EXECUTIVE ENGAGEMENTS
OUTREACH
2023
Number of executives repeatedly engaged by snail & email outreach
INTERACTIONS
364
Interactions with Platform & by Email
PARTICIPANTS
61
Unique # Participated
VALIDATIONS
27
Responses Validated*
COMPETITORS
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DATE
APR 2021
TABLES
66
PAGES
130
EDITION
18
PRICE
USD $5600
HIGHLIGHTS
Amid the COVID-19 crisis, the global market for Testing Laboratories estimated at US$82.1 Billion in the year 2020, is projected to reach a revised size of US$124.2 Billion by 2027, growing at a CAGR of 6.1% over the period 2020-2027.
The Testing Laboratories market in the U.S. is estimated at US$22.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$26.5 Billion by the year 2027 trailing a CAGR of 9.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 5.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.
SELECT PLAYERS
Bureau Veritas Group; CSA Group; ELCA Laboratories; Eurofins GeneScan; Eurofins Scientific Group; FM Approvals; Foodtest Laboratories Ltd.; Geotechnical Engineering Ltd.; Intertek Group plc; Mérieux Nutrisciences Corporation; MET Laboratories Inc.; National Technical Systems Inc.; NGC Testing Services; Retlif Testing Laboratories; SGS S.A.; TÜV SÜD America Inc.; TÜVRheinland®; Underwriters Laboratories Inc.
SEGMENTS
» Segment (Testing Laboratories)
GEOGRAPHIES
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa
TABLE OF CONTENTS
| I. METHODOLOGY |
| II. EXECUTIVE SUMMARY |
| 1. MARKET OVERVIEW |
| Influencer Market Insights |
| World Market Trajectories |
| Prelude |
| Developing Markets Offer Significant Growth Opportunities |
| Recent Market Activity |
| Criteria for Selecting a Testing Laboratory |
| Companies Prefer Off-Site Testing Laboratory Services |
| Harmonization of Global Standards Remains a Challenge |
| Internet - Creating Novel Business Opportunities for Laboratory Services |
| PATs Gain Rapid Adoption in Electrical Appliance Manufacturing Industry |
| Gradual Improvements in Global Economy Favors Market Growth |
| Competitive Scenario |
| M&A Activity Rife in Testing, Inspection and Certification Industry |
| Challenges Facing Testing Lab Market |
| Impact of Covid-19 and a Looming Global Recession |
| 2. FOCUS ON SELECT PLAYERS |
| Bureau Veritas Group (France) |
| Bureau Veritas North America (USA) |
| CSA Group (USA) |
| ELCA Laboratories (India) |
| Eurofins Scientific Group (France) |
| Eurofins GeneScan (Germany) |
| FM Approvals (USA) |
| Foodtest Laboratories Ltd. (UK) |
| Genetic ID (USA) |
| Geotechnical Engineering Ltd. (UK) |
| Intertek Group plc (UK) |
| Mérieux Nutrisciences Corporation (USA) |
| MET Laboratories, Inc. (USA) |
| National Technical Systems, Inc. (USA) |
| NGC Testing Services (USA) |
| Retlif Testing Laboratories (USA) |
| SGS S.A. (Switzerland) |
| SGS North America, Inc. (USA) |
| SGS Consumer Testing Services (USA) |
| TÜVRheinland® (Germany) |
| TÜV SÜD America, Inc. (USA) |
| Underwriters Laboratories, Inc. (USA) |
| 3. MARKET TRENDS & DRIVERS |
| FOOD TESTING MARKET - A REVIEW |
| Food Testing Laboratories - The Most Prevalent of Them All |
| Factors Impacting Food Safety Testing Volume |
| Highly Regulated Food & Beverage Industry Presents Opportunities for Testing Market |
| Globalization Injects Universal Demand for Food Testing |
| Spurt in Number of Food-Borne Outbreaks Propel the Need for Food Testing |
| A Glance at Select Product Recalls in the US - 2016 |
| List of Foodborne Illness Outbreaks in the US (2013-2016) |
| Improper Labeling of Food Products to Help Perk-Up Demand for Food Testing |
| Rising Incidents of Food Allergy Shifts Focus on Allergen Management Measures |
| Food Testing Gaining Prominence in Developing Countries |
| Rapid Screening Gains Preference over Traditional Food Testing Procedures |
| Outsourcing of Food Safety Testing Gathers Steam |
| Food Contract Labs to Outdo Food Plant Labs |
| Novel & Tested Technologies to Spur Growth |
| Nanotechnology in Food Testing |
| Real-time PCR/qPCR Technologies Fundamental in Food Safety Testing |
| Metabolomic Profiling in Food Safety Testing:An Opportunity to Tap |
| Prospects for Molecular Diagnostics in Food Testing Grow Brighter |
| AN INSIGHT INTO NON-DESTRUCTIVE TESTING (NDT) SERVICES MARKET |
| Market Overview |
| Evolving Applications of NDT Inspection: A Positive Trend |
| Developing Countries to Spur Future Growth |
| Aging Infrastructure in Developed Countries Drive Need for NDT Testing |
| Power Generation Sector - The Traditional Revenue Contributor |
| Growing Focus on Solar & Wind Power: Opportunity for NDT Testing Laboratories |
| Government Regulations Provides Strong Business Case for NDT Testing |
| Healthy Outlook for Oil & Gas Bodes Well for NDT Equipment |
| Rapid Growth of Shale Gas Reserves Promises Bright Prospects for NDT Equipment |
| Growing Preference of NDT Equipment in Marine Industry |
| Automotive Sector - Opportunities Rife in OEM and Aftermarket Segments |
| Automotive Manufacturers Embrace Testing Solutions |
| Demand for NDT Testing of Composites on the Rise |
| Technological Advances Prop Up Growth |
| Price Sensitivity and Lack of Safety Regulations - A Challenge |
| CALIBRATION TESTING MARKET - AN OVERVIEW |
| Prelude |
| Focus on Preventive Maintenance and High Quality Standards Drive Demand for Calibration Services |
| Developing Markets: Opportunities in Store |
| End-Use Industry Dynamics Impact Market Growth |
| Market Drivers & Trends |
| Key Challenges |
| Calibration Services: Provider Landscape |
| FORENSIC TESTING MARKET - AN OVERVIEW |
| A Primer |
| Rise in Crime Boosts the "Need" Factor |
| DNA Analysis: The Ultimate Weapon in the Battle against Crime |
| Rise in Gun Violence Raises the Demand for Forensic Ballistics |
| Rise in Cyber Crimes Brings to Fore the Emergence of Computer Forensics |
| Cloud Forensics Grow in Popularity |
