Market revenue in 2024 | USD 14,529.7 million |
Market revenue in 2030 | USD 17,591.4 million |
Growth rate | 3.2% (CAGR from 2025 to 2030) |
Largest segment | Testing |
Fastest growing segment | Certification |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Testing, Inspection, Certification |
Key market players worldwide | ALS Ltd, Applus Services SA, Bureau Veritas SA, DEKRA Certification, Element Materials Technology, Eurofins Scientific SE, Intertek Group PLC, MISTRAS Group Inc, SGS AG |
Testing was the largest segment with a revenue share of 78.23% in 2024. Horizon Databook has segmented the Middle East & Africa testing, inspection, and certification market based on testing, inspection, certification covering the revenue growth of each sub-segment from 2018 to 2030.
Countries in the Gulf Cooperation Council (GCC), such as KSA, the UAE, and Qatar, are aggressively pursuing economic diversification under initiatives like Saudi Vision 2030 and UAE Vision 2021. These programs emphasize the growth of manufacturing, construction, and industrial sectors, creating demand for TIC services to ensure quality, compliance, and safety.
The MEA region is witnessing increasing investments in various industries such as, oil & gas, petrochemicals, renewable energy, automotive, and construction, particularly in KSA and the UAE, necessitating inspection and testing for equipment and infrastructure.
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