South America EMC Testing Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Offering (Hardware and Software, and Services), Service Type (Testing Services, Inspection Services, Certification Services, and Other Services), and End-Use (Consumer Appliances and Electronics, Automotive, Military and Aerospace, IT and Telecommunications, Medical, Industrial, and Others)

Code: TIPRE00026299 | Pages: 111 | Industry: Technology, Media and Telecommunications | Date: Dec 2021
Covid

Market Introduction  

The SAM Electromagnetic Compatibility (EMC) Testing Market is sub segmented into Brazil, Argentina, and the Rest of SAM. The region is characterized by a mixed growth scenario, with many countries having complex political and macroeconomic environments. Governments are striving to bring developments in various industries at a sustainable pace, thereby allowing economies to thrive. At present, several countries in SAM lack the infrastructure and resources required for establishing manufacturing units. Furthermore, the passenger car industry in the region is growing steadily as most countries have been witnessing adverse effects of economic crises and currency fluctuations in the past. With the slow but continuous recovery of the Brazilian market, the overall passenger car industry is also flourishing gradually, and it accounts for a significant share of the market in terms of production, sales, and exports. Low interest rates on vehicle loans are encouraging the sales of passenger cars. A resultant rise in the production of the automotive sector across the region is expected to influence the region. Brazil has a vast electronics manufacturing industry with the presence of manufacturing plants of a few of the largest electronics companies. The country imposes high taxes on imported products such as computers, telecommunications equipment, and appliances. However, foreign electronics that are manufactured in Brazil are levied with lower tax burdens. The country is witnessing a high demand for electronic products due to the rising middle-class population. Further, other manufacturing industries in Brazil include electronics, aerospace, and food & beverages.

Brazil has the largest number of COVID-19 cases, followed by Ecuador, Chile, Peru, and Argentina. In order to combat the spread of the virus, all economic activities across the region were halted. The closure of manufacturing activities across major countries in SAM, such as Brazil and Argentina, affected the adoption of any new technology. The recession in the manufacturing sector has influenced government bodies to take necessary steps in order to boost the sector across the country. Though the electromagnetic compatibility (EMC) testing market is adversely affected due to the COVID-19 outbreak, the government initiatives to attract investors in the manufacturing sector are expected to influence the adoption of the technology across various industries in the region.                         


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Market Overview and Dynamics

The EMC testing market in SAM is expected to grow from US$ 67.75 million in 2021 to US$ 100.82 million by 2028; it is estimated to grow at a CAGR of 5.8% from 2021 to 2028. SAM countries are attracting huge FDIs in the manufacturing sector with the availability of cheap labor, low entry barriers, and low-interest rates. A few of these countries have relaxed FDI regulations. For example, Argentina is attracting high FDIs by easing import restrictions and signing international bilateral agreements; it is also bringing relaxations in restrictions on foreign investments for the same purpose. Thus, a continuously growing manufacturing sector across the countries in SAM is magnifying the demand for EMC testing across the region.     

Key Market Segments

SAM EMC testing market is segmented into offering, service type, end-use, and country. Based on offering, SAM EMC testing market is segmented into hardware and software and services. The hardware and software segment held the largest market share of the SAM EMC testing market in 2020. Based on service type, the SAM EMC testing market is segmented into testing services, inspection services, certification services, and other services. Testing services segment held the largest market share in 2020. Further, on the basis of end-use, the SAM EMC testing market is segmented into consumer appliances and electronics, automotive, military and aerospace, IT and telecommunications, military & aerospace, industrial, and others. Consumer appliances and electronics segment held the largest market share in 2020. Based on country, the SAM EMC testing market is segmented into Brazil Argentina, and Rest of SAM. Brazil held the largest market share in 2020.             

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the EMC testing market in SAM are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are AMETEK, Inc.; Bureau Veritas; Intertek Group plc; SGS SA; TÜV SÜ; and UL, LLC.          

