Artificial Intelligence
EMC Testing Market Size ($3,066.7Mn by 2028) Lead by Electric Vehicles (5.4% CAGR) Impact of Coronavirus Outbreak and Global Analysis & Forecast by TheInsightPartners.com
New York, Oct. 28, 2021 (GLOBE NEWSWIRE) — EMC Testing Market: Key Insights
According to our new research study on EMC Testing Market Size and Forecast to 2028 – COVID-19 Impact and Global Analysis By Offering (Hardware and Software, and Services), Service Type (Testing Services, Inspection Services, Certification Services, and Other Services), and End-Use (Consumer Appliances and Electronics, Automotive, Military and Aerospace, IT and Telecommunications, Medical, Industrial, and Others).
| Report Coverage | Details |
| Market Size Value in | US$ 2,116.9 million in 2021 |
| Market Size Value by | US$ 3,066.7 million by 2028 |
| Growth Rate | CAGR of 5.4% from 2021 to 2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
| No. of Pages | 174 |
| No. Tables | 88 |
| No. of Charts & Figures | 85 |
| Historical Data Available | Yes |
| Segments Covered | Offering, Service Type and End-Use |
| Regional Scope | North America; Europe; Asia Pacific; Latin America; MEA |
| Country Scope | US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina |
| Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
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EMC Testing Market: Competitive Landscape and Key Developments
AMETEK. Inc., Element Materials Technology, Bureau Veritas, Eurofins Scientific, Intertek Group plc, NTS, ROHDEandSCHWARZ, SGS SA, and TÜV SÜ are among the key players that are profiled during this market study. In addition, several other essential market players were studied and analyzed to get a holistic view of the global EMC testing market and its ecosystem.
In 2021, TÜV SÜD announced that it is acquiring PROSE Group’s testing section in Switzerland, which is enhancing its rolling stock and component testing capabilities. TÜV SÜD’s position as a leading provider of testing, inspection, and certification (TIC) services in the rail industry is strengthened by the purchase.
All electrical and electronic devices generate some form of unwanted interference/radiation that is unavoidable. As these gadgets are increasingly being used in proximity to one another, they should function normally without interfering with or being hampered by other devices. Thus, electromagnetic compatibility (EMC) is a critical feature of electrical and electronic devices. They should, however, release limited radiations and be impervious to a particular degree of electromagnetic radiation to ensure proper functioning. As different electronic devices play pivotal roles in of business environment, the compliance demands pertaining to EMC and electromagnetic immunity (EMI) testing are becoming highly challenging with the introduction of new business rules. The ability of the EMC testing chamber(s) to be certified ensures that the items will be precisely measured for EMC approval. Certification services are expected to increase at a rapid pace during the forecast period. These services ensure the functionality and safety of products. They entail aspects such as safety and health, quality, environment, social responsibility, and customized audits. Businesses can buy certification services to bind to present processes to improve their business performance. Thus, a surge in demand for certification services is bolstering the EMC testing market growth.
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EMC shielding protects electronic devices from corrosion and oxidation. Controlling electromagnetic radiation can be done with materials including metals, plastics, and conducting polymers. Metals are normally the most preferred option for EMC shielding, but they are not favored as an EMC shielding agent in current electronic systems due to their high weight and cost, and vulnerability to environmental degradation. While polymeric composite materials are lightweight and less expensive to produce, they do not have built-in EMC shielding. The cost of EMC shielding systems typically involves the expense of assessing the compliance of multiple operations, such as cleaning, loading and unloading, and masking, against the set criteria. This additional expense adds to the final product’s overall cost. Many electronic device makers consider including EMC shielding in the design phase and subsequently create products that meet the target market’s needs. In case of failure to perform the needed EMC shielding, manufacturers must seek other shielding options to ensure their products’ compliance with the target market without compromising the design. This eventually triggers the final cost of products and lengthens their time to market. Thus, the high costs of EMC shielding stifle market expansion.
Increasing Demand for Consumer Electronics to Propel EMC Testing Market Growth in Coming Years:
Computers, cellphones, tablets, and laptops, among other electronic devices, are extensively used by people for applications such as communication, entertainment, and official work. Increasing popularity of voice-assisted personal infotainment systems, rising demand for electronic appliances in automobiles, surging in the use of smartphones, growing knowledge about the impact of artificial intelligence, and increasing 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, a continuously rising demand for consumer electronics is fueling the EMC testing market growth.
