| Product Code: ETC4523905 | Publication Date: Jul 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India in-circuit test market import shipment demonstrated a steady growth trend with a CAGR of 1.8% from 2020 to 2024. Notably, there was a significant acceleration in growth from 2023 to 2024, with a growth rate of 12.4%. The market expanded gradually, with a notable uptick in momentum towards the end of the period.
In-circuit testing is a critical step in the manufacturing process of electronic components and printed circuit boards (PCBs). The India in-circuit test market is growing as electronics manufacturers seek to ensure the quality and functionality of their products. In-circuit testing helps identify defects and issues early in the production process, reducing rework and improving overall product quality.
The India In-Circuit Test (ICT) market is being driven by the increasing complexity of electronic circuits and the need for high-quality, high-speed testing solutions. With the rapid advancement of technology, electronic components are becoming smaller and more intricate, making it challenging to detect defects without advanced testing equipment like ICT. The automotive and aerospace industries in India, which require stringent quality control, are major drivers for ICT solutions. The expanding electronics manufacturing sector, particularly in the production of printed circuit boards (PCBs), is also fueling the demand for ICT. Additionally, the rise of IoT and smart devices necessitates precise testing of PCBs to ensure product reliability and functionality.
The in-circuit test market in India confronts challenges related to the rapid evolution of electronics technology. As components become smaller and more integrated, it becomes increasingly difficult to test them accurately. Ensuring that in-circuit test equipment keeps pace with these technological advancements while maintaining cost-effectiveness is a major challenge. Furthermore, the need for skilled technicians and engineers to operate and maintain in-circuit test equipment is a persistent issue.
The India in-circuit test market faced disruptions during the COVID-19 pandemic, primarily due to manufacturing slowdowns and supply chain interruptions. However, the demand for efficient and cost-effective testing solutions remained, especially in electronics manufacturing. The market adapted by offering in-circuit test systems with enhanced automation and remote access features to streamline the testing process.
Prominent players in the India in-circuit test market include Agilent Technologies (now Keysight Technologies) and Teradyne. They provide in-circuit test solutions for electronics manufacturing and quality control.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India In-Circuit Test Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India In-Circuit Test Market Revenues & Volume, 2021 & 2031F |
3.3 India In-Circuit Test Market - Industry Life Cycle |
3.4 India In-Circuit Test Market - Porter's Five Forces |
3.5 India In-Circuit Test Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India In-Circuit Test Market Revenues & Volume Share, By Portability, 2021 & 2031F |
3.7 India In-Circuit Test Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India In-Circuit Test Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electronic devices and components in India |
4.2.2 Technological advancements leading to the development of complex electronic circuits |
4.2.3 Growing focus on quality control and testing to ensure reliability of electronic products |
4.3 Market Restraints |
4.3.1 High initial investment required for in-circuit testing equipment |
4.3.2 Lack of skilled professionals in the field of in-circuit testing |
4.3.3 Rapid changes in technology leading to shorter product life cycles |
5 India In-Circuit Test Market Trends |
6 India In-Circuit Test Market, By Types |
6.1 India In-Circuit Test Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India In-Circuit Test Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India In-Circuit Test Market Revenues & Volume, By Analog, 2021-2031F |
6.1.4 India In-Circuit Test Market Revenues & Volume, By Mixed, 2021-2031F |
6.2 India In-Circuit Test Market, By Portability |
6.2.1 Overview and Analysis |
6.2.2 India In-Circuit Test Market Revenues & Volume, By Compact, 2021-2031F |
6.2.3 India In-Circuit Test Market Revenues & Volume, By Benchtop, 2021-2031F |
6.3 India In-Circuit Test Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India In-Circuit Test Market Revenues & Volume, By Aerospace, 2021-2031F |
6.3.3 India In-Circuit Test Market Revenues & Volume, By Defence & Government Services, 2021-2031F |
6.3.4 India In-Circuit Test Market Revenues & Volume, By Wireless Communication & Infrastructure, 2021-2031F |
6.3.5 India In-Circuit Test Market Revenues & Volume, By Medical Equipment, 2021-2031F |
6.3.6 India In-Circuit Test Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
7 India In-Circuit Test Market Import-Export Trade Statistics |
7.1 India In-Circuit Test Market Export to Major Countries |
7.2 India In-Circuit Test Market Imports from Major Countries |
8 India In-Circuit Test Market Key Performance Indicators |
8.1 Average test time per unit |
8.2 First pass yield rate |
8.3 Equipment utilization rate |
8.4 Mean time between failures (MTBF) |
8.5 Percentage of defects detected during testing |
9 India In-Circuit Test Market - Opportunity Assessment |
9.1 India In-Circuit Test Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India In-Circuit Test Market Opportunity Assessment, By Portability, 2021 & 2031F |
9.3 India In-Circuit Test Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India In-Circuit Test Market - Competitive Landscape |
10.1 India In-Circuit Test Market Revenue Share, By Companies, 2024 |
10.2 India In-Circuit Test Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |