North America EMC Testing Market to Grow at a CAGR of 4.4% to reach US$ 714.55 million from 2021 to 2028
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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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
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.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Electromagnetic Compatibility (EMC) Testing Market – By Offering
1.3.2 North America Electromagnetic Compatibility (EMC) Testing Market – By Service Type
1.3.3 North America Electromagnetic Compatibility (EMC) Testing Market – By End-Use
1.3.4 North America Electromagnetic Compatibility (EMC) Testing Market- By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Electromagnetic Compatibility (EMC) Testing Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Electromagnetic Compatibility (EMC) Testing Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Rising Need for Certification Services
5.1.2 Growing Demand for Consumer Electronics
5.2 Key Market Restraints
5.2.1 Test Equipment Being Costly
5.3 Key Market Opportunities
5.3.1 High Adoption of Electric Vehicles
5.4 Future Trends
5.4.1 5G Infrastructure Getting Advanced
5.5 Impact Analysis of Drivers and Restraints
6. Electromagnetic Compatibility (EMC) Testing Market North America Analysis
6.1 North America Electromagnetic Compatibility (EMC) Testing Market Overview
6.2 North America Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
7. North America Electromagnetic Compatibility (EMC) Testing Market Analysis – By Offering
7.1 Overview
7.2 North America Electromagnetic Compatibility (EMC) Testing Market, By Offering (2020 and 2028)
7.3 Hardware and Software
7.3.1 Overview
7.3.2 Hardware and Software: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Services
7.4.1 Overview
7.4.2 Services: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Electromagnetic Compatibility (EMC) Testing Market Analysis – By Service Type
8.1 Overview
8.2 North America Electromagnetic Compatibility (EMC) Testing Market, By Service Type (2020 and 2028)
8.3 Testing Services
8.3.1 Overview
8.3.2 Testing Services: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Inspection Services
8.4.1 Overview
8.4.2 Inspection Services: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Certification Services
8.5.1 Overview
8.5.2 Certification Services: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Other Services
8.6.1 Overview
8.6.2 Other Services: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Electromagnetic Compatibility (EMC) Testing Market Analysis – By End-Use
9.1 Overview
9.2 North America Electromagnetic Compatibility (EMC) Testing Market Breakdown, by End-Use, 2020 & 2028
9.3 Consumer Appliances and Electronics
9.3.1 Overview
9.3.2 Consumer Appliances and Electronics Market Revenue and Forecast to 2028 (US$ Million)
9.4 Automotive
9.4.1 Overview
9.4.2 Automotive Market Revenue and Forecast to 2028 (US$ Million)
9.5 Military and Aerospace
9.5.1 Overview
9.5.2 Military and Aerospace Market Revenue and Forecast to 2028 (US$ Million)
9.6 IT and Telecommunications
9.6.1 Overview
9.6.2 IT and Telecommunications Market Revenue and Forecast to 2028 (US$ Million)
9.7 Medical
9.7.1 Overview
9.7.2 Medical Market Revenue and Forecast to 2028 (US$ Million)
9.8 Industrial
9.8.1 Overview
9.8.2 Industrial Market Revenue and Forecast to 2028 (US$ Million)
9.9 Others
9.9.1 Overview
9.9.2 Others Market Revenue and Forecast to 2028 (US$ Million)
10. North America Electromagnetic Compatibility (EMC) Testing Market –Country Analysis
10.1 Overview
10.1.1 North America: Electromagnetic Compatibility (EMC) Testing Market, by Key Country
10.1.1.1 US: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Electromagnetic Compatibility (EMC) Testing Market, by Offering
10.1.1.1.2 US: Electromagnetic Compatibility (EMC) Testing Market, by Service Type
10.1.1.1.3 US: Electromagnetic Compatibility (EMC) Testing Market, by End-Use
10.1.1.2 Canada: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Electromagnetic Compatibility (EMC) Testing Market, by Offering
10.1.1.2.2 Canada: Electromagnetic Compatibility (EMC) Testing Market, by Service Type
10.1.1.2.3 Canada: Electromagnetic Compatibility (EMC) Testing Market, by End-Use
10.1.1.3 Mexico: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Electromagnetic Compatibility (EMC) Testing Market, by Offering
10.1.1.3.2 Mexico: Electromagnetic Compatibility (EMC) Testing Market, by Service Type
10.1.1.3.3 Mexico: Electromagnetic Compatibility (EMC) Testing Market, by End-Use
11. Impact of COVID-19 Pandemic on North America Electromagnetic Compatibility (EMC) Testing Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 MARKET SHARE/RANKING ANALYSIS
12.5 LIST OF TARGET PLAYERS (INORGANIC GROWTH STRATEGIES)
12.6 EMC TESTING BUSINESS MODEL ANALYSIS (Trends, Players, Market Penetration, Average Cost Analysis)
12.6.1 Pre-Compliance Test
