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Testing, Inspection, and Certification Market in Japan by Type and Service - Forecast and Analysis 2022-2026

  • Published: Jan 2022
  • Pages: 120
  • SKU: IRTNTR72225
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The testing, inspection, and certification market share in Japan is expected to increase by USD 3.07 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 3.94%.

This testing, inspection, and certification market in Japan research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the testing, inspection, and certification market in Japan segmentation by type (in-house and outsourced) and service (testing and inspection service and certification service). The testing, inspection, and certification market in Japan report also offers information on several market vendors, including AmSpec Services LLC, Apave Group, Bureau Veritas SA, COTECNA INSPECTION SA, Intertek Group Plc, Japan Inspection Co. Ltd., SGS SA, TUV Rheinland AG, TUV SUD, and UL LLC among others.

What will the Testing, Inspection, and Certification Market Size in Japan be During the Forecast Period?

Download the Free Report Sample to Unlock the Testing, Inspection, and Certification Market Size in Japan for the Forecast Period and Other Important StatisTICs

 

Testing, Inspection, and Certification Market in Japan: Key Drivers, Trends, and Challenges

The increase in vehicle recalls is notably driving the testing, inspection, and certification market in Japan growth, although factors such as high lead time for TIC processes in the automotive industry may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the testing, inspection, and certification industry in Japan. The holisTIC analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Testing, Inspection, and Certification Market Driver in Japan

One of the key factors driving the testing, inspection, and certification market growth in Japan is the increase in vehicle recalls due to the failure of various parts and components, such as steering, tires, lighting, wheels, brakes, and gears. For instance, in April 2019, Suzuki recalled 2 million vehicles due to improper inspections and several other faults, including false fuel efficiency data. In March 2020, Toyota Motor Corp recalled 3.2 million vehicles across the world to address the fuel pump issue that results in engine stalling. In January 2020, Honda Motor Co. recalled 57,377 vehicles of 16 models, including the Life mini-vehicle, in Japan due to defective Takata Corp. airbags. Such incidences have increased the need for strict TIC of vehicles during manufacturing to prevent crashes and reduce human and financial losses, which is likely to fuel the demand for TIC services during the forecast period.

Key Testing, Inspection, and Certification Market Trend in Japan

Another key factor driving the testing, inspection, and certification market growth in Japan is the emergence of digital TIC. Many TIC service providers harness cutting-edge technologies such as robotics and analytics to transform their service offerings. Physical inspection of vehicles is widely being replaced by digital inspection, predictive maintenance, and integrated sensors. For instance, smart sensors integrated into vehicles provide a constant stream of data. The use of smart sensors enables round-the-clock remote monitoring and inspection capabilities of vehicles. This reduces the need for on-site physical inspections and provides secure data generation and analyses. Moreover, the implementation of virtual reality (VR) and augmented reality (AR) is helping in opening up significant opportunities in TIC. Advances such as digital TIC for vehicles provide growth opportunities and help OEMs improve their profit margins. Such factors will drive the growth of the market in focus during the forecast period.

Key Testing, Inspection and Certification Market Challenge in Japan

One of the key challenges to the testing, inspection, and certification market growth in Japan is the high lead time for the TIC process in the automotive industry. Japan follows different regulations and standards related to automobiles. Homologation is an important procedure in the automotive industry. It is the process of certifying that a particular vehicle is roadworthy and matches certain specified criteria laid out by the government for all vehicles made or imported in Japan. If a vehicle fails the test, the time and the cost associated with re-engineering and remodeling of the vehicles are very high. For instance, in June 2019, Japan implemented new fuel economy standards for passenger vehicles starting in 2030. The standard determines several factors, such as the test cycle of a vehicle has changed to worldwide harmonized light vehicles test procedure (WLTP) for determining the levels of pollutants and emissions from light-duty vehicles. Such factors are projected to hamper the market growth in Japan during the forecast period.

This testing, inspection, and certification market in Japan analysis report also provide detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the testing, inspection, and certification market in Japan as a part of the global research and consulting market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the testing, inspection, and certification market in Japan during the forecast period.

