Global Testing Laboratories Industry

Global Testing Laboratories Market to Reach US$124. 2 Billion by the Year 2027. 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.

New York, July 15, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Testing Laboratories Industry" - https://www.reportlinker.com/p0552768/?utm_source=GNW
2 Billion by 2027, growing at a CAGR of 6.1% over the period 2020-2027.

The U.S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 9.3% CAGR for the Period of 2020-2027
The Testing Laboratories market in the U.S. is estimated at US$22.2 Billion in the year 2020. The country currently accounts for a 27.07% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$26.5 Billion in the year 2027 trailing a CAGR of 9.3% through 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 while Rest of European market (as defined in the study) will reach US$26.5 Billion by the year 2027.We bring years of research experience to this 18th edition of our report. The 130-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

-Competitors identified in this market include, among others,

• 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.

Read the full report: https://www.reportlinker.com/p0552768/?utm_source=GNW

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
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
Global Competitor Market Shares
Testing Laboratories Competitor Market Share Scenario Worldwide
(in %): 2018 & 2029
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 AttractsWidespread Criticism
Insufficient Funding Hampers Operations ofCrime Labs

4. GLOBAL MARKET PERSPECTIVE
Table 1: Testing Laboratories Global Market Estimates and
Forecasts in US$ Million by Region/Country: 2020-2027

Table 2: Testing Laboratories Global Retrospective Market
Scenario in US$ Million by Region/Country: 2012-2019

Table 3: Testing Laboratories Market Share Shift across Key
Geographies Worldwide: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
Market Analytics
Table 4: United States Testing Laboratories Market Estimates
and Projections in US$ Million: 2020 to 2027

Table 5: Testing Laboratories Market in the United States:
A Historic Review in US$ Million for 2012-2019

CANADA
Table 6: Canadian Testing Laboratories Market Estimates and
Forecasts in US$ Million: 2020 to 2027

Table 7: Canadian Testing Laboratories Historic Market Review
in US$ Million: 2012-2019

JAPAN
Table 8: Japanese Market for Testing Laboratories: Annual Sales
Estimates and Projections in US$ Million for the Period
2020-2027

Table 9: Testing Laboratories Market in Japan: Historic Sales
Analysis in US$ Million for the Period 2012-2019

CHINA
Table 10: Chinese Testing Laboratories Market Growth Prospects
in US$ Million for the Period 2020-2027

Table 11: Testing Laboratories Historic Market Analysis in
China in US$ Million: 2012-2019

EUROPE
Market Facts & Figures
Market Analytics
Table 12: European Testing Laboratories Market Demand Scenario
in US$ Million by Region/Country: 2020-2027

Table 13: Testing Laboratories Market in Europe: A Historic
Market Perspective in US$ Million by Region/Country for the
Period 2012-2019

Table 14: European Testing Laboratories Market Share Shift by
Region/Country: 2012 VS 2020 VS 2027

FRANCE
Table 15: Testing Laboratories Market in France: Estimates and
Projections in US$ Million for the Period 2020-2027

Table 16: French Testing Laboratories Historic Market Scenario
in US$ Million: 2012-2019

GERMANY
Table 17: Testing Laboratories Market in Germany: Recent Past,
Current and Future Analysis in US$ Million for the Period
2020-2027

Table 18: German Testing Laboratories Historic Market Analysis
in US$ Million: 2012-2019

ITALY
Table 19: Italian Testing Laboratories Market Growth Prospects
in US$ Million for the Period 2020-2027

Table 20: Testing Laboratories Historic Market Analysis in
Italy in US$ Million: 2012-2019

UNITED KINGDOM
Table 21: United Kingdom Market for Testing Laboratories:
Annual Sales Estimates and Projections in US$ Million for the
Period 2020-2027

Table 22: Testing Laboratories Market in the United Kingdom:
Historic Sales Analysis in US$ Million for the Period 2012-2019

SPAIN
Table 23: Spanish Testing Laboratories Market Estimates and
Forecasts in US$ Million: 2020 to 2027

Table 24: Spanish Testing Laboratories Historic Market Review
in US$ Million: 2012-2019

RUSSIA
Table 25: Russian Testing Laboratories Market Estimates and
Projections in US$ Million: 2020 to 2027

Table 26: Testing Laboratories Market in Russia: A Historic
Review in US$ Million for 2012-2019

REST OF EUROPE
Table 27: Rest of Europe Testing Laboratories Market Estimates
and Forecasts in US$ Million: 2020-2027

Table 28: Testing Laboratories Market in Rest of Europe in US$
Million: A Historic Review for the Period 2012-2019

ASIA-PACIFIC
Table 29: Asia-Pacific Testing Laboratories Market Estimates
and Forecasts in US$ Million by Region/Country: 2020-2027

