South Korea Testing, Inspection, And Certification Market Size & Outlook
Related Markets
South Korea testing, inspection, and certification market highlights
- The South Korea testing, inspection, and certification market generated a revenue of USD 8,678.9 million in 2024 and is expected to reach USD 11,788.6 million by 2030.
- The South Korea market is expected to grow at a CAGR of 5.1% from 2025 to 2030.
- In terms of segment, testing was the largest revenue generating service in 2024.
- Certification is the most lucrative service segment registering the fastest growth during the forecast period.
Testing, inspection, and certification market data book summary
| Market revenue in 2024 | USD 8,678.9 million |
| Market revenue in 2030 | USD 11,788.6 million |
| Growth rate | 5.1% (CAGR from 2025 to 2030) |
| Largest segment | Testing |
| Fastest growing segment | Certification |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, South Korea accounted for 2.2% of the global testing, inspection, and certification market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China testing, inspection, and certification market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 26,970.9 million by 2030.
Testing was the largest segment with a revenue share of 81.21% in 2024. Horizon Databook has segmented the South Korea testing, inspection, and certification market based on testing, inspection, certification covering the revenue growth of each sub-segment from 2018 to 2030.
The TIC market in South Korea is propelled by a combination of technological innovation, export-driven industries, stringent regulations, and consumer demand for high-quality and safe products. South Korea’s strict data privacy laws, such as the Personal Information Protection Act (PIPA), require companies to undergo TIC processes for compliance.
With the rise in IoT devices, smart factories, and connected products, there is a growing emphasis on cybersecurity testing and certification. The South Korean government actively supports industrial growth through policies and initiatives that prioritize product safety and international competitiveness.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Testing, Inspection, And Certification Market Scope
Testing, Inspection, And Certification Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| DEKRA Certification | View profile | 1001-5000 | Arnhem, Gelderland, The Netherlands, Europe | https://www.dekra-certification.fr/ |
| MISTRAS Group Inc | View profile | 4800 | 195 Clarksville Road, Princeton Junction, NJ, United States, 08550 | https://www.mistrasgroup.com |
| Element Materials Technology | View profile | 5001-10000 | Aberdeen, Aberdeen City, United Kingdom, Europe | https://www.element.com |
| Applus Services SA | View profile | 26770 | Calle Campezo 1,, Parque Empresarial Las Mercedes, Edificio 3, Madrid, Spain, 28022 | https://www.applus.com |
| ALS Ltd | View profile | 19085 | 299 Coronation Drive, Level 2, Milton, Brisbane, QLD, Australia, 4064 | https://www.alsglobal.com |
| Bureau Veritas SA | View profile | 81511 | 40/52 Boulevard du Parc, Immeuble Newtime, Neuilly-sur-Seine, France, 92200 | https://group.bureauveritas.com |
| Intertek Group PLC | View profile | 44000 | 33 Cavendish Square, London, United Kingdom, W1G 0PS | https://www.intertek.com |
| SGS AG | View profile | 103193 | 1 Place des Alpes, P.O. Box 2152, Geneva, Switzerland, CH-1211 | https://www.sgs.com |
| Eurofins Scientific SE | View profile | 61798 | 23 Val Fleuri, Luxembourg, Luxembourg, L-1526 | https://www.eurofins.com |
South Korea testing, inspection, and certification market size, by service, 2018-2030 (US$M)
South Korea Testing, Inspection, And Certification Market Outlook Share, 2024 & 2030 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
