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Europe Testing, Inspection and Certification Market to 2030
Market Overview
The Europe testing, inspection, and certification market was valued at USD 56.22 billion in 2019 which is expected to reach USD 76.56 billion by 2030 at a CAGR 4.5%.
The testing, inspection, and certification market consists of conformity assessment bodies which offer services ranging from auditing, inspection, to testing, quality assurance, and certification. Recently, Germany is dominating the Europe testing, inspection and certification market which expected to propel the demand for testing, inspection, and certification services in Europe. The Europe has highly industrialized and leading industries including automotive, electronics, as well as food & beverages industry will have the positive impact on market.
Market Drivers
Increase in developments in Consumer Goods & Retail segment in Europe expected to hold Major Share:
Due to rise in competition in Europe from new markets and increase in demand for quality from consumers, and quality assurance are important for consumers. Most of the consumer goods and retail services make use of inspection, testing, and certification services. Companies based in UK are adapting to changed rules regarding activities in the area of testing, inspection, and certification.
Increase in technological advancements and adoption of IoT (Internet of Things) will have the positive impact on market growth during this forecast period.
Market Restraints
Lack of Internationally Accepted Standards and regulations among Various Geographies:
Lack of internationally accepted standards and regulations is major challenging factor which expected to hinder the market growth. Various countries have their own rules and regulation standards. This factors influences the decision making of the manufacturer whether to export or not to a given country Standards, rules and regulations vary between different types of products and services. Meeting the international standards often results in a raised cost, as it is likely to lead to changing of design of a particular product or service.
Market Segmentation
Europe Testing, Inspection and Certification Market segmented into service type such as Certification, Inspection, and Testing, by Source such as Outsourced, and In-house. Further, market is segmented into end user such as Healthcare & Pharmaceutical, Food & Beverages, Consumer Good & Retail, Energy & Power, Manufacturing & Construction, and Others.
Also, Europe Testing, Inspection and Certification Market is segmented into various countries such as Germany, UK, France, Turkey, Switzerland, Norway, Sweden, Spain, Italy, Denmark, Finland, Iceland, Poland, Luxembourg, Netherlands, and Belgium.
Market Key Players
Various key players are discussed in this report such as SGS SA, TUV SUD Limited, Applus Services Ltd, Bureau Veritas SA, Intertek Group PLC, ALS Limited, DNV GL, and
DEKRA Automobil GmbH
Key Takeaways
• Increase in trend of Testing, Inspection, and Certification services being outsourced; the independent TIC organizations in the region, considering the presence of industrial control and smart equipments manufacturers in Europe.
• Advanced Technologies such as Big Data, Industry 4.0, Artificial Intelligence, Blockchain, and Collaborative Social business are anticipated to positively impact the testing, inspection, and Certification, market.
Market Taxonomy
By Service Type
• Certification
• Inspection
• Testing
By Source
• Outsourced
• In-house
By End User
• Healthcare & Pharmaceutical
• Food & Beverages
• Consumer Good & Retail
• Energy & Power
• Manufacturing & Construction
• Others
By Country
• Germany
• UK
• France
• Turkey
• Switzerland
• Norway
• Sweden
• Spain
• Italy
• Denmark
• Finland
• Iceland
• Poland
• Luxembourg
• Netherlands
• Belgium
