Growth Forecast for Environment Testing, Inspection, and Certification Market to USD 33,551.7 Million by 2033

environment testing, inspection, and certification market
          environment testing, inspection, and certification market

According to forecasts, the environment testing, inspection, and certification market is expected to be USD 19,035.60 million in 2023 and USD 33,551.7 million by 2033.

The development of the environment testing, inspection, and certification sector has been supported by the demand for testing services in the manufacturing sector for retail, consumer goods, and food and beverages.

A tremendous opportunity has been created for industry participants due to increased online shopping trends and the demand for consumer product testing and inspection.

Manufacturers and top firms are working on adhering to the strict rules and requirements set by the government to ensure the safe execution of the items.

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Over the projection period, this is likely to continue to drive up demand for environmental testing, inspection, and certification. The expanding infrastructure and renewable energy-generating projects present the global industry with tremendous potential prospects. Due to expanding urbanization, infrastructure development operations have increased in numerous developed and emerging economies.

Key Takeaways

  • By 2033, the environment testing, inspection, and certification market in the United Kingdom is likely to expand, with a CAGR of 6.1%.
  • In 2023, the United States is expected to develop the environment testing, inspection, and certification business with a share of 24.6%.
  • The environment testing, inspection, and certification market grew considerably to US$ 17,873.84 million in 2022.
  • The environment testing, inspection, and certification industry expanded at a CAGR of 4.3% from 2018 to 2022.
  • By 2033, the environment testing, inspection, and certification market in China is projected to have a CAGR of 6.7%.
  • By 2033, India’s environment testing, inspection, and certification industry is projected to expand with a CAGR of 7.2%.
  • Japan’s environment testing, inspection, and certification sector is likely to grow significantly, with a 5.2% share in 2023.
  • Australia’s environment testing, inspection, and certification is expected to develop with a share of 0.4% in 2023.
  • Germany’s environment testing, inspection, and certification business is expected to grow, with a share of 6.1% in 2023.
  • In 2023, based on the product type, the testing segment is expected to dominate the market, with a share of 57.2%.
  • In 2023, an industrial product manufacturers segment is expected to dominate the market, with a share of 34%, based on end use.

Competitors’ Successful Techniques

Key players are expanding their services in several nations worldwide by utilizing business tactics, including mergers, acquisitions, and partnerships. Businesses have been creating new development centers in new regions to boost market penetration. This helps them to establish more beneficial business relationships with clients and customers.

Top Key Players

  • SGS SA
  • Intertek Group
  • Bureau Veritas
  • Yara International ASA
  • ALS Ltd, Assure Quality
  • Exova Group, SCS Global
  • RJ Hills Laboratories
  • APAL Agriculture
  • TUV Nord AG
  • Eurofins Scientific
  • GE Healthcare and Life sciences
  • Danaher
  • Agrolab Group
  • SAI Global Limited
  • Cawood Scientific

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Recent Development:

  • Thermo Fisher Scientific Inc. introduced a new fast environmental test in February 2022 to aid in the fight against COVID-19. The company’s Thermo Scientific AerosolSense Sampler is used to gather air samples for the new test, known as the “Renvo Quick Test.”
  • In March 2021, Intertek Group PLC introduced services for sophisticated analytical tests that were improved for more specificity, effectiveness, and accuracy to identify allergens in cosmetics. This service helps customers comply with legal standards and ensure safer goods.

 Key Segmentations

By Product Type :

  • Testing
  • Inspection
  • Certification

By End User:

  • Agriculture Industry
  • Construction Industry
  • Government Institutes and R&D laboratories
  • Industrial Product Manufacturers
  • Other End Users

By Sample Type:

  • Water Testing
  • Air Testing
  • Soil Testing
  • Building Materials
  • Waste Testing
  • Fuel/Oil Testing

By Test Type:

  • Toxins
  • Chemicals
  • Pathogens
  • Physical Properties
  • Metal
  • Organic Matter
  • Nutrients/Elements/Minerals
  • Inorganics
  • pH Test
  • Other Types

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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