According to the latest report by IMARC Group, titled, South East United States Testing and Commissioning Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028, The South East United States testing and commissioning market size reached US$ 10.8 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 15.1 Million by 2028, exhibiting a growth rate (CAGR) of 5.7% during 2023-2028.
Testing and commissioning are procedures mainly conducted to ensure that the infrastructures, services, and products adhere to the mandated standards. The certified norms are related to the performance, quality, and technical safety of the product and aid the consumer in making a safe purchase. Standard procedures include analytical laboratory instruments, product simulation systems, diagnostic equipment, sensors, data acquisition instruments, etc. As a result, testing and commissioning find widespread applications among public or private authorities, stakeholders, manufacturers, purchasers, etc.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
South East United States Testing and Commissioning Market Trends:
The escalating international trade activities and the rising need for efficient inspection services are primarily driving the South East United States Testing and Commissioning Market. Besides this, the implementation of stringent regulations by the government bodies regarding the environment, health, and product safety across various sectors, such as oil and gas, chemicals, construction, etc., is further catalyzing the market growth. Apart from this, the shifting preferences from a voluntary-based risk management approach towards mandatory testing services in the healthcare sector are also stimulating the market across the United States. Moreover, the growing popularity of advanced technologies, including predictive maintenance, digital processing, Big Data, etc., to offer premium services to the end-users is anticipated to bolster the South East United States testing and commissioning market over the forecasted period.
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South East United States Testing and Commissioning Market 2023-2028 Analysis and Segmentation:
Competitive Landscape:
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.
The report has segmented the market on the basis of service type and commissioning type.
Breakup by Service Type:
Testing
Commissioning
Certification
Breakup by Commissioning Type:
Initial
Retro
Continuous
Breakup by Region:
Florida
North Carolina
Georgia
Tennessee
South Carolina
Alabama
Mississippi
Others
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Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023- 2028)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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