Abstract
Summary
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 company’s products and services.
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.
LPI (LP Information)' newest research report, the “Testing, Inspection, and Certification Industry Forecast” looks at past sales and reviews total world Testing, Inspection, and Certification sales in 2022, providing a comprehensive analysis by region and market sector of projected Testing, Inspection, and Certification sales for 2023 through 2029. With Testing, Inspection, and Certification sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Testing, Inspection, and Certification industry.
This Insight Report provides a comprehensive analysis of the global Testing, Inspection, and Certification landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Testing, Inspection, and Certification portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Testing, Inspection, and Certification market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Testing, Inspection, and Certification and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Testing, Inspection, and Certification.
The global Testing, Inspection, and Certification market size is projected to grow from US$ 109860 million in 2022 to US$ 140120 million in 2029; it is expected to grow at a CAGR of 3.5% from 2023 to 2029.
The global Testing, Inspection and Certification (TIC) key players include SGS, Bureau Veritas, Eurofins Scientific, Intertek, Dekra, TUV SUD, TÜV Rheinland, Applus, DNV GL and ALS Global, etc. Global top five players hold a share about 26%.
This report presents a comprehensive overview, market shares, and growth opportunities of Testing, Inspection, and Certification market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Testing
Inspection
Certification
Segmentation by application
Food & Beverages
Automotive
Oil & gas
Aerospace
Textile
Telecommunication
Automation
Medical Devices
Defence
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Intertek Group
AsureQuality
Dekra
Bureau Veritas
Underwriters Laboratories
SGS Group
ALS
Lloyd's Register Group
Element Materials Technology
ASTM International
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.
LPI (LP Information)' newest research report, the “Testing, Inspection, and Certification Industry Forecast” looks at past sales and reviews total world Testing, Inspection, and Certification sales in 2022, providing a comprehensive analysis by region and market sector of projected Testing, Inspection, and Certification sales for 2023 through 2029. With Testing, Inspection, and Certification sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Testing, Inspection, and Certification industry.
This Insight Report provides a comprehensive analysis of the global Testing, Inspection, and Certification landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Testing, Inspection, and Certification portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Testing, Inspection, and Certification market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Testing, Inspection, and Certification and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Testing, Inspection, and Certification.
The global Testing, Inspection, and Certification market size is projected to grow from US$ 109860 million in 2022 to US$ 140120 million in 2029; it is expected to grow at a CAGR of 3.5% from 2023 to 2029.
The global Testing, Inspection and Certification (TIC) key players include SGS, Bureau Veritas, Eurofins Scientific, Intertek, Dekra, TUV SUD, TÜV Rheinland, Applus, DNV GL and ALS Global, etc. Global top five players hold a share about 26%.
This report presents a comprehensive overview, market shares, and growth opportunities of Testing, Inspection, and Certification market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Testing
Inspection
Certification
Segmentation by application
Food & Beverages
Automotive
Oil & gas
Aerospace
Textile
Telecommunication
Automation
Medical Devices
Defence
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Intertek Group
AsureQuality
Dekra
Bureau Veritas
Underwriters Laboratories
SGS Group
ALS
Lloyd's Register Group
Element Materials Technology
ASTM International
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Testing, Inspection, and Certification Market Size 2018-2029
2.1.2 Testing, Inspection, and Certification Market Size CAGR by Region 2018 VS 2022 VS 2029
