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Global Power Electronic Testing Market Size, Share & Industry Analysis Report By Provision Type (Test Instruments & Equipment, and Professional Testing Services), By Device Type (Individual Power Provision Types, Multi-Device Modules, and Power Management

Publisher Knowledge Based Value (KBV) Research
Published Jul 08, 2025
Length 381 Pages
SKU # KBV20295575

Description

The Global Power Electronic Testing Market size is expected to reach $11.01 billion by 2032, rising at a market growth of 8.3% CAGR during the forecast period.

The automotive & mobility solutions segment is at the forefront of the power electronic testing market, propelled by the rapid shift toward electric vehicles (EVs), hybrid electric vehicles (HEVs), and next-generation mobility platforms. Power electronic components such as inverters, DC-DC converters, onboard chargers, and battery management systems are essential to vehicle performance and safety. Testing these components ensures they operate efficiently under a wide range of temperatures, loads, and driving conditions. With increasing global mandates for vehicle electrification and sustainable transport, the need for high-precision, high-reliability testing has become critical across both OEMs and tier-1 suppliers. Thus, the automotive & mobility solutions segment witnessed 26% revenue share in the power electronic testing market in 2024.

COVID 19 Impact Analysis

During the peak of the COVID-19 pandemic, the global power electronic testing market experienced substantial setbacks. Lockdown measures and social distancing protocols led to temporary shutdowns of manufacturing facilities, especially in countries heavily dependent on industrial automation and high-end electronics production such as China, Germany, the U.S., and Japan. These restrictions delayed the production and delivery of essential testing equipment and components. The pandemic also hampered the movement of skilled technicians and engineers who were vital for equipment setup, calibration, and onsite testing, causing further project delays. Thus, the COVID-19 pandemic had a negative impact on the market.

Market Growth Factors

The surge in adoption of electric vehicles (EVs) and hybrid electric vehicles (HEVs) globally is a powerful driver shaping the power electronic testing market. EVs are fundamentally reliant on a complex network of power electronic components such as inverters, converters, battery management systems, onboard chargers, and electric drive systems. These components operate under high voltages and currents, making their performance, safety, and reliability paramount to the success of the vehicle. In conclusion, the exponential growth of EV and HEV technologies has elevated the need for robust, efficient, and high-voltage-compatible testing solutions, positioning it as a primary catalyst for the expansion of the power electronic testing market.

Additionally, wide bandgap (WBG) semiconductors such as Silicon Carbide (SiC) and Gallium Nitride (GaN) are revolutionizing the power electronics landscape by enabling faster switching, higher efficiency, and better thermal performance compared to traditional silicon-based devices. These semiconductors are critical for applications that demand compact form factors, high power densities, and thermal robustness — traits that are increasingly common in EVs, renewable energy systems, industrial drives, and aerospace applications. Therefore, the rise of wide bandgap semiconductors is catalyzing an evolution in power electronic testing methods, driving both technological innovation and market demand.

Market Restraining Factors

However, One of the most significant restraints limiting the widespread adoption of power electronic testing solutions is the high capital expenditure (CAPEX) required for establishing a robust testing infrastructure. Advanced power electronic systems operate under high voltage and current conditions, requiring sophisticated testing environments that include high-precision instruments, safety enclosures, specialized probes, shielding, thermal chambers, and automated control systems. In conclusion, the inherently time-consuming nature of comprehensive power electronic testing — combined with iterative validation demands — acts as a significant constraint on agility, innovation, and market responsiveness.

Value Chain Analysis

The value chain of the Power Electronic Testing Market begins with Upstream Components & Materials, where foundational elements for devices are sourced. This is followed by Design-for-Testing & Test Methodology, which ensures testability is embedded during design. Automatic Test Equipment (ATE) is then deployed for high-speed and precise functional evaluations. Next, Prototype & Device-Level Testing validates early-stage units for compliance and performance. System-Level & Production Testing follows to ensure reliability at scale. Then, Testing Services & Certification are performed to meet regulatory and quality benchmarks. Finally, Data Analysis, Feedback & Continuous Improvement closes the loop, optimizing future designs and feeding back into Upstream Components & Materials.

Provision Type Outlook

Based on provision type, the power electronic testing market is characterized into test instruments & equipment and professional testing services. The professional testing services segment procured 37% revenue share in the power electronic testing market in 2024. The professional testing services segment covers outsourced testing solutions provided by specialized laboratories or third-party firms. These services include performance evaluation, regulatory compliance testing, failure diagnostics, and environmental stress analysis. Companies often turn to professional testing providers when they need independent verification, lack internal resources, or are preparing for certifications. These services help reduce product development time, lower risk, and ensure that devices meet stringent industry standards. The growing complexity of electronic systems and increasing regulatory pressures are expanding the need for expert-led, external testing support.

