The North America Consumer Product Safety Testing Market would witness market growth of 5.4% CAGR during the forecast period (2024-2031).
The US market dominated the North America Consumer Product Safety Testing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $13,099 million by 2031. The Canada market is exhibiting a CAGR of 7.6% during (2024 - 2031). Additionally, The Mexico market would experience a CAGR of 6.7% during (2024 - 2031).
Consumer product safety testing is the systematic process of evaluating and assessing products to ensure they meet established safety standards and regulatory requirements before making them available to consumers. This testing is essential to identify and mitigate potential hazards associated with various consumer products across different industries.
Furthermore, consumer product safety testing encompasses various applications across various industries to ensure products are safe, reliable, and compliant with regulatory standards. Consumer electronics and electrical appliances undergo rigorous safety testing to mitigate risks such as electrical hazards, fire, and electromagnetic interference. Products must meet voltage, current, and insulation resistance requirements to prevent electric shocks or fires. They must also be tested for compatibility with electromagnetic environments to avoid interference with other devices. Battery testing for stability, performance under stress, and resistance to overheating or explosion is also conducted.
Cyberattacks can disrupt operations within Mexico's consumer product safety testing facilities, leading to downtime, loss of productivity, and delays in delivering testing services. Testing laboratories may need to implement robust cybersecurity protocols, incident response plans, and business continuity strategies to mitigate these risks and ensure uninterrupted service for clients. Thus, rising budgets in the aerospace industry and increasing cybersecurity concerns in the region are driving the market's growth.
Free Valuable Insights: The Consumer Product Safety Testing Market is Predict to reach USD 53.1 Billion by 2031, at a CAGR of 6.1%
Based on Sourcing, the market is segmented into In House and Outsource. Based on Offering, the market is segmented into Electronics Testing, Electrical Safety, Connectivity, Energy Efficiency Testing, Electromagnetic Compatibility, and Others. Based on Industry Vertical, the market is segmented into Consumer Electronics, Communications, Semiconductor, Healthcare, Aerospace & Defense, Automotive, Industrial, Food & Beverages, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Bureau Veritas S.A.
- DEKRA SE
- DNV AS
- Intertek Group PLC
- ALS Limited
- Eurofins Scientific SE
- ABS Group
- Element Materials Technology (Temasek Holdings)
- Applied Technical Services, LLC
- NSL Analytical Services, Inc.
North America Consumer Product Safety Testing Market Report Segmentation
By Sourcing
By Offering
- Electronics Testing
- Electrical Safety
- Connectivity
- Energy Efficiency Testing
- Electromagnetic Compatibility
- Others
By Industry Vertical
- Consumer Electronics
- Communications
- Semiconductor
- Healthcare
- Aerospace & Defense
- Automotive
- Industrial
- Food & Beverages
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Consumer Product Safety Testing Market, by Sourcing
1.4.2 North America Consumer Product Safety Testing Market, by Offering
1.4.3 North America Consumer Product Safety Testing Market, by Industry Vertical
1.4.4 North America Consumer Product Safety Testing Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Strategies Deployed in Consumer Product Safety Testing Market
Chapter 5. North America Consumer Product Safety Testing Market by Sourcing
5.1 North America In House Market by Region
5.2 North America Outsource Market by Region
Chapter 6. North America Consumer Product Safety Testing Market by Offering
6.1 North America Electronics Testing Market by Country
6.2 North America Electrical Safety Market by Country
6.3 North America Connectivity Market by Country
6.4 North America Energy Efficiency Testing Market by Country
6.5 North America Electromagnetic Compatibility Market by Country
6.6 North America Others Market by Country
Chapter 7. North America Consumer Product Safety Testing Market by Industry Vertical
7.1 North America Consumer Electronics Market by Country
7.2 North America Communications Market by Country
7.3 North America Semiconductor Market by Country
7.4 North America Healthcare Market by Country
7.5 North America Aerospace & Defense Market by Country
7.6 North America Automotive Market by Country
7.7 North America Industrial Market by Country
7.8 North America Food & Beverages Market by Country
7.9 North America Others Market by Country
Chapter 8. North America Consumer Product Safety Testing Market by Country
8.1 US Consumer Product Safety Testing Market
8.1.1 US Consumer Product Safety Testing Market by Sourcing
8.1.2 US Consumer Product Safety Testing Market by Offering
8.1.3 US Consumer Product Safety Testing Market by Industry Vertical
8.2 Canada Consumer Product Safety Testing Market
8.2.1 Canada Consumer Product Safety Testing Market by Sourcing
8.2.2 Canada Consumer Product Safety Testing Market by Offering
8.2.3 Canada Consumer Product Safety Testing Market by Industry Vertical
8.3 Mexico Consumer Product Safety Testing Market
8.3.1 Mexico Consumer Product Safety Testing Market by Sourcing
8.3.2 Mexico Consumer Product Safety Testing Market by Offering
8.3.3 Mexico Consumer Product Safety Testing Market by Industry Vertical
8.4 Rest of North America Consumer Product Safety Testing Market
8.4.1 Rest of North America Consumer Product Safety Testing Market by Sourcing
8.4.2 Rest of North America Consumer Product Safety Testing Market by Offering
8.4.3 Rest of North America Consumer Product Safety Testing Market by Industry Vertical
Chapter 9. Company Profiles
9.1 Bureau Veritas S.A.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.5.3 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 DEKRA SE
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Product Launches and Product Expansions:
