In-Circuit Tester Market Size, Share, Trends and Growth Report – Global Opportunities & Forecast, 2023-2030
Analysts at GMI Research estimates that the In-circuit Tester Market was worth USD 1,187 million in 2022, and forecast to touch USD 1,551 million in 2030, growing at a CAGR of 3.4% from 2023-2030.
In-Circuit Tester Market Overview
A circuit tester is a device plugged into an electrical socket to make it wired correctly. A circuit tester is a series of lights that shows the state of the wiring the outlet so that the technician can verify that it has been installed correctly. A circuit tester is also known as a receptacle tester.
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In-Circuit Tester Market Drivers
The factors driving the global In-Circuit tester market include increased durability, reliability, and lower ownership cost of the product. It is designed to minimize wear, ensure lower maintenance costs, and extend service life. It also helps in detecting manufacturing defects to ensure industrial units operate reliably at top efficiency. These factors will further create demand for the in-circuit market.
Moreover, the in-circuit tester has several uses in aerospace, automotive electronics, medical equipment, consumer electronic, and others which is further propelling the market growth of the In-circuit tester over the forecast period. In addition, investment in research and development activities to manufacture advanced and automated in-circuit testers using advanced technology will propel the market growth. For instance, Kyoritsu Electric offers a product called ALMAX in-circuit tester, which is fully automated for high volume production and reduces labor costs.
Restraint in the In-Circuit Tester Market
However, high-cost associated with in-circuit tester manufacturing lifecycle and product development issues may hamper the global In-Circuit Tester market. Additionally, circuit testers cannot detect a reversed neutral and ground wire, where the neutral and ground pins are wired together, further restricting the market growth.
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Portability – Segment Analysis
Based on the Portability, the compact segment is expected to grow at the fastest rate in the global In-Circuit Tester market during the forecast period owing to the surge in adoption of electronics in automotive, aerospace, and consumer electronics which requires compact printed circuit board. Compact systems provide optimal solutions such as analog and digital in-circuit tests, digital & power functional tests, boundary scan type tests, digital component programming, and high voltage test. For instance, Seica provides compact line products with high performance, flexibility, and throughput. It is designed to maximize configurability to meet the most diverse test requirement. Its in-circuit tester is a fully automated test solution which can be directly integrated into production line.
Application – Segment Analysis
Based on the Application, consumer electronics is projected to capture the largest market share over the forecast period in the global In-Circuit Tester market due to the numerous opportunities in in-circuit test equipment with rising demand for TV sets, smartphones, computers, and other household appliances. The rising application in smart electronics with AI and machine learning capabilities will drive new opportunities for the industry.
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Regional – Segment Analysis:
Based on the region, Asia Pacific region is expected to capture a significant market share in the global In-Circuit Tester market. The increasing disposable income of consumers and expenditure on consumer electronics in countries such as China, Japan, and India are expected to drive the market demand. The rising demand for consumer electronics such as home appliances, and high penetration of smartphones due to presence of high population is the factor for the growth of in-circuit test market. According to GSMA, Asia pacific smartphone penetration in 2019 was 64% in which China holds the 72% of it share. This factor will create demand for the adoption of in-circuit tester in the Asia Pacific region.
Top Market Players
Various notable players operating in the market include Teradyne Inc., Hioki E.E. Corporation, Spea S.p,A, Kyoritsu Test System, PTI Technology Co. Ltd., Acculogic Inc., Digitaltest GmbH, Konrad GmbH, Seica S.p.A, Keysight Technologies, among others.
Key Developments:
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- In 2020, Hioki E.E. Corporation launched an in-circuit tester FA 1220-02. It is a space-saving design system generating pass/fail judgments for circuit boards. It will help in reducing man hours and workload and improve productivity in populated production environments.
- In 2019, Teradyne collaborated with Silan Microelectronics on testing automotive and high-power electronics. The collaboration will allow customers with one test platform as product requirements change while supporting both industries leading quality of test and throughput.
