Global Testing, Inspection, Certification Market Size, Share, Analysis & Forecast 2025

1
Global Testing, Inspection, Certification Market

• Size 2017 by Type (Testing, Inspection,
  Certification), by Source (In-house, Outsourced)
  by Application (Consumer Goods, Food
  Agriculture, Oil Gas, Construction, Chemicals,
  Mining, Machinery, Transportation, Automotive,
  Power Generation, Government Services, Marine,
  Healthcare, Others (Finance, Process, etc.), by
  Region and Forecast 2018 to 2025

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2
Testing, Inspection, Certification Market Size,
Status and Forecast 2018-2025

• Adroit Market Research proposed a study named,
  Global Testing, Inspection And Certification
  Market Size 2017 by Type (Testing, Inspection,
  Certification), by Source (In-house, Outsourced
  ), by Application (Consumer Goods, Food
  Agriculture, Oil Gas, Construction, Chemicals,
  Mining, Machinery, Transportation, Automotive,
  Power Generation, Government Services, Marine,
  Healthcare, Others (Finance, Process, etc.), by
  Region and Forecast 2018 to 2025. The global
  testing, inspection, and certification market
  size are estimated based on the ongoing trend and
  demand patterns across the globe. Providers of
  testing, inspection, and certification have
  varying service lines depending on consumer
  requirements. The report also provides the
  various key strategies adopted by the leading
  players as they mainly target market giants in
  the developed and developing economies. The
  global testing, inspection, and certification
  market report comprises qualitative insights of
  the market with challenges, drivers and value
  chain analysis. The value chain analysis has been
  evaluated in detail with all the key stages.
• The global testing, inspection, and certification
  (TIC) market size is predicted to reach USD
  266.70 billion in 2025, exhibiting a significant
  CAGR exceeding 5, owing to the strong growth of
  evolving supremacy by technology alliances.
  Increasing outsourcing of these services and
  expanding requirements of standard regulations
  are some of the key growth factors of this
  industry. Regulations relating to health, quality
  and environment safety have become rigorous over
  the past few years which is driving the overall
  demand for the global testing, inspection, and
  certification industry. Also, end users that are
  seeking third-party guarantee, enhanced risk
  awareness, as well as the emphasis on risk
  prevention, are the key aspects which are
  anticipated to bolster the demand for testing,
  inspection and certification services worldwide.

3
Testing, Inspection, Certification Market Size,
Status and Forecast 2018-2025

• The global testing, inspection and certification
  industry is mainly driven by the increase in the
  shift towards technology and improved efficiency.
  This is leading to the growing demand for
  business process improvisations and consumer
  needs or preferences change. Testing, inspection
  and certification services can be applied to any
  product, service, or company. It also offers
  several benefits to public authorities,
  industries, and consumers by shielding citizens
  from hazardous products to decreasing compliance
  costs for small medium enterprises (SMEs), to
  improving brand status and increasing the trust
  of consumers into a product. Additionally, the
  rapid increase in inter-country trade as a result
  of speedy globalization has also influenced the
  market growth in a positive manner.
• The inspection segment made up for a total share
  of 27.4 in 2017 followed by the certification
  segment. The testing segment dominated the global
  market generating revenues of more than USD 115
  billion owing to rapid technology advancement in
  this category. Digital technologies are conveying
  foremost changes to the global testing,
  inspection, and certification industry with new
  players leading the charge.
• Earlier, the global testing, inspection, and
  certification market was prejudiced by a
  multifaceted political landscape. The victory of
  Trump in the US elections suggested a shift
  towards protectionism in the country and the
  growth of anti-regulation sentiment. This led to
  a rapid change in the adoption pattern of these
  services among the consumers. Based on the
  different applications, the consumer goods
  segment generated the highest revenues of USD
  23.79 billion in 2017 and is expected to register
  a significant growth of nearly 5.5 between 2018
  and 2025. Increasing consumer spending, rising
  demand for good quality consumer products,
  growing awareness among consumers regarding the
  use of certified products as well as increasing
  number of players in the FMCG industry are
  driving the growth of this segment.
• Browse the complete report on _at_
  https//adroitmarketresearch.com/industry-reports/
  testing-inspection-certification-market

4
Testing, Inspection, Certification
Market Size, Status and Forecast 2018-2025

• Europe dominated the market generating revenues
  of USD 64.25 billion in 2017, followed by
  Asia-Pacific which accounted for 28.9 of the
  global testing, inspection, and certification
  market share. Standards and regulations are also
  different for distinct industries. In this case,
  the lack of internationally accepted standards
  hinders market growth. This makes the global
  testing, inspection, and certification market
  intensely differentiated.
• Likewise, there is a great number of new entrants
  in the smart world and, thus, there is a
  virtually unlimited number of opportunities for
  the testing, inspection and certification
  industry. Emerging countries hold enormous
  potential for the improvement of the testing,
  inspection, and certification market. The total
  number of goods being traded from emerging
  nations to the developed ones has drastically
  increased in recent years. Also, there has been
  an increasing emphasis by western companies to
  manage and control the overall value chain.
  Moreover, the rapid expansion of the middle-class
  population, especially in Asian countries, has
  led to increased health awareness among people.
  Furthermore, the demand for energy, water, and
  consumer goods is rising in regards to the
  improvements in the global economic situation.
• Bureau Veritas, SGS Group, Intertek, Dekra
  Certification, Eurofins Scientific, TUV SUD, TUV
  Rheinland, DNV GL, ALS Limited, UL LLC, SAI
  Global, Mistras Group, Exova Group, and BSI Group
  are the leading players present within the global
  testing, inspection and certification market.
• Purchase a single user copy of the global
  Market report_at_ https//adroitmarketresearch.com/re
  searchreport/purchase/820

5
Testing, Inspection, Certification
Market Size, Status and Forecast 2018-2025

• Key segments of global testing, inspection and
  certification market
• Type Overview, 2015-2025 (USD Billion)
• Testing
• Inspection
• Certification
• Source Overview, 2015-2025 (USD Billion)
• In-house
• Outsourced

6
Testing, Inspection, Certification Market Size,
Status and Forecast 2018-2025

• Application Overview, 2015-2025 (USD Billion)
• Consumer Goods
• Food Agriculture
• Oil Gas
• Construction
• Chemicals
• Mining
• Machinery
• Transportation
• Automotive
• Power Generation
• Government Services
• Marine
• Healthcare
• Others (Finance, Process, etc.)

7
Testing, Inspection, Certification
Market Size, Status and Forecast 2018-2025

• Regional Overview, 2015-2025 (USD Million)
• North America
• US
• Canada
• Europe
• UK
• Russia
• Italy
• France
• Germany
• Rest of Europe
• Asia Pacific
• Latin America
• Brazil
• Mexico
• Rest of Central South America
• Middle East Africa
• Middle East
• Africa

8
About Us

• Adroit Market Research is an India-based business
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  audience is a wide range of corporations,
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  development institutions and industry
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