9.2.4.2 Acquisition and Mergers:
9.2.5 SWOT Analysis
9.3 DNV AS
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 SWOT Analysis
9.4 Intertek Group PLC
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 SWOT Analysis
9.5 ALS Limited
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 SWOT Analysis
9.6 Eurofins Scientific SE
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 SWOT Analysis
9.7 ABS Group
9.7.1 Company Overview
9.7.2 SWOT Analysis
9.8 Element Materials Technology (Temasek Holdings)
9.8.1 Company Overview
9.8.2 SWOT Analysis
9.9 Applied Technical Services, LLC
9.9.1 Company Overview
9.9.2 SWOT Analysis
9.10. NSL Analytical Services, Inc.
9.10.1 Company Overview
9.10.2 SWOT Analysis
TABLE 1 North America Consumer Product Safety Testing Market, 2020 - 2023, USD Million
TABLE 2 North America Consumer Product Safety Testing Market, 2024 - 2031, USD Million
TABLE 3 North America Consumer Product Safety Testing Market by Sourcing, 2020 - 2023, USD Million
TABLE 4 North America Consumer Product Safety Testing Market by Sourcing, 2024 - 2031, USD Million
TABLE 5 North America In House Market by Region, 2020 - 2023, USD Million
TABLE 6 North America In House Market by Region, 2024 - 2031, USD Million
TABLE 7 North America Outsource Market by Region, 2020 - 2023, USD Million
TABLE 8 North America Outsource Market by Region, 2024 - 2031, USD Million
TABLE 9 North America Consumer Product Safety Testing Market by Offering, 2020 - 2023, USD Million
TABLE 10 North America Consumer Product Safety Testing Market by Offering, 2024 - 2031, USD Million
TABLE 11 North America Electronics Testing Market by Country, 2020 - 2023, USD Million
TABLE 12 North America Electronics Testing Market by Country, 2024 - 2031, USD Million
TABLE 13 North America Electrical Safety Market by Country, 2020 - 2023, USD Million
TABLE 14 North America Electrical Safety Market by Country, 2024 - 2031, USD Million
TABLE 15 North America Connectivity Market by Country, 2020 - 2023, USD Million
TABLE 16 North America Connectivity Market by Country, 2024 - 2031, USD Million
TABLE 17 North America Energy Efficiency Testing Market by Country, 2020 - 2023, USD Million
TABLE 18 North America Energy Efficiency Testing Market by Country, 2024 - 2031, USD Million
TABLE 19 North America Electromagnetic Compatibility Market by Country, 2020 - 2023, USD Million
TABLE 20 North America Electromagnetic Compatibility Market by Country, 2024 - 2031, USD Million
TABLE 21 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Consumer Product Safety Testing Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 24 North America Consumer Product Safety Testing Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 25 North America Consumer Electronics Market by Country, 2020 - 2023, USD Million
TABLE 26 North America Consumer Electronics Market by Country, 2024 - 2031, USD Million
TABLE 27 North America Communications Market by Country, 2020 - 2023, USD Million
TABLE 28 North America Communications Market by Country, 2024 - 2031, USD Million
TABLE 29 North America Semiconductor Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Semiconductor Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 32 North America Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 33 North America Aerospace & Defense Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Aerospace & Defense Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Automotive Market by Country, 2020 - 2023, USD Million
TABLE 36 North America Automotive Market by Country, 2024 - 2031, USD Million
TABLE 37 North America Industrial Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Industrial Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Food & Beverages Market by Country, 2020 - 2023, USD Million
TABLE 40 North America Food & Beverages Market by Country, 2024 - 2031, USD Million
TABLE 41 North America Others Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Others Market by Country, 2024 - 2031, USD Million
TABLE 43 North America Consumer Product Safety Testing Market by Country, 2020 - 2023, USD Million
TABLE 44 North America Consumer Product Safety Testing Market by Country, 2024 - 2031, USD Million
TABLE 45 US Consumer Product Safety Testing Market, 2020 - 2023, USD Million
TABLE 46 US Consumer Product Safety Testing Market, 2024 - 2031, USD Million
TABLE 47 US Consumer Product Safety Testing Market by Sourcing, 2020 - 2023, USD Million
TABLE 48 US Consumer Product Safety Testing Market by Sourcing, 2024 - 2031, USD Million
TABLE 49 US Consumer Product Safety Testing Market by Offering, 2020 - 2023, USD Million
TABLE 50 US Consumer Product Safety Testing Market by Offering, 2024 - 2031, USD Million
