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:
|
Report Coverage |
Details |
|
Market Size |
USD 1.4 billion in 2028 |
|
Growth Rate |
3.6% of CAGR |
|
Largest Market |
Asia Pacific |
|
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 |
|
Key Market Opportunities |
Rising 5G Technology |
|
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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Test and Measurement Equipment Market – Global Forecast to 2028
Automated Test Equipment Market – Global Forecast to 2027
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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
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DUBAI, UAE, April 17, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, invites Bybit Card users on a hunt for rewards this Easter. With each eligible transaction, Bybit Card holders may qualify for up to 5 guaranteed prizes, including up to 500 USDT in rewards or an extravagant 24K gold egg.
The limited-time campaign unleashes unlimited winning possibilities for lucky users of the Bybit Card. From Apr. 16 to May 4, 2025, the Bybit Card community will get to share in the Easter joy the crypto way. For every $20 spent, users will receive a guaranteed prize. Transaction volume directly enhances winning potential—with every qualified purchase increasing prospects for winning, up to a maximum of 5 opportunities during the promotional period.
In the premier prize tier, 10 top-spending participants who exceed $20,000 or equivalent in qualified spending will each claim a 500 USDT reward on a first come first serve basis. One ultimate winner will be awarded the coveted 24K gold egg.
How to Join
- Registration is required
- Spend $20 or more in a transaction with the Bybit Card
- Each qualified transaction will guarantee one prize
This accessible and user-friendly promotion showcases the exceptional benefits of the Bybit Card ecosystem, where every participant enjoys guaranteed rewards while competing for premium prizes—perfectly embodying Bybit’s commitment to combining crypto’s everyday utility with rewarding experiences.
Since its launch in Sep. 2023, the Bybit Card is on track to reach 2 million users in 2025. The crypto-native, fiat-friendly payment solution allows users to access their digital assets while earning rewards and gaining potential yield.
Bybit Card Highlights
- Instant virtual card: instant access in digital wallets on compatible devices, allowing holders to spend anywhere within the Mastercard network.
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Restrictions apply. Users may find out more about the Bybit Card, regional rewards, and eligibility: Bybit Crypto Card: Your Ultimate Crypto Debit Card.
#Bybit / #TheCryptoArk #TheBybitCard
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
HTX Completes Fireblocks Off-Exchange Integration, Advancing Institutional Trading Security and Efficiency
SINGAPORE, April 16, 2025 /PRNewswire/ — HTX, a leading global cryptocurrency exchange, has successfully integrated and launched Fireblocks Off-Exchange, a next-generation solution for institutional trading.
“This integration represents a strategic expansion of HTX’s institutional offerings,” said Justin Sun, Advisor to HTX. “Fireblocks’ state-of-the-art technology enhances our platform’s security infrastructure while streamlining institutional operations within a compliant framework. Looking ahead, we remain committed to delivering cutting-edge solutions that make HTX the preferred gateway for institutions entering the digital asset market.”
This milestone reinforces HTX’s commitment to delivering a secure, compliant, and seamless trading environment for its global institutional clientele.
Fireblocks Off-Exchange: Revolutionizing Institutional Asset Security
Fireblocks Off-Exchange enables institutions to securely trade digital assets by maintaining funds in self-custodied, off-exchange collateral accounts, while simultaneously receiving 1:1 credit on the exchange. This dramatically reduces counterparty risk while maintaining the speed and capital efficiency of centralized trading.
The solution facilitates rapid, low-cost settlement across platforms, ensuring assets remain under institutional-grade security throughout the trade lifecycle. A robust disaster recovery mechanism guarantees recoverability of funds even under extreme conditions, enabling institutional clients to retain control over private keys while accessing deep exchange liquidity.
HTX: Reinforcing Institutional Confidence in the Crypto Market
By deploying Fireblocks Off-Exchange, HTX strengthens its platform’s regulatory posture and operational resilience—critical factors in today’s evolving digital asset landscape. The integration aligns with HTX’s broader mission to advance institutional participation through enhanced asset protection and compliance infrastructure.
Since the launch, HTX has onboarded numerous institutional clients and recorded a 200% increase in trading volume, validating market demand for secure off-exchange settlement models.
A Step Toward the Future of Compliant Institutional Trading
As the crypto industry continues to mature, HTX remains committed to innovation in asset protection, regulatory alignment, and institutional services. The Fireblocks Off-Exchange integration marks another key milestone in HTX’s journey to provide a best-in-class, compliant trading experience tailored to institutional needs—positioning the exchange as a global leader in secure digital asset trading.
