Europe Testing, Inspection & Certification Market to 2027 - Regional Analysis and Forecasts By Sourcing type (In-House service and Outsourced Services); Service Type (Testing, Inspection, and Certification); and End-User (Food & Beverage, Healthcare & Pharmaceutical, Consumer Goods & Retail, Energy & Power, Manufacturing & Construction, and Others)
Publication Month: Jul 2019
Report Code: TIPRE00006283 No. of Pages: 152 Category: Manufacturing and Construction Status: Published
The Europe testing, inspection & certification market accounted for US$ 69.10 Bn in 2018 and is expected to grow at a CAGR of 4.9% over the forecast period 2018–2027, to account for US$ 104.85 Bn in 2027.
The consistent technological advancement, along with the integration of automated solutions into production and manufacturing processes, has gained attraction for numerous certification, testing, and inspection requirement. Besides, the continuous improvement in industry practice towards achieving superior levels of quality control and workplace safety continues to drive the demand for improved and efficient testing, inspection, and certification based requirements. Factors such as a rise in gross domestic product and industry value add owing to an increase in demand from end-users is also anticipated to provide a steady revenue stream for the market players during the coming years.
The existing large number of regulatory and government agencies along with trade watchdogs based institutional organization has facilitated in the seamless implementation of numerous trade practices and safety norms. Moreover, the limited inter-governmental cooperation, along with different jurisdiction restriction has resulted in the prevalence of a notably significant number of rules, certification, guidelines, and compliances related regulatory norms for various end-users. However, the recent improvement in inter-governmental cooperation through improving international trade flow along with simplification of complicated regulation has gained traction resulting in a rise in the number of outsourced and robust TIC-based regulatory guidelines. Additionally, the prominence of free trade agreements and special economic zones approved through multiple countries deal especially across emerging economies is expected to provide numerous inspection, testing, and certification based market opportunities for the market players during the coming years.
Currently, Germany is dominating the Europe testing, inspection & certification market, which in turn boost the demand for testing, inspection & certification market in Europe. The country is highly industrialized and leading industries include chemical, automotive, electronics, as well as food & beverage industry. The chemical & plastic sector of the country comprises of over 3800 companies. Further, the automotive industry of the country is the largest in terms of revenues. Moreover, Germany is also a preferred location for the production of electronic complex components. The electrical and electronic companies located in Germany produces over 100 thousand diverse products including, automation systems, household appliances, electronic medical equipment and others. This represents the high growth of company’s electronics sector, which is also one of the fastest growing sector. The presence of significant industries in the country is further anticipated to influence the testing, inspection & certification market during the forecast period. The figure given below highlights the revenue share of Rest of Europe in the Europe testing, inspection & certification market in the forecast period:
EUROPE TESTING, INSPECTION & CERTIFICATION MARKET - SEGMENTATION
Europe Testing, Inspection & Certification Market by Service Type
- Testing
- Inspection
- Certification
Europe Testing, Inspection & Certification Market by Sourcing Type
- In-house
- Outsourced
Europe Testing, Inspection & Certification Market by End-User Industry
- Food & Beverage
- Healthcare & Pharmaceutical
- Consumer Goods & Retail
- Energy & Power
- Manufacturing & Construction
