Copyright Reports & Markets. All rights reserved.

Global PCBA Functional Test Equipment Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Request for Sample of this report
Buy now

1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global PCBA Functional Test Equipment Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Online
    • 1.3.3 Offline
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global PCBA Functional Test Equipment Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Industrial Server
    • 1.4.3 Computer Motherboard
    • 1.4.4 Other
  • 1.5 Global PCBA Functional Test Equipment Market Size & Forecast
    • 1.5.1 Global PCBA Functional Test Equipment Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global PCBA Functional Test Equipment Sales Quantity (2020-2031)
    • 1.5.3 Global PCBA Functional Test Equipment Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Zhuhai Bojay Electronics
    • 2.1.1 Zhuhai Bojay Electronics Details
    • 2.1.2 Zhuhai Bojay Electronics Major Business
    • 2.1.3 Zhuhai Bojay Electronics PCBA Functional Test Equipment Product and Services
    • 2.1.4 Zhuhai Bojay Electronics PCBA Functional Test Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Zhuhai Bojay Electronics Recent Developments/Updates
  • 2.2 Kyoritsu
    • 2.2.1 Kyoritsu Details
    • 2.2.2 Kyoritsu Major Business
    • 2.2.3 Kyoritsu PCBA Functional Test Equipment Product and Services
    • 2.2.4 Kyoritsu PCBA Functional Test Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Kyoritsu Recent Developments/Updates
  • 2.3 Suvastika
    • 2.3.1 Suvastika Details
    • 2.3.2 Suvastika Major Business
    • 2.3.3 Suvastika PCBA Functional Test Equipment Product and Services
    • 2.3.4 Suvastika PCBA Functional Test Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Suvastika Recent Developments/Updates
  • 2.4 Acroname
    • 2.4.1 Acroname Details
    • 2.4.2 Acroname Major Business
    • 2.4.3 Acroname PCBA Functional Test Equipment Product and Services
    • 2.4.4 Acroname PCBA Functional Test Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Acroname Recent Developments/Updates
  • 2.5 National Instruments
    • 2.5.1 National Instruments Details
    • 2.5.2 National Instruments Major Business
    • 2.5.3 National Instruments PCBA Functional Test Equipment Product and Services
    • 2.5.4 National Instruments PCBA Functional Test Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 National Instruments Recent Developments/Updates
  • 2.6 Raspberry Pi
    • 2.6.1 Raspberry Pi Details
    • 2.6.2 Raspberry Pi Major Business
    • 2.6.3 Raspberry Pi PCBA Functional Test Equipment Product and Services
    • 2.6.4 Raspberry Pi PCBA Functional Test Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Raspberry Pi Recent Developments/Updates
  • 2.7 Arduino
    • 2.7.1 Arduino Details
    • 2.7.2 Arduino Major Business
    • 2.7.3 Arduino PCBA Functional Test Equipment Product and Services
    • 2.7.4 Arduino PCBA Functional Test Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Arduino Recent Developments/Updates
  • 2.8 Keysight
    • 2.8.1 Keysight Details
    • 2.8.2 Keysight Major Business
    • 2.8.3 Keysight PCBA Functional Test Equipment Product and Services
    • 2.8.4 Keysight PCBA Functional Test Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Keysight Recent Developments/Updates
  • 2.9 Smart SMT Tools
    • 2.9.1 Smart SMT Tools Details
    • 2.9.2 Smart SMT Tools Major Business
    • 2.9.3 Smart SMT Tools PCBA Functional Test Equipment Product and Services
    • 2.9.4 Smart SMT Tools PCBA Functional Test Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Smart SMT Tools Recent Developments/Updates
  • 2.10 Gesellschaft für Test Systeme
    • 2.10.1 Gesellschaft für Test Systeme Details
    • 2.10.2 Gesellschaft für Test Systeme Major Business
    • 2.10.3 Gesellschaft für Test Systeme PCBA Functional Test Equipment Product and Services
    • 2.10.4 Gesellschaft für Test Systeme PCBA Functional Test Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Gesellschaft für Test Systeme Recent Developments/Updates
  • 2.11 MCD Elektronik
    • 2.11.1 MCD Elektronik Details
    • 2.11.2 MCD Elektronik Major Business
    • 2.11.3 MCD Elektronik PCBA Functional Test Equipment Product and Services
    • 2.11.4 MCD Elektronik PCBA Functional Test Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 MCD Elektronik Recent Developments/Updates
  • 2.12 Semiki
    • 2.12.1 Semiki Details
    • 2.12.2 Semiki Major Business
    • 2.12.3 Semiki PCBA Functional Test Equipment Product and Services
    • 2.12.4 Semiki PCBA Functional Test Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Semiki Recent Developments/Updates
  • 2.13 Ros Technology
    • 2.13.1 Ros Technology Details
    • 2.13.2 Ros Technology Major Business
    • 2.13.3 Ros Technology PCBA Functional Test Equipment Product and Services
    • 2.13.4 Ros Technology PCBA Functional Test Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Ros Technology Recent Developments/Updates
  • 2.14 Jinkaibo Automation Testing
    • 2.14.1 Jinkaibo Automation Testing Details
    • 2.14.2 Jinkaibo Automation Testing Major Business
    • 2.14.3 Jinkaibo Automation Testing PCBA Functional Test Equipment Product and Services
    • 2.14.4 Jinkaibo Automation Testing PCBA Functional Test Equipment Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 Jinkaibo Automation Testing Recent Developments/Updates

