Gästebuch » analysis services market is fairly fragme

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Testing and Analysis Services Market to Report a CAGR of 5.6% Between 2015 and 2023

by poojam · August 22, 2018


The testing and analysis services market is fairly fragmented with the presence of a number of small players offering services at competitive pricing, notes Transparency Market Research (TMR). Some of the leading players in the globaltesting and analysis services market are LECO Corporation Cheap Patrick Roy Hoodie , Koninklijke Philips N.V., Maxxam Analytics, Acuren, Eurofins, ALS Global, Intertek Group plc. Cheap Mikko Rantanen Hoodie , SGS S.A., Exova Group plc., and Bureau Veritas S. A. Several key players are adopting organic growth strategy and capitalizing on emerging opportunities in the areas of food testing and in the oil and gas analysis, in order to strengthen their presence across various end-use industries. In addition, several major global players and mid-sized companies opt for acquisitions as the key strategy to consolidate their shares, observes TMR.


The market for global testing and analysis services stood at US$17.9 bn in 2014 and is anticipated to rise at a CAGR of 5.6% from 2015 to 2023. The opportunities in the market are projected to reach US$29.1 bn by the end of the forecast period.


Substantial Demand for Advanced Elemental Analysis Services in North America


Regionally Cheap Gabriel Landeskog Hoodie , the global testing and analysis services market is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East and North Africa (MENA), Rest of the World (RoW). Of these Cheap Nathan MacKinnon Hoodie , currently, North America leads the regional market. The growth of this regional market is anticipated to be driven by the burgeoning demand for a variety of environmental and chemical testing services.