In-Circuit Test Market

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In-Circuit Test Market by Type (Analog, Mixed), Portability (Compact, Benchtop), Application (Consumer Electronics, Aerospace, Defence & Government Services, Medical Equipment, Wireless Communication, Automotive, Energy), Region - Global Forecast to 2028

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Report Code: EP 7526 Jun, 2023, by marketsandmarkets.com

[244 Pages Report] The global In-circuit test market is estimated to grow from USD 1.2 billion in 2023 to USD 1.4 billion by 2028; it is expected to record a CAGR of 3.6% during the forecast period. The growth in in-circuit test demand in recent years is due to the increased investment in wireless communication and automotive projects due to growing consumer electronics industry. The market for in-circuit tests is projected to benefit greatly from the rising usage of smartphones and televisions.

In-Circuit Test Market

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In-Circuit Test Market

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In-circuit Test Market Dynamics

Driver: Growing demand for automotive electronics

Growing demand for automotive electronics is a significant driver of the in-circuit test market. The automotive industry's rapid adoption of advanced electronic systems and components has led to an increased need for robust testing solutions to ensure safety, reliability, and compliance with stringent standards. Modern vehicles are equipped with a wide range of electronic systems, including advanced driver-assistance systems (ADAS), infotainment systems, engine control units (ECUs), and electric vehicle components. The integration of these complex electronic systems requires thorough testing to ensure optimal performance and reliability. In-circuit testing plays a crucial role in identifying faults, defects, and potential failures within these integrated electronic systems. Furthermore, electric vehicles heavily rely on power electronics systems, such as inverters, converters, and motor control units, which require rigorous testing for reliability and performance. In-circuit testing plays a crucial role in ensuring the quality and functionality of these power electronics components. By conducting comprehensive ICT, manufacturers can detect faults, identify weak points, and optimize the performance of EV power electronics systems. As the complexity of EV electronics increases, the need for robust ICT solutions will grow, driving the demand for advanced testing equipment and services.

Restraint: Lack of standardization in connectivity protocols and increasing complexity of PCB designs

With advancements in technology, PCBs have become more intricate, densely packed with components, and feature advanced functionalities. However, these complexities pose significant restraints for in-circuit testing methods. The drive towards smaller and more compact electronic devices has led to increased miniaturization and higher component density on PCBs. Manufacturers are striving to pack more functionality into smaller spaces, resulting in highly complex PCB designs. The miniaturization of components reduced spacing between them, and the introduction of advanced technologies make it challenging to access test points using conventional in-circuit testing methods. This complexity limits the effectiveness of traditional ICT solutions, thereby restraining the growth of the ICT market.

Opportunities: Rising 5G Technology

The implementation of 5G technology involves the integration of complex electronics, including advanced processors, high-frequency components, and multiple communication interfaces. The complexity of these devices, such as 5G smartphones, routers, and base stations, presents challenges in terms of functionality, signal integrity, and power consumption. In-circuit testing plays a critical role in ensuring the proper functioning of these intricate electronics, validating signal integrity, and identifying potential manufacturing defects. The increased complexity of 5G devices provides ample opportunities for the growth of the in-circuit test market. Furthermore, 5G technology operates at higher frequency bands, including millimeter-wave (mmWave) frequencies, which present unique testing challenges. The higher frequencies demand precise signal integrity testing, reduced signal loss, and effective noise suppression techniques. In-circuit testing enables the evaluation of high-frequency signal paths, identifying potential impedance mismatches, signal quality issues, and noise sources. The opportunity for in-circuit testing to validate the performance of high-frequency circuits and ensure compliance with stringent 5G specifications is a key driver for the in-circuit test market.

Challenges: Reducing size of PCB creates difficulty in testing

As printed circuit boards (PCB) size decreases, the available space for placing test points is limited. Test points are critical for making electrical connections to measure and verify signals during in-circuit testing. With reduced PCB real estate, it becomes challenging to allocate sufficient test points for comprehensive testing coverage. This limitation hampers the ability to access critical nodes and perform accurate measurements, leading to potential coverage gaps and reduced test effectiveness. Similarly, shrinking PCB sizes results in tighter component placement and denser routing, making probing more difficult. Limited access to probe tips requires specialized fixtures and fine-pitch probes. Furthermore, the miniaturization of PCBs increases the risk of signal integrity issues, such as crosstalk and impedance mismatches, which can complicate testing and affect measurement accuracy. Thus, probing small-sized components while maintaining signal integrity during in-circuit testing can pose a challenge of in-circuit testing.

In-circuit test Market Ecosystem

Prominent companies in this market include well-established, financially stable in-circuit test manufacturers. These companies have been operating in the market for several years and possess a diversified product portfolio, state-of-the-art technologies, and strong global sales and marketing networks. Prominent companies in this market include Teradyne Inc. (US), Test Research Inc. (TRI) (Taiwan), Keysight Technologies (US), Hioki E.E Corporation (Japan) and Kyoritsu Electric Corporation (Japan).

In-Circuit Test Market

The benchtop, by portability, is expected to be the second largest segment during the forecast period.

This report segments the in-circuit test market based on portability into two types: compact and benchtop. The benchtop segment is expected to be the second largest segment during the forecast period. Because of its mobility, the benchtop demand for in circuit test is likely to be significant. The benchtop automated test equipment with built-in fixturing decreased the uncertainty of repeated findings in bench testing. Its primary in-circuit test sales are attributed to the elimination of hand probing precise measurements and dependable test probe fixturing.

By application, the energy sector is expected to be the fastest growing during the forecast period

This report segments the in-circuit test market based on application into six segments: consumer electronics & appliances, aerospace, defence, and government services, medical equipment manufacturing, automotive, and energy sector. The energy sector is expected to grow at the fastest rate during the forecast period. The increasing investments in the energy sector such as oil & gas, power, utilities, solar inverters, smart meters etc. are expected to drive the market for in-circuit test. The growth of the energy segment can be attributed to the increase in solar inverters and smart inverters spending by countries such as Germany, Italy, Spain, France, and the UK.

