Power Electronic Testing Market Worth $9.3 Billion By 2029 - Exclusive Report By Marketsandmarketstm


(MENAFN- PR Newswire) Europe will likely be the second-largest market for power Electronics testing because of its emphasis on clean energy adoption and strict environmental laws. Germany and other European nations especially highlight clean energy efforts prompting intense testing of power electronics in energy storage and solar applications. The increasing EV market and the formation of charging networks across Europe act as significant contributors to market growth since power electronics components in EVs depend on stringent testing for safety and efficiency. commitment to carbon neutrality and stringent regulations for energy efficiency and environmental protection elevate the need for power electronics testing services. These factors together play a key role in Europe's high position in the worldwide power electronics testing industry .

Key Players

The key companies that offer power electronics testing companies
include SGS SA (Switzerland), Bureau Veritas (France), Intertek Group plc (UK), Advantest Corporation (Japan), Teradyne Inc., (US), DEKRA (Germany), TÜV SÜD (Germany), National Instruments Corp. (US), TÜV RHEINLAND (Germany), TÜV NORD Group (Germany), and UL LLC (US), Cohu, Inc. (US), Rohde & Schwarz (Germany), Keysight Technologies
(US), and Chroma ATE Inc. (Taiwan).

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Content Source: PressReleases/power-electronics-testing

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