Europe TIC Market

Europe TIC Market by Sourcing type (In-house and Outsourced services), Service type (Testing, Inspection and Certification), Application (Consumer Goods and Retail, Automotive, Aerospace) and Country - Forecast to 2025

Report Code: SE 7709 Aug, 2020, by marketsandmarkets.com

[217 Pages Report] The Europe TIC market is expected to grow from USD 50.1 billion in 2020 to USD 60.4 billion in 2025, at a CAGR of 3.8%. The primary reasons for this rise in demand are the increasing mandatory certification and compliances by government in order to trade and growing awareness about standards of products among the customers.

Europe TIC Market

Outsourced services, by scanning type, is expected to grow at the highest CAGR during the forecast period.

The market for outsourced services is expected to increase considering the innovative and advanced testing and inspection services performed by third party TIC service providers which gives a sense of trust and reliability to the manufacturer. Moreover, government are considering the results published by third-party service providers as the results are not biased and are accurate. 

The market for certification services to grow at highest CAGR in Europe TIC market, by service type, in 2020

Certification services ensure product safety and performance attributes. Certification services mainly include customized audit and certification services with reference to quality, health and safety, environment, and social responsibility. These services aimed at improving business performance.

Europe TIC Market  by Region

The market for agriculture and food application to grow at highest CAGR during forecast period

The agriculture and food businesses are built on the ideologies of integrity, safety, and sustainability, and close monitoring of each principle is highly important. TIC services for the agriculture industry are required to ensure quality and improve the productivity of food products. These services also support companies playing a crucial role in trading agricultural commodities and food products by acquiring certifications.

Poland, by region, is expected to grow at the highest CAGR during the forecast period.

Poland is set to witness the highest growth rate during the forecast period due to the numerous manufacturing capabilities of the region. The largest industries in Poland are the agriculture, manufacturing, energy, and tourism industries.  The automotive sector in Poland has seen rapid growth since the collapse of the Soviet Union but experienced its most significant growth after the country became part of the European Union in 2004. 

Key market players

Key players in the Europe TIC market include SGS (Switzerland), Bureau Veritas (France), Intertek (UK), Eurofins Scientific (Luxembourg), DEKRA (Germany). Intertek is a well-known player for providing innovative and customized TIC solutions in the TIC market. Strong brand name and customer base are among the key factors that resulted in the leading position of SGS in the Europe TIC market. Apart from the strong brand name and customer base, the company has strong R&D capabilities and geographic presence. SGS focuses on strategies such as acquisitions and product launches to strengthen its product portfolio and maintain its position in the Europe TIC market.

Scope of the Report

Report Metric

Details

Market size available for years

2017–2025

Base year considered

2019

Forecast period

2020–2025

Forecast units

Value (USD)

Segments covered

sourcing type, Service type, Application, and country

Regions covered

Europe

Companies covered

SGS (Switzerland), Bureau Veritas (France), Intertek (UK), TÜV NORD (Germany), TÜV SUD (Germany), Eurofins Scientific (Luxembourg), TÜV Rheinland (Germany), CETECOM (Germany), DEKRA (Germany), Applus+ (Spain), Element Material Technology (UK), and DNV GL (Norway)

This research report categorizes the SWIR market based on offering, end-user application, and region.

Europe TIC Market, By Sourcing Type

  • In-house services
  • Outsourced services

Europe TIC Market, By Service Type

  • Testing
  • Inspection
  • Certification
  • Others

Europe TIC Market, By Application

  • Consumer Goods and Retail
  • Agriculture and Food
  • Chemicals
  • Construction and Infrastructure
  • Energy and Power
  • Industrial manufacturing
  • Medical and Life Sciences
  • Mining
  • Oil & Gas and Petroleum
  • Public Sector
  • Automotive
  • Aerospace
  • Marine
  • Railways
  • Supply Chain and Logistics
  • IT and Telecommunications
  • Sports & Entertainment

SWIR Market, By Geography

  • Europe
    • Germany
    • Italy
    • France
    • UK
    • Italy
    • Belgium
    • Spain
    • Switzerland
    • Hungary
    • Bulgaria
    • Morocco
    • Austria
    • Turkey
    • Croatia
    • Ireland
    • Greece
    • Denmark
    • Norway
    • Netherlands
    • Russia
    • Poland
    • Rest of Europe

