EMC Testing Market Scenario  

Growing demand for ensuring effective interoperability of connected devices & networks and increasing number of mobile subscribers and growing mobile data requirements are some of the major factors driving the global EMC testing market globally, Moreover, increasing requirement for carrying out EMC pre-compliance testing of products is also one of the key factor propelling the market growth. However, high costs of EMC testing is one of the major restraint which is expected to hinder the market growth during the forecast period.

EMC Testing Market Segmentation

The EMC testing Market is segmented by Testing Method, Offering, Application and Geography. Various Testing Method of EMC testing are EMC Emissions & Immunity Testing, Electrostatic Discharge Testing, Conducted Emissions & Immunity Testing and Radio Frequency Compatibility Testing. Furthermore, the Offering studied in the report are Hardware & Software (Product Testing and Component Testing) and Services (Testing Services, Inspection Services and Certification Services). Likewise, Various Applications of this market are Automotive, Military and Aerospace, IT and Telecommunications, Consumer Appliances and Electronics, Medical, Industrial, Renewable Energy and Railways. Based on Geography, the EMC testing Market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW.   

EMC Testing Market by Geography

Geographically, the EMC testing market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW. The APAC market generated highest revenue for EMC Shielding closely followed by Americas. The growth of auto-electronics is the key driver for the growth in this market; third-party laboratories and commoditization of third-party EMC labs will also contribute significantly to demand for electromagnetic compatibility (EMC) test equipment.

EMC Testing Market Key Players

Some of the major players operating in the global EMC testing market includes Bureau Veritas, Intertek, SGS Group, TUV Nord Group, TUV SUD, Eurofins Scientific, UL LLC, TUV Rheinland, Dekra Se, NTS, Cetecom- Rwtüv GmbH, Fortive, Keysight Technologies, Rohde & Schwarz, Yokogawa Electric, Ametek CTS, HV Technologies, Thermo Fisher Scientific and MCS Test Equipment. Industrialists are also focusing their R&D to develop innovative extraction processes and are investing in procuring shipping vessels to gain strategic advantage and ensure efficient raw material supply.

EMC Testing Market Report Key Benefits

• The report offers changing market dynamics in the EMC testing market, presenting historical, current and projected market size in terms of value (USD Million)
• The report comprises a detailed analysis of the factors that drive and restrict the growth of the global EMC testing market.
• The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of EMC testing
• It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the EMC testing market performance
• Key players within the global EMC testing market are profiled to understand the competitor scenario.

Research Objectives of EMC Testing Market Report:

• Analysing the outlook of the market with the recent trends and Porter’s five forces analysis.
• Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period.
• Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects.
• Country-level analysis, integrating the demand and supply forces that are influencing the growth of the EMC testing market.
• Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years.
• Comprehensive company profiles, covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players.