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)
- THE3243790
- 152 Pages
- July 2019
- Construction & Manufacturing
The existing large number of market players, along with high market competition, has resulted in a surge in the volume of mergers and acquisition across the TIC industry. The leading market players operating in the testing, inspection & certification market have focused heavily on the merger and acquisition strategy for boosting the growth of their group revenue. Furthermore, the selected leading players in the market accounted for the majority share in the mergers & acquisition in the past decade for propelling the revenue growth of the players. Also, the strategies are projected to continue to remain popular across the leading market players during the coming years.
The Europe testing, inspection & certification market is fragmented with the presence of several industries, and the competitive dynamics in the testing, inspection & certification market is expected to change during the upcoming years. In addition to this, various initiatives are undertaken by the governmental bodies to accelerate the Europe testing, inspection & certification market further. For instance, The EU had taken several initiatives, including Smart Anything Everywhere (SAE) and ICT Innovations for Manufacturing SMEs (I4MS) for the SMEs in the region to test and implement digital innovations in their business processes. This was introduced in collaboration with the Digital Innovation Hubs, Research & Technology Organizations, and Academic Institutions. Such factors are expected to create the demand for TIC services from diverse products and processes and support the growth of testing, inspection & certification market in the region.
The testing, inspection & certification market by sourcing type is segmented into in-house and outsourced. In-house service includes performing TIC activities or operations within a company. It includes the company’s employees as well as time by keeping a division or business activity, in-house. In-house services are implemented within the same business utilizing the company’s employees and assets. In-house testing has several benefits, including, cost savings by not paying for external testing, saving on shipping costs, time-saving, and more flexibility. Additionally, it may enable the company to use higher levels of control for the activities performed by the testing divisions by observing the services and employees indirect control. Moreover, the security risks are less in comparison to outsourcing, which requires providing kinds of information and data to the outside party.
The overall Europe testing, inspection & certification market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Europe testing, inspection & certification market. It also provides an overview and forecast for the Europe testing, inspection & certification market based on all the segmentation provided for the Europe region. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as V.P.s, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europe testing, inspection & certification industry. Some of the players present in testing, inspection & certification market are SGS SA, ALS Limited, Applus Services, S.A., Bureau Veritas, DEKRA Automobile GmbH, DNV GL, Eurofins Scientific, Intertek Group PLC, TÜV Rheinland AG, and TÜV SÜD AG among others.
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
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
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