- Others
Europe Testing, Inspection & Certification Market by Country
- UK
- Germany
- France
- Italy
- Russia
- Rest of Europe
Companies Mentioned
- ALS Limited
- Applus Services, SA
- Bureau Veritas
- DEKRA Automobil GmbH
- DNV GL
- Eurofins Group
- Intertek Group plc
- SGS SA
- TÜV Rheinland AG
- TÜV SÜD AG.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
2. Key Takeaways
3. Europe Testing, Inspection & Certification Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Europe Testing, Inspection & Certification Market – By Service Type
3.2.2 Europe Testing, Inspection & Certification Market – By Sourcing Type
3.2.3 Europe Testing, Inspection & Certification Market – By End-User Industry
3.2.4 Europe Testing, Inspection & Certification Market – By Country
3.3 PEST Analysis
3.3.1 Europe – PEST Analysis
3.4 Ecosystem Analysis
3.5 Expert Opinion
4. Europe Testing, Inspection & Certification Market – Key Industry Dynamics
4.1 Key Market Drivers
4.1.1 Growing popularity of technologically advanced TIC solutions among market players
4.1.2 Evolving technology and economic prosperity
4.2 Key Market Restraints
4.2.1 Increasing number of counterfeit products and lack of technical staff
4.3 Key Market Opportunities
4.3.1 Growing popularity of merger & acquisition strategy among the market players
4.4 Future Trends
4.4.1 Rise in general consensus across regulatory agencies
4.5 Impact Analysis of Drivers and Restraints
5. Europe Testing, Inspection & Certification –Market Analysis
5.1 Europe Testing, Inspection & Certification Market Overview
5.2 Europe Testing, Inspection & Certification Market Forecast and Analysis
6. Europe Testing, Inspection & Certification Market Analysis – By Sourcing Type
6.1 Overview
6.2 Europe Testing, Inspection & Certification Market Breakdown, By Sourcing Type, 2018 & 2027
6.3 In-House Service
6.3.1 Overview
6.3.2 In-House Service Market Forecasts and Analysis
6.4 Outsourced Services
6.4.1 Overview
6.4.2 Outsourced Services Market Forecasts and Analysis
7. Europe Testing, Inspection & Certification Market Analysis – By Service Type
7.1 Overview
7.2 Europe Testing, Inspection & Certification Market Breakdown, By Service Type, 2018 & 2027
7.3 Testing
7.3.1 Overview
7.3.2 Testing Market Forecasts and Analysis
7.4 Inspection
7.4.1 Overview
7.4.2 Inspection Market Forecasts and Analysis
7.5 Certification
7.5.1 Overview
7.5.2 Certification Market Forecasts and Analysis
8. Europe Testing, Inspection & Certification Market Analysis – By End-User
8.1 Overview
8.2 Europe Testing, Inspection & Certification Market Breakdown, By End-User, 2018 & 2027
8.3 Food & Beverage (F&B)
8.3.1 Overview
8.3.2 Food & Beverage Market Forecasts and Analysis
8.4 Healthcare & Pharmaceutical
8.4.1 Overview
8.4.2 Healthcare & Pharmaceutical Market Forecasts and Analysis
8.5 Consumer Goods & Retail
8.5.1 Overview
8.5.2 Consumer Goods & Retail Market Forecasts and Analysis
8.6 Energy & Power
8.6.1 Overview
8.6.2 Energy & Power Market Forecasts and Analysis
8.7 Manufacturing & Construction
8.7.1 Manufacturing & Construction Market Forecasts and Analysis
8.8 Others
8.8.1 Overview
8.8.2 Others Market Forecasts and Analysis
9. Europe Testing, Inspection & Certification Market– Country Analysis
9.1 Overview
9.1.1 Europe Testing, Inspection & Certification Market Breakdown by Sourcing Type
9.1.2 Europe Testing, Inspection & Certification Market Breakdown, by Key Countries
9.1.2.1 France Testing, Inspection & Certification Market Revenue and Forecasts to 2027 (US$ BN)
9.1.2.1.1 France Testing, Inspection & Certification Market Breakdown by Sourcing Type
9.1.2.1.2 France Testing, Inspection & Certification Market Breakdown by Service Type
9.1.2.1.3 France Testing, Inspection & Certification Market Breakdown by End-user
9.1.2.2 Germany Testing, Inspection & Certification Market Revenue and Forecasts to 2027 (US$ Bn)
9.1.2.2.1 Germany Testing, Inspection & Certification Market Breakdown by Sourcing Type
9.1.2.2.2 Germany Testing, Inspection & Certification Market Breakdown by Service Type
9.1.2.2.3 Germany Testing, Inspection & Certification Market Breakdown by End-user
