The Global Testing, Inspection and Certification Market is expected to grow from USD 192.44 billion in 2018 to USD 311.36 billion by 2026 at a CAGR of 5.07% during the forecast period from 2018-2026.
Global Testing, Inspection and Certification Market is expected to reach USD 311.36 billion by 2026, at a CAGR of 5.07% from 2018 to 2026. The growth of this market is being accelerated by the increase in disposable income and rapid urbanization in developing economies and high adoption of outsourcing service models by worldwide manufacturers drives the demand for inspection and certification market during the projected period. Additionally, high growth in product recalls across the globe and increased requirement for harmonized standards also propels the demand for testing,inspection and certification market during the projected period.
Market Overview:
As consumers are getting aware of the importance of certified products, manufacturers are certifying their products and services to achieve the trust of customers. Additionally, the governments of different countries from developing economies such as India, China, and Japan are encouraging investments to boost the technology, which would lead to the increased use of independent testing and certification services. Moreover, investments into new technologies are in pipeline and are likely to continue growing on the back of the rising global market which emerge as a strong opportunity in the coming years.
The major key Vendors includes in the testing, inspection and certification Market are SGS Group, Bureau Veritas S.A., Intertek Group PLC, TUV SUD Group, Dekra Certification GmbH, ALS Limited, ASTM International, BSI Group, Exova Group PLC, TUV Rheinland A.G., TUV Nord Group, SAI Global Limited, Eurofins Scientific, Mistras Group,Inc.
Report Description:
- The base year for the study has been considered 2018, historic year 2015, 2016, and 2017, the forecast period considered is from 2019 to 2026
- The study delivers a comprehensive analysis of global testing, inspection and certification market by service, sourcing type, application and region
- The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026
- Porter’s Five Forces model is used in order to recognize the competitive scenario in the global testing, inspection and certification market. This report incorporates the industry analysis which is focused on providing an extensive view of the testing, inspection and certification market
- The study also includes attractiveness analysis of sensor, component, solution, and application, and region which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market
- The report provides company profile of the key players operating in the testing, inspection and certification market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
- The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.
1 Industry Overview of Testing, Inspection and Certification
- 1.1 Testing, Inspection and Certification Market Overview
- 1.1.1 Testing, Inspection and Certification Product Scope
- 1.1.2 Market Status and Outlook
- 1.2 Global Testing, Inspection and Certification Market Size and Analysis by Regions (2013-2018)
- 1.2.1 United States
- 1.2.2 Europe
- 1.2.3 China
- 1.2.4 Japan
- 1.2.5 Southeast Asia
- 1.2.6 India
- 1.3 Testing, Inspection and Certification Market by Type
- 1.3.1 In-House
- 1.3.2 Outsourced
- 1.4 Testing, Inspection and Certification Market by End Users/Application
- 1.4.1 Consumer Product
- 1.4.2 Commodities
- 1.4.3 Industry
- 1.4.4 LFE
- 1.4.5 Other
2 Global Testing, Inspection and Certification Competition Analysis by Players
- 2.1 Testing, Inspection and Certification Market Size (Value) by Players (2013-2018)
- 2.2 Competitive Status and Trend
- 2.2.1 Market Concentration Rate
- 2.2.2 Product/Service Differences
- 2.2.3 New Entrants
- 2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
- 3.1 SGS Group
- 3.1.1 Company Profile
- 3.1.2 Main Business/Business Overview
- 3.1.3 Products, Services and Solutions
- 3.1.4 Testing, Inspection and Certification Revenue (Million USD) (2013-2018)
- 3.2 Bureau Veritas
- 3.2.1 Company Profile
- 3.2.2 Main Business/Business Overview
- 3.2.3 Products, Services and Solutions
- 3.2.4 Testing, Inspection and Certification Revenue (Million USD) (2013-2018)
- 3.3 Dekra Certification
- 3.3.1 Company Profile
- 3.3.2 Main Business/Business Overview
- 3.3.3 Products, Services and Solutions
- 3.3.4 Testing, Inspection and Certification Revenue (Million USD) (2013-2018)
- 3.4 Intertek
- 3.4.1 Company Profile
- 3.4.2 Main Business/Business Overview
- 3.4.3 Products, Services and Solutions
- 3.4.4 Testing, Inspection and Certification Revenue (Million USD) (2013-2018)
- 3.5 TUV SUD
- 3.5.1 Company Profile
- 3.5.2 Main Business/Business Overview
- 3.5.3 Products, Services and Solutions
- 3.5.4 Testing, Inspection and Certification Revenue (Million USD) (2013-2018)
- 3.6 Eurofins Scientific
- 3.6.1 Company Profile
- 3.6.2 Main Business/Business Overview
- 3.6.3 Products, Services and Solutions
- 3.6.4 Testing, Inspection and Certification Revenue (Million USD) (2013-2018)
- 3.7 DNV