Who are the Major Testing, Inspection and Certification Market Vendors in Japan?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • AmSpec Services LLC
  • Apave Group
  • Bureau Veritas SA
  • COTECNA INSPECTION SA
  • Intertek Group Plc
  • Japan Inspection Co. Ltd.
  • SGS SA
  • TUV Rheinland AG
  • TUV SUD
  • UL LLC

This statisTICal study of the testing, inspection and certification market in Japan encompasses successful business strategies deployed by the key vendors. The testing, inspection, and certification market in Japan is fragmented and the vendors are deploying growth strategies such as technological innovations to compete in the market.

Product Insights and News

  • Intertek Group Plc - The company offers testing, inspection, and certification that evaluates products and services that meet and exceed quality, safety, sustainability, and performance standards.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The testing, inspection, and certification market in Japan forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Testing, Inspection and Certification Market in Japan Value Chain Analysis

Our report provides extensive information on the value chain analysis for the testing, inspection, and certification market in Japan, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of the global research and consulting market includes the following core components:

  • Inputs
  • Inbound logisTICs
  • Operations
  • Outbound logisTICs
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.

What are the Revenue-generating Type Segments in the Testing, Inspection, and Certification Market in Japan?

To gain further insights on the market contribution of various segments Request for a FREE sample

The testing, inspection, and certification market share growth in Japan by the in-house segment will be significant during the forecast period. The growth is attributed to the significant increase in investment by automotive manufacturers in necessary in-house infrastructures such as test and measurement equipment and skilled personnel to perform automotive TIC activities in their manufacturing facilities, including in-house testing of the electronic control unit (ECU) and other core components

This report provides an accurate prediction of the contribution of all the segments to the growth of the testing, inspection, and certification market size in Japan and actionable market insights on post COVID-19 impact on each segment.

 

Testing, Inspection and Certification Market Scope in Japan

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 3.94%

Market growth 2022-2026

$ 3.07 billion

Market structure

Fragmented

YoY growth (%)

3.26

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AmSpec Services LLC, Apave Group, Bureau Veritas SA, COTECNA INSPECTION SA, Intertek Group Plc, Japan Inspection Co. Ltd., SGS SA, TUV Rheinland AG, TUV SUD, and UL LLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Testing, Inspection, and Certification Market in Japan Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive testing, inspection, and certification market growth in Japan during the next five years
  • Precise estimation of the testing, inspection, and certification market size in Japan and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the testing, inspection, and certification industry in Japan 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of testing, inspection, and certification market vendors in Japan 

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1. Executive Summary                         

               1.1 Market Overview 

                              Exhibit 01:  Key Finding 1

                              Exhibit 02:  Key Finding 2

                              Exhibit 03:  Key Finding 6

                              Exhibit 04:  Key Finding 5

                              Exhibit 05:  Key Finding 7

2. Market Landscape                            

               2.1 Market ecosystem             

                              2.1.1    Parent Market

                              Exhibit 06:  Parent market

                              Exhibit 07:  Market Characteristics

               2.2 Value chain analysis           

                              Exhibit 08:  Value chain analysis: Research and consulting

                              2.2.1    Inputs

                              2.2.2    Operations

                              2.2.3    Marketing and sales

                              2.2.4    Service

                              2.2.5    Support activities

                              2.2.6    Innovations

3. Market Sizing                      

               3.1 Market definition

                              Exhibit 09:   Offerings of vendors included in the market definition

               3.2 Market segment analysis  

                              Exhibit 10:   Market segments

               3.3 Market size 2021 

               3.4 Market outlook: Forecast for 2021 - 2026 

                              3.4.1    Estimating growth rates for emerging and high-growth markets

                              3.4.2    Estimating growth rates for mature markets

                              Exhibit 11:  Japan - Market size and forecast 2021 - 2026 ($ million)

                              Exhibit 12:  Japan market: Year-over-year growth 2021 - 2026 (%)