9.1.2.3 Italy Testing, Inspection & Certification Market Revenue and Forecasts to 2027 (US$ BN)
9.1.2.3.1 Italy Testing, Inspection & Certification Market Breakdown by Sourcing Type
9.1.2.3.2 Italy Testing, Inspection & Certification Market Breakdown by Service Type
9.1.2.3.3 Italy Testing, Inspection & Certification Market Breakdown by End-user
9.1.2.4 U.K. Testing, Inspection & Certification Market Revenue and Forecasts to 2027 (US$ Bn)
9.1.2.4.1 U.K. Testing, Inspection & Certification Market Breakdown by Sourcing Type
9.1.2.4.2 UK Testing, Inspection & Certification Market Breakdown by Service Type
9.1.2.4.3 U.K Testing, Inspection & Certification Market Breakdown by End-User
9.1.2.5 Russia Testing, Inspection & Certification Market Revenue and Forecasts to 2027 (US$ Bn)
9.1.2.5.1 Russia Testing, Inspection & Certification Market Breakdown by Sourcing Type
9.1.2.5.2 Russia Testing, Inspection & Certification Market Breakdown by Service Type
9.1.2.5.3 Russia Testing, Inspection & Certification Market Breakdown by End-user
9.1.2.6 Rest of Europe Testing, Inspection & Certification Market Revenue and Forecasts to 2027 (US$ Bn)
9.1.2.6.1 Rest of Europe Testing, Inspection & Certification Market Breakdown by Sourcing Type
9.1.2.6.2 Rest of Europe Testing, Inspection & Certification Market Breakdown by Service Type
9.1.2.6.3 Rest of Europe Testing, Inspection & Certification Market Breakdown by End-user
10. Industry Landscape
10.1 Market Initiatives
10.2 Mergers and Acquisitions
10.3 New Developments
11. Testing, Inspection & Certification Market – Company Profile
11.1 Eurofins Scientific
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Applus Services, SA
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 ALS Limited
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 DEKRA Automobile GmbH
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 TUV SUD AG
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 TUV Rheinland AG
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 SGS AG
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Bureau Veritas SA
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Intertek Group Plc
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 DNV GL AS
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
12.3 Methodology
12.3.1 Coverage
12.3.2 Secondary Research
12.3.3 Primary Research
LIST OF TABLES
Table 1. List of Recent Mergers & Acquisitions in the Testing, Inspection & Certification Market
Table 2. Europe Testing, Inspection & Certification Market Revenue and Forecasts to 2027 (US$ Bn)
Table 3. Europe Testing, Inspection & Certification Market Revenue and Forecasts to 2027 – By Sourcing Type (US$ Bn)
Table 4. Europe Testing, Inspection & Certification Market Revenue and Forecasts to 2027 – By Service Type (US$ Bn)
Table 5. Europe Testing, Inspection & Certification Market Revenue and Forecasts to 2027 – By End-User (US$ Bn)
Table 6. Europe Testing, Inspection & Certification Market Revenue and Forecasts to 2027 – By Key Countries (US$ Bn)
Table 7. France Testing, Inspection & Certification Market Revenue and Forecasts to 2027 – By Sourcing Type (US$ Bn)
Table 8. France Testing, Inspection & Certification Market Revenue and Forecasts to 2027 – By Service Type (US$ Bn)
Table 9. France Testing, Inspection & Certification Market Revenue and Forecasts to 2027 – By End-User (US$ Bn)
Table 10. Germany Testing, Inspection & Certification Market Revenue And Forecasts To 2027 – By Sourcing Type (US$ Bn)
Table 11. Germany Testing, Inspection & Certification Market Revenue and Forecasts to 2027 – By Service Type (US$ Bn)
Table 12. Germany Testing, Inspection & Certification Market Revenue and Forecasts to 2027 – By End-User (US$ Bn)
Table 13. Italy Testing, Inspection & Certification Market Revenue and Forecasts to 2027 – By Sourcing Type (US$ Bn)
Table 14. Italy Testing, Inspection & Certification Market Revenue and Forecasts to 2027 – By Service Type (US$ Bn)
Table 15. Italy Testing, Inspection & Certification Market Revenue and Forecasts to 2027 – By End-User (US$ Bn)
