Market Share of Construction TIC Industry
Global Construction TIC Market is competitive with the presence of various players such as Intertek Group PLC, Bureau Veritas SA, Kiwa NV, Applus Services SA, among others. The market players are concentrating on expanding their national and international customer base. These firms leverage strategic collaborative initiatives to improve their market share and profitability. However, with technological betterment and product inventions, mid-size to smaller businesses expand their market presence by securing new contracts and entering new markets.
- January 2022 - The SOCOTEC Group, a key vendor in building and infrastructure risk management, has announced the acquisition of Inpijn Blokpoel, a major player in the Dutch ground investigation and geotechnical market. SOCOTEC strengthens its position as a key player in the Dutch construction and infrastructure TIC market by acquiring Inpijn Blokpoel Engineers and expanding its service portfolio to serve its customers better. The group's goal is to become the leading provider of testing, inspection, and certification services in the construction and infrastructure sectors and throughout the lifecycle of any built environment.
Construction TIC Market Leaders
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Intertek Group PLC
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Bureau Veritas SA
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Kiwa NV
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Applus Services SA
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Dekra certification Gmbh (DEKRA SE)
*Disclaimer: Major Players sorted in no particular order
