North America Testing, Inspection, and Certification Market Trends and Analysis

According to our latest study on “North America Testing, Inspection, and Certification Market Forecast to 2030 – Regional Share, Trends, and Growth Opportunity Analysis – by Sourcing Type, Service, Type, ad End-User,” the North America testing, inspection, and certification market was valued at US$ 81.81 billion in 2022 and is projected to reach US$ 132.81 billion by 2030; it is expected to grow at a CAGR of 6.2% during 2022–2030.

The testing, inspection, and certification (TIC) sector comprises conformity assessment enterprises that offer services ranging from auditing and certification to testing, verification, quality assurance, and inspection. A product certificate attests that a product satisfies certain standards and safety-related requirements. The certificate outlines the fundamental criteria that were used to examine a product. Corresponding test results give clients tangible evidence of the product's quality, which they can use to make an informed selection. By avoiding the criteria mentioned above, players operating in the unorganized sector introduce counterfeit products certified with counterfeit certificates. These certificates might have been developed and used without the operator's or the designated certifying agent's consent.

Growing Demand for Environmental Protection Drives North America Testing, Inspection, and Certification Market Growth

Environmental protection is gaining prominence in North America owing to several positive measures from both the government and the industrial stakeholders. In January 2023, the Inflation Reduction Act of 2022 became effective in the US. The Act offers programs, funding, and incentives, including the Investment Tax Credit (ITC) and Production Tax Credit (PTC), to accelerate the transition to a clean energy economy. The Act extends the ITC of 30% and PTC of US$ 0.0275/kWh (2023 value) till the projects meet prevailing requirements for projects over 1 MW AC. It has created more awareness of renewable energy and promoted its adoption in the industrial sector. It has increased the scope of various TIC market players since the transition to renewable energy requires various testing, inspections, and certifications. Hence, market players are increasing their offerings and expanding their business across the region. For instance, in July 2023, TUV SUD America Inc, a leading TIC service provider, opened a new state-of-the-art environmental laboratory in Michigan, the US, through an investment of US$ 44 billion. Thus, the rise in environmental concerns is promoting the adoption of a circular economy, which drives the North America testing, inspection, and certification market growth.

The major stakeholders in the North America testing, inspection, and certification market ecosystem include testing, inspection, and certification market players, government & regulatory agencies, and end-users. Testing, inspection, and certification market participants play an important role in guaranteeing the safety, quality, and dependability of products and services in a variety of industries. The testing and inspection services provided by the players include carrying out experiments and analysis to determine the performance, quality, and safety of products and materials. The process of certifying a product, service, or system entails issuing a formal document confirming that it fulfills specified criteria or requirements. Standards for a wide range of products and services are developed and enforced by governments and regulatory agencies. These standards contribute to the assurance that products and services are safe, dependable, and satisfy specific performance requirements. Governments and regulatory agencies accredit TIC organizations to assure their competence and impartiality. Accredited testing, inspection, and certification bodies can then test, inspect, and certify items and services against the relevant standards. End-use industries of the testing, inspection, and certification services are food & beverages, healthcare & pharmaceuticals, consumer goods & retail, energy & power, manufacturing & construction, and others.

TIC services are employed across the food supply chain, from raw material manufacturing to processing, packaging, and distribution. To ensure the safety, quality, and dependability of products, testing, inspection, and certification services are widely employed in the consumer goods & retail industry. From raw material procurement to product manufacturing, packaging, and distribution, TIC services are used at every stage of the product lifecycle.

North America Testing, Inspection, and Certification Market: Segment Overview

The North America testing, inspection, and certification market is segmented into sourcing type, service type, and end-user. Based on the sourcing type, the market is bifurcated into in-house service and outsourced service. In terms of service type, the market is segmented into testing, inspection, and certification. In terms of end-user, the market is segmented into consumer goods & retail, food & beverage, healthcare & pharmaceutical, energy & power, manufacturing & construction, and others. By country, the North America testing, inspection, and certification market is segmented into the US, Canada, and Mexico.

Outsourcing is a business practice where the enterprise hires an entirely different party or third party on a contract or ongoing basis. There are several benefits offered by outsourcing services. Outsourcing the testing, inspection, and certification services is a cost-effective conformity assessment method that fosters higher levels of compliance. It guarantees greater consumer protection with safer and quality products that help government agencies improve efficiencies and leverage market surveillance. It also helps manufacturers to reduce in-house compliance costs and navigate the market requirements more easily. It offers higher levels of regulatory compliance and helps businesses to focus on other business goals. Thus, such benefits of outsourced service fuel the North America testing, inspection, and certification market growth for the segment.

North America Testing, Inspection, and Certification Market: Competitive Landscape and Key Developments

ALS Limited, Applus Services SA, Bureau Veritas SA, DEKRA SE, DNV Group AS, Eurofins Scientific SE, Intertek Group Plc, SGS SA, TUV Rheinland AG, and TUV SUD AG are among the key North America testing, inspection, and certification market players profiled during the North America testing, inspection, and certification market study. Various other companies are introducing new product offerings to contribute to the North America testing, inspection, and certification market size proliferation. Several other important players were also analyzed during this market research to get a holistic view of the North America testing, inspection, and certification market market and its ecosystem. The leading North America testing, inspection, and certification market players focus on service expansion and diversification, collaboration, and acquisition strategies, which enable them to grab new business opportunities.

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