Dublin, Oct. 30, 2020 (GLOBE NEWSWIRE) -- The "In-Circuit Test - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
Global In-Circuit Test Market accounted for $1 billion in 2019 and is expected to reach $1.71 billion by 2027, growing at a CAGR of 6.9% during the forecast period.
Increasing adoption of cloud computing & IOT devices and growing adoption of HDI technology for PCB assembly are the major factors driving the market growth. However, high costs associated with the variations in testing processes and lack of standardization in connectivity protocols are restraining the market growth.
In-Circuit Test or ICT is a tool for printed circuit board (PCB) and helps to identify defective components of PCB by individual testing. PCB is considered as a complex assembly with several components and solder connections. Each component in such an assembly performs to the highest standard as even a minor defect can affect the overall quality and performance. Testing is performed either by with the specialist test equipment, or with a fixtureless in-circuit test setup. In-Circuit Test is accurate form of PCB testing that performs a schematic verification.
Based on portability, the benchtop in-circuit test segment is likely to have a huge demand. The benchtop automated test equipment with built-in fixturing solves the uncertainty of repeated results which are familiar with bench testing. Its main advantages are hand-probing is eliminated, accurate measurements and reliable test probe fixturing.
By geography, Asia-Pacific is going to have a lucrative growth during the forecast period due to a large number of household appliances and smartphone users. The growth of consumer electronics is mainly driven by the presence of a high population and increasing income in economies such as India, South Korea, Japan and China which acts as a critical factor responsible for the growth of the in-circuit test market.
What the report offers:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and Recommendations)
Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
3 Market Trend Analysis
3.6 Product Analysis
3.7 Application Analysis
3.8 End-user Analysis
3.9 Emerging Markets
3.10 Impact of COVID-19
4 Porters Five Forces Analysis
4.1 Bargaining Power of Suppliers
4.2 Bargaining Power of Buyers
4.3 Threat of Substitutes
4.4 Threat of New Entrants
4.5 Competitive Rivalry
5 Global In-Circuit Test Market, By Portability
5.2 Benchtop In-Circuit Test
5.3 Compact In-Circuit Test
6 Global In-Circuit Test Market, By Type
6.2 Mixed In-Circuit Test
6.3 Analog In-Circuit Test
7 Global In-Circuit Test Market, By Fixture
8 Global In-Circuit Test Market, By Mode
9 Global In-Circuit Test Market, By Product
9.2 In-Line Tester
9.3 Multimode Flying Probe Tester
10 Global In-Circuit Test Market, By Application
10.2 Wireless Communication & Infrastructure
10.3 Medical Equipment Manufacturing
10.4 Consumer Electronics
10.5 Aerospace, Defence & Government Services
10.6 Fixtureless In-Circuit Test (FICT)
10.7 In-Circuit Test (ICT)
10.8 Manufacturing Defect Analyzer (MDA)
11 Global In-Circuit Test Market, By End-user
11.2 Automotive Electronics
11.3 Computer & Peripheral Devices
11.4 Industrial Electronics
11.5 Power Generation, Storage & Distribution
12 Global In-Circuit Test Market, By Geography
13 Key Developments
13.1 Agreements, Partnerships, Collaborations and Joint Ventures
13.2 Acquisitions & Mergers
13.3 New Product Launches
13.5 Other Key Strategies
14 Company Profiling
14.1 Acculogic Inc.
14.3 Digitaltest GmbH
14.4 Hioki E.E Corporation
14.5 JJS Manufacturing Ltd.
14.6 Keysight Technologies
14.7 Konrad GmbH
14.8 Kuttig Electronic
14.9 Kyoritsu Test System
14.10 Reinhardt System-Und Messelectronic
14.11 S.E.I.C.A. S.P.A.
14.12 Seika Machinery Inc.
14.13 Shenzhen PTI Technology
14.14 Spea S.P.A
14.16 Teradyne Inc.
14.17 Test Coach
14.18 Test Reaserch Inc.
14.20 Vital Electronics & Manufacturing Co
For more information about this report visit https://www.researchandmarkets.com/r/xfj78b
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