Testing, Inspection and Certification - Global Market Outlook (2017-2026)

Testing, Inspection and Certification - Global Market Outlook (2017-2026)

  • Published: May 2018
  • ID: SMRC17291

According to Stratistics MRC, the Global Testing, Inspection and Certification Market is accounted for $184.2 billion in 2017 and is expected to reach $312.25 billion by 2026 growing at a CAGR of 6.0% during the forecast period. The growth of this market is driven by increasing goods in emerging nations, increase in product recalls, government regulations and standards also various companies are offering TIC services. However, various standards and regulations, complex nature of supply chains across geographies are restraining the market.

Testing, Inspection and Certification (TIC) is a process performed to ensure that the manufactured products, component systems are adequate for the intended purpose. Inspection and testing are performed before, during and after manufacturing to ensure the quality of the product while certification refers to the confirmation of the quality of the product. Performance of these services is required to meet various safety and quality requirements of national and international standards.

Based on application, transportation segment dominates the marekt due to the factors such as strict regulations and legislations. It includes automotive, marine, aerospace and defense, and rail. These industries are required to continually meet the highest levels of safety and reliability for the safety of passengers and assets. By type outsourced services is anticipated to grow at the highest CAGR during the forecast period owing to focus on their core business and avoid high in-house laboratory costs.

Europe accounted for largest share in the Testing, Inspection and Certification market due to continual introduction of new rules such as energy efficiency in construction and rising focus on outsourcing. Asia Pacific market is expected to witness a significant growth over the forecast period owing to rising number of manufacturing facilities in India and China, increased demand of consumer electronics as well as  growing consumer awareness towards quality is aiding the market growth.

Some of the key players profiled in the report include DNV GL Group AS, ALS Limited, Mistras, Eurofins Scientific, Element Materials Technology, Dekra SE, Bureau Veritas SA, UL, TUV Nord, TUV Rheinland, SGS, Avomeen Analytical Services, Envigo, Intertek Group PLC, Medistri, Lloyd’s Register, Applus, ASTM International and  Asure Quality Limited.

Sourcing Types Covered:
• Outsourcing
• In-House

Service Types Covered:
• Inspection
• Testing
• Certification
• Other Service types

Applications Covered:
• Industrial and Manufacturing
• Energy & Power
• Consumer Goods and Retail
• Medical and Life Science
• Oil & Gas and Petroleum
• Mining
• Public Sector
• Agriculture and Food
• Construction and Infrastructure
• Supply Chain and Logistics
• Transportation
• Chemicals

Methodologies Covered:
• Internal Condition
• External Condition
• Other Methodology

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan       
    • China       
    • India       
    • Australia 
    • New Zealand     
    • South Korea      
    • Rest of Asia Pacific   
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary      
        
2 Preface       
 2.1 Abstract      
 2.2 Stake Holders     
 2.3 Research Scope     
 2.4 Research Methodology    
  2.4.1 Data Mining    
  2.4.2 Data Analysis    
  2.4.3 Data Validation    
  2.4.4 Research Approach    
 2.5 Research Sources     
  2.5.1 Primary Research Sources   
  2.5.2 Secondary Research Sources   
  2.5.3 Assumptions    
        
3 Market Trend Analysis 
    
 3.1 Introduction     
 3.2 Drivers      
 3.3 Restraints     
 3.4 Opportunities     
 3.5 Threats      
 3.6 Application Analysis    
 3.7 Emerging Markets     
 3.8 Futuristic Market Scenario    
        
4 Porters Five Force Analysis     
 4.1 Bargaining power of suppliers    
 4.2 Bargaining power of buyers    
 4.3 Threat of substitutes    
 4.4 Threat of new entrants    
 4.5 Competitive rivalry     
         
5 Global Testing, Inspection, and Certification (TIC)  Market, By Sourcing Type
 5.1 Introduction     
 5.2 Outsourcing      
 5.3 In-House       
        
6 Global Testing, Inspection, and Certification (TIC)  Market, By Service Type 
 6.1 Introduction     
 6.2 Inspection      
 6.3 Testing       
 6.4 Certification      
 6.5 Other Service types     
        
7 Global Testing, Inspection, and Certification (TIC)  Market, By Application
 7.1 Introduction     
 7.2 Industrial and Manufacturing    
  7.2.1 Production and Products Related Services 
  7.2.2 Projects Related Services   
  7.2.3 Suppliers Related Services   
  7.2.4 Other Industrial and Manufacturing    
 7.3 Energy & Power      
  7.3.1 Energy Sources    
   7.3.1.1 Wind    
   7.3.1.2 Alternative Fuels   
   7.3.1.3 Nuclear    
   7.3.1.4 Fuel Oils and Gases   
   7.3.1.5 Solar    
   7.3.1.6 Coal    
  7.3.2 Asset Integrity Management Services  
  7.3.3 Power Distribution    
  7.3.4 Power Generation    
  7.3.5 Project Life Cycle Services   
  7.3.6 Asset Integrity Management Services  
  7.3.7 Other Energy & Power   
 7.4 Consumer Goods and Retail     
  7.4.1 Hard Goods    
  7.4.2 Toys and Juvenile Products   
  7.4.3 Softlines and Accessories   
  7.4.4 Electrical & Electronics   
  7.4.5 Personal Care and Beauty Products  
  7.4.6 Other Consumer Goods and Retail   
 7.5 Medical and Life Science     
  7.5.1 Laboratory Services    
  7.5.2 Health, Beauty, & Wellness   
  7.5.3 Biopharmaceutical and Pharmaceutical Services 
  7.5.4 Clinical Services    
  7.5.5 Medical Devices    
  7.5.6 Other Medical and Life Science   
 7.6 Oil & Gas, and Petroleum     
  7.6.1 Petrochemicals    
  7.6.2 Downstream    
  7.6.3 Biofuels & Feedstock   
  7.6.4 Upstream    
  7.6.5 Other Oil & Gas, and Petroleum  
 7.7 Mining       
  7.7.1 Metallurgy and Process Design  
  7.7.2 Site Operations & Closure   
  7.7.3 Analytical Service    
  7.7.4 Production and Plant Services   
  7.7.5 Exploration Service    
  7.7.6 Project Risk Assessment & Mitigation  
  7.7.7 Inspection & Sampling Service   
 7.8 Public Sector      
  7.8.1 Monitoring Services    
  7.8.2 Valuation Services    
  7.8.3 Product Conformity Assessment  
  7.8.4 Others     
 7.9  Agriculture and Food     
  7.9.1 Commodities    
  7.9.2 Seed and Crop    
  7.9.3 Fertilizers    
  7.9.4 Others     
 7.10 Construction and Infrastructure    
  7.10.1 Construction Machinery & Equipment Services 
  7.10.2 Project Management   
  7.10.3 Facilities Management & Inspection Services 
  7.10.4 Material Services    
  7.10.5 Other Construction and Infrastructures  
 7.11 Supply Chain and Logistics    
  7.11.1 Risk Management    
  7.11.2 Packaging & Handling   
  7.11.3 Other Supply Chain and Logistics  
 7.12 Transportation      
  7.12.1 Aerospace and Defense   
   7.12.1.1 Services for Aviation  
   7.12.1.2 Services for Aerospace  
   7.12.1.3 Services for Airports  
  7.12.2 Rail     
   7.12.2.1 Rail Inspection Services  
   7.12.2.2 Rail Certification Services  
   7.12.2.3 Rail Testing Services  
  7.12.3 Automotive    
   7.12.3.1 Fuels, Fluids, and Lubricants  
   7.12.3.2 Vehicle Inspection Services (VIS) 
   7.12.3.3 Electric Vehicles, Hybrid Electric Vehicles, and Battery Systems
   7.12.3.4 Interior and Exterior Materials and Components
   7.12.3.5 Homologation Testing  
   7.12.3.6 Telematics   
   7.12.3.7 Electrical Systems and Components 
   7.12.3.8 Other Automotives   
  7.12.4 Marine      
   7.12.4.1 Marine Materials & Equipment Services 
   7.12.4.2 Ship Classification Services  
   7.12.4.3 Marine Fuel Systems & Component Services
   7.12.4.4 Other Marines   
 7.13 Chemicals      
  7.13.1 Chemical Feedstocks Services   
  7.13.2 Finished Product Services   
  7.13.3 Other Chemicals     
        
