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PUBLISHER: KBV Research | PRODUCT CODE: 1534574
PUBLISHER: KBV Research | PRODUCT CODE: 1534574
LAMEA Testing, Inspection and Certification Market Size, Share & Trends Analysis Report By Service Type, By Sourcing Type, By Application, By Country and Growth Forecast, 2024 - 2031
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The Latin America, Middle East and Africa Testing, Inspection and Certification (TIC) Market would witness market growth of 7.2% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Testing, Inspection and Certification (TIC) Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6,348.5 million by 2031. The Argentina market is showcasing a CAGR of 8% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 6.8% during (2024 - 2031).
The pharmaceutical and healthcare industries rely heavily on TIC services to maintain high safety and efficacy standards. For biocompatibility testing, clinical research, electromagnetic compatibility (EMC) testing, wireless/telemedicine testing services, etc., testing, inspection, and certification services are widely used in the medical devices business.
Moreover, these services guarantee the quality and safety of medical gadgets. Businesses need certifications from accreditation bodies to offer certificates to their clients for medical devices, testing, inspection, and certification.
The diverse economic landscape across LAMEA nations creates unique demands for TIC services tailored to specific regional needs. The region's focus on improving product quality, safety, and compliance with international standards further boosts the demand for TIC services. Brazil's large agricultural sector requires rigorous testing and certification to ensure food products' safety and quality for domestic consumption and export.
Based on Service Type, the market is segmented into Testing, Inspection, and Certification. Based on Sourcing Type, the market is segmented into In-house and Outsourced. Based on Application, the market is segmented into Consumer Goods & Retail, Agriculture & Food, Chemicals, Infrastructure, Manufacturing, Medical & Lifesciences, Mining, Oil & Gas, Automotive, Public Sector, and IT, Telecom & Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- SGS S.A.
- Bureau Veritas S.A.
- Intertek Group PLC
- Eurofins Scientific SE
- TUV Rheinland AG
- Applus+ Group
- TUV Nord Group
- DEKRA SE
- TUV SUD
- DNV AS
LAMEA Testing, Inspection and Certification (TIC) Market Report Segmentation
By Service Type
- Testing
- Inspection
- Certification
By Sourcing Type
- In-house
- Outsourced
By Application
- Consumer Goods & Retail
- Agriculture & Food
- Chemicals
- Infrastructure
- Manufacturing
- Medical & Lifesciences
- Mining, Oil & Gas
- Automotive
- Public Sector
- IT, Telecom & Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA Testing, Inspection and Certification (TIC) Market, by Service Type
- 1.4.2 LAMEA Testing, Inspection and Certification (TIC) Market, by Sourcing Type
- 1.4.3 LAMEA Testing, Inspection and Certification (TIC) Market, by Application
- 1.4.4 LAMEA Testing, Inspection and Certification (TIC) Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.2.4 Geographical Expansions
- 4.3 Top Winning Strategies
- 4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Jan - 2023, May) Leading Players
- 4.4 Porter Five Forces Analysis
Chapter 5. LAMEA Testing, Inspection and Certification (TIC) Market by Service Type
- 5.1 LAMEA Testing Market by Country
- 5.2 LAMEA Inspection Market by Country
- 5.3 LAMEA Certification Market by Country
Chapter 6. LAMEA Testing, Inspection and Certification (TIC) Market by Sourcing Type
- 6.1 LAMEA In-house Market by Country
