The global testing and commissioning market size reached US$ 187 Billion in 2018. By 2024, the market value is projected to reach US$ 247 Billion, at a projected CAGR of 4.8% during 2019-2024. As per the analysis by IMARC Group, the top testing and commissioning companies are working to ensure that their clients meet the required safety, health and quality needs. They are engaged in testing, inspection, verification, and certification services to increase productivity, manage risk, and improve the quality as well as the compliance of companies, and their products and services. Some of the leading players are also engaging in merger and acquisition activities to reinforce their service matrix and expand their geographical footprint.
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Headquarter: Geneva, Switzerland
SGS is one of the world’s leading inspection, verification, testing and certification organization that provides specialized business solutions for improving safety, quality, and productivity. The company primarily operates in nine segments, which include Oil, Agriculture, Minerals Services, Food and Life, Gas and Chemicals Services, Consumer and Retail Services, Certification and Business Enhancement, Industrial Services, Environment, Health and Safety Services, Transportation Services, and Governments and Institutions Services. It provides certification services which enables clients to demonstrate compliance of their products, systems, processes, or services with national and international regulations and standards. It also offers outsourcing, verification, product testing, consultancy, workforce training, and data analytics services.
Bureau Veritas S.A.
Headquarter: Paris, France
Bureau Veritas S.A., formerly known as Bureau Veritas Registre International de Classification de Navires et d’Aeronefs, is a global leader in testing, inspection and certification (TIC) that delivers high-quality services to assist clients in meeting the growing concern of safety, quality, environmental protection and social responsibility. The company provides innovative solutions that go beyond compliance with standards, minimizing risk, enhancing overall performance and promoting sustainable development.
Intertek Group Plc.
Intertek Group Plc., founded by Caleb Brett, mainly engages in providing assurance, testing, inspection and certification services to industries around the world. It offers services such as auditing and inspection, training, advisory, quality assurance and certification. It operates through three segments, which include Products, Trade and Resources. The Products segment comprises business lines that focus on ensuring the overall quality as well as safety of physical components and products and reducing the risk through assessing the operating process and quality management systems of the customers. The Trade segment covers services that reflect the breadth of testing, inspection and certification offering and include inspection, analytical assessment and technical services that are delivered to customers through issuing certificates or reports. Moreover, the Resources segment includes similar services across its range of total quality assurance solutions to the oil, gas, power, nuclear and minerals industries.
Headquarter: Stuttgart, Germany
Dekra is a completely owned subsidiary of Deutscher Kraftfahrzeug-Überwachungs-Verein e.V., which ensures the safety of human interaction with technology and the environment. The company’s portfolio, with qualified and independent expert services, ranges from vehicle inspection and expert appraisals to claims services, industrial and building inspections, safety consultancy, testing and certification of products and systems, and training courses and temporary work.
Headquarter: Munich, Germany
TÜV SÜD is a leading technical service corporation that aims to instill trust in technology, enabling progress by managing technology-related risks, thereby facilitating change. The company’s range of services includes inspection, tests, consultancy, and expert reports as well as certification and training.
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