Evaluation Boards

PUBLISHED: October 11, 2024

PAGES: 135 Pages

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Description

Global Evaluation Boards Market to Reach US$7.4 Billion by 2030

The global market for Evaluation Boards estimated at US$4.0 Billion in the year 2023, is expected to reach US$7.4 Billion by 2030, growing at a CAGR of 9.1% over the analysis period 2023-2030. Consumer Electronics Application, one of the segments analyzed in the report, is expected to record a 9.4% CAGR and reach US$2.6 Billion by the end of the analysis period. Growth in the Automotive Application segment is estimated at 10.4% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.0 Billion While China is Forecast to Grow at 8.8% CAGR

The Evaluation Boards market in the U.S. is estimated at US$1.0 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 8.8% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 8.4% and 7.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.3% CAGR.

Global Evaluation Boards Market - Key Trends & Drivers Summarized

How Are Evaluation Boards Enhancing the Development of Electronic Prototypes?

Evaluation boards have become crucial tools for engineers and designers in the process of developing, testing, and validating electronic circuits and systems. These boards are designed to provide a practical environment where integrated circuits (ICs) and modules can be tested for performance under real-world conditions, allowing designers to validate different components before integrating them into their final designs. The growing complexity of electronic devices, driven by rapid advancements in sectors like telecommunications, automotive, and consumer electronics, has elevated the importance of evaluation boards. These tools allow engineers to optimize performance and troubleshoot design issues, speeding up development cycles and ensuring high reliability in production.

What Drives the Adoption of Evaluation Boards Across Industries?

The increased use of evaluation boards in the semiconductor industry can be attributed to several factors, including the accelerated pace of technological innovation and the need to reduce time-to-market for new electronic products. As competition in sectors such as consumer electronics and IoT intensifies, the ability to quickly prototype and verify designs is invaluable. Evaluation boards enable this by providing developers with plug-and-play solutions that make prototyping faster and more efficient. The adoption of boards like system-on-chip (SoC) and microcontroller evaluation kits has increased significantly due to their ability to showcase IC capabilities, and facilitate firmware testing, thus allowing engineers to refine their final product more effectively.

How Are Innovations in Evaluation Boards Supporting Emerging Technologies?

Technological advancements in evaluation boards are being driven by the requirements of cutting-edge fields such as AI, 5G, and IoT. Manufacturers are increasingly focusing on providing specialized evaluation boards tailored to these applications, equipped with features like enhanced wireless capabilities, AI accelerators, and multiple sensor inputs. For example, evaluation boards for AI applications often include support for neural network processing, which assists developers in building and testing machine learning models directly on the hardware. This trend helps companies ensure that their end products can meet the stringent performance, connectivity, and power efficiency requirements demanded by the latest tech applications.

What Drives the Growth in the Evaluation Boards Market?

The growth in the evaluation boards market is driven by several factors, including the increasing complexity of electronic components, the growing need for rapid prototyping, and the rising adoption of IoT and AI-driven devices. The emphasis on faster product development cycles in industries like automotive, where the shift to electric and autonomous vehicles requires extensive testing, has fueled demand for evaluation boards. In the consumer electronics sector, the desire to integrate advanced features such as augmented reality (AR) and 5G connectivity also necessitates comprehensive evaluation before product release. Additionally, the availability of cost-effective, highly capable evaluation boards that reduce both development time and overall R&D costs has further propelled their adoption across multiple sectors.

Select Competitors (Total 42 Featured) -

Advanced Micro Devices, Inc.
Analog Devices, Inc.
Broadcom, Inc.
Diolan
Firecomms Ltd.
Infineon Technologies AG
Microchip Technology, Inc.
Nordic Semiconductor ASA
NXP Semiconductors NV
RECOM Power GmbH

Product Code: MCP28272

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Evaluation Boards - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Increased Focus on Rapid Prototyping Drives Growth in Evaluation Boards
- Rising IoT Product Development Encouraging Use of Evaluation Kits
- Growth in R&D Activities for Consumer Electronics Boosting Market Demand
- Expansion in Automotive Electronics Fuelling the Requirement for Evaluation Boards
- Demand for Cost-Effective Testing Solutions in Medical Devices Supporting Growth
- Surge in Embedded System Development Leading to Increased Evaluation Board Usage
- Growing Popularity of Open-Source Hardware Platforms Drives Market Expansion
- Increased Demand for Power Management Solutions Encouraging Evaluation Board Adoption
- Rising Interest in Wireless Communication Technologies Creating New Opportunities
- Development of Edge Computing and AI Applications Fuelling Evaluation Board Market
4. GLOBAL MARKET PERSPECTIVE
- TABLE 1: World Evaluation Boards Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
- TABLE 2: World Recent Past, Current & Future Analysis for Evaluation Boards by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 3: World Historic Review for Evaluation Boards by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 4: World 16-Year Perspective for Evaluation Boards by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2024 & 2030
- TABLE 5: World Recent Past, Current & Future Analysis for Consumer Electronics Application by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 6: World Historic Review for Consumer Electronics Application by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 7: World 16-Year Perspective for Consumer Electronics Application by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
- TABLE 8: World Recent Past, Current & Future Analysis for Automotive Application by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 9: World Historic Review for Automotive Application by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 10: World 16-Year Perspective for Automotive Application by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
- TABLE 11: World Recent Past, Current & Future Analysis for Industrial Automation Application by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 12: World Historic Review for Industrial Automation Application by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 13: World 16-Year Perspective for Industrial Automation Application by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
- TABLE 14: World Recent Past, Current & Future Analysis for Aerospace & Defense Application by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 15: World Historic Review for Aerospace & Defense Application by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 16: World 16-Year Perspective for Aerospace & Defense Application by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030
- TABLE 17: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 18: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 19: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2014, 2024 & 2030