Recent developments

  • Bureau Veritas partnered with Cornis (Paris), a leading provider for blade technology, to offer advanced blade inspection services for wind turbines.
  • Intertek launched ground-breaking total sustainability assurance services, which include benchmarking, assessment, and verification, along with TIC services.
  • Eurofins Scientific acquired Transplant Genomics Inc. to improve its transplantation testing skills, which, in turn, would enhance its diagnostic reliability and reduce the rejection risks.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 26)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION AND SCOPE
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 STUDY SCOPE
           1.3.1 MARKETS COVERED
                 FIGURE 1 EUROPE TIC MARKET
           1.3.2 YEARS CONSIDERED
    1.4 CURRENCY
    1.5 LIMITATIONS
    1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY (Page No. - 29)
    2.1 RESEARCH DATA
        FIGURE 2 RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Key industry insights
                            FIGURE 3 BREAKDOWN OF PRIMARIES
    2.2 MARKET SIZE ESTIMATION
        FIGURE 4 PROCESS FLOW OF MARKET SIZE ESTIMATION
        FIGURE 5 BOTTOM-UP APPRACH
        FIGURE 6 TOP-DOWN APPROACH
    2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
        FIGURE 7 DATA TRIANGULATION
    2.4 LIMITATIONS
        TABLE 1 STUDY LIMITATIONS
    2.5 RESEARCH ASSUMPTIONS
        TABLE 2 STUDY ASSUMPTIONS

3 EXECUTIVE SUMMARY (Page No. - 37)
  FIGURE 8 IMPACT OF COVID-19 ON EUROPE TIC MARKET, 2016-2025
  FIGURE 9 EUROPE TIC MARKET, BY SERVICE TYPE (2020–2025)
  FIGURE 10 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET, BY APPLICATION (2020–2025)
  FIGURE 11 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET, BY SOURCING TYPE (2020–2025)

4 PREMIUM INSIGHTS (Page No. - 40)
    4.1 STRINGENT STANDARDIZATION REGULATIONS TO OFFER OPPORTUNITIES FOR THE MARKET
        FIGURE 12 SWIFT IMPLEMENTATION OF PRODUCT STANDARDIZATION PRACTICES AND PENETRATION OF INNOVATIVE TECHNOLOGIES ACROSS MULTIPLE INDUSTRIES TO LEAD GROWTH OF EUROPE TIC MARKET DURING FORECAST PERIOD
    4.2 EUROPE TIC MARKET, BY SERVICE TYPE
        FIGURE 13 TESTING SERVICES ESTIMATED TO ACCOUNT FOR THE LARGEST SHARE OF MARKET IN 2020
    4.3 EUROPE TIC MARKET, BY APPLICATION
        FIGURE 14 CONSUMER GOODS & RETAIL APPLICATION TO ACCOUNT FOR LARGEST SHARE OF MARKET IN 2020
    4.4 EUROPE TIC MARKET, BY SOURCING TYPE
        FIGURE 15 MARKET FOR IN-HOUSE SOURCING TYPE TO ACCOUNT FOR THE LARGER SHARE IN MARKET IN 2025

5 MARKET OVERVIEW (Page No. - 42)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
        FIGURE 16 EUROPE TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                 FIGURE 17 EUROPE TIC MARKET DRIVERS AND THEIR IMPACT
                    5.2.1.1 Surge in illegal trade of counterfeit and pirated goods
                    5.2.1.2 Disposition toward outsourcing TIC services
                    5.2.1.3 Developments in networking and communication technologies
           5.2.2 RESTRAINTS
                 FIGURE 18 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET RESTRAINT AND ITS IMPACT
                    5.2.2.1 Varied standards and regulations among European economies
           5.2.3 OPPORTUNITIES
                 FIGURE 19 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET OPPORTUNITIES AND THEIR IMPACT
                    5.2.3.1 Rise in demand for TIC services across industries
                    5.2.3.2 Growth opportunities for small and medium-sized businesses
           5.2.4 CHALLENGES
                 FIGURE 20 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET CHALLENGE AND ITS IMPACT
                    5.2.4.1 Adoption of innovative technologies by smaller TIC players
    5.3 INDUSTRY TRENDS
           5.3.1 VALUE CHAIN ANALYSIS
                 FIGURE 21 VALUE CHAIN ANALYSIS: EUROPE TIC MARKET
           5.3.2 KEY INDUSTRY TRENDS
                 TABLE 3 MAJOR TRENDS IN EUROPE TIC MARKET
           5.3.3 PEST ANALYSIS
                    5.3.3.1 Political factors
                    5.3.3.2 Economic factors
                    5.3.3.3 Social factors
                    5.3.3.4 Technological factors
    5.4 COVID-19 IMPACT ANALYSIS
           5.4.1 IMPACT ON VALUE CHAIN
           5.4.2 IMPACT ON MARKET DYNAMICS
           5.4.3 COUNTRY-LEVEL IMPACT ANALYSIS
                    5.4.3.1 Current scenario
                    5.4.3.2 Expected impact analysis

