試験、検査、認証 (TIC) 市場 : 2029年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2024年3月

Testing, Inspection and Certification (TIC) Market – Global Forecast To 2029

試験、検査、認証 (TIC) 市場 : サービスの種類、調達の種類(社内、外部委託)、用途(消費財と小売、農業と食品、工業と製造、医療とライフサイエンス)、地域別 – 2029年までの世界予測
Testing, Inspection, and Certification Market by Service Type, Sourcing Type (In-house, Outsourced), Application (Consumer Goods & Retail, Agriculture & Food, Industrial & Manufacturing, Medical & Life Sciences) and Region – Global Forecast to 2029

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世界の試験、検査、認証(TIC)市場は2024年に2,332億米ドル規模となり、予測期間中にCAGR3.8%で成長し、2029年までに2,807億米ドルに達すると予測されています。

MarketsandMarkets(マーケッツアンドマーケッツ)「試験、検査、認証 (TIC) 市場 : サービスの種類、調達の種類(社内、外部委託)、用途(消費財と小売、農業と食品、工業と製造、医療とライフサイエンス)、地域別 – 2029年までの世界予測 – Testing, Inspection and Certification (TIC) Market: Testing, Inspection, and Certification Market by Service Type, Sourcing Type (In-house, Outsourced), Application (Consumer Goods & Retail, Agriculture & Food, Industrial & Manufacturing, Medical & Life Sciences) and Region – Global Forecast to 2029」は世界のTIC(試験、検査、認証)市場を調査し、主要セグメント毎の分析・予測結果を提供します。

Report Overview

The global testing, inspection, and certification market was valued at USD 233.2 billion in 2024 and is projected to reach USD 280.7 billion by 2029; it is expected to register a CAGR of 3.8% during the forecast period. The Testing, Inspection, and Certification market is driven by stringent regulatory requirements, technological advancements like AI and IoT, globalization, focus on quality and safety, sustainability initiatives, emerging markets, digitalization, and industry-specific needs. These factors collectively contribute to the growth and expansion of the TIC market globally.

 

試験、検査、認証 (TIC) 市場 : 2029年までの世界予測

“The testing segment to hold the largest share during the forecast period.”

Testing services hold the largest share in the Testing, Inspection, and Certification (TIC) market, primarily due to their critical role in ensuring compliance with regulatory standards and quality assurance across various industries. These services are essential for verifying the safety, quality, and reliability of products and processes, ranging from consumer goods to industrial equipment. As regulatory requirements become more stringent and consumer expectations rise, the demand for testing services continues to grow, driving their dominance in the TIC market.

 

“the in-house sourcing segmetn to record largest market share during the forecast period.” 

The dominance of the in-house sourcing segment in the market share is attributed to its suitability for critical applications, particularly in industries like the public sector and mining, which favor internal testing procedures over outsourced ones. In-house testing affords firms complete control over their processes and facilities, leveraging their core business expertise. Establishing in-house capabilities demands investments in biotechnology, testing equipment, and skilled personnel. Around 60% of testing, inspection, and certification services are conducted internally, notably in sectors such as life sciences, utilities, and public administration. For example, Intertek undertakes internal testing, inspection, and certification for major aerospace firms like Boeing, Airbus, and GE Aviation, ensuring adherence to industry standards with cutting-edge equipment and expertise.

“The medical & life sciences is likely to grow at the highest CAGR during the forecast period.”

The highest growth in the test, inspection, and certification market is anticipated in the medical and life sciences sector in the foreseeable future. As medical technology evolves, there’s a heightened demand for TIC services to ensure patient safety. Testing, inspection, and certification are imperative for various medical devices such as implants, diagnostic tools, ophthalmic, orthopedic, dental, and vascular devices to meet international standards, enabling global market access for manufacturers. Evolving regulations, particularly in the medical device domain, compel manufacturers to embrace TIC services for compliance. Key services in this sector encompass biocompatibility, electromagnetic compatibility (EMC), clinical research, and wireless/telemedicine testing, all aimed at guaranteeing device quality and safety. Accreditation from regulatory bodies is a prerequisite for TIC service providers to issue certifications for medical devices to their clients.

試験、検査、認証 (TIC) 市場 : 2029年までの世界予測 ecosystem

“The Europe segment is likely to grow at the second highest CAGR during the forecast period.” 

The European market for testing, Inspection, and Certification (TIC) services is experiencing significant growth, primarily attributed to several factors. One key driver is the tightening regulatory landscape across various industries, necessitating compliance with stringent standards and regulations. Additionally, the growing emphasis on quality, safety, and sustainability further fuels the demand for TIC services in the region. The rise of emerging technologies, such as artificial intelligence and IoT, is also contributing to the expansion of the TIC market by enhancing testing capabilities and efficiency. Moreover, increasing globalization and cross-border trade activities are driving the need for international standards compliance, driving the growth of TIC services in Europe. These factors collectively contribute to the substantial Compound Annual Growth Rate (CAGR) observed in the European TIC market.

Breakdown of primaries

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Company Type – Tier 1 – 30%, Tier 2 – 50%, Tier 3 – 20%
  • By Designation— C-level Executives – 25%, Directors – 35%, Others – 40%
  • By Region—North America – 35%, Europe – 30%, Asia Pacific – 25%, RoW – 10%

The testing, inspection, and certification  market is dominated by a few globally established players such as SGS SA (Switzerland), Bureau Veritas (France), Intertek Group plc (UK), Eurofins Scientific (Luxembourg), DEKRA (Germany), TÜV SÜD (Germany), DNV GL (Norway), TÜV RHEINLAND (Germany), Applus+ (Spain), ALS (Australia), TÜV NORD Group (Germany), Lloyd’s Register Group Services Limited (UK), MISTRAS Group (USA), ASTM (US), Element Materials Technology (UK), and UL LLC (US). The study includes an in-depth competitive analysis of these key players in the testing, inspection, and certification  market, with their company profiles, recent developments, and key market strategies.  

試験、検査、認証 (TIC) 市場 : 2029年までの世界予測 region

Research Coverage:   

The report segments the testing, inspection, and certification  market and forecasts its size by service type, by sourcing type, application, and region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions—North America, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the testing, inspection, and certification  ecosystem.

 Key Benefits to Buy the Report:

  • Analysis of key drivers (enforcement of strict regulations to ensure product safety and environmental protection, increasing need for interoperability testing owing to growing adoption of IoT, rising circulation of counterfeit products, increasing focus of manufacturing companies on customer retention). Restraint (lack of uniformity in global TIC standards, high cost of TIC services due to varying standards and regulations across geographies). Opportunity (use of blockchain technology in TIC services, rising adoption of TIC solutions based on advanced technologies). Challenges (slower adoption rate of advanced technologies by small and medium-sized TIC companies)
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the testing, inspection, and certification
  • Market Development: Comprehensive information about lucrative markets – the report analyses the testing, inspection, and certification market across varied regions
  • Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the testing, inspection, and certification   
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like SGS SA (Switzerland), Bureau Veritas (France), Intertek Group plc (UK), Eurofins Scientific (Luxembourg), DEKRA (Germany), TÜV SÜD (Germany), DNV GL (Norway), TÜV RHEINLAND (Germany), Applus+ (Spain), ALS (Australia), TÜV NORD Group (Germany), Lloyd’s Register Group Services Limited (UK), MISTRAS Group (USA), ASTM (US), Element Materials Technology (UK), and UL LLC (US) among others in the testing, inspection, and certification

Table of Contents

1            INTRODUCTION            56

1.1         STUDY OBJECTIVES      56

1.2         MARKET DEFINITION   57

1.2.1      INCLUSIONS & EXCLUSIONS     57

1.3         STUDY SCOPE  58

1.3.1      MARKETS COVERED     58

FIGURE 1           TESTING, INSPECTION, AND CERTIFICATION MARKET SEGMENTATION           58

1.3.2      REGIONAL SCOPE         59

1.3.3      YEARS CONSIDERED     59

1.4         CURRENCY CONSIDERED          60

1.5         LIMITATIONS   60

1.6         STAKEHOLDERS            60

1.7         SUMMARY OF CHANGES            60

1.7.1      RECESSION IMPACT ON TESTING, INSPECTION, AND CERTIFICATION MARKET            61

2            RESEARCH METHODOLOGY     62

2.1         RESEARCH DATA           62

FIGURE 2           TESTING, INSPECTION, AND CERTIFICATION MARKET: RESEARCH DESIGN       63

2.1.1      SECONDARY DATA       63

2.1.1.1   Major secondary sources    64

2.1.1.2   Key data from secondary sources     64

2.1.2      PRIMARY DATA 64

2.1.2.1   Primary interview with experts        65

2.1.2.2   Key data from primary sources         65

2.1.2.3   Key industry insights          66

2.1.2.4   Breakdown of primary interviews     66

2.1.3      SECONDARY AND PRIMARY RESEARCH 67

2.2         MARKET SIZE ESTIMATION       67

2.2.1      BOTTOM-UP APPROACH           68

2.2.1.1   Approach to arrive at market size by bottom-up analysis            68

FIGURE 3           BOTTOM-UP APPROACH           68

2.2.2      TOP-DOWN APPROACH             69

2.2.2.1   Approach to arrive at market size by top-down analysis              69

FIGURE 4           TOP-DOWN APPROACH             69

2.3         DATA TRIANGULATION             70

FIGURE 5           DATA TRIANGULATION             70

2.4         RESEARCH ASSUMPTIONS         71

2.4.1      ASSUMPTIONS 71

2.5         RISK ASSESSMENT         71

TABLE 1             RISK FACTOR ANALYSIS             72

2.6         RECESSION ASSUMPTIONS        72

TABLE 2             RECESSION IMPACT ASSESSMENT         72

2.7         RESEARCH LIMITATIONS           74

2.7.1      LIMITATIONS   74

3            EXECUTIVE SUMMARY 75

FIGURE 6           TESTING, INSPECTION AND CERTIFICATION MARKET, 2020-2029 (USD MILLION)     76

FIGURE 7           IN-HOUSE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD      76

