Global Electromagnetic Compatibility (EMC) Test Equipment Market 2024-2028
The electromagnetic compatibility (EMC) test equipment market is forecasted to grow by USD 2.08 bn during 2023-2028, accelerating at a CAGR of 5.29% during the forecast period. The report on the electromagnetic compatibility (EMC) test equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the augmented production of smartphones, increased demand from the aerospace and defense sector, and the growing telecommunication sector.
Technavio's electromagnetic compatibility (EMC) test equipment market is segmented as below:
By End-user
- Consumer electronics
- Telecommunications
- Aerospace and defense
- Automotive
- Others
By Product
- EMI test receiver
- Signal generator
- Broadband amplifiers
- Spectrum analyzer
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the emergence of automotive wireless technologies as one of the prime reasons driving the electromagnetic compatibility (EMC) test equipment market growth during the next few years. Also, the increasing need for interoperability and continuous innovation in semiconductors and the growing complexity of silicon chips will lead to sizable demand in the market.
The report on the electromagnetic compatibility (EMC) test equipment market covers the following areas:
- Electromagnetic compatibility (EMC) test equipment market sizing
- Electromagnetic compatibility (EMC) test equipment market forecast
- Electromagnetic compatibility (EMC) test equipment market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electromagnetic compatibility (EMC) test equipment market vendors that include AMETEK Inc., Anritsu Corp., AR Inc., Bureau Veritas SA, Com Power Corp., DEKRA SE, ESCO Technologies Inc., Eurofins Scientific SE, Fortive Corp., Frankonia Germany EMC Solutions GmbH, Good Will Instrument Co. Ltd., Intertek Group Plc, Keysight Technologies Inc., Laird Connectivity, Parker Hannifin Corp., Rohde and Schwarz GmbH and Co. KG, SGS SA, TUV SUD AG, NITTO KOGYO CORP., and GAUSS INSTRUMENTS International GmbH. Also, the electromagnetic compatibility (EMC) test equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.