Market Overview:
The South East United States testing and commissioning market reached a value of US$ 10.22 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 14.33 Million by 2027 exhibiting a CAGR of 5.70% during 2022-2027. 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. These insights are included in the report as a major market contributor.
Testing and commissioning refer to a set of procedures, primarily conducted to ensure that the services, infrastructures, and products adhere to the mandated regulations and standards. The certified norms are associated with the quality, performance and technical safety of the product, and assist the consumer in making a safe purchase. Some of the common testing and commissioning equipment include product simulation systems, analytical laboratory instruments, diagnostic equipment, sensors and data acquisition instruments, etc. Testing and commissioning can be carried out independently of stakeholders, or at the request of the manufacturer, or on behalf of either private or public authorities, or the purchaser or end-user.
South East United States Testing and Commissioning Market Trends:
A significant rise in international trade activities, along with the increasing need for efficient inspection and certification services, is primarily driving the market for testing and commissioning in the Southeast United States. Moreover, the growing concerns towards product quality and intense market competition are also compelling several organizations to adopt testing and commissioning services. Apart from this, the launch of numerous stringent regulations by the government bodies related to health, environment, and product safety, particularly across sectors such as oil and gas, construction, chemicals, etc., is further augmenting the market growth. Owing to the introduction of the Food Safety Modernization Act, various food processing units are focusing on food safety audits and quality assessment activities, which is acting as a significant growth-inducing factor. In the healthcare sector, the shifting preferences from a voluntary-based risk management approach towards mandatory testing services are also bolstering the regional market. Moreover, the growing inclination towards outsourcing of testing, inspection, and certification services is positively influencing the overall market growth. Additionally, the rising adoption of numerous advanced technologies, such as digital processing, predictive maintenance, Big Data, etc., to offer premium testing and commissioning services to the end-users will continue to drive the market in the Southeast United States over the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the South East United States testing and commissioning market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on service type and commissioning type.
Breakup by Service Type:
- Testing
- Commissioning
- Certification
Breakup by Commissioning Type:
Breakup by Region:
- Florida
- North Carolina
- Georgia
- Tennessee
- South Carolina
- Alabama
- Mississippi
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being ALS Limited, Applus RTD USA, Inc, BSI Group, Bureau Veritas, DNV GL, Eurofins US, Intertek USA Inc., SGS North America Inc., TUV Rheinland, and TUV SUD.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Million |
| Segment Coverage |
Service Type, Commissioning Type, Region |
| Region Covered |
Florida, North Carolina, Georgia, Tennessee, South Carolina, Alabama, Mississippi |
| Companies Covered |
ALS Limited, Applus RTD USA, Inc, BSI Group, Bureau Veritas, DNV GL, Eurofins US, Intertek USA Inc., SGS North America Inc., TUV Rheinland, and TUV SUD. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
| 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:
- How has the South East United States testing and commissioning market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the South East United States testing and commissioning market?
- What are the key regional markets?
- What is the breakup of the market based on the service type?
- What is the breakup of the market based on the commissioning type?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the South East United States testing and commissioning market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 United States Testing and Commissioning Industry
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 South East United States Testing and Commissioning Industry
6.1 Market Overview
6.2 Market Performance
6.3 Market Breakup by Service Type
6.4 Market Breakup by Region
6.5 Market Forecast
7 South East United States Testing and Commissioning Market Breakup by Service Type
7.1 Testing
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Commissioning
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Certification
7.3.1 Market Trends
7.3.2 Market Forecast
8 South East United States Commissioning Market Breakup by Commissioning Type
8.1 Initial
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Retro
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Continuous
8.3.1 Market Trends
8.3.2 Market Forecast
9 South East United States Testing and Commissioning Market Breakup by Region
9.1 Florida
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 North Carolina
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Georgia
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Tennessee
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 South Carolina
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Alabama
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Mississippi
9.7.1 Market Trends
9.7.2 Market Forecast
9.8 Others
9.8.1 Market Trends
9.8.2 Market Forecast
10 SWOT Analysis
10.1 Strengths
10.2 Weaknesses
10.3 Opportunities
10.4 Threats
11 Value Chain Analysis
12 Porter’s Five Forces Analysis
12.1 Bargaining Power of Buyers
12.2 Bargaining Power of Suppliers
12.3 Degree of Competition
12.4 Threat of New Entrants
12.5 Threat of Substitutes
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 ALS Limited
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.2 Applus RTD Usa, Inc
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 BSI Group
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.4 Bureau Veritas
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.5 DNV GL
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Financials
13.3.6 Eurofins US
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 Financials
13.3.7 Intertek USA Inc.
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.8 SGS North America Inc.
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.9 TUV Rheinland
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 TUV SUD
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.10.3 Financials
List of Figures
Figure 1: United States: Testing and Commissioning Market: Major Drivers and Challenges
Figure 2: United States: Testing and Commissioning Market: Sales Value (in Billion US$), 2016-2021
Figure 3: United States: Testing and Commissioning Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Southeast United States: Testing and Commissioning Market: Sales Value (in Million US$), 2016-2021
Figure 5: Southeast United States: Testing and Commissioning Market: Breakup by Service Type (in %), 2021
Figure 6: Southeast United States: Testing and Commissioning Market: Breakup by Region (in %), 2021
Figure 7: Southeast United States: Testing and Commissioning Market Forecast: Sales Value (in Million US$), 2022- 2027
Figure 8: Southeast United States: Testing and Commissioning (Testing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Southeast United States: Testing and Commissioning (Testing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Southeast United States: Testing and Commissioning (Commissioning) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Southeast United States: Testing and Commissioning (Commissioning) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Southeast United States: Testing and Commissioning (Certification) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Southeast United States: Testing and Commissioning (Certification) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Southeast United States: Commissioning Market: Breakup by Commissioning Type (in %), 2021
Figure 15: Southeast United States: Commissioning (Initial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Southeast United States: Commissioning (Initial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Southeast United States: Commissioning (Retro) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Southeast United States: Commissioning (Retro) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Southeast United States: Commissioning (Continuous) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Southeast United States: Commissioning (Continuous) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Florida: Testing and Commissioning Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Florida: Testing and Commissioning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: North Carolina: Testing and Commissioning Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: North Carolina: Testing and Commissioning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Georgia: Testing and Commissioning Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Georgia: Testing and Commissioning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Tennessee: Testing and Commissioning Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Tennessee: Testing and Commissioning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: South Carolina: Testing and Commissioning Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: South Carolina: Testing and Commissioning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Alabama: Testing and Commissioning Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Alabama: Testing and Commissioning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Mississippi: Testing and Commissioning Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Mississippi: Testing and Commissioning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Others: Testing and Commissioning Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Others: Testing and Commissioning Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: United States: Testing and Commissioning Industry: SWOT Analysis
Figure 38: United States: Testing and Commissioning Market: Value Chain Analysis
Figure 39: United States: Testing and Commissioning Industry: Porters Five Forces Analysis
List of Tables
Table 1: Southeast United States: Testing and Commissioning Market: Key Industry Highlights, 2021 and 2027
Table 2: Southeast United States: Testing and Commissioning Market Forecast: Breakup by Service Type (in Million US$), 2022-2027
Table 3: Southeast United States: Commissioning Market Forecast: Breakup by Commissioning Type (in Million US$), 2022-2027
Table 4: Southeast United States: Testing and Commissioning Market: Breakup by Region (in Million US$), 2022-2027
Table 5: United States: Testing and Commissioning Industry: Market Structure
Table 6: United States: Testing and Commissioning Market: Key Players