The Aerospace and Life Sciences TIC Market is projected to reach USD 42.2 billion in 2025 from USD 30.3 billion in 2019, growing at a CAGR of 5.6%. Testing, inspection, and certification (TIC) in aerospace & life sciences industry is performed to improve the quality, safety, and efficiency of products. Factors such as rising concerns over product safety & quality, and growing focus of TIC service providers through innovation & investments are driving the growth of the aerospace & life sciences TIC market.
Here are the Top 10 Companies operating in Aerospace and Life Sciences TIC Market
Founded in 1987 and headquartered at Luxembourg City, Luxembourg; Eurofins Scientific is an international life science company which provides analytical testing services to clients across multiple industries. The company offers food and feed testing, biopharma, genomic, agro-science, consumer product testing, environment testing, clinical diagnostics, agro testing, environment testing, forensic, materials and engineering science, medical device testing services, as well as chemicals registration, evaluation, and authorization services. The company also offers its services to various industries, such as pharmaceutical, food, environmental, and consumer products industries, as well as governments.
With more than 650 laboratories across 45 countries and 4 wholly-owned CAP accredited laboratories in the U.S., Europe, Singapore, and China, the company has its geographic presence across North America, Europe, Asia-Pacific, and Latin America.
Founded in 1866 and headquartered at München, Germany; TUV SUD is mainly involved in the providing testing, inspection, and certification services. The company operates through three business segments namely Industry, Mobility, and Certifications. It offers services in the areas of auditing and system certification, global market access, inspection, knowledge solutions, product certification, testing, training, digital service, embedded systems, energy efficiency, food safety, functional safety, IT security, renewable energy, and water services. The company serves its services to various industries, such as aerospace; automotive and transportation; chemical; oil and gas; consumer products and retail; food; health and beauty; healthcare and medical device; infrastructure; manufacturing and industrial machinery; power and energy; rail; and real estate.
The company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.
Founded in 1878 and headquartered at Geneva, Switzerland; SGS SA provides inspection, verification, testing, and certification services to various industries. The company operates through nine business segments, namely Agriculture, Food and Life; Mineral Services; Oil, Gas and Chemicals Services; Consumer and Retail Services; Certification and Business Enhancement; Industrial Services; Environment, Health and Safety Services; Transportation Services; and Governments and Institutions Services. The company offers inspection services to reduce risk, control quality and quantity, and meet relevant regulatory requirements.
With more than 2,600 offices and laboratories, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.
Founded in 1863 and headquartered at Brisbane, Australia; ALS Limited provides testing, inspection, certification, and verification services worldwide. The company operates in four main testing service areas namely Life Sciences, Commodities, Industrial and Oil and Gas. The company’s life science segment provides analytical testing services to environmental, food and pharmaceutical, electronics, and consumer products. The company’s commodities segment offers testing services to geochemistry, metallurgy, inspection, and coal quality. Also, its industrial segment provides diagnostic testing and engineering solutions for the energy, resources, transportation and infrastructure sectors. In addition, the oil and gas segment provides services to the oil and gas industries such as analysis and certification, hydrocarbon formation evaluation services, specialist well services, and related analytical testing.
With 370 sites in the 70 countries the company has its geographical presence across Asia, Australia, Europe, North America, South America, and Africa.
Founded in 1996 and headquartered at Madrid, Spain; Applus+ provides testing, inspection, and certification services to the various sectors. The company operates through four divisions, namely Energy and Industry, Laboratories, Automotive, and IDIADA division. The company’s energy and industry division and laboratory division offers inspection and testing services to various industries, such as oil and gas, industrial manufacturing, power, telecommunications, construction, and aerospace. The company’s automotive division offers inspection services to government and public transport agencies. The company’s IDIADA division provides design, engineering, testing, and certification services to automotive. In addition, its Applus+ Laboratories segment offers a range of laboratory testing, system certification, and product development services across various industries, including aerospace and industrial sectors.
The company was formerly known as Applus Technologies Holding, S.L. and changed its name to Applus Services, S.A. in March 2014. With three head office in Madrid, Barcelona, and Galicia, the company has its geographic presence in North America, Europe, Middle East, and Africa, Asia-Pacific, and Latin America.
Meticulous Research in its latest publication on Aerospace and Life Sciences TIC Market has predicted the growth of 30.3% during the forecast year 2023-2030
Founded in 1869 and headquartered at Hannover, Germany; TUV NORD provides wide range of innovative testing, certification, engineering, consulting, and training services. The company operates through various business segments, such as Industry, Education, Certification, IT, Real Estates, Traffic, Energy, and Health. It offers industrial services in the areas of energy management and efficiency, materials technology and requirement, and work hour consultation for small and medium-sized companies; information technology (IT)services in the areas of personal certification, site security, functional safety, functional safety management certification, product certification, trusted tool, and trusted product usability; environment services for air, water, light, odor, soil, noise protection, and landscape; traffic services, such as vehicle inspection, mobility, rail and road inspection, and medical-psychological assessment; and certification solutions for various markets, which include IT, consumer protection, safety, environment, climate protection, quality, and technology applications, as well as other markets.
The company’s aerospace segment provides modification, testing, and certification services of electronic components. The company has its geographic presence across North America, Europe, Asia-Pacific, Africa, and Latin America.
Intertek Group plc
Founded in 1885 and headquartered at London, U.K.; Intertek Group plc provides assurance, testing, inspection, and certification services to various industries worldwide. The company operates through three business segments, namely Products, Trade, and Resources. The company’s product segment offers services to textiles, footwear, toys, hard lines, home appliances, consumer electronics, information and communication technology, automotive, aerospace, lighting, building products, industrial and renewable energy products, food and hospitality, healthcare and beauty, and pharmaceuticals. The company’s trade segment provide services to three business sectors namely, cargo & analytical assessment, government & trade services, and agriworld. In addition, the company’s resource segment provides services to oil, gas, nuclear, power, mining, and minerals exploration industries.
With more than 1,000 laboratories and offices in over 100 countries, the company has its geographic presence in North America, South America, Europe, Middle East, and Africa, and Asia-Pacific.
Founded in 1828 and headquartered at Paris, France; Bureau Veritas provides testing, inspection, and certification services to various industries. The company operates through six business segments, namely Marine and Offshore; Agri-Food and Commodities; Industry; Buildings and Infrastructure; Certification; and Consumer Products. Its marine and offshore segment offers services to ships, and ships under construction, offshore platforms, units, and maritime equipment. In addition, agri-food and commodities segment offers services to oil and petrochemicals, metals and minerals, coal, agricultural and agri-food products, imported goods industries. In addition, its industry segment offers services to oil and gas; electricity; automotive; and manufacturing and processing industries. Further, the building and infrastructure segment offers services to residential and commercial buildings, industrial facilities, public infrastructure and equipment; and consumer product segment offers service to Textiles, toys, electronic appliances, smart devices, food, jewelry, cosmetics, sports equipment and automotive spare parts industries.
With more than 1,400 offices and laboratories in 140 countries, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Founded in 1864 and headquartered at Høvik, Norway; DNV GL provides classification, technical assurance, software, and independent expert advisory services and certification services to maritime, oil and gas, energy, and other industries across the globe. The company operates through five business segments, namely Maritime, Oil and Gas, Energy, Business Assurance, and Digital Solution. Its business assurance segment provides services to food and beverage; healthcare; automotive and aviation; and space and defense industry.
With 350 offices in more than 100 countries, the company has its geographical presence across North America, Europe, Middle East, and Africa, Asia-Pacific, and Latin America.
MISTRAS Group, Inc.
Founded in 1978 and headquartered at New Jersey, U.S.; MISTRAS Group, Inc. provides a range of testing, inspection, and mechanical services to diversified customers across oil and gas; aerospace and defence; industrial; power generation and transmission; other process industries; infrastructure; research and engineering; and other industries. The company operates through three business segments, namely Services, International, and Product and System. Additionally, it provides professional engineering and consulting, and online monitoring services. The company’s aerospace and defense segment offers testing and inspection services.
With approximately 120 offices in 14 countries, the company has its geographic presence across North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.
Authoritative Research on the Aerospace & Life Sciences Testing, Inspection, and Certification Market – Global Opportunity Analysis and Industry Forecast (2019-2025)
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