Device Type Outlook

On the basis of device type, the power electronic testing market is classified into individual power provision types, multi-device modules, and power management ICs. The individual power provision types segment acquired 39% revenue share in the power electronic testing market in 2024. The individual power provision types segment includes discrete components such as diodes, transistors, rectifiers, and thyristors that serve specific power control functions. These devices require dedicated testing to evaluate switching behavior, thermal performance, voltage thresholds, and current handling capacity. Testing ensures their reliability in various applications ranging from industrial drives to electric vehicles and consumer electronics. Due to their foundational role in circuit design, maintaining quality through rigorous testing is critical for ensuring overall system stability and efficiency.

End User Outlook

By end use, the power electronic testing market is divided into automotive & mobility solutions, industrial automation & machinery, information & communication technology (ICT), consumer electronics & devices, renewable power & utility networks, aerospace & defense applications, and others. The industrial automation & machinery segment garnered 22% revenue share in the power electronic testing market in 2024. The industrial automation & machinery segment plays a vital role in the testing market, as factories and production lines depend heavily on motors, drives, control systems, and converters. These components are exposed to continuous operation in harsh environments, making performance and durability testing essential.

Regional Outlook

Region-wise, the power electronic testing market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment recorded 39% revenue share in the power electronic testing market in 2024. The Asia Pacific region leads the power electronic testing market, driven by rapid industrialization, robust electronics manufacturing, and the accelerating shift toward electric mobility and renewable energy. Countries like China, Japan, South Korea, and India are major hubs for the production of power semiconductors, automotive electronics, and consumer devices—all of which require extensive testing.

List of Key Companies Profiled
  • SGS S.A.
  • Bureau Veritas S.A.
  • Intertek Group PLC
  • Keysight Technologies, Inc.
  • Rohde & Schwarz GmbH & Co. KG
  • Advantest Corporation
  • Teradyne, Inc.
  • Infineon Technologies AG
  • Fluke Corporation (Fortive Corporation)
  • TUV SUD
Global Power Electronic Testing Market Report Segmentation

By Provision Type
  • Test Instruments & Equipment
  • Professional Testing Services
By Device Type
  • Individual Power Provision Types
  • Multi-Device Modules
  • Power Management ICs
By End Use
  • Automotive & Mobility Solutions
  • Industrial Automation & Machinery
  • Information & Communication Technology (ICT)
  • Consumer Electronics & Devices
  • Renewable Power & Utility Networks
  • Aerospace & Defense Applications
  • Other End Use
By Geography
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

