Quality Control Market- By Type ; By Procedure ; By Services Offered ; By Industry Vertical & By Geography - Forecast (2024 - 2030)

Report Code: AIR 0233 Report Format: PDF + Excel

Quality Control Market Overview:

Quality Control Market Size is forecast to reach $ 59890 Million by 2030, at a CAGR of 5.20% during forecast period 2024-2030.According to the National Sanitation Foundation (NSF) International, approximately global food industry suffers the burden of $49 billion owing to food fraud which is a serious issue all over the world. Encountering major problems related to quality analysis of the industrial food hinders brand image and loss of reliable customers consequently slowing the pace of economic build up. Quality control facilitates standard measures for product inspection, which thereby lowers the production cost, builds a healthy owner-consumer relationship, ensures safe brand identity, and increases sales and overall product price. Not only this process gauges quality management and problem identification for food and beverage industry, it also identifies any unsatisfactory product feature both in the government and private industrial firms, organizations, medical facilities, project management, and many others. It is essential for every manufacturing company to maintain customers’ trust and uniform commodity quality for established business and long-term survival in the current competitive landscape gradually increasing the global quality control market demand which is evaluated to grow at a CAGR of 6.18% through to 2025. This continuously amplifies the global quality control market size owing to which it leveraged a huge profit of $36.89 billion as of 2018.

Annually food and beverage industry contributes around $31.1 billion to the UK economy along with a total of $23 billion exported food and drink services. This exponential data reflects the expanding opportunity for quality control system in this region extracting huge revenue income through it. Europe contributed a regional share of 31.18% to the global quality control market in the year 2018 attributing to the rising supply-demand chain. Automotive and public infrastructure are the two most macroeconomic industries which constantly require effective quality analysis and management procedures to persist in the ever-changing business market. Resultantly, this key segment will exert huge demand for quality control services which is projected to increase at a noticeable CAGR of 7.47% during the forecast period 2019-2025.

Quality Control Market Growth Drivers:

· Growing industrialization and colossal investment on quality analysis of consumer products due to stringent government rules will significantly propel the global quality control market growth.

· Increasing instances of food adulteration, adverse drug reaction, and counterfeit products will enable frequent quality checks thereby ballooning the quality control market demand and revenue income.

Quality Control Market Key Players:

The key leaders in the quality control market includes Formel D (Deutsche Beteiligungs AG), SGS Group, Trigo, Eurofins, TUV SUD, DNV GL Group, TUV Nord Group, Dekera SE, Exact Systems, Bureau Veritas SA, and many others.

SGS Group is one of the leading companies which provides expert inspection, verification, testing services to its customers for boosting the efficiency of any business activities.

Quality Control Market Trends:

· The invasion of cloud computing technologies has etched a mark in the quality control and management market with multiple boons such as cost-effectiveness, chat bots facilities which facilitates detailed customer feedbacks, and connected mobile device support. This helps the business owners to effectively produce quality products as well as reaches the peak of customer expectations.

· In collaboration with the hybrid and agile methodologies of project management in an industrial firm, quality control process is implemented with ease due to proper plans, guidance, and project tracking methods.

Quality Control Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Quality Control market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of Quality Control in Quality Control market, and their specific applications in different areas.

Quality Control Market: Industry Coverage:

Global quality control market is classified into different segments such as type, procedure, services offered, and industry vertical. On the basis of type the segmentation includes in-house and outsourced. Based on procedure categorization includes inspection and audit. By services offered the quality control market can be bifurcated into preventive QC, corrective QC, laboratory, and others. Sub segments under industry vertical includes automotive, consumer goods and retail, aerospace, and many others.

The Quality Control market also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:     

•           North America: The U.S., Canada, Mexico

•           South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica

•           Europe: The U.K., Germany, Italy, France, the Netherlands, Belgium, Spain, Denmark

•           APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong

•           Middle East and Africa: Israel, South Africa, Saudi Arabia

 

