The global testing, inspection, and certification market is anticipated to grow at a considerable CAGR of 6.9% during the forecast period. The factor that drives the market is due to the key companies operating in the industry that are highly inclined towards the adoption of different growth strategies such as new product launches, and product innovation to remain competitive in the market. For instance, in November 2021, Lloyd’s Register (LR) established an Artificial Intelligence (AI) Register, a standardized digital register of LR-certified AI providers and solutions, a first of its kind for the maritime industry. The AI Register will assist maritime stakeholders in discovering appropriate providers and solutions for business challenges, minimizing the risk and cost of investing in AI technology. AI providers can also utilize the register to evaluate existing technology and solutions from the market.
Furthermore, in September 2021, DEKRA expanded its cybersecurity service portfolio by adding new testing and certification services according to the ETSI EN 303 645 standards. This cybersecurity standard has been developed by the European Standards Organization—ETSI. It is the globally applicable cybersecurity standard for consumer IoT devices that establishes a common baseline that protects security and privacy best practices. DEKRA holds a solid experience in cybersecurity and utilizes innovative processes, supporting manufacturers to demonstrate secured products and solutions.
Apart from this, in June 2021, SGS established online alpaca fleece testing services in New Zealand, committed to the specific requirements of breeders and farmers. With this service offering, the company not only permits the buyers and sellers to achieve their desired quality and quantity certainly and also assists its customers in efficiently selecting animals that have the potential to produce the finest quality fiber.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
Segment Covered-
- By Sourcing Type
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- including DNV Group AS, UL LLC, Bureau Veritas, SGS SA, Intertek Group plc, ALS Ltd., and others.
Testing, Inspection, and Certification Market Report Segment
By Sourcing Type
- In-House Sourcing
- Outsourced
By Application
- Consumer Goods & Retails
- Agriculture & Food
- Chemicals
- Oil & Gas
- Manufacturing
- Others (IT & Telecommunication, and Automotive)
A full Report of Testing, Inspection, and Certification Market is Available @ https://www.omrglobal.com/industry-reports/testing-inspection-and-certification-market
Testing, Inspection, and Certification Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- ALS Ltd.
- Applus+ Servicios Tecnológicos, S.L
- Element Materials Technology Group Ltd.
- Eurofins Scientific
- Hohenstein Laboratories GmbH & Co. KG
- Intertek Group plc
- IRClass Systems and Solutions Pvt. Ltd.
- Kiwa
- Lloyd’s Register Group Services Ltd.
- MISTRAS Group
- SAI Global Pty Ltd.
- The British Standards Institution
- TÜV NORD GROUP
- TÜV Rheinland
- TÜV SÜD AG
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