Engineering, Research & Technical Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
Engineering Testing Services
Overview
Market size
$85
global, USD
CAGR
5.8%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
10
tracked players
Signals
12
monitored
Market outlook
2031$113
What changed
Demand by region
Asia Pacific demand35%
North America demand30%
Europe demand25%
Latin America demand5%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Labor and Technical Personnel45%
Testing Equipment and Hardware Depreciation25%
Consumables and Specialized Sensors12%
Facilities and Laboratory Overhead10%
Logistics and Field Travel8%
share of delivered cost (analyst estimate)