openPR Logo
Press release

Demand for Management System Certification Market is Expected to Reach US$ 46.3 billion by 2034

07-10-2024 11:56 AM CET | IT, New Media & Software

Press release from: Fact.MR

The global management system certification market is expected to reach US$ 29 billion in 2024, as revealed in the updated research report by Fact.MR. Revenue from management system certification services is evaluated to increase at 4.8% CAGR and reach US$ 46.3 billion by 2034.

Certified products hold significant advantages over non-certified counterparts, as uncertified objects, typically manufactured at lower costs, may have inferior quality components that fail to meet safety and quality standards. In contrast, certified products undergo rigorous testing to ensure compliance with the highest standards of user health and safety, making them reliable and safe for use across various industries.

Download Sample Copy of This Report@ https://www.factmr.com/connectus/sample?flag=S&rep_id=7299

The demand for management system certification services is witnessing an uptick across sectors such as consumer electronics, aerospace, agriculture, and food commodities. Particularly, in the agricultural sector, there is a growing need for certification services to inspect seed and crop quality, encompassing various activities such as seed source verification, field inspections, genetic purity evaluations, and labeling.

Verification services play a pivotal role in ensuring the uniformity, completeness, and accuracy of goods throughout the product development lifecycle. Intertek, for instance, offers a range of services including document verification, production checks, inspections, and import/export verifications to ensure compliance with specified standards.

The growth in management system certification sales can be attributed to manufacturing enterprises' heightened focus on improving client retention. Quality-certified products not only enhance customer satisfaction but also reduce the risks and costs associated with product recalls. Businesses adhering to quality management system certification standards gain a competitive advantage and enhance their credibility and efficiency.

Top Key Players are SGS Group; DEKRA SE; Intertek Group Plc; Eurofins Scientific; Bureau Veritas; TUV Rheinland; Europfins Scientific; DNV GL; Holding Socotec; Drata Inc.; The British Standards Institutions.

Market Segmentations
By Certification Type : Product Certification, System Certification
By Service : Certification & Verification, Training & Business Assurance
By Application : Consumer Goods & Retail, Agriculture & Food, Construction & Infrastructure, Energy & Power, Industrial & Manufacturing, Medical & Life Sciences, Oil & Gas and Petroleum, Automotive, Aerospace, Marine, IT & Telecom

Looking for A customization report click here@ https://www.factmr.com/connectus/sample?flag=RC&rep_id=7299

Regional Analysis
According to an updated analysis by Fact.MR, a market research and competitive intelligence provider, East Asia is projected to hold a 25.8% share of global market revenue by the end of 2034. This growth is driven by the increased demand for management system certification services in countries like China, Japan, and South Korea, which host prominent manufacturers and OEMs of consumer goods, electronic products, and semiconductors.

By the end of 2034, it's anticipated that the United States will dominate the North American market, capturing a 45.6% share. This projection aligns with the recent surge in sustainability certifications, driven by growing demand for eco-friendly practices and products. The digitization of certification processes is further enhancing transparency and efficiency in the products offered, contributing to this market trend.

Competitive Landscape
Key players in the management system certification industry are implementing various strategies, including collaborations, new product launches, and partnerships, to enhance their market share and profitability.

For example:
In December 2020, SGS acquired RGIPL, a Singapore-based provider of geoengineering solutions for the infrastructure and construction sector. RGIPL offers solutions such as soil research, geotechnical engineering, and instrumentation and monitoring. SGS utilizes RGIPL's expertise to deliver safety, compliance, and quality services for construction and infrastructure projects.

Also in December 2020, Bureau Veritas introduced a comprehensive range of services for Electric Vehicle Charging Stations (EVCS), covering the entire lifecycle from design and construction to commission operations.

About Fact.MR:
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232 (D)
Sales Team: sales@factmr.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Demand for Management System Certification Market is Expected to Reach US$ 46.3 billion by 2034 here

News-ID: 3574208 • Views:

