PUBLISHER: Grand View Research | PRODUCT CODE: 1772615
PUBLISHER: Grand View Research | PRODUCT CODE: 1772615
U.S. Power Electronic Testing Market Size, Share & Trends Analysis Report By Provision Type (Test Instruments and Equipment, Professional Testing Services), By Device Type, By End Use, And Segment Forecasts, 2025 - 2033
U.S. Power Electronic Testing Market Summary
The U.S. power electronic testing market size was estimated at USD 1.12 billion in 2024 and is projected to reach USD 2.36 billion by 2033, growing at a CAGR of 8.6% from 2025 to 2033. The market is driven by the modernization of aging grid infrastructure and the surge in utility-scale energy storage projects.
As utilities transition to smart grids and integrate bidirectional power flow systems, there is an increase in demand for advanced power electronic components such as inverters, converters, and rectifiers. This transformation necessitates rigorous testing protocols to ensure grid reliability, harmonics control, and system interoperability, significantly driving the need for high-precision power electronic testing solutions.
Manufacturers prioritize rigorous testing of power electronic components such as inverters, converters, and power modules to ensure performance, safety, and compliance with stringent regulatory standards. The rising complexity of semiconductor technologies, including Silicon Carbide (SiC) and Gallium Nitride (GaN), also contributes to the demand for advanced testing solutions capable of handling new device characteristics and operational conditions. In addition, the increasing integration of power electronics in sectors such as automotive and renewable energy intensifies the need for precise and reliable testing to maintain system efficiency and longevity.
Moreover, market expansion is supported by accelerating deployment of EVs and renewable energy infrastructure, which require extensive validation of power electronics to guarantee durability and efficiency under diverse environmental and load scenarios. The increasing rollout of 5G networks and industrial automation further elevates the need for precise power electronics testing to maintain system reliability and optimize energy consumption. Growing investments in smart grid modernization and energy storage systems also create new testing requirements, driving demand for comprehensive and real-time testing platforms that facilitate predictive maintenance and fault detection.
Furthermore, technological advancements in testing methodologies, including integrating artificial intelligence and machine learning for data-driven diagnostics and predictive analytics, lead to market growth. These innovations enable faster identification of faults and performance degradation, reducing downtime and improving product quality. Regulatory emphasis on safety and environmental standards continues to enforce rigorous testing protocols, encouraging manufacturers to adopt advanced testing equipment and services. Collectively, these factors contribute to sustained growth and increased advancement in the U.S. power electronic testing industry.
U.S. Power Electronic Testing Market Report Segmentation
This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the U.S. power electronic testing market report based on provision type, device type, and end use.
- Provision Type Outlook (Revenue, USD Million, 2021 - 2033)
- Test Instruments and Equipment
- Professional Testing Services
- Device Type Outlook (Revenue, USD Million, 2021 - 2033)
- Individual Power Provision Types
- Multi-Device Modules
- Power Management ICs
- End Use Outlook (Revenue, USD Million, 2021 - 2033)
- Industrial Automation and Machinery
- Automotive and Mobility Solutions
- Information & Communication Technology (ICT)
- Consumer Electronics and Devices
- Renewable Power and Utility Networks
- Aerospace and Defense Applications
- Others
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. U.S. Power Electronic Testing Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Million)
- 3.3. Industry Value Chain Analysis
- 3.4. Market Dynamics
- 3.4.1. Market Drivers Analysis
- 3.4.2. Market Restraints Analysis
- 3.4.3. Industry Opportunities
- 3.4.4. Industry Challenges
- 3.5. U.S. Power Electronic Testing Market Analysis Tools
- 3.5.1. Porter's Analysis
- 3.5.1.1. Bargaining power of the suppliers
- 3.5.1.2. Bargaining power of the buyers
- 3.5.1.3. Threats of substitution
- 3.5.1.4. Threats from new entrants
