Blockchain Press Releases
In-Circuit Test Market worth $1.4 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, June 30, 2023 /PRNewswire/ — In-Circuit Test Market is projected to reach USD 1.4 billion in 2028 from USD 1.2 billion in 2023 at a CAGR of 3.6% according to a new report by MarketsandMarkets™. In-circuit testing (ICT) is a method used to test electronic components and printed circuit board assemblies (PCBAs) while they are still in the operational circuit. It is a type of functional testing that is performed during the manufacturing process to ensure the quality and functionality of the assembled PCBAs. ICT is used in a wide range of applications such as automotive electronics, aerospace & defense, consumer electronics, telecommunication, medical equipment, industrial electronics, and energy industries. Growing demand for automotive electronics and consumer electronics along with increasing adoption of high-density interconnect (HDI) technology for printed circuit board (PCB) assembly are expected to drive the demand for In-Circuit Test Market.
Browse in-depth TOC on “In-Circuit Test Market“
200 – Tables
35 – Figures
231 – Pages
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In-Circuit Test Market Scope:
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Report Coverage |
Details |
|
Market Size |
USD 1.4 billion in 2028 |
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Growth Rate |
3.6% of CAGR |
|
Largest Market |
Asia Pacific |
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Market Dynamics |
Drivers, Restraints, Opportunities & Challenges |
|
Forecast Period |
2023-2028 |
|
Forecast Units |
Value (USD Million/USD Billion) |
|
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
|
Segments Covered |
In-Circuit Test Market by type, portability, application, and region. |
|
Geographies Covered |
Asia Pacific, North America, Europe, South America, and Middle East & Africa. |
|
Report Highlights |
Updated financial information / product portfolio of players |
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Key Market Opportunities |
Rising 5G Technology |
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Key Market Drivers |
Growing demand for automotive electronics |
The Mixed In-Circuit Test segment, by type, is expected to grow at the highest CAGR during the forecast period.
Based on type, the In-Circuit Test Market has been segmented into analog in-circuit test and mixed in-circuit test. The Mixed in-circuit test segment is expected to be the fastest growing segment during the forecast period. The mixed signal circuits are generally cost-effective solutions, which are widely used in modern consumer electronic applications. Mixed signal in-circuit test is expected to be the fastest market in the future because of the increasing use of custom chips having mixed signal technology, i.e., a combination of analog and digital circuitry on the same chip. Mixed signal in-circuit test is widely used in the North America region as the investments in the semiconductor industry is increasing year-on-year in the region.
The consumer electronics & appliances segment, by application, is expected to be the largest segment during the forecast period
This report segments the In-Circuit Test Market based on application into six segments: consumer electronics & appliances, aerospace, defense, and government services, medical equipment manufacturing, automotive, and energy sector. The medical equipment segment is expected to be the second largest segment during the forecast period. Owing to the variation in heartbeats and the firing of an electrical synapse, it is highly recommended to test and calibrate the equipment in the medical field, before shipping it to the end user. The increasing demand for diagnostic equipment to detect all kinds of diseases in their early stages boosts the medical equipment industry.
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Asia Pacific is expected to be the largest region in the In-Circuit Test Industry
Asia Pacific is expected to be the largest In-Circuit Test Market during the forecast period. The Asia Pacific region, comprising major economies such as China, India, Japan, South Korea, and Australia, are witnessing significant growth for consumer electronics owing to increased demand for household appliances and smartphone users. Rising investments in automotive industry is expected to support market grow in Asia Pacific as it can attribute to the increasing demand for automotive electronics, which in turn increases the demand for the in-circuit test.
Key Market Players:
Some of the major players in the In-Circuit Test Companies are Teradyne Inc. (US), Test Research Inc. (TRI) (Taiwan), Keysight Technologies (US), Hioki E.E Corporation (Japan) and Kyoritsu Electric Corporation (Japan). The major strategies these players adopt include new product launches, contracts, agreements, partnerships, and investments & expansions.