6 EUROPE TIC MARKET, BY SOURCING TYPE (Page No. - 53)
    6.1 INTRODUCTION
        FIGURE 22 IMPACT OF COVID-19 ON OUTSOURCED SERVICES ON MARKET
        TABLE 4 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET, BY OUTSOURCED SERVICE, 2017–2025 (USD BILLION)
        FIGURE 23 IN-HOUSE SERVICES TO ACCOUNT FOR LARGEST SIZE OF MARKET IN 2020
        TABLE 5 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    6.2 IN-HOUSE SERVICES
           6.2.1 IN-HOUSE TESTING SERVICES TO CONTINUE TO CAPTURE LARGER MARKET SHARE DURING FORECAST PERIOD
    6.3 OUTSOURCED SERVICES
           6.3.1 MARKET FOR OUTSOURCED SERVICES TO GROW AT HIGHER CAGR DURING 2020–2025

7 EUROPE TIC MARKET, BY SERVICE TYPE (Page No. - 57)
    7.1 INTRODUCTION
        FIGURE 24 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET, BY SERVICE TYPE
        FIGURE 25 IMPACT OF COVID-19 ON EUROPE TIC MARKET, BY CERTIFICATION SERVICE
        TABLE 6 MARKET, BY CERTIFICATION SERVICE, 2017-2025 (USD BILLION)
        FIGURE 26 TESTING SERVICES PROJECTED TO DOMINATE EUROPE TIC MARKET DURING FORECAST PERIOD
        TABLE 7 MARKET, BY SERVICE TYPE, 2017–2025 (USD MILLION)
    7.2 TESTING SERVICES
           7.2.1 NEW TECHNOLGOIES HAVE LED TO AN INCREASE IN THE DEMAND FOR TIC SERVICES IN EUROPE
    7.3 INSPECTION SERVICES
           7.3.1 INSPECTION SERVICES ALLOW PRODUCTS TO MEET INDUSTRY STANDARDS AND GOVERNMENT NORMS TO MINIMIZE LOSSES DUE TO DEFECTIVE PRODUCTS
    7.4 CERTIFICATION SERVICES
           7.4.1 COMPLIANCES TO ENSURE MARKETABILITY OF PRODUCTS IS ACHIEVED THROUGH CERTIFICATION SERVICES
    7.5 OTHER SERVICES
           7.5.1 ASSET INTEGRITY MANAGEMENT AND CONSULTING SERVICES ARE CRITICAL TO THE TIC BUSINESS

