A recent market study published by FMI on the global in-circuit tester market includes industry analysis for 2016-2020 & opportunity assessment for 2021-2031, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical and current growth parameters of the global in-circuit tester market, the growth prospects of the market are obtained with maximum precision.
The COVID-19 pandemic crisis has severely affected the growth. It caused significant disruptions in manufacturing activities and supply chain networks, subsequently affecting the in-circuit tester market. However, the market is expected to recover as the economic activities resume post the containment of pandemic.
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In-circuit tester market is likely to grow at a moderate pace during 2021-2031. It is expected to gain from increasing applications across various end-use industries. With manufacturers emphasizing on developing advanced testing equipment, industries are likely to benefit from improved life cycle and durability of in-circuit testers.
Application in automotive electronics is poised to surge in the coming years. With automotive production gradually getting back on track, sales in the sector are expected to pick up. Subsequently, the demand for in-circuit tester will increase as the sector aims at keeping pace with dynamic consumer preference.
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In-Circuit Tester Market by Category
- Multimode Flying Probe Tester
- In-Line Tester
- Automotive Electronics
- Consumer Electronics
- Medical Equipment
- Defense and Aerospace Electronics
- Power Generation, Storage and Distribution
- Network and Communications
- Computers and Peripheral Devices
- Industrial Electronics
- North America
- Latin America
- South Asia & Pacific
- East Asia
- Middle East & Africa
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Key Questions Answered in Report
- Which is the most lucrative market for in-circuit tester?
China currently leads the global market for in-circuit tester market. Sales in the country will be at over 15% of total global demand throughout the forecast period.
- Which is the top-selling product in in-circuit tester?
In-line testers have been witnessing high demand across end-use industries. This is expected to continue through the coming years, especially due to their efficiency in wide range of end-use industry applications and intense penetration in all regions.
- Which end-use industry exhibits highest requirement of in-circuit tester?
In-circuit testers are widely used in automotive electronics. They help in creating smarter automobiles capable of detecting and alerting drivers to any defects.
- Which are some of the leading companies providing in-circuit tester?
Some of the leading companies manufacturing in-circuit tester are Teradyne Inc., Keysight Technologies, Test Research, Inc., and SPEA S.p.A etc.
- Which is the key in-circuit tester application?
In-circuit test (ICT) is increasingly used across various industries. ICT is reliable, and supports high-quality and high-volume testing.