8 Global Testing, Inspection, and Certification (TIC)  Market, By Methodology 
 8.1 Introduction     
 8.2 Internal Condition     
  8.2.1 Radiographic Testing   
  8.2.2 Leakage Testing    
  8.2.3 Ultrasonic Testing    
 8.3  External Condition     
  8.3.1 Magnetic Particle Testing   
  8.3.2 Penetrant Testing    
  8.3.3 Visual Testing    
  8.3.4 Eddy Current Testing   
 8.4 Other Methodology     
        
9 Global Testing, Inspection, and Certification (TIC) Market, By Geography
 9.1 Introduction     
 9.2 North America     
  9.2.1 US     
  9.2.2 Canada     
  9.2.3 Mexico     
 9.3 Europe      
  9.3.1 Germany     
  9.3.2 UK     
  9.3.3 Italy     
  9.3.4 France     
  9.3.5 Spain     
  9.3.6 Rest of Europe    
 9.4 Asia Pacific     
  9.4.1 Japan     
  9.4.2 China     
  9.4.3 India     
  9.4.4 Australia     
  9.4.5 New Zealand    
  9.4.6 South Korea    
  9.4.9 Rest of Asia Pacific    
 9.5 South America     
  9.5.1 Argentina    
  9.5.2 Brazil     
  9.5.3 Chile     
  9.5.4 Rest of South America   
 9.6 Middle East & Africa    
  9.6.1 Saudi Arabia    
  9.6.2 UAE     
  9.6.3 Qatar     
  9.6.4 South Africa    
  9.6.5 Rest of Middle East & Africa   
        
10 Key Developments      
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures 
 10.2 Acquisitions & Mergers    
 10.3 New Test Type Launch    
 10.4 Expansions     
 10.5 Other Key Strategies    
        
11 Company Profiling      
 11.1 DNV GL Group AS     
 11.2 ALS Limited     
 11.3 Mistras       
 11.4 Eurofins Scientific      
 11.5 Element Materials Technology    
 11.6 Dekra SE      
 11.7 Bureau Veritas SA     
 11.8 UL      
 11.9 TUV Nord      
 11.10 TUV Rheinland      
 11.11 SGS       
 11.12 Avomeen Analytical Services    
 11.13 Envigo      
 11.14 Intertek Group PLC     
 11.15 Medistri      
 11.16 Lloyd’s Register      
 11.17 Applus       
 11.18 ASTM International     
 11.19 AsureQuality Limited        


