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Testing Laboratories

Publisher First Research, Inc.
Published Jan 20, 2026
SKU # FRRS20830177

Description

Brief Excerpt from Industry Overview Chapter:

Companies in this industry provide engineering, quality control, and certification services in a variety of industries. Major companies include Element, Exponent, and Underwriters Laboratories (all based in the US), along with ALS (Australia), Bureau Veritas (France), DEKRA (Germany), Intertek (UK), and SGS (Switzerland).

Entities such as the International Organization for Standardization (ISO) and varying country-specific standards create global demand for testing laboratories, as manufacturers try to meet these standards to compete in multiple markets.

The US testing laboratories industry includes about 7,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $20 billion. This industry doesn't include medical, veterinary, or pharmaceutical testing.

Table of Contents

Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms

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