The global PCB In-Circuit Testers and Functional Testers market size was valued at US$ 515 million in 2024 and is forecast to a readjusted size of USD 722 million by 2031 with a CAGR of 5.0% during review period.
In-Circuit Tester is an equipment for printed circuit board test. Using a bed of nails in-circuit test equipment it is possible gain access to the circuit nodes on a board and measure the performance of the components regardless of the other components connected to them. PCB functional testing is the most comprehensive testing regimen for determining whether a manufactured board can leave the factory and be shipped to the customer. The goal is to identify manufacturing defects that affect reliability, missing or incorrect components, and opens/shorts in nets or solder connections.
According to our Semiconductor Research Center, the global total output value of PCB was about US$ 81 billion in 2022. With strong drivers from new technology, such as AI, 5G and new energy vehicles, it is estimated that the PCB industry will continue to grow steadily in the next six years. Global PCB manufacturers are mainly located in China mainland, China Taiwan, Japan, South Korea, Europe and the United States. Among them, Chinese local PCB companies hold the biggest share.
This report is a detailed and comprehensive analysis for global PCB In-Circuit Testers and Functional Testers market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global PCB In-Circuit Testers and Functional Testers market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global PCB In-Circuit Testers and Functional Testers market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global PCB In-Circuit Testers and Functional Testers market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global PCB In-Circuit Testers and Functional Testers market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for PCB In-Circuit Testers and Functional Testers
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global PCB In-Circuit Testers and Functional Testers market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Keysight, Teradyne, TRI, Hioki, SPEA, Digitaltest, Okano, ADSYS Technologies, PTI, Kyoritsu, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
PCB In-Circuit Testers and Functional Testers market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
In Circuit Tester
Functional Tester
Hybrid Testers
Market segment by Application
Automotive
Defense and Aerospace
Consumer Electronics and Home Appliance
Medical
Telocom and IoT
Industrial Automation
Energy
Others
Major players covered
Keysight
Teradyne
TRI
Hioki
SPEA
Digitaltest
Okano
ADSYS Technologies
PTI
Kyoritsu
Jet Technology
Seica
SRC
Checksum
Acculogic
Concord
Shindenshi
Qmax Test Equipments
MEL Systems and Services
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe PCB In-Circuit Testers and Functional Testers product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of PCB In-Circuit Testers and Functional Testers, with price, sales quantity, revenue, and global market share of PCB In-Circuit Testers and Functional Testers from 2020 to 2025.
Chapter 3, the PCB In-Circuit Testers and Functional Testers competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the PCB In-Circuit Testers and Functional Testers breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and PCB In-Circuit Testers and Functional Testers market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of PCB In-Circuit Testers and Functional Testers.
Chapter 14 and 15, to describe PCB In-Circuit Testers and Functional Testers sales channel, distributors, customers, research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global PCB In-Circuit Testers and Functional Testers Consumption Value by Type: 2020 Versus 2024 Versus 2031
1.3.2 In Circuit Tester
1.3.3 Functional Tester
1.3.4 Hybrid Testers
1.4 Market Analysis by Application
1.4.1 Overview: Global PCB In-Circuit Testers and Functional Testers Consumption Value by Application: 2020 Versus 2024 Versus 2031
1.4.2 Automotive
1.4.3 Defense and Aerospace
1.4.4 Consumer Electronics and Home Appliance
1.4.5 Medical
1.4.6 Telocom and IoT
1.4.7 Industrial Automation
1.4.8 Energy
1.4.9 Others
1.5 Global PCB In-Circuit Testers and Functional Testers Market Size & Forecast
1.5.1 Global PCB In-Circuit Testers and Functional Testers Consumption Value (2020 & 2024 & 2031)