"Asia Pacific": The largest in the in-circuit test market"

Asia Pacific is expected to have the largest market share in the in-circuit test market between 2023–2028, followed by Europe and North America. Urbanization and population growth have resulted in the need for vast infrastructure development, which has propelled the electronics demand across the region. As per the Indian Electrical and Electronics Manufacturers’ Association (IEEMA), the electricity generation capacity in India is expected to increase from 200 GW in 2010 to over 800 GW by 2032 to fulfill the increasing demand for power. Thus, there is a need for a huge investment of approximately USD 300 billion in the next 3–4 years in power equipment manufacturing, which will increase the demand for in-circuit testing of these equipment.

In-Circuit Test Market Size, and Share

Key Market Players

The in-circuit test market is dominated by a few major players that have a wide regional presence. The major players in the in-circuit test market include Teradyne Inc. (US), Test Research Inc. (TRI) (Taiwan), Keysight Technologies (US), Hioki E.E Corporation (Japan), Kyoritsu Electric Corporation (Japan) and SPEA S.p.A. (Italy). Between 2018 and 2022, these companies followed strategies such as contracts, agreements, partnerships, mergers, acquisitions, and expansions to capture a larger share of the in-circuit test market.

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Scope of the Report

Report Metric	Details
Market size available for years	2017–2028
Base year considered	2022
Forecast period	2023–2028
Forecast units	Value (USD Million/USD Billion)
Segments covered	In-circuit test market by type, portability, application, and region.
Geographies covered	Asia Pacific, North America, Europe, South America, and Middle East & Africa.
Companies covered	Teradyne Inc. (US), Test Research, Inc. (Taiwan), Keysight Technologies (US), HIOKI E.E. CORPORATION (Japan), Kyoritsu Electric Corporation (Japan), Digitaltest GmbH (Germany), SPEA S.p.A. (Italy), Konrad GmbH (Germany), Testronics (US), S.E.I.C.A. S.p.A. (Italy), Concord Technology Limited (Hong Kong), OKANO ELECTRIC CO., LTD (Japan), Checksum (US), Reinhardt System- und Messelectronic GmbH (Germany), Test Coach Company, LLC (US), Shenzhen PTI Technology Co. Ltd (China), Vital Electronics & Manufacturing Co. (India), Kuttig Electronic (Germany), TeligentEMS (US)

This research report categorizes the in-circuit test market by type, portability, application, and region.

On the basis of type:

Analog
Mixed

On the basis of portability:

Compact
Benchtop

On the basis of application:

Aerospace, Defense, and Government services
Wireless Communication & Infrastructure
Consumer Electronics & Appliances
Medical Equipment Manufacturing
Automotive
Energy Sector

On the basis of region:

Asia Pacific
Europe
North America
South America
Middle East & Africa

Recent Developments

In August 2022, SPEA S.p.A. and JTAG Technologies have entered a technological collaboration to significantly improve the integration of boundary scan options within flying probe and bed-of-nails testing equipment. By incorporating boundary scan capabilities into in-circuit testing, fault coverage of interconnections, logic elements, and in-signal passives will be increased.
In June 2022, Bosch Automotive Group selected SPEA S.p.A. as its global and exclusive supplier of ICT Automatic Testers for its global manufacturing plants for the third time in a row. Bosch Automotive has picked the SPEA ICT Tester model 3030 as the most effective for its circuit boards.
In May 2022, Digitaltest incorporates SMH Technologies' FlashRunner 2.0 into their fixtures, In-Circuit and Flying Probe Test Systems. It is especially ideal for programming multi-PCB panels and complex boards because to its flexibility, wide library, and user-friendly software wizard.
In April 2022, Teradyne, Inc., received a contract from Nations Technologies, an established Chinese microcontroller unit (MCU) and security integrated circuit (IC) chip maker, for the supply of the 7,000th unit of its industry-leading J750 semiconductor test platform.
In March 2022, MIDEL, Test Research, Inc. (TRI) introduced of the TR8100H SII high-density pin count In-Circuit Tester (ICT) with vacuum fixture for full coverage testing. The TR8100H SII is the latest version of the high-performance board test system designed for low-voltage testing and complex PCBAs.

Frequently Asked Questions (FAQ):

What is the current size of the in-circuit test market?

The current market size of the in-circuit test market is USD 1.1 billion in 2022.

What are the major drivers for the in-circuit test market?

Rising demand of consumer electronics and automotive electronics will be major drivers for the in-circuit test market.

Which is the largest region during the forecasted period in the in-circuit test market?

Asia Pacific is expected to dominate the in-circuit test market between 2023–2028, followed by Europe and North America. The increase in demand of consumer electronics in recent years is driving the region's market.

Which is the largest segment, by type, during the forecasted period in the in-circuit test market?

The analog segment is expected to be the largest market during the forecast period. Increased demand for transformers due to the increasing investments in renewable energy sources and the easy availability of mineral oil are expected to drive the market for the mineral-based in-circuit test segment.

Which is the fastest portability segment during the forecasted period in the in-circuit test market?

The Benchtop segment is expected to be the fastest market during the forecast period. The increasing investment in advancing in-circuit test methods to meet the electronics demand would drive the demand for in-circuit tests used in consumer electronics, automotive and medical equipment.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 34)

