Testing, Inspection and Certification Market is Expected to Register a Considerable Growth by 2026

The Testing, Inspection and Certification market is projected to grow from USD 316.7 billion in 2020 to USD 396.6 billion by 2026 at a CAGR of over 3.9% during the forecast period.

Stratview Research on the testing, inspection and certification market provides thorough analysis about the market that can help the users to understand the competitive dynamics and different factors driving or restraining industry growth.

The Testing, Inspection and Certification Market throws light on the major insights that offer the users a comprehensive addition of several factors such as global distribution, supply-chain, market size, manufacturers, and market factors that affect the global contributions.

In addition, the testing, inspection and certification market study also shifts its attention of the users with an in-depth competitive landscape, growth opportunities, market share along with product type and applications, key companies active in the market, and growth strategies practiced by the leading players.

Key players in the market   

  • Intertek Group PLC (UK)
  • SGS SA (Switzerland)
  • Bureau Veritas SA (France)
  • Underwriters Laboratories (UL) (US)
  • DNV GL (Norway)
  • Eurofins Scientific SE (Luxembourg)
  • Dekra Certification GmbH (Germany)
  • ALS Limited (Australia)
  • BSI Group (UK)
  • SAI Global Limited (US)

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According to Stratview Research, By Service Type (Testing, Inspection, Certification), By Sourcing Type (In-House, Outsourced), By End-Use (Consumer Goods Retail, Agriculture Food, Chemicals, Infrastructure, Energy Power, Education, Government, Manufacturing, Healthcare, Mining, Oil Gas and Petroleum, Public Sector, Automotive, Aerospace Defense, Supply Chain Logistics, Others) and Region.

Regional Analysis

Europe held a significant market share of almost 30% in 2020 and is projected to grow at a robust CAGR in the coming years. The strong presence of a significant automotive industry in Germany France supports the need to deploy effective testing inspection ecosystem in their companies. Moreover, the presence of several consumer goods, fashion brands, and retail corporations in Italy and the U.K. further boosts the regional market growth in the following years.The testing, inspection and certification market report further exhibits an outline of in-depth analysis gathered from reliable sources. The report also focuses on market revenue streams, Covid effect analysis on the market with an approach on upcoming market trends, and the complete progress of the market.

Research Methodology

The study incorporates a wide range of analytical resources along with primary and secondary research methodologies.

Frequently Asked Questions (FAQs)

  • What will be the growth of testing, inspection and certification market in the foreseeable future?
  • Who are the key players mentioned in the report?
  • Which region is dominant in the market in the coming years?
  • How long will it take to recover from the covid19 effect?

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James McGill

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