Reasons to buy report

  • To understand the SAM EMC testing market landscape and identify market segments that are most likely to guarantee a strong return.
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM EMC testing market.
  • Efficiently plan M&A and partnership deals in SAM EMC testing market by identifying market segments with the most promising probable sales.
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM EMC testing market.
  • Obtain market revenue forecast for market by various segments from 2021-2028 in SAM region.

SAM EMC Testing Market Segmentation

SAM EMC Testing Market - By Offering

  • Hardware and Software
  • Services

SAM EMC Testing Market - By Service Type

  • Testing Services
  • Inspection Services
  • Certification Services
  • Other Services

SAM EMC Testing Market - By End-Use

  • Consumer Appliances and Electronics
  • Automotive
  • Military and Aerospace
  • IT and Telecommunications
  • Medical
  • Industrial
  • Others

SAM EMC Testing Market - By Country

  • Brazil
  • Argentina
  • Rest of SAM

SAM EMC Testing Market - Company Profiles

  • AMETEK, Inc.
  • Bureau Veritas
  • Intertek Group plc
  • SGS SA
  • TÜV SÜ
  • UL, LLC

TABLE OF CONTENTS

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        SAM Electromagnetic Compatibility (EMC) Testing Market – By Offering

1.3.2        SAM Electromagnetic Compatibility (EMC) Testing Market – By Service Type

1.3.3        SAM Electromagnetic Compatibility (EMC) Testing Market – By End-Use

1.3.4        SAM 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.           SAM Electromagnetic Compatibility (EMC) Testing Market Landscape

4.1         Market Overview

4.2         SAM PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           SAM Electromagnetic Compatibility (EMC) Testing Market – Key Market Dynamics

5.1         Key Market Drivers

5.1.1        Demand for Certification Services Is Growing

5.1.2        Consumer Electronics Segment Getting Highly Popular

5.2         Key Market Restraints

5.2.1        Huge Cost of Test Equipment

5.3         Key Market Opportunities

5.3.1        Significant Adoption of Electric Vehicles

5.4         Future Trends

5.4.1        5G Infrastructure Getting Superior

5.5         Impact Analysis of Drivers and Restraints

6.           Electromagnetic Compatibility (EMC) Testing Market SAM Analysis

6.1         SAM Electromagnetic Compatibility (EMC) Testing Market Overview

6.2         SAM Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)

7.           SAM Electromagnetic Compatibility (EMC) Testing Market Analysis – By Offering

7.1         Overview

7.2         SAM 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.           SAM Electromagnetic Compatibility (EMC) Testing Market Analysis – By Service Type

8.1         Overview

8.2         SAM 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.           SAM Electromagnetic Compatibility (EMC) Testing Market Analysis – By End-Use

9.1         Overview

9.2         SAM 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.        SAM Electromagnetic Compatibility (EMC) Testing Market –Country Analysis

10.1      Overview

10.1.1     SAM: Electromagnetic Compatibility (EMC) Testing Market, by Key Country

10.1.1.1       Brazil: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1       Brazil: Electromagnetic Compatibility (EMC) Testing Market, by Offering

10.1.1.1.2       Brazil: Electromagnetic Compatibility (EMC) Testing Market, by Service Type

10.1.1.1.3       Brazil: Electromagnetic Compatibility (EMC) Testing Market, by End-Use

10.1.1.2       Argentina: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1       Argentina: Electromagnetic Compatibility (EMC) Testing Market, by Offering

10.1.1.2.2       Argentina: Electromagnetic Compatibility (EMC) Testing Market, by Service Type

10.1.1.2.3       Argentina: Electromagnetic Compatibility (EMC) Testing Market, by End-Use

10.1.1.3       Rest of SAM: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1       Rest of SAM: Electromagnetic Compatibility (EMC) Testing Market, by Offering

