more supremacy over the EU market than before. The size and location of the country give it considerable influence over the European Union's energy sector.​ According to the German Association of Energy and Water Industries, in 2022, the country's natural gas consumption stood at 866.2 billion kWh (almost 80 bcm). Domestic production met 5.5% of the country's demand.
  • Furthermore, according to the industry association AGEB, the primary power consumption of natural gas in Germany has been increasing. In 2022, natural gas consumption in the country rose to 4,160 petajoules from 4,039 petajoules in the previous year.
  • Considering the rising trends, the government has targeted a 55 percent emissions cut in the oil and gas and automotive sectors by 2030 and intends to introduce carbon pricing for building and transportation sector emissions from 2021. Furthermore, Germany's power sector is one of the primary sources of need for testing and inspection services after the oil and gas sector.
  • In Germany, the federal states are responsible for official food management and inspection tests. Businesses involved in producing, processing, and selling foodstuffs must document the quality of raw materials used by conducting in-house checks. The growing need for food safety and the increasing international trade are expected to offer potential opportunities during the forecast period.
Europe TIC Market: Number of Plug-in Hybrid Electric Cars, in Units, in Germany, 2017- April 2024

Europe TIC Industry Overview

The European TIC market is highly fragmented, with the presence of major players like Société Générale de Surveillance SA (SGS SA), TÜV SÜD Limited, Applus Services SA, Bureau Veritas SA, and Intertek Group PLC. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

  • June 2023 - Applus+, one of the global leaders in the testing, inspection, and certification (TIC) sector, announced the acquisition of Rescoll, a leading materials testing and R&D technological partner based in France.
  • November 2022- SGS acquired Bucharest-based Industry Laboratory, further improving its range of testing services for the Romanian food market. The lab offers a broad range of microbiological research services, from the enumeration of indicator organisms to detecting foodborne pathogens.

Europe TIC Market Leaders

  1. Société Générale de Surveillance SA (SGS SA)

  2. TÜV SÜD Limited

  3. Applus Services SA

  4. Bureau Veritas SA

  5. Intertek Group PLC

*Disclaimer: Major Players sorted in no particular order

Europe TIC Market Concentration
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Europe TIC Market News

  • June 2023 - NMi, one of the market leaders in the certification of measuring and metering technologies, and CCIC Europe (CCIC EU), the regional company of the China Inspection & Certification Group, have announced a partnership to provide testing, inspection, and certification services to manufacturers in the People’s Republic of China (PRC).
  • October 2022 - TÜV NORD, through its subsidiary, ALTER TECHNOLOGY, received a minority stake in the Edinburgh-based Global Surface Intelligence, which has designed a remote sensing platform to provide forest owners with real-time asset information in a regular, repeatable, and automated fashion. The strategic investment was aimed at combining AI-based image analysis with certification services.
  • January 2022 - SGS announced a collaboration with Microsoft. The partnership aimed to integrate Microsoft's cross-industry expertise, advanced data solutions, productivity outlets, and SGS's global network and industry competence to design innovative solutions for the TIC industry's customers.

Europe TIC Market Report - Table of Contents


    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.2.1 Bargaining Power of Suppliers

      2. 4.2.2 Bargaining Power of Consumers

      3. 4.2.3 Threat of New Entrants

      4. 4.2.4 Intensity of Competitive Rivalry

      5. 4.2.5 Threat of Substitutes

    3. 4.3 Market Drivers

      1. 4.3.1 Increasing Trading Across Borders and Stringent Regulations

      2. 4.3.2 Technological Evolution

      3. 4.3.3 Mass Customization and Shorter Product Life Cycles

    4. 4.4 Market Challenges

      1. 4.4.1 Increase in Lead Times for Assessment Programs Due to the Growing Complexity of the Supply Chain

      2. 4.4.2 Issue of Certification Post-Brexit

    5. 4.5 Major TIC Standards and Regulations

    6. 4.6 Impact of Macroeconomic Trends on the Market


    1. 5.1 Influence of Various Technologies such as Smart Sensors, Blockchain, Big Data and Analytics and Connected Devices on the Market

