Global Testing, Inspection, and Certifications Market is to reach $351

Billion by 2024, Says Variant Market Researc h

Global Testing, inspection, and certifications Market Report, published by Variant

Market Research, forecast that the global market is expected to reach $351 billion by
2024 from $229 billion in 2016; growing at a CAGR of 5.5% 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. 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.

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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).
Based on geography, the global testing, inspection, and certification market has been
segmented into North America, Europe, Asia-Pacific and RoW. The U.S., Mexico and
Canada are covered under North America wherein Europe covers Germany, France,
UK, Italy, and others. Asia-Pacific covers China, India, Japan, and others. Rest of the
World (RoW) covers South America, Middle East and Africa.
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Major companies operating in this market are 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.

Scope of Testing, Inspection, and Certification Market

Type Segment

Testing
Inspection
Certification

Application Segment

Food & Beverages

 Automotive
Oil & gas
Aerospace
Textile
Telecommunication
Automation
Medical devices
Defence
Others

Geographical Segments

North America
o US
o Canada
o Mexico
Europe
o Germany
o France
o UK
o Italy
o Others
Asia-Pacific
o China
o India
o Japan
o Others
RoW
o South America
o Middle East
o Africa

Table Of Content
Chapter 1. Prefix
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

Chapter 3. Market Outline

3.1 Market Inclination, Trend, Outlook and Viewpoint
3.2 Market Share Analysis: Companys 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 Porters five forces analysis
3.5.1 Factors Impact Analysis
.
Chapter 7 Company Profiles
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
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