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EMC Testing market: End-Use Overview
Based on end-use, the EMC testing market is segmented into consumer appliances and electronics, automotive, military and aerospace, IT and telecommunications, military and aerospace, industrial, and others. The consumer appliances and electronics segment led the market with a share of 26.0% in 2020. Further, the same segment is expected to hold 23.5% market share by 2028. The increasing GDP per capita and positive outlook toward the uptake of electronic devices are augmenting the demand for EMC testing across the world. The advent of compact smart wearables is fueling the need for microelectronics. EMC testing is done for all electronic products, such as smartphones, wearable devices, TVs, and appliances. Further, the emergence of smart electronics devices with the integration of multiple processors, sensors, and other components is accelerating the need for EMC testing, thereby boosting the market’s growth. Technology is playing a crucial role in developing electronics with a smaller size and low power demand. Moreover, with the incremental growth in the uptake of IoT solutions along with the emergence of smart cities, globally the EMC testing market is expected to witness new and lucrative growth opportunities in forthcoming years.
Key Questions to Request for EMC Testing Market:
- What are reasons behind EMC testing market growth?
- What are market opportunities for EMC testing market?
- Which offering segment is expected to dominate the market in the forecast period?
- Which end-use dominated the EMC testing market in the forecast period?
- Who is the key player in the EMC testing market?
- Which region dominated the EMC testing market in the forecast period?
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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Artificial Intelligence
THE 2024 GLOBAL EXPLORATION SUMMIT IS ANNOUNCED AT THE 120th EXPLORERS CLUB ANNUAL GALA IN NEW YORK
Porto and Terceira Island to Host the ‘Davos of Exploration’ – The GLEX Summit
NEW YORK, April 24, 2024 /PRNewswire/ — The Explorers Club and Expanding World, are thrilled to announce the fifth edition of The GLEX Summit, known as the ‘Davos of Exploration,’ set to take place from June 15 to 19 on Porto city and Terceira Island in the Azores, Portugal.
This year, Porto will Ignite the summit, followed by two days of discussions and exploration in the historic city of Angra do Heroísmo on Terceira Island. From the depths of the oceans to new space missions, the power and future of exploration will be explored in these two World Heritage cities, deeply connected to the history of exploration.
The 2024 GLEX Summit will revolve around the latest discoveries and groundbreaking missions shaping the future of our planet. Highlights of the summit include the Artemis mission, which plans to send astronauts back to the moon for the first time since 1972, and the role of Space and the Oceans in researching and mitigating the effects of climate change. Notable sessions will also delve into the unfortunate incident of the submersible implosion that took place on Titan and the recording of an episode of the BBC’s acclaimed science comedy show ‘The Infinite Monkey Cage,’ hosted by physicist Brian Cox and comedian Robin Ince.
This prestigious event will bring together over three dozen explorer and scientist legends from around the world. Confirmed physicist and researcher Brian Cox, NASA Chief Scientist James Garvin, Aquanaut Fabien Cousteau, Oceanographer David Gallo, Cosmonaut Mike Massimino, Nasa ISS CapCom Tess Caswell, among many others global Explorers and Scientists.
For further inquiries about The GLEX Summit and press accreditation, please contact:
Marco Barbosa [email protected], +351917345744
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Hillstone Networks delivers advanced Microsegmentation across different verticals..
SANTA CLARA, Calif., April 24, 2024 /PRNewswire/ — Hillstone Networks, a leading provider of cybersecurity solutions, has been included in the Forrester Microsegmentation Solutions Landscape, Q2 2024 report. The report offers an overview of the Microsegmentation market, focused on the vendors who deliver solutions for protection of critical resources, combating ransomware, and contributing to compliance adherence. The report provides security professionals a snapshot of these named vendors, considering factors such as size, geographic focus, and use cases to select the most suitable option for their targeted use cases or needs.
In the Landscape Report, Forrester states that “Zero Trust is all about replacing bodies of implicit trust with explicit policy. In physical and virtual networks, the application of this principle is referred to as microsegmentation…. [It] was one of the first true Zero Trust technologies developed after Forrester published the initial Zero Trust reports.”
Forrester states in the report that the main trend is “organizations are finally getting serious about Zero Trust. Some, proactively, are implementing microsegmentation as part of a Zero Trust strategy or initiative. Others are implementing it because they got hit by ransomware and are trying to avoid it again. But all of them are doing Zero Trust with microsegmentation.”
“Being recognized as a vendor in the Microsegmentation solution landscape underscores for us the pivotal role our technology plays in safeguarding critical assets and thwarting ransomware threats. We believe it reaffirms our commitment to providing cutting-edge security measures built on an innovative and AI-powered platform that help our customers defend against evolving cyber risks, ensuring resilience and trust,” states Tim Liu, CTO and Co-founder at Hillstone Networks.