Table 16. U.K. Testing, Inspection & Certification Market Revenue and Forecasts to 2027 – By Sourcing Type (US$ Bn)
Table 17. UK Testing, Inspection & Certification Market Revenue and Forecasts to 2027 – By Service Type (US$ Bn)
Table 18. U.K Testing, Inspection & Certification Market Revenue and Forecasts to 2027 – By End-User (US$ Bn)
Table 19. Russia Testing, Inspection & Certification Market Revenue and Forecasts to 2027 – By Sourcing Type (US$ Bn)
Table 20. Russia Testing, Inspection & Certification Market Revenue and Forecasts to 2027 – By Service Type (US$ Bn)
Table 21. Russia Testing, Inspection & Certification Market Revenue and Forecasts to 2027 – By End-User (US$ Bn)
Table 22. Rest Of Europe Testing, Inspection & Certification Market Revenue And Forecasts To 2027 – By Sourcing Type (US$ Bn)
Table 23. Rest Of Europe Testing, Inspection & Certification Market Revenue And Forecasts To 2027 – By Service Type (US$ Bn)
Table 24. Rest Of Europe Testing, Inspection & Certification Market Revenue And Forecasts To 2027 – By End-User (US$ Bn)
Table 25. Glossary of Term: Testing, Inspection & Certification Market
LIST OF FIGURES
Figure 1. Germany Testing, Inspection & Certification Market, By Revenue, 2018 - 2027, US$ Bn
Figure 2. Europe Testing, Inspection & Certification Market Segmentation
Figure 3. Europe Testing, Inspection & Certification Market Segmentation – By Country
Figure 4. Europe – PEST Analysis
Figure 5. Ecosystem Analysis
Figure 6. Expert Opinion
Figure 7. GDP Growth Rate of Europe and Forecast
Figure 8. Percentage of Mergers & Acquisitions across Selected End-Users, 2017 (%)
Figure 9. Europe Testing, Inspection & Certification Market Impact Analysis of Driver and Restraints
Figure 10. Europe Testing, Inspection & Certification Market Forecast and Analysis
Figure 11. Europe Testing, Inspection & Certification Market Breakdown, By Sourcing Type, 2018 & 2027 (%)
Figure 12. Europe In-House Service Market Revenue and Forecasts to 2027 (US$ Bn)
Figure 13. Europe Outsourced Services Revenue and Forecasts to 2027 (US$ Bn)
Figure 14. Europe Testing, Inspection & Certification Market Breakdown, By Service Type, 2018 & 2027 (%)
Figure 15. Europe Testing Market Revenue and Forecasts to 2027 (US$ Bn)
Figure 16. Europe Inspection Revenue and Forecasts to 2027 (US$ Bn)
Figure 17. Europe Certification Revenue and Forecasts to 2027 (US$ Bn)
Figure 18. Europe Testing, Inspection & Certification Market Breakdown, By End-User, 2018 & 2027 (%)
Figure 19. Europe Food & Beverage Market Revenue and Forecasts to 2027 (US$ Bn)
Figure 20. Europe Healthcare & Pharmaceutical Revenue and Forecasts to 2027 (US$ Bn)
Figure 21. Europe Consumer Goods & Retail Revenue and Forecasts to 2027 (US$ Bn)
Figure 22. Europe Energy & Power Revenue and Forecasts to 2027 (US$ Bn)
Figure 23. Europe Manufacturing & Construction Market Revenue and Forecasts to 2027 (US$ Bn)
Figure 24. Europe Others Revenue and Forecasts to 2027 (US$ Bn)
Figure 25. Europe Testing, Inspection & Certification Market Breakdown by Key Countries, 2018 & 2027(%)
Figure 26. France Testing, Inspection & Certification Market Revenue and Forecasts to 2027 (US$ Bn)
Figure 27. Germany Testing, Inspection & Certification Market Revenue and Forecasts to 2027 (US$ Bn)
Figure 28. Italy Testing, Inspection & Certification Market Revenue and Forecasts to 2027 (US$ Bn)
Figure 29. U.K. Testing, Inspection & Certification Market Revenue and Forecasts to 2027 (US$ Bn)
Figure 30. Russia Testing, Inspection & Certification Market Revenue and Forecasts to 2027 (US$ Bn)
Figure 31. Rest of Europe Testing, Inspection & Certification Market Revenue and Forecasts to 2027 (US$ Bn)
The List of Companies
- ALS Limited
- Applus Services, SA
- Bureau Veritas
- Dekra Automobil GmbH
- DNV GL
- Eurofins Group
- Intertek Group PLC
- SGS SA
- TÜV Rheinland AG
- TÜV SÜD AG
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe testing, inspection and certification market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Europe testing, inspection and certification market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.