Global Certification Market Growth (Status and Outlook) 2023-2029

Global Certification Market Growth (Status and Outlook) 2023-2029

Certification is the formal attestation or confirmation of certain characteristics of an object, person, or organization. This confirmation is often, but not always, provided by some form of external review, education, assessment, or audit. Accreditation is a specific organization's process of certification. According to the U.S. National Council on Measurement in Education, a certification test is a credentialing test used to determine whether individuals are knowledgeable enough in a given occupational area to be labeled "competent to practice" in that area. In first-party certification, an individual or organization providing the good or service offers assurance that it meets certain claims. In second-party certification, an association to which the individual or organization belongs provides the assurance. Third-party certification involves an independent assessment declaring that specified requirements pertaining to a product, person, process, or management system have been met.

LPI (LP Information)' newest research report, the “Certification Industry Forecast” looks at past sales and reviews total world Certification sales in 2022, providing a comprehensive analysis by region and market sector of projected Certification sales for 2023 through 2029. With Certification sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Certification industry.

This Insight Report provides a comprehensive analysis of the global Certification landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Certification portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Certification market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Certification and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Certification.

The global Certification market size is projected to grow from US$ 45370 million in 2022 to US$ 66670 million in 2029; it is expected to grow at a CAGR of 5.7% from 2023 to 2029.

The important certification players in Global Market include SGS, TUV SUD and UL, with around 10% market share. Asia-Pacific is the largest market with 40% market share, followed by Europe. Aerospace & automotive is the most important segment, with a share around 25%.

This report presents a comprehensive overview, market shares, and growth opportunities of Certification market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Aerospace & automotive Certification
Retail & Consumer Good Certification
Railway Certification
Mgmt Systems Certification
Environment Certification
Health and Safety Industry Certification
Medical Device Certification
Product Certification
Food Safety Certification
Others

Segmentation by application
Large Enterprises
SMEs

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
SGS
TUV SUD
UL
Applus
Bureau Veritas
Intertek
TÜV Rheinland
TUV NORD
DNV
Eurofins Scientific
China Certification & Inspection
ALS Global
SIRIM QAS
Dekra
Lloyd's Register

Please note: The report will take approximately 2 business days to prepare and deliver.


*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Certification Market Size by Player
4 Certification by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Certification Market Forecast
11 Key Players Analysis
12 Research Findings and Conclusion

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