FIGURE 8           TESTING SERVICES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD    77

FIGURE 9           CONSUMER GOODS & RETAIL SEGMENT TO HOLD LARGEST MARKET SHARE THROUGHOUT FORECAST PERIOD     78

FIGURE 10         ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING 2024–2029              79

4            PREMIUM INSIGHTS      80

4.1         ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN TESTING, INSPECTION, AND CERTIFICATION MARKET    80

FIGURE 11         ASIA PACIFIC TO EMERGE AS LUCRATIVE GROWTH AVENUE FOR TESTING, INSPECTION, AND CERTIFICATION MARKET DURING 2024–2029              80

4.2         TESTING, INSPECTION, AND CERTIFICATION MARKET,  BY SOURCING TYPE            81

FIGURE 12         IN-HOUSE SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD      81

4.3         TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE    81

FIGURE 13         TESTING SERVICES SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD    81

4.4         CONSUMER GOODS & RETAIL APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE            82

FIGURE 14         ELECTRICAL & ELECTRONICS SUBSEGMENT TO CAPTURE LARGEST MARKET SHARE FOR CONSUMER GOODS & RETAIL APPLICATIONS DURING  2024–2029      82

4.5         TESTING, INSPECTION, AND CERTIFICATION MARKET, BY REGION              82

FIGURE 15         ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD     82

5            MARKET OVERVIEW     83

5.1         INTRODUCTION            83

5.2         MARKET DYNAMICS     83

FIGURE 16         TESTING, INSPECTION, AND CERTIFICATION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    83

5.2.1      DRIVERS            84

5.2.1.1   Enforcement of strict regulations to ensure product safety and environmental protection            84

5.2.1.2   Increasing need for interoperability testing owing to growing adoption of IoT              84

5.2.1.3   Rising circulation of counterfeit products       85

5.2.1.4   Increasing focus of manufacturing companies on customer retention       85

FIGURE 17         DRIVERS AND THEIR IMPACT ON TESTING, INSPECTION, AND CERTIFICATION MARKET          86

5.2.2      RESTRAINTS     87

5.2.2.1   Lack of uniformity in global TIC standards    87

5.2.2.2   High cost of TIC services due to varying standards and regulations across geographies         87

FIGURE 18         RESTRAINTS AND THEIR IMPACT ON TESTING, INSPECTION, AND CERTIFICATION MARKET 88

5.2.3      OPPORTUNITIES           88

5.2.3.1   Use of blockchain technology in TIC services 88

5.2.3.2   Rising adoption of TIC solutions based on advanced technologies           89

FIGURE 19         OPPORTUNITIES AND THEIR IMPACT ON TESTING, INSPECTION, AND CERTIFICATION MARKET    90

5.2.4      CHALLENGES   90

5.2.4.1   Slower adoption rate of advanced technologies by small and medium-sized TIC companies           90

FIGURE 20         CHALLENGES AND THEIR IMPACT ON TESTING, INSPECTION, AND CERTIFICATION MARKET 91

5.3         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 91

FIGURE 21         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES              91

5.4         PRICING ANALYSIS        92

5.4.1      AVERAGE SELLING PRICE OF TESTING, INSPECTION, AND CERTIFICATION SERVICES OFFERED BY KEY PLAYERS  92

FIGURE 22         AVERAGE SELLING PRICE OF TESTING, INSPECTION, AND CERTIFICATION SERVICES OFFERED BY KEY PLAYERS  92

TABLE 3             AVERAGE SELLING PRICE OF TESTING, INSPECTION, AND CERTIFICATION SERVICES OFFERED BY KEY PLAYERS (USD/HR)           93

5.4.2      AVERAGE SELLING PRICE OF TESTING, INSPECTION, AND CERTIFICATION SERVICES, BY REGION 93

FIGURE 23         AVERAGE SELLING PRICE OF TESTING, INSPECTION, AND CERTIFICATION SERVICES, BY REGION 93

5.5         SUPPLY CHAIN ANALYSIS          94

FIGURE 24         TESTING, INSPECTION, AND CERTIFICATION MARKET: SUPPLY CHAIN ANALYSIS          94

5.6         MARKET MAP/ECOSYSTEM       95

TABLE 4             TESTING, INSPECTION, AND CERTIFICATION MARKET: ROLE OF COMPANIES IN ECOSYSTEM 95

FIGURE 25         KEY PLAYERS IN TESTING, INSPECTION, AND CERTIFICATION ECOSYSTEM     96

5.7         TECHNOLOGY ANALYSIS           96

5.7.1      SUBSTITUTE TECHNOLOGIES  96

5.7.2      AUTOMATION TESTING TECHNOLOGY             96

5.7.3      AUTOMATIC VISUAL INSPECTION (AVI) SYSTEM           97

5.7.4      BLOCKCHAIN AND DIGITAL TWIN        97

5.8         PATENT ANALYSIS        97

FIGURE 26         NUMBER OF PATENTS GRANTED FOR TESTING, INSPECTION, AND CERTIFICATION MARKET, 2014–2023          98

FIGURE 27         REGIONAL ANALYSIS OF PATENTS GRANTED FOR TESTING, INSPECTION, AND CERTIFICATION MARKET, 2014–2023 99

TABLE 5             LIST OF FEW PATENTS IN TESTING, INSPECTION, AND CERTIFICATION MARKET,  2020–2023   99

5.9         TRADE ANALYSIS          101

TABLE 6             IMPORT DATA FOR HS CODE 9018-COMPLIANT PRODUCTS, BY COUNTRY,  2018–2022 (USD MILLION)         101

FIGURE 28         IMPORT VALUES FOR HS CODE 9018-COMPLIANT PRODUCTS, 2018–2022          101

TABLE 7             EXPORT DATA FOR HS CODE 9018-COMPLIANT PRODUCTS, BY COUNTRY,  2018–2022 (USD MILLION)         102

FIGURE 29         EXPORT VALUES FOR HS CODE 9018-COMPLIANT PRODUCTS, 2018–2022          102

5.10       KEY CONFERENCES AND EVENTS, 2024–2025     103

5.10.1    TESTING, INSPECTION, AND CERTIFICATION MARKET: DETAILED LIST OF CONFERENCES AND EVENTS   103

5.11       CASE STUDY ANALYSIS 104

5.11.1    TESTING OF MULTIPHASE FLOW METER (MPFM) WELL TESTING              104

TABLE 8             SGS SA HELPED OIL COMPANY TO CONDUCT PRODUCTION WELL TESTS AND ENSURE ADHERENCE TO NOC REGULATIONS            104

5.11.2    ENHANCING PIPELINE INTEGRITY THROUGH ADVANCED INSPECTION TECHNOLOGIES BY NDT GLOBAL             105

TABLE 9             NDT GLOBAL HELPED PIPELINE OPERATOR COMBAT INTERNAL PITTING CORROSION IN PIPELINES AND IMPROVE INSPECTION ACCURACY       105

5.11.3    REVOLUTIONIZING NGL PIPELINE INSPECTION WITH ADVANCED ULTRASONIC CRACK DETECTION         106

TABLE 10           NDT GLOBAL HELPED PIPELINE OPERATOR OVERCOME CHALLENGES AND ENSURE PRECISION IN IDENTIFYING COMPLEX CRACK FEATURES         106

5.12       TARIFF AND REGULATORY LANDSCAPE            106

TABLE 11           MFN TARIFF FOR HS CODE 9018-COMPLIANT PRODUCTS EXPORTED BY US, 2023 106

TABLE 12           TESTING, INSPECTION, AND CERTIFICATION MARKET: REGULATIONS 107

5.12.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          108

TABLE 13           NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         108

TABLE 14           EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         109

TABLE 15           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         110

TABLE 16           REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         110

5.13       PORTER’S FIVE FORCES ANALYSIS         111

FIGURE 30         PORTER’S FIVE FORCES ANALYSIS         111

TABLE 17          IMPACT OF PORTER’S FIVE FORCES ON TESTING, INSPECTION, AND CERTIFICATION MARKET 112

FIGURE 31         IMPACT ANALYSIS OF PORTER’S FIVE FORCES ON TESTING, INSPECTION,  AND CERTIFICATION MARKET  112

5.13.1    THREAT OF NEW ENTRANTS    112

5.13.2    THREAT OF SUBSTITUTES         113

5.13.3    BARGAINING POWER OF SUPPLIERS     113

5.13.4    BARGAINING POWER OF BUYERS           113

5.13.5    INTENSITY OF COMPETITIVE RIVALRY 113

5.14       KEY STAKEHOLDERS AND BUYING CRITERIA    114

5.14.1    KEY STAKEHOLDERS IN BUYING PROCESS         114

FIGURE 32         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS   114

TABLE 18           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%)          114

5.14.2    BUYING CRITERIA         115

FIGURE 33         KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS              115

TABLE 19           KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS         115

6            TESTING, INSPECTION, AND CERTIFICATION MARKET,  BY SERVICE TYPE    116

6.1         INTRODUCTION            117

FIGURE 34         TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE  117

TABLE 20           TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2020–2023 (USD MILLION)        118

FIGURE 35         TESTING SERVICES TO CAPTURE LARGEST SHARE OF TESTING, INSPECTION, AND CERTIFICATION MARKET THROUGHOUT FORECAST PERIOD       118

