Management System Certification Market Size, Share and Growth

Report Code SE 7927
Published in Jan, 2024, By MarketsandMarkets™
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Management System Certification Market by Certification Type (Product and Management System Certification), Service Type (Certification & Verification and Training & Business Assurance), Application, Vertical and Region - Global Forecast to 2029

Overview

The global management system certification market size is projected to grow from USD 40.0 billion in 2024 to USD 49.5 billion by 2029, growing at a CAGR of 4.3% from 2024 to 2029. A global push for standardized and responsible business practices drives the management system certification market. Organizations seek certifications like ISO 9001, ISO 14001, and ISO 45001 to demonstrate commitment to quality, environmental sustainability, and employee well-being. Increased globalization also fuels the demand as standardized processes become essential. Certification serves as a credibility and trust-building tool amid growing consumer and stakeholder awareness of ethical and sustainable practices. Integration of digital technologies for real-time monitoring further boosts the demand for certification services.

Attractive Opportunities in the Management System Certification Market

ASIA PACIFIC

Growth of Asia Pacific region is due to the strong need for certification of processes and products in the region because it is the largest manufacturing hub for medical devices, electronics, and fast-moving consumer goods (FMCG) and marine products.

The increasing frequency and severity of data breaches, along with the pervasive impact on financial stability and reputation, underscore the imperative for organizations to invest in certified cybersecurity frameworks.

Partnerships, acquisitions, agreements, service launches, and expansions are expected to offer lucrative growth opportunities for the market players.

The increasing awareness among consumers regarding product quality, safety, and environmental impact propels the demand for management system certification.

The consumer goods and retail sector is projected to hold the highest market share in the certification market due to prioritized quality and safety standards, including ISO 9001 and ISO 14001.

Global Management System Certification Market Dynamics

DRIVER: Rising consumer awareness and demand for transparency

The increasing awareness among consumers regarding product quality, safety, and environmental impact propels the demand for management system certification. Consumers today are more conscious about the products they purchase, preferring those from companies that adhere to recognized standards. For instance, in the food industry, the demand for products certified with standards like ISO 22000 for food safety management has risen due to heightened awareness of foodborne illnesses and contamination risks. Additionally, consumers are inclined to support businesses that demonstrate commitment to sustainable and socially responsible practices. Certifications such as ISO 14001 for environmental management and SA8000 for social accountability appeal to consumers who prioritize ethically produced goods. As a result, companies across various sectors are opting for management system certifications to meet consumer expectations, build trust, and enhance their market competitiveness.

RESTRAINT: High certification costs and resource investments

The substantial costs associated with obtaining and maintaining management system certifications significantly restrain the market. Seeking certification involves the initial expenses for assessment, documentation, and implementation and ongoing costs for audits and compliance maintenance. Small and medium-sized enterprises (SMEs) often face financial constraints that limit their ability to pursue certifications, hindering their competitiveness in markets increasingly prioritizing certified suppliers. For instance, ISO 9001 certification, a widely recognized quality management standard, can involve considerable financial commitments. The costs associated with certification can act as a deterrent for organizations, particularly those operating in price-sensitive industries, impacting the overall growth of the management system certification market.

 

OPPORTUNITY: Increasing focus on food safety and hygiene

Food safety and quality are crucial parameters, especially for those involved in producing and distributing food products and services. Hence, it is mandatory for food companies to comply with international standards and regulations throughout the entire production process. For instance, on August 25, 2021, the Food Safety & Standard Authority of India (FSSAI) issued a draft notification related to the Food Safety and Standards (Vegan Foods) Amendment Regulations, 2021. This regulation says that traceability shall be established up to the manufacturer level and shall include any other requirements prescribed by the food authority to maintain the vegan integrity of foods, food ingredients, or products thereof from time to time. This amendment also asks for compliance verification of the final product, using analytical tools available to ensure the absence of animal origin to endorse the vegan logo in the license.Also, FSSAI has notified a new set of regulations to amend the existing Food Safety and Standards (Import) Regulations, 2017. The said regulations came into force on the date of their publication in the official gazette, i.e., November 6, 2021, and Food Business Operators (FBOs) are expected to comply with all the provisions of these regulations with effect from June 1, 2022. The amendment clarifies and sets the standards for raw edible oil, multisource edible oil, dehydrated vegetables, protein-rich wheat flour, protein-rich refined wheat flour, multigrain flour, mixed millet flour, feed, honey, dried sweet basil leaves, non-caloric sweeteners in a returnable container, hemp seeds and seed products, microbiological standards of food grain products, etc. The FSSAI has said that it may sometimes specify the categories of food products intended for export to India to further regulate control. Consequently, foreign food manufacturing facilities falling under such categories and wishing to export their food products to India are expected to register with the food authority before exporting to India. The foreign food manufacturing facility is expected to apply for registration directly or through authorized representatives in Form 16 of these regulations, along with documents specified in Annexure-1 and fees as specified by the food authority.

CHALLENGE: Challenges faced by smaller market players in delivering certification services for emerging technologies

The integration of various technologies across diverse applications due to globalization has profoundly impacted day-to-day operations for personal and professional purposes. The swift pace of technological advancements, particularly in cognitive computing, blockchain, cybersecurity, and digital reality, is anticipated to act as macro forces directly shaping the perspectives of Testing, Inspection, and Certification (TIC) players in the current market landscape. The emerging digital experience is poised to introduce novel challenges for players in the management system certification sector. Notably, a fiercely competitive consumer environment has emerged in the augmented reality (AR) and virtual reality (VR) testing domain, prompting brands to distinguish themselves and enhance customer engagement. The AR/VR technology certification poses a unique challenge due to its immersive nature, making automated or lab testing intricate. Hardware certification becomes imperative to ensure proper functionality, alignment with the target demographic, and compatibility with other devices necessary for simulation. The adoption of certification services based on evolving technologies presents a challenge for smaller entities operating within the management system certification ecosystem.Conversely, the incorporation of emerging technologies into various products within automotive, IT, and telecommunications poses a challenge for smaller players in the global management system certification business. While major players, benefiting from substantial profit margins, can seamlessly integrate new technologies into their existing service portfolios for diverse applications, emerging and smaller players may face difficulties. A case in point is Bureau Veritas, which, in early 2018, introduced Origin, the world's inaugural traceability label offering end-to-end proof of a product's journey in the food and beverages, consumer goods, and retail industries. Origin provides consumers with a convenient means to access detailed information about each stage of a product's journey by scanning a QR code in-store, facilitating informed purchase decisions. Consequently, the assimilation of evolving technologies into current service offerings or the certification of products across varied applications is anticipated to present challenges for smaller management system certification players in the foreseeable future.

Global Management System Certification Market Ecosystem Analysis

Key companies in this market include well-established, financially stable product and management system certification providers. These companies have been operating in the market for several years and possess a diversified portfolio of certifications that cater to a wide range of applications. Prominent companies in this market include SGS(Switzerland), Bureau Veritas (France), Intertek Group plc (UK), TÜV Rheinland (Germany), DEKRA SE (Germany), Eurofins Scientific (Luxembourg), TÜV SÜD (Germany), and DNV GL (Norway).

 

By Application, cyber security segment likely to exhibit the highest CAGR during the forecast period.

Based on application, the cyber security segment is expected to exhibit the highest CAGR in management system certification market during the forecast period. A confluence of factors propels the rapid growth of cybersecurity system certification. Heightened awareness of escalating cyber threats and stringent regulatory compliance requirements have driven organizations to prioritize robust cybersecurity measures. The increasing frequency and severity of data breaches and the pervasive impact on financial stability and reputation underscore the imperative for organizations to invest in certified cybersecurity frameworks. For instance, according to AAG, the average cost of data breaches for businesses was USD 4.35 million in 2022. In the same year, 39% of UK businesses experienced a cyber-attack. The average financial impact of cybercrime on UK businesses was £4,200 (~USD 5,580) in 2022. These factors collectively contribute to the rapid growth of cybersecurity system certifications as organizations strive to fortify their defenses against cyber threats and demonstrate their commitment to cybersecurity best practices.

By Certification Type, product certification is expected to account for the largest share between 2024 and 2029.

The product certification segment is projected to account for a larger share of the product and management system certification market than the system certification segment from 2024 to 2029. The growth of this segment can be attributed to the increased volume of certified products after their manufacturing cycle is completed. The demand for system certification is rapidly increasing owing to the presence of standards in production procedures that are adhered to ensure the development of optimum quality and authentic products.By Vertical, medical and life sciences segment to exhibit the highest CAGR from 2024 to 2029.The medical and life sciences application is likely to exhibit the highest CAGR in the product and management system certification industry owing to the rising demand for medical devices with enhanced quality and improved safety in the middle of the pandemic. Various newly introduced certification services, such as remote audits and online recertification services, have gained traction in recent years.

ASIA PACIFIC Region Holds the Largest share of the Management System Certification Market

The Asia-Pacific region is witnessing a surge in product and management system certification demand, driven by several region-specific factors. The rapid industrialization and economic growth in countries like China and India have intensified the need for standardized processes and quality assurance, pushing businesses to seek certifications to meet international standards. Additionally, as Asia Pacific becomes a major player in global trade, there is an increasing emphasis on aligning products and management systems with international regulations and requirements to facilitate seamless cross-border transactions. The rise in consumer awareness and purchasing power in the region has led to a growing preference for certified products, emphasizing safety, quality, and sustainability.

 
 

Recent Developments of Management System Certification Market industry

  • In December 2023, Bureau Veritas and Avance Labs, the accredited code manager for International Renewable Energy Certificates (I-REC) related to hydrogen and its derivative fuels and products, entered into a memorandum of understanding (MoU). The agreement acknowledges the shared interest and advantages of collaborating in verifying and certifying attributes. In November 2023, SGS achieved accreditation from the ANSI National Accreditation Board (ANAB) for ISO 22716 cosmetics good manufacturing practices (GMP) certification, making it among the pioneering certification bodies to attain this recognition.
  • In January 2023, Bureau Veritas designed an all-encompassing certification program for renewable hydrogen to support the renewable sector's growth and hasten the transition to sustainable energy. In the context of the energy transition, ensuring compliance with and providing assurance for the sustainability of new energy production, storage, and distribution presents unique challenges. The creation of this certification scheme stems from the collective requests of hydrogen producers and off-takers for comprehensive standards that are well-suited to the rapidly expanding global hydrogen market. In April 2022, Intertek Group plc partnered with Xpansiv for the new Digital FuelsTM Program, providing services such as data quality assurance, carbon intensity benchmarking, and independent certifications. Xpansiv, recognized as a global marketplace for ESG commodities, recently introduced Digital Crude Oil (DCO) as the latest component of its Digital Fuels (DF) Program. The registration of DCO units on the Xpansiv DF Registry allows markets to distinguish crude oil based on greenhouse gas emissions and ESG performance.

Key Market Players

KEY PLAYERS IN THE Management System Certification Market INCLUDE

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Scope of the Report

Report Attribute Details
Estimated Value USD 40.0 billion in 2024
Expected Value  USD 49.5 billion by 2029
Growth Rate CAGR of 4.3%
Market Size Availability for Years 2020–2029
Base Year 2023
Forecast Period 2024–2029
Forecast Units Value (USD Million)
Segments Covered By certification type, service type, application, vertical, and region
Geographies Covered North America, Europe, Asia Pacific, and Rest of the World
Companies Covered SGS (Switzerland), Bureau Veritas (France), Intertek Group plc (UK), TÜV Rheinland (Germany), DEKRA SE (Germany), Eurofins Scientific (Luxembourg), TÜV SÜD (Germany), Applus+ (Spain), Lloyd's Register Group Limited (UK), and DNV GL (Norway). 25 companies

Key Questions Addressed by the Report

Which are the major companies in the management system certification market? What are their key strategies to strengthen their market presence?
The major companies in the management system certification market are – SGS (Switzerland), Bureau Veritas (France), Intertek Group plc (UK), TÜV Rheinland (Germany), DEKRA SE (Germany), Eurofins Scientific (Luxembourg), TÜV SÜD (Germany), Applus+ (Spain), Lloyd's Register Group Limited (UK), and DNV GL (Norway). The major strategies adopted by these players are service launches, partnerships, and expansions.
What are the new opportunities for emerging management system certification market players?
Emerging management system certification market players have ample opportunities to thrive by specializing in specific industries, leveraging emerging technologies like blockchain and AI, and offering flexible, agile certification services tailored to evolving business needs. The growing focus on sustainability, ethical practices, and strategic collaborations further enhances the prospects for these players in a dynamic and expanding market.
Which vertical is likely to drive the management system certification market growth in the next five years?
The medical and life sciences sector is poised for significant growth driven by ongoing innovation, research, and global health challenges. The aging global population and increasing chronic diseases fuel demand for healthcare services, pharmaceuticals, and medical devices. Governments' substantial investments in healthcare, coupled with stringent regulations, contribute to the sector's expansion.
Which region will likely offer lucrative management system certification market growth by 2029?
The Asia-Pacific region is set to experience the highest growth rate in the management system certification market. Government initiatives in various Asia Pacific countries promoting sustainable practices, environmental responsibility, and workplace safety are incentivizing businesses to undergo certification processes. As the region faces unique environmental concerns and public health challenges, certifications addressing these issues, such as ISO 14001 for environmental management and ISO 45001 for occupational health and safety, are gaining prominence.
Which factors are expected to boost the management system certification market in the next 5-6 years?
Over the next 5-6 years, the management system certification market is anticipated to experience growth due to the increasing focus on food safety and hygiene, increasing investments in latest technologies such as AI, ML, cloud computing, and big data, and growing illicit trade of forged and pirated goods among others.