381 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Power Electronic Testing Market, by Provision Type
1.4.2 Global Power Electronic Testing Market, by Device Type
1.4.3 Global Power Electronic Testing Market, by End Use
1.4.4 Global Power Electronic Testing Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2024
4.2 Porter Five Forces Analysis
Chapter 5. Value Chain Analysis of Power Electronic Testing Market
5.1 Upstream Components & Materials
5.2 Design-for-Testing & Test Methodology
5.3 Automatic Test Equipment (ATE)
5.4 Prototype & Device-Level Testing
5.5 System-Level & Production Testing
5.6 Testing Services & Certification
5.7 Data Analysis, Feedback & Continuous Improvement
Chapter 6. Key Costumer Criteria of Power Electronic Testing Market
Chapter 7. Global Power Electronic Testing Market by Provision Type
7.1 Global Test Instruments & Equipment Market by Region
7.2 Global Professional Testing Services Market by Region
Chapter 8. Global Power Electronic Testing Market by Device Type
8.1 Global Individual Power Provision Types Market by Region
8.2 Global Multi-Device Modules Market by Region
8.3 Global Power Management ICs Market by Region
Chapter 9. Global Power Electronic Testing Market by End Use
9.1 Global Automotive & Mobility Solutions Market by Region
9.2 Global Industrial Automation & Machinery Market by Region
9.3 Global Information & Communication Technology (ICT) Market by Region
9.4 Global Consumer Electronics & Devices Market by Region
9.5 Global Renewable Power & Utility Networks Market by Region
9.6 Global Aerospace & Defense Applications Market by Region
9.7 Global Other End Use Market by Region
Chapter 10. Global Power Electronic Testing Market by Region
10.1 North America Power Electronic Testing Market
10.1.1 North America Power Electronic Testing Market by Provision Type
10.1.1.1 North America Test Instruments & Equipment Market by Region
10.1.1.2 North America Professional Testing Services Market by Region
10.1.2 North America Power Electronic Testing Market by Device Type
10.1.2.1 North America Individual Power Provision Types Market by Country
10.1.2.2 North America Multi-Device Modules Market by Country
10.1.2.3 North America Power Management ICs Market by Country
10.1.3 North America Power Electronic Testing Market by End Use
10.1.3.1 North America Automotive & Mobility Solutions Market by Country
10.1.3.2 North America Industrial Automation & Machinery Market by Country
10.1.3.3 North America Information & Communication Technology (ICT) Market by Country
10.1.3.4 North America Consumer Electronics & Devices Market by Country
10.1.3.5 North America Renewable Power & Utility Networks Market by Country
10.1.3.6 North America Aerospace & Defense Applications Market by Country
10.1.3.7 North America Other End Use Market by Country
10.1.4 North America Power Electronic Testing Market by Country
10.1.4.1 US Power Electronic Testing Market
10.1.4.1.1 US Power Electronic Testing Market by Provision Type
10.1.4.1.2 US Power Electronic Testing Market by Device Type
10.1.4.1.3 US Power Electronic Testing Market by End Use
10.1.4.2 Canada Power Electronic Testing Market
10.1.4.2.1 Canada Power Electronic Testing Market by Provision Type
10.1.4.2.2 Canada Power Electronic Testing Market by Device Type
10.1.4.2.3 Canada Power Electronic Testing Market by End Use
10.1.4.3 Mexico Power Electronic Testing Market
10.1.4.3.1 Mexico Power Electronic Testing Market by Provision Type
10.1.4.3.2 Mexico Power Electronic Testing Market by Device Type
10.1.4.3.3 Mexico Power Electronic Testing Market by End Use
10.1.4.4 Rest of North America Power Electronic Testing Market
10.1.4.4.1 Rest of North America Power Electronic Testing Market by Provision Type
10.1.4.4.2 Rest of North America Power Electronic Testing Market by Device Type
10.1.4.4.3 Rest of North America Power Electronic Testing Market by End Use
10.2 Europe Power Electronic Testing Market
10.2.1 Europe Power Electronic Testing Market by Provision Type
10.2.1.1 Europe Test Instruments & Equipment Market by Country
10.2.1.2 Europe Professional Testing Services Market by Country
10.2.2 Europe Power Electronic Testing Market by Device Type
10.2.2.1 Europe Individual Power Provision Types Market by Country
10.2.2.2 Europe Multi-Device Modules Market by Country
10.2.2.3 Europe Power Management ICs Market by Country
10.2.3 Europe Power Electronic Testing Market by End Use
10.2.3.1 Europe Automotive & Mobility Solutions Market by Country
10.2.3.2 Europe Industrial Automation & Machinery Market by Country
10.2.3.3 Europe Information & Communication Technology (ICT) Market by Country
10.2.3.4 Europe Consumer Electronics & Devices Market by Country
