Industry Statistics and Trends
Technical Testing & Analysis in Europe key trends
Inflation and economic instability have constrained recovery.
The record 9.2% annual inflation in the EU in 2022 has particularly hindered business investment and recovery in the manufacturing and construction sectors, thus stifling growth.
Environmental targets will increase demand for testing and analysis services.
With sustainability targets set by the EU and the UK, companies must ensure their products and processes are environmentally friendly, fuelling demand for testing companies.
Investment in advanced tech boosts demand for cyber security testing.
Given the rise in cyber security threats, especially in the UK, businesses are increasingly focusing on identifying potential vulnerabilities, driving demand for comprehensive testing services.
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Technical Testing & Analysis in Europe
Industry Revenue
Total value and annual change from 2011-2029. Includes 5-year outlook.
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Technical Testing & Analysis in Europe market size (2019-2024)
Industry revenue has declined at a CAGR of 4.4 % over the past five years, to reach an estimated €63.9bn in 2024.
Trends and Insights
Industrial production and construction activity dictate demand for testing and analysis
- Both the industrial production, including manufacturing and construction sectors, are the main markets for technical testing and analysis services. These sectors are very well established in Europe. Germany is a leading manufacturing powerhouse, while the UK has a significant construction market.
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Technical Testing & Analysis in Europe outlook (2024-2029)
Market size is projected to grow over the next five years.
Greater investment as economic conditions improve will drive demand
- An improving economic climate will support business sentiment and lift investment levels, fuelling demand for technical testing and analysis.
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Revenue
€63.9bn
Employees
625k
Wages
€XX.Xbn
European Leaders & Laggards
Top 5 Countries
- Estonia +9.2%
- Ireland +8.3%
- Serbia +7.5%
- United Kingdom +6.5%
- Hungary +5.7%
Bottom 5 Countries
- Malta -21.0%
- Slovakia -3.7%
- Russia -2.9%
- Switzerland -1.8%
- France -0.8%
* CAGR values are for the years 2019-2024.
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Biggest companies in the Technical Testing & Analysis in Europe
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Dekra SE | 4,027.6 | 233.2 | 5.8 | |
SGS SA | 6,476.5 | 600.3 | 9.3 | |
TUV Sud AG | 3,037.6 | 200.9 | 6.6 |
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Technical Testing & Analysis in Europe
Products & Services Segmentation
Industry revenue broken down by key product and services lines.
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Top Questions Answered in this Report
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What is the market size of the Technical Testing & Analysis industry in Europe in 2024?
The market size of the Technical Testing & Analysis industry in Europe is €63.9bn in 2024.
How many businesses are there in the Technical Testing & Analysis in Europe industry in 2024?
There are 110k businesses in the Technical Testing & Analysis industry in Europe, which has grown at a CAGR of 2.9 % between 2019 and 2024.
Has the Technical Testing & Analysis industry in Europe grown or declined over the past 5 years?
The market size of the Technical Testing & Analysis industry in Europe has been declining at a CAGR of 4.4 % between 2019 and 2024.
What is the forecast growth of the Technical Testing & Analysis industry in Europe over the next 5 years?
Over the next five years, the Technical Testing & Analysis industry in Europe is expected to grow.
What does the Technical Testing & Analysis in Europe include?
Product testing and analysis and Materials and equipment testing and analysis are part of the Technical Testing & Analysis industry.
Which countries have the most businesses in the Technical Testing & Analysis industry in Europe?
The European country with the most businesses in the Technical Testing & Analysis industry is Russia.
How competitive is the Technical Testing & Analysis industry in Europe?
The level of competition is high and steady in the Technical Testing & Analysis industry in Europe.
