The Germany Testing, Inspection And Certification Market size is estimated at USD 10.88 billion in 2024, and is expected to reach USD 14 billion by 2029, growing at a CAGR of 5.20% during the forecast period (2024-2029).
The primary role of testing, inspection, and certification companies is to maintain the health, safety, and quality requirements of their client's products. Testing, inspection, and certification companies are engaged in inspection, verification, testing, and certification services to help increase productivity and also help local manufacturers comply with global standards.
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.
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