- 3.5.1.5. Competitive rivalry
- 3.5.2. PESTEL Analysis
- 3.5.2.1. Political landscape
- 3.5.2.2. Economic and Social landscape
- 3.5.2.3. Technological landscape
- 3.5.2.4. Environmental landscape
- 3.5.2.5. Legal landscape
- 3.5.1. Porter's Analysis
Chapter 4. U.S. Power Electronic Testing Market: Provision Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. U.S. Power Electronic Testing Market: Provision Type Movement Analysis, 2024 & 2033 (USD Million)
- 4.3. Test Instruments and Equipment
- 4.3.1. Test Instruments and Equipment Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 4.4. Professional Testing Services
- 4.4.1. Professional Testing Services Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 5. U.S. Power Electronic Testing Market: Device Type Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. U.S. Power Electronic Testing Market: Device Type Movement Analysis, 2024 & 2033 (USD Million)
- 5.3. Individual Power Provision Types
- 5.3.1. Individual Power Provision Types Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.4. Multi-Device Modules
- 5.4.1. Multi-Device Modules Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 5.5. Power Management ICs
- 5.5.1. Power Management ICs Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 6. U.S. Power Electronic Testing Market: End Use Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. U.S. Power Electronic Testing Market: End Use Movement Analysis, 2024 & 2033 (USD Million)
- 6.3. Industrial Automation and Machinery
- 6.3.1. Industrial Automation and Machinery Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.4. Automotive and Mobility Solutions
- 6.4.1. Automotive and Mobility Solutions Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.5. Information & Communication Technology (ICT)
- 6.5.1. Information & Communication Technology (ICT) Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.6. Consumer Electronics and Devices
- 6.6.1. Consumer Electronics and Devices Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.7. Renewable Power and Utility Networks
- 6.7.1. Renewable Power and Utility Networks Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.8. Aerospace and Defense Applications
- 6.8.1. Aerospace and Defense Applications Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
- 6.9. Others
- 6.9.1. Others Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis by Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Market Positioning
- 7.4. Company Market Share Analysis
- 7.5. Company Heat Map Analysis
- 7.6. Strategy Mapping
- 7.6.1. Expansion
- 7.6.2. Mergers & Acquisition
- 7.6.3. Partnerships & Collaborations
- 7.6.4. New Provision Type Launches
- 7.6.5. Research and Development
- 7.7. Company Profiles
- 7.7.1. AMETEK Programmable Power Inc.
- 7.7.1.1. Participant's Overview
- 7.7.1.2. Financial Performance
- 7.7.1.3. Provision Type Benchmarking
- 7.7.1.4. Recent Developments
- 7.7.2. Bureau Veritas
- 7.7.2.1. Participant's Overview
- 7.7.2.2. Financial Performance
- 7.7.2.3. Provision Type Benchmarking
- 7.7.2.4. Recent Developments
- 7.7.3. Chroma ATE Inc.
- 7.7.3.1. Participant's Overview
- 7.7.3.2. Financial Performance
- 7.7.3.3. Provision Type Benchmarking
- 7.7.3.4. Recent Developments
- 7.7.4. Intertek Group plc
- 7.7.4.1. Participant's Overview
- 7.7.4.2. Financial Performance
- 7.7.4.3. Provision Type Benchmarking
- 7.7.4.4. Recent Developments
- 7.7.5. Keysight Technologies
- 7.7.5.1. Participant's Overview
- 7.7.5.2. Financial Performance
- 7.7.5.3. Provision Type Benchmarking
- 7.7.5.4. Recent Developments
- 7.7.6. National Instruments Corporation
- 7.7.6.1. Participant's Overview
- 7.7.6.2. Financial Performance
- 7.7.6.3. Provision Type Benchmarking
- 7.7.6.4. Recent Developments
- 7.7.7. Rohde & Schwarz
- 7.7.7.1. Participant's Overview
- 7.7.7.2. Financial Performance
- 7.7.7.3. Provision Type Benchmarking
- 7.7.7.4. Recent Developments
- 7.7.8. SGS SA
- 7.7.8.1. Participant's Overview
- 7.7.8.2. Financial Performance
- 7.7.8.3. Provision Type Benchmarking
- 7.7.8.4. Recent Developments
- 7.7.9. TEKTRONIX, INC.
- 7.7.9.1. Participant's Overview
- 7.7.9.2. Financial Performance
- 7.7.9.3. Provision Type Benchmarking
- 7.7.9.4. Recent Developments
- 7.7.10. Mitsubishi Electric Power Products, Inc.
- 7.7.10.1. Participant's Overview
- 7.7.10.2. Financial Performance
- 7.7.10.3. Provision Type Benchmarking
- 7.7.10.4. Recent Developments
- 7.7.1. AMETEK Programmable Power Inc.
