Asia Pacific EMC Testing Market
Asia Pacific EMC Testing Market is growing at a CAGR of 6.5% to reach US$ 1,903.12 million by 2030 from US$ 1,148.42 million in 2022 by Offering, Service Type, and End-use.

Published On: May 2024

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Asia Pacific EMC Testing Market

At 6.5% CAGR, Asia Pacific EMC Testing Market is Projected to be Worth US$ 1,903.12 Million by 2030, says Business Market Insights.

According to Business Market Insights' research, the Asia Pacific EMC testing market was valued at US$ 1,148.42 million in 2022 and is expected to reach US$ 1,903.12 million by 2030, registering a CAGR of 6.5% from 2022 to 2030. Increasing deployment of EMC in consumer electronics and surging demand for certification services are among the critical factors attributed to the Asia Pacific EMC testing market expansion.

Computers, cellphones, tablets, and laptops, among other electronic devices, are extensively used for applications such as communication, entertainment, and official work. The increasing popularity of voice-assisted personal infotainment systems, rising demand for electronic appliances in automobiles, surging use of smartphones, growing knowledge regarding the impact of artificial intelligence, and deployment of 5G cellular networks are contributing to the elevated sales of consumer electronics. The importance of ensuring EMC is growing significantly with the escalating use of electronic gadgets such as computers, mobile phones, and navigation systems. Factors such as the high potential for emissions owing to variable supply voltages, higher clock frequencies, quicker slew rates, and increased package density, along with a high need for smaller, lighter, cheaper, and low-power devices, are bolstering the demand for EMC shielding. Reliable EMI protection contributes considerably to machines' reliability, adding value to them. Thus, rising demand for consumer electronics fuels the electromagnetic compatibility (EMC) testing market growth.

On the contrary, high cost of test equipment hurdles the growth of Asia Pacific EMC testing market.

Based on offering, the Asia Pacific EMC testing market is bifurcated into hardware & software and services. The hardware & software segment held 63.3% market share in 2022, amassing US$ 727.48 million. It is projected to garner US$ 1,132.92 million by 2030 to expand at 5.7% CAGR during 2022-2030.

In terms of service type, the Asia Pacific EMC testing market is categorized testing services, inspection services, certification services, and others. The testing services segment held 55.0% share of Asia Pacific EMC testing market in 2022, amassing US$ 231.53 million. It is projected to garner US$ 400.89 million by 2030 to expand at 7.1% CAGR during 2022-2030.

By end use, the Asia Pacific EMC testing market is segmented into consumer appliances and electronics, automotive, military and aerospace, IT and telecommunications, medical, Industrial, and others. The consumer appliances and electronics segment held 25.9% share of Asia Pacific EMC testing market in 2022, amassing US$ 297.88 million. It is projected to garner US$ 446.69 million by 2030 to expand at 5.2% CAGR during 2022-2030.

Based on country, the Asia Pacific EMC testing market has been categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 31.6% share of Asia Pacific EMC testing market in 2022. It was assessed at US$ 362.67 million in 2022 and is likely to hit US$ 546.20 million by 2030, exhibiting a CAGR of 5.3% during 2022-2030.

Key players operating in the Asia Pacific EMC testing market are Ametek Inc, Eurofins Scientific SE, Intertek Group PLC, TUV Nord Group, Rohde & Schwarz Gmbh & co kG, SGS SA, TUV SUD AG, and UL LLC, among others.


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