3 Competitive Environment: PCBA Functional Test Equipment by Manufacturer

  • 3.1 Global PCBA Functional Test Equipment Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global PCBA Functional Test Equipment Revenue by Manufacturer (2020-2025)
  • 3.3 Global PCBA Functional Test Equipment Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of PCBA Functional Test Equipment by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 PCBA Functional Test Equipment Manufacturer Market Share in 2024
    • 3.4.3 Top 6 PCBA Functional Test Equipment Manufacturer Market Share in 2024
  • 3.5 PCBA Functional Test Equipment Market: Overall Company Footprint Analysis
    • 3.5.1 PCBA Functional Test Equipment Market: Region Footprint
    • 3.5.2 PCBA Functional Test Equipment Market: Company Product Type Footprint
    • 3.5.3 PCBA Functional Test Equipment Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global PCBA Functional Test Equipment Market Size by Region
    • 4.1.1 Global PCBA Functional Test Equipment Sales Quantity by Region (2020-2031)
    • 4.1.2 Global PCBA Functional Test Equipment Consumption Value by Region (2020-2031)
    • 4.1.3 Global PCBA Functional Test Equipment Average Price by Region (2020-2031)
  • 4.2 North America PCBA Functional Test Equipment Consumption Value (2020-2031)
  • 4.3 Europe PCBA Functional Test Equipment Consumption Value (2020-2031)
  • 4.4 Asia-Pacific PCBA Functional Test Equipment Consumption Value (2020-2031)
  • 4.5 South America PCBA Functional Test Equipment Consumption Value (2020-2031)
  • 4.6 Middle East & Africa PCBA Functional Test Equipment Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global PCBA Functional Test Equipment Sales Quantity by Type (2020-2031)
  • 5.2 Global PCBA Functional Test Equipment Consumption Value by Type (2020-2031)
  • 5.3 Global PCBA Functional Test Equipment Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global PCBA Functional Test Equipment Sales Quantity by Application (2020-2031)
  • 6.2 Global PCBA Functional Test Equipment Consumption Value by Application (2020-2031)
  • 6.3 Global PCBA Functional Test Equipment Average Price by Application (2020-2031)

