The In-Circuit Tester Market is projected to grow to US$ 1.40 billion by 2030, up from US$ 1.04 billion in 2022, reflecting an estimated compound annual growth rate (CAGR) of 3.8% from 2022 to 2030.

The North American market is divided into the United States, Canada, and Mexico, and is experiencing significant growth in technology and manufacturing sectors. This region is particularly focused on high-tech industries, with a notable presence of major automotive manufacturers like General Motors and Ford. According to the International Energy Agency, electric vehicle sales in the US surged by 55% in 2022 compared to the previous year, primarily driven by battery electric vehicles (BEVs). The sales of BEVs alone rose by 70%, reaching nearly 800,000 units, marking a second consecutive year of robust growth following a downturn in 2019-2020. In-circuit testers are utilized in BEVs for various applications, including safety electronics, transmission systems, and entertainment features. Consequently, the increasing adoption of BEVs is significantly boosting the demand for in-circuit testing products.

Several companies, such as Keysight and Seica, are key players in the in-circuit tester market. For example, Keysight offers the x1149 boundary scan analyzer, a sophisticated tool designed for structural testing, including open and short tests on printed circuit board assemblies (PCBAs). This device also facilitates in-system programming for components like field programmable gate arrays (FPGAs) and complex programmable logic devices (CPLDs), allowing for testing interconnections between integrated circuits (ICs) without the need for physical probes. The growth of automotive manufacturing and the presence of these technology providers are significant factors driving the expansion of the in-circuit tester market in North America.

The United States boasts one of the largest automotive markets globally. The International Trade Administration (ITA) reported that light vehicle sales in the US reached 14.5 million units in 2020. The US ranks as the second-largest market for vehicle sales and production worldwide. According to Autos Drive America, international manufacturers produced 5 million vehicles in the US in 2020. In November 2023, Keysight Technologies, Inc. launched the new Keysight i3070 Series 7i in-line test system, an automated in-circuit test system (ICT) that enhances capacity and throughput, enabling manufacturers to meet the intricate testing requirements of larger node count PCBAs economically. The surge in automotive production and the introduction of new products in the country are propelling the growth of the in-circuit tester market.

The in-circuit tester market is categorized by industry into consumer electronics, automotive, medical equipment, aerospace and defense, and others. In-circuit testers are vital in the manufacturing of consumer electronics, ensuring the quality and reliability of printed circuit boards (PCBs) used in a wide range of devices, including smartphones, tablets, laptops, and televisions. ICTs are essential for identifying and rectifying defects in PCBs, which helps avoid costly rework and ensures that products meet consumer expectations. Furthermore, ICTs can detect defects early in the manufacturing process, reducing the costs associated with rework and scrap. This capability is especially crucial in high-volume production, where even minor defect rates can significantly impact profitability. Additionally, they are employed to test motherboards and other PCBs in laptops and desktops, ensuring these devices are dependable and defect-free. In the automotive sector, in-circuit testers are used to identify various defects in PCBs, such as open circuits, short circuits, missing components, incorrect installations, and soldering issues. ICTs play a critical role in the automotive manufacturing process by ensuring the quality and reliability of electronic components, thereby helping to prevent expensive recalls and warranty claims. Thus, ICTs are invaluable tools for the automotive industry, enhancing the quality and reliability of electronic components, lowering production costs, and increasing manufacturing efficiency.

From a product perspective, the in-circuit tester market is divided into multimode in-line testers and flying probe testers. In-line testers are designed to test PCBs that have already been assembled and populated with components. These testers offer numerous advantages, including high throughput, accuracy, and repeatability. They can test PCBs at high speeds, which enhances production efficiency. In-line testers are highly precise and capable of detecting a wide array of defects. On the other hand, multimode flying probe testers can handle a broader range of board sizes, shapes, and component configurations without requiring fixture changes. This flexibility makes them ideal for low- to medium-volume production runs, as well as for prototyping and product development. Multimode flying probe testers can achieve sub-micron positioning accuracy, essential for testing complex boards with densely packed components. They can perform various tests, including functional tests, shorts, opens, and continuity checks. Their versatility, accuracy, and flexibility contribute to the growth of this segment in the market.

Key players in the in-circuit tester market include Teradyne Inc., Acculogic Inc., Digitaltest GmbH, Hioki E.E. Corporation, Keysight Technologies, Konrad GmbH, Kyoritsu Test System Co., Ltd., Seica S.p.A., SPEA S.p.A., and Test Research, Inc., all of which are profiled in this market analysis.

The overall size of the In-Circuit Tester Market has been determined through a combination of primary and secondary research. Extensive secondary research has been conducted using both internal and external sources to gather qualitative and quantitative data related to the In-Circuit Tester Market size. This process also aids in providing an overview and forecast of the market across all segments. Additionally, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This includes discussions with industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders specializing in the In-Circuit Tester Market.