1.1 STUDY OBJECTIVES

1.2 MARKET DEFINITION

1.3 INCLUSIONS AND EXCLUSIONS

1.4 STUDY SCOPE

1.4.1 MARKETS COVERED

1.4.2 REGIONAL SCOPE

1.4.3 YEARS CONSIDERED

1.5 CURRENCY CONSIDERED

1.6 LIMITATIONS

1.7 STAKEHOLDERS

1.8 SUMMARY OF CHANGES

1.8.1 IMPACT OF RECESSION

2 RESEARCH METHODOLOGY (Page No. - 39)

2.1 RESEARCH DATA

FIGURE 1 IN-CIRCUIT TEST MARKET: RESEARCH DESIGN

2.2 MARKET BREAKDOWN AND DATA TRIANGULATION

FIGURE 2 DATA TRIANGULATION METHODOLOGY

2.2.1 SECONDARY DATA

2.2.1.1 Key data from secondary sources

2.2.2 PRIMARY DATA

2.2.2.1 Key industry insights

2.2.2.2 Breakdown of primaries

FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION

2.3 MARKET SIZE ESTIMATION

2.3.1 BOTTOM-UP APPROACH

FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH

2.3.2 TOP-DOWN APPROACH

FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH

2.4 DEMAND-SIDE METRICS

FIGURE 6 MAIN METRICS CONSIDERED TO CONSTRUCT AND ASSESS DEMAND FOR IN-CIRCUIT TEST

TABLE 1 IN-CIRCUIT TEST MARKET: INDUSTRY/COUNTRY ANALYSIS

2.4.1 KEY PARAMETERS/TRENDS IN APPLICATIONS OF IN-CIRCUIT TESTS

2.5 SUPPLY-SIDE ANALYSIS

FIGURE 7 KEY STEPS CONSIDERED TO ASSESS SUPPLY OF IN-CIRCUIT TEST

FIGURE 8 IN-CIRCUIT TEST MARKET: SUPPLY-SIDE ANALYSIS, 2022

2.5.1 CALCULATIONS FOR SUPPLY SIDE

2.5.2 ASSUMPTIONS FOR SUPPLY SIDE

FIGURE 9 COMPANY REVENUE ANALYSIS, 2022

2.6 FORECAST

2.7 IMPACT OF RECESSION

3 EXECUTIVE SUMMARY (Page No. - 50)

TABLE 2 IN-CIRCUIT TEST MARKET SNAPSHOT

FIGURE 10 ANALOG SEGMENT TO ACCOUNT FOR LARGER SIZE OF IN-CIRCUIT TEST MARKET, BY TYPE, DURING FORECAST PERIOD

FIGURE 11 BENCHTOP SEGMENT TO EXHIBIT HIGHER CAGR, BY PORTABILITY, DURING FORECAST PERIOD

FIGURE 12 CONSUMER ELECTRONICS AND APPLIANCES SEGMENT TO AMASS LARGEST SHARE OF IN-CIRCUIT TEST MARKET, BY APPLICATION, DURING FORECAST PERIOD

FIGURE 13 ASIA PACIFIC DOMINATED IN-CIRCUIT TEST MARKET IN 2022

4 PREMIUM INSIGHTS (Page No. - 54)

4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN IN-CIRCUIT TEST MARKET

FIGURE 14 INCREASING INVESTMENTS IN HVDC TRANSMISSION SYSTEMS TO DRIVE IN-CIRCUIT TEST MARKET DURING 2023–2028

4.2 IN-CIRCUIT TEST MARKET, BY REGION

FIGURE 15 IN-CIRCUIT TEST MARKET TO REGISTER HIGHEST CAGR IN MIDDLE EAST AND AFRICA DURING FORECAST PERIOD

4.3 IN-CIRCUIT TEST MARKET, BY TYPE

FIGURE 16 ANALOG SEGMENT DOMINATED IN-CIRCUIT TEST MARKET IN 2022

4.4 IN-CIRCUIT TEST MARKET, BY PORTABILITY

FIGURE 17 COMPACT SEGMENT ACCOUNTED FOR LARGER SHARE OF IN-CIRCUIT TEST MARKET IN 2022

4.5 IN-CIRCUIT TEST MARKET, BY APPLICATION

FIGURE 18 CONSUMER ELECTRONICS AND APPLIANCES SEGMENT DOMINATED IN-CIRCUIT TEST MARKET IN 2022

4.6 ASIA PACIFIC: IN-CIRCUIT TEST MARKET, BY TYPE AND COUNTRY

FIGURE 19 ANALOG AND CHINA DOMINATED ASIA PACIFIC IN-CIRCUIT TEST MARKET IN 2022

5 MARKET OVERVIEW (Page No. - 58)

5.1 INTRODUCTION

5.2 MARKET DYNAMICS

FIGURE 20 IN-CIRCUIT TEST MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES

5.2.1 DRIVERS

5.2.1.1 Increasing demand for automotive electronics

FIGURE 21 GLOBAL EV SALES VOLUME, 2017–2022

5.2.1.2 Rising demand from consumer electronics industry

FIGURE 22 GLOBAL SALES OF SMARTPHONES, TVS, AND PCS, 2018–2021

5.2.1.3 Increasing adoption of high-density interconnect (HDI) technology for PCB assembly

5.2.2 RESTRAINTS

5.2.2.1 High costs associated with testing processes

5.2.2.2 Lack of standardization in connectivity protocols and increasing complexity of PCB designs

5.2.3 OPPORTUNITIES

5.2.3.1 Rising use of 5G technology

FIGURE 23 5G SUBSCRIPTION IN ASIA PACIFIC, 2019–2024

5.2.3.2 Increasing adoption of cloud computing and IoT devices

5.2.4 CHALLENGES

5.2.4.1 Testing of high-speed interfaces

5.2.4.2 Difficulties in testing miniaturized PCBs

5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS

5.3.1 REVENUE SHIFTS AND NEW REVENUE POCKETS FOR IN-CIRCUIT TEST PROVIDERS

FIGURE 24 REVENUE SHIFTS FOR IN-CIRCUIT TEST MARKET PLAYERS

5.4 ECOSYSTEM MAPPING

FIGURE 25 IN-CIRCUIT TEST MARKET MAP

5.4.1 MARKET MAP

TABLE 3 IN-CIRCUIT TEST MARKET: ECOSYSTEM ANALYSIS

5.5 SUPPLY CHAIN ANALYSIS

FIGURE 26 IN-CIRCUIT TEST MARKET: SUPPLY CHAIN ANALYSIS

5.5.1 RAW MATERIAL/COMPONENT PROVIDERS

5.5.2 IN-CIRCUIT TEST EQUIPMENT MANUFACTURERS

5.5.3 DISTRIBUTORS AND AFTER-SALES SERVICE PROVIDERS

5.5.4 END USERS

5.6 TECHNOLOGY ANALYSIS

5.6.1 MACHINE LEARNING (ML) TECHNOLOGY USED IN-CIRCUIT TESTING

5.6.2 TEST DATA ANALYTICS AND VISUALIZATION USED IN IN-CIRCUIT TESTING

5.6.3 ADVANCED TEST EQUIPMENT AND PROBING TECHNIQUES

5.7 PATENT ANALYSIS

TABLE 4 IN-CIRCUIT TEST MARKET: INNOVATIONS AND PATENT REGISTRATIONS, 2018–2022

5.8 TRADE ANALYSIS

5.8.1 HS CODE 853400

5.8.1.1 Export scenario

TABLE 5 EXPORT DATA FOR PRODUCTS COVERED UNDER HS CODE 853400, BY COUNTRY, 2019–2021 (USD)

