Europe Testing, Inspection and Certification Market Insights Report Overview
The Europe Testing, Inspection & Certification market is projected to grow at a CAGR of around 4.5% during the forecast period, i.e., 2023-28.
Our report offers a thorough examination of the landscape, providing valuable data, impartial analysis, and strategic insights to drive informed decision-making.
Report’s Study Period:
- Historical Period: 2018-21
- Base Year: 2022
- Forecasting Period: 2023-28
We accurately gather data from primary and secondary sources, capturing the industry’s historical fluctuations and trends, including market dynamics, consumer behavior, manufacturing insights, and more. Leveraging this data alongside the base year information, we project the industry’s trajectory into the future.
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Industry Driving Factor:
High Product Recalls to Augment the Market Expansion
The product recall activities across major markets, like automotive, pharmaceutical, etc., have enriched during 2018-22. As per Sedgwick’s European State of the Nation Recall Index report 2023, around 10,545 product recalls in 2022, a 4.3% increase over 2021. Owing to this, companies across various sectors, such as consumer products, electronics, and several others, highly relied on TIC services for validating product quality & making sure that they comply with regulatory standards, thereby avoiding recalls.
Segmentation Summary: Europe Testing, Inspection and Certification Market
Our report delves into the intricate segmentation of the Europe Testing, Inspection and Certification Market, providing insights into each subdivision’s trajectory, trends, and advancements. This analysis empowers stakeholders to navigate the industry landscape with precision, understanding the nuances of each segment.
By Service Type
-Testing Services- Market Size & Forecast 2018-2028, USD Million
-Inspection Services- Market Size & Forecast 2018-2028, USD Million
-Certification Services- Market Size & Forecast 2018-2028, USD Million
By Sourcing Type
-In-House Sourcing- Market Size & Forecast 2018-2028, USD Million
-Outsourced Sourcing- Market Size & Forecast 2018-2028, USD Million
By End User
-Consumer Good and Retail – Market Size & Forecast 2018-2028, USD Million
-Automotive – Market Size & Forecast 2018-2028, USD Million
-Food and Agriculture – Market Size & Forecast 2018-2028, USD Million
-Industrial & Manufacturing – Market Size & Forecast 2018-2028, USD Million
-Energy and Power – Market Size & Forecast 2018-2028, USD Million
-Chemicals – Market Size & Forecast 2018-2028, USD Million
-Construction – Market Size & Forecast 2018-2028, USD Million
-Aerospace- Market Size & Forecast 2018-2028, USD Million
-Oil & Gas – Market Size & Forecast 2018-2028, USD Million
-Healthcare – Market Size & Forecast 2018-2028, USD Million
-Marine- Market Size & Forecast 2018-2028, USD Million
-Mining- Market Size & Forecast 2018-2028, USD Million
-IT & Telecom- Market Size & Forecast 2018-2028, USD Million
-Others
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Leading Competitive: Europe Testing, Inspection and Certification Market
- SGS Group
- Bureau Veritas
- Intertek
- Dekra
- Eurofins Scientific
- TUV SUD
- DNV GL
- TUV Rheinland
- Others
Geographical Reach:
The Digital Pathology Industry spans across various regions, each characterized by unique cultural, regulatory, and economic factors. Our regional analysis provides a comprehensive overview and forecast, considering these differences and assessing market players’ presence, consumer preferences, and more.
By Country
-The UK
-Germany
-France
-Spain
-Italy
-Rest of the Europe
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Key Focus Areas:
- What are the primary drivers and trends influencing the Europe Testing, Inspection and Certification market growth, and how is the market structured?
- How are segments within the Europe Testing, Inspection and Certification market defined, and what is the size of each segment?
- Which segments and geographical regions present the most promising growth opportunities?
- What does the competitive landscape look like, and how do key players position themselves within the market?
About Us
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.
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