TABLE 21           TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2024–2029 (USD MILLION)        119

6.2         TESTING SERVICES       119

6.2.1      RISING FOCUS ON QUALITY CONTROL IN MANUFACTURING TO DRIVE DEMAND FOR TESTING SERVICES           119

6.3         INSPECTION SERVICES 120

6.3.1      GROWING DEMAND FOR ESSENTIAL COMMODITIES TO BOOST ADOPTION OF INSPECTION SERVICES  120

6.4         CERTIFICATION SERVICES        120

6.4.1      RISING FOCUS OF MANUFACTURERS ON PRODUCT MARKETABILITY TO LEAD TO ADOPTION OF CERTIFICATION SERVICES 120

6.5         OTHER SERVICES          121

7            TESTING, INSPECTION, AND CERTIFICATION MARKET,  BY SOURCING TYPE            122

7.1         INTRODUCTION            123

FIGURE 36         TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE            123

TABLE 22           TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE,  2020–2023 (USD MILLION)   123

FIGURE 37         IN-HOUSE SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD      124

TABLE 23           TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE,  2024–2029 (USD MILLION)   124

7.2         IN-HOUSE         125

7.2.1      IN-HOUSE TESTING SERVICES TO CAPTURE LARGER MARKET SHARE DURING FORECAST PERIOD     125

7.3         OUTSOURCED 125

7.3.1      RISING PREFERENCE OF MANUFACTURING COMPANIES TO OUTSOURCE TIC SERVICES TO BOOST SEGMENTAL GROWTH 125

8            TESTING, INSPECTION, AND CERTIFICATION MARKET,  BY APPLICATION  126

8.1         INTRODUCTION            127

FIGURE 38         CONSUMER GOODS & RETAIL SEGMENT TO HOLD LARGEST SHARE OF TESTING, INSPECTION, AND CERTIFICATION MARKET DURING FORECAST PERIOD       127

TABLE 24           TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)        128

TABLE 25           TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)        129

8.2         CONSUMER GOODS & RETAIL  130

TABLE 26           CONSUMER GOODS & RETAIL APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2020–2023 (USD MILLION)          130

FIGURE 39         ELECTRICAL & ELECTRONICS SUBSEGMENT TO HOLD LARGEST MARKET SHARE FOR CONSUMER GOODS & RETAIL APPLICATIONS IN 2028 131

TABLE 27           CONSUMER GOODS & RETAIL APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2024–2029 (USD MILLION)          131

8.2.1      PERSONAL CARE & BEAUTY PRODUCTS             132

8.2.1.1   Constantly developing regulatory landscape for personal care and beauty products to drive market    132

8.2.2      HARD GOODS  133

8.2.2.1   Proliferation of advanced technologies in manufacturing of hard goods to boost demand for TIC services    133

8.2.3      SOFTLINES & ACCESSORIES      133

8.2.3.1   Rising demand for quality and durability checks in textiles and footwear industries to drive market    133

8.2.4      TOYS & JUVENILE PRODUCTS  134

8.2.4.1   Expanding list of banned and restricted substances used for making toys and juvenile products to boost demand for TIC services     134

8.2.5      ELECTRICAL & ELECTRONICS  135

8.2.5.1   Rapid technological innovations in consumer electronics to culminate into heightened demand for testing and certification           135

8.2.6      OTHER CONSUMER GOODS & RETAIL APPLICATIONS  136

8.3         AGRICULTURE & FOOD 137

TABLE 28           AGRICULTURE & FOOD APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2020–2023 (USD MILLION)      138

TABLE 29           AGRICULTURE & FOOD APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2024–2029 (USD MILLION)      138

8.3.1      SEEDS & CROPS 139

8.3.1.1   Growing importance of seed and crop quality assessments and seed certifications to drive segment  139

8.3.2      FERTILIZERS    139

8.3.2.1   Growing emphasis on ensuring safety, efficacy, and sustainability of fertilizers to drive market        139

8.3.3      COMMODITIES 140

8.3.3.1   Need to certify sustainability credentials of agricultural commodities to augment adoption of TIC services    140

8.3.4      FOOD   140

8.3.4.1   Increasing demand for certified food products and globalization of food trade to boost requirement for TIC services  140

8.3.5      MEAT   141

8.3.5.1   Increasing complexity of meat agriculture operations and need to verify safety of meat products to lead to reliance on TIC services         141

8.3.6      FORESTRY         142

8.3.6.1   Growing focus on sustainability and responsible forest management practices to drive adoption of TIC services         142

8.3.7      OTHER AGRICULTURE & FOOD APPLICATIONS             142

8.4         CHEMICAL        143

TABLE 30           CHEMICAL APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2020–2023 (USD MILLION)  144

TABLE 31           CHEMICAL APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2024–2029 (USD MILLION)  144

8.4.1      ASSET INTEGRITY MANAGEMENT SERVICES     145

8.4.1.1   Increasing complexity of equipment and infrastructure to lead to requirement for asset integrity management services 145

8.4.2      PROJECT LIFECYCLE SERVICES 145

8.4.2.1   Manufacturers’ focus on ensuring integrity, safety, and reliability of industrial facilities to boost demand for project lifecycle services 145

8.4.3      FINISHED PRODUCT SERVICES 145

8.4.3.1   Growing concerns for consumer safety and quality of products to lead to adoption of finished product services              145

8.4.4      CHEMICAL FEEDSTOCK SERVICES         146

8.4.4.1   Increasing emphasis on safety, quality, and sustainability in chemicals industry to drive segmental growth      146

8.4.5      OTHER CHEMICAL APPLICATIONS        146

8.5         CONSTRUCTION & INFRASTRUCTURE  146

TABLE 32           CONSTRUCTION & INFRASTRUCTURE APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2020–2023 (USD MILLION) 147

TABLE 33           CONSTRUCTION & INFRASTRUCTURE APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2024–2029 (USD MILLION) 147

8.5.1      PROJECT MANAGEMENT SERVICES       148

8.5.1.1   Need to design, construct, and manage buildings and infrastructures efficiently to drive market        148

8.5.2      MATERIAL SERVICES    148

8.5.2.1   Imperative to ensure performance of construction materials to drive adoption of material services  148

8.5.3      CONSTRUCTION MACHINERY & EQUIPMENT SERVICES             148

8.5.3.1   Growth of construction industry worldwide to drive segment     148

8.5.4      FACILITIES MANAGEMENT & INSPECTION SERVICES    149

8.5.4.1   Need to monitor and ensure safety of facilities to boost adoption of facilities management and inspection services              149

8.5.5      OTHER CONSTRUCTION & INFRASTRUCTURE APPLICATIONS 149

8.6         ENERGY & POWER         150

TABLE 34           ENERGY & POWER APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET,  BY TYPE, 2020–2023 (USD MILLION)             150

TABLE 35           ENERGY & POWER APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET,  BY TYPE, 2024–2029 (USD MILLION)             151

8.6.1      ENERGY SOURCES         151

8.6.1.1   Need to ensure cost-efficient and safe availability of energy sources to drive demand for TIC services    151

8.6.1.2   Nuclear  151

8.6.1.3   Wind     152

8.6.1.4   Solar      152

8.6.1.5   Alternative fuels  152

8.6.1.6   Fuel oil & gases    152

8.6.1.7   Coal       152

8.6.2      POWER GENERATION   153

8.6.2.1   Increasing emphasis on safety and reliability in power generation to necessitate comprehensive testing and inspection            153

8.6.3      POWER DISTRIBUTION 153

8.6.3.1   Rising focus on ensuring continuous and stable operations of power distribution networks to drive segmental growth 153

8.6.4      ASSET INTEGRITY MANAGEMENT         153

8.6.4.1   Growing focus on maintaining structural integrity, reliability, and performance of assets to drive segmental growth      153

8.6.5      PROJECT LIFECYCLE MANAGEMENT    154

8.6.5.1   Rising emphasis on regulatory compliance and quality assurance throughout project phases to drive segment       154

8.6.6      OTHER ENERGY & POWER APPLICATIONS         154

8.7         INDUSTRIAL & MANUFACTURING         154

TABLE 36           INDUSTRIAL & MANUFACTURING APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2020–2023 (USD MILLION)          154

TABLE 37           INDUSTRIAL & MANUFACTURING APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2024–2029 (USD MILLION)          155

8.7.1      SUPPLIER-RELATED SERVICES 155

8.7.1.1   Increasing emphasis on supply chain resilience and risk management to drive segmental growth 155

8.7.2      PRODUCTION- AND PRODUCT-RELATED SERVICES     156

8.7.2.1   Increasing importance of quality, conformity, and safety of industrial products to drive demand for TIC services         156

8.7.3      PROJECT-RELATED SERVICES   156

8.7.3.1   Growing need to reduce technical risks, minimize errors, and control budgets to boost demand for project-related services      156

8.7.4      OTHER INDUSTRIAL & MANUFACTURING APPLICATIONS         156

8.8         MEDICAL & LIFE SCIENCES        157

TABLE 38           MEDICAL & LIFE SCIENCES APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2020–2023 (USD MILLION)          157

TABLE 39           MEDICAL & LIFE SCIENCES APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2024–2029 (USD MILLION)          158

8.8.1      MEDICAL DEVICES        158

8.8.1.1   Need to ensure compliance with different regulations and standards in various markets worldwide to fuel demand for TIC services     158

