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Testing and Commissioning Market Report by Service Type, Commissioning Type, Sourcing Type, End Use Sector, and Region 2024-2032

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    Report

  • 142 Pages
  • March 2024
  • Region: Global
  • IMARC Group
  • ID: 5947048
The global testing and commissioning market size reached US$ 243.1 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 361.0 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2023-2032. The rising need for regulatory compliance, rapid technological advancements, and the development of new testing and commissioning technologies by key players represent some of the key factors driving the market.

The Increasing Outsourcing of Testing and Commissioning Services and Strict Regulatory Standards Imposed by Governments Augmenting the Market Growth

The testing and commissioning market has been experiencing continuous growth. Increasing outsourcing of testing and commissioning services and strict regulatory standards by governments are some of the primary drivers of the market growth. Countries around the world have implemented mandatory testing regulations to ensure the safety and quality of products. As a result, organizations are increasingly turning to independent laboratories to provide safety testing services to meet these regulatory standards and minimize environmental impacts. In industries, such as automotive, strict emissions regulations have been imposed on Original Equipment Manufacturers (OEMs) to control carbon emissions.

To comply with quality and safety standards, reduce environmental impacts, and minimize costs associated with recovery and restoration, leading manufacturers are outsourcing testing and commissioning services. By outsourcing these services, organizations are able to allocate more resources to their core business processes, reduce operational costs, and provide faster and better services to their customers. This approach allows for greater production efficiency, leading to improved net profit for the company. These factors are driving the growth of the testing and commissioning market, as organizations recognize the benefits of outsourcing testing services to ensure product quality, compliance with regulations, and environmental sustainability.

Competitive analysis such as market structure, market growth, new entrants, and product differentiation has been covered in the report. Also, detailed profiles of all major companies have been provided. The market structure is fragmented due to the presence of umpteen global players and emergence of small regional players. The volume of new entrants is moderate in the testing and commissioning industry due to high legal barriers.
  • What Is Testing and Commissioning?
Testing and commissioning are activities that ensure the proper functioning, performance, and safety of systems, equipment, and facilities. They are widely used in industries, such as construction, manufacturing, energy, and transportation, to ensure that systems are operating as intended and meet the required standards and specifications. They help identify defects, errors, or deficiencies in systems and equipment before they are put into operation, preventing potential failures or accidents in the future. This, in turn, reduces downtime, minimizes costly repairs, and avoids safety hazards. Testing and commissioning also ensure that systems and equipment are operating efficiently and effectively, maximizing their performance and lifespan. This leads to improved productivity, reduced energy consumption, and optimized operational costs. Additionally, it provides evidence of compliance with regulations, standards, and industry best practices, which is crucial for obtaining certifications, permits, or approvals from regulatory authorities or clients.

COVID-19 Impact:

The COVID-19 pandemic has had a significant adverse impact on the demand for testing and commissioning services. As various industries, including construction, oil and gas, and aerospace, experienced a slowdown in operations due to lockdowns imposed in many countries, the demand for testing and commissioning services also declined. The severity of the impact varied across different industry sectors, with some being more resilient than others.

Industries, such as oil and gas, and aerospace, were heavily impacted by the pandemic as their global supply chains and specialized workforces were disrupted. As a result, the adoption of testing and commissioning services in these sectors were reduced. However, the food, agriculture, and pharmaceutical sectors, which were deemed essential during the pandemic, were relatively less affected and continued to require testing services to ensure product quality and compliance with regulations.

The lifting of lockdowns in several countries and the resumption of operations in various industries have positively influenced the demand for testing and commissioning services. As industries recover and adapt to the new normal, the need for testing and commissioning to ensure product safety, compliance, and sustainability is expected to rebound, further driving the growth of the market in the coming years.