 

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Table of Contents

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TITLE
PAGE NO
INTRODUCTION
28
RESEARCH METHODOLOGY
35
EXECUTIVE SUMMARY
45
PREMIUM INSIGHTS
50
MARKET OVERVIEW
55
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Increasing investments in artificial intelligence (AI), machine learning (ML), cloud computing, and big data technologies
    - Growing emphasis of manufacturing firms on customer retention
    - Rising illicit trade of forged and pirated goods
    - Rising consumer awareness and demand for transparency
    RESTRAINTS
    - Varied standards and regulations across countries
    - High certification costs and resource investments
    OPPORTUNITIES
    - Introduction of digital certification services after outbreak of COVID-19
    - Increasing focus on food safety and hygiene
    CHALLENGES
    - Challenges in gaining approval of certification services for evolving technologies by small market players
  • 5.3 SUPPLY CHAIN ANALYSIS
  • 5.4 TESTING, INSPECTION, AND CERTIFICATION MARKET TRENDS
  • 5.5 TECHNOLOGY ANALYSIS
  • 5.6 PRICING ANALYSIS
    INDICATIVE PRICING ANALYSIS OF MANAGEMENT SYSTEM CERTIFICATIONS
    INDICATIVE PRICING ANALYSIS OF MANAGEMENT SYSTEM CERTIFICATIONS OFFERED BY THREE KEY PLAYERS
  • 5.7 PATENT ANALYSIS
  • 5.8 TRADE ANALYSIS
    EXPORT SCENARIO
    IMPORT SCENARIO
  • 5.9 LIST OF KEY PLAYERS
    DEMAND-SIDE ANALYSIS
    SUPPLY-SIDE ANALYSIS
  • 5.10 ECOSYSTEM MAPPING
  • 5.11 TARIFF, STANDARD, AND REGULATORY LANDSCAPE
    TARIFF ANALYSIS
    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    REGULATIONS
    STANDARDS
  • 5.12 PORTER’S FIVE FORCES ANALYSIS
    THREAT OF NEW ENTRANTS
    THREAT OF SUBSTITUTES
    BARGAINING POWER OF SUPPLIERS
    BARGAINING POWER OF BUYERS
    INTENSITY OF COMPETITIVE RIVALRY
  • 5.13 CASE STUDY ANALYSIS
  • 5.14 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
  • 5.15 KEY CONFERENCES AND EVENTS, 2023–2024
  • 5.16 TYPES OF MANAGEMENT SYSTEM CERTIFICATIONS
    TRUSTED INFORMATION SECURITY ASSESSMENT EXCHANGE (TISAX)
    INTERNATIONAL ORGANIZATION FOR STANDARDIZATION (ISO) 27001
    ISO 14064
    ISO 9001/IATF 16949
MANAGEMENT SYSTEM CERTIFICATION MARKET, BY SERVICE TYPE
93
  • 6.1 INTRODUCTION
  • 6.2 CERTIFICATION & VERIFICATION
    INCREASED AWARENESS AMONG MASSES ABOUT USE OF AUTHENTICATED PRODUCTS AND ADHERENCE TO STRICT NORMS AND REGULATIONS TO CURB SUPPLY OF COUNTERFEIT PRODUCTS TO DRIVE MARKET
  • 6.3 TRAINING & BUSINESS ASSURANCE
    USE TO ENSURE RELIABILITY IN OBTAINING OPERATIONAL EXCELLENCE AND SUSTAINABLE BUSINESS PERFORMANCE TO DRIVE MARKET
MANAGEMENT SYSTEM CERTIFICATION MARKET, BY CERTIFICATION TYPE
97
  • 7.1 INTRODUCTION
  • 7.2 PRODUCT CERTIFICATION
    ENABLES INCREASED MARKETABILITY OF PRODUCTS
  • 7.3 SYSTEM CERTIFICATION
    HELPS BUSINESSES ACHIEVE OBJECTIVES WITH MINIMIZED RISKS
MANAGEMENT SYSTEM CERTIFICATION MARKET, BY APPLICATION
101
  • 8.1 INTRODUCTION
  • 8.2 QUALITY MANAGEMENT SYSTEMS (QMSS)
    NEED TO IDENTIFY AREAS FOR IMPROVEMENT AND MAKE DATA-DRIVEN DECISIONS TO DRIVE DEMAND
  • 8.3 OCCUPATIONAL HEALTH AND SAFETY (OH&S)
    ENHANCEMENT OF ORGANIZATION’S REPUTATION TO ATTRACT TALENT AND FOSTER POSITIVE RELATIONSHIPS WITH CLIENTS AND STAKEHOLDERS TO FUEL MARKET GROWTH
  • 8.4 INFORMATION SECURITY AND IT
    NEED TO PROTECT DIGITAL ASSETS AND MAINTAIN STAKEHOLDER TRUST AMID EVOLVING CYBER THREATS TO DRIVE DEMAND
  • 8.5 CYBER SECURITY
    INVESTMENTS IN ADAPTIVE INFORMATION SECURITY STRATEGIES TO PROTECT DIGITAL ASSETS AND MAINTAIN STAKEHOLDER TRUST AMID EVOLVING CYBER THREATS TO BOOST DEMAND
  • 8.6 FOOD SAFETY
    IMPLEMENTATION OF FOOD SAFETY CERTIFICATIONS TO MITIGATE RISKS AND ENHANCE PUBLIC HEALTH TO FUEL DEMAND
  • 8.7 ENVIRONMENTAL MANAGEMENT
    GROWING AWARENESS REGARDING ENVIRONMENTAL ISSUES AND NEED FOR ORGANIZATIONS TO REDUCE ECOLOGICAL FOOTPRINT TO PROPEL DEMAND
  • 8.8 OTHERS
MANAGEMENT SYSTEM CERTIFICATION MARKET, BY VERTICAL
109
  • 9.1 INTRODUCTION
  • 9.2 CONSUMER GOODS AND RETAIL
    INCREASED COMPLEXITY OF CONSUMER GOODS TO DRIVE DEMAND
  • 9.3 AGRICULTURE AND FOOD
    STRINGENT FOOD SAFETY NORMS AND SURGING DEMAND FOR QUALITY FOOD PRODUCTS TO FUEL DEMAND
  • 9.4 CHEMICALS
    NEED TO MITIGATE DISRUPTIONS, ENHANCE RESILIENCE, AND MAINTAIN OPERATIONS DURING UNFORESEEN EVENTS TO DRIVE DEMAND
  • 9.5 CONSTRUCTION AND INFRASTRUCTURE
    RISING REQUIREMENTS FOR HIGH-QUALITY INFRASTRUCTURE AND RAPID ADVANCEMENTS IN BUILDING INFRASTRUCTURE MODELLING TO CREATE GROWTH OPPORTUNITIES FOR MARKET PLAYERS
  • 9.6 ENERGY & POWER
    INCREASING NEED FOR ENERGY AND HIGH ADOPTION OF EMERGING TECHNOLOGIES IN ENERGY GENERATION TO PROPEL DEMAND
  • 9.7 INDUSTRIAL AND MANUFACTURING
    ACCELERATED REQUIREMENTS FOR SAFE AND QUALITY PRODUCTS TO FUEL MARKET GROWTH
  • 9.8 MEDICAL AND LIFE SCIENCES
    GROWING NEED FOR HIGH-QUALITY MEDICAL DEVICES TO MINIMIZE PATIENT SAFETY RISKS TO BOOST DEMAND
  • 9.9 MINING
    NEED FOR ENSURING RESPONSIBLE AND SUSTAINABLE MINING OPERATIONS AND ADDRESSING UNIQUE CHALLENGES AND RISKS TO DRIVE DEMAND
  • 9.10 OIL & GAS AND PETROLEUM
    DEVELOPMENT OF ENHANCED SERVICES FOR OIL & GAS AND PETROLEUM INDUSTRY TO DRIVE MARKET
  • 9.11 PUBLIC
    IMPLEMENTATION OF ANTI-BRIBERY MANAGEMENT SYSTEM STANDARD FOR REINFORCING TRANSPARENCY AND INTEGRITY IN PUBLIC SERVICE OPERATIONS TO DRIVE MARKET
  • 9.12 AUTOMOTIVE
    INCREASED DEMAND FOR HIGH-QUALITY AUTOMOBILE PARTS TO FUEL MARKET GROWTH
  • 9.13 AEROSPACE
    CONTINUOUS EVOLUTION OF TECHNOLOGIES USED IN AEROSPACE INDUSTRY TO DRIVE MARKET
  • 9.14 MARINE
    PRESENCE OF STRINGENT IMO REGULATIONS TO PROPEL MARKET GROWTH
  • 9.15 RAIL
    RISING USE OF ENTITY IN CHARGE OF MAINTENANCE (ECM) CERTIFICATION FOR ENTITIES RESPONSIBLE TO MAINTAIN ROLLING STOCK AND ENSURE COMPLIANCE WITH SAFETY AND MAINTENANCE STANDARDS TO DRIVE MARKET
  • 9.16 SUPPLY CHAIN & LOGISTICS
    INCREASING NEED TO OBTAIN CERTIFICATIONS BY ORGANIZATIONS TO ENHANCE SUPPLY CHAIN EFFECTIVENESS AND MITIGATE ASSOCIATED RISKS TO DRIVE MARKET
  • 9.17 IT AND TELECOM
    MANDATORY CERTIFICATION OF TELECOMMUNICATION EQUIPMENT TO PROMOTE MARKET GROWTH
  • 9.18 SPORTS AND ENTERTAINMENT
    GROWING USE IN EVENT PLANNING, CROWD MANAGEMENT, AND EXAMINING SAFETY PROTOCOLS TO DRIVE MARKET
MANAGEMENT SYSTEM CERTIFICATION MARKET, BY REGION
122
  • 10.1 INTRODUCTION
  • 10.2 NORTH AMERICA
    NORTH AMERICA: RECESSION IMPACT
    US
    - Surging adoption of management systems based on ISO standards to mitigate business risks and improve production efficiency to drive market
    CANADA
    - Increasing demand for management system certification from telecommunication and broadband service providers to boost market growth
    MEXICO
    - Rising demand for compact cars to fuel demand
  • 10.3 EUROPE
    EUROPE: RECESSION IMPACT
    UK
    - Rising need to certify consumer goods and medical devices to drive demand
    GERMANY
    - Increasing focus on rapid economic recovery and expanding charging infrastructure to facilitate demand
    FRANCE
    - Rising adoption of certification services in medical and life sciences and agriculture and food verticals to drive market
    REST OF EUROPE
  • 10.4 ASIA PACIFIC
    ASIA PACIFIC: RECESSION IMPACT
    CHINA
    - Booming healthcare industry to drive demand
    JAPAN
    - Surging requirements for product and management system certification in consumer goods and healthcare industries drive market
    INDIA
    - Ongoing government-led initiatives to attract FDI to fuel demand
    SOUTH KOREA
    - Surging adoption of certification services in medical and life sciences vertical to drive market
    SINGAPORE