8.8.2      HEALTH, BEAUTY, AND WELLNESS       159

8.8.2.1   Rising concerns over safety and efficacy of health and beauty products to boost demand for TIC services    159

8.8.3      CLINICAL SERVICES      160

8.8.3.1   Growing need to outsource drug development activities to specialized service providers to drive market   160

8.8.4      LABORATORY SERVICES            160

8.8.4.1   Strict regulations imposed on biopharmaceutical products to induce demand for TIC services         160

8.8.5      BIOPHARMACEUTICAL & PHARMACEUTICAL SERVICES             160

8.8.5.1   Growing stringency of regulatory requirements for pharmaceutical and biopharmaceutical industries to drive market 160

8.8.6      OTHER MEDICAL & LIFE SCIENCES APPLICATIONS        161

8.9         MINING              162

TABLE 40           MINING APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2020–2023 (USD MILLION)  162

FIGURE 40         EXPLORATION SERVICES TO HOLD LARGEST MAKET SHARE FOR MINING APPLICATIONS DURING FORECAST PERIOD         163

TABLE 41           MINING APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2024–2029 (USD MILLION)  163

8.9.1      INSPECTION & SAMPLING         164

8.9.1.1   Need to ensure compliance of shipments with international standards and customer specifications to drive adoption of TIC services           164

8.9.2      ANALYTICAL SERVICES 164

8.9.2.1   Growing focus on resource optimization and regulatory compliance to propel adoption of analytical services          164

8.9.3      EXPLORATION SERVICES           164

8.9.3.1   Growing demand for reliable and accurate data in mining to propel adoption of TIC services         164

8.9.4      METALLURGY & PROCESS DESIGN SERVICES    165

8.9.4.1   Need to reduce metallurgy-related operational risks to fuel adoption of TIC services  165

8.9.5      PRODUCTION & PLANT SERVICES         165

8.9.5.1   Need to assess structural integrity of mining infrastructure to prevent accidents to propel demand for TIC services       165

8.9.6      SITE OPERATION & CLOSURE SERVICES             165

8.9.6.1   Need to mitigate environmental risks and ensure regulatory compliance to encourage adoption of TIC services 165

8.9.7      PROJECT RISK ASSESSMENT & MITIGATION SERVICES  166

8.9.7.1   Need to ensure compliance with stringent safety and environmental regulations to drive market        166

8.9.8      OTHER MINING APPLICATIONS             166

8.10       OIL & GAS AND PETROLEUM    166

TABLE 42           OIL & GAS AND PETROLEUM APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2020–2023 (USD MILLION)          167

TABLE 43           OIL & GAS AND PETROLEUM APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2024–2029 (USD MILLION)          167

8.10.1    UPSTREAM       168

8.10.1.1 Increasing exploration and production of oil and gas in challenging environments to necessitate adoption of TIC services          168

8.10.2    DOWNSTREAM 169

8.10.2.1 Increasing complexity of downstream operations to propel demand for TIC services  169

8.10.3    BIOFUELS AND FEEDSTOCK     169

8.10.3.1 Rising need to control and manage supply chain of biofuels to drive market              169

8.10.4    PETROCHEMICALS       170

8.10.4.1 Growing focus on mitigating risks associated with petrochemicals to boost adoption of TIC services    170

8.10.5    ASSET INTEGRITY MANAGEMENT         170

8.10.5.1 Rising emphasis on minimizing risks associated with asset failure to augment adoption of TIC services    170

8.10.6    PROJECT LIFECYCLE    171

8.10.6.1 Need to enhance operational efficiency and safety across all phases of oil & gas projects to drive market     171

8.10.7    OTHER OIL & GAS AND PETROLEUM APPLICATIONS    171

8.11       PUBLIC SECTOR             171

TABLE 44           PUBLIC SECTOR APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET,  BY TYPE, 2020–2023 (USD MILLION)             172

TABLE 45           PUBLIC SECTOR APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET,  BY TYPE, 2024–2029 (USD MILLION)             172

8.11.1    PRODUCT CONFORMITY ASSESSMENT SERVICES          173

8.11.1.1 Focus on mitigating risks of goods rejection to fuel demand for TIC services              173

8.11.2    MONITORING SERVICES            173

8.11.2.1 Need to monitor consignments under customs control and verify due diligence to boost demand for TIC services         173

8.11.3    VALUATION SERVICES 173

8.11.3.1 Focus on reducing risk of fraud and building confidence between importers and exporters to boost demand for TIC services   173

8.11.4    OTHER PUBLIC SECTOR APPLICATIONS            174

8.12       AUTOMOTIVE  174

TABLE 46           AUTOMOTIVE APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET,  BY TYPE, 2020–2023 (USD MILLION)             175

TABLE 47           AUTOMOTIVE APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET,  BY TYPE, 2024–2029 (USD MILLION)             175

8.12.1    ELECTRICAL SYSTEMS AND COMPONENTS       176

8.12.1.1 Increasing complexity of automotive electrical systems and components to give rise to requirement for testing          176

8.12.2    ELECTRIC VEHICLES, HYBRID ELECTRIC VEHICLES, AND BATTERY SYSTEMS           176

8.12.2.1 Need to identify potential defects impacting performance and safety of electric vehicles and battery systems to augment demand for TIC services           176

8.12.3    TELEMATICS    177

8.12.3.1 Integration of communication technologies and informatics in vehicles to create demand for TIC services    177

8.12.4    FUELS, FLUIDS, AND LUBRICANTS         177

8.12.4.1 Requirement for effective functioning of engines to lead to adoption of testing services  177

8.12.5    INTERIOR & EXTERIOR MATERIALS AND COMPONENTS            178

8.12.5.1 Emphasis on improving performance of interior and exterior materials and automotive components to drive market         178

8.12.6    VEHICLE INSPECTION SERVICES (VIS)  178

8.12.6.1 Growth of used cars market to fuel demand for inspection services          178

8.12.7    HOMOLOGATION TESTING      179

8.12.7.1 Need to meet rising number of regulatory requirements in specific countries or regions to boost demand for homologation testing       179

8.12.8    OTHER AUTOMOTIVE APPLICATIONS  179

8.13       AEROSPACE      180

8.13.1    SERVICES FOR AIRPORTS           180

8.13.2    SERVICES FOR AVIATION           180

8.13.3    SERVICES FOR AEROSPACE       180

TABLE 48           AEROSPACE APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET,  BY TYPE, 2020–2023 (USD MILLION)             180

TABLE 49           AEROSPACE APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET,  BY TYPE, 2024–2029 (USD MILLION)             181

8.13.4    AEROSPACE MANUFACTURING SERVICES          181

8.13.4.1 Focus on reducing risk of costly failures and downtime to boost demand for aerospace manufacturing services    181

8.13.5    AVIATION MANAGEMENT SERVICES     182

8.13.5.1 Imperative to reduce risks of accidents and increase reliability of operations to boost demand for TIC services         182

8.13.6    OTHER AEROSPACE APPLICATIONS      183

8.14       MARINE             183

TABLE 50           MARINE APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2020–2023 (USD MILLION)  184

TABLE 51           MARINE APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2024–2029 (USD MILLION)  184

8.14.1    MARINE FUEL SYSTEM AND COMPONENT SERVICES     185

8.14.1.1 Need to identify potential hazards and ensure safety and reliability of equipment used in marine industry to drive market         185

8.14.2    SHIP CLASSIFICATION SERVICES            185

8.14.2.1 Increasing stringency of safety and environmental regulations for ships to propel demand for TIC services    185

8.14.3    MARINE MATERIAL & EQUIPMENT SERVICES    185

8.14.3.1 Growing need for safe and efficient maritime transportation and pollution prevention to drive segmental landscape        185

8.14.4    OTHER MARINE APPLICATIONS             186

8.15       RAILWAY           186

TABLE 52           RAILWAY APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET,  BY TYPE, 2020–2023 (USD MILLION)             187

TABLE 53           RAILWAY APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET,  BY TYPE, 2024–2029 (USD MILLION)             187

8.15.1    RAIL CONSTRUCTION & PRODUCTION MONITORING  188

8.15.1.1 Adoption of drone technology for railway construction and production monitoring applications to drive market             188

8.15.2    INFRASTRUCTURE MANAGEMENT        188

8.15.2.1 Need to ensure safe functioning of railway infrastructure and compliance with standards to boost demand for TIC services   188

8.15.3    OTHER RAILWAY APPLICATIONS           188

8.16       SUPPLY CHAIN & LOGISTICS     188

TABLE 54           SUPPLY CHAIN & LOGISTICS APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2020–2023 (USD MILLION)          189

TABLE 55           SUPPLY CHAIN & LOGISTICS APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2024–2029 (USD MILLION)          189

8.16.1    PACKAGING & HANDLING         190

8.16.1.1 Growing demand for sustainable packaging solutions to boost requirement for rigorous testing and certification      190

8.16.2    RISK MANAGEMENT     191

8.16.2.1 Intensifying need to mitigate risks amidst growing complexity and globalization of supply chains to drive market           191

8.16.3    OTHER SUPPLY CHAIN & LOGISTICS APPLICATIONS     191

8.17       IT & TELECOMMUNICATION    191

TABLE 56           IT & TELECOMMUNICATION APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2020–2023 (USD MILLION)          192

TABLE 57           IT & TELECOMMUNICATION APPLICATION: TESTING, INSPECTION, AND CERTIFICATION (TIC) MARKET FOR IT & TELECOMMUNICATION APPLICATION, BY TYPE,  2024–2029 (USD MILLION)              193

