EMC Testing Market Outlook – 2027
The global EMC testing market share is experiencing a significant growth and is expected to grow considerably in the next few years. The full form of EMC is electromagnetic compatibility is the interaction of electrical and electronic devices with its electromagnetic condition and with other hardware. Every single electronic device is capable to emit electromagnetic fields. With expansion of electronic gadgets into regular day to day existence such as cell phones, TVs, traffic signals, clothes washers, electronic starts, and ATMs.
The global EMC Testing market is segmented on the basis of type, service type, industry vertical and region. Based on type, the market is divided into hardware and software & services. In terms of service type, the market is categorized into testing services, certification services, inspection services, and other services.
In terms of industry vertical, the market is segregated into renewable energy, consumer appliances & electronics, military & aerospace, automotive, IT & telecommunications, medical, industrial, and railways. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global EMC Testing industry include Element Materials Technology, AMETEK. Inc., SGS SA, TUV SUD, Bureau Veritas, Eurofins Scientific, Intertek Group plc, NTS, ROHDE & SCHWARZ, UL LLC. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in this market.
COVID-19 Scenario Analysis
- The global EMC testing market has been significantly impacted by the COVID-19 outbreak. Due to ongoing worldwide lockdown, the market is estimated to observe a sluggish growth.
- The impact of COVID-19 on this market is temporary as just the production and supply chain is stalled. Once the situation improves, production, supply chains, and demand are gradually going to increase.
- Trade barriers further constrain the demand and supply outlook. As governments of different areas have already announced total lockdown and temporarily shutdown of industries, overall production process is adversely affected. Therefore, hamper the overall market share globally.
Top Impacting Factors
Development in requirement for security, such as compulsory EMC testing of clinical hardware, normalization of electronic items widely, and rise in brand proposition of organizations are some important factors that drive development of the EMC market growth. Moreover, selection of cell phones has prompted presentation of new advancements such as LTE, 5G and 4G technologies and these evolving technologies and networks require test and estimation gear, for instance, EMC test hardware to guarantee quality and dependability, which is relied upon to support development of the EMC testing market growth.
Certification Services Surge the Market
Certification services are expected to grow at a high rate during the forecast period. Certification services guarantee performance attributes and product safety. Generally, certification services include certification services with respect to safety & health, quality, environment, social responsibility, and customized audit. These certification services empower clients to bind to current processes aimed at refining their business performance. All these factors are expected to significantly affect the EMC testing globally.
Consumer Appliances & Electronics Application to Drive the Market
The consumer applications and electronics segment is expected to grow at the highest CAGR during the forecast period. EMC necessities for consumer appliances are a cross-reference to radiofrequency requirements with embedded wireless functionality. In addition, testing service providers offer testing services for wireless technologies such as cellular Wi-Fi, near-field communications (NFC), and Bluetooth. Moreover, any electronic device is an interconnection of different systems and components, thus, the performance of the device mainly relies on these components.
Key Benefits of the Report
- This study presents the analytical depiction of the global EMC testing industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed global EMC testing market analysis.
- The EMC testing market trends are quantitatively analyzed to highlight the global EMC testing market forecast scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed analysis based on competitive intensity and how the competition will take shape in the coming years.
Questions answered in the EMC Testing Market Research Report
- Who are the leading market players active in the market?
- What would be the detailed impact of COVID-19 on the EMC testing market Size?
- What current trends would influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
EMC Testing Market Report Highlights
| Aspects | Details |
 By Offering |
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 By End User |
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 By Region |
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 Key Market Players | Splunk, International Business Machines (IBM), Symantec, EMC Corporation, HP Enterprise (HPE), Hewlett-Packard, CA Technologies, Dell, Oracle, NetApp |
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