Testing, inspection and certification

UL Solutions Grants Siemens First Certification Using Digital Modeling and Simulation

Retrieved on:

Thursday, January 25, 2024

Certification, Standard, Temperature, Safety, Digital, Risk, Testing, inspection and certification, Electricity, Inspection, 3D printing

NORTHBROOK, Ill., Jan. 25, 2024 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, today announced its first certification using a digital model of the product being tested, granted to technology company Siemens, a milestone that has potentially wide-ranging implications for product innovation and speed to market.

Key Points:

UL Solutions digital modeling and simulation services are building a more efficient pathway for product design and certification by using verified and validated digital models alongside physical tests.
"Digital modeling and simulation have enormous potential to shape the future of product development and certification.
UL Solutions modeling and simulation services use a proprietary verification and validation process to establish the credibility of the model for compliance.
"Siemens' digital twin technology is rewriting the rules of innovation," said Cedrik Neike, a member of the Managing Board of Siemens AG and CEO of Siemens Digital Industries.

KKR Acquires Potter Global Technologies

Retrieved on:

Monday, November 27, 2023

Professional Services, Insurance, Finance, Safety, Ascendant, Investment, KKR, Physics, Growth, Robot Alchemic Drive, Fire, Testing, inspection and certification, Face, Education, Financial adviser, Potter

KKR, a leading global investment firm, today announced that investment funds managed by KKR have acquired Potter Global Technologies (“Potter” or the “Company”), a leading manufacturer of fire and life safety equipment, from Gryphon Investors.

Key Points:

KKR, a leading global investment firm, today announced that investment funds managed by KKR have acquired Potter Global Technologies (“Potter” or the “Company”), a leading manufacturer of fire and life safety equipment, from Gryphon Investors.
KKR plans to support the Company in its continued growth organically and through add-on acquisitions.
Headquartered in St. Louis, Missouri, Potter is a trusted global provider of fire safety and emergency communication equipment used by thousands of customers across diverse end markets including education, multi-family, industrial, and healthcare.
KKR will support Potter in implementing a broad-based employee ownership program to allow all of its employees to have the opportunity to participate in the benefits of ownership of the Company.

Testing, Inspection, and Certification Market to Reach $407.2 Billion, Globally, by 2032 at 6.3% CAGR: Allied Market Research

Retrieved on:

Tuesday, December 12, 2023

Food, Growth, Electronics, COVID-19, Safety, Internet of things, Testing, inspection and certification, Organization, TIC, Government, Customer service, Video game, Certification, Inspection

WILMINGTON, Del., Dec. 12, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Testing, Inspection and Certification Market by Service Type (Testing, Inspection, and Certification), Sourcing Type (In House and Outsource), Application (Quality & Safety, Production Evaluation, Industrial Inspection, System Certification, and Others), Industry Vertical (Agro, Food, Pharmaceuticals, Chemical, Oil & Gas, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global Testing, Inspection and Certification industry generated $226.8 billion in 2022, and is anticipated to generate 407.2 billion by 2032, witnessing a CAGR of 6.3% from 2023 to 2032.

Key Points:

Manufacturing, production and testing, inspection, certification hubs had temporarily been shut down and delayed in operations to limit the virus spread.
The increase in need for safety, sustainability, and performance standards globally boosts the segmental growth of the market.
The system certification segment is projected to manifest the highest CAGR of 8.2% from 2023 to 2032.
Technological development by the emerging economies in Asia-Pacific boosts the testing, inspection, certification market growth.

Testing, Inspection, and Certification Market to Reach $407.2 Billion, Globally, by 2032 at 6.3% CAGR: Allied Market Research

Retrieved on:

Tuesday, December 12, 2023

Food, Growth, Electronics, COVID-19, Safety, Internet of things, Testing, inspection and certification, Organization, TIC, Government, Customer service, Video game, Certification, Inspection

WILMINGTON, Del., Dec. 12, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Testing, Inspection and Certification Market by Service Type (Testing, Inspection, and Certification), Sourcing Type (In House and Outsource), Application (Quality & Safety, Production Evaluation, Industrial Inspection, System Certification, and Others), Industry Vertical (Agro, Food, Pharmaceuticals, Chemical, Oil & Gas, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global Testing, Inspection and Certification industry generated $226.8 billion in 2022, and is anticipated to generate 407.2 billion by 2032, witnessing a CAGR of 6.3% from 2023 to 2032.

Key Points:

Manufacturing, production and testing, inspection, certification hubs had temporarily been shut down and delayed in operations to limit the virus spread.
The increase in need for safety, sustainability, and performance standards globally boosts the segmental growth of the market.
The system certification segment is projected to manifest the highest CAGR of 8.2% from 2023 to 2032.
Technological development by the emerging economies in Asia-Pacific boosts the testing, inspection, certification market growth.

