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EMC Testing Market | Industry Analysis and Market Forecast to 2024

EMC market is growing at a CAGR of 5.4%, from USD 2.1 billion in 2019 to USD 2.8 billion by 2024; the global market size estimation is provided from 2016 to 2024. One of the primary reasons for this rise in demand is the increasing need for safety, owing to factors such as the standardization of electronic products globally, mandatory EMC testing of medical equipment, and increase in the brand proposition of the companies.<br><br>

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EMC Testing Market | Industry Analysis and Market Forecast to 2024

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  1. MarketsandMarkets Presents EMC Testing Market | Industry Analysis and Market Forecast to 2024 EMC Testing Market by Offering (Hardware & Software and services), End-Use Application (Consumer Appliances & Electronics, Automotive, Military & Aerospace, IT & Telecommunications, Medical, Industrial), and Geography - Global Forecast 2024 https://www.marketsandmarkets.com/Market-Reports/emc-testing-market-254391962.html

  2. The EMC testing market is growing at a CAGR of 5.4% from USD 2.1 billion in 2019 to USD 2.8 billion in 2024. One of the primary reasons for this rise in demand is the increasing need for safety, owing to factors such as the standardization of electronic products globally, mandatory EMC testing of medical equipment, and increase in the brand proposition of companies. Browse 112 market data Tables and 55 Figures spread through 210 Pages and in-depth TOC on "EMC Testing Market - Global Forecast 2024"

  3. EMC testing market for certification services to grow at highest CAGR in 2019 The EMC testing market offers services to ensure that the products adhere to quality, technical safety, and performance regulatory standards. In general, testing is carried out in laboratories and facilitates the manufacturers to improve the marketability of their products and lower the manufacturing costs in the pre-production phase. Inspection services are offered for the examination of traded goods from manufacturers to end users to ensure the goods comply with the buyer’s specifications. Ask PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=254391962 EMC testing Market for consumer appliances and electronics application to grow at highest CAGR during forecast period Testing service providers offer testing services for wireless technologies such as Bluetooth, cellular, near-field communications (NFC), and Wi-Fi. Furthermore, any electronic device is an interconnection of different systems and components; therefore, the performance of the device is primarily dependent on these components and hence this application shares the highest CAGR during the forecast period.

  4. EMC Testing Market in APAC to hold largest share of market in 2019 The EMC testing market in APAC held the largest market size for the industrial end-use application due to the presence of many industries that require the use of high-performance and efficient equipment working in tandem with each other. EMC testing is necessary as it helps to ensure the operation of multiple equipment without exceeding the acceptable limits of electromagnetic radiation, thereby, not affecting the performance. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=254391962 Key Market Players Key players in the EMC testing market include SGS (Switzerland), Bureau Veritas (France), Intertek (UK), Eurofins Scientific (Luxembourg), DEKRA (Germany), Fortive(US), and Keysight Technologies (US). Intertek is a well-known player for providing innovative and customized EMC testing solutions in the market. Strong brand name and customer base are among the key factors that led to the leading position of Intertek in the market. Apart from the strong brand name and customer base, the company has strong R&D capabilities and geographic presence. Intertek focuses on strategies such as acquisitions and product launches to strengthen its product portfolio and maintain its position in the EMC testing market.

  5. Critical questions answered by this report: • Where will all these developments take the industry in the mid to long term? • What are the emerging applications of EMC testing? • How are advancements in consumer electronics and other verticals influencing this market? • Which type of equipment is expected to penetrate significantly in this market? • Which countries are expected to witness significant growth in the EMC testing market?

  6. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

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