- The key vendors in the EMC test market in China 2015-2019 are Agilent Technologies Inc., AMETEK Inc. and Rohde & Schwarz GmbH & Co. KG
London, 28 May 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the EMC test market in China 2015-2019. Upgradation of EMC standards with evolving technologies is one of the key trends emerging in this market. Presently, almost every electrical or electronic device is manufactured to perform several functions and is more prone to getting affected because of the presence of EMI. The EMC test market in China is expected to grow at a CAGR of 10.61% during the forecast period of 2014-2019.
The demand for EMC test equipment in China is predominantly driven by rapid industrial development, huge domestic market, and the government’s effort to comply with standards. Increasing demand for EMC test equipment from end-user industries such as automotive, aerospace and defense, consumer and industrial electronics, telecommunication, and IT is leading to market growth.
Widespread use of electronic devices such as televisions, PCs, mobile phones, laptops, tablets, electronic systems in automobiles, railways, and satellites has led to an increased number of EMC test facilities. Electronic manufacturers need to get their products tested in internal testing labs or third-party labs to meet civilian and military EMC standards and to promote their products in domestic and international markets.
“The major vendors in the market, Rohde & Schwarz, Teseq, and Agilent Technologies have increased their investment in R&D for EMC testing, having discovered immense potential in this market for EMC testing, which is driving them to increase their investment,” says Faisal Ghaus, Vice President of Technavio Research.
“Vendors are developing a proper set of technology standards using effective R&D processes. Also, increased investment in R&D is expected to improve the efficiency and performance of EMC testing during the forecast period.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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