Testing, Inspection, And Certification Market Share

Market Share of Testing, Inspection, And Certification Industry

The global testing, inspection, and certification market is fragmented with the presence of various companies like Intertek Group PLC, SGS SA, Bureau Veritas, UL Solutions Inc., DNV AS, Eurofins Scientific SE, Dekra SE, ALS Limited, etc. The intensity of competitive rivalry in the testing, inspection, and certification market studied is high and expected to remain the same over the forecast period.

Both existing and new market incumbents are adopting a digital innovation strategy. Companies are engaging in significant merger and acquisition activities that are expected to intensify market competition. Existing TIC companies are expected to continue incorporating expansion and product innovation activities into their core strategies over the forecast period, considering the anticipated market growth, increasing globalization, and rising digitalization trends.

Overall, the market studied is expected to be highly competitive. With high consolidation expected over the next few years, the competitive rivalry will increase further.

Testing, Inspection, and Certification Market Leaders

1. Intertek Group PLC

2. SGS SA

3. Bureau Veritas SA

4. UL Solutions Inc.

5. DNV GL

*Disclaimer: Major Players sorted in no particular order