
Smart grid testing and certification play an important role in ensuring the reliability, coordination, and security of today's electrical systems. These services include surveys and surveys designed to verify the functionality of smart devices and comply with industry standards. Components such as advanced instrumentation, power distribution, and permanent electrical connections are tested for functionality and performance through stringent testing procedures. The certification process assures utilities, regulators, and consumers about the quality and security of smart grid applications. Additionally, these services encourage innovation by creating references for new technologies and facilitating their access to the market. Smart grid assessment and verification programs support widespread use of the technology by addressing issues related to grid security, data integrity, and cyber threats, enabling the transition to a smarter, more resilient method for power lines.
The global Smart Grid Testing and Certification market was valued at US$ 677 million in 2023 and is anticipated to reach US$ 1020 million by 2030, witnessing a CAGR of 6.2% during the forecast period 2024-2030.
North American market for Smart Grid Testing and Certification is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Smart Grid Testing and Certification is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Smart Grid Testing and Certification in Utilities is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Smart Grid Testing and Certification include DNV Holding AS, UL LLC, SGS Group, Intertek Group PLC, TÜV SÜD, CSA Group (Bollore), Guidehouse Company, Kinectrics, Kiwa, National Technical Systems (NTS), etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Smart Grid Testing 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 Smart Grid Testing and Certification.
The Smart Grid Testing and Certification market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Smart Grid Testing and Certification 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 Smart Grid Testing and Certification 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
DNV Holding AS
UL LLC
SGS Group
Intertek Group PLC
TÜV SÜD
CSA Group (Bollore)
Guidehouse Company
Kinectrics
Kiwa
National Technical Systems (NTS)
Segment by Type
Testing
Certification
Segment by Application
Utilities
Government and Regulatory Bodies
Renewable Energy Developers
Electric Vehicle (EV) Manufacturers
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 Smart Grid Testing and Certification 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 Smart Grid Testing and Certification Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Testing
1.2.3 Certification
1.3 Market by Application
1.3.1 Global Smart Grid Testing and Certification Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Utilities
1.3.3 Government and Regulatory Bodies
1.3.4 Renewable Energy Developers
1.3.5 Electric Vehicle (EV) Manufacturers
1.3.6 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Smart Grid Testing and Certification Market Perspective (2019-2030)
2.2 Global Smart Grid Testing and Certification Growth Trends by Region
2.2.1 Global Smart Grid Testing and Certification Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Smart Grid Testing and Certification Historic Market Size by Region (2019-2024)
2.2.3 Smart Grid Testing and Certification Forecasted Market Size by Region (2025-2030)
2.3 Smart Grid Testing and Certification Market Dynamics
2.3.1 Smart Grid Testing and Certification Industry Trends
2.3.2 Smart Grid Testing and Certification Market Drivers
2.3.3 Smart Grid Testing and Certification Market Challenges
2.3.4 Smart Grid Testing and Certification Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Smart Grid Testing and Certification Players by Revenue
3.1.1 Global Top Smart Grid Testing and Certification Players by Revenue (2019-2024)
3.1.2 Global Smart Grid Testing and Certification Revenue Market Share by Players (2019-2024)
3.2 Global Smart Grid Testing and Certification Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Smart Grid Testing and Certification Revenue
3.4 Global Smart Grid Testing and Certification Market Concentration Ratio
3.4.1 Global Smart Grid Testing and Certification Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Smart Grid Testing and Certification Revenue in 2023
3.5 Global Key Players of Smart Grid Testing and Certification Head office and Area Served
3.6 Global Key Players of Smart Grid Testing and Certification, Product and Application
3.7 Global Key Players of Smart Grid Testing and Certification, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Smart Grid Testing and Certification Breakdown Data by Type
4.1 Global Smart Grid Testing and Certification Historic Market Size by Type (2019-2024)
4.2 Global Smart Grid Testing and Certification Forecasted Market Size by Type (2025-2030)
5 Smart Grid Testing and Certification Breakdown Data by Application
5.1 Global Smart Grid Testing and Certification Historic Market Size by Application (2019-2024)
5.2 Global Smart Grid Testing and Certification Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Smart Grid Testing and Certification Market Size (2019-2030)
6.2 North America Smart Grid Testing and Certification Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Smart Grid Testing and Certification Market Size by Country (2019-2024)
6.4 North America Smart Grid Testing and Certification Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Smart Grid Testing and Certification Market Size (2019-2030)
7.2 Europe Smart Grid Testing and Certification Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Smart Grid Testing and Certification Market Size by Country (2019-2024)
7.4 Europe Smart Grid Testing and Certification Market Size by Country (2025-2030)
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 Smart Grid Testing and Certification Market Size (2019-2030)
8.2 Asia-Pacific Smart Grid Testing and Certification Market Growth Rate by Country: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Smart Grid Testing and Certification Market Size by Region (2019-2024)
8.4 Asia-Pacific Smart Grid Testing and Certification Market Size by Region (2025-2030)
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 Smart Grid Testing and Certification Market Size (2019-2030)
9.2 Latin America Smart Grid Testing and Certification Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Smart Grid Testing and Certification Market Size by Country (2019-2024)
9.4 Latin America Smart Grid Testing and Certification Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Smart Grid Testing and Certification Market Size (2019-2030)
10.2 Middle East & Africa Smart Grid Testing and Certification Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Smart Grid Testing and Certification Market Size by Country (2019-2024)
10.4 Middle East & Africa Smart Grid Testing and Certification Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 DNV Holding AS
11.1.1 DNV Holding AS Company Details
11.1.2 DNV Holding AS Business Overview
11.1.3 DNV Holding AS Smart Grid Testing and Certification Introduction
11.1.4 DNV Holding AS Revenue in Smart Grid Testing and Certification Business (2019-2024)
11.1.5 DNV Holding AS Recent Development
11.2 UL LLC
11.2.1 UL LLC Company Details
11.2.2 UL LLC Business Overview
11.2.3 UL LLC Smart Grid Testing and Certification Introduction
11.2.4 UL LLC Revenue in Smart Grid Testing and Certification Business (2019-2024)
11.2.5 UL LLC Recent Development
11.3 SGS Group
11.3.1 SGS Group Company Details
11.3.2 SGS Group Business Overview
11.3.3 SGS Group Smart Grid Testing and Certification Introduction
11.3.4 SGS Group Revenue in Smart Grid Testing and Certification Business (2019-2024)
11.3.5 SGS Group Recent Development
11.4 Intertek Group PLC
11.4.1 Intertek Group PLC Company Details
11.4.2 Intertek Group PLC Business Overview
11.4.3 Intertek Group PLC Smart Grid Testing and Certification Introduction
11.4.4 Intertek Group PLC Revenue in Smart Grid Testing and Certification Business (2019-2024)
11.4.5 Intertek Group PLC Recent Development
11.5 TÜV SÜD
11.5.1 TÜV SÜD Company Details
11.5.2 TÜV SÜD Business Overview
11.5.3 TÜV SÜD Smart Grid Testing and Certification Introduction
11.5.4 TÜV SÜD Revenue in Smart Grid Testing and Certification Business (2019-2024)
11.5.5 TÜV SÜD Recent Development
11.6 CSA Group (Bollore)
11.6.1 CSA Group (Bollore) Company Details
11.6.2 CSA Group (Bollore) Business Overview
11.6.3 CSA Group (Bollore) Smart Grid Testing and Certification Introduction
11.6.4 CSA Group (Bollore) Revenue in Smart Grid Testing and Certification Business (2019-2024)
11.6.5 CSA Group (Bollore) Recent Development
11.7 Guidehouse Company
11.7.1 Guidehouse Company Company Details
11.7.2 Guidehouse Company Business Overview
11.7.3 Guidehouse Company Smart Grid Testing and Certification Introduction
11.7.4 Guidehouse Company Revenue in Smart Grid Testing and Certification Business (2019-2024)
11.7.5 Guidehouse Company Recent Development
11.8 Kinectrics
11.8.1 Kinectrics Company Details
11.8.2 Kinectrics Business Overview
11.8.3 Kinectrics Smart Grid Testing and Certification Introduction
11.8.4 Kinectrics Revenue in Smart Grid Testing and Certification Business (2019-2024)
11.8.5 Kinectrics Recent Development
11.9 Kiwa
11.9.1 Kiwa Company Details
11.9.2 Kiwa Business Overview
11.9.3 Kiwa Smart Grid Testing and Certification Introduction
11.9.4 Kiwa Revenue in Smart Grid Testing and Certification Business (2019-2024)
11.9.5 Kiwa Recent Development
11.10 National Technical Systems (NTS)
11.10.1 National Technical Systems (NTS) Company Details
11.10.2 National Technical Systems (NTS) Business Overview
11.10.3 National Technical Systems (NTS) Smart Grid Testing and Certification Introduction
11.10.4 National Technical Systems (NTS) Revenue in Smart Grid Testing and Certification Business (2019-2024)
11.10.5 National Technical Systems (NTS) 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
DNV Holding AS
UL LLC
SGS Group
Intertek Group PLC
TÜV SÜD
CSA Group (Bollore)
Guidehouse Company
Kinectrics
Kiwa
National Technical Systems (NTS)
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*If Applicable.
