Company Report
SGS Maintains Strong Position
SGS is the largest company globally in the testing, inspection, and certification sector, with global operations servicing a variety of sectors. The TIC market is highly fragmented, comprised mainly of local or regional players that lack the capabilities to operate across multiple industries and geographies. As such, they struggle to successfully service the needs of multinational companies. SGS' scale allows the company to leverage its network of industry experts and testing sites to offer a broad service and bid for large multiyear contracts.