More Releases from Fact.MR

European Switch Mode Power Supply Transformers Market Outlook 2025-2035: Innovation, Growth, and Demand Trends
European Switch Mode Power Supply Transformers Market Outlook 2025-2035: Innovat …
The global switch-mode power supply transformers market is set to grow substantially in the next decade, fueled by expanding demand for energy-efficient power electronics, increasing deployment of renewable energy systems, and rapid growth in consumer electronics. The market is projected to expand from USD 1.8 billion in 2025 to approximately USD 3.2 billion by 2035, representing a compound annual growth rate (CAGR) of about 6.2%. Key Market Highlights 2025 Market Value: USD
Uk Soy Leghemoglobin Industry Outlook 2025-2035: Innovation, Growth, and Demand Trends
11-20-2025 | Food & Beverage
Fact.MR
Uk Soy Leghemoglobin Industry Outlook 2025-2035: Innovation, Growth, and Demand …
The soy leghemoglobin ingredient market in the United Kingdom is emerging as a strategic frontier in the alternative-protein space. While global projections estimate the soy leghemoglobin market to grow rapidly over the next decade, the UK industry is navigating a complex landscape shaped by regulatory constraints, consumer sentiment, and strong potential for future adoption. Key Market Dynamics in the UK Soy leghemoglobin is an iron-rich, heme-bearing protein produced via precision fermentation in
European Sciatica Treatment Market Outlook 2025-2035: Key Developments and Future Scope
11-20-2025 | Health & Medicine
Fact.MR
European Sciatica Treatment Market Outlook 2025-2035: Key Developments and Futur …
The global sciatica treatment market is poised for substantial growth over the next decade as populations age, sedentary lifestyles proliferate, and non-opioid pain management solutions gain traction. Market value is expected to climb from USD 5.6 billion in 2025 to approximately USD 11.8 billion by 2035, reflecting a compound annual growth rate (CAGR) of around 7.7%. Key Market Highlights 2025 Market Size: USD 5.6 billion 2035 Forecast Value: USD 11.8 billion Projected CAGR (2025-2035):
European Soy Sauce Market Outlook 2025-2035: Key Developments and Future Scope
11-20-2025 | Food & Beverage
Fact.MR
European Soy Sauce Market Outlook 2025-2035: Key Developments and Future Scope
The global soy sauce market is poised for substantial growth over the next decade, driven by escalating demand for savory umami condiments, the expansion of Asian cuisine globally, and an increased focus on healthier, blended soy sauce options. The market is forecast to grow from USD 59.1 billion in 2025 to approximately USD 93.0 billion by 2035, achieving a compound annual growth rate (CAGR) of 4.6%. Key Market Highlights 2025 Market Size:

All 5 Releases


More Releases for Certification

ISO Certification
CRMIT Solutions has announced that it has been awarded the ISO/IEC 27001:2013 certification, which will see further support of the company's digital transformation solutions, products and services business. Bangalore, KA (May 21, 2020)- CRMIT Solutions, a pioneer in digital transformation and Customer360 solutions, have been re-confirmed the ISO/IEC 27001:2013 certification after the company successfully developed and implemented an integrated strategy for information security management to protect information assets, such as customer,
IATA's CEIV-Pharma Certification or HSA's GDP Certification?
Players throughout the pharmaceutical supply chain are experiencing growing pressure to gain accreditation for handling the high-value, temperature-sensitive cargo, as having a certification becomes more commonplace, rather than an exceptional feat in the industry. There are currently 2 different measures of standards, one is IATA's CEIV-Pharma Certification and the other is HSA's GDP Certification. There are major players on both sides of the fence which hold – GDP-compliant certificates and CEIV-pharma certifications.
Supervising Certification
Product certification demonstrates compliance to a given standard and usually includes the right to apply a certification mark to the certified product. This assures retailers and consumers of its status. Given the importance of certification, it is important that the use of the certification mark is supervised. Why Is Product Certification Supervised? Product certification involves annual factory inspections as well as supervision to ensure that the high standards satisfied in achieving
Chartered Engineer Certification PSI Certification, CE Certification Services
Ravi Energie Inc. is a global service provider for technical verification, inspection and testing, with the necessary experience, expertise and accreditations to provide PSI Certification is to check shipment details such as price, quantity and quality of goods ordered overseas. Ravi Energie Inc. supports manufacturers of energy generation and distribution equipment with testing and certification solutions for access to global markets. These certification is required to safeguard national financial
Chartered Engineer Certification PSI Certification, CE Certification, Pre Shipme …
Ravi Energie Inc. is a global service provider for technical verification, inspection and testing, with the necessary experience, expertise and accreditations to provide PSI Certification. PSI Certification is to check shipment details such as price, quantity and quality of goods ordered overseas. Through PSI Certification, exporters and importers can assure that products meet quality standards, as well as agreed technical specifications and quantity specified in the contract. A PSI Agency assures
Pre-Shipment Inspection, Pre Shipment Certification, Certification, Pre Shipment …
Ravi energie Inc offers fast, expert product testing, inspection and certification solutions through our global network of accredited laboratories. Ravi energie Inc. supports manufacturers of energy generation and distribution equipment with testing and certification solutions for access to global markets. Whether you're engaged in fossil fuel or renewable energy development, Ravi Energie which is an ISO 9001 certified company Customs classification is verified for each imported item to allow Customs