- 6.2 LAMEA Outsourced Market by Country
Chapter 7. LAMEA Testing, Inspection and Certification (TIC) Market by Application
- 7.1 LAMEA Consumer Goods & Retail Market by Country
- 7.2 LAMEA Agriculture & Food Market by Country
- 7.3 LAMEA Chemicals Market by Country
- 7.4 LAMEA Infrastructure Market by Country
- 7.5 LAMEA Manufacturing Market by Country
- 7.6 LAMEA Medical & Lifesciences Market by Country
- 7.7 LAMEA Mining, Oil & Gas Market by Country
- 7.8 LAMEA Automotive Market by Country
- 7.9 LAMEA Public Sector Market by Country
- 7.1 LAMEA IT, Telecom & Others Market by Country
Chapter 8. LAMEA Testing, Inspection and Certification (TIC) Market by Country
- 8.1 Brazil Testing, Inspection and Certification (TIC) Market
- 8.1.1 Brazil Testing, Inspection and Certification (TIC) Market by Service Type
- 8.1.2 Brazil Testing, Inspection and Certification (TIC) Market by Sourcing Type
- 8.1.3 Brazil Testing, Inspection and Certification (TIC) Market by Application
- 8.2 Argentina Testing, Inspection and Certification (TIC) Market
- 8.2.1 Argentina Testing, Inspection and Certification (TIC) Market by Service Type
- 8.2.2 Argentina Testing, Inspection and Certification (TIC) Market by Sourcing Type
- 8.2.3 Argentina Testing, Inspection and Certification (TIC) Market by Application
- 8.3 UAE Testing, Inspection and Certification (TIC) Market
- 8.3.1 UAE Testing, Inspection and Certification (TIC) Market by Service Type
- 8.3.2 UAE Testing, Inspection and Certification (TIC) Market by Sourcing Type
- 8.3.3 UAE Testing, Inspection and Certification (TIC) Market by Application
- 8.4 Saudi Arabia Testing, Inspection and Certification (TIC) Market
- 8.4.1 Saudi Arabia Testing, Inspection and Certification (TIC) Market by Service Type
- 8.4.2 Saudi Arabia Testing, Inspection and Certification (TIC) Market by Sourcing Type
- 8.4.3 Saudi Arabia Testing, Inspection and Certification (TIC) Market by Application
- 8.5 South Africa Testing, Inspection and Certification (TIC) Market
- 8.5.1 South Africa Testing, Inspection and Certification (TIC) Market by Service Type
- 8.5.2 South Africa Testing, Inspection and Certification (TIC) Market by Sourcing Type
- 8.5.3 South Africa Testing, Inspection and Certification (TIC) Market by Application
- 8.6 Nigeria Testing, Inspection and Certification (TIC) Market
- 8.6.1 Nigeria Testing, Inspection and Certification (TIC) Market by Service Type
- 8.6.2 Nigeria Testing, Inspection and Certification (TIC) Market by Sourcing Type
- 8.6.3 Nigeria Testing, Inspection and Certification (TIC) Market by Application
- 8.7 Rest of LAMEA Testing, Inspection and Certification (TIC) Market
- 8.7.1 Rest of LAMEA Testing, Inspection and Certification (TIC) Market by Service Type
- 8.7.2 Rest of LAMEA Testing, Inspection and Certification (TIC) Market by Sourcing Type
- 8.7.3 Rest of LAMEA Testing, Inspection and Certification (TIC) Market by Application
Chapter 9. Company Profiles
- 9.1 SGS S.A.
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental Analysis
- 9.1.4 Recent strategies and developments:
- 9.1.4.1 Partnerships, Collaborations, and Agreements:
- 9.1.4.2 Mergers & Acquisition:
- 9.1.4.3 Geographical Expansions:
- 9.1.5 SWOT Analysis
- 9.2 DNV AS
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Recent strategies and developments:
- 9.2.4.1 Product Launches and Product Expansions:
- 9.2.4.2 Acquisition and Mergers:
- 9.2.5 SWOT Analysis
- 9.3 Eurofins Scientific SE
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Regional Analysis
- 9.3.4 Recent strategies and developments:
- 9.3.4.1 Product Launches and Product Expansions:
- 9.3.4.2 Acquisition and Mergers:
- 9.3.5 SWOT Analysis
- 9.4 Bureau Veritas S.A.