TABLE 51 US Consumer Product Safety Testing Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 52 US Consumer Product Safety Testing Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 53 Canada Consumer Product Safety Testing Market, 2020 - 2023, USD Million
TABLE 54 Canada Consumer Product Safety Testing Market, 2024 - 2031, USD Million
TABLE 55 Canada Consumer Product Safety Testing Market by Sourcing, 2020 - 2023, USD Million
TABLE 56 Canada Consumer Product Safety Testing Market by Sourcing, 2024 - 2031, USD Million
TABLE 57 Canada Consumer Product Safety Testing Market by Offering, 2020 - 2023, USD Million
TABLE 58 Canada Consumer Product Safety Testing Market by Offering, 2024 - 2031, USD Million
TABLE 59 Canada Consumer Product Safety Testing Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 60 Canada Consumer Product Safety Testing Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 61 Mexico Consumer Product Safety Testing Market, 2020 - 2023, USD Million
TABLE 62 Mexico Consumer Product Safety Testing Market, 2024 - 2031, USD Million
TABLE 63 Mexico Consumer Product Safety Testing Market by Sourcing, 2020 - 2023, USD Million
TABLE 64 Mexico Consumer Product Safety Testing Market by Sourcing, 2024 - 2031, USD Million
TABLE 65 Mexico Consumer Product Safety Testing Market by Offering, 2020 - 2023, USD Million
TABLE 66 Mexico Consumer Product Safety Testing Market by Offering, 2024 - 2031, USD Million
TABLE 67 Mexico Consumer Product Safety Testing Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 68 Mexico Consumer Product Safety Testing Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 69 Rest of North America Consumer Product Safety Testing Market, 2020 - 2023, USD Million
TABLE 70 Rest of North America Consumer Product Safety Testing Market, 2024 - 2031, USD Million
TABLE 71 Rest of North America Consumer Product Safety Testing Market by Sourcing, 2020 - 2023, USD Million
TABLE 72 Rest of North America Consumer Product Safety Testing Market by Sourcing, 2024 - 2031, USD Million
TABLE 73 Rest of North America Consumer Product Safety Testing Market by Offering, 2020 - 2023, USD Million
TABLE 74 Rest of North America Consumer Product Safety Testing Market by Offering, 2024 - 2031, USD Million
TABLE 75 Rest of North America Consumer Product Safety Testing Market by Industry Vertical, 2020 - 2023, USD Million
TABLE 76 Rest of North America Consumer Product Safety Testing Market by Industry Vertical, 2024 - 2031, USD Million
TABLE 77 Key Information – Bureau Veritas S.A.
TABLE 78 Key Information – DEKRA SE
TABLE 79 Key Information – DNV AS
TABLE 80 Key Information – Intertek Group PLC
TABLE 81 Key Information – ALS Limited
TABLE 82 Key Information – Eurofins Scientific SE
TABLE 83 Key Information – ABS Group
TABLE 84 Key Information – Element Materials Technology
TABLE 85 Key Information – Applied Technical Services, LLC
TABLE 86 Key Information – NSL Analytical Services, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Consumer Product Safety Testing Market, 2020 - 2023, USD Million
FIG 3 Key Factors Impacting Consumer Product Safety Testing Market
FIG 4 Porter’s Five Forces Analysis – Consumer Product Safety Testing Market
FIG 5 North America Consumer Product Safety Testing Market share by Sourcing, 2023
FIG 6 North America Consumer Product Safety Testing Market share by Sourcing, 2031
FIG 7 North America Consumer Product Safety Testing Market by Sourcing, 2020 - 2031, USD Million
FIG 8 North America Consumer Product Safety Testing Market share by Offering, 2023
FIG 9 North America Consumer Product Safety Testing Market share by Offering, 2031
FIG 10 North America Consumer Product Safety Testing Market by Offering, 2020 - 2031, USD Million
FIG 11 North America Consumer Product Safety Testing Market share by Industry Vertical, 2023
FIG 12 North America Consumer Product Safety Testing Market share by Industry Vertical, 2031
FIG 13 North America Consumer Product Safety Testing Market by Industry Vertical, 2020 - 2031, USD Million
FIG 14 North America Consumer Product Safety Testing Market share by Country, 2023
FIG 15 North America Consumer Product Safety Testing Market share by Country, 2031
FIG 16 North America Consumer Product Safety Testing Market by Country, 2020 - 2031, USD Million
FIG 17 Recent strategies and developments: Bureau Veritas S.A.
FIG 18 Swot Analysis: Bureau Veritas S.A.
FIG 19 Recent strategies and developments: DEKRA SE
FIG 20 Swot Analysis: DEKRA SE
FIG 21 Swot Analysis: DNV AS
FIG 22 Swot Analysis: Intertek Group PLC
FIG 23 Swot Analysis: ALS LIMITED
FIG 24 SWOT Analysis: Eurofins Scientific SE
FIG 25 SWOT Analysis: ABS Group
FIG 26 SWOT Analysis: Element Materials Technology
FIG 27 SWOT Analysis: Applied Technical Services, LLC
FIG 28 SWOT Analysis: NSL Analytical Services, Inc.