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Aerospace & Life Sciences Testing, Inspection, and Certification - Market Analysis, Trends, and Forecasts

  • ID: 4804504
  • Report
  • February 2020
  • Region: Global
  • 144 pages
  • Global Industry Analysts, Inc
1 of 3

FEATURED COMPANIES

  • ALS
  • BUREAU VERITAS GROUP
  • ENVIGO
  • GATEWAY ANALYTICAL
  • MEDISTRI SA
  • SGS SA
  • MORE
Aerospace & Life Sciences Testing, Inspection, and Certification market worldwide is projected to grow by US$14 Billion, driven by a compounded growth of 5.5%. Testing, one of the segments analyzed and sized in this study, displays the potential to grow at over 5.9%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$18.6 Billion by the year 2025, Testing will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 6.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$697.8 Million to the region's size and clout in the next 5 to 6 years. Over US$647.3 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Testing will reach a market size of US$1.6 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 5.1% over the next couple of years and add approximately US$2.3 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others,
  • ALS Ltd.
  • Applus+ Group
  • Avomeen Analytical Services
  • Bureau Veritas Group
  • DNV GL Group
  • Element Materials Technology
  • Element Materials Technology Group Limited
  • Envigo, Inc.
  • Eurofins Scientific
  • Gateway Analytical LLC.
  • Intertek Group PLC
  • Medistri SA
  • MISTRAS Group, Inc.
  • SGS SA
  • Tuv Nord Group
  • TUV Rheinland AG
  • Tuv Sud AG
  • UL LLC
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • ALS
  • BUREAU VERITAS GROUP
  • ENVIGO
  • GATEWAY ANALYTICAL
  • MEDISTRI SA
  • SGS SA
  • MORE

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Testing, Inspection and Certification (TIC): A Prelude

Bright Prospects Ahead for TIC in Aerospace & Life Sciences Sectors

Global Competitor Market Shares

Aerospace & Life Sciences Testing, Inspection, and Certification Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Aerospace TIC: A High Growth Segment

Aerospace Testing Constitutes a Major Revenue Generator

NDT Makes Big Gains

Inspection Remains Extremely Important for Aerospace Parts

Automated Technologies Come to Fore Offering Best-in-Class Inspection Capabilities

Uptrend in Aircraft Parts Manufacturing Sustains Momentum in Aerospace TIC Domain

Emphasis on Traceability Amid Growing Concerns over Counterfeit Parts Gives Impetus to Aerospace TIC

Launch of New Aerospace Testing Facilities to Augment Revenue Expansion: A Review of Select Recently Launched Aerospace Testing Units Worldwide

Element Materials Technology Opens New Aerospace Testing Facility in Piedmont, South Carolina

Hexcel Launches Joint Venture Aircraft Composites Testing Lab in Shanghai

DuPont Inaugurates New Aerospace Technology Center in Ohio with Advanced Testing Capabilities

Honeywell Inaugurates New Aerospace Testing Laboratory in Puerto Rico

Polonia Aero Commences Advanced Cold Flow Turbine Testing Laboratory

Exova Commences New Flagship Aerospace Testing Laboratory in Toulouse

Increased Spending on Commercial & Military Aircraft Creates Robust Business Case for Aerospace TIC

Global Commercial Aircraft Fleet Size (in Units) by Aircraft Type for the Years 2019 & 2029

Annual Worldwide Private Jet Deliveries for Years 2019 through 2029

Life Sciences TIC Continues to Exhibit Robust Expansion

Comprehensive Inspection Strategies Ensure Integrity and Safety of Life Science Facilities

Regulatory Emphasis Makes Life Sciences TIC More Important Than Ever Before

Compliance Modernization Requirements Create Robust Opportunities

Medical Device Regulations Accentuate the Demand for Life Science TIC

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: Aerospace & Life Sciences Testing, Inspection, and Certification Global Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025

TABLE 2: Aerospace & Life Sciences Testing, Inspection, and Certification Global Retrospective Market Scenario in US$ Million by Region/Country: 2009-2017

TABLE 3: Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025

TABLE 4: Testing (Service Type) World Market by Region/Country in US$ Million: 2018 to 2025

TABLE 5: Testing (Service Type) Historic Market Analysis by Region/Country in US$ Million: 2009 to 2017

TABLE 6: Testing (Service Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2009 VS 2019 VS 2025

TABLE 7: Inspection (Service Type) Potential Growth Markets Worldwide in US$ Million: 2018 to 2025

TABLE 8: Inspection (Service Type) Historic Market Perspective by Region/Country in US$ Million: 2009 to 2017

TABLE 9: Inspection (Service Type) Market Sales Breakdown by Region/Country in Percentage: 2009 VS 2019 VS 2025

