Report : Europe In-Circuit Tester Market Forecast to 2030 - Regional Analysis - by Type (Analog and Mixed), Product (Multimode Flying Probe Tester and In-Line Tester), Portability (Portable and Non-Portable), and Industry (Consumer Electronics, Automotive, Medical Equipment, Aerospace & Defense, Others)
At 3.4% CAGR, Europe In-Circuit Tester Market is Projected to be Worth US$ 281.38 Million by 2030, says Business Market Insights
According to Business Market Insights research, the Europe in-circuit tester market was valued at US$ 215.88 million in 2022 and is expected to reach US$ 281.38 million by 2030, registering a CAGR of 3.4% from 2022 to 2030. Increasing demand for fast printed circuit board testing systems, rising adoption of in-circuit testers in automotive electronic testing, and growing use of testers to detect manufacturing defects across various end-use industries are among the critical factors attributed to the Europe in-circuit tester market expansion.
Ensuring the reliability of electronic components is mission-critical in today's automobile sector. These electronics, which range from complicated ECUs to simple wiper sensor boards and anti-collision sensors, constitute the lifeblood of modern vehicles, affecting safety, efficiency, and general operation. The ICT checks and measures each component on a printed circuit board, allowing for the detection and elimination of problematic components. A high degree of automation is possible, depending on the assembly. Further, many companies provide in-circuit testing systems. For instance, a company named Teradyne provides in-circuit test systems that enable manufacturers to react to rapidly changing product requirements easily. They share a similar software environment and can be configured to detect basic shorts from a few test points to more than 15,000 test points for more complicated PCBAs. There is a Test Station configuration to match the production requirements at the maximum fault coverage and yield rate, regardless of volume, mix, or test complexity. Thus, considering the above factors, the adoption of ICT is increasing in automotive electrical testing.
On the contrary, high cost of in-circuit testing systems hampers the growth of Europe in-circuit tester market.
Based on type, the Europe in-circuit tester market is bifurcated into analog and mixed. The analog segment held 83.0% share of Europe in-circuit tester market in 2022, amassing US$ 179.25 million. It is projected to garner US$ 236.94 million by 2030 to expand at 3.5% CAGR during 2022-2030.
In terms of product, the Europe in-circuit tester market is bifurcated into in-line tester and multimode flying probe tester. The in-line tester segment held 72.8% share of Europe in-circuit tester market in 2022, amassing US$ 157.26 million. It is projected to garner US$ 207.87 million by 2030 to expand at 3.5% CAGR during 2022-2030.
Based on portability, the Europe in-circuit tester market is bifurcated into non-portable and portable. The non-portable segment held 87.6% share of Europe in-circuit tester market in 2022, amassing US$ 189.19 million. It is projected to garner US$ 248.68 million by 2030 to expand at 3.5% CAGR during 2022-2030.
Based on industry, the Europe in-circuit tester market is segmented into consumer electronics, automotive, medical equipment, aerospace & defense, and others. The consumer electronics segment held 34.8% share of Europe in-circuit tester market in 2022, amassing US$ 75.21 million. It is projected to garner US$ 103.21 million by 2030 to expand at 4.0% CAGR during 2022-2030.
By country, the Europe in-circuit tester market has been categorized into Germany, France, the UK, Italy, Russia, and the Rest of Europe. Our regional analysis states that Germany captured 31.9% share of Europe in-circuit tester market in 2022. It was assessed at US$ 68.76 million in 2022 and is likely to hit US$ 94.73 million by 2030, exhibiting a CAGR of 4.1% during 2022-2030.
Teradyne Inc; Digitaltest GmbH; inTEST Corporation; HIOKI E.E. CORPORATION; Konrad GmbH; Keysight Technologies Inc; Kyoritsu Test System Co Ltd; SEICA SPA; SPEA S.p.A.; and Test Research, Inc. are among the key players operating in the Europe in-circuit tester market.
- In November 2023, Teradyne Inc signed a strategic partnership agreement with Technoprobe S.p.A. to offer higher-performance semiconductor test interfaces to their customers across the globe.
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