# Testing and Commissioning Market Share, Trends, Industry Overview, Analysis, Latest Insights and Forecast to 2027
According to IMARC Group’s latest report, titled **“Testing and Commissioning Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”,** offers a comprehensive analysis of the industry, which comprises insights on the [testing and commissioning market share](https://www.imarcgroup.com/testing-commissioning-market).
The global testing and commissioning market reached a value of US$ 219.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 295.5 Billion by 2027, exhibiting at a CAGR of 5.0% during 2022-2027. Testing and commissioning is the set of procedures that are designed to validate the safety and performance of a product. It is crucial for ensuring that the product meets the design requirements, the mandated national and international regulations, and industry quality and safety standards. Also known as testing, inspection, and certification (TIC), it comprises a systematic set of tests, including inspections, documentary checks, data consistency verification, on-site or laboratory testing, and management process audits, that are performed throughout the supply chain and across diverse industry verticals. This is done in order to warrant that the end users receive optimal quality products and services with excellent functioning.
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**Global Testing and Commissioning Market Trends:**
The market is primarily driven by the rapid globalization that has resulted in a significant increase in trade activities between different countries. This, consequently, has led to the emergence of complex supply chains and subsequently to the rising demand for enhanced testing, inspection, and certification services that comply with international standards. There has also been an increase in the requirement of outsourcing testing, inspection and certification services across various industries in an attempt to minimize the costs associated with in-house testing. This, along with the implementation of revised strict regulatory standards concerning the health, environment and quality safety of products, is providing a thrust to the market growth. Moreover, key market players are now providing premium testing and commissioning services to end users by integrating advanced tools, such as big data and digital processing. They are also engaging in merger and acquisition (M&A) activities to expand their geographical footprint and offer improved services with the utilization of advanced tools, which is expected to create a positive outlook for the market.

**Testing and Commissioning Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:**
The competitive landscape of the testing and commissioning market has been studied in the report with the detailed profiles of the key players operating in the market.
**Some of these key players include:**
* SGS SA
* Bureau Veritas SA
* Intertek Group plc
* DEKRA SE
* TUV SUD AG.
**Key Market Segmentation:**
The report has segmented the global testing and commissioning market on the basis of service type, commissioning type, sourcing type, end-use sector and region.
**Breakup by Service Type:**
* Testing
* Certification
* Commissioning
**Breakup by Commissioning Type:**
* Initial Commissioning
* Retro Commissioning
* Monitor-Based Commissioning
**Breakup by Sourcing Type:**
* Inhouse
* Outsourced
**Breakup by End Use Sector:**
* Construction
* Industrial
* Consumer Products
* Life Sciences
* Oil and Gas
* Food and Agriculture
* Marine and Offshore
* Transport and Aerospace
* Energy and Power
* Chemicals
* Others
**Breakup by Region:**
* Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
* North America (United States, Canada)
* Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
* Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
* Middle East and Africa ( Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)
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**Key Highlights of the Report:**
* Market Performance (2016-2021)
* Market Outlook (2022-2027)
* Market Trends
* Market Drivers and Success Factors
* Impact of COVID-19
* Value Chain Analysis
* Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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