8 EUROPE TIC MARKET, BY APPLICATION (Page No. - 63)
    8.1 INTRODUCTION
        FIGURE 27 IMPACT OF COVID-19 ON EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET, BY CONSUMER GOODS AND RETAIL APPLICATION
        TABLE 8 EUROPE TIC MARKET, BY CONSUMER GOODS AND RETAIL APPLICATION, 2017-2025 (USD BILLION)
        FIGURE 28 CONSUMER GOODS & RETAIL APPLICATION ESTIMATED TO ACCOUNT FOR LARGEST SIZE IN MARKET IN 2020
        TABLE 9 EUROPE TIC MARKET, BY APPLICATION, 2017–2025 (USD MILLION)
    8.2 CONSUMER GOODS & RETAIL
           8.2.1 STRICT MEASURES TAKEN TO TEST AND CERTIFY ELECTRICAL AND ELECTRONIC PRODUCTS WITHIN THE CONSUMER GOODS & RETAIL APPLICATION
           8.2.2 PERSONAL CARE AND BEAUTY PRODUCTS
           8.2.3 HARD GOODS
           8.2.4 SOFTLINES AND ACCESSORIES
           8.2.5 TOYS AND JUVENILE PRODUCTS
           8.2.6 ELECTRICAL AND ELECTRONICS
           8.2.7 OTHERS
    8.3 AGRICULTURE & FOOD
           8.3.1 HIGH DEMAND FOR CERTIFIED FOOD PRODUCTS IS DRIVING MARKET FOR TIC SERVICES FOR AGRICULTURE & FOOD APPLICATIONS
           8.3.2 SEEDS AND CROPS
           8.3.3 FERTILIZERS
           8.3.4 COMMODITIES
           8.3.5 FOOD
           8.3.6 FORESTRY
           8.3.7 OTHERS
    8.4 CHEMICALS
           8.4.1 ASSET INTEGRITY MANAGEMENT SERVICES ENSURE PRODUCTIVITY, RELIABILITY, AND SAFETY OF PLANT ASSETS
           8.4.2 ASSET INTEGRITY MANAGEMENT SERVICES
           8.4.3 PROJECT LIFECYCLE SERVICES
           8.4.4 FINISHED PRODUCT SERVICES
           8.4.5 CHEMICAL FEEDSTOCK SERVICES
           8.4.6 OTHERS
    8.5 CONSTRUCTION & INFRASTRUCTURE
           8.5.1 HEAVY MACHINERY IS REQUIRED TO UNDERGO TESTING AND INSPECTION BEFORE COMMERCIALIZATION AND THEREBY DEMANDS TIC SERVICES
           8.5.2 PROJECT MANAGEMENT SERVICES
           8.5.3 MATERIAL TESTING
           8.5.4 CONSTRUCTION MACHINERY AND EQUIPMENT SERVICES
           8.5.5 FACILITIES MANAGEMENT AND INSPECTION SERVICES
           8.5.6 OTHERS
    8.6 ENERGY & POWER
           8.6.1 INCREASING DEMAND FOR NUCLEAR, WIND, AND SOLAR ENERGY PROPEL MARKET GROWTH
           8.6.2 ENERGY SOURCES
                    8.6.2.1 Nuclear
                    8.6.2.2 Wind
                    8.6.2.3 Solar
                    8.6.2.4 Alternative fuels
                    8.6.2.5 Fuel oils and gases
                    8.6.2.6 Coal
           8.6.3 POWER GENERATION
           8.6.4 POWER DISTRIBUTION
           8.6.5 ASSET INTEGRITY MANAGEMENT SERVICES
           8.6.6 PROJECT LIFECYCLE SERVICES
           8.6.7 OTHERS
    8.7 INDUSTRIAL & MANUFACTURING
           8.7.1 TIC SERVICES PLAY A CRITICAL ROLE IN QUALITY, CONFORMITY, AND SAFETY OF INDUSTRIAL PRODUCTS IN SUPPLY CHAIN OF INDUSTRIAL & MANUFACTURING ECOSYSTEM
           8.7.2 SUPPLIER-RELATED SERVICES
           8.7.3 PRODUCTION- AND PRODUCT-RELATED SERVICES
           8.7.4 PROJECT-RELATED SERVICES
           8.7.5 OTHERS
    8.8 MEDICAL & LIFE SCIENCES
           8.8.1 TIC APPROVED ADVANCED MEDICAL DEVICES WHICH ARE IN DEMAND DRIVE GROWTH OF MEDICAL & LIFE SCIENCES APPLICATIONS
           8.8.2 MEDICAL DEVICES
           8.8.3 HEALTH, BEAUTY, AND WELLNESS
           8.8.4 CLINICAL SERVICES
           8.8.5 LABORATORY SERVICES
           8.8.6 BIOPHARMACEUTICAL AND PHARMACEUTICAL SERVICES
           8.8.7 OTHERS
    8.9 MINING
           8.9.1 EXPLORATION SERVICES AND PRODUCTION & PLANT SERVICES CONTRIBUTE SIGNIFICANTLY TO GROWTH OF EUROPE TIC MARKET FOR MINING APPLICATION
           8.9.2 INSPECTION AND SAMPLING SERVICES
           8.9.3 ANALYTICAL SERVICES
           8.9.4 EXPLORATION SERVICES
           8.9.5 METALLURGY AND PROCESS DESIGN SERVICES
           8.9.6 PRODUCTION AND PLANT SERVICES
           8.9.7 SITE OPERATIONS AND CLOSURE SERVICES
           8.9.8 PROJECT RISK ASSESSMENT AND MITIGATION SERVICES
           8.9.9 OTHERS
    8.10 OIL & GAS AND PETROLEUM
           8.10.1 NEED FOR HIGH-QUALITY ANALYTICAL TESTING SERVICES AND SPECIALIST KNOWLEDGE IN UPSTREAM SEGMENT OF OIL & GAS AND PETROLEUM APPLICATION ACCELERATE DEMAND FOR TIC SERVICES
           8.10.2 UPSTREAM
           8.10.3 DOWNSTREAM
           8.10.4 BIOFUELS AND FEEDSTOCK
           8.10.5 PETROCHEMICALS
           8.10.6 ASSET INTEGRITY MANAGEMENT
           8.10.7 PROJECT LIFECYCLE
           8.10.8 OTHERS
    8.11 PUBLIC SECTOR
           8.11.1 PRODUCT CONFORMITY ASSESSMENT (PCA) REQUIRE TIC SERVICES TO ENSURE PRODUCTS MEET COUNTRY-LEVEL REGULATIONS
           8.11.2 PRODUCT CONFORMITY ASSESSMENT SERVICES
           8.11.3 MONITORING SERVICES
           8.11.4 VALUATION SERVICES
           8.11.5 OTHERS
    8.12 AUTOMOTIVE
           8.12.1 VEHICLE INSPECTION SERVICES (VIS) IN AUTOMOTIVE INDUSTRY FOSTER GROWTH OF EUROPE TIC MARKET
           8.12.2 ELECTRICAL SYSTEMS AND COMPONENTS
           8.12.3 ELECTRIC VEHICLES, HYBRID ELECTRIC VEHICLES, AND BATTERY SYSTEMS
           8.12.4 TELEMATICS
           8.12.5 FUELS, FLUIDS, AND LUBRICANTS
           8.12.6 INTERIOR AND EXTERIOR MATERIALS AND COMPONENTS
           8.12.7 VEHICLE INSPECTION SERVICES (VIS)
           8.12.8 HOMOLOGATION TESTING
           8.12.9 OTHERS
    8.13 AEROSPACE
           8.13.1 FLIGHT TESTS, TRACEABILITY-TO-CERTIFICATION MANAGEMENT, AND CERTIFICATION WITHIN AVIATION MANAGEMENT APPLICATION LEAD TO GROWTH OF EUROPE TIC MARKET
           8.13.2 AEROSPACE MANUFACTURING SERVICES
           8.13.3 AVIATION MANAGEMENT SERVICES
           8.13.4 OTHERS
    8.14 MARINE
           8.14.1 TIC SERVICES PLAY VITAL ROLE IN MARINE FUEL SYSTEM AND COMPONENT TESTING IN MARINE APPLICATIONS
           8.14.2 MARINE FUEL SYSTEM AND COMPONENT SERVICES
           8.14.3 SHIP CLASSIFICATION SERVICES
           8.14.4 MARINE MATERIAL AND EQUIPMENT SERVICES
           8.14.5 OTHERS
    8.15 RAILWAYS
           8.15.1 INSPECTION AND MONITORING ACTIVITIES AUGMENT DEMAND FOR TIC SERVICES IN EUROPE
           8.15.2 RAIL CONSTRUCTION AND PRODUCTION MONITORING
           8.15.3 INFRASTRUCTURE MANAGEMENT
           8.15.4 OTHERS
    8.16 SUPPLY CHAIN & LOGISTICS
           8.16.1 DIGITALIZATION OF TIC SERVICES IN SUPPLY CHAIN & LOGISTICS IS EXPECTED TO GROW THE MARKET
           8.16.2 PACKAGING & HANDLING
           8.16.3 RISK MANAGEMENT
           8.16.4 OTHERS
    8.17 IT & TELECOM
           8.17.1 TESTING AND STANDARDIZATION OF COMPONENTS TO MEET REGULATORY REQUIREMENTS IN THE IT & TELECOM SECTOR EXPECTED TO BOOST DEMAND FOR TIC SERVICES IN EUROPE
           8.17.2 IT & TELECOM INFRASTRUCTURE EQUIPMENT
           8.17.3 MODULES AND DEVICES
    8.18 SPORTS & ENTERTAINMENT
           8.18.1 THREATS OF PRODUCT RECALLS AND INJURIES AND POTENTIAL FATALITIES DRIVE DEMAND FOR TIC SERVICES IN SPORTS & ENTERTAINMENT APPLICATION
           8.18.2 SPORTS VENUES AND FACILITIES
           8.18.3 SPORTING GOODS AND PROTECTIVE EQUIPMENT

