Asia Pacific EMC Testing Market is Rapidly Growing with Huge Application, Scope & Opportunities by 2021-2028 | NTS, SGS SA, TÜV SÜ

The EMC testing market in APAC is expected to grow from US$ 945.81 million in 2021 to US$ 1,441.05 million by 2028; it is estimated to grow at a CAGR of 6.2% from 2021 to 2028.

The EMC testing market in APAC is sub segmented into China, India, Japan, Australia, South Korea, and the Rest of APAC. Vast industrialization, favorable economic policies, low labor cost, positive economic development, and increasing foreign direct investments (FDIs) and foreign institutional investments (FIIs), among others, contribute to the growth of the APAC EMC Testing Market.

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Battery-powered electric vehicles (BEVs), hybrid electric vehicles (HEVs), and plug-in hybrid electric vehicles (PHEVs) are the three primary forms of electric vehicles (EVs). China and Japan are among the most important markets for EVs, with strong sales performance. Electric two-wheelers, three-wheelers, and buses are gaining significant traction owing to rising environmental concerns and government support.

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Major Key players covered in this report:

• SGS SA
• AMETEK, Inc.
• Bureau Veritas
• Element Materials Technology
• Eurofins Scientific
• Intertek Group plc
• NTS
• SGS SA
• TÜV SÜ
• UL, LLC

ASIA PACIFIC EMC TESTING MARKET SEGMENTATION

Asia Pacific EMC Testing Market, by Offering

• Hardware and Software
• Services

Asia Pacific EMC Testing Market, by Service Type

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

Asia Pacific EMC Testing Market, by End-Use

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

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Because of many cases in China, the APAC region is greatly affected by COVID-19. China is the most important manufacturer and industrial producer because it trades more manufacturing products than any other country globally; it is also a world leader in many types of goods. According to the Organization for Economic Co-operation and Development (OECD), the pandemic has also affected other major economies outside China, such as South Korea, India, Australia, and Japan, and the market is experiencing downward inflation.

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This release was published on openPR.