Certificate Testing Market Research Report by Product, Sourcing Type, End-user Vertical, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19

The Global Certificate Testing Market size was estimated at USD 38.19 billion in 2021 and expected to reach USD 39.73 billion in 2022, and is projected to grow at a CAGR 4.21% to reach USD 48.93 billion by 2027.

Market Statistics:
The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

Market Segmentation & Coverage:
This research report categorizes the Certificate Testing to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Product, the market was studied across Automotive and Electronics. The Automotive is further studied across Electric Vehicle, Hybrid Electric Vehicle, and Battery Systems, Electrical Systems and Components, Fuels, Fluids, and Lubricants, Interior and Exterior Materials and Components, ISO/Ts 16949: Global Automotive Certification, and Telematics. The Electronics is further studied across Advanced Materials, Semiconductor, and Telecommunication. The Semiconductor is further studied across Electromagnetic, Microelectronics, Optoelectronics, and Sensors.

Based on Sourcing Type, the market was studied across In-house and Outsourced.

Based on End-user Vertical, the market was studied across Chemicals, Construction and Engineering, Energy and Commodities, Food and Healthcare, Industrial, Products and Retail, and Transportation.

Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Cumulative Impact of 2022 Russia Ukraine Conflict:
We continuously monitor and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia.This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Certificate Testing market considering the current update on the conflict and its global response.

Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Certificate Testing Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:
The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Certificate Testing Market, including ALS Limited, Apave International, Applus Services SA, AsureQuality Ltd., BSI Group, Bureau Veritas, Compliance Engineering Pty Ltd., Dekra Certification GmbH, Demko, Eurofins Scientific, Exova Group PLC, Intertek Group PLC, Kiwa NV, Korea Conformity Laboratories, Korea Testing and Certification Institute, Korea Testing Certification, National Standard Authority of Ireland, National Technical Systems Inc., NSF International, RRMG Ltda, SGS SA, Standardization and Certification NYCE, S.C., TUV Nord Group, TUV SUD Ltd., and Underwriters Laboratories LLC.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Global Certificate Testing Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Certificate Testing Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Certificate Testing Market?
4. What is the competitive strategic window for opportunities in the Global Certificate Testing Market?
5. What are the technology trends and regulatory frameworks in the Global Certificate Testing Market?
6. What is the market share of the leading vendors in the Global Certificate Testing Market?
7. What modes and strategic moves are considered suitable for entering the Global Certificate Testing Market?

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Outsourcing of the certificate testing services
5.1.1.2. Growing adoption of smart and wireless devices
5.1.1.3. Stricter regulations and standards
5.1.2. Restraints
5.1.2.1. Non uniform regulations
5.1.3. Opportunities
5.1.3.1. Developments in emerging markets
5.1.3.2. Collaborative strategies by companies for innovative products and services
5.1.4. Challenges
5.1.4.1. Troubleshooting issues with certificate testing
5.2. Cumulative Impact of COVID-19

6. Certificate Testing Market, by Product
6.1. Introduction
6.2. Automotive
6.3.1. Electric Vehicle, Hybrid Electric Vehicle, and Battery Systems
6.3.2. Electrical Systems and Components
6.3.3. Fuels, Fluids, and Lubricants
6.3.4. Interior and Exterior Materials and Components
6.3.5. ISO/Ts 16949: Global Automotive Certification
6.3.6. Telematics
6.3. Electronics
6.4.1. Advanced Materials
6.4.2. Semiconductor
6.4.3.1. Electromagnetic
6.4.3.2. Microelectronics
6.4.3.3. Optoelectronics
6.4.3.4. Sensors
6.4.3. Telecommunication

7. Certificate Testing Market, by Sourcing Type
7.1. Introduction
7.2. In-house
7.3. Outsourced

8. Certificate Testing Market, by End-user Vertical
8.1. Introduction
8.2. Chemicals
8.3. Construction and Engineering
8.4. Energy and Commodities
8.5. Food and Healthcare
8.6. Industrial
8.7. Products and Retail
8.8. Transportation

