The electrical compliance and certification market is a segment of the broader regulatory compliance and certification market, which includes a range of industries such as food and beverage, healthcare, and environmental compliance. The electrical compliance and certification market specifically focuses on ensuring that electrical equipment and systems comply with safety regulations and standards.
The global electrical compliance and certification market is expected to grow significantly in the coming years, driven by factors such as increasing awareness about electrical safety, the growing demand for energy-efficient products, and the increasing adoption of renewable energy sources. Additionally, government regulations and standards such as the National Electrical Code (NEC) in the United States and the International Electrotechnical Commission (IEC) standards are expected to drive demand for compliance and certification services.
Why Growth is increasing for electrical compliance and certification Market?
“Increasing Awareness of Safety and Compliance Among Consumers and Businesses”
Consumers and businesses are placing greater emphasis on products that have been tested and certified for compliance with relevant standards. This trend is driven by a number of factors, including increased regulations and consumer awareness, as well as a greater recognition of the role that compliance plays in reducing liability for businesses.
Also, the globalization of trade and commerce has made it increasingly important for businesses to be able to demonstrate that their products are compliant with a wide range of regulations and standards. As a result, the demand for certified products and services has increased, and the market for electrical compliance and certification testing and certification has grown rapidly. This has spurred innovation in the area of electrical safety and compliance testing and certification, as companies seek to provide the highest level of safety and compliance for their products and customers.
- In July 2022, Société Générale de Surveillance (SGS) announces the expansion of the first visual certification service with the China National Institute. This innovation helps certification services in widely evaluating the level of person will experience when using a display screen by combining objective testing with subjective experience.
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