Press release
TIC Services Market Growth Trends 2025: ALS, Applus+, BSI,Bureau Veritas, Corelab Laboratories, DEKRA, DNV GL, Eurofins, Exova Group Limited, Intertek, Lloyd's Register, MISTRAS Group, Inc., RINA, SAI Global, SGS, SOCOTEC
TIC Services Market
Heavy investments in energy, transportation, and infrastructural development across the globe will also remarkably boost the TIC services market share over the years ahead. The efforts put in by regional governments and industry players for the standardization of policies to ensure quality infrastructure will have a major influence on TIC services market size at the regional level.
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Growing emphasis on consumer satisfaction and safety has proliferated TIC services market size as governments worldwide have implemented stringent quality regulations on almost every industry vertical. Whether it is construction, automobile, energy, healthcare or other segments, continuous advancement in products and components have necessitated upgraded testing and certification requirements
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. ALS
2. Applus+
3. BSI
4. Bureau Veritas
5. Corelab Laboratories
6. DEKRA
7. DNV GL
8. Eurofins
9. Exova Group Limited
10. Intertek
11. Lloyd's Register
12. MISTRAS Group, Inc.
13. RINA
14. SAI Global
15. SGS
The TIC services market is rapidly witnessing demand from the healthcare and life sciences segment, with test and inspection reports of pharmaceutical equipment being critical in assessing whether the international standards are met. TIC companies are trying their best to evolve with technological developments and remain up-to-date with new regulations pertaining to safety and quality.
As governments and international agencies are constantly raising the weight, material and other standards of automobile components to enhance the safety and efficiency of vehicles, the TIC services market is subsequently gaining massive popularity. OEMs as well as small auto component vendors are striving to achieve high level of quality and get certified, to get documented and provide validity to their proficiencies and expertise.
Speaking of Europe, it would be prudent to mention that the region emerged as a major regional market for the global TIC services market in 2018, with a substantial contribution to the overall share. The growth is primarily powered by the presence of a stringent regulatory spectrum that helps enhance the product quality and infrastructure in addition to contributing toward environmental safety. For instance, recently, the government of UK set up new regulations aimed at carbon emission reduction.
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