Published On : June 2022 Pages : 165 Category: Electrical Systems & Components Report Code : SE061004
Industry Outlook and Trend Analysis
The Electrical Testing Services Market has encountered significant development in the recent years and is anticipated to grow tremendously over the forecast period. Electrical testing services are a kind of examination that includes an intensive inspection, investigation and diagnosis of critical heavy duty electrical equipment for its working execution and life span. Electrical equipment is not restricted to rectifiers, electrical cables, transformers, electrical links, rectifiers, batteries, and so on. Electrical testing services are fundamental to ensure the working measures of a plant which requires electricity. These electrical testing services are either outsourced or done in-house. The recurrence of these electrical testing and examination significantly relies upon nature of work environment and the hazard related with electrical hardware. They are extensively tried keeping in mind the end goal to guarantee proficiency and safe working. Enhancements in Transmission and Distribution system and developing electrification of railroad lines are a portion of the principle factors initiating the development of the electrical testing administrations market.
Drivers and Restraints
Electrical testing market incorporates the services that are used to test or review the working principles of a plant. Electrification efforts of rising economies are offering a progressive platform to electrical testing services market. The enhancements in electricity infrastructure of the countries are growing at rapid pace, and the move is anticipated to provide affordable and constant electricity to various parts across the globe. This also requires installation of power transmission equipment like transformers, which will have a direct impact on the demand for electrical testing services market.
Market Segmentation
The Electrical Testing Services Market is segmented on the basis of service type and end user. Based on service type the market is segmented into Circuit Breaker Testing, Battery Testing, Transformer Testing and Protection Testing out of which the transformer testing segment is anticipated to grow tremendously over the forecast period. Based on end user the market is segmented into Transmission and Distribution Stations, Major Refineries, Power Generation Stations, Steel Plants and Railways.
Regional Outlook and Trend Analysis
With more prominent extension for improvement, MEA emerges to be the quickest developing area in the worldwide electrical testing services market. Developing industrialization and urbanization will bolster the development of electrical testing administrations in the worldwide market over the figure time frame. Therefore, developing regions that are as yet going under the establishment forms give a superior degree to electrical testing services market.
Competitive Insights
The leading players in the market are Eaton Corporation, Inel Power System Engineers Pvt. Ltd, General Electric, Voltech Group, RESA Power Solutions LLC, Applus Services, ABB Inc, Hydro Tasmania Group, Quanta Services and Siemens. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
The Electrical Testing Services Market is segmented as follows-
By Service Type:
By End User:
By Region
Some of the key questions answered by the report are:
Market Classification
· Electrical Testing Services Market, By Service Type, Estimates and Forecast, 2014-2023($Billion)
o Circuit Breaker Testing
o Battery Testing
o Transformer Testing
o Protection Testing
· Electrical Testing Services Market, By End User, Estimates and Forecast, 2014-2023($Billion)
o Steel Plants
o Power Generation Stations
o Major Refineries
o Transmission and Distribution Stations
· Electrical Testing Services Market, By Region, Estimates and Forecast, 2014-2023($Billion)
o North America
§ North America Electrical Testing Services Market, By Country
o U.S. Electrical Testing Services Market
o Canada Electrical Testing Services Market
o Mexico Electrical Testing Services Market
o Europe
§ Europe Electrical Testing Services Market, By Country
o Germany Electrical Testing Services Market
o UK Electrical Testing Services Market
o France Electrical Testing Services Market
o Russia Electrical Testing Services Market
o Italy Electrical Testing Services Market
o Rest of Europe Electrical Testing Services Market
o Asia-Pacific
§ Asia-Pacific Electrical Testing Services Market, By Country
o China Electrical Testing Services Market
o Japan Electrical Testing Services Market
o South Korea Electrical Testing Services Market
o India Electrical Testing Services Market
o Southeast Asia Electrical Testing Services Market
o Rest of Asia-Pacific Electrical Testing Services Market
o South America
§ South America Electrical Testing Services Market
o Brazil Electrical Testing Services Market
o Argentina Electrical Testing Services Market
o Columbia Electrical Testing Services Market
o South Africa Electrical Testing Services Market
o Rest of South America Electrical Testing Services Market
o Middle East and Africa
§ Middle East and Africa Electrical Testing Services Market
o Saudi Arabia Electrical Testing Services Market
o UAE Electrical Testing Services Market
o Egypt Electrical Testing Services Market
o Nigeria Electrical Testing Services Market
o South Africa Electrical Testing Services Market
o Rest of MEA Electrical Testing Services Market
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2017-2023)
4.1.2. Canada Market States and Outlook (2017-2023)
4.1.3. Mexico Market States and Outlook (2017-2023)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2017-2023)
4.2.2. France Market States and Outlook (2017-2023)
4.2.3. UK Market States and Outlook (2017-2023)
4.2.4. Russia Market States and Outlook (2017-2023)
4.2.5. Italy Market States and Outlook (2017-2023)
4.2.6. Rest of Europe Market States and Outlook (2017-2023)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2017-2023)
4.3.2. Japan Market States and Outlook (2017-2023)
4.3.3. Korea Market States and Outlook (2017-2023)
4.3.4. India Market States and Outlook (2017-2023)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2017-2023)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2017-2023)
4.4.2. Argentina Market States and Outlook (2017-2023)
4.4.3. Columbia Market States and Outlook (2017-2023)
4.4.4. Rest of South America Market States and Outlook (2017-2023)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2017-2023)