8.17.1    TELECOMMUNICATION & IT INFRASTRUCTURE EQUIPMENT  193

8.17.1.1 Increasing complexities and diversity of communication equipment to necessitate testing    193

8.17.2    MODULES & DEVICES   194

8.17.2.1 Need to meet regulatory requirements for commercialization to boost testing of modules and devices          194

8.18       SPORTS & ENTERTAINMENT    194

TABLE 58           SPORTS & ENTERTAINMENT APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2020–2023 (USD MILLION)          195

TABLE 59           SPORTS & ENTERTAINMENT APPLICATION: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY TYPE, 2024–2029 (USD MILLION)          195

8.18.1    SPORTS VENUES & FACILITIES  195

8.18.1.1 Rise in crowd-related accidents in sports grounds to boost demand for sports field testing    195

8.18.2    SPORTING GOODS & PROTECTIVE EQUIPMENT            196

8.18.2.1 Critical importance of safety and quality in sports goods and protective equipment to boost demand for TIC services     196

9            TESTING, INSPECTION, AND CERTIFICATION MARKET, BY REGION              197

9.1         INTRODUCTION            198

FIGURE 41         TESTING, INSPECTION, AND CERTIFICATION MARKET, BY REGION             198

FIGURE 42         VIETNAM TO EXHIBIT HIGHEST CAGR IN TESTING, INSPECTION, AND CERTIFICATION MARKET DURING FORECAST PERIOD              198

FIGURE 43         ASIA PACIFIC TO DOMINATE TESTING, INSPECTION, AND CERTIFICATION MARKET DURING FORECAST PERIOD 199

TABLE 60           TESTING, INSPECTION, AND CERTIFICATION MARKET, BY REGION,  2020–2023 (USD MILLION)     199

TABLE 61           TESTING, INSPECTION, AND CERTIFICATION MARKET, BY REGION,  2024–2029 (USD MILLION)     200

9.2         NORTH AMERICA          200

9.2.1      RECESSION IMPACT ON MARKET IN NORTH AMERICA 200

FIGURE 44         NORTH AMERICA: RECESSION IMPACT ANALYSIS          201

FIGURE 45         NORTH AMERICA: TESTING, INSPECTION, AND CERTIFICATION MARKET SNAPSHOT   202

TABLE 62           NORTH AMERICA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)       203

TABLE 63           NORTH AMERICA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)       203

TABLE 64           NORTH AMERICA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 204

TABLE 65           NORTH AMERICA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 205

TABLE 66           NORTH AMERICA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION) 205

TABLE 67           NORTH AMERICA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION) 206

TABLE 68           NORTH AMERICA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)              206

TABLE 69           NORTH AMERICA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)              206

9.2.2      US         207

9.2.2.1   Rising investments in AI and other next-generation technologies to drive market              207

TABLE 70           US: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)        209

TABLE 71           US: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)        210

TABLE 72           US: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2020–2023 (USD MILLION)        210

TABLE 73           US: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2024–2029 (USD MILLION)        211

TABLE 74           US: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE,  2020–2023 (USD MILLION)   211

TABLE 75           US: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE,  2024–2029 (USD MILLION)   211

9.2.3      CANADA            212

9.2.3.1   Increasing hydroelectric installed capacity to contribute to market growth              212

TABLE 76           CANADA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)             213

TABLE 77           CANADA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)             214

TABLE 78           CANADA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2020–2023 (USD MILLION)             214

TABLE 79           CANADA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2024–2029 (USD MILLION)             215

TABLE 80           CANADA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           215

TABLE 81           CANADA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           215

9.2.4      MEXICO             216

9.2.4.1   Growing retail business to boost demand for TIC services          216

TABLE 82           MEXICO: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)             218

TABLE 83           MEXICO: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)             219

TABLE 84           MEXICO: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2020–2023 (USD MILLION)             219

TABLE 85           MEXICO: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2024–2029 (USD MILLION)             220

TABLE 86           MEXICO: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           220

TABLE 87           MEXICO: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           220

9.3         EUROPE             221

9.3.1      RECESSION IMPACT ON MARKET IN EUROPE    221

FIGURE 46         EUROP: RECESSION IMPACT ANALYSIS 222

FIGURE 47         EUROPE: TESTING, INSPECTION, AND CERTIFICATION MARKET SNAPSHOT     223

TABLE 88           EUROPE: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY COUNTRY,  2020–2023 (USD MILLION)      224

TABLE 89           EUROPE: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY COUNTRY,  2024–2029 (USD MILLION)      225

TABLE 90           EUROPE: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)             226

TABLE 91           EUROPE: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)             227

TABLE 92           EUROPE: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2020–2023 (USD MILLION)             227

TABLE 93           EUROPE: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2024–2029 (USD MILLION)             228

TABLE 94           EUROPE: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           228

TABLE 95           EUROPE: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           228

9.3.2      GERMANY         229

9.3.2.1   Increasing focus on workplace safety following COVID-19 outbreak to facilitate market growth     229

TABLE 96           GERMANY: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)             231

TABLE 97           GERMANY: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)             232

TABLE 98           GERMANY: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION) 232

TABLE 99           GERMANY: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION) 233

TABLE 100         GERMANY: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           233

TABLE 101         GERMANY: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           233

9.3.3      UK         234

9.3.3.1   Rising emphasis on complying with regulatory standards to contribute to market growth   234

TABLE 102         UK: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)        235

TABLE 103         UK: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)        236

TABLE 104         UK: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2020–2023 (USD MILLION)        236

TABLE 105         UK: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2024–2029 (USD MILLION)        237

TABLE 106         UK: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE,  2020–2023 (USD MILLION)   237

TABLE 107         UK: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE,  2024–2029 (USD MILLION)   237

9.3.4      FRANCE             238

9.3.4.1   Growing awareness about food labeling to accelerate adoption of TIC services              238

TABLE 108         FRANCE: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)             239

TABLE 109         FRANCE: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)             240

TABLE 110         FRANCE: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2020–2023 (USD MILLION)             240

TABLE 111         FRANCE: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2024–2029 (USD MILLION)             241

TABLE 112         FRANCE: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           241

TABLE 113         FRANCE: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           241

9.3.5      ITALY   242

9.3.5.1   Rising focus on certifying products to ensure compliance with national and international standards to propel market        242

TABLE 114         ITALY: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)   243

TABLE 115         ITALY: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)   244

TABLE 116         ITALY: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2020–2023 (USD MILLION)  244

TABLE 117         ITALY: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2024–2029 (USD MILLION)  245

TABLE 118         ITALY: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE,  2020–2023 (USD MILLION)            245

TABLE 119         ITALY: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE,  2024–2029 (USD MILLION)            245

9.3.6      SPAIN   246

9.3.6.1   Increasing export of textile machinery to boost demand for TIC services  246

TABLE 120         SPAIN: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)   247

TABLE 121         SPAIN: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)   248

TABLE 122         SPAIN: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2020–2023 (USD MILLION)  248

TABLE 123         SPAIN: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2024–2029 (USD MILLION)  249

TABLE 124         SPAIN: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE,  2020–2023 (USD MILLION)            249

TABLE 125         SPAIN: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE,  2024–2029 (USD MILLION)            249

9.3.7      BELGIUM          250

9.3.7.1   Growing export of chocolates to propel demand for TIC services             250

TABLE 126         BELGIUM: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)             250

TABLE 127         BELGIUM: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)             252

TABLE 128         BELGIUM: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2020–2023 (USD MILLION)             252

TABLE 129         BELGIUM: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2024–2029 (USD MILLION)             253

TABLE 130         BELGIUM: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           253

TABLE 131         BELGIUM: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           253

9.3.8      RUSSIA 254

9.3.8.1   Rising agricultural production and oil export to contribute to market growth              254

TABLE 132         RUSSIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)             255

TABLE 133         RUSSIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)             256

TABLE 134         RUSSIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2020–2023 (USD MILLION)             256

TABLE 135         RUSSIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2024–2029 (USD MILLION)             257

TABLE 136         RUSSIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           257

TABLE 137         RUSSIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           257

9.3.9      NETHERLANDS 258

9.3.9.1   Mounting demand for compliance services for electric vehicles to accelerate market growth     258

TABLE 138         NETHERLANDS: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)  259

TABLE 139         NETHERLANDS: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)  260

TABLE 140         NETHERLANDS: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION) 260

TABLE 141         NETHERLANDS: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION) 261

TABLE 142         NETHERLANDS: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           261

TABLE 143         NETHERLANDS: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           261

9.3.10    SWITZERLAND 262

9.3.10.1 Growing requirement for licenses to import pharmaceutical and medical products to drive market    262

TABLE 144         SWITZERLAND: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)  263

TABLE 145         SWITZERLAND: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)  264

TABLE 146         SWITZERLAND: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION) 264

TABLE 147         SWITZERLAND: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION) 265

TABLE 148         SWITZERLAND: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           265

TABLE 149         SWITZERLAND: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           265