TABLE 10: Certification (Service Type) Geographic Market Spread Worldwide in US$ Million: 2018 to 2025

TABLE 11: Certification (Service Type) Region Wise Breakdown of Global Historic Demand in US$ Million: 2009 to 2017

TABLE 12: Certification (Service Type) Market Share Distribution in Percentage by Region/Country: 2009 VS 2019 VS 2025

TABLE 13: Other Service Types (Service Type) World Market Estimates and Forecasts by Region/Country in US$ Million: 2018 to 2025

TABLE 14: Other Service Types (Service Type) Market Historic Review by Region/Country in US$ Million: 2009 to 2017

TABLE 15: Other Service Types (Service Type) Market Share Breakdown by Region/Country: 2009 VS 2019 VS 2025

TABLE 16: Aerospace (Application) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2018-2025

TABLE 17: Aerospace (Application) Global Historic Analysis in US$ Million by Region/Country: 2009-2017

TABLE 18: Aerospace (Application) Distribution of Global Sales by Region/Country: 2009 VS 2019 VS 2025

TABLE 19: Medical & Life Sciences (Application) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2018 through 2025

TABLE 20: Medical & Life Sciences (Application) Analysis of Historic Sales in US$ Million by Region/Country for the Years 2009 to 2017

TABLE 21: Medical & Life Sciences (Application) Global Market Share Distribution by Region/Country for 2009, 2019, and 2025

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Aerospace & Life Sciences Testing, Inspection, and Certification Market Share (in %) by Company: 2019 & 2025

Market Analytics

TABLE 22: United States Aerospace & Life Sciences Testing, Inspection, and Certification Market Estimates and Projections in US$ Million by Service Type: 2018 to 2025

TABLE 23: Aerospace & Life Sciences Testing, Inspection, and Certification Market in the United States by Service Type: A Historic Review in US$ Million for 2009-2017

TABLE 24: United States Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Breakdown by Service Type: 2009 VS 2019 VS 2025

TABLE 25: United States Aerospace & Life Sciences Testing, Inspection, and Certification Latent Demand Forecasts in US$ Million by Application: 2018 to 2025

TABLE 26: Aerospace & Life Sciences Testing, Inspection, and Certification Historic Demand Patterns in the United States by Application in US$ Million for 2009-2017

TABLE 27: Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Breakdown in the United States by Application: 2009 VS 2019 VS 2025

CANADA

TABLE 28: Canadian Aerospace & Life Sciences Testing, Inspection, and Certification Market Estimates and Forecasts in US$ Million by Service Type: 2018 to 2025

TABLE 29: Canadian Aerospace & Life Sciences Testing, Inspection, and Certification Historic Market Review by Service Type in US$ Million: 2009-2017

TABLE 30: Aerospace & Life Sciences Testing, Inspection, and Certification Market in Canada: Percentage Share Breakdown of Sales by Service Type for 2009, 2019, and 2025

TABLE 31: Canadian Aerospace & Life Sciences Testing, Inspection, and Certification Market Quantitative Demand Analysis in US$ Million by Application: 2018 to 2025

TABLE 32: Aerospace & Life Sciences Testing, Inspection, and Certification Market in Canada: Summarization of Historic Demand Patterns in US$ Million by Application for 2009-2017

TABLE 33: Canadian Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Analysis by Application: 2009 VS 2019 VS 2025

JAPAN

TABLE 34: Japanese Market for Aerospace & Life Sciences Testing, Inspection, and Certification: Annual Sales Estimates and Projections in US$ Million by Service Type for the Period 2018-2025

TABLE 35: Aerospace & Life Sciences Testing, Inspection, and Certification Market in Japan: Historic Sales Analysis in US$ Million by Service Type for the Period 2009-2017

TABLE 36: Japanese Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Analysis by Service Type: 2009 VS 2019 VS 2025

TABLE 37: Japanese Demand Estimates and Forecasts for Aerospace & Life Sciences Testing, Inspection, and Certification in US$ Million by Application: 2018 to 2025

TABLE 38: Japanese Aerospace & Life Sciences Testing, Inspection, and Certification Market in US$ Million by Application: 2009-2017

TABLE 39: Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Shift in Japan by Application: 2009 VS 2019 VS 2025

CHINA

TABLE 40: Chinese Aerospace & Life Sciences Testing, Inspection, and Certification Market Growth Prospects in US$ Million by Service Type for the Period 2018-2025

TABLE 41: Aerospace & Life Sciences Testing, Inspection, and Certification Historic Market Analysis in China in US$ Million by Service Type: 2009-2017

