Latin America Testing, Inspection, And Certification Market Size & Outlook

The testing, inspection, and certification market in Latin America is expected to reach a projected revenue of US$ 42,247.8 million by 2030. A compound annual growth rate of 4% is expected of Latin America testing, inspection, and certification market from 2025 to 2030.
Revenue, 2024 (US$M)
$33,015.1
Forecast, 2030 (US$M)
$42,247.8
CAGR, 2025 - 2030
4%
Report Coverage
Latin America

Latin America testing, inspection, and certification market, 2018-2030 (US$M)

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Latin America testing, inspection, and certification market, 2018-2030 (US$M)

Latin America testing, inspection, and certification market highlights

  • The Latin America testing, inspection, and certification market generated a revenue of USD 33,015.1 million in 2024.
  • The market is expected to grow at a CAGR of 4% from 2025 to 2030.
  • In terms of segment, testing was the largest revenue generating service in 2024.
  • Certification is the most lucrative service segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.

Latin America data book summary

Market revenue in 2024USD 33,015.1 million
Market revenue in 2030USD 42,247.8 million
Growth rate4% (CAGR from 2025 to 2030)
Largest segmentTesting
Fastest growing segmentCertification
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTesting, Inspection, Certification
Key market players worldwideALS Ltd, Applus Services SA, Bureau Veritas SA, DEKRA Certification, Element Materials Technology, Eurofins Scientific SE, Intertek Group PLC, MISTRAS Group Inc, SGS AG

Other key industry trends

  • In terms of revenue, Latin America region accounted for 8.3% of the global testing, inspection, and certification market in 2024.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 178,615.5 million by 2030.

Testing was the largest segment with a revenue share of 80.42% in 2024. Horizon Databook has segmented the Latin America testing, inspection, and certification market based on testing, inspection, certification covering the revenue growth of each sub-segment from 2018 to 2030.


Various Latin America countries, such as Brazil, Mexico, Argentina, and Chile, are increasingly implementing strict regulatory standards for product safety, environmental compliance, and quality assurance. Harmonization with international trade agreements and the requirements of export markets is driving companies to comply with third-party certifications and audits.

The increase in global trade agreements involving Latin America, such as the U.S.-Mexico-Canada Agreement (USMCA) and trade relationships with the EU and Asia, has boosted demand for TIC services. Export oriented industries, including automotive, agriculture, mining, and manufacturing, need international certifications to meet global quality and safety standards.

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Testing, Inspection, And Certification Market Scope

Testing, inspection, and certification market segmentation & scope

Testing, Inspection, And Certification Market Companies

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Latin America testing, inspection, and certification market size, by country, 2017-2030 (US$M)

Latin America Testing, Inspection, And Certification Market Outlook Share, 2024 & 2030 (US$M)

Latin America testing, inspection, and certification market size, by country, 2017-2030 (US$M)

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