Global and China Automotive EMC Testing Market Set to Reach US$ 2.72 Billion by 2029, Exhibiting a Strong CAGR of 7.13% from 2023 to 2029 | SGS, Bureau Veritas, Intertek Group, Dekra, Element

Global and China Automotive EMC Testing Market Set to Reach US$ 2.72 Billion by 2029, Exhibiting a Strong CAGR of 7.13% from 2023 to 2029 | SGS, Bureau Veritas, Intertek Group, Dekra, Element
Global and China Automotive EMC Testing Market
The China Automotive EMC Testing market is currently valued at US$ 394 million in 2022, slightly lower than the North America market at US$ 399 million and Europe market at US$ 555 million. In terms of market proportion, North America accounts for 24.15% in 2022, while China and Europe hold 23.86% and 33.61% respectively. However, projections indicate that China’s market proportion is expected to reach 27.25%, with a notable compound annual growth rate (CAGR) of 9.12% throughout 2023-2029.

The global Automotive EMC Testing market size is projected to reach US$ 2.72 billion by 2029, from US$ 1.65 billion in 2022, at a CAGR of 7.13%during 2023-2029.

China Automotive EMC Testing market size is valued at US$ 394 million in 2022, while the North America and Europe Automotive EMC Testing are US$ 399 million and US$ 555 million, severally. The proportion of the North America is 24.15% in 2022, while China and Europe are 23.86% and 33.61% respectively, and it is predicted that China proportion will reach 27.25% in 2029, trailing a CAGR of 9.12% through the analysis period.

The China Automotive EMC Testing market plays a vital role in ensuring the safety, reliability, and compliance of automotive electronic systems. As the automotive industry continues to innovate and integrate advanced technologies, the need for effective electromagnetic compatibility (EMC) testing becomes increasingly crucial. EMC testing helps identify and mitigate electromagnetic interference (EMI) issues, ensuring that vehicles meet stringent regulatory standards and deliver optimal performance.

Automotive EMC Testing ensures that vehicles are immune to electromagnetic disturbances and do not emit excessive electromagnetic radiation that could interfere with other electronic systems. With the increasing integration of advanced driver-assistance systems (ADAS), infotainment systems, connectivity solutions, and electric vehicle technologies, automotive manufacturers are under tremendous pressure to guarantee the reliability and safety of their products.

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The global major players of Automotive EMC Testing include SGS, Bureau Veritas, Intertek Group, Dekra, Element, TUV SUD, UL Solutions, Applus+ Laboratories, Element, Horiba and Eurofins MET Labs, etc. In terms of revenue, the global three largest players hold a 23% market share of Automotive EMC Testing in 2022.

The China Automotive EMC Testing market is poised for significant growth, driven by factors such as the increasing demand for electric vehicles, the integration of advanced technologies, and stringent regulatory requirements. Manufacturers are investing in EMC testing to enhance product quality, meet regulatory standards, and gain a competitive edge in the market. Moreover, the Chinese government’s emphasis on vehicle safety and environmental sustainability further underscores the importance of EMC testing in the automotive sector.

As the China Automotive EMC Testing market continues to expand, industry stakeholders, including automotive manufacturers, testing laboratories, and regulatory bodies, must stay informed about the latest trends, technologies, and compliance requirements. Continuous innovation, collaboration, and investment in advanced testing methodologies will be crucial for sustaining growth, ensuring vehicle safety, and meeting the evolving needs of the dynamic automotive industry.

Global Automotive EMC Testing Scope and Market Size

Automotive EMC Testing market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Automotive EMC Testing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2018-2029.

Segment by Type

  • ADAS/Autonomous Driving (AD) EMC Testing
  • New Energy Vehicle EMC Testing
  • Intelligent Connected Vehicles EMC Testing
  • Other EMC Testing

 

Segment by Application

  • Automotive OEMs
  • Automotive Parts Supplier
  • Others

 

Segment by Region

  • North America
  • Europe
  • Japan
  • China
  • Southeast Asia
  • India

 

The Key players that are operating in the global Automotive EMC Testing market are:

  • SGS
  • Bureau Veritas
  • TUV SUD
  • Dekra
  • Intertek Group
  • UL Solutions
  • Applus+ Laboratories
  • Element
  • Horiba
  • Eurofins MET Labs
  • SMVIC
  • CTI
  • NTEK
  • Nanjing Rongce Testing Technology

 

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Chapters Introduction

Chapter 1: Introduces the report scope of the report, and the segment by Type. Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 2: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 3: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 4: Detailed company market share analysis of global Automotive EMC Testing, competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 5: Introduces the China market share of Automotive EMC Testing.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 8: The main points and conclusions of the report.

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