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EMC Testing Market to enhance user interface is expected to boost growth of the market

10-24-2024 07:03 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Premium Market Insights

The EMC Testing Market is expected to grow from US$ 2.55 billion in 2022 to US$ 3.99 billion by 2030. The EMC testing market is estimated to register a CAGR of 5.8% during 2022-2030.

Governments around the world are introducing stringent EMC regulations to protect consumers and businesses from the harmful effects of electromagnetic interference. These regulations require electronic devices and systems to undergo EMC testing before being placed on the market or sold. The Information Technology Industry Council (ITI) has published the 2021 Global Benchmark Report, ITE, EMC Regulations and their impact on the Ease of Doing Business to assess the impact of international electromagnetic compatibility (EMC) regulatory practices that affect information technology equipment (ITE).

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Analysis of the Top Market Players:

1. Ametek Inc
2. Element Materials Technology Group Ltd
3. Bureau Veritas Sa
4. Eurofins Scientific Se
5. Intertek Group Plc
6. Rohde & Schwarz Gmbh & Co Kg
7. SGS SA
8. TUV SUD AG
9. UL, LLC
10. NTS

In this report, the market has been segmented on the basis of:

Offering (Hardware & Software, and Services)
Service Type (Testing Services, Inspection Services, Certification Services, and Others)
End-use (Consumer Appliances and Electronics, Automotive, IT and Telecommunications, and Others)

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The report focuses on programs worldwide that address non-wireless, non-telecom regulatory requirements for EMC. The report recommended positive steps for governments to identify, prevent, and reduce impediments to trade, manufacturing, and supply chain operations. With inspiration from the world bank's annual doing business report, ITI has ranked at 15 countries and the European Union (EU), Eurasian Economic Union (EAEU), and the Gulf Cooperation Council (GCC) according to how their EMC regulations for ITE impact the ability to do Business for manufacturers seeking to import and sell their products in these markets. The World Trade Organization (WTO) Technical Barriers to Trade (TBT) agreement has been an essential tool to raise awareness and address barriers to trade resulting from technical regulations aimed at ensuring ITE electromagnetic compatibility. The TBT agreement provides an appropriate baseline framework for good regulatory practices. Thus, stringent regulations from various authorities drive the growth of the EMC testing market.

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