9.3.11    HUNGARY         266

9.3.11.1 Escalating adoption of smartphones and e-commerce platforms to drive market              266

9.3.12    POLAND            266

9.3.12.1 Rising focus on advanced manufacturing techniques to augment market growth              266

9.3.13    BULGARIA         267

9.3.13.1 Increasing import of high-end machinery and manufacturing equipment to foster market growth     267

9.3.14    SWEDEN            268

9.3.14.1 Presence of state-of-the-art vehicle testing facilities to contribute to market growth   268

9.3.15    CZECH REPUBLIC          268

9.3.15.1 Increasing emphasis on widening automotive manufacturing capabilities to boost demand for TIC services    268

9.3.16    NORWAY           269

9.3.16.1 Surging export of refined petroleum products to facilitate market growth 269

9.3.17    ROMANIA          269

9.3.17.1 Increasing funding activities to strengthen healthcare services to boost market growth   269

9.3.18    GREECE             270

9.3.18.1 Thriving renewable energy industry to accelerate adoption of TIC services              270

9.3.19    IRELAND           271

9.3.19.1 Rising innovation in digital marketing and industrial robots to contribute to market growth     271

9.3.20    AUSTRIA            272

9.3.20.1 Increasing pharmaceutical R&D activities to foster market growth           272

9.3.21    CROATIA           273

9.3.21.1 Rising need to adhere to automotive component standards to accelerate market growth   273

9.3.22    TURKEY             273

9.3.22.1 Growing implementation of guidelines to prevent product counterfeiting to fuel market growth     273

9.3.23    DENMARK         274

9.3.23.1 Increasing export of agricultural products to boost adoption of TIC services              274

9.3.24    ESTONIA           274

9.3.24.1 Rising introduction of import control measures to secure flow of goods to facilitate market growth     274

9.3.25    LITHUANIA       275

9.3.25.1 Escalating export of processed food products to augment demand for TIC services              275

9.3.26    LATVIA 275

9.3.26.1 Rising emphasis on logistics infrastructure development to expedite market growth   275

9.3.27    PORTUGAL       276

9.3.27.1 Increasing enforcement of food safety laws to contribute to market growth              276

9.3.28    FINLAND           276

9.3.28.1 Rising development of battery production facilities to foster market growth              276

9.3.29    SLOVAKIA         277

9.3.29.1 Shifting preference toward electric vehicles to boost adoption of battery testing services  277

9.3.30    REST OF EUROPE           278

9.4         ASIA PACIFIC    278

9.4.1      RECESSION IMPACT ON MARKET IN ASIA PACIFIC         278

FIGURE 48         ASIA PACIFIC: RECESSION IMPACT ANALYSIS    279

FIGURE 49         ASIA PACIFIC: TESTING, INSPECTION, AND CERTIFICATION MARKET SNAPSHOT     280

TABLE 150         ASIA PACIFIC: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY COUNTRY,  2020–2023 (USD MILLION)      281

TABLE 151         ASIA PACIFIC: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY COUNTRY,  2024–2029 (USD MILLION)      282

TABLE 152         ASIA PACIFIC: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)  283

TABLE 153         ASIA PACIFIC: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)  284

TABLE 154         ASIA PACIFIC: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION) 284

TABLE 155         ASIA PACIFIC: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION) 285

TABLE 156         ASIA PACIFIC: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           285

TABLE 157         ASIA PACIFIC: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           285

9.4.2      CHINA  286

9.4.2.1   Strong focus on food product safety and quality to foster market growth  286

TABLE 158        CHINA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)   288

TABLE 159        CHINA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)   289

TABLE 160        CHINA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2020–2023 (USD MILLION)  289

TABLE 161        CHINA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2024–2029 (USD MILLION)  290

TABLE 162        CHINA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE,  2020–2023 (USD MILLION)            290

TABLE 163        CHINA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE,  2024–2029 (USD MILLION)            290

9.4.3      JAPAN  291

9.4.3.1   Need for certification of communication equipment to contribute to market growth   291

TABLE 164         JAPAN: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)   293

TABLE 165         JAPAN: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)   294

TABLE 166         JAPAN: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)     294

TABLE 167         JAPAN: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2024–2029 (USD MILLION)  295

TABLE 168         JAPAN: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE,  2020–2023 (USD MILLION)            295

TABLE 169         JAPAN: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE,  2024–2029 (USD MILLION)            295

9.4.4      INDIA   296

9.4.4.1   Introduction of production-linked incentives for medical devices to fuel market growth   296

TABLE 170         INDIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)   297

TABLE 171         INDIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)   298

TABLE 172         INDIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2020–2023 (USD MILLION)  298

TABLE 173         INDIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2024–2029 (USD MILLION)  299

TABLE 174         INDIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE,  2020–2023 (USD MILLION)            299

TABLE 175         INDIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE,  2024–2029 (USD MILLION)            299

9.4.5      SOUTH KOREA 300

9.4.5.1   Enforcement of regulations to develop safe consumer goods to bolster market growth   300

TABLE 176         SOUTH KOREA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)  301

TABLE 177         SOUTH KOREA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)  302

TABLE 178         SOUTH KOREA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION) 302

TABLE 179         SOUTH KOREA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION) 303

TABLE 180         SOUTH KOREA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           303

TABLE 181         SOUTH KOREA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           303

9.4.6      AUSTRALIA       304

9.4.6.1   Requirements for food and beverages to pass through hazard analysis schemes to drive market        304

TABLE 182         AUSTRALIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)  305

TABLE 183         AUSTRALIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)  306

TABLE 184         AUSTRALIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION) 306

TABLE 185         AUSTRALIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION) 307

TABLE 186         AUSTRALIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           307

TABLE 187         AUSTRALIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           307

9.4.7      SINGAPORE      308

9.4.7.1   Implementation of standardized guidelines to decarbonize power sector to facilitate market growth     308

TABLE 188         SINGAPORE: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)  309

TABLE 189         SINGAPORE: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)  310

TABLE 190         SINGAPORE: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION) 310

TABLE 191         SINGAPORE: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION) 311

TABLE 192         SINGAPORE: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           311

TABLE 193         SINGAPORE: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           311

9.4.8      THAILAND        312

9.4.8.1   Rise in telecom operations to boost demand for testing and certification services              312

TABLE 194         THAILAND: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)             313

TABLE 195         THAILAND: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)             314

TABLE 196         THAILAND: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION) 314

TABLE 197         THAILAND: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION) 315

TABLE 198         THAILAND: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           315

TABLE 199         THAILAND: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           315

9.4.9      INDONESIA       316

9.4.9.1   Requirement for medical devices to obtain Halal certification to augment market growth   316

TABLE 200         INDONESIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)  317

TABLE 201         INDONESIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)  318

TABLE 202         INDONESIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION) 318

TABLE 203         INDONESIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION) 319

TABLE 204         INDONESIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           319

TABLE 205         INDONESIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           319

9.4.10    MALAYSIA         320

9.4.10.1 Increased demand for advanced data analytics technologies to drive market              320

TABLE 206         MALAYSIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)             321

TABLE 207         MALAYSIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)             322

TABLE 208         MALAYSIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION) 322

TABLE 209         MALAYSIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION) 323

TABLE 210         MALAYSIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           323

TABLE 211         MALAYSIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           323

9.4.11    VIETNAM          324

9.4.11.1 Requirement for cosmetics importers and exporters to adhere to safety regulations to fuel market growth         324

TABLE 212         VIETNAM: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)             325

TABLE 213         VIETNAM: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)             326

TABLE 214         VIETNAM: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2020–2023 (USD MILLION)             326

TABLE 215         VIETNAM: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2024–2029 (USD MILLION)             327

TABLE 216         VIETNAM: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           327

TABLE 217         VIETNAM: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           327

9.4.12    TAIWAN             328

9.4.12.1 Reliance on digital solutions to strengthen healthcare systems to accelerate market growth   328

TABLE 218         TAIWAN: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)             329

TABLE 219         TAIWAN: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)             330

TABLE 220         TAIWAN: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2020–2023 (USD MILLION)             330

TABLE 221         TAIWAN: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2024–2029 (USD MILLION)             331

TABLE 222         TAIWAN: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           331

TABLE 223         TAIWAN: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           331

9.4.13    HONG KONG    332

9.4.13.1 Introduction of schemes to ensure safety and performance of lighting products to propel market      332

TABLE 224         HONG KONG: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)  333

TABLE 225         HONG KONG: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)  334

TABLE 226         HONG KONG: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION) 334

TABLE 227         HONG KONG: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION) 335

TABLE 228         HONG KONG: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           335

TABLE 229         HONG KONG: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           335

9.4.14    BANGLADESH  336

9.4.14.1 Rise in garment export to Europe and US to contribute to market growth 336

TABLE 230         BANGLADESH: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)  337

TABLE 231         BANGLADESH: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)  338

TABLE 232         BANGLADESH: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION) 338

TABLE 233         BANGLADESH: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION) 339

TABLE 234         BANGLADESH: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           339

TABLE 235         BANGLADESH: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           339

9.4.15    PHILIPPINES     340

9.4.15.1 Development of online product certification services to foster market growth              340

TABLE 236         PHILIPPINES: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)  341

TABLE 237         PHILIPPINES: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)  342

TABLE 238         PHILIPPINES: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION) 342

TABLE 239         PHILIPPINES: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION) 343

TABLE 240         PHILIPPINES: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           343

TABLE 241         PHILIPPINES: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           343

9.4.16    REST OF ASIA PACIFIC  344

TABLE 242         REST OF ASIA PACIFIC: TESTING, INSPECTION, AND CERTIFICATION MARKET,  BY APPLICATION, 2020–2023 (USD MILLION)              344

TABLE 243         REST OF ASIA PACIFIC: TESTING, INSPECTION, AND CERTIFICATION MARKET,  BY APPLICATION, 2024–2029 (USD MILLION)              345

TABLE 244         REST OF ASIA PACIFIC: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION) 345

TABLE 245         REST OF ASIA PACIFIC: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION) 346

TABLE 246         REST OF ASIA PACIFIC: TESTING, INSPECTION, AND CERTIFICATION MARKET,  BY SOURCING TYPE, 2020–2023 (USD MILLION)              346

TABLE 247         REST OF ASIA PACIFIC: TESTING, INSPECTION, AND CERTIFICATION MARKET,  BY SOURCING TYPE, 2024–2029 (USD MILLION)              346