FIGURE 27 EXPORT DATA FOR TOP 5 COUNTRIES, 2020–2022

5.8.1.2 Import scenario

TABLE 6 IMPORT DATA FOR PRODUCTS COVERED UNDER HS CODE 853400, BY COUNTRY, 2020–2022 (USD)

FIGURE 28 IMPORT DATA FOR TOP 5 COUNTRIES, 2020–2022 (USD)

5.9 TARIFFS, CODES, AND REGULATIONS

5.9.1 TARIFFS APPLICABLE TO PRINTED CIRCUITS

TABLE 7 IMPORT TARIFF FOR PRODUCTS COVERED UNDER HS 853400

5.9.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS

TABLE 8 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS

TABLE 9 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS

TABLE 10 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS

TABLE 11 MIDDLE EAST AND AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS

TABLE 12 SOUTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS

TABLE 13 GLOBAL: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS

5.9.3 CODES AND REGULATIONS RELATED TO IN-CIRCUIT TEST MARKET

TABLE 14 IN-CIRCUIT TEST MARKET: CODES AND REGULATIONS

5.10 PORTER’S FIVE FORCES ANALYSIS

FIGURE 29 IN-CIRCUIT TEST MARKET: PORTER’S FIVE FORCES ANALYSIS, 2022

TABLE 15 IN-CIRCUIT TEST MARKET: PORTER’S FIVE FORCES ANALYSIS, 2022

5.10.1 THREAT OF NEW ENTRANTS

5.10.2 BARGAINING POWER OF SUPPLIERS

5.10.3 BARGAINING POWER OF BUYERS

5.10.4 THREAT OF SUBSTITUTES

5.10.5 INTENSITY OF COMPETITIVE RIVALRY

5.11 CASE STUDY ANALYSIS

5.11.1 TBG SOLUTIONS DEVELOPED VERSATILE PXI-BASED AUTOMATED TEST SYSTEM

5.11.2 DELSERRO ENGINEERING SOLUTIONS HELPED CUSTOMER IDENTIFY DESIGN-RELATED ISSUES TO ENHANCE PRODUCT RELIABILITY

5.11.3 ELETTRONICA ENHANCED TEST COVERAGE FOR COMPLEX BOARDS WITH XJTAG’S BOUNDARY SCAN SYSTEM

5.12 KEY STAKEHOLDERS AND BUYING CRITERIA

5.12.1 KEY STAKEHOLDERS IN BUYING PROCESS

FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END USERS

TABLE 16 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 END USERS

5.12.2 BUYING CRITERIA

FIGURE 31 KEY BUYING CRITERIA FOR TOP 3 END USERS

TABLE 17 KEY BUYING CRITERIA FOR TOP 3 END USERS

5.13 KEY CONFERENCES AND EVENTS, 2023–2024

TABLE 18 IN-CIRCUIT TEST MARKET: DETAILED LIST OF CONFERENCES AND EVENTS

6 IN-CIRCUIT TEST MARKET, BY TYPE (Page No. - 92)

6.1 INTRODUCTION

FIGURE 32 IN-CIRCUIT TEST MARKET, BY TYPE, 2022

TABLE 19 IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 20 IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

6.2 ANALOG

6.2.1 EASY TO USE AND COVERS BROAD APPLICATION SPECTRUM

TABLE 21 ANALOG: IN-CIRCUIT TEST MARKET, BY REGION, 2017–2022 (USD THOUSAND)

TABLE 22 ANALOG: IN-CIRCUIT TEST MARKET, BY REGION, 2023–2028 (USD THOUSAND)

6.3 MIXED

6.3.1 TESTS CIRCUITS THAT CONTAIN BOTH ANALOG AND DIGITAL COMPONENTS

TABLE 23 MIXED: IN-CIRCUIT TEST MARKET, BY REGION, 2017–2022 (USD THOUSAND)

TABLE 24 MIXED: IN-CIRCUIT TEST MARKET, BY REGION, 2023–2028 (USD THOUSAND)

7 IN-CIRCUIT TEST MARKET, BY PORTABILITY (Page No. - 97)

7.1 INTRODUCTION

FIGURE 33 IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2022

TABLE 25 IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 26 IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

7.2 COMPACT

7.2.1 RISING ADOPTION OF AUTOMOTIVE ELECTRONICS AND CONSUMER ELECTRONIC DEVICES TO BOOST DEMAND FOR COMPACT IN-CIRCUIT TEST

TABLE 27 COMPACT: IN-CIRCUIT TEST MARKET, BY REGION, 2017–2022 (USD THOUSAND)

TABLE 28 COMPACT: IN-CIRCUIT TEST MARKET, BY REGION, 2023–2028 (USD THOUSAND)

7.3 BENCHTOP

7.3.1 WIDE APPLICATION SCOPE TO FUEL SEGMENTAL GROWTH

TABLE 29 BENCHTOP: IN-CIRCUIT TEST MARKET, BY REGION, 2017–2022 (USD THOUSAND)

TABLE 30 BENCHTOP: IN-CIRCUIT TEST MARKET, BY REGION, 2023–2028 (USD THOUSAND)

8 IN-CIRCUIT TEST MARKET, BY APPLICATION (Page No. - 102)

8.1 INTRODUCTION

FIGURE 34 IN-CIRCUIT TEST MARKET, BY APPLICATION, 2022

TABLE 31 IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 32 IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

8.2 CONSUMER ELECTRONICS AND APPLIANCES

8.2.1 INCREASING CONSUMER ELECTRONICS SALES IN ASIA PACIFIC AND NORTH AMERICA TO DRIVE MARKET

TABLE 33 CONSUMER ELECTRONICS AND APPLIANCES: IN-CIRCUIT TEST MARKET, BY REGION, 2017–2022 (USD THOUSAND)

TABLE 34 CONSUMER ELECTRONICS AND APPLIANCES: IN-CIRCUIT TEST MARKET, BY REGION, 2023–2028 (USD THOUSAND)

8.3 AEROSPACE, DEFENSE, AND GOVERNMENT SERVICES

8.3.1 INCREASED SPENDING ON AEROSPACE, DEFENSE, AND GOVERNMENT SECTORS TO DRIVE DEMAND FOR IN-CIRCUIT TEST EQUIPMENT

TABLE 35 AEROSPACE, DEFENSE, AND GOVERNMENT SERVICES: IN-CIRCUIT TEST MARKET, BY REGION, 2017–2022 (USD THOUSAND)

TABLE 36 AEROSPACE, DEFENSE, AND GOVERNMENT SERVICES: IN-CIRCUIT TEST MARKET, BY REGION, 2023–2028 (USD THOUSAND)

8.4 MEDICAL EQUIPMENT MANUFACTURING

8.4.1 RISING DEMAND FOR HIGH-DENSITY INTERCONNECT PCBS IN MEDICAL INDUSTRY TO DRIVE MARKET

TABLE 37 MEDICAL EQUIPMENT MANUFACTURING: IN-CIRCUIT TEST MARKET, BY REGION, 2017–2022 (USD THOUSAND)

TABLE 38 MEDICAL EQUIPMENT MANUFACTURING: IN-CIRCUIT TEST MARKET, BY REGION, 2023–2028 (USD THOUSAND)

8.5 WIRELESS COMMUNICATION

8.5.1 INCREASING DEMAND FOR WIRELESS TECHNOLOGIES TO DRIVE MARKET

TABLE 39 WIRELESS COMMUNICATION: IN-CIRCUIT TEST MARKET, BY REGION, 2017–2022 (USD THOUSAND)

TABLE 40 WIRELESS COMMUNICATION: IN-CIRCUIT TEST MARKET, BY REGION, 2023–2028 (USD THOUSAND)

8.6 AUTOMOTIVE

8.6.1 VEHICLE ELECTRIFICATION AND RIGOROUS QUALITY STANDARDS TO PROPEL DEMAND FOR IN-CIRCUIT TESTING

TABLE 41 AUTOMOTIVE: IN-CIRCUIT TEST MARKET, BY REGION, 2017–2022 (USD THOUSAND)

TABLE 42 AUTOMOTIVE: IN-CIRCUIT TEST MARKET, BY REGION, 2023–2028 (USD THOUSAND)

8.7 ENERGY

8.7.1 INTEGRATION OF DIGITAL COMMUNICATION SYSTEMS INTO POWER NETWORKS TO ACCELERATE MARKET GROWTH

TABLE 43 ENERGY: IN-CIRCUIT TEST MARKET, BY REGION, 2017–2022 (USD THOUSAND)

TABLE 44 ENERGY: IN-CIRCUIT TEST MARKET, BY REGION, 2023–2028 (USD THOUSAND)

9 IN-CIRCUIT TEST MARKET, BY REGION (Page No. - 113)

9.1 INTRODUCTION

FIGURE 35 IN-CIRCUIT TEST MARKET IN MIDDLE EAST & AFRICA MARKET TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD

FIGURE 36 IN-CIRCUIT TEST MARKET SHARE, BY REGION, 2022

9.1.1 RECESSION IMPACT: INTRODUCTION

TABLE 45 IN-CIRCUIT TEST MARKET, BY REGION, 2017–2022 (USD THOUSAND)

TABLE 46 IN-CIRCUIT TEST MARKET, BY REGION, 2023–2028 (USD THOUSAND)

9.2 NORTH AMERICA

FIGURE 37 NORTH AMERICA: IN-CIRCUIT TEST MARKET SNAPSHOT

9.2.1 NORTH AMERICA: RECESSION IMPACT

9.2.2 BY TYPE

TABLE 47 NORTH AMERICA: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 48 NORTH AMERICA: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

9.2.3 BY PORTABILITY

TABLE 49 NORTH AMERICA: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 50 NORTH AMERICA: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

9.2.4 BY APPLICATION

TABLE 51 NORTH AMERICA: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 52 NORTH AMERICA: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.2.5 BY COUNTRY

TABLE 53 NORTH AMERICA: IN-CIRCUIT TEST MARKET, BY COUNTRY, 2017–2022 (USD THOUSAND)

TABLE 54 NORTH AMERICA: IN-CIRCUIT TEST MARKET, BY COUNTRY, 2023–2028 (USD THOUSAND)

9.2.5.1 US

9.2.5.1.1 Presence of key players to drive market

TABLE 55 US: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 56 US: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

TABLE 57 US: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 58 US: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

TABLE 59 US: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 60 US: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.2.5.2 Canada

9.2.5.2.1 Increasing demand from telecommunications industry to drive market

TABLE 61 CANADA: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 62 CANADA: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

TABLE 63 CANADA: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 64 CANADA: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

TABLE 65 CANADA: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 66 CANADA: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.2.5.3 Mexico

9.2.5.3.1 Demand from automobile manufacturing industry to boost market

TABLE 67 MEXICO: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 68 MEXICO: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

TABLE 69 MEXICO: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 70 MEXICO: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

TABLE 71 MEXICO: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 72 MEXICO: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.3 ASIA PACIFIC

FIGURE 38 ASIA PACIFIC: IN-CIRCUIT TEST MARKET SNAPSHOT

9.3.1 ASIA PACIFIC: RECESSION IMPACT

9.3.2 BY TYPE

TABLE 73 ASIA PACIFIC: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 74 ASIA PACIFIC: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

9.3.3 BY PORTABILITY

TABLE 75 ASIA PACIFIC: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 76 ASIA PACIFIC: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

9.3.4 BY APPLICATION

TABLE 77 ASIA PACIFIC: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 78 ASIA PACIFIC: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.3.5 BY COUNTRY

TABLE 79 ASIA PACIFIC: IN-CIRCUIT TEST MARKET, BY COUNTRY, 2017–2022 (USD THOUSAND)

TABLE 80 ASIA PACIFIC: IN-CIRCUIT TEST MARKET, BY COUNTRY, 2023–2028 (USD THOUSAND)

9.3.5.1 China

9.3.5.1.1 Growing automotive industry to boost demand for in-circuit test equipment

TABLE 81 CHINA: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 82 CHINA: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

TABLE 83 CHINA: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 84 CHINA: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

TABLE 85 CHINA: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 86 CHINA: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.3.5.2 Australia

