Global In-Circuit Testers & Functional Testers Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global In-Circuit Testers & Functional Testers Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global In-Circuit Testers & Functional Testers market size was valued at USD 491.4 million in 2022 and is forecast to a readjusted size of USD 687.3 million by 2029 with a CAGR of 4.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Keysight is the largest manufacturers of In-Circuit Testers & Functional Testers in the world, has a share about 30%. Other players include Teradyne, TRI, Hioki and SPEA, etc.

Asia-Pacific is the largest revenue market by region, has a share over 70%, followed by Europe and North America, with share approximately 10% Based on the different product type, In-Circuit Tester is the largest segment, with a share about 50%. And in terms of application, the largest application is Telocom and IoT, with a share over 30%.

In-Circuit Tester is an equipment for printed circuit board test. Using a bed of nails in-circuit test equipment it is possible gain access to the circuit nodes on a board and measure the performance of the components regardless of the other components connected to them. PCB functional testing is the most comprehensive testing regimen for determining whether a manufactured board can leave the factory and be shipped to the customer. The goal is to identify manufacturing defects that affect reliability, missing or incorrect components, and opens/shorts in nets or solder connections.

This report is a detailed and comprehensive analysis for global In-Circuit Testers & Functional Testers market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global In-Circuit Testers & Functional Testers market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029

Global In-Circuit Testers & Functional Testers market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029

Global In-Circuit Testers & Functional Testers market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029

Global In-Circuit Testers & Functional Testers market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for In-Circuit Testers & Functional Testers

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global In-Circuit Testers & Functional Testers market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Keysight, Teradyne, TRI, Hioki and SPEA, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

In-Circuit Testers & Functional Testers market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
In Circuit Tester
Functional Tester
Hybrid Testers

Market segment by Application
Automotive
Defense and Aerospace
Consumer Electronics and Home Appliance
Medical
Telocom and IoT
Industrial Automation
Energy
Others

Major players covered
Keysight
Teradyne
TRI
Hioki
SPEA
Digitaltest
Okano
ADSYS Technologies
PTI
Kyoritsu
Jet Technology
Seica
SRC
Checksum
Acculogic
Concord
Shindenshi
Qmax Test Equipments
MEL Systems and Services

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe In-Circuit Testers & Functional Testers product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of In-Circuit Testers & Functional Testers, with price, sales, revenue and global market share of In-Circuit Testers & Functional Testers from 2018 to 2023.

Chapter 3, the In-Circuit Testers & Functional Testers competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the In-Circuit Testers & Functional Testers breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and In-Circuit Testers & Functional Testers market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of In-Circuit Testers & Functional Testers.

Chapter 14 and 15, to describe In-Circuit Testers & Functional Testers sales channel, distributors, customers, research findings and conclusion.