Related Industries
This industry is covered in 37 countries
- Technical Testing & Analysis in Greece
- Technical Testing & Analysis in Romania
- Technical Testing & Analysis in Norway
- Technical Testing & Analysis in Switzerland
- Technical Testing & Analysis in Poland
- Technical Testing & Analysis in Ireland
- Technical Testing & Analysis in Finland
- Technical Testing & Analysis in Bulgaria
- Technical Testing & Analysis in Luxembourg
- Technical Testing & Analysis in Russia
- Technical Testing & Analysis in Slovakia
- Technical Testing & Analysis in Turkey
- Technical Testing & Analysis in Cyprus
- Technical Testing & Analysis in Estonia
- Technical Testing & Analysis in Iceland
- Technical Testing & Analysis in Europe
- Technical Testing & Analysis in Spain
- Technical Testing & Analysis in Portugal
- Technical Testing & Analysis in Serbia
- Technical Testing & Analysis in Belgium
- Technical Testing & Analysis in Italy
- Technical Testing & Analysis in Czechia
- Technical Testing & Analysis in Sweden
- Technical Testing & Analysis in Latvia
- Technical Testing & Analysis in Bosnia & Herzegovina
- Technical Testing & Analysis in Austria
- Technical Testing & Analysis in France
- Technical Testing & Analysis in Lithuania
- Technical Testing & Analysis in the Netherlands
- Technical Testing & Analysis in Hungary
- Technical Testing & Analysis in Denmark
- Technical Testing & Analysis in Malta
- Technical Testing & Analysis in Croatia
- Technical Testing & Analysis in Slovenia
Table of Contents
About this industry
Industry definition
This industry includes organisations that conduct physical, chemical and other analytical tests on materials and products. This includes the certification of consumer goods, motor vehicles, equipment, pressurised containers, food hygiene and nuclear plants by using models or mock-ups.
Related Terms
CERTIFICATIONRISK ASSESSMENTINTERNET OF THINGS (Iot)What's included in this industry?
Product testing and analysisMaterials and equipment testing and analysisTesting and analysis of processes and systemsAgriculture and food testing and analysisCompanies
Dekra SESGS SATUV Sud AGIndustry Code
712 - Technical testing and analysis in Europe
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Performance
Key Takeaways
Industrial production and construction activity dictate demand for testing and analysis
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Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue in the Technical Testing & Analysis in Europe industry (2011 -2029)
- Employees in the Technical Testing & Analysis in Europe industry (2011 -2029)
- Business in the Technical Testing & Analysis in Europe industry (2011 -2029)
- Profit in the Technical Testing & Analysis in Europe industry (2011 -2029)
Analysis
What's driving current industry performance in the Technical Testing & Analysis in Europe industry?
Outlook
Analysis
What's driving the Technical Testing & Analysis in Europe industry outlook?
Volatility
Analysis
What influences volatility in the Technical Testing & Analysis in Europe industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Technical Testing & Analysis in Europe industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Demand for industry services is growing as digital vulnerabilities increase. These services aim to ensure business operations are efficient, effective and secure, encompassing everything from software testing, quality assurance and cyber-security evaluation to risk assessments for businesses.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Technical Testing & Analysis in Europe industry's products and services performing?
Analysis
What are innovations in the Technical Testing & Analysis in Europe industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Technical Testing & Analysis in Europe industry?
International Trade
Highlights
- Largest Importer
- Smallest Importer
- Total Imports into Europe
- Largest Exporter
- Smallest Exporter
- Total Exports into Europe
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Revenue by Region (2024)
- Share of Total Industry Enterprises by Region (2024)
- Share of Total Industry Employment by Region (2024)
- Share of Total Industry Wages by Region (2024)
Industry Geographic Breakdown
Data Tables
Values and annual change provided for 37 European countries:
- Revenue (2024)
- IVA (2024)
- Enterprises (2024)
- Employment (2024)
- Exports (2024)
- Imports (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Success mainly depends on human expertise. The scale of a business doesn’t determine success, as smaller companies can effectively compete with larger counterparts because expertise is more valuable than mere access to funding.
Supply Chain
Charts
Buyer and supply industries
Companies
Market Share
Charts
- Industry Market Share by Company (2019-2024)
Companies
Data Tables
Top 10 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit Margin (2024)
Data Tables
- Countries of operation for Dekra SE
- Countries of operation for SGS SA
- Countries of operation for TUV Sud AG
- Countries of operation for Bureau Veritas SA
- Countries of operation for TUV Rheinland AG
- Countries of operation for Holding Socotec – SAS
- Countries of operation for Fugro NV
- Countries of operation for Intertek Group plc
- Countries of operation for SIME SRL
- Countries of operation for Igeotest SL
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
The regulatory environment has become more stringent, contributing to revenue growth. New regulations have been introduced in the domain of emerging digital, data-driven and automated technologies alongside environmental targets to tackle climate change.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Technical Testing & Analysis in Europe industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Economic woes have strangled business spending on testing services. Economic challenges, including the COVID-19 pandemic and subsequent inflationary environment, have raised operating costs while subduing business investment and weakening output in the key downstream manufacturing and construction sectors.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Technical Testing & Analysis in Europe industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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