9.3.5.2.1 Rising investments in renewables, distribution infrastructure, and connectivity to drive market

TABLE 87 AUSTRALIA: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 88 AUSTRALIA: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

TABLE 89 AUSTRALIA: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 90 AUSTRALIA: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

TABLE 91 AUSTRALIA: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 92 AUSTRALIA: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.3.5.3 India

9.3.5.3.1 Semiconductor Fabless Accelerator Lab (SFAL) initiative to support market growth

TABLE 93 INDIA: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 94 INDIA: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

TABLE 95 INDIA: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 96 INDIA: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

TABLE 97 INDIA: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 98 INDIA: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.3.5.4 South Korea

9.3.5.4.1 Increase in investments in electric vehicles to induce demand for in-circuit test equipment

TABLE 99 SOUTH KOREA: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 100 SOUTH KOREA: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

TABLE 101 SOUTH KOREA: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 102 SOUTH KOREA: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

TABLE 103 SOUTH KOREA: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 104 SOUTH KOREA: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.3.5.5 Japan

9.3.5.5.1 Demand from consumer electronics industry to drive market

TABLE 105 JAPAN: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 106 JAPAN: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

TABLE 107 JAPAN: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 108 JAPAN: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

TABLE 109 JAPAN: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 110 JAPAN: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.3.5.6 Rest of Asia Pacific

TABLE 111 REST OF ASIA PACIFIC: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 112 REST OF ASIA PACIFIC: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

TABLE 113 REST OF ASIA PACIFIC: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 114 REST OF ASIA PACIFIC: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

TABLE 115 REST OF ASIA PACIFIC: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 116 REST OF ASIA PACIFIC: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.4 EUROPE

FIGURE 39 EUROPE: IN-CIRCUIT TEST MARKET SNAPSHOT

9.4.1 EUROPE: RECESSION IMPACT

9.4.2 BY TYPE

TABLE 117 EUROPE: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 118 EUROPE: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

9.4.3 BY PORTABILITY

TABLE 119 EUROPE: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 120 EUROPE: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

9.4.4 BY APPLICATION

TABLE 121 EUROPE: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 122 EUROPE: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.4.5 BY COUNTRY

TABLE 123 EUROPE: IN-CIRCUIT TEST MARKET, BY COUNTRY, 2017–2022 (USD THOUSAND)

TABLE 124 EUROPE: IN-CIRCUIT TEST MARKET, BY COUNTRY, 2023–2028 (USD THOUSAND)

9.4.5.1 UK

9.4.5.1.1 Investments in wireless communication and automotive sectors to boost market

TABLE 125 UK: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 126 UK: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

TABLE 127 UK: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 128 UK: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

TABLE 129 UK: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 130 UK: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.4.5.2 Germany

9.4.5.2.1 Demand from automotive sector to favor market growth

TABLE 131 GERMANY: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 132 GERMANY: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

TABLE 133 GERMANY: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 134 GERMANY: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

TABLE 135 GERMANY: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 136 GERMANY: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.4.5.3 France

9.4.5.3.1 Increase in renewable power generation to drive market

TABLE 137 FRANCE: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 138 FRANCE: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

TABLE 139 FRANCE: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 140 FRANCE: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

TABLE 141 FRANCE: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 142 FRANCE: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.4.5.4 Italy

9.4.5.4.1 Transition toward 5G network to create conducive environment for market growth

TABLE 143 ITALY: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 144 ITALY: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

TABLE 145 ITALY: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 146 ITALY: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

TABLE 147 ITALY: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 148 ITALY: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.4.5.5 Russia

9.4.5.5.1 Increasing investments in defense sector to drive market

TABLE 149 RUSSIA: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 150 RUSSIA: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

TABLE 151 RUSSIA: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 152 RUSSIA: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

TABLE 153 RUSSIA: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 154 RUSSIA: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.4.5.6 Spain

9.4.5.6.1 Increasing R&D expenditure on energy sector to create opportunities for market players

TABLE 155 SPAIN: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 156 SPAIN: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

TABLE 157 SPAIN: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 158 SPAIN: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

TABLE 159 SPAIN: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 160 SPAIN: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.4.5.7 Rest of Europe

TABLE 161 REST OF EUROPE: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 162 REST OF EUROPE: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

TABLE 163 REST OF EUROPE: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 164 REST OF EUROPE: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

TABLE 165 REST OF EUROPE: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 166 REST OF EUROPE: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.5 MIDDLE EAST & AFRICA

9.5.1 MIDDLE EAST AND AFRICA: RECESSION IMPACT

9.5.2 MIDDLE EAST

9.5.2.1 Increasing investments in defense sector to drive market

9.5.2.2 By country

9.5.2.2.1 Israel

9.5.2.2.2 Saudi Arabia

9.5.2.2.3 UAE

9.5.2.2.4 Qatar

9.5.2.3 By type

TABLE 167 MIDDLE EAST: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 168 MIDDLE EAST: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

9.5.2.4 By portability

TABLE 169 MIDDLE EAST: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 170 MIDDLE EAST: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

9.5.2.5 By application

TABLE 171 MIDDLE EAST: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 172 MIDDLE EAST: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.5.3 AFRICA

9.5.3.1 Rising investments in communication, infrastructure, and network applications to drive market

9.5.3.2 By type

TABLE 173 AFRICA: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 174 AFRICA: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

9.5.3.3 By portability

TABLE 175 AFRICA: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 176 AFRICA: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

9.5.3.4 By application

TABLE 177 AFRICA: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 178 AFRICA: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.6 SOUTH AMERICA

FIGURE 40 SOUTH AMERICA: IN-CIRCUIT TEST MARKET SNAPSHOT

9.6.1 SOUTH AMERICA: RECESSION IMPACT

9.6.2 BY TYPE

TABLE 179 SOUTH AMERICA: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 180 SOUTH AMERICA: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

9.6.3 BY PORTABILITY

TABLE 181 SOUTH AMERICA: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 182 SOUTH AMERICA: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

9.6.4 BY APPLICATION

TABLE 183 SOUTH AMERICA: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 184 SOUTH AMERICA: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.6.5 BY COUNTRY

TABLE 185 SOUTH AMERICA: IN-CIRCUIT TEST MARKET, BY COUNTRY, 2017–2022 (USD THOUSAND)