4. Five Forces Analysis                         

               4.1 Five Forces Summary         

                              Exhibit 13:  Five forces analysis 2021 & 2026

               4.2 Bargaining power of buyers            

                              Exhibit 14:  Bargaining power of buyers

               4.3 Bargaining power of suppliers        

                              Exhibit 15:  Bargaining power of suppliers

               4.4 Threat of new entrants     

                              Exhibit 16:  Threat of new entrants

               4.5 Threat of substitutes          

                              Exhibit 17:  Threat of substitutes

               4.6 Threat of rivalry   

                              Exhibit 18:  Threat of rivalry

               4.7 Market condition 

                              Exhibit 19:  Market condition - Five forces 2021

5. Market Segmentation by Type                    

               5.1 Market segments

                              The segments covered in this chapter are:

  • In-house
  • Outsourced

 

                              Exhibit 20:  Type - Market share 2021-2026 (%)

               5.2 Comparison by Type          

                              Exhibit 21:  Comparison by Type

               5.3     In-house - Market size and forecast 2021-2026   

                              Exhibit 22:  In-house - Market size and forecast 2021-2026 ($ million)

                              Exhibit 23:  In-house - Year-over-year growth 2021-2026 (%)

               5.4     Outsourced - Market size and forecast 2021-2026            

                              Exhibit 24:  Outsourced - Market size and forecast 2021-2026 ($ million)

                              Exhibit 25:  Outsourced - Year-over-year growth 2021-2026 (%)

               5.5     Market opportunity by Type       

                              Exhibit 26:  Market opportunity by Type

6. Market Segmentation by Service                

               6.1 Market segments

                              The segments covered in this chapter are:

  • Testing and inspection service
  • Certification service

 

                              Exhibit 27:  Service - Market share 2021-2026 (%)

               6.2 Comparison by Service      

                              Exhibit 28:  Comparison by Service

               6.3     Testing and inspection service - Market size and forecast 2021-2026        

                              Exhibit 29:  Testing and inspection service - Market size and forecast 2021-2026 ($ million)

                              Exhibit 30:  Testing and inspection service - Year-over-year growth 2021-2026 (%)

               6.4     Certification service - Market size and forecast 2021-2026            

                              Exhibit 31:  Certification service - Market size and forecast 2021-2026 ($ million)

                              Exhibit 32:  Certification service - Year-over-year growth 2021-2026 (%)