Global Testing and Commissioning Market Trends:

The global testing and commissioning market is bolstered by several factors, including the growing need to ensure that the systems and equipment being installed are operating efficiently and meeting performance requirements. This is particularly important in industries such as energy, oil and gas, and transportation, where downtime or system failures can have significant financial and safety implications. Additionally, the rising need for regulatory compliance and the shifting focus on reducing costs, improving productivity, and enhancing the overall performance of existing systems are creating a positive outlook for the market. In line with this, key players are developing new testing and commissioning technologies to improve accuracy and efficiency, which is accelerating the market growth. Besides this, the increasing adoption of renewable energy sources, such as solar and wind power, and rapid technological advancements are fueling the market growth.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global testing and commissioning market report, along with forecasts at the global and regional level from 2024-2032. The report has categorized the market based on service type, commissioning type, sourcing type and end use sector.

Service Type Insights:

  • Testing
  • Certification
  • Commissioning
The report has provided a detailed breakup and analysis of the global testing and commissioning market based on the service type. This includes testing, certification, and commissioning. According to the report, testing represented the largest segment due to the rising product application in automotive, oil & gas and petroleum, energy & utilities, and the manufacturing industries. In addition to this, the surging need to maintain high-quality parameters that meet customer demands and burgeoning investments in testing equipment by key players are boosting the segment growth.

Commissioning Type Insights:

  • Initial Commissioning
  • Retro Commissioning
  • Monitor-Based Commissioning
A detailed breakup and analysis of the global testing and commissioning market based on the commissioning type has also been provided in the report. This includes initial, retro, and monitor-based commissioning. According to the report, initial commissioning represented the largest segment due to the increasing need to test and verify the functionality of new or recently modified systems or equipment. This is further supported by the growing industrial requirements that systems meet performance standards and quality requirements.

Sourcing Type Insights:

  • Inhouse
  • Outsourced
A detailed breakup and analysis of the global testing and commissioning market based on the sourcing type has also been provided in the report. This includes inhouse and outsourced. According to the report, inhouse represented the largest segment due to the surging need for high level of confidentiality and quality. In addition, leading companies are investing heavily in testing in-house and forming regional commercial labs, which is accelerating the segment growth.

End Use Sector Insights:

  • Construction
  • Industrial
  • Consumer Products
  • Life Sciences
  • Oil and Gas
  • Food and Agriculture
  • Marine and Offshore
  • Transport and Aerospace
  • Energy and Power
  • Chemicals
  • Others
A detailed breakup and analysis of the global testing and commissioning market based on the end use has also been provided in the report. This includes construction, industrial, consumer products, life sciences, oil and gas, food and agriculture, marine and offshore, transport and aerospace, energy and power, chemicals, data centers, and others. According to the report, construction represented the largest segment due to the rising infrastructural activity in emerging economies. Furthermore, rapid globalization, the penetration of developed technologies in the sector, and the implementation of product standardization norms are accelerating the segment growth.

Regional Insights:

  • Europe
  • Asia Pacific
  • North America
  • Middle East and Africa
  • Latin America
The report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to the report, Europe was the largest market for testing and commissioning. Some of the factors driving the Europe testing and commissioning market included the enhancing focus on the monitoring and maintenance of the supply chain and conductive production environment to safeguard product quality. In addition to this, the surging demand for connected consumer electronics and IoT-enabled devices in the region have facilitated the need for testing and commissioning, thus favoring the market growth.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global testing and commissioning market. Some of the companies covered include:

  • SGS SA
  • Bureau Veritas SA
  • Intertek Group plc
  • DEKRA SE
  • TUV SUD AG
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report

