Automated Test Equipment Market

Automated Test Equipment Market Insights

The global automated test equipment market accounted for a significant market share in 2016. It is further anticipated to increase at a CAGR of more than 4% over the coming years. Factors such as increased revenues generated from sales of consumer electronics, coupled with advancements in technology and need for effective testing methods are likely to propel the market growth.

Also, growing acceptance of System-on-chip is projected to contribute towards the industry growth.  Increasing electronic components in the automotive sector along with growing use of smartphones is further predicted to influence the market over the coming years.

Advancements in the manufacturing processes of semiconductors coupled with extensive use of wireless networks in emerging nations are also projected to impact the industry growth positively. However, high costs associated with testing are likely to restrain the market growth, over the years.

Automated Test Equipment Market: Product Insights

The automated test equipment market is segmented into non-memory ate, discrete ate, and memory ate, based on products. The non-memory ATE product segment held the majority of market share in 2016. To simplify the complexities associated with semiconductor chip manufacturing, a significant amount of test cost and test time is required. ATE companies are extensively engaged in R&D activities in order to improve their product portfolio and to cope up with the latest enhancements in semiconductor devices.

Automated Test Equipment Market: Component/Type Insights

On the basis of component, the automated test equipment market is classified into handlers/ probers, industrial pcs, mass interconnect, and others.

The automated test equipment market is divided into aerospace & defense, consumer electronics, automotive, medical, and others, based on type. Mixed signal testing is mostly used to eliminate tester hardware requirements and to minimize test costs. Memory Chip Testing is the basic process of chip testing which include sending test signals via chip pins and then receiving the response through pins.

Automated Test Equipment Market: Application Insights

Based on application, the automated test equipment market is segmented into aerospace & defense, IT & telecommunication, consumer electronics, automotive, medical, and others.

The IT & Telecommunication application segment in automated test equipment market is projected to record significant market share by 2025.

Automotive application segment is projected to witness a lucrative growth rate over the coming years.  The demand for automated test equipment is likely to be influenced by the increasing unit production, complexity, and performance level of semiconductor devices used in various electronic products.

Automated Test Equipment Market: Regional Insights

North America is expected to witness a significant growth rate over the coming years due to its increasing application in defense sector and several other industries. Asia Pacific accounted for a significant market share in 2016 owing to a large number of semiconductor industries existing in this region.

Automated Test Equipment Market: End-Use Landscape

The end-use landscape includes a list of current and prospective consumers existing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase products from the global automated test equipment market. The major consumers of the product are Ford Motor and Samsung among others.

Automated Test Equipment Market: Competitive Insights

The key players operating in the global automated test equipment market include Astronics Test Systems, Agilent Technologies Inc., Teradyne Inc., Chroma ATE Inc., Cobham Plc, Advantest Corporation, LTX-Credence Corporation, Roos Instrument Inc., National instrument Corporation, and  Marvin Test Solution Inc.

Please note: This is not an exhaustive list of companies profiled in the report.