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Recent Developments
- In August 2022, SPEA S.p.A. and JTAG Technologies have entered a technological collaboration to significantly improve the integration of boundary scan options within flying probe and bed-of-nails testing equipment. By incorporating boundary scan capabilities into in-circuit testing, fault coverage of interconnections, logic elements, and in-signal passives will be increased.
- In June 2022, Bosch Automotive Group selected SPEA S.p.A. as its global and exclusive supplier of ICT Automatic Testers for its global manufacturing plants for the third time in a row. Bosch Automotive has picked the SPEA ICT Tester model 3030 as the most effective for its circuit boards.
- In May 2022, Digitaltest incorporates SMH Technologies’ FlashRunner 2.0 into their fixtures, In-Circuit and Flying Probe Test Systems. It is especially ideal for programming multi-PCB panels and complex boards because to its flexibility, wide library, and user-friendly software wizard.
- In April 2022, Teradyne, Inc., received a contract from Nations Technologies, an established Chinese microcontroller unit (MCU) and security integrated circuit (IC) chip maker, for the supply of the 7,000th unit of its industry-leading J750 semiconductor test platform.
- In March 2022, MIDEL, Test Research, Inc. (TRI) introduced of the TR8100H SII high-density pin count In-Circuit Tester (ICT) with vacuum fixture for full coverage testing. The TR8100H SII is the latest version of the high-performance board test system designed for low-voltage testing and complex PCBAs.
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Blockchain Press Releases
Bybit x Block Scholes Report: BTC Options Steady with Call-Put Parity, ETH Braces for Short-Term Volatility
DUBAI, UAE, Jan. 3, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released its latest crypto derivatives analytics report in collaboration with Block Scholes. The report sheds light on key trends in open interest and market behavior during the significant year-end options expiration for Bitcoin (BTC) and Ethereum (ETH).
Key highlights:
Open Interest Solid Amid Year-End Options Expiration
Although open interest in BTC and ETH perpetual swaps has not returned to the early December 2024 highs, it remained stable during the critical year-end options expiration. This stability suggests that traders did not heavily rely on perpetual contracts to hedge the delta of expiring options, which contributed to the muted volatility observed during this period. Trading volumes dipped during the winter holiday season, aligning with a collapse in realized volatility, which reached its lowest levels of December.
BTC Option Curve Remains Steep During Call-Put Parity
Contrary to expectations, the expiration of December’s options did not spark a surge in volatility. Instead, realized volatility declined to the lower end of its recent range. The implied volatility term structure for BTC options remains steep, with longer-dated implied volatility hovering around 57% and 1-week at-the-money options trading approximately five points lower. Most of the expired open interest has not been reinvested, maintaining a neutral call-put balance. As a result, BTC’s options market shows limited leverage compared to its position at the beginning of December 2024, reflecting a cautious sentiment.
Huge ETH Option Expiring Doesn’t Cause Volatility
Despite the substantial expiration of ETH options in late December 2024, market dynamics remained stable. A spike in realized volatility during December failed to extend into the new year, with ETH’s spot price currently showing lower volatility compared to short-tenor implied volatility. Over the past week, the implied volatility term structure for ETH options has shifted, steepening briefly before flattening again, diverging from BTC’s consistently steep profile. This pattern suggests that ETH’s options market is bracing for potential short-term volatility in spot price movements.
Interestingly, despite the expiration, call options for ETH have gained momentum at the start of 2025, dominating the market and indicating an optimistic outlook among traders.
Access the Full Report:
Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full Bybit x Block Scholes Crypto Derivatives Analytics Report.
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About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
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Blockchain Press Releases
KuCoin Launches KuCoin Pay, a Merchant Solution Leading the Future of Crypto Payments
VICTORIA, Seychelles, Jan. 2, 2025 /PRNewswire/ — In a significant leap forward for digital commerce, KuCoin has unveiled KuCoin Pay, a pioneering merchant solution designed to catalyze business growth by integrating crypto payments into the retail sector. This innovative system bridges the gap between traditional retail and crypto, offering contactless and borderless transactions. Leveraging KuCoin’s robust infrastructure—trusted globally and serving over 37 million+ users – KuCoin Pay is poised to open new opportunities for merchants and users to thrive in the evolving digital economy.
