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Technical Testing & Analysis in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Technical Testing & Analysis Market Research Report | SIC M71.200 | May 2017

Technically testing: Economic uncertainty is expected to hamper demand in the short term

IBISWorld’s Technical Testing & Analysis market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Lloyd's Register Group Lloyd's Register Group market share
Industry Statistics & Market Size
Annual Growth 13-18
Annual Growth 18-23
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Industry Threats & Opportunities
  • Subdued construction activity is expected to contribute to a short-term revenue decline
  • The introduction of new regulations and safety standards has supported industry demand
  • Increasingly technologically advanced and UK manufactured goods support demand for industry services
  • ... purchase to read more

Industry Analysis & Industry Trends

Operators in the industry offer a wide range of services to assure consumers, companies and government institutions that products, services and processes meet regulatory requirements and relevant industry standards. The industry is highly fragmented, with many small players. Industry revenue is expected to increase at a compound annual rate of 1.5% over the five years through 2017-18. Construction activity rebounded and enabled the industry to expand during the first three years of the period, because construction firms depend on the industry to test materials and equipment and perform various tests. New regulatory requirements also supported demand for the industry's services... purchase to read more

Industry Report - Industry Investment Chapter

Capital intensity is determined by comparing the human and capital aspects of production using wages and depreciation costs as proxies. High depreciation costs indicate a high level of investment in depreciable assets like buildings and equipment, suggesting high capital intensity. Conversely, high wage costs indicate high labour intensity.

The industry exhibits a moderate level of capital intensity, with an estimated capital-to-labour ratio of 1:7.72 in 2017-18. This indicates that for every £1.00 spent on capital, £7.72 is spent on labour. The industry requires qualified staff to analyse and inspect products, services and processes, and these employees command relatively high salaries. How.. purchase to read more

Additional Insights for the Technical Testing & Analysis Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Technical Testing & Analysis Industry are

  • Access to highly skilled workforce
  • Proximity to key markets
  • Prompt delivery to market
  • IBISWorld analysts also discuss how external factors such as Industrial production index and Total value of construction in the Technical Testing & Analysis industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Technical Testing & Analysis Industry?

    This industry includes organisations that conduct physical, chemical and other analytical tests on materials and products. This includes the certification of consumer goods, motor vehicles, equipment, pressurised containers, food hygiene and nuclear plants by using models or mock-ups. Animal and medical testing are not covered.

    Industry Products
    Materials and equipment testing and analysisAgriculture and food testing and analysisProduct testing and analysisTesting and analysis of processes and systems
    Industry Activities
    Acoustics and vibration testingTesting the composition and purity of mineralsFood hygiene testingTesting the physical characteristics and performance of materialsConducting performance tests on machineryUsing radiographic testing to assess welds and jointsTesting and measuring environmental indicators like air and water pollution

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Industrial production index
  • Total value of construction
  • Business capital expenditure
  • Public concern over environmental issues
  • Real household disposable income
  • Demand from electricity production
  • Current Performance
  • Demand trends
  • Regulations aid growth
  • Margins fall
  • Chart: Revenue Growth
  • Industry Outlook
  • Demand expands
  • Potential disruptions
  • Margins expand


  • Table: Technical Testing & Analysis Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Technical Testing & Analysis Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Cereals, Leguminous Crops & Oilseed Growing
  • Wired Telecommunications Carriers
  • Motor Vehicle Parts & Accessories Manufacturing
  • Electricity Production
  • Commercial Building Construction
  • Key Selling Industries
  • Computer & Peripheral Equipment Manufacturing
  • Electromedical & Imaging Equipment Manufacturing
  • Measuring, Testing & Navigational Equipment Manufacturing
  • Optical & Photographic Equipment Manufacturing
  • Tool Manufacturing
  • Products & Services
  • Product testing and analysis
  • Materials and equipment testing and analysis
  • Testing and analysis of processes and systems
  • Agriculture and food testing and analysis
  • Chart: Technical Testing & Analysis Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Industrial and manufacturing sectors
  • Construction sector
  • Food and agricultural sectors
  • Other
  • Energy sector
  • Chart: Major Market Segmentation for the Technical Testing & Analysis Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Technical Testing & Analysis
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Technical Testing & Analysis Industry
  • Industry Globalization
    Major Companies
    Lloyd's Register Group Limited
  • Table: Lloyd's Register Group Limited - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Technical Testing & Analysis Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Technical Testing & Analysis Industry
  • Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
  • A process of evaluation that concludes with a written assertion that a system or component complies with specified requirements.
  • Fracking
  • Fracking is the process of drilling down into the earth before a high-pressure water mixture is directed at the rock to release the gas inside.
  • International Organization For Standardization
  • An international organisation that sets standards to ensure products are safe, reliable and of high quality.
  • Risk Assessment
  • A process of determining possible risks or problems that could occur and implementing procedures to avoid, minimise or cope with the impact of the risk.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Technical Testing & Analysis:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Technical Testing & Analysis market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Technical Testing & Analysis, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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