Global Testing, Inspection and Certification Market Size, Status and Forecast 2019-2025

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.
Europe is the largest regions of Testing, Inspection and Certification, with revenue market share about 38.51% in 2017, North America following Europe, takes revenue market share of 27.38%. Asia-Pacific is an important market of Testing, Inspection and Certification, accounting for 22% revenue market share.
The application of Testing, Inspection and Certification included Consumer Product, Commodities, Industry, LFE and Other industry. Industry is the largest application takes revenue market share of 50% in 2017. LFE is the second application takes revenue market share of 24% in 2017.
SGS Group, Bureau Veritas, Dekra Certification, Intertek, TUV SUD, Eurofins Scientific, DNV, TUV Rheinland, UL LLC, ALS Limited and TUV Nord Group is the top player in the industry, they together with 39.36% market share.
In 2018, the global Testing, Inspection and Certification market size was 8720 million US$ and it is expected to reach 12700 million US$ by the end of 2025, with a CAGR of 4.8% during 2019-2025.

This report focuses on the global Testing, Inspection and Certification status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Testing, Inspection and Certification development in United States, Europe and China.

The key players covered in this study
SGS Group
Bureau Veritas
Dekra Certification
Intertek
TUV SUD
Eurofins Scientific
DNV
TUV Rheinland
UL LLC
ALS Limited
TUV Nord Group
Mistras Group
SAI Global
BSI Group
Exova Group

Market segment by Type, the product can be split into
In-House
Outsourced

Market segment by Application, split into
Consumer Product
Commodities
Industry
LFE
Other

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Testing, Inspection and Certification status, future forecast, growth opportunity, key market and key players.
To present the Testing, Inspection and Certification development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Testing, Inspection and Certification are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.