    - Increasing emphasis on global competitiveness and need for Singaporean businesses to meet international standards to foster market growth
    THAILAND
    - Government-led initiatives to boost consumer confidence and promote Thai products globally to fuel demand
    MALAYSIA
    - Growing demand for halal products to fuel demand
    VIETNAM
    - Increasing adoption of Good Manufacturing Practice (GMP) certifications in pharmaceuticals and food industries to propel market growth
    REST OF ASIA PACIFIC
  • 10.5 ROW
    ROW: RECESSION IMPACT
    SOUTH AMERICA
    - Brazil
    - Argentina
    - Rest of South America
    MIDDLE EAST & AFRICA
    - Saudi Arabia
    - UAE
    - Qatar
    - Oman
    - Rest of Middle East & Africa
COMPETITIVE LANDSCAPE
246
  • 11.1 OVERVIEW
  • 11.2 STRATEGIES ADOPTED BY KEY PLAYERS
  • 11.3 MARKET SHARE ANALYSIS, 2022
  • 11.4 REVENUE ANALYSIS, 2018–2022
  • 11.5 COMPANY EVALUATION MATRIX, 2023
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
    COMPANY FOOTPRINT
  • 11.6 STARTUP/SMALL AND MEDIUM-SIZED ENTERPRISE (SME) EVALUATION MATRIX, 2023
    PROGRESSIVE COMPANIES
    RESPONSIVE COMPANIES
    DYNAMIC COMPANIES
    STARTING BLOCKS
  • 11.7 COMPETITIVE SCENARIOS AND TRENDS
    SERVICE LAUNCHES
    DEALS
    EXPANSIONS
    OTHERS
COMPANY PROFILES
268
  • 12.1 INTRODUCTION
  • 12.2 KEY PLAYERS
    SGS
    - Business overview
    - Services offered
    - Recent developments
    - MnM view
    BUREAU VERITAS
    - Business overview
    - Services offered
    - Recent developments
    - MnM view
    INTERTEK GROUP PLC
    - Business overview
    - Services offered
    - Recent developments
    - MnM view
    TÜV RHEINLAND
    - Business overview
    - Services offered
    - Recent developments
    - MnM view
    DEKRA SE
    - Business overview
    - Services offered
    - Recent developments
    - MnM view
    EUROFINS SCIENTIFIC
    - Business overview
    - Services offered
    - Recent developments
    TÜV SÜD
    - Business overview
    - Services offered
    - Recent developments
    DNV GL
    - Business overview
    - Services offered
    - Recent developments
    APPLUS+
    - Business overview
    - Services offered
    - Recent developments
    ALS
    - Business overview
    - Services offered
    - Recent developments
  • 12.3 OTHER PLAYERS
    LLOYD’S REGISTER GROUP SERVICES LIMITED
    THE BRITISH STANDARDS INSTITUTION
    RINA S.P.A.
    AL BORJ FACILITY MANAGEMENT
    SIS CERTIFICATIONS PVT. LTD.
    FINECERT
    URS HOLDINGS
    LL-C (CERTIFICATION)
    GCL INTERNATIONAL LTD
    AURION
    TÜV NORD GROUP
    IRCLASS
    DQS HOLDING GMBH
    HOLDING SOCOTEC
    ASTM
    VANTA
    DRATA INC.
APPENDIX
334
  • 13.1 INSIGHTS FROM INDUSTRY EXPERTS
  • 13.2 DISCUSSION GUIDE
  • 13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 13.4 CUSTOMIZATION OPTIONS
  • 13.5 RELATED REPORTS
  • 13.6 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 TESTING, INSPECTION, AND CERTIFICATION MARKET: MAJOR TRENDS
  • TABLE 2 IMPACT ANALYSIS OF EMERGING TECHNOLOGIES, 2023
  • TABLE 3 INDICATIVE PRICING ANALYSIS OF MANAGEMENT SYSTEM CERTIFICATIONS, 2019–2023
  • TABLE 4 INDICATIVE PRICING ANALYSIS OF MANAGEMENT SYSTEM CERTIFICATIONS OFFERED BY THREE KEY PLAYERS (USD)
  • TABLE 5 TOP 10 PATENT OWNERS OF MANAGEMENT SYSTEM CERTIFICATIONS, 2014–2023
  • TABLE 6 LIST OF PATENT REGISTRATIONS, 2020–2023
  • TABLE 7 EXPORT DATA FOR HS CODE 9018-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD BILLION)
  • TABLE 8 IMPORT DATA FOR HS CODE 9018-COMPLIANT PRODUCTS, BY COUNTRY, 2018–2022 (USD BILLION)
  • TABLE 9 COMPANIES AND THEIR ROLES IN MANAGEMENT SYSTEM CERTIFICATION ECOSYSTEM
  • TABLE 10 TARIFF IMPOSED BY KEY COUNTRIES ON HS CODE 9018-COMPLIANT PRODUCTS, 2022 (%)
  • TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 14 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 15 MANAGEMENT SYSTEM CERTIFICATION MARKET: REGULATIONS
  • TABLE 16 MARKET: STANDARDS
  • TABLE 17 MARKET: PORTER’S FIVE FORCES ANALYSIS, 2023
  • TABLE 18 ETIHAD AIRWAYS ENGINEERING COLLABORATED WITH NVT QC TO IMPLEMENT AS 9110C (AUDIT METHODOLOGY) TO IDENTIFY AREAS FOR IMPROVEMENT AND ASSESS PERFORMANCE ATTRIBUTES
  • TABLE 19 INTERTEK PROVIDED QUALITY MANAGEMENT SYSTEM (QMS) CERTIFICATION TO EMESEC INCORPORATED TO SMOOTHEN BUSINESS PROCESSES AND IDENTIFY RISKS
  • TABLE 20 TÜV SÜD PROVIDED CUSTOMIZED CERTIFICATION SERVICE TO DEICHMANN
  • TABLE 21 MARKET: LIST OF CONFERENCES AND EVENTS, 2023–2024
  • TABLE 22 DISTRIBUTION OF 93.454 IATF 16949-CERTIFIED SITES AS OF NOVEMBER 30, 2023
  • TABLE 23 TOTAL VALID CERTIFICATES AND NUMBER OF SITES AS OF DECEMBER 31, 2022
  • TABLE 24 MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 25 MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 26 MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 27 MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 28 MANAGEMENT CERTIFICATION SERVICES FOR KEY APPLICATIONS
  • TABLE 29 MARKET, BY APPLICATION, 2020–2023 (USD MILLION)
  • TABLE 30 MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
  • TABLE 31 PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 32 MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 33 MARINE EQUIPMENT CLASSIFICATION BY IMO
  • TABLE 34 CONFORMITY ASSESSMENT PROCEDURES ACCORDING TO MED
  • TABLE 35 MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 36 MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 37 NORTH AMERICA: PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 38 NORTH AMERICA: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 39 NORTH AMERICA: MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 40 NORTH AMERICA: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 41 NORTH AMERICA: PRODUCT CERTIFICATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 42 NORTH AMERICA: PRODUCT CERTIFICATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 43 NORTH AMERICA: MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 44 NORTH AMERICA: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 45 NORTH AMERICA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 46 NORTH AMERICA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 47 NORTH AMERICA:  MARKET, BY SERVICE TYPE 2020–2023 (USD MILLION)
  • TABLE 48 NORTH AMERICA: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 49 US: PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 50 US: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 51 US: MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 52 US: MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 53 US: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 54 US: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 55 CANADA: MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 56 CANADA: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 57 CANADA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 58 CANADA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION
  • TABLE 59 CANADA: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 60 CANADA: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 61 MEXICO: PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 62 MEXICO: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 63 MEXICO: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 64 MEXICO: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION
  • TABLE 65 MEXICO: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 66 MEXICO: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 67 EUROPE: PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 68 EUROPE: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 69 EUROPE: MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 70 EUROPE: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 71 EUROPE: PRODUCT CERTIFICATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 72 EUROPE: PRODUCT CERTIFICATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 73 EUROPE: PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 74 EUROPE: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 75 EUROPE: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 76 EUROPE: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 77 EUROPE: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 78 EUROPE: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 79 UK: MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 80 UK: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 81 UK: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 82 UK: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 83 UK: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 84 UK: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 85 GERMANY: MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 86 GERMANY: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 87 GERMANY: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 88 GERMANY: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 89 GERMANY: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 90 GERMANY: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 91 FRANCE: PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 92 FRANCE: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 93 FRANCE: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 94 FRANCE: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION
  • TABLE 95 FRANCE: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 96 FRANCE: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 97 REST OF EUROPE: MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 98 REST OF EUROPE: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 99 REST OF EUROPE: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 100 REST OF EUROPE: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 101 REST OF EUROPE: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 102 REST OF EUROPE: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 103 ASIA PACIFIC: PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 104 ASIA PACIFIC: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 105 ASIA PACIFIC: MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 106 ASIA PACIFIC: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 107 ASIA PACIFIC: PRODUCT CERTIFICATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 108 ASIA PACIFIC: PRODUCT CERTIFICATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 109 ASIA PACIFIC: MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 110 ASIA PACIFIC: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 111 ASIA PACIFIC: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 112 ASIA PACIFIC: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 113 ASIA PACIFIC: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 114 ASIA PACIFIC: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 115 CHINA: PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 116 CHINA: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 117 CHINA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 118 CHINA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION
  • TABLE 119 CHINA: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 120 CHINA: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 121 JAPAN: MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 122 JAPAN: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 123 JAPAN: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 124 JAPAN: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION
  • TABLE 125 JAPAN: MARKET IN JAPAN, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 126 JAPAN: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 127 INDIA: MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 128 INDIA: PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 129 INDIA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 130 INDIA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 131 INDIA: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 132 INDIA: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 133 SOUTH KOREA: PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 134 SOUTH KOREA: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 135 SOUTH KOREA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 136 SOUTH KOREA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 137 SOUTH KOREA: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 138 SOUTH KOREA: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION
  • TABLE 139 SINGAPORE:  MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 140 SINGAPORE: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 141 SINGAPORE: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 142 SINGAPORE: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 143 SINGAPORE: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 144 SINGAPORE: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 145 THAILAND: PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 146 THAILAND: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 147 THAILAND: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 148 THAILAND: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 149 THAILAND: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 150 THAILAND: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 151 MALAYSIA: MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 152 MALAYSIA: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 153 MALAYSIA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 154 MALAYSIA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 155 MALAYSIA: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 156 MALAYSIA: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 157 VIETNAM: PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 158 VIETNAM: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 159 VIETNAM: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 160 VIETNAM: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 161 VIETNAM: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 162 VIETNAM: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 163 REST OF ASIA PACIFIC: PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 164 REST OF ASIA PACIFIC: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 165 REST OF ASIA PACIFIC: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 166 REST OF ASIA PACIFIC: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 167 REST OF ASIA PACIFIC: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 168 REST OF ASIA PACIFIC: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 169 ROW: PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 170 ROW: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 171 ROW: MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 172 ROW: MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 173 ROW: PRODUCT CERTIFICATION MARKET, BY REGION, 2020–2023 (USD MILLION)
  • TABLE 174 ROW: PRODUCT CERTIFICATION MARKET, BY REGION, 2024–2029 (USD MILLION)
