The China testing, inspection, and certification market size was valued at USD 40.24 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.9% from 2022 to 2030. Increasing foreign investments are expected to drive the growth. In an attempt to achieve progressive liberalization, the Chinese government has laid down favorable policies for international players to establish their presence in the country. Increasing adoption and development of alternative fuel vehicles such as hybrid and electric vehicles are anticipated to increase the testing and inspection activities for such vehicles, thus, driving the growth of the market.
The China testing, inspection, and certification (TIC) market is expected to register rapid growth, attributed to the increasing number of government investments focused on the growth of the transportation and energy sectors, as well as the construction industry. For instance, according to Minister of Transport Li Xiaopeng, China will invest around USD 372 billion in the transportation industry by 2021. The rising standard of living of citizens led to the rising demand for consumer goods, consequently catalyzing the growth. Increasing outsourcing of testing, inspection, and certification services by prominent manufacturing, automotive, and consumer goods companies is projected to propel market growth.
The Chinese government has eased the entry of foreign players by uplifting the barriers for international companies offering TIC solutions dominated by domestic players. Moreover, the market is expected to witness substantial growth owing to the rising international investments. The growing popularity of testing and certification services for accelerating and developing smart technologies such as smart cities, smart vehicles, and so on is anticipated to support the growth of the market. The increasing government alliances, implementation of new standards and regulations, and the increasing need for third-party inspection services are some of the key drivers propelling the market growth.
A wide number of companies in the market are strategizing to acquire various companies to expand their footprints in the market. For instance, in April 2018, Intertek Group PLC agreed to acquire Proasem, a Colombia-based service provider of testing, inspection, and metrology services. This acquisition would benefit Intertek Group PLC in increasing its sales/expanding in Colombia and Latin America with the help of Proasem’s expertise and established customer base. In March 2018, the Lloyd's Register Group Limited acquired Nettitude, a cybersecurity solution provider in the U.K. This acquisition has enabled Lloyd's Register Group Limited to strengthen its cybersecurity services and certification.
The in-house sourcing segment held the largest market share of around 63.9% in 2021. Previously, most Chinese manufacturers preferred in-house inspection as it enabled saving costs involved in the third-party inspection of a company. However, the cost of in-house inspection, testing, and certification of products increased due to an increasing number of regulations and standards related to TIC, and therefore, several players in the industry have started outsourcing TIC services to third-party service providers.
The outsourced segment is expected to register a high CAGR over the forecast period. This is due to the rise of third-party inspection regulation internationally and the stringent application of CCC certification in China. Continuous updates and modifications of testing standards and regulations are further anticipated to boost the growth of the segment. This is because it helps in saving the cost of technology and resource investments in testing equipment and processes.
The transportation application segment held the largest market share of around 12.4% in 2021. The application segment has been further categorized into consumer goods & retail, agriculture & food, chemicals, infrastructure, energy & power, manufacturing, healthcare, mining, oil & gas and petroleum, public sector, transportation, supply chain & logistics, and others. The growth of self-driving vehicles, electric vehicles, and hybrid vehicles is expected to drive the growth of the TIC market in major Chinese cities such as Guangzhou and Shanghai. The growth of the e-commerce market in China is expected to drive the demand for the consumer goods & retail segment. This will lead to an increase in inspection and verification needs of products before their delivery.
The 13th Five Year Plan of China states the development of green transportation solutions such as electric and hybrid vehicles for the advancement of the country’s transportation sector. Furthermore, the Plan elaborates on the implementation of innovative smart transportation solutions such as autonomous cars and connected trucks. The growth of such technologies is expected to increase the need for supporting services such as research, testing, and inspection over the forecast period. These factors will drive the growth of the market during the forecast period.
The testing segment held the largest revenue share of around 73.7% in 2021. Based on services, the market has been segmented into testing, inspection, and certification. The testing is the process of determining one or more characteristics of an object of conformity assessment, following a fixed procedure. This segment is expected to hold the largest market share over the forecast period owing to the demand for such services in various industry verticals. These verticals include manufacturing, automotive, and construction for quality and safety analysis of materials, components, chemicals, and electronic & consumer products.
The inspection services segment is expected to register the highest CAGR exceeding 9% over the forecast period, due to the increasing number of construction and infrastructure development projects. The Vendors are focusing on expanding the number of stations for mission inspection. For instance, In August 2019, TUV SUD AG announced the launch of a hardlines testing laboratory for expanding the prevailing facility of exporting companies and manufacturers which are tested in the laboratory for their safety and quality. Furthermore, In June 2020, the TUV group has set up a softlines testing establishment in Guangzhou. The facility provides global standard testing services for manufacturers, importers, exporters, and global retailers for garment testing.
The market players in China are entering into mergers and collaborations for expanding and exploring growth opportunities in the market. In March 2018, Bureau Veritas SA completed the acquisition of EMG Corporation (U.S.), a company that provides solutions, for construction assessment, and project management solutions. The former company aimed at expanding and developing infrastructure services in the U.S. through the acquisition. Some prominent players in the China testing, inspection, and certification market include:
AsureQuality Limited
Bureau Veritas SA
DEKRA SE
DNV GL Group AS
Intertek Group PLC
Lloyd’s Register Group Limited
SGS S.A
TUV Rheinland AG Group
Underwriters Laboratories Inc.
