Germany Testing, Inspection And Certification Market Share

Market Share of Germany Testing, Inspection And Certification Industry

The German testing, inspection, and certification market is fragmented and consists of significant players. However, in terms of market share, notable players in the country, such as TÜV SÜD Limited, dominate the market. Multiple startups and incumbent TIC companies with a digital focus pose fierce competition with traditional TIC companies. Existing TIC companies are making mergers and collaboration activities a part of their core strategy over the forecast period.

• August 2023: CERTANIA, a Germany-based provider of Testing, Inspection and Certification (TIC) services focusing on global health and sustainability challenges, joyfully announced that it has received a generous investment boost from Summit Partners. Additionally, CERTANIA gratefully acknowledges that existing investor GREENPEAK Partners will continue to hold a substantial stake in the company. CERTANIA believes that this investment will greatly contribute to fortifying its strategy for acquiring other companies, thereby solidifying its position as a leading TIC provider in Europe and worldwide.
• June 2023: TUV SUD declared that it assists data center operators in implementing the new regulations. There has been a significant revision to the German Blue Angel quality mark. Data centers and IT operators can demonstrate compliance with the voluntary environmental badge by proving that they meet the most recent sustainability standards. On December 31, 2023, existing certifications will become invalid. The company thus declared that it would offer consulting or auditing services to aid data center and IT operators attempting to implement the new regulations.

Germany Testing, Inspection And Certification Market Leaders

1. Société Générale de Surveillance SA (SGS SA)

2. TÜV SÜD Limited

3. Bureau Veritas SA

4. Intertek Group PLC

5. DEKRA SE

*Disclaimer: Major Players sorted in no particular order