Automated Test Equipment Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Report Code: ZMR-4748 | Report Format : | Status : Upcoming |

Abstract

Global Automated Test Equipment Market: Overview

Automated test equipment help in reducing the manufacturing cost of the devices and also eliminates the chances of producing faulty devices. In the electronics sector, automated test equipment help in finding faults in the circuit boards. Automated test equipment is widely used in end-use industries such as automotive, consumer electronics, defense, and others.

Global Automated Test Equipment Market: Growth Factors

Major application sectors of automated test equipment are automotives and semicondutors. The rise in the number of consumer electronics and connected devices has proved beneficial for the growth of the automated test equipment market. In recent years, companies have profoundly started focusing on increased product quality coupled with end-to-end testing supporting the growth of the global market. Semiconductor manufacturing industries are increasingly using automated test equipment for performance enhancement and increased operation speed thus reducing the overall cost of the semiconductor device. Growing implementation of system-on-chip and growing business of consumer electronics has fueled the growth of automated test equipment market. Other factors supporting the growth of the global market are wide applications of electronic components in the automotive industry and the increasing use of smartphones. Device miniaturization has stimulated the product demand in a wide range of applications. Furthermore, the technological developments along with the complexity in designs and the requirement for effective testing has benefitted the market development. Improvements in the production methods of semiconductors and expanding wireless network industry in the countries offer potential opportunities to the automated test equipment market.

 Global Automated Test Equipment Market: Segmentation

The segments of the global automated test equipment market include its application and product. In terms of application, the market is segregated into automotive, consumer electronics, defense, telecommunication & IT. Product wise, the market is divided into memory, non-memory, and discrete. The high amount of test cost and time is required in semiconductor chip manufacturing owing to the complexities involved. In order to curb this, the semiconductor industries are outsourcing the equipment for the testing process.  Advancements in the autonomous vehicles and IoT devices coupled with developments in the defense and aerospace sector has significantly contributed to the market growth.

Global Automated Test Equipment Market: Regional Analysis

The Asia Pacific automated test equipment market anticipate to witness major developments in the coming years. The major factor being the presence of semiconductor industries in the region, especially in Taiwan and China. Initiatives are being taken by governments of countries such as Indonesia, Singapore, Taiwan, China, Malaysia, and Thailand to develop their manufacturing processes thus propelling the automated test equipment market to grow in the coming years.

North America also anticipates to contribute a major impact on the automated test equipment market owing to the recent investments and developments in the electronics and defense industries. Increased use of automated test equipment particularly in the defense industry fuels the market growth. Developments in the electronics sector and the increasing sales of electric components has added to the European automated test equipment market.

 Global Automated Test Equipment Market: Competitive Players

Major companies operating in the automated test equipment market are Agilent Technologies Inc., LTX-Credence Corp., SPEA S.p.A., Teradyne Inc., Advint LLC, Advantest Corp., Rohde & Schwarz GmbH, Cal-Bay Systems, and Aeroflex Inc.

Global Automated Test Equipment Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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