  • TABLE 175 ROW: PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 176 ROW: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 177 ROW: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 178 ROW: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 179 ROW: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 180 ROW: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 181 SOUTH AMERICA: PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 182 SOUTH AMERICA: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 183 SOUTH AMERICA: MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 184 SOUTH AMERICA: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 185 SOUTH AMERICA: PRODUCT CERTIFICATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 186 SOUTH AMERICA: PRODUCT CERTIFICATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 187 SOUTH AMERICA: MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 188 SOUTH AMERICA: PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 189 SOUTH AMERICA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 190 SOUTH AMERICA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 191 SOUTH AMERICA: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 192 SOUTH AMERICA: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 193 BRAZIL: MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 194 BRAZIL: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 195 BRAZIL: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 196 BRAZIL: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 197 BRAZIL: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 198 BRAZIL: MANAGEMENT SYSTEM CERTIFICATION MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 199 ARGENTINA: MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 200 ARGENTINA: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 201 ARGENTINA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 202 ARGENTINA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 203 ARGENTINA: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 204 ARGENTINA: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 205 REST OF SOUTH AMERICA: MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 206 REST OF SOUTH AMERICA: PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 207 REST OF SOUTH AMERICA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 208 REST OF SOUTH AMERICA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 209 REST OF SOUTH AMERICA: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 210 REST OF SOUTH AMERICA: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 211 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 212 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 213 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 214 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 215 MIDDLE EAST & AFRICA: PRODUCT CERTIFICATION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
  • TABLE 216 MIDDLE EAST & AFRICA: PRODUCT CERTIFICATION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
  • TABLE 217 MIDDLE EAST & AFRICA: MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 218 MIDDLE EAST & AFRICA: PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 219 MIDDLE EAST & AFRICA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 220 MIDDLE EAST & AFRICA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 221 MIDDLE EAST & AFRICA: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 222 MIDDLE EAST & AFRICA: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 223 SAUDI ARABIA: MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 224 SAUDI ARABIA:  MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 225 SAUDI ARABIA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 226 SAUDI ARABIA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 227 SAUDI ARABIA: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 228 SAUDI ARABIA: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 229 UAE: MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 230 UAE: PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 231 UAE: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 232 UAE: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 233 UAE: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 234 UAE: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 235 QATAR: MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 236 QATAR: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 237 QATAR: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 238 QATAR: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 239 QATAR: MANAGEMENT SYSTEM CERTIFICATION MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 240 QATAR: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 241 OMAN: MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 242 OMAN: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 243 OMAN: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 244 OMAN: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 245 OMAN: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 246 OMAN: MANAGEMENT SYSTEM CERTIFICATION MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 247 REST OF MIDDLE EAST & AFRICA: MARKET, BY VERTICAL, 2020–2023 (USD MILLION)
  • TABLE 248 REST OF MIDDLE EAST & AFRICA: MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
  • TABLE 249 REST OF MIDDLE EAST & AFRICA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2020–2023 (USD MILLION)
  • TABLE 250 REST OF MIDDLE EAST & AFRICA: CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024–2029 (USD MILLION)
  • TABLE 251 REST OF MIDDLE EAST & AFRICA: MARKET, BY SERVICE TYPE, 2020–2023 (USD MILLION)
  • TABLE 252 REST OF MIDDLE EAST & AFRICA: MARKET, BY SERVICE TYPE, 2024–2029 (USD MILLION)
  • TABLE 253 MANAGEMENT SYSTEM CERTIFICATION MARKET: OVERVIEW OF KEY STRATEGIES ADOPTED BY MAJOR PLAYERS
  • TABLE 254 MARKET SHARE ANALYSIS, 2022
  • TABLE 255 COMPANY OVERALL FOOTPRINT
  • TABLE 256 COMPANY VERTICAL FOOTPRINT
  • TABLE 257 COMPANY SERVICE TYPE FOOTPRINT
  • TABLE 258 COMPANY REGIONAL FOOTPRINT
  • TABLE 259 MARKET: SERVICE LAUNCHES, JANUARY 2020–NOVEMBER 2023
  • TABLE 260 MARKET: DEALS, JANUARY 2020–DECEMBER 2023
  • TABLE 261 MARKET: EXPANSIONS, FEBRUARY 2021–NOVEMBER 2023
  • TABLE 262 MANAGEMENT SYSTEM CERTIFICATION MARKET: OTHERS, MAY 2021–NOVEMBER 2023
  • TABLE 263 SGS: COMPANY OVERVIEW
  • TABLE 264 SGS: SERVICES OFFERED
  • TABLE 265 SGS: SERVICE LAUNCHES
  • TABLE 266 SGS: DEALS
  • TABLE 267 SGS: EXPANSIONS
  • TABLE 268 BUREAU VERITAS: COMPANY OVERVIEW
  • TABLE 269 BUREAU VERITAS: SERVICES OFFERED
  • TABLE 270 BUREAU VERITAS: SERVICE LAUNCHES
  • TABLE 271 BUREAU VERITAS: DEALS
  • TABLE 272 BUREAU VERITAS: OTHERS
  • TABLE 273 INTERTEK GROUP PLC: COMPANY OVERVIEW
  • TABLE 274 INTERTEK GROUP PLC: SERVICES OFFERED
  • TABLE 275 INTERTEK GROUP PLC: SERVICE LAUNCHES
  • TABLE 276 INTERTEK GROUP PLC: DEALS
  • TABLE 277 INTERTEK GROUP PLC: EXPANSIONS
  • TABLE 278 INTERTEK GROUP PLC: OTHERS
  • TABLE 279 TÜV RHEINLAND: COMPANY OVERVIEW
  • TABLE 280 TÜV RHEINLAND: SERVICES OFFERED
  • TABLE 281 TÜV RHEINLAND: SERVICE LAUNCHES
  • TABLE 282 TÜV RHEINLAND: DEALS
  • TABLE 283 TÜV RHEINLAND: EXPANSIONS
  • TABLE 284 TÜV RHEINLAND: OTHERS
  • TABLE 285 DEKRA SE: COMPANY OVERVIEW
  • TABLE 286 DEKRA SE: SERVICES OFFERED
  • TABLE 287 DEKRA SE: SERVICE LAUNCHES
  • TABLE 288 DEKRA SE: DEALS
  • TABLE 289 DEKRA SE: OTHERS
  • TABLE 290 EUROFINS SCIENTIFIC: COMPANY OVERVIEW
  • TABLE 291 EUROFINS SCIENTIFIC: SERVICES OFFERED
  • TABLE 292 EUROFINS SCIENTIFIC: SERVICE LAUNCHES
  • TABLE 293 EUROFINS SCIENTIFIC: DEALS
  • TABLE 294 TÜV SÜD: COMPANY OVERVIEW
  • TABLE 295 TÜV SÜD: SERVICES OFFERED
  • TABLE 296 TÜV SÜD: DEALS
  • TABLE 297 DNV GL: COMPANY OVERVIEW
  • TABLE 298 DNV GL: SERVICES OFFERED
  • TABLE 299 DNV GL: SERVICE LAUNCHES
  • TABLE 300 DNV GL: DEALS
  • TABLE 301 DNV GL: OTHERS
  • TABLE 302 APPLUS+: COMPANY OVERVIEW
  • TABLE 303 APPLUS+: SERVICES OFFERED
  • TABLE 304 APPLUS+: SERVICE LAUNCHES
  • TABLE 305 APPLUS+: DEALS
  • TABLE 306 APPLUS+: EXPANSIONS
  • TABLE 307 APPLUS+: OTHERS
  • TABLE 308 ALS: COMPANY OVERVIEW
  • TABLE 309 ALS: SERVICES OFFERED
  • TABLE 310 ALS: DEALS
LIST OF FIGURES
 
