The North America In-Circuit Test Market would witness market growth of 3.0% CAGR during the forecast period (2023-2030).
In the near future, the introduction of automated in-circuit testers designed to perform multiple functions within emergency systems will likely have a significant positive impact on the market. This will not only assist end-use industries in addressing manufacturing defects, but it will also guarantee end-users zero-error operations with minimal maintenance and an extended lifespan. Several prominent manufacturers have already introduced automated in-circuit testers, and others are likely to swiftly follow suit to keep up with the environment's rapid evolution.
Each day, more and more innovative electronic products are introduced to the market due to technological progress. As a result, these items provide amusement, reduce human effort, enhance communication, etc. The demand for these products is increasing. Thus, technological progress is causing the complexity of circuits to increase. As complexity increases, more electronic components are employed. The component density per unit area on printed circuit boards is increasing. The interconnection of the components is becoming increasingly intricate. In these situations, it is more difficult to determine if there is a defect in the circuits or if there is a voltage difference causing components to become damaged. In-circuit detectors, therefore, aid in this regard. A stronger relationship exists between the increasing demand for Consumer Electronics and the use of In-Circuit Testers.
In order to maintain up with the nation's present rate of innovation, the United States government has devoted significant resources to modernizing the Federal government. By updating an outdated policy, Cloud Smart integrates best practices from the public and private sectors, ensuring agencies can use cutting-edge agency missions, encourage greater citizen services, and enhance cyber security. In November 2017, the Canadian government issued the Direction for Electronic Data Residency and the Direction on the Secure Use of Commercial Cloud Services: Security Policy Implementation Notice. These instructions permit the hosting of Protected B data in the public cloud. This increasing use of cloud computing in the region is anticipated to provide growth opportunities for the regional market.
The US market dominated the North America In-Circuit Test Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $300.4 million by 2030. The Canada market is experiencing a CAGR of 5.3% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 4.4% during (2023 - 2030).
Based on Type, the market is segmented into Analog and Mixed. Based on Portability, the market is segmented into Compact and Benchtop. Based on Application, the market is segmented into Consumer Electronics & Appliances, Aerospace, Defence & Government Services, Medical Equipment, Wireless Communication, Automotive and Energy Sector. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide In-Circuit Test Market is Projected to reach USD 1.5 Billion by 2030, at a CAGR of 3.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Teradyne, Inc., Test Research, Inc., Keysight Technologies, Inc., Hioki E.E. Corporation, Digitaltest GmbH, Konrad GmbH, Testronics (Catalis Group), SPEA S.p.A., Test Coach Company, LLC. and Okano Electric Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Portability
By Application
- Consumer Electronics & Appliances
- Aerospace, Defence & Government Services
- Medical Equipment
- Wireless Communication
- Automotive
- Energy Sector
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Teradyne, Inc.
- Test Research, Inc.
- Keysight Technologies, Inc.
- Hioki E.E. Corporation
- Digitaltest GmbH
- Konrad GmbH
- Testronics (Catalis Group)
- SPEA S.p.A.
- Test Coach Company, LLC.
