How big is the Europe TIC Market?

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. Read More

What is the current Europe TIC Market size?

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

What years does this Europe TIC Market cover, and what was the market size in 2023?

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. Read More

Europe TIC Market Share

Statistics for the 2023 & 2024 Europe TIC market share, created by Mordor Intelligence™ Industry Reports. Europe TIC share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Europe TIC Industry

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.