Asia Quality Focus
HQTS Group Ltd.
InTouch Services Ltd.
China Inspection Co., Ltd.
Centre Testing International
China Certification & Inspection Group
Asia Quality Control
V-Trust
TUV SUD
TUV Nord
American Bureau of Shipping
Hartford Steam Boiler
Larsen & Toubro
Asia Inspection
China Building Material Test & Certification Group Co. Ltd.
China Special Equipment Inspection and Research Institute
China Classification Society
Report Attribute |
Details |
Market size value in 2022 |
USD 44.18 billion |
Revenue forecast in 2030 |
USD 69.75 billion |
Growth Rate |
CAGR of 5.9% from 2022 to 2030 |
Base year for estimation |
2021 |
Historical data |
2017 - 2020 |
Forecast period |
2022 - 2030 |
Quantitative units |
Revenue in USD billion and CAGR from 2022 to 2030 |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered |
Service, sourcing type, application |
Country scope |
China |
Key companies profiled |
AsureQuality Limited; Bureau Veritas SA; DEKRA SE; DNV GL Group AS; Intertek Group PLC; Lloyd’s Register Group Limited; SGS S.A; TUV Rheinland AG Group; Underwriters Laboratories Inc. |
Customization scope |
Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
This report forecasts growth at the country level and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the China testing, inspection, and certification market report based on service, sourcing type, and application:
Service Outlook (Revenue, USD Billion, 2017 - 2030)
Testing
Inspection
Certification
Sourcing Type Outlook (Revenue, USD Billion, 2017 - 2030)
In-house
Outsourced
Application Outlook (Revenue, USD Billion, 2017 - 2030)
Consumer Goods & Retail
Personal Care & Beauty Products
Hard Goods
Soft-liners & Accessories
Toys & Juvenile Products
Electrical & Electronics
Others (Detergents and Non-woven products)
Agriculture & Food
Seed & Crop
Fertilizers
Commodities
Beverages
Alcoholic
Beer
Spirits
Wine
Others (Cider and Cocktails)
Non-alcoholic
Carbonated soft drinks
Fruit drinks
Bottled water
Functional beverages
Sports drinks
Others (Milk-based drinks)
Others (Forestry and Food packaging)
Chemicals
Asset Integrity Management Services
Project Life Cycle Services
Finished Product Services
Chemical Feedstocks Services
Others (Lab design and Operation & Commissioning)
Infrastructure
Project Management
Material Services
Construction Machinery & Equipment Services
Facilities Management & Inspection Services
Others (Supply Chain Services and Quality Health & Safety)
Energy & Power
Energy sources
Nuclear
Wind
Solar
Alternative fuels
Fuel Oil & Gases
Coal
Hydropower
Others (Geothermal energy, Tidal energy)
Manufacturing
Suppliers Related Services
Production & Products Related Services
Projects Related Services
Others (Logistics and Safety)
Healthcare
Medical Devices
Health, Beauty, and Wellness
Clinical Services
Laboratory Services
Biopharmaceutical & Pharmaceutical Services
Others (Training and Staffing)
Mining
Inspection & Sampling Service
Analytical Service
Exploration Service
Metallurgy & Process Design
Production & Plant Services
Project Risk Assessment & Mitigation
Oil & Gas and Petroleum
Upstream
Midstream
Downstream
Biofuels & Feedstock
Petrochemicals
Asset Integrity Management Services
Project Life Cycle Services
Others (Functional safety services)
Public Sector
Product Conformity Assessment
Monitoring Services
Valuation Services
Others (Road Safety Traffic, E-government, and Technical Verification Programs)
Transportation
Automotive
Electrical Systems & Components
Electric Vehicles, Hybrid Electric Vehicles, and Battery Systems
Telematics
Fuels, Fluids, and Lubricants
Interior and Exterior Materials and Components
Vehicle Inspection Services (VIS)
Homologation Testing
Others (Aftermarket distribution)
Aerospace & Defense
Services for Airports
Services for Aviation
Services for Aerospace
Marine
Marine Fuel Systems & Component Services
Ship Classification Services
Marine Materials & Equipment Services
Others (Cargo, Crane, and Vessel)
Rail
Rail Testing Services
Rail Inspection Services
Rail Certification Services
Others (Lab Testing and Supplier Accreditation)
Supply Chain & Logistics
Packaging & Handling
Risk Management
Others (Audits, Certification, and Training)
Others
b. The china testing inspection and certification market size was estimated at USD 40.24 billion in 2021 and is expected to reach USD 44.18 billion in 2022.
b. The china testing inspection and certification market is expected to grow at a compound annual growth rate of 5.9% from 2022 to 2030 to reach USD 69.75 billion by 2030.
b. Testing dominated the china TIC market with a share of 73.7% in 2021. This is attributable to owing to the demand for such services in various industry verticals.
b. Some key players operating in the china TIC market include AsureQuality Limited; Bureau Veritas SA; DEKRA SE; DNV GL Group AS; Intertek Group PLC; Lloyd’s Register Group Limited; SGS S.A; TUV Rheinland AG Group; Underwriters Laboratories Inc.
b. Key factors that are driving the china testing inspection and certification market growth include the increasing number of government investments that are focused on the growth of the transportation and energy sectors, as well as the construction industry.
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