Global Electromagnetic Compatibility (EMC) Test Equipment Market 2021-2025

Global Electromagnetic Compatibility (EMC) Test Equipment Market 2021-2025

Technavio has been monitoring the electromagnetic compatibility (EMC) test equipment market and it is poised to grow by $ 519.09 mn during 2021-2025, progressing at a CAGR of 5% during the forecast period. Our 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the augmented production of smartphones and the growing telecommunication sector. In addition, augmented production of smartphones is anticipated to boost the growth of the market as well.

The electromagnetic compatibility (EMC) test equipment market analysis includes end-user segment and geographical landscapes.

Technavio's electromagnetic compatibility (EMC) test equipment market is segmented as below:

By End-user

• Automotive
• Consumer electronics
• Telecommunications
• Aerospace and defense
• Other

By Geographical Landscapes

• APAC
• North America
• Europe
• South America
• MEA

This study identifies the increased demand from the aerospace and defense sector as one of the prime reasons driving the electromagnetic compatibility (EMC) test equipment market growth during the next few years.

Technavio 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. Our 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

Technavio's 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., Com-Power Corp., ESCO Technologies Inc., Frankonia Germany EMC Solutions GmbH, GAUSS INSTRUMENTS International GmbH, Good Will Instrument Co. Ltd., Keysight Technologies Inc., and Rohde & Schwarz GmbH & Co. KG. 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 on 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.

Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.