Electrical Compliance and Certification Market, Global Outlook and Forecast 2023-2030
Effective identification and confirmation to reliability standards in a dynamic regulatory environment, optimizing product development, and monitoring quality throughout the supply chain remain some of the longstanding obstacles affecting their operational processes. Electric device manufacturers are increasingly investing in electrical compliance and certification services to attest their product integrity, which also helps them to efficiently and effectively enter their target markets.
This report aims to provide a comprehensive presentation of the global market for Electrical Compliance and Certification, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electrical Compliance and Certification. This report contains market size and forecasts of Electrical Compliance and Certification in global, including the following market information:
Global Electrical Compliance and Certification Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Electrical Compliance and Certification market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Electrical Installation Certificate Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Electrical Compliance and Certification include Eurofins Scientific, MET Laboratories, Inc., Bureau Veritas Group, T?V S?D, Element Materials Technology, SGS SA, SIS Certifications Pvt. Ltd., Intertek Group plc and The British Standards Institution, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Electrical Compliance and Certification companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electrical Compliance and Certification Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Electrical Compliance and Certification Market Segment Percentages, by Type, 2022 (%)
Electrical Installation Certificate
Minor Electrical Works Installation Certificate
Electrical Installation Condition Report
Global Electrical Compliance and Certification Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Electrical Compliance and Certification Market Segment Percentages, by Application, 2022 (%)
Automotive and Transportation
Energy and Utilities
Manufacturing
Construction and Engineering
Aerospace and Defense
Healthcare and Medical Devices
Telecommunications
Chemicals and Materials
Others
Global Electrical Compliance and Certification Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Electrical Compliance and Certification Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electrical Compliance and Certification revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Electrical Compliance and Certification revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Eurofins Scientific
MET Laboratories, Inc.
Bureau Veritas Group
T?V S?D
Element Materials Technology
SGS SA
SIS Certifications Pvt. Ltd.
Intertek Group plc
The British Standards Institution
SAI Global Pty Limited
The Techno Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Electrical Compliance and Certification, market overview.
Chapter 2: Global Electrical Compliance and Certification market size in revenue.
Chapter 3: Detailed analysis of Electrical Compliance and Certification company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Electrical Compliance and Certification in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
