The global market for Electromagnetic Compatibility (EMC) Test Equipment is estimated at US$7.0 Billion in 2023 and is projected to reach US$8.9 Billion by 2030, growing at a CAGR of 3.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the EMC test equipment market is driven by several factors. Firstly, the increasing proliferation of electronic devices and systems in everyday life and industrial applications necessitates rigorous EMC testing to ensure compliance with international standards and regulations. Secondly, the rapid advancement of technologies such as 5G, IoT, and autonomous vehicles is creating new challenges and requirements for EMC testing, driving demand for more sophisticated and versatile test equipment. The expansion of the automotive and aerospace industries, which rely heavily on electronic systems, further propels the market.
Additionally, the growing awareness of the potential consequences of electromagnetic interference, such as safety risks and operational failures, is encouraging more stringent testing protocols. Collaboration between test equipment manufacturers and industry players is leading to the development of tailored solutions that meet specific industry needs. Finally, regulatory bodies are continuously updating and tightening EMC standards, pushing manufacturers to adopt advanced test equipment to ensure compliance and maintain market competitiveness.
The growth in the EMC test equipment market is driven by several factors. Firstly, the increasing proliferation of electronic devices and systems in everyday life and industrial applications necessitates rigorous EMC testing to ensure compliance with international standards and regulations. Secondly, the rapid advancement of technologies such as 5G, IoT, and autonomous vehicles is creating new challenges and requirements for EMC testing, driving demand for more sophisticated and versatile test equipment. The expansion of the automotive and aerospace industries, which rely heavily on electronic systems, further propels the market.
Additionally, the growing awareness of the potential consequences of electromagnetic interference, such as safety risks and operational failures, is encouraging more stringent testing protocols. Collaboration between test equipment manufacturers and industry players is leading to the development of tailored solutions that meet specific industry needs. Finally, regulatory bodies are continuously updating and tightening EMC standards, pushing manufacturers to adopt advanced test equipment to ensure compliance and maintain market competitiveness.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Solutions Component segment, which is expected to reach US$6.2 Billion by 2030 with a CAGR of a 3.4%. The Services Component segment is also set to grow at 3.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $1.9 Billion in 2023, and China, forecasted to grow at an impressive 6.8% CAGR to reach $1.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Electromagnetic Compatibility (EMC) Test Equipment Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Electromagnetic Compatibility (EMC) Test Equipment Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Electromagnetic Compatibility (EMC) Test Equipment Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as AMETEK CTS GmbH, Anritsu America, AR Inc, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 86 Featured):
- AMETEK CTS GmbH
- Anritsu America
- AR Inc
- Com-Power Corporation
- Comtest Engineering BV
- EMC PARTNER AG
- ETS-Lindgren
- everything RF
- Frankonia Germany EMC Solutions GmbH
- Global EMC UK Ltd
- Intertek Group Plc
- Keysight Technologies, Inc
- Laplace Instruments Ltd
- Lisun Group Hong Kong Limited
- Rohde & Schwarz USA, Inc.
- Société Générale de Surveillance SA
- TÜV SÜD South Asia
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- AMETEK CTS GmbH
- Anritsu America
- AR Inc
- Com-Power Corporation
- Comtest Engineering BV
- EMC PARTNER AG
- ETS-Lindgren
- everything RF
- Frankonia Germany EMC Solutions GmbH
- Global EMC UK Ltd
- Intertek Group Plc
- Keysight Technologies, Inc
- Laplace Instruments Ltd
- Lisun Group Hong Kong Limited
- Rohde & Schwarz USA, Inc.
- Société Générale de Surveillance SA
- TÜV SÜD South Asia
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 7 Billion |
| Forecasted Market Value ( USD | $ 8.9 Billion |
| Compound Annual Growth Rate | 3.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 17 |