List of Tables
- Table 1 U.S. Power Electronic Testing - Industry Snapshot & Key Buying Criteria, 2021 - 2033
- Table 2 U.S. Power Electronic Testing Market, 2021 - 2033 (USD Million)
- Table 3 U.S. Power Electronic Testing Market Estimates and Forecast by Provision Type, 2021 - 2033 (USD Million)
- Table 4 U.S. Power Electronic Testing Market Estimates and Forecast by Device Type, 2021 - 2033 (USD Million)
- Table 5 U.S. Power Electronic Testing Market Estimates and Forecast by End Use, 2021 - 2033 (USD Million)
- Table 6 U.S. Power Electronic Testing Market Estimates and Forecast by Test Instruments and Equipment, 2021 - 2033 (USD Million)
- Table 7 U.S. Power Electronic Testing Market Estimates and Forecast by Professional Testing Services, 2021 - 2033 (USD Million)
- Table 8 U.S. Power Electronic Testing Market Estimates and Forecast, by Individual Power Provision Types, 2021 - 2033 (USD Million)
- Table 9 U.S. Power Electronic Testing Market Estimates and Forecast by Multi-Device Modules, 2021 - 2033 (USD Million)
- Table 10 U.S. Power Electronic Testing Market Estimates and Forecast by Power Management ICs, 2021 - 2033 (USD Million)
- Table 11 U.S. Power Electronic Testing Market Estimates and Forecast, by Industrial Automation and Machinery, 2021 - 2033 (USD Million)
- Table 12 U.S. Power Electronic Testing Market Estimates and Forecast by Automotive and Mobility Solutions, 2021 - 2033 (USD Million)
- Table 13 U.S. Power Electronic Testing Market Estimates and Forecast by Information & Communication Technology (ICT), 2021 - 2033 (USD Million)
- Table 14 U.S. Power Electronic Testing Market Estimates and Forecast by Consumer Electronics and Devices, 2021 - 2033 (USD Million)
- Table 15 U.S. Power Electronic Testing Market Estimates and Forecast, by Renewable Power and Utility Networks, 2021 - 2033 (USD Million)
- Table 16 U.S. Power Electronic Testing Market Estimates and Forecast, by Aerospace and Defense Applications, 2021 - 2033 (USD Million)
- Table 17 U.S. Power Electronic Testing Market Estimates and Forecast, by Others, 2021 - 2033 (USD Million)
List of Figures
- Fig. 1 U.S Power Electronic Testing Market Segmentation
- Fig. 2 Technology landscape
- Fig. 3 Information Procurement
- Fig. 4 Data Analysis Provision Typels
- Fig. 5 Market Formulation and Validation
- Fig. 6 Data Validating & Publishing
- Fig. 7 Market Snapshot
- Fig. 8 Segment Snapshot (1/2)
- Fig. 9 Segment Snapshot (2/2)
- Fig. 10 Competitive Landscape Snapshot
- Fig. 11 U.S Power Electronic Testing- Market Size and Growth Prospects (USD Million)
- Fig. 12 U.S Power Electronic Testing Market: Industry Value Chain Analysis
- Fig. 13 U.S Power Electronic Testing Market: Market Dynamics
- Fig. 14 U.S Power Electronic Testing Market: PORTER's Analysis
- Fig. 15 U.S Power Electronic Testing Market: PESTEL Analysis
- Fig. 16 U.S Power Electronic Testing Market Share by Provision Type, 2024 & 2033 (USD Million)
- Fig. 17 U.S Power Electronic Testing Market, by Provision Type: Market Share, 2024 & 2033
- Fig. 18 Test Instruments and Equipment Market Estimates & Forecasts, 2021 - 2033 (Revenue, USD Million)
- Fig. 19 Professional Testing Services Market Estimates & Forecasts, 2021 - 2033 (Revenue, USD Million)
- Fig. 20 U.S Power Electronic Testing Market Share by Device Type, 2024 & 2033 (USD Million)
- Fig. 21 U.S Power Electronic Testing Market, by Device Type: Market Share, 2024 & 2033
- Fig. 22 Individual Power Provision Types Market Estimates & Forecasts, 2021 - 2033 (Revenue, USD Million)
- Fig. 23 Multi-Device Modules Market Estimates & Forecasts, 2021 - 2033 (Revenue, USD Million)
- Fig. 24 Power Management ICs Market Estimates & Forecasts, 2021 - 2033 (Revenue, USD Million)
- Fig. 25 U.S Power Electronic Testing Market Share by End Use, 2024 & 2033 (USD Million)
- Fig. 26 U.S Power Electronic Testing Market, by End Use: Market Share, 2024 & 2033
- Fig. 27 Industrial Automation and Machinery Market Estimates & Forecasts, 2021 - 2033 (Revenue, USD Million)
- Fig. 28 Automotive and Mobility Solutions Market Estimates & Forecasts, 2021 - 2033 (Revenue, USD Million)
- Fig. 29 Information & Communication Technology (ICT) Market Estimates & Forecasts, 2021 - 2033 (Revenue, USD Million)
- Fig. 30 Consumer Electronics and Devices Market Estimates & Forecasts, 2021 - 2033 (Revenue, USD Million)
- Fig. 31 Renewable Power and Utility Networks Market Estimates & Forecasts, 2021 - 2033 (Revenue, USD Million)
- Fig. 32 Aerospace and Defense Applications Market Estimates & Forecasts, 2021 - 2033 (Revenue, USD Million)
- Fig. 33 Others Market Estimates & Forecasts, 2021 - 2033 (Revenue, USD Million)
- Fig. 34 Key Company Categorization
- Fig. 35 Company Market Positioning
- Fig. 36 Key Company Market Share Analysis, 2024
- Fig. 37 Strategic Framework