               6.5     Market opportunity by Service   

                              Exhibit 33:  Market opportunity by Service

7. Customer Landscape                       

               7.1     Overview            

                              Exhibit 34:  Customer landscape

8. Drivers, Challenges, and Trends                  

               8.1 Market drivers      

                              8.1.1    Increase in vehicle recalls

                              8.1.2    Increasing demand for improving customer retention

                              8.1.3    Rising outsourcing and privatization

               8.2 Market challenges              

                              8.2.1    High lead time for TIC process in the automotive industry

                              8.2.2    High cost of TIC

                              8.2.3    Varying regulatory standards

                              Exhibit 35:  Impact of drivers and challenges

               8.3 Market trends      

                              8.3.1    Emergence of digital TIC

                              8.3.2    Increasing demand for TIC for connected applications

                              8.3.3    Advent of over-the-air TIC for vehicles

9. Vendor Landscape                            

               9.1     Overview            

                              Exhibit 36:  Vendor landscape

               9.2     Landscape disruption     

                              Exhibit 37:   Landscape disruption

                              Exhibit 38:  Industry risks

               9.3     Competitive scenario     

10. Vendor Analysis               

               10.1 Vendors covered              

                              Exhibit 39:  Vendors covered

               10.2 Market positioning of vendors    

                              Exhibit 40:  Market positioning of vendors

               10.3   AmSpec Services LLC     

                              Exhibit 41:  AmSpec Services LLC - Overview

                              Exhibit 42:  AmSpec Services LLC - Product and service

                              Exhibit 43:  AmSpec Services LLC - Key offerings

               10.4   Apave Group     

                              Exhibit 44:  Apave Group - Overview

                              Exhibit 45:  Apave Group - Product and service

                              Exhibit 46:  Apave Group - Key offerings

               10.5   Bureau Veritas SA           

                              Exhibit 47:  Bureau Veritas SA - Overview

                              Exhibit 48:  Bureau Veritas SA - Business segments

                              Exhibit 49:  Bureau Veritas SA - Key offerings

                              Exhibit 50:  Bureau Veritas SA - Segment focus

               10.6   COTECNA INSPECTION SA            

                              Exhibit 51:  COTECNA INSPECTION SA - Overview

                              Exhibit 52:  COTECNA INSPECTION SA - Product and service

                              Exhibit 53:  COTECNA INSPECTION SA - Key offerings

               10.7   Intertek Group Plc          

                              Exhibit 54:  Intertek Group Plc - Overview

                              Exhibit 55:  Intertek Group Plc - Business segments

                              Exhibit 56:  Intertek Group PLC – Key news

                              Exhibit 57:  Intertek Group Plc - Key offerings

                              Exhibit 58:  Intertek Group Plc - Segment focus

               10.8   Japan Inspection Co. Ltd.             

                              Exhibit 59:  Japan Inspection Co. Ltd. - Overview

                              Exhibit 60:  Japan Inspection Co. Ltd. - Product and service

                              Exhibit 61:  Japan Inspection Co. Ltd. - Key offerings

               10.9   SGS SA 

                              Exhibit 62:  SGS SA - Overview

                              Exhibit 63:  SGS SA - Business segments

                              Exhibit 64:  SGS SA - Key offerings

                              Exhibit 65:  SGS SA - Segment focus

               10.10 TUV Rheinland AG         

                              Exhibit 66:  TUV Rheinland AG - Overview

                              Exhibit 67:  TUV Rheinland AG - Business segments

                              Exhibit 68:  Huawei Investment and Holding Co. Ltd. - Segment focus

                              Exhibit 68:  TUV Rheinland AG - Key offerings

                              Exhibit 69:  TUV Rheinland AG - Segment focus

               10.11 TUV SUD           

                              Exhibit 70:  TUV SUD - Overview

                              Exhibit 71:  TUV SUD - Business segments

                              Exhibit 72:  TUV SUD - Key offerings

                              Exhibit 73:  TUV SUD - Segment focus

               10.12 UL LLC 

                              Exhibit 74:  UL LLC - Overview

                              Exhibit 75:  UL LLC - Product and service

                              Exhibit 76:  UL LLC - Key offerings

11. Appendix                           

               11.1 Scope of the report         

                              11.1.1 ????Market definition

                              11.1.2 Objective

                              11.1.3 Notes and caveats

               11.2 Currency conversion rates for US$            

                              Exhibit 77:  Currency conversion rates for US$

               11.3 Research Methodology   

                              Exhibit 78:  Research Methodology

                              Exhibit 79:  Validation techniques employed for market sizing

                              Exhibit 80:  Information sources

               11.4 List of abbreviations        

                              Exhibit 81:  List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The testing, inspection and certification market growth will increase by $3072.23 million during 2021-2026.
The testing, inspection and certification market is expected to grow at a CAGR of 3.94% during 2021-2026.
Technavio has segmented the testing, inspection and certification market by type (In-house and Outsourced) ,service (Testing and inspection service and Certification service) , and geographic (North America, APAC, Europe, South America, and MEA).
AmSpec Services LLC, Apave Group, Bureau Veritas SA, COTECNA INSPECTION SA, Intertek Group Plc, Japan Inspection Co. Ltd., SGS SA, TUV Rheinland AG, TUV SUD, UL LLC are a few of the key vendors in the testing, inspection and certification market.
APAC will register the highest growth rate of 36.41% among the other regions. Therefore, the testing, inspection and certification market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the testing, inspection and certification market growth are:
  • High lead time for TIC process in the automotive industry
The testing, inspection and certification market vendors should focus on grabbing business opportunities from the in-house segment as it accounted for the largest market share in the base year.
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