Poland Testing, Inspection & Certification (TIC) Market size was valued $2.35 billion in 2019, and estimated to grow at a CAGR of 6.47% during 2020-2025. The increasing demand for penetrant testing from the plastic, metals and ceramic in the country has enhanced the Poland TIC market. The growth of the automotive industry has driven the demand for inspection services which is further fuelling the Poland TIC market industry. Moreover, the growing manufacturing of electrical and electronics products in Poland has also raised the need for advanced testing services. These significant key driver are further anticipating the growth of the Poland TIC market during the forecast period.
Type of Application- Segment Analysis
Certification and Valuation of Shipments segment held the largest market share in the Poland TIC market in 2019. The need for effective regulations for ensuring standard certification and valuation of shipments plays a key role in certifying a product. Each product which is manufactured by a company requires certification in order to ensure safe import and export of the products. With the enhanced certification and valuation of shipments the productivity of a company increases and further passes all the qualification testing procedures. Furthermore, government also implements pre-shipment inspection programs for ensuring that the shipments of products comply with certain regulations and standards. Thus, certification and valuation of shipments plays a key role in ensuring all the regulations and standards related to the product and fueling the Poland TIC market.
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End-use Industry - Segment Analysis
In 2019, Automotive Industry dominated the Poland TIC market with a CAGR of 7.85% during the 2020-2025. Polish automotive industry is growing at a significant rate owing to the growing production of vehicles. According to the Polish Investment & Trade Agency, in 2018 the annual production of passenger cars was 451,600. Furthermore, in 2018 the export volume of vehicles such as passenger cars, commercial vehicles (vans & trucks) and buses was 28.7 billion. Also, inspection is an essential part of the automotive industry, as it is imperative that the parts of automotive engines and vehicles are checked for quality. Thus, the growing need for inspection services for automotive engines and components will enhance the growth of the Poland TIC market.
Drivers – Poland TIC Market
Rising growth of the manufacturing industry
The rapid advancement in the manufacturing industry in Poland is highly enhancing the Poland TIC market. The manufacturing industry is significantly growing due to the rapid automotive production which accounted for 11% in 2018. Moreover, Poland is among the 23rd largest vehicle manufacturer in the world. Furthermore, Poland’s manufacturing industry also includes manufacture of electronics and electrical machinery which requires efficient testing, inspection and certification for the production and import and export to other countries. Thus, this key driver will further drive the growth of the Poland TIC market.
Introduction of Latest technology for new quality processes
Technological innovation are reshaping the traditional testing processes and leading to the involvement of modern techniques for proving enhanced testing of products. The implementation of automated systems, drones and integrated sensors are the types of technologies that are being adopted for replacing the physical TIC processes which are prone to human error. Moreover, TIC providers are widely adopting these latest technologies for higher efficiency, and further creating opportunities for the new entrants. Thus, the deployment of technology by TIC providers will fuel the growth of the market.
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Challenges – Poland TIC Market
Time-consuming qualification testing
Testing, Inspection and Certification services requires third-party verification for certain products which leads to a time-consuming process. The occurrence of time-consuming procedures for providing TIC to certain products leads to hamper the export and import of products. Majority of the companies find this as major concern as more time-consuming qualification testing leads to delay in importing the goods and further hindering the productivity of the company. This key challenge leading to the consumption of time in qualification testing will thus dampen the growth of the Poland TIC market.
Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Poland Testing, Inspection and Certification (TIC) market. In 2019, the market of Poland Testing, Inspection and Certification (TIC)has been consolidated by the top ten players – Kiwa Group, SGS, Eurofins, Bureau Veritas, Intertek, Dekra, TUV SUD, TUV Nord, Applus and TUV Rheinland,
Acquisitions/Technology Launches
In May 2019, Kiwa Inspecta partnered with Force Technology, one of the key player in Scandinavia. This partnership has led to the development of testing, inspection, certification and business, and has resulted in increasing the company’s expertise and become a supplier.
In 2018, SGS announced that leading companies in the testing, inspection and certification launched the TIC Council, an international association that represents independent third party verification.
Key Takeaways
The Polish automotive industry significantly growing at a CAGR of 7.85% during 2020-2025, owing to increasing production of vehicles and leading to the requirement of enhanced inspection services for engines and vehicles.
The introduction of technologies such as automated systems, drones and integrated sensors has highly modeled the traditional TIC processes which were prone to human error. Also, the adoption of these technologies by TIC providers has further fueled the Poland TIC market.
The enhanced need for certification and valuation of shipment in order to comply with the government regulation and standards has boosted the several company’s productivity. This factor has further fueled the Poland’s export and import of good further propelling the growth of the market.
The time-consuming qualification testing procedures due to the interference by the third-party for verification of products are highly hindering the growth of the Poland TIC market.
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