Global Testing, Inspection, Certification Market Size, Share, Analysis & Forecast 2025 - PowerPoint PPT Presentation

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

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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 – PowerPoint PPT presentation

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Title: 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
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters3131 McKinney Ave Ste 600
    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
  • Email sales_at_adroitmarketresearch.com
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