North America Power Electronic Testing Market Size & Outlook
North America power electronic testing market highlights
- The North America power electronic testing market generated a revenue of USD 1,496.3 million in 2024.
- The market is expected to grow at a CAGR of 8.9% from 2025 to 2033.
- In terms of segment, test instruments and equipment was the largest revenue generating provision type in 2024.
- Test Instruments and Equipment is the most lucrative provision type segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2024 | USD 1,496.3 million |
| Market revenue in 2033 | USD 3,196.0 million |
| Growth rate | 8.9% (CAGR from 2025 to 2033) |
| Largest segment | Test instruments and equipment |
| Fastest growing segment | Test Instruments and Equipment |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Test Instruments and Equipment |
Other key industry trends
- In terms of revenue, North America region accounted for 24.3% of the global power electronic testing market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,489.8 million by 2033.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Power Electronic Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Chroma ATE | View profile | 1001-5000 | Taoyüan, T'ai-wan, Taiwan, Asia | http://www.chromaate.com |
| Tektronix | View profile | 1001-5000 | Beaverton, Oregon, United States, North America | http://www.tek.com |
| National Instruments | View profile | 5001-10000 | Austin, Texas, United States, North America | http://www.ni.com |
| AMETEK Programmable Power | View profile | 101-250 | San Diego, California, United States, North America | https://www.programmablepower.com |
| Rohde & Schwarz | View profile | 10001+ | Munich, Bayern, Germany, Europe | http://www.rohde-schwarz.com/ |
| Bureau Veritas SA | View profile | 81511 | 40/52 Boulevard du Parc, Immeuble Newtime, Neuilly-sur-Seine, France, 92200 | https://group.bureauveritas.com |
| Intertek Group PLC | View profile | 44000 | 33 Cavendish Square, London, United Kingdom, W1G 0PS | https://www.intertek.com |
| SGS AG | View profile | 103193 | 1 Place des Alpes, P.O. Box 2152, Geneva, Switzerland, CH-1211 | https://www.sgs.com |
| Keysight Technologies Inc | View profile | 14900 | 1400 Fountaingrove Parkway, Santa Rosa, CA, United States, 95403-1738 | https://www.keysight.com |
North America power electronic testing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to power electronic testing market will help companies and investors design strategic landscapes.
Test instruments and equipment was the largest segment with a revenue share of 108.21% in 2024. Horizon Databook has segmented the North America power electronic testing market based on test instruments and equipment covering the revenue growth of each sub-segment from 2021 to 2033.
Reasons to subscribe to North America power electronic testing market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America power electronic testing market databook
-
Our clientele includes a mix of power electronic testing market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America power electronic testing market , including forecasts for subscribers. This continent databook contains high-level insights into North America power electronic testing market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
