The global EMC testing market is expected to grow from US$ 2,116.9 million in 2021 to US$ 3,066.7 million by 2028; it is estimated to grow at a CAGR of 5.4% from 2021 to 2028.
Electromagnetic compatibility (EMC) is the significant potential of a system to evade the effects of electromagnetic interference.The demand for electronic products is increasing in the majority of sectors due to trends such as smart homes, digitization, and connected devices and the Internet of Things (IoT).
Therefore, several industrialists and testing service providers perform EMC tests to validate and verify the compliance of various products toward EMI. The EMC testing market primarily involves EMC testing service providers and EMC test equipment manufacturers. The mandatory EMC testing of medical equipment, standardization of electronic products globally, and increase in the brand proposition of companies are a few of the significant factors driving the growth of the EMC market.Moreover, an immense rise in the reach of smartphones has contributed to the accelerated introduction of new technologies such as 4G, LTE, and 5G; test and measurement equipment such as EMC test equipment help ensure the quality and reliability of these devices.
EMC testing services help guarantee that goods meet regulatory requirements for quality, technical safety, and performance.In general, testing, which is performed in laboratories, allows producers to enhance the marketability of their products while lowering manufacturing costs during the pre-production phase.
Inspection services are available for examining traded items to guarantee that they meet the buyers’ requirements.
Impact of COVID-19 Pandemic on EMC Testing Market
North America has the highest adoption and growth rate of new technologies owing to favorable government policies to boost innovation and strengthen the infrastructure capabilities.Hence, any impact on industries affects the economic growth of the region in a negative manner.
Presently, the US is the world’s worst affected country due to the COVID-19 outbreak. The outbreak is negatively influencing all industries, such as manufacturing and automotive, in the US. It is becoming apparent with the COVID-19 pandemic spreading across the US that few can escape its scope, presenting significant challenges to all industries.However, in North America, the major adoption of the technology is noticed in the manufacturing sector where the same is applied for converting traditional manufacturing processes to smart ones.
Thus, the closure of all manufacturing units across countries such as the US, Canada, and Mexico is expected to hinder the growth of the EMC testing market in the coming years.However, the COVID-19 outbreak influenced the adoption of technology across the healthcare sector to detect COVID-19 among patients.
Thus, in the present situation, rising investment by the healthcare sector in technologies is expected to drive the market during the forecast period.As a result, the sector can cope with the pandemic’s predicament in a relatively short time.
This industry is currently operating at the same rate as it did prior to the outbreak. Thus, the EMC testing market in the region is expected to witness a moderate impact of the pandemic in the coming years.
The overall EMC testing market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.
The process also serves the purpose of obtaining an overview and forecast for the EMC testing market with respect to all the segments.It also provides the overview and forecast for the market based on all the segmentation provided with respect to five major regions—North America, Europe, Asia Pacific, Middle East and Africa, and South America.
Also, primary interviews were conducted with industry participants and commentators to validate data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the EMC testing market.
A few major players operating in the market are AMETEK. Inc., Element Materials Technology, Bureau Veritas, Eurofins Scientific, Intertek Group plc, NTS, ROHDEandSCHWARZ, SGS SA, and TÜV SÜ.
Our reports have been used by over 10K customers, including:
The 3D metrology market is projected to grow from USD 10.6 billion in 2022 and is projected to reach USD 15.9 billion by 2027; it is expected to grow at a CAGR of 8.4 % from 2022 to 2027. The growing use of 3D data for modeling and analysis in various industries, increased research and development (R&D) investments in 3D metrology is expected...
The rotary indexer market is expected to grow from US$ 654.90 million in 2021 to US$ 883.96 million by 2028; it is estimated to grow at a CAGR of 4.4% from 2021 to 2028. A rotary indexer rotates items to a specific position and often used to place objects at exact points around a workspace so that they can be worked on, like a circular...
329 pages •
By Asia Market Information & Development Company
• Mar 2022
China’s demand for Automotive Electronics has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer...
The India EMC immunity testing market was valued US$ 54.01 million in 2020 and is expected to reach US$ 102.37 million by 2028 at a CAGR of 8.6% from 2021 to 2028. Based on offering, the India EMC immunity testing market is segmented as hardware, software, and services.The services segment led the India EMC immunity testing market with...
The Global Metal Magnesium Market was accounted for 956.69 kilotons in 2021 and is expected to grow with a CAGR of 5.80% during the forecast period (2022-2027). The market was negatively impacted by the COVID-19 pandemic in 2020. However, the demand has increased in 2021, due to the rise in consumption from various growing end-user...
The HMA market is projected to grow from USD 9.1 Billion in 2022 to USD 11.4 Billion by 2027, at a CAGR of 4.8% between 2022 and 2027. The opportunities related to increased use of HMA in road marking applications are driving the growth of the market. Packaging solutions application segment is estimated to be the largest segment of...
The industrial burner market is anticipated to grow from an estimated USD 5.9 billion in 2022 to USD 7.9 billion in 2027, at a CAGR of 6.1% during the forecast period. The market has a promising growth potential due to increased deployment of natural gas-based industrial burners, especially in Europe. The rapidly expanding manufacturing sector...
The global silicon metal market stood at 2,827.36 kilo tons in 2021. The market is expected to grow at a CAGR of 5.30% during the forecast period (2022-2027). Silicon metal is used in many businesses. It’s utilised in the chemical industry to make silicon compounds and silicon wafers, which are used in photovoltaic solar cells and...
259 pages •
By Asia Market Information & Development Company
• Apr 2022
China’s demand for Automotive Fluids & Chemicals has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer...
The global automotive pump market is estimated to grow from USD 14.8 billion in 2022 to USD 18.0 billion by 2027, at a CAGR of 4.1%. Major vehicle manufacturers across the globe are focusing on introducing fuel-efficient vehicles to cater to the increased demand from consumers. Moreover, to curb rising pollution, several countries have implemented...
Greenhouse Gas Emissions
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.