1. What was the size of the global testing and commissioning market in 2023?
2. What are the key factors driving the global testing and commissioning market?
3. What has been the impact of COVID-19 on the global testing and commissioning market?
4. What is the breakup of the global testing and commissioning market based on the service type?
5. What is the breakup of the global testing and commissioning market based on the commissioning type?
6. What is the breakup of the global testing and commissioning market based on the sourcing type?
7. What is the breakup of the global testing and commissioning market based on the end use sector?
8. What are the key regions in the global testing and commissioning market?
9. Who are the key players/companies in the global testing and commissioning market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Testing and Commissioning Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Service Type
5.5 Market Breakup by Commissioning Type
5.6 Market Breakup by Sourcing Type
5.7 Market Breakup by End Use Sector
5.8 Market Breakup by Region
5.9 Market Forecast
5.10 SWOT Analysis
5.10.1 Overview
5.10.2 Strengths
5.10.3 Weaknesses
5.10.4 Opportunities
5.10.5 Threats
5.11 Value Chain Analysis
5.12 Porters Five Forces Analysis
5.12.1 Overview
5.12.2 Bargaining Power of Buyers
5.12.3 Bargaining Power of Suppliers
5.12.4 Degree of Competition
5.12.5 Threat of New Entrants
5.12.6 Threat of Substitutes
5.13 Price Analysis
6 Market Breakup by Service Type
6.1 Testing
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Certification
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Commissioning
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Commissioning Type
7.1 Initial Commissioning
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Retro Commissioning
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Monitor-Based Commissioning
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Sourcing Type
8.1 Inhouse
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Outsourced
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End Use Sector
9.1 Construction
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Industrial
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Consumer Products
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Life Sciences
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Oil and Gas
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Food and Agriculture
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Marine and Offshore
9.7.1 Market Trends
9.7.2 Market Forecast
9.8 Transport and Aerospace
9.8.1 Market Trends
9.8.2 Market Forecast
9.9 Energy and Power
9.9.1 Market Trends
9.9.2 Market Forecast
9.10 Chemicals
9.10.1 Market Trends
9.10.2 Market Forecast
9.11 Others
9.11.1 Market Trends
9.11.2 Market Forecast
10 Market Breakup by Region
10.1 Europe
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Asia Pacific
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 North America
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Middle East and Africa
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Latin America
10.5.1 Market Trends
10.5.2 Market Forecast
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
11.3.1 SGS SA
11.3.1.1 Company Overview
11.3.1.2 Description
11.3.1.3 Product Portfolio
11.3.1.4 Financials
11.3.1.5 SWOT Analysis
11.3.2 Bureau Veritas SA
11.3.2.1 Company Overview
11.3.2.2 Description
11.3.2.3 Product Portfolio
11.3.2.4 Financials
11.3.2.5 SWOT Analysis
11.3.3 Intertek Group plc
11.3.3.1 Company Overview
11.3.3.2 Description
11.3.3.3 Product Portfolio
11.3.3.4 Financials
11.3.3.5 SWOT Analysis
11.3.4 DEKRA SE
11.3.4.1 Company Overview
11.3.4.2 Description
11.3.4.3 Product Portfolio
11.3.4.4 Financials
11.3.5 TUV SUD AG
11.3.5.1 Company Overview
11.3.5.2 Description
11.3.5.3 Product Portfolio
11.3.5.4 Financials
List of Figures
Figure 1: Global: Testing and Commissioning Market: Major Drivers and Challenges
Figure 2: Global: Testing and Commissioning Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Testing and Commissioning Market: Breakup by Service Type (in %), 2023
Figure 4: Global: Testing and Commissioning Market: Breakup by Commissioning Type (in %), 2023
Figure 5: Global: Testing and Commissioning Market: Breakup by Sourcing Type (in %), 2023
Figure 6: Global: Testing and Commissioning Market: Breakup by End Use Sector (in %), 2023
Figure 7: Global: Testing and Commissioning Market: Breakup by Region (in %), 2023
Figure 8: Global: Testing and Commissioning Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 9: Global: Testing and Commissioning Industry: SWOT Analysis
Figure 10: Global: Testing and Commissioning Industry: Value Chain Analysis
Figure 11: Global: Testing and Commissioning Industry: Porter’s Five Forces Analysis
Figure 12: Global: Testing and Commissioning (Testing) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 13: Global: Testing and Commissioning (Testing) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 14: Global: Testing and Commissioning (Certification) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 15: Global: Testing and Commissioning (Certification) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 16: Global: Testing and Commissioning (Commissioning) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 17: Global: Testing and Commissioning (Commissioning) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 18: Global: Testing and Commissioning (Initial Commissioning) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 19: Global: Testing and Commissioning (Initial Commissioning) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 