1.5.2 Global PCB In-Circuit Testers and Functional Testers Sales Quantity (2020-2031)
1.5.3 Global PCB In-Circuit Testers and Functional Testers Average Price (2020-2031)
2 Manufacturers Profiles
2.1 Keysight
2.1.1 Keysight Details
2.1.2 Keysight Major Business
2.1.3 Keysight PCB In-Circuit Testers and Functional Testers Product and Services
2.1.4 Keysight PCB In-Circuit Testers and Functional Testers Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.1.5 Keysight Recent Developments/Updates
2.2 Teradyne
2.2.1 Teradyne Details
2.2.2 Teradyne Major Business
2.2.3 Teradyne PCB In-Circuit Testers and Functional Testers Product and Services
2.2.4 Teradyne PCB In-Circuit Testers and Functional Testers Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.2.5 Teradyne Recent Developments/Updates
2.3 TRI
2.3.1 TRI Details
2.3.2 TRI Major Business
2.3.3 TRI PCB In-Circuit Testers and Functional Testers Product and Services
2.3.4 TRI PCB In-Circuit Testers and Functional Testers Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.3.5 TRI Recent Developments/Updates
2.4 Hioki
2.4.1 Hioki Details
2.4.2 Hioki Major Business
2.4.3 Hioki PCB In-Circuit Testers and Functional Testers Product and Services
2.4.4 Hioki PCB In-Circuit Testers and Functional Testers Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.4.5 Hioki Recent Developments/Updates
2.5 SPEA
2.5.1 SPEA Details
2.5.2 SPEA Major Business
2.5.3 SPEA PCB In-Circuit Testers and Functional Testers Product and Services
2.5.4 SPEA PCB In-Circuit Testers and Functional Testers Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.5.5 SPEA Recent Developments/Updates
2.6 Digitaltest
2.6.1 Digitaltest Details
2.6.2 Digitaltest Major Business
2.6.3 Digitaltest PCB In-Circuit Testers and Functional Testers Product and Services
2.6.4 Digitaltest PCB In-Circuit Testers and Functional Testers Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.6.5 Digitaltest Recent Developments/Updates
2.7 Okano
2.7.1 Okano Details
2.7.2 Okano Major Business
2.7.3 Okano PCB In-Circuit Testers and Functional Testers Product and Services
2.7.4 Okano PCB In-Circuit Testers and Functional Testers Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.7.5 Okano Recent Developments/Updates
2.8 ADSYS Technologies
2.8.1 ADSYS Technologies Details
2.8.2 ADSYS Technologies Major Business
2.8.3 ADSYS Technologies PCB In-Circuit Testers and Functional Testers Product and Services
2.8.4 ADSYS Technologies PCB In-Circuit Testers and Functional Testers Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.8.5 ADSYS Technologies Recent Developments/Updates
2.9 PTI
2.9.1 PTI Details
2.9.2 PTI Major Business
2.9.3 PTI PCB In-Circuit Testers and Functional Testers Product and Services
2.9.4 PTI PCB In-Circuit Testers and Functional Testers Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.9.5 PTI Recent Developments/Updates
2.10 Kyoritsu
2.10.1 Kyoritsu Details
2.10.2 Kyoritsu Major Business
2.10.3 Kyoritsu PCB In-Circuit Testers and Functional Testers Product and Services
2.10.4 Kyoritsu PCB In-Circuit Testers and Functional Testers Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.10.5 Kyoritsu Recent Developments/Updates
2.11 Jet Technology
2.11.1 Jet Technology Details
2.11.2 Jet Technology Major Business
2.11.3 Jet Technology PCB In-Circuit Testers and Functional Testers Product and Services
2.11.4 Jet Technology PCB In-Circuit Testers and Functional Testers Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.11.5 Jet Technology Recent Developments/Updates
2.12 Seica
2.12.1 Seica Details
2.12.2 Seica Major Business
2.12.3 Seica PCB In-Circuit Testers and Functional Testers Product and Services
2.12.4 Seica PCB In-Circuit Testers and Functional Testers Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.12.5 Seica Recent Developments/Updates
2.13 SRC
2.13.1 SRC Details
2.13.2 SRC Major Business
2.13.3 SRC PCB In-Circuit Testers and Functional Testers Product and Services
2.13.4 SRC PCB In-Circuit Testers and Functional Testers Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.13.5 SRC Recent Developments/Updates
2.14 Checksum
2.14.1 Checksum Details
2.14.2 Checksum Major Business
2.14.3 Checksum PCB In-Circuit Testers and Functional Testers Product and Services
2.14.4 Checksum PCB In-Circuit Testers and Functional Testers Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.14.5 Checksum Recent Developments/Updates
2.15 Acculogic
2.15.1 Acculogic Details
2.15.2 Acculogic Major Business
2.15.3 Acculogic PCB In-Circuit Testers and Functional Testers Product and Services
2.15.4 Acculogic PCB In-Circuit Testers and Functional Testers Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.15.5 Acculogic Recent Developments/Updates
2.16 Concord
2.16.1 Concord Details
2.16.2 Concord Major Business
2.16.3 Concord PCB In-Circuit Testers and Functional Testers Product and Services
2.16.4 Concord PCB In-Circuit Testers and Functional Testers Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.16.5 Concord Recent Developments/Updates
2.17 Shindenshi
2.17.1 Shindenshi Details
2.17.2 Shindenshi Major Business
2.17.3 Shindenshi PCB In-Circuit Testers and Functional Testers Product and Services
2.17.4 Shindenshi PCB In-Circuit Testers and Functional Testers Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.17.5 Shindenshi Recent Developments/Updates
2.18 Qmax Test Equipments
2.18.1 Qmax Test Equipments Details
2.18.2 Qmax Test Equipments Major Business
2.18.3 Qmax Test Equipments PCB In-Circuit Testers and Functional Testers Product and Services
2.18.4 Qmax Test Equipments PCB In-Circuit Testers and Functional Testers Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.18.5 Qmax Test Equipments Recent Developments/Updates
2.19 MEL Systems and Services
2.19.1 MEL Systems and Services Details
2.19.2 MEL Systems and Services Major Business
2.19.3 MEL Systems and Services PCB In-Circuit Testers and Functional Testers Product and Services
2.19.4 MEL Systems and Services PCB In-Circuit Testers and Functional Testers Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
2.19.5 MEL Systems and Services Recent Developments/Updates
3 Competitive Environment: PCB In-Circuit Testers and Functional Testers by Manufacturer
3.1 Global PCB In-Circuit Testers and Functional Testers Sales Quantity by Manufacturer (2020-2025)
3.2 Global PCB In-Circuit Testers and Functional Testers Revenue by Manufacturer (2020-2025)
3.3 Global PCB In-Circuit Testers and Functional Testers Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
3.4.1 Producer Shipments of PCB In-Circuit Testers and Functional Testers by Manufacturer Revenue ($MM) and Market Share (%): 2024
3.4.2 Top 3 PCB In-Circuit Testers and Functional Testers Manufacturer Market Share in 2024
3.4.3 Top 6 PCB In-Circuit Testers and Functional Testers Manufacturer Market Share in 2024
3.5 PCB In-Circuit Testers and Functional Testers Market: Overall Company Footprint Analysis
3.5.1 PCB In-Circuit Testers and Functional Testers Market: Region Footprint
3.5.2 PCB In-Circuit Testers and Functional Testers Market: Company Product Type Footprint
3.5.3 PCB In-Circuit Testers and Functional Testers Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global PCB In-Circuit Testers and Functional Testers Market Size by Region
4.1.1 Global PCB In-Circuit Testers and Functional Testers Sales Quantity by Region (2020-2031)
4.1.2 Global PCB In-Circuit Testers and Functional Testers Consumption Value by Region (2020-2031)
4.1.3 Global PCB In-Circuit Testers and Functional Testers Average Price by Region (2020-2031)
4.2 North America PCB In-Circuit Testers and Functional Testers Consumption Value (2020-2031)
4.3 Europe PCB In-Circuit Testers and Functional Testers Consumption Value (2020-2031)
4.4 Asia-Pacific PCB In-Circuit Testers and Functional Testers Consumption Value (2020-2031)
4.5 South America PCB In-Circuit Testers and Functional Testers Consumption Value (2020-2031)
4.6 Middle East & Africa PCB In-Circuit Testers and Functional Testers Consumption Value (2020-2031)
5 Market Segment by Type
5.1 Global PCB In-Circuit Testers and Functional Testers Sales Quantity by Type (2020-2031)
5.2 Global PCB In-Circuit Testers and Functional Testers Consumption Value by Type (2020-2031)
5.3 Global PCB In-Circuit Testers and Functional Testers Average Price by Type (2020-2031)
6 Market Segment by Application
6.1 Global PCB In-Circuit Testers and Functional Testers Sales Quantity by Application (2020-2031)
6.2 Global PCB In-Circuit Testers and Functional Testers Consumption Value by Application (2020-2031)
6.3 Global PCB In-Circuit Testers and Functional Testers Average Price by Application (2020-2031)
7 North America