9.5         ROW     347

9.5.1      RECESSION IMPACT ON MARKET IN ROW          347

FIGURE 50         ROW: RECESSION IMPACT ANALYSIS    347

FIGURE 51         ROW: TESTING, INSPECTION, AND CERTIFICATION MARKET SNAPSHOT        348

TABLE 248         ROW: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY REGION,  2020–2023 (USD MILLION)             348

TABLE 249         ROW: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY REGION,  2024–2029 (USD MILLION)             349

TABLE 250         ROW: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)   349

TABLE 251         ROW: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)   350

TABLE 252         ROW: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2020–2023 (USD MILLION)  350

TABLE 253         ROW: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2024–2029 (USD MILLION)  351

TABLE 254         ROW: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE,  2020–2023 (USD MILLION)            351

TABLE 255         ROW: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE,  2024–2029 (USD MILLION)            351

9.5.2      SOUTH AMERICA           352

TABLE 256         SOUTH AMERICA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)       352

TABLE 257         SOUTH AMERICA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)       353

9.5.2.1   Brazil     353

9.5.2.1.1 Increasing production and import of medical equipment to drive market 353

TABLE 258         BRAZIL: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2020–2023 (USD MILLION)             354

TABLE 259         BRAZIL: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION,  2024–2029 (USD MILLION)             355

TABLE 260         BRAZIL: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2020–2023 (USD MILLION)             355

TABLE 261         BRAZIL: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE,  2024–2029 (USD MILLION)             356

TABLE 262         BRAZIL: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE,  2020–2023 (USD MILLION)        356

TABLE 263         BRAZIL: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE,  2024–2029 (USD MILLION)        356

9.5.2.2   Argentina            357

9.5.2.2.1 Rising export of soy-derived products to boost demand for TIC services  357

TABLE 264         ARGENTINA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)  358

TABLE 265         ARGENTINA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)  359

TABLE 266         ARGENTINA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION) 359

TABLE 267         ARGENTINA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION) 360

TABLE 268         ARGENTINA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           360

TABLE 269         ARGENTINA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           360

9.5.2.3   Peru      361

9.5.2.3.1 Growing export of mining and agricultural products to fuel market growth              361

9.5.2.4   Chile      361

9.5.2.4.1 Increasing requirement for imported products to undergo certification tests to propel market      361

9.5.2.5   Colombia             362

9.5.2.5.1 Growing popularity of medical tourism to accelerate adoption of TIC services in healthcare            362

9.5.2.6   Venezuela            362

9.5.2.6.1 Increasing requirement for food product inspection and certification to foster market growth     362

9.5.2.7   Ecuador 363

9.5.2.7.1 Rising emphasis on quality assurance of exported products to propel market              363

9.5.2.8   Dominican Republic          363

9.5.2.8.1 Mounting investment in oil & gas facilities to boost demand for TIC services              363

9.5.2.9   Central America  364

9.5.2.9.1 Increasing development of certified medicines to accelerate adoption of TIC services  364

9.5.2.10 Rest of South America       364

9.5.3      MIDDLE EAST & AFRICA             365

TABLE 270         MIDDLE EAST & AFRICA: TESTING, INSPECTION, AND CERTIFICATION MARKET,  BY COUNTRY, 2020–2023 (USD MILLION)    365

TABLE 271         MIDDLE EAST & AFRICA: TESTING, INSPECTION, AND CERTIFICATION MARKET,  BY COUNTRY, 2024–2029 (USD MILLION)    366

9.5.3.1   Saudi Arabia        366

9.5.3.1.1 Increasing number of oil reserves to create growth opportunities for TIC service providers             366

TABLE 272         SAUDI ARABIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2020–2023 (USD MILLION)  368

TABLE 273         SAUDI ARABIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)  369

TABLE 274         SAUDI ARABIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION) 369

TABLE 275         SAUDI ARABIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION) 370

TABLE 276         SAUDI ARABIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2020–2023 (USD MILLION)           370

TABLE 277         SAUDI ARABIA: TESTING, INSPECTION, AND CERTIFICATION MARKET, BY SOURCING TYPE, 2024–2029 (USD MILLION)           370

9.5.3.2   Iran        371

9.5.3.2.1 Increasing need to ensure quality of imported goods to boost demand for certification services          371

9.5.3.3   Iraq        371

9.5.3.3.1 Booming infrastructure and housing sector to bolster adoption of TIC services              371

9.5.3.4   UAE      372

9.5.3.4.1 Presence of well-established oil & gas industry to foster market growth    372

9.5.3.5   Qatar     372

9.5.3.5.1 Burgeoning export of liquefied natural gas to boost requirement for TIC services              372

9.5.3.6   Oman    373

9.5.3.6.1 Growing emphasis on expanding oil & petroleum refining facilities to contribute to market growth 373

9.5.3.7   Bahrain  373

9.5.3.7.1 Rising implementation of mandates related to pharmaceutical devices to accelerate market growth     373

9.5.3.8   South Africa        374

9.5.3.8.1 Increasing export of gold and natural resources to expedite market growth              374

9.5.3.9   Egypt     375

9.5.3.9.1 Stringent import regulations to fuel demand for TIC services     375

9.5.3.10 Morocco 376

9.5.3.10.1            Rising focus on conformity assessment of industrial products to fuel market growth     376

9.5.3.11 Kuwait   377

9.5.3.11.1            Growing need for quality control in railway projects to augment demand for TIC services   377

9.5.3.12 Algeria   377

9.5.3.12.1            Shifting preference from hydrocarbon to renewable energy to contribute to market growth 377

9.5.3.13 Rest of Middle East & Africa            378

10          COMPETITIVE LANDSCAPE       379

10.1       OVERVIEW        379

10.2       STRATEGIES ADOPTED BY KEY PLAYERS           379

TABLE 278         OVERVIEW OF STRATEGIES DEPLOYED BY KEY MID- AND HIGH-LEVEL TESTING, INSPECTION, AND CERTIFICATION SERVICE PROVIDERS       379

10.2.1    SERVICE PORTFOLIO    381

10.2.2    REGIONAL FOCUS         381

10.2.3    STRATEGIC DEVELOPMENTS/PARTNERSHIPS/ MERGERS, AND ACQUISITIONS 381

10.2.4    SERVICE LAUNCHES/OTHER DEVELOPMENTS 381

10.3       REVENUE ANALYSIS OF TOP COMPANIES          381

FIGURE 52        FIVE-YEAR REVENUE ANALYSIS OF TOP 5 PLAYERS IN TESTING, INSPECTION, AND CERTIFICATION MARKET, 2019–2023 382

10.4       MARKET SHARE ANALYSIS         382

TABLE 279         DEGREE OF COMPETITION IN TESTING, INSPECTION, AND CERTIFICATION MARKET, 2023 382

FIGURE 53         INDUSTRY CONCENTRATION, 2023       383

10.5       MARKET CAPITALIZATION AND FINANCIAL METRICS  385

FIGURE 54         COMPANY VALUATION, 2023 (USD BILLION)     385

FIGURE 55         FINANCIAL METRICS (EV/EBITDA), 2023            385

10.6       BRAND/PRODUCT COMPARISON          386

FIGURE 56         BRAND/PRODUCT COMPARISON          386

10.7       COMPANY EVALUATION MATRIX: KEY PLAYERS            387

FIGURE 57         TESTING, INSPECTION, AND CERTIFICATION MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 387

10.7.1    STARS  388

10.7.2    PERVASIVE PLAYERS     388

10.7.3    EMERGING LEADERS    388

10.7.4    PARTICIPANTS 388

10.7.5    COMPANY FOOTPRINT 388

TABLE 280         TESTING, INSPECTION, AND CERTIFICATION MARKET: COMPANY FOOTPRINT 388

TABLE 281         COMPANY APPLICATION FOOTPRINT  389

TABLE 282         COMPANY REGION FOOTPRINT             390

10.8       COMPANY EVALUATION MATRIX: STARTUPS/SMES      390

FIGURE 58         TESTING, INSPECTION, AND CERTIFICATION: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 391

10.8.1    PROGRESSIVE COMPANIES       392

10.8.2    RESPONSIVE COMPANIES          392

10.8.3    DYNAMIC COMPANIES 392

10.8.4    STARTING BLOCKS       392

10.8.5    COMPETITIVE BENCHMARKING            392

TABLE 283         TESTING, INSPECTION, AND CERTIFICATION MARKET: KEY STARTUPS/SMES           392

TABLE 284         TESTING, INSPECTION, AND CERTIFICATION MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES         393

10.9       COMPETITIVE SCENARIO          393

10.9.1    TESTING, INSPECTION, AND CERTIFICATION MARKET 393

10.9.1.1 Service launches  393

TABLE 285         TESTING, INSPECTION, AND CERTIFICATION MARKET: SERVICE LAUNCHES, MARCH 2020– SEPTEMBER 2023    394

10.9.1.2 Deals     402

TABLE 286        TESTING, INSPECTION, AND CERTIFICATION MARKET: DEALS, JANUARY 2020– DECEMBER 2023             403

10.9.1.3 Expansions          437

TABLE 287         TESTING, INSPECTION, AND CERTIFICATION MARKET: EXPANSIONS, MARCH 2020–DECEMBER 2023      437

10.9.1.4 Other developments          444

TABLE 288         TESTING, INSPECTION, AND CERTIFICATION MARKET: OTHER DEVELOPMENTS, JANUARY 2020–NOVEMBER 2023         444

