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Testing, Inspection and Certification Market In-depth analysis, Competitive Insights, Overview and Scope till 2025
Testing, Inspection and Certification Market
Companies provide inspection, verification, testing and certification services and related support functions such as auditing, consulting and training. The purpose of these services is to increase productivity, help local manufacturers meet global standards, manage risk, and improve the quality, safety and compliance of a companys products and services.
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The primary role of testing, inspection, and certification is to ensure the maintenance of the health, safety, and quality requirements products. Testing, inspection, and certification companies are engaged in inspection, verification, testing and certification services to help increase productivity and also help local manufacturers comply with the global standards.
Europe is the largest regions of Testing, Inspection and Certification, with revenue market share about 38.51% in 2017, North America following Europe, takes revenue market share of 27.38%. Asia-Pacific is an important market of Testing, Inspection and Certification, accounting for 22% revenue market share.
The application of Testing, Inspection and Certification included Consumer Product, Commodities, Industry, LFE and Other industry. Industry is the largest application takes revenue market share of 50% in 2017. LFE is the second application takes revenue market share of 24% in 2017.
SGS Group, Bureau Veritas, Dekra Certification, Intertek, TUV SUD, Eurofins Scientific, DNV, TUV Rheinland, UL LLC, ALS Limited and TUV Nord Group is the top player in the industry, they together with 39.36% market share.
In 2017, the global Testing, Inspection and Certification market size was 8720 million US$ and it is expected to reach 12700 million US$ by the end of 2025, with a CAGR of 4.8% during 2018-2025.
Various factors affecting the forecasted trend in the Testing, Inspection and Certification market are discussed in detail with analysis of the same. The global market report covers all the drivers, trends, and challenges in the market within the analysis and for the elucidation of the forecast statistics. Furthermore, the global market report is dissected and analysed across its various segments such as by product type, by application, by end users, and by region.
This report focuses on the global Testing, Inspection and Certification status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Testing, Inspection and Certification development in United States, Europe and China.
The following manufacturers are covered in this report, with sales, revenue, and market share for each company:
• SGS Group
• Bureau Veritas
• Dekra Certification
• Intertek
• TUV SUD
• Eurofins Scientific
• DNV
• TUV Rheinland
• UL LLC
• ALS Limited
• TUV Nord Group
• Mistras Group
• SAI Global
• BSI Group
• Exova Group
o Market size by Product -
• In-House
• Outsourced
o Market size by End User/Applications -
• Consumer Product
• Commodities
• Industry
• LFE
• Other
o Market size by Region
• North America
• Europe
• China
• Japan
• Southeast Asia
• India
• Central & South America
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The study objectives of this report are:
To analyze global Testing, Inspection and Certification status, future forecast, growth opportunity, key market and key players.
To present the Testing, Inspection and Certification development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
Table of Contents:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Testing, Inspection and Certification Market Size Growth Rate by Type (2013-2025)
1.5 Market by Application
1.5.1 Global Testing, Inspection and Certification Market Share by Application (2013-2025)
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Testing, Inspection and Certification Market Size
2.2 Testing, Inspection and Certification Growth Trends by Regions
2.2.1 Testing, Inspection and Certification Market Size by Regions (2013-2025)
2.2.2 Testing, Inspection and Certification Market Share by Regions (2013-2018)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities
3 Market Share by Key Players
3.1 Testing, Inspection and Certification Market Size by Manufacturers
3.1.1 Global Testing, Inspection and Certification Revenue by Manufacturers (2013-2018)
3.1.2 Global Testing, Inspection and Certification Revenue Market Share by Manufacturers (2013-2018)
3.1.3 Global Testing, Inspection and Certification Market Concentration Ratio (CR5 and HHI)
3.2 Testing, Inspection and Certification Key Players Head office and Area Served
3.3 Key Players Testing, Inspection and Certification Product/Solution/Service
3.4 Date of Enter into Testing, Inspection and Certification Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type and Application
4.1 Global Testing, Inspection and Certification Market Size by Type (2013-2018)
4.2 Global Testing, Inspection and Certification Market Size by Application (2013-2018)
5 United States
6 Europe
7 China
8 Japan
9 Southeast Asia
10 India
11 Central & South America
12 International Players Profiles
13 Market Forecast 2018-2025
13.1 Market Size Forecast by Regions
13.9 Market Size Forecast by Product (2018-2025)
13.10 Market Size Forecast by Application (2018-2025)
In this study, the years considered to estimate the market size of Testing, Inspection and Certification are as follows:
• History Year: 2013-2017
• Base Year: 2017
• Estimated Year: 2018
• Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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