List of Tables       
1 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Region (2016-2026) ($MN)
2 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Sourcing Type (2016-2026) ($MN)
3 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Outsourcing (2016-2026) ($MN)
4 Global Testing, Inspection, and Certification (TIC) Market Outlook, By In-House  (2016-2026) ($MN)
5 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Service Type  (2016-2026) ($MN)
6 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Inspection  (2016-2026) ($MN)
7 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Testing  (2016-2026) ($MN)
8 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Certification (2016-2026) ($MN)
9 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Other Service types (2016-2026) ($MN)
10 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Application (2016-2026) ($MN)
11 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Industrial and Manufacturing (2016-2026) ($MN)
12 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Production and Products Related Services (2016-2026) ($MN)
13 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Projects Related Services (2016-2026) ($MN)
14 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Suppliers Related Services (2016-2026) ($MN)
15 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Other Industrial and Manufacturing (2016-2026) ($MN)
16 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Energy & Power (2016-2026) ($MN)
17 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Energy Sources (2016-2026) ($MN)
18 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Asset Integrity Management Services (2016-2026) ($MN)
19 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Power Distribution (2016-2026) ($MN)
20 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Power Generation (2016-2026) ($MN)
21 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Project Life Cycle Services (2016-2026) ($MN)
22 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Asset Integrity Management Services (2016-2026) ($MN)
23 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Other Energy & Power (2016-2026) ($MN)
24 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Consumer Goods and Retail (2016-2026) ($MN)
25 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Hard Goods (2016-2026) ($MN)
26 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Toys and Juvenile Products (2016-2026) ($MN)
27 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Softlines and Accessories (2016-2026) ($MN)
28 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Electrical & Electronics (2016-2026) ($MN)
29 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Personal Care and Beauty Products (2016-2026) ($MN)
30 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Others Consumer Goods and Retail (2016-2026) ($MN)
31 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Medical and Life Science  (2016-2026) ($MN)
32 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Laboratory Services (2016-2026) ($MN)
33 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Health, Beauty, & Wellness (2016-2026) ($MN)
34 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Biopharmaceutical and Pharmaceutical Services (2016-2026) ($MN)
35 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Clinical Services (2016-2026) ($MN)
36 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Medical Devices (2016-2026) ($MN)
37 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Other Medical and Life Science (2016-2026) ($MN)
38 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Oil & Gas, and Petroleum  (2016-2026) ($MN)
39 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Petrochemicals (2016-2026) ($MN)
40 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Downstream (2016-2026) ($MN)
41 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Biofuels & Feedstock (2016-2026) ($MN)
42 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Upstream (2016-2026) ($MN)
43 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Other Oil & Gas, and Petroleum (2016-2026) ($MN)
44 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Mining (2016-2026) ($MN)
45 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Metallurgy and Process Design (2016-2026) ($MN)
46 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Site Operations & Closure (2016-2026) ($MN)
47 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Analytical Service (2016-2026) ($MN)
48 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Production and Plant Services (2016-2026) ($MN)
49 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Exploration Service (2016-2026) ($MN)
50 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Project Risk Assessment & Mitigation (2016-2026) ($MN)
51 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Inspection & Sampling Service (2016-2026) ($MN)
52 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Exploration Service (2016-2026) ($MN)
53 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Public Sector  (2016-2026) ($MN)
54 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Monitoring Services (2016-2026) ($MN)
55 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Valuation Services (2016-2026) ($MN)
56 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Product Conformity Assessment (2016-2026) ($MN)
57 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Others (2016-2026) ($MN)
58 Global Testing, Inspection, and Certification (TIC) Market Outlook, By  Agriculture and Food  (2016-2026) ($MN)
59 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Commodities (2016-2026) ($MN)
60 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Seed and Crop (2016-2026) ($MN)
61 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Fertilizers (2016-2026) ($MN)
62 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Others (2016-2026) ($MN)
63 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Construction and Infrastructure (2016-2026) ($MN)
64 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Construction Machinery & Equipment Services (2016-2026) ($MN)
65 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Project Management (2016-2026) ($MN)
66 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Facilities Management & Inspection Services (2016-2026) ($MN)
67 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Material Services (2016-2026) ($MN)
68 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Other Construction and Infrastructures (2016-2026) ($MN)
69 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Supply Chain and Logistics (2016-2026) ($MN)
70 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Risk Management (2016-2026) ($MN)
71 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Packaging & Handling (2016-2026) ($MN)
72 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Other Supply Chain and Logistics (2016-2026) ($MN)
73 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Transportation (2016-2026) ($MN)
74 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Aerospace and Defense (2016-2026) ($MN)
75 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Rail (2016-2026) ($MN)
76 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Automotive (2016-2026) ($MN)
77 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Marine (2016-2026) ($MN)
78 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Chemicals (2016-2026) ($MN)
79 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Chemical Feedstocks Services (2016-2026) ($MN)
80 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Finished Product Services (2016-2026) ($MN)
81 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Other Chemicals (2016-2026) ($MN)
82 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Methodlogy (2016-2026) ($MN)
83 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Internal Condition (2016-2026) ($MN)
84 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Radiographic Testing (2016-2026) ($MN)
85 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Leakage Testing (2016-2026) ($MN)
86 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Ultrasonic Testing (2016-2026) ($MN)
87 Global Testing, Inspection, and Certification (TIC) Market Outlook, By  External Condition (2016-2026) ($MN)
88 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Magnetic Particle Testing (2016-2026) ($MN)
89 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Penetrant Testing (2016-2026) ($MN)
90 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Visual Testing (2016-2026) ($MN)
91 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Eddy Current Testing (2016-2026) ($MN)
92 Global Testing, Inspection, and Certification (TIC) Market Outlook, By Other Methodology (2016-2026) ($MN)
        
Note: Regional tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are presented in similar manner as the above

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