Functional Flour Market Global Scenario Testing, Inspection, and Certifications Market

Global Testing, Inspection, and Certifications Market is to reach $351
Billion by 2024, Says Variant Market Researc h
Global Testing, inspection, and certifications Market Report, published by Variant
Market Research, forecast that the global market is expected to reach $351 billion by
2024 from $229 billion in 2016; growing at a CAGR of 5.5% from 2016 to 2024. By
geography, Asia-Pacific and North America are expected to grow at a CAGR of 6% and
5.6%, respectively, during the forecast period. Strict regulation towards health and
environment safety, globalization, and increasing focus on outsourcing are the major
factors driving the global testing, inspection and certifications market. However, lack of
internationally accepted standards is expected to restrain the market growth in the
coming years. Advancement in technology and immense potential for testing, inspection
and certification in developing countries would provide several growth opportunities for
the market in the coming years.
Browse Complete Report @ https://www.variantmarketresearch.com/report-
categories/semiconductor-electronics/testing-inspection-and-certification-
market
The global testing, inspection and certifications market has been segmented on the
basis of type and application. By type the market is further segmented into testing,
inspection and certification. By application, the global testing, inspection, and
certifications market is segmented into oil & gas, aerospace, food & beverages,
automotive, medical devices, defence, telecommunication, automation, textile, and
others. By type, testing accounted for the largest market share in 2016 and is