Global Testing, Inspection And Certification Market, which accrued earnings worth 208.9 (USD Billion) in 2019 and projected to garner revenue of nearly 278.93 (USD Billion) by 2026, is slated to register a CAGR of nearly4.98 % over 2020-2026.
The global Testing, Inspection And Certification Market, which accrued earnings worth 208.9 (USD Billion) in 2019 and projected to garner revenue of nearly 278.93 (USD Billion) by 2026, is slated to register a CAGR of nearly4.98 % over 2020-2026. The report offers valuation and analysis of Testing, Inspection And Certification Market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Billion).
Introduction
There is a lucrative demand for testing, inspection, and certification services as it ensures that the manufactured products fulfill national & international laws pertaining to quality & safety. Furthermore, surge in the number of cyber-attacks across the globe has resulted in introduction of strict laws for testing, inspection, and certification for ensuring the safety & privacy of advanced systems. Humungous demand for testing, inspecting, and certifying solutions in organizations for enhancing the proficiency levels as well as raising profits will favorably impact the expansion of testing, inspection, and certification industry in the near future. Additionally, these services are outsourced to third parties in order to minimize product recalls along with enhancing efficiency of production activities and focus on key business.
Market Growth Dynamics
Massive outsourcing of testing, inspection, and certification services and need for meeting product standardization will propel the market growth in the years ahead. Apart from this, laws related to health, ecology, and quality are strictly enforced and this has raised the need for the testing, inspection, and certification solutions. This will expedite the rate of market growth in the years to come. Additionally, massive requirement of testing, inspection, and certification services across industrial and transport sectors will enlarge the scope of the industry over the upcoming years.
Furthermore, huge focus on risk prevention and growing awareness about the perceived risks pertaining to product or service quality will embellish the market size in the years ahead. With service industry dominating the global economy and contributing majorly towards the GDP of both the developed as well as developing countries, the testing, inspection, and certification industry growth is likely to accelerate over the years ahead.
Asia Pacific To Be Market Leader Over Forecast Timeframe
The expansion of the industry in the Asia Pacific during the assessment timespan is due to massive demand for the testing, inspection, and certification services in the nations like China and India. In addition to this, strict quality checks of products in food & beverages, wastewater treatment material, and logistics sectors will further embellish the expansion of the market in the region over the forecast timeline. Apart from this, key players are shifting their bases to countries like Indonesia, Vietnam, and Sri Lanka and this will catalyze the regional market growth in the years to come.
Key players profiled in the report include ALS Limited; Bureau Veritas SA; UL LLC; SGS Group; TÜV SÜD Group; Lloyd’s Register Group Limited; MISTRAS; Applus+; TÜV Rheinland Group; Intertek; DNV GL; Eurofins Scientific; TÜV NORD Group; and Element Materials Technology.
The global Testing, Inspection And Certification Market is segmented as follows:
By service:
By sourcing type:
By application:
By Region
List of Figures
1. Market research process
2. Market research methodology
3. Global Testing, Inspection And Certification Market , 2016–2026 (USD Billion)
4. Porter’s Five Forces Analysis
5. Global Testing, Inspection And Certification Market, By Service
6. Global Testing, Inspection And Certification Market, By Sourcing Type
7. Global Testing, Inspection And Certification Market, By Application
8. Global Testing, Inspection And Certification Market Share by Service ,2019 and 2026 (USD Billion)
9. Global Testing, Inspection And Certification Market By Inspection,2016–2026 (USD Billion)
10. Global Testing, Inspection And Certification Market By Testing ,2016–2026 (USD Billion)
11. Global Testing, Inspection And Certification Market By Certification,2016–2026 (USD Billion)
12. Global Testing, Inspection And Certification Market Share By Sourcing Type ,2019 and 2026 (USD Billion)
13. Global Testing, Inspection And Certification Market By In-House ,2016–2026 (USD Billion)
14. Global Testing, Inspection And Certification Market , By Outsourced, 2016–2026 (USD Billion)
15. Global Testing, Inspection And Certification Market Share by Application ,2019 and 2026 (USD Billion)
16. Global Testing, Inspection And Certification Market By Agriculture & Food,2016–2026 (USD Billion)
17. Global Testing, Inspection And Certification Market By Consumer Goods & Retail ,2016–2026 (USD Billion)
18. Global Testing, Inspection And Certification Market By Infrastructure,2016–2026 (USD Billion)
19. Global Testing, Inspection And Certification Market Share by Material ,2019 and 2026 (USD Billion)
20. Global Testing, Inspection And Certification Market By Chemicals,2016–2026 (USD Billion)
