Testing Inspection and Certification Market Regional Analysis:
Europe Market Insights
Europe in testing, inspection, and certification market is estimated to hold over 35.3% revenue share by the end of 2035, owing to compliance, sustainability requirements, and a well-developed industrial base. In April 2024, Bureau Veritas launched a 0.8% share buyback as part of Wendel’s accelerated placement for improving the shareholder value and enhancing TIC capacities. The decision is indicative of the company’s confidence in the future performance and its position in the testing, inspection, and certification market environment. This maintains capital efficiency while keeping the growth of core TIC services on track. The buyback is a part of a value creation plan that is aligned with the development of the TIC market in Europe, which is driven by digitalization and regulation.
France remains the largest exporter of automotive and aerospace TIC services, benefiting from domestic R&D capabilities and export-oriented production. In July 2024, Bureau Veritas acquired Security Innovation Inc. to expand its cybersecurity and software testing capabilities. The decision is consistent with the increasing need for bundled TIC solutions in cybersecurity assurance. This acquisition highlights the fact that France is garnering stable growth of innovation-driven TIC services due to the use of digital technologies and compliance to international standards.
Germany continues to be one of the most significant testing, inspection, and certification markets attributed to its focus on precision manufacturing and industry-leading engineering. It encompasses mechanical, automotive, and electrical certification. In early 2025, Certania secured growth capital from Summit Partners to accelerate its expansion across testing, inspection, and certification markets. The investment will fuel growth in laboratory services, digital tools, and international markets. Such announcements underline the development of the Germany TIC ecosystem and the investors’ optimism for innovation-driven TIC solutions in industrial and digital sectors.
Asia Pacific Market Insights
Asia Pacific region is poised to witness substantial growth through 2035, due to increased manufacturing activity and increasing emphasis on export control in manufacturing economies. Localized testing capacity and digitized inspection systems are shaping TIC market competitiveness. In June 2023, Element acquired South Korea–based NCT to enhance its battery testing operations in Asia. The acquisition enhances Element’s position in the rapidly growing energy storage testing, inspection, and certification market and addresses increasing regional demand for electrification assurance. Such development also emphasizes how acquisitions are enabling firms to localize technical infrastructure and scale responsiveness to region-specific testing requirements.
China remains a key TIC market due to electronics exports, infrastructure development, and technological advancement in digital products. For example, Acuren Corporation joined the OTCQX market in January 2025 to increase the availability of capital and enhance capital recognition. The move also aligns with its growth strategy across high-performance inspection segments. The coountry’s domestic testing, inspection, and certification (TIC) sector is also growing as local manufacturers focus on internal compliance systems due to the increasing stringencies of domestic and international regulatory requirements.
The TIC market in India is rising at a fast pace with the increasing industrial reforms and digital governance. In April 2024, the government of India introduced a new plan to encourage innovation and sustainability of the electronics industry to create an environment-friendly component system. This program is focused on decreasing the effects of the electronics manufacturing on the environment and promoting the usage of green practices in the industry. This decision underlines the importance of testing, inspection, and certification (TIC) services in supporting companies in assessing environmental and safety performance of supply chains. As India's manufacturing competitiveness rises, TIC firms are gaining traction in local certification, compliance testing, and export quality assurance.