Segments covered in the Report:
The global In-Circuit Tester market has been segmented on the basis of Portability, Application, Product, Fixture and regions. Based on Portability, the market is segmented into Compact, Benchtop. Based on Application, the market is segmented into Aerospace, Defence & Government Services, Wireless Communication & Infrastructure, Medical Equipment, Consumer Electronics. Based on Product, the market is segmented into Multimode Flying Probe Tester, In-Line Tester. Based on Fixture the market is segmented into Vacuum, Pneumatic, Mechanical.
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Report Coverage |
Details |
Market Revenues (2022) |
USD 1,187 million |
Market Base Year |
2022 |
Market Forecast Period |
2023-2030 |
Base Year & Forecast Units |
Revenues (USD million) |
Market Segment | By Portability, By Application, By Product, By Fixture, By Region |
Regional Coverage | Asia Pacific, Europe, North America, and RoW |
Companies Profiled | Teradyne Inc., Hioki E.E. Corporation, Spea S.p,A, Kyoritsu Test System, PTI Technology Co. Ltd., Acculogic Inc., Digitaltest GmbH, Konrad GmbH, Seica S.p.A, Keysight Technologies, among others; a total of 10 companies covered. |
25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Global In-Circuit Tester Market by Portability
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- Compact
- Benchtop
Global In-Circuit Tester Market by Application
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- Aerospace
- Defence & Government Services
- Wireless Communication & Infrastructure
- Medical Equipment
- Consumer Electronics
Global In-Circuit Tester Market by Product
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- Multimode Flying Probe Tester
- In-Line Tester
Global In-Circuit Tester Market by Fixture
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- Vacuum
- Pneumatic
- Mechanical
Global In-Circuit Tester Market by Region
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North America In-Circuit Tester Market (Option 1: As a part of the free 25% customization)
- by Portability
- by Application
- by Product
- by Fixture
- US Market All-Up
- Canada Market All-Up
-
Europe In-Circuit Tester Market (Option 2: As a part of the free 25% customization)
- by Portability
- by Application
- by Product
- by Fixture
- UK Market All-Up
- Germany Market All-Up
- France Market All-Up
- Spain Market All-Up
- Rest of Europe Market All-Up
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Asia-Pacific In-Circuit Tester Market (Option 3: As a part of the free 25% customization)
- by Portability
- by Application
- by Product
- by Fixture
- China Market All-Up
- India Market All-Up
- Japan Market All-Up
- Rest of APAC Market All-Up
-
RoW In-Circuit Tester Market (Option 4: As a part of the free 25% customization)
- by Portability
- by Application
- by Product
- by Fixture
- Brazil Market All-Up
- South Africa Market All-Up
- Saudi Arabia Market All-Up
- UAE Market All-Up
- Rest of world (remaining countries of the LAMEA region) Market All-Up
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Major Players Operating in the In-Circuit Tester (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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- Teradyne Inc.
- Hioki E.E. Corporation
- Spea S.p,A
- Kyoritsu Test System
- PTI Technology Co. Ltd.
- Acculogic Inc.
- Digitaltest GmbH
- Konrad GmbH
- Seica S.p.A
- Keysight Technologies
Frequently Asked Question About This Report
In-circuit Tester Market [UP2540-001001]
Various notable players operating in the market include Teradyne Inc., Hioki E.E. Corporation, Spea S.p,A, Kyoritsu Test System, PTI Technology Co. Ltd., Acculogic Inc., Digitaltest GmbH, Konrad GmbH, Seica S.p.A, Keysight Technologies, among others.
The factors driving the global In-Circuit Tester market include increased durability, reliability, and lower ownership cost of the product. It is designed to minimize wear, ensure lower maintenance costs, and extend service life.
Consumer electronics segment is anticipated to grow at faster CAGR in In-Circuit Tester Market due to the numerous opportunities in in-circuit test equipment with rising demand for TV sets, smartphones, computers, and other household appliances.
The market size of In-Circuit Tester Market in 2022 is 1,187 million.
- Published Date: Jul-2023
- Report Format: Excel/PPT
- Report Code: UP2540-001001
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Report is shared with unlimited user (employees) of the purchasing corporation only
The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
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Report is shared with unlimited user (employees) of the purchasing corporation only
In-Circuit Tester Market Size, Share, Trends and Growth Report – Global Opportunities & Forecast, 2023-2030
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