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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.<br>With the emergence of smart gadgets, new terms for wired and wireless connections that allow for device communication have also been introduced.
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Electromagnetic Compatibility Testing Market Size Worth USD 3.83 Billion in 2030 www.emergenresearch.com Increasing requirement for carrying out EMC pre-compliance testing of products is a key factor driving EMC testing market revenue growth . 2
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Market Summary 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. With the emergence of smart gadgets, new terms for wired and wireless connections that allow for device communication have also been introduced. Wide-ranging electromagnetic interference that might impair their function, in turn is rising demand for EMC testing services. For manufacturers and developers, expansion of interconnected items and Internet of Things (IoT) poses several difficulties and threats. Any connected or IoT-enabled product might face hazards once it is available for sale and used in its intended environment. IoT devices may interact with various other devices and components, which can lead to interoperability problems. In addition, to guarantee that devices work effectively and comply with rules, very sensitive signal and power circuits must be used, which necessitates careful design. Thus, EMC testing is necessary to enable seamless resource sharing amongst various IoT suppliers, enabling them to work together, which is rising demand for EMC testing and driving market revenue growth. However, high cost of EMC testing is expected to restrain market revenue growth. Most new products under development usually fail some sort of EMC testing the first time, as most EMC testing at an off-site third-party lab is considered expensive. According to research, depending on the sort of testing being done, off-site EMC testing might cost between USD 2,000 and USD 2,500 per day. Read More : https://www.emergenresearch.com/industry-report/electromagnetic-compatibility-testing-market www.emergenresearch.com
Market Summary Some Key Highlights From the 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. These tests serve to guarantee that any emissions from device fall below pertinent ranges established for that class of equipment. This, in turn, offers a fair guarantee that the gadget won't affect negatively other devices working in its anticipated operational environment, which is expected to drive revenue growth of this segment. Request Free Sample : https://www.emergenresearch.com/request-sample/1364 www.emergenresearch.com
Market Summary • 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 • End-Use Outlook (Revenue, USD Billion; 2019–2030) • Consumer Appliances & Electronics • Automotive • Military & Aerospace • IT & Telecommunications • Medical • Industrial • Renewable Energy • Railways • Request customization of the report @ https://www.emergenresearch.com/request-for-customization/1364
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