TABLE 186 SOUTH AMERICA: IN-CIRCUIT TEST MARKET, BY COUNTRY, 2023–2028 (USD THOUSAND)

9.6.5.1 Brazil

9.6.5.1.1 Increasing investments in medical equipment manufacturing to drive market

TABLE 187 BRAZIL: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 188 BRAZIL: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

TABLE 189 BRAZIL: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 190 BRAZIL: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

TABLE 191 BRAZIL: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 192 BRAZIL: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.6.5.2 Argentina

9.6.5.2.1 Rising investments in renewable energy generation to create demand for in-circuit testing

TABLE 193 ARGENTINA: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 194 ARGENTINA: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

TABLE 195 ARGENTINA: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 196 ARGENTINA: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

TABLE 197 ARGENTINA: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 198 ARGENTINA: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

9.6.5.3 Chile

9.6.5.3.1 Increasing investments in wireless communication to drive market

TABLE 199 CHILE: IN-CIRCUIT TEST MARKET, BY TYPE, 2017–2022 (USD THOUSAND)

TABLE 200 CHILE: IN-CIRCUIT TEST MARKET, BY TYPE, 2023–2028 (USD THOUSAND)

TABLE 201 CHILE: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2017–2022 (USD THOUSAND)

TABLE 202 CHILE: IN-CIRCUIT TEST MARKET, BY PORTABILITY, 2023–2028 (USD THOUSAND)

TABLE 203 CHILE: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2017–2022 (USD THOUSAND)

TABLE 204 CHILE: IN-CIRCUIT TEST MARKET, BY APPLICATION, 2023–2028 (USD THOUSAND)

10 COMPETITIVE LANDSCAPE (Page No. - 184)

10.1 OVERVIEW

FIGURE 41 KEY DEVELOPMENTS IN IN-CIRCUIT TEST MARKET, 2018–2023

10.2 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2022

TABLE 205 IN-CIRCUIT TEST MARKET: COMPETITIVE ANALYSIS

FIGURE 42 MARKET SHARE ANALYSIS OF TOP PLAYERS IN IN-CIRCUIT TEST MARKET, 2022

10.3 MARKET EVALUATION FRAMEWORK, 2018–2023

TABLE 206 MARKET EVALUATION FRAMEWORK, 2018–2023

10.4 SEGMENTAL REVENUE ANALYSIS OF TOP MARKET PLAYERS, 2018–2022

FIGURE 43 SEGMENTAL REVENUE ANALYSIS, 2018–2022

10.5 COMPETITIVE SCENARIOS AND TRENDS

10.5.1 PRODUCT LAUNCHES

TABLE 207 IN-CIRCUIT TEST MARKET: OTHERS, 2022

10.5.2 DEALS

TABLE 208 IN-CIRCUIT TEST MARKET: DEALS, 2018–2023

10.6 COMPANY EVALUATION MATRIX

10.6.1 STARS

10.6.2 EMERGING LEADERS

10.6.3 PERVASIVE PLAYERS

10.6.4 PARTICIPANTS

FIGURE 44 IN-CIRCUIT TEST MARKET: COMPANY EVALUATION MATRIX, 2022

TABLE 209 COMPANY TYPE FOOTPRINT

TABLE 210 COMPANY PORTABILITY FOOTPRINT

TABLE 211 COMPANY END-USER FOOTPRINT

TABLE 212 COMPANY REGION FOOTPRINT

11 COMPANY PROFILES (Page No. - 196)

11.1 KEY PLAYERS

(Business overview, Products/Services/Solutions offered, Recent Developments, MNM view)*