7.1 North America PCB In-Circuit Testers and Functional Testers Sales Quantity by Type (2020-2031)
7.2 North America PCB In-Circuit Testers and Functional Testers Sales Quantity by Application (2020-2031)
7.3 North America PCB In-Circuit Testers and Functional Testers Market Size by Country
7.3.1 North America PCB In-Circuit Testers and Functional Testers Sales Quantity by Country (2020-2031)
7.3.2 North America PCB In-Circuit Testers and Functional Testers Consumption Value by Country (2020-2031)
7.3.3 United States Market Size and Forecast (2020-2031)
7.3.4 Canada Market Size and Forecast (2020-2031)
7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
8.1 Europe PCB In-Circuit Testers and Functional Testers Sales Quantity by Type (2020-2031)
8.2 Europe PCB In-Circuit Testers and Functional Testers Sales Quantity by Application (2020-2031)
8.3 Europe PCB In-Circuit Testers and Functional Testers Market Size by Country
8.3.1 Europe PCB In-Circuit Testers and Functional Testers Sales Quantity by Country (2020-2031)
8.3.2 Europe PCB In-Circuit Testers and Functional Testers Consumption Value by Country (2020-2031)
8.3.3 Germany Market Size and Forecast (2020-2031)
8.3.4 France Market Size and Forecast (2020-2031)
8.3.5 United Kingdom Market Size and Forecast (2020-2031)
8.3.6 Russia Market Size and Forecast (2020-2031)
8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
9.1 Asia-Pacific PCB In-Circuit Testers and Functional Testers Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific PCB In-Circuit Testers and Functional Testers Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific PCB In-Circuit Testers and Functional Testers Market Size by Region
9.3.1 Asia-Pacific PCB In-Circuit Testers and Functional Testers Sales Quantity by Region (2020-2031)
9.3.2 Asia-Pacific PCB In-Circuit Testers and Functional Testers Consumption Value by Region (2020-2031)
9.3.3 China Market Size and Forecast (2020-2031)
9.3.4 Japan Market Size and Forecast (2020-2031)
9.3.5 South Korea Market Size and Forecast (2020-2031)
9.3.6 India Market Size and Forecast (2020-2031)
9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
10.1 South America PCB In-Circuit Testers and Functional Testers Sales Quantity by Type (2020-2031)
10.2 South America PCB In-Circuit Testers and Functional Testers Sales Quantity by Application (2020-2031)
10.3 South America PCB In-Circuit Testers and Functional Testers Market Size by Country
10.3.1 South America PCB In-Circuit Testers and Functional Testers Sales Quantity by Country (2020-2031)
10.3.2 South America PCB In-Circuit Testers and Functional Testers Consumption Value by Country (2020-2031)
10.3.3 Brazil Market Size and Forecast (2020-2031)
10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
11.1 Middle East & Africa PCB In-Circuit Testers and Functional Testers Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa PCB In-Circuit Testers and Functional Testers Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa PCB In-Circuit Testers and Functional Testers Market Size by Country
11.3.1 Middle East & Africa PCB In-Circuit Testers and Functional Testers Sales Quantity by Country (2020-2031)
11.3.2 Middle East & Africa PCB In-Circuit Testers and Functional Testers Consumption Value by Country (2020-2031)
11.3.3 Turkey Market Size and Forecast (2020-2031)
11.3.4 Egypt Market Size and Forecast (2020-2031)
11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
12.1 PCB In-Circuit Testers and Functional Testers Market Drivers
12.2 PCB In-Circuit Testers and Functional Testers Market Restraints
12.3 PCB In-Circuit Testers and Functional Testers Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
13.1 Raw Material of PCB In-Circuit Testers and Functional Testers and Key Manufacturers
13.2 Manufacturing Costs Percentage of PCB In-Circuit Testers and Functional Testers
13.3 PCB In-Circuit Testers and Functional Testers Production Process
13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 PCB In-Circuit Testers and Functional Testers Typical Distributors
14.3 PCB In-Circuit Testers and Functional Testers Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Keysight
Teradyne
TRI
Hioki
SPEA
Digitaltest
Okano
ADSYS Technologies
PTI
Kyoritsu
Jet Technology
Seica
SRC
Checksum
Acculogic
Concord
Shindenshi
Qmax Test Equipments
MEL Systems and Services
听
听
*If Applicable.