9 EUROPE TIC MARKET, BY GEOGRAPHY (Page No. - 98)
    9.1 INTRODUCTION
        FIGURE 29 SNAPSHOT OF TIC MARKET IN EUROPE
        TABLE 10 EUROPE TIC MARKET, BY COUNTRY, 2017–2025 (USD MILLION)
    9.2 GERMANY
           9.2.1 INDUSTRY 4.0 CREATES SPACE FOR TIC ECOSYSTEM IN AUTOMOTIVE AND MEDICAL APPLICATIONS ACROSS THE COUNTRY
                 TABLE 11 EUROPE TIC MARKET IN GERMANY, BY APPLICATION, 2017–2025 (USD MILLION)
                 TABLE 12 MARKET IN GERMANY, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                 TABLE 13 MARKET IN GERMANY, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.3 UK
           9.3.1 ADOPTION OF NEWER TECHNOLOGIES AND ENFORCEMENT OF STRICT REGULATIONS ACROSS AGRICULTURE & FOOD APPLICATION EXPECTED TO CREATE NEW GROWTH OPPORTUNITIES FOR TIC MARKET IN UK
                 TABLE 14 EUROPE TIC MARKET IN UK, BY APPLICATION, 2017–2025 (USD MILLION)
                 TABLE 15 MARKET IN UK, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                 TABLE 16 MARKET IN UK, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.4 FRANCE
           9.4.1 EXPORTS ARE GROWING SIGNIFICANTLY, THEREBY FUELING DEMAND FOR TIC SERVICES
                 TABLE 17 EUROPE TIC MARKET IN FRANCE, BY APPLICATION, 2017–2025 (USD MILLION)
                 TABLE 18 MARKET IN FRANCE, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                 TABLE 19 MARKET IN FRANCE, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.5 ITALY
           9.5.1 GOVERNMENT STRIVES TO MAINTAIN PRODUCT STANDARDS AND MEET INTERNATIONAL REGULATORY MEASURES
                 TABLE 20 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET IN ITALY, BY APPLICATION, 2017–2025 (USD MILLION)
                 TABLE 21 MARKET IN ITALY, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                 TABLE 22 MARKET IN ITALY, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.6 SPAIN
           9.6.1 MANUFACTURING INDUSTRY HAS SEEN SIGNIFICANT ADVANCEMENT, OFFERING PROSPECTS FOR TIC SERVICE PROVIDERS
                 TABLE 23 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET IN SPAIN, BY APPLICATION, 2017–2025 (USD MILLION)
                 TABLE 24 MARKET IN SPAIN, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                 TABLE 25 MARKET IN SPAIN, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.7 BELGIUM
           9.7.1 INVESTMENT IN IT & TELECOM SECTOR HAS FACILITATED THE DEVELOPMENT OF THE TIC MARKET IN BELGIUM
                 TABLE 26 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET IN BELGIUM, BY APPLICATION, 2017–2025 (USD MILLION)
                 TABLE 27 MARKET IN BELGIUM, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                 TABLE 28 MARKET IN BELGIUM, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.8 RUSSIA
           9.8.1 TIC PLAYERS WITNESSING SCOPE AND OPPORTUNITIES IN MANUFACTURING AND FMCG COMPANIES
                 TABLE 29 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET IN RUSSIA, BY APPLICATION, 2017–2025 (USD MILLION)
                 TABLE 30 MARKET IN RUSSIA, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                 TABLE 31 MARKET IN RUSSIA, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.9 NETHERLANDS
           9.9.1 INCREASING INNOVATIONS IN NETHERLANDS HAVE LED TO INCREASE IN PRODUCT OFFERINGS, THEREBY FOSTERING DEMAND FOR TIC SERVICES
                 TABLE 32 EUROPE TIC MARKET IN NETHERLANDS, BY APPLICATION, 2017–2025 (USD MILLION)
                 TABLE 33 MARKET IN NETHERLANDS, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                 TABLE 34 MARKET IN NETHERLANDS, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.10 SWITZERLAND
           9.10.1 CONSUMER GOODS & RETAIL INDUSTRY IS BOOMING, THEREBY SURGING DEMAND FOR TIC SERVICES
                 TABLE 35 EUROPE TIC MARKET IN SWITZERLAND, BY APPLICATION, 2017–2025 (USD MILLION)
                 TABLE 36 EUROPE TIC MARKET IN SWITZERLAND, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                 TABLE 37 EUROPE TIC MARKET IN SWITZERLAND, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.11 HUNGARY
           9.11.1 DIGITAL AND E-COMMERCE COMPANIES OFFER SIGNIFICANT OPPORTUNITIES FOR TIC PLAYERS IN HUNGARY
                 TABLE 38 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET IN HUNGARY, BY APPLICATION, 2017–2025 (USD MILLION)
                 TABLE 39 MARKET IN HUNGARY, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                 TABLE 40 MARKET IN HUNGARY, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.12 POLAND
           9.12.1 TECHNOLOGIES SUCH AS IOT, CLOUD COMPUTING, AND CYBERSECURITY ARE AND BOOSTING TIC MARKET IN POLAND
                  TABLE 41 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET IN POLAND, BY APPLICATION, 2017–2025 (USD MILLION)
                  TABLE 42 MARKET IN POLAND, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                  TABLE 43 MARKET IN POLAND, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.13 BULGARIA
           9.13.1 SIGNIFICANT POTENTIAL FOR MANUFACTURING COMPANIES IN THE TIC ECOSYSTEM
                  TABLE 44 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET IN BULGARIA, BY APPLICATION, 2017–2025 (USD THOUSAND)
                  TABLE 45 MARKET IN BULGARIA, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                  TABLE 46 MARKET IN BULGARIA, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.14 SWEDEN
           9.14.1 INCREASING FOCUS ON ELECTRONIC MANUFACTURING AND EXPORTS TO IMPROVE GLOBAL RANKING
                  TABLE 47 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET IN SWEDEN, BY APPLICATION, 2017–2025 (USD MILLION)
                  TABLE 48 MARKET IN SWEDEN, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                  TABLE 49 MARKET IN SWEDEN, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.15 MOROCCO
           9.15.1 AGRO-INDUSTRIAL AND RENEWABLE COMPANIES TO CONTRIBUTE TO TIC MARKET GROWTH IN MOROCCO
                  TABLE 50 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET IN MOROCCO, BY APPLICATION, 2017–2025 (USD THOUSAND)
                  TABLE 51 MARKET IN MOROCCO, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                  TABLE 52 MARKET IN MOROCCO, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.16 NORWAY
           9.16.1 EXPORTS AND PETROLEUM INDUSTRIES CONTRIBUTE TO IMPROVE GLOBAL RANKINGS
                  TABLE 53 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET IN NORWAY, BY APPLICATION, 2017–2025 (USD THOUSAND)
                  TABLE 54 MARKET IN NORWAY, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                  TABLE 55 MARKET IN NORWAY, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.17 ROMANIA
           9.17.1 SOFTWARE AND SERVICE INDUSTRIES HELP IN GENERATING EMPLOYMENT IN ROMANIA
                  TABLE 56 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET IN ROMANIA, BY APPLICATION, 2017–2025 (USD THOUSAND)
                  TABLE 57 MARKET IN ROMANIA, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                  TABLE 58 MARKET IN ROMANIA, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.18 AUSTRIA
           9.18.1 LOGISTICS & TELECOMMUNICATIONS SECTOR TO LEAD TO DEMAND FOR TIC SERVICES IN AUSTRIA
                  TABLE 59 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET IN AUSTRIA, BY APPLICATION, 2017–2025 (USD THOUSAND)
                  TABLE 60 MARKET IN AUSTRIA, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                  TABLE 61 MARKET IN AUSTRIA, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.19 TURKEY
           9.19.1 TURKEY HAS BECOME NEW HUB FOR START-UPS AND INNOVATIVE COMPANIES OFFERING OPPORTUNITIES FOR TIC SERVICE PROVIDERS IN TURKEY
                  TABLE 62 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET IN TURKEY, BY APPLICATION, 2017–2025 (USD THOUSAND)
                  TABLE 63 MARKET IN TURKEY, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                  TABLE 64 MARKET IN TURKEY, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.2 CROATIA
           9.20.1 DEVELOPMENTAL STRATEGIES IN CROATIA TO BOOST DEMAND FOR TIC SERVICES
                  TABLE 65 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET IN CROATIA, BY APPLICATION, 2017–2025 (USD THOUSAND)
                  TABLE 66 MARKET IN CROATIA, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                  TABLE 67 MARKET IN CROATIA, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.21 IRELAND
           9.21.1 INNOVATIVE TECHNOLOGIES ARE HELPING IRELAND TO IMPROVE GLOBAL RANKING
                  TABLE 68 EUROPE TIC MARKET IN IRELAND, BY APPLICATION, 2017–2025 (USD MILLION)
                  TABLE 69 MARKET IN IRELAND, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                  TABLE 70 MARKET IN IRELAND, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.22 GREECE
           9.22.1 STRATEGIC LOCATION HAS HELPED IN FISHING, MINING, AND EXPORT INDUSTRIES
                  TABLE 71 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET IN GREECE, BY APPLICATION, 2017–2025 (USD THOUSAND)
                   TABLE 72 MARKET IN GREECE, BY SERVICE TYPE, 2017–2025 (USD MILLION)
                   TABLE 73 MARKET IN GREECE, BY SOURCING TYPE, 2017–2025 (USD MILLION)
    9.23 REST OF EUROPE (ROE)
         TABLE 74 EUROPE TESTING, INSPECTION, & CERTIFICATION MARKET IN REST OF EUROPE, BY APPLICATION, 2017–2025 (USD MILLION)
         TABLE 75 MARKET IN REST OF EUROPE, BY SERVICE TYPE, 2017–2025 (USD MILLION)
         TABLE 76 MARKET IN REST OF EUROPE, BY SOURCING TYPE, 2017–2025 (USD MILLION)