  • FIGURE 1 MANAGEMENT SYSTEM CERTIFICATION MARKET SEGMENTATION
  • FIGURE 2 RESEARCH DESIGN
  • FIGURE 3 PROCESS FLOW OF MARKET SIZE ESTIMATION
  • FIGURE 4 MARKET: BOTTOM-UP APPROACH
  • FIGURE 5 MARKET: TOP-DOWN APPROACH
  • FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS, BY KEY PLAYERS
  • FIGURE 7 DATA TRIANGULATION
  • FIGURE 8 MANAGEMENT SYSTEM CERTIFICATION MARKET, BY CERTIFICATION TYPE, 2024 VS. 2029
  • FIGURE 9 MARKET, BY SERVICE TYPE, 2024 VS. 2029
  • FIGURE 10 MARKET, BY APPLICATION, 2024 VS. 2029
  • FIGURE 11 MARKET, BY VERTICAL, 2024 VS. 2029
  • FIGURE 12 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN MARKET DURING FORECAST PERIOD
  • FIGURE 13 RISING INSTALLATION OF ADVANCED TECHNOLOGIES IN MANUFACTURING PLANTS ACROSS MULTIPLE INDUSTRIES TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS
  • FIGURE 14 PRODUCT CERTIFICATION SEGMENT TO DOMINATE CERTIFICATION MARKET BETWEEN 2024 AND 2029
  • FIGURE 15 CERTIFICATION & VERIFICATION SERVICES SEGMENT TO ACCOUNT FOR LARGER SHARE OF MARKET IN 2023
  • FIGURE 16 CONSUMER GOODS AND RETAIL SEGMENT TO HOLD LARGEST SHARE OF MARKET IN 2023
  • FIGURE 17 QUALITY MANAGEMENT SYSTEMS SEGMENT TO ACCOUNT FOR LARGEST SHARE OF PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET IN 2029
  • FIGURE 18 MEDICAL AND LIFE SCIENCES SEGMENT AND US TO HOLD LARGEST SHARES OF NORTH AMERICAN MANAGEMENT SYSTEM CERTIFICATION MARKET IN 2024
  • FIGURE 19 ASIA PACIFIC TO LEAD PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET DURING FORECAST PERIOD
  • FIGURE 20 MANAGEMENT SYSTEM CERTIFICATION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 21 MARKET: DRIVERS AND THEIR IMPACT
  • FIGURE 22 MARKET: RESTRAINTS AND THEIR IMPACT
  • FIGURE 23 MARKET: OPPORTUNITIES AND THEIR IMPACT
  • FIGURE 24 MARKET: CHALLENGES AND THEIR IMPACT
  • FIGURE 25 MARKET: SUPPLY CHAIN ANALYSIS
  • FIGURE 26 KEY TECHNOLOGIES
  • FIGURE 27 INDICATIVE PRICING ANALYSIS OF MANAGEMENT SYSTEM CERTIFICATIONS OFFERED BY THREE KEY PLAYERS
  • FIGURE 28 NUMBER OF PATENTS GRANTED PER YEAR, 2014–2023
  • FIGURE 29 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
  • FIGURE 30 EXPORT DATA FOR HS CODE 9018-COMPLIANT PRODUCTS, 2018–2022 (USD BILLION)
  • FIGURE 31 IMPORT DATA FOR HS CODE 9018-COMPLIANT PRODUCTS, 2018–2022 (USD BILLION)
  • FIGURE 32 KEY MANAGEMENT SYSTEM CERTIFICATION MARKET PLAYERS, 2023
  • FIGURE 33 MARKET PENETRATION OF KEY SERVICES
  • FIGURE 34 MARKET: ECOSYSTEM MAPPING
  • FIGURE 35 MARKET: PORTER’S FIVE FORCES ANALYSIS
  • FIGURE 36 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
  • FIGURE 37 REGIONAL SHARE OF DISTRIBUTION OF 93.454 IATF 16949-CERTIFIED SITES AS OF NOVEMBER 30, 2023
  • FIGURE 38 CERTIFICATION & VERIFICATION SEGMENT TO LEAD MARKET FROM 2024 TO 2029
  • FIGURE 39 PRODUCT CERTIFICATION SEGMENT TO DOMINATE MARKET FROM 2024 TO 2029
  • FIGURE 40 QUALITY MANAGEMENT SYSTEMS SEGMENT TO LEAD MARKET FROM 2024 TO 2029
  • FIGURE 41 CONSUMER GOODS & RETAIL SEGMENT TO LEAD MARKET BETWEEN 2024 AND 2029
  • FIGURE 42 MANAGEMENT SYSTEM CERTIFICATION MARKET, BY REGION
  • FIGURE 43 INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 44 ASIA PACIFIC PRODUCT AND MANAGEMENT SYSTEM CERTIFICATION MARKET TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
  • FIGURE 45 NORTH AMERICA: MARKET SNAPSHOT
  • FIGURE 46 NORTH AMERICA: IMPACT OF RECESSION
  • FIGURE 47 EUROPE: MARKET SNAPSHOT
  • FIGURE 48 EUROPE: IMPACT OF RECESSION
  • FIGURE 49 ASIA PACIFIC: MARKET SNAPSHOT
  • FIGURE 50 ASIA PACIFIC: IMPACT OF RECESSION
  • FIGURE 51 ROW: MARKET SNAPSHOT
  • FIGURE 52 ROW: IMPACT OF RECESSION
  • FIGURE 53 MARKET: REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2018–2022 (USD MILLION)
  • FIGURE 54 MARKET: COMPANY EVALUATION MATRIX, 2023
  • FIGURE 55 MANAGEMENT SYSTEM CERTIFICATION MARKET: STARTUP/SME EVALUATION MATRIX, 2023
  • FIGURE 56 SGS: COMPANY SNAPSHOT
  • FIGURE 57 BUREAU VERITAS: COMPANY SNAPSHOT
  • FIGURE 58 INTERTEK GROUP PLC: COMPANY SNAPSHOT
  • FIGURE 59 TÜV RHEINLAND: COMPANY SNAPSHOT
  • FIGURE 60 DEKRA SE: COMPANY SNAPSHOT
  • FIGURE 61 EUROFINS SCIENTIFIC: COMPANY SNAPSHOT
  • FIGURE 62 TÜV SÜD: COMPANY SNAPSHOT
  • FIGURE 63 DNV GL: COMPANY SNAPSHOT
  • FIGURE 64 APPLUS+: COMPANY SNAPSHOT
  • FIGURE 65 ALS: COMPANY SNAPSHOT