KuCoin Pay is committed to reducing transaction fees and facilitating immediate settlement of crypto payments, simplifying the process for businesses to manage transactions efficiently. The platform supports an extensive range of cryptocurrencies and blockchain networks, significantly broadening the global reach of payments.
The process for merchants is straightforward: integrate KuCoin Pay into their payment systems, allowing customers to complete purchases through KuCoin by scanning a QR code or via the KuCoin app. This integration ensures a frictionless checkout experience, fostering greater consumer confidence and satisfaction.
Additionally, KuCoin Pay is integrated within the KuCoin app, enabling businesses to tap into KuCoin’s extensive user base while simplifying the buying process for everyday items for users. Daily requests such as gift cards and mobile top-ups can be done seamlessly, further promoting widespread crypto adoption.
KuCoin Pay represents a major milestone in driving the mainstream adoption of crypto and marks a pivotal step in KuCoin’s ongoing commitment to enriching the blockchain ecosystem. For more information on KuCoin Pay and how it can transform your business, please visit the KuCoin Pay website.
About KuCoin
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.
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Blockchain Press Releases
KuCoin Advances the “Menstrual Equity Project”, Benefiting 4,000 Women in the Bahamas
NASSAU, Bahamas, Jan. 2, 2025 /PRNewswire/ — On December 31, 2024, the “Menstrual Equity Project” , jointly initiated by KuCoin, Global CSR Foundation, and the American Medical Women’s Association (AMWA), has made new progress. The second batch of aid supplies has been successfully shipped to the Bahamas, providing urgently needed sanitary products for 4,000 local women and effectively improving their quality of life.
The “Menstrual Equity Project” aims to offer sustainable menstrual hygiene solutions to marginalized women and girls, aligning with the United Nations’ Sustainable Development Goals (SDGs). As the oldest multi-specialty medical organization promoting women’s advancement in the medical field and improving women’s health, AMWA’s mission is in perfect alignment with KuCoin’s commitment to social responsibility.
With the support of the Office of the First Lady of Commonwealth of Bahamas H. E. Ann Marie Davis, this round of donated materials focuses on disposable menstrual pads. This decision reflects the local challenges of water scarcity and high washing costs, while also providing essential emergency supplies for women during natural disasters such as hurricanes and typhoons.
Since KuCoin made a firm commitment to social welfare initiatives during the “KuCoin Green Future Gala” at the 28th United Nations Climate Change Conference (COP28) in 2023, the company has actively fulfilled its corporate social responsibilities. The “Menstrual Equity Project” has become a key initiative under this commitment.
In March 2024, the project’s first phase was implemented, distributing 1,000 menstrual kits—each containing 10 sanitary pads and 2 menstrual cups—to Suriname, St. Jude Children’s Research Hospital, and domestic violence shelters in New York and California.
The smooth delivery of the second batch of supplies to the Bahamas will benefit 4,000 women.
Jing Zhao Cesarone，President of Global CSR Foundation, commented:”KuCoin has set a remarkable example in addressing period poverty in underserved regions, demonstrating its enthusiasm and dedication to social responsibility.”
Nancy Cheung, KuCoin’s Chief Sustainability Officer (CSO), emphasized:”As a global leader in the digital economy, KuCoin is committed to advancing the UN’s Sustainable Development Goals (SDGs). Looking ahead, we will continue to focus on key areas such as climate change, health, and education, driving more philanthropic initiatives to fruition. We also plan to expand the scope of the ‘Menstrual Equity Project,’ collaborating with more international organizations to improve women’s living conditions and contribute to global sustainable development.”
About KuCoin
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.
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