10 COMPETITIVE LANDSCAPE (Page No. - 147)
     10.1 OVERVIEW
          FIGURE 30 TIC MARKET TOP 5 COMPANIES (2019)
     10.2 RANKING ANALYSIS: TIC MARKET
          FIGURE 31 RANKING OF TOP 5 PLAYERS IN TIC MARKET (2019)
     10.3 COMPETITIVE LEADERSHIP MAPPING, 2019
             10.3.1 VISIONARY LEADERS
             10.3.2 DYNAMIC DIFFERENTIATORS
             10.3.3 INNOVATORS
             10.3.4 EMERGING COMPANIES
                    FIGURE 32 TIC MARKET (EUROPE) COMPETITIVE LEADERSHIP MAPPING, 2020
     10.4 COMPETITIVE SITUATION AND TRENDS
             10.4.1 EXPANSIONS
                    TABLE 77 EXPANSIONS, 2018 - 2020
             10.4.2 SERVICE LAUNCHES AND DEVELOPMENTS
                    TABLE 78 SERVICE LAUNCHES AND DEVELOPMENTS, 2018 - 2020
             10.4.3 ACQUISITIONS
                    TABLE 79 ACQUISITIONS, 2018 - 2020
             10.4.4 PARTNERSHIPS
                    TABLE 80 AGREEMENTS AND CONTRACTS, 2018 - 2020