 

The study involved four major activities in estimating the management system certification market size. Exhaustive secondary research has been carried out to collect information on the market, the peer markets, and the parent market. Both top-down and bottom-up approaches have been employed to estimate the total market size. Market breakdown and data triangulation methods have also been used to estimate the market for segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources have been referred to for identifying and collecting information relevant to this study on the management system certification market. The secondary sources included the US Department of Commerce’s International Trade Administration, International Organization for Standardization, US Food & Drug Administration, Mexican Bureau of Standards, Canadian Standards Association, Colombian Standards and Certification Institute, World Trade Organization, International Confederation of Inspection and Certification Organizations, Hong Kong Association for Testing, Inspection, and Certification Limited, International Federation of Inspection Agencies, annual reports, press releases, and investor presentations of companies; white papers, certified publications, and articles by recognized authors; directories; and databases.

The global size of the management system certification market has been obtained from the secondary data available through paid and unpaid sources. It has also been determined by analyzing the product portfolios of the leading companies and rating them based on the quality of their offerings.

Secondary research has been used to gather key information about the industry's supply chain, the market’s monetary chain, the total number of key players, and market segmentation according to the industry trends to the bottom-most level, geographic markets, and key developments from both the market- and technology-oriented perspectives. It has also been conducted to identify and analyze the industry trends and key developments undertaken from both the market- and technology perspectives.

Primary Research

In the primary research process, various primary sources have been interviewed to obtain qualitative and quantitative information about the market across four main regions—Asia Pacific, North America, Europe, and the Rest of the World (the Middle East & Africa, and South America). Primary sources from the supply side include industry experts such as CEOs, vice presidents, marketing directors, technology directors, and other related key executives from major companies and organizations operating in the management system certification market or related markets.

After completing market engineering, primary research was conducted to gather information and verify and validate critical numbers from other sources. Primary research has also been conducted to identify various market segments; industry trends; key players; competitive landscape; and key market dynamics, such as drivers, restraints, opportunities, and challenges, along with key strategies adopted by market players. Most primary interviews have been conducted with the market's supply side. This primary data has been collected through questionnaires, emails, and telephonic interviews.

Management System Certification Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

In the complete engineering process, both top-down and bottom-up approaches and several data triangulation methods have been used to estimate and validate the size of the overall management system certification market and other dependent submarkets. Key players in the market have been identified through secondary research, and their market positions in the respective geographies have been determined through both primary and secondary research. This entire procedure includes studying top market players’ annual and financial reports and extensive interviews with industry leaders such as CEOs, VPs, directors, and marketing executives for key insights (qualitative and quantitative).

All percentage shares and breakdowns have been determined using secondary sources and verified through primary sources. All the possible parameters that affect the markets covered in this research study have been accounted for, viewed in detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data has been consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in this report.

Global Management System Certification Market Size: Bottom-Up Approach

Management System Certification Market Size, and Bottom-Up Approach

Global Management System Certification Market Size: Top-Down Approach

Management System Certification Market Size, and Top-Down Approach

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the overall market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, the market breakdown and data triangulation procedures have been employed, wherever applicable. Data has been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market size has been validated using top-down and bottom-up approaches.

Market Definition

An independent, competent, and accredited agency offers certification of the quality management system, mentioning that the business adheres to the requirements of an internationally recognized quality management system standard. Through a management system, an organization manages the interrelated business segments to achieve the desired objectives correlating to parameters such as product quality, service quality, environmental performance, workplace health and safety, and operational efficiency. Management system certification ensures compliance with international standards, paving the way for an ideal foundation for organizations to achieve their long-term goals by analyzing risk-based methodologies for an efficient and effective implementation of comprehensive business strategies. The overall management system certification market is fragmented, with the presence of a large number of local and regional market players spread across the world. Additionally, the growth of the global management system certification market will be driven by the increasing demand for product certification across medical and life sciences applications, followed by agriculture and food, consumer goods, and retail, among others.

Key Stakeholders

  • Raw material suppliers
  • Research organizations
  • Original equipment manufacturers (OEMs)
  • Technology standards organizations, forums, alliances, and associations
  • Technology investors
  • Analysts and strategic business planners
  • Government bodies, venture capitalists, and private equity firms
  • End users who want to know more about the certification market and the latest standards in the parent market

Report Objectives

  • To define and forecast the management system certification market based on certification type, service type, application, and vertical, in terms of value
  • To forecast the market size of various segments with respect to four main regions: North America, Europe, Asia Pacific, and the Rest of the World (RoW), in terms of value
  • To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the market growth
  • To understand and analyze the impact of evolving technologies on the management system certification value chain and upcoming trends in the ecosystem
  • To forecast and compare the market size of pre-recession with that of the post-recession at global and regional levels
  • To highlight the impact of Porter’s five forces on the management system certification ecosystem and analyze the underlying market opportunities
  • To analyze the associated use cases in the management system certification business and their impact on the business strategies adopted by key players
  • To provide key industry trends and associated important regulations impacting the global management system certification market
  • To strategically analyze micro-markets with respect to individual growth trends, prospects, and contributions to the total market
  • To strategically profile key players and comprehensively analyze their market share and core competencies, along with detailing the competitive landscape for market leaders
  • To analyze competitive developments such as agreements, partnerships, acquisitions, and service launches in the management system certification market

Available customizations:

With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:

  • Detailed analysis and profiling of additional market players (up to 5 players) based on various blocks of the supply chain

Previous Versions of this Report

Management System Certification Market by Certification Type (Product and Management System Certification), Service Type (Certification & Verification and Training & Business Assurance), Application, Vertical and Region - Global Forecast to 2029

Report Code SE 7927
Published in Jun, 2021, By MarketsandMarkets™
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