TABLE 42: Chinese Aerospace & Life Sciences Testing, Inspection, and Certification Market by Service Type: Percentage Breakdown of Sales for 2009, 2019, and 2025

TABLE 43: Chinese Demand for Aerospace & Life Sciences Testing, Inspection, and Certification in US$ Million by Application: 2018 to 2025

TABLE 44: Aerospace & Life Sciences Testing, Inspection, and Certification Market Review in China in US$ Million by Application: 2009-2017

TABLE 45: Chinese Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Breakdown by Application: 2009 VS 2019 VS 2025

EUROPE

Market Facts & Figures

European Aerospace & Life Sciences Testing, Inspection, and Certification Market: Competitor Market Share Scenario (in %) for 2019 & 2025

Market Analytics

TABLE 46: European Aerospace & Life Sciences Testing, Inspection, and Certification Market Demand Scenario in US$ Million by Region/Country: 2018-2025

TABLE 47: Aerospace & Life Sciences Testing, Inspection, and Certification Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2009-2017

TABLE 48: European Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Shift by Region/Country: 2009 VS 2019 VS 2025

TABLE 49: European Aerospace & Life Sciences Testing, Inspection, and Certification Market Estimates and Forecasts in US$ Million by Service Type: 2018-2025

TABLE 50: Aerospace & Life Sciences Testing, Inspection, and Certification Market in Europe in US$ Million by Service Type: A Historic Review for the Period 2009-2017

TABLE 51: European Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Breakdown by Service Type: 2009 VS 2019 VS 2025

TABLE 52: European Aerospace & Life Sciences Testing, Inspection, and Certification Addressable Market Opportunity in US$ Million by Application: 2018-2025

TABLE 53: Aerospace & Life Sciences Testing, Inspection, and Certification Market in Europe: Summarization of Historic Demand in US$ Million by Application for the Period 2009-2017

TABLE 54: European Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Analysis by Application: 2009 VS 2019 VS 2025

FRANCE

TABLE 55: Aerospace & Life Sciences Testing, Inspection, and Certification Market in France by Service Type: Estimates and Projections in US$ Million for the Period 2018-2025

TABLE 56: French Aerospace & Life Sciences Testing, Inspection, and Certification Historic Market Scenario in US$ Million by Service Type: 2009-2017

TABLE 57: French Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Analysis by Service Type: 2009 VS 2019 VS 2025

TABLE 58: Aerospace & Life Sciences Testing, Inspection, and Certification Quantitative Demand Analysis in France in US$ Million by Application: 2018-2025

TABLE 59: French Aerospace & Life Sciences Testing, Inspection, and Certification Historic Market Review in US$ Million by Application: 2009-2017

TABLE 60: French Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Analysis: A 17-Year Perspective by Application for 2009, 2019, and 2025

GERMANY

TABLE 61: Aerospace & Life Sciences Testing, Inspection, and Certification Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Service Type for the Period 2018-2025

TABLE 62: German Aerospace & Life Sciences Testing, Inspection, and Certification Historic Market Analysis in US$ Million by Service Type: 2009-2017

TABLE 63: German Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Breakdown by Service Type: 2009 VS 2019 VS 2025

TABLE 64: Aerospace & Life Sciences Testing, Inspection, and Certification Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by Application for the Period 2018-2025

TABLE 65: German Aerospace & Life Sciences Testing, Inspection, and Certification Market in Retrospect in US$ Million by Application: 2009-2017

TABLE 66: Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Distribution in Germany by Application: 2009 VS 2019 VS 2025

ITALY

TABLE 67: Italian Aerospace & Life Sciences Testing, Inspection, and Certification Market Growth Prospects in US$ Million by Service Type for the Period 2018-2025

TABLE 68: Aerospace & Life Sciences Testing, Inspection, and Certification Historic Market Analysis in Italy in US$ Million by Service Type: 2009-2017

TABLE 69: Italian Aerospace & Life Sciences Testing, Inspection, and Certification Market by Service Type: Percentage Breakdown of Sales for 2009, 2019, and 2025

TABLE 70: Italian Demand for Aerospace & Life Sciences Testing, Inspection, and Certification in US$ Million by Application: 2018 to 2025

TABLE 71: Aerospace & Life Sciences Testing, Inspection, and Certification Market Review in Italy in US$ Million by Application: 2009-2017

TABLE 72: Italian Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Breakdown by Application: 2009 VS 2019 VS 2025

UNITED KINGDOM

TABLE 73: United Kingdom Market for Aerospace & Life Sciences Testing, Inspection, and Certification: Annual Sales Estimates and Projections in US$ Million by Service Type for the Period 2018-2025

TABLE 74: Aerospace & Life Sciences Testing, Inspection, and Certification Market in the United Kingdom: Historic Sales Analysis in US$ Million by Service Type for the Period 2009-2017