| All Eyes on Forensic Consulting Services |
| Practice of Forensic Science Attracts Widespread Criticism |
| Insufficient Funding Hampers Operations of Crime Labs |
| 4. GLOBAL MARKET PERSPECTIVE |
| World Current & Future Analysis for Testing Laboratories by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| World Historic Review for Testing Laboratories by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| World 15-Year Perspective for Testing Laboratories by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2020 & 2027 |
| III. MARKET ANALYSIS |
| UNITED STATES |
| USA Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| USA Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| CANADA |
| Canada Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Canada Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| JAPAN |
| Japan Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Japan Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| CHINA |
| China Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| China Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| EUROPE |
| Europe Current & Future Analysis for Testing Laboratories by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| Europe Historic Review for Testing Laboratories by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| Europe 15-Year Perspective for Testing Laboratories by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2012, 2020 & 2027 |
| FRANCE |
| France Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| France Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| GERMANY |
| Germany Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Germany Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| ITALY |
| Italy Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Italy Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| UNITED KINGDOM |
| UK Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| UK Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| SPAIN |
| Spain Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Spain Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| RUSSIA |
| Russia Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Russia Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| REST OF EUROPE |
| Rest of Europe Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of Europe Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| ASIA-PACIFIC |
| Asia-Pacific Current & Future Analysis for Testing Laboratories by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| Asia-Pacific Historic Review for Testing Laboratories by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| Asia-Pacific 15-Year Perspective for Testing Laboratories by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2012, 2020 & 2027 |
| AUSTRALIA |
| Australia Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Australia Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| INDIA |
| India Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| India Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| SOUTH KOREA |
| South Korea Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| South Korea Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| REST OF ASIA-PACIFIC |
| Rest of Asia-Pacific Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of Asia-Pacific Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| LATIN AMERICA |
| Latin America Current & Future Analysis for Testing Laboratories by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| Latin America Historic Review for Testing Laboratories by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| Latin America 15-Year Perspective for Testing Laboratories by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2012, 2020 & 2027 |
| ARGENTINA |
| Argentina Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Argentina Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| BRAZIL |
| Brazil Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Brazil Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| MEXICO |
| Mexico Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Mexico Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| REST OF LATIN AMERICA |
| Rest of Latin America Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of Latin America Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| MIDDLE EAST |
| Middle East Current & Future Analysis for Testing Laboratories by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR |
| Middle East Historic Review for Testing Laboratories by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| Middle East 15-Year Perspective for Testing Laboratories by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2012, 2020 & 2027 |
| IRAN |
| Iran Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Iran Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| ISRAEL |
| Israel Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Israel Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| SAUDI ARABIA |
| Saudi Arabia Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Saudi Arabia Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| UNITED ARAB EMIRATES |
| UAE Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| UAE Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| REST OF MIDDLE EAST |
| Rest of Middle East Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Rest of Middle East Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| AFRICA |
| Africa Current & Future Analysis for Testing Laboratories by Segment - Testing Laboratories - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR |
| Africa Historic Review for Testing Laboratories by Segment - Testing Laboratories Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR |
| IV. COMPETITION |
| Total Companies Profiled: 34 |
The World of Testing Laboratories is Changing Fast!
It's Time to Identify Upcoming Revenue Pockets & Growth Areas.
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