The In-circuit tester market has been exhibiting growth at a positive rate. This growth trend is projected to continue in the coming years as well. The market will be driven by the increasing usage of testers to detect the manufacturing defects across various end-use industries. Some of these industries are automotive, consumer electronics, and others. Also, the increasing demand for smart electronic applications will create scope for the expansion of the market.
In its latest edition of report on in-circuit tester market, ESOMAR-certified market research and consulting firm Future Market Insights offers insights into key factors fueling the demand. The report tracks global sales in 20+ high-growth markets, where Asia, North America, and Europe lead the way, along with analyzing the impact COVID-19 has had on the automobile and electronic industries in general, and in-circuit tester market in particular.
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Manufacturers within the market are providing a comprehensive range of functional test solutions for end use industries to help and cut down on product development and manufacturing lifecycle time. Choosing the correct in-circuit tester for specific application can be difficult for industries. Hence manufacturers are focusing on improving features and efficiency levels to cater to the specific industry requirements.
The market is likely to gain significantly from the launch of automated in-circuit tester in the near future, meant to handle various functions within emergency systems. This will not only help end-use industries tackle manufacturing defects but will ascertain end users zero-error operations with low maintenance and extended life. Some of the leading manufacturers have already launched automated in-circuit tester, and several others are likely to follow suit to keep pace with the dynamic environment.
According to Future Market Insights analysis, in-circuit tester valve sales is expected grow over 4.9% CAGR from 2021 to 2031. In-circuit testers have been consistently employed in automotive, consumer electronics, and network & communication industries. Owing to the ongoing crisis caused by the COVID-19 pandemic, production and supply chain activities have seen a minor slump, yet consumption is expected to improve with economic recovery post the containment period following the pandemic.
The COVID-19 pandemic has had a severe impact on the global economy at various levels, and the impact is seen on end-use industries as well. The growth of the in-circuit tester market is also projected to be affected by the COVID-19 pandemic crisis, and witnessed a significant plunge in 2020. With a number of end-use industries affected in regions such as North America, East Asia, and Asia Pacific, supply and shortage in demand were experienced. Yet, Future Market Insights expects the global in-circuit tester market to expand at over 4.9 % CAGR through 2031.
In-circuit testers are mostly used in the automotive and consumer electronic industries for testing a populated printed circuit board (PCB), checking for shorts, opens, resistance, capacitance, and performing other basic functions to help manufacturers examine whether the assembly was correctly fabricated.
These testers outperform traditional methods by offering increased durability, reliability, and lower ownership cost. In-circuit tester is designed to minimize wear, ensure lower maintenance cost, and extend service life. Also, detecting the manufacturing defect to help industrial units operate reliably at top efficiency, across the end use industries.
Some of the leading manufacturers are investing in research & development activities to manufacture advanced and automated in-circuit tester. Competitive price offerings, increase in end-user satisfaction regarding performance, and use of advanced technologies are the end results of R&D activities. Increasing research & development through collaboration or partnerships helps companies launch new and innovative products in the market.
Moreover, establishing sales and service facilities in emerging countries, coupled with long-term partnerships with regional distributors also paves the way for expansion of channel reach.
