Power Semiconductor Test Systems Market, Global Outlook and Forecast 2025-2032

Report Overview:

 Power semiconductor test systems are specialized equipment used for evaluating the performance of key components like diodes, transistors, MOSFETs, IGBTs, and thyristors. These systems verify critical parameters including voltage thresholds, switching speeds, thermal stability, and power efficiency – essential metrics for applications in electric vehicles, renewable energy, and industrial automation.

 The market growth is fueled by the rapid adoption of wide-bandgap semiconductors (SiC/GaN) which require advanced testing capabilities, with the SiC/GaN testing segment projected to grow at 22.3% CAGR. While power discrete test systems currently dominate with 64% market share, module testers for EV applications are gaining traction. Major manufacturers like Teradyne and Advantest are expanding their test portfolios to address the evolving requirements of next-generation power devices.

Market Value:

 Global power semiconductor test systems market size was valued at USD 276 million in 2024. The market is projected to grow from USD 302 million in 2025 to USD 485 million by 2032, exhibiting a CAGR of 8.6% during the forecast period. CAGR of 8.6% (2024 – 2032)

By Applications:

 SiC and GaN Semiconductor

 Silicon Semiconductor

By Types:

• Power Module Tester (IPM, PIM)

• Power Discrete Testing System

Key players include:

• Teradyne (Lemsys) (U.S.)

• TESEC Corporation (Japan)

• Advantest (CREA) (Japan)

• Hitachi Energy (Japan/Switzerland)

• NI (SET GmbH) (Germany/U.S.)

• SPEA S.p.A. (Italy)

• Tektronix (U.S.)

• Lorlin Test Systems (U.K.)