10.2.3.5 Europe Renewable Power & Utility Networks Market by Country
10.2.3.6 Europe Aerospace & Defense Applications Market by Country
10.2.3.7 Europe Other End Use Market by Country
10.2.4 Europe Power Electronic Testing Market by Country
10.2.4.1 Germany Power Electronic Testing Market
10.2.4.1.1 Germany Power Electronic Testing Market by Provision Type
10.2.4.1.2 Germany Power Electronic Testing Market by Device Type
10.2.4.1.3 Germany Power Electronic Testing Market by End Use
10.2.4.2 UK Power Electronic Testing Market
10.2.4.2.1 UK Power Electronic Testing Market by Provision Type
10.2.4.2.2 UK Power Electronic Testing Market by Device Type
10.2.4.2.3 UK Power Electronic Testing Market by End Use
10.2.4.3 France Power Electronic Testing Market
10.2.4.3.1 France Power Electronic Testing Market by Provision Type
10.2.4.3.2 France Power Electronic Testing Market by Device Type
10.2.4.3.3 France Power Electronic Testing Market by End Use
10.2.4.4 Russia Power Electronic Testing Market
10.2.4.4.1 Russia Power Electronic Testing Market by Provision Type
10.2.4.4.2 Russia Power Electronic Testing Market by Device Type
10.2.4.4.3 Russia Power Electronic Testing Market by End Use
10.2.4.5 Spain Power Electronic Testing Market
10.2.4.5.1 Spain Power Electronic Testing Market by Provision Type
10.2.4.5.2 Spain Power Electronic Testing Market by Device Type
10.2.4.5.3 Spain Power Electronic Testing Market by End Use
10.2.4.6 Italy Power Electronic Testing Market
10.2.4.6.1 Italy Power Electronic Testing Market by Provision Type
10.2.4.6.2 Italy Power Electronic Testing Market by Device Type
10.2.4.6.3 Italy Power Electronic Testing Market by End Use
10.2.4.7 Rest of Europe Power Electronic Testing Market
10.2.4.7.1 Rest of Europe Power Electronic Testing Market by Provision Type
10.2.4.7.2 Rest of Europe Power Electronic Testing Market by Device Type
10.2.4.7.3 Rest of Europe Power Electronic Testing Market by End Use
10.3 Asia Pacific Power Electronic Testing Market
10.3.1 Asia Pacific Power Electronic Testing Market by Provision Type
10.3.1.1 Asia Pacific Test Instruments & Equipment Market by Country
10.3.1.2 Asia Pacific Professional Testing Services Market by Country
10.3.2 Asia Pacific Power Electronic Testing Market by Device Type
10.3.2.1 Asia Pacific Individual Power Provision Types Market by Country
10.3.2.2 Asia Pacific Multi-Device Modules Market by Country
10.3.2.3 Asia Pacific Power Management ICs Market by Country
10.3.3 Asia Pacific Power Electronic Testing Market by End Use
10.3.3.1 Asia Pacific Automotive & Mobility Solutions Market by Country
10.3.3.2 Asia Pacific Industrial Automation & Machinery Market by Country
10.3.3.3 Asia Pacific Information & Communication Technology (ICT) Market by Country
10.3.3.4 Asia Pacific Consumer Electronics & Devices Market by Country
10.3.3.5 Asia Pacific Renewable Power & Utility Networks Market by Country
10.3.3.6 Asia Pacific Aerospace & Defense Applications Market by Country
10.3.3.7 Asia Pacific Other End Use Market by Country
10.3.4 Asia Pacific Power Electronic Testing Market by Country
10.3.4.1 China Power Electronic Testing Market
10.3.4.1.1 China Power Electronic Testing Market by Provision Type
10.3.4.1.2 China Power Electronic Testing Market by Device Type
10.3.4.1.3 China Power Electronic Testing Market by End Use
10.3.4.2 Japan Power Electronic Testing Market
10.3.4.2.1 Japan Power Electronic Testing Market by Provision Type
10.3.4.2.2 Japan Power Electronic Testing Market by Device Type
10.3.4.2.3 Japan Power Electronic Testing Market by End Use
10.3.4.3 India Power Electronic Testing Market
10.3.4.3.1 India Power Electronic Testing Market by Provision Type
10.3.4.3.2 India Power Electronic Testing Market by Device Type
10.3.4.3.3 India Power Electronic Testing Market by End Use
10.3.4.4 South Korea Power Electronic Testing Market
10.3.4.4.1 South Korea Power Electronic Testing Market by Provision Type
10.3.4.4.2 South Korea Power Electronic Testing Market by Device Type
10.3.4.4.3 South Korea Power Electronic Testing Market by End Use
10.3.4.5 Singapore Power Electronic Testing Market
10.3.4.5.1 Singapore Power Electronic Testing Market by Provision Type
10.3.4.5.2 Singapore Power Electronic Testing Market by Device Type
10.3.4.5.3 Singapore Power Electronic Testing Market by End Use
10.3.4.6 Malaysia Power Electronic Testing Market
10.3.4.6.1 Malaysia Power Electronic Testing Market by Provision Type
10.3.4.6.2 Malaysia Power Electronic Testing Market by Device Type
10.3.4.6.3 Malaysia Power Electronic Testing Market by End Use
10.3.4.7 Rest of Asia Pacific Power Electronic Testing Market
10.3.4.7.1 Rest of Asia Pacific Power Electronic Testing Market by Provision Type
