Testing, Inspection and Certification Services Market Outlook To 2025 - MISTRAS Group, Inc., RINA, SAI Global, SGS, SOCOTEC, Applus+, BSI, Bureau Veritas, DEKRA, DNV GL, Eurofins, Exova Group Limited, Intertek, Lloyd's Register

The global testing, inspection and certification services market share is anticipated to exceed USD 260 billion by 2025, driven by the obligation of companies towards meeting specific product requirements and to comply with international quality standards. In a bid to ensure increased productivity for clients and assist manufacturers, prominent testing, inspection, and certification services industry giants have been working to substantially augment their services portfolio. While regulatory bodies like the World Trade Organization (WTO) have been encouraging product manufacturers to maintain the quality and compliance of the products, regional policymakers have also been active in helping private companies develop quality management infrastructure in order to meet the requirements of international product standards.

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The testing, inspection and certification services market is rapidly witnessing demand from the healthcare and life sciences segment, with test and inspection reports of pharmaceutical equipment being critical in assessing whether the international standards are met. testing, inspection and certification companies are trying their best to evolve with technological developments and remain up-to-date with new regulations pertaining to safety and quality.

Heavy investments in energy, transportation, and infrastructural development across the globe will also remarkably boost the testing, inspection, and certification services market share over the years ahead. The efforts put in by regional governments and industry players for the standardization of policies to ensure quality infrastructure will have a major influence on testing, inspection and certification services market size at the regional level.

The global testing, inspection and certification services industry growth is majorly driven by the presence of important market contenders. The expansion of Europe market size, in particular, can be credited to the presence and efforts of companies such as Bureau Veritas and SGS.
Taking into account the increasing importance of product quality and betterment of assessment services, the contributors in Europe testing, inspection, and certification services industry have been focusing on the enhancement of their existing product portfolios. Say for example, one of the leading players of the Europe testing, inspection and certification service industry, Bureau Veritas recently formed a collaboration with the well-known scientific traceability services provider, Oritain.

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Glimpse of Table of Content (ToC): -
Charts & Figures
FIG. 1 Industry segmentation
FIG. 2 testing, inspection and certification services market, 2014 - 2025 (USD Million)
FIG. 3 Component of ecosystem
FIG. 4 Industry ecosystem analysis
FIG. 5 Growth potential analysis
FIG. 6 Porter’s analysis
FIG. 7 PESTEL analysis
FIG. 8 testing, inspection and certification services market share, 2018
FIG. 9 Company analysis of major market players, 2018
FIG. 10 Company analysis of market challengers, 2018
FIG. 11 SWOT Analysis, ALS, Ltd.
FIG. 12 SWOT Analysis, AmSpec LLC
FIG. 13 SWOT Analysis, Apave International
FIG. 14 SWOT Analysis, Applus+
FIG. 15 SWOT Analysis, BSI Group
FIG. 16 SWOT Analysis, Bureau Veritas SA
FIG. 17 SWOT Analysis, Core Laboratories
FIG. 18 SWOT Analysis, DEKRA
FIG. 19 SWOT Analysis, DNV GL
FIG. 20 SWOT Analysis, Eurofins Scientific

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