PUBLISHER: Grand View Research | PRODUCT CODE: 1771697
PUBLISHER: Grand View Research | PRODUCT CODE: 1771697
Power Electronic Testing Market Summary
The global power electronic testing market size was estimated at USD 6,163.1 million in 2024 and is projected to reach USD 12,886.9 million by 2033, growing at a CAGR of 8.6% from 2025 to 2033. The market for power electronic testing is expanding steadily due to the increasing adoption of electric vehicles across major economies.
Rising investments in renewable energy systems are adding to the demand for advanced testing solutions. Manufacturers are focusing on efficiency, safety, and compliance, fueling further market development.
The power electronics testing market is evolving with increasing complexity in device design. To address this, companies are adopting more accurate and repeatable testing methods. Automation is helping reduce testing time while improving efficiency and consistency. High-precision tools are being used to validate performance under realistic operating conditions. These developments support the broader adoption of wide bandgap semiconductors in advanced applications.
As a result, automated and precise testing is becoming the standard approach in the industry. For instance, in April 2025, Rohde & Schwarz, a German-based test and measurement technology company, collaborated with PE-Systems GmbH to enhance power electronics testing solutions. The collaboration focuses on improving double pulse and automated load jump testing using advanced instruments such as the R&S MXO 5 oscilloscope and RT-ZISO isolated probing system.
The power electronics industry is shifting toward advanced semiconductor materials. These include newer options beyond traditional silicon. Such materials are used in high-efficiency and high-performance devices. Their unique electrical and thermal characteristics require specialized validation. Testing systems must handle higher voltages, temperatures, and frequencies. This is increasing the need for more sophisticated and reliable testing solutions. Equipment must be adapted to evaluate material behavior under stress.
The goal is to ensure long-term reliability and compliance with evolving industry standards. Companies are investing in tools that simulate real-world conditions. For instance, in May 2025, EDA Industries S.P.A., an electronics company in Italy, and ChipTest Engineering formed a joint venture to establish a Burn-in and Reliability Testing Laboratory in India, targeting the growing demand for SiC and GaN technologies. This collaboration aims to strengthen India's semiconductor ecosystem and expand both companies' reach in domestic and global markets.
As electronics manufacturing continues to expand, power electronic testing is becoming a critical phase in the production process. It ensures that components such as converters, inverters, and power modules perform reliably under varying electrical conditions. The increasing complexity of power devices demands more accurate and thorough validation. With shrinking form factors and higher efficiency targets, even small defects can lead to major system failures.
Testing helps uncover design flaws and operational issues early, minimizing risks and reducing development delays. This has become vital for meeting the demands of industries such as automotive, industrial automation, and renewable energy. Manufacturers are now focusing on performance consistency and regulatory compliance. As circuits carry higher voltages and switch faster, precision testing capabilities are more important than ever. Systems must evaluate thermal behavior, load responses, and electromagnetic compatibility. In this environment, power electronic testing is evolving from a back-end task to a strategic investment in product quality and innovation.
Global Power Electronic Testing Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global power electronic testing market report based on provision type, device type, end use, and region.