Why is China Considered a Leading In-circuit tester Market? Future Market Insights has projected East Asia to remain one of the most lucrative markets throughout the course of the forecast period. One of the key factors supporting growth of the market is consistently rising demand from automotive electronics, consumer electronics industries in countries such as China. China is the largest consumer of In-circuit tester, due to high need in electronics industry to produce printed circuit boards, one of the integral part of electronics parts. It is expected that China will remain dominant throughout the forecast period 2021h2031. Why is Germany Considered a Lucrative In-circuit Tester Market? Being the largest shareholder in the Europe region, the Germany in-circuit tester market is pegged to grow at little below 5% CAGR during 2021 to 2031. In recent years, manufacturers have been gradually developing a new customer base in the country. As the Germany automotive and consumer electronics sector is expanding consistently, demand for in-circuit tester is expected to increase. According to a study by Fujitsu, the German automotive industry’s total turnover stood at about 405 billion euros. With the automotive sector expected to grow further, coupled with increasing focus on driver’s safety will increase the use of in-circuit tester within Germany. How is India Faring in the In-circuit tester Landscape? India is the largest market for in-circuit tester in the South Asia & Pacific. The automotive and consumer electronics has emerged as important end users in the country. India is pegged to expand at a CAGR of around 4.9% during 2021 to 2031, which is considerable growth rate considering South Asia & Pacific. The rising demand for smart electronic solutions have led to substantial growth of the India in-circuit tester market, and trend that will continue through 2031. What are the Prospects In-circuit tester Sales in GCC Countries? GCC countries such as Saudi Arabia, the United Arab Emirates, Bahrain, Kuwait, Oman, and Qatar h. Rapid growth in the adoption rate has been exhibiting high demand for electronic products, such as smartphones, flat screen TVs, smartphones, and others. This is boosting the market considerably. The market in GCC countries is pegged to expand at a CAGR of 3.8% during 2021 to 2031, which is highest growth rate in the region. Why are In-circuit tester Manufacturers Eyeing Brazil? Brazil is expected to offer increasing scope for expansion of the market. The increased demand from automotive and consumer electronic industries will support growth in the country. The demand for electric vehicles is followed by increase in demand for low-emission and high-performance vehicle across the country. It was reported by Auto.com that Anfavea, which represents vehicle manufacturers within Brazil, has revealed that the sector produced 210,900 in August, which recorded 23.6% improvement from that of July. With automotive manufacturing recovering post COVID-19, albeit at a slower pace, the demand for in-circuit tester is expected to increase significantly.
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With highly sophisticated features and ease in testing of printed circuit boards multimode flying probe tester is expected to hold significant share in the global In-circuit tester market. Flying probe testers have high productivity. More number of circuit boards are tested within a considerable time compared with inline testers. In global In-circuit tester market there are many variants available for flying probe testers for choosing accurate one for the testing.
ICT is holds leading share in the global In-circuit tester market but FCT is expected to grow at high CAGR due to increased necessity of functional testing in all applications. Without functional test not a single board is allowed for post process of any manufacturing industry. MDA as defect sensing application where Multimode Flying Probe Tester are preferred extensively to detect the defect easily, within a small tenure.
The automotive electronics sector has witnessed substantial growth due to use of printed circuit boards in robots, automotive vehicles, and other automotive products. Obligatory need of in-circuit testers for functional testing of powertrains and hybrid electronics systems is pushing the growth in the segment.
Compact type portability is expected to grow at a high rate owing to the increasing adoption in e printed circuit board manufacturing industries. Compact type In-Circuit testers are capable of overcoming different testing issues while supporting high maintainability. Driven by these factors compact type portability is expected to grow at a high rate during the forecast period.
To simplify controlling circuit boards while testing, vacuum type fixtures are used. Vacuum fixture type holds more than 1/3rd of the global in-circuit tester market.
Automatic mode type is gaining traction because it enables accurate and prompt in-circuit testing of printed circuit boards. Automatic mode type is projected to remain the dominant segment due to high productivity, accuracy, and other sophisticated features it offers in comparison to other mode types.
According to the research conducted by Future Market Insights, in-circuit tester market is projected to witness a substantial growth in the forecast period of 2021 to 2031. Growth will be driven by the increasing application in end-use industries such as automotive, industrial, and consumer electronics. Obligatory use of in-circuit testers in printed circuit boards within the manufacturing industry is anticipated to continue enabling growth in the market.
The in-circuit tester market is a moderately competitive in nature. Market players are focusing on the manufacturing of cost-competitive products to gain impetus. Some of the players are focusing on carving a niche for specific demographics, where key players hold major market value share. Product launches therefore continue to remain one of the key strategies adopted by companies operating in the market.
For instance:
Some of the leading companies operating in the market are:
*The list is not exhaustive, and only for representational purposes. Full competitive intelligence with SWOT analysis available in the report.
Attribute | Details |
---|---|
Forecast Period | 2021 to 2031 |
Historical Data Available for | 2016 to 2020 |
Market Analysis | USD Million for Value and Units for Volume |
Key Regions Covered | North America; Latin America; Europe; South Asia & Pacific; East Asia; and the Middle East & Africa |
Key Countries Covered | USA, Canada, Germany, UK, France, Italy, Spain, Russia, China, Japan, South Korea, India, ASEAN, Australia & New Zealand, Turkey, and South Africa |
Key Segments Covered | Product, Portability, Application, Fixture, Mode, End-use, and Region. |
Key Companies Profiled | Teradyne Inc.; Keysight Technologies; SPEA S.p.A; Test Research, Inc.; Digitaltest GmbH; Hioki E.E. Corporation; Acculogic Inc.; Kyoritsu Test System Corporation; Konrad GmbH; Seica S.p.A; Columbia Elektronik AB |
Report Coverage | Market Forecasts, Brand Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
China currently leads the global market for in-circuit tester market. Sales in the country will be at over 15% of total global demand throughout the forecast period.