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EUROPE Testing, Inspection, and Certification Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 EUROPE Testing, Inspection, and Certification Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 EUROPE Testing, Inspection, and Certification Market, By Service Type
5.1 Y-o-Y Growth Comparison, By Service Type
5.2 EUROPE Testing, Inspection, and Certification Market Share Analysis, By Service Type
5.3 EUROPE Testing, Inspection, and Certification Market Size and Forecast, By Service Type
5.3.1 Certification
5.3.2 Inspection
5.3.3 Testing
6 Global Testing, Inspection, and Certification Market , By Source
6.1 Y-o-Y Growth Comparison, By Source
6.2 EUROPE Testing, Inspection, and Certification Market Share Analysis, By Source
6.3 EUROPE Testing, Inspection, and Certification Market Size and Forecast, By Source
6.3.1 Outsourced
6.3.2 In- House
7 EUROPE Testing, Inspection, and Certification Market, By End User
7.1 Y-o-Y Growth Comparison, By End User
7.2 EUROPE Testing, Inspection, and Certification Market Share Analysis, By End User
7.3 EUROPE Testing, Inspection, and Certification Market Size and Forecast, By End User
7.3. 1 Healthcare & Pharmaceutical
7.3.2 Food & Beverages
7.3.3 Consumer Goods and Retail
7.3.4 Energy & Power
7.3.5 Manufacturing & Construction
7.3.6Others
8 Testing, Inspection, and Certification Market, By Region
8.1Testing, Inspection, and Certification Market Share Analysis, By EUROPE
8.2 Testing, Inspection, and Certification Market Share Analysis, By EUROPE
8.3 Testing, Inspection, and Certification Market Size and Forecast, By EUROPE
9EUROPE Testing, Inspection, and Certification Market Analysis and Forecast (2019 – 2030)
9.1 Introduction
9.2 EUROPE Testing, Inspection, and Certification Market Share Analysis, By Service Type
9.3 EUROPE Testing, Inspection, and Certification Market Size and Forecast, By Source
9.4 EUROPE Testing, Inspection, and Certification Market Size and Forecast, By End User
9.5 EUROPE Testing, Inspection, and Certification Market Size and Forecast, By Country
9.5.1 Germany
9.5.2 UK
9.5.3 France
9.5.4. Turkey
9.5.5Switerland
9.5.6Norway
9.5.7Sweden
9.5.8Spain
9.5.9Italy
9.5.10Denmark
9.5.11Finland
9.5.12 Iceland
9.5.13Poland
9.5.14 Luxembourg
9.5.15 Netherlands
9.5.17Belguim
10Competitive Analysis
10.1 Competition Dashboard
10.2 Market share Analysis of Top Vendors
10.3 Key Development Strategies
11Company Profiles
11.1 ALS Limited
11.1.1 Overview
11.1.2 Offerings
11.1.3 Key Financials
11.1.4 Business Segment & Geographic Overview
11.1.5 Key Market Developments
11.1.6 Key Strategies
11.2 Applus Services SA
11.2.1 Overview
11.2.2 Offerings
11.2.3 Key Financials
11.2.4 Business Segment & Geographic Overview
11.2.5 Key Market Developments
11.2.6 Key Strategies
11.3 Bureau Veritas
11.3.1 Overview
11.3.2 Offerings
11.3.3 Key Financials
11.3.4 Business Segment & Geographic Overview
11.3.5 Key Market Developments
11.3.6 Key Strategies
11.4 DEKRA Automobil GmbH
11.4.1 Overview
11.4.2 Offerings
11.4.3 Key Financials
11.4.4 Business Segment & Geographic Overview
11.4.5 Key Market Developments
11.4.6 Key Strategies
11.5 DNV GL
11.5.1 Overview
11.5.2 Offerings
11.5.3 Key Financials
11.5.4 Business Segment & Geographic Overview
11.5.5 Key Market Developments
11.5.6 Key Strategies
11.6 Eurofins Group
11.6.1 Overview
11.6.2 Offerings
11.6.3 Key Financials
11.6.4 Business Segment & Geographic Overview
11.6.5 Key Market Developments
11.6.6 Key Strategies
11.7 Intertek Group plc
11.7.1 Overview
11.7.2 Offerings
11.7.3 Key Financials
11.7.4 Business Segment & Geographic Overview
11.7.5 Key Market Developments
11.7.6 Key Strategies
11.8 SGS SA
11.8.1 Overview
11.8.2 Offerings
11.8.3 Key Financials
11.8.4 Business Segment & Geographic Overview
11.8.5 Key Market Developments
11.8.6 Key Strategies
11.9 TÜV Rheinland AG
11.9.1 Overview
11.9.2 Offerings
11.9.3 Key Financials
11.9.4 Business Segment & Geographic Overview
11.9.5 Key Market Developments
11.9.6 Key Strategies
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