Medical Device Testing Market worth $13.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Monday, October 23, 2023

The certification services segment in the medical device testing market is projected to exhibit the highest compound annual growth rate (CAGR) due to several factors.

Key Points:

The certification services segment in the medical device testing market is projected to exhibit the highest compound annual growth rate (CAGR) due to several factors.
Medical device testing market for in-house segment to hold the highest market share during the forecast period.
Medical device testing market for active implant medical devices to exhibit the highest CAGR during the forecast period.
These players have a strong market presence for medical device testing across various countries in North America, Europe, Asia Pacific, and RoW.

TPG Rise Climate to Acquire AmSpec, an Industry Leader in Testing, Inspection, and Certification for Energy, Commodities, and Fuels

Retrieved on:

Wednesday, October 11, 2023

TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise, today announced that it has signed a definitive agreement to acquire AmSpec Group, Inc. (“AmSpec”), one of the fastest growing Testing, Inspection, and Certification (“TIC”) companies specializing in energy, commodities, and fuels.

Key Points:

TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise, today announced that it has signed a definitive agreement to acquire AmSpec Group, Inc. (“AmSpec”), one of the fastest growing Testing, Inspection, and Certification (“TIC”) companies specializing in energy, commodities, and fuels.
AmSpec’s existing majority shareholder, Olympus Partners, will retain a minority interest in the company.
AmSpec’s core service involves testing and certifying the performance and emission qualities of fuels or commodities at each stage along the value chain.
Goldman Sachs and Baird served as financial advisors and Morgan Lewis served as legal counsel to AmSpec in relation to the transaction.

TÜV Rheinland celebrates 30 years of promoting regulatory compliance in Mexican industries

Retrieved on:

Tuesday, October 3, 2023

MEXICO, Food, Petroleum, Electronics, Telecommunications, Agriculture, Saenger, Standard, TIC, EMA, Quality management system, Economic development, Inspection, Testing, inspection and certification, Safety, EU, Certification

TÜV Rheinland has established itself in Mexico as a leader in the Testing, Inspection and Certification sector.

Key Points:

TÜV Rheinland has established itself in Mexico as a leader in the Testing, Inspection and Certification sector.
In Mexico, the main sectors that TÜV Rheinland serves are automotive, electronics, petroleum, agriculture and food, construction, railways, telecommunications, among others.
TÜV Rheinland has specialized collaborators in the different national and international norms and standards, which are distributed throughout the country attending projects for strategic clients.
In this way, TÜV Rheinland has been part of unique strategic projects of its kind in the country for the benefit of the quality and safety of users.

EQS-News: Element Materials Technology: CHROMacademy's New Course Redefines Success for New Recruits

Retrieved on:

Monday, September 25, 2023

LONDON, UK – 21st September 2023 – CHROMacademy, the world’s largest eLearning platform for chromatography and mass spectrometry, today launched its groundbreaking solution for training new recruits in the analytical lab – New Recruits Training Course.

Key Points:

LONDON, UK – 21st September 2023 – CHROMacademy, the world’s largest eLearning platform for chromatography and mass spectrometry, today launched its groundbreaking solution for training new recruits in the analytical lab – New Recruits Training Course.
This comprehensive course seamlessly integrates with in-house mentor-led training, providing a consistent source of high-quality knowledge while drastically reducing the training time required.
Dr Dawn Watson, CHROMacademy Product Manager, states: "Our New Recruits Training Course addresses a critical challenge in the industry - how to effectively and cost-efficiently train new analysts.
CHROMacademy's forward-thinking course can eliminate this overhead by arming new analysts with the skills they need right from the start.

Sensor Testing Market worth $2.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Tuesday, September 5, 2023

Sensor testing requires the use of specialized hardware components and equipment to accurately measure and evaluate the performance of sensors.

Key Points:

Sensor testing requires the use of specialized hardware components and equipment to accurately measure and evaluate the performance of sensors.
The hardware used in sensor testing encompasses a range of devices designed to handle various sensor types, sizes, and testing requirements.
Consumer electronics application is projected to account for a significant share of the sensor testing market during the forecast period.
Sensor testing in consumer electronics involves a range of activities, including performance evaluation, calibration, reliability assessment, and compatibility testing.

Sensor Testing Market worth $2.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Tuesday, September 5, 2023

Sensor testing requires the use of specialized hardware components and equipment to accurately measure and evaluate the performance of sensors.

Key Points:

Sensor testing requires the use of specialized hardware components and equipment to accurately measure and evaluate the performance of sensors.
The hardware used in sensor testing encompasses a range of devices designed to handle various sensor types, sizes, and testing requirements.
Consumer electronics application is projected to account for a significant share of the sensor testing market during the forecast period.
Sensor testing in consumer electronics involves a range of activities, including performance evaluation, calibration, reliability assessment, and compatibility testing.