2.2 Testing, Inspection, and Certification Segment by Type
2.2.1 Testing
2.2.2 Inspection
2.2.3 Certification
2.3 Testing, Inspection, and Certification Market Size by Type
2.3.1 Testing, Inspection, and Certification Market Size CAGR by Type (2018 VS 2022 VS 2029)
2.3.2 Global Testing, Inspection, and Certification Market Size Market Share by Type (2018-2023)
2.4 Testing, Inspection, and Certification Segment by Application
2.4.1 Food & Beverages
2.4.2 Automotive
2.4.3 Oil & gas
2.4.4 Aerospace
2.4.5 Textile
2.4.6 Telecommunication
2.4.7 Automation
2.4.8 Medical Devices
2.4.9 Defence
2.5 Testing, Inspection, and Certification Market Size by Application
2.5.1 Testing, Inspection, and Certification Market Size CAGR by Application (2018 VS 2022 VS 2029)
2.5.2 Global Testing, Inspection, and Certification Market Size Market Share by Application (2018-2023)
3 Testing, Inspection, and Certification Market Size by Player
3.1 Testing, Inspection, and Certification Market Size Market Share by Players
3.1.1 Global Testing, Inspection, and Certification Revenue by Players (2018-2023)
3.1.2 Global Testing, Inspection, and Certification Revenue Market Share by Players (2018-2023)
3.2 Global Testing, Inspection, and Certification Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Testing, Inspection, and Certification by Regions
4.1 Testing, Inspection, and Certification Market Size by Regions (2018-2023)
4.2 Americas Testing, Inspection, and Certification Market Size Growth (2018-2023)
4.3 APAC Testing, Inspection, and Certification Market Size Growth (2018-2023)
4.4 Europe Testing, Inspection, and Certification Market Size Growth (2018-2023)
4.5 Middle East & Africa Testing, Inspection, and Certification Market Size Growth (2018-2023)
5 Americas
5.1 Americas Testing, Inspection, and Certification Market Size by Country (2018-2023)
5.2 Americas Testing, Inspection, and Certification Market Size by Type (2018-2023)
5.3 Americas Testing, Inspection, and Certification Market Size by Application (2018-2023)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Testing, Inspection, and Certification Market Size by Region (2018-2023)
6.2 APAC Testing, Inspection, and Certification Market Size by Type (2018-2023)
6.3 APAC Testing, Inspection, and Certification Market Size by Application (2018-2023)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Testing, Inspection, and Certification by Country (2018-2023)
7.2 Europe Testing, Inspection, and Certification Market Size by Type (2018-2023)
7.3 Europe Testing, Inspection, and Certification Market Size by Application (2018-2023)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Testing, Inspection, and Certification by Region (2018-2023)
8.2 Middle East & Africa Testing, Inspection, and Certification Market Size by Type (2018-2023)
8.3 Middle East & Africa Testing, Inspection, and Certification Market Size by Application (2018-2023)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Testing, Inspection, and Certification Market Forecast
10.1 Global Testing, Inspection, and Certification Forecast by Regions (2024-2029)
10.1.1 Global Testing, Inspection, and Certification Forecast by Regions (2024-2029)
10.1.2 Americas Testing, Inspection, and Certification Forecast
10.1.3 APAC Testing, Inspection, and Certification Forecast
10.1.4 Europe Testing, Inspection, and Certification Forecast
10.1.5 Middle East & Africa Testing, Inspection, and Certification Forecast
10.2 Americas Testing, Inspection, and Certification Forecast by Country (2024-2029)
10.2.1 United States Testing, Inspection, and Certification Market Forecast
10.2.2 Canada Testing, Inspection, and Certification Market Forecast
10.2.3 Mexico Testing, Inspection, and Certification Market Forecast
10.2.4 Brazil Testing, Inspection, and Certification Market Forecast
10.3 APAC Testing, Inspection, and Certification Forecast by Region (2024-2029)
10.3.1 China Testing, Inspection, and Certification Market Forecast
10.3.2 Japan Testing, Inspection, and Certification Market Forecast
10.3.3 Korea Testing, Inspection, and Certification Market Forecast
10.3.4 Southeast Asia Testing, Inspection, and Certification Market Forecast
10.3.5 India Testing, Inspection, and Certification Market Forecast
10.3.6 Australia Testing, Inspection, and Certification Market Forecast
10.4 Europe Testing, Inspection, and Certification Forecast by Country (2024-2029)
