North America Testing and Commissioning Market Size, Industry Growth, Trends, Analysis, Latest Insights and Forecast to 2027

According to IMARC Group’s latest report, titled “North America Testing and Commissioning Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, The North America testing and commissioning market size reached US$ 63.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 81.7 Billion by 2027, exhibiting a CAGR of 4.2% during 2022-2027.

Testing and commissioning represent a set of systematic tests utilized to check the quality and technical safety and to validate the performance of a product. This process verifies that the item follows universal regulatory standards by executing systematic tests. Testing and commissioning ensure the product safety for consumers by meeting the health, safety, and quality requirements. This process uses analytical instruments and equipment (IES) for detecting and measuring electrical signals and biological and physical properties of any item. This aids manufacturers in improving the safety and compliance of a company and their products by inspecting, verifying, testing, and offering certification services.

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North America Testing and Commissioning Market Trends:

The increasing concerns for quality items and intense competition have encouraged the manufacturers to widely adopt testing and commissioning services, which is primarily augmenting the North America testing and commissioning market. Furthermore, the rising usage of these processes, as they assist in enabling the production of superior grade products while reducing system failures and following certain regulatory norms pertaining to the health, quality, environment, and safety of an item across sectors, including construction, chemicals, and oil and gas, is positively influencing the market growth. Apart from this, the escalating demand for these services, owing to the inflating number of machine installations in industrial plants and increasing outsourcing of testing, inspection and certification (TIC) services, is acting as another significant growth-inducing factor. Moreover, the rising trade activities have led to the requirement for enhanced TIC services are also bolstering the regional market. Besides this, the implementation of revised strict regulatory standards concerning the health, environment, and quality safety of products is expected to drive the North America testing and commissioning market in the coming years.

North America Testing and Commissioning Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the North America testing and commissioning market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• SGS
• Intertek
• Eurofins
• Bureau Veritas
• DNV GL
• Applus
• ALS Global
• TUV Rheinland
• TUV SUD
• BSI Group

Key Market Segmentation:

The report has segmented the North America testing and commissioning market on the basis of service type, sourcing type, commissioning type, end-use industry and region.

Breakup by Service Type:

• Testing
• Certification
• Commissioning

Breakup by Sourcing Type:

• In-House
• Outsourced

Breakup by Commissioning Type:

• Initial Commissioning
• Retro Commissioning
• Monitor-Based Commissioning

Breakup by End Use Industry:

• Oil and Gas
• Consumer and Retail
• Food and Agriculture
• Construction and Chemicals
• Others

Regional Insights:

• United States
• Canada

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This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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