Key Statistics from 2022
According to the latest data, New Zealand's GDP in 2022 was NZD 230 billion, with the technical testing industry being a critical component of the country's economy, ensuring the safety and quality of products and services, with a contribution of approximately 0.2% to the gross domestic product (GDP). In terms of employment, the industry employs over 6,000 people, with an average annual salary of NZD 85,000.
Factors Contributing to Growth and Success
One of the key factors contributing to the growth and success of the technical testing industry in New Zealand is the government's commitment to promoting product and service quality and safety. The government has launched various initiatives to support the industry, including the establishment of the International Accreditation New Zealand (IANZ), a government agency that provides accreditation services to ensure the competence and impartiality of testing and inspection bodies.
In addition, the industry has benefited from the increasing demand for quality and safety standards from both domestic and international clients. The growing recognition of New Zealand's expertise and capabilities in the technical testing industry has also contributed to the industry's success.
Industry Growth and Comparison to Previous Years
The technical testing industry in New Zealand has shown consistent growth over the past decade. According to a report by the Ministry of Business, Innovation and Employment, the industry grew at an average rate of 4.2% per year between 2011 and 2020.
In terms of individual sectors, the construction and infrastructure sector has shown the highest growth rate, with an average annual growth rate of 6.1% over the past decade. This growth can be attributed to the increasing demand for quality and safety standards in the construction and infrastructure sector.
Key Trends: Technological Disruptions
One of the key trends in the technical testing industry in New Zealand is the increasing use of digital technologies to improve efficiency and productivity. This has led to the development of new tools and platforms, such as software automation and robotics, which allow testers to perform tests more accurately and efficiently.
For example, software automation tools can be used to perform repetitive tests and reduce human error, while robotics can be used to perform tests in hazardous or difficult-to-access environments.
Challenges
Despite the positive growth and trends in the technical testing industry in New Zealand, there are also several challenges that need to be addressed. One of the most pressing challenges is the shortage of skilled testers, which has led to high demand for overseas talent.
In addition, the industry is also facing the challenge of balancing the need for profitability and growth with the increasing demand for quality and safety standards.
Future Outlook
Looking ahead, the future of the technical testing industry in New Zealand looks promising. The government's continued support for product and service quality and safety, coupled with the increasing demand for quality and safety standards, provides a solid foundation for future growth.
Moreover, the increasing use of digital technologies and the growing recognition of the importance of technical testing in ensuring product and service quality and safety present exciting opportunities for the industry to drive innovation and create value. With the right investment, innovation, and collaboration, the technical testing industry in New Zealand has the potential to continue to thrive and contribute to the country's economy and society.
Conclusion
In conclusion, the technical testing industry in New Zealand plays a critical role in ensuring the quality and safety of products and services. The industry has shown consistent growth over the past decade, driven by factors such as government initiatives and increasing demand for quality and safety standards.
The increasing use of digital technologies and the growing recognition of the importance of technical testing in ensuring product and service quality and safety present opportunities for the industry to drive innovation and create value. However, the industry also faces challenges, including the shortage of skilled testers and the need to balance profitability and growth with quality and safety standards.
To address these challenges, the industry needs to focus on upskilling its workforce to address the shortage of skilled testers. This can be done through increased investment in education and training programs that focus on emerging technologies and technical testing practices.
Moreover, the industry needs to prioritize the development of innovative solutions and products that can address pressing societal and environmental challenges, such as climate change and sustainable practices.
Looking ahead, the future of the technical testing industry in New Zealand looks promising, with the government's continued support for product and service quality and safety and the opportunities presented by digital technologies and technical testing practices. With the right investment, innovation, and collaboration, the industry has the potential to continue to grow and drive value in the future.
To achieve this potential, the industry needs to prioritize upskilling its workforce, promoting collaboration, and embracing innovative technical testing practices. This can lead to the development of innovative solutions and products that can address pressing societal and environmental challenges, such as climate change and sustainable practices.