PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1555558
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1555558
Boundary Scan Hardware Market size was valued at USD 1,758.2 Million in 2023, expanding at a CAGR of 7.40% from 2024 to 2032.
The global boundary scan hardware is sometimes called joint test action group hardware. It is a method of digital circuit testing that allows designers and engineers to verify and troubleshoot the connectivity and functionality of integrated circuits and printed circuit boards. It consists of dedicated chips, specialized test probes, and other components that enable engineers to do non-invasive testing of digital circuitry. The rising use of embedded instruments in smart consumer gadgets is driving the growth of this business.
Boundary Scan Hardware Market- Market Dynamics
Increasing adoption of automation to bolster growth in the market
The growing adoption of automation is a major factor driving growth in the Boundary Scan Hardware Market. Automation streamlines testing processes increases efficiency, and decreases manual errors, resulting in higher output in electronics research and manufacturing. Companies in a variety of industries, including IT and telecom, automotive electronics, consumer electronics, and others, are adopting automation to address the growing demand for faster and more accurate testing solutions. This trend not only improves overall product quality, but also increases demand for advanced boundary scan hardware, fueling market growth as organizations seek to streamline their testing operations and remain competitive in the quickly expanding electronics industry.
Boundary Scan Hardware Market- Key Insights
Our research analyst estimates that the global market will develop at a CAGR of approximately 7.40% from 2024 to 2032.
Based on Type segmentation, in 2023, the Automatic segment dominated the market.
Based on Application segmentation, in 2023, the IT & Telecom segment represented the greatest share of the global Boundary Scan Hardware market
On the basis of region, North America was the leading revenue generator in 2023
The Global Boundary Scan Hardware Market is segmented on the basis of Type, Application, and Region.
The market is divided into two categories based on Type: Automatic and Semi-automatic. Automatic is the most dominant sector. Automatic boundary scan systems are more efficient and faster at testing and validating electronic circuits than semi-automatic methods. They enable automated testing methods, which reduce human intervention, minimize errors, and boost overall productivity in electronics development and manufacturing. Automatic boundary scan systems are popular because of their ability to execute complicated tests quickly and precisely, making them the first choice for many businesses looking for efficient and dependable testing solutions.
The market is divided into six categories based on Applications: Medical, IT & Telecom, Consumer Electronics, Automotive Electronics, Defence and Others. The IT & Telecom sector has the greatest market share in the Boundary Scan Hardware Market. The IT and telecommunications industries use boundary scan devices to test and validate electronic components, circuit boards, and systems. With the rising complexity and shrinking of electronic devices in the IT and telecom industries, there is a high demand for effective testing solutions such as boundary scan hardware. This industry's emphasis on modern technology and strict quality standards adds greatly to its dominance in the boundary scan hardware market.
Boundary Scan Hardware Market- Geographical Insights
Geographically, this market is present in North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These zones are further split based on which countries bring business. North America accounted for the largest percentage. It boasts a well-established and sophisticated electronics industry that makes extensive use of boundary scan technology. The region is home to numerous prominent semiconductor businesses, PCB makers, and other electronics enterprises that rely on boundary scan testing to ensure product quality and reliability. It has an established and sophisticated supply chain for electrical components and equipment. This comprises a wide number of boundary scan hardware providers and distributors, as well as specialized testing and verification services for the industry. This results in a high and consistent demand for boundary scan gear in the region.
Asia-Pacific is expected to represent the second-largest portion of the border scan hardware market share. It is home to many of the world's major electronics businesses, including Samsung, Sony, and Panasonic. These companies rely significantly on boundary scan technology to test and certify their goods. Asia Pacific's electronics industry is quickly expanding, driven by rising consumer demand for electronic gadgets and the introduction of new technologies such as 5G, IoT, and AI. This expansion creates new opportunities for service providers, who want to expand their operations and improve their testing and verification capabilities. As a result, there is a strong need for this industry in the region.
Major players include JTAG Technologies (US), CheckSum LLC (US), Goepel Electronic (Germany), ASSET InterTech (US), Acculogic (Germany), and others. The study provides information on the boundary scan hardware market participants and their operations in the industry. The data is gathered and published through suitable study, technical advancements, acquisitions, mergers, extending manufacturing lines, and partnerships. Other factors considered for the boundary scan hardware market are firms that manufacture and introduce new goods, regions where they operate, automation, technological adoption, generating the greatest income, and making a difference with their products.
In June 2021, Teradyne acquires Mobile Industrial Robots (MiR) and Energid to expand its Industrial Automation business into Autonomous Mobile Robots, as well as motion control and simulation software for robotics.