21. Global Testing, Inspection And Certification Market By Education ,2016–2026 (USD Billion)
22. Global Testing, Inspection And Certification Market By Energy & Power ,2016–2026 (USD Billion)
23. Global Testing, Inspection And Certification Market By Manufacturing ,2016–2026 (USD Billion)
24. Global Testing, Inspection And Certification Market By Government ,2016–2026 (USD Billion)
25. Global Testing, Inspection And Certification Market By Mining, ,2016–2026 (USD Billion)
26. Global Testing, Inspection And Certification Market By Healthcare ,2016–2026 (USD Billion)
27. Global Testing, Inspection And Certification Market By Public Sector ,2016–2026 (USD Billion)
28. Global Testing, Inspection And Certification Market By Oil & Gas And Petroleum ,2016–2026 (USD Billion)
29. Global Testing, Inspection And Certification Market By Aerospace & Defense ,2016–2026 (USD Billion)
30. Global Testing, Inspection And Certification Market By Automotive ,2016–2026 (USD Billion)
31. Global Testing, Inspection And Certification Market By Supply Chain & Logistics ,2016–2026 (USD Billion)
32. Global Testing, Inspection And Certification Market By Others ,2016–2026 (USD Billion)
33. Global Testing, Inspection And Certification Market Share, by Region, 2019 and 2026
34. North America Testing, Inspection And Certification Market , 2016–2026 (USD Billion)
35. Europe Testing, Inspection And Certification Market , 2016–2026 (USD Billion)
36. Asia Pacific Testing, Inspection And Certification Market , 2016–2026 (USD Billion)
37. Latin America Testing, Inspection And Certification Market , 2016–2026 (USD Billion)
38. The Middle East and Africa Testing, Inspection And Certification Market , 2016–2026 (USD Billion)
List of Tables
1. Global Testing, Inspection And Certification Market : snapshot
2. Drivers of the Testing, Inspection And Certification Market : impact analysis
3. North America Testing, Inspection And Certification Market revenue, By Service , 2016–2026 (USD Billion)
4. North America Testing, Inspection And Certification Market revenue, By Application, 2016–2026 (USD Billion)
5. North America Testing, Inspection And Certification Market revenue, By Sourcing Type , 2016–2026 (USD Billion)
6. The U.S. Testing, Inspection And Certification Market revenue, By Service , 2016–2026 (USD Billion)
7. The U.S. Testing, Inspection And Certification Market revenue, By Sourcing Type , 2016–2026 (USD Billion)
8. The U.S. Testing, Inspection And Certification Market revenue, By Application, 2016–2026 (USD Billion)
9. Rest of North America Testing, Inspection And Certification Market revenue, By Service , 2016–2026 (USD Billion)
10. Rest of North America Testing, Inspection And Certification Market revenue, By Sourcing Type , 2016–2026 (USD Billion)
11. Rest of North America Testing, Inspection And Certification Market revenue, By Application, 2016–2026 (USD Billion)
12. Europe Testing, Inspection And Certification Market revenue, By Service , 2016–2026 (USD Billion)
13. Europe Testing, Inspection And Certification Market revenue, By Sourcing Type , 2016–2026 (USD Billion)
14. Europe Testing, Inspection And Certification Market revenue, By Application, 2016–2026 (USD Billion)
15. UK Testing, Inspection And Certification Market revenue, By Service , 2016–2026 (USD Billion)
16. UK Testing, Inspection And Certification Market revenue, By Sourcing Type , 2016–2026 (USD Billion)
17. UK Testing, Inspection And Certification Market revenue, By Application, 2016–2026 (USD Billion)
18. France Testing, Inspection And Certification Market revenue, By Service , 2016–2026 (USD Billion)
19. France Testing, Inspection And Certification Market revenue, By Sourcing Type , 2016–2026 (USD Billion)
20. France Testing, Inspection And Certification Market revenue, By Application, 2016–2026 (USD Billion)
21. Germany Testing, Inspection And Certification Market revenue, By Service , 2016–2026 (USD Billion)
22. Germany Testing, Inspection And Certification Market revenue, By Sourcing Type , 2016–2026 (USD Billion)
23. Germany Testing, Inspection And Certification Market revenue, By Application, 2016–2026 (USD Billion)
24. Rest of Europe Testing, Inspection And Certification Market revenue, By Service , 2016–2026 (USD Billion)
25. Rest of Europe Testing, Inspection And Certification Market revenue, By Sourcing Type , 2016–2026 (USD Billion)
26. Rest of Europe Testing, Inspection And Certification Market revenue, By Application, 2016–2026 (USD Billion)
27. Asia Pacific Testing, Inspection And Certification Market revenue, By Service , 2016–2026 (USD Billion)
28. Asia Pacific Testing, Inspection And Certification Market revenue, By Sourcing Type , 2016–2026 (USD Billion)
29. Asia Pacific Testing, Inspection And Certification Market revenue, By Application, 2016–2026 (USD Billion)
30. China Testing, Inspection And Certification Market revenue, By Service , 2016–2026 (USD Billion)
31. China Testing, Inspection And Certification Market revenue, By Sourcing Type , 2016–2026 (USD Billion)
32. China Testing, Inspection And Certification Market revenue, By Application, 2016–2026 (USD Billion)
33. Japan Testing, Inspection And Certification Market revenue, By Service , 2016–2026 (USD Billion)
