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 |
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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 |
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Segments Covered |
In-Circuit Test Market by type, portability, application, and region. |
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Geographies Covered |
Asia Pacific, North America, Europe, South America, and Middle East & Africa. |
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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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Related Reports:
Test and Measurement Equipment Market – Global Forecast to 2028
Automated Test Equipment Market – Global Forecast to 2027
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Blockchain Press Releases
Bybit Surpasses 70 Million Users, Reinforces Commitment to Transparency and Institutional Growth
DUBAI, UAE, May 9, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced it has surpassed 70 million registered users, a milestone that highlights the platform’s sustained global growth and deepening trust among both retail and institutional clients. This achievement underscores Bybit’s robust market presence and its steadfast commitment to security, compliance, and product innovation.
“Reaching 70 million users is more than a number—it’s a testament to the trust our global community places in us,” said Ben Zhou, co-founder and CEO of Bybit. “We are doubling down on compliance, institutional-grade infrastructure, and user-centric innovation to ensure everyone—from first-time traders to global institutions—can access the future of finance with confidence.”
Strengthening Global Compliance and Regulatory Engagement
Bybit continues to expand its global compliance framework, working closely with regulators around the world. Most recently, Bybit held strategic discussions with Vietnam’s Ministry of Finance, contributing to the country’s regulatory sandbox initiative by sharing expertise in KYC, AML, and international best practices.
Bybit has also made key progress in major jurisdictions, including the United Arab Emirates, further demonstrating its commitment to regulatory alignment and operational transparency.
Accelerating Institutional Growth
Bybit is seeing rapid growth among institutional clients, driven by high-performance trading infrastructure, advanced risk controls, and strategic partnerships. The integration with Zodia Custody—a leading provider of institutional-grade custody and off-venue settlement solutions—reflects Bybit’s ongoing efforts to meet the needs of sophisticated investors with robust, compliant offerings.
Pioneering Web3 Integration and Real-World Utility
Bybit continues to lead in practical Web3 innovation. The Bybit Card, now used by nearly 2 million people, enables everyday crypto spending, while Bybit Pay streamlines on-chain and off-chain transactions for both users and merchants.
In line with its user-first philosophy, Bybit is also leveraging artificial intelligence to enhance trading, research, and support services. CryptoLens, an in-house AI analytics tool, offers users deep insights into token fundamentals, community activity, social trends, and tokenomics—even for projects not listed on the platform. TradeGPT, an AI agent trained on Bybit’s proprietary data, delivers rapid price action summaries and technical analysis, helping traders make smarter decisions. Complementing these innovations, an AI Support Agent enhances customer service by improving response efficiency and user experience across the platform.
Bridging Traditional Finance and the Future of Digital Assets
Bybit remains committed to its role as #TheCryptoArk—a safe, trusted bridge from traditional finance into the world of Web3. Through intuitive products, regulatory collaboration, and cutting-edge technology, Bybit empowers users of all levels to navigate and thrive in the digital asset ecosystem.
“We’re building the infrastructure for the next era of finance,” Ben added. “By championing regulation, professionalism, and a relentless user-first approach, we’re shaping a safer, more inclusive, and more empowering financial future for all.”
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 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.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
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Blockchain Press Releases
Unleashing the Power of Futures Combo Bots on Bybit: Leveling up Futures Trading with More Rewards
DUBAI, UAE, May 9, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, Futures Combo Carnival, a month-long trading event rewarding both new and experienced Futures Combo traders with multiple rewards tracks. Trading thresholds start at 300 USDT with rewards of up to 500 USDT in prizes weekly.
The largest Futures Combo campaign on Bybit to date, the Carnival gives traders even more reasons to make their futures trading journey hassle-free and more rewarding. Bot-enabled automated trading is becoming the norm among strategic traders in a turbulent market, where no traders can afford manmade mistakes or delays in execution.
Bybit’s Futures Combo Bot is a powerful tool for streamlining users’ futures trading experience, empowering them to build portfolios and rebalance positions across multiple futures contracts. The innovative solution allows traders to set up a Bot within minutes, minimizing manual management of complex trading strategies, and achieving both efficiency and flexibility when managing combos of futures contracts.
From now to Jun. 9, 2025, eligible Bybit users may take part in two events with a welcome bonus for first-time users:
- The Combo Battle offers newcomers who achieve a trading volume of 300 USDT an immediate 5 USDT Bot Bonus on a first-come, first-served basis, while experienced traders can earn lucky draw tickets by reaching volume milestones of 1,000 USDT and 2,500 USDT respectively using Bybit’s Futures Combo Bot.
- The Combo Challenge invites Mandarin-speaking Key Opinion Leaders to create and share their trading strategies on social media using the hashtag #ComboChallenge, with three weekly winners receiving 500 USDT each.
Bybit is committed to making futures trading more accessible to users looking to diversify their trading strategies. With rewards designed for both newcomers and experienced traders, this event strengthens community engagement while supporting users wherever they are on their trading journey. For more details and terms and conditions, users may visit: Bybit Futures Combo Carnival
#Bybit / #TheCryptoArk
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.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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Blockchain Press Releases
Bybit Unifies Loan Products to Enhance Capital Efficiency for Crypto Traders
DUBAI, UAE, May 9, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is enhancing the user experience and capital efficiency of its lending products by integrating Crypto Loans (flexible loans) and Fixed Rate Loans into a single, streamlined interface.
The integration introduces a unified platform for both loan types, enabling users to compare, manage, and optimize their borrowing strategies with greater ease. All loan products are now accessible under the Crypto Loans page, with a redesigned layout that prioritizes usability and transparency.
“Our goal is to simplify how users interact with our lending products while enhancing their capital flexibility,” said Emily Bao, Head of Spot at Bybit. “By consolidating management tools and aligning risk models, we’re giving our users more control and clarity over their borrowing activity.”
Key upgrades include:
- Unified Cross Margin Model: Both flexible and fixed-term loans will now operate under a shared cross-margin system, allowing users to benefit from consolidated Loan-to-Value (LTV) ratios — set at 80% (initial), 85% (margin call), and 92% (liquidation).
- Shared Collateral: Collateral can now be used interchangeably across both loan types, enabling more agile capital deployment.
- Tiered Collateral Ratios: All supported assets will follow a tiered collateral system, reflecting each asset’s risk profile — consistent with the structure previously applied to Fixed Rate Loans.
- Updated Interest Calculation: Interest will be calculated hourly using a compounding method: total debt (principal + accrued interest) multiplied by the hourly interest rate.
Existing loan orders will remain unaffected, continuing under their original terms and conditions. For users seeking further information, detailed guides on both Fixed Rate Loans and Crypto Loans are available via the Bybit Help Center.
This strategic move reaffirms Bybit’s commitment to innovation and user empowerment in the evolving digital asset economy.
#Bybit / #TheCryptoArk
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.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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