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Segmental and Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Partnerships, Collaborations, and Agreements:
- 9.4.5.2 Mergers & Acquisition:
- 9.4.6 SWOT Analysis
- 9.5 Intertek Group PLC
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Recent strategies and developments:
- 9.5.4.1 Partnerships, Collaborations, and Agreements:
- 9.5.5 SWOT Analysis
- 9.6 Applus+ Group
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segment Analysis
- 9.6.4 Recent strategies and developments:
- 9.6.4.1 Partnerships, Collaborations, and Agreements:
- 9.6.4.2 Mergers & Acquisition:
- 9.6.4.3 Product Launches & Expansions:
- 9.6.5 SWOT Analysis
- 9.7 DEKRA SE
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Recent strategies and developments:
- 9.7.4.1 Partnerships, Collaborations, and Agreements:
- 9.7.4.2 Product Launches & Expansions:
- 9.7.5 SWOT Analysis
- 9.8 TUV Nord Group
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 SWOT Analysis
- 9.9 TUV Rheinland AG
- 9.9.1 Company Overview
- 9.9.2 Recent strategies and developments:
- 9.9.2.1 Geographical Expansions:
- 9.9.2.2 Partnerships, Collaborations & Agreements:
- 9.9.2.3 Product Launches & Expansions:
- 9.9.3 SWOT Analysis
- 9.10. TUV SUD
- 9.10.1 Company Overview
- 9.10.2 Recent strategies and developments:
- 9.10.2.1 Partnerships, Collaborations, and Agreements:
- 9.10.3 SWOT Analysis
LIST OF TABLES
- TABLE 1 LAMEA Testing, Inspection and Certification (TIC) Market, 2020 - 2023, USD Million
- TABLE 2 LAMEA Testing, Inspection and Certification (TIC) Market, 2024 - 2031, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Testing, Inspection and Certification (TIC) Market
- TABLE 4 Product Launches And Product Expansions- Testing, Inspection and Certification (TIC) Market
- TABLE 5 Acquisition and Mergers- Testing, Inspection and Certification (TIC) Market
- TABLE 6 Geographical Expansions- Testing, Inspection and Certification (TIC) Market
- TABLE 7 LAMEA Testing, Inspection and Certification (TIC) Market by Service Type, 2020 - 2023, USD Million
- TABLE 8 LAMEA Testing, Inspection and Certification (TIC) Market by Service Type, 2024 - 2031, USD Million
- TABLE 9 LAMEA Testing Market by Country, 2020 - 2023, USD Million
- TABLE 10 LAMEA Testing Market by Country, 2024 - 2031, USD Million
- TABLE 11 LAMEA Inspection Market by Country, 2020 - 2023, USD Million
- TABLE 12 LAMEA Inspection Market by Country, 2024 - 2031, USD Million
- TABLE 13 LAMEA Certification Market by Country, 2020 - 2023, USD Million
- TABLE 14 LAMEA Certification Market by Country, 2024 - 2031, USD Million
- TABLE 15 LAMEA Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2020 - 2023, USD Million
- TABLE 16 LAMEA Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2024 - 2031, USD Million
- TABLE 17 LAMEA In-house Market by Country, 2020 - 2023, USD Million
- TABLE 18 LAMEA In-house Market by Country, 2024 - 2031, USD Million
- TABLE 19 LAMEA Outsourced Market by Country, 2020 - 2023, USD Million
- TABLE 20 LAMEA Outsourced Market by Country, 2024 - 2031, USD Million
- TABLE 21 LAMEA Testing, Inspection and Certification (TIC) Market by Application, 2020 - 2023, USD Million
- TABLE 22 LAMEA Testing, Inspection and Certification (TIC) Market by Application, 2024 - 2031, USD Million
- TABLE 23 LAMEA Consumer Goods & Retail Market by Country, 2020 - 2023, USD Million
- TABLE 24 LAMEA Consumer Goods & Retail Market by Country, 2024 - 2031, USD Million
- TABLE 25 LAMEA Agriculture & Food Market by Country, 2020 - 2023, USD Million
- TABLE 26 LAMEA Agriculture & Food Market by Country, 2024 - 2031, USD Million
- TABLE 27 LAMEA Chemicals Market by Country, 2020 - 2023, USD Million
- TABLE 28 LAMEA Chemicals Market by Country, 2024 - 2031, USD Million
- TABLE 29 LAMEA Infrastructure Market by Country, 2020 - 2023, USD Million