10.4.1 Germany Testing, Inspection, and Certification Market Forecast
10.4.2 France Testing, Inspection, and Certification Market Forecast
10.4.3 UK Testing, Inspection, and Certification Market Forecast
10.4.4 Italy Testing, Inspection, and Certification Market Forecast
10.4.5 Russia Testing, Inspection, and Certification Market Forecast
10.5 Middle East & Africa Testing, Inspection, and Certification Forecast by Region (2024-2029)
10.5.1 Egypt Testing, Inspection, and Certification Market Forecast
10.5.2 South Africa Testing, Inspection, and Certification Market Forecast
10.5.3 Israel Testing, Inspection, and Certification Market Forecast
10.5.4 Turkey Testing, Inspection, and Certification Market Forecast
10.5.5 GCC Countries Testing, Inspection, and Certification Market Forecast
10.6 Global Testing, Inspection, and Certification Forecast by Type (2024-2029)
10.7 Global Testing, Inspection, and Certification Forecast by Application (2024-2029)
11 Key Players Analysis
11.1 Intertek Group
11.1.1 Intertek Group Company Information
11.1.2 Intertek Group Testing, Inspection, and Certification Product Offered
11.1.3 Intertek Group Testing, Inspection, and Certification Revenue, Gross Margin and Market Share (2018-2023)
11.1.4 Intertek Group Main Business Overview
11.1.5 Intertek Group Latest Developments
11.2 AsureQuality
11.2.1 AsureQuality Company Information
11.2.2 AsureQuality Testing, Inspection, and Certification Product Offered
11.2.3 AsureQuality Testing, Inspection, and Certification Revenue, Gross Margin and Market Share (2018-2023)
11.2.4 AsureQuality Main Business Overview
11.2.5 AsureQuality Latest Developments
11.3 Dekra
11.3.1 Dekra Company Information
11.3.2 Dekra Testing, Inspection, and Certification Product Offered
11.3.3 Dekra Testing, Inspection, and Certification Revenue, Gross Margin and Market Share (2018-2023)
11.3.4 Dekra Main Business Overview
11.3.5 Dekra Latest Developments
11.4 Bureau Veritas
11.4.1 Bureau Veritas Company Information
11.4.2 Bureau Veritas Testing, Inspection, and Certification Product Offered
11.4.3 Bureau Veritas Testing, Inspection, and Certification Revenue, Gross Margin and Market Share (2018-2023)
11.4.4 Bureau Veritas Main Business Overview
11.4.5 Bureau Veritas Latest Developments
11.5 Underwriters Laboratories
11.5.1 Underwriters Laboratories Company Information
11.5.2 Underwriters Laboratories Testing, Inspection, and Certification Product Offered
11.5.3 Underwriters Laboratories Testing, Inspection, and Certification Revenue, Gross Margin and Market Share (2018-2023)
11.5.4 Underwriters Laboratories Main Business Overview
11.5.5 Underwriters Laboratories Latest Developments
11.6 SGS Group
11.6.1 SGS Group Company Information
11.6.2 SGS Group Testing, Inspection, and Certification Product Offered
11.6.3 SGS Group Testing, Inspection, and Certification Revenue, Gross Margin and Market Share (2018-2023)
11.6.4 SGS Group Main Business Overview
11.6.5 SGS Group Latest Developments
11.7 ALS
11.7.1 ALS Company Information
11.7.2 ALS Testing, Inspection, and Certification Product Offered
11.7.3 ALS Testing, Inspection, and Certification Revenue, Gross Margin and Market Share (2018-2023)
11.7.4 ALS Main Business Overview
11.7.5 ALS Latest Developments
11.8 Lloyd's Register Group
11.8.1 Lloyd's Register Group Company Information
11.8.2 Lloyd's Register Group Testing, Inspection, and Certification Product Offered
11.8.3 Lloyd's Register Group Testing, Inspection, and Certification Revenue, Gross Margin and Market Share (2018-2023)
11.8.4 Lloyd's Register Group Main Business Overview
11.8.5 Lloyd's Register Group Latest Developments
11.9 Element Materials Technology
11.9.1 Element Materials Technology Company Information
11.9.2 Element Materials Technology Testing, Inspection, and Certification Product Offered
11.9.3 Element Materials Technology Testing, Inspection, and Certification Revenue, Gross Margin and Market Share (2018-2023)
11.9.4 Element Materials Technology Main Business Overview
11.9.5 Element Materials Technology Latest Developments
11.10 ASTM International
11.10.1 ASTM International Company Information
11.10.2 ASTM International Testing, Inspection, and Certification Product Offered
11.10.3 ASTM International Testing, Inspection, and Certification Revenue, Gross Margin and Market Share (2018-2023)
11.10.4 ASTM International Main Business Overview
11.10.5 ASTM International Latest Developments
12 Research Findings and Conclusion