Automated Test Equipment Market – Overview
Testing microprocessors are getting more difficult and time-consuming, as these devices are intended to take on more complex tasks, such as accelerating artificial intelligence computing, enabling automated driving, and supporting deep neural networks. The market is majorly driven by growing demand for efficient power management, growing demand for the smartphone which is accelerating the market for semiconductors, and growing market of consumer electronics among others. A key factor is not just how individual components work, but how they work together in context with other parts of a system. That also affects test coverage and it often requires that devices under test (DUTs) be physically brought or sent to a lab. Another major factor that drives the market growth is rising complexities in consumer electronics and reduction in manufacturing time and cost. However, technical limitation such as high competition among the industrial manufacturer and dynamic changes in the technology is hindering the growth of Automated Test Equipment (ATE) Market.
Automated Test Equipment Market is Predicted to Reach US$ 9.01 Billion by 2030 Registering a CAGR of 3.8 %. The market segmentation analysis offered in the research study demonstrates how different product segments, ATE Market Share, applications, and regions are performing in market.
Automated Test Equipment Market Key Players:
- Chroma ATE Inc. (Taiwan)
- Cobham Plc (U.K.)
- Astronics Test Systems (U.S.)
- Agilent Technologies Inc. (U.S.)
- Teradyne Inc. (U.S.)
- Advantest Corporation (Japan)
- LTX-Credence Corporation (U.S.)
- Roos Instrument Inc. (U.S.)
- National instrument Corporation (U.S.)
- Marvin Test Solution Inc. (U.S.)
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Automated Test Equipment Global Market – Segmentation
Segmentation by Component
- Mass interconnect
Segmentation by Types
- Memory ATE
- Non Memory ATE
- Discreet ATE
Segmentation by Application
- Consumer Electronics
- Aerospace and Defence
Automated Test Equipment Global Market – Regional Analysis
The semiconductor automated test equipment market is offering a lot of opportunities and there will be greater demand for the test equipment in the following years. North America is dominating global automated test equipment market with the largest market share in the region. The current trend in automated test equipment is that testing of both memory and non-memory devices are located in the Asia Pacific.
The memory automated test equipment market is likely to grow significantly across applications, especially coming from IoT and cloud infrastructure, which will probably activate the more consistent growth of automated test equipment. Global automated test equipment market in Asia-Pacific is expected to grow at a fast rate. The NAND test market is expected to boost the growth of the memory automated test equipment market. High demand for reliable electronic products is driving the growth of the test handlers market.
Reasons for Buying This Report:
- It Provides A Forward-Looking Perspective on Different Factors Driving or Restraining Market Growth.
- It Provides Five-Year Forecast Assessed based on How the Market Is Predicted to Grow.
- It Helps in Understanding the Key Product Segments and Their Future.
- It Provides Pinpoint Analysis of Changing Competition Dynamics and Keeps You Ahead of Competitors.
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Table of Content
1.1 INTRODUCTION 11
1.2 SCOPE OF STUDY 11
1.3 RESEARCH OBJECTIVES 11
1.3.1 ASSUMPTION 11
1.3.2 LIMITATION 11
1.3.3 MARKET STRUCTURE 11
18.104.22.168 Global Automated Test Equipment Market By Component 11
22.214.171.124 Global Automated Test Equipment Market By Type 11
126.96.36.199 Global Automated Test Equipment Market By Application 12
188.8.131.52 Global Automated Test Equipment Market By Region 12
2 RESEARCH METHODOLOGY
2.1 RESEARCH PROCESS 13
2.2 PRIMARY RESEARCH 14
2.3 SECONDARY RESEARCH 14
2.4 FORECAST MODEL 15
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST 15
2.4.2 MARKET SIZE ESTIMATION 15
2.4.3 MARKET CRACKDOWN & DATA TRIANGULATION 17
3 MARKET OVERVIEW