III. MARKET ANALYSIS

UNITED STATES
- Evaluation Boards Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
- TABLE 20: USA Recent Past, Current & Future Analysis for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 21: USA Historic Review for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 22: USA 16-Year Perspective for Evaluation Boards by Application - Percentage Breakdown of Value Sales for Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications for the Years 2014, 2024 & 2030
CANADA
- TABLE 23: Canada Recent Past, Current & Future Analysis for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 24: Canada Historic Review for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 25: Canada 16-Year Perspective for Evaluation Boards by Application - Percentage Breakdown of Value Sales for Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications for the Years 2014, 2024 & 2030
JAPAN
- Evaluation Boards Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
- TABLE 26: Japan Recent Past, Current & Future Analysis for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 27: Japan Historic Review for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 28: Japan 16-Year Perspective for Evaluation Boards by Application - Percentage Breakdown of Value Sales for Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications for the Years 2014, 2024 & 2030
CHINA
- Evaluation Boards Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
- TABLE 29: China Recent Past, Current & Future Analysis for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 30: China Historic Review for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 31: China 16-Year Perspective for Evaluation Boards by Application - Percentage Breakdown of Value Sales for Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications for the Years 2014, 2024 & 2030
EUROPE
- Evaluation Boards Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
- TABLE 32: Europe Recent Past, Current & Future Analysis for Evaluation Boards by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
- TABLE 33: Europe Historic Review for Evaluation Boards by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 34: Europe 16-Year Perspective for Evaluation Boards by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2024 & 2030
- TABLE 35: Europe Recent Past, Current & Future Analysis for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 36: Europe Historic Review for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 37: Europe 16-Year Perspective for Evaluation Boards by Application - Percentage Breakdown of Value Sales for Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications for the Years 2014, 2024 & 2030
FRANCE
- Evaluation Boards Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
- TABLE 38: France Recent Past, Current & Future Analysis for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 39: France Historic Review for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 40: France 16-Year Perspective for Evaluation Boards by Application - Percentage Breakdown of Value Sales for Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications for the Years 2014, 2024 & 2030
GERMANY
- Evaluation Boards Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
- TABLE 41: Germany Recent Past, Current & Future Analysis for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 42: Germany Historic Review for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 43: Germany 16-Year Perspective for Evaluation Boards by Application - Percentage Breakdown of Value Sales for Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications for the Years 2014, 2024 & 2030
ITALY
- TABLE 44: Italy Recent Past, Current & Future Analysis for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 45: Italy Historic Review for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 46: Italy 16-Year Perspective for Evaluation Boards by Application - Percentage Breakdown of Value Sales for Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications for the Years 2014, 2024 & 2030
UNITED KINGDOM
- Evaluation Boards Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
- TABLE 47: UK Recent Past, Current & Future Analysis for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 48: UK Historic Review for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 49: UK 16-Year Perspective for Evaluation Boards by Application - Percentage Breakdown of Value Sales for Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications for the Years 2014, 2024 & 2030
REST OF EUROPE
- TABLE 50: Rest of Europe Recent Past, Current & Future Analysis for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 51: Rest of Europe Historic Review for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 52: Rest of Europe 16-Year Perspective for Evaluation Boards by Application - Percentage Breakdown of Value Sales for Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications for the Years 2014, 2024 & 2030
ASIA-PACIFIC
- Evaluation Boards Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
- TABLE 53: Asia-Pacific Recent Past, Current & Future Analysis for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 54: Asia-Pacific Historic Review for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 55: Asia-Pacific 16-Year Perspective for Evaluation Boards by Application - Percentage Breakdown of Value Sales for Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications for the Years 2014, 2024 & 2030
REST OF WORLD
- TABLE 56: Rest of World Recent Past, Current & Future Analysis for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2023 through 2030 and % CAGR
- TABLE 57: Rest of World Historic Review for Evaluation Boards by Application - Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
- TABLE 58: Rest of World 16-Year Perspective for Evaluation Boards by Application - Percentage Breakdown of Value Sales for Consumer Electronics Application, Automotive Application, Industrial Automation Application, Aerospace & Defense Application and Other Applications for the Years 2014, 2024 & 2030