20: Global: Testing and Commissioning (Retro Commissioning) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 21: Global: Testing and Commissioning (Retro Commissioning) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 22: Global: Testing and Commissioning (Monitor-Based Commissioning) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 23: Global: Testing and Commissioning (Monitor-Based Commissioning) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 24: Global: Testing and Commissioning (Inhouse) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 25: Global: Testing and Commissioning (Inhouse) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 26: Global: Testing and Commissioning (Outsourced) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 27: Global: Testing and Commissioning (Outsourced) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 28: Global: Testing and Commissioning (Application in Construction sector) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 29: Global: Testing and Commissioning (Application in Construction sector) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 30: Global: Testing and Commissioning (Application in Industrial sector) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 31: Global: Testing and Commissioning (Application in Industrial sector) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 32: Global: Testing and Commissioning (Application in Consumer Products) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 33: Global: Testing and Commissioning (Application in Consumer Products) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 34: Global: Testing and Commissioning (Application in Life Sciences) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 35: Global: Testing and Commissioning (Application in Life Sciences) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 36: Global: Testing and Commissioning (Application in Oil and Gas sector) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 37: Global: Testing and Commissioning (Application in Oil and Gas sector) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 38: Global: Testing and Commissioning (Application in Food and Agriculture sector) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 39: Global: Testing and Commissioning (Application in Food and Agriculture sector) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 40: Global: Testing and Commissioning (Application in Marine and Offshore sector) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 41: Global: Testing and Commissioning (Application in Marine and Offshore sector) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 42: Global: Testing and Commissioning (Application in Transport and Aerospace sector) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 43: Global: Testing and Commissioning (Application in Transport and Aerospace sector) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 44: Global: Testing and Commissioning (Application in Energy and Power sector) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 45: Global: Testing and Commissioning (Application in Energy and Power sector) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 46: Global: Testing and Commissioning (Application in Chemicals) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 47: Global: Testing and Commissioning (Application in Chemicals) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 48: Global: Testing and Commissioning (Other Applications) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 49: Global: Testing and Commissioning (Other Applications) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 50: Europe: Testing and Commissioning Market: Sales Value (in Billion US$), 2018 & 2023
Figure 51: Europe: Testing and Commissioning Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 52: Asia Pacific: Testing and Commissioning Market: Sales Value (in Billion US$), 2018 & 2023
Figure 53: Asia Pacific: Testing and Commissioning Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 54: North America: Testing and Commissioning Market: Sales Value (in Billion US$), 2018 & 2023
Figure 55: North America: Testing and Commissioning Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 56: Middle East and Africa: Testing and Commissioning Market: Sales Value (in Billion US$), 2018 & 2023
Figure 57: Middle East and Africa: Testing and Commissioning Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 58: Latin America: Testing and Commissioning Market: Sales Value (in Billion US$), 2018 & 2023
Figure 59: Latin America: Testing and Commissioning Market Forecast: Sales Value (in Billion US$), 2024-2032
List of Tables
Table 1: Global: Testing and Commissioning Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Testing and Commissioning Market Forecast: Breakup by Service Type (in Billion US$), 2024-2032
Table 3: Global: Testing and Commissioning Market Forecast: Breakup by Commissioning Type (in Billion US$), 2024-2032
Table 4: Global: Testing and Commissioning Market Forecast: Breakup by Sourcing Type (in Billion US$), 2024-2032
Table 5: Global: Testing and Commissioning Market Forecast: Breakup by End Use Sector (in Billion US$), 2024-2032
Table 6: Global: Testing and Commissioning Market Forecast: Breakup by Region (in Billion US$), 2024-2032
Table 7: Global: Testing and Commissioning Market: Competitive Structure
Table 8: Global: Testing and Commissioning Market: Key Players

Companies Mentioned

  • SGS SA
  • Bureau Veritas SA
  • Intertek Group plc
  • DEKRA SE
  • TUV SUD AG

Methodology

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Table Information