9. Americas Certificate Testing Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Certificate Testing Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Certificate Testing Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.1.1. Quadrants
12.1.2. Business Strategy
12.1.3. Product Satisfaction
12.2. Market Ranking Analysis, By Key Player
12.3. Market Share Analysis, By Key Player
12.4. Competitive Scenario
12.4.1. Merger & Acquisition
12.4.2. Agreement, Collaboration, & Partnership
12.4.3. New Product Launch & Enhancement
12.4.4. Investment & Funding
12.4.5. Award, Recognition, & Expansion

13. Company Usability Profiles
13.1. ALS Limited
13.1.1. Business Overview
13.1.2. Key Executives
13.1.3. Product & Services
13.2. Apave International
13.2.1. Business Overview
13.2.2. Key Executives
13.2.3. Product & Services
13.3. Applus Services SA
13.3.1. Business Overview
13.3.2. Key Executives
13.3.3. Product & Services
13.4. AsureQuality Ltd.
13.4.1. Business Overview
13.4.2. Key Executives
13.4.3. Product & Services
13.5. BSI Group
13.5.1. Business Overview
13.5.2. Key Executives
13.5.3. Product & Services
13.6. Bureau Veritas
13.6.1. Business Overview
13.6.2. Key Executives
13.6.3. Product & Services
13.7. Compliance Engineering Pty Ltd.
13.7.1. Business Overview
13.7.2. Key Executives
13.7.3. Product & Services
13.8. Dekra Certification GmbH
13.8.1. Business Overview
13.8.2. Key Executives
13.8.3. Product & Services
13.9. Demko
13.9.1. Business Overview
13.9.2. Key Executives
13.9.3. Product & Services
13.10. Eurofins Scientific
13.10.1. Business Overview
13.10.2. Key Executives
13.10.3. Product & Services
13.11. Exova Group PLC
13.11.1. Business Overview
13.11.2. Key Executives
13.11.3. Product & Services
13.12. Intertek Group PLC
13.12.1. Business Overview
13.12.2. Key Executives
13.12.3. Product & Services
13.13. Kiwa NV
13.13.1. Business Overview
13.13.2. Key Executives
13.13.3. Product & Services
13.14. Korea Conformity Laboratories
13.14.1. Business Overview
13.14.2. Key Executives
13.14.3. Product & Services
13.15. Korea Testing and Certification Institute
13.15.1. Business Overview
13.15.2. Key Executives
13.15.3. Product & Services
13.16. Korea Testing Certification
13.16.1. Business Overview
13.16.2. Key Executives
13.16.3. Product & Services
13.17. National Standard Authority of Ireland
13.17.1. Business Overview
13.17.2. Key Executives
13.17.3. Product & Services
13.18. National Technical Systems Inc.
13.18.1. Business Overview
13.18.2. Key Executives
13.18.3. Product & Services
13.19. NSF International
13.19.1. Business Overview
13.19.2. Key Executives
13.19.3. Product & Services
13.20. RRMG Ltda
13.20.1. Business Overview
13.20.2. Key Executives
13.20.3. Product & Services
13.21. SGS SA
13.21.1. Business Overview
13.21.2. Key Executives
13.21.3. Product & Services
13.22. Standardization and Certification NYCE, S.C.
13.22.1. Business Overview
13.22.2. Key Executives
13.22.3. Product & Services
13.23. TUV Nord Group
13.23.1. Business Overview
13.23.2. Key Executives
13.23.3. Product & Services
13.24. TUV SUD Ltd.
13.24.1. Business Overview
13.24.2. Key Executives
13.24.3. Product & Services
13.25. Underwriters Laboratories LLC
13.25.1. Business Overview
13.25.2. Key Executives
13.25.3. Product & Services

14. Appendix
14.1. Discussion Guide
14.2. License & Pricing