- Okano Electric Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America In-Circuit Test Market, by Type
1.4.2 North America In-Circuit Test Market, by Portability
1.4.3 North America In-Circuit Test Market, by Application
1.4.4 North America In-Circuit Test Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter Five Forces Analysis
Chapter 4. Strategies Deployed in In-Circuit Test Market
Chapter 5. North America In-Circuit Test Market by Type
5.1 North America Analog Market by Country
5.2 North America Mixed Market by Country
Chapter 6. North America In-Circuit Test Market by Portability
6.1 North America Compact Market by Country
6.2 North America Benchtop Market by Country
Chapter 7. North America In-Circuit Test Market by Application
7.1 North America Consumer Electronics & Appliances Market by Country
7.2 North America Aerospace, Defence & Government Services Market by Country
7.3 North America Medical Equipment Market by Country
7.4 North America Wireless Communication Market by Country
7.5 North America Automotive Market by Country
7.6 North America Energy Sector Market by Country
Chapter 8. North America In-Circuit Test Market by Country
8.1 US In-Circuit Test Market
8.1.1 US In-Circuit Test Market by Type
8.1.2 US In-Circuit Test Market by Portability
8.1.3 US In-Circuit Test Market by Application
8.2 Canada In-Circuit Test Market
8.2.1 Canada In-Circuit Test Market by Type
8.2.2 Canada In-Circuit Test Market by Portability
8.2.3 Canada In-Circuit Test Market by Application
8.3 Mexico In-Circuit Test Market
8.3.1 Mexico In-Circuit Test Market by Type
8.3.2 Mexico In-Circuit Test Market by Portability
8.3.3 Mexico In-Circuit Test Market by Application
8.4 Rest of North America In-Circuit Test Market
8.4.1 Rest of North America In-Circuit Test Market by Type
8.4.2 Rest of North America In-Circuit Test Market by Portability
8.4.3 Rest of North America In-Circuit Test Market by Application
Chapter 9. Company Profiles
9.1 Teradyne, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Recent strategies and developments:
9.1.4.1 Partnerships, Collaborations, and Agreements:
9.1.5 SWOT Analysis
9.2 Test Research, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Keysight Technologies, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.6 SWOT Analysis
9.4 Hioki E.E. Corporation
9.4.1 Company Overview
9.4.2 Recent strategies and developments:
9.4.2.1 Product Launches and Product Expansions:
9.4.3 SWOT Analysis
9.5 Digitaltest GmbH
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Partnerships, Collaborations, and Agreements:
9.5.3 SWOT Analysis
9.6 Konrad GmbH
9.6.1 Company Overview
9.7 Testronics (Catalis Group)
9.7.1 Company Overview
9.7.2 SWOT Analysis
9.8 SPEA S.p.A.
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.8.3 SWOT Analysis
9.9 Test Coach Company, LLC.
9.9.1 Company Overview
9.9.2 SWOT Analysis
9.10. Okano Electric Co., Ltd
9.10.1 Company Overview
9.10.2 SWOT Analysis
TABLE 1 North America In-Circuit Test Market, 2019 - 2022, USD Million
TABLE 2 North America In-Circuit Test Market, 2023 - 2030, USD Million
TABLE 3 North America In-Circuit Test Market by Type, 2019 - 2022, USD Million
TABLE 4 North America In-Circuit Test Market by Type, 2023 - 2030, USD Million
TABLE 5 North America Analog Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Analog Market by Country, 2023 - 2030, USD Million
TABLE 7 North America Mixed Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Mixed Market by Country, 2023 - 2030, USD Million
TABLE 9 North America In-Circuit Test Market by Portability, 2019 - 2022, USD Million
TABLE 10 North America In-Circuit Test Market by Portability, 2023 - 2030, USD Million
TABLE 11 North America Compact Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Compact Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Benchtop Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Benchtop Market by Country, 2023 - 2030, USD Million
TABLE 15 North America In-Circuit Test Market by Application, 2019 - 2022, USD Million
TABLE 16 North America In-Circuit Test Market by Application, 2023 - 2030, USD Million
TABLE 17 North America Consumer Electronics & Appliances Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Consumer Electronics & Appliances Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Aerospace, Defence & Government Services Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Aerospace, Defence & Government Services Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Medical Equipment Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Medical Equipment Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Wireless Communication Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Wireless Communication Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Automotive Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Automotive Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Energy Sector Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Energy Sector Market by Country, 2023 - 2030, USD Million