12.6.2 Lab Test
12.6.3 Third-Party Testing
13. Company Profiles
13.1 AMETEK Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Element Materials Technology
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 BUREAU VERITAS
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Eurofins Scientific
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 INTERTEK GROUP PLC
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 NTS
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 SGS SA
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 TÜV SÜD
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 UL, LLC
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. North America Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Electromagnetic Compatibility (EMC) Testing Market, by Country – Revenue and Forecast to 2028 (USD Million)
Table 3. US: Electromagnetic Compatibility (EMC) Testing Market, by Offering –Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Electromagnetic Compatibility (EMC) Testing Market, by Service Type –Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Electromagnetic Compatibility (EMC) Testing Market, by End-Use –Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Electromagnetic Compatibility (EMC) Testing Market, by Offering – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Electromagnetic Compatibility (EMC) Testing Market, by Service Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Electromagnetic Compatibility (EMC) Testing Market, by End-Use – Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Electromagnetic Compatibility (EMC) Testing Market, by Offering – Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Electromagnetic Compatibility (EMC) Testing Market, by Service Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Electromagnetic Compatibility (EMC) Testing Market, by End-Use – Revenue and Forecast to 2028 (US$ Million)
Table 12. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Electromagnetic Compatibility (EMC) Testing Market Segmentation
Figure 2. North America Electromagnetic Compatibility (EMC) Testing Market Segmentation – By Country
Figure 3. North America Electromagnetic Compatibility (EMC) Testing Market Overview
Figure 4. Hardware and Software Segment Held the Largest Market Share Based on Offering
Figure 5. Testing Services Segment Held the Largest Market Share Based on Service Type
Figure 6. Consumer Appliances and Electronics Segment Held the Largest Market Share Based on End-Use
Figure 7. Canada to Show Great Traction During Forecast Period
Figure 8. North America – Pest Analysis
Figure 9. Expert Opinion
Figure 10. North America Electromagnetic Compatibility (EMC) Testing Market: Impact Analysis of Drivers and Restraints
Figure 11. North America Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Electromagnetic Compatibility (EMC) Testing Market Revenue Share, by Offering (2020 and 2028)
Figure 13. North America Hardware and Software: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Services: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Electromagnetic Compatibility (EMC) Testing Market Revenue Share, by Service Type (2020 and 2028)
Figure 16. North America Testing Services: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Inspection Services: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Certification Services: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Other Services: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Electromagnetic Compatibility (EMC) Testing Market Breakdown, by End-Use (2020 and 2028)
Figure 21. North America Consumer Appliances and Electronics Market Revenue and Forecast to 2028(US$ Million)
Figure 22. North America Automotive Market Revenue and Forecast to 2028(US$ Million)
Figure 23. North America Military and Aerospace Market Revenue and Forecast to 2028(US$ Million)
Figure 24. North America IT and Telecommunications Market Revenue and Forecast to 2028(US$ Million)
Figure 25. North America Medical Market Revenue and Forecast to 2028(US$ Million)
Figure 26. North America Industrial Market Revenue and Forecast to 2028(US$ Million)
Figure 27. North America Others Market Revenue and Forecast to 2028(US$ Million)
Figure 28. North America: Electromagnetic Compatibility (EMC) Testing Market, by Key Country – Revenue (2020) (US$ Million)
Figure 29. North America: Electromagnetic Compatibility (EMC) Testing Market Revenue Share, by Key Country (2020 and 2028)
Figure 30. US: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Canada: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Mexico: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Impact of COVID-19 Pandemic in North American Country Markets
- AMETEK, Inc.
- Bureau Veritas
- Element Materials Technology
- Eurofins Scientific
- Intertek Group plc
- NTS
- SGS SA
- TÜV SÜ
- UL, LLC
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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