TABLE 75: United Kingdom Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Analysis by Service Type: 2009 VS 2019 VS 2025

TABLE 76: United Kingdom Demand Estimates and Forecasts for Aerospace & Life Sciences Testing, Inspection, and Certification in US$ Million by Application: 2018 to 2025

TABLE 77: United Kingdom Aerospace & Life Sciences Testing, Inspection, and Certification Market in US$ Million by Application: 2009-2017

TABLE 78: Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Shift in the United Kingdom by Application: 2009 VS 2019 VS 2025

REST OF EUROPE

TABLE 79: Rest of Europe Aerospace & Life Sciences Testing, Inspection, and Certification Market Estimates and Forecasts in US$ Million by Service Type: 2018-2025

TABLE 80: Aerospace & Life Sciences Testing, Inspection, and Certification Market in Rest of Europe in US$ Million by Service Type: A Historic Review for the Period 2009-2017

TABLE 81: Rest of Europe Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Breakdown by Service Type: 2009 VS 2019 VS 2025

TABLE 82: Rest of Europe Aerospace & Life Sciences Testing, Inspection, and Certification Addressable Market Opportunity in US$ Million by Application: 2018-2025

TABLE 83: Aerospace & Life Sciences Testing, Inspection, and Certification Market in Rest of Europe: Summarization of Historic Demand in US$ Million by Application for the Period 2009-2017

TABLE 84: Rest of Europe Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Analysis by Application: 2009 VS 2019 VS 2025

ASIA-PACIFIC

TABLE 85: Aerospace & Life Sciences Testing, Inspection, and Certification Market in Asia-Pacific by Service Type: Estimates and Projections in US$ Million for the Period 2018-2025

TABLE 86: Asia-Pacific Aerospace & Life Sciences Testing, Inspection, and Certification Historic Market Scenario in US$ Million by Service Type: 2009-2017

TABLE 87: Asia-Pacific Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Analysis by Service Type: 2009 VS 2019 VS 2025

TABLE 88: Aerospace & Life Sciences Testing, Inspection, and Certification Quantitative Demand Analysis in Asia-Pacific in US$ Million by Application: 2018-2025

TABLE 89: Asia-Pacific Aerospace & Life Sciences Testing, Inspection, and Certification Historic Market Review in US$ Million by Application: 2009-2017

TABLE 90: Asia-Pacific Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Analysis: A 17-Year Perspective by Application for 2009, 2019, and 2025

REST OF WORLD

TABLE 91: Rest of World Aerospace & Life Sciences Testing, Inspection, and Certification Market Estimates and Forecasts in US$ Million by Service Type: 2018 to 2025

TABLE 92: Rest of World Aerospace & Life Sciences Testing, Inspection, and Certification Historic Market Review by Service Type in US$ Million: 2009-2017

TABLE 93: Aerospace & Life Sciences Testing, Inspection, and Certification Market in Rest of World: Percentage Share Breakdown of Sales by Service Type for 2009, 2019, and 2025

TABLE 94: Rest of World Aerospace & Life Sciences Testing, Inspection, and Certification Market Quantitative Demand Analysis in US$ Million by Application: 2018 to 2025

TABLE 95: Aerospace & Life Sciences Testing, Inspection, and Certification Market in Rest of World: Summarization of Historic Demand Patterns in US$ Million by Application for 2009-2017

TABLE 96: Rest of World Aerospace & Life Sciences Testing, Inspection, and Certification Market Share Analysis by Application: 2009 VS 2019 VS 2025

IV. COMPETITION

ALS

APPLUS+ GROUP

AVOMEEN ANALYTICAL SERVICES

BUREAU VERITAS GROUP

DNV GL GROUP

ENVIGO

EUROFINS SCIENTIFIC

GATEWAY ANALYTICAL

INTERTEK GROUP PLC

MEDISTRI SA

MISTRAS GROUP INC

SGS SA

TUV NORD GROUP

TUV SUD AG

TÜV RHEINLAND AG

UL LLC (UNDERWRITERS LABORATORIES)

V. CURATED RESEARCH

Note: Product cover images may vary from those shown
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  • ALS
  • APPLUS+ GROUP
  • AVOMEEN ANALYTICAL SERVICES
  • BUREAU VERITAS GROUP
  • DNV GL GROUP
  • ENVIGO
  • EUROFINS SCIENTIFIC
  • GATEWAY ANALYTICAL
  • INTERTEK GROUP PLC
  • MEDISTRI SA
  • MISTRAS GROUP INC
  • SGS SA
  • TUV NORD GROUP
  • TUV SUD AG
Note: Product cover images may vary from those shown
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