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The market size of the inspection and testing industry in 2025 may exceed 250 billion euros

 Last Update: 2022-04-01
 Source: Internet
 Author: User

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Analysis on the development of inspection and testing industry

The inspection and testing industry started with industrialization.
Since mankind entered the industrial age, the inspection and testing industry has begun to develop as an independent industry.
So far, European countries, Japan, the United States, etc.
have formed a relatively standardized inspection and testing market, and formed a group of more prestigious and some inspection and testing institutions.

From the perspective of the market size of the inspection and testing industry, the industry has maintained a good growth momentum, with the market size exceeding 200 billion euros.

From the perspective of industry competition pattern, industry competition is fierce, with SGS, BV and Intertek as the forefront of testing institutions.
From the perspective of industry application, the inspection and testing market is mainly used in consumer products, food and industrial fields.

　　From the perspective of industry development trends, the inspection and testing market will develop steadily.
Among them, the third-party inspection market is developing rapidly, and the market share will continue to increase.

　　1.
The market size of the inspection and testing industry has exceeded 200 billion euros

　　From the perspective of the market size of the inspection and testing industry, from 2009 to 2019, the demand for the inspection and testing industry has shown a continuous growth trend, from 74.
1 billion euros in 2009 to 205.
3 billion euros in 2019, with a compound annual growth rate of 10.
73%.
In the past few years The growth rate showed a trend of low before and high afterwards.

　　Note: The market scale growth rate in 2012 and 2019 was 11.
49% and 17.
31%.

　　2.
The industry is highly competitive, with SGS, BV and Intertek as enterprises

　　After years of development, some testing institutions have gained certain advantages in the market.
From the perspective of the market share of inspection and testing institutions, Swiss General Notary (SGS), France's Bureau Veritas (BV) and Intertek have market shares.
Accounted for less than 25%, and market* players accounted for less than 40%.
The remaining companies have low market shares and fierce market competition.

　　3.
The inspection and testing market is mainly used in consumer goods, food and industrial fields

　　From the perspective of application distribution in the inspection and testing market, consumer goods and retail, food and agricultural products account for a relatively large proportion, accounting for 11.
5%; the oil and gas industry follows closely behind, accounting for 10%.
Construction, chemical products, metals and minerals, and industrial products accounted for 9.
5%, 9.
5%, 8.
5%, and 8% of the inspection and testing market, respectively, while the remaining industries accounted for a relatively small proportion.

　　4.
The inspection and testing market develops steadily, with the third-party inspection accounting for 40%

　　The testing industry has strong anti-risk capabilities.
Even under the impact of the severe economic crisis from 2008 to 2009, the overall market size of the testing industry has grown, and there have been no bankruptcies within the scope, and even layoffs and reorganizations are rare.
occur.
According to the market and markets research organization, the inspection and testing industry will grow at a compound annual growth rate of 3.
6% from 2020 to 2025.
It is estimated that the size of the inspection and testing industry will exceed 250 billion euros by 2025.

　　From the perspective of the market segment of the inspection and testing industry, the government and enterprise internal testing accounted for 60%, and the third-party testing market accounted for 40%.
From the perspective of development trends, the third-party testing market has developed rapidly in recent years, and its proportion is expected to continue to increase.

　　For the above data and analysis, please refer to the "China Quality Inspection and Testing Industry Development Prospects and Investment Forecast Analysis Report" from the Qianzhan Industry Research Institute.
At the same time, the Qianzhan Industry Research Institute provides industrial big data, industrial planning, industrial declaration, industrial park planning, industrial investment promotion, etc.
solution.

　　Original title: Analysis of the current market status and development prospects of the inspection and testing industry in 2020.
The market size in 2025 may exceed 250 billion euros

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