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The North America testing and commissioning market reached a value of US$ 59.8 Billion in 2020. Looking forward, IMARC Group expects the market to reach a value of US$ 79 Billion by 2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Testing and commissioning involve a set of processes, performed to establish if a product follows universal regulatory standards or not. The certified regulations are associated to the quality, performance, and technical safety of the product. Testing and commissioning are carried out in the best interest of the customer as they provide them assistance for a safe purchase. This process is necessary at every step of the supply chain, and in most cases utilizes analytical instruments and equipment (IES) that are useful in measuring as well as detecting electrical signals, biological interaction and physical properties. Some of the major testing and commissioning equipment include product simulation systems, analytical laboratory instruments, diagnostic equipment, and sensors and data acquisition instruments.
North America Testing and Commissioning Market Drivers:
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America testing and commissioning market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on service type, commissioning type, sourcing type and end use industry.
Breakup by Service Type:
Testing services currently represent the largest segment owing to rising concerns regarding the overall quality of the product.
Breakup by Sourcing Type:
In-house sourcing is currently the most popular type of sourcing.
Breakup by Commissioning Type:
Initial commissioning represents the most popular commissioning type as it is the basic step which is required for satisfying a product specification.
Breakup by End Use Industry:
Oil and Gas industry dominates the end-use segment, holding the majority of the market share.
The United States currently represents the biggest market for testing and commissioning in North America, followed by Canada. This can be accredited to the presence of strict guidelines and regulations in numerous end-use industries including infrastructure and construction, oil and gas, and Chemical industries.
The North America testing and commissioning market consists of numerous small and large manufacturers. Some of the leading players operating in the market are:
This report provides a deep insight into the North America testing and commissioning market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America testing and commissioning market in any manner.
|Base Year of the Analysis||2020|
|Segment Coverage||Service Type, Commissioning Type, Sourcing Type, End Use Industry, Country|
|Countries Covered||United States, Canada|
|Companies Covered||SGS, Intertek, Eurofins, Bureau Veritas, DNV GL, Applus, ALS Global, TUV Rheinland, TUV SUD and BSI Group|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License $ 2499
Five User License $ 2999
Corporate License $ 3499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
Key Questions Answered in This Report:
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