- 3.7.1 Company Profile
- 3.7.2 Main Business/Business Overview
- 3.7.3 Products, Services and Solutions
- 3.7.4 Testing, Inspection and Certification Revenue (Million USD) (2013-2018)
- 3.8 TUV Rheinland
- 3.8.1 Company Profile
- 3.8.2 Main Business/Business Overview
- 3.8.3 Products, Services and Solutions
- 3.8.4 Testing, Inspection and Certification Revenue (Million USD) (2013-2018)
- 3.9 UL LLC
- 3.9.1 Company Profile
- 3.9.2 Main Business/Business Overview
- 3.9.3 Products, Services and Solutions
- 3.9.4 Testing, Inspection and Certification Revenue (Million USD) (2013-2018)
- 3.10 ALS Limited
- 3.10.1 Company Profile
- 3.10.2 Main Business/Business Overview
- 3.10.3 Products, Services and Solutions
- 3.10.4 Testing, Inspection and Certification Revenue (Million USD) (2013-2018)
- 3.11 TUV Nord Group
- 3.12 Mistras Group
- 3.13 SAI Global
- 3.14 BSI Group
- 3.15 Exova Group
4 Global Testing, Inspection and Certification Market Size by Type and Application (2013-2018)
- 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)
- 4.3 Potential Application of Testing, Inspection and Certification in Future
- 4.4 Top Consumer/End Users of Testing, Inspection and Certification
5 United States Testing, Inspection and Certification Development Status and Outlook
- 5.1 United States Testing, Inspection and Certification Market Size (2013-2018)
- 5.2 United States Testing, Inspection and Certification Market Size and Market Share by Players (2013-2018)
- 5.3 United States Testing, Inspection and Certification Market Size by Application (2013-2018)
6 Europe Testing, Inspection and Certification Development Status and Outlook
- 6.1 Europe Testing, Inspection and Certification Market Size (2013-2018)
- 6.2 Europe Testing, Inspection and Certification Market Size and Market Share by Players (2013-2018)
- 6.3 Europe Testing, Inspection and Certification Market Size by Application (2013-2018)
7 China Testing, Inspection and Certification Development Status and Outlook
- 7.1 China Testing, Inspection and Certification Market Size (2013-2018)
- 7.2 China Testing, Inspection and Certification Market Size and Market Share by Players (2013-2018)
- 7.3 China Testing, Inspection and Certification Market Size by Application (2013-2018)
8 Japan Testing, Inspection and Certification Development Status and Outlook
- 8.1 Japan Testing, Inspection and Certification Market Size (2013-2018)
- 8.2 Japan Testing, Inspection and Certification Market Size and Market Share by Players (2013-2018)
- 8.3 Japan Testing, Inspection and Certification Market Size by Application (2013-2018)
9 Southeast Asia Testing, Inspection and Certification Development Status and Outlook
- 9.1 Southeast Asia Testing, Inspection and Certification Market Size (2013-2018)
- 9.2 Southeast Asia Testing, Inspection and Certification Market Size and Market Share by Players (2013-2018)
- 9.3 Southeast Asia Testing, Inspection and Certification Market Size by Application (2013-2018)
10 India Testing, Inspection and Certification Development Status and Outlook
- 10.1 India Testing, Inspection and Certification Market Size (2013-2018)
- 10.2 India Testing, Inspection and Certification Market Size and Market Share by Players (2013-2018)
- 10.3 India Testing, Inspection and Certification Market Size by Application (2013-2018)
11 Market Forecast by Regions, Type and Application (2018-2025)
- 11.1 Global Testing, Inspection and Certification Market Size (Value) by Regions (2018-2025)
- 11.1.1 United States Testing, Inspection and Certification Revenue and Growth Rate (2018-2025)
- 11.1.2 Europe Testing, Inspection and Certification Revenue and Growth Rate (2018-2025)
- 11.1.3 China Testing, Inspection and Certification Revenue and Growth Rate (2018-2025)
- 11.1.4 Japan Testing, Inspection and Certification Revenue and Growth Rate (2018-2025)
- 11.1.5 Southeast Asia Testing, Inspection and Certification Revenue and Growth Rate (2018-2025)
- 11.1.6 India Testing, Inspection and Certification Revenue and Growth Rate (2018-2025)
- 11.2 Global Testing, Inspection and Certification Market Size (Value) by Type (2018-2025)
- 11.3 Global Testing, Inspection and Certification Market Size by Application (2018-2025)
12 Testing, Inspection and Certification Market Dynamics
- 12.1 Testing, Inspection and Certification Market Opportunities
- 12.2 Testing, Inspection and Certification Challenge and Risk
- 12.2.1 Competition from Opponents
- 12.2.2 Downside Risks of Economy
- 12.3 Testing, Inspection and Certification Market Constraints and Threat
- 12.3.1 Threat from Substitute
- 12.3.2 Government Policy
- 12.3.3 Technology Risks
- 12.4 Testing, Inspection and Certification Market Driving Force
- 12.4.1 Growing Demand from Emerging Markets
- 12.4.2 Potential Application
13 Market Effect Factors Analysis
- 13.1 Technology Progress/Risk
- 13.1.1 Substitutes
- 13.1.2 Technology Progress in Related Industry
- 13.2 Consumer Needs Trend/Customer Preference
- 13.3 External Environmental Change
- 13.3.1 Economic Fluctuations
- 13.3.2 Other Risk Factors
14 Research Finding/Conclusion
15 Appendix
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