11 COMPANY PROFILES (Page No. - 153)
(Business overview, Services offered, Recent Developments, COVID-19 related recent developments, SWOT Analysis, MNM view)*
     11.1 INTRODUCTION
     11.2 KEY PLAYERS
             11.2.1 SGS GROUP
                    FIGURE 33 SGS GROUP: COMPANY SNAPSHOT
             11.2.2 BUREAU VERITAS
                    FIGURE 34 BUREAU VERITAS SA: COMPANY SNAPSHOT
             11.2.3 INTERTEK
                    FIGURE 35 INTERTEK: COMPANY SNAPSHOT
             11.2.4 DEKRA SE
                    FIGURE 36 DEKRA SE: COMPANY SNAPSHOT
             11.2.5 EUROFINS SCIENTIFIC
                    FIGURE 37 EUROFINS SCIENTIFIC: COMPANY SNAPSHOT
             11.2.6 TÜV SÜD
                    FIGURE 38 TÜV SÜD: COMPANY SNAPSHOT
             11.2.7 DNV GL
                    FIGURE 39 DNV GL: COMPANY SNAPSHOT
             11.2.8 TÜV RHEINLAND
                    FIGURE 40 TÜV RHEINLAND: COMPANY SNAPSHOT
             11.2.9 APPLUS+
                    FIGURE 41 APPLUS+: COMPANY SNAPSHOT
             11.2.10 TÜV NORD GROUP
                     FIGURE 42 TÜV NORD GROUP: COMPANY SNAPSHOT
             11.2.11 ELEMENT MATERIALS TECHNOLOGY
     11.3 OTHER IMPORTANT PLAYERS AND ASSOCIATIONS
             11.3.1 QS TESTING
             11.3.2 HOHENSTEIN
             11.3.3 APAVE INTERNATIONAL
             11.3.4 VDE TESTING INSTITUTE
             11.3.5 FORCE TECHNOLOGY
             11.3.6 KIWA INSPECTA
             11.3.7 RINA SPA.
             11.3.8 TECHNICKÁ INŠPEKCIA
             11.3.9 SAFETY ASSESSMENT FEDERATION (SAFED)