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  1. Quality Control Market - Overview
      1.1. Definitions and Scope
  2. Quality Control Market - Executive summary
      2.1. Market Revenue, Market Size and Key Trends by Company
      2.2. Key Trends by type of Application
      2.3. Key Trends segmented by Geography
  3. Quality Control Market 
      3.1. Comparative analysis
            3.1.1. Product Benchmarking - Top 10 companies
            3.1.2. Top 5 Financials Analysis
            3.1.3. Market Value split by Top 10 companies
            3.1.4. Patent Analysis - Top 10 companies
            3.1.5. Pricing Analysis 
  4. Quality Control Market – Startup companies Scenario Premium
      4.1. Top 10 startup company Analysis by
            4.1.1. Investment
            4.1.2. Revenue
            4.1.3. Market Shares
            4.1.4. Market Size and Application Analysis
            4.1.5. Venture Capital and Funding Scenario
  5. Quality Control Market – Industry Market Entry Scenario Premium
      5.1. Regulatory Framework Overview
      5.2. New Business and Ease of Doing business index
      5.3. Case studies of successful ventures
      5.4. Customer Analysis – Top 10 companies
  6. Quality Control Market Forces
      6.1. Drivers
      6.2. Constraints
      6.3. Challenges
      6.4. Porters five force model
            6.4.1. Bargaining power of suppliers
            6.4.2. Bargaining powers of customers
            6.4.3. Threat of new entrants
            6.4.4. Rivalry among existing players
            6.4.5. Threat of substitutes 
  7. Quality Control Market -Strategic analysis
      7.1. Value chain analysis
      7.2. Opportunities analysis
      7.3. Product life cycle
      7.4. Suppliers and distributors Market Share
  8. Quality Control Market – By Type (Market Size -$Million / $Billion)
      8.1. Market Size and Market Share Analysis 
      8.2. Application Revenue and Trend Research
      8.3. Product Segment Analysis
            8.3.1. In-House
            8.3.2. Out Sourced
  9. Quality Control Market – By Procedure (Market Size -$Million / $Billion)
      9.1. Inspection
      9.2. Audit
  10. Quality Control Market – By Services Offered (Market Size -$Million / $Billion)
      10.1. Preventive Quality Control Services
            10.1.1. Supplier Sourcing and Auditing
            10.1.2. Inspections (Pre-shipment, In-Progress, In-Coming)
            10.1.3. Sorting
            10.1.4. Final Product Quality Control Testing
            10.1.5. Others
      10.2. Corrective Quality Control Services
            10.2.1. Problem Identification
            10.2.2. Rework
            10.2.3. Repair (Components and final products)
      10.3. Laboratory Services
            10.3.1. Material Testing
            10.3.2. Safety Testing
            10.3.3. easurement Testing
            10.3.4. Others
      10.4. Engineering Support Services
            10.4.1. Resident Engineering Services
            10.4.2. Verification and analysis of defects
            10.4.3. Process quality assurance
            10.4.4. Production process enhancement
            10.4.5. Others
  11. Quality Control Market – By Industry Vertical (Market Size -$Million / $Billion)
      11.1. Agriculture Machinery
      11.2. Automotive
            11.2.1. Light Vehicle
                    11.2.1.1. Vehicle Refurbishment
                    11.2.1.2. Vehicle Retrofit
                    11.2.1.3. Pre-Delivery Inspection (PDI)
                    11.2.1.4. Preparation Show Cars
                    11.2.1.5. Fleet Management
                    11.2.1.6. Automotive Electrical Systems and Components testing
                    11.2.1.7. Electric Vehicle testing
                    11.2.1.8. Hybrid Electric Vehicles Testing
                    11.2.1.9. Automotive Battery Systems Testing
            11.2.2. Heavy Vehicles
            11.2.3. Heavy Equipment
            11.2.4. Others
      11.3. Oil & Gas
            11.3.1. Upstream
            11.3.2. Midstream
            11.3.3. Downstream
            11.3.4. Biofuel and Feedstock
      11.4. Marine
            11.4.1. Ship Classification Services
            11.4.2. Marine Fuel System
            11.4.3. Marine Materials
      11.5. Aerospace
            11.5.1. Unmanned Vehicles
            11.5.2. Manned Vehicles
      11.6. Public Infrastructure
            11.6.1. Railway
                    11.6.1.1. Testing
                    11.6.1.2. Inspection
            11.6.2. Roadway
                    11.6.2.1. Testing
                    11.6.2.2. Inspection
            11.6.3. Others
      11.7. Manufacturing 
            11.7.1. Supplier Related Services
            11.7.2. Production and Products Related Services
            11.7.3. Project Related Services
      11.8. Metal and Mining
            11.8.1. Inspection and Sampling
            11.8.2. Exploration
            11.8.3. Production and Plant Services
            11.8.4. Site Operations and Closure
      11.9. Chemical
            11.9.1. Finished Product
            11.9.2. Chemical Feedstock
            11.9.3. Others
      11.10. Medical and Life Science
            11.10.1. Medical Devices
            11.10.2. Health, Wellness and Beauty
            11.10.3. Clinical Services
            11.10.4. Lab Services
            11.10.5. Biopharmaceutical and Pharmaceutical
