Persistence Market Research’s report titled 'Boundary Scan Hardware Market: Global Industry Analysis (2013-2017) and Forecast (2018-2026)' is an overview of the current market scenario as well as the future growth prospects of the market. According to the report, the global boundary scan hardware market is expected to hold a market value of over $1,500 Million by the end of 2026, growing at a rate of 7.7% during the forecast period 2018-2026.
Boundary scan solutions are essential for reducing the development and production costs of products. Additionally, this technology can be applied to the whole product lifecycle, including product design, prototype debugging, production, and field service. The increasing complexity and functionality of printed circuit boards have created potential opportunities for the growth of the boundary scan hardware market.
Global Boundary Scan Hardware Market: Regional Analysis
The growth of boundary scan hardware is expected to be higher in the regions that have a strong hold on the electronics and automotive markets. According to the market forecast, North America holds the highest market share in the global boundary scan hardware market with a market value of over $400 Million by the end of 2026.
Global Boundary Scan Hardware Market: Competitive Landscape
The global boundary scan hardware market is dominated by a few leading companies. According to the market analysis, companies such as GOEPEL Electronic, JTAG Technologies, XJTAG Limited and Corelis hold almost 80%-85% of the global market share.
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