4.5.2. UAE Market States and Outlook (2017-2023)
4.5.3. Egypt Market States and Outlook (2017-2023)
4.5.4. Nigeria Market States and Outlook (2017-2023)
4.5.5. South Africa Market States and Outlook (2017-2023)
4.5.6. Rest of MEA Market States and Outlook (2017-2023)
5. Electrical Testing Services Market, By Service Type
5.1. Introduction
5.2. Global Electrical Testing Services Revenue and Market Share by Service Type (2017-2027)
5.2.1. Global Electrical Testing Services Revenue and Revenue Share by Service Type (2017-2027)
5.3. Circuit Breaker Testing
5.3.1. Global Circuit Breaker Testing Revenue and Growth Rate (2017-2027)
5.4. Battery Testing
5.4.1. Global Battery Testing Revenue and Growth Rate (2017-2027)
5.5. Transformer Testing
5.5.1. Global Transformer Testing Revenue and Growth Rate (2017-2027)
5.6. Protection Testing
5.6.1. Global Protection Testing Revenue and Growth Rate (2017-2027)
6. Electrical Testing Services Market, By End User
6.1. Introduction
6.2. Global Electrical Testing Services Revenue and Market Share by End User (2017-2027)
6.2.1. Global Electrical Testing Services Revenue and Revenue Share by End User (2017-2027)
6.3. Steel Plants
6.3.1. Global Steel Plants Revenue and Growth Rate (2017-2027)
6.4. Power Generation Stations
6.4.1. Global Power Generation Stations Revenue and Growth Rate (2017-2027)
6.5. Major Refineries
6.5.1. Global Major Refineries Revenue and Growth Rate (2017-2027)
6.6. Transmission and Distribution Stations
6.6.1. Global Transmission and Distribution Revenue and Growth Rate (2017-2027)
7. Electrical Testing Services Market, By Region
7.1. Introduction
7.2. Global Electrical Testing Services Revenue and Market Share by Regions
7.2.1. Global Electrical Testing Services Revenue by Regions (2017-2027)
7.3. North America Electrical Testing Services by Countries
7.3.1. North America Electrical Testing Services Revenue and Growth Rate (2017-2027)
7.3.2. North America Electrical Testing Services Revenue by Countries (2017-2027)
7.3.3. North America Electrical Testing Services Revenue (Million USD) by Countries (2017-2027)
7.3.4. U.S.
7.3.4.1. United States Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.3.5. Canada
7.3.5.1. Canada Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.3.6. Mexico
7.3.6.1. Mexico Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.4. Europe Electrical Testing Services by Countries
7.4.1. Europe Electrical Testing Services Revenue and Growth Rate (2017-2027)
7.4.2. Europe Electrical Testing Services Revenue by Countries (2017-2027)
7.4.3. Europe Electrical Testing Services Revenue (Million USD) by Countries (2017-2027)
7.4.4. Germany
7.4.4.1. Germany Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.5. UK
7.4.5.1. UK Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.6. France
7.4.6.1. France Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.7. Russia
7.4.7.1. Russia Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.8. Italy
7.4.8.1. Italy Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.4.9. Rest of Europe
7.4.9.1. Rest of Europe Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.5. Asia-Pacific
7.5.1. Asia-Pacific Electrical Testing Services Revenue and Growth Rate (2017-2027)
7.5.2. Asia-Pacific Electrical Testing Services Revenue by Countries (2017-2027)
7.5.3. Asia-Pacific Electrical Testing Services Revenue (Million USD) by Countries (2017-2027)
7.5.4. China
7.5.4.1. China Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.5. Japan
7.5.5.1. Japan Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.5.2.
7.5.6. Korea
7.5.6.1. Korea Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.7. India
7.5.7.1. India Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.8. Southeast Asia
7.5.8.1. Southeast Asia Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.5.9. Rest of Asia-Pacific
7.5.9.1. Rest of Asia-Pacific Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.6. South America
7.6.1. South America Electrical Testing Services Revenue and Growth Rate (2017-2027)
7.6.2. South America Electrical Testing Services Revenue by Countries (2017-2027)
7.6.3. South America Electrical Testing Services Revenue (Million USD) by Countries (2017-2027)
7.6.4. Brazil
7.6.4.1. Brazil Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.5. Argentina
7.6.5.1. Argentina Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.6. Columbia
7.6.6.1. Columbia Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.6.7. Rest of South America
7.6.7.1. Rest of South America Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.7. Middle East and Africa
7.7.1. Middle East and Africa Electrical Testing Services Revenue and Growth Rate (2017-2027)
7.7.2. Middle East and Africa Electrical Testing Services Revenue by Countries (2017-2027)
7.7.3. Middle East and Africa Electrical Testing Services Revenue (Million USD) by Countries (2017-2027)
7.7.4. Saudi Arabia
7.7.4.1. Saudi Arabia Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.5. United Arab Emirates
7.7.5.1. United Arab Emirates Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.6. Egypt
7.7.6.1. Egypt Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.7. Nigeria
7.7.7.1. Nigeria Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.8. South Africa
7.7.8.1. South Africa Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
7.7.9. Rest of Middle East and Africa
7.7.9.1. Rest of Middle East and Africa Electrical Testing Services Revenue (Millions USD) and Growth Rate (2017-2027)
8. Company Profiles
8.1. ABB Inc.
8.1.1. Business Overview
8.1.2. Product Portfolio
8.1.3. Strategic Developments
8.1.4. Revenue and Market Share
8.2. Voltech Group
8.2.1. Business Overview
8.2.2. Product Portfolio
8.2.3. Strategic Developments
8.2.4. Revenue and Market Share
8.3. Doble Engineering Company
8.3.1. Business Overview
8.3.2. Product Portfolio
8.3.3. Strategic Developments
8.3.4. Revenue and Market Share
8.4. General Electric Company
8.4.1. Business Overview
8.4.2. Product Portfolio
8.4.3. Strategic Developments
8.4.4. Revenue and Market Share
8.5. DNV GL SA
8.5.1. Business Overview
8.5.2. Product Portfolio
8.5.3. Strategic Developments
8.5.4. Revenue and Market Share
8.6. Quanta Services, Inc
8.6.1. Business Overview
8.6.2. Product Portfolio
8.6.3. Strategic Developments
8.6.4. Revenue and Market Share
8.7. Vertiv Co.
8.7.1. Business Overview
8.7.2. Product Portfolio
8.7.3. Strategic Developments
8.7.4. Revenue and Market Share
8.8. Siemens AG
8.8.1. Business Overview
8.8.2. Product Portfolio
8.8.3. Strategic Developments
8.8.4. Revenue and Market Share
8.9. Inel Power System Engineers Pvt. Ltd.
8.9.1. Business Overview
8.9.2. Product Portfolio
8.9.3. Strategic Developments
8.9.4. Revenue and Market Share
8.10. RESA Power, LLC
8.10.1. Business Overview
8.10.2. Product Portfolio
8.10.3. Strategic Developments
8.10.4. Revenue and Market Share
8.11. Hydro Tasmania Group
8.11.1. Business Overview
8.11.2. Product Portfolio
8.11.3. Strategic Developments
8.11.4. Revenue and Market Share
9. Global Electrical Testing Services Market Competition, by Manufacturer
9.1. Global Electrical Testing Services Revenue and Market Share by Manufacturer (2017-2017)
9.2. Global Electrical Testing Services Price by Region (2017-2017)
9.3. Top 5 Electrical Testing Services Manufacturer Market Share
9.4. Market Competition Trend
10. Electrical Testing Services Market Forecast (2027-2023)
10.1. Global Electrical Testing Services Revenue (Millions USD) and Growth Rate (2027-2023)
10.2. Electrical Testing Services Market Forecast by Regions (2027-2023)
10.2.1. North America Electrical Testing Services Market Forecast (2027-2023)
10.2.1.1. United States Electrical Testing Services Market Forecast (2027-2023)
10.2.1.2. Canada Electrical Testing Services Market Forecast (2027-2023)
10.2.1.3. Mexico Electrical Testing Services Market Forecast (2027-2023)
10.2.2. Europe Electrical Testing Services Market Forecast (2027-2023)
10.2.2.1. Germany Electrical Testing Services Market Forecast (2027-2023)
10.2.2.2. United Kingdom Electrical Testing Services Market Forecast (2027-2023)
10.2.2.3. France Electrical Testing Services Market Forecast (2027-2023)
10.2.2.4. Russia Electrical Testing Services Market Forecast (2027-2023)
10.2.2.5. Italy Electrical Testing Services Market Forecast (2027-2023)
10.2.2.6. Rest of the Europe Electrical Testing Services Market Forecast (2027-2023)
10.2.3. Asia-Pacific Electrical Testing Services Market Forecast (2027-2023)
10.2.3.1. China Electrical Testing Services Market Forecast (2027-2023)
10.2.3.2. Japan Electrical Testing Services Market Forecast (2027-2023)
10.2.3.3. Korea Electrical Testing Services Market Forecast (2027-2023)
10.2.3.4. India Electrical Testing Services Market Forecast (2027-2023)
10.2.3.5. Southeast Asia Electrical Testing Services Market Forecast (2027-2023)
10.2.3.6. Rest of Asia-Pacific Electrical Testing Services Market Forecast (2027-2023)
10.2.4. South America Electrical Testing Services Market Forecast (2027-2023)
10.2.4.1. Brazil Electrical Testing Services Market Forecast (2027-2023)
10.2.4.2. Argentina Electrical Testing Services Market Forecast (2027-2023)
10.2.4.3. Columbia Electrical Testing Services Market Forecast (2027-2023)
10.2.4.4. Rest of South America Electrical Testing Services Market Forecast (2027-2023)
10.2.5. Middle East and Africa Electrical Testing Services Market Forecast (2027-2023)
10.2.5.1. Saudi Arabia Electrical Testing Services Market Forecast (2027-2023)
10.2.5.2. UAE Electrical Testing Services Market Forecast (2027-2023)
10.2.5.3. Egypt Electrical Testing Services Market Forecast (2027-2023)
10.2.5.4. Nigeria Electrical Testing Services Market Forecast (2027-2023)
10.2.5.5. South Africa Electrical Testing Services Market Forecast (2027-2023)
10.2.5.6. Rest of MEA Electrical Testing Services Market Forecast (2027-2023)
10.3. Electrical Testing Services Market Forecast by Service Type (2027-2023)
10.3.1. Global Electrical Testing Services Revenue Forecast by Service Type (2027-2023)
10.3.2. Global Electrical Testing Services Revenue Market Share Forecast by Service Type (2027-2023)
10.4. Electrical Testing Services Market Forecast by End User (2027-2023)
10.4.1. Global Electrical Testing Services Revenue Forecast by End User (2027-2023)
10.4.2. Global Electrical Testing Services Revenue Market Share Forecast by End User (2027-2023)
List of Tables
*You can glance through the list of Tables and Figures when you view the sample copy of Electrical Testing Services Market.
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
Data Collection Matrix |
Supply Side |
Demand Side |
Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
Qualitative Data |
Quantitative Data (2017-2025) |
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