Global In-circuit Tester Market is anticipated to reach US$ 1.76 Bn by 2029 from US$ 1.25 Bn in 2022 at a CAGR of 4.9% during a forecast period.Global In-circuit Tester Market Overview
In-circuit testers are most often used in the consumer electronics and automotive sectors to test a populated printed circuit board, capacitance, short circuit detection, and resistance. The growing number of meteoric in-cases in general wards and ICUs is propelling the In-Circuit Tester market. In 2022, Asia Pacific held a 40% percent market share. Europe and the North America accounted for 18% and 20% of the market share, respectively.In-circuit Tester Market Snapshot
To know about the Research Methodology :- Request Free Sample Report
Global In-circuit Tester Market Dynamics
The increased usage of High-Density Interconnect technology for PCB assembly, as well as the increasing prevalence of cloud computing and Internet of Things devices, are driving the growth of the Global In-Circuit Test market. The growing usage of advanced electronics in industries such as consumer electronics, aerospace and military, and automotive is increasing demand for tiny PCBs with many connections, which in turn is increasing the need for in-circuit testing. The rising demand for in-circuit testing to accurately test PCBs in electronic devices is due to the growing penetration of electronic devices such as smartphones, laptops, TVs, and other home appliances, which require PCBs with large volumes of connections. Furthermore, the growing use of 5G technology and the global deployment of improved 4G networks, as well as vehicle electrification, are all contributing to the market's growth. The market is expected to benefit greatly from the upcoming release of an automated in-circuit tester designed to perform different functions inside emergency systems. This automated in-circuit tester not only assists end-use industries in addressing production problems but also provides zero-error operations with little maintenance and longer life for end-users. Some of the top manufacturers have already released automated in-circuit testers, and many more are expected to follow suit to stay up with the rapidly changing environment. Thus, many top manufacturers are investing in R&D operations to provide advanced and automated in-circuit testers. R&D operations result in competitive pricing options, increased end-user satisfaction with performance, and the utilization of modern technology. Increasing R&D through cooperation or partnerships assists firms in launching new and creative products into the market.Global In-circuit Tester Market Segmentation Analysis
By Product, the multimode flying probe tester is expected to have a substantial position in the worldwide In-circuit tester market due to its advanced features and simplicity of testing printed circuit boards. Flying probe testers are quite productive. When compared to inline testers, a greater number of circuit boards are checked in a shorter amount of time. There are numerous varieties of flying probe testers accessible in the global In-circuit tester market, making it difficult to select the most accurate one for testing.In-circuit Tester Market, by Portability in 2022 (%)
By Application, ICT has a significant market share in the global in-circuit tester market because functional testing is becoming more important in all applications. MDA is a defect sensing application in which Multimode Flying Probe Testers are widely used to identify defects quickly. On top of that, demand for consumer electronics like smartphones, TVs, refrigerators, and other home appliances is expected to increase at a quicker CAGR throughout the forecast period. Consequently, in-circuit testing becomes increasingly popular as a means of precisely evaluating the performance of individual components.
Global In-circuit Tester Market Regional Insights
Asia Pacific held the 40% of the market share in 2022. As the need for electronic devices and household appliances increases in Asia-Pacific, the In-Circuit Test market is expected to rise at an xx% during the forecast period. Due to the increasing demand for printed circuit boards (PCBs), a crucial component in electronic products, Chinese consumers of in-circuit testers are the most numerous. China is projected to maintain its dominant position in the global market over the forecast period. India is expected to grow at a CAGR of about 4.9 percent during the forecast period, which is a significant pace of growth when compared to the rest of South Asia. The largest in-circuit testers market for electronics manufacturers in India, followed by China. Automotive and consumer electronics are now two of the most important industries in the country. Saudi Arabia, the United Arab Emirates, Bahrain, Kuwait, Oman, and Qatar are all members of the Gulf Cooperation Council (GCC). High demand for electronic items such as cellphones, flat-screen TVs, smartphones, and others has been exhibited by a rapid rise in the adoption rate. This has a significant impact on the market. Thus, the GCC market is expected to grow at a CAGR of 3.8 percent, the highest in the region. Brazil is expected to provide more opportunities for market growth. The country's growth is aided by rising demand from the automobile and consumer electronics industries. Electric car demand is being matched by a surge in demand for low-emission, high-performance automobiles throughout the country. According to Auto.com, Anfavea, which represents Brazilian carmakers, stated that the industry produced 210,900 vehicles in August, a 23.6 percent increase over July. With the recovery of automobile manufacturing following COVID-19, albeit at a slower rate, the need for in-circuit testers is expected to increase. The objective of the report is to present a comprehensive analysis of the global In-circuit tester market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global In-circuit tester market dynamics, structure by analyzing the market segments and project the global In-circuit tester market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global In-circuit tester market make the report investor’s guide.Global In-circuit Tester Market Scope: Inquire before buying
Global In-circuit Tester Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 1.25 Bn. Forecast Period 2023 to 2029 CAGR: 4.9% Market Size in 2029: US $ 1.76 Bn. Segments Covered: by Product Multimode Flying Probe Tester In-Line Tester by Portability Compact In-Circuit Test Benchtop In-Circuit Test by Application ICT Consumer Electronics Aerospace, Defence & Government Services Medical Equipment Manufacturing Wireless Communication Others Global In-circuit Tester Market by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and the Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and the Rest of APAC) South America (Brazil, Argentina Rest of South America) Middle East & Africa (South Africa, GCC, Egypt, Nigeria and the Rest of ME&A)Global In-circuit Tester Market, Key Players are
1. Teradyne Inc. 2. Keysight Technologies 3. SPEA S.p.A 4. Test Research, Inc. 5. Digitaltest GmbH 6. Hioki E.E. Corporation 7. Acculogic Inc. 8. Kyoritsu Test System Corporation 9. Konrad GmbH 10. Seica S.p.A 11. S.E.I.C.A. S.P.A. 12. Checksum 13. Seika Machinery Inc. 14. Acculogic Inc. 15. Digitaltest GmbHFrequently Asked Questions