Table 30: Testing Laboratories Market in Asia-Pacific: Historic
Market Analysis in US$ Million by Region/Country for the Period
2012-2019

Table 31: Asia-Pacific Testing Laboratories Market Share
Analysis by Region/Country: 2012 VS 2020 VS 2027

AUSTRALIA
Table 32: Testing Laboratories Market in Australia: Recent
Past, Current and Future Analysis in US$ Million for the Period
2020-2027

Table 33: Australian Testing Laboratories Historic Market
Analysis in US$ Million: 2012-2019

INDIA
Table 34: Indian Testing Laboratories Market Estimates and
Forecasts in US$ Million: 2020 to 2027

Table 35: Indian Testing Laboratories Historic Market Review in
US$ Million: 2012-2019

SOUTH KOREA
Table 36: Testing Laboratories Market in South Korea: Recent
Past, Current and Future Analysis in US$ Million for the Period
2020-2027

Table 37: South Korean Testing Laboratories Historic Market
Analysis in US$ Million: 2012-2019

REST OF ASIA-PACIFIC
Table 38: Rest of Asia-Pacific Market for Testing Laboratories:
Annual Sales Estimates and Projections in US$ Million for the
Period 2020-2027

Table 39: Testing Laboratories Market in Rest of Asia-Pacific:
Historic Sales Analysis in US$ Million for the Period 2012-2019

LATIN AMERICA
Table 40: Latin American Testing Laboratories Market Trends by
Region/Country in US$ Million: 2020-2027

Table 41: Testing Laboratories Market in Latin America in US$
Million by Region/Country: A Historic Perspective for the
Period 2012-2019

Table 42: Latin American Testing Laboratories Market Percentage
Breakdown of Sales by Region/Country: 2012, 2020, and 2027

ARGENTINA
Table 43: Argentinean Testing Laboratories Market Estimates and
Forecasts in US$ Million: 2020-2027

Table 44: Testing Laboratories Market in Argentina in US$
Million: A Historic Review for the Period 2012-2019

BRAZIL
Table 45: Testing Laboratories Market in Brazil: Estimates and
Projections in US$ Million for the Period 2020-2027

Table 46: Brazilian Testing Laboratories Historic Market
Scenario in US$ Million: 2012-2019

MEXICO
Table 47: Testing Laboratories Market in Mexico: Recent Past,
Current and Future Analysis in US$ Million for the Period
2020-2027

Table 48: Mexican Testing Laboratories Historic Market Analysis
in US$ Million: 2012-2019

REST OF LATIN AMERICA
Table 49: Rest of Latin America Testing Laboratories Market
Estimates and Projections in US$ Million: 2020 to 2027

Table 50: Testing Laboratories Market in Rest of Latin America:
A Historic Review in US$ Million for 2012-2019

MIDDLE EAST
Table 51: The Middle East Testing Laboratories Market Estimates
and Forecasts in US$ Million by Region/Country: 2020-2027

Table 52: Testing Laboratories Market in the Middle East by
Region/Country in US$ Million: 2012-2019

Table 53: The Middle East Testing Laboratories Market Share
Breakdown by Region/Country: 2012, 2020, and 2027

IRAN
Table 54: Iranian Market for Testing Laboratories: Annual Sales
Estimates and Projections in US$ Million for the Period
2020-2027

Table 55: Testing Laboratories Market in Iran: Historic Sales
Analysis in US$ Million for the Period 2012-2019

ISRAEL
Table 56: Israeli Testing Laboratories Market Estimates and
Forecasts in US$ Million: 2020-2027

Table 57: Testing Laboratories Market in Israel in US$ Million:
A Historic Review for the Period 2012-2019

SAUDI ARABIA
Table 58: Saudi Arabian Testing Laboratories Market Growth
Prospects in US$ Million for the Period 2020-2027

Table 59: Testing Laboratories Historic Market Analysis in
Saudi Arabia in US$ Million: 2012-2019

UNITED ARAB EMIRATES
Table 60: Testing Laboratories Market in the United Arab
Emirates: Recent Past, Current and Future Analysis in US$
Million for the Period 2020-2027

Table 61: United Arab Emirates Testing Laboratories Historic
Market Analysis in US$ Million: 2012-2019

REST OF MIDDLE EAST
Table 62: Testing Laboratories Market in Rest of Middle East:
Recent Past, Current and Future Analysis in US$ Million for the
Period 2020-2027

Table 63: Rest of Middle East Testing Laboratories Historic
Market Analysis in US$ Million: 2012-2019

AFRICA
Table 64: African Testing Laboratories Market Estimates and
Projections in US$ Million: 2020 to 2027

Table 65: Testing Laboratories Market in Africa: A Historic
Review in US$ Million for 2012-2019

IV. COMPETITION

Total Companies Profiled: 34
Read the full report: https://www.reportlinker.com/p0552768/?utm_source=GNW

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