10.3.4.7.2 Rest of Asia Pacific Power Electronic Testing Market by Device Type
10.3.4.7.3 Rest of Asia Pacific Power Electronic Testing Market by End Use
10.4 LAMEA Power Electronic Testing Market
10.4.1 LAMEA Power Electronic Testing Market by Provision Type
10.4.1.1 LAMEA Test Instruments & Equipment Market by Country
10.4.1.2 LAMEA Professional Testing Services Market by Country
10.4.2 LAMEA Power Electronic Testing Market by Device Type
10.4.2.1 LAMEA Individual Power Provision Types Market by Country
10.4.2.2 LAMEA Multi-Device Modules Market by Country
10.4.2.3 LAMEA Power Management ICs Market by Country
10.4.3 LAMEA Power Electronic Testing Market by End Use
10.4.3.1 LAMEA Automotive & Mobility Solutions Market by Country
10.4.3.2 LAMEA Industrial Automation & Machinery Market by Country
10.4.3.3 LAMEA Information & Communication Technology (ICT) Market by Country
10.4.3.4 LAMEA Consumer Electronics & Devices Market by Country
10.4.3.5 LAMEA Renewable Power & Utility Networks Market by Country
10.4.3.6 LAMEA Aerospace & Defense Applications Market by Country
10.4.3.7 LAMEA Other End Use Market by Country
10.4.4 LAMEA Power Electronic Testing Market by Country
10.4.4.1 Brazil Power Electronic Testing Market
10.4.4.1.1 Brazil Power Electronic Testing Market by Provision Type
10.4.4.1.2 Brazil Power Electronic Testing Market by Device Type
10.4.4.1.3 Brazil Power Electronic Testing Market by End Use
10.4.4.2 Argentina Power Electronic Testing Market
10.4.4.2.1 Argentina Power Electronic Testing Market by Provision Type
10.4.4.2.2 Argentina Power Electronic Testing Market by Device Type
10.4.4.2.3 Argentina Power Electronic Testing Market by End Use
10.4.4.3 UAE Power Electronic Testing Market
10.4.4.3.1 UAE Power Electronic Testing Market by Provision Type
10.4.4.3.2 UAE Power Electronic Testing Market by Device Type
10.4.4.3.3 UAE Power Electronic Testing Market by End Use
10.4.4.4 Saudi Arabia Power Electronic Testing Market
10.4.4.4.1 Saudi Arabia Power Electronic Testing Market by Provision Type
10.4.4.4.2 Saudi Arabia Power Electronic Testing Market by Device Type
10.4.4.4.3 Saudi Arabia Power Electronic Testing Market by End Use
10.4.4.5 South Africa Power Electronic Testing Market
10.4.4.5.1 South Africa Power Electronic Testing Market by Provision Type
10.4.4.5.2 South Africa Power Electronic Testing Market by Device Type
10.4.4.5.3 South Africa Power Electronic Testing Market by End Use
10.4.4.6 Nigeria Power Electronic Testing Market
10.4.4.6.1 Nigeria Power Electronic Testing Market by Provision Type
10.4.4.6.2 Nigeria Power Electronic Testing Market by Device Type
10.4.4.6.3 Nigeria Power Electronic Testing Market by End Use
10.4.4.7 Rest of LAMEA Power Electronic Testing Market
10.4.4.7.1 Rest of LAMEA Power Electronic Testing Market by Provision Type
10.4.4.7.2 Rest of LAMEA Power Electronic Testing Market by Device Type
10.4.4.7.3 Rest of LAMEA Power Electronic Testing Market by End Use
Chapter 11. Company Profiles
11.1 SGS S.A.
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 SWOT Analysis
11.2 Bureau Veritas S.A.
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expenses
11.2.5 SWOT Analysis
11.3 Intertek Group PLC
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Segmental and Regional Analysis
11.3.4 Recent strategies and developments:
11.3.4.1 Partnerships, Collaborations, and Agreements:
11.3.5 SWOT Analysis
11.4 Keysight Technologies, Inc.
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental and Regional Analysis
11.4.4 Research & Development Expenses
11.4.5 Recent strategies and developments:
11.4.5.1 Product Launches and Product Expansions:
11.4.6 SWOT Analysis
11.5 Rohde & Schwarz GmbH & Co. KG
11.5.1 Company Overview
11.5.2 SWOT Analysis
11.6 Advantest Corporation
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Segmental and Regional Analysis
11.6.4 SWOT Analysis
11.7 Teradyne, Inc.
11.7.1 Company Overview
11.7.2 Financial Analysis
11.7.3 Segmental and Regional Analysis
11.7.4 Recent strategies and developments:
11.7.4.1 Partnerships, Collaborations, and Agreements:
11.7.5 SWOT Analysis
11.8 Infineon Technologies AG
11.8.1 Company Overview
11.8.2 Financial Analysis
11.8.3 Segmental and Regional Analysis
11.8.4 Research & Development Expense
11.8.5 SWOT Analysis
11.9 Fluke Corporation (Fortive Corporation)
11.9.1 Company Overview
11.9.2 Financial Analysis
11.9.3 Segmental and Regional Analysis
11.9.4 Research & Development Expense
11.10. TUV SUD
11.10.1 Company Overview
11.10.2 Recent strategies and developments:
11.10.2.1 Acquisition and Mergers:
11.10.3 SWOT Analysis
Chapter 12. Winning Imperatives of Power Electronic Testing Market

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