Global Testing, inspection, and certifications Market Report, published by Variant Market Research, forecast that the global market is expected to reach $92.2 billion by 2024 from $57.6 billion in 2016; growing at a CAGR of 6.1% from 2016 to 2024. By geography, Asia-Pacific and North America are expected to grow at a CAGR of 6% and 5.6%, respectively, during the forecast period.
"Testing, Inspection, and Certification Market (By Type: Testing, Inspection and Certification; By Application: Aerospace, Oil & Gas, Food & Beverages, Automotive, Defence, Textile, Medical Devices, Telecommunication, Automation, and Others; By Geography: North America, Europe, Asia-Pacific, and RoW) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024"
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Strict regulation towards health and environment safety, globalization, and increasing focus on outsourcing are the major factors driving the global testing, inspection and certifications market. However, lack of internationally accepted standards is expected to restrain the market growth in the coming years. Advancement in technology and immense potential for testing, inspection and certification in developing countries would provide several growth opportunities for the market in the coming years.
The global testing, inspection and certifications market has been segmented on the basis of type and application. By type the market is further segmented into testing, inspection and certification. By application, the global testing, inspection, and certifications market is segmented into oil & gas, aerospace, food & beverages, automotive, medical devices, defence, telecommunication, automation, textile, and others. By type, testing accounted for the largest market share in 2016 and is expected to dominate over the forecast period. Geographically, the market is categorised into North America, Europe, Asia-Pacific and Rest of the World (RoW).
Europe accounted for the largest market share of 32% in 2016, owing to stringent health regulations in the region. North America accounted for the second largest market share of 27.9%. In terms of growth, Asia-Pacific is to attain the fastest CAGR of 6% during the forecast period 2016-2024, owing to the blooming industrial sector and momentous rise in affluent consumers.
The major players in the market include Intertek Group PLC, AsureQuality Ltd., Dekra SE, Bureau Veritas SA, Underwriters Laboratories Inc, SGS Group, ALS Ltd., Lloyd's Register Group Limited, Element Materials Technology and ASTM International, among others.
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| Chapter 1 Prefix |
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| 1.1 Market Scope |
| 1.2 Report Description |
| 1.3 Research Methodology |
| 1.3.1 Primary Research |
| 1.3.2 Secondary Research |
| 1.3.3 In-house Data Modeling |
| Chapter 2 Executive Summary |
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| Chapter 3 Market Outline |
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| 3.1 Market Inclination, Trend, Outlook and Viewpoint |
| 3.2 Market Share Analysis: Company’s Competitive Scenario |
| 3.3 Value Chain Analysis |
| 3.4 Market Dynamics |
| 3.4.1 Drivers |
| 3.4.1.1 Impact Analysis |
| 3.4.2 Restraints |
| 3.4.2.1 Impact Analysis |
| 3.4.3 Opportunities |
| 3.5 Porter’s five forces analysis |
| 3.5.1 Factors Impact Analysis |
| Chapter 4 Testing, Inspection, and Certifications Market by Type: Market Size and Forecast, 2015 – 2024 |
|---|
| 4.1 Testing |
| 4.1.1 Current Trend and Analysis |
| 4.1.2 Market Size and Forecast |
| 4.2 Inspection |
| 4.2.1 Current Trend and Analysis |
| 4.2.2 Market Size and Forecast |
| 4.3 Certifications |
| 4.3.1 Current Trend and Analysis |
| 4.3.2 Market Size and Forecast |
| Chapter 5 Testing, Inspection, and Certifications Market by Application: Market Size and Forecast, 2015 – 2024 |
|---|
| 5.1 Food & Beverages |
| 5.1.1 Current Trend and Analysis |
| 5.1.2 Market Size and Forecast |
| 5.2 Oil & gas |
| 5.2.1 Current Trend and Analysis |
| 5.2.2 Market Size and Forecast |
| 5.3 Aerospace |
