The study on the Global Electromagnetic Compatibility Testing Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Electromagnetic Compatibility Testing market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Electromagnetic Compatibility Testing industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Electromagnetic Compatibility Testing industry
The global Electromagnetic Compatibility (EMC) testing market size was USD 2.37 Billion in 2021 and is expected to register a revenue CAGR of 5.4% during the forecast period, according to latest analysis by Emergen Research. Increasing number of mobile subscribers and growing mobile data requirements are major factors driving market revenue growth.
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Key Highlights in Report
- The hardware segment accounted for largest revenue share in 2021. EMC testing is performed using a variety of efficient, inexpensive test equipment for both pre-qualification and troubleshooting. There is a rising demand for EMC equipment, such as victor network analyzer, software-defined radio, and Radio Frequency (RF) signal amplifier, owing to its various benefits, which are expected to drive revenue growth of this segment.
- The vector network analyzer has calibration terminations and cables and it can analyze signals between 50 kHz and 3 GHz. The touchscreen allows for solitary usage, which is driving revenue growth of this segment.
- The certification services segment accounted for largest revenue share in 2021. EMC certification is grouped into two categories. Testing a device’s immunity determines how it will respond to electromagnetic noise and other disturbances. This test is meant to provide a reasonable level of assurance that device will function as intended, when utilized in environment in which it is anticipated to be used. Furthermore, quantity of electromagnetic noise produced by a device during routine use is measured during emissions testing.
Key Players Included in this report are:
- Some major companies in the global market report include SGS SA, Bureau Veritas, Intertek Group plc, Eurofins Scientific, DEKRA India, Fortive, Keysight Technologies, Rohde & Schwarz, Agilent Technologies, Inc., and Frankonia Group.
What can be explored with the Electromagnetic Compatibility Testing market Study?
- Gain Market Understanding
- Identify Growth Opportunities
- Analyze and Measure the Global Electromagnetic Compatibility Testing market by Identifying Investment across various Industry Verticals
- Understand the Trends that will drive Future Changes in Electromagnetic Compatibility Testing market
- Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals
Market Segmentation Analysis
Players can concentrate on high-growth regions and, if necessary, modify their business plan according to the research report. The Electromagnetic Compatibility Testing market is divided into a variety of categories, uses, and geographical areas. Players gain from the report’s regional segmentation research since it offers pertinent data and insights into important geographic marketplaces.
COVID-19 Impact Analysis
The post-COVID-19 phase has undergone substantial change, and Electromagnetic Compatibility Testing market research highlights the opportunities and difficulties that still exist. This study report thoroughly examines the effects of the COVID-19 pandemic on the global economy and post-pandemic market behaviour.
Regional Outlook
We carefully examined each division, regional classification, national study, and subject-specific data set during the market research. This Electromagnetic Compatibility Testing market research report’s goal is to look at growth patterns, promising futures, important obstacles, and expected results. Information on significant market participants, strategic alliances, plans, new product launches, and joint ventures are all included in the research.
Key Reasons to Purchase Electromagnetic Compatibility Testing market Report
- The reader will be in a position to comprehend and react to marketing strategies like using strengths and conducting a SWOT analysis.
- The research looks into the dynamics of the target market and how the conflict between Russia and Ukraine has affected it.
For the purpose of this report, Emergen Research has segmented the global EMC testing market based on offering type, services type, end-use, and region:
· Offering Type Outlook (Revenue, USD Billion; 2019–2030)
- Hardware
- Software
· Services Type Outlook (Revenue, USD Billion; 2019–2030)
- Testing Services
- Inspection Services
- Certification Services
- Other Services
· End-Use Outlook (Revenue, USD Billion; 2019–2030)
- Consumer Appliances & Electronics
- Automotive
- Military & Aerospace
- IT & Telecommunications
- Medical
- Industrial
- Renewable Energy
- Railways
· Regional Outlook (Revenue, USD Billion; 2019–2030)
- North America
- S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- UAE
- South Africa
- Saudi Arabia
- Rest of Middle East & Africa
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