In-line testers have been witnessing high demand across end-use industries. This is expected to continue through the coming years, especially due to their efficiency in wide range of end-use industry applications and intense penetration in all regions.
In-circuit testers are widely used in automotive electronics. They help in creating smarter automobiles capable of detecting and alerting drivers to any defects.
Some of the leading companies manufacturing in-circuit tester are Teradyne Inc., Keysight Technologies, Test Research, Inc., and SPEA S.p.A etc.
In-circuit test (ICT) is increasingly used across various industries. ICT is reliable, and supports high-quality and high-volume testing.
1. Executive Summary 2. Market Overview 3. Key Market Trends 4. Key Success Factors 5. Global In-Circuit Tester Market Demand Analysis 2016 to 2020 and Forecast, 2021 to 2031 6. Global In-Circuit Tester Market - Pricing Analysis 7. Global In-Circuit Tester Market Demand (in Value or Size in USD Million) Analysis 2016 to 2020 and Forecast, 2021 to 2031 8. Market Background 9. Global In-Circuit Tester Market Analysis 2016 to 2020 and Forecast 2021 to 2031, by Product Type 9.1. Multimode Flying Probe Tester 9.2. In-Line Tester 10. Global In-Circuit Tester Market Analysis 2016 to 2020 and Forecast 2021 to 2031, by Portability Type 10.1. Benchtop 10.2. Compact 11. Global In-Circuit Tester Market Analysis 2016 to 2020 and Forecast 2021 to 2031, by Mode 11.1. MDA 11.2. ICT 11.3. FICT 12. Global In-Circuit Tester Market Analysis 2016 to 2020 and Forecast 2021 to 2031, by Fixture Type 12.1. Vacuum 12.2. Pneumatic 12.3. Mechanical 13. Global In-Circuit Tester Market Analysis 2016 to 2020 and Forecast 2021 to 2031, by Mode 13.1. Semi-Automatic 13.2. Automatic 14. Global In-Circuit Tester Market Analysis 2016 to 2020 and Forecast 2021 to 2031, by End Use 14.1. Automotive Electronics 14.2. Consumer Electronics 14.3. Medical Equipment 14.4. Defense and Aerospace Electronics 14.5. Power Generation, Storage and Distribution 14.6. Network and Communications 14.7. Computers and Peripheral Devices 14.8. Industrial Electronics 15. Global In-Circuit Tester Market Analysis 2016 to 2020 and Forecast 2021 to 2031, by Region 15.1. North America 15.2. Latin America 15.3. Europe 15.4. South Asia & Pacific 15.5. East Asia 15.6. Middle East & Africa (MEA) 16. North America In-Circuit Tester Market Analysis 2016 to 2020 and Forecast 2021 to 2031 17. Latin America In-Circuit Tester Market Analysis 2016 to 2020 and Forecast 2021 to 2031 18. Europe In-Circuit Tester Market Analysis 2016 to 2020 and Forecast 2021 to 2031 19. South Asia In-Circuit Tester Market Analysis 2016 to 2020 and Forecast 2021 to 2031 20. East Asia In-Circuit Tester Market Analysis 2016 to 2020 and Forecast 2021 to 2031 21. Middle East and Africa In-Circuit Tester Market Analysis 2016 to 2020 and Forecast 2021 to 2031 22. Key and Emerging Countries In-Circuit Tester Market Analysis 23. Market Structure Analysis 24. Competition Analysis 24.1. Teradyne Inc. 24.2. Acculogic Inc. 24.3. Keysight Technologies 24.4. Test Research, Inc. 24.5. SPEA 24.6. Digitaltest GmbH 24.7. HIOKI E.E. CORPORATION 24.8. KYORITSU Test System Corporation 24.9. Konrad GmbH 24.10. Seica S.p.A 24.11. Columbia Elektronik AB 25. Assumptions and Acronyms Used 26. Research Methodology
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