| 5.3.1 Current Trend and Analysis |
| 5.3.2 Market Size and Forecast |
| 5.4 Medical devices |
| 5.4.1 Current Trend and Analysis |
| 5.4.2 Market Size and Forecast |
| 5.5 Automotive |
| 5.5.1 Current Trend and Analysis |
| 5.5.2 Market Size and Forecast |
| 5.6 Textile |
| 5.6.1 Current Trend and Analysis |
| 5.6.2 Market Size and Forecast |
| 5.7 Defence |
| 5.7.1 Current Trend and Analysis |
| 5.7.2 Market Size and Forecast |
| 5.8 Telecommunication |
| 5.8.1 Current Trend and Analysis |
| 5.8.2 Market Size and Forecast |
| 5.9 Automation |
| 5.9.1 Current Trend and Analysis |
| 5.9.2 Market Size and Forecast |
| 5.10 Others |
| 5.10.1 Current Trend and Analysis |
| 5.10.2 Market Size and Forecast |
| Chapter 6. Testing, Inspection, and Certifications Market by Geography: Market Size and Forecast, 2015 – 2024 |
|---|
| 6.1 North America |
| 6.1.1 Current Trend and Analysis |
| 6.1.2 Market Size and Forecast |
| 6.1.3 US |
| 6.1.4 Canada |
| 6.1.5 Mexico |
| 6.2 Europe |
| 6.2.1 Current Trend and Analysis |
| 6.2.2 Market Size and Forecast |
| 6.2.3 Germany |
| 6.2.4 France |
| 6.2.5 United Kingdom |
| 6.2.6 Italy |
| 6.2.7 Others |
| 6.3 Asia-Pacific |
| 6.3.1 Current Trend and Analysis |
| 6.3.2 Market Size and Forecast |
| 6.3.3 China |
| 6.3.4 India |
| 6.3.5 Japan |
| 6.3.6 Others |
| 6.4 RoW |
| 6.4.1 Current Trend and Analysis |
| 6.4.2 Market Size and Forecast |
| 6.4.3 Middle East |
| 6.4.4 South America |
| 6.4.5 Africa |
| Chapter 7 Company Profiles |
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| 7.1 Intertek Group PLC |
| 7.2 ASTM International |
| 7.3 SGS Group |
| 7.4 ALS Ltd |
| 7.5 Bureau Veritas SA |
| 7.6 Dekra SE |
| 7.7 Underwriters Laboratories Inc. |
| 7.8 TUV Rheinland Group |
| 7.9 AsureQuality Ltd. |
| 7.10 TUV SUD AG |
| List of Figures |
|---|
| FIG. 1 MARKET SEGMENTATION: GLOBAL TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET |
| FIG. 2 MARKET SHARE ANALYSIS, 2016 (%) |
| FIG. 3 GLOBAL TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SHARE AND FORECAST, BY TYPE 2015 Vs 2024 (VALUE %) |
| FIG. 4 TESTING MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 5 INSPECTION MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 6 CERTIFICATION MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 7 GLOBAL TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SHARE AND FORECAST, BY APPLICATION 2015 Vs 2024 (VALUE %) 36 |
| FIG. 8 OIL & GAS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 9 TEXTILE MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 10 AEROSPACE MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 11 AUTOMOTIVE MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 12 FOOD & BEVERAGES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 13 DEFENCE MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 14 MEDICAL DEVICES MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 15 TELECOMMUNICATION MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 16 AUTOMATION MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 17 OTHERS MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 18 GLOBAL TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST BY GEOGRAPHY, 2015 Vs 2024 (REVENUE, CAGR %) |
| FIG. 19 NORTH AMERICA TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 20 NORTH AMERICA TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST BY COUNTRY, 2015 – 2024 ($ BILLION) |
| FIG. 21 U.S. TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 22 CANADA TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 23 MEXICO TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 24 EUROPE TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, 2015 – 2024 BY COUNTRY, ($ BILLION) |
| FIG. 25 U.K. TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 26 FRANCE TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 27 GERMANY TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 28 ITALY TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 29 OTHERS TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 30 ASIA-PACIFIC TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, 2015 – 2024 BY COUNTRY ($ BILLION) |
