Lucintel Forecasts the Global Evaluation Board Market to Reach $ 7.3 billion by 2030.


Posted October 12, 2023 by Lucintel

According to a market report by Lucintel, the future of the global evaluation board market looks promising with opportunities in the consumer electronics, automotive, industrial automation, healthcare,

 
According to a market report by Lucintel, the future of the global evaluation board market looks promising with opportunities in the consumer electronics, automotive, industrial automation, healthcare, and aerospace and defense markets. The global evaluation board market is expected to reach an estimated $7.3 billion by 2030 with a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are high adoption of new technologies, such as artificial intelligence, machine learning, and internet of things, as well as, rising demand for electronic devices in a variety of industries, such as consumer electronics, automotive, and industrial automation.

A more than 150 – page report is developed to understand trends, opportunity and forecast in evaluation board market to 2030 by type (general-purpose evaluation boards and application-specific evaluation boards), technology (microcontroller-based, DSP-based, FPGA-based, and analog-based), application (consumer electronics, automotive, industrial automation, healthcare, aerospace & defense, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, general-purpose evaluation boards and application-specific evaluation boards are the major segments of evaluation board market by application type. Lucintel forecasts that general-purpose evaluation boards is expected to witness highest growth over the forecast period because of test and evaluation for a wider range of electronic components and circuits.

Within this market, consumer electronics will remain the largest segment due to increasing demand for consumer electronics devices, such as smartphones, tablets, laptops, and televisions and the fastest growth of new innovation in the industry.

North America is expected to witness largest region over the forecast period due to the presence of a large number of electronic device manufacturers.

Analog Devices, Infineon Technologies, Integrated Device Technology, Maxim Integrated, NXP Semiconductors, STMicroelectronics, and Texas Instruments are the major suppliers in the evaluation board market.


This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
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Issued By Lucintel
Country United States
Categories Business
Tags evaluation board market
Last Updated October 12, 2023