- TABLE 30 LAMEA Infrastructure Market by Country, 2024 - 2031, USD Million
- TABLE 31 LAMEA Manufacturing Market by Country, 2020 - 2023, USD Million
- TABLE 32 LAMEA Manufacturing Market by Country, 2024 - 2031, USD Million
- TABLE 33 LAMEA Medical & Lifesciences Market by Country, 2020 - 2023, USD Million
- TABLE 34 LAMEA Medical & Lifesciences Market by Country, 2024 - 2031, USD Million
- TABLE 35 LAMEA Mining, Oil & Gas Market by Country, 2020 - 2023, USD Million
- TABLE 36 LAMEA Mining, Oil & Gas Market by Country, 2024 - 2031, USD Million
- TABLE 37 LAMEA Automotive Market by Country, 2020 - 2023, USD Million
- TABLE 38 LAMEA Automotive Market by Country, 2024 - 2031, USD Million
- TABLE 39 LAMEA Public Sector Market by Country, 2020 - 2023, USD Million
- TABLE 40 LAMEA Public Sector Market by Country, 2024 - 2031, USD Million
- TABLE 41 LAMEA IT, Telecom & Others Market by Country, 2020 - 2023, USD Million
- TABLE 42 LAMEA IT, Telecom & Others Market by Country, 2024 - 2031, USD Million
- TABLE 43 LAMEA Testing, Inspection and Certification (TIC) Market by Country, 2020 - 2023, USD Million
- TABLE 44 LAMEA Testing, Inspection and Certification (TIC) Market by Country, 2024 - 2031, USD Million
- TABLE 45 Brazil Testing, Inspection and Certification (TIC) Market, 2020 - 2023, USD Million
- TABLE 46 Brazil Testing, Inspection and Certification (TIC) Market, 2024 - 2031, USD Million
- TABLE 47 Brazil Testing, Inspection and Certification (TIC) Market by Service Type, 2020 - 2023, USD Million
- TABLE 48 Brazil Testing, Inspection and Certification (TIC) Market by Service Type, 2024 - 2031, USD Million
- TABLE 49 Brazil Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2020 - 2023, USD Million
- TABLE 50 Brazil Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2024 - 2031, USD Million
- TABLE 51 Brazil Testing, Inspection and Certification (TIC) Market by Application, 2020 - 2023, USD Million
- TABLE 52 Brazil Testing, Inspection and Certification (TIC) Market by Application, 2024 - 2031, USD Million
- TABLE 53 Argentina Testing, Inspection and Certification (TIC) Market, 2020 - 2023, USD Million
- TABLE 54 Argentina Testing, Inspection and Certification (TIC) Market, 2024 - 2031, USD Million
- TABLE 55 Argentina Testing, Inspection and Certification (TIC) Market by Service Type, 2020 - 2023, USD Million
- TABLE 56 Argentina Testing, Inspection and Certification (TIC) Market by Service Type, 2024 - 2031, USD Million
- TABLE 57 Argentina Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2020 - 2023, USD Million
- TABLE 58 Argentina Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2024 - 2031, USD Million
- TABLE 59 Argentina Testing, Inspection and Certification (TIC) Market by Application, 2020 - 2023, USD Million
- TABLE 60 Argentina Testing, Inspection and Certification (TIC) Market by Application, 2024 - 2031, USD Million
- TABLE 61 UAE Testing, Inspection and Certification (TIC) Market, 2020 - 2023, USD Million
- TABLE 62 UAE Testing, Inspection and Certification (TIC) Market, 2024 - 2031, USD Million
- TABLE 63 UAE Testing, Inspection and Certification (TIC) Market by Service Type, 2020 - 2023, USD Million
- TABLE 64 UAE Testing, Inspection and Certification (TIC) Market by Service Type, 2024 - 2031, USD Million
- TABLE 65 UAE Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2020 - 2023, USD Million
- TABLE 66 UAE Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2024 - 2031, USD Million
- TABLE 67 UAE Testing, Inspection and Certification (TIC) Market by Application, 2020 - 2023, USD Million
- TABLE 68 UAE Testing, Inspection and Certification (TIC) Market by Application, 2024 - 2031, USD Million
- TABLE 69 Saudi Arabia Testing, Inspection and Certification (TIC) Market, 2020 - 2023, USD Million