| FIG. 31 CHINA TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 32 INDIA TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 33 JAPAN TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 34 OTHERS TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 35 REST OF THE WORLD TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, 2015 – 2024 BY COUNTRY ($ BILLION) |
| FIG. 36 SOUTH AMERICA TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 37 MIDDLE EAST TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| FIG. 38 AFRICA TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, 2015 – 2024 ($ BILLION) |
| List of Tables |
|---|
| TABLE 1 GLOBAL TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SNAPSHOT |
| TABLE 2 GLOBAL TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, BY REGION, 2015 – 2024 ($ BILLION) |
| TABLE 3 DRIVER OF THE GLOBAL TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET : IMPACT ANALYSIS |
| TABLE 4 RESTRAINTS OF THE GLOBAL TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET : IMPACT ANALYSIS |
| TABLE 5 TESTING MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION) |
| TABLE 6 INSPECTION MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION) |
| TABLE 7 CERTIFICATION MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION) |
| TABLE 8 OIL & GAS MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION) |
| TABLE 9 TEXTILE MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION) |
| TABLE 10 AEROSPACE MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION) |
| TABLE 11 AUTOMOTIVE MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION) |
| TABLE 12 FOOD & BEVERAGES MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION) |
| TABLE 13 DEFENCE MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION) |
| TABLE 14 MEDICAL DEVICES MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION) |
| TABLE 15 TELECOMMUNICATION MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION) |
| TABLE 16 AUTOMATION MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION) |
| TABLE 17 OTHERS MARKET SIZE AND FORECAST, BY REGIONS, 2015 – 2024 ($ BILLION) |
| TABLE 18 NORTH AMERICA TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, BY TYPE, 2015 – 2024 ($ BILLION) |
| TABLE 19 NORTH AMERICA TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, BY APPLICATION, 2015 – 2024 ($ BILLION) |
| TABLE 20 EUROPE TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, BY TYPE, 2015 – 2024 ($ BILLION) |
| TABLE 21 EUROPE TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, BY APPLICATION, 2015 – 2024 ($ BILLION) |
| TABLE 22 ASIA-PACIFIC TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, BY TYPE, 2015 – 2024 ($ BILLION) |
| TABLE 23 ASIA-PACIFIC TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, BY APPLICATION, 2015 – 2024 ($ BILLION) |
| TABLE 24 REST OF THE WORLD TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, BY TYPE, 2015 – 2024 ($ BILLION) |
| TABLE 25 REST OF THE WORLD TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET SIZE AND FORECAST, BY APPLICATION, 2015 – 2024 ($ BILLION) |
| TABLE 26 SGS GROUP: COMPANY SNAPSHOT |
| TABLE 27 INTERTEK GROUP PLC:COMPANY SNAPSHOT |
| TABLE 28 INTERTEK GROUP PLC: OPERATING SEGMENTS |
| TABLE 29 UNDERWRITERS LABORATORIES INC.: COMPANY SNAPSHOT |
| TABLE 30 UNDERWRITERS LABORATORIES INC.: OPERATING SEGMENTS |
| TABLE 31 ALS LTD: COMPANY SNAPSHOT |
| TABLE 32 ALS LTD: OPERATING SEGMENTS |
| TABLE 33 BUREAU VERITAS SA: COMPANY SNAPSHOT |
| TABLE 34 BUREAU VERITAS SA: OPERATING SEGMENTS |
| TABLE 35 DEKRA SE: COMPANY SNAPSHOT |
| TABLE 36 DEKRA SE: OPERATING SEGMENTS |
| TABLE 37 UNDERWRITERS LABORATORIES INC.: COMPANY SNAPSHOT |
| TABLE 38 UNDERWRITERS LABORATORIES INC.: OPERATING SEGMENTS |
| TABLE 39 ASUREQUALITY LTD.: COMPANY SNAPSHOT |
| TABLE 40 ASUREQUALITY LTD.: OPERATING SEGMENTS |
| TABLE 41 TUV RHEINLAND GROUP: COMPANY SNAPSHOT |
| TABLE 42 TUV RHEINLAND GROUP: OPERATING SEGMENTS |
| TABLE 43 TUV SUD AG: COMPANY SNAPSHOT |
| TABLE 44 TUV SUD AG: OPERATING SEGMENTS |
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