7 North America

  • 7.1 North America PCBA Functional Test Equipment Sales Quantity by Type (2020-2031)
  • 7.2 North America PCBA Functional Test Equipment Sales Quantity by Application (2020-2031)
  • 7.3 North America PCBA Functional Test Equipment Market Size by Country
    • 7.3.1 North America PCBA Functional Test Equipment Sales Quantity by Country (2020-2031)
    • 7.3.2 North America PCBA Functional Test Equipment Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe PCBA Functional Test Equipment Sales Quantity by Type (2020-2031)
  • 8.2 Europe PCBA Functional Test Equipment Sales Quantity by Application (2020-2031)
  • 8.3 Europe PCBA Functional Test Equipment Market Size by Country
    • 8.3.1 Europe PCBA Functional Test Equipment Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe PCBA Functional Test Equipment Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific PCBA Functional Test Equipment Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific PCBA Functional Test Equipment Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific PCBA Functional Test Equipment Market Size by Region
    • 9.3.1 Asia-Pacific PCBA Functional Test Equipment Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific PCBA Functional Test Equipment Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America PCBA Functional Test Equipment Sales Quantity by Type (2020-2031)
  • 10.2 South America PCBA Functional Test Equipment Sales Quantity by Application (2020-2031)
  • 10.3 South America PCBA Functional Test Equipment Market Size by Country
    • 10.3.1 South America PCBA Functional Test Equipment Sales Quantity by Country (2020-2031)
    • 10.3.2 South America PCBA Functional Test Equipment Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa PCBA Functional Test Equipment Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa PCBA Functional Test Equipment Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa PCBA Functional Test Equipment Market Size by Country
    • 11.3.1 Middle East & Africa PCBA Functional Test Equipment Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa PCBA Functional Test Equipment Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 PCBA Functional Test Equipment Market Drivers
  • 12.2 PCBA Functional Test Equipment Market Restraints
  • 12.3 PCBA Functional Test Equipment Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of PCBA Functional Test Equipment and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of PCBA Functional Test Equipment
  • 13.3 PCBA Functional Test Equipment Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 PCBA Functional Test Equipment Typical Distributors
  • 14.3 PCBA Functional Test Equipment Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global PCBA Functional Test Equipment market size was valued at US$ 1735 million in 2024 and is forecast to a readjusted size of USD 2524 million by 2031 with a CAGR of 5.6% during review period.
    In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
    Functional Circuit Test, abbreviated FCT, is a test used to check the functionality and integrity of a printed circuit board. Test operators usually perform this test during PCB production, usually after the assembly process. Others sometimes refer to FCT as Functional Verification Test (FVT) or Functional Test. FCT testing helps ensure that all components work as expected, are properly connected, and fully comply with requirements and standards.
    This report is a detailed and comprehensive analysis for global PCBA Functional Test Equipment market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
    Key Features:
    Global PCBA Functional Test Equipment market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
    Global PCBA Functional Test Equipment market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
    Global PCBA Functional Test Equipment market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
    Global PCBA Functional Test Equipment market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
    The Primary Objectives in This Report Are:
    To determine the size of the total market opportunity of global and key countries
    To assess the growth potential for PCBA Functional Test Equipment
    To forecast future growth in each product and end-use market
    To assess competitive factors affecting the marketplace
    This report profiles key players in the global PCBA Functional Test Equipment market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Zhuhai Bojay Electronics, Kyoritsu, Suvastika, Acroname, National Instruments, Raspberry Pi, Arduino, Keysight, Smart SMT Tools, Gesellschaft für Test Systeme, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    PCBA Functional Test Equipment market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    Online
    Offline
    Market segment by Application
    Industrial Server
    Computer Motherboard
    Other
    Major players covered
    Zhuhai Bojay Electronics
    Kyoritsu
    Suvastika
    Acroname
    National Instruments
    Raspberry Pi
    Arduino
    Keysight
    Smart SMT Tools
    Gesellschaft für Test Systeme
    MCD Elektronik
    Semiki
    Ros Technology
    Jinkaibo Automation Testing
    Market segment by region, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe PCBA Functional Test Equipment product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of PCBA Functional Test Equipment, with price, sales quantity, revenue, and global market share of PCBA Functional Test Equipment from 2020 to 2025.
    Chapter 3, the PCBA Functional Test Equipment competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the PCBA Functional Test Equipment breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
    Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and PCBA Functional Test Equipment market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
    Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of PCBA Functional Test Equipment.
    Chapter 14 and 15, to describe PCBA Functional Test Equipment sales channel, distributors, customers, research findings and conclusion.

    Buy now