11.1.1 TERADYNE INC.

TABLE 213 TERADYNE INC.: COMPANY OVERVIEW

FIGURE 45 TERADYNE INC.: COMPANY SNAPSHOT

TABLE 214 TERADYNE INC.: PRODUCTS OFFERED

TABLE 215 TERADYNE INC.: DEALS

11.1.2 TEST RESEARCH, INC.

TABLE 216 TEST RESEARCH, INC.: COMPANY OVERVIEW

FIGURE 46 TEST RESEARCH, INC.: COMPANY SNAPSHOT

TABLE 217 TEST RESEARCH, INC.: PRODUCTS OFFERED

TABLE 218 TEST RESEARCH, INC.: PRODUCT LAUNCHES

TABLE 219 TEST RESEARCH, INC.: OTHERS

11.1.3 KEYSIGHT TECHNOLOGIES

TABLE 220 KEYSIGHT TECHNOLOGIES: COMPANY OVERVIEW

FIGURE 47 KEYSIGHT TECHNOLOGIES: COMPANY SNAPSHOT

TABLE 221 KEYSIGHT TECHNOLOGIES: PRODUCTS OFFERED

TABLE 222 KEYSIGHT TECHNOLOGIES: PRODUCT LAUNCHES

TABLE 223 KEYSIGHT TECHNOLOGIES: DEALS

TABLE 224 KEYSIGHT TECHNOLOGIES: OTHERS

11.1.4 HIOKI E.E. CORPORATION

TABLE 225 HIOKI E.E. CORPORATION: COMPANY OVERVIEW

FIGURE 48 HIOKI E.E. CORPORATION: COMPANY SNAPSHOT

TABLE 226 HIOKI E.E. CORPORATION: PRODUCTS OFFERED

TABLE 227 HIOKI E.E. CORPORATION: PRODUCT LAUNCHES

TABLE 228 HIOKI E.E. CORPORATION: OTHERS

11.1.5 KYORITSU ELECTRIC CORPORATION

TABLE 229 KYORITSU ELECTRIC CORPORATION: COMPANY OVERVIEW

FIGURE 49 KYORITSU ELECTRIC CORPORATION: COMPANY SNAPSHOT

TABLE 230 KYORITSU ELECTRIC CORPORATION: PRODUCTS OFFERED

11.1.6 DIGITALTEST GMBH

TABLE 231 DIGITALTEST GMBH: COMPANY OVERVIEW

TABLE 232 DIGITALTEST GMBH: PRODUCTS OFFERED

TABLE 233 DIGITALTEST GMBH: DEALS

TABLE 234 DIGITALTEST GMBH: OTHERS

11.1.7 SPEA S.P.A.

TABLE 235 SPEA S.P.A.: COMPANY OVERVIEW

TABLE 236 SPEA S.P.A.: PRODUCTS OFFERED

TABLE 237 SPEA S.P.A.: DEALS

TABLE 238 SPEA S.P.A.: OTHERS

11.1.8 KONRAD GMBH

TABLE 239 KONRAD GMBH: COMPANY OVERVIEW

TABLE 240 KONRAD GMBH: PRODUCTS OFFERED

TABLE 241 KONRAD GMBH: DEALS

TABLE 242 KONRAD GMBH: OTHERS

11.1.9 TESTRONICS

TABLE 243 TESTRONICS: COMPANY OVERVIEW

TABLE 244 TESTRONICS: PRODUCTS OFFERED

11.1.10 CONCORD TECHNOLOGY LIMITED

TABLE 245 CONCORD TECHNOLOGY LIMITED: COMPANY OVERVIEW

TABLE 246 CONCORD TECHNOLOGY LIMITED: PRODUCTS OFFERED

11.1.11 OKANO ELECTRIC CO., LTD

TABLE 247 OKANO ELECTRIC CO., LTD: COMPANY OVERVIEW

TABLE 248 OKANO ELECTRIC CO., LTD: PRODUCTS OFFERED

11.1.12 S.E.I.C.A. S.P.A.

TABLE 249 S.E.I.C.A. S.P.A.: COMPANY OVERVIEW

TABLE 250 S.E.I.C.A. S.P.A.: PRODUCTS OFFERED

TABLE 251 S.E.I.C.A. S.P.A.: DEALS

11.1.13 CHECKSUM

TABLE 252 CHECKSUM: COMPANY OVERVIEW

TABLE 253 CHECKSUM: PRODUCTS OFFERED

11.1.14 REINHARDT SYSTEM- UND MESSELECTRONIC GMBH

TABLE 254 REINHARDT SYSTEM- UND MESSELECTRONIC GMBH: COMPANY OVERVIEW

TABLE 255 REINHARDT SYSTEM- UND MESSELECTRONIC GMBH: PRODUCTS OFFERED

11.1.15 ACCULOGIC

TABLE 256 ACCULOGIC: COMPANY OVERVIEW

TABLE 257 ACCULOGIC: PRODUCTS OFFERED

*Details on Business overview, Products/Services/Solutions offered, Recent Developments, MNM view might not be captured in case of unlisted companies.

11.2 OTHER PLAYERS

11.2.1 TEST COACH COMPANY, LLC

11.2.2 SHENZHEN PTI TECHNOLOGY CO. LTD.

11.2.3 VITAL ELECTRONICS & MANUFACTURING CO.

11.2.4 KUTTIG ELECTRONIC GMBH

11.2.5 TELIGENTEMS

12 APPENDIX (Page No. - 236)

12.1 INSIGHTS FROM INDUSTRY EXPERTS

12.2 DISCUSSION GUIDE

12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL

12.4 CUSTOMIZATION OPTIONS

12.5 RELATED REPORTS

12.6 AUTHOR DETAILS

The study involved major activities in estimating the current size of the in-circuit test market. Exhaustive secondary research was done to collect information on the peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the total market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of the segments and subsegments.

Secondary Research

This research study on the in-circuit test market involved the use of extensive secondary sources, directories, and databases, such as Bloomberg, Factiva, IRENA, International Energy Agency, Statista Industry Journal, and Consumer Electronics Association, to collect and identify information useful for a technical, market-oriented, and commercial study of the in-circuit test market. The other secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.

Primary Research

The in-circuit test market comprises several stakeholders, such as in-circuit test manufacturers, technology providers, and technical support providers in the supply chain. The demand side of this market is characterized by the rising demand for in-circuit test in automotive, aerospace, defense & government services, wireless communication & infrastructure, consumer electronics, medical equipment manufacturing and energy sector applications. The supply side is characterized by rising demand for contracts from the industrial sector and mergers & acquisitions among big players. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:

In-Circuit Test Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the in-circuit test market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

The key players in the industry and market have been identified through extensive secondary research, and their market share has been determined through primary and secondary research.
The industry’s value chain and market size, in terms of value, have been determined through both primary and secondary research processes.
All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

In-circuit test Market Size: Top-Down Approach

In-Circuit Test Market Size, and Share

Data Triangulation

After arriving at the overall market size from the above estimation process, the total market has been split into several segments and subsegments. Data triangulation and market breakdown processes have been employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and sub-segments, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand- and supply sides. Along with this, the market has been validated using both the top-down and bottom-up approaches.

Market Definition

In-circuit test (ICT) is a method of electronic component testing that involves checking the electrical integrity and functionality of printed circuit boards (PCBs) or electronic assemblies while they are still assembled. The purpose of ICT is to identify faults or defects in the circuitry, such as open circuits, short circuits, incorrect components, or faulty connections.

The growth of the in-circuit test market during the forecast period can be attributed to the rising demand for PCB and PCB assemblies for the electronic applications across major countries in North America, Europe, Asia Pacific, South America, and Middle East & Africa.

Key Stakeholders

Assembly, testing, and packaging vendors
Companies related to the consumer electronics industry
Companies related to the automotive electronics industry
Wireless communication and infrastructure companies
Consulting companies in the energy and power sector
Government and research organizations
Investment banks
Third party testing companies
In-circuit test equipment manufacturers, dealers, and suppliers
Medical equipment manufacturing companies
Organizations, forums, alliances, and associations
State and national regulatory authorities
Venture capital firms

Objectives of the Study

To define, describe, segment, and forecast the in-circuit test market on the basis of type, application, portability, and region.
To provide a detailed analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
To strategically analyze the in-circuit test market with respect to individual growth trends, future expansions, and contribution of each segment to the market
To analyze the market opportunities for stakeholders and to describe the competitive landscape for market leaders
To forecast the growth of the in-circuit test market with respect to the major regions (North America, South America, Asia Pacific, Europe, and Middle East & Africa)
To strategically profile key players and comprehensively analyze their market ranking and core competencies*
To track and analyze competitive developments such as contracts & agreements, investments & expansions, new product developments, partnerships & collaborations, and mergers & acquisitions in the in-circuit test market

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report: