The global market for Electrical Safety Testing was valued at US$ 8227 million in the year 2024 and is projected to reach a revised size of US$ 13380 million by 2031, growing at a CAGR of 7.3% during the forecast period.
Electrical safety testing involves verifying that electrical equipment and installations meet safety standards set forth in various codes and regulations such as OSHA and NFPA. This includes testing the functionality and operation of protective systems such as ground fault circuits interrupt (GFCI), arc flash hazard mitigation measures, surge protection devices, overcurrent protection devices, and other equipment intended to prevent fires and electric shock.
The growth of this market is being driven by the increasing demand for electrical safety testing services in a variety of industries, such as manufacturing, construction, and healthcare.
Electrical safety testing is the process of evaluating the safety of electrical equipment and systems. It is conducted to ensure that electrical equipment and systems meet safety standards and do not pose a risk of electrical shock or fire.
The key drivers of the electrical safety testing market include:
Increasing demand for electrical safety testing services: The increasing demand for electrical safety testing services is being driven by the increasing number of electrical accidents and the growing awareness of the importance of electrical safety.
Stringent government regulations: Stringent government regulations in a number of countries are mandating electrical safety testing for electrical equipment and systems.
Growing adoption of new technologies: The growing adoption of new technologies, such as smart grids and electric vehicles, is increasing the demand for electrical safety testing.
The key challenges faced by the electrical safety testing market include:
High cost: Electrical safety testing can be a costly process, which could limit its adoption in some markets.
Lack of skilled technicians: There is a shortage of skilled technicians who can conduct electrical safety testing. This could slow the growth of the market.
Lack of awareness: There is a lack of awareness about the importance of electrical safety testing among businesses and consumers. This could slow the growth of the market.
Overall, the global electrical safety testing market is expected to grow at a significant CAGR during the forecast period. The growth of this market is being driven by the increasing demand for electrical safety testing services, stringent government regulations, and the growing adoption of new technologies.
This report aims to provide a comprehensive presentation of the global market for Electrical Safety Testing, 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 Safety Testing.
The Electrical Safety Testing market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Electrical Safety Testing market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electrical Safety Testing companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Intertek
TUV SUD
Eurofins
Applus+ Laboratories
DEKRA Certification
NTS Inc
UL
QAI Laboratories
FORCE Technology
Bureau Veritas
LabTest Certification
Nemko
SGS
EMC Technologies
STERIS
Megger
Ikonix USA
ServiceFM
Austest Laboratories
Independent Test Laboratories
Citation
Setsco
JM Test Systems
Vipac
Kinectrics
Elite
Spectrum Laboratories
I3CGLOBAL
TechSafe
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Segment by Type
Fixed Equipment Testing
Portable Equipment Testing
Segment by Application
Automotive Industrial
Household Appliances
Medical Equipment
Industrial Manufacture
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Electrical Safety Testing company competitive landscape, revenue 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Electrical Safety Testing Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Fixed Equipment Testing
1.2.3 Portable Equipment Testing
1.3 Market by Application
1.3.1 Global Electrical Safety Testing Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Automotive Industrial
