San Francisco, 07 February, Automated Test Equipment Market Analysis by
Product (Non-Memory, Memory, Discrete), By Vertical (Automotive, Consumer,
Defense, IT & Telecom), By Region, And Segment Forecasts, 2018 – 2025.
The global automated test equipment (ATE) market is
expected to reach USD 4.59 billion by 2025, according to a new report by Grand
View Research, Inc. Increasing adoption of System-on chip and high demand for
consumer electronics are the key drivers for the market growth over the
forecast period. Growing electronic content in automotive sector and
penetration of smartphones is expected to drive the ATE market over the
forecast period.
Miniaturization of devices has
spurred ATE demand across various semiconductor manufacturing companies.
Additionally, considerable technological advancements coupled with design
complexity and the need for adequate testing is expected to impact the global
ATE industry positively. Developments in the manufacturing processes of
semiconductors and expansion of wireless networks in developing nations are
expected to provide significant growth for the global ATE market over the
coming years.
The growth of automated test
equipment market is primarily driven by semiconductor
manufacturing companies which focus on cost-effective testing.
Semiconductor manufacturing companies no longer consider fabrication costs as a
factor for profit margin in the manufacturing of semiconductor chips.
Semiconductor companies focus on improving their fabrication technology and
look for efficient ways of testing to reduce losses due to damages. Development
of smartphones, tablets, and System-on-Chip (SoC)-based products is creating
demand for greater functionality in ATE. As connected devices get smaller, more
powerful, and multifaceted, they face design, application, and fabrication
challenges, which increase the demand for ATE.
Increasing design complexities
along with major technological inventions are some of the key drivers of the
ATE market. Recent innovations in IoT devices and autonomous vehicles and
significant changes in the defense and aerospace sectors have drastically
changed the dynamics of the ATE market.
Non-Memory ATE is expected to
have significant market share in the product segment over the forecast period.
Revenue of ATE from IT & Telecommunications sector is projected to have
significant growth, which is likely to boost the market demand over the forecast
period.
Access Full Research Report On Automated Test Equipment Market Analysis:
www.grandviewresearch.com/industry-analysis/automated-test-equipment-market
www.grandviewresearch.com/industry-analysis/automated-test-equipment-market
Further key findings from the report suggest:
·
The growth of automated test
equipment market is driven by the significant use of the test equipment in
automotive and semiconductor industry.
·
In the product segment,
Non-Memory ATE emerged has the largest market share in 2016 and is estimated to
grow at CAGR of 3.3% by 2025.
·
Memory ATE in product segment
is expected to witness the highest growth rate at a CAGR of 3.5%.
·
In the vertical segment, the
ATE market in IT & Telecommunication sector is estimated to grow at a CAGR
of 3.7% by 2025
·
The industry in the
Asia-Pacific is projected to witness substantial growth over the next decade
owing to the presence of a large number of semiconductor manufacturing
companies. The regional market is expected to grow at a CAGR of 3.6% from 2016
to 2025
·
Key players including Aemulus
Holdings Bhd (“Aemulus”), Chroma ATE Inc., Aeroflex Inc. (a subsidiary of
Cobham plc), Astronics Corporation, Advantest Corporation, LTX-Credence
Corporation (Xcerra Corporation) , Teradyne Inc., STAr
Technologies Inc. (a subsidiary of Innotech Corporation), Tesec Corporation,
Roos Instruments, Inc., Marvin Test Solutions Inc. and Danaher Corporation.
Teradyne Inc., LTX-Credence Corporation (Xcerra Corporation), Advantest
Corporation dominated the Global Automated Test Equipment market which accounts
for over 80% of the total market in 2016.
Browse More Reports Of This Category By
Grand View Research At: https://www.grandviewresearch.com/industry/electronic-devices
Grand View Research has segmented the
automated test equipment market by product, vertical, and region:
Product Outlook (Revenue, USD
Million; 2014 - 2025)
·
Non-Memory ATE
·
Memory ATE
·
Discrete ATE
Vertical Outlook (Revenue, USD
Million; 2014 - 2025)
·
Automotive
·
Consumer
·
Defense
·
IT& Telecommunications
·
Others
Regional Outlook (Revenue, USD
Million;2014 - 2025)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
Germany
o
UK
·
Asia Pacific
o
China
o
Japan
o
South Korea
o
Taiwan
o
Thailand
o
Singapore
o
Malaysia
·
South America
o
Brazil
·
The Middle East and Africa
(MEA)
Access Full
Press Release of this Report: https://www.grandviewresearch.com/press-release/global-automated-test-equipment
About Grand
View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
For more information: www.grandviewresearch.com/
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