Market revenue in 2024 | USD 114,418.2 million |
Market revenue in 2030 | USD 138,467.9 million |
Growth rate | 3.1% (CAGR from 2025 to 2030) |
Largest segment | Testing |
Fastest growing segment | Certification |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Testing, Inspection, Certification |
Key market players worldwide | ALS Ltd, Applus Services SA, Bureau Veritas SA, DEKRA Certification, Element Materials Technology, Eurofins Scientific SE, Intertek Group PLC, MISTRAS Group Inc, SGS AG |
Testing was the largest segment with a revenue share of 78.67% in 2024. Horizon Databook has segmented the Europe testing, inspection, and certification market based on testing, inspection, certification covering the revenue growth of each sub-segment from 2018 to 2030.
Europe enforces rigorous quality, safety, and environmental regulations across various sectors such as automotive, healthcare, construction, and energy. This creates continuous demand for TIC services to ensure compliance.
The EU’s Green Deal and sustainability goals are pushing industries to adhere to strict environmental and sustainability standards, boosting demand for TIC services in renewable energy, green construction materials, and sustainable manufacturing.
Moreover, increased adoption of advanced technologies, such as, IoT, AI, and blockchain in TIC processes is enhancing service efficiency. This is particularly significant in countries like Germany and France, which have tech-driven industries.
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account