*Details on Business overview, Services offered, Recent Developments, COVID-19 related recent developments, SWOT Analysis, MNM view might not be captured in case of unlisted companies.

12 APPENDIX (Page No. - 210)
     12.1 INSIGHTS OF INDUSTRY EXPERTS
     12.2 DISCUSSION GUIDE
     12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL
     12.4 AVAILABLE CUSTOMIZATIONS
     12.5 RELATED REPORTS
     12.6 AUTHOR DETAILS

The study involved 4 major activities in estimating the current size of the Europe TIC market. Exhaustive secondary research was done to collect information on the market and its peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the total market size. After that, market breakdown and data triangulation were employed to estimate the market size of the segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources were referred to for identifying and collecting information relevant for this study. These secondary sources include biometric technologies journals, magazines, and IEEE journals; annual reports, press releases, and investor presentations of companies; white papers; certified publications and articles from recognized authors; and directories and databases such as Factiva, Hoovers, and OneSource.

Primary Research

In the primary research process, various primary sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information pertinent to this report. The primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology and innovation directors, and related executives from key companies and organizations operating in the Europe TIC market. After a complete market engineering (including calculations regarding market statistics, market breakdown, market size estimations, market forecasting, and data triangulation), extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at.

Europe TIC Market  Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

In the complete market engineering process, both top-down and bottom-up approaches were implemented, along with several data triangulation methods, to estimate and validate the size of the Europe TIC market and other dependent submarkets listed in this report.

  • Key players in the industry and markets were identified through extensive secondary research.
  • In terms of value, the industry’s supply chain and market size were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the global market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, the market breakdown and data triangulation procedures were employed wherever applicable. The data was triangulated by studying various factors and trends identified from both the demand and supply sides—in government, scientific research, healthcare, automotive, and military & defense verticals.

Report Objectives

The following are the primary objectives of the study:

  • To define, describe, and forecast the Europe TIC market based on the sourcing type, service type, application, and country
  • To forecast the market size of various segments with respect to Europe region
  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market
  • To strategically profile the key players and comprehensively analyze their market ranking and core competencies, along with detailing the competitive landscape for market leaders
  • To analyze the competitive developments, such as agreements, contracts, partnerships, acquisitions, and product launches & developments, carried out in the SWIR market

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information:

  • Detailed analysis and profiling of additional market players (up to 5)
COVID-19

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Benchmarking the rapid strategy shifts of the Top 100 companies in the Europe TIC Market

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