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.
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Blockchain Press Releases
Eric Trump and Asher Genoot to Make First On-Stage Appearance for American Bitcoin at Consensus 2025
TORONTO, April 17, 2025 /PRNewswire/ — Consensus 2025, North America’s most influential gathering for the crypto, blockchain, and AI industries, has announced Eric Trump and Asher Genoot as their conference headline speakers, marking their first on-stage appearance since establishing American Bitcoin. Trump and Genoot will discuss their vision to reshape Bitcoin mining across North America during the conference, scheduled for May 14–16 at the Metro Toronto Convention Centre.
“The launch of American Bitcoin represents a transformative moment for Bitcoin mining in North America,” said Eric Trump, Co-founder and Chief Strategy Officer of American Bitcoin. “I am so proud to share our bold vision for this initiative, which we believe will become the world’s largest and most efficient pure-play Bitcoin miner.”
Eric Trump and Asher Genoot will speak on the mainstage on Thursday, May 15, from 1:15 pm to 1:40 pm, followed by a session at the dedicated Bitcoin Mining Summit from 2:15 pm to 2:45 pm, where they will be joined by American Bitcoin CEO Matt Prusak. These highly anticipated discussions will provide Consensus 2025 attendees with exclusive insights into how American Bitcoin plans to reshape industrial-scale Bitcoin mining in North America while building a strategic Bitcoin reserve.
“I’m excited to join the conversation in Toronto at Consensus 2025 as we launch American Bitcoin,” said Asher Genoot, Chief Executive Officer of Hut 8 and Board Member of American Bitcoin. “We are committed to establishing North America as the global leader in Bitcoin mining and looking forward to connecting with industry leaders and investors at Consensus to share how we believe American Bitcoin is positioned to make that vision a reality.”
Launched on March 31, 2025, American Bitcoin aims to become the world’s largest pure-play Bitcoin miner, targeting over 50 EH/s of mining capacity.
“We’re honored to welcome Eric Trump and Asher Genoot to Consensus 2025 for their first in-person presentation of American Bitcoin. This keynote is among the most highly anticipated sessions of the conference, and I look forward to hearing first-hand how this initiative will help redefine Bitcoin mining across North America. With over 500 speakers convening at Consensus, we continue to offer attendees a front-row seat to the visionaries shaping the future of the crypto sector,” commented Sara Stratoberdha, CEO of CoinDesk.
Consensus will feature over 500 speakers across multiple stages, immersive experiences, and unparalleled networking opportunities. This year’s expanded programming includes dedicated tracks on Bitcoin mining, institutional adoption, regulatory developments, and emerging Web3 innovations, making it the must-attend event for industry leaders, investors, developers, and policymakers shaping the future of digital finance.
Early bird registration is now open with limited-time discounted rates available at consensus2025.coindesk.com.
Members of the media are invited to apply for press credentials at https://consensus2025.coindesk.com/press/-id/0.
Media Contact:
Jamie Sly
[email protected]
About Consensus:
Consensus by CoinDesk is the world’s longest running and most influential gathering for the crypto, blockchain, and AI industries. Bringing together industry leaders, policymakers, and innovators, it helps you understand the future of digital assets with discussions on key topics such as DeFi, Web3, AI, the evolving regulatory landscape and more.
With a mix of panels, keynotes, and networking opportunities, Consensus 2025 provides a platform to explore the latest trends shaping the digital economy. Whether you’re an industry veteran or just entering the space, this event offers valuable insights and connections in a rapidly evolving field.
About CoinDesk:
CoinDesk is the most trusted media, events, indices, and data company for the global crypto economy. Since 2013, CoinDesk Media has led the story of the future of money and investing, illuminating the transformation in society and culture that comes with it. Our award-winning team of journalists delivers news and unparalleled insights that bring transparency, comprehension, and context.
CoinDesk gathers the global crypto, blockchain, and Web3 communities at annual events such as Consensus, the world’s largest and longest-running crypto festival. CoinDesk Indices offers expertise in digital asset indices, data, and research to educate and empower investors. In November 2023, CoinDesk was acquired by Bullish Group. CoinDesk operates as an independent subsidiary and abides by a strict set of editorial policies. For more information on CoinDesk media and events, please visit CoinDesk.com
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