Hillstone’s Microsegmentation solution provides the following key benefits:
Advanced and extensive Microsegmentation for physical servers, virtual machines, cloud hosts, and containers, seamlessly compatible with multiple platforms.Comprehensive, integrated Layer 4 to 7 security and malware features (Next Generation Firewall, Intrusion Prevention System, AntiVirus, URL filtering, DDoS, and bot defense), and complete vulnerability management across the entire application lifecycle.Distributed architecture for easy scaling and portability.Centralized and comprehensive visibility to reduce gaps in the threat surface.Learn more about Hillstone Networks solutions here.
About Hillstone Networks
Hillstone Networks’ Integrative Cybersecurity approach is based on a visionary, AI-powered, and accessible platform, delivering coverage, control, and consolidation to secure over 28,000 global enterprises.
Media ContactZeyao Hu+1 [email protected]
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Artificial Intelligence
Tetra Pharm Technologies and Glysious Announce Collaboration to Develop Transdermal Combination Drugs Targeting the Endocannabinoid System
The collaboration brings together Tetra Pharm Technologies’ expertise in enabling technology with Glysious’ proprietary transdermal drug delivery system, renowned for its effectiveness, comfort, and convenience.
COPENHAGEN, Denmark, April 24, 2024 /PRNewswire/ — Tetra Pharm Technologies and Glysious are pleased to announce a strategic collaboration aimed at developing a ground-breaking transdermal drug delivery system complementing several of Tetra Pharm Technologies’ pipeline candidates. The joint invention aims to revolutionize transdermal release of “difficult-to-formulate” compounds targeting the endocannabinoid system.
Tetra Pharm Technologies has focused intensively on formulation expertise, that is, how the molecules are effectively integrated with a drug delivery system to reach their desired targets. Glysious has worked rigorously on the development of an adhesive patch for transdermal drug delivery since the company’s incorporation in 2020.
“The Glysious technology enables precision, sustained dosing, and allows for a high drug load and effective emptying of patches. The transdermal patches remain in place and are very comfortable and convenient to use, resulting in improved patient compliance. However, we have identified challenges with standard formulation strategies, not providing acceptable drug release due to shortcomings of the formulation matrix”, says Professor, Dr.Techn. Anne Ladegaard Skov, Chief Scientific Officer, Glysious.
Back in 2023 Glysious and Tetra Pharm Technologies performed early in-vitro feasibility tests, integrating Tetra Pharma Technologies’ proprietary enabling technology for delivery of poorly soluble compounds with Glysious’ patch.
Dr. Morten Allesø, Chief Scientific Officer, Tetra Pharm Technologies, adds: “Although both parties were aware of the uniqueness of our respective technologies, we were positively surprised to find a five-fold increase in performance of our combination product compared to conventional formulation technologies. This is truly remarkable, and we consider it our shared obligation to further advance this technology to the benefit of the patients.”
The objectives of the collaboration include conducting comprehensive in-vitro and in-vivo studies to evaluate the performance and efficacy of the combined drug delivery system. Additionally, Tetra Pharm Technologies and Glysious plan to pursue a common patent for the joint invention, ensuring that their innovative technology remains protected and exclusive.
“We are excited to collaborate with the innovative team in Tetra Pharm Technologies on this transdermal drug delivery system paving the way for commercialization and scaling of the Glysious technology within the pharma segment”, says Stina Bjerg Nielsen, Chief Executive Officer, Glysious.
Martin Rose, Chief Executive Officer, Tetra Pharm Technologies, concludes: “The collaboration represents a unique opportunity to harness the synergies between our respective technologies. By combining our expertise, we aim to develop a transdermal drug delivery system that offers superior efficacy, convenience, and patient compliance, supporting several of our pipeline programs”.
As part of the collaboration, the partners will exchange expertise, knowledge, and resources. In addition, Tetra Pharm Technologies and Glysious will conduct joint research, experiments, and tests as required for the development of a joint patent. The scope of the collaboration is focused on disease indications such as pain, sleep disorders, and appetite regulation.
About Tetra Pharm Technologies
Tetra Pharm Technologies is a Danish biopharmaceutical company established in 2018 with a vision to be a leader in research and development of pharmaceutical drugs for the treatment of diseases related to the endocannabinoid system. For more information, please visit www.tetrapharm.eu
About Glysious
Glysious is a Danish medtech company, incorporated in 2020, that develops patches, creams, spray, and foams with controlled release of active ingredients for cosmetics and life science applications. For more information, please visit www.glysious.com
For further informationJacob SchlundtChief Marketing OfficerTetra Pharm [email protected]+45 51976225
Stina Bjerg NielsenChief Executive [email protected]+45 3053 5393
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