TABLE 29 North America In-Circuit Test Market by Country, 2019 - 2022, USD Million
TABLE 30 North America In-Circuit Test Market by Country, 2023 - 2030, USD Million
TABLE 31 US In-Circuit Test Market, 2019 - 2022, USD Million
TABLE 32 US In-Circuit Test Market, 2023 - 2030, USD Million
TABLE 33 US In-Circuit Test Market by Type, 2019 - 2022, USD Million
TABLE 34 US In-Circuit Test Market by Type, 2023 - 2030, USD Million
TABLE 35 US In-Circuit Test Market by Portability, 2019 - 2022, USD Million
TABLE 36 US In-Circuit Test Market by Portability, 2023 - 2030, USD Million
TABLE 37 US In-Circuit Test Market by Application, 2019 - 2022, USD Million
TABLE 38 US In-Circuit Test Market by Application, 2023 - 2030, USD Million
TABLE 39 Canada In-Circuit Test Market, 2019 - 2022, USD Million
TABLE 40 Canada In-Circuit Test Market, 2023 - 2030, USD Million
TABLE 41 Canada In-Circuit Test Market by Type, 2019 - 2022, USD Million
TABLE 42 Canada In-Circuit Test Market by Type, 2023 - 2030, USD Million
TABLE 43 Canada In-Circuit Test Market by Portability, 2019 - 2022, USD Million
TABLE 44 Canada In-Circuit Test Market by Portability, 2023 - 2030, USD Million
TABLE 45 Canada In-Circuit Test Market by Application, 2019 - 2022, USD Million
TABLE 46 Canada In-Circuit Test Market by Application, 2023 - 2030, USD Million
TABLE 47 Mexico In-Circuit Test Market, 2019 - 2022, USD Million
TABLE 48 Mexico In-Circuit Test Market, 2023 - 2030, USD Million
TABLE 49 Mexico In-Circuit Test Market by Type, 2019 - 2022, USD Million
TABLE 50 Mexico In-Circuit Test Market by Type, 2023 - 2030, USD Million
TABLE 51 Mexico In-Circuit Test Market by Portability, 2019 - 2022, USD Million
TABLE 52 Mexico In-Circuit Test Market by Portability, 2023 - 2030, USD Million
TABLE 53 Mexico In-Circuit Test Market by Application, 2019 - 2022, USD Million
TABLE 54 Mexico In-Circuit Test Market by Application, 2023 - 2030, USD Million
TABLE 55 Rest of North America In-Circuit Test Market, 2019 - 2022, USD Million
TABLE 56 Rest of North America In-Circuit Test Market, 2023 - 2030, USD Million
TABLE 57 Rest of North America In-Circuit Test Market by Type, 2019 - 2022, USD Million
TABLE 58 Rest of North America In-Circuit Test Market by Type, 2023 - 2030, USD Million
TABLE 59 Rest of North America In-Circuit Test Market by Portability, 2019 - 2022, USD Million
TABLE 60 Rest of North America In-Circuit Test Market by Portability, 2023 - 2030, USD Million
TABLE 61 Rest of North America In-Circuit Test Market by Application, 2019 - 2022, USD Million
TABLE 62 Rest of North America In-Circuit Test Market by Application, 2023 - 2030, USD Million
TABLE 63 Key Information – Teradyne, Inc.
TABLE 64 Key Information – Test Research, Inc.
TABLE 65 Key Information – Keysight Technologies, Inc.
TABLE 66 Key Information – HIOKI E.E. CORPORATION
TABLE 67 Key Information – Digitaltest GmbH
TABLE 68 Key Information – Konrad GmbH
TABLE 69 Key Information – Testronics
TABLE 70 Key Information – SPEA S.p.A.
TABLE 71 Key Information – Test Coach Company, LLC.
TABLE 72 Key Information – Okano Electric Co., Ltd
List of Figures
FIG 1 Methodology for the research
FIG 2 North America In-Circuit Test Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting In-Circuit Test Market
FIG 4 Porter’s Five Forces Analysis – In-Circuit Test Market
FIG 5 North America In-Circuit Test Market share by Type, 2022
FIG 6 North America In-Circuit Test Market share by Type, 2030
FIG 7 North America In-Circuit Test Market by Type, 2019 - 2030, USD Million
FIG 8 North America In-Circuit Test Market share by Portability, 2022
FIG 9 North America In-Circuit Test Market share by Portability, 2030
FIG 10 North America In-Circuit Test Market by Portability, 2019 - 2030, USD Million
FIG 11 North America In-Circuit Test Market share by Application, 2022
FIG 12 North America In-Circuit Test Market share by Application, 2030
FIG 13 North America In-Circuit Test Market by Application, 2019 - 2030, USD Million
FIG 14 North America In-Circuit Test Market share by Country, 2022
FIG 15 North America In-Circuit Test Market share by Country, 2030
FIG 16 North America In-Circuit Test Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Teradyne, Inc.
FIG 18 SWOT Analysis: Test Research, Inc.
FIG 19 SWOT Analysis: Keysight Technologies, Inc.
FIG 20 SWOT Analysis: Hioki E.E. Corporation
FIG 21 SWOT Analysis: Digitaltest GmbH
FIG 22 SWOT Analysis: Testronics
FIG 23 SWOT Analysis: SPEA S.p.A.
FIG 24 SWOT Analysis: Test Coach Company, LLC
FIG 25 SWOT Analysis: Okano Electric Co., Ltd.