10.1.1.3.2       Rest of SAM: Electromagnetic Compatibility (EMC) Testing Market, by Service Type

10.1.1.3.3       Rest of SAM: Electromagnetic Compatibility (EMC) Testing Market, by End-Use

11.        Impact of COVID-19 Pandemic on SAM Electromagnetic Compatibility (EMC) Testing Market

11.1      SAM 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      BUREAU VERITAS

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      INTERTEK GROUP PLC

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      SGS SA

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      TÜV SÜD

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      UL, LLC

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

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index

 


LIST OF TABLES

Table 1.             SAM Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.             SAM Electromagnetic Compatibility (EMC) Testing Market, by Country – Revenue and Forecast to 2028 (USD Million)

Table 3.             Brazil: Electromagnetic Compatibility (EMC) Testing Market, by Offering – Revenue and Forecast to 2028 (US$ Million)

Table 4.             Brazil: Electromagnetic Compatibility (EMC) Testing Market, by Service Type – Revenue and Forecast to 2028 (US$ Million)

Table 5.             Brazil: Electromagnetic Compatibility (EMC) Testing Market, by End-Use – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Argentina: Electromagnetic Compatibility (EMC) Testing Market, by Offering – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Argentina: Electromagnetic Compatibility (EMC) Testing Market, by Service Type – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Argentina: Electromagnetic Compatibility (EMC) Testing Market, by End-Use – Revenue and Forecast to 2028 (US$ Million)

Table 9.             Rest of SAM: Electromagnetic Compatibility (EMC) Testing Market, by Offering – Revenue and Forecast to 2028 (US$ Million)

Table 10.          Rest of SAM: Electromagnetic Compatibility (EMC) Testing Market, by Service Type – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Rest of SAM: 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.           SAM Electromagnetic Compatibility (EMC) Testing Market Segmentation

Figure 2.           SAM Electromagnetic Compatibility (EMC) Testing Market Segmentation – By Country

Figure 3.           SAM 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.           Rest of SAM to Show Great Traction During Forecast Period

Figure 8.           South America – Pest Analysis

Figure 9.           Expert Opinion

Figure 10.        SAM Electromagnetic Compatibility (EMC) Testing Market: Impact Analysis of Drivers and Restraints

Figure 11.        SAM Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.        SAM Electromagnetic Compatibility (EMC) Testing Market Revenue Share, by Offering (2020 and 2028)

Figure 13.        SAM Hardware and Software: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        SAM Services: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        SAM Electromagnetic Compatibility (EMC) Testing Market Revenue Share, by Service Type (2020 and 2028)

Figure 16.        SAM Testing Services: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        SAM Inspection Services: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        SAM Certification Services: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        SAM Other Services: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        SAM Electromagnetic Compatibility (EMC) Testing Market Breakdown, by End-Use (2020 and 2028)

Figure 21.        SAM Consumer Appliances and Electronics Market Revenue and Forecast to 2028(US$ Million)

Figure 22.        SAM Automotive Market Revenue and Forecast to 2028(US$ Million)

Figure 23.        SAM Military and Aerospace Market Revenue and Forecast to 2028(US$ Million)

Figure 24.        SAM IT and Telecommunications Market Revenue and Forecast to 2028(US$ Million)

Figure 25.        SAM Medical Market Revenue and Forecast to 2028(US$ Million)

Figure 26.        SAM Industrial Market Revenue and Forecast to 2028(US$ Million)

Figure 27.        SAM Others Market Revenue and Forecast to 2028(US$ Million)

Figure 28.        SAM: Electromagnetic Compatibility (EMC) Testing Market, by Key Country– Revenue (2020) (US$ Million)

Figure 29.        SAM: Electromagnetic Compatibility (EMC) Testing Market Revenue Share, by Key Country (2020 and 2028)

Figure 30.        Brazil: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Argentina: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32.        Rest of SAM: Electromagnetic Compatibility (EMC) Testing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33.        Impact of COVID-19 Pandemic in SAM Country Markets

  1. AMETEK, Inc.
  2. Bureau Veritas
  3. Intertek Group plc
  4. SGS SA
  5. TÜV SÜ
  6. UL, LLC 
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM EMC testing market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the SAM EMC testing market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the EMC testing market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
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