1.3.3 Household Appliances
1.3.4 Medical Equipment
1.3.5 Industrial Manufacture
1.3.6 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Electrical Safety Testing Market Perspective (2020-2031)
2.2 Global Electrical Safety Testing Growth Trends by Region
2.2.1 Global Electrical Safety Testing Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Electrical Safety Testing Historic Market Size by Region (2020-2025)
2.2.3 Electrical Safety Testing Forecasted Market Size by Region (2026-2031)
2.3 Electrical Safety Testing Market Dynamics
2.3.1 Electrical Safety Testing Industry Trends
2.3.2 Electrical Safety Testing Market Drivers
2.3.3 Electrical Safety Testing Market Challenges
2.3.4 Electrical Safety Testing Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Electrical Safety Testing Players by Revenue
3.1.1 Global Top Electrical Safety Testing Players by Revenue (2020-2025)
3.1.2 Global Electrical Safety Testing Revenue Market Share by Players (2020-2025)
3.2 Global Electrical Safety Testing Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Electrical Safety Testing Revenue
3.4 Global Electrical Safety Testing Market Concentration Ratio
3.4.1 Global Electrical Safety Testing Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Electrical Safety Testing Revenue in 2024
3.5 Global Key Players of Electrical Safety Testing Head office and Area Served
3.6 Global Key Players of Electrical Safety Testing, Product and Application
3.7 Global Key Players of Electrical Safety Testing, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Electrical Safety Testing Breakdown Data by Type
4.1 Global Electrical Safety Testing Historic Market Size by Type (2020-2025)
4.2 Global Electrical Safety Testing Forecasted Market Size by Type (2026-2031)
5 Electrical Safety Testing Breakdown Data by Application
5.1 Global Electrical Safety Testing Historic Market Size by Application (2020-2025)
5.2 Global Electrical Safety Testing Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Electrical Safety Testing Market Size (2020-2031)
6.2 North America Electrical Safety Testing Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Electrical Safety Testing Market Size by Country (2020-2025)
6.4 North America Electrical Safety Testing Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Electrical Safety Testing Market Size (2020-2031)
7.2 Europe Electrical Safety Testing Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Electrical Safety Testing Market Size by Country (2020-2025)
7.4 Europe Electrical Safety Testing Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Electrical Safety Testing Market Size (2020-2031)
8.2 Asia-Pacific Electrical Safety Testing Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Electrical Safety Testing Market Size by Region (2020-2025)
8.4 Asia-Pacific Electrical Safety Testing Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Electrical Safety Testing Market Size (2020-2031)
9.2 Latin America Electrical Safety Testing Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Electrical Safety Testing Market Size by Country (2020-2025)
9.4 Latin America Electrical Safety Testing Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Electrical Safety Testing Market Size (2020-2031)
10.2 Middle East & Africa Electrical Safety Testing Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Electrical Safety Testing Market Size by Country (2020-2025)
10.4 Middle East & Africa Electrical Safety Testing Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Intertek
11.1.1 Intertek Company Details
11.1.2 Intertek Business Overview
11.1.3 Intertek Electrical Safety Testing Introduction
11.1.4 Intertek Revenue in Electrical Safety Testing Business (2020-2025)
11.1.5 Intertek Recent Development
11.2 TUV SUD
11.2.1 TUV SUD Company Details
11.2.2 TUV SUD Business Overview
11.2.3 TUV SUD Electrical Safety Testing Introduction
11.2.4 TUV SUD Revenue in Electrical Safety Testing Business (2020-2025)
11.2.5 TUV SUD Recent Development
11.3 Eurofins
11.3.1 Eurofins Company Details
11.3.2 Eurofins Business Overview
11.3.3 Eurofins Electrical Safety Testing Introduction
11.3.4 Eurofins Revenue in Electrical Safety Testing Business (2020-2025)
11.3.5 Eurofins Recent Development
11.4 Applus+ Laboratories
11.4.1 Applus+ Laboratories Company Details
11.4.2 Applus+ Laboratories Business Overview
11.4.3 Applus+ Laboratories Electrical Safety Testing Introduction
11.4.4 Applus+ Laboratories Revenue in Electrical Safety Testing Business (2020-2025)
11.4.5 Applus+ Laboratories Recent Development
11.5 DEKRA Certification
11.5.1 DEKRA Certification Company Details
11.5.2 DEKRA Certification Business Overview
11.5.3 DEKRA Certification Electrical Safety Testing Introduction
11.5.4 DEKRA Certification Revenue in Electrical Safety Testing Business (2020-2025)
11.5.5 DEKRA Certification Recent Development
11.6 NTS Inc
11.6.1 NTS Inc Company Details
11.6.2 NTS Inc Business Overview
11.6.3 NTS Inc Electrical Safety Testing Introduction
11.6.4 NTS Inc Revenue in Electrical Safety Testing Business (2020-2025)
11.6.5 NTS Inc Recent Development
11.7 UL
11.7.1 UL Company Details
11.7.2 UL Business Overview
11.7.3 UL Electrical Safety Testing Introduction
11.7.4 UL Revenue in Electrical Safety Testing Business (2020-2025)
11.7.5 UL Recent Development
11.8 QAI Laboratories
11.8.1 QAI Laboratories Company Details
11.8.2 QAI Laboratories Business Overview
11.8.3 QAI Laboratories Electrical Safety Testing Introduction
11.8.4 QAI Laboratories Revenue in Electrical Safety Testing Business (2020-2025)
11.8.5 QAI Laboratories Recent Development
11.9 FORCE Technology
11.9.1 FORCE Technology Company Details
11.9.2 FORCE Technology Business Overview
11.9.3 FORCE Technology Electrical Safety Testing Introduction
11.9.4 FORCE Technology Revenue in Electrical Safety Testing Business (2020-2025)
11.9.5 FORCE Technology Recent Development
11.10 Bureau Veritas
11.10.1 Bureau Veritas Company Details
11.10.2 Bureau Veritas Business Overview
11.10.3 Bureau Veritas Electrical Safety Testing Introduction
11.10.4 Bureau Veritas Revenue in Electrical Safety Testing Business (2020-2025)
11.10.5 Bureau Veritas Recent Development
11.11 LabTest Certification
11.11.1 LabTest Certification Company Details
11.11.2 LabTest Certification Business Overview
11.11.3 LabTest Certification Electrical Safety Testing Introduction
11.11.4 LabTest Certification Revenue in Electrical Safety Testing Business (2020-2025)
11.11.5 LabTest Certification Recent Development
11.12 Nemko
11.12.1 Nemko Company Details
11.12.2 Nemko Business Overview
11.12.3 Nemko Electrical Safety Testing Introduction
11.12.4 Nemko Revenue in Electrical Safety Testing Business (2020-2025)
11.12.5 Nemko Recent Development
11.13 SGS
11.13.1 SGS Company Details
11.13.2 SGS Business Overview
11.13.3 SGS Electrical Safety Testing Introduction
11.13.4 SGS Revenue in Electrical Safety Testing Business (2020-2025)
11.13.5 SGS Recent Development
11.14 EMC Technologies
11.14.1 EMC Technologies Company Details
11.14.2 EMC Technologies Business Overview
11.14.3 EMC Technologies Electrical Safety Testing Introduction
11.14.4 EMC Technologies Revenue in Electrical Safety Testing Business (2020-2025)
11.14.5 EMC Technologies Recent Development
11.15 STERIS
11.15.1 STERIS Company Details
11.15.2 STERIS Business Overview
11.15.3 STERIS Electrical Safety Testing Introduction
11.15.4 STERIS Revenue in Electrical Safety Testing Business (2020-2025)
11.15.5 STERIS Recent Development
11.16 Megger
11.16.1 Megger Company Details
11.16.2 Megger Business Overview
11.16.3 Megger Electrical Safety Testing Introduction
11.16.4 Megger Revenue in Electrical Safety Testing Business (2020-2025)
11.16.5 Megger Recent Development
11.17 Ikonix USA
11.17.1 Ikonix USA Company Details
11.17.2 Ikonix USA Business Overview
11.17.3 Ikonix USA Electrical Safety Testing Introduction
11.17.4 Ikonix USA Revenue in Electrical Safety Testing Business (2020-2025)
11.17.5 Ikonix USA Recent Development
11.18 ServiceFM
11.18.1 ServiceFM Company Details
11.18.2 ServiceFM Business Overview
11.18.3 ServiceFM Electrical Safety Testing Introduction
11.18.4 ServiceFM Revenue in Electrical Safety Testing Business (2020-2025)
11.18.5 ServiceFM Recent Development
11.19 Austest Laboratories
11.19.1 Austest Laboratories Company Details
11.19.2 Austest Laboratories Business Overview
11.19.3 Austest Laboratories Electrical Safety Testing Introduction
11.19.4 Austest Laboratories Revenue in Electrical Safety Testing Business (2020-2025)
11.19.5 Austest Laboratories Recent Development
11.20 Independent Test Laboratories
11.20.1 Independent Test Laboratories Company Details
11.20.2 Independent Test Laboratories Business Overview
11.20.3 Independent Test Laboratories Electrical Safety Testing Introduction
11.20.4 Independent Test Laboratories Revenue in Electrical Safety Testing Business (2020-2025)
11.20.5 Independent Test Laboratories Recent Development
11.21 Citation
11.21.1 Citation Company Details
11.21.2 Citation Business Overview
11.21.3 Citation Electrical Safety Testing Introduction
11.21.4 Citation Revenue in Electrical Safety Testing Business (2020-2025)
11.21.5 Citation Recent Development
11.22 Setsco
11.22.1 Setsco Company Details
11.22.2 Setsco Business Overview
11.22.3 Setsco Electrical Safety Testing Introduction
11.22.4 Setsco Revenue in Electrical Safety Testing Business (2020-2025)
11.22.5 Setsco Recent Development
11.23 JM Test Systems
11.23.1 JM Test Systems Company Details
11.23.2 JM Test Systems Business Overview
11.23.3 JM Test Systems Electrical Safety Testing Introduction
11.23.4 JM Test Systems Revenue in Electrical Safety Testing Business (2020-2025)
11.23.5 JM Test Systems Recent Development
11.24 Vipac
11.24.1 Vipac Company Details
11.24.2 Vipac Business Overview
11.24.3 Vipac Electrical Safety Testing Introduction
11.24.4 Vipac Revenue in Electrical Safety Testing Business (2020-2025)
11.24.5 Vipac Recent Development
11.25 Kinectrics
11.25.1 Kinectrics Company Details
11.25.2 Kinectrics Business Overview
11.25.3 Kinectrics Electrical Safety Testing Introduction
11.25.4 Kinectrics Revenue in Electrical Safety Testing Business (2020-2025)
11.25.5 Kinectrics Recent Development
11.26 Elite
11.26.1 Elite Company Details
11.26.2 Elite Business Overview
11.26.3 Elite Electrical Safety Testing Introduction
11.26.4 Elite Revenue in Electrical Safety Testing Business (2020-2025)
11.26.5 Elite Recent Development
11.27 Spectrum Laboratories
11.27.1 Spectrum Laboratories Company Details
11.27.2 Spectrum Laboratories Business Overview
11.27.3 Spectrum Laboratories Electrical Safety Testing Introduction
11.27.4 Spectrum Laboratories Revenue in Electrical Safety Testing Business (2020-2025)
11.27.5 Spectrum Laboratories Recent Development
11.28 I3CGLOBAL
11.28.1 I3CGLOBAL Company Details
11.28.2 I3CGLOBAL Business Overview
11.28.3 I3CGLOBAL Electrical Safety Testing Introduction
11.28.4 I3CGLOBAL Revenue in Electrical Safety Testing Business (2020-2025)
11.28.5 I3CGLOBAL Recent Development
11.29 TechSafe
11.29.1 TechSafe Company Details
11.29.2 TechSafe Business Overview
11.29.3 TechSafe Electrical Safety Testing Introduction
11.29.4 TechSafe Revenue in Electrical Safety Testing Business (2020-2025)
11.29.5 TechSafe Recent Development
11.30 °ÕÃœ¸é°ä·¡¸é°Õ
11.30.1 °ÕÃœ¸é°ä·¡¸é°Õ Company Details
11.30.2 °ÕÃœ¸é°ä·¡¸é°Õ Business Overview
11.30.3 °ÕÃœ¸é°ä·¡¸é°Õ Electrical Safety Testing Introduction
11.30.4 °ÕÃœ¸é°ä·¡¸é°Õ Revenue in Electrical Safety Testing Business (2020-2025)
11.30.5 °ÕÃœ¸é°ä·¡¸é°Õ Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
Intertek
TUV SUD
Eurofins
Applus+ Laboratories
DEKRA Certification
NTS Inc
UL
QAI Laboratories
FORCE Technology
Bureau Veritas
LabTest Certification
Nemko
SGS
EMC Technologies
STERIS
Megger
Ikonix USA
ServiceFM
Austest Laboratories
Independent Test Laboratories
Citation
Setsco
JM Test Systems
Vipac
Kinectrics
Elite
Spectrum Laboratories
I3CGLOBAL
TechSafe
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*If Applicable.
