Global Power Semiconductor Test Systems Market Growth 2025-2031

The global Power Semiconductor Test Systems market size is predicted to grow from US$ 295 million in 2025 to US$ 475 million in 2031; it is expected to grow at a CAGR of 8.2% from 2025 to 2031.

A power semiconductor test system is a specialized equipment used for testing and characterizing power semiconductor devices such as diodes, transistors, MOSFETs (Metal-Oxide-Semiconductor Field-Effect Transistors), IGBTs (Insulated-Gate Bipolar Transistors), and thyristors. These devices are critical components in power electronics and are widely used in various applications, including energy conversion, motor drives, power supplies, renewable energy systems, and electric vehicles.

The power semiconductor test system is designed to evaluate the electrical performance, reliability, and thermal characteristics of power semiconductor devices. It allows manufacturers to verify the functionality, electrical parameters (such as voltage, current, and power ratings), switching characteristics, efficiency, and thermal behavior of these devices under different operating conditions.

The power semiconductor test systems are mainly produced in USA, Europe, Japan and China.

The major global manufacturers of Power Semiconductor Test System include Teradyne (Lemsys), PowerTECH Co., Ltd., Advantest (CREA), Hitachi Energy, TESEC Corporation and Shandong Prime-rel Electronic Technology, etc. In 2022, the world's top six vendors accounted for approximately 54 % of the revenue.

In terms of testing application, Power Discrete Testing System holds a share of 64%. In next few years, the Power Module Tester (IPM, PIM) will growth faster, driven by demand of SiC MOSFET modules and IGBT modules from electric vehicle (EV).

In next few years, the testing for SiC/GaN will grow fastest, with a CAGR of 22.3% during the next few years.

LP Information, Inc. (LPI) ' newest research report, the “Power Semiconductor Test Systems Industry Forecast” looks at past sales and reviews total world Power Semiconductor Test Systems sales in 2024, providing a comprehensive analysis by region and market sector of projected Power Semiconductor Test Systems sales for 2025 through 2031. With Power Semiconductor Test Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Semiconductor Test Systems industry.

This Insight Report provides a comprehensive analysis of the global Power Semiconductor Test Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Power Semiconductor Test Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power Semiconductor Test Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Semiconductor Test Systems and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Power Semiconductor Test Systems.

This report presents a comprehensive overview, market shares, and growth opportunities of Power Semiconductor Test Systems market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Power Module Tester (IPM, PIM)

Power Discrete Testing System

Segmentation by Application:

SiC and GaN Semiconductor

Silicon Semiconductor

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

Teradyne (Lemsys)

TESEC Corporation

Advantest (CREA)

Hitachi Energy

NI (SET GmbH)

SPEA S.p.A.

Tektronix

Lorlin Test Systems

JUNO International

ITEC BV

ipTEST Ltd

VX Instruments GmbH

ShibaSoku

STATEC

PowerTECH Co., Ltd.

Shandong Prime-rel Electronic Technology

Unisic Technology

Hefei Kewell Power System

Beijing Huafeng Test & Control Technology

POWORLD Electronic

Hangzhou Changchuan Technology

Key Questions Addressed in this Report

What is the 10-year outlook for the global Power Semiconductor Test Systems market?

What factors are driving Power Semiconductor Test Systems market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Power Semiconductor Test Systems market opportunities vary by end market size?

How does Power Semiconductor Test Systems break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.