- TABLE 70 Saudi Arabia Testing, Inspection and Certification (TIC) Market, 2024 - 2031, USD Million
- TABLE 71 Saudi Arabia Testing, Inspection and Certification (TIC) Market by Service Type, 2020 - 2023, USD Million
- TABLE 72 Saudi Arabia Testing, Inspection and Certification (TIC) Market by Service Type, 2024 - 2031, USD Million
- TABLE 73 Saudi Arabia Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2020 - 2023, USD Million
- TABLE 74 Saudi Arabia Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2024 - 2031, USD Million
- TABLE 75 Saudi Arabia Testing, Inspection and Certification (TIC) Market by Application, 2020 - 2023, USD Million
- TABLE 76 Saudi Arabia Testing, Inspection and Certification (TIC) Market by Application, 2024 - 2031, USD Million
- TABLE 77 South Africa Testing, Inspection and Certification (TIC) Market, 2020 - 2023, USD Million
- TABLE 78 South Africa Testing, Inspection and Certification (TIC) Market, 2024 - 2031, USD Million
- TABLE 79 South Africa Testing, Inspection and Certification (TIC) Market by Service Type, 2020 - 2023, USD Million
- TABLE 80 South Africa Testing, Inspection and Certification (TIC) Market by Service Type, 2024 - 2031, USD Million
- TABLE 81 South Africa Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2020 - 2023, USD Million
- TABLE 82 South Africa Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2024 - 2031, USD Million
- TABLE 83 South Africa Testing, Inspection and Certification (TIC) Market by Application, 2020 - 2023, USD Million
- TABLE 84 South Africa Testing, Inspection and Certification (TIC) Market by Application, 2024 - 2031, USD Million
- TABLE 85 Nigeria Testing, Inspection and Certification (TIC) Market, 2020 - 2023, USD Million
- TABLE 86 Nigeria Testing, Inspection and Certification (TIC) Market, 2024 - 2031, USD Million
- TABLE 87 Nigeria Testing, Inspection and Certification (TIC) Market by Service Type, 2020 - 2023, USD Million
- TABLE 88 Nigeria Testing, Inspection and Certification (TIC) Market by Service Type, 2024 - 2031, USD Million
- TABLE 89 Nigeria Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2020 - 2023, USD Million
- TABLE 90 Nigeria Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2024 - 2031, USD Million
- TABLE 91 Nigeria Testing, Inspection and Certification (TIC) Market by Application, 2020 - 2023, USD Million
- TABLE 92 Nigeria Testing, Inspection and Certification (TIC) Market by Application, 2024 - 2031, USD Million
- TABLE 93 Rest of LAMEA Testing, Inspection and Certification (TIC) Market, 2020 - 2023, USD Million
- TABLE 94 Rest of LAMEA Testing, Inspection and Certification (TIC) Market, 2024 - 2031, USD Million
- TABLE 95 Rest of LAMEA Testing, Inspection and Certification (TIC) Market by Service Type, 2020 - 2023, USD Million
- TABLE 96 Rest of LAMEA Testing, Inspection and Certification (TIC) Market by Service Type, 2024 - 2031, USD Million
- TABLE 97 Rest of LAMEA Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2020 - 2023, USD Million
- TABLE 98 Rest of LAMEA Testing, Inspection and Certification (TIC) Market by Sourcing Type, 2024 - 2031, USD Million
- TABLE 99 Rest of LAMEA Testing, Inspection and Certification (TIC) Market by Application, 2020 - 2023, USD Million
- TABLE 100 Rest of LAMEA Testing, Inspection and Certification (TIC) Market by Application, 2024 - 2031, USD Million
- TABLE 101 Key Information - SGS S.A.
- TABLE 102 Key Information - DNV AS
- TABLE 103 Key Information - Eurofins Scientific SE
- TABLE 104 Key Information - Bureau Veritas S.A.
- TABLE 105 Key Information - Intertek Group PLC
- TABLE 106 Key Information - Applus+ Group
- TABLE 107 Key Information - DEKRA SE
- TABLE 108 Key Information - TUV NORD GROUP
- TABLE 109 Key Information - TUV Rheinland AG
- TABLE 110 Key Information - Tuv sud
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