34. Japan Testing, Inspection And Certification Market revenue, By Sourcing Type , 2016–2026 (USD Billion)
35. Japan Testing, Inspection And Certification Market revenue, By Application, 2016–2026 (USD Billion)
36. India Testing, Inspection And Certification Market revenue, By Service , 2016–2026 (USD Billion)
37. India Testing, Inspection And Certification Market revenue, By Sourcing Type , 2016–2026 (USD Billion)
38. India Testing, Inspection And Certification Market revenue, By Application, 2016–2026 (USD Billion)
39. Rest of Asia Pacific Testing, Inspection And Certification Market revenue, By Service , 2016–2026 (USD Billion)
40. Rest of Asia Pacific Testing, Inspection And Certification Market revenue, By Sourcing Type , 2016–2026 (USD Billion)
41. Rest of Asia Pacific Testing, Inspection And Certification Market revenue, By Application, 2016–2026 (USD Billion)
42. Latin America Testing, Inspection And Certification Market revenue, By Service , 2016–2026 (USD Billion)
43. Latin America Testing, Inspection And Certification Market revenue, By Sourcing Type , 2016–2026 (USD Billion)
44. Latin America Testing, Inspection And Certification Market revenue, By Application, 2016–2026 (USD Billion)
45. Brazil Testing, Inspection And Certification Market revenue, By Service , 2016–2026 (USD Billion)
46. Brazil Testing, Inspection And Certification Market revenue, By Sourcing Type , 2016–2026 (USD Billion)
47. Brazil Testing, Inspection And Certification Market revenue, By Application, 2016–2026 (USD Billion)
48. Rest of Latin America Testing, Inspection And Certification Market revenue, By Service , 2016–2026 (USD Billion)
49. Rest of Latin America Testing, Inspection And Certification Market revenue, By Sourcing Type , 2016–2026 (USD Billion)
50. Rest of Latin America Testing, Inspection And Certification Market revenue, By Application, 2016–2026 (USD Billion)
51. The Middle East and Africa Testing, Inspection And Certification Market revenue, By Service , 2016–2026 (USD Billion)
52. The Middle East and Africa Testing, Inspection And Certification Market revenue, By Sourcing Type , 2016–2026 (USD Billion)
53. The Middle East and Africa Testing, Inspection And Certification Market revenue, By Application, 2016–2026 (USD Billion)
54. Saudi Arabia Testing, Inspection And Certification Market revenue, By Service , 2016–2026 (USD Billion)
55. Saudi Arabia Testing, Inspection And Certification Market revenue, By Sourcing Type , 2016–2026 (USD Billion)
56. Saudi Arabia Testing, Inspection And Certification Market revenue, By Application, 2016–2026 (USD Billion)
57. South Africa Testing, Inspection And Certification Market revenue, By Service , 2016–2026 (USD Billion)
58. South Africa Testing, Inspection And Certification Market revenue, By Sourcing Type , 2016–2026 (USD Billion)
59. South Africa Testing, Inspection And Certification Market revenue, By Application, 2016–2026 (USD Billion)
60. Rest of the Middle East & Africa Testing, Inspection And Certification Market revenue, By Service , 2016–2026 (USD Billion)
61. Rest of the Middle East & Africa Testing, Inspection And Certification Market revenue, By Sourcing Type , 2016–2026 (USD Billion)
62. Rest of the Middle East & Africa Testing, Inspection And Certification Market revenue, By Application, 2016–2026 (USD Billion)
Request the coronavirus impact analysis across industries and markets
Massive outsourcing of testing, inspection, and certification services and need for meeting product standardization will propel the market growth in the years ahead. Apart from this, laws related to health, ecology, and quality are strictly enforced and this has raised the need for the testing, inspection, and certification solutions. This will expedite the rate of market growth in the years to come. Additionally, massive requirement of testing, inspection, and certification services across industrial and transport sectors will enlarge the scope of the industry over the upcoming years.
According to Zion Market Research report, Testing, Inspection And Certification Market, which accrued earnings worth 208.9 (USD Billion) in 2019 and projected to garner revenue of nearly 278.93 (USD Billion) by 2026, is slated to register a CAGR of nearly 4.98 % over 2020-2026.
Asia Pacific is likely to make noteworthy contributions towards overall market revenue. The growth of the industry in the sub-continent over the estimated timespan is attributed to massive demand for the testing, inspection, and certification services in the nations like China and India. In addition to this, strict quality checks of products in food & beverages, wastewater treatment material, and logistics sectors will further embellish the expansion of the market in the region over the forecast timeline. Apart from this, key players are shifting their bases to countries like Indonesia, Vietnam, and Sri Lanka and this will catalyze the regional market growth in the years to come.
The key players profiled in the report include ALS Limited; Bureau Veritas SA; UL LLC; SGS Group; TÜV SÜD Group; Lloyd’s Register Group Limited; MISTRAS; Applus+; TÜV Rheinland Group; Intertek; DNV GL; Eurofins Scientific; TÜV NORD Group; and Element Materials Technology.
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