11          COMPANY PROFILES    446

(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *

11.1       KEY PLAYERS   446

11.1.1    SGS SA  446

TABLE 289         SGS SA: COMPANY OVERVIEW  446

FIGURE 59         SGS SA: COMPANY SNAPSHOT  447

TABLE 290         SGS SA: PRODUCTS/SOLUTIONS/SERVICES OFFERED   447

TABLE 291         SGS SA: SOLUTION/SERVICE LAUNCHES            449

TABLE 292         SGS SA: DEALS  450

TABLE 293         SGS SA: EXPANSIONS    459

TABLE 294         SGS SA: OTHER DEALS/DEVELOPMENTS            462

11.1.2    BUREAU VERITAS          464

TABLE 295         BUREAU VERITAS: COMPANY OVERVIEW           464

FIGURE 60         BUREAU VERITAS: COMPANY SNAPSHOT          465

TABLE 296         BUREAU VERITAS: PRODUCTS/SOLUTIONS/SERVICES OFFERED          465

TABLE 297         BUREAU VERITAS: SOLUTION/SERVICE LAUNCHES       470

TABLE 298         BUREAU VERITAS: DEALS          471

11.1.3    INTERTEK GROUP PLC 474

TABLE 299         INTERTEK GROUP PLC: COMPANY OVERVIEW 474

FIGURE 61         INTERTEK GROUP PLC: COMPANY SNAPSHOT 475

TABLE 300         INTERTEK GROUP PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED          475

TABLE 301         INTERTEK GROUP PLC: SOLUTION/SERVICE LAUNCHES              478

TABLE 302         INTERTEK GROUP PLC: DEALS 479

TABLE 303         INTERTEK GROUP PLC: EXPANSIONS    481

TABLE 304         INTERTEK GROUP PLC: OTHERS            482

11.1.4    TÜV SÜD           484

TABLE 305         TÜV SÜD: COMPANY OVERVIEW            484

FIGURE 62         TÜV SÜD: COMPANY SNAPSHOT           485

TABLE 306         TÜV SÜD: PRODUCTS/SOLUTIONS/SERVICES OFFERED              485

TABLE 307         TÜV SÜD: SOLUTION/SERVICE LAUNCHES        489

TABLE 308         TÜV SÜD: DEALS           489

TABLE 309         TÜV SÜD: EXPANSIONS 491

TABLE 310         TÜV SÜD: OTHERS        492

11.1.5    DNV GL             494

TABLE 311         DNV GL: COMPANY OVERVIEW 494

FIGURE 63         DNV GL: COMPANY SNAPSHOT 495

TABLE 312         DNV GL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 495

TABLE 313         DNV GL: SOLUTIONS/SERVICES LAUNCHES      497

TABLE 314         DNV GL: DEALS             498

TABLE 315         DNV GL: EXPANSIONS  504

11.1.6    TÜV RHEINLAND           506

TABLE 316         TÜV RHEINLAND: COMPANY OVERVIEW           506

FIGURE 64         TÜV RHEINLAND: COMPANY SNAPSHOT           507

TABLE 317         TÜV RHEINLAND: PRODUCTS/SOLUTIONS/SERVICES OFFERED          507

TABLE 318         TÜV RHEINLAND: SOLUTION/SERVICE LAUNCHES       509

TABLE 319         TÜV RHEINLAND: DEALS           509

TABLE 320         TÜV RHEINLAND: EXPANSIONS 511

TABLE 321         TÜV RHEINLAND: OTHERS        512

11.1.7    DEKRA 513

TABLE 322         DEKRA: COMPANY OVERVIEW  513

FIGURE 65         DEKRA: COMPANY SNAPSHOT 514

TABLE 323         DEKRA: PRODUCTS/SOLUTIONS/SERVICES OFFERED   514

TABLE 324         DEKRA: SOLUTION/SERVICE LAUNCHES            517

TABLE 325         DEKRA: DEALS 518

TABLE 326         DEKRA: EXPANSIONS    520

11.1.8    EUROFINS SCIENTIFIC  522

TABLE 327         EUROFINS SCIENTIFIC: COMPANY OVERVIEW  522

FIGURE 66         EUROFINS SCIENTIFIC: COMPANY SNAPSHOT  522

TABLE 328         EUROFINS SCIENTIFIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED          523

TABLE 329         EUROFINS SCIENTIFIC: SOLUTION/SERVICE LAUNCHES              526

TABLE 330         EUROFINS SCIENTIFIC: DEALS  526

11.1.9    APPLUS+           528

TABLE 331         APPLUS+: COMPANY OVERVIEW            528

FIGURE 67         APPLUS+: COMPANY SNAPSHOT           529

TABLE 332         APPLUS+: SOLUTIONS/SERVICES OFFERED       529

TABLE 333         APPLUS+: SOLUTION/SERVICE LAUNCHES        531

TABLE 334         APPLUS+: DEALS           532

TABLE 335         APPLUS+: EXPANSIONS 534

11.1.10  ALS       535

TABLE 336         ALS: COMPANY OVERVIEW        535

FIGURE 68         ALS: COMPANY SNAPSHOT       536

TABLE 337         ALS: PRODUCTS/SOLUTIONS/SERVICES OFFERED         536

TABLE 338         ALS: SOLUTION/SERVICE LAUNCHES    538

TABLE 339         ALS: DEALS       538

11.1.11  TÜV NORD GROUP        540

TABLE 340         TÜV NORD GROUP: COMPANY OVERVIEW        540

FIGURE 69         TÜV NORD GROUP: COMPANY SNAPSHOT        541

TABLE 341         TÜV NORD GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED          541

TABLE 342         TÜV NORD GROUP: SOLUTION/SERVICE LAUNCHES    544

TABLE 343         TÜV NORD GROUP: DEALS        545

11.1.12  LLOYD’S REGISTER GROUP SERVICES LIMITED 546

TABLE 344         LLOYD’S REGISTER GROUP SERVICES LIMITED: COMPANY OVERVIEW        546

TABLE 345         LLOYD’S REGISTER GROUP SERVICES LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED   546

TABLE 346         LLOYD’S REGISTER GROUP SERVICES LIMITED: SOLUTION/SERVICE LAUNCHES            548

TABLE 347         LLOYD’S REGISTER GROUP SERVICES LIMITED: DEALS 549

11.1.13  MISTRAS GROUP            551

TABLE 348         MISTRAS GROUP: COMPANY OVERVIEW            551

FIGURE 70         MISTRAS GROUP: COMPANY SNAPSHOT            552

TABLE 349         MISTRAS GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED          552

TABLE 350         MISTRAS GROUP: SOLUTION/SERVICE LAUNCHES        554

11.1.14  ELEMENT MATERIALS TECHNOLOGY   555

TABLE 351         ELEMENT MATERIALS TECHNOLOGY: COMPANY OVERVIEW              555

TABLE 352         ELEMENT MATERIALS TECHNOLOGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED   556

TABLE 353         ELEMENT MATERIALS TECHNOLOGY: SOLUTION/SERVICE LAUNCHES       558

TABLE 354         ELEMENT MATERIALS TECHNOLOGY: DEALS   558

TABLE 355         ELEMENT MATERIALS TECHNOLOGY: EXPANSIONS     561

11.1.15  UL LLC 562

TABLE 356         UL LLC: COMPANY OVERVIEW 562

TABLE 357         UL LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED  562

TABLE 358         UL LLC: SOLUTION/SERVICE LAUNCHES           564

TABLE 359         UL LLC: DEALS 566

TABLE 360         UL LLC: EXPANSIONS   570

11.2       OTHER PLAYERS           572

11.2.1    APAVE 572

11.2.2    IRCLASS             573

11.2.3    NORMEC QS      573

11.2.4    THOMAS BELL-WRIGHT INTERNATIONAL CONSULTANTS        574

11.2.5    HOHENSTEIN   574

11.2.6    ASTM   575

11.2.7    VDE PRÜF- UND ZERTIFIZIERUNGSINSTITUT GMBH     575

11.2.8    KEYSTONE COMPLIANCE          576

11.2.9    WASHINGTON LABORATORIES, LTD.    577

11.2.10  FORCE TECHNOLOGY  578

11.2.11  KIWA INSPECTA             579

11.2.12  RINA S.P.A.        579

11.2.13  TECHNICKÁ INŠPEKCIA, A.S.     580

11.2.14  TÜRK LOYDU   580

11.2.15  SAFETY ASSESSMENT FEDERATION(SAFED)      581

11.2.16  PRIME GROUP  581

11.2.17  HV TECHNOLOGIES INC.           582

11.2.18  CORE LABORATORIES  583

11.2.19  NCML   583

11.2.20  AMSPEC GROUP            584

11.2.21  ASUREQUALITY             585

11.2.22  MEDISTRI SA     586

11.2.23  INOTIV 587

11.2.24  GATEWAY ANALYTICAL             588

11.2.25  GULF INSPECTION INTERNATIONAL CO.           589

11.2.26  NIPPON KAIJI KENTEI KYOKAI  590

11.2.27  HUMBER INSPECTION INTERNATIONAL LTD.  591

11.2.28  NQA      592

11.2.29  BALTIC CONTROL         593

11.2.30  BRITISH STANDARDS INSTITUTE           594

11.2.31  OPUS GROUP AB            594

11.2.32  TEAM INC.         595

11.2.33  FAVARETO SA  595

11.2.34  LENOR GROUP 596

11.2.35  COTECNA         597

*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.

12          APPENDIX         598

12.1       INSIGHTS FROM INDUSTRY EXPERTS   598

12.2       DISCUSSION GUIDE      599

12.3       KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             602

12.4       CUSTOMIZATION OPTIONS      604

12.5       RELATED REPORTS       604

12.6       AUTHOR DETAILS         605

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