Evaluation Board Market Report: Trends, Forecast and Competitive Analysis to 2030

Evaluation Board Market Report: Trends, Forecast and Competitive Analysis to 2030

Evaluation Board Trends and Forecast

The future of the global evaluation board market looks promising with opportunities in the consumer electronics, automotive, industrial automation, healthcare, and aerospace and defense markets. The global evaluation board market is expected to reach an estimated $7.3 billion by 2030 with a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are high adoption of new technologies, such as artificial intelligence, machine learning, and internet of things, as well as, rising demand for electronic devices in a variety of industries, such as consumer electronics, automotive, and industrial automation.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Evaluation Board by Segment

The study includes a forecast for the global evaluation board by type, technology, application, and region.

Evaluation Board Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• General-Purpose Evaluation Boards
• Application-Specific Evaluation Boards

Evaluation Board Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Microcontroller-Based
• DSP-Based
• FPGA-Based
• Analog-Based

Evaluation Board Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Consumer Electronics
• Automotive
• Industrial Automation
• Healthcare
• Aerospace & Defense
• Others

Evaluation Board Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Evaluation Board Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies evaluation board companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the evaluation board companies profiled in this report include-

• Analog Devices
• Infineon Technologies
• Integrated Device Technology
• Maxim Integrated
• NXP Semiconductors
• STMicroelectronics
• Texas Instruments

Evaluation Board Market Insights

Lucintel forecasts that general-purpose evaluation boards is expected to witness highest growth over the forecast period because of test and evaluation for a wider range of electronic components and circuits.

North America is expected to witness largest region over the forecast period due to the presence of a large number of electronic device manufacturers.

Features of the Global Evaluation Board Market

Market Size Estimates: Evaluation board market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Evaluation board market size by type, technology, application, and region in terms of value ($B).

Regional Analysis: Evaluation board market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, technology, application, and regions for the evaluation board market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the evaluation board market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the evaluation board market size?

Answer: The global evaluation board market is expected to reach an estimated $7.3 billion by 2030.

Q.2 What is the growth forecast for evaluation board market?

Answer: The global evaluation board market is expected to grow with a CAGR of 10.2% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the evaluation board market?

Answer: The major drivers for this market are high adoption of new technologies, such as artificial intelligence, machine learning, and internet of things, as well as, rising demand for electronic devices in a variety of industries, such as consumer electronics, automotive, and industrial automation.

Q4. What are the major segments for evaluation board market?

Answer: The future of the global evaluation board market looks promising with opportunities in the consumer electronics, automotive, industrial automation, healthcare, and aerospace and defense markets.

Q5. Who are the key evaluation board market companies?

Answer: Some of the key evaluation board companies are as follows:

• Analog Devices
• Infineon Technologies
• Integrated Device Technology
• Maxim Integrated
• NXP Semiconductors
• STMicroelectronics
• Texas Instruments

Q6. Which evaluation board market segment will be the largest in future?

Answer: Lucintel forecasts that general-purpose evaluation boards is expected to witness highest growth over the forecast period because of test and evaluation for a wider range of electronic components and circuits.

Q7. In evaluation board market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness largest region over the forecast period due to the presence of a large number of electronic device manufacturers.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the evaluation board market by type (general-purpose evaluation boards and application-specific evaluation boards), technology (microcontroller-based, DSP-based, FPGA-based, and analog-based), application (consumer electronics, automotive, industrial automation, healthcare, aerospace & defense, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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