Europe Testing, Inspection & Certification Market to 2027 - By Size, Share, Growth by End User and Forecast| Business Market Insights

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:

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Europe Testing, Inspection & Certification Strategic Insights

Strategic insights for the Europe Testing, Inspection & Certification provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Europe Testing, Inspection & Certification Report Scope

Report Attribute	Details
Market size in 2018	US$ 69.10 Billion
Market Size by 2027	US$ 104.85 Billion
Global CAGR (2018 - 2027)	4.9%
Historical Data	2016-2017
Forecast period	2019-2027
Segments Covered	By Sourcing type In-House service Outsourced Services By Service Type Testing Inspection Certification By End-User Food & Beverage Healthcare & Pharmaceutical Consumer Goods & Retail Energy & Power Manufacturing & Construction
Regions and Countries Covered	Europe UK Germany France Russia Italy Rest of Europe
Market leaders and key company profiles	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

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Europe Testing, Inspection & Certification Regional Insights

The geographic scope of the Europe Testing, Inspection & Certification refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.