      11.11. Power and Energy
            11.11.1. Power Generation
                    11.11.1.1. Renewable Sources
                              11.11.1.1.1. Solar
                              11.11.1.1.2. Wind
                    11.11.1.2. Non Renewable Sources
                              11.11.1.2.1. Thermal
                              11.11.1.2.2. Nuclear
                              11.11.1.2.3. Others
            11.11.2. Power Transmission
            11.11.3. Power Distribution
            11.11.4. Others
  12. Quality Control - By Geography (Market Size -$Million / $Billion)
      12.1. Quality Control Market - North America Segment Research
      12.2. North America Market Research (Million / $Billion)
            12.2.1. Segment type Size and Market Size Analysis 
            12.2.2. Revenue and Trends
            12.2.3. Application Revenue and Trends by type of Application
            12.2.4. Company Revenue and Product Analysis
            12.2.5. North America Product type and Application Market Size
                    12.2.5.1. U.S.
                    12.2.5.2. Canada 
                    12.2.5.3. Mexico 
                    12.2.5.4. Rest of North America
      12.3. Quality Control - South America Segment Research
      12.4. South America Market Research (Market Size -$Million / $Billion)
            12.4.1. Segment type Size and Market Size Analysis 
            12.4.2. Revenue and Trends
            12.4.3. Application Revenue and Trends by type of Application
            12.4.4. Company Revenue and Product Analysis
            12.4.5. South America Product type and Application Market Size
                    12.4.5.1. Brazil  
                    12.4.5.2. Venezuela
                    12.4.5.3. Argentina
                    12.4.5.4. Ecuador
                    12.4.5.5. Peru
                    12.4.5.6. Colombia 
                    12.4.5.7. Costa Rica
                    12.4.5.8. Rest of South America
      12.5. Quality Control - Europe Segment Research
      12.6. Europe Market Research (Market Size -$Million / $Billion)
            12.6.1. Segment type Size and Market Size Analysis 
            12.6.2. Revenue and Trends
            12.6.3. Application Revenue and Trends by type of Application
            12.6.4. Company Revenue and Product Analysis
            12.6.5. Europe Segment Product type and Application Market Size
                    12.6.5.1. U.K  
                    12.6.5.2. Germany 
                    12.6.5.3. Italy 
                    12.6.5.4. France
                    12.6.5.5. Netherlands
                    12.6.5.6. Belgium
                    12.6.5.7. Spain
                    12.6.5.8. Denmark
                    12.6.5.9. Rest of Europe
      12.7. Quality Control – APAC Segment Research
      12.8. APAC Market Research (Market Size -$Million / $Billion)
            12.8.1. Segment type Size and Market Size Analysis 
            12.8.2. Revenue and Trends
            12.8.3. Application Revenue and Trends by type of Application
            12.8.4. Company Revenue and Product Analysis
            12.8.5. APAC Segment – Product type and Application Market Size
                    12.8.5.1. China 
                    12.8.5.2. Australia
                    12.8.5.3. Japan 
                    12.8.5.4. South Korea
                    12.8.5.5. India
                    12.8.5.6. Taiwan
                    12.8.5.7. Malaysia
  13. Quality Control Market - Entropy
      13.1. New product launches
      13.2. M&A's, collaborations, JVs and partnerships
  14. Quality Control Market – Industry / Segment Competition landscape Premium
      14.1. Market Share Analysis
            14.1.1. Market Share by Country- Top companies
            14.1.2. Market Share by Region- Top 10 companies
            14.1.3. Market Share by type of Application – Top 10 companies
            14.1.4. Market Share by type of Product / Product category- Top 10 companies
            14.1.5. Market Share at global level- Top 10 companies
            14.1.6. Best Practises for companies
  15. Quality Control Market – Key Company List by Country Premium
  16. Quality Control Market Company Analysis
      16.1. Market Share, Company Revenue, Products, M&A, Developments
      16.2. Trigo
      16.3. Aktrion Group
      16.4. Exact Systems
      16.5. Formel D
      16.6. Invenio
      16.7. G&P Quality Knowledge Service
      16.8. Redi-Group
      16.9. SGP Group
      16.10. Bureau Veritas SA
      16.11. DNV GL Group
      16.12. SGS Group
      16.13. Eurofins
      16.14. Company 13
      16.15. Company 14
      16.16. Company 15 & More
  "*Financials would be provided on a best efforts basis for private companies"
  17. Quality Control Market -Appendix
      17.1. Abbreviations
      17.2. Sources
  18. Quality Control Market -Methodology Premium
      18.1. Research Methodology
            18.1.1. Company Expert Interviews
            18.1.2. Industry Databases
            18.1.3. Associations
            18.1.4. Company News
            18.1.5. Company Annual Reports
            18.1.6. Application Trends
            18.1.7. New Products and Product database
            18.1.8. Company Transcripts
            18.1.9. R&D Trends
            18.1.10. Key Opinion Leaders Interviews
            18.1.11. Supply and Demand Trends