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EMC Testing Market Report 2024-2033: Analysis, Size, Share, Growth, Trends, Forecast, Outlook, Mergers and Acquisitions
EMC Testing Market
The emc testing market size is expected to see strong growth in the next few years. It will grow to $3.25 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to globalization of electronics manufacturing, proliferation of iot devices, increasing complexity of medical devices, rapid growth in electric vehicles, expansion of renewable energy technologies, rise in telecommuting technologies. Major trends in the forecast period include technological advancements in electronics, integration of ai and machine learning, advancements in aerospace technologies, green emc testing practices.
Market Overview -
EMC (electromagnetic compatibility) testing refers to evaluating the ability of electronic devices or systems to operate without interfering with or being affected by electromagnetic emissions. This test is meant to provide a reasonable assurance that the device will function as intended when utilized in the environment it is anticipated to use.
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Growing Adoption Of Electric Vehicles Boosts Demand For Emc Testing Market
Rising demand for electrical vehicles is expected to propel the growth of the EMC testing market going forward. An electric vehicle is described as a vehicle that has an electric motor capable of drawing power from a battery and has an external source for charging. In electrical vehicles, EMC testing measures the radio frequency (RF) emissions produced by the car's electrical systems. It assesses their susceptibility to RF impulses inside and outside the vehicle. For instance, in September 2022, according to the International Energy Agency, a France-based autonomous intergovernmental organization, electric car sales set a new high in 2021, climbing by 4%. Sales nearly double to 6.6 million compared to 2020, increasing the total number of electric vehicles on the road to 16.5 million. Therefore, the rising demand for electrical vehicles is driving the growth of the EMC testing market.
Competitive Landscape -
Major companies operating in the emc testing market report are UL LLC, Eurofins Scientific SE, Anritsu Corporation, SGS SA, Agilent Technologies Inc., Bureau Veritas SA, Ametek Inc., Keysight Technologies Inc., Intertek Group PLC, DEKRA Group, Rohde & Schwarz GmbH & Co. KG, TÜV Rheinland Group, Element Materials Technology Group Limited, ESCO Technologies Inc., Nemko Group AS, National Technical Systems Inc., Good Will Instrument Co. Ltd., Elite Electronic Engineering Inc., Frankonia Group, MiCom Labs Inc, F2 Labs, GAUSS INSTRUMENTS International GmbH, Washington Laboratories Ltd, NCEE Labs, G&M Compliance Inc., AR Inc., Com-Power Corporation, E-Labs Inc., QAI Laboratories
Technological Innovation Drives Advancements In Emc Testing Market
Technological advancement is a key trend gaining popularity in the EMC testing market. Major companies operating in the EMC testing market are focused on innovating new technological solutions and devices to sustain their position in the market. For instance, in June 2022, Gauss Instruments, a Germany-based manufacturer of EMC test equipment, launched the TDEMI S Series, a new real-time spectrum and signal analyzer for EMC testing. The TDEMI S Series can be upgraded to operate in the terahertz frequency range using external mixers. It is a fantastic tool for applications requiring field or onboard testing due to its small size and 12-volt output. These spectrum analyzers and receivers have been designed to use little power while performing at the highest level possible. Signal recording and analysis are now feasible in entirely new ways thanks to the new HyperOverlapping technology. The maximum measurement accuracy is attained by high-resolution ADCs, which employ a patented method to correct for nonlinear effects.
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Key Segments -
The emc testing market covered in this report is segmented -
1) By Offering Type: Hardware, Software
2) By Services Type: Testing Services, Inspection Services, Certification Services, Other Services
3) By End-Use: Consumer Appliances And Electronics, Automotive, Military And Aerospace, IT And Telecommunications, Medical, Industrial, Renewable Energy, Railways
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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