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.
Europe TIC Market Leaders
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Société Générale de Surveillance SA (SGS SA)
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TÜV SÜD Limited
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Applus Services SA
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Bureau Veritas SA
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Intertek Group PLC
*Disclaimer: Major Players sorted in no particular order
