In Circuit Test Market | Covid-19 Impact Analysis

In-Circuit Test Market Insights

In-circuit test market is likely to witness a steady CAGR of 4.8% during the forecast period. Impressive growth in adoption of IOT, AI, and cloud-based computing technologies is generating huge demand for the in-circuit test market, globally.

Market Share Analysis

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In-Circuit Test Market Share: By Portability Type

Based on the portability type, the in-circuit test market is segmented as compact in-circuit test and benchtop in-circuit test. The compact in-circuit test segment is expected to be the larger segment of the market during the forecast period. Surging adoption of advanced electronics in the automotive, aerospace and consumer electronics sectors is generating high demand for compact PCBs and hence, driving the growth of the segment.

In-Circuit Test Market Share: By Application Type

Based on the application type, the in-circuit test market is segmented as consumer electronics, aerospace, defense & government services, medical equipment manufacturing, wireless communication, and others. The consumer electronics segment is expected to remain the largest segment during the forecast period. Increasing demand for TV sets, telephone systems, computers, and other household appliances, owing to large population and increasing manufacturing units in countries such as China, is bolstering the in-circuit test market for consumer electronics applications.

In-Circuit Test Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the largest market for in-circuit tests during the forecast period. The high demand for in-circuit tests in this region is attributed to the growth in the consumer electronics market due to a large number of smartphone users and electronic appliance users, presence of top consumer electronic producers in economies such as China, South Korea, and Japan and increasing income in these economies.

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Some of the major players in the in-circuit test market are-

• Teradyne Inc
• Keysight Technologies
• Digitaltest GmbH
• Acculogic Inc.
• Test Reaserch Inc.
• Hioki E.E Corporation
• Konrad GmbH
• Checksum
• S.E.I.C.A. S.P.A.
• Spea S.P.A.

Market Scope & Segmentation

A white-box testing, where an electrical probe tests a densely populated printed circuit board, scrutinizing opens, shorts, capacitance, resistance, apart from other basic parameters which will reflect whether the assembly was properly fabricated or not defines an in-circuit test. It has extensive application in consumer electronics, aerospace, defense, medical equipment, wireless communication, etc.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The in-circuit test market is segmented into the following categories. 

In-Circuit Test Market Size, Share, & Forecast, by Application Type:

• Consumer Electronics (Regional Analysis: North America, Europe, Asia-Pacific, South America and The Middle East & Africa)
• Aerospace, Defense & Government Services (Regional Analysis: North America, Europe, Asia-Pacific, South America and The Middle East & Africa)
• Medical Equipment Manufacturing (Regional Analysis: North America, Europe, Asia-Pacific, South America and The Middle East & Africa)
• Wireless Communication (Regional Analysis: North America, Europe, Asia-Pacific, South America and The Middle East & Africa)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, South America and The Middle East & Africa)

In-Circuit Test Market Size, Share, & Forecast, by Type:

• Analog In-Circuit Test (Regional Analysis: North America, Europe, Asia-Pacific, South America and The Middle East & Africa)
• Mixed In-Circuit Test (Regional Analysis: North America, Europe, Asia-Pacific, South America and The Middle East & Africa)

In-Circuit Test Market Size, Share, & Forecast, by Portability Type:

• Compact In-Circuit Test (Regional Analysis: North America, Europe, Asia-Pacific, South America and The Middle East & Africa)
• Benchtop In-Circuit Test (Regional Analysis: North America, Europe, Asia-Pacific, South America and The Middle East & Africa)

In-Circuit Test Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• South America (Country Analysis: Brazil, Argentina, and Rest of South America)
• The Middle East & Africa (Sub-Region Analysis: The Middle East and Africa)

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Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the types by application type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].