The EMC testing market in North America is expected to grow from US$ 530.27 million in 2021 to US$ 714.55 million by 2028; it is estimated to grow at a CAGR of 4.4% from 2021 to 2028.
The US, Canada, and Mexico are major economies in North America. Rising need of certification services is the major factor driving the growth of the North America EMC testing market. All electrical and electronic devices generate some form of unwanted interference/radiation that is unavoidable. As these gadgets are increasingly being used in proximity to one another, they should function normally without interfering with or being hampered by other devices. Thus, EMC is a critical feature of electrical and electronic devices. They should, however, release limited radiations and be impervious to a particular degree of electromagnetic radiation to ensure proper functioning. As different electronic devices play pivotal roles in of business environment, the compliance demands pertaining to EMC and electromagnetic immunity (EMI) testing are becoming highly challenging with the introduction of new business rules. The ability of the EMC testing chamber(s) to be certified ensures that the items will be precisely measured for EMC approval. Certification services are expected to increase at a rapid pace during the forecast period. These services ensure the functionality and safety of products. They entail aspects such as safety and health, quality, environment, social responsibility, and customized audits. Businesses can buy certification services to bind to present processes to improve their business performance. Thus, a surge in demand for certification services if bolstering the North America EMC testing market growth.North America has the highest adoption and growth rate of new technologies owing to favorable government policies to boost innovation and strengthen the infrastructure capabilities. Hence, any impact on industries is expected to affect the economic growth of the region in a negative manner. Presently, the US is the world’s worst affected country due to COVID-19 outbreak thereby influencing the sudden stands still across all industries such as manufacturing and automotive amongst others. It is becoming apparent with the COVID-19 pandemic spreading across the United States that few can escape its scope, presenting significant challenges to all industries. However, the major adoption of the technology across the region is noticed in the manufacturing sector where the same is applied for converting tradition manufacturing processes into smart ones. Thus, the closure of all manufacturing units across countries like United States, Canada and Mexico is expected to impact the growth of EMC Testing Market negatively. However, the outbreak of the virus has influenced the adoption of the technology across the healthcare sector to detect covid-19 among patients. Thus, rising investment by the healthcare sector in technologies in the present situation is expected to impact the market positively. As a result, the sector was able to cope with the pandemic's predicament in a relatively short time. This industry is currently operating at the same rate as it did prior to the outbreak of the pandemic. Thus, the region is expected to have an overall moderate impact in The EMC testing market owing to the pandemic over the years.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America EMC testing market. The North America EMC testing market is expected to grow at a good CAGR during the forecast period.
North America EMC TestingMarket Revenue and Forecast to 2028 (US$ Million)
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- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
North America EMC Testing Market Segmentation
North America EMC Testing Market – By Offering
- Hardware and Software
- Services
North America EMC Testing Market – By Service Type
- Testing Services
- Inspection Services
- Certification Services
- Other Services
North America EMC Testing Market – By End-Use
- Consumer Appliances and Electronics
- Automotive
- Military and Aerospace
- IT and Telecommunications
- Medical
- Industrial
- Others
North America EMC Testing Market, by Country
- US
- Canada
- Mexico
North America EMC Testing Market - Companies Mentioned
- AMETEK, Inc.
- Bureau Veritas
- Element Materials Technology
- Eurofins Scientific
- Intertek Group plc
- NTS
- SGS SA
- TÜV SÜ
- UL, LLC
North America EMC Testing Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 530.27 Million |
Market Size by 2028 | US$ 714.55 Million |
Global CAGR (2021 - 2028) | 4.4% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Offering
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
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- AMETEK, Inc.
- Bureau Veritas
- Element Materials Technology
- Eurofins Scientific
- Intertek Group plc
- NTS
- SGS SA
- TÜV SÜ
- UL, LLC