    2. 5.2 Evolution of TIC for the Additive Manufacturing Industry (Trends, Developments and Outlook)


    1. 6.1 By Sourcing Type

      1. 6.1.1 Outsourced

        1. Type of Service

          1. Testing and Inspection

          2. Certification

      2. 6.1.2 In-house/Government

    2. 6.2 By End User Vertical

      1. 6.2.1 Consumer Good and Retail

      2. 6.2.2 Automotive

      3. 6.2.3 Food and Agriculture

      4. 6.2.4 Manufacturing and Industrial Goods

      5. 6.2.5 Energy and Utilities

      6. 6.2.6 Oil & Gas and Chemicals

      7. 6.2.7 Construction

      8. 6.2.8 Transport, Aerospace, and Rail

      9. 6.2.9 Life Sciences

      10. 6.2.10 Marine & Mining

      11. 6.2.11 Other End User Verticals

    3. 6.3 By Country

      1. 6.3.1 Germany

      2. 6.3.2 France

      3. 6.3.3 Italy

      4. 6.3.4 United Kingdom


    1. 7.1 Company Profiles*

      1. 7.1.1 Société Générale de Surveillance SA (SGS SA)

      2. 7.1.2 TÜV SÜD Limited

      3. 7.1.3 Applus Services SA

      4. 7.1.4 Bureau Veritas SA

      5. 7.1.5 Intertek Group

      6. 7.1.6 ATG Technology Group

      7. 7.1.7 A/S Baltic Control Ltd Aarhus

      8. 7.1.8 CIS Commodity Inspection Services BV

      9. 7.1.9 DEKRA SA

      10. 7.1.10 VIC Inspection Services Holding Ltd

      11. 7.1.11 Vinçotte International SA

      12. 7.1.12 RTM BREDA SRL

      13. 7.1.13 Kiwa NV

      14. 7.1.14 AQM SRL

      15. 7.1.15 Element Materials Technology

      16. 7.1.16 LabAnalysis SRL

      17. 7.1.17 Eurofins Scientific SE

      18. 7.1.18 UL LLC

      19. 7.1.19 TÜV Rheinland Group

      20. 7.1.20 DNV GL

      21. 7.1.21 ALS Limited

      22. 7.1.22 TÜV NORD Group

      23. 7.1.23 Quality Analysis GmbH



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Europe TIC Industry Segmentation

The testing, inspection, and certification industry consists of conformity assessment bodies that offer services ranging from auditing and inspection to testing, verification, quality assurance, and certification.

The Europe Testing, Inspection, and Certification market is segmented by sourcing type (outsourced and In-house/government), by end-user vertical (consumer goods and retail, automotive, food and agriculture, manufacturing, heavy equipment and machinery, energy and utilities, oil and gas and chemicals, construction, transport, aerospace, and rail, life sciences, and marine and mining), and by country (Germany, France, Italy, United Kingdom, and the Rest of Europe). The report offers the market size in value terms in USD for all the abovementioned segments.

By Sourcing Type
Type of Service
Testing and Inspection
By End User Vertical
Consumer Good and Retail
Food and Agriculture
Manufacturing and Industrial Goods
Energy and Utilities
Oil & Gas and Chemicals
Transport, Aerospace, and Rail
Life Sciences
Marine & Mining
Other End User Verticals
By Country
United Kingdom
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Europe TIC Market Research FAQs

The Europe TIC Market size is expected to reach USD 63.29 billion in 2024 and grow at a CAGR of 6.10% to reach USD 85.09 billion by 2029.

In 2024, the Europe TIC Market size is expected to reach USD 63.29 billion.

Société Générale de Surveillance SA (SGS SA), TÜV SÜD Limited, Applus Services SA, Bureau Veritas SA and Intertek Group PLC are the major companies operating in the Europe TIC Market.

In 2023, the Europe TIC Market size was estimated at USD 59.43 billion. The report covers the Europe TIC Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe TIC Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Europe TIC Industry Report

Statistics for the 2024 Europe TIC market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe TIC analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Europe TIC Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)