Testing, Inspection, And Certification Market
Information Technology

Global Testing, Inspection, And Certification Market Size, Forecasts, And Opportunities – Includes Testing, Inspection, And Certification Market Demand

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The global testing, inspection, and certification market is expected to grow from $214.96 billion in 2021 to $225.55 billion in 2022 at a compound annual growth rate (CAGR) of 4.98%. The global testing, inspection and certification market size is expected to reach $275.65 billion in 2026 at a compound annual growth rate (CAGR) of 5.13%.

 

The strict regulatory standards imposed by governments to ensure product safety and environmental protection are expected to propel the growth of the testing, inspection, and certification market.

 

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The testing, inspection, and certification market consists of sales of testing, inspection, and certification solutions and services by entities (organizations, sole traders, and partnerships) that assure the safety, integrity, and quality of goods and services through conformity evaluation and assurance in various industries. Testing, inspection, and certification (TIC) provides conformity analysis for operational efficacy, catalyzes research and development and innovation in new fields through verification and validation, and establishes mutual recognition to ease market access.

 

Global Testing, Inspection, And Certification Market Segments Include:

By Service Type: Testing Service, Inspection Service, Certification Service

By Sourcing Type: In-House, Outsourced

By Application: Quality and Safety, Production Evaluation, Industrial Inspection, System Certification

By End-User: Consumer Goods and Retail, Food and Agriculture, Oil and Gas, Construction and Engineering, Energy and Chemicals, Manufacturing, Transportation, Industrial And Automotive, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global testing, inspection, and certification market in 2021.

 

The advent of new technologies in testing, inspection, and certification products and services is a key trend booming the testing, inspection, and certification market. Artificial intelligence is changing corporate operations in practically every sector, including testing, inspection, and certification. Automated inspection is used to satisfy the demands of physically challenging inspection zones.

 

TBRC’s Testing, Inspection, And Certification Market Report Covers:

Major Market Players: SGS Group, Bureau Veritas, Intertek, Element Materials Technology, TÜV SÜD, Eurofins Scientific, TÜV Rheinland, DEKRA SE, DNV GL, Applus+, ALS Limited, TÜV NORD, IRClass, ASTM, TIC Sera, Hohenstein, BSI Group, SAI Global and AsureQuality.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

 

The Testing, Inspection, And Certification Global Market Report 2022  is one of a series of new reports from The Business Research Company that provides testing, inspection, and certification market overviews, analyzes and forecasts market size, share, testing, inspection, and certification market players, testing, inspection, and certification market segments and geographies, leading competitor revenues, profiles and market shares.

 

TBRC’s testing, inspection, and certification market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

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