1. What is the projected market size & growth rate of Global In-circuit Tester Market? Ans- In-circuit Tester Market was valued at USD 1.25 billion in 2022 and is projected to reach USD 1.76 billion by 2029, growing at a CAGR of 4.9 % during the forecast period. 2. What are the key driving factors for the growth of Global In-circuit Tester Market? Ans- The increased usage of High-Density Interconnect technology for PCB assembly, as well as the increasing prevalence of cloud computing and Internet of Things devices, are driving the growth of the Global In-Circuit Test market. 3. Which Region accounted for the largest Global In-circuit Tester Market share? Ans- As the need for electronic devices and household appliances increases in Asia-Pacific, the In-Circuit Test market is expected to rise at an xx% during the forecast period. 4. What makes Brazil a Lucrative Market for Global In-circuit Tester Market? Ans- Brazil is expected to provide more opportunities for market growth. The country's growth is aided by rising demand from the automobile and consumer electronics industries. 5. What are the top players operating in Global In-circuit Tester Market? Ans- Teradyne Inc., Keysight Technologies, SPEA S.p.A, Test Research, Inc., Digitaltest GmbH, Hioki E.E. Corporation, and Acculogic Inc.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global In-circuit Tester Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2020 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the In-circuit Tester Market 3.4. Geographical Snapshot of the In-circuit Tester Market, By Manufacturer share 4. Global In-circuit Tester Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global In-circuit Tester Market 5. Supply Side and Demand Side Indicators 6. Global In-circuit Tester Market Analysis and Forecast, 2022-2029 6.1. Global In-circuit Tester Market Size & Y-o-Y Growth Analysis. 7. Global In-circuit Tester Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 7.1.1. Multimode Flying Probe Tester 7.1.2. In-Line Tester 7.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 7.2.1. Compact In-Circuit Test 7.2.2. Benchtop In-Circuit Test 7.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 7.3.1. ICT 7.3.2. Consumer Electronics 7.3.3. Aerospace, Defence & Government Services 7.3.4. Medical Equipment Manufacturing 7.3.5. Wireless Communication 7.3.6. Others 8. Global In-circuit Tester Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America In-circuit Tester Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 9.1.1. Multimode Flying Probe Tester 9.1.2. In-Line Tester 9.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 9.2.1. Compact In-Circuit Test 9.2.2. Benchtop In-Circuit Test 9.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.3.1. ICT 9.3.2. Consumer Electronics 9.3.3. Aerospace, Defense & Government Services 9.3.4. Medical Equipment Manufacturing 9.3.5. Wireless Communication 9.3.6. Others 10. North America In-circuit Tester Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. In-circuit Tester Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 11.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 11.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada In-circuit Tester Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 12.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 12.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 13. Mexico In-circuit Tester Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 13.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 13.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 14. Europe In-circuit Tester Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 14.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 14.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 15. Europe In-circuit Tester Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. In-circuit Tester Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 16.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 16.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 17. France In-circuit Tester Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 17.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 17.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 18. Germany In-circuit Tester Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 18.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 18.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 19. Italy In-circuit Tester Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 19.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 19.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 20. Spain In-circuit Tester Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 20.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 20.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 21. Sweden In-circuit Tester Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 21.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 21.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 22. CIS Countries In-circuit Tester Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 22.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 22.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 23. Rest of Europe In-circuit Tester Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 23.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 23.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 24. Asia Pacific In-circuit Tester Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 24.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 24.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 25. Asia Pacific In-circuit Tester Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China In-circuit Tester Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 26.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 26.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 27. India In-circuit Tester Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 27.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 27.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 28. Japan In-circuit Tester Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 28.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 28.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 29. South Korea In-circuit Tester Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 29.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 29.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 30. Australia In-circuit Tester Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 30.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 30.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 31. ASEAN In-circuit Tester Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 31.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 31.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 32. Rest of Asia Pacific In-circuit Tester Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 32.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 32.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 33. Middle East Africa In-circuit Tester Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 33.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 33.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 34. Middle East Africa In-circuit Tester Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa In-circuit Tester Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 35.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 35.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 36. GCC Countries In-circuit Tester Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 36.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 36.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 37. Egypt In-circuit Tester Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 37.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 37.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 38. Nigeria In-circuit Tester Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 38.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 38.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 39. Rest of ME&A In-circuit Tester Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 39.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 39.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 40. South America In-circuit Tester Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 40.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 40.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 41. South America In-circuit Tester Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil In-circuit Tester Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 42.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 42.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 43. Argentina In-circuit Tester Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 43.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 43.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 44. Rest of South America In-circuit Tester Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Product,2022-2029 44.2. Market Size (Value) Estimates & Forecast By Portability,2022-2029 44.3. Market Size (Value) Estimates & Forecast By Application,2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global In-circuit Tester Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. SPEA S.p.A 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. Teradyne Inc. 45.5. Keysight Technologies 45.6. SPEA S.p.A 45.7. Test Research, Inc. 45.8. Digitaltest GmbH 45.9. Hioki E.E. Corporation 45.10. Acculogic Inc. 45.11. Kyoritsu Test System Corporation 45.12. Konrad GmbH 45.13. Seica S.p.A 45.14. S.E.I.C.A. S.P.A. 45.15. Checksum 45.16. Seika Machinery Inc. 45.17. Acculogic Inc. 45.18. Digitaltest GmbH 46. Primary Key Insights