Testing, Inspection and Certification Market: Market Insights and Market Potential
Furthermore, increasing trade between countries as a result of globalization has also impacted the growth of this market positively. Considering these positive factors, the demand for testing, inspection, and certification services is set to rise during the forecast period from 2017 - 2025. The global testing, inspection and certification market was valued at US$184,545.5 mn in 2016 and is anticipated to expand at a CAGR of 5.8 % from 2017 to 2025.testing inspection and certificationEnergy and Utilities Sector to Present Promising Rise in Demand
View Our Report @ https://www.transparencymarketresearch.com/testing-inspection-certification-market.html
The global testing, inspection and certification market is segmented on the basis of criteria such as service type, sourcing type, and industry. By type, the market is categorized into testing and inspection and certification. Among these, the testing and inspection segment is presently the most promising in terms of revenue opportunity and is expected to fuel the growth of this market over the forecast period.
Based on sourcing type, the market is segmented into in-house sourcing and outsourcing. Furthermore, the key industries that utilize TIC services covered in the report include infrastructure and construction, transformational and contract manufacturing, food and beverages, agriculture and forest, information technologies, chemical, healthcare & pharmaceutical, transportation and logistics, travel and tourism, energy and utilities, water and wastewater management, government, education, textile, and cosmetics. Among these, the infrastructure and construction and energy and utilities are the leading segments and are expected to enhance the growth of the market around the globe. The energy and utilities sector was the largest contributor in the testing, inspection, and certification market in 2015 and is expected to retain its position throughout the forecast period.
Emerging nations possess huge potential for the development of the testing, inspection, and certification market. The volume of goods being exported from emerging countries to developed countries has increased drastically in the recent past and trends suggest that there has been an increasing focus among western companies to control the entire value chain. The goods exported must conform to the relevant western standards. Moreover, the expansion of the middle class especially in the BRIC countries has resulted in people becoming more health conscious. People are becoming choosier about the food they consume and often prefer food that is certified. Furthermore, demand for water, energy, and consumer goods is growing with the improvement in the economic situation and a higher disposable income.
Get PDF Sample of This Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=5669
However presently, the testing, inspection and certification market in Europe is the leading revenue generator, chiefly owing to the presence of stringent regulations and guidelines in various industries such as food and beverages, oil and gas, infrastructure and construction, cosmetics, water and wastewater management, and transportation. European customers are well aware of the benefits associated with testing, inspection and certification services.
Some of the leading players in the global testing, inspection, and certification market are Intertek Group PLC, Bureau Veritas SA, SGS Group, ASTM International, ALS Ltd., TUV SUD AG, DNV GL Group AS, AsureQuality Ltd., Underwriters Laboratories Inc, Dekra SE, Lloyd's Register Group Limited, and TÜV Rheinland Group.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Transparency Market Research State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: email@example.com Website: http://www.transparencymarketresearch.com Blog: https://factsntrends.com/
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Testing, Inspection and Certification Market: Market Insights and Market Potential here
News-ID: 1406139 • Views: 154
More Releases from Transparency Market Research
Nonylated Diphenylamine Market Strong Development By Major Eminent Players, Emer …
Nonylated Diphenylamine Market: Overview Nonylated diphenylamine is a liquid antioxidant used for mineral oil, synthetic-oil based lubricants and greases. It is a dark brown viscous liquid that is used for lubrication. Lubricants are processed products of refining of different crude oils and synthetic lube oils. These oils are added to additives and used in engine oils, gear oils, hydraulic fluids, turbine oils, and greases. Nonylated diphenylamine provides oxidative resistance to lubricants
Wood Pellet Market- Industrial Forecast, Market Analysis and Trends 2023
Transparency Market Research, in a report titled "Wood Pellets Market -Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023," states that the estimation of the global wood pellets market is anticipated to ascend from US$6.2 bn in 2014 to US$20 bn in 2023. In the event that these qualities remain constant, the report expresses that the market will enroll a 14.10% CAGR in that. View exclusive Global strategic
Electrical Submersible Pumps Market is projected to reach US$16.75 bn by the end …
An enormous number of unmistakable undertakings with solid brands right now speak to the greater part in the global electrical submersible pumps (ESPs) market. This furnishes the market with a profoundly focused seller scene. As indicated by Transparency Market Research (TMR), the main four organizations working in the market, containing Schlumberger Limited, Borets Company, LLC, Baker Hughes Incorporated, and GE Oil and Gas, held over 86% of the worldwide ESP
Circulating Fluidized Bed Boilers Market 2023 - Opportunities And Challenges
Innovation varieties, the ongoing advances in plan, and divided assembling have brought about a high level of rivalry in the global circulating fluidized bed (CFB) boilers advertise. This thusly has constrained the main endeavors in the market, for example, Alfa Laval AB, AE&E Nanjing Boiler Co. Ltd., Bharat Heavy Electricals Limited (BHEL), and others to concentrate on direct advertising. According to Transparency Market Research (TMR), most of these organizations as
More Releases for Group
Global LF Refined Steel market 2017 - HBIS Group, NSSMC Group, POSCO, Shagang Gr …
Apex Market Reports, recently published a detailed market research study focused on the "LF Refined Steel Market" across the global, regional and country level. The report provides 360° analysis of "LF Refined Steel Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global LF Refined Steel industry, and estimates the future trend of
Skye Dental Group
The Skye Dental Group has some of Glasgow’s most established, hygienic and professional practices under its umbrella. This includes The Glasgow Dentist, based in the Rutherglen area of Glasgow. The practice offers a range of private dental treatments such as teeth straightening systems, Damon Braces, Invisalign and Six Month Smiles, as well as dental implants for missing teeth and general dentistry and hygienist services. Damon Braces Damon Braces are a fixed brace teeth
Carpet Tile Market 2017 - Interface, Mohawk Group, Dixie Group, Milliken Group, …
The Global Carpet Tile Market 2017 Industry Research Report focused on global and regional market, major manufacturers, as well as the current state of the Carpet Tile industry. First, "Global Carpet Tile Industry 2017" report analyzed the basic scope of this industry like definition, specification, classification, application, industry policy, news analysis and Carpet Tile industry chain structure. Major Companies Covered in this report:- Interface Mohawk Group Dixie Group Milliken Group Bentley Mills Shaw Contract Group Request For Report
Sharp World Group
In order to develop production, it is necessary to continuously improve performance and introduce modern methods of work. As new technologies appear, enterprises strive to modify equipment they use in order to improve quality of products they propose. Such changes directly affect formation of consumer’s goods loyalty that, in its turn, ensures a stable profit and revenue for the company. Sharp World Group is one of the leading companies that manufactures
Sharp World Group
Pour développer la fabrication il faut perfectionner son fonctionnement et intégrer de nouvelles méthodes modernes. A mesure que de nouvelles technologies apparaissent les entreprises сherchent à modifier l’équipement pour améliorer la qualité du produit. De tels changements influencent la fidélisation des clients ce qui assure les bénéfices et le profit de l’entreprise. Sharp World Group est une des sociétés leaders de production des systèmes de refroidissement et de congélation. Avec son
Dr. Batra's Group Profile
Dr. Batra's – the name that represents excellence and commitment to the health services sector – the pioneering force that aims at building values for patients, employees, partners and for the society, at large. The fundamental business strategy of